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First Student Increases EPA-Awarded Electric School Bus Funding by $200M, Bringing Total to $401M

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New funding from the third round of the EPA’s Clean School Bus Program means 673 electrified buses, after First Student led all contractors in rounds one and two

CINCINNATI, May 29, 2024 /PRNewswire/ — Today, First Student, the leading school transportation provider in North America, and industry leader in electrification, received $200 million in rebates from the third round of funding of the Environmental Protection Agency’s (EPA) Clean School Bus Program. The new funding brings First Student’s total program awards to more than $400 million across the three funding rounds, allowing the company to accelerate its push to provide healthier and safer rides to students through electrification. This round of EPA funding will enable First Student to deploy up to an additional 670 electric school buses in 45 school districts across the U.S. Overall, from all three EPA rounds to date, First Student will be able to deploy more than 1,200 electric school buses.

“First Student is leading the way on school bus electrification and this award supercharges that effort,” said First Student Chief Executive Officer and President John Kenning. “We would like to thank the Environmental Protection Agency for their support of this important priority. America’s students deserve the cleanest, safest rides to and from school, so they arrive at school ready to learn. First Student has the resources, expertise and ground-breaking technology to meet the moment. We are excited to continue building the school bus fleet of the future with the support of the EPA.”

First Student has successfully deployed more than 350 electric buses across North America and provided more than 3 million miles of emissions free operations in pursuit of its commitment to transition 30,000 diesel vehicles to electric by 2035. Today’s EPA investment will accelerate that plan. Scaling the use of these zero-emission vehicles will provide significant and tangible improvements for the environment. Replacing just one diesel school bus with an electric school bus can reduce greenhouse gas emissions by 54,000 pounds each year. First Student has also been awarded approximately $65 million through other Canadian, federal, state and utility programs to electrify school bus fleets across the country.

“First Student is proud to call the EPA a partner in our school bus electrification efforts,” said First Student Head of Electrification Kevin Matthews. “First Student electric school buses funded by this program are already creating safer and cleaner rides to and from school and these investments means expanding that benefit to even more districts. Our expertise and resources ensure that school districts can put these awards to use right away, turning these rebates into much-needed fleet upgrades.”

The Clean School Bus Program allocates funds for school districts to help cover the cost of replacing fossil fuel school buses with zero-emission vehicles and associated charging infrastructure. Round two was competitively bid grants, while rounds one and three were lottery rebate awards. Today’s award represents the third batch of funding First Student has received through the program. In January 2024, the EPA awarded First Student $140 million, the largest amount awarded among all contractors, to enable First Student to deploy more than 370 new electric school buses in school districts across the United States.

In November 2022, First Student worked with 11 districts to secure EPA grants under the first round of funding. This funding, approximately $60 million, is designed to provide 11 school districts with of a total of 160 electric school buses. In awarding the rebates and grants, the EPA recognized First Student’s ability to bring utilities and municipalities together with school districts in order to build the charging infrastructure and create a seamless experience for schools.

First Student works directly with school districts on their electrification goals, collaborating on the applications to the EPA and in deploying and maintaining the vehicles. First Student has a team of internal expert consultants called First Consulting who works closely to make sure grant applications reflect specific school district needs.

B-ROLL/RESOURCES: Watch a video that showcases First Student’s electric school bus fleet.

About First Student

As a leading school transportation solutions provider in North America, First Student strives to provide the best start and finish to every school day. With a team of highly trained drivers and the industry’s strongest safety record, First Student delivers reliable, quality services, including full-service transportation and management, special-needs transportation, route optimization, and scheduling, maintenance, and charter services with a fleet of about 45,000 buses. For more information, visit firststudentinc.com .

CONTACT
Jen Biddinger
513.362.4600

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SOURCE First Student

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TerraMaster Launches the New TNAS Mobile 3 with Various New Features for Efficient NAS Management

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December 26, 2024

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SHENZHEN, China, Dec. 26, 2024 /PRNewswire/ — TerraMaster, a professional brand focusing on providing innovative storage products for families and businesses, launched new TNAS Mobile 3 application compatible with the latest TOS 6, introducing a host of new features and optimizations such as updated UI, TNAS Online and photo backup and one-touch initialization. With these improvements, the latest version of TNAS Mobile 3 ensures users enjoy a more convenient, efficient, and powerful NAS management experience, all from the palm of hands.

TNAS Mobile 3 New Features

Upgraded TNAS Online Management
Upgraded to TNAS Online 2, with a 500% speed improvement, providing smoother and more stable mobile access, ensuring seamless operation from anywhere.

One-Touch NAS Initialization
Users can now easily initialize the TNAS directly from mobile device. Simplified operation process for quick deployment and initialization of the TOS system.

