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Acer Launches New Line of TravelMate Business AI Laptops

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New TravelMate laptops deliver business-grade experiences with the latest AI, security, and management solutions, in durable thin-and-light chassis designs

Editor’s Summary

New Acer TravelMate laptops are powered by the latest processors with built-in NPUs, Copilot on Windows with dedicated hotkey[1], Trusted Platform Module (TPM) 2.0 security protection and Acer’s suite of commercial management solutionsThe Intel Evo™ Edition[2] Acer TravelMate P6 14 brings premium AI experiences featuring Intel® Core™ Ultra processors[2] with Intel vPro® Enterprise, plus stunning visuals on a 2.8K OLED display[2]Acer TravelMate P4 16 Series and Acer TravelMate P4 Spin 14 business laptops are powered by Intel Core Ultra processors with Intel vPro Enterprise and Intel Graphics built-in for stunning visuals on their WUXGA displays; Convertible model comes with an option for a touch display and 4G LTE[2] connectionThe TravelMate P4 14 is powered by AMD Ryzen™ PRO 8040 Series processors[2] with AMD Ryzen™ AI for unique local AI-enabled experiences to boost productivity and with support from up to 64 GB[2] of dual-channel DDR5 memory for cutting-edge performance in rendering tasks, boosting multitasking efficiency and better handling of large datasetsLatest TravelMate laptops are built for lasting use and durability with long-lasting and fast-charging batteries[2,3], MIL-810H durability certification[4], and Acer Dust Defender, and are designed for sustainability with TCO certification[5,6] and EPEAT registration[7]

TAIPEI, May 31, 2024 /PRNewswire/ — Acer today announced a new range of AI-enhanced TravelMate business laptops. Powered with the latest generation of processors with built-in NPUs, the new laptops offer professionals and executives next-level performance, productivity, and mobility, in addition to enhanced security and connectivity features.

Optimized to deliver new AI-powered capabilities and user experiences, all of the new business laptops come with Acer TravelMateSense for quick access to device management settings and customizations, a new Acer Experience Zone for the collection of the devices’ AI features, and Copilot accessible through a dedicated hotkey[1]. Each model also offers advanced security and administration features to streamline device deployment and management for business, ensuring data are safeguarded with discrete Trusted Platform Module (TPM) 2.0, biometric security, and a camera privacy shutter.

Acer TravelMate P6 14: Premium Experiences and OLED Display Quality

Designed for business leaders and executives, the Acer TravelMate P6 14 (TMP614-73) is powered by the latest Intel Core Ultra 7 processors with Intel vPro Enterprise, and built-in Intel Graphics and Intel AI Boost to unlock new AI experiences, performance, and power efficiency in the premium device. The Intel Evo edition business laptop has up to 32 GB of LPDR5X memory[2], and up to 1 TB M.2 PCIe SSD[2]  for long-lasting battery life and fast response even when handling large workloads.

A stunning 14-inch WQXGA+ OLED (2880 x 1800) panel with a touch option, paired with a 16:10 aspect ratio, narrow bezels, and DTS® audio delight users with immersive audio and visual experiences. Cinematic colors and motion clarity can be experienced when watching videos with 100% DCI-P3 color gamut support and VESA HDR TrueBlack 500 certification. The TravelMate P6 14 also comes with Wi-Fi 7 and Bluetooth® 5.3, and a large availability of essential ports that support Thunderbolt 4™ for seamless connectivity and convenience during business travels.

Acer TravelMate P4 Series Laptops: The Ultimate Work Companions

The new TravelMate P4 Series of thin-and-light business laptops include a 14-inch convertible design, as well as 14- and 16-inch clamshell models, all with new performance, security, and device management features to support professionals and IT technicians.

The 2-in-1 Acer TravelMate P4 Spin 14 (TMP414RN-54) allows users to effortlessly switch between various tasks and modes and take advantage of its portability weighing just 1.49 kg and 21.9 mm thin. It gets a performance boost with up to an Intel Core Ultra 7 processor 165U[1] with built-in Intel Graphics and Intel vPro Enterprise eligibility, and long battery life[2,3] for efficient work sessions plus fast charging capability when needed. The device also comes with a 14-inch WUXGA (1920 x 1200) display with a touch option and a 16:10 narrow bezel for an enhanced visual and audio experience with DTS immersive audio. Helping highly mobile professionals stay connected, the TravelMate P4 Spin 14 comes with Wi-FE 6E and optional 4G LTE[2] connectivity.

Productivity and reliable performance are ensured on the Acer TravelMate P4 16 (TMP416-53) as it is powered by the latest Intel Core Ultra processors with Intel vPro Enterprise[2]. It is further supported with Intel Unison, fast dual-channel DDR5 memory of up to 64 GB and up to 1 TB of PCIe SSD storage, along with extended battery[2,3] life. Stunning visual details are shown on the device’s WUXGA (1920×1200)[2] narrow bezel display paired with Acer TrueHarmony technology for elevated audio. Like the convertible model, the 16-inch laptop comes with a variety of ports that help professionals stay connected when out of the office.

The Acer TravelMate P4 14 (TMP414-42-TCO) features the latest AMD Ryzen PRO 8040 Series processors advanced with AMD Ryzen AI, with up to eight high-performance processing cores based on the “Zen 4” architecture, to deliver ultimate performance across collaboration, productivity and content creation applications. Ryzen AI empowers the AI PC with incredible speed, enabling enhanced privacy, excellent battery life, and whisper-quiet operation. It supports up to 64 GB of DDR5 memory, up to 1 TB of PCIe Gen4 storage, extended battery life, cutting-edge enterprise security features and modern Enterprise Mobility Management solutions as part of AMD PRO technologies

All the TravelMate P4 Series devices are designed to withstand the rigors of daily wear and tear without impeding performance. Their military-grade durability compliance[4] does just that and Acer Dust Defender helps minimize dust buildup internally that can be a cause of slowdown. Device protection extends even further with all devices equipped with discrete TMP 2.0, privacy shutters and fingerprint readers for secured logins, and an optional Smartcard reader for the TravelMate P4 models.

Enhanced with AI Features

Each of the TravelMate business laptops is equipped with new AI features for collaboration and creation, collated in the Acer Experience Zone on the TravelMateSense application. Creative professionals can leverage Acer LiveArt which helps to instantly remove the background of an image[8] with people, animals and objects and generate depth maps on 2D images. With GIMP and Intel Stable Diffusion plugin[9], they can also generate illustrations and images with just a few clicks and simple text input.

These TravelMate products also ship with the new Acer PurifiedView 2.0, which utilizes the NPU to offload AI-accelerated applications to optimize power consumption and create smoother experiences when videoconferencing and live streaming experiences with Background Blur, Automatic Framing, and Eye Contact to make users look their best at all times. The devices also enable Acer PurifiedVoice with AI Noise Reduction to actively suppress background noise for clearer audio.

Pre-installed Business Support Solutions

Acer’s suite of commercial solutions supports entrepreneurs and business owners to manage business functions and safeguard vital information. With the new TravelMateSense software, user can optimize, tailor, and access support systems on their laptops with one click of the TravelMateSense key. “Workflow” consolidates all the functions users may need in different work scenarios (Meeting, Away, and Work) and can be further customized based on specific preferences. “Secure Guard” provides a range of security-related features, including USB Device Filter, Personal Secure Drive, File Secure, and Dynamic Lock to keep the TravelMate devices safe from potential threats. With “Checkup”, users can examine the health of vital device components such as storage, RAM, and battery health which comes with a guide to perform calibrations for battery charging optimization. Further configurations on the system such as performance and charging modes, screen settings, and the DustDefender function are available along with an overview system status window on the home page for a real-time status report on the TravelMate devices.

Acer Office Manager is useful since it allows offices without dedicated IT staff to poll data, centralize resources and monitor IT assets in one portal. Safeguarding critical data is also made easier as Acer ProShield Plus integrates multiple security and management features in a single-client console.

Certified Earth-friendly

All Acer TravelMate laptops are EPEAT-registered and incorporate the use of recycled materials in their design and packaging, meeting the most demanding set of criteria for sustainability leadership in electronics.

Pricing and Availability

The Acer TravelMate P6 14 (TMP614-73) will be available in North America in July, starting at USD 1,429.99, and in EMEA in Q3, starting at EUR 1,359.

The Acer TravelMate P4 Spin 14 (TMP414RN-54) will be available in North America in July, starting at USD1,329.99, and in EMEA in Q3, starting at EUR 1,019.

The Acer TravelMate P4 16 (TMP416-53) will be available in North America in July, starting at USD 1,229, and in EMEA in Q3, starting at EUR 959.

The Acer TravelMate P4 14 (TMP14-42-TCO) will be available in EMEA in Q4, starting at EUR 949.

Exact specifications, prices, and availability will vary by region. To learn more about availability, product specifications and prices in specific markets, please contact your nearest Acer office via www.acer.com.

Visit Acer’s Media Center for product images and specifications, or visit the Acer Press Room to see all announcements.

Specifications

Name

Acer TravelMate P6 14

Model

P614-73

Operating System

Windows 11 Pro, Windows 11 Home

Processors

Intel® Core™ Ultra 7 processor 165H (Intel® AI Boost capable, and Intel® vPro™ Enterprise eligibility) 

Intel® Core™ Ultra 7 processor 155H (Intel® AI Boost capable)

Intel® Core™ Ultra 5 processor 135H (Intel® AI Boost capable, and Intel® vPro™ Enterprise eligibility)

Intel® Core™ Ultra 5 processor 125H (Intel® AI Boost capable)

Graphics

Intel® Arc™ Graphics eligible

Memory

Up to 32 GB dual-channel LPDDR5X SDRAM

Display

14.0″ display with OLED technology, WQXGA (2880×1800), 16:10 Aspect Ratio, 400 nits brightness, Acer CineCrystal™, 100% DCI-P3

Storage

Up to 1 TB, PCIe Gen 4, 16 Gb/s, NVMe, Dual slots

Camera

FHD camera (1920 x 1080) with 1080p HD video at 60 FPS; with Temporal Noise Reduction, and Privacy Shutter; Dual-mic support

Ports

Two USB Type-C (supporting Thunderbolt 4, USB charging and Power Delivery up to 65W), one USB 3.2 Gen 1 Type-A, HDMI 2.0, MicroSD Card reader

Battery, Battery life

65 Wh 4-cell Li-ion battery, fast charging; provides battery life up to 12 hours

Wireless and Networking

Wi-Fi 7 Wireless LAN and Bluetooth 5.3 or above

Security

Acer ProShield Plus, Discrete Trusted Platform Module (TPM) solution

Dimensions

313.4 (W) x 226.5 (D) x 16.9/18.9 (H) mm [12.34 (W) x 8.92 (D) x 0.67/0.74 (H) inches], 1.19 kg (2.62 lbs.)

System Compliance

Energy Star®, EPEAT®

 

Name

Acer TravelMate P4 Spin 14

Model

P414RN-54

Operating System

Windows 11 Pro, Windows 11 Home

Processors

Intel® Core™ Ultra 7 processor 165U (Intel® AI Boost capable, and Intel® vPro™ Enterprise eligibility) 

Intel® Core™ Ultra 7 processor 155U (Intel® AI Boost capable)

Intel® Core™ Ultra 5 processor 135U (Intel® AI Boost capable, and Intel® vPro™ Enterprise eligibility)

Intel® Core™ Ultra 5 processor 125U (Intel® AI Boost capable)

Graphics

Intel® Graphics

Memory

Up to 64 GB dual-channel DDR5 SDRAM

Display

14.0″ display with IPS technology, WUXGA (1920×1200), 16:10 Aspect Ratio, 340 nits brightness, 100% sRGB

Storage

Up to 1 TB, PCIe Gen4, 16 Gb/s, NVMe

Camera

FHD camera (1920 x 1080) with 1080p HD video at 60 FPS; with Temporal Noise Reduction, and Privacy Shutter; Dual-mic support

Ports

Two USB Type-C (supporting Thunderbolt 4, USB charging and Power Delivery up to 100W), twoUSB 3.2 Gen 1 Type-A, HDMI 2.0, MicroSD Card reader

Battery, Battery life

Up to 65 Wh 3-cell Li-ion battery, fast charging; provides battery life up to 14.5 hours

Wireless and Networking

Wi-Fi 6E Wireless LAN and Bluetooth 5.3 or above

Security

Acer ProShield Plus, Discrete Trusted Platform Module (TPM) solution

Dimensions

319 (W) x 229 (D) x 18.9/21.9 (H) mm [12.56 (W) x 9.02 (D) x 0.74/0.86 (H) inches], 1.49 kg (3.28 lbs.)

System Compliance

Energy Star®, EPEAT® Gold

 

Name

Acer TravelMate P4 16

Model

P416-53

Operating System

Windows 11 Pro, Windows 11 Home

Processors

Intel® Core™ Ultra 7 processor 165U (Intel® AI Boost capable, and Intel® vPro™ Enterprise eligibility) 

Intel® Core™ Ultra 7 processor 155U (Intel® AI Boost capable)

Intel® Core™ Ultra 5 processor 135U (Intel® AI Boost capable, and Intel® vPro™ Enterprise eligibility)

Intel® Core™ Ultra 5 processor 125U (Intel® AI Boost capable)

Graphics

Intel® Graphics

Memory

Up to 64 GB dual-channel DDR5 SDRAM

Display

16.0″ display with IPS technology, WUXGA (1920×1200), 16:10 Aspect Ratio, 400 nits brightness, 100% sRGB

Storage

Up to 1 TB, PCIe Gen 4, 16 Gb/s, NVMe, Dual slots

Camera

FHD camera (1920 x 1080) with 1080p HD video at 60 FPS; with Temporal Noise Reduction, and Privacy Shutter; Dual-mic support

Ports

Two USB Type-C (supporting Thunderbolt 4, USB charging and Power Delivery up to 65W), two USB 3.2 Gen 1 Type-A, HDMI 2.1, MicroSD Card reader

Battery, Battery life

53 Wh 3-cell Li-ion battery, fast charging; provides battery life up to 14 hours

Wireless and Networking

Wi-Fi 6E Wireless LAN, Bluetooth 5.3 or above

Security

Acer ProShield Plus, Discrete Trusted Platform Module (TPM) solution

Dimensions

358 (W) x 251 (D) x 18.9/20.9 (H) mm [14.09 (W) x 9.88 (D) x 0.74/0.82 (H) inches], 1.65 kg (3.64 lbs.)

System Compliance

Energy Star®, EPEAT®

 

Name

Acer TravelMate P4 14

Model

P414-42-TCO

Operating System

Windows 11 Pro

Processors

AMD Ryzen™ 7 PRO 8840U octa-core processor (AMD Ryzen™ AI capable)

AMD Ryzen™ 5 PRO 8640U hexa-core processor (AMD Ryzen™ AI capable)

AMD Ryzen™ 5 PRO 8540U hexa-core processor

AMD Ryzen™ 3 8840U quad-core processor

Graphics

AMD Radeon™ 780M Graphics

AMD Radeon™ 760M Graphics

Memory

Up to 64 GB dual-channel DDR5 SDRAM

Display

14.0″ display with IPS technology, WUXGA (1920×1200), 16:10 Aspect Ratio, 300 nits brightness, 100% sRGB

Storage

Up to 1 TB, PCIe Gen 4, 16 Gb/s, NVMe

Camera

FHD camera (1920 x 1080) with 1080p HD video at 60 FPS; with Temporal Noise Reduction, and Privacy Shutter; Dual-mic support

Ports

Two USB Type-C (supporting USB charging and Power Delivery up to 65W), two USB 3.2 Gen 1 Type-A, HDMI 2.1, SmartCard reader

Battery, Battery life

Up to 65 Wh 4-cell Li-ion battery, fast charging; provides battery life up to 14 hours

Wireless and Networking

Wi-Fi 6E Wireless LAN and Bluetooth 5.3 or above

Security

Acer ProShield Plus, Discrete Trusted Platform Module (TPM) solution

Dimensions

319 (W) x 229 (D) x 18.9 (H) mm [12.56 (W) x 9.02 (D) x 0.74 (H) inches]., 1.39 kg (3.06 lbs.)

System Compliance

Energy Star®, EPEAT®

About Acer

Established in 1976, Acer is a hardware + software + services company dedicated to the research, design, marketing, sale, and support of innovative products that enhance people’s lives. Acer’s product offerings include PCs, displays, projectors, servers, tablets, smartphones and wearables. It is also developing cloud solutions to bring together the Internet of Things. Acer celebrated its 40th anniversary in 2016 and is one of the world’s top 5 PC companies. It employs 7,000 people worldwide and has a presence in over 160 countries. Please visit www.acer.com for more information.

© 2024 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Celeron, Intel and the Intel logo are trademarks of Intel Corporation or its subsidiaries in the U.S. and/or other countries. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

[1] Microsoft Copilot is embedded in Microsoft 365 apps and requires pre-installment.

[2] Specifications may vary depending on model and/or region. All models subject to availability.

[3] Battery life is measured under specific test settings and conditions pursuant to MobileMark 2025. Actual battery life may vary considerably by specifications, model, and operating conditions.

[4] MIL-STD 810G/H is a testing protocol conducted in controlled settings and does not guarantee future performance in all situations. Do not attempt to simulate these tests, as damage resulting from this will not be covered by Acer’s standard warranty.

[5] For more information on our TCO Certified devices, please contact your local sales representative.

