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365 Retail Markets Unveils Refreshed 365Pay App, Enhancing User Experience and Streamlining Operations

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Updated Design and Features Improve Consumer Engagement and Provide Operators with Powerful Tools

TROY, Mich., March 25, 2025 /PRNewswire/ — 365 Retail Markets, the global leader in unattended retail technologies, has launched a refreshed version of its 365Pay app. With a reimagined layout and enhanced engagement capabilities, 365Pay creates a seamless and enjoyable experience for users.

“The modern retail landscape thrives not only on transactions, but engagement.”

A flagship component of 365’s Connected Campus, this self-checkout app allows customers to make purchases quickly and conveniently. 365Pay’s sign-up and sign-in processes are easier than ever with newly implemented verification codes, which eliminate the need for passwords and reduce friction. From there, a guided tap-through tutorial guides users on the app’s new layout and key features for easy navigation.

Additionally, the app’s announcements section will now inform customers of important updates in real time. This provides operators with the opportunity to highlight customizable promotions, seasonal deals, and more. Promotional content in the form of external links can also be displayed in the announcements space, optimizing operators’ advertising capabilities.

Messages are also easier to track with new visual indicators. A bell icon on the home screen as well as individualized messages in the notifications section help alert users to what is new. By creating these additional communication points, greater engagement opportunities between customers and operators are now available.

“The modern retail landscape thrives not only on transactions, but engagement,” said Boris Amegadjie, Chief Product Officer at 365 Retail Markets. “With these intuitive features, the app allows for a personalized experience where offers and information are tailored to individual needs.”

Another key element of the app’s refresh is its enhanced dining experience, with streamlined order-ahead location selection. That, coupled with enhanced menu imagery, creates a more engaging and enticing order experience, allowing consumers to order exactly what they want, when they want it

This update is the first step of several exciting enhancements planned for the 365Pay app. Stay tuned for future updates that will further enhance user engagement and provide even greater value, including upcoming improvements to our loyalty and rewards program.

CONTACT:
Navreet Gill
VP of Marketing & Communications, 365 Retail Markets
navreet.gill@365smartshop.com

About 365 Retail Markets
365 Retail Markets is the global leader in unattended retail technology. Founded in 2008, 365 provides a full suite of best-in-class, self-service technologies for food service operators including end-to-end integrated SaaS software, payment processing and point of-sale hardware. Today, the company’s technology solutions autonomously power food retail spaces at corporate offices, manufacturing and distribution facilities, hospitality settings and more, in order to provide compelling foodservice options for consumers. 365’s technology solutions include a growing suite of frictionless smart stores, micro markets, vending, catering, and dining point-of-sale options to meet the expanding needs of its customers. 365 continuously pioneers innovation in the industry with superior technology, strategic partnerships and ultimate flexibility in customization and branding.

For more information about 365 Retail Markets, visit www.365retailmarkets.com and connect on Facebook, Twitter, YouTube, and LinkedIn 

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SOURCE 365 Retail Markets, LLC

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Waystar Announces Pricing of Public Offering of Common Stock

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LEHI, Utah and LOUISVILLE, Ky., May 14, 2025 /PRNewswire/ — Waystar Holding Corp. (Nasdaq: WAY) (“Waystar”), a provider of leading healthcare payments software, today announced the pricing of its underwritten public offering of 12,500,000 shares of its common stock by certain investment funds of EQT AB and Bain Capital, LP, and Canada Pension Plan Investment Board (CPP Investments), and their respective affiliates (collectively, the “Selling Stockholders”) at a price to the public of $38.75 per share.  Additionally, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 1,875,000 additional shares of common stock. Waystar is not selling any shares and will not receive any proceeds from the sale of shares in the offering by the Selling Stockholders. The offering is expected to close on or about May 16, 2025, subject to customary closing conditions.

The offering is being made through an underwriting group led by J.P. Morgan, Goldman Sachs & Co. LLC, and Barclays, who are acting as joint lead book-running managers and as representatives of the underwriters for the offering. William Blair, Evercore ISI, BofA Securities, RBC Capital Markets, Jefferies and Deutsche Bank Securities are acting as joint bookrunners for the offering. Canaccord Genuity and Raymond James are acting as co-managers for the offering.

A registration statement on Form S-1, including a prospectus, relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

The offering may be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained by contacting: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at prospectus-eq_fi@jpmchase.com; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com; or Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (888) 603-5847, or by email at barclaysprospectus@broadridge.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. The forward-looking statements contained in this press release are based on management’s current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in Waystar’s registration statement on Form S-1, as it may be amended from time to time, and its Annual Report on Form 10-K for the year ended December 31, 2024 and any subsequent filings with the SEC. Except as required by law, Waystar has no obligation to update any of these forward-looking statements to conform these statements to actual results or revised expectations.

About Waystar

Waystar’s mission-critical software is purpose-built to simplify healthcare payments so providers can prioritize patient care and optimize their financial performance. Waystar serves approximately 30,000 clients, representing over 1 million distinct providers, including 16 of 20 institutions on the U.S. News Best Hospitals list. Waystar’s enterprise-grade platform annually processes over 6 billion healthcare payment transactions, including over $1.8 trillion in annual gross claims and spanning approximately 50% of U.S. patients. Waystar strives to transform healthcare payments so providers can focus on what matters most: their patients and communities.

Media Contact
Kristin Lee
kristin.lee@waystar.com

Investor Contact
Sandy Draper
investors@waystar.com 
502-238-9511

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SOURCE Waystar

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PIF’s Joint Venture with Hyundai Motor Company, Hyundai Motor Manufacturing Middle East, celebrates groundbreaking milestone

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Paving the way for a new industrial futureThe new facility is a joint venture between PIF and Hyundai Motor CompanyThe plant will manufacture internal combustion engine and electric vehicles, with an annual production target of 50,000 vehicles to supply Saudi Arabia

KING ABDULLAH ECONOMIC CITY, Saudi Arabia, May 15, 2025 /PRNewswire/ — Hyundai Motor Manufacturing Middle East (HMMME), a joint venture between PIF and Hyundai Motor Company, today hosted its groundbreaking ceremony in the recently announced King Salman Automotive Cluster within King Abdullah Economic City (KAEC). The ceremony is a significant milestone that marks another step in the development of the automotive industry in the Kingdom of Saudi Arabia.

PIF owns a 70% stake in HMMME, with Hyundai holding the remaining 30%. The manufacturing plant, Hyundai’s first facility in the Middle East, will roll out its first vehicle by the fourth quarter of 2026 and targets an annual production of 50,000 vehicles. This will include both internal combustion engine (ICE) and electric vehicles (EV).

Yazeed A. Alhumied, Deputy Governor and Head of MENA Investments at PIF, said: “This groundbreaking is a significant milestone for PIF as it further strengthens the automotive industry in Saudi Arabia. PIF will continue to enable and accelerate the growth of Saudi Arabia’s automotive ecosystem through partnerships. This joint venture underscores PIF’s commitment to build local capabilities, attract cutting-edge technology, and create highly skilled jobs in Saudi Arabia’s automotive and mobility sector.”

Jaehoon Chang, Hyundai Motor Group Vice Chair said, “Today’s groundbreaking marks the beginning of a new chapter for both the Kingdom of Saudi Arabia and Hyundai Motor Company, as we lay the foundation for a new era of future mobility and technological innovation. Through our joint venture, we hope to contribute to the development of talent in the region with advanced skills and capabilities under Saudi Vision 2030.”

Wongyun Park, Vice President and CEO of Hyundai Motor Manufacturing Middle East said, “With HMMME, we are driving change forward and paving the way for a new industrial future in the region. The facility will become a platform for growth and industrial excellence in the heart of the Kingdom.”

HMMME is building a foundation for a new era of automotive manufacturing in Saudi Arabia. Harnessing the skills of the local workforce, the new manufacturing plant will create thousands of jobs and allow for knowledge transfer and skills development. The localization of Hyundai’s vehicles will accelerate the growth of Saudi Arabia’s automotive and mobility ecosystem and pave the way for a new industrial future.

This partnership is one in a series of PIF initiatives establishing Saudi Arabia as a global automotive player. Together, these initiatives are driving transformation in the sector, and boosting domestic manufacturing capabilities, infrastructure, and supply chains.

Photo – https://mma.prnewswire.com/media/2687900/Image_1___HMMME_Groundbreaking_Ceremony.jpg

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PDF – https://mma.prnewswire.com/media/2687273/PIF_s_Joint_Venture_with_Hyundai_Motor_Company__Hyundai_Motor_Manufacturing_Middle_East__celebrates.pdf

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BREAKING BARRIERS: HOW TIM WHITE IS REDEFINING INTERNATIONAL RACE ENGINEERING FROM NEW ZEALAND

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CROMWELL, New Zealand, May 14, 2025 /PRNewswire/ — In a sport where split-second decisions define success, Tim White is proving that world-class race engineering knows no borders. Operating from a small New Zealand town, White has established himself as a leading figure in Ferrari’s GT programs, leveraging cutting-edge remote engineering techniques to optimize performance in global endurance racing.

Founder of Elite Race Engineering, White serves as a Performance and Simulation Engineer, where he develops advanced modeling techniques and refines real-time data processing to enhance on-track performance. His use of innovative sensors, aerodynamic tuning, and sophisticated simulation tools has strengthened the team’s technical capabilities, making him a key player in Ferrari’s GT3 programs. Working remotely with Orlando-based Ferrari racing team Triarsi Competizione, White integrates advanced modeling, sensor technology, and data-driven insights to refine the Ferrari 296 GT3. Despite being based in New Zealand, his ability to analyze massive amounts of real-time race data and communicate findings instantly has made him an invaluable asset to teams in IMSA WeatherTech SportsCar Championship and GT World Challenge Asia.

“Motorsport has always been seen as a hands-on, in-person industry, but technology is changing that,” says White. “From New Zealand, I can help optimize race cars competing on the other side of the world in real-time. Distance isn’t a limitation— it’s just another problem to engineer a solution for.” White’s journey began with an automotive mechanics apprenticeship, where he built and maintained race cars for circuit, rally, and hill climb competitions. A pivotal piece of advice from a Kiwi Formula 1 veteran led him to pursue a mechanical engineering degree, despite having no academic record from school. After years of perseverance, he earned a First-Class Honours degree and secured direct entry into a PhD program before pivoting back to motorsport.

His expertise in vehicle dynamics, simulation, and tire modeling took him around the world—working in IMSA, WEC, BTCC, and V8 Supercars, as well as developing software for race strategy and data management. When the COVID-19 pandemic halted racing, White turned to education, writing and presenting online courses on data analysis and race engineering before launching his own consulting business.

With IMSA’s 2025 torque sensor regulations set to revolutionize its GTD-class racing, White’s expertise in powertrain performance and data analysis ensures that Ferrari remains ahead of the curve. His journey—from building homegrown race cars to shaping the future of GT engineering—proves that innovation isn’t about location, but vision.

View original content:https://www.prnewswire.com/news-releases/breaking-barriers-how-tim-white-is-redefining-international-race-engineering-from-new-zealand-302455965.html

SOURCE Elite Race Engineering

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