Planet Water Foundation Announces Major Activation Around Handwashing in Conjunction With Global Handwashing Day

Handwashing facilities, hygiene education and clean water access provided across 20 communities in six countries in month of action

Planet Water Foundation handwashing project in Pune, India. October 2021

Planet Water Foundation handwashing project in Pune, India. October 2021

PHOENIX, Oct. 13, 2021 (GLOBE NEWSWIRE) —  Planet Water Foundation, a leading non-profit organization that addresses global water poverty by delivering clean water access and hygiene education programs, announces the launch of a major activation around handwashing, during which they will be deploying handwashing facilities and handwashing education programming to communities in need, alongside their community water filtration systems.

In conjunction with Global Handwashing Day, which takes place on October 15, Planet Water and its donor partners are engaging in a month of action across six countries – Cambodia, India, Indonesia, Mexico, Philippines and Vietnam. Recipient communities in these countries are each receiving an AquaTower community water filtration system, which includes integrated handwashing stations to make handwashing convenient and frequently practiced. Each project is deployed with one year’s supply of liquid hand soap, together with Planet Water’s Hygiene Education program, which teaches about germs and how they spread, the importance of how and when to wash hands with soap, and healthy hygiene habits to create a change in behavior and knowledge around water-health and hygiene.

Enhancing the educational side of this activation in India, Planet Water has collaborated with long-standing partner Sesame Workshop India (SWI). As part of the partnership, SWI is further amplifying the messaging on handwashing in India through its online platforms with educational content and activities featuring Elmo and other well-known Muppets.

“With handwashing becoming increasingly important due to the ongoing pandemic, we felt it was imperative that we help increase awareness of the need for handwashing across the communities in which we operate, and to provide people with the tools and knowledge to make handwashing something they can practice routinely,” said Mark Steele, CEO and Founder of Planet Water Foundation. “Handwashing has been a key part of our hygiene education program for over 10 years, and thanks to the support of our donor partners, we are pleased to be able to make such a positive contribution with this activation.”

Project supporters this year include Xylem, Watts Water Technologies, Inc., The Starbucks Foundation, SWM International, Freudenberg, and Columbia Sportswear.

About Planet Water Foundation

Planet Water Foundation is a non-profit organization focused on bringing clean water to the world’s most impoverished communities through the installation of community-based water filtration systems and the deployment of hygiene education programs. Planet Water Foundation projects are focused on children, schools, and rural/peri-urban communities across Asia and Latin America. Since 2009, Planet Water has deployed more than 1,500 projects that provide clean water access to more than two million people across 15 countries. For more information, visit www.planet-water.org.

Media contact: John Deotrakul (john@planet-water.org)

Related Images

Image 1: Planet Water Foundation handwashing project in Pune, India. October 2021

Planet Water Foundation is providing handwashing facilities, hygiene education and clean water access to 20 communities across six countries as part of their activation around Global Handwashing Day.

This content was issued through the press release distribution service at Newswire.com.

Attachment

Mattermost Launches New Project and Workflow Management Solutions for Developers

Open source collaboration platform delivers alternatives to tools like Slack, Trello, and Notion to help R&D teams improve productivity and accelerate digital operations

Palo Alto, Calif., Oct. 13, 2021 (GLOBE NEWSWIRE) — Mattermost, Inc. today announced several new additions to its open source project at KubeCon® + CloudNativeCon North America 2021, launching and integrating modern project and workflow management solutions into its popular developer collaboration platform. Built for technical teams, Mattermost now provides flexible alternatives to tools like Slack®, Trello®, and Notion® through a unified platform for increased collaboration and productivity across a wide range of software development processes — from sprint planning and release management to incident resolution and retrospectives.

With heightened awareness around the urgency for remote collaboration and modernization of enterprise processes, developers have been increasingly asked to circumvent fragile processes, talent shortages, and security risks to deliver performance, innovation, and digital operations at scale. The newest update to the core Mattermost® platform emphasizes the complexities of these staggering objectives and the need for dynamic solutions that empower R&D teams with autonomy, flexibility, and security.

The launch of Mattermost’s modern project and workflow management solutions also reflects the company’s evolution beyond secure messaging to enable team alignment and operational agility across sophisticated R&D use cases. Unlike general collaboration products, the Mattermost platform now allows developers to contribute directly to its solutions and customize their workspaces to adapt to their preferred team processes. Mattermost also provides teams with the option to deploy on-premise or in a secure cloud instance. This gives companies more control over their data and assists them in meeting stringent security and privacy compliance standards such as those found in HIPAA, FINRA, GDPR, country-specific data sovereignty, and other regulatory requirements.

“As organizations navigate the shift to always-on digital operations, teams that effectively align their people, tools, and processes across each stage of the development lifecycle are increasing their velocity, improving delivery and gaining a strategic advantage,” said Ian Tien, co-founder and CEO of Mattermost. “With developers reporting that nearly 40% of their workweek is wasted due to tool fragmentation, manual tasks, fragile workflows, and service-impacting incidents and outages, we see a huge opportunity to help every R&D team in the world improve their operations and productivity with collaboration solutions built specifically for the way they work.”

Founded in 2016, Mattermost has powered over 800,000 developer workspaces worldwide and has a community of over 4,000 open source contributors who have updated the platform over 30,000 times since its initial release. Mattermost’s commercial offerings are used by over 800 organizations, including European Parliament, NASA, Nasdaq, Samsung, SAP, the United States Air Force, and Wealthfront.

“Mattermost has been unimaginably effective for our company and continues to exceed expectations with every new release,” said Daniel Gover, IT system administrator for Crossover Health. “The platform helps us ensure that we’re staying HIPAA-compliant while letting our clinicians collaborate efficiently and seamlessly.”

“Developer velocity is increasingly essential to driving digital operations and modernization across the enterprise,” said Paul Nashawaty, senior analyst for Enterprise Strategy Group. “Mattermost is helping to meet this requirement with a collaboration platform that reduces context switching and delivers visibility and control across the developer workflow and toolchain.”

This update to the Mattermost platform is now available to all users and features enhanced navigation and multiple tightly integrated collaboration tools, including:

Channels: The foundation of the Mattermost platform, Channels bring all of your team’s communication into one place, so you have complete visibility and control. Channels come with team messaging, conferencing, and file sharing features beyond general-purpose collaboration, including slash commands, code syntax highlighting, rich Markdown formatting, code snippets, and bot integrations.

Playbooks: Playbooks are prescribed workflows that streamline complex, recurring processes. Playbooks run side-by-side with Channels and make any structured process repeatable and predictable using checklists, triggers, automation, and tool integrations. Continuous improvement is built into each playbook with learnings and retrospectives.

Boards: Boards are Kanban-style task and project management solutions with clearly defined tasks, owners, checklists, and deadlines. Boards help teams increase transparency and keep all resources readily available, including documents, images, and links, and are used to help teams achieve project milestones and manage projects and tasks of any size.

Connections: Connections are integrations and extensions with leading developer tools, including GitHub®, Jenkins®, Circle CI®, GitLab®, Jira®, PagerDuty®, and ServiceNow®. Connections allow developers to turn any Channel into a CLI through built-in or custom commands to execute actions directly, such as posting to Channels, listening for new messages with incoming and outgoing webhooks. Developers can build Connections through custom apps, open APIs, plugins, and webhooks. The Mattermost App Framework allows developers to define custom interactive add-ons that support web, mobile, and desktop clients without changes. Apps can be written in any language, deployed on any HTTP server, or hosted as an AWS Lambda function.

Controls: Controls provide extensive data protection, information governance, eDiscovery, enterprise information archiving support, and identity/access management. Controls give administrators the ability to set granular permissions to control access to sensitive data and can be customized to meet your specific compliance requirements with fine-grained data retention, audit logs, the ability to programmatically archive and export records, and integration with Global Relay and Smarsh/Actiance for compliance, archiving, and analytics. Deployment options are available in on-prem or secure cloud environments to meet the strict requirements of GDPR, AICPA, CCPA, FINRA, HIPAA, and more.

To learn more about Mattermost’s developer collaboration platform, attendees can find the team at booth #S12 at KubeCon + CloudNativeCon North America 2021, or please visit the Mattermost Blog.

About Mattermost:

Mattermost is an open source platform for secure collaboration across the entire software development lifecycle. Hundreds of thousands of developers around the globe trust Mattermost to increase their productivity by bringing together team communication, task and project management, and workflow orchestration into a unified platform for agile software development.

