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CIB invests $337 million towards hydrogen production and refuelling network in Western Canada

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Partnership enables HTEC’s H2 Gateway program, an emerging hydrogen infrastructure ecosystem

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HTEC to build a by-product hydrogen liquefaction facility and three new hydrogen production facilities to expand Canada’s low carbon fuel supply capacity.Investment will bring up to 20 hydrogen refuelling stations online in British Columbia and Alberta, more than doubling the amount of refuelling stations in Canada.Supports the heavy-duty transportation sector in adopting hydrogen-fuelled vehicles.Estimated to generate more than 280 full-time jobs over the construction and operations phases.

VANCOUVER, BC, May 24, 2024 /CNW/ – The Canada Infrastructure Bank (CIB) and HTEC, a Vancouver-based designer, builder, owner and operator of hydrogen supply solutions, are partnering to accelerate the deployment of hydrogen production and refuelling infrastructure. Joining the CIB and HTEC today at the announcement were representatives from the Government of British Columbia and Government of Canada.

The CIB’s $337 million loan will expedite and expand HTEC’s operations in British Columbia and Alberta. The investment will contribute to the implementation of HTEC’s full-service, sustainable fuel supply chain focused on reducing emissions in the transportation sector, called H2 Gateway.

HTEC plans to build and operate an interprovincial network of up to 20 hydrogen refuelling stations to support the deployment of fuel cell vehicles and advance greener transportation solutions. The refuelling stations will be supported by three new hydrogen production facilities located in Burnaby, Nanaimo and Prince George, and a facility that liquefies 15 tonnes per day of vented by-product hydrogen in North Vancouver. It is estimated that more than 280 full-time jobs will be created to build, operate and support the hydrogen infrastructure.

Hydrogen fuel cell vehicles can travel long distances and have relatively short refuelling times, presenting a unique opportunity to decarbonize the commercial trucking sector. As part of this investment, 14 of the 20 new stations will enable the refuelling of up to 300 heavy duty vehicles per day.

Once fully operational, it is forecasted transportation sector greenhouse gas emissions will be reduced by approximately 133,000 tonnes annually.

H2 Gateway, an estimated $900 million program is focused on building hydrogen transportation ecosystems, driving which drives adoption of hydrogen as a transportation fuel in targeted regional hubs.

The CIB’s financing will help accelerate the implementation of hydrogen technology and help mitigate uncertainty in the rate and pace of hydrogen adoption, which have historically been barriers to private investment in sustainable fuel production and infrastructure. 

The partnership represents the third investment through the CIB’s Charging and Hydrogen Refuelling Infrastructure (CHRI) initiative, which is focused on expanding the private sector’s rollout of large-scale charging and hydrogen refuelling infrastructure.

The CIB’s investment builds on previous support HTEC has received from Canada to advance clean transportation, including $5 million from PacifiCan’s Business Scale-up and Productivity funding and $3 million from Natural Resources Canada’s Zero Emissions Vehicle Infrastructure Program for its 2-tonne-per-day low-carbon hydrogen production and liquid transfer facility in Burnaby, BC.

Endorsements

Our partnership creates the right conditions for HTEC to expand its operations aimed at reducing greenhouse gas emissions in the transportation sector. By investing in hydrogen production, distribution, and refuelling infrastructure, we are accelerating the deployment of this sustainable fuel solution. New partnerships in this emerging sector will help increase domestic hydrogen production and ensure Canada is economically competitive in a decarbonizing world.
Ehren Cory, CEO, Canada Infrastructure Bank

Unlocking the potential of clean hydrogen is an essential step in decarbonizing and growing a prosperous, clean economy in Canada. It is also essential for Canada, as a country with over 100 years of experience in hydrogen innovation and proven global leadership in the energy space, to assist our democratic allies as they decarbonize and enhance their energy security. As outlined in our Hydrogen Progress Update, remarkable advancements have been made to the hydrogen landscape in Canada since the release of our Hydrogen Strategy in 2020. Today’s CIB announcement is a further testament to this federal government’s support for sustainable energy innovation in the race to net zero.
The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources

The CIB’s Charging and Hydrogen Refuelling Infrastructure initiative focuses on transitioning Canada towards a sustainable fuel infrastructure ecosystem. HTEC, based right here in British Columbia, is developing innovative methods to reduce greenhouse gas emissions in the heavy-duty transportation sector. This investment will support Canada in reaching its net-zero emissions target by 2050, generate jobs in Burnaby and across western Canada, and enhance how Canadians travel.
The Honourable Terry Beech, Minister of Citizens’ Services and Member of Parliament for Burnaby North-Seymour.

