Market Newsdesk

SANTA BARBARA, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) — Digital Locations, Inc. (DLOC), a developer of cell tower sites for the 5G revolution, today announced that it is likely to benefit from the growth of 5G small cell sites driven by Augmented Reality (AR) and Virtual Reality (VR) applications that require super high-speed transmission.

“Augmented reality and virtual reality have suddenly become more relevant in a world where people can’t meet in person as easily,” said Bill Beifuss, President of Digital Locations. “Devices such as Microsoft’s HoloLens 2 are prime examples of applications that will drive the growth of 5G services.”

HoloLens 2 users touch, grasp, and move holograms in ways that feel natural – they respond a lot like real objects – resulting in a comfortable and immersive mixed reality experience.

See the video demonstrating Microsoft’s HoloLens 2 augmented reality device:
https://www.youtube.com/watch?v=uIHPPtPBgHk

Holograms have the potential to dramatically improve training, design, and visualization in many business settings and production facilities. Being able to look at, zoom in on and manipulate 3D versions of in-progress designs radically enhances the design process. And voice commands work even in noisy industrial environments through smart microphones and natural language speech processing.

In the field of education, holograms are very important. The reason is that students can actually view the concepts that are taught and visualize them in class or from a distance. Holograms will help students clarify concepts more readily and will enhance the way they learn.

All of these exciting AR applications are only possible with high speed and low latency wireless data transmission. 5G wireless technology can provide that and 5G small cell networks are essential parts of the high speed, low latency solution. The FCC expects up to 80% of new cell site deployments will be small cells. That is because small cells are the only way for operators to deploy 5G in the super high-speed millimeter-wave (mmWave) spectrum. Transmissions in mmWave spectrum can only travel a few hundred feet, due to the propagation characteristics of that band, and that is ideal for small cells simply because they can be as small as a pizza box and are often installed on building roof tops, store fronts and so-called “street furniture” like light poles or streetlights.

At this time, there is no indication that the large wireless operators, such as Verizon, AT&T and T-Mobile Sprint, plan to heavily invest in building small cell networks throughout the country. Instead, they are seeking partners to facilitate the buildout of these networks.

Mr. Beifuss concluded, “All these factors point to a very large market for small cells and a substantial opportunity for Digital Locations. To minimize upfront capital costs, Digital Locations plans to enter into lease option agreements with building/property owners. Once an adequate number of sites have been secured in a particular area (perhaps 20-25 locations in a square mile area), the Company will enter into rental agreements with one or more large wireless operators desiring to extend 5G coverage in the area.”

About Digital Locations, Inc.

Digital Locations, Inc., is a developer of cell tower sites for the 5G revolution. 5G wireless networks are expected to be 100 times faster than current 4G LTE networks. This will enable global scale killer applications such as self-driving cars, the Internet of things (IOT), mobile streaming of 4K videos, real-time hologram-based collaboration, and lag-free high definition gaming. To realize this vision, many new 5G antennas are needed because high frequency 5G signals cannot travel farther than 100 meters. It is estimated that more than 1 million new 5G cell towers must be added in the United States alone. To rapidly enter the market, Digital Locations plans to partner or co-develop a portfolio of cell tower sites to help meet the demands of 5G networks. Our goal is to become a “landlord” of tomorrow’s wireless communications assets.

To learn more about Digital Locations please visit www.digitallocations.com 

Safe Harbor
Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

Press Contact:
[email protected]
(805) 456-7000

Press Release

Nokia and Deutsche Telekom Group expand strategic cooperation to build
5G-ready IP network

          

• Deutsche Telekom will deploy the Nokia 7750 Service Router portfolio, designed for the 5G and cloud era, to replace and modernize its existing IP edge/core network in Greece and Hungary initially
   
• Nokia’s IP edge routers deliver the high-performance, scale and flexibility to support a full array of IP services and functions that meet evolving end user needs

          
12 November 2020

Espoo, Finland – Nokia and Deutsche Telekom Group today announced they are expanding their strategic cooperation to build a 5G-ready IP network. Deutsche Telekom has selected Nokia’s 7750 Service Router (SR) platform to significantly expand capacity across its edge/core routing network as it prepares for next-generation broadband and 5G services. Deployment has already started in Greece, where Nokia is replacing and modernizing the operator’s existing IP network. Rollout in Hungary is expected in Q4 2020.

With networks experiencing unprecedented traffic growth and unpredictable demands, operators want to meet ever-increasing performance requirements while driving down network costs. The scale, feature breadth and versatility of the Nokia 7750 SR-s platform addresses these requirements, enabling operators like Deutsche Telekom Group and its affiliates to build bigger, smarter, automated and secure networks with greater return on investment.

As part of its network modernization, Deutsche Telekom needed to replace an existing IP edge/core network that was reaching its end of service with a new network that can cope with 5G and ultra broadband access requirements. A key principle to achieve this was the consolidation of network layers through the integration of IP aggregation and edge/BNG (Broadband Network Gateway) functions into one converged layer.

Deutsche Telekom selected the Nokia 7750 SR-7s routers as they support the full spectrum of provider edge, gateway and core functions for advanced residential, mobile and enterprise services. Powered by the programmable FP4 network processing silicon, the routers will enable Deutsche Telekom to boost IP network capacity with deterministic performace for a top-quality subscriber experience. As a result, Deutsche Telekom can support 5G interconnectivity and an increasing growth in backbone traffic driven by an increase in mobility applications, video streaming, gaming and other high-capacity demands such as remote working.

