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Pando Electric Delivers “100% EV Charging Coverage At 70% Less Cost” To Large Multi-family Complex

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Woodland Creek HOA chooses Pando Electric to add universal chargers for every homeowner, at a market-defying price of less than $500 per unit fully installed.

SAN JOSE, Calif., Aug. 6, 2024 /PRNewswire/ — Pando Electric, an innovator in electric vehicle (EV) charging, is selected to install a comprehensive solution for the entire Woodland Creek Homeowners Association (HOA). Pando Electric’s integrated solution – combining hardware, software and service into a seamless ecosystem – will deliver smart and reliable charging to every property owner at the East Palo Alto, CA complex. 

“With our focus on cost-savings, energy efficiency and user experience, Pando Electric is uniquely suited to meet the EV charging needs of multi-family properties, including condominium and apartment buildings,” states Aaron Li, CEO and Founder of Pando Electric. “With our Woodland Creek HOA partnership, Pando Electric is delivering 100% EV charging coverage at 70% less cost: under $500 per station fully installed for every resident.” 

Li notes demand for EV charging is growing rapidly among multifamily building residents: 70% consider it a highly desirable amenity (AutoPacific, December 2023). Yet property owners face significant challenges in implementing charging solutions due to limitations in existing electric panel capacity and the high costs traditionally associated with installation. 

Pando Electric provides a powerful alternative: a universal, socket-based solution that streamlines set-up and utilizes existing 240-volt power. While installation costs are greatly reduced, EV owners experience high-speed Level-2 charging. In the case of the Woodland Creek HOA, these efficiencies led to the addition of more chargers. 

“After meticulous research and competitive bidding, Pando Electric was our clear choice for installing EV chargers,” says Tom Herbst, a Woodland Creek HOA owner and head of their EV charging committee. “With their pricing, we were able to expand our scope from a few shared charging units to full building coverage.”

The Woodland Creek installation is being implemented in collaboration with Peninsula Clean Energy (PCE). The project covers three buildings and 90 condominium units, completed in three phases to best accommodate residents and leverage PCE incentives. Upon completion, Pando Electric will continue 24/7 support to both building managers and residents. 

Additional benefits of Pando Electric: drivers connect using their own charging cable eliminating common “broken cord” issues; AI-enabled adaptive load management ensures optimal power efficiency; and convenient online and mobile tools provide turnkey administration for building managers and drivers alike.

About Pando Electric
Pando Electric is leading the way to a cleaner future with affordable, smart and efficient solutions compatible with all-electric vehicles. Purpose-built to serve multi-family properties and commercial spaces, the company delivers a turnkey ecosystem integrating hardware, software and service, to create a new standard in EV charging. Founded in 2023 and based in San Jose, CA, Pando Electric is recognized for its simple installation; near-zero maintenance; turnkey administrative tools; and AI-enabled energy efficiency. Find out more at www.pandoelectric.com

For more information contact Steve McKenzie at 773.388.6000 or smckenzie@tropospheremarketing.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/pando-electric-delivers-100-ev-charging-coverage-at-70-less-cost-to-large-multi-family-complex-302214497.html

SOURCE Pando Electric

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LivePerson Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

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NEW YORK, Dec. 30, 2024 /PRNewswire/ — LivePerson, Inc. (Nasdaq: LPSN) is providing confirmatory notice, in compliance with the requirements of Nasdaq Listing Rule 5635(c)(4), of recent grants of equity-based incentive awards that LivePerson made under the LivePerson Inc. 2018 Inducement Plan (the “Inducement Plan”).

LivePerson established the Inducement Plan for the purpose of providing equity-based incentive awards to new hires and has done so during active periods of hiring.  In December 2024, LivePerson granted an award of restricted stock units (“RSUs”) to 19 new employees in respect of 1,554,059 shares of LivePerson’s common stock.  608,000 of the RSUs vest in equal installments on the first and second anniversaries of the date of grant, 401,472 of the RSUs vest in full six months after the date of grant, and 544,597 of the RSUs vest in full three months after the date of grant. 

All of the RSUs are subject to the grantee’s continued employment on the scheduled vesting date. Each RSU award that was granted under the Inducement Plan was granted as an inducement that was material to the grantee’s entering into employment with LivePerson.

About LivePerson, Inc.
LivePerson (NASDAQ: LPSN) is a leader in trusted enterprise conversational AI and digital transformation. The world’s leading brands — including HSBC, Chipotle, and Virgin Media — use our award-winning Conversational Cloud platform to connect with millions of consumers. We power nearly a billion conversational interactions every month, providing uniquely rich data analytics and safety tools to unlock the power of conversational AI for better business outcomes. Fast Company named LivePerson the #1 Most Innovative AI Company in the world. Learn more at liveperson.com.

