OTTAWA, ON, May 22, 2025 /CNW/ – Intouch Insight Ltd, (“Intouch” or “the Company”) (TSXV: INX) (OTCQX: INXSF) a leader in customer experience measurement solutions, today announced financial results for the quarter that ended March 31, 2025.

Key highlights for Q1 2025

Net earnings before taxes of $289,254 an improvement of 414% from $69,804 in Q1 2024EBITDA of $557,748 in Q1 2025 compared to $343,843 Q1 of the prior yearRecurring services revenue remained constant with a 2% increase to $5,359,439 from $5,242,720 in Q1 2024Total revenue decreased 19% to $6,319,663 from $7,845,856 in Q1 2024 due to the elimination of low margin revenueGross margin dollars increased 4% in Q1 2025 to $3,190,515 from $3,067,682This is an 11% growth in the margin percentage to 50.5% from 39.1% due to the change in revenue mix

“We are thrilled with the strong results from our strategic decision to exit low-margin revenue streams from Q1 2024. This move led to an 11% improvement in gross margins, and we generated 4% more margin dollars than the previous year, even with lower overall revenue. Thanks to these gains and further cost efficiencies, we achieved over four times the profit,” said Cameron Watt, President & Chief Executive Officer of the Company.

“Looking ahead, we are energized by the opportunities to drive growth, regardless of external uncertainties. We continue to actively pursue new avenues for expansion in both recurring services and SaaS offerings as well as in the utilization of AI to create differentiation, automation, and cost improvements. Additionally, we are exploring opportunities to re-enter the merchandising business with a clear focus on delivering sustainable and profitable growth,” said Watt.

About Intouch Insight
Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America’s most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit intouchinsight.com.

Certain statements included in this news release contain forward looking statements that are made of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such statements reflect the Company’s current views with respect to future events, including the acquisition, future revenues and references to the Company’s expansion and growth of the business and operations, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR at www.sedar.com.   The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

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

SOURCE Intouch Insight Ltd.

Company to Relocate Berkeley Headquarters and Operations to Accelerate the Future of Agtech in the Midwest

BERKELEY, Calif., May 22, 2025 /PRNewswire/ — Pivot Bio, one of Fast Company’s World’s Most Innovative Companies and a three-time honoree in TIME magazine’s Best Inventions roundup, today announced another bold step in its growth strategy: the creation of centers of excellence based in the Midwest that will serve as anchors for the company’s scientific and commercial future.

The company’s new footprint will be centered in two hubs:

Center for Research, Development, Innovation & Operations – A dynamic campus focused on science, product development and manufacturing operations.
  Global Headquarters – A central base for the company’s leadership, finance, policy, communications, sustainability, global strategy and impact teams, which will continue driving the Pivot Bio mission.

This move reflects a significant milestone in Pivot Bio’s journey to reimagine the agricultural system through breakthrough science. Since launching its first microbial nitrogen product in 2018, the company’s technology has been adopted on nearly 15 million acres of farmland across North America, and is now in late-stage approval and launch in South America and Africa. The consolidation into these centers of excellence marks an inflection point for Pivot Bio as it scales its operations, strengthens cross-functional collaboration and accelerates the pace of scientific innovation. By aligning its teams more closely with customers and global partners, the company is building a more integrated and efficient operating model — designed to drive growth, unlock new market opportunities and deliver long-term value to shareholders.

Backed by the world’s top investment firms, the company is credited for its nitrogen moonshot and its patented gene-edited microbes that fix nitrogen on grain crops. Most importantly, the company delivered on that moonshot by commercializing this breakthrough in record time and accelerating its market leadership. What was once an idea is now a proven solution that produces and delivers nitrogen fertilizer more cheaply and effectively than traditional sources, improving resilience and performance of crops. 

“The Midwest has always been the heart of American agriculture, and it’s where many of our earliest customers and most trusted partners are based. As we scale, this region offers a strong center of gravity — rooted in the realities of the farm but connected to global opportunity,” said Chris Abbott, CEO of Pivot Bio.

“We’ve spent the past year evaluating how and where we work best together and what we need to achieve our future growth plans. A number of our team members from Berkeley will be relocating to help lead this next chapter. Throughout history, the most transformative technology companies have fueled innovation by placing R&D, manufacturing and leadership side by side. When those teams collaborate in real time, it creates a flywheel of insight, invention and execution. That’s exactly the environment we’re building — one that strengthens collaboration, accelerates impact and positions Pivot Bio to lead the future of ag innovation from the field to the world.”

The new structure is designed to promote tighter collaboration, faster decision-making, and greater use of emerging technologies such as artificial intelligence and machine learning. Together, these efforts aim to speed up product development and placement to deliver even greater value to growers.

As Pivot Bio expands into new crops like cotton and sorghum, and continues to scale globally, the company remains focused on helping farmers grow more with less, while building a more sustainable and resilient global food system.

“We’re building a future where farmers have access to the most advanced tools in agriculture. These centers of excellence will enable us to continue to build one of the most exciting platforms in agriculture,” Abbott said.

The company will begin transitioning its operations, including relocating from its current facility in Berkeley, California.

The company expects to add new jobs to its chosen locations. In recent years, Pivot Bio has expanded its presence in St. Louis, Missouri; Wayzata, Minnesota; and São Paulo, Brazil.

“Our roots in Berkeley have played an important role in shaping Pivot Bio into the company it is today, and we’re deeply proud of the people and the work that’s been done here,” said Karsten Temme, co-founder and chief innovation officer of Pivot Bio. “As we look to the future, we want to build an environment that supports deeper integration across our teams and unlocks the full potential of our innovation platform. This includes placing our teams in the ag innovation corridors, closer to customers and partners in the most important agricultural regions.”

Pivot Bio is currently evaluating multiple opportunities, focused on advancing its mission, ensuring access to top talent and supporting continued growth in service to farmers across the U.S. and around the world.

About Pivot Bio

Pivot Bio, one of the world’s leading innovative agtech companies, delivers to farmers patented crop nutrition technologies that harness the power of nature to reliably and productively grow the food the world needs in the face of increasing volatility. 

Currently available in North America and soon in Brazil, the company’s products are a breakthrough innovation and one of the agriculture industry’s most promising climate solutions. Pivot Bio has been recognized three times by TIME magazine on its annual list of best inventions, by Fast Company on its World Changing Ideas and World’s 50 Most Innovative Companies lists, by CNBC on its Disruptor 50 list of private companies, by Fortune on its Impact 20 list of startups driving social good and by MIT Tech Review as one of 15 climate tech companies to watch. 

For more information, visit pivotbio.com 

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SOURCE Pivot Bio, Inc

This month Rock West Composites published theoretical material properties and launched several calculators for estimating the performance of rods and tubes offered on its website. Fulfilling a common need for engineers shopping for composite products, these reference calculators can help estimate deflection, failure mode, and failure loads in a variety of common load cases.

SAN DIEGO, May 22, 2025 /PRNewswire-PRWeb/ — Rock West Composites (RWC) announces the publishing of engineering properties for most products and the launch of several calculators on its website for tubes and rods. This information will help engineers estimate deflection, failure mode, and failure loads in a variety of common load cases for several product types offered. By publishing theoretical properties alongside a tool that can give a sense of behavior in a variety of load cases, RWC will enable the customer to find the best off-the-shelf solution for their needs.

On individual product pages, customers will find a section called “Engineering Properties” that will include Young’s Modulus, Shear Modulus, Tensile Strength, Compressive Strength, Shear Strength, Coefficients of Thermal Expansion, Poisson’s Ratios, fiber layup, fiber type, resin type, and more. Laminate properties and mechanical calculations are based on Classical Lamination Theory and are provided for reference only.

The calculators on pages for most tubes and rods will enable calculations for the estimated performance of cantilevers, beams, axial loads, and critical speed and torque. These tools allow for several fields of input and return theoretical results for properties such as maximum shear stress and bending stress, deflection at load point, maximum deflection and location, change in length, twist angle, and maximum allowable torque.

The properties and calculators will give engineers everything that they need to design with RWC’s off-the-shelf products. While the information provided is only theoretical, RWC does offer formal testing services if customers elect to advance to that level of support. Eventually, RWC plans to expand its calculators to plates, panels, shaped tubes, and other products.

“Customer often reach out to find out how much weight a tube can hold, what amount of deflection they can expect, or to find out what the material properties are for a specific part so that they can run their own simulations. We are excited to provide this information online on the product pages themselves, alongside tools that allow them to quickly run calculations for common use cases,” said Josh Lyon, eCommerce Product Technical Lead.

About Rock West Composites

Rock West Composites is an employee-owned, advanced composites company. RWC develops, engineers, manufactures, and tests composite products for multiple industries including Space (bus structures; solar array panels and wings; launch vehicle structures; optical, payload and deployable structures), Aerospace & Defense (radomes, munitions, unmanned systems, reflectors), Aircraft (new and replacement parts) and Commercial Equipment (automation, medical, energy, and sporting). The company is also one of the largest ecommerce suppliers of off-the-shelf carbon fiber tubes, plates, materials, and accessories.

The company’s mission is to make customers more competitive with the magic of advanced composites by delivering highly differentiated products on time and on budget, all while making the buying process easy. Rock West Composites has locations in San Diego, California; Salt Lake City, Utah; and Baja California, Mexico.

www.rockwestcomposites.com

Media Contact

Julia Willis, Rock West Composites, Inc., 1 8585376260 109, marketing@1rockwest.com, Rock West Composites, Inc.

View original content to download multimedia:https://www.prweb.com/releases/rock-west-composites-website-offers-new-material-property-data-and-calculators-for-many-of-its-ecommerce-products-302461428.html

SOURCE Rock West Composites, Inc.