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Powerfleet to Host Investor Day on November 20, 2024

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WOODCLIFF LAKE, N.J., Oct. 7, 2024 /PRNewswire/ — Powerfleet, Inc. (Nasdaq: AIOT) will host an Investor Day with financial analysts and institutional investors on Wednesday, November 20 on location at Sofitel New York in New York, NY as well as virtually. Presentations are scheduled to begin at 1:00 p.m. Eastern time and end at approximately 4:00 p.m. Eastern time, preceded by a 12:00 p.m. lunch.

Senior leaders from the Powerfleet and Fleet Complete teams will share the compelling strategic, operating and financial benefits of the transformative Fleet Complete transaction as well as the company’s vision for longer-term strategy and value creation, including pathways to accelerated double-digit growth, Unity’s latest differentiated and disruptive AI-led innovations, high-potential indirect channel opportunities, growth drivers, dramatically expanded go-to-market approach and financial targets for the combined business. Additionally, select customers will discuss the power of the Unity experience in their digital transformation journeys. A live Q&A will follow.

In-person attendance is by invitation only. A live webcast will be available on the investor relations section of each company’s website. Please note the date of the event has been moved a day earlier from previous announcements to accommodate analyst and investor feedback and convenience.

ABOUT POWERFLEET
Powerfleet (Nasdaq: AIOT; JSE: PWR; TASE: PWFL) is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry. With more than 30 years of experience, Powerfleet unifies business operations through the ingestion, harmonization, and integration of data, irrespective of source, and delivers actionable insights to help companies save lives, time, and money. Powerfleet’s ethos transcends our data ecosystem and commitment to innovation; our people-centric approach empowers our customers to realize impactful and sustained business improvement. The company is headquartered in New Jersey, United States, with offices around the globe. Explore more at www.powerfleet.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of federal securities laws. Powerfleet’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements may be identified by words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions.

These forward-looking statements include, without limitation, Powerfleet’s expectations with respect to its beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates, intentions and future performance, as well as anticipated financial impacts of the acquisition of Fleet Complete. Forward-looking statements involve significant known and unknown risks, uncertainties and other factors, which may cause their actual results, performance or achievements to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. Most of these factors are outside Powerfleet’s control and are difficult to predict. The risks and uncertainties referred to above include, but are not limited to, risks related to: (i) the ability to realize the anticipated benefits of the acquisition of Fleet Complete; (ii) the ability to successfully integrate the businesses; (iii) disruption from the acquisition of Fleet Complete making it more difficult to maintain business and operational relationships; (iv) the negative effects of the consummation of the acquisition of Fleet Complete on the market price of Powerfleet’s securities; (v) significant transaction costs and unknown liabilities; (vi) litigation or regulatory actions related to the acquisition of Fleet Complete; and (vii) such other factors as are set forth in the periodic reports filed by Powerfleet with the Securities and Exchange Commission (“SEC”), including but not limited to those described under the heading “Risk Factors” in its annual reports on Form 10-K, quarterly reports on Form 10-Q and any other filings made with the SEC from time to time, which are available via the SEC’s website at http://www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those indicated or anticipated by these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

The forward-looking statements included in this press release are made only as of the date of this press release, and except as otherwise required by applicable securities law, Powerfleet assumes no obligation, nor does Powerfleet intend to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances.

Powerfleet Investor Contacts
Carolyn Capaccio and Jody Burfening
LHA Investor Relations
AIOTIRTeam@lhai.com

Powerfleet Media Contact
Jonathan Bates
jonathan.bates@powerfleet.com
+44 7921 242 892

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SOURCE Powerfleet

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Lunchbox Launches The Catering Leadership Summit: In-Person Event Focused on Scaling Restaurant Catering

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NEW YORK, May 6, 2025 /PRNewswire/ — Lunchbox, the enterprise restaurant technology platform, is hosting The Catering Leadership Summit, a live, in-person event dedicated to helping restaurant brands grow their catering revenue and optimize off-premises operations.

