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Web Summit Vancouver to Succeed Collision Conference in 2025

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VANCOUVER, BC, June 12, 2024 /CNW/ – Web Summit, the global technology events company, announced today that it is launching a new North American flagship event in Vancouver. The first Web Summit in North America, which will take place in Vancouver, Canada in May 2025 and bring together thousands of international entrepreneurs with the brightest minds in tech, unicorn founders, midas investors and global media.

Web Summit Vancouver succeeds Collision in Toronto and continues the company’s mission to support and connect the global technology ecosystem. Dubbed “the Olympics of Tech” by Politico, Web Summit runs the largest technology events across the globe, including Web Summit Lisbon, Web Summit Rio, Web Summit Qatar, RISE in Asia, and now Web Summit Vancouver.

“We can’t wait to gather the tech world in Vancouver and take over the city next year. Last month I flew to Vancouver to check out the city and meet Mayor Ken Sim and Destination Vancouver. I was so blown away by its beauty and tech scene. It’s the perfect place to bring the tech world,” said Paddy Cosgrave, CEO of Web Summit. “Similar to Lisbon, Vancouver and British Columbia might seem like the underdogs at first but the energy and drive to build on an already very fast-growing technology ecosystem blew me away.”

The importance of today’s announcement was echoed by a consortium of organizations, led by Destination Vancouver, and in partnership with Pacific Economic Development Canada (PacifiCan), B.C.’s Ministry of Jobs, Economic Development and Innovation (JEDI), the City of Vancouver, and tech industry leaders, who helped bring the event to Vancouver.

“PacifiCan is here to champion B.C. as a global hub for innovation and technology, with cutting-edge talent and companies that are poised for international growth,” said the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan). “Web Summit Vancouver is a transformative opportunity for the region that will create conditions for ongoing growth that will continue for years.”

With more than 11,000 tech companies employing more than 220,000 British Columbians, technology is the fastest growing sector in the province. The regional tech sector is growing at twice the rate of the overall economy and Vancouver ranks first in high tech job growth in North America.

British Columbia has a 30-year track record of creating and advancing world-class technologies and we want to scale up our ability to commercialize innovation and translate these successes into a sustainable competitive advantage for our provincial economy,” said the Honourable Brenda Bailey, B.C.’s Minister of Jobs, Economic Development and Innovation (JEDI).

The tech sector is a critical pillar of B.C.’s economy and has supported Vancouver’s maturation into a global hub for cleantech, life sciences and digital entertainment, including animation, visual effects, games development, and virtual, augmented and extended reality.

The province has the world’s largest cluster of computer vision companies and the second-largest concentration (after Silicon Valley) of VR, AR and MR startups. Vancouver has the largest cluster of the leading VFX and animation studios and one of the top video games clusters in the world.

“We knew Vancouver was the right place for Web Summit,” said Royce Chwin, President & CEO, Destination Vancouver. “A transformational event of this calibre will continue to build our reputation as an exceptional host city and sharpen Vancouver’s global destination competitiveness. And it will be an economic powerhouse – we anticipate that Web Summit Vancouver will generate close $57 million in direct spending and more than $93 million in overall economic impact for BC in its first year.”

Web Summit Vancouver is expected to attract a global audience of thousands of tech leaders, start-ups, investors, global partners, policy makers and media annually over the course of the four-day event.

Vancouver is ready to welcome the world,” said Mayor Ken Sim. “We’re a young, energetic city full of opportunity. Nowhere is that more obvious than in our thriving tech scene, where we’re advancing leading edge technology like virtual reality and augmented reality. Vancouver is attracting highly skilled people from around the world drawn here by our lifestyle, incredible natural surroundings, and the chance to be part of something exciting.”

Supporting Quotes

The Honourable Lana Popham
Minister of Tourism, Arts, Culture and Sport, Government of BC

“B.C. is home to one of the world’s largest animation and visual effects clusters, with the second-largest interactive gaming workforce in Canada and a world-leading augmented and virtual reality business community. Hosting Collision in Vancouver for the next three years will not only boost our tech industry and spotlight B.C.’s talent on the global stage, but it will also bring thousands of visitors, providing significant economic benefits for local businesses and supporting our reputation as a top tourist destination.”

