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IBM Unveils New Flagship Office at One Madison Avenue in New York City

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New location reaffirms IBM’s commitment to the growing technology industry ecosystem of New York City and State

NEW YORK, Sept. 6, 2024 /PRNewswire/ — IBM (NYSE: IBM) today celebrated the opening of its new flagship office at One Madison Avenue, marking a significant milestone for the New York-based global technology company. The ribbon cutting ceremony featured remarks from IBM Chief Executive Officer Arvind Krishna, Senate Majority Leader Chuck Schumer, New York Governor Kathy Hochul, President and CEO of the Partnership for New York City Kathryn Wylde and others, as they welcomed IBM employees, partners and community members.

“One Madison Avenue demonstrates a new chapter in the partnership between IBM and the city and state of New York. It joins a long tradition of IBM contributions to New York’s thriving technology industry, including our deep partnerships with academic and research institutions across the state,” said Krishna. “This move will allow us to bring our employees, clients and partners together to work on exciting technologies, from enterprise AI to hybrid cloud to quantum.”

“IBM’s new flagship office in New York is the latest sign that our post-pandemic economy is roaring back to life,” said Governor Hochul. “Since its founding in Endicott in 1911, IBM has been synonymous with science and technology, creating thousands of jobs and boosting economic growth. Innovators, scientists and coders from across the globe are flocking to New York, and we look forward to the next century of success.”

“With IBM’s new office at One Madison, the future is bright for IBM, for New York City, and for our entire state,” said Senator Schumer. “It’s a new chapter for IBM in NYC that will support thousands of jobs and contribute to the incredible growth of the tech industry in New York City. I’m proud to support IBM’s new investments to reimagine this wonderful, historic building and position New York to be a leader in innovation. I will work relentlessly to make New York City—and all of our state—a leading hub for AI, semiconductor chips, quantum computing, and more.”

“New York City’s economy is stronger than ever, and we’re creating more jobs and opportunities for New Yorkers every single day,” said New York City Mayor Eric Adams. “With yet another global-leading company doubling down on its commitment to New York City, we are continuing to build the foundation for a more prosperous, equitable, and affordable future for New Yorkers across the five boroughs. Thank you to IBM for your belief in our city, and congratulations on this opening.”

“IBM as a company has been the anchor of New York City’s fastest growing industry – the tech sector – our greatest source of new talent,” said Wylde. “The company has played a huge role in the positive trajectory of the city and they are an important source of support to all our member companies keeping New York a global commercial center. Whether it’s the work they do for our municipal government, state government, or the education system, across the board they have been the innovation center for the public sector as well as the private sector.”

Located at the southeast corner of Madison Square Park, the new 270,000 square-foot IBM office spans five floors of One Madison Avenue – owned and managed by SL Green Realty Corp. – and will be home to more than 2,000 New York-area employees. IBM enlisted global architecture and design firm Gensler to co-create an agile, state-of-the-art workspace that facilitates collaboration, fuels productivity and spotlights innovation.

Employees, guests and the community will be welcomed into One Madison Avenue through an expansive street-level lobby, featuring floor-to-ceiling windows and a 40-foot-long Quantum Wave light sculpture, prominently displayed as a symbol of emerging and future technology. An escalator leads to the second-floor reception space, where the circular IBM “Blue Bar” serves as a gathering space overlooking Madison Square Park, and the 22,000 square-foot Innovation Studio brings IBM’s latest technology to life through immersive experiences.

Workspaces were purposefully designed to meet the evolving needs of IBM employees and future talent. A variety of different environments have been incorporated throughout – including individual zones (independent work), collaboration zones (meet and congregate) that can accommodate groups of three to 300, and community zones (unwind, reset, socialize) – offering flexibility and choice.

Sweeping park and city views are a focal point of the interior across all five floors, bringing the beauty and energy of the neighborhood inside, while a 25,000 square-foot outdoor terrace features pollinator gardens with over 40 different plant species – 50% of which are native to the region. Positioned to be among the most notable adaptive reuse projects of present-day New York, the LEED Gold CI certified building will utilize IBM solutions including Maximo and Envizi to track, analyze and report sustainability progress.