Founded in 2016, Mattermost’s open source platform powers over 800,000 workspaces worldwide with the support of over 4,000 contributors from across the developer community. The company serves over 800 customers, including European Parliament, NASA, Nasdaq, Samsung, SAP, United States Air Force and Wealthfront, and is backed by world-class investors including Battery Ventures, Redpoint, S28 Capital, YC Continuity. To learn more, visit www.mattermost.com.

Mattermost and the Mattermost logo are registered trademarks of Mattermost, Inc. All other trademarks are the property of their respective owners.

Jeff Benanto
Mattermost
5083619001
jeff.benanto@mattermost.com

Brave14 Capital, a Venture Fund Raised by a High School Student, Launches With Top Investors From Throughout the US

Taarini Kaur Dang

Taarini Kaur Dang

FREMONT, Calif., Oct. 13, 2021 (GLOBE NEWSWIRE) — Brave14 Capital, L.P. is excited to announce that it has successfully raised $870,000 for its first Venture Capital (VC) fund. Brave14 Capital was launched by Taarini Kaur Dang, a high school senior in Silicon Valley. This is a unique fund because of its mission of changing the world using Venture Capital by investing in social impact and diverse companies. It is also unique because Taarini has raised capital from Institutional Limited Partners and topmost VCs who typically don’t even invest in first-time funds, let alone investing in a fund created by a high schooler or a college student.

Taarini incubated the idea for Brave14 Capital at the age of 14 years when she was in 8th grade. Taarini’s story of a young girl leveraging Venture Capital to change the world has resonated with several visionary and experienced investors and topmost Institutional Limited Partners. She has been able to attract funding from Ray Lane (Founding Managing Partner of GreatPoint Ventures, ex-Oracle President/COO and ex-KPCB General Partner), Nick Goldstein (Managing Director at Liberty Lane Partners), Ashok Krishnamurthi (Managing Partner of GreatPoint Ventures, a serial entrepreneur having sold two companies to Oracle and Roche Diagnostics, Former EVP Juniper Networks), Reshma Saujani (Founder and CEO of Girls Who Code), Nihal Mehta (Founding General Partner of Eniac Ventures), John Anderson (Founder and Senior Partner at Spring Creek Partners and the first LP in Kleiner Perkins in 1972), Anthony Annino (CEO of RiverRock Funds), et al.

Taarini has been driving several entrepreneurial and socially impactful activities since starting in middle school. At the age of 13, she wrote a book (The Young Aspiring Entrepreneur) on how to overcome age and gender barriers. The book has a foreword from ex-Intel Capital President Wendell Brooks and quotes from Ray Lane, UC San Diego Chancellor Pradeep Khosla, Stanford Associate Professor of Entrepreneurship Chuck Eesley, Intel’s Chief Diversity Officer Barbara Whye, and author Linda Swindling.

“After reading a draft of her book, I was so impressed that I asked her to speak at our next limited partner conference. The way she thinks about technology is kind of interesting to hear from people that are so young that they see things we don’t see as adults. Taarini breaks the mold because of her egalitarian and social impact mindset that brings a unique perspective to the world of Venture Capital. She epitomizes the new-age thinking that refuses to accept the status quo of gender inequality,” said Ray Lane (Founding Managing Partner of GreatPoint Ventures).

“In order to solve the world’s most pressing problems, we need investors like Taarini who are creative and innovative,” said Reshma Saujani (Founder and CEO of Girls Who Code) and Nihal Mehta (Founding General Partner of Eniac Ventures).

“What the world needs are more Taarinis. Her curiosity, drive, enthusiasm, and most of all her desire to make a difference is something for many to emulate. I am sure that she will set a new standard to investing,” said Ashok Krishnamurthi (Founding Managing Partner of GreatPoint Ventures).

“Taarini proves that nothing is impossible if you pursue it with passion. She brings a forward-looking mindset focused on identifying technology solutions that will impact the world,” said Nick Goldstein (Managing Director at Liberty Lane Partners).

“I am blessed to have very reputed investors who believe in the fund’s mission. I am extremely thankful to all the LPs who have put faith in me. My journey has just begun. I want to inspire more young women to enter the field of Venture Capital to fix the gender gap in the investment world. I want all young women not to be afraid to dream big, keep persevering, and not let rejections or biases distract them from their mission,” said Taarini.

Taarini’s journey to finally raising a VC fund has been challenging due to age and gender biases, but she didn’t give up. She has been a TEDx Speaker and has spoken at several top technology conferences like Google Female Founders Summit, Collision, TiECon, Women’s March, ATEA, AI ShowBiz Summit, etc. Taarini is the youngest person to win the Young American-Indian Award, which she received from the Indian Ambassador to the US Navtej Sarna for her work in Entrepreneurship in 2018. She has been featured by BBC as a teenager making a social impact. Taarini has also been featured by Nasdaq, Chicago News, Mercury News, and TV show Good Morning LaLa Land. In 2019, she was ranked in the Top 100 Women in Finance in India. She has been writing for Forbes regarding Artificial Intelligence.

Contact:

Taarini Kaur Dang

taarini@brave14capital.com

Related Images

Image 1: Taarini Kaur Dang

Youngest Venture Capitalist, High Schooler, Forbes Writer in AI, TEDx Speaker, and Women Empowerment Champion

This content was issued through the press release distribution service at Newswire.com.

Attachment


Copyright © 2021 GlobeNewswire, Inc.

Informa Pharma Intelligence Partners with ICON to Launch an Integrated Predictive Analytic Solution for Clinical Trial Feasibility

The companies will combine their extensive expertise and data sets to enhance Citeline Study Feasibility and help clinical trial teams accelerate the time to first and last patient in

NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) — Informa Pharma Intelligence, the global business intelligence provider for the biopharma industry, today announced its partnership with ICON plc, one of the world’s leading contract research organizations (CROs), to elevate its cutting-edge, predictive analytic solution for clinical trial feasibility planning — Citeline Study Feasibility.a

Informa Pharma Intelligence will combine its best-in-class clinical trial and real-world data sets with ICON’s rich clinical trial activation, cycle time, performance, and quality data to train Citeline Study Feasibility’s predictive machine learning algorithms. Informa Pharma Intelligence’s product development and data science experts will also build additional capabilities into the Citeline Study Feasibility user interface based on ICON’s trusted guidance as a world leading CRO. Combining ICON and Informa Pharma Intelligence’s complementary data sets and expertise will hone the platform’s feasibility predictions, improve feasibility analysis workflows, help to accelerate clinical trial timelines, and further reduce non- and low-enrolling sites.

“A strong foundation of credible data is essential to refining any machine learning model. Informa Pharma Intelligence has decades of experience curating and enriching the industry’s most comprehensive, granular, and accurate data sets,” said Nicky Marlin, Chief Product and Technology Officer at Informa Pharma Intelligence. “We are honored that ICON recognized the potential in our strong data foundation, product development capabilities, and data science expertise. This partnership is an exciting step forward in our mission to provide the biopharma industry with one of the best analytic solutions for clinical trial feasibility.”

The predictions and capabilities in Citeline Study Feasibility will help reduce cost and manual effort in the clinical trial planning process, so feasibility teams across the industry can quickly see the impact of specific trial elements on predicted enrollment timelines and optimize projected enrollment of patients accordingly. Feasibility predictions can also be made for new trial designs that may not have a perfect match in historical data. This way, platform users can explore innovative and experimental trial designs and locations without the risk of wasting resources or investing in non-performing sites.

“An optimal study feasibility process is one of the cornerstones of successful clinical drug delivery,” said Tom O’Leary, Chief Information Officer at ICON. “Informa’s access to industry data and their data science expertise, make it an ideal partner for ICON to work with to continue providing cutting edge, innovative and best in class data driven solutions to our customers, enabling ICON to continue to lead the way in clinical drug development.”

For more information on Citeline Study Feasibility, visit Informa Pharma Intelligence or contact pharma@informa.com.

About Informa Pharma Intelligence
Informa Pharma Intelligence powers a full suite of analysis products – Datamonitor Healthcare™, Sitetrove™, Trialtrove™, Pharmaprojects™, Biomedtracker™, Scrip™, Pink Sheet™ and In Vivo™ – to deliver the data needed by the pharmaceutical and biomedical industry to make decisions and create real-world opportunities for growth.

With more than 400 analysts keeping their fingers on the pulse of the industry, no key disease, clinical trial, drug approval or R&D project isn’t covered through the breadth and depth of data available to customers. For more information, visit pharmaintelligence.informa.com.