Taking place on June 25th, 2025, from 2:00–5:00 PM at Emmy Squared Pizza in Midtown West, NYC, the industry gathering will bring together restaurant executives, digital leaders, and catering managers for a panel discussion and structured networking happy hour. Attendees will also have the opportunity to join a limited-capacity tour of Lunchbox client Maman’s new flagship location in New York, featuring a behind-the-scenes look at its catering operations guided by Guss Firestein.

Featured Panel:
Scaling Catering Profitably: What the Most Successful Brands Are Doing Differently

Moderated by Lunchbox CEO James Walker and paneled by leaders at Emmy Squared and NAYA, the discussion will dive into strategies for increasing catering profitability, leveraging first-party data, guest relationships, and tech-powered efficiencies.

“As more brands recognize the untapped potential of catering, this forum will serve as a place to learn from peers and take home actionable insights,” said James Walker, CEO of Lunchbox. “We’re excited to bring leaders together for a conversation on where catering is headed and how to make it more profitable.”

The forum—hosted by Lunchbox with primary sponsorship from Shift4 and additional support from 1Huddle—will conclude with a structured networking happy hour, complete with Detroit-style pizza and drinks, allowing attendees to connect with fellow operators and industry professionals in a casual setting.

Event Details:

Date: June 25, 2025Time: 2:00 PM5:00 PMLocation: Emmy Squared Pizza – Midtown West, NYC
200 W 60th St, New York, NY 10023

The event is free to attend for restaurant executives, but space is limited.
To reserve a seat, visit: https://info.lunchbox.io/catering-leadership-summit

About Lunchbox
Lunchbox is the premier restaurant technology platform for enterprise chains, offering a full suite of solutions for digital ordering, catering, order aggregation, marketing, loyalty, and analytics. Built for scale, Lunchbox powers 5,000+ restaurant locations including Firehouse Subs, Paris Baguette, Clean Juice, and BRIX Holdings. Learn more at www.lunchbox.io.

Media Contact:
Adriana Desmond
Head of Marketing
adesmond@lunchbox.io 

 

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SOURCE Lunchbox

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Iridium Equips 9603 Module with Enhanced Short Burst Data Capabilities for Government Users

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MCLEAN, Va., May 6, 2025 /PRNewswire/ — Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced a special U.S. government version of the Iridium® 9603 module built for Enhanced Short Burst Data (ESBD). ESBD is a low-latency and secure messaging service designed to provide optimal transmission security (TRANSEC) for the U.S. government and approved allies.

The ESBD version can act as a drop-in replacement for the existing Iridium 9603 Short Burst Data® (SBD®) module. Alongside Iridium’s known reliability and resiliency, Iridium 9603 ESBD can deliver secure one- or two-way messaging with an increased payload capacity for mobile-originated (MO) and mobile-terminated (MT) messages. Example applications range from command and control (C2) and image data transfer to personnel and asset tracking.

“Iridium 9603 ESBD is a testament to Iridium’s commitment to investing in secure, low-latency solutions that address threats in the changing global environment,” said Scott Scheimreif, executive vice president, government programs, Iridium. “The new module offers end-to-end communication security for critical operations, helping ensure warfighters can exchange vital information with confidence — no matter the environment. This capability not only safeguards mission success but also reflects the Department of Defense’s trust in Iridium’s proven technology, network reliability, and operational excellence.”

The upgraded module represents the latest innovation of Iridium to support the Enhanced Mobile Satellite Services (EMSS) program, a decades-long partnership that delivers truly global standard and secure voice, broadcast, PTT, and other services to an unlimited number of Department of Defense and DoD-approved subscribers anywhere on Earth. Iridium 9603 ESBD is targeted to be made available to EMSS-approved value-added manufacturers in July.

With its unique low-Earth orbit (LEO) satellite network, Iridium provides resilient L-band connectivity and unparalleled global coverage that does not encounter permanent line-of-sight blockages faced by geostationary (GEO) systems. This helps to ensure the delivery of mission-critical communications for the DoD and other federal agencies. Whether in high-risk combat zones or during inclement weather events, the Iridium network provides pole-to-pole satellite communications that keep users connected when it’s needed most, making it critically important for the Joint All Domain Command and Control’s (JADC2) Primary, Alternate, Contingency, and Emergency (PACE) communications architecture. 