Craig Lehto
General Manager, Vancouver Convention Centre

“Web Summit is a natural fit for Vancouver, which is why we are thrilled to have been chosen as the host venue. Anticipation for Web Summit Vancouver will only continue to grow from here, as we prepare to host international tech innovators and visionaries to collaborate, inspire, and connect at the Convention Centre.”

Peter Cowan
President + CEO, Innovate BC

British Columbia is one of North America’s most exciting and vibrant innovation hubs, and Web Summit Vancouver will be an unprecedented opportunity to highlight our region and impressive tech community on a global stage. Innovate BC looks forward to collaborating across our innovation ecosystem to leverage this platform to create avenues for B.C. companies to be equipped to seize on the global opportunities that come with this flagship tech conference.”

Linda Buchanan
Chair, Invest Vancouver Management Board, and Mayor, City of North Vancouver

“Industry leaders across the region have a role to play in amplifying economic opportunities for residents. When Web Summit comes to Metro Vancouver, we will have the opportunity to showcase the region and highlight the advantages we have to offer. This is our opportunity to come together and strengthen our competitive edge in economic development to a global market.” said Linda Buchanan, Chair of the Invest Vancouver Management Board.

About Destination Vancouver

Destination Vancouver is the non-profit, member-led destination marketing and management organization for the spectacular city of Vancouver, BC. Our purpose is to transform our communities and our visitors through the power of travel and to be thoughtful leaders, advocates and ambassadors for our city. We work with our partners in Vancouver’s visitor economy to develop compelling experiences and offerings for our visitors and to promote Vancouver in key Canadian, US, and international markets. The responsibility to build a sustainable and resilient visitor economy is the foundation of everything we do.
Visit www.destinationvancouver.com

About PacifiCan

PacifiCan is the dedicated federal economic development agency for British Columbians. PacifiCan’s programs and services help businesses, not-for-profits and communities grow stronger. Visit Pacific Economic development Canada – Canada.ca

About the Ministry of Jobs, Economic Development and Innovation (JEDI)

The Ministry of Jobs, Economic Development and Innovation manages government programs that help support and maintain the strong and diverse economy that British Columbians need for long-term prosperity. It supports the growth of B.C.’s tech sector, champions innovation across the economy, nurtures small businesses, supports economic development throughout the province, and promotes B.C. internationally as a preferred place to invest and do business. Visit the Ministry of Jobs, Economic Development and Innovation.

SOURCE Destination Vancouver

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Carrier Global Corporation Appoints Neil Barua to its Board of Directors

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PALM BEACH GARDENS, Fla., July 24, 2026 /PRNewswire/ — Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced the election of Neil Barua, President and Chief Executive Officer of PTC Inc., to its Board of Directors, effective immediately. He will serve on the Board’s Technology and Innovation and Compensation Committees.

“Neil brings to Carrier a track record of successfully leading scale enterprises while applying AI to drive digital transformations across industrial companies,” said David Gitlin, Chairman & CEO, Carrier. “His experience will strengthen our Board as we continue advancing intelligent climate and energy solutions and delivering greater value for our customers. We are excited to welcome Neil to our Board.”

Mr. Barua has been President and Chief Executive Officer of PTC Inc. since 2024. Previously, he led PTC’s Service Lifecycle Management business following the company’s acquisition of ServiceMax in 2023. Before joining PTC, he was Chief Executive Officer of ServiceMax from 2019 to 2023 and Chief Executive Officer of IPC Systems from 2014 to 2018. He also was an Operating Partner at Silver Lake from 2018 to 2019. Mr. Barua holds a B.S. in Finance & Economics from the NYU Stern School of Business.

About Carrier
Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of everything we do. For more information, visit carrier.com or follow Carrier on social media at @Carrier.


Carrier. For the World We Share.

