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Zum Recognized by White House for Student Transportation Modernization and Sustainability Efforts

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Heather Boushey, Chief Economist for the Invest in America Cabinet, Discusses Announcement of $90M for Clean School Buses in California

SAN FRANCISCO, March 4, 2024 /PRNewswire/ — Today, Heather Boushey, the Chief Economist for the Invest in America Cabinet at the White House, met with executives and staff at Zūm, the leader in modern student transportation.

The visit, which took place at Zum’s San Francisco bus yard, included a tour of Zum’s state-of-the-art facilities, a ride on one of Zum’s electric buses, a meeting with leadership, including Zum Founder and CEO Ritu Narayan as well as a robust roundtable discussion on the importance of the acceleration of the transition to electric school buses with Kevin Gong, EPA Pacific Southwest Region; Lisa Grant Dawson, Oakland Unified School District; Kim Raney, Oakland Unified School District; Arcadio Fokin, San Francisco Unified School District; Garth Saloner, Stanford Graduate School of Business; Dan Lashof, World Resource Institute; Sharon Lai, World Economic Forum; Ram Rajagopal, Stanford Sustainable Systems Lab; Tor Larson, Calstart; and Darlene Chiu Bryant, Global SF.

Boushey highlighted the Biden-Harris Administration’s recent announcement of nearly $90 million across California for clean school buses as part of the Investing in America Agenda.

“We were honored to host Heather Boushey to demonstrate how Zum’s proprietary technology is transforming the $50 billion student transportation industry, providing a revolutionary connected platform, increased safety, and a commitment to equity and sustainability,” Narayan said. “We commend the Administration for its historic investments in the electrification of transportation and supporting our vision of a better, healthier future for our children.”

“Since day one of this Administration, President Biden has committed to growing the economy from the middle-out and bottom-up. He passed historic legislation – the American Rescue Plan, the Bipartisan Infrastructure Law, the Inflation Reduction Act, and the CHIPS and Science Act – all of which make up his Investing in America agenda,” Boushey said. “And it is rebuilding our infrastructure, lowering costs, and creating opportunities for families, workers, and small businesses. The EPA’s Clean School Bus Program Grants Competition will boost our economy, create good-paying jobs, and improve air quality for children and their families.” 

In January, the EPA announced that Zum would receive over $26.5 million through the EPA’s first Clean School Bus Program Grants Competition. The grant will help Zum’s school district partners electrify their school bus fleets. Additionally, Zum recently announced a $140 million funding round that will be used to accelerate the expansion of Zum’s AI-driven technology platform, a key tool in the company’s effort to fully decarbonize the school bus industry and provide schools with advanced technology to deploy more sustainable mobility options.

Thousands of schools across the country have partnered with Zum for school transportation, including Los Angeles Unified School District, the second-largest district in the country; San Francisco Unified School District; Seattle Public Schools; Howard County Public Schools; Oakland Unified School District; and Metro Nashville Public Schools.

In San Francisco, students, schools and families are experiencing the benefits of Zum:

98% of Zum’s buses arrive on time.Bus occupancy and ridership is at an all time high, an average 80%.The amount of time students spend on the bus has been reduced by 25%. This ensures students get more rest in the morning and participate in important after school activities.The school district has saved $3 million per school year – $15 million over the course of a five-year contract. These are resources that can go back into the classroom and after school activities and academic programs.The bus fleet size has been reduced by 20%. This drives down the environmental impact by having fewer diesel buses on the road.Above all, with the recent EPA Clean School Bus Program and State of California grants, Zum is able to expand its electric fleet and infrastructure in San Francisco and Oakland Unified. With over 280 electric chargers installed, and up to 120 electric school buses arriving in the coming school year, Zum is pacing towards its goal of transitioning San Francisco Unified School District and Oakland Unified School Districts to fully electric fleets by the end of the 2026-2027 school year.

“Clean school buses are a win for our students, our community health, and for our planet. In Oakland, we are all in for the green economy, with equity leading the way to better jobs, cleaner air, and climate progress,” Oakland Mayor Sheng Thao, “Federal bipartisan infrastructure funding has helped us leverage State and regional funding to build green energy, improve public transportation and maritime and shipping operations, and add jobs. Oakland values its partnership with the Biden Harris administration to keep enhancing our clean and green community.”

“The work Zum has been doing in our community has been invaluable to the health and well-being of Oakland,” said Superintendent Dr. Kyla Johnson-Trammell. “We have partnered with Zum since the beginning because we saw the potential. The quiet, green buses get our students to school ready to learn, and they are improving the air quality of our city dramatically. That is good news for our students, families, staff, and all city residents. Oakland has long dealt with poor air quality because of the proximity to freeways and other sources of pollution. OUSD is thrilled that we can do our part to cut down on dirty air by using Zum buses to transport our students. We look forward to working with state and federal leaders to increase the use of this kind of transportation here and across the country.”

Founded and led by a first-generation immigrant and mother, Ritu Narayan, Zum is reimagining the yellow school bus system.

On top of transitioning to EV fleets, Zum has pioneered vehicle-to-grid (V2G) technology that will send stored energy from EV school buses back to the city’s electrical grid. V2G at scale will lower peak energy demands, eliminate the need for costly and pollutive peaker plants and reduce the health risks associated with diesel buses. 

To learn more about how Zum is working with thousands of schools across the nation to deliver safe, reliable, zero-emission, and modern student transportation, please visit Zum’s website.

About Zum:
Zum has reimagined student transportation, the nation’s largest mass transit system, and developed sustainable ways to charge the grid. Zum’s robust operations and integrated end-to-end cloud-based platform provides a modern student transportation service for school districts purpose-built around the needs of kids and the expectations of modern families. Zum provides one seamless, real-time interface for parents, drivers, schools, districts, administrators, and operators to transport children safely and with increased visibility and personalized care. Always investing in the wellbeing of communities, Zum is also the only carbon neutral student transportation provider in the nation with plans to go Net Zero with its transition to EV electric buses. Zum is available nationwide, serving more than 4,000 schools across the U.S. Learn more at www.ridezum.com.

CONTACT:
Jenny Mayfield, Vice President of Communications – press@ridezum.com

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SOURCE Zūm

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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