The 7750 SR-s is managed by the Nokia Network Services Platform (NSP). NSP supports 5G IP transport with automated slicing across IP and optical transport layers with end-to-end orchestration of network resource provisioning and assurance operations. This simplifies operations so that operators can create customer policies/slices with different network performance, quality and routing capabilities to respond quickly to fast-changing subscriber demand.

Bernhard Scholl, Technology Europe VP Access Core & Transport at Deutsche Telekom, said: “Deutsche Telekom Group affiliates need to expand and modernize their IP networks to address stringent 5G IP transport requirements. We continue to see tremendous growth in network traffic and the need to deliver more throughput and higher capacity with strict QoS to our customers is critical. This is particlarly the case as bandwidth intensive applications are shifting to on demand video along with the growing usage of cloud-based services. Building out this backbone with Nokia’s IP edge routers will allow us to stay ahead of our customers’ network needs.”

Vassilis Kazatzopoulos, Head of International Sales DT Global Customer Business Team at Nokia, said: “With trends like 5G, IoT and Industry 4.0 now a reality, networks are expected to handle hundreds of new applications and services for millions of users. The Nokia 7750 SR-s series of IP routers takes router performance to the next level by delivering the massive scale, comprehensive feature set and platform versatility needed to stay ahead of evolving demands. Nokia is excited to expand its longstanding relationship with Deutsche Telekom Group to help prepare its affiliates’ networks for the future.”

Resources:

• Webpage:
  
  Nokia 7750 Service Router
  
  (SR)
• Webpage:
  
  Nokia FP4 network processor
  
  
• Webpage:
  
  Network Services Platform
  
  (NSP)

About Nokia

We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.

Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.

Media Inquiries:

Nokia
Communications
Phone: +358 10 448 4900
Email: [email protected]

LONDON, Nov. 12, 2020 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT), the multicloud solutions provider, is supporting Plus500’s multicloud environment, having migrated services to Google Cloud whilst managing the existing VMware private cloud platform. Plus500’s highly sensitive data is also now guarded by Rackspace Managed Security.

International financial firm, Plus500, provides online trading across more than 2,000 securities and multiple asset classes. With the new multicloud environment, Plus500 now facilitates more than 3 million trades every month – more than one per second. With assistance from Rackspace Managed Security services, Plus500 can navigate the complexities of this data securely and compliantly.

As Plus500’s business has become increasingly global, its robust and bespoke private cloud platform has continued to underpin its operations. However, with expansion and international growth a key business priority, the need for greater scalability became apparent and it selected Google Cloud for this expansion.

Ari Shotland, Chief Technology Officer at Plus500, said, “Being online-based, and given how quickly things change in the modern world, we have to be agile and constantly looking to adapt and enhance what we are doing. This coupled with the fact that multicloud adds a lot of complexities is why Rackspace Technology has been so invaluable.”

“Multicloud provides a wide range of advantages for many organisations, but navigating the technical complexities takes a team of experts to master,” said Mahesh Desai, Chief Relationship Officer for EMEA at Rackspace Technology. “Our expertise in supporting customers at every stage in their cloud journey enables organisations like Plus500 to support their customers with secure critical financial data, removing the challenges of managing the technical infrastructure.”

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Media Contact

Devika Mistry
Rackspace Technology Corporate Communications
[email protected] 

New York, NY, Nov. 12, 2020 (GLOBE NEWSWIRE) — Hanzo, the company known for its pioneering technology in dynamic web content preservation from enterprise collaboration applications, complex websites, and social media, today announced being selected to receive a grant from the Sustainable Innovation Fund with Innovate UK to extend its flagship Hanzo Hold product to address workplace risk.

COVID-19 has accelerated existing trends to both ‘work from home’ and ‘work anywhere’. Hanzo’s project aims to reduce information security and HR risks created by inappropriate staff behaviour on collaboration platforms. 

The adoption of collaboration tools such as Slack is fundamentally changing the way people interact with one another. However, even after employees return to traditional offices, the use of collaboration platforms will continue (as will the risk of abuse) including both IT and behavioural risks.

‘Working from anywhere’ usually means taking hardware, and the information on that hardware, outside of the controlled environment of an office. This increases the risk that data may leak from an organization. This can include intellectual property, such as patent applications or embargoed press releases, as well as personal information, including financial details and national insurance numbers of employees.

Moreover, without proper policies and monitoring, online communications between employees can change how they interact with each other, potentially creating space for communications that could be considered discriminatory, racist, or harassing in nature. These communications unchecked can contribute to a hostile work environment and create risk for the organisation.  

“Organisations want to retain control over data, security, and protect their employees but are ill-equipped today to tackle the complexities of collaboration software,” said Hanzo CTO, Denis Maurin. “For information security, human resources and compliance, identifying risks early is paramount to reducing risk and is an opportunity to solve a costly and substantial unmet organisational need.” 

Aidan Randle Conde, Lead Data Scientist at Hanzo, commented, “Collaboration platforms lack powerful built-in capabilities for advanced content analysis. Analysis of collaboration content over time can help identify atypical patterns of behaviour. These can then be quickly assessed to determine if subsequent actions are warranted to protect employees and organisations, and support safe work environments that might include workplace training, policy enforcement, or further investigation.”

Innovate UK, as part of UK Research and Innovation, is investing up to £191 million to fund single and collaborative research and development projects as part of the Sustainable Innovation Fund over the next two years. The aim of these competitions is to help all sectors of the UK rebuild after the effects of COVID-19.

The Sustainable Innovation Fund is funding 1,103 projects, 1189 UK businesses, and totalling over £130 million in support across the UK.

Innovate UK Executive Chair Dr Ian Campbell said:

“In these difficult times, we have seen the best of British business innovation. The pandemic is not just a health emergency but one that impacts society and the economy.”