Perfectly Compatible with TOS 6
Seamlessly integrates with the latest TOS 6 operating system, users can explore all features of TOS 6 on the mobile phone.

Optimized Overall UI and Photo Backup
The TNAS Mobile 3 app now boasts a cleaner, more intuitive interface for a smoother user experience. And the photo backup transfer process has been improved to increase efficiency and stability.

Media Index Management
The app also introduces a new media index management feature. Smart indexing for quick retrieval of media files on TNAS, offering the convenience of one-click activation across platforms.

User Management
A new user management feature has been added, allowing administrators to centralized manage and control user access more efficiently. Enable flexible allocation and control of permissions.

Shared Folder Management
The app now includes enhanced shared folder management. Users can easily create and edit shared folders with detailed control over access permissions.

Availability
TerraMaster new TNAS Mobile 3 V3.3.038 is now available for download and installation through Google Play Store and Apple App Store. More details, please visit:
https://www.terra-master.com/global/tnas-mobile3/.

Follow TerraMaster on social media:
Facebook: https://www.facebook.com/terramasterofficial
Twitter: https://twitter.com/TerraMasters
LinkedIn: https://bit.ly/3wKrjmr
YouTube: https://bit.ly/3dMXGIK
TikTok: https://www.tiktok.com/@terramaster_official  

About TerraMaster
TerraMaster is a professional brand that focuses on providing innovative storage products, including network attached storage and direct attached storage that has become increasingly popular in over 40 countries and regions. The brand has been developing storage technology for 10 years, addressing the needs of customers such as home users, small/medium businesses, and enterprises.

Contact:
Yuki Shi
+86 755 81798272
388067@email4pr.com

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Sapiens to Participate in the 27th Annual Needham Growth Conference on January 15, 2025

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December 26, 2024

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ROCHELLE PARK, N. J., Dec. 26, 2024 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Roni Giladi, Chief Financial Officer, is scheduled to participate in the 27th Annual Needham Growth Conference to be held at the Lotte NY Palace Hotel in New York City, January 14 – 16, 2025. Sapiens will host a group presentation on January 15, from 2:15 p.m.- 2:55 p.m. Eastern Daylight Time (EDT) in “Holmes 1″ and conduct one-on-one meetings the same day.

A webcast of management’s presentation can be found on the company’s IR website under the events section, at https://sapiens.com/investor-relations/. For more information about the conferences or to schedule a one-on-one meeting with Sapiens, please contact your Needham representative at the respective firm. The firms hosting the conference reserve the right to adjust a company’s meeting schedule, including its presentation time. It is recommended that participants confirm all meeting and presentation times with the conference organizers.

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.

For more information visit https://sapiens.com or follow us on LinkedIn 

Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Investor Relations, Sapiens
Yaffa.cohen-ifrah@sapiens.com 

Investors Contact
Kimberly Rogers
Managing Director, Hayden IR
kim@HaydenIR.com 

 

Logo:  http://mma.prnewswire.com/media/585787/Sapiens_Logo.jpg

 

 

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SOURCE Sapiens International Corporation

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Pocamarket Named ‘Best K-POP Photocard Platform’ at 2024 KBS N Brand Awards

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2 minutes ago

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December 26, 2024

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SEOUL, South Korea, Dec. 26, 2024 /PRNewswire/ — Pocamarket, the pioneering K-POP photocard trading platform operated by Infludeo Co., Ltd., has received the prestigious ‘Best K-POP Photocard Platform’ award at the 2024 KBS N Brand Awards. The ceremony, organized by KBS N, a subsidiary of Korea’s national public broadcaster KBS (Korean Broadcasting System), recognizes outstanding brands for their excellence and industry impact.

Since its inception, Pocamarket has established itself as the trusted destination for K-POP enthusiasts seeking to trade photocards in a secure and streamlined environment. The platform’s commitment to fan experience extends to its physical presence through PocaSpot, an interactive retail space in Seoul’s vibrant Hongdae district. This innovative space serves as a hub for both domestic and international fans to acquire authentic photocards while experiencing Korean pop culture firsthand. Building on this success, the company has announced plans to launch its second PocaSpot location in Myeongdong during 2024.

The recognition underscores Pocamarket’s transformation from a specialized trading platform to a significant force in promoting global K-POP culture. As the international K-POP community continues to grow, Pocamarket maintains its position as an industry leader by delivering exceptional value and authentic experiences to fans worldwide.

“This recognition reflects the unwavering support and trust of our global fan community,” stated a Pocamarket representative. “We remain dedicated to developing innovative solutions that ensure a seamless and secure experience for K-POP enthusiasts everywhere. Our mission is to continue evolving alongside our users while fostering the growth of K-POP culture internationally.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/pocamarket-named-best-k-pop-photocard-platform-at-2024-kbs-n-brand-awards-302339178.html

SOURCE Pocamarket

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