According to Marc Holliday, Chairman and CEO, SL Green Realty Corp., “IBM is a global technology innovator leading the way in AI, automation and cloud-based solutions. It embodies resiliency, grit and the spirit of progress and constant transformation. One Madison Avenue tracks the history and evolution of New York City and of IBM. We couldn’t be more proud to be home to their new flagship New York City office.”

“The One Madison Avenue workplace hub was designed as an innovation engine and community forum that will extend IBM’s legacy as a leader in New York City’s digital economy,” said Amanda Carroll, Managing Director, Gensler. “Embedded in the heart of Manhattan’s Silicon Alley, One Madison Avenue is an empowering platform for IBM’s employees and clients to connect, create and innovate on some of the world’s most complex technological problems.”

One Madison Avenue consolidates previously held IBM offices across New York City, bringing employees together in one centralized hub. It is expected to achieve full occupancy in October 2024.

Additional Statements on the Opening of IBM’s Office at One Madison Avenue

Joanne Wright, Senior Vice President, Transformation and Operations, IBM
“In designing One Madison Avenue, we set a bold vision to create a vibrant, innovative, and inclusive work environment. Today, we’re unveiling a modern workplace experience in the era of AI, inspiring a culture of collaboration and innovation that drives growth and prosperity for clients, partners and IBM.”

Sheena Wright, First Deputy Mayor of New York City
“The opening of IBM’s new flagship office is further indication of New York City’s strength as a center for global commerce. The continued commitment from businesses to our city, whether it be international corporations or budding entrepreneurs, further galvanizes our economy and creates more career opportunities for New Yorkers.”

Andrew Kimball, New York City Economic Development Corporation (NYCEDC) President and CEO
“IBM’s commitment to deepen its roots here in New York City reaffirms that the city’s tech sector is unlike any other with its diverse economy, talent pool, innovation ecosystem, and vibrant culture, making it the ideal location for new and established companies to flourish. IBM’s brand-new office space at One Madison Avenue in the Flatiron district will undoubtedly contribute to the city’s robust tech ecosystem and dynamic economy.”

B.J. Jones, “New” New York Executive Director
“IBM’s new flagship office generates economic opportunity and vibrancy, enhancing the live-work-play power of the Flatiron and NoMad neighborhoods. In creating a place where people want to work, IBM is further making our city the place where people want to be.”

Maria Torres-Springer, Deputy Mayor for Housing, Economic Development and Workforce
“IBM’s new flagship office at One Madison only deepens New York City’s strength as one of the greatest tech ecosystems in the world. IBM’s footprint in the area will undoubtedly help to shape the future of Midtown, complementing the City’s work to create affordable housing and making the area into a truly 24/7 mixed-use neighborhood.”

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media Contact
Jessica Chen
IBM Communications
jessicachen@ibm.com

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SOURCE IBM

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BOLLINGER MOTORS PARTNERS WITH NATIONAL AUTO FLEET GROUP FOR GOVERNMENT FLEET VEHICLE SALES

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November 15, 2024

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Bollinger B4 Class 4 Electric Trucks Provide Electrification Solution Through NAFG Sourcewell Contract Agreement

OAK PARK, Mich., Nov. 15, 2024 /PRNewswire/ — Bollinger Motors, Inc., a commercial electric vehicle (“EV”) manufacturer, today announced it has partnered with National Auto Fleet Group (NAFG) to sell its all-electric Class 4 Bollinger B4 commercial trucks to government agencies through NAFG’s Sourcewell-awarded contract #032824-NAF.

“Bollinger Motors is excited to work with National Auto Fleet Group to bring the Bollinger B4 to one of our most important customer groups, government entities at all levels,” said Jim Connelly, chief revenue officer of Bollinger Motors. “Government agencies and municipalities are often early adopters for electrification and electric vehicle fleets. We look forward to partnering with NAFG, and their history of bringing innovative products and solutions to this important segment.”

The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input. The vehicle has a range of 185 miles and a payload of 7,394 lbs. Bollinger’s unique chassis design protects the 158-kwh battery pack and components to offer unparalleled capability, performance and safety in the commercial market. The Bollinger B4 is an excellent fit for commercial and government/municipal fleets looking for a world-class truck, capable of performing a variety of job functions.

“At National Auto Fleet Group, we take pride in helping municipalities find and manage their fleet vehicles,” said Ben Rodriguez, HD Manager of National Auto Fleet Group. “The Bollinger B4 is an excellent addition to our vehicle portfolio and will help fill a key product need for multiple government organizations developing electrification strategies.”

