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With Oil and Gas Industry Safety Concerns at the Forefront, SynergyXR Delivers Scalable Immersive Safety Solutions

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Oil and gas industry safety concerns, risks, injuries, and fatalities are on the rise. SynergXR delivers scalable extended reality (XR), virtual reality (VR), augmented reality (AR), and spatial computing solutions to educate and train instructors, workers, and stakeholders while mitigating risks. Precision Drilling and Texas A&M offer insights on the efficacy of immersive technologies for safety in the oil and gas industry.

HOUSTON, June 26, 2024 /PRNewswire-PRWeb/ — In an industry where safety is paramount, SynergyXR is pioneering the use of extended reality (XR), virtual reality (VR), augmented reality (AR), and spatial computing technology to enhance safety protocols and training in the oil and gas industry. As recent statistics from the U.S. Chemical Safety Board and the Bureau of Safety and Environmental Enforcement highlight an alarming number of accidents and fatalities on oil and gas drilling rigs, SynergyXR is committed to providing value through scalable immersive solutions to help mitigate these risks.

Our industry-leading technology is a competitive advantage that we are proud to offer to our clients in a variety of industries, particularly oil and gas. — Mads Troelsgaard, CEO of SynergyXR

The oil and gas industry and sectors like energy, manufacturing, mining, and construction often face hazardous and potentially life-threatening situations. XR technologies combine the physical and digital worlds to create immersive and interactive experiences. These training systems offer a safe and risk-free environment for trainers and employees to practice their skills, allowing them to handle dangerous scenarios without the fear of personal harm or equipment damage. This immersive technology ensures that trainees are well-prepared to face real-world challenges, thus significantly reducing the risk of accidents while reducing costs and training time, and simultaneously increasing memory retention through experiential learning.

Enhancing Safety in Oil and Gas Through Immersive Technology

In oil and gas, XR technology enables workers to experience the complexities of offshore and onshore platforms, manage high-pressure situations, and respond effectively to potential accidents. Dr. Faisal Irshad Khan, a professor in the Artie McFerrin Department of Chemical Engineering and director of the Mary Kay O’Connor Process Safety Center (MKOPSC) at Texas A&M, states, “The integration of XR, VR, AR, and spatial computing technologies in training programs has the potential to revolutionize the oil and gas industry. By immersing personnel in realistic environments, these technologies build familiarity and reduce accidents. Moreover, the use of these technologies helps in analyzing the range of high-risk scenarios and to train personnel on these scenarios safely.”

Working and living safely with chemicals is the ultimate focus of the Mary Kay O’Connor Process Safety Center under Dr. Khan. The MKOPSC was established in memory of Mary Kay O’Connor in 1995. Ms. O’Connor was an operations superintendent who was killed in an explosion in 1989. The MKOPSC is dedicated to saving lives in the oil and gas industry through professional training, upskilling, and competency-building programs. These initiatives also help organizations comply with safety regulations and adopt preventative measures.

According to the Bureau of Safety and Environmental Enforcement, in 2019 there were 6 deaths and 222 injuries on offshore oil rigs, the highest number since 2010. From 2015 to 2020, there were 19 fatalities and 106 injuries in the US offshore oil and gas industry, with injuries in the mining, quarrying, and oil and gas extraction industries among the highest in the US (16.6 per 100,000 workers).

Innovative Solutions Drive Adoption

Precision Drilling, a leading provider of safe and environmentally responsible services to the energy industry, has integrated immersive training from SynergyXR into their EverGreen™ suite of environmental solutions. This move complements their industry-leading digital technology portfolio. Precision Drilling’s EverGreen™ solutions are comprised of economically viable emissions reduction technologies, with the goal of displacing diesel fuel as the primary energy source in drilling operations.

Rob Houston, VP of Drilling Technology at Precision Drilling, highlighted the challenges in adapting to evolving industry expectations: “As technology evolves, so do the workflows on our drilling rigs. While traditional training methods can be inefficient and impractical, staged training that begins before deployment and continues afterward has proven effective. Our vision is to seamlessly integrate live competency assessments that enhance user proficiency.”

He expressed enthusiasm about the collaboration: “Our experience with SynergyXR has been transformative. Their expertise in oil and gas, combined with scalable immersive training solutions, perfectly aligns with Precision Drilling’s approach to technical innovation.” This partnership represents the initial phase of a broader initiative within Precision Drilling, targeting broad-based recruitment strategies and investor relations alike. By leveraging SynergyXR’s immersive training solutions, Precision Drilling aims to optimize operational efficiency and safety across its entire business ecosystem.

“Through our collaboration with SynergyXR and combined expertise, we have successfully bridged communication gaps and elevated our safety protocols,” Mr. Houston continues. “With fully equipped training centers in both the US and Canada, we can rapidly deploy training across our extensive fleet of drilling rigs. This streamlined approach not only reduces travel and training time but also enhances our team’s capacity to retain critical information acquired during immersive training.”

Dr. Khan adds, “Partnerships between technology leaders like SynergyXR and Precision Drilling are crucial in demystifying and mainstreaming these immersive innovations. These partnerships are important in terms of exploring the current and future use of these technologies, but also in being able to identify the areas where improvements are needed.”

According to SynergyXR’s CEO Mads Troelsgaard, “In today’s dynamic digital landscape, transformation is not just about staying relevant; it is about seizing the lead with technology that’s already proven its worth. Our industry-leading technology is a competitive advantage that we are proud to offer to our clients in a variety of industries, particularly oil and gas.” This commitment to innovation and safety is paving the way for a safer, more efficient oil and gas industry.

About the Mary Kay O’Connor Process Safety Center (MKOPSC) at Texas A&M

The Mary Kay O’Connor Process Safety Center (MKOPSC) is the world’s foremost university-based Process Safety Center. The Center serves industry, government, academia, and the public. It is a resource in education and research and provides service to all stakeholders. MKOPSC is guided by a Steering Committee of consortium member companies and a Technical Advisory Committee of industry experts. Industry guidance ensures that Center activities are relevant to the actual practice of process safety. Over the past 20 years, the body of work created by the Center has led to the inarguable recognition as an unbiased science-based organization focused on creating dialogue and consensus on difficult scientific topics, amongst all stakeholders. Learn more at https://psc.tamu.edu/

About Precision Drilling

Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha™ that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers. Drilling services are enhanced by their EverGreen™ suite of environmental solutions, which bolsters Precision’s commitment to reducing the environmental impact of their operations. Additionally, Precision offers well service rigs, camps, and rental equipment all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

Precