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AscendEX Appoints Shane Molidor as New CEO

Singapore, June 09, 2022 (GLOBE NEWSWIRE) — AscendEX, a global cryptocurrency financial platform, announced today that Shane Molidor has been appointed Chief Executive Officer. He succeeds the exchange's founding partner, George Cao, who will continue to support AscendEX as Chairman.

Shane Molidor joined AscendEX (Formerly BitMax) in May of 2019 as Head of Business Development and was promoted to Chief Revenue Officer (CRO) in December of 2021. Molidor has worked professionally in the cryptocurrency industry since 2015 at top–tier institutions in both the United States and China.

A highly–regarded leader, Molidor brings to the role an intimate understanding of exchange infrastructure, custody solutions, evolving regulations, and marketplace dynamics spanning both Eastern and Western Demographics.

"I am confident to pass AscendEX's reins to Shane", Says George Cao, Former Ceo and Co–Founder, "I want to thank my team and community over the past five years for the endearing support you've had in me and this company, and for the confidence entrusted to my exceedingly qualified successor.

I will remain involved and continue to support AscendEX's Board of Directors as Chairman.

Shane Molidor is the right choice to fill this role as he has helped manage and shape this company, holds a deep understanding of the complexities of this market and brings an unmatched commitment to the position. This decision is made with a great deal of trust and optimism for the future of this brand. "

Molidor began his career in Strategy Consultation at the International Business Machines Corporation (IBM) after receiving his Bachelor's Degree from Princeton University. He then worked at Gemini, a cryptocurrency exchange and custodian, in Business Development, Institutional Sales, and Client Services. Most recently, Molidor was the Global Head of FBG One at FBG Capital, a diversified financial institution dedicated to the cryptocurrency and blockchain sectors.

Following a $50mm Series B fundraise for AscendEX in November of 2021, Molidor shares his excitement regarding the company's expansion. Since joining AscendEX, Molidor has grown the team from 15 to 65, coaching each employee to be a subject matter expert in their respective field, as well as encouraging a keen understanding of market microstructure and the ever–evolving cryptocurrency ecosystem. Molidor shares his excitement about revamping the platform's user experience, the addition of new, comprehensive products, and the future state of the company.

"I am honored to have the opportunity to succeed George and lead AscendEX into a new phase of progress and growth," notes Molidor. "As we continue to build, I am confident in the vision and the road ahead for this company, this team, and AscendEX users."

AscendEX is making crypto trading easier with innovative new products and an enhanced user experience. Follow our journey at www.AscendEX.com.

About AscendEX

AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" by supporting some of the industry's most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.

For more information and updates, please visit:

Website: https://ascendex.com

Twitter: https://twitter.com/_ascendex

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

Instagram: https://instagram.com/_ascendex/

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GLOBENEWSWIRE (Distribution ID 8569592)

Mark Simon Named Vice President Operations & Manufacturing for Nikkiso Clean Energy and Industrial Gases Group Pumps Functional Unit

TEMECULA, Calif., June 09, 2022 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries' Clean Energy & Industrial Gases Group ("Group"), a part of the Nikkiso Co., Ltd (Japan) group of companies, is pleased to announce that Mark Simon has been named Vice President, Operations & Manufacturing for the Pumps Functional Unit.

Mark has significant operations and global experience, most recently with Ebara in Reno for the last nine years, providing leadership as the Vice President of Operations/General Manager for the Cryodynamics division. His extensive education and certifications include a BS in Business Management, Greenbelt Lean/Six Sigma Certification, and ISO/QS 9000 certification.

In this role, Mark will lead global operations for the Cryogenic Pumps Business Unit and work to align and adjust the Group's sites for growth, quality standards, safety, and reporting. He will develop and implement the global manufacturing strategy and operational excellence management system.

"Mark's impressive background and experience in the industrial machinery and energy industry will be of great benefit to NCEIG Pumps Unit and he will serve as a new member of our Senior Leadership Team," according to Daryl Lamy, President, Cryogenic Pumps Unit.

Mark will be based in Reno, Nevada, and will travel extensively to the Group's global and domestic pump locations. With this addition, Nikkiso continues their commitment to be both a global and local presence for their customers.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com


GLOBENEWSWIRE (Distribution ID 8569559)

ChartWater™ and Calgon Carbon Announce Referral Agreement

Pittsburgh, Pennsylvania, June 09, 2022 (GLOBE NEWSWIRE) — ChartWater a division of Chart Industries, Inc. ("Chart") (NYSE: GTLS), and Calgon Carbon Corporation ("Calgon Carbon"), a wholly owned subsidiary of Kuraray Co., Ltd. (TYO: 3405) ("Kuraray"), today formally announced an agreement signed in 2021 to jointly offer drinking water systems, using granular activated carbon, to under–resourced rural areas.

The terms of the Agreement allow Calgon Carbon to refer all communities in the United States requiring treatment of up to approximately 175 gallons per minute to ChartWater's AdEdge Water Technologies (AdEdge ), who will source all related GAC from Calgon Carbon. While both companies will continue to provide water treatment solutions for all flow rates, the Agreement enables the Companies to combine their capabilities for solutions that will cost–effectively provide safe drinking water to communities.

According to the U.S. EPA's Safe Drinking Water Act, there are over 140,000 small drinking water systems in the United States. Many of these systems face challenges in meeting ever–changing and stringent regulations around drinking water contamination, making it difficult to provide consistently safe drinking water to customers. The new Agreement offers these small systems access to AdEdge's variety of equipment offerings as well as Calgon Carbon's premium product line, FILTRASORB GAC.

"We are excited to partner with Calgon Carbon to combine their decades of GAC experience with our experience providing complete, packaged treatment systems to municipalities around the United States," said Chris Milligan, President of ChartWater. "ChartWater's AdEdge Center of Excellence provides solutions for municipal and industrial customers of all sizes. This relationship with Calgon Carbon will specifically strengthen our ability to serve smaller utilities with a world–class GAC solution for the removal of PFAS, TOC, disinfection byproducts, and any other contaminants that can be addressed with GAC."

Since creating the first activated carbon products from bituminous coal in the 1940s, Calgon Carbon has been a pioneer in developing high performing granular activated carbon products for water purification.

"Calgon Carbon has provided GAC to hundreds of water suppliers for over 40 years, and we are enthusiastic about this Agreement," said Nora Stockhausen, VP of the Drinking Water Solutions and Innovative Carbon Technologies business unit. "This collaboration allows our FILTRASORB GAC to be more accessible to smaller utilities through AdEdge's reach in this market and we're proud to work together to provide clean, safe drinking water to more Americans."

About Chart Industries, Inc.

Chart Industries, Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets. Our unique product portfolio is used in every phase of the liquid gas supply chain, including upfront engineering, service and repair. Being at the forefront of the clean energy transition, Chart is a leading provider of technology, equipment and services related to liquefied natural gas, hydrogen, biogas and CO2 Capture amongst other applications. We are committed to excellence in environmental, social and corporate governance (ESG) issues both for our company as well as our customers. With over 25 global locations from the United States to Asia, Australia, India, Europe and South America, we maintain accountability and transparency to our team members, suppliers, customers and communities. To learn more, visit www.chartindustries.com.

About ChartWaterTM

ChartWater, a division of Chart Industries, is a global manufacturer and service provider of engineered solutions for municipal water treatment and industrial process applications. Its portfolio of proven products, processes, and engineering expertise provides customers with single–point responsibility for complete solutions that enable water professionals to achieve their objectives with the lowest combination of risk and costs while driving enhanced outcomes for people, communities, and the planet. For more information, visit www.chartindustries.com/products/water–treatment

About AdEdge Water Technologies

Founded in 2002 and headquartered just north of Atlanta, Georgia, USA, AdEdge Water Technologies, LLC is a leading provider of advanced water treatment technologies and systems serving municipal, residential and industrial applications nationally and overseas for flow rates up to 15 MGD. AdEdge manufacturers fully integrated and custom water treatment systems to remove over twenty different contaminants from water, including arsenic, iron, manganese, fluoride, PFAS, TOC, and radionuclides. AdEdge also offers an ultra–high recovery reverse osmosis membrane solution for removal of TDS and multiple contaminants, using ROTEC's Flow Reversal Reverse Osmosis. AdEdge was acquired by Chart Industries in August of 2021 as a ChartWater Center of Excellence. For more information, visit www.adedgetech.com.

About Calgon Carbon

Calgon Carbon, a wholly–owned subsidiary of Kuraray Co., Ltd. (TYO: 3405) (Kuraray), is a global leader in the manufacture and/or distribution of innovative coal–, wood– and coconut–based activated carbon products "" in granular, powdered, pelletized and cloth form "" to meet the most challenging purification demands of customers throughout the world. Calgon Carbon provides purification solutions for more than 700 distinct applications, including drinking water, wastewater, pollution abatement, and a variety of industrial and commercial manufacturing processes. Headquartered in Pittsburgh, Pennsylvania, Calgon Carbon employs approximately 1640 people and operates 20 manufacturing, reactivation, innovation and equipment fabrication facilities in the U.S., Asia, and in Europe, where Calgon Carbon is known as Chemviron. Calgon Carbon was acquired by Kuraray in March of 2018. With complementary products and services, the combined organization will continue to focus on providing the highest quality and most innovative activated carbon and filtration media products, equipment, and services to meet


GLOBENEWSWIRE (Distribution ID 8569528)

HYCU® Secures $53 Million Series B to Fuel Hypergrowth for New SaaS-based Service

Boston, Massachusetts, June 09, 2022 (GLOBE NEWSWIRE) — HYCU, Inc., a pioneering enterprise BaaS company specializing in hybrid cloud and multi–cloud data backup and recovery as a service, today announced its $53 million Series B led by Acrew Capital. All Series A investors returned, including Bain Capital Ventures (BCV). Strategic investors and innovation leaders Atlassian Ventures and Cisco Investments also participated in the round. Funding will help accelerate several key go–to–market initiatives to support significant demand in HYCU's multi–cloud data protection solutions across on–premises and public cloud environments, including bringing to market a new developer–led SaaS service.

With 92 percent of organizations rapidly adopting a SaaS–based multi–cloud model, there is a critical need for companies to deploy a new breed of solutions that serve as true multi–cloud data protection delivered as a service. With a mission of building a safer world by protecting critical data, HYCU will use the new funding to continue developing its solution to serve ever–evolving data and recovery needs. Over the past 12 months, HYCU has added 165 employees across go–to–market, sales, HR and engineering. The new funding will accelerate key positions in alliances, product marketing and customer success as well as advance some key innovation–focused solutions and services delivery.

"With an average of more than 130 data silos in use at today's enterprises, any solution to manage, protect and recover data should be easy to use and deploy," said HYCU Founder and CEO Simon Taylor. "HYCU fundamentally believes there is a better way to solve data protection needs, and we are on track to deliver a profoundly simple and powerful solution before the end of the year. Adding strategic investment from Atlassian Ventures and Cisco Investments, along with the on–going support from Bain Capital and Acrew is a testament to what the team has developed and is delivering to customers worldwide."

Theresia Gouw, cofounder of Acrew Capital, joins BCV Partners Enrique Salem and Stefan Cohen, and Simon Taylor on the HYCU Board of Directors. Gouw, a well–respected investor and strategic leader, currently serves on several SaaS boards, including SolvHealth, PredictHQ and Ketch. Her experience in the industry will help HYCU as it continues to enhance and grow its solution portfolio to meet customer needs.

"The rise of multi–cloud brings an insurgence of ransomware threats," said Gouw. "Amidst the current economic climate, the explosion of data assets and the high value of data, we've seen HYCU rise as the key way of simplifying the multi–cloud data protection experience including a powerful way to address ransomware protection and recovery. I look forward to being an active member of the HYCU Board of Directors and to help further position HYCU as the leading data backup and recovery solution for multi–cloud and SaaS solutions. This is only the beginning and it's an exciting time to be paving the way to the future of data protection."

In recent years, SaaS customers have begun to require answers to how their data is protected. As a result, organizations are identifying the need for data backup and recovery solutions. HYCU provides granular recovery capabilities, supporting individual file systems and networks that enable SaaS services to easily write an enterprise–grade data protection solution directly into its platform.

"In the hybrid world, customers expect to consume cloud delivered as–a–Service offerings. HYCU is applying this to backup and data resiliency with a cloud–native, storage agnostic solution," said Aleem Rizvon, vice president of Corporate Development for Cisco. "Through Cisco Intersight, we are working to transform many of the traditional IT functions into cloud services. That's why we are pleased to invest in HYCU as they bring this approach to the data resiliency space."

"At Atlassian, we believe in breaking down organizational and data silos across technical and business teams. Collaboration is about bringing these teams together, and HYCU does this by allowing customers to work together on a secure and reliable platform,” said Matt Sonefeldt, Head of Atlassian Ventures. "We're excited to welcome HYCU to the Atlassian Ventures family and believe its approach to data protection as a service creates immense potential for our 200,000+ cloud customers."

HYCU's Series B follows a $87.5M Series A led by BCV last year and brings the total investment to $140M in a little over a year. Building on year–on–year bookings growth of 150%, this announcement follows a successful first quarter close, with projections to achieve the same growth rate in 2022. The company also tripled revenue in the past 12 months, maintained a 135% net–retention rate, maintained a 91 net promoter score (NPS), the highest in the industry for data protection companies, and saw a 4x increase in valuation in the last year.

For more information on HYCU, visit: https://www.hycu.com, or follow @hycuinc and connect with HYCU on LinkedIn.

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About HYCU

HYCU is the fastest–growing leader in the multi–cloud backup and recovery as a service industry. By bringing true SaaS–based data backup to both on–premises and cloud–native environments, the company provides unparalleled data protection, migration and disaster recovery to more than 3,100 companies worldwide. HYCU's award–winning, purpose–built solutions eliminate the complexity, risk and high cost of legacy–based solutions, providing data protection simplicity in a hyper–connected, multi–cloud world. Customers experience frictionless, cost–effective data backup and recovery, no matter where their data resides. Based in Boston, Mass., the company employs 300 people across the globe. Learn more at www.hycu.com.


GLOBENEWSWIRE (Distribution ID 8568993)

Asda Stores Ltd Selects TrueCommerce to Manage its Business Transformation Initiative as It Separates from Walmart

COVENTRY, United Kingdom, June 09, 2022 (GLOBE NEWSWIRE) — TrueCommerce, a leading global cloud provider of supply chain and trading partner connectivity, integration and omnichannel solutions, announced today that Asda is now using TrueCommerce's EDI–based supplier enablement solution to manage supplier communications.

As the third–largest supermarket chain in the UK, Asda operates over 600 retail stores. The brand also offers their products online via Asda.com, which serves 98% of UK homes. To do so, Asda is supported by 37 distribution and fulfilment centres and thousands of suppliers.

In February 2021, Asda was sold by Walmart to the Issa Brothers and TDR Capital. That sale led the company to choose a new EDI provider that would support its future as a standalone business: TrueCommerce.

"TrueCommerce was part of a comprehensive RFP process and was selected on the basis of four key factors: its ability to understand and meet the Asda capability requirements, its confidence in adhering to programme timelines, its deep knowledge and expertise, and its overall commercial competitiveness," said Jenny Hopkins, Senior Director at Asda.

As part of the agreement, TrueCommerce will implement a supplier enablement platform catering to the needs of the over 2,000 suppliers that make up Asda's entire supplier community, with integration into the business's SAP ERP system. As an SAP Silver Partner, TrueCommerce's solution offers the highest level of integration and automation with the SAP system.

The solution offered by TrueCommerce features key capabilities that will enable thousands of Asda suppliers, regardless of their size or technical maturity, to easily communicate with the retailer. In addition to supporting EDI transactions, the supplier enablement platform also includes a web–EDI portal for use by non–EDI capable vendors. TrueCommerce's platform also includes fully managed supplier onboarding and communications management for EDI–related supplier queries.

TrueCommerce's expertise in the market and experience in managing complex supply chain communications for enterprise–grade businesses will enable a seamless transition for Asda and its supplier community. It will encourage higher rates of adoption that will, in turn, underpin the company's ongoing supplier communication efforts.

Jenny highlighted that, "By partnering with TrueCommerce, Asda will offer a strong, stable, fully reliable and excellently managed EDI programme to our highly valued Asda suppliers, no matter how big or small they are!"

David Grosvenor, Managing Director, TrueCommerce Europe said, "I'd like to thank Jenny and the team at Asda for their cooperation in this process. Our teams at TrueCommerce are delighted to begin working with Asda and help further strengthen their business in the UK retail landscape."

About Asda Stores Ltd

Founded in the 1960s in Yorkshire, Asda is Britain's third largest supermarket. Dedicated colleagues serve customers from its network of stores and online services, including supercentres, superstores, supermarkets, living stores, petrol filling stations and depots across the UK. Asda was acquired by Issa TDR from Walmart in 2020.

About TrueCommerce

TrueCommerce is the most complete way to connect your business across the supply chain, integrating everything from EDI to inventory management, to fulfilment, to digital storefronts and marketplaces. We've revolutionised supply chain visibility and collaboration by helping organisations make the most of their omnichannel initiatives via business P2P connectivity, order management, collaborative replenishment, intelligent fulfillment, cross–functional analytics, and product information management.

The TrueCommerce Global Commerce Network can connect businesses to over 160,000 retailers, distributors, and logistics service providers. As a fully managed services provider, we also manage new trading partner onboarding, as well as the ongoing management of partner–specific mapping, labeling changes, and communications monitoring. That's why thousands of companies""ranging from startups to the global Fortune 100, across various industries""rely on us.

TrueCommerce: Do business in every direction

For more information, visit TrueCommerce.

Media Contact
Yegor Kuznetsov, TrueCommerce
703–209–0167
yegor.kuznetsov@truecommerce.com


GLOBENEWSWIRE (Distribution ID 8568856)