Advanced Cooling Technologies Presidential E Award for Exports

At a ceremony in Washington, D.C. recently, the U.S. Department of Commerce presented Advanced Cooling Technologies, Inc. ("ACT") the President's "E" Award, the highest honor given to U.S. exporters. ACT is one of just eleven manufacturers in the United States receiving the President's "E" Award this year. ACT was recognized for its sustained growth in a wide range of international markets over the past four years. The President's "E" Award was created in 1961 by Executive Order of President John F. Kennedy and is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.

In recognizing ACT, U.S. Secretary of Commerce Gina Raimondo said, "Advanced Cooling Technologies has demonstrated a sustained commitment to export expansion. The "E" Awards Committee was impressed with the scale of ACT's sales to twenty-seven international markets. Your achievements have contributed to national export expansion efforts that support the U.S. economy and create American jobs."

Adam Say, International Business Development Manager of ACT, added: "We are honored to receive this award. Our purpose is to solve our customers' most challenging thermal problems with the best value engineered products and innovative technologies, no matter where they are in the world."

Since inception, ACT has strived to become the best thermal management company in the world. In working towards this vision, it was paramount for ACT to demonstrate success internationally. Over time, ACT's commitment to evolving its compliance team, establishing a global sales force, exploring international tradeshows, and finding strategic customers that push the envelope on innovation brought it to a point where ACT could target cutting-edge thermal solutions.

ACT's global growth includes a variety of markets, countries, and technologies, some spanning a decade or more. In the medical field, ACT developed partnerships with Inheco (Germany) and GE Healthcare (US & Asian/Europe markets), both of which provided critical equipment in the battle against COVID-19. In the spacecraft market, ACT landed a multi-million dollar contract with URSC in India after several years of discussions and visits across the globe. In the HVAC market, ACT had one of its largest installs at the Samsung Hospital in South Korea. ACT continues finding new opportunities through strong relationship building and product-market fits, including technologies positioned to meet the growing demand for clean energy and the globalization of civil and commercial space programs. "We look forward to continued and growing partnerships with current and future customers across the globe," said Bryan Muzyka, Vice President of Sales and Marketing at ACT. He added, "We're building an organization that can compete at a high level internationally, from product development and manufacturing, to export and logistical knowledge, to high quality technical responsiveness, to meet the increasing demand for highly engineered thermal solutions in the global market."

About Advanced Cooling Technologies Inc.: Advanced Cooling Technologies, Inc. is a premier thermal management solutions company, providing design and manufacturing services to meet our customers' needs across all points of the product lifecycle. ACT is the only U.S.-based Heat Pipe manufacturer that routinely ships Heat Pipe products for terrestrial, spacecraft, and high-temperature applications. We serve our global customers' thermal management and energy recovery needs in diverse Markets including Defense, Aerospace, Electronics, HVAC energy recovery, Medical, Enclosure Cooling and Calibration Equipment. We specialize in providing innovative and performance-optimized thermal management technologies and solutions that meet the unique needs of each customer.

About the President's "E" Award: The President's "E" Award was created by Executive Order of the President to recognize to persons, firms or organizations which contribute significantly in the effort to increase U.S. exports. The building ACT occupies in Lancaster, Pennsylvania has a rich history of E Award recipients dating back to 1943. RCA, which once occupied the same building, received an E Award in 1943 and went on to receive two (2) E Star awards. This building has seen the manufacturing of many different types of vacuum tubes (Navy Plant, RCA Television, ACT Military and Industrial) and now it will hold its second Presidential E Award recipient.

Photo: ACT Receives President's E Award from U.S. Secretary of Commerce Gina Raimondo. Pictured from left to right is Secretary Gina Raimondo, Jon Zuo, President ACT, Adam Say, International Business Development Manager, ACT.

Fetch Book Set up a North American Market Expansion

Fetch Book, a pioneer in the field of tourism technology, recently announced the establishment of its North American market expansion headquarters in Los Angeles, marking the company's emphasis on and investment in the North American market, as well as an important step in its global market strategy.

As a tourism data company, Fetch Book is committed to building a global platform connecting all links of the tourism industry chain. Fetch Book changes the way people travel through technology and innovation, making travel more convenient, rich and unforgettable. Whether it is individual travel or group travel, or hotel accommodation, transportation, various scenic spots and tourist destinations, Fetch Book provides high-quality products and services to meet the needs of different users. Through close cooperation with global partners, Fetch Book will continue to push the boundaries of tourism technology and contribute to the development of the industry.