 “Hanzo, along with every initiative Innovate UK has supported through this fund, is an important step forward in driving sustainable economic development. Each one is also helping to realise the ambitions of hard-working people.”

Hanzo recognises that we live in an interconnected world, with many organisations working in multiple nations and jurisdictions. As the world becomes more connected, economies become more intertwined globally, and large organisations increase their reach into new markets. Although the innovation funding is British, its impact reaches far beyond the borders of the UK. 

Hanzo is in a uniquely strong position to meet the needs of businesses that use Slack and other enterprise platforms. Hanzo has always been a remote-first company, and we want to help other companies find the benefits of working remotely while mitigating against possible risks.

You can learn more about Hanzo’s project here https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/933304/Competition_Results_-_The_Sustainable_Innovation_Fund_Round_1__Temporary_Framework_.pdf

About Innovate UK

Innovate UK drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. We connect businesses to the partners, customers and investors that can help them turn ideas into commercially successful products and services and business growth. We fund business and research collaborations to accelerate innovation and drive business investment into R&D. Our support is available to businesses across all economic sectors, value chains and UK regions. Innovate UK is part of UK Research and Innovation. For more information visit www.innovateuk.ukri.org

About Hanzo

Hanzo provides modern ediscovery and compliance software for enterprise organisations. Our solutions empower legal and compliance teams to efficiently manage the preservation, targeted collection, and review of dynamic content from enterprise collaboration applications, social media, and complex websites. Hanzo is SOC 2® Type 2 certified, demonstrating Hanzo’s commitment to data security and serves large corporations across the globe—giving them control, visibility, and context over their data to reduce cost and mitigate risk. Learn more at hanzo.co and follow updates on Twitter: @gethanzo or on LinkedIn.

Attachment

• 2020-11-pr-hanzo-receives-grant-from-sustainable-innovation-fund-innovate-uk-social

Sarena Regazzoni
Hanzo, Inc.
5034074208
[email protected]

BOSTON, Nov. 12, 2020 (GLOBE NEWSWIRE) — Flywire, a high-growth vertical payments company, today released a playbook to help companies within the travel industry adapt to the changes brought on by COVID-19 and kickstart growth into 2021. The guide, “Bouncing Back 2021 Playbook: Tips, Trends, and Strategies for Resilient Travel Companies,” draws from industry experts to share actionable insights into how companies can grow their business despite the headwinds posed by the coronavirus.

“The coronavirus has upended the travel industry to such an extreme that, for most companies, the old way of doing business is not sustainable,” said Colin Smyth, head of travel at Flywire. “Consumers have completely reset their expectations for what constitutes a safe, yet enjoyable experience. By adapting to current customer demand and putting the right tools in place, travel companies will set themselves up for long term success.”

The key takeaways from Flywire’s new framework for travel companies include:

• Adhere to updated Health & Safety Guidelines to mitigate risk. Follow the new standards set out by The ATTA and Cleveland Clinic to manage COVID-19 risk factors and create a safe environment for travel customers.
• Reset Terms & Conditions to protect your business interests. Update your terms and conditions to include more transparent communication around refund and cancellation policies. This will help preserve cost and minimize risk for the business.
• Adapt travel insurance policies to meet consumer demand. The Google search term “travel insurance” surged 92% once the coronavirus hit. Providing customized and flexible insurance policies will cater to the changing expectations of clients and protect the business from unanticipated events.
• Master social media marketing to attract new customers. Effective social media marketing can yield significant ROI. Certain tips, like turning customers into content creators, will help grow your customer base overtime.
• Digitize payments to reduce costs. Leverage a digital payment platform, like Flywire, to reduce fees, simplify processes, mitigate risk and improve the guest experience. 

Flywire and a team of industry experts will be hosting a live webinar that unveils the findings of the playbook in detail on November 12th at 12:00 pm ET. Interested participants can sign up here.

Resources

• Read the complete report here
• To find out how much your travel business can save, request a free payments assessment today at flywire.com/assessment.

About Flywire

Flywire is a high-growth vertical payments company trusted by organizations around the world to deliver on their customers’ most important moments. Unlike other companies, Flywire is proven to solve vertical-specific payment and receivables problems for organizations that deliver high-value services. Whether in education, healthcare, travel or technology, Flywire has vertical-specific insight and technology that allows organizations to optimize the payment experience for their customers while eliminating operational challenges. To date, Flywire has processed over $16 billion in total payments volume for over 2,000 clients around the world. The company is headquartered in Boston, USA and has offices around the world. For more information, visit www.flywire.com. Follow Flywire on Twitter, LinkedIn and Facebook.

Media Contacts

Sarah King
[email protected]

Prosek Partners (US)
[email protected]

CC Group (UK)
[email protected]

• Nouveau Monde has received important and impressive test results for its advanced graphite-based anode materials.
• Nouveau Monde’s anode material has outperformed leading Asian commercial producers – the Company’s reversible capacity (or energy density) performed at 365 mAh/g, above the 360 mAh/g of Asian peers, with similar charging efficiency, and well above the minimum customer specifications requirement of 350 mAh/g.
• Multiple samples were produced by Nouveau Monde’s advanced international technical team, in partnership with its R&D consortium partners, and have now delivered to prospective lithium-ion battery customers for qualification testing.
• This proprietary carbon coating technology will be incorporated into the company’s demonstration plant at Becancour, Quebec.
• Nouveau Monde is actively working with its partner, Forge Nano, to even further enhance the performance with their Atomic Layer Deposition ALD technology.
• Nouveau Monde’s ability to control the entire value chain from graphite ore to the final coated anode material allows it to offer a high quality and consistent product, representing an important and cost-competitive supply of non-Chinese sustainable anode product to the fast-growing lithium-ion battery market.
• Nouveau Monde’s unique, high-quality and zero-carbon footprint anode materials are well placed to serve both the North American as well as European anode materials markets for decades to come.

