Milestone advances General Fusion toward the final stages of becoming the first publicly traded pure-play fusion energy company

VANCOUVER, British Columbia, June 15, 2026 (GLOBE NEWSWIRE) -- General Fusion Inc. ("General Fusion" or the "Company"), a leader in the global race to commercialize fusion energy, today announced that its joint registration statement on Form F-4, as amended (the "Registration Statement"), filed in connection with its proposed business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a publicly traded special purpose acquisition company ("Spring Valley," or "SVAC"), was declared effective by the Securities and Exchange Commission on June 12, 2026.

Spring Valley has set a record date of June 12, 2026 (the "Record Date"), and meeting date of July 6, 2026, for its extraordinary general meeting of shareholders ("Extraordinary General Meeting"). Spring Valley shareholders of record at the close of business on the Record Date are entitled to receive notice of the Extraordinary General Meeting and to vote the ordinary shares of Spring Valley owned by them at the Extraordinary General Meeting. The Extraordinary General Meeting will be held in-person at the offices of Greenberg Traurig, LLP, located at One Vanderbilt Ave, New York, NY 10017. If the Spring Valley and General Fusion securityholders vote to approve the proposed business combination, the transaction is expected to close shortly thereafter, subject to the satisfaction of customary closing conditions.

General Fusion previously announced its proposed business combination with Spring Valley on January 22, 2026. At the closing of the transaction, Spring Valley will be renamed "General Fusion Group Ltd.," and once the transaction is completed, the combined company's shares and warrants are expected to trade on Nasdaq under the ticker symbols "GFUZ" and "GFUZW," respectively, subject to approval of its listing application.

General Fusion continues to advance its core technology while building momentum across governance, global industry engagement, and capital markets:

Real machines, real results: Over the past two decades, General Fusion has built and operated dozens of real-world testbeds, prototypes, and demonstrations, completing more than 200,000 plasma experiments. This work has culminated in Lawson Machine 26 ("LM26"), the Company's world-first, large-scale Magnetized Target Fusion ("MTF") demonstration machine, now operating at its Vancouver facility. General Fusion is one of four companies worldwide to have achieved and published meaningful fusion results on the path to the Lawson criterion, supported by more than 35 peer-reviewed publications and 210 issued and pending patents. Recent publications supporting General Fusion's MTF technology include papers on a key LM26 temperature diagnostic, as well as U.S. Department of Energy-funded research conducted by Savannah River National Laboratory that supports the Company's advantageous fuel-cycle design for MTF using its proprietary liquid metal wall.

Award-winning innovation: General Fusion was recently ranked first on TIME's prestigious list of the World's Top GreenTech Companies of 2026 for its leadership in fusion energy. The Company was also named one of Canada's Most Ambitious Companies by BetaKit.

Experienced leadership team: Building on General Fusion's seasoned leadership, the Company announced key appointments to strengthen its Board of Directors as it prepares to enter the U.S. public markets. Wendy Kei, Board Chair of Ontario Power Generation, will serve as Audit Committee Chair, and Thomas Boehlert, former CFO of US Strategic Metals, with more than three decades of experience across industrials, natural resources, agribusiness, power generation, and the energy transition, will serve as Chair of the Nominating and Governance Committee.

Global presence across fusion, energy, technology, and investor conferences: In the first half of 2026, General Fusion leadership presented at major industry events, including FusionX:Global, FusionX:Americas, the Fusion Industry Association Annual Policy Conference, The Economist's Fusion Fest, Web Summit Vancouver, and Canaccord Genuity's inaugural Nuclear Nexus conference. On April 29, the Company hosted an Analyst Day at Nasdaq MarketSite in New York, with more than 100 attendees participating in person and online, reflecting strong engagement from the investment community.

Quick Facts:

General Fusion's MTF is designed to solve significant barriers to commercializing fusion energy at a time when electricity demand is surging, and nations around the world are racing to commercialize fusion power.

As a technology, MTF aims to achieve fusion in a practical way, avoiding superconducting magnets and high-powered lasers, while enabling the use of existing materials for durable machines that would produce cost-effective energy.

In early 2025, General Fusion announced that it had designed, built, and begun operating its world-first LM26 fusion demonstration machine in under two years. LM26 is the first MTF demonstration machine to be built at a commercially relevant scale. It mechanically compresses plasma with a lithium liner at 50% commercial-scale diameter.

LM26 aims to achieve key fusion technical milestones: plasma heating to 1 keV (10 million degrees Celsius), then 10 keV (100 million degrees Celsius), and ultimately the Lawson criterion, the combination of fusion parameters that can produce net fusion energy in the plasma.

About General Fusion

General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Vancouver, Canada. The Company was established in 2002 and has been funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com. General Fusion announced its proposed business combination with Spring Valley in January 2026.

Investor Relations Contact:

You can contact General Fusion's Investor Relations team by email at: investors@generalfusion.com.

If you are based in North America, you may also leave a toll-free voicemail at +1 (833) 717-1519. Callers outside North America can reach us at +1 (236) 253-6968.

Media Relations Contact:

media@generalfusion.com

1-866-904-0995

Copyright 2026 GlobeNewswire, Inc.

LIDK?PING, Sweden, June 15, 2026 (GLOBE NEWSWIRE) -- ASKO is proud to be an official partner and refrigerator sponsor of the FIFA World Cup 2026, reflecting our global presence and commitment to excellence. This collaboration brings together two worlds driven by precision, performance and consistency - where every detail matters.

Rooted in Scandinavian design and a legacy of innovation, ASKO appliances are built to deliver long-lasting performance, reliability and uncompromising quality. The partnership highlights a shared mindset: the discipline, dedication and pursuit of perfection required to perform at the highest level.

ASKO's campaign celebrates the time, patience and dedication it takes to become a champion. It's a journey that often begins with childhood dreams of the future. Just as great athletes are shaped over years of practice and persistence, ASKO appliances are developed with the same long-term perspective. Built for longevity, reliability and enduring performance, they reflect a commitment to quality that stands the test of time - from early inspiration to lasting excellence.

ASKO is proud to be an official partner and refrigerator sponsor of the FIFA World Cup 2026.

From stadium performance to everyday living

On the global stage, performance is everything. The same principles that define elite sport are at the core of ASKO's approach to appliance design. Every ASKO refrigerator is engineered to preserve freshness, optimise storage and deliver consistent results ? day after day.

About ASKO

ASKO is rooted in Scandinavian design values of simplicity, durability, and functionality. Today, it creates premium kitchen and laundry appliances that unite precision engineering with timeless design?built to endure and thoughtfully enhance everyday living.

For more information, visit www.asko.com or contact press@asko.com. 

Copyright 2026 GlobeNewswire, Inc.

BONN, Germany, June 15, 2026 (GLOBE NEWSWIRE) -- Mavenir, the software company building Cloud-Native, AI-by-design mobile networks, today announced to be the first tier-1 telecommunications infrastructure software provider to receive the BSI NESAS certification for a 5G Packet Core network function. The certificate confirms that the Mavenir Network Repository Function (NRF) fulfils the security standard requirements for use as a critical component in public telecommunications networks in Germany.

Fabian Hodouschek, Head of Certification at the Federal Office for Information Security (BSI), presents the BSI NESAS certificate to Omar Shahdad

Fabian Hodouschek, Head of Certification, Federal Office for Information Security (BSI): "By issuing the first BSI NESAS cybersecurity certificate to the manufacturer Mavenir, we make an important contribution to securing Germany's mobile telecom networks. It is the first certificate for a critical 5G core network component used by operators of public 5G mobile networks in Germany. It confirms that Mavenir's Network Repository Function, including its development and lifecycle processes, meets the standards of the internationally recognized NESAS security framework. We congratulate Mavenir on this success and welcome the commitment of manufacturers to have their critical core network components certified according to BSI NESAS."

This initial milestone positions Mavenir at the forefront of regulatory readiness following Germany's mandatory BSI NESAS certification requirements that took effect on January 1, 2026, under the German Telecommunications Act (TKG) and the BSI Act (BSIG). Mavenir is progressing certification of its full Packet Core and IMS portfolio, with completion targeted by Q3 2026, enabling operators to deploy compliant, secure, and cloud-native network architectures at scale.

Omar Shahdad, Senior Vice President, Operations, Mavenir: "This certification validates Mavenir's commitment to delivering not only industry-leading 5G software, but software that meets the most rigorous national cybersecurity standards. As regulators across Europe raise the bar for network security, Mavenir is ready."

The certificate was awarded by the certification body of the Federal Office for Information Security (BSI) of Germany under the BSI NESAS certification scheme, a cybersecurity certification that builds upon the internationally recognized GSMA NESAS security assurance framework. BSI NESAS combines rigorous assessment of product development and lifecycle processes with hands-on security testing of the actual product, setting a high bar for critical network infrastructure.

The BSI NESAS certificate for Mavenir NRF CC 24.4.2 p4 is publicly available on the BSI website: https://www.bsi.bund.de/SharedDocs/Zertifikate_NESAS/NESAS-0007-2026.html?nn=1078814

For more information about the BSI NESAS certification scheme, visit: https://www.bsi.bund.de/dok/nesas-en

About Mavenir

Mavenir is enabling intelligent, automated, programmable networks through the development of telco-first, cloud-native, AI-by-design software solutions for mobile operators. The company's deep telco domain expertise has been proven through deployments with 300+ operators globally in over 120 countries, which together serve more than 50% of the world's subscribers. Mavenir combines its deep telco experience with the cloud and IT expertise and data science skillsets essential to solving real customer challenges. Its proven software solutions are AI by design, delivering the AI-native future and operators' evolution to TechCos. ​For more information, please visit www.mavenir.com

Mavenir PR Contact:

Emmanuela Spiteri

PR@mavenir.com

Copyright 2026 GlobeNewswire, Inc.