Producing clean fuels like hydrogen right here in B.C. to replace diesel use for transportation helps to reduce harmful pollution, while creating new jobs and opportunities in the clean economy. By supporting innovative projects like H2 Gateway, we can ensure that BC remains a world-leader and attracts new investment in the growing clean economy.
Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation for British Columbia

The H2 Gateway vision for HTEC is now being realized. With the CIB’s strategic investment, we are poised to establish highly sustainable hydrogen ecosystems that will drive the adoption of zero-emission transportation and support larger regional hydrogen hubs. An investment of this magnitude signals confidence in HTEC and the network of dedicated partners delivering safe, low-carbon energy solutions, putting Canada on the map.
Colin Armstrong, President and CEO, HTEC

HTEC
HTEC works across the clean hydrogen value chain, developing, integrating and operating clean hydrogen energy solutions in strategic North American markets to enable the transportation sector’s transition to a low-carbon future. The company designs, builds, owns and operates hydrogen fuel production, infrastructure and supply solutions to support the deployment of hydrogen electric light-medium- and heavy-duty transportation. For more information, visit htec.ca

SOURCE Canada Infrastructure Bank

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Quarterhill Awarded High-Speed Weigh-In-Motion Prescreening Contract in Belgium

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The new WIM station will assist Brussels Mobility in achieving its goals of improving road safety and creating a fair regulatory environment by reducing the number of overloaded vehicles on the roads of the Brussels region.Traffic data provided by the system will support Brussels Mobility’s mission to foster economic growth and improve quality of life through the development of transport infrastructure.

TORONTO, Jan. 10, 2025 /PRNewswire/ – Quarterhill Inc. (“Quarterhill” or the “Company”) (TSX: QTRH) (OTCQX: QTRHF), announced today a contract to provide weigh-in-motion (“WIM”) technology to Brussels Mobility through a joint project with Belgium-based technology integrator Jacops NV (“Jacops”). Quarterhill will be responsible for the design and supply of the WIM subsystem, technical support, and training. Quarterhill will also provide Jacops with the software necessary for commercial vehicle monitoring and enforcement.

Quarterhill will supply the WIM system for the Brussels-Capital Region weigh station, which will be used to pre-select overloaded vehicles for enforcement. The dynamic weighing station will promote and improve the efficiency of inspections by screening vehicles at highway speeds in advance of the law enforcement inspection site. In addition, the weigh station will generate data that provides an accurate, real-time picture of the vehicles on the E19 highway.

The system’s goal is to reduce the number of overloaded vehicles on the Brussels Region’s roads. Overloading causes many problems, such as rapid road deterioration, more serious accidents, and unfair competition between transport companies. Quarterhill’s technology mitigates these issues by screening for overweight vehicles while optimizing the use of enforcement resources.

“We are excited at the prospect of introducing our advanced enforcement technology to Brussels Mobility and expanding our presence in Europe,” said Chuck Myers, CEO of Quarterhill. “Together with Jacops, we will deploy a state-of-the-art high-speed WIM system that will make Belgian roads safer and more sustainable. We have a longstanding relationship with Jacops as a customer for our microwave sensor products, and this project demonstrates how having a broad portfolio of traffic technologies and established relationships with traffic system integrators leads to further opportunities.”

The weigh station will monitor four lanes of one-way traffic on the highway and record data on vehicle classification and vehicle tax without impeding traffic. An overview camera provides images to help enforcement personnel clearly identify vehicles flagged by the system. An Automated Number Plate Reader system will photograph, recognize, store, process, and transmit the number plates of vehicles approaching the dynamic weighing station.