CARR-IR

Contact:      

Media Inquiries 

Rob Six 

561-281-2362 

Robert.Six@Carrier.com 

Investor Relations 

Michael Rednor 

561-365-2020 

InvestorRelations@Carrier.com  

View original content to download multimedia:https://www.prnewswire.com/news-releases/carrier-global-corporation-appoints-neil-barua-to-its-board-of-directors-302834399.html

SOURCE Carrier Global Corporation

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ImageTrend CFO John Wolfenden Accepted Into Forbes Finance Council

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Invitation-only professional community selects finance leader based on the depth and diversity of his experience 

EAGAN, Minn., July 24, 2026 /PRNewswire/ — ImageTrend, the leading provider of software and AI intelligence for emergency response, healthcare and public safety organizations, today announced that Chief Financial Officer John Wolfenden has been accepted into the Forbes Finance Council.

The Forbes Finance Council brings together executives, investors, and market operators who help shape how capital is allocated, managed, and protected in increasingly complex environments. The invitation-only members are vetted by a selection process that evaluates professional experience, leadership, and industry expertise. 

Wolfenden was selected following a review of his experience as CFO of multiple software companies and his track record of strengthening financial operations, improving business processes and supporting growth. At ImageTrend, he leads the finance function and serves as a strategic partner across the business as the company advances its AI-powered platform and supports more than 11,000 agencies. 

Recognized Finance Leadership 

Across his CFO roles, Wolfenden has focused on operational improvement, business growth and building finance functions that serve as strategic partners across the organization. At ImageTrend, he plays a critical role in the executive leadership team, overseeing financial strategy and operations and helping the company build the scalable foundation required for long-term growth. 

“John’s impact at ImageTrend goes well beyond the finance function,” said Joe Graw, Interim Chief Executive Officer and Chief Growth Officer. “He brings financial discipline, commercial perspective and a roll-up-your-sleeves approach to the decisions that shape how we grow and serve our customers. His selection for Forbes Finance Council is well deserved and gives him a valuable platform to share that expertise with other finance leaders.” 

Contributing to a Selective Finance Community 

As a council member, Wolfenden will join a curated peer community and have opportunities to work with an editorial team to share expert insights in original articles and contribute to Expert Panels on Forbes.com. He plans to share lessons from scaling software organizations and strengthening finance operations. 

“I am honored to have been selected to join Forbes Finance Council,” said Wolfenden. “I look forward to exchanging ideas with other finance leaders and learning from their experiences. I have always believed that finance should work closely with every part of the business, helping teams solve problems and make sound decisions. I am excited to bring what I learn back to ImageTrend as we continue improving how we operate and supporting the company’s growth.” 

For more information about ImageTrend, visit www.imagetrend.com.

About ImageTrend 

ImageTrend helps emergency response teams who struggle with documentation overload by giving them one AI-powered operating system so they can command with confidence and protect more lives with better decisions. 

Founded in 1998, the company serves more than 11,000 agencies in the United States, Canada and United Arab Emirates across Fire, Emergency Medical Services, and Hospital segments. With its deep industry knowledge and advanced data analytics capabilities, the software provider helps its customers streamline operations, shape long-term strategies, and dramatically improve outcomes. Its AI-embedded product solutions and dedicated team provide the intelligence and confidence that first responders need to tackle today’s challenges and prepare for tomorrow’s uncertainties.

About Forbes Councils 

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

To learn more about Forbes Councils, visit https://councils.forbes.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/imagetrend-cfo-john-wolfenden-accepted-into-forbes-finance-council-302834360.html

SOURCE ImageTrend LLC

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Okuma America Corporation to Exhibit at IMTS 2026 with Comprehensive Lineup

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Newly Designed Machines, Open-architecture CNC Control, Multiple Automation Systems, Intelligent Technologies, World-Class Services, Sustainable Initiatives, & More to be Featured

CHARLOTTE, N.C., July 24, 2026 /PRNewswire/ — The leadership team at Okuma America Corporation, a global leader and single-source builder of computer numeric control (CNC) machine tools, controls, and automation systems, is excited to announce the company’s exhibition plans for the 2026 International Manufacturing Technology Show (IMTS) to be held in Chicago, Illinois, from September 14 to 19, 2026.