RUEIL-MALMAISON, France and TAIPEI, Taiwan, June 15, 2026 (GLOBE NEWSWIRE) -- Schneider Electric, a global energy technology leader, today announced a strategic collaboration with Hon Hai Technology Group (Foxconn), the world's largest electronics manufacturer, to help define and scale the next generation of AI data centers.

As AI adoption surges, the demands on digital infrastructure are being fundamentally reshaped. This collaboration brings together Foxconn's unmatched expertise in advanced compute platforms, AI rack integration, and global manufacturing with Schneider Electric's leadership in power systems, cooling, and energy management. Together, the companies aim to deliver integrated, ready-to-deploy solutions that enable customers to build and operate AI infrastructure with greater speed, efficiency, and predictability across regions. Production will begin later this year.

"At the pace AI is evolving, the industry requires a new model for how infrastructure is designed, built, and delivered," said Young Liu, Chairman of Foxconn. "By combining Foxconn's strength in AI systems and global manufacturing with Schneider Electric's deep expertise in power and energy, we are creating a path for customers to deploy AI capacity at scale?faster, smarter, and more sustainably."

"AI demand continues to accelerate, and as compute scales to keep pace, the energy behind it becomes a fundamental enabler," said Olivier Blum, CEO of Schneider Electric. "If we want to scale AI responsibly, these systems must be connected. This is where energy intelligence becomes essential. At Schneider Electric, we are advancing energy tech to build the most efficient and sustainable AI factories by bringing integrated power, cooling, and digital capabilities into AI data centers. Working with Foxconn, we are helping customers build capacity with real speed, resilience, and efficiency, as energy technology partners to an industry that is firmly entering the era of intelligence."

Through this collaboration, Foxconn and Schneider Electric will co-develop next-generation reference architectures for AI data centers. The partnership will also explore innovations in closed-loop energy optimization, modular power and cooling skids, and standardized design frameworks, creating repeatable, high-performance blueprints for AI factories worldwide. By aligning manufacturing excellence with energy intelligence, the two companies are setting the foundation for a new class of AI infrastructure that is scalable by design, efficient by default, and ready to meet the accelerating demands of the AI era.

Schneider Electric and Hon Hai Technology Group (Foxconn) announce strategic collaboration to accelerate next-generation AI data centers

Press contact: media.relations@se.com

About Foxconn

Hon Hai Technology Group (Foxconn) (TWSE:2317) is the world's largest electronics manufacturer and leading technology solutions provider, ranking 28th in Fortune Global 500. In 2025, revenue totaled TWD8.1 trillion (approx. USD260 billion). The Group's market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and other. Operating over 240 campuses across 24 countries, Foxconn is one of the world's largest employers with approx. 900,000 employees during peak manufacturing season. We are committed to sustainability in the manufacturing process and serving as a best-practice model for global enterprises. The Group is guided by its 3+3+3 strategy, actively investing in industries of electric vehicles, digital health, and robotics; in technologies of artificial intelligence, semiconductors and next-generation communications; in intelligent platforms of Smart Manufacturing, Smart EV and Smart City. Foxconn is dedicated to becoming a comprehensive, world-class enterprise, with AI as its core driving force. Learn more at www.foxconn.com/en-us

About Schneider Electric

Schneider Electric is a global energy technology leader, driving efficiency and sustainability by electrifying, automating, and digitalizing industries, businesses, and homes. Its technologies enable buildings, data centers, factories, infrastructure, and grids to operate as open, interconnected ecosystems, enhancing performance, resilience, and sustainability. The portfolio includes intelligent devices, software-defined architectures, AI-powered systems, digital services, and expert advisory.

With 160,000 employees and one million partners in over 100 countries, Schneider Electric is consistently ranked among the world's most sustainable companies.

www.se.com

Discover the newest perspectives on Advancing Energy Tech on Schneider Electric Insights.

Copyright 2026 GlobeNewswire, Inc.

Service provides medical assessment, ingredient information and delivery arrangements where appropriate

HONG KONG SAR - Media OutReach Newswire - 15 June 2026 - FastMed today announced the launch of online consultation support for hair loss concerns, providing a private and structured pathway for medical assessment of increased shedding, a receding hairline, thinning at the crown and reduced hair volume. The service covers online information submission, doctor assessment, review of possible hair loss causes, evidence-informed ingredient information and follow-up arrangements where appropriate.

Structured Online Assessment for Hair Loss Concerns

Hair loss has become an earlier concern among urban adults. Many cases are first managed through over-the-counter shampoos, hair growth serums, supplements or products promoted online. Hair loss, however, may be associated with a range of factors, including genetics, hormonal changes, stress, lack of sleep, nutritional status, scalp conditions, underlying illnesses and medication-related effects.

FastMed's online consultation workflow supports the submission of relevant health information before medical assessment. Information reviewed may include duration of shedding, location of hair thinning, family history of hair loss, recent health status, lifestyle factors and products previously used. The process is designed to support assessment of whether hair loss may be related to temporary shedding, scalp-related concerns, or genetic and hormonal factors.

Genetic and Hormonal Factors Included in Assessment

Male-pattern hair loss, also known as androgenetic alopecia, and female-pattern hair loss are commonly associated with genetic and hormonal factors. These conditions may appear before middle age. Early signs may include a gradually receding frontal hairline, thinning at the crown, finer hair strands or widening of the hair parting. Because these changes often develop gradually, early signs may be mistaken for stress, insufficient rest or unsuitable haircare products.

Dr. Leung Kin Hei, medical adviser to FastMed, said: "Hair loss can involve a range of underlying causes. General haircare products may help cleanse the scalp or improve hair appearance, but hair loss associated with genetic or hormonal factors requires a clearer understanding of hair loss type and possible causes. A structured assessment process can support more appropriate follow-up decisions."

Evidence-Informed Ingredient Information

FastMed's online consultation support may also provide medical information on commonly discussed ingredients for hair loss, based on assessment findings. For androgenetic alopecia, ingredients commonly referenced in medical literature and supported by regulatory approval include finasteride and topical minoxidil. Finasteride is the active ingredient in prescription medicines such as Propecia and Damocare, while topical minoxidil is commonly found in external hair growth products such as Regro and Regaine.

Suitability, method of use and potential risks vary across ingredients. Prescription medicines in particular should only be considered following medical assessment. FastMed's service is designed to support appropriate information provision and assessment-based follow-up, rather than product selection based solely on advertising, online reviews or brand claims.

Online Process Supports Privacy and Convenience

Hair loss is common, but concerns about appearance, confidence and privacy may delay medical support. FastMed's online process allows information to be submitted through a digital pathway before doctor assessment. Where appropriate following assessment, the platform may arrange relevant support, medication advice, delivery or follow-up.

Dr. Leung added: "Hair loss concerns may affect confidence, social interaction and emotional well-being. Medical support is not intended to create anxiety. A structured assessment process can help clarify possible causes, reduce reliance on unverified online information and support more informed follow-up decisions."

Hashtag: #FastMed  #Medical  #Health 

The issuer is solely responsible for the content of this announcement.

HONG KONG SAR - Media OutReach Newswire - 15 June 2026 - The Hong Kong Polytechnic University (PolyU) is committed to advancing knowledge transfer, encouraging students to embrace a spirit of innovation and entrepreneurship, address social challenges with professional knowledge and contribute to National development.

As the sole organising university of the inaugural Hong Kong Special Administrative Region (HKSAR) Contest of the 16th National E-commerce "Innovation, Creativity and Entrepreneurship" Competition for College Students (3Chuang Competition), PolyU hosted the HKSAR Contest cum Award Presentation Ceremony on 12 June. A total of 12 elite teams garnered 12 awards in the Contest, earning the opportunity to advance to the National Finals.

The inaugural HKSAR Contest of the 3Chuang Competition aims to encourage local tertiary students to break barriers across institutions, regions, cultures and disciplines. It brings together innovative ideas and unlocks entrepreneurial potential, further fostering the development of Hong Kong's innovation and technology ecosystem. Outstanding teams will have the chance to advance to the National Finals and expand their horizons.

In his speech, Prof. DONG Cheng, Associate Vice President (Knowledge Transfer) of PolyU, remarked, "PolyU is honoured to be the sole organiser of the inaugural HKSAR Contest of the 3Chuang Competition. We are committed to driving the translation of research outcomes into impact for societal benefits. The National competition provides a platform for young people to unlock their potential in innovation and entrepreneurship, bringing together remarkable talents, who can learn from each other with a creative mindset, serve society and contribute to National development." Prof. Dong added that PolyU had set up 15 translational research institutes and centres across the Chinese Mainland. He encouraged the winning teams to leverage PolyU's extensive innovation network, incubation support and market resources, thereby better integrating into the overall National development, tapping into Chinese Mainland markets, and converting innovation outcomes into tangible momentum for social advancement.

Prof. LI Qi, Chairman of the Competition Organizing Committee (COC) of the 3Chuang Competition from Xi'an Jiaotong University, has vigorously supported PolyU in hosting the HKSAR Contest and fully recognised its efforts. He remarked in his speech, "A total of 34 provinces, municipalities, autonomous regions and Special Administrative Regions across the Nation have taken part in this year's Competition, which also marks the HKSAR's debut participation. We especially appreciate the tremendous support and assistance from PolyU's senior management, faculty and students. They have contributed to the HKSAR and brought glory to the Nation, laying a fertile ground for nurturing '3Chuang' talents while connecting domestic and overseas stakeholders for the development of '3Chuang'. We warmly welcome outstanding teams from Hong Kong to the National Finals, to achieve even greater results."

