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RS Makes Automation Accessible to All

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Its extensive line of industrial-grade RS PRO automation products is meticulously designed to provide competitive savings over branded alternatives without compromising performance, allowing customers of all sizes to modernize with confidence.

FORT WORTH, Texas, Jan. 6, 2025 /PRNewswire/ — RS, a global product and service solutions provider for industrial customers, makes automation accessible to all with its extensive line of affordable, industrial-grade RS PRO products.

RS PRO industrial automation products allow customers of all sizes and budgets to modernize with confidence.

RS PRO products, the own brand of RS, are engineered to help customers overcome common challenges in every industrial market segment and meticulously designed to deliver an attractive combination of quality, choice, and value. They’re also backed by the RS PRO Seal of Approval — which is only awarded after a rigorous testing, inspection, and auditing process based on demanding international standards — and most are covered by a standard three-year warranty.

The RS PRO portfolio features more than 80,000 products across 1,500 technologies to satisfy the needs of virtually every industrial application and working environment and provide competitive savings compared to branded alternatives without compromising performance, allowing customers of all sizes to work confidently. It also offers more than 15,000 in-stock and ready-to-ship solutions and a growing selection of sustainable solutions. These field-proven, industrial-grade products can also be combined into integrated solutions to further simplify customers’ sourcing and purchasing processes and save even more time and money.

The ever-growing range of RS PRO automation products is optimized to help customers in the discrete and process manufacturing, energy and utilities, and facilities and intralogistics industries maximize output, reliability, and efficiency while minimizing energy consumption and operating costs. These solutions include more than:

2,900 enclosures designed to protect electrical equipment from environmental hazards, including dust, weather, washdowns, chemicals, and electromagnetic and radio frequency interference.2,080 hook-up wires used to connect components in low-current and low-voltage electrical and electronic devices and control panels.1,630 temperature sensors that detect changes in environmental and substance temperatures and convert those measurements into electrical signals that can be monitored and analyzed by control systems.1,400 network and Ethernet cables designed to connect various network nodes, including computers and IIoT devices.1,020 pushbutton switches used to turn electrical circuits on and off.940 rectangular connectors that connect multiple wires or circuits together to facilitate the transmission of power, signals, and data between devices.810 multiconductor cables designed to simultaneously transmit power and signal in applications that require multiple connections, including machine tools and factory automation, process automation, and control systems.700 industrial cable assemblies used to transmit electrical power and signals between the various components of industrial systems and machinery.540 relays and relay sockets that help protect electrical systems and connected equipment from over-current and -voltage conditions.410 audibles, including alarms, buzzers, bells, sirens, and horns, used to alert people to machine and process errors, hazards, and status changes.300 photoelectric sensors designed to detect the presence, absence, or distance of an object using a light transmitter and photoelectric receiver.300 proximity sensors that detect the presence of objects from both long and short distances much more quickly than contact sensors can using capacitive, inductive, magnetic, or ultrasonic technologies.290 bootlace ferrules used to create secure electrical connections between stripped wires and terminals or clamps by encapsulating the individual strands of wire to prevent fraying.230 beacons designed to visually communicate security alerts, potential hazards, and machinery status changes.200 pressure sensors that measure the amount of force exerted over an area and convert that information into electrical signals that can be read and interpreted by control systems.190 axial fans used to cool electronic equipment.190 contactors used to switch circuits on and off.180 automation signaling solutions, like light towers, that use visual and audible signals to communicate information about the status of machines, processes, or systems in automated environments.150 current transformers designed to measure large currents in power systems by transforming high primary currents into smaller, proportional secondary currents.110 float switches used to detect the liquid levels in tanks and control external devices, like pumps, valves, and alarms.100 temperature controllers that compare actual system temperatures to the designed setpoint and adjust the heating or cooling system to maintain the desired temperature.

RS PRO also offers a variety of limit, disconnect, and Ethernet switches, DIN rail power supplies, counters, digital timers and hour meters, HMI displays, emergency stop pushbutton switches, and smart relays ideal for use in industrial automation applications.

All of these products are widely used in industrial automation applications in the discrete and process manufacturing, energy and utilities, and facilities and intralogistics industries, including:

Automotive manufacturing, original equipment manufacturing (OEM), machine building, and control panel buildingFood and beverage, pharmaceutical, pulp and paper, and steel manufacturingPower generation and distribution, water and wastewater, renewable energy, oil and gas, and telecommunications infrastructureIndustrial facilities, logistics operations, retail and wholesale outlets, universities, and ports

“Automation doesn’t have to be expensive,” said Jody Kemp, RS Vice President of Supplier and Sales Engagement – Americas. “While there are certainly classes of industrial applications that require complex and costly automation capabilities, there are just as many — if not more — that don’t have any need for pricey extras, applications that instead need sensors that reliably detect, switches that faithfully flip, and alarms that dutifully count. RS PRO automation products reliably fulfill these needs in even the most modern industrial environments while simplifying sourcing and giving you the best value for your money, which makes integrating automation solutions accessible to industrial operations of all sizes.”

For more information about RS PRO automation products engineered to help industrial customers maximize output, reliability, and efficiency while minimizing energy consumption and operating costs, please click the embedded links above. For assistance identifying, procuring, installing, and maintaining RS PRO automation products designed to modernize your industrial production processes and satisfy both your performance requirements and cost constraints, contact your local RS representative at 1.866.433.5722 or reach out to our technical support team.

About RS 
RS is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably.

We operate in 36 markets, stock over 800,000 industrial and specialist products, and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building, and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital, and process infrastructure sustainably. We combine a technically led and digitally enabled approach with an exceptional team of experts; ultimately, it’s our people that make the difference.

Our purpose, making amazing happen for a better world, reflects our focus on delivering results for people, planet, and profit. 

RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2024 reported revenue of £2,942 million.

For more information, please visit https://www.rsgroup.com/ or connect with us on LinkedIn or X (Twitter).

About RS in the Americas
In the Americas region, RS stocks more than 250,000 industrial and electronic products from more than 700 trusted suppliers. These solutions cover categories extending from automation and control equipment to interconnect, passive, active, and electromechanical components and include more than 80,000 high-quality, competitively priced RS PRO products. For more information, please visit https://us.rs-online.com or connect with us via social media on FacebookX (Twitter), LinkedIn, and YouTube.

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RS PRO Automation Solutions PR.png

Editorial Contact & Media Inquiries:
Erica Goode, RS Director of Marketing – U.S. and Canada
Erica.Goode@rsgroup.com  

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SOURCE RS

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TriNetX’s Founding CEO Announces Plans to Step Down

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After 11 Years, Gadi Lachman to Conclude Operating Role, Remain on TriNetX’s Board

CAMBRIDGE, Mass., Jan. 9, 2025 /PRNewswire/ — TriNetX, the largest global source of real-world data, today announced that Gadi Lachman, the Company’s Founder, President and CEO, will step down from his operating role on March 31, 2025. Gadi founded TriNetX in 2014 and has served as President and CEO in the succeeding 11 years. Gadi will continue to serve on TriNetX’s Board of Directors and will be an Advisor to Carlyle, TriNetX’s majority investor.

“It has been an honor to build TriNetX and be part of such an outstanding team. I want to thank TriNetX’s employees, customers, and shareholders for the support they have shown me. With the talent and passion of our people I am immensely confident in TriNetX’s continued success,” said Lachman. “Together, we have built the largest global platform for clinical research, with data from over 25 countries and tens of millions of queries a month. Our solutions are moving clinical research to a whole different level and saving lives on a massive scale, across all therapeutic areas.”

During the transition period, Jeff Margolis, a current TriNetX Director, will serve as Executive Chairman to ensure continuity in leadership and governance while a CEO search is conducted.

Margolis said, “I have had the distinct privilege of serving on the Board alongside Gadi and partnering with him for 11 years. On behalf of the Board, we thank Gadi for shaping and leading TriNetX to become the world’s top ecosystem of real-world data and real-world evidence serving life sciences and the broader healthcare industry. I look forward to working with him and the rest of the Board over the next months to execute a successful transition of leadership.”

Joe Bress, Partner and Global Co-Head of Healthcare for Carlyle, TriNetX’s lead investor, added, “We have been thrilled to partner with Gadi since our initial investment in TriNetX over four years ago. Thanks to his disciplined leadership, TriNetX is one of the few companies that has sustained profitability even during periods of high growth. Gadi has built the company up to an exciting point, paving the way for a new leader to take the business into its next chapter of growth and success.”

Through this leadership transition, TriNetX remains steadfast in its mission to advance global healthcare through the power of real-world data. The Board, leadership team, and employees are united in their commitment to driving continued innovation and delivering success for customers and partners, all while building on Gadi’s exceptional legacy.

About TriNetX, LLC

TriNetX is a global network of healthcare organizations and life sciences companies dedicated to advancing real-world research and expediting the development of new therapies. Through its self-service, HIPAA-, GDPR-, and LGPD-compliant platform of federated deidentified and anonymous electronic health record datasets and consulting partnerships, TriNetX empowers its global community to improve clinical trial protocol design, streamline trial operations, refine safety signals, and enrich real-world evidence generation. For more information, please visit TriNetX at www.trinetx.com or follow TriNetX on LinkedIn.

Media Contact
TriNetX
Michelle Fleming, Chief Marketing Officer
Email: Michelle.Fleming@TriNetX.com

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Stellus Private Credit BDC Announces $0.36 First Quarter 2025 Regular Dividend, Payable Monthly in Increments of $0.12 in January, February, and March 2025

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HOUSTON, Jan. 9, 2025 /PRNewswire/ — Stellus Private Credit BDC (“the Company”) announced that its Board of Trustees has declared a monthly dividend of $0.12 for each of January, February, and March, totaling $0.36 per share in the aggregate for the first quarter of 2025. The regular dividend of $0.36 per share will be paid to shareholders of record in January, February, and March 2025.

Summary of First Quarter 2025 Regular Monthly Dividends

Declared

Record Date

Payment Date

Amount per Share

1/9/2025

1/10/2025

1/31/2025

$0.12

1/9/2025

2/3/2025

2/28/2025

$0.12

1/9/2025

3/3/2025

3/31/2025

$0.12

About Stellus Private Credit BDC

The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien (including unitranche) loans, second lien loans and unsecured debt financing, with corresponding equity co-investments. The Company’s investment activities are managed by its investment adviser, Stellus Private BDC Advisor, LLC.

Forward-Looking Statements

Statements included herein may contain “forward-looking statements” which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release, including statements about COVID-19 and its impacts, may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Contacts
Stellus Private Credit BDC
W. Todd Huskinson, Chief Financial Officer
(713) 292-5414
thuskinson@stelluscapital.com

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SOURCE Stellus Private Credit BDC

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MongoDB, Inc. to Present at the 27th Annual Needham Growth Conference

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NEW YORK, Jan. 9, 2025 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) today announced that Chief Operating Officer and Chief Financial Officer, Michael Gordon, and Senior Vice President of Finance, Serge Tanjga, will present virtually at the 27th Annual Needham Growth Conference.

The MongoDB presentation is scheduled for Thursday, January 16, 2025, at 3:45 p.m. Eastern Time. A live webcast of the presentation will be available on the Events page of the MongoDB investor relations website at https://investors.mongodb.com/news-events/events. A replay of the webcast will also be available for a limited time.

About MongoDB
Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. Built by developers, for developers, MongoDB’s developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for today’s wide variety of modern applications, all in a unified and consistent user experience. MongoDB has tens of thousands of customers in over 100 countries. The MongoDB database platform has been downloaded hundreds of millions of times since 2007, and there have been millions of builders trained through MongoDB University courses. To learn more, visit mongodb.com.

Investor Relations
Brian Denyeau
ICR for MongoDB
646-277-1251
ir@mongodb.com

Media Relations
MongoDB PR
press@mongodb.com

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SOURCE MongoDB, Inc.

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