MONTREAL, Nov. 12, 2020 (GLOBE NEWSWIRE) — Nouveau Monde Graphite (“Nouveau Monde” or the “Company”) (TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) is pleased to announce that it has completed an important technical program on its proprietary coating process with its research and development consortium, internal experts and raw material suppliers. The primary objective of the program, operating since 2018, was to establish the optimal process operational parameters and design criteria needed to complete the engineering and procurement of a large-scale demonstration coating line. This process step is crucial in demonstrating the full value chain proposition as an integrated battery anode materials producer, from mine to market-ready coated spherical purified graphite (“CSPG”).

Eric Desaulniers, President & CEO, states, “The last few years of dedication to R&D and to forging partnerships with the leading research and battery anode experts is now allowing us to bring to market a high-quality ready-for-market battery anode material that compares very favorably with the established Asian supply chain. We will be able to respond to clients needs based on scale, cost-competitiveness, carbon-neutrality and product quality and performance efficiency.”

Furthermore, Arne H.Frandsen, Chairman of Nouveau Monde, commented: “This is an important announcement, confirming both the high quality of our anode product as well as our ability to produce those critical battery raw materials. With our substantial resource base in Québec and integrated value-chain, Nouveau Monde is well set to become a global leader in the supply of anode materials for decades to come”.

To confirm product quality and performance, the Company’s CSPG was benchmarked against the leading Asian commercial anode material that currently dominate the lithium-ion supply chain. A series of electrochemical tests made by the National Research Council of Canada revealed that under the same conditions in half-button cell batteries, the reversible capacity (a measure of the energy density for performance) obtained with Nouveau Monde’s anode material is 365 mAh/g compared with 360 mAh/g for the leading Asian standards. Importantly, the coulombic efficiency for the first cycle was similar for both products and within industry specifications. Further, the broader market minimum specification for reversible capacity is well below at only 350 mAh/g, highlighting the market opportunity for Nouveau Monde.

Figure 1:


Nouveau


Monde’s


coated anode material


outperform


s leading peers 
is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/523254c4-655f-4d9e-ad00-6f215a4ed450

The importance of coating
to Nouveau Monde

In a lithium-ion battery, coating is used to:

• form a stable and passive carbon barrier around the high-purity spheronised graphite, which prevents the electrolyte from penetrating into the graphite and creates a stable electrolyte interface layer; and
• increase first-cycle efficiency by decreasing the specific surface area of the particles, reducing the loss of lithium within the electrolyte interface.

Coating is considered the last value-added production step and will allow Nouveau Monde to provide high purity, battery grade anode material for the rapidly growing electric vehicle and renewable energy storage industries, securing significantly higher margins and cash flow for shareholders.

Figure 2:


Increased margins through the value-added process
 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dc052726-ee93-47bf-bea5-bca0ffbb9ed1

Forge Nano’s
ALD coating
will
enhance performance of current carbon coated anode material

On October 6, 2020 Nouveau Monde announced a collaborative agreement between the Company and
the
US-based
high-tech
company Forge Nano for the use of advanced coating technologies to enhance the performance of Nouveau Monde’s carbon coated anode material. Eric Desaulniers explains: “Now that we have developed a process that is scalable, low-cost and proven based on the known carbon coating technologies, we are working closely with our partner at Forge Nano with their state-of-the art ALD coating to significantly improve anode material quality above what is currently available in the market. The ALD coating that Forge Nano will provide will be added on top of our coated product, creating a premium anode material for specific customers. Through Nouveau Monde, potential clients will have the ability to purchase our industry-standard anode material or an enhanced superior anode material for more performance driven applications.”

Market
p
erspective

On October 22, 2020, Roskill, an expert research and consultancy firm focused on the metals, minerals and chemicals industries, commented on Nouveau Monde and shared their insight into the market for coated product: “The addition of coatings creates even higher potential for profit from spherical graphite. Only a limited number of producers currently carry out battery material coating processes, which require a high level of knowledge and experience and has traditionally taken place in Japan and, more recently, South Korea, using proprietary production methods. Chinese spherical graphite producers have now also begun to develop coatings, mainly for supply to the domestic market.

The average value of Chinese imports of (mostly coated) spherical graphite was US$7,157/t in 2019 but prices vary widely depending on the type of coating, as requested by the consumer and determined by the final battery application. China’s monthly average value of imports ranged from a low of US$4,068/t to a high of US$22,965/t in 2019.”

About Nouveau Monde

Nouveau Monde will be a key operator in the sustainable energy revolution. The Company is developing the only fully integrated source of green battery anode material in the Western World. Targeting full scale commercial operations by early 2023, the Company will provide advanced carbon-neutral graphite-based material solutions to the growing lithium-ion and fuel cell markets. With low-cost operations and the highest of ESG standards, Nouveau Monde will become a strategic supplier to the world’s leading battery and auto manufacturers, ensuring robust and reliable advanced material, while guaranteeing supply chain traceability.

Media	Investors
Julie Paquet  Director, Communications  Nouveau Monde +1 450-757-8905 (#140)  [email protected]	Christina Lalli  Director, Investor Relations  Nouveau Monde +1 438-399-8665  [email protected]

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Cautionary Note Regarding Forward-Looking Information
 
All statements, other than statements of historical fact, contained in this press release including, but not limited to (i) the positive impact of the foregoing on project economics, (ii)increased margins through NMG’s value-added process,and  (iii)  generally, or the “About Nouveau Monde Graphite” paragraph which essentially describe the Corporation’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” within the meaning of certain securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.  
Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.   