The National 3Chuang Competition landed in Hong Kong last year. Since its kick-off, it has attracted numerous cross-region, cross-institution and cross-discipline teams to participate in the university-level round of competition. Team members come from 32 higher education institutions across Hong Kong, Macao, the Chinese Mainland and overseas. In addition to major universities in Hong Kong, prestigious names such as Guangdong University of Technology, Sun Yat-sen University, Shenzhen University, the City University of Macau and the University of Toronto in Canada also feature. Eventually, 29 outstanding teams from the Regular, International and Practical Tracks entered the HKSAR Contest, where they competed before a jury comprising experts from academia, industry and investment sectors for accolades including the First Prize, Second Prize and Best Entrepreneurship Award. The COC of the 3Chuang Competition will announce the list of teams who qualified for the National Finals after all provincial-level contests conclude later this month.

The winners of the HKSAR Contest of the 16th 3Chuang Competitionare as follows (the order of the teams winning the same award is arranged according to their names in Chinese):

MIAMI, June 15, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced the launch of the Defiance Daily Target 2X Long SpaceX ETF (Cboe: SPCU). SPCU begins trading today at 4am ET and seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of SpaceX Class A common stock (NASDAQ: SPCX).

SpaceX priced its initial public offering at $135 per share and began trading on the Nasdaq on Friday, June 12, under the ticker SPCX. At that price, the company was valued at approximately $1.77 trillion, which according to reports ranks as the largest U.S. IPO in history by debut market value.

SPCU is purpose-built for active traders seeking magnified, short-term exposure to SpaceX. The Fund obtains its exposure primarily through swap agreements and/or listed options contracts rather than by holding SpaceX shares directly, allowing traders to express a high-conviction, tactical view on SpaceX in a single exchange-listed ticker, without a margin account and without managing options positions.

SPCU joins the Defiance Daily 2X Space ETF (Cboe: SPCL), which established 2X daily leveraged exposure to SpaceX on SpaceX's IPO date. On that date, SPCL's leveraged exposure was tied exclusively to SpaceX, although the Fund will hold other investments in accordance with its investment strategy and prospectus disclosures. SPCU further expands Defiance's lineup of leveraged products linked to SpaceX.

For full fund details, the prospectus, holdings, and performance current to the most recent month-end, visit defianceetfs.com/spcu or call 833.333.9383.

The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the performance of Space Exploration Technologies Corp. (the "Underlying Security") and is designed strictly for short-term use. For periods longer than a single day, the Fund's performance will be the result of compounded daily returns, which is very likely to differ from 200% of the return of SpaceX over the same period. It is possible that investors could lose their entire principal within a single trading day.

An investment in the Fund is not a direct investment in SpaceX.

About Defiance ETFs

Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.

Media Contact: Sylvia Jablonski | info@defianceetfs.com | 833.333.9383

IMPORTANT DISCLOSURES

Defiance ETFs LLC is the ETF sponsor. The Fund's investment adviser is Tidal Investments, LLC ("Tidal" or the "Adviser").

The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and/or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383.

Investing involves risk. Principal loss is possible. As an ETF, the Fund may trade at a premium or discount to its net asset value ("NAV"). Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions and bid-ask spreads will reduce returns. A portfolio concentrated in a single theme or industry may be subject to a higher degree of risk. There is no guarantee the Fund's strategy will be successful, and an investor may lose some or all of their investment.

Leveraged Investment Risk. The Fund seeks daily investment results that correspond to two times (2X) the performance of its underlying portfolio. The use of leverage magnifies both gains and losses. As a result, the Fund may experience significant losses over short periods of time, including the potential loss of the entire investment within a single trading day. If the Target Portfolio's market value decreases by more than 50% on a given trading day, the Fund's investors could lose all of their money. The Fund may also be subject to the following risks:

Daily Reset and Compounding Risk. The Fund is designed to achieve its stated investment objective on a daily basis. Due to the effects of compounding, the Fund's returns over periods longer than one trading day will likely differ, and may differ significantly, from 200% of the performance of its underlying portfolio for the same period. This effect is more pronounced in volatile markets.

Short-Term Trading Risk. The Fund is intended for short-term trading and is not designed for long-term investment. Investors who hold shares for periods longer than a single trading day may experience returns that are substantially different from the Fund's stated objective. The Fund requires active monitoring and management.

Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective, and the Fund's performance for periods greater than a trading day will be the result of each day's returns compounded over the period, which is very likely to differ from two times (200%) the Target Portfolio's performance, before fees and expenses. The Fund will lose money if the Target Portfolio's performance is flat over time, and it is possible that the Fund will lose money even if the Target Portfolio's market value increases over a period longer than a single day. Due to daily rebalancing and the effects of compounding, the volatility of the Target Portfolio may affect the Fund's return as much as, or more than, the Target Portfolio's actual return. The impact of compounding will affect each shareholder differently depending on the period of time an investment in the Fund is held and the volatility of the Target Portfolio during that holding period.

Derivatives Risk. The Fund utilizes derivatives, including swap agreements and options contracts, to achieve its investment objective. Derivatives involve risks different from, and potentially greater than, those associated with direct investments in securities. These risks include increased volatility, imperfect correlation, liquidity constraints, valuation complexity, and the potential for losses exceeding the amount initially invested.

Counterparty Risk. The Fund is subject to counterparty risk through its use of derivatives. If a counterparty to a swap or other derivative instrument fails to meet its contractual obligations, the Fund may experience losses, delays in recovery, or reduced exposure.

Space Investing Risks. The Fund concentrates its exposure in companies involved in the space economy, including satellite communications, launch services, and space-enabled technologies. Companies involved in the design, manufacture, or launch of spacecraft, launch vehicles, or related systems face significant risks associated with launch failures, deployment malfunctions, mission delays, and cost overruns; space launches are inherently complex and costly, and failures may result in total loss of spacecraft or payloads, substantial financial losses, reputational harm, and increased regulatory scrutiny. Space-related businesses often rely on advanced, emerging, or unproven technologies and may be adversely affected by rapid technological change, engineering challenges, or competitors' development of superior or lower-cost technologies. The space industry is subject to extensive domestic and international regulation, including licensing requirements, export controls, national security restrictions, environmental regulation, and orbital debris mitigation standards; changes in laws or regulatory interpretations may increase compliance costs, delay operations, or limit deployment of space-based systems. Many space-focused companies depend on governmental or quasi-governmental customers and contracts, and reductions in government budgets, policy changes, or contract terminations could materially affect revenues. Space-based operations are exposed to risks from orbital debris, collisions, congestion in Earth's orbits, and space weather, any of which may damage satellites or spacecraft and result in service disruptions or complete mission failure. Many space-focused companies may have limited operating histories, depend on a narrow set of products or services, or rely on a small number of customers or missions. The Fund may have exposure to foreign issuers, including through ADRs, which can involve political instability, geopolitical tensions, trade restrictions, sanctions, and currency fluctuations that may disrupt supply chains or impair cross-border collaboration. When the Adviser determines there are insufficient Space Companies to meet the Fund's investment criteria, the Fund may obtain exposure to secondary space technology companies that support or enable space-related activities, which may be less directly exposed to the growth of the space economy and may be more sensitive to broader industry or market risks. The space industry is emerging and may experience higher volatility and uncertainty than more established industries.

Industry Concentration Risk. Because the Fund focuses on a specific theme and industry group, it may be more susceptible to adverse developments affecting that sector than a broadly diversified fund. The Fund will concentrate (i.e., invest 25% or more of its total assets) its investment exposure to companies in the space industry and in industries that develop, deploy, or operate space-related technologies and services.

IPO, SPAC, and De-SPAC Risk. The Fund may invest, including indirectly via derivative instruments, in securities of companies that have recently completed initial public offerings ("IPOs"), special purpose acquisition companies ("SPACs"), or companies that have become publicly traded through business combinations involving SPACs ("de-SPAC transactions"). These securities may be less seasoned, lack a meaningful trading history, have limited public information and research coverage, and involve risks similar to those of venture capital or other private equity investments. Their prices may be volatile, subject to speculative trading, and susceptible to rapid and substantial declines in value. SPACs are shell or blank check companies that raise capital in an IPO for the purpose of completing a business combination with a private operating company; there is no guarantee that a SPAC will complete a business combination or that any completed transaction will be successful. Conflicts of interest may arise among a SPAC's sponsors, affiliates, officers, directors, or promoters and unaffiliated security holders.

Swap Agreements. The use of swap transactions is a highly specialized activity, which involves investment techniques and risks different from those associated with ordinary portfolio securities transactions. Whether the Fund will be successful in using swap agreements to achieve its investment goal depends on the ability of the Adviser to structure such swap agreements in accordance with the Fund's investment objective and to identify counterparties for those swap agreements.

Non-Diversification Risk. The Fund is classified as non-diversified, which means it may invest a larger percentage of its assets in a smaller number of issuers. As a result, the Fund's performance may be more volatile and more sensitive to the performance of individual holdings.

Equity Securities Risk. Investments in equity securities are subject to market risk, including the potential for significant price fluctuations due to company-specific events, broader market conditions, economic developments, and changes in investor sentiment.