[6] PCR material on B cover and power adapter

[7] EPEAT® registration varies by country. See http://www.epeat.net/ for registration status for each country.

[8]  Image format in .jpg and .png and size up to 10MB. Acer LiveArt updated version, availability and rollout timing varies by models.

[9] Only supported on Intel models.

 

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On World Cleanup Day 2024, VIAIM’s Newly Launched Service Upgrade Provides Added Multilingual Support and Commitment to Environmental Goals, Helping to Shape a More Sustainable Future

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SINGAPORE, Sept. 20, 2024 /PRNewswire/ — VIAIM,  an AI technology hardware company deeply rooted in the smart office sector, is marking the inaugural World Cleanup Day 2024, which falls on September 20, with the official launch of a service package upgrade, reinforcing its dedication to both innovation and environmental responsibility.

This upgrade introduces Malay and Thai language support, expanding the total number of supported languages from 11 to 13. With these additions, VIAIM is taking another step towards making seamless cross-cultural communication more accessible, especially for users across Southeast Asia. At the same time, the Company continues to align its operations with sustainability efforts, lowering the usage threshold for customers and offering environmentally friendly solutions that contribute to a greener planet.

As part of VIAIM’s latest service package upgrade, users enjoy enhanced features designed to make their work and daily lives more efficient. These include free transcription and translation time, along with increased access to To-do List and Summary functions, providing customers with more comprehensive functionality at no additional cost.

These upgrades not only reflect the brand’s core philosophy of “user-first”, but also emphasize VIAIM’s commitment to continuously enhancing user experiences. Now, users can manage tasks more effectively, saving time and reducing the need for additional services, making their workflow more streamlined and productive.

Beyond product and service innovations, VIAIM remains committed to its environmental goals, aligning with global best practices in environmental, social, and governance (ESG) initiatives. VIAIM believes that, just as its users seek to improve their daily lives through technology, the company must contribute to a better world for future generations.

VIAIM is fully committed to environmental protection and sustainable development through its use of molded pulp, an environmentally friendly material for packaging while maintaining a laser focus on technology upgrades that reflect its customer-centric philosophy. The company utilizes molded pulp, an eco-friendly packaging material, to minimize environmental impact, while its smart office solutions contributes to a paperless workplace, further reducing waste. This dual focus on customer convenience and sustainability enhances the overall value that VIAIM delivers to its global customer base.

“Innovation serves as a breakthrough in technology and is also a cornerstone of environmental and social responsibility,” said TOM, Product Manager of VIAIM. “With our latest service upgrades, we not only improve the user experience but also make it easier for our customers to participate in sustainable practices. By embracing these advancements, users can contribute to environmental preservation, while enjoying the benefits of advanced cross-language support and smarter office tools. VIAIM’s mission is to bridge technological innovation with social responsibility, inviting our customers to join us in creating a brighter, more sustainable future.”

About VIAIM

VIAIM is an innovative technology company in the consumer-goods sector. With a focus on versatile, multimodal interactions, we strive to provide effective solutions that meet users’ specific needs. By harnessing state-of-the-art technology, we bring our visionary ideals to life, helping people embrace the incredible possibilities the Company offers.

CONTACT:
Qian Wang
wangqian@vision-intelligence.tech

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SOURCE VIAIM

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G42 Collaborates with NVIDIA to Deliver Next-Generation Climate Solutions Using Earth-2

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ABU DHABI, UAE, Sept. 20, 2024 /PRNewswire/ — G42, a leader in AI and cloud computing, today announced that it is partnering with NVIDIA to advance climate technology with a focus on developing AI solutions aimed at dramatically enhancing the accuracy of weather forecasting globally.

The collaboration builds on NVIDIA’s Earth-2, an open platform that accelerates climate and weather predictions with interactive, AI-augmented, high-resolution simulation. G42 and NVIDIA will initially focus on a square-kilometer resolution weather forecasting model that improves the accuracy of meteorological predictions.

Key to this initiative is the establishment of a new operational base and Climate Tech Lab in Abu Dhabi. This state-of-the-art facility will serve as a hub for research and development, driving forward both companies’ commitment to environmental sustainability. This facility will also mobilize the creation of tailored climate and weather solutions that leverage over 100 petabytes of geophysical data assets.

Peng Xiao, Group CEO of G42, said, “This initiative with NVIDIA is a testament to our commitment to applying AI in ways that not only innovate but also solve critical global challenges. Establishing the Earth-2 Climate Tech Lab in Abu Dhabi allows us to leverage our unique capabilities and insights to foster a sustainable future for the world.”

