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IDEXX Expands Test Menu for the Catalyst Platform to Support Veterinarians Globally in Diagnosing Pancreatitis

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The launch of the Catalyst® Pancreatic Lipase Test demonstrates IDEXX’s Technology for Life strategy and will provide veterinarians with quantitative results at the point-of-care in less than 10 minutes 

WESTBROOK, Maine, June 4, 2024 /CNW/ — IDEXX Laboratories, Inc. (NASDAQ: IDXX), a global leader in pet healthcare innovation, announces the launch of the Catalyst® Pancreatic Lipase Test, a single-slide solution for canine and feline patients suspected of pancreatitis. With the innovative load-and-go workflow of the Catalyst analyzers, the test can run effortlessly alongside chemistry profiles, leading to a faster path to diagnosis and enhanced patient outcomes. The Catalyst Pancreatic Lipase Test will be available in the U.S. and Canada this September, with a global rollout to the over 70,000 Catalyst installed base planned to begin in the fourth quarter of 2024.

Pancreatitis is a common disease among cats and dogs, and while treatable, it can prove fatal if not caught early. Diagnosing pancreatitis can be difficult due to its nonspecific symptoms and subtle clinical signs, including vomiting and weight loss, which are among the 10 most frequently recorded clinical signs in primary care clinics.1 Now, with the Catalyst Pancreatic Lipase Test, veterinarians can receive quantitative results in under 10 minutes. By delivering quantitative diagnostic insights during the patient visit, the new test empowers veterinarians to confidently confirm or rule out pancreatitis and immediately begin treatment, saving crucial time and improving patient outcomes.

“The Catalyst Pancreatic Lipase Test marks the tenth menu addition launched for the Catalyst platform since 2012, reinforcing our commitment to extend the clinical value and diagnostic capabilities of our technologies,” said Jay Mazelsky, President and Chief Executive Officer of IDEXX. “We are pleased to deliver a highly requested test, which will streamline the diagnostic workflow and equip veterinarians with the necessary clinical insights for prompt action.”

The Catalyst Pancreatic Lipase Test, coupled with VetConnect® PLUS software, provides a critical solution for the long-term management of pancreatitis patients due to the chronic nature of the disease. VetConnect PLUS allows for seamless integration of historical data and test results, enabling efficient patient progress evaluation and treatment response.

“The Catalyst Pancreatic Lipase Test is the first test to use dry chemistry slide technology that specifically measures pancreatic lipase and correlates with the IDEXX Reference Laboratories Spec cPL® and Spec fPL® tests* to provide the most accurate, quantitative results patient-side for dogs and cats,” said Jörg M. Steiner, Dr.med.vet., PhD, DACVIM-SA, DECVIM-CA, AGAF, Texas A&M University.†

New Catalyst SmartQC Control
In the fourth quarter of 2024, the Catalyst platform will be further enhanced with the launch of the Catalyst® SmartQC® Control, a load-and-go quality control testing system that is 90% faster than current methods.2 The Catalyst SmartQC Control offers an intuitive workflow that takes less than 15 minutes, ensuring quality control is run consistently without compromising staff productivity. These enhancements will be delivered through IDEXX SmartService™ Solutions, a cloud-based software that supports in-house instruments and powers seamless upgrades for new tests and features.

Please visit idexx.com for more information on the Catalyst Pancreatic Lipase Test and Catalyst SmartQC Control.

About IDEXX
IDEXX is a global leader in pet healthcare innovation. Our diagnostic and software products and services create clarity in the complex, constantly evolving world of veterinary medicine. We support longer, fuller lives for pets by delivering insights and solutions that help the veterinary community around the world make confident decisions—to advance medical care, improve efficiency, and build thriving practices. Our innovations also help ensure the safety of milk and water across the world and maintain the health and well-being of people and livestock. IDEXX Laboratories, Inc. is a member of the S&P 500® Index. Headquartered in Maine, IDEXX employs approximately 11,000 people and offers solutions and products to customers in more than 175 countries and territories. For more information about IDEXX, visit: www.idexx.com.