Foreign and ADR Risk. To the extent the Fund has exposure to foreign issuers or American Depositary Receipts (ADRs), it may be subject to additional risks, including currency fluctuations, political and economic instability, differing regulatory standards, and reduced liquidity.

Small- and Mid-Capitalization Risk. The Fund may invest in small- and mid-cap companies, which may be more volatile, less liquid, and more sensitive to economic changes than larger companies.

Liquidity Risk. In certain market conditions, the Fund's investments or derivative instruments may become less liquid, making it difficult to adjust exposure or achieve the desired investment objective. Reduced liquidity may also lead to wider bid-ask spreads for Fund shares.

Rebalancing Risk. The Fund seeks to rebalance its exposure daily to maintain its target leverage. If the Fund is unable to rebalance effectively due to market disruptions, liquidity constraints, or operational issues, its exposure may deviate from its intended objective.

Tracking and Correlation Risk. There is no guarantee that the Fund will achieve a high degree of correlation to 200% of the daily performance of its underlying portfolio. Market volatility, fees, transaction costs, and derivative pricing may cause performance to deviate from expectations.

High Portfolio Turnover Risk. The Fund's strategy involves frequent trading and daily rebalancing, which may result in high portfolio turnover, increased transaction costs, and potentially higher taxable distributions.

Tax Risk. The Fund intends to qualify for favorable tax treatment as a regulated investment company (RIC), but there is no guarantee it will do so. Distributions may be taxable as ordinary income, capital gains, or a combination of both.

New Fund Risk. The Fund is recently organized and has limited operating history. As a result, there is limited performance history for investors to evaluate.

Market and Economic Risk. The value of the Fund's investments may decline due to general market conditions, economic trends, geopolitical events, interest rate changes, inflation, or other external factors beyond the control of the Fund.

Brokerage commissions may be charged on trades.

Distributed by Foreside Fund Services, LLC.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/623c9438-6e10-4373-bc05-a6ae8c312daf

Copyright 2026 GlobeNewswire, Inc.

This recognition establishes a new global benchmark for disaster preparedness and humanitarian logistics, creating a scalable model for vulnerable coastal regions worldwide.

BATANGAS CITY, PHILIPPINES - Media OutReach Newswire - 15 June 2026 - Global trade enabler DP World today announced that its Batangas Integrated Port (BIP) is now the world's first READY Port, establishing a new benchmark for disaster preparedness and humanitarian logistics.

READY Port (Resilience, Emergency Action, and Disaster-ready) is a global capacity-strengthening programme advocated by the UN Logistics Cluster, established to strengthen disaster readiness of ports to enable humanitarian resiliency of countries during emergencies.

As climate-related disasters and supply chain disruptions increase globally, the READY Port framework offers a scalable model for enhancing the resilience of critical logistics infrastructure. The Philippines was selected as the pilot location for the initiative due to its exposure to climate-related risks and natural disasters. Bringing together key public and private sector stakeholders, as well as local and international humanitarian organisations, READY Port establishes a coordinated and resilient emergency response ecosystem anchored on seaports and logistics hubs.

The designation follows the completion of a three-day, multi-stakeholder READY Port workshop in partnership with the World Food Programme (WFP) Philippines at Batangas Port, where government agencies, humanitarian organisations and private-sector partners assessed emergency response capabilities, reviewed operational protocols and participated in scenario-based exercises to strengthen crisis preparedness.

BIP is operated by DP World's local partner, Asian Terminals Inc. (ATI) and serves as a critical gateway for the Philippines, offering comprehensive capabilities for international and domestic cargoes, rolling cargoes, passenger movements, and direct connectivity to nearby islands and key destinations across the Visayas and Mindanao.

Insights from the workshop have been consolidated into a Port Readiness Action Plan to help strengthen strategic frameworks for future implementation of capacity-building initiatives across ports in the Philippines and around the world.

Glen Hilton, CEO & Managing Director, Asia Pacific, DP World, said: "We are honoured that the Batangas Integrated Port is now the world's first READY port. This collaboration with WFP and our partners reflects our shared commitment to building resilient port infrastructure that serves not only as gateways for trade, but also as vital lifelines for communities during times of crisis. By leveraging DP World's integrated ports and logistics capabilities through ATI, our local partner in the Philippines, and across our global network, we are strengthening preparedness and ensuring that humanitarian assistance can move swiftly and efficiently in support of disaster response, national recovery efforts, and community resilience."

Manuel Cabochan III, Department of Transportation Assistant Secretary for Special Concerns, said: "Disaster preparedness is not only the responsibility of one government agency alone. It requires a whole-of-government and whole-of-society approach where national agencies, port operators, logistics providers, humanitarian organizations, local government units, and development partners work together towards a common goal. This underscores the importance of READY Port as we come together to prepare through planning, capacity building, and information sharing, and ultimately develop strong mechanisms to ensure continuity of ports and logistics operations during emergencies. We commend the World Food Programme, DP World, and the Logistics Cluster for pioneering this initiative."

Joao Dos Santos Merencio, World Food Programme Head of Supply Chain in the Philippines, said: "WFP is committed to supporting this initiative by fostering coordination, sharing humanitarian experience, and working closely with all stakeholders to align port readiness efforts with national disaster preparedness frameworks. The READY Port initiative brings together port authorities, national government agencies, the private sector, and the humanitarian community as one cohesive support unit. This framework helps ensure that ports continue to operate effectively under crisis conditions while prioritizing humanitarian cargoes when it matters most."

About DP World

DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 125,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimizing disruptions from the factory floor to the customer's door.

In Asia Pacific, DP World employs over 11,000 people across 22 geographies. We operate 17 ports and terminals, complemented by a comprehensive suite of end-to-end supply chain solutions - to connect the region to the rest of the world.

WE MAKE TRADE FLOW

The issuer is solely responsible for the content of this announcement.

Hashtags: #DPWORLD

Supported by the diamond industry's largest marketing budget in 15 years, Desert diamonds Icons will launch ahead of the end of year holiday season and build on the Desert diamonds campaign's success in driving natural diamond desire

LAS VEGAS, US - Media OutReach Newswire - 15 June 2026 - At the annual JCK Las Vegas Show - the largest jewellery event in the global calendar ? De Beers Group today set out its view on the way forward for the natural diamond sector, calling on the trade to work together to capitalise on the early success of the Desert diamonds 'beacon' campaign with the introduction of Desert diamonds Icons.

The Desert diamonds beacon campaign launched in late 2025 and has already succeeded in shaping consumer demand for both natural diamonds in general and coloured diamonds in particular, with natural diamond sales at US independents increasing 4% in Q4 2025 and 9% in Q1 2026, while those in the K to Z colour range have seen even stronger growth, up 15% in Q4 2025 and 19% in Q1 2026.

Following the launch of Desert diamonds Bridal earlier this year, Desert diamonds Icons will focus on bringing a sense of newness and individuality to four iconic jewellery design classics - stud earrings, the eternity band, the tennis bracelet and the halo pendant - which between them comprise 70% of diamond jewellery acquisitions. Launching in September, the campaign will include training and marketing support for all retailers.

During a keynote presentation, De Beers Group executives stated that while demand has performed well for larger natural diamonds and this has supported stable retail sales value for natural diamond jewellery, it is critical for industry participants to work together on the campaign to drive demand across the natural diamond category as a whole.

With the campaign benefitting from the diamond industry's biggest natural diamond marketing budget in 15 years, Desert diamonds is expected to deliver enhanced retail impact in 2026, based on a range of positive data points from its initial run. Growth in natural diamond desirability, online searches for natural diamonds, and increased coloured natural diamond sales across independent jewellers all highlight that the momentum behind the campaign is building. Noting that the 2026 campaign run will also benefit from a geo-targeting approach that directs consumers to specific retailers carrying Desert diamonds, De Beers executives encouraged the entire trade to support the fast-growing trend by stocking Desert diamonds Icons products and by signing up to Promoboxx to access marketing materials and participate in geo-targeting.

The presentation also included a summary of key consumer and industry insights published today in The Diamond Report, highlighting how commercial dynamics are evolving at pace for US jewellery retailers as the synthetic lab-grown diamond sector matures while consumer interest in natural diamonds grows.

Speaking at the presentation, Al Cook, CEO of De Beers Group, said: "Consumer desire for natural diamonds is strong - but we need to work together as an industry in support of Desert diamonds to unlock the full value of the opportunity. The results from the campaign's initial run demonstrate how it is already stimulating demand, and with Desert diamonds Icons we are doubling down at a critical moment.

"The jewellery retail landscape is evolving at pace. With the sustained falls in price of synthetic lab-grown diamonds, and large falls in demand for larger synthetic lab-grown diamonds, there may be challenges ahead for retailers who focus on synthetic lab-grown diamonds."

"However, with challenge comes opportunity, and the growing success of the Desert diamonds campaign is evident. As we head into the campaign's second year, with the industry supported by the largest category marketing budget in 15 years, the natural way forward is clear to see."

De Beers Group also reported in its presentation how collaboration continues deliver progress in other areas, with GIA's purchase of an equity share in Tracr supporting the platform's path to independence and providing the potential for it to scale faster across the sector. Meanwhile, the Natural Diamond Council has put in place a compelling new strategy on the back of its growing budget, as more diamond producing countries and trade bodies have provided funding, and will introduce a new natural diamond trust mark to support consumer confidence through visible differentiation between natural diamonds and synthetic lab-grown diamonds.