In addition to fostering innovation in climate technology, the initiative will focus on building a robust framework for integrating enhanced weather prediction capabilities with comprehensive data metrics and visualization. This will assist organizations worldwide in achieving their sustainability goals through well-informed, data-driven environmental strategies.

“Our collaboration with G42 marks a pivotal step toward harnessing AI to understand and predict climate phenomena with unprecedented accuracy,” said Jensen Huang, founder and CEO of NVIDIA. “The Earth-2 Climate Tech Lab will propel environmental solutions using the most advanced accelerated computing and AI technology to benefit millions of people around the world.”

By uniting G42’s AI expertise with NVIDIA’s computational acumen, this partnership aims to deliver transformative climate solutions that combine scientific accuracy with real-world applicability, driving impactful change across industries and ecosystems.

About G42

G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today.
To know more visit www.g42.ai.

Media contacts
Media and PR Team, G42
media@g42.ai

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Kawasaki and CB&I Sign Strategic Collaborative Agreement for Promoting Commercial-Use Liquefied Hydrogen Supply Chain

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HOUSTON, Sept. 19, 2024 /PRNewswire/ — Kawasaki Heavy Industries, Ltd. (Kawasaki) and CB&I, a wholly owned unrestricted subsidiary of McDermott, announced today their signing of a strategic agreement for promoting a commercial-use liquefied hydrogen (LH2) supply chain and realizing a zero-carbon-emission society. The signing ceremony took place at Gastech Exhibition & Conference in Houston on September 18, 2024.

“We are very pleased for this opportunity to build and launch a commercial liquefied hydrogen supply chain in cooperation with CB&I,” said Motohiko Nishimura, President, Energy Solutions & Marine Engineering Company, Kawasaki Heavy Industries, Ltd. “By taking advantage of both companies’ strengths and specialized know-how, we aim to cost down hydrogen, strengthen hydrogen supply chain competitiveness, and accelerate the transition to a zero-carbon society.”

Both companies will use their specialized know-how to provide infrastructure that will enable commercial-scale international LH2 supply chains in order to help achieve carbon-neutrality. By leveraging our combined expertise to deliver large-scale LH2 infrastructure solutions, CB&I and Kawasaki are removing barriers, driving down costs and enhancing scalability across the entire supply chain.

“This strategic partnership represents a significant advancement in liquid hydrogen storage capabilities,” said Mark Butts, Senior Vice President of CB&I. “Our technical expertise and extensive experience in liquid hydrogen storage position us at the forefront of the energy transition, delivering reliable storage solutions and executing projects worldwide with proven success.”

Under this agreement, the companies will provide infrastructure to advance the global realization of a sustainable energy economy and meet decarbonization targets. This collaboration will reduce LH2 infrastructure costs and contribute to more widespread use of this clean and efficient energy source.

About CB&I
CB&I is the world’s leading designer and builder of storage facilities, tanks, and terminals. With more than 60,000 structures completed throughout its 130-year history, CB&I has the global expertise and strategically located operations to provide its customers world-class storage solutions for even the most complex energy infrastructure projects. CB&I is a wholly owned unrestricted subsidiary of McDermott. To learn more, visit www.cbi.com.

About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott’s innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.

About Kawasaki Heavy Industries, Ltd.
Kawasaki Heavy Industries, Ltd. is general engineering manufacturer with over 125 years of experience manufacturing products spanning land, sea and air. Kawasaki established the Kawasaki Group’s new vision statement, “Group Vision 2030: Trustworthy Solutions for the Future,” and is focusing on three fields, “A Safe and Secure Remotely-Connected Society,” “Near-Future Mobility,” and “Energy and Environmental Solutions” in order to provide solutions for social issues. For “Energy and Environmental Solutions” in particular, by securing the technology necessary for the entire supply chain (for production, transportation, storage and utilization) ahead of the rest of the world, Kawasaki aims to bring about a society that utilizes hydrogen, the ultimate clean energy that emits no carbon dioxide when used. To learn more, visit https://global.kawasaki.com/en.

Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected benefits from the collaboration agreement discussed in this press release.  Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott’s management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

For media inquiries, please use the contact information below:

Reba Reid
Global Media Relations
+1 281 588 5636
RReid@McDermott.com

Kristi Krupala-Grove
CB&I Media Relations
+1 346 313 9636
KKrupala2@mcdermott.com

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