Sourcewell is a self-sustaining government organization, with more than 40 years of dedicated service helping government, education, and nonprofit agencies operate more efficiently through a variety of solutions. NAFG is a vehicle vendor catering to government agencies and municipalities across the country. The agreement with NAFG provides Bollinger Motors a conduit to winning more government contracts.

Bollinger Motors has passed numerous milestones in the past several months, including:

Its production launch on Sept. 16;Regulatory achievements including FMVSS compliance, receiving the Certificate of Conformity from the Environmental Protection Agency, and CARB certification;A 145-vehicle agreement with Momentum Group;A 70-vehicle agreement with Doering Fleet Management;A 50-vehicle agreement with EnviroCharge;The addition of Anderson Motors, TEC Equipment, Affinity Truck Center, Nacarato Truck Centers, Nuss Truck & Equipment, and LaFontaine Automotive Group as dealers and service centers;Working with Our Next Energy in Novi, Michigan, to supply battery packs;Providing a full warranty coverage of the B4 chassis cab; and,Announcing Syncron as its warranty administration partner and Amerit Fleet Solutions as its mobile service provider.

ABOUT BOLLINGER MOTORS

Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a U.S.-based company headquartered in Oak Park, Mich. Bollinger Motors is developing all-electric commercial chassis cab trucks, Classes 4-6. In September of 2022, Bollinger Motors became a majority owned company of Mullen Automotive, Inc. (NASDAQ: MULN). Learn more at www.BollingerMotors.com and www.MullenUSA.com.

FORWARD-LOOKING STATEMENT

Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Bollinger Motors and are difficult to predict. Examples of such risks and uncertainties include: (a) Bollinger Motors’ continued partnership with NAFG and NAFG’s ability to sell Bollinger Motors vehicles; (b) Bollinger Motors’ ability to finalize a sales agreement with Momentum Group, Doering Fleet Management, and EnviroCharge and deliver purchased vehicles on schedule; (c) Bollinger Motors’ continued partnership with Nacarato Truck Centers, TEC Equipment, Affinity Truck Center, Nuss Truck & Equipment, and LaFontaine Automotive Group; (d) Bollinger Motors’ continued partnership with Our Next Energy as a battery supplier; (e) Bollinger Motors’ continued relationship with Syncron as its warranty administration provider; and (f) Bollinger Motors’ continued relationship with Amerit Fleet Solutions as its mobile service provider.

Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Motors’ ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Motors’ ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Motors’ ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Motors’ ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Bollinger Motors’ business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Motors’ business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Motors’ business; (x) Bollinger Motors’ ability to protect its intellectual property; (xi) the vehicles developed will perform as expected and (xii) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Mullen Automotive, Inc., of which Bollinger Motors is a partially owned subsidiary, with the Securities and Exchange Commission. Bollinger Motors anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Bollinger Motors assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether because of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Bollinger Motors’ plans and expectations as of any subsequent date.

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SOURCE Bollinger Motors

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Furniture.com Launches Deal Finder to Help Shoppers Find Every Single Furniture Deal Online and In-Store this Holiday Season

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November 15, 2024

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Furniture.com’s Deal Finder will source the best deals in furniture

ATLANTA, Nov. 15, 2024 /PRNewswire/ — Furniture.com, today announced the launch of its Deal Finder, a feature designed to connect shoppers with the best furniture and home goods deals online and in their neighborhoods. Deal Finder is the first of many shopper experience tools that Furniture.com will unveil as it grows in the US market.

About the Deal Finder
The Deal Finder aggregates every furniture deal and promotion from recognizable and trusted brands so customers don’t have to worry about finding the best deals in furniture. Customers easily input their location and find the most relevant deals online and near them.

By utilizing advanced algorithms and real-time data analytics, The Deal Finder will match shoppers with furniture that feels like them, is from a brand they trust, and is nearby.  By bridging the gap between consumers and retailers, and clearing out the unnecessary pop-ups and wild goose chases, Deal Finder will empower users to discover discounts and exclusive offers all while finding incredible design.

Shoppers will find deals from brands like One Kings Lane, Rooms To Go, Lamps Plus and more. To start shopping for better deals this holiday season, check it out here.