About Iridium Communications Inc.
Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles and announced the Iridium Satellite Time and Location® service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com.

Press Contact:                     

Investor Contact:

Jordan Hassin                     

Kenneth Levy

Iridium Communications Inc. 

Iridium Communications Inc.

Jordan.Hassin@Iridium.com   

Ken.Levy@Iridium.com

+1 (703) 287-7421                 

+1 (703) 287-7570

X: @Iridiumcomm               

 

 

SOURCE Iridium Communications Inc.

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Stagwell (STGW) Acquires Experiential Marketing and Creative Agency JetFuel

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NEW YORK, May 6, 2025 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the acquisition of JetFuel, an experiential marketing services agency that accelerates brand awareness through experiences, content and conversations. JetFuel will become a subsidiary of Stagwell’s integrated experiential agency TEAM.

Launched in 2016 and headquartered in New York City, JetFuel has progressively grown both its client base and capabilities to become a top independent agency renowned for its expertise in live brand experiences, retail and shopper marketing, digital content and sponsorship activations. JetFuel maintains the mentality of a start-up and the heritage of a traditional agency, working to ignite change, transform brands, disrupt the status quo, spark innovation, and inspire advocacy. JetFuel is best known for delivering live brand experiences for clients including Walmart, Unilever, Kimberly Clark and Feastables.

“JetFuel’s award-winning experiential capabilities strengthen our commitment to delivering best-in-class experiences for our clients’ customers,” said Stagwell Chairman and CEO Mark Penn. “This acquisition underscores our strategy to keep Stagwell just the right size to produce game-changing work for clients.”

The addition of JetFuel follows Stagwell’s acquisitions of Gold Rabbit Sports and ADK GLOBAL earlier this year, and a total of 11 acquisitions throughout 2024.

“Joining forces with Stagwell marks the beginning of an extraordinary new chapter for JetFuel. Together, we share a bold ambition to reinvent what live brand experiences can be — pushing boundaries, inspiring deeper connections, and setting new standards for innovation. With access to Stagwell’s high level insights and data resources, as well as integration with their world class creative thinking, we’ll be able to design experiences that are not just more effective and efficient, but truly transformative for our clients and their audiences,” shared Abe Sorcher, CEO of JetFuel.

“We’re excited to bring JetFuel into the network and continue to build out the experiential discipline at Stagwell, as clients continue to recognize the value of authentic live connections in a digital-first world,” added Dan Gregory, CEO of TEAM. “Investing in this key offering and having a diverse roster of agencies who can deliver results-driven campaigns is a game changer.”

Kidron Capital Securities acted as the financial advisor to JetFuel for this transaction.

About Stagwell
Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 45+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com.

About TEAM
TEAM is an agency dedicated to making impactful brand experiences. We bring big ideas to life in ways that are not just seen and heard but truly felt. Every year, we design and deliver over 100,000 brand activations and events across the globe. Our brand playbooks merge commercial success with creative brilliance, creating meaningful connections and nurturing community spirit. Whether building brands from scratch or revitalizing existing ones, we infuse them with vitality, authenticity, and tangible platforms for interaction. By prioritizing scaled experiences at the core of brand strategy, we empower brands to build deeper relationships, share compelling stories, and engage with audiences authentically. Visit www.weareteam.com to learn more.

About JetFuel
JetFuel is a brand accelerant built with the hustle mentality of a start-up and the heritage of a traditional agency. At JetFuel, we’re not just making noise – we’re igniting change. We believe in the boundless power of creativity to transform brands, disrupt the status quo, spark innovation, and inspire advocacy. We create live experiences & breakthrough content that paves the way, and for people to share through discovery. We live for, sweat for, and celebrate these moments. It’s these moments that define JetFuel. JetFuelStudio.com    

Contact 
Kara Gelber
PR@stagwellglobal.com

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SOURCE Stagwell Inc.

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