Within its 17,000 square-foot booth, the company plans to showcase a comprehensive offering for the metalworking industry featuring new CNC machine tools, an industry-leading CNC control, a robust line of automation systems, intelligent manufacturing technologies, new world-class services, and more. Okuma America Corporation will host a media event in the South Hall (Booth #338500) on Tuesday, September 15 at 2:00 pm to highlight the company’s IMTS offerings, share insights from the Okuma leadership team, and showcase latest technologies during booth tours.

New & Notable

Four CNC Machines to Make Americas Debut
Of the 11 CNC machine tools Okuma will exhibit at IMTS 2026, four will make their debut in the Americas:

NEW – Okuma MB-100V Vertical Machining CenterNEW – Okuma GENOS M4000H-e Horizontal Machining CenterNEW – Okuma MS-320H Horizontal Machining CenterNEW – Okuma MULTUS U1000 Multitasking Lathe

Okuma Factory Automation and Peripherals
Okuma will present a comprehensive lineup of automation systems developed by the Okuma Factory Automation (OFA) Group, along with best-in-class solutions from its industry partners, all of which seamlessly integrate with Okuma machines. Leading the charge on automation innovation, Okuma is partnering with Intrinsic AI to display an AI automation robot cell. The company is pleased to announce that 9 of its 11 IMTS 2026 CNC machine tools will be paired with automation systems, including three solutions making their debut in the Americas:

NEXT GENERATION – Okuma Robot Loader (ORL) Series Enhancements & Additions – easy-to-integrate robotic systems designed to load and unload workpieces from machinesOkuma Robot Loader Drawer II (ORL-D II)Okuma Robot Loader for Machining Centers (ORL-MC II) with palletOkuma Robot Loader Plus with Pallet (ORL+) – a system designed to perform multiple functionsNEW – Okuma Tower Pallet Changer – vertical, two-level pallet changer with 13-pallet capacityNEW – Modular Automatic Tool Changer

NEW Virtual Reality Experience
Okuma will provide IMTS 2026 attendees with the opportunity to explore various Okuma machine models in a virtual reality environment. A dedicated area within the Okuma booth (booth #338500) will be available for participants to wear a virtual reality headset to view, walk around, and interact with a virtual 3D model of various Okuma CNC machine tools. This includes models beyond what is physically being exhibited within the booth, such as the MCR-A5CII double column machining center.

NEW Explore the Okuma Global Repair Center
Okuma is thrilled to share details of its newly constructed Global Repair Center at its headquarters campus in Charlotte, NC. The 35,000 square-foot facility brings mechanical and electrical repair, component exchange, upgrades, and legacy part fabrication together in a new, state-of-the-art building that is four times larger than previous dedicated space. Backed by advanced inspection, testing, CNC simulation, and thousands of ready-to-ship parts, the facility maximizes uptime, safeguards Okuma users’ investment, and reinforces Okuma’s promise to Passionately Pursue a Customer for Life. Booth visitors may explore the new facility via a 3D-printed model and watch a video of the facility’s impressive operations.

NEW Tribute to America 250
Okuma is pleased to recognize and celebrate the 250th anniversary of the United States of America with several tributes within its booth experience. Booth visitors can see an intricately-crafted Bald Eagle which is being created on the Okuma MU-8000V vertical machining center. Additionally, the company will also reward attendees who complete an in-booth survey with an exclusive baseball hat that features an American flag design element. Also, the GENOS M4000H-e horizontal machining center, which will be making its Americas Debut, will feature a one-of-a-kind patriotic graphics theme, produced by the company’s NASCAR partner, Richard Childress Racing.

Okuma Machine Featured in Partner Booth
Okuma is proud to partner with 50+ companies in the manufacturing industry through our Partners in Technology program, many who will be featured in demonstrations throughout the Okuma booth. Several program members are also exhibiting at IMTS 2026, including Air Turbine Tool. They will feature an Okuma GENOS M560-V vertical machining center in working display at their booth (#431645).

Comprehensive Technology Lineup

Okuma will showcase 11 CNC machine tools at the show, representing a wide range of the company’s vast product lines. Among these are four new products making their Americas debut. Additionally, ten unique automation systems will be on display, including three proprietary innovations from Okuma Factory Automation. The distinctive OSP-P500 control system will be featured on 9 of the 11 CNC machines in the booth, as well as on free-standing interactive simulators. Okuma will also highlight key components of its world-class service and support program.