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined


in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 
 
Further information regarding Corporation is available in the SEDAR database (www.sedar.com) and on the Corporation’s website at: www.NouveauMonde.ca 

WASHINGTON, Nov. 12, 2020 (GLOBE NEWSWIRE) — 48 environmental, conservation and forest business leaders today announced an agreement of principles on the important role of sustainably managed forests and forest products can play in mitigating climate change.

Today, forests in the U.S. offset 15% of the country’s industrial carbon emissions. Carbon sequestration in sustainably managed private forest lands and carbon storage in forest products can provide a natural solution to climate change while also providing a wide variety of additional benefits like clean air and water, wildlife habitat, and good paying jobs.

The principles are signed by the CEOs of American Forests, American Forest Foundation, Environmental Defense Fund, National Alliance of Forest Owners, The Nature Conservancy, and the CEOs of 43 forestry businesses representing over 46 million acres of working forests across the United States.

The executives are united in a common vision: to harness the power of the private forest sector to address climate change, we must engage forest owners of all sizes, support strong rural economies, and ensure sustainable, science-based practices.

The policy principles encourage incentive and market-based approaches to increase the carbon benefits of working forests and forest products. They recognize the important role that private sector participation, investment, and partnerships can play in expanding carbon benefits from the forest sector. The principles underscore the importance of safeguards that promote positive outcomes for forests and the climate, healthy markets for forest products, and investments needed to strengthen rural communities. They also emphasize need for robust science, data and life cycle analysis to guide policy.

The principles provide a common starting place for signing CEOs, and their respective organizations, to engage policymakers, business leaders in other sectors, investors, shareholders, and other stakeholders in discussions about climate solutions available through forestry and wood products.

Private Working Forests as A Natural Climate Solution

Climate change poses a significant challenge to our environment, our economy and our communities. Carbon sequestration in sustainably managed private forest lands and carbon storage in forest products can provide a natural solution to climate change while also providing a wide variety of additional benefits like clean air and water, wildlife habitat, and good paying jobs.

Forest owners and forest products manufacturers are well positioned to optimize the carbon potential of the private working forest value chain through sustainable forest management and the manufacture of sustainable forest products. Forest owners and managers should be empowered with the tools they need to increase overall forest carbon sequestration using sustainable forest management practices and technologies, and site-appropriate reforestation. Healthy, sustainable forest products markets are essential to optimizing the benefits of forest carbon on private lands and in the materials and products they produce. For example, solid wood construction at scale using new engineered wood technologies, like mass timber produced from sustainably managed forests, presents a significant opportunity to store carbon and reduce energy consumption and related carbon emissions in the built environment.

Private forests are under increasing threat from uncharacteristic wildfire, pests and disease, drought and extreme weather events that can cause significant carbon releases and other environmental damage. In many private forests, addressing these threats requires sustainable management such as thinning, prescribed fire, and other forest management techniques that bolster forest health and resilience.

Public policies should include market and incentive-based approaches that help capture the potential of private forests and forest products to sequester more carbon, while ensuring sustainable forest management to maintain and improve forest health and resilience, boost private sector investment in rural communities, and help keep forests as forests.

Policy is strengthened through advances in science, technologies, techniques, and practices to improve forest carbon inventories and provide better information to landowners, forest managers and the public regarding the contribution and management of forests and forest products for climate mitigation. Such advances also support forest practices that benefit the environment and forest economies.

Maintaining sustainable private working forests at scale to benefit the climate requires investing in the jobs, businesses, and infrastructure necessary to support a strong forest economy. Such investments must help sustain markets that increase the carbon mitigation benefits of forest and wood products, provide additional environmental benefits, and strengthen rural communities.

Leadership and innovation in the private sector play an important role in advancing and informing public policy. Throughout the economy, businesses are seeking natural climate solutions to reduce their carbon footprints. A growing number of partnerships between private companies, the forest sector, and environmental and conservation organizations are driving investment in the significant carbon potential of sustainably managed forests and forest products. The insights and experience gained from such early action provides an important basis for effective policy.

Policy Principles

As leaders of the environmental, conservation and forest business communities, we recognize that private working forests and forest products can play an important role in mitigating climate change. The following principles outline our shared vision for increasing the contribution of forests and forest products to climate mitigation.

• Policies should include incentives and market-based mechanisms and should be designed to be accessible and credible to maintain working forests, increase carbon benefits across the working forest value chain, and encourage broad participation from forest owners, forest products manufacturers and potential investors.
• Public funding should be directed to improve forest carbon science and data collection and incentivize the development of new technologies, techniques, and practices to improve forest carbon inventories and life cycle analyses for forest products.
• Increased public funding and policies should focus on innovative approaches to increase carbon benefits in and from forests and improve the scalability and outcomes of USDA private forest conservation programs, such as the Forest Legacy Program, State and Private Forest Grant Programs, the Healthy Forests Reserve Program.
• Policies should encourage, recognize, and reward private sector partnerships that advance the carbon potential of sustainably managed forests and forest products at scale.
• Policies should help spur investments in the rural jobs, businesses, and infrastructure necessary to support a strong forest economy.
• Policies to reward the carbon benefits of forest products, such as mass timber and other advanced building materials, must be based on scientifically sound life cycle analysis and include safeguards to promote positive outcomes for forests and the climate.
• Policies should support updating building and architectural codes to reflect the carbon benefits of advanced wood construction.
• Public funding should be invested in training programs for architects, builders, and other professionals who make important decisions about building materials and their sourcing.
• Policies should ensure sustainability through practices such as forest certification, use of best management practices and other approaches that support clean air and water, wildlife habitat, the conservation of ecologically sensitive areas, and other environmental benefits.