About ICON plc
ICON plc is a world-leading healthcare intelligence and clinical research organisation. From molecule to medicine, we advance clinical research providing outsourced services to pharmaceutical, biotechnology, medical device and government and public health organisations. We develop new innovations, drive emerging therapies forward and improve patient lives. With headquarters in Dublin, Ireland, ICON operates from 150 locations in 47 countries and has approximately 38,000 employees as of July 1, 2021. For further information about ICON, visit: www.iconplc.com and www.iconplc.com/pra.

Informa Pharma Intelligence PR Contact
Diffusion PR for Informa Pharma Intelligence
informapharma@diffusionpr.com
(213) 318-4500

Webtel.mobi’s Global Alliance of Affiliates is Already in 193 Countries With 288 Million Members – and Growing Rapidly

WM’s Global Expansion via its VSMP Affiliates is already one of the fastest in history – providing a free expansion capacity worldwide for WM, free additional revenues for entities acquiring VSMPs and cost reductions of up to 80% for Members

ST PETER PORT, Guernsey and NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) — Global Telephony Provider Webtel.mobi’s (“WM’s”) method for global expansion is via affiliates known as “Virtual Specialized Mobile Providers” or “VSMPs” (WM is a “Specialized Mobile Provider” or “SMP”).

Without even promoting its VSMP Program, WM has already established VSMPs covering 193 countries, which have 288 million Members within them, and anticipates increasing the VSMP and Member totals by factors in a short period.

The opportunity to establish a VSMP is open to any “Eligible Entities” entities worldwide. An Eligible Entity is an entity (or person) that has:

  1. An existing base of members, subscribers, clients, customers, students, or any other collection of persons
  2. That the Eligible Entity communicates with – or has the ability to communicate with – from a central point.

The mutual-support relationship between WM and its VSMPs is as follows:

WM Provides:

  1. A fully operational replica of its own Platform – with the appearance customized to the Eligible Entity’s preference.
  2. All Technical support.
  3. 10% of the net revenue from all revenue passing through the VSMP.
  4. All at zero cost to the Eligible Entity

In return, the Eligible Entity:

  1. Receives WM’s retail marketing messages every week (one per week), and
  2. Provides the retail-marketing message to its existing member, subscriber, client, customer, student, or any other base.

Eligible Entities are encouraged not to incur any costs when forwarding the weekly marketing messages to their existing bases, and just to insert the weekly marketing messages into the standard communication method used to communicate with their existing member base – be it email, letter, flyer, blog, or any other method they use.

This is to keep with WM’s corporate philosophy of providing all applicants with a level playing field, so that whether an Eligible Entity is wealthy or struggling, they have equal opportunity to be successful based on their own personal excellence and drive to succeed. That is also why Eligible Entities (or persons) do not need to incur any cost at all when acquiring their VSMP, or for ongoing technical support, or maintenance of the VSMP.

This win-win methodology is why WM never has to carry out any media or marketing campaigns to continuously expand. Via its VSMP, it has 100% saturation-marketing capacity directly to existing member-bases of existing entities, worldwide. It has this at zero cost to either WM or to the Eligible Entity (see the “Resources” section of this article for WM’s “Four Wins” methodology).

Eligible Entities have the opportunity to increase their revenues to more than the 10% of net total revenue gained just from having the VSMP and sending out the marketing material to their existing member base. This is because they are also able to:

  1. Provide access to TUV Digital Currency acquisition for their VSMP Members
  2. Provide TUV Redemption services to their VSMP Members
  3. Provide other support services to their VSMP Members
  4. All of which are electively provided (or not) by the Eligible Entity, and the Eligible Entity can charge additional fees – set by them – for electively providing these additional services.

WM’s VSMP program is the world’s largest franchise operation by geographic coverage – but the only one that has absolutely zero acquisition cost, zero running costs and zero maintenance costs for the acquiring franchisee.

Moreover, acquisition of a VSMP by an Eligible Entity instantly provides it with over 20 additional revenue streams at zero cost, and with zero personnel, premises, or equipment requirements. It also provides the Eligible Entity with the ability to cut its own costs exponentially, by also using its own VSMP for all the services that are provided to its members from it.