Notes to editors

Desert diamonds marketing materials are available to download here

The Diamond Report is available to download here

About De Beers Group

Established in 1888, De Beers Group is the world's leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world's largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group's strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers London and Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services and a wide range of diamond sorting, detection and classification technology services. De Beers Group is committed to 'Building Forever,' a holistic and integrated approach to sustainability that underpins our efforts to create meaningful impact for the people and places where our diamonds are discovered. Building Forever focuses on three key areas where, through collaborations and partnerships around the globe, we have an enhanced ability to drive positive impact; Livelihoods, Climate and Nature. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com.

The issuer is solely responsible for the content of this announcement.

Hashtags: #NaturalDiamonds #Diamonds #Dessertdiamonds #DeBeersGroup #JCK

ZW191 demonstrates compelling anti-tumor activity in platinum-resistant ovarian cancer patients regardless of FRα expression level

Confirmed objective response rate (cORR) of 78.6% in FRα-positive (≥75% at PS2+) platinum-resistant ovarian cancer patients and 47.4% in FRα-negative patients (<75% at PS2+) across all dose levels studied

Median duration of response was not reached at the time of data cutoff, and median progression-free survival was 7.6 months across ovarian and endometrial cancer cohorts

Patient recruitment in dose optimization cohorts completed, with favorable tolerability profile and broad therapeutic window supporting continued clinical development

VANCOUVER, British Columbia, June 14, 2026 (GLOBE NEWSWIRE) -- Zymeworks Inc. (Nasdaq: ZYME), a biotechnology company managing a portfolio of licensed healthcare assets while developing a diverse pipeline of novel, multifunctional biotherapeutics, today presented new clinical data from the dose-escalation portion of its ongoing Phase 1 study evaluating ZW191, a folate receptor alpha (FRα)-targeting antibody-drug conjugate (ADC), at the European Society for Medical Oncology (ESMO) Gynaecological Cancers Congress 2026.

The presentation highlights compelling anti-tumor activity in patients with platinum-resistant ovarian cancer (PROC) and in patients with endometrial cancer, including patients with both positive and negative FRα expression. The results further support the potential of ZW191 to address limitations of currently available and investigational FRα-targeted therapies and broaden treatment opportunities for patients with gynecologic cancers.

"We are highly encouraged by these data, which continue to demonstrate the differentiated profile of ZW191 and its potential to deliver meaningful clinical benefit across a broad population of patients with ovarian and endometrial cancers," said Sabeen Mekan, M.D., Senior Vice President and Chief Medical Officer of Zymeworks. "The response rate observed in FRα-positive ovarian cancer patients compares favorably with currently available therapies, while maintaining meaningful activity in patients with negative FRα expression. Together these encouraging data on durability, progression-free survival, and manageable safety profile further strengthen our confidence in the program and reinforce the ability of our ADC platform to generate differentiated therapeutics."

The analysis included efficacy data by FRα expression level from Part 1 of the ongoing Phase 1 study as of the March 9, 2026, data cutoff. FRα expression was assessed by immunohistochemistry and categorized using the Proportion and Staining Intensity, defined as the percentage of cells with 2+/3+ staining. Tumors were categorized as FRα-negative (<75%) or FRα-positive (≥75%).

Key Findings

Among response-evaluable PROC patients, ZW191 demonstrated a cORR of 78.6% in patients with FRα-positive tumors and 47.4% in patients with FRα-negative tumors across all dose levels. Disease control rates were 100.0% and 89.5%, respectively. Confirmed ORR in the overall PROC population was 58.8% across all dose levels studied and 65.2% in dose range of 6.4-9.6 mg/kg. These findings demonstrate meaningful anti-tumor activity across both FRα-positive and FRα-negative tumors as well as in the overall population.

In endometrial cancer patients with FRα-negative tumors, ZW191 demonstrated a cORR of 40.0% and a disease control rate of 80.0% across all doses evaluated.

Across both ovarian and endometrial cancer cohorts, responses were observed early and continued to deepen over time. Median duration of response was not reached at the time of data cutoff, and median progression-free survival was 7.6 months.

ZW191 continued to demonstrate a favorable tolerability profile. Treatment-emergent adverse events (TEAEs) occurred in 98% of patients, with grade ≥3 TEAEs reported in 55% of patients. The most common grade ≥3 adverse events were neutropenia (24%), anemia (20%), and thrombocytopenia (12%). Serious TEAEs occurred in 35% of patients, and 20% of patients discontinued treatment due to adverse events. Overall, the safety profile was manageable and consistent with continued clinical development.

"These results further demonstrate the potential of ZW191 to provide meaningful clinical benefit for patients with difficult-to-treat gynecologic cancers," said Kosei Hasegawa, M.D., Ph.D., Saitama Medical University International Medical Center and presenting author. "The robust activity observed in FRα-positive ovarian cancer, together with encouraging responses in tumors with lower FRα expression, suggests ZW191 could expand the benefit of FRα-targeted therapy to a broader patient population."

Part 2a, the dose optimization portion of the Phase 1 study evaluating ZW191 in ~60 PROC patients randomized to either 6.4 mg/kg every three weeks or 9.6 mg/kg every three weeks, has completed enrollment. Data from Part 2a will be presented at a future medical meeting and are expected to inform dose selection for potential future development.

ZW191's differentiated profile, including its novel FRα-targeting antibody, ZD06519 payload, and high drug-to-antibody ratio, supports its potential to address key limitations of current therapies and broaden the applicability of FRα-targeted treatment approaches across multiple tumor types.

About ZW191

ZW191 is an antibody-drug conjugate engineered to target a protein called folate receptor-⍺ found in ~75% of high-grade serous ovarian carcinomas1, over 50% of endometrial cancers2,3 and ~70% of lung adenocarcinomas4. ZW191's differentiated design strongly supports its ability to internalize into FR⍺-expressing cells with the potential to release bystander active topoisomerase-1 inhibitor (ZD06519), a novel proprietary payload developed by Zymeworks to kill tumor cells.

About Zymeworks Inc. 

Zymeworks is a global biotechnology company managing a portfolio of licensed healthcare assets and developing a diverse pipeline of novel, multifunctional biotherapeutics to improve the standard of care for difficult-to-treat diseases, including cancer, inflammation, and autoimmune disease. Zymeworks' asset and royalty aggregation strategy focuses on optimizing positive future cash flows from an emerging portfolio of licensed products such as Ziihera (zanidatamab-hrii) and other licensed products and product candidates, such as pasritamig. In addition, Zymeworks is also building a portfolio of healthcare assets that can generate strong cash flows, while supporting the development of innovative medicines. Zymeworks engineered and developed Ziihera, a HER2-targeted bispecific antibody using Zymeworks' proprietary Azymetric technology and has entered into separate agreements with BeOne Medicines Ltd. (formerly BeiGene, Ltd.) and Jazz Pharmaceuticals Ireland Limited granting each exclusive rights to develop and commercialize zanidatamab in different territories. Zymeworks is rapidly advancing a robust pipeline of product candidates, leveraging its expertise in both antibody drug conjugates and multispecific antibody therapeutics targeting novel pathways in areas of significant unmet medical need. Zymeworks' complementary therapeutic platforms and fully integrated drug development engine provide the flexibility and compatibility to precisely engineer and develop highly differentiated antibody-based therapeutics. These capabilities have been further leveraged through strategic partnerships with global biopharmaceutical companies. For information about Zymeworks, visit www.zymeworks.com and follow @ZymeworksInc on X.

Contacts:

Investor Inquiries:

Shrinal Inamdar

Vice President, Investor Relations

(604) 678-1388

ir@zymeworks.com   

Media Inquiries:

Diana Papove

Vice President, Corporate Communications

(604) 678-1388

media@zymeworks.com

---

1 K?bel, M., Madore, J., Ramus, S. et al., Br J Cancer 111, 2297?2307 (2014).

2 May B, Conway N, Truong T, Linhart S, et al. FRα, B7-H4, & HER2 Expression in Endometrial Cancer: Assessing the Promise of Antibody Drug Conjugate Therapies. Presented at: SGO 2025 Winter Meeting; January 30 - February 1, 2025; Whistler, British Columbia, Canada.

3 Senol S, Ceyran AB, Aydin A, Zemheri E, Ozkanli S, K?semetin D, Sehitoglu I, Akalin I. Folate receptor α expression and significance in endometrioid endometrium carcinoma and endometrial hyperplasia. Int J Clin Exp Pathol. 2015 May 1;8(5):5633-41.

4 O'Shannessy DJ, et al., Oncotarget. 2012 Apr; 3(4):414-25.

Copyright 2026 GlobeNewswire, Inc.

Para ahli energi terkemuka berkumpul di Istanbul untuk membahas secara lebih mendalam bagaimana sains, pencegahan, dan kebijakan dapat mengurangi dampak penyakit alergi di tingkat global

ZURICH, June 13, 2026 (GLOBE NEWSWIRE) -- Penyakit alergi terus memengaruhi ratusan juta orang di seluruh dunia dan memberikan tekanan yang semakin besar pada sistem layanan kesehatan. Oleh karena itu, European Academy of Allergy and Clinical Immunology (EAACI) menyerukan ambisi baru dalam kesehatan global: Vision Zero, sebuah masa depan yang bebas dari beban alergi dan asma.

Visi ini akan menjadi tema utama Kongres Tahunan EAACI 2026 yang akan diselenggarakan di Istanbul, T?rki, pada tanggal 12 hingga 15 Juni 2026. Ribuan klinisi, peneliti, dan tenaga kesehatan profesional akan berkumpul di ajang ini untuk membahas kemajuan ilmiah terbaru serta masa depan penanganan alergi dan asma.