Okuma’s complete IMTS 2026 machine, control, and automation lineup includes:

Okuma Machining Centers

 Paired Automation System

GENOS M4000H-e – NEW

 Internal Two-Station Automatic Pallet Changer (APC)

MB-100V – NEW

MB-5000HII

 Okuma Tower Pallet Changer

MS-320H – NEW

 Okuma Robot Loader Drawer II (ORL-D II)

MU-8000V

 Modular Automation Cell

GENOS M460V-5AX (5-axis)

Okuma Robot Loader Machining Center II (ORL-MC II) & Modular Automatic Tool Changer (ATC)

Lathes

 Paired Automation System

LB2000 EX III MYW

 Okuma Robot Loader Plus with pallet (ORL+)

LT2000 EX 3T3MY

 Okuma NC Unloader and LNS Bar Feeder

LU3000 EX

 Okuma Gantry Loader (OGL)

Multitasking Lathes

 Paired Automation System

MULTUS U1000 – NEW

Grinder

Paired Automation System

GA26W

Okuma Robot Loader Plus with pallet (ORL+)

Other Highlights

Okuma Speaking & Media Engagements
There will be multiple opportunities for show visitors to attend speaking engagements led by Okuma executive leadership and experts, including:

Okuma Press Conference on Tuesday, 9/15 at 2 PM CST, located in the Virtual Reality section of Okuma Booth (booth #338500)Simon Schneider, Director of Okuma Factory Automation, to present “The Automation Impact: Short-Term Wins to Long-Term Transformations” at Room W192-C on Tuesday, 9/15 at 2:15 CSTWade Andersion, Vice President of Engineering and Okuma Factory Automation, to present at the Blaser Swisslube Booth (booth #431228) on Tuesday 9/15 at 3 PM CST

Okuma is pleased to partner with a variety of manufacturing trade publications for scheduled media engagement and filming sessions throughout IMTS 2026. This includes outlets such as Practical Machinist, MTD CNC, Modern Machine Shop, and more.

Sustainability Initiatives
At Okuma, we’re working together to build a better machine tool and a better future. Okuma CNC machines are equipped with Okuma’s “Green Smart Machine” technology, a series of combined technologies that harmonize high-performance machining with intelligent energy management controls. Specifically, these technologies include Okuma’s proprietary ECO suite plus and Thermo-Friendly Concept, both of which will be displayed at IMTS 2026.

Okuma Best-in-Class Distributor Network
In support of Okuma’s mission of ‘Passionately Pursuing a Customer for Life’, Okuma has created strategic relationships with best-in-class distributorships to support customer needs within their local regions of operation. Representatives from each of Okuma’s distributors will be onsite at IMTS 2026.

Okuma Partners in Technology
Okuma’s Partners in Technology network brings together 50+ companies that represent best-in-class manufacturing solutions and technologies that pair perfectly with Okuma CNC machine tools.

For more information on Okuma’s IMTS offering, visit www.okuma.com/imts.

About Okuma America Corporation
Okuma America Corporation is the U.S.-based sales, marketing, engineering, and service affiliate of Okuma Corporation, a world-leading builder of CNC (computer numeric control) machine tools, controls, and automation systems. The company was founded in 1898 in Nagoya, Japan, and is the industry’s only single-source provider of CNC machines, drives, motors, encoders, spindles, and automation systems, all manufactured by Okuma. The company designs its own CNC controls to integrate seamlessly with each machine tool’s functionality. In 2014 Okuma launched the Okuma App Store, the industry’s only centralized online marketplace for machine tool apps and related content at that time. Along with its extensive distribution network (largest in the Americas), and Partners in Technology network of enhanced manufacturing technologies, Okuma is committed to helping users gain competitive advantage through the open possibilities of machine tools today and into the future. For more information, visit Okuma.com or follow us on Facebook, Instagram, LinkedIn and X.

View original content to download multimedia:https://www.prnewswire.com/news-releases/okuma-america-corporation-to-exhibit-at-imts-2026-with-comprehensive-lineup-302834361.html

SOURCE Okuma America Corporation

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