The Deal Finder is Part of Furniture.com’s Larger Plan to Re-invigorate Furniture Buying for Everyone.
Searching for furniture can be stressful and furniture buying has long been a point of contention for shoppers: 90% of furniture buyers prefer to test out furniture in-person before making a decision while 74% of buyers start the furniture search online. Furniture.com presents buyers with the tools they need to whittle down their furniture search process so that they can make their decisions faster and more confidently.

“Finding the best deal can be overwhelming. Our Deal Finder will help shoppers in a plethora of ways: from cutting down on hours spent online, to finding local furniture they can actually try out, to making sure they are getting the best deals,” said Alex Seaman, SVP and Co-Founder at Furniture.com “With Deal Finder, we are redefining the shopping experience by ensuring that every consumer can find the products they love without the hassle of endless searching.”

Furniture.com uses intuitive tech, AI, and location-based information to help shoppers find better deals and ultimately, the furniture they crave. The platform is set to transform the way consumers shop, making the furniture buying experience easier, more enjoyable and affordable.

“At Furniture.com, we’re focused on innovating the shopping experiences for retailers and consumers alike,” said Dan Bennett, Chief Marketing Officer at Furniture.com. “We’re committed to revolutionizing how we visualize, experience and purchase from brands in the home goods space and Deal Finder is just the beginning.”

About Furniture.com
Furniture.com is a high-growth technology business that is addressing fundamental challenges in the $200 billion U.S. furniture space. We have one mission: Make finding furniture easy and enjoyable. We have built an advanced discovery tool that facilitates, enhances, and streamlines the furniture purchase journey — both for B2C and B2B. Consumers can search across dozens of brands and thousands of products using our proprietary algorithm, AI tools, and comparison filters to find exactly what they’re looking for. For retail partners, we deliver a digital platform that’s been proven to expand their reach with a new, high-intent furniture audience.

Our team is comprised of world-class furniture experts, technologists, and brand builders. We are data-driven, solution-oriented, and general enthusiasts of beautiful designs and experiences. You can find us in one of our two offices, located in Atlanta and NYC.

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SOURCE Furniture.com

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CaloPal: The Calorie AI Assistant That Makes Weight Loss Easier

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57 minutes ago

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November 15, 2024

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NEW YORK, Nov. 15, 2024 /PRNewswire/ — As the focus on healthy lifestyles grows worldwide, CaloPal introduces a groundbreaking AI-powered calorie tracking assistant, providing global users with a simple and scientific tool for weight management. Using advanced AI technology, CaloPal helps users track their daily calorie intake in real time and offers personalized dietary and health management advice, simplifying the health management process and creating a more effective weight loss solution.

Science shows that the core of weight loss lies in balancing calorie intake and expenditure. However, many people don’t fully understand the connection between food and calories, making it challenging to track food calories and plan calorie intake. Previously, people had to manually input data and perform complex operations to obtain relevant information, which made these tools cumbersome and hard to maintain over time. Additionally, earlier health tools such as calorie counter and calorie tracker couldn’t offer personalized dietary advice, making weight control a lengthy and frustrating process. Now, everything is about to change. CaloPal ensures calorie data accuracy while providing users with personalized dietary recommendations, making weight loss a much easier journey.

Nick, the founder of CaloPal, stated, “CaloPal is a revolutionary AI calorie tracking application designed for users focused on health and weight management. We’ve simplified the calorie tracking process with the latest AI technology. Users only need to take a photo of their food, and CaloPal will automatically identify the food type, analyze its components, calculate calories, and provide a nutritional breakdown. CaloPal allows users to effortlessly track their daily calorie intake without manual input, making health management much more convenient and supporting long-term calorie tracking. Additionally, CaloPal offers personalized dietary recommendations based on users’ data, helping them achieve their weight management goals more easily through balanced nutrition.”

CaloPal assists users in controlling weight through the following features:

Smart Food RecognitionReal-Time Nutritional Data AnalysisPersonalized Weight Loss RecommendationsDiet and Weight Tracking

CaloPal is now available for users to try for free through the app (App Store download link: CaloPal on App Store) and the website, Fitness Pal will be released later this month。For more information about this product and the latest updates on CaloPal, please visit our website：https://calopal.ai/

Media Contact
contact@calopal.ai

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SOURCE CaloPal

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