EAACI mengakui bahwa penyakit alergi dan pernapasan merupakan tantangan kesehatan masyarakat yang tak terhindarkan dan terus meningkat. Namun, EAACI tetap meyakini bahwa inovasi ilmiah, strategi pencegahan, serta kebijakan yang terkoordinasi dapat secara signifikan mengurangi dampaknya terhadap individu, keluarga, dan masyarakat.

"Vision Zero mencerminkan tekad kami untuk tidak hanya berfokus pada penanganan penyakit, tetapi juga pada pencegahan penyakit dan pengurangan beban penyakit," kata Mar?a Torres, Presiden EAACI. "Kemajuan ilmiah yang kita saksikan saat ini memberi kita alasan untuk bersikap lebih ambisius. Melalui kolaborasi antara penelitian, praktik klinis, dan kesehatan masyarakat, kita dapat berupaya mewujudkan masa depan tanpa alergi dan asma yang membatasi kehidupan jutaan orang."

Kongres ini akan menampilkan penelitian yang sedang berkembang serta perkembangan klinis di bidang imunoterapi, faktor lingkungan dan genetik, teknologi kesehatan digital, kedokteran presisi, serta pendekatan pencegahan. Diskusi juga akan membahas kesetaraan kesehatan serta perlunya memastikan bahwa kemajuan dalam penanganan alergi dan asma dapat diakses oleh pasien di seluruh dunia.

Penyakit alergi termasuk salah satu kondisi kronis yang paling umum di seluruh dunia, dengan prevalensinya yang terus meningkat di banyak wilayah. Beban penyakit ini tidak hanya berdampak pada sektor kesehatan, tetapi juga memengaruhi pendidikan, produktivitas, kualitas hidup, dan kesejahteraan mental. Dalam konteks ini, inisiatif Vision Zero dari EAACI bertujuan mendorong pemikiran jangka panjang tentang berbagai hal yang dapat dicapai ketika penemuan ilmiah diikuti oleh implementasi yang efektif serta kebijakan yang mendukung.

"Konsep Vision Zero menantang kita untuk berpikir secara berbeda," kata Andr? Moreira, Wakil Presiden Kongres EAACI. "Konsep ini mendorong komunitas alergi untuk tidak hanya berfokus pada pengobatan penyakit, tetapi juga pada pencegahannya, mengurangi dampaknya, serta menciptakan lingkungan yang lebih sehat bagi generasi mendatang."

Berlokasi di persimpangan Eropa dan Asia, Istanbul menjadi tempat yang tepat untuk kolaborasi internasional serta pertukaran pengetahuan. Kongres ini diharapkan akan mempertemukan para ahli dari seluruh dunia untuk mempercepat kemajuan menuju masa depan dengan beban alergi dan asma yang berkurang secara signifikan.

Tentang EAACI

European Academy of Allergy and Clinical Immunology (EAACI) merupakan organisasi profesional terkemuka yang didedikasikan untuk keunggulan di bidang alergi dan imunologi. EAACI berupaya meningkatkan kesehatan penderita penyakit alergi melalui penelitian, edukasi, advokasi, serta promosi perawatan pasien yang berkualitas tinggi.

Kontak media: communications@eaaci.org

Copyright 2026 GlobeNewswire, Inc.

LONDON/HOUSTON/SINGAPORE, June 12, 2026 (GLOBE NEWSWIRE) -- Cushing crude storage levels have plummeted in recent months. Inventories fell 11.3 million barrels (mmbbls) to less than 25 mmbbls between early April and early June, according to Wood Mackenzie.

The firm's monitoring spans fixed-roof tanks, caverns, and floating-roof tanks, producing more complete and reliable datasets than satellite-sourced alternatives. While satellite data can estimate volumes in floating-roof tanks, it cannot measure levels in fixed-roof tanks or underground storage caverns. This comprehensive coverage gives Wood Mackenzie unique visibility into US and global crude storage dynamics.

"Rapid Cushing storage draws have been spurred by global supply disruptions surrounding the Middle East conflict. Although domestic supply remains unaffected in the US and Canada, global shortages have supported surges in US crude exports and refinery runs. Shifting balances have contributed to steep US commercial storage draws, despite substantial Strategic Petroleum Reserve (SPR) releases into US Gulf Coast markets," said Dylan White, Director North American Crude Markets at Wood Mackenzie.

Cushing storage capacity utilisation fell below 29% in early June. This compares to the all-time low of 26.7%, which has proven a reliable proxy for Cushing's operational floor. Wood Mackenzie assesses that recent Cushing inventories were less than two mmbbls above minimum levels. If draws persist, Cushing could reach the floor within one to two weeks.

"We are at a critical juncture. The pace of Cushing draws has left the buffer exceptionally thin. The market is responding. But greater flows into Cushing shifts volumes away from other key hubs where inventories are also low," said White.

The market has already reacted as Cushing nears tank bottoms. Permian pipeline flows to Cushing - and away from the US Gulf Coast - have spiked to maintain minimum physical inventories. West Texas Intermediate (WTI) price spreads between Cushing and the coast have tightened considerably. Petroleum Administration for Defense District 3 (PADD 3) crude inventories have also been drawing since early May.

Wood Mackenzie expects storage inventory draws to accelerate at key hubs across the US now that Cushing is nearly empty. Continued stock draws could drive critical inventory levels at key hubs within one to two months. This would eventually limit the US export response that has so far helped supplant global supply losses.

US commercial inventories are a particularly visible measure of fundamental balances. Cushing's role as the physical delivery hub for the US crude benchmark makes broader US crude storage an essential, price-informing component of the evolving global story.

"Global inventories will serve as a powerful price indicator in the months ahead. Stock draws - including SPR, commercial, and floating inventories - have played an important role in softening the blow of lost Middle East supply. The inventory cushion is not infinite. If supply disruptions persist, oil prices are expected to reflect a significantly tighter physical market as stocks are depleted," concluded White.

ENDS

For further information please contact Wood Mackenzie's media relations team:

Mark Thomton

+1 630 881 6885

mark.thomton@woodmac.com

Hla Myat Mon

+65 8533 8860  

hla.myatmon@woodmac.com 

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+44 7408 841129

chris.boba@woodmac.com 

Ang?lica Ju?rez

+5256 4171 1980

angelica.juarez@woodmac.com 

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About Wood Mackenzie:

Wood Mackenzie is the global leader in analytics, insights and proprietary data across the entire energy and natural resources landscape. For over 50 years our work has guided the decisions of the world's most influential energy producers, utilities companies, financial institutions and governments. Now, with the world's energy system more complex and interconnected than ever before, sector-specific views are no longer enough. That's why we've redefined what's possible with Intelligence Connected: the fusion of our unparalleled proprietary data with the sharpest analytical minds, all supercharged by Synoptic AI, to deliver a clear, interconnected view of the entire value chain. Our trusted team of 2,700 experts across 30 countries breaks siloes and connects industries, markets and regions across the globe to empower our customers to identify risk sooner, spot opportunity faster and make every decision with complete confidence.

For more information, visit www.woodmac.com

Attachment

Cushing storage inventories

Mark Thomton

Wood Mackenzie

6308816885

mark.thomton@woodmac.com

Copyright 2026 GlobeNewswire, Inc.

New corporate identity reflects the Company's strategic transition into the global sports and media industry following its business combination with Flash Sports & Media

LAFAYETTE, Colo., June 12, 2026 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (the "Company") today announced that, at a special meeting of shareholders held earlier today, shareholders approved the Company's name change to Flash Sports & Media, Inc. The Company also announced that its common stock is expected to begin trading under the new ticker symbol "FLZH" on The Nasdaq Stock Market, subject to Nasdaq's processing and effectiveness.

The new corporate name reflects the next chapter for the Company as a global sports and media platform focused on the creation, production, commercialization, and monetization of live sports properties, media rights, sponsorships, branded content, and fan engagement opportunities.

Following the Company's previously announced business combination with Flash Sports & Media and the integration of Innovative Production Group FZ, LLC ("IPG"), the Company no longer operates in its legacy markets and is now focused exclusively on building its sports, media, and experiential platform.

"The approval of our name change to Flash Sports and Media, Inc. marks an important milestone in the Company's transformation," said Bradley Nattrass, Chief Executive Officer. "Our new name and ticker symbol better reflect who we are today and where we are headed. We believe live sports, global media rights, sponsorship, and fan engagement represent compelling long-term opportunities, and Flash Sports and Media is being built to participate in that growing global ecosystem."

The Company expects to provide additional updates regarding its sports and media initiatives, strategic partnerships, commercial opportunities, and corporate development plans as appropriate.

About Flash Sports and Media, Inc.

Flash Sports and Media, Inc. is a global sports, media, and experiential platform focused on the creation, production, commercialization, and monetization of live events, sports properties, original content, media rights, sponsorships, and branded fan experiences. Following its business combination with Flash Sports & Media and the integration of Innovative Production Group FZ, LLC, the Company is focused on opportunities across the global sports and media industry.

Investor Relations Contact

Investors@flashsm.com

Company Websites

https://flashsportsandmedia.com

https://www.theipggroup.com

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Company's name change and ticker symbol change; the Company's strategic transition into the sports and media industry; the anticipated benefits of its business combination with Flash Sports & Media; the development and commercialization of sports and media platforms; potential media rights, sponsorship, live event, content, and fan engagement opportunities; and the Company's ability to execute its business strategy.

These forward-looking statements are based on current expectations, estimates, and assumptions and involve known and unknown risks and uncertainties that could cause actual results and outcomes to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, without limitation, risks relating to the Company's strategic transition, integration of Flash Sports & Media and IPG, the Company's ability to develop and monetize sports and media opportunities, market acceptance, third-party relationships, financing needs, regulatory matters, Nasdaq compliance, and general economic, market, and industry conditions.