About the CEO Principles

The CEO Principles are a shared vision for increasing the contribution of forests and forest products to climate mitigation from leaders of the environmental, conservation and forest business communities. The signing CEOs recognize that private working forests and forest products can play an important role in mitigating climate change through thoughtful policy, private sector engagement, and investment in rural communities.

Tom Martin PRESIDENT AND CEO, AMERICAN FOREST FOUNDATION

Jad Daley PRESIDENT AND CEO, AMERICAN FORESTS

Fred Krupp PRESIDENT, ENVIRONMENTAL DEFENSE FUND

David P. Tenny PRESIDENT AND CEO, NATIONAL ALLIANCE OF FOREST OWNERS

Jennifer Morris CEO, THE NATURE CONSERVANCY

John Cashwell REPRESENTATIVE, BBC LAND, LLC Gerrity Lansing HEAD, BTG PACTUAL TIMBERLAND INVESTMENT GROUP Dave Rumker MANAGING DIRECTOR, CIO, CAMPBELL GLOBAL, LLC Joel Caswell CHIEF EXECUTIVE OFFICER, CASWELL THOMPSON, INC. Brian Davis CEO AND PRESIDENT, CATCHMARK TIMBER TRUST J. Travis Bryant PRESIDENT & CEO, COASTAL FOREST RESOURCES COMPANY Paul Young FOUNDING MEMBER, CONSERVATION RESOURCES Joe Sanderson MANAGING DIRECTOR, DOMAIN TIMBER ADVISORS Earl D. Barrs Wanda T. Barrs DUE SOUTH INVESTMENTS, 2020 FOREST LANDOWNERS ASSOCIATION FOREST LANDOWNER OF THE YEAR Marc Walley PRESIDENT, FOREST INVESTMENT ASSOCIATES

Mike McFetridge CIO, GLOBAL FOREST PARTNERS, LP Douglas Reed PRESIDENT, GREEN DIAMOND RESOURCE COMPANY Jeff Nuss PRESIDENT AND CEO, GREENWOOD RESOURCES, INC. Peter Sikora CEO, GIUSTINA RESOURCES William Peressini PRESIDENT AND CEO, HANCOCK NATURAL RESOURCE GROUP Marc Brinkmeyer OWNER, IDAHO FOREST GROUP James D. Irving CO-PRESIDENT, J.D. IRVING, LIMITED Troy Harris MANAGING DIRECTOR, JAMESTOWN, LP Mark Sherman PRESIDENT, KEWEENAW LAND ASSOCIATION, LIMITED Toby Luther PRESIDENT AND CEO, LONE ROCK RESOURCES Stephen Hicks PRESIDENT AND CEO, LONGYEAR Nicole Kimzey COO, MERRILL & RING

Bob Lyle PRESIDENT, MOLPUS WOODLANDS GROUP David Brand CEO, NEW FORESTS Alexander Ingraham PRESIDENT, PINGREE ASSOCIATES, INC. René Ancinas CHAIRMAN & CEO, PORT BLAKELY Mike Covey CHAIRMAN AND CHIEF EXECUTIVE OFFICER, POTLATCHDELTIC David Nunes PRESIDENT AND CEO, RAYONIER, INC. Thomas Walker EXECUTIVE COMMITTEE CHAIR, RED RIVER FORESTS, LLC Craig Blair PRESIDENT AND CEO, RESOURCE MANAGEMENT SERVICE, LLC Grady Mulbery PRESIDENT AND CEO, ROSEBURG FOREST PRODUCTS Mark Emmerson CHAIRMAN AND CFO, SIERRA PACIFIC INDUSTRIES Bob Ratliffe PRESIDENT, SILVER CREEK CAPITAL MANAGEMENT

Randy Hereford PRESIDENT AND CEO, STARKER FORESTS, INC. Scott Griffin PRESIDENT AND CEO, SUPERIOR PINE PRODUCTS COMPANY Blake Stansell CEO, THE FORESTLAND GROUP, LLC James Hourdequin CEO, THE LYME TIMBER COMPANY LP Mike Claridge PARTNER, HEAD OF FORESTRY & AGRICULTURE, THE ROHATYN GROUP Brian Luoma PRESIDENT AND CEO, THE WESTERVELT COMPANY Steve Killgore CEO, TIMBER PRODUCTS COMPANY Tom Johnson MANAGING DIRECTOR, TIMBERLAND INVESTMENT RESOURCES, LLC Tom Colgan CEO, WAGNER FOREST MANAGEMENT Devin Stockfish PRESIDENT AND CEO, WEYERHAEUSER

Commentary from Signing CEOs

“Families and individuals own the largest portion of America’s forests, and their valuable contributions address some of our country’s most pressing conservation issues. We proudly stand alongside our partners to recognize and elevate that contribution. More than 21 million families own forests in the U.S., so every time their work is empowered and their forests are supported, we get one step closer to properly tapping natural climate solutions that will have a significant impact on both climate and rural American communities.”

– Tom Martin, President and CEO, American Forest Foundation

“America’s forests and forest products already capture nearly 15 percent of our carbon dioxide emissions, and have potential to do even more. Private forest owners steward over half of our nation’s forests, and they are positioned to implement forest practices at scale that can grow this powerful forest carbon sink. Now is the time for America to partner with our nation’s private forest owners to capture this opportunity.”