Note Regarding Forward-Looking Statements
This news release contains or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as “expects,” “may,” “anticipates,” “intends,” “would,” “will,” “plans,” “believes,” “estimates,” “should,” “project,” and similar words and expressions. These forward-looking statements are intended to provide our current expectations or forecasts of future events; are based on current estimates, projections, beliefs, and assumptions; and are not guarantees of future performance. Actual events or results may differ materially from those described in the forward-looking statements. These statements are subject to risks, uncertainties, assumptions, and other important factors. Readers are cautioned not to put undue reliance on such forward-looking statements because actual results may vary materially from those expressed or implied. The reports filed by IDEXX pursuant to United States securities laws contain discussions of some of these risks and uncertainties. IDEXX assumes no obligation to, and expressly disclaims any obligation to, update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are advised to review IDEXX’s filings with the United States Securities and Exchange Commission (which are available from the SEC’s EDGAR database at sec.gov and via IDEXX’s website at idexx.com).

1Robinson NJ, Dean RS, Cobb M, Brennan ML. Investigating common clinical presentations in first opinion small animal consultations using direct observation. Vet Rec. 2015;176(18):463. doi:10.1136/vr.102751
*The Spec cPL Test for dogs and the Spec fPL Test for cats measure the level of pancreas-specific lipase in the blood: www.idexx.com/en/veterinary/reference-laboratories/pancreatic-health.
†Dr. Steiner has received compensation from time to time for consulting services he has provided to IDEXX.
2Data on file at IDEXX Laboratories, Inc. Westbrook, Maine USA.

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SOURCE IDEXX Laboratories, Inc.

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Trex Energy Hyderabad secures 3 awards for energy storage excellence in India

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HYDERABAD, India, Aug. 6, 2026 /PRNewswire/ — Trex Energy Pvt. Ltd. has reached a significant milestone in India’s clean energy sector by securing three honors from the India Energy Storage Alliance (IESA). The organization named Trex Energy the Commercial & Industrial (C&I) Company of the Year, recognizing the firm’s role in advancing battery energy storage systems (BESS) for industrial applications. This recognition highlights the company’s impact on the regional clean energy ecosystem and its focus on manufacturing excellence.

Director Seema Goyal received the Women in Energy award and was named to the industry’s 40 Under 40 leadership list. These accolades highlight her influence in shaping the transition toward renewable power and sustainable infrastructure. The awards were presented at leading industry platforms, reinforcing Trex Energy’s position as an emerging force in energy storage.

Complete details on the company’s energy storage portfolio are available at www.trexenergy.in

Advancing energy storage technology

The company has developed a technology-driven portfolio that addresses grid stability and demand management across multiple sectors, including telecom infrastructure and smart energy management. Key focus areas include:

C&I Battery Storage: Specialized solutions designed for large-scale industrial energy reliability and efficiency.Renewable Integration: Technologies that pair solar and wind power with storage to ensure consistent energy supply.Utility-Scale Systems: High-capacity storage units designed for grid-level management and stability.Peak Shaving and Demand Management: Systems that allow industries to optimize power consumption during high-cost periods.

The IESA awards recognize organizations demonstrating excellence in innovation, execution, and customer impact within the energy storage industry. By securing the C&I Company of the Year title, Trex Energy has demonstrated its ability to deliver high-impact storage solutions in a competitive market. The company’s work in advanced lithium battery technologies and smart Energy Management Systems (EMS) provides a foundation for more resilient power grids and optimized industrial consumption.

“This recognition from the India Energy Storage Alliance is a milestone for the entire Trex Energy team,” said Mr. Bharat Chhittarka, Director at Trex Energy. “It reflects our commitment to engineering Battery Energy Storage Systems that empower industries to embrace reliable and efficient energy. As demand for storage continues to accelerate, we remain focused on innovation and delivering solutions that create long-term value for our customers.”

In addition to the organizational award, the individual recognition for Seema Goyal underscores the importance of inclusive leadership in the renewable sector. The company remains committed to building technologies that accelerate the national energy transition while fostering innovation within its technical teams.

About Trex Energy

Trex Energy Pvt. Ltd. is an Indian clean energy company specializing in Battery Energy Storage Systems (BESS), Commercial & Industrial energy storage, utility-scale storage solutions, telecom energy infrastructure, lithium battery technologies, and renewable energy integration. Driven by innovation, engineering excellence, and customer-centric solutions, Trex Energy is committed to advancing India’s clean energy transition through intelligent and scalable energy storage technologies.