Quarterhill’s iSINC WIM controller was selected for the project as it offers preselection of overweight vehicles, creates comprehensive vehicle records, classifies vehicles, and meets the desired standards for continual uptime monitoring and ease of service. iSINC’s versatility allows it to control a wide array of sensors, cameras, dimensioning systems, communication systems, and custom equipment.

WIM sensors that comply with the accuracies outlined in the Nmi International WIM standard Specification and test procedures for WIM Systems will be installed at the site. The WIM sensors meet the lane width specifications and provide high durability, stable output over time, and IP68 water resistance.

Quarterhill will advise Jacops on the design and placement of the WIM system components to ensure optimal operation, including onsite technical support for installation, testing, and initial calibration. Quarterhill will also provide Jacops with thorough training on the WIM components and system calibration. Over the 2-year warranty period, Quarterhill will provide remote diagnostics and technical support to ensure continuous uptime and optimal performance.

“This project shows that Quarterhill’s technology is well suited to the precise needs of European agencies. We are set to elevate road safety and integrity in the region, reinforcing our expanding footprint in this important market,” stated Heimo Haub, Managing Director, Quarterhill Europe.

About Quarterhill
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. Our goal is technology-driven global leadership in ITS, via organic growth of our tolling and enforcement businesses, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: www.quarterhill.com.

Forward-looking Information
This news release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Such forward-looking statements relate to future events, conditions or future financial performance of ‎Quarterhill based on future economic conditions and courses of action. All statements other ‎than statements of historical fact may be forward-looking statements. Such forward-looking statements ‎are often, but not always, identified by the use of any words such as “seek”, “anticipate”, “budget”, ‎‎”plan”, “goal”, “expect” and similar expressions.

Forward-looking statements involve known and unknown risks, assumptions, ‎uncertainties and other factors that may cause actual results or events to differ materially from those ‎anticipated in such forward-looking statements. Material risk factors that could cause actual results to differ materially from the forward-looking statements contained in this news release include, among others, demand for Quarterhill’s products and services; general economic and market conditions; competition; risks relating to technological advances and cyber-security; and other risks set forth in the Company’s most recent annual information form available on SEDAR+ at www.sedarplus.ca. The Company believes the expectations reflected in ‎the forward-looking statements are reasonable, but no assurance can be given that these expectations ‎will prove to be correct and such forward-looking statements included in this news release should not be ‎unduly relied upon.‎ Material factors and assumptions used to develop the forward-looking statements contained in this news release include, among others: Quarterhill’s ability to execute on its business plan; demand for Quarterhill’s products and services; operating assumptions; and financial projections and cost estimates. Quarterhill has no intention, and undertakes no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View original content:https://www.prnewswire.com/news-releases/quarterhill-awarded-high-speed-weigh-in-motion-prescreening-contract-in-belgium-302347610.html

SOURCE Quarterhill

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ez1099 2024 Edition Tax Preparation Software for 2025 Tax Season Is Available for Electronic Filing

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REDMOND, Wash., Jan. 10, 2025 /PRNewswire/ — Designed for US business owners, tax professionals and entrepreneurs, the latest ez1099 tax form software from Halfpricesoft.com is easy to navigate and streamline processing unlimited forms for multiple companies for one flat rate.  The latest edition of ez1099 supports paper form printing, pdf printing and efile feature. It also comes with a recipient data import feature from the spreadsheet and QuickBooks IIF file.

 

“ez1099 2024 software is now available for business owners and tax professionals to print and file 1098’s and 1099’s, seamlessly.” Dr. Ge, Founder of Halfpricesoft.com, says.

ez1099 software streamlines the preparation, printing, and e-filing of essential IRS forms, including W2G, 1097BTC, various 1098 forms (1098, 1098C, 1098E, 1098F, 1098Q, 1098T), numerous 1099 forms (1099A, 1099B, 1099C, 1099CAP, 1099DIV, 1099G, 1099INT, 1099K, 1099LTC, 1099MISC, 1099NEC, 1099OID, 1099PATR, 1099Q, 1099QA, 1099R, 1099S, 1099SB, 1099SA), 5498 forms (5498, 5498ESA, 5498QA, 5498SA), as well as 8935, 3921, 3922, and 1096 forms.