It is reported that Fetch Book has established its North American Market Development Headquarters in Los Angeles, USA, with Jack Callahan from the United States as Vice President of North American Development, responsible for market development, customer relations, partners, product promotion and other work in the region. Jack Callahan said, "I am honored to join the dynamic and creative team of Fetch Book, and I believe we have the ability to provide better tourism products and services for tourists in North America, while bringing more opportunities and value to the local tourism industry."

North America is one of the largest travel markets in the world, with hundreds of millions of people traveling each year to enjoy a variety of travel experiences. However, in today's information explosion society, the application of many big data makes tourism information more important, coupled with the series of many digital media and community software platforms, making tourism data companies a key development sector in today's industry. With its original OBCO operation model, Fetch Book breaks the traditional communication framework, removes the barriers between online and offline, realizes the interlocking of each link, enlarges the overall audience, promotes participation, and circulates widely at a faster speed. After this model was effectively validated in the Chinese market, Fetch Book decided to extend it to the North American market.

Fetch Book's establishment of its North American market expansion headquarters in Los Angeles is an important step in its global market strategy. Previously, the company has set up Asia-Pacific Development Headquarters in Hong Kong, South American Market Development Headquarters in Sao Paulo, Brazil, and Korea Development Center and Japan Development Center in Seoul, Korea and Tokyo, Japan respectively. In the future, Fetch Book will strengthen global cooperation, expand market share, and provide more innovative tourism products and services to meet the growing global tourism demand.

Fetch Book believes that tourism is a bridge for the exchange of human civilization and a way for people to better understand, appreciate and respect each other.

CSX Named Best Railroad by Intermodal Service Providers

CSX Corp. (NASDAQ: CSX) has been recognized by intermodal providers as the top-performing railroad in North America. The “Intermodal Service Scorecard” ranking was compiled by the Journal of Commerce, and assessed performance through the first four months of 2023.

To create the Scorecard, more than 100 shippers and intermodal marketing companies were invited to perform a satisfaction assessment. Respondents cited their satisfaction with domestic intermodal service as a key driver of CSX’s number one ranking. Customers highlighted improvements in the railroad’s fluidity, train speed and customer service.

“CSX is proud to be recognized by our customers for the quality of our service delivery,” said President and CEO Joe Hinrichs. “CSX’s service performance has returned to — or in many cases surpassed — our pre-pandemic levels. However, we know that we must demonstrate to our customers that we can provide a sustained high level of service. And I assure you that we’re committed to continually partnering with our customers to deliver solutions that meet their business needs.”

CSX recently reported first quarter intermodal trip plan compliance results above 95 percent, demonstrating its strong record of meeting rail car scheduling plans. The company’s improved service reliability was also cited by the Surface Transportation Board in its recent decision to release CSX from a temporary requirement for Class I railroads to submit bi-weekly service metrics reports. CSX is the only one of the Class Is to no longer be subject to the requirement.

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.

Mawson Infrastructure Group adds infrastructure in Ohio

Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson’’ or the “Company”), a digital infrastructure provider, announces today that it has entered into agreements for a new site in Corning, Ohio, with initial capacity for 24MW. Mawson expects that the site has an additional 26MW of potential capacity upside, taking the total site to 50MW, subject to further infrastructure investment. The site has been signed on a long term lease.

The site will be a welcome addition to the existing 240MW of capacity that Mawson has online and under development in the surrounding area. It is intended that the site will be online to the full initial 24MW capacity in Q3, providing a possible increase in deployable hashrate of up to 1.0EH.1

Mawson expects the site to initially host 12 MDCs and 7,056 miners. Mawson expects to have a mixture of self-mining and hosting on site but will make a further decision on the breakdown closer to energization.

James Manning, CEO, commented, “We are very excited to have finalized this new site acquisition. The addition of this site to our portfolio of assets in the region is a great achievement by the team reinforcing our revised strategy of focus in the PA/OH region. This is the first of several smaller sites the Mawson team has been working on, with a focus to deploy low cost, quick to market mining facilities.”

Liam Wilson, COO, commented, “With the addition of this third site, Mawson has also begun the process of researching and testing the latest generation of ASIC hardware. We are actively planning for the halving event, and plan to have the most efficient fleet possible – as always, focusing on shareholders return on capital. We are focused on this region for various reasons and look forward to seeing which ASIC units perform best before ordering in bulk.”

About Mawson Infrastructure

Mawson Infrastructure Group (NASDAQ: MIGI) is a digital infrastructure provider, with multiple operations throughout the USA and Australia. Mawson’s vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson matches sustainable energy infrastructure with next-generation Mobile Data Center (MDC) solutions, enabling low-cost Bitcoin production and on-demand deployment of infrastructure assets. With a strong focus on shareholder returns and an aligned board and management, Mawson Infrastructure Group is emerging as a global leader in ESG focused Bitcoin mining and digital infrastructure.