– Jad Daley, President and CEO, American Forests

“Climate change is an urgent, existential threat that requires us to seek a diverse set of creative solutions. The signers to these principles may not agree on everything, but we all recognize that privately owned and sustainably managed forests can play an important role in sequestering carbon and providing additional benefits like clean air, clean water and wildlife habitat. With the right policies and market incentives in place, the forest sector can be a leader in reducing emissions and building resilience in the face of mounting climate impacts.”

– Fred Krupp, President, Environmental Defense Fund

“These principles show how leaders can come together from different perspectives to establish common ground for the common good. Private working forests, the products they produce and the rural communities that sustain them, are the beating heart of natural climate solutions in the U.S. Together they help reverse the impacts of climate change better than any other segment of our economy while sustaining 2.5 million American jobs. By harnessing the power of markets, science and sustainable practices, we can empower them to do even more. Modern forestry harnesses the power of forest product markets to support rural communities with jobs that are helping mitigate climate change.”

– David P. Tenny, President and CEO, National Alliance of Forest Owners

“To maximize the role of forests in our collective work to combat climate change, we need more carbon on the landscape. To do that, we need strong safeguards to protect carbon stocks and new incentives for climate smart management of private working forests. We’re pleased to join so many voices across the forestry sector on these principles for ensuring our forests play a central role as a natural climate solution.”

– Jennifer Morris, CEO, The Nature Conservancy

“Sustainably managed forests and climate-positive forest products are critical for accelerating the transition to a renewable economy and a climate-stable future. BTG Pactual is pleased to stand with The Nature Conservancy, the Environmental Defense Fund and others in our industry to ensure that our global forest economy delivers natural climate solutions at scale, and positively impacts biodiversity, water and inclusive rural economic development.”

– Gerrity Lansing, Head, BTG Pactual Timberland Investment Group

“The recognition by non-industrial stakeholders of private timberland’s pivotal role as a net positive contributor to carbon storage, emissions, and conservation is a milestone for productive efforts to advance public policies that produce significant environmental benefits.”

– Joel Caswell, CEO, Caswell Thompson

“Promoting forest stewardship and sustainability through state-of-the-art management practices is not only integral to CatchMark’s operations and essential for our ongoing business success, but also is critical to the success of our industry and the entire forest sector.”

– Brian Davis, CEO and President, CatchMark Timber Trust

“We are committed to managing the resources entrusted to us for the betterment of all stakeholders and we believe sustainable forest management is an integral part of the solution to addressing climate change. Coastal has been actively managing its forests for over 70 years, and today our timber inventories are greater than ever. Our forests are providing more clean air, clean water and superior wildlife habitat thanks to our intensive management approach.”

– J. Travis Bryant, President & CEO, Coastal Forest Resources Company

“The majority of our working forests are in rural areas. In order to continue to sustainably manage our forests it is critical we support fair competitive markets and jobs while supporting rural America.”

– Earl D. Barrs, Wanda T. Barrs, Due South Investments, 2020 Forest Landowners Association Forest Landowner of the Year

“Giustina Resources welcomes this opportunity to share what we have learned in over 100 years of sustainably managing our family forests and to learn from others as we work together in the pursuit of natural climate solutions.”

– Peter Sikora, CEO, Giustina Resources

“As large scale landowners and active participants in the carbon offset market, we believe there is great potential for private landowners to be meaningful contributors to climate change solutions. We are delighted to work with such esteemed partners on a shared vision.”

– Douglas Reed, President, Green Diamond Resource Company

“It’s imperative for public policies to recognize working forests as natural climate solutions to enable continued investment in sustainable forestry and to reward the carbon benefits of forest products, thereby fully incorporating natural climate solutions into climate change mitigation strategies.”

– William Peressini, President and CEO, Hancock Natural Resource Group

“We believe that healthy forests are a natural solution to climate change. Our company utilizes technology and our logging contractors as tools to actively manage private and public forests alike. Not only do our actions mitigate catastrophic wildfire, but they also create forest conditions that store carbon, produce clean air and water, promote the manufacture of wood products, and offset the impacts of climate change.”

– Marc Brinkmeyer, Owner, Idaho Forest Group

“Lone Rock Resources is excited to be a part of the shared vision described in these principles. Our company is committed to sustainable forest management practices that support robust carbon sequestration in our forestlands, which when coupled with a strong market for wood products to store the carbon, is a fundamental element to aggressively confronting climate change.”

– Toby Luther, President and CEO, Lone Rock Resources

“At Molpus, we fully support the CEO Principles and believe that private working forests are a critical carbon mitigation and natural climate solution. As a long-term timberland manager and a signatory to the United Nations-supported Principles for Responsible Investment, Molpus’s core focus is the responsible stewardship of the forest investments we manage. We are proud of the myriad benefits our working forests provide, including valuable contributions to the environment, the economy, and the communities where we live and work.”

– Bob Lyle, President, Molpus Woodlands Group

“Pingree Associates fully endorses the principles described in Private Working Forests as A Natural Climate Solution. Pingree is a private family owned company that has owned timberland in Maine for eight generations. Our family has always taken a forward looking approach to sustainability, conservation, and now climate change. We view timberland as an important tool to fighting climate change and helping our world get to a stronger, healthier future. Our forests provide clean air, clean water, habitat for wildlife, and timber for a robust forest economy that supports good paying rural jobs. Private forests are the backbone of the forest economy and one of the greatest tools available to fight climate change. If we are going to actively combat climate change forests will need to be a part of the solution, and enhancing their contribution potential through well designed and implemented policy will ensure that forests keep producing solid wood products that lock up carbon, and keep growing trees that actively sequester carbon and service solid wood markets. Pingree has been sustainably managing our forests for generations, and look forward to continuing that philosophy for generations to come in a healthier and more resilient climate.”