Investor Contact:
ir-lp@liveperson.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/liveperson-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-302340328.html

SOURCE LivePerson, Inc.

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Anterix Announces Tom Kuhn as Chairman of the Board of Directors as Morgan O’Brien Retires After More Than 12 Years on the Board

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WOODLAND PARK, N.J., Dec. 30, 2024 /PRNewswire/ — Anterix (NASDAQ: ATEX) (“the Company”) announced today utility industry veteran Tom Kuhn as Chairman of the Anterix Board of Directors, effective January 1st, as the end of 2024 marks the anticipated retirement of Morgan O’Brien as Executive Chairman of the Anterix Board after more than 12 years with the Company. O’Brien will continue as an advisor.

“Anterix and our nation’s utilities have benefited greatly from Morgan’s tremendous leadership and counsel during his tenure and his impact on the Company cannot be overstated,” said Tom Kuhn, Vice Chairman of the Board. “I am honored to be named Chairman of the Board during this important time in the Company’s evolution and look forward to supporting the Company’s efforts to drive significant growth and value creation for the benefit of all Anterix stakeholders.” 

“Morgan has been a true thought leader in our industry. On behalf of the Board and management team, I want to extend our sincere gratitude to him for his steadfast leadership and innovative vision,” said Scott Lang, Anterix President and Chief Executive Officer. “I also want to congratulate Tom on his new role, and I look forward to working with him and the rest of the Board to realize the next chapter of the Company.”

“The last 12 years have been an amazing journey. As a result of the success Anterix has already achieved, the Company is well positioned to continue in its mission of transforming our nation’s energy sector with the power of connectivity,” said Morgan O’Brien. “I am confident that under the leadership of Scott Lang and Tom Kuhn, the Company will achieve great results.”

Kuhn has served on Anterix’s Board of Directors since January 2024 and prior to that spent more than thirty years as President and CEO of the Edison Electric Institute (“EEI”), the trade association representing U.S. investor-owned electric utilities.

O’Brien has served as an executive leader with the company for more than 12 years in roles spanning from President and CEO of the Company to Executive Chairman of its Board of Directors.

About Anterix Inc. 

At Anterix, we work with leading utilities and technology companies to harness the power of 900 MHz broadband for modernized grid solutions. Leading an ecosystem of more than 100 members, we offer utility-first solutions to modernize the grid and solve the challenges that utilities are facing today. As the largest holder of licensed spectrum in the 900 MHz band (896-901/935-940 MHz) throughout the contiguous United States, plus Hawaii, Alaska, and Puerto Rico, we are uniquely positioned to enable private LTE solutions that support cutting-edge advanced communications capabilities for a cleaner, safer, and more secure energy future. To learn more and join the 900 MHz movement, please visit www.anterix.com.

Shareholder Contact 

Natasha Vecchiarelli
Vice President, Investor Relations & Corporate Communications
Anterix
973-531-4397
nvecchiarelli@anterix.com

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SOURCE Anterix Inc.

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Capital Group Canada Announces Final Cash Distributions for the Capital Group Canada ETFs (CAPG, CAPI, CAPM, CAPW)

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TORONTO, Dec. 30, 2024 /CNW/ – Capital International Asset Management (Canada), Inc. (“Capital Group Canada”) today announced the final December 2024 cash distributions for the Capital Group Canada ETFs listed below.

Unitholders of record on December 30, 2024, will receive cash distributions payable on January 3, 2025. Please be advised that the distributions announced in this press release replace those stated in the December 19, 2024, press release for these funds.

Details of the “per unit” distribution amounts are as follows:

Capital Group Canada ETF

Ticker
symbol

Distribution
per unit ($)

CUSIP

ISIN

Payment
frequency

Capital Group Global Equity
Select ETF™ (Canada)

CAPG

0.003119

14021V107

CA14021V1076

Annually

Capital Group International
Equity Select ETF™ (Canada)

CAPI

0.017656

14021W105

CA14021W1059

Annually

Capital Group Multi-Sector
Income Select ETF™ (Canada)

CAPM

0.142857

14021Y101

CA14021Y1016

Monthly

Capital Group World Bond
Select ETF™ (Canada)

CAPW

0.109468

14021X103

CA14021X1033

Monthly

For more information on the Capital Group Canada ETFs, visit: www.capitalgroup.com/ca/en

About Capital Group

Capital International Asset Management (Canada), Inc. is part of Capital Group, a global investment management firm originating in Los Angeles, California. Since 1931, the Capital Group organization has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability. As of September 30, 2024, Capital Group manages more than US$2.8 trillion in equity and fixed income assets for millions of individual and institutional investors around the world.

Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital Group organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.

Commissions, management fees and expenses all may be associated with investments in investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated.

SOURCE Capital Group Canada

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