Cost is only $79 per installation for the basic version of ez1099 Software or $139 per installation for the advanced version with bulk printing feature, import feature, PDF file creation and electronic filing capability. Also offered in a network version for two or more installations starting at $199 to enable sharing data between computers or offices.

ez1099 is compatible with Windows 11, 10, and 8.  It can also run on Windows Vista system, 7, and MAC machines (Mac can run the system only if installed with Bootcamp).

The features in the latest version ez1099 software include but are not limited to:

electronically file unlimited forms to the IRS with one flat rateez1099 blank paper prints out recipient copiesPrint in bulk for faster processingQuick data importing featureCustomers can save even more time by compiling and saving form data for later use and modificationSupport unlimited accounts and unlimited recipients at no additional chargeGo green with optional PDF document converting and e-file (electronic filing) featuresFeature to process correction forms included

Starting at $79.00 for the print and mail version and $139.00 to electronically file. Halfpricesoft.com welcomes all clients to begin the no obligation thirty-day test drive today at https://www.halfpricesoft.com/1099_software.asp#purchase

About halfpricesoft.com

Halfpricesoft.com is a leading provider of small to midsize business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software, 1095 ACA form software and ezACH direct deposit software. Software from halfpricesoft.com is trusted by thousands of customers for over 20 years and will assist business owners simplify payroll processing and streamline business management.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ez1099-2024-edition-tax-preparation-software-for-2025-tax-season-is-available-for-electronic-filing-302340859.html

SOURCE Halfpricesoft.com

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The New York Stem Cell Foundation Research Institute Enters Agreement to Accelerate Precision Drug Discovery for Neurodegenerative Disease

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Partnership Will Harness NYSCF’s Automated Cell Culture Systems and Artificial Intelligence Capabilities to Study Disease at an Unprecedented Cellular Level

NEW YORK, Jan. 10, 2025 /PRNewswire/ — The New York Stem Cell Foundation (NYSCF) Research Institute today announced they have entered into an agreement with Janssen Research & Development, LLC, a Johnson & Johnson company, to use NYSCF’s AI-powered platform for drug discovery to target neurodegenerative disease. This initiative brings together NYSCF’s advanced robotic systems for stem cell research and J&J’s expertise in drug discovery and data science to unlock novel disease insights and accelerate the development of more effective and tailored treatments.

NYSCF has developed proprietary automation technology that enables large-scale, reproducible disease modeling and drug screening using patient-derived stem cells. By combining high-content cell imaging with machine learning-driven analysis, NYSCF’s platform can reveal previously undiscovered disease phenotypes and therapeutic targets leading to the development of novel therapeutic approaches. This versatile platform is adaptable to a wide range of cell types and diseases, making it uniquely positioned to advance precision medicine for patients.

“This work with Johnson & Johnson allows us to integrate our cutting-edge stem cell automation and AI platform with their deep expertise in therapeutic development,” said Jennifer J. Raab, President and CEO of NYSCF. “Together, we look forward to accelerating the discovery of innovative treatments for patients affected by devastating neurodegenerative disease.”

About The New York Stem Cell Foundation Research Institute
The New York Stem Cell Foundation (NYSCF) Research Institute is an independent non-profit organization accelerating cures and better treatments for patients through stem cell research. The NYSCF Research Institute is an acknowledged world leader in stem cell research and in the development of pioneering stem cell technologies, including the NYSCF Global Stem Cell Array®, which is used to create cell lines for laboratories around the globe. NYSCF focuses on translational research in an accelerator model designed to overcome barriers that slow discovery and replace silos with collaboration. For more information, visit nyscf.org.

CONTACTS:
David McKeon
212-365-7440
dmckeon@nyscf.org

Chris Taylor
chris@christaylorpr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-new-york-stem-cell-foundation-research-institute-enters-agreement-to-accelerate-precision-drug-discovery-for-neurodegenerative-disease-302347569.html

SOURCE The New York Stem Cell Foundation

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