Additional factors that could cause actual results to differ materially from those described in forward-looking statements can be found in the Company's most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission, available at www.sec.gov. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements except as required by law.

Source: Flash Sports and Media, Inc.

Copyright 2026 GlobeNewswire, Inc.

MIAMI, June 12, 2026 (GLOBE NEWSWIRE) -- With SpaceX (NASDAQ: SPCX) expected to begin trading on the Nasdaq today, Defiance ETFs confirmed that the Defiance Daily 2X Space ETF (Cboe: SPCL) will seek 2X daily leveraged exposure to SpaceX Class A common stock within its portfolio, making it the first and only U.S. ETF to have 2X exposure to SpaceX on IPO day. The fund's SpaceX exposure was established at the $135 IPO price.

SpaceX priced its initial public offering at $135 per share and begins trading today under the ticker SPCX. At that price, the company is valued at approximately $1.77 trillion, which according to reports ranks as the largest U.S. IPO in history by debut market value.

By establishing its SpaceX exposure at the $135 IPO price, rather than at the price at which the shares first open in public trading, SPCL provides active traders 2X daily leveraged SpaceX exposure from the open.

For full fund details, the prospectus, holdings, and performance current to the most recent month-end, visit defianceetfs.com/spcl or call 833.333.9383.

An investment in SPCL is not a direct investment in the underlying securities. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the performance of the Target Portfolio and is designed strictly for short-term use. For periods longer than a single day, the Fund's performance will be the result of compounded daily returns, which is very likely to differ from 200% of the return of the Target Portfolio over the same period. It is possible that investors could lose their entire principal within a single trading day.

Important Disclosures

Defiance ETFs LLC is the ETF sponsor. The Fund's investment adviser is Tidal Investments LLC ("Tidal" or the "Adviser").

The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information and can be obtained by calling 833.333.9383 or by visiting defianceetfs.com/spcl. Please read the prospectus and summary prospectus carefully before investing.

An investment in the Fund involves a high degree of risk. An investor could lose the full principal value of his or her investment within a single day.

Strategy and Reconstitution Risk. The Fund is actively managed and, per its recently amended Prospectus, may reconstitute its portfolio to consist of exposure to a single Space Company security in response to a "Material Space Event" ? defined to include an initial public offering of a company, such as SpaceX, which the Adviser determines to be a significant participant in the space economy. SpaceX's IPO, a Material Space Event, will result in the Fund holding all or a predominant portion of its portfolio in instruments providing exposure to SpaceX shares, subjecting existing and future Shareholders to a substantially more concentrated and potentially more volatile investment portfolio due to such an event. Fund investment results following a reconstitution in response to a Material Space Event may differ materially from prior results and the Fund may as a result temporarily deviate from its daily targeted exposure level. The Fund's prospectus does not require the Adviser to provide advance notice before a reconstitution; however, the Fund's Target Portfolio is published daily on its website at www.defianceetfs.com/spcl.

An investment in the Fund is not an investment in SpaceX. The Fund seeks to obtain exposure to SpaceX Class A common stock, and to other Space Company securities, through derivatives, not by holding the underlying securities directly. Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.

Focused Portfolio and Concentration Risk. The Fund may seek exposure to one or a limited number of Space Company securities, including SpaceX. Given the Fund's exposure is concentrated in a one or a limited number of underlying stocks, such as SpaceX, the Fund is subject to the price movements, business results, regulatory developments, and other risks specific to SpaceX or other Space Companies. The Fund is significantly less diversified than traditional ETFs, and its performance is more volatile than a fund seeking exposure to a broader market sector or seeking to track a broad-based securities index.

Leverage, Compounding and Daily Reset Risk. The Fund seeks daily investment results equal to 200% of the daily performance of a Target Portfolio consisting of one or a limited number of Space Company securities, which may include or consistent entirely of SpaceX Class A common stock due to the Material Space Event. The Fund obtains exposure in excess of its net assets through leverage, which magnifies both gains and losses. The Fund's returns over periods longer than a single day will likely differ, in amount and possibly direction, from its stated daily target. For periods longer than a single day, the Fund will lose money if its Target Portfolio performance is flat, and it is possible that the Fund will lose money even if its Target Portfolio's performance increases. The Fund is intended for short-term use and is not appropriate for investors who do not intend to actively monitor and manage their portfolios.

Newly Public Company Risk. SpaceX has recently completed, or is in the process of completing, its initial public offering. The first day of trading in a newly public company's securities frequently involves extraordinary market activity and may differ significantly from subsequent trading days. For example, trading in SpaceX common stock may be characterized by substantial price volatility, rapid price movements, significant differences between the IPO price and the opening market price, wide bid-ask spreads, trading imbalances, limited liquidity, trading halts, and other market disruptions. These conditions may make it difficult for market participants to value SpaceX common stock and may contribute to significant fluctuations in the market price of the Fund's Shares.

SpaceX-Specific Risks. The Fund's exposure to SpaceX stock will subject it to risks specific to SpaceX, including its expected status as a controlled company with voting power concentrated in founder Elon Musk through Class B common stock (10 votes per share), the Fund's dependence on Mr. Musk's services and reputation, and the execution risk associated with unproven or novel technologies such as the Starship program, next-generation Starlink satellites, and orbital AI initiatives.

Initial Trading Day IPO Exposure Risk. The Fund expects to seek exposure to the performance of SpaceX common stock measured from the opening market price of SpaceX common stock on its first day of exchange trading. The Fund will not seek to provide exposure to the difference between the IPO offering price and the opening market price of SpaceX common stock. There can be no assurance that the Fund will be able to obtain, maintain, or rebalance its desired level of exposure to the performance of SpaceX common stock during its in initial day of trading.

Derivatives Capacity Constraints Risk. Because SpaceX will be a newly public company, the markets for swap agreements, options contracts, and other instruments that the Fund may use to obtain leveraged exposure may be limited, illiquid, volatile, costly, or unavailable. Counterparties may impose exposure limits, exchanges may impose position limits or other restrictions, and market participants may be unwilling or unable to provide the Fund with the desired level of exposure. These constraints may increase tracking error, cause the Fund to return substantially less than its desired daily leveraged exposure to the performance of SpaceX stock, or prevent the Fund from achieving its investment objective. These risks may be particularly pronounced during the period immediately following an IPO, when trading volumes, liquidity conditions, derivatives availability, counterparty capacity, price discovery, and market volatility may be highly uncertain.

Derivatives and Non-Diversification Risk. The Fund uses swap agreements and/or listed options contracts to obtain economic exposure to its Target Portfolio securities, which are subject to counterparty, liquidity, valuation, correlation, and leverage risks, as well as the risk that a derivative will not perform as expected. The Fund is classified as non-diversified and may invest a larger portion of its assets providing exposure to a single issuer.

Tax Risk. The Fund's use of swaps and other derivatives may produce taxable income, including ordinary income and short-term capital gains, which are generally taxable at higher rates than long-term capital gains.

Past performance does not guarantee future results. Fund holdings and exposures are subject to change at any time and should not be considered recommendations to buy or sell any security.

Defiance Daily 2X Space ETF is distributed by Foreside Fund Services, LLC.

About Defiance ETFs

Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.

Media Contact: Sylvia Jablonski | info@defianceetfs.com | 833.333.9383

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aecb8921-fd5d-4b89-a6b1-d467b4da772d

Copyright 2026 GlobeNewswire, Inc.

Aymer AI, founded and led by Gautam Garg, is an investor in AI Data Centers

NEW YORK, June 12, 2026 (GLOBE NEWSWIRE) -- Aymer AI today announced the formation of a strategic venture to develop a 90-acre site in Texas into a large-scale powered land bank designed to support next-generation artificial intelligence and high-performance computing infrastructure.

Project Macedonia will deliver up to 100 megawatts (MW) of power capacity through a hybrid energy strategy that combines traditional grid interconnection with behind-the-meter solutions. This approach is intended to accelerate time-to-power while enhancing reliability and flexibility for hyperscale and enterprise customers.

The site has been selected for its advantageous location, access to energy infrastructure, and proximity to major fiber routes. Once developed, the powered land bank will offer shovel-ready parcels capable of supporting rapid deployment of data center facilities tailored to AI workloads.

"Project Macedonia represents a significant step forward in addressing the growing demand for AI-ready infrastructure," said Gautam Garg, Chief Investment Officer of Aymer AI. "By integrating both grid and behind-the-meter power solutions, we will be creating a scalable and resilient platform that enables customers to deploy capacity faster and with greater certainty."

Development of the site will occur in phases, with initial energization expected to begin upon completion of key infrastructure milestones and regulatory approvals. The project is expected to contribute to local economic growth through job creation, infrastructure investment, and long-term partnerships within the community.

About Aymer AI: Aymer AI invests in the AI data center ecosystem, with a strategy that spans the full stack-from powered land development to public equities tied to the buildout of AI infrastructure. The firm targets three core areas. First, powered land banks: acquiring and entitling sites with access to large-scale energy capacity that can support hyperscale and AI-driven workloads. Second, public equities in companies building what are viewed as "AI factories"-industrial-scale data centers purpose-built for high-density compute. Third, the broader enablement layer, including data center chips and emerging neoclouds that are renting capacity and reshaping how compute is accessed. The firm is backed by a multi-generational middle eastern family office.

contact@aymer.ai

Copyright 2026 GlobeNewswire, Inc.