– Alexander Ingraham, President, Pingree Associates, Inc.

“As a family-owned company focused on cultivating a healthy world, tackling the climate crisis is an urgent priority. Our working forests must be part of the solution so the next generation can continue our stewardship.”

– René Ancinas, Chairman & CEO, Port Blakely

“Rayonier is proud to join NAFO and our other partners in addressing the climate challenges our society faces. Private working forests play an indispensable role in providing natural climate solutions that help reduce carbon in the atmosphere by sequestering large amounts of carbon both in the forest ecosystem and in the wood products produced from harvested trees. As our society utilizes more sustainably produced forest products and replaces more carbon intensive materials such as concrete or steel, we will thus help to ensure the long-term sustainability of our ecosystem.”

– David Nunes, President and CEO, Rayonier, Inc.

“As a global manager of long-term working forest investments, we are well-positioned to advocate market-based policies promoting working forest solutions to climate change and to execute strategies that expand the role of forests through private investments in afforestation and improved forest management. RMS is already advancing these principles by providing access and support for basic and applied research on the role of working forests in addressing climate change, expanding investor and key stakeholder awareness through regular carbon storage and sequestration reporting, and Partnering with selected architectural schools to increase knowledge of the positive climate impacts of sustainably managed forests.”

– Craig Blair, President and CEO, Resource Management Service, LLC

“Sierra Pacific Industries values collaborative partnerships that seek solutions and policies recognizing the role of sustainable forest management and forest products in helping to achieve positive climate outcomes. As a result of the long-term investment we have already made with forest carbon offset projects registered under California’s offset program, we know that effective climate policy can create both climate and economic benefits. These benefits are achieved while maintaining a vibrant rural economy and continuously storing carbon through the wood products in homes and buildings.”

– Mark Emmerson, Chairman and CFO, Sierra Pacific Industries

“Superior Pine Products Company supports the CEO Climate Change Principles because of the current and future importance of managing our private working forests on a sustainable basis in order to support climate mitigation. Our Company employs the best forest management practices and techniques that naturally sequester Carbon, while also providing forest products, jobs, recreation, and a host of other benefits directly influencing the health and well-being of the private forest community. I believe that these principles should supplement public policies grounded in reasonable and sound forest management that will support and improve climate mitigation well into the future.”

– Scott Griffin, President and CEO, Superior Pine Products Company

“Signing on to the CEO Principles was an easy choice for The Forestland Group. For over 25 years, our company has been managing natural forests to mitigate climate change, drive positive ecological impacts, support rural economic resilience, and maximize financial returns for investors. We look forward to building on this legacy alongside NAFO and other signatories to the CEO Principles.”

– Blake Stansell, CEO, The Forestland Group, LLC

“We are signing on because we believe the need to address climate change is one of the most pressing issues of our time and all businesses have a responsibility to look for solutions. Our role is to understand the science pertaining to the role of forests, forest management, and forest products in mitigating climate change, then to participate in the design of regulations and market based solutions that will enable our businesses to contribute meaningfully to climate solutions.”

– James Hourdequin, CEO, The Lyme Timber Company LP

“Westervelt is proud to be a part of this important dialogue within the forest business and conservation sectors. We believe conservation, sustainably managed working forests and forest products are essential in a natural climate solution to capture the benefits of carbon storage and mitigate the effects of climate change.”

– Brian Luoma, President and CEO, The Westervelt Company

“We are proud of the critical role our timberlands play in addressing climate change. Our job as a private timberland steward is to sustainably manage the resource to yield a continuous supply of timber for durable wood products while ensuring that the forest is healthy and resilient. Our lands produce a stream of benefits beyond timber, including: clean air, clean water, wildlife habitat, recreation, and carbon benefits. We have partnered with conservation groups who recognize the value of the benefits that our lands provide. By acknowledging these values, these partnerships enable us to continue managing these lands as forests, ensuring a continuous benefit stream. The NAFO climate solution principles recognize the carbon potential of private timberlands and will help ensure that these lands play a critical role in mitigating climate change.”

– Steve Killgore, CEO, Timber Products Company

“Slowing, mitigating, and eventually reversing the impacts of climate change will require collaboration, innovation, and a shared vision for how the problem can be addressed. The private working forests upon which we and others practice sustainable forestry plays an important role in helping us remove carbon from the atmosphere. In addition, our ability to use the timber produced in these forests to store more atmospheric carbon in long-lived, durable products, like Mass Timber, can unquestionably make an impact in the fight against global warming. A deeper and more engaged commitment to cooperative problem solving among members of the corporate, investment, government, and non-profit sectors is the key to developing the public policy frameworks and markets necessary for these things to happen. That is why we at Timberland Investment Resources, LLC have chosen to become a signatory to the CEO Principles.”

– Tom Johnson, Managing Director, Timberland Investment Resources, LLC

“Our forests play a critically important role as a natural climate solution, but we know addressing the significant challenges of climate change will require collaboration with a broad coalition of partners. These principles represent an important first step in bringing together industry and environmental groups around a shared commitment to climate action. We look forward to working with this coalition to advocate together for effective climate policies in the future.”

– Devin Stockfish, President and CEO, Weyerhaeuser

CONTACT: KATE GATTO,	NATIONAL ALLIANCE OF FOREST OWNERS
	K G A T T O @ NA F O A L L IAN C E . O R G
	703-945-5875