The range of entities that have established VSMPs to date is as wide in scope as the number of business and organization types that exist.

Businesses and Companies in the accounting, financial services, mobile telephony, logistics, public relations, transport, shipping, retail, security, wholesale, real estate and multiple other sectors have acquired VSMP.

Other than this, organizations such as civil society organizations, websites and blogs, charities, universities, hospitals, labor associations and many more have also acquired their own VSMPs.

Collectively, WM and its VSMPs are known as the “TEL.mobi Group Global Alliance (see the “Resources” section of this article for a link to the TEL.mobi Group Global Alliance page) .

This wide range of entities that acquire VSMPs is because all the services provided on the WM Platform are utility-level services used by all persons and entities, in all sectors, worldwide. Therefore, they are relevant and useful to – and used by – all persons and entities, in all sectors, in all countries, worldwide.

WM also provides every VSMP’s two Responsible Persons (known as Contact Persons) with their own online “VSMP Control Panel” – which is a segmentalized section of WM’s Complex Adaptive System. From this online Control Panel, they can see every action taking place on their own VSMP (anonymized for member privacy), and see their revenue-share – which is remitted to them on a 24-hourly basis.

WM also provides all VSMPs with a “VSMP Handbook”, so they have access to all relevant information on their VSMP’s capacities, uses, revenue-generating capacities, methods, and all other relevant information (see the “Resources” section of this article for a link to the VSMP Handbook).

To apply to acquire a VSMP, all an Eligible Entity needs to do is to contact WM by email. Alternatively, WM has made it possible for Eligible Entities to initially establish their own VSMP by themselves – directly from their own WM accounts.

All a WM Member needs to do to establish its own VSMP is to click on the “Apply for an Affiliate (VSMP)” link in their own WM account, and, in less than 60 minutes, they can have their own fully functional version of the WM Platform for their own Entity.

There are no corporate requirements for Eligible Entities that establish VSMPs, because the VSMP is a front-end marketing platform of WM, and WM controls all process flows – so the Eligible Entity incurs no legal, corporate or other liability, and does not need to register the VSMP as a company in their jurisdiction.

Webtel.mobi’s VSMP Program fulfils many roles. For WM, it secures saturation and global zero-cost retail marketing capacities globally, directly to Eligible Entities’ existing members. For the Eligible Entities it secures an instant generation of revenues from more than 20 additional revenue streams – which they would otherwise not be able to acquire – at zero cost.

Moreover, the VSMP Program provides an equal-opportunity playing field to all acquiring Entities or persons, where the opportunity to be successful is not dependent on money, status or artificial support mechanisms – but rather just on people’s own personal excellence, and their desire to succeed.

Resources:

Media Contact:
Nick Lambert: wm@thoburns.com

The TEL.mobi Group Global Alliance:
https://webtel.mobi/pc/info/tmg-global-alliance/

Application for a VSMP:
https://webtel.mobi/pc/info/how-to-apply-to-be-a-wm-affiliate/

VSMP Handbook:
https://webtel.mobi/media/info/telmobi-group-vsmp-handbook.pdf

Example of the VSMP Program’s popularity:
https://webtel.mobi/media/info/malaysian-reserve_article.png

Examples of WM’s VSMPs:
GCEtel.mobi: https://gcetel.mobi/pc
WORLDtel.mobi: https://worldtel.mobi/pc
PAYtel.mobi: https://pay.webtel.mobi/pc
BUSSTECHtel.mobi: https://busstech.webtel.mobi/pc
UFStel.mobi: https://ufs.webtel.mobi/pc

TEL.mobi Group’s “4 wins” Expansion Methodology:
https://webtel.mobi/pc/info/tel.mobi-group/#The-TEL.mobi-Groups-Win-Win-Win-Win-4%20Wins-Structure

Video on the Capacities of the WM System:
https://youtu.be/XYBrCikUhn8

Research Reports on the Capacities of the WM System:
https://tinyurl.com/TUVresearch

WM’s urls:
https://webtel.mobi/pc (Tablets / Laptops / Desktops)
https://webtel.mobi (Smart Phones)
https://webtel.mobi/wap (Pre-Smart Mobile Phones)

Phillips 66, Plug Power Sign Agreement to Advance Green Hydrogen

Collaboration to scale green hydrogen throughout industrial and mobility sectors, while advancing development of key hydrogen infrastructure and fueling capabilities

HOUSTON and LATHAM, N.Y, Oct. 13, 2021 (GLOBE NEWSWIRE) — Phillips 66 (NYSE: PSX) and Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today announced that the companies have signed a memorandum of understanding to collaborate on the development of low-carbon hydrogen business opportunities.

Phillips 66, which has 13 wholly owned and joint venture refineries in the U.S. and Europe, owns extensive hydrogen-related infrastructure and uses hydrogen in the manufacturing of transportation fuels. With over 20 years of history, and customers like Amazon, Walmart and Home Depot, Plug Power is a leader in hydrogen fuel cells and electrolyzers. The company has begun construction on state-of-the-art green hydrogen production facilities in California, New York, Tennessee and Georgia that will ultimately supply 500 tons per day of liquid green hydrogen by 2025.

As part of this agreement, the companies will explore ways to deploy Plug Power’s technology within Phillips 66’s operations, leveraging Plug Power’s experience as a full value chain provider within the hydrogen economy. Plug Power will benefit from Phillips 66’s capabilities as a developer of large-scale energy infrastructure, operator of industrial-scale hydrogen production facilities, and presence in the fuels marketing segment in the U.S. and Europe.

“We are excited to team up with Phillips 66 to take advantage of its rich history in the energy industry and forward momentum in the energy transition,” said David Bow, Executive Vice President of Electrolyzers Solutions at Plug Power. “Phillips 66 stands to help us meet our goal of producing 1,000 tons per day of green hydrogen while deploying cost-efficient solutions within the renewable fuels sector.”

The companies’ memorandum of understanding provides a framework for working together on three key objectives:

  • integrating and scaling low-carbon hydrogen in the industrial sector;
  • advancing hydrogen fueling opportunities for the mobility sector; and
  • developing hydrogen-related infrastructure to support the build-out of the hydrogen value chain.

“We believe hydrogen is an important pathway for hard-to-electrify industries in a lower-carbon energy landscape,“ said Heath DePriest, Vice President of Phillips 66’s Emerging Energy group, which is focused on building lower-carbon business platforms. “Hydrogen is a key component of our diversified Emerging Energy portfolio strategy.”

About Phillips 66
Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company’s master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,000 employees committed to safety and operating excellence. Phillips 66 had $57 billion of assets as of June 30, 2021. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.

About Plug Power
Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions. The Company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while meeting sustainability goals. Plug Power created the first commercially viable market for hydrogen fuel cell technology. As a result, the Company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs. Plug Power’s vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, BMW, The Southern Company, Carrefour, and Walmart. The Company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics, and data centers. Learn more at www.plugpower.com.

CONTACTS
Phillips 66  Plug Power:
Jeff Dietert, 832-765-2297 (investors)
jeff.dietert@p66.com

Caitlin Coffee (media)
Allison + Partners
plugPR@allisonpr.com
Shannon Holy, 832-765-2297 (investors)
shannon.m.holy@p66.com

Bernardo Fallas, 855-841-2368 (media)
bernardo.e.fallas@p66.com

PLUG POWER SAFE HARBOR STATEMENT

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc.(“PLUG”), including but not limited to statements about PLUG’s expectations regarding its multi-year investment and growth, PLUG’s clean hydrogen technology and fuel cell solutions playing a critical role in achieving climate and decarbonization goals, deepening of relationships with key stakeholders, and acceleration of demand and adoption of hydrogen technology. You are cautioned that such statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times that, or by which, such performance or results will have been achieved. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of PLUG in general, see PLUG’s public filings with the Securities and Exchange Commission, including the “Risk Factors” section of PLUG’s Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and PLUG undertakes no obligation to update such statements as a result of new information.

PHILLIPS 66 CAUTIONARY STATEMENT FOR THE PURPOSES OF THE “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Forward-looking statements may be identified by the use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “targets,” “estimates” or other words of similar meaning. Forward-looking statements are based on certain assumptions and expectations of future events which may not be accurate or realized, and involve risks and uncertainties, many of which are beyond Phillips 66’s control, including but not limited to regulatory approvals and market conditions. A discussion of factors that may affect future results is included in Phillips 66’s filings with the Securities and Exchange Commission. Phillips 66 disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law.