If there are only three days to understand China's economic development, Beijing CBD is a good place to start.

BEIJING, CHINA - Media OutReach Newswire - 12 June 2026 - In mid-June this year, 2026 Beijing CBD Forum Annual Conference will be held as scheduled. Nearly ten thousand participants from five continents will gather here, with international speakers accounting for more than 50% of the lineup. Yet the Forum is but a window; the true landscape worth the world's attention lies just outside ? the central business district itself.

The skyline of Beijing's Central Business District

"International Density" on Seven Square Kilometers

In the core area of Beijing CBD - a mere seven square kilometers - nearly 16,000 foreign-funded institutions and 125 regional headquarters of multinational corporations (MNCs) are located. This represents half of all MNC headquarters resources in Beijing.

This is no coincidence. The district is one of China's most internationally oriented, service-rich, and mature international business zones. From law firms and consultancies to financial institutions, the world's top professional services firms have formed a complete ecosystem here.

What makes the area even more valuable for overseas companies and organizations is that policies here are not just written on paper - they are embedded in actual processes.

From pilot schemes on cross-border data flows, to facilitated access for foreign financial institutions, to one‑stop service desks for international talent ? Beijing CBD has long served as a pilot zone for institutional opening‑up. Foreign enterprises find that issues they encounter here tend to be addressed and resolved more quickly.

During this year's Beijing CBD Forum annual conference, the Ambassadors' Roundtable Dialogue will establish a regular communication mechanism, and the "International Delegations' China Tour" will allow overseas business representatives and zone managers to conduct in‑depth site visits and exchange experiences. What is even more noteworthy, however, is that such exchanges are not confined to the Forum - they continue year-round here.

Beijing CBD: A Sincere and Pragmatic Invitation

Artificial intelligence, the digital economy, green technologies - these areas, known as "new quality productive forces," are not empty buzzwords here. The Forum includes dedicated sessions on technological innovation, financial opening‑up, law-business integration, cultural industries, and international consumption. Yet what truly deserves the attention of potential international partners is the industrial foundation behind these topics.

Beijing CBD is home to the densest concentration of foreign financial institutions and cross‑border capital in China. A large number of tech companies are engaged in cross‑sector collaboration with traditional industries here. High‑end professional services - international law, arbitration, compliance - are highly concentrated, providing support for both inbound and outbound business activities. Moreover, as the starting area of the city's international demonstration zone for law-business integration, the district continues to focus on strengthening the rule of law in commercial affairs, improving its legal services framework, enhancing the resolution of international commercial disputes, and fostering a stable, transparent, predictable, and internationally competitive business environment. In the future, Beijing CBD will build a one‑stop legal and commercial service platform that integrates legal, auditing, intellectual property and other professional resources to precisely serve companies going global and managing cross‑border operations.

Here, you will find that its vitality derives mainly from genuine business judgments about market opportunities. For enterprises, the cooperation logic here is predictable, commercial, and sustainable.

Beijing CBD is not merely a striking poster - it is a real‑world district where hundreds of thousands of business people move every day, thousands of foreign‑funded institutions operate, and countless cross‑border transactions take place.

If you are looking for a stable gateway to the Chinese market, or a high-level hub to connect global resources with local applications, it deserves your consideration.

The Forum's 2026 annual conference lasts only three days. But Beijing CBD is open all year round.

The issuer is solely responsible for the content of this announcement.

Hashtags: #Chaoyang

MELAKA, MALAYSIA - MediaOutReach Newswire - 12 June 2026 - PETRONAS Lubricants International (PLI) has introduced the next generation of its all-new PETRONAS Syntium as part of a phased global rollout, featuring upgraded formulations that meet the latest API SQ and ILSAC GF-7 standards.

Developed through decades of Formula One-winning experience and Fluid Technology Solutions expertise, the new range is designed to deliver enhanced engine protection, fuel efficiency and performance, bringing motorsport-proven technology into everyday reliability for motorists.

Rather than offering a single catch-all solution, the portfolio comprises four purpose-built variants, each developed to meet specific driving needs, from high-performance and Japanese engines to everyday vehicles and hybrid powertrains. The new range simplifies the choice for consumers, offering a streamlined selection of oils that meet the latest industry standards while supporting improved fuel efficiency and engine performance.

PETRONAS Syntium Supreme: Designed for high-performance vehicles. Featuring CoolTech+ technology, it cuts engine wear and maximises fuel efficiency by up to 13%*.

PETRONAS Syntium Supreme GLV2: Made ideally for Japanese engines. JASO GLV-2 approvals assure up to 19%** better fuel efficiency and a higher shear stability for highly demanding Japanese cars.

PETRONAS Syntium Prime: Reliable, long-lasting engine defence for everyday vehicles, featuring Active Defense technology to ensure consistent performance across everyday driving conditions for stress-free driving.

PETRONAS Syntium Hybrid: Specifically engineered to meet the unique demands of hybrid powertrains. CoolTech-H technology delivers targeted protection during frequent stop-start cycles and across the lower operating temperatures typical of hybrid operation.

*Based on industry standard testing, where PETRONAS Syntium Supreme exceeded the ACEA C5 fuel economy limit. Actual performance may vary by vehicle and driving conditions.

**Based on field trial data over a 12,000km test under real-life driving conditions, comparing 0W-20 JASO GLV2a against API SQ/GF-7 reference oil. Actual fuel efficiency may vary depending on vehicle model, driving behaviour and operating conditions.

PETRONAS Lubricants International Regional Managing Director Asia, Noorhana Abdul Habib said, "The new PETRONAS Syntium range marks a defining step in advancing lubricant innovation, delivering uncompromising quality solutions to workshops and motorists across Malaysia and Asia. Powered by next-generation formulations aligned with the latest API SQ standard, it enhances fuel efficiency and engine performance, empowering motorists with cutting-edge technology that delivers excellence in every drive."

The all-new PETRONAS Syntium range has been launched in Malaysia, Japan and selected European markets. The rollout will expand across key Asia-Pacific markets throughout the year, making the range available at PETRONAS AutoExpert locations and authorised workshop networks in countries including China, Indonesia and Thailand by the end of 2026.

About PETRONAS Lubricants International

PETRONAS Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, Malaysia's dynamic global energy group. Established in 2008, PLI manufactures and markets a full range of high-quality automotive and industrial lubricant products in over 100 markets internationally. Headquartered in Kuala Lumpur, PLI also has offices around the world including Turin, Belo Horizonte, Beijing, and Chicago. PLI is the technical resource behind PETRONAS' partnership with the Mercedes-AMG PETRONAS Formula One Team, responsible for the design, development and delivery of the Fluid Technology Solutions, which includes customised lubricants, fuels and transmission fluids to power the Silver Arrows.

We are a progressive energy and solutions partner, enriching lives for a sustainable future. Our commitment remains to conduct and grow our business in ways that contribute positively to society and the environment.

PLI is driving an aggressive business growth agenda as one of the leading global lubricants companies at the forefront of the industry, providing custom-made solutions for every need. For more information, please visit www.pli-petronas.com.

The issuer is solely responsible for the content of this announcement.

Hashtags: #PETRONASLubricantsInternational #PLI #PETRONASSyntium #automotive #lubricants

WUHU, China, June 12, 2026 (GLOBE NEWSWIRE) -- In June 2026, Chery Group's premium new energy brand LEPAS is accelerating its global deliveries in full swing. The brand embeds that pre-match composure into every detail of our Leopard Aesthetics and Elegant Technology - so every ride carries the confidence of a champion walking onto the pitch.

The whistle is about to blow, and the world is buzzing with mounting excitement. Players have completed their final preparations?refining focus through rigorous training, embracing ritual-like calm, and steadying their minds as the big moment approaches. The closer the game, the calmer the rhythm. This is precisely what LEPAS embodies in its Year of Global Delivery: as the world heats up, elegance stays cool.

Mastering Strength, Steering with Elegance

Football is not only about winning, but about rhythm and control. A strong team maintains its structure under pressure because of solid tactics and depth. Likewise, a great car delivers a refined, elegant ride because of real technical substance.

In the fiercely competitive new energy vehicle market, LEPAS resists the industry's tendency toward feature overload. The brand stays true to its mission: Drive Your Elegance. Leveraging Chery Group's global R&D expertise to develop the Intelligent LEX Platform, refining core capabilities in power performance, intelligent driving, and vehicle safety. Just as players polish their fundamental skills day in and day out, these tangible core competencies ensure elegance and control in every situation.

新闻稿配图一

Football Wisdom, Elegant Drive

A strong team's composure is built on a sharp attack, a calm midfield, and a solid defense.

Forwards break through with brilliance-like LEPAS's Leopard Aesthetics: striking at first glance, but never flashy. Midfielders set the pace with precision-like LEPAS's Elegant Technology: from VPD (Valet Parking Driver) to AI-Powered Voice Mode, reducing stress in traffic and making every drive as smooth as a perfect pass. Defenders hold the line with strength-like LEPAS's Exquisite Space: roomy, smart, and secure, a mobile sanctuary.

新闻稿配图二

Attack, midfield, defense-each plays its role. Design, technology, space-each makes the ride elegant. No matter how wild the world gets, driving stays elegant.

The 2026 football summer is approaching. As football passion sweeps the globe and urban traffic surges like a heatwave, composure is the most elegant victory. This season, LEPAS will be right by your side-ready for the next elegant journey to begin.

Chery Group

Peiwen Tan

Email: tanpeiwen@mychery.com

Website: lepasinternational.com  

Copyright 2026 GlobeNewswire, Inc.