Discover the latest innovations in Battery Energy Storage, Clean Energy, and Lithium Battery Solutions by following Trex Energy on their official social media channels.
LinkedIn: https://www.linkedin.com/company/101364690/
Instagram: https://www.instagram.com/trex.energy?igsh=MWs2NXZzYWp2bHBn&utm_source=qr

Website: www.trexenergy.in

 

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Acrab Raises US$130 Million Series B, Advancing Agentic AI Compute Platform Commercialization

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SINGAPORE, Aug. 6, 2026 /PRNewswire/ — Acrab today announced a US$130 million Series B financing round, with continued support from existing leading investors Vertex Ventures SEA & India and Vertex Growth, as well as participation from renowned institutional investors across Europe and Southeast Asia.

Following its emergence from stealth with more than US$350 million in cumulative funding and the launch of its GΞLIX 1-powered Agent Box platform, Acrab is entering its next phase of commercialization, with visible paths to industrial deployments across domains and expected revenue within this year.

Acrab is building a full-stack AI computing platform combining purpose-built silicon, edge AI, and intelligent software orchestration.

The new funding will support product scaling, ecosystem expansion, and the development of Acrab’s next-generation computing platform.

About Acrab

Acrab is a technology company building agentic AI compute infrastructure for the next generation of intelligent systems. Founded in 2024, the company develops high-performance AI compute architecture and integrated software platforms designed to bring AI agents into action, providing personalized assistance and real-time execution across a range of edge environments.

By combining purpose-designed silicon, advanced edge AI models, full-stack software and system orchestration, Acrab provides the computing foundation for AI agent systems across everyday life, bringing assistance, creativity, utility and value.

For more information about Acrab, please visit https://www.acrab.ai/.

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Taboola Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into Taboola (TBLA)

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Taboola told investors its quarter was strong and raised its full-year ex-TAC gross profit outlook. The same release cut 2026 revenue and non-GAAP net income guidance — and the stock fell.

NEW YORK, Aug. 5, 2026 /PRNewswire/ — Taboola.com Ltd. (NASDAQ: TBLA) shares declined on August 5, 2026, after the Company guided full-year 2026 revenue to $1.930-$1.956 billion — as much as $110 million, or 5.4%, below the $2.04 billion FactSet consensus. If you lost money holding TBLA, you are encouraged to submit your TBLA loss information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@SueWallSt.com or by telephone at (888) SueWallSt.

The August 5 announcement was headlined “Taboola Reports Strong Q2 2026 Financial Results, & Raises Full-Year ex-TAC Gross Profit and Adjusted EBITDA guidance.” Inside the same release, the company’s updated guidance revealed it had negatively revised revenue and non-GAAP net income projections for fiscal year 2026. This followed a raise in revenue guidance following Taboola’s Q1 results. Revenue guidance for fiscal year 2026 has shifted from $1.993-$2.054 billion on February 25, 2026, up to $2.006-$2.062 billion on May 6, 2026, and now down to $1.930-$1.956 billion on August 5, 2026.

SueWallSt notifies investors of a pending investigation into potential securities law violations at Taboola on behalf of investors who suffered losses. The investigation concerns whether the Company’s public statements were consistent with the revenue trajectory reflected in its August 5, 2026 outlook.

Shareholders who lost money on Taboola are encouraged to click here to learn more about the investigation or call (888) SueWallSt.

WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Frequently Asked Questions About the TBLA Investigation

Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Taboola.com Ltd. made materially false or misleading statements regarding its revenue outlook and growth trajectory. When the Company revised its fiscal 2026 revenue guidance downward, the stock price declined.

Q: Who is eligible to participate in the TBLA investigation?A: Investors who purchased TBLA stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses — not on whether you still hold the shares.

Q: Who is conducting the TBLA investigation?A: Levi & Korsinsky, LLP is investigating potential securities fraud claims on behalf of investors who purchased TBLA securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.

Q: What do TBLA investors need to do right now?A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost, no-obligation evaluation at jlevi@levikorsinsky.com or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my TBLA shares — can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought TBLA and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate?A: There is no upfront cost to participate. Securities investigations and any resulting actions are generally handled on a contingency basis — no retainer and no out-of-pocket costs.

Q: Do I need to go to court or give testimony?A: No. Participating in the investigation does not require court appearances or depositions.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@SueWallSt.com
Tel: (888) SueWallSt
Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

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SOURCE SueWallSt.com

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