MUNICH, April 11, 2025 /PRNewswire/ — At bauma 2025, the world’s leading construction machinery trade fair, XCMG Crane made a resounding statement about its commitment to the European market by unveiling six cutting-edge crane models, engineered specifically for European demands. With a focus on sustainability, intelligent design, and localized solutions, XCMG Crane demonstrated its role as a trusted partner in Europe’s green transition and urban renewal initiatives.

Among the tailor-designed innovations, key highlighted models include:

XCA60_EV: The World’s First Hybrid All-Terrain Crane, features an in-house-developed oil-electric hybrid system, cutting carbon emissions by 40%. Equipped with a 400V plug-and-play electric system for zero-emission lifting, the XCA60_EV combines a 170KW electric motor with a dual-engine transport system (400KW total power) for optimal fuel efficiency.

Compact and Intelligent Cranes that were built on XCMG’s G2 technology platform, excels in narrow urban environments. The XCA80G7-1E provides compact design with a 60m boom and dual-hook coordination for urban projects, while the XCA250G7-1E features remote-control operation for single-operator efficiency, and innovative telescoping systems for restricted sites.

The European Customized Rough-Terrain Cranes, the XCR50_E, the ultra-narrow, 2.5m width design meets EU transport norms, along with the XCR70_E and XCR90_E, which proved its robust performance in Turkey’s gas power projects, featuring eco-friendly hydraulic systems and fuel-saving torque converters.

Yang Dongsheng, Chairman of XCMG Machinery, reinforced the Company’s In Europe, For Europe strategy, “We’re committed to being a key enabler of Europe’s sustainable, smart infrastructure future.”

The strategy paid dividends at bauma 2025, with XCMG securing bulk orders from German, French, and Dutch clients for its hybrid and compact models. These deals underscore Europe’s endorsement of XCMG’s tailored solutions and green transition roadmap.

The general manager of a Dutch lifting and transportation company, along with their operator team, highly commended XCMG cranes during the bauma 2025: “XCMG’s G2 series cranes showcased impressively humanized engineering—their panoramic wraparound windshield and sunken control console layout boosted operational visibility by over 40%.”

The client also highlighted that XCMG products demonstrate world-class manufacturing expertise in details, such as hydraulic pipeline arrangement, centralized lubrication systems, welding seam craftsmanship, and structural component tolerance control, fully complying with European standards.

“From operational ergonomics to equipment reliability, XCMG cranes have won over our technical team with exceptional performance. They will be our preferred brand for future procurement,” commented by the team.

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SOURCE XCMG Crane

Vitesse Systems has been at the forefront of providing technical solutions that enable the most demanding aerospace and defense applications. We specialize in the end-to-end manufacturing of mission-critical components and assemblies supporting electronic warfare, radar, and next-generation communications across air, ground, sea, and space.

NEWARK, Calif., April 11, 2025 /PRNewswire-PRWeb/ — Vitesse Systems, a leading provider of mission-critical components and assemblies for the space and defense industries, today announced the strategic appointment of Rollin Hughes as its new Business Development Executive. With over 25 years of robust experience in selling and supporting both government and commercial clients within the microwave and satellite solutions sectors, with a particular focus on ground antenna applications including small mobile and fixed ground-stations with multi-band feeds, Hughes joins the Sales and Marketing team to further enhance Vitesse Systems market presence in this key area.

Rollin Hughes brings extensive experience selling and supporting government and commercial customers to Vitesse Systems. Hughes began his distinguished career in aerospace and defense at Sikorsky Aircraft, subsequently broadening his expertise into electronic warfare, airborne downlinks, and covert audio and video products. Since 2005, his focus has been within the satellite communications sector, where he has excelled in selling leading-edge hardware to end-users, system integrators, and OEMs servicing both mobile and fixed air, land, and sea-based terminals. His deep knowledge extends to legacy, current, and developing GEO, MEO, and LEO satellite constellations, UHF/VHF tactical communications, and digital waveforms for both the Department of Defense and civilian agencies.

Rollin Hughes shared his enthusiasm for his new role, stating, “I am excited to contribute to Vitesse Systems’ continued growth and to address the evolving technical needs of the antenna market, especially in expanding our ground antenna solutions. I am particularly eager to grow our military business, where seamless communication across multiple assets is critical, including robust ground-based systems. I believe Vitesse’s testing and on-site engineering capabilities strongly position us for sustained success in the electronic warfare market and the delivery of advanced ground antenna technologies.”

“We are thrilled to welcome Rollin Hughes to the Vitesse Systems team,” said Matt Alty, CEO of Vitesse Systems. “His extensive experience and deep understanding of the satellite communications landscape, particularly his knowledge of various satellite constellations and tactical communication systems, coupled with his understanding of ground antenna requirements, will be invaluable as we continue to expand our reach and serve the evolving needs of our government and commercial customers. Rollin’s proven track record and customer-centric approach align perfectly with Vitesse Systems’ commitment to providing cutting-edge solutions.”

About Vitesse Systems

For over 55 years, Vitesse Systems has been a trusted partner in the aerospace and defense industries, providing advanced technical solutions for the most challenging applications. We specialize in the design, build, and test of critical solutions for electronic warfare, radar, and next-generation communications across air, ground, sea, and space. Headquartered in Newark, California, Vitesse operates facilities in California, Colorado, Maryland, Massachusetts, and Nevada. All Vitesse facilities are ITAR Registered and DFARS compliant, serving a broad 1 spectrum of aerospace and defense customers.

Media Contact

Matthew Parisi, Vitesse Systems, 1 5103993650, pr@vitessesys.com, vitessesys.com

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SOURCE Vitesse Systems

TORONTO, April 11, 2025 /CNW/ – Fintech Select Ltd. (the “Company”) (TSXV: FTEC) is pleased to announce that it has approved the issuance of Restricted Stock Units (RSUs) to members of its management team, board of directors, and employees, subject to approval by the Toronto Stock Exchange (TSX).

The RSU grants are part of the Company’s strategy to attract, retain, and reward high-performing individuals while aligning their interests with those of shareholders. The RSUs will vest over a one-year period, contingent on continued service and in accordance with the terms of the Company’s equity incentive plan.

In total, three million and two hundred thousand (3,200,000) RSUs have been granted and allocated to executive management, non-executive directors, and employees. Final issuance is subject to the receipt of all necessary regulatory approvals, including that of the TSX.

The RSUs were granted under the Company’s Equity Incentive Plan, which was previously approved by shareholders.

About Fintech Select Ltd.

Fintech Select is a provider of robust and disruptive Pre-Paid Card programs and e-wallet payment solutions. Fintech Select has enabled these core assets, which operate through separate divisions to work together harmoniously, to create a new and ubiquitous environment for consumers and businesses alike. Fintech Select also operates an international call centre that provides fulfillment and customer service support to customers across all the company’s platforms. Our mission is to provide customers with choice, convenience and cost-effective ways to facilitate traditional and crypto financial transactions.

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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information:
This news release contains “forward-looking information” within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments, such as the Company’s ability to align its interests with that of its key directors, officers and management, may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release. Fintech undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of its securities, financial or operating results (as applicable) or prospects as to the effective implementation of strategies or initiatives or future revenue levels. Fintech disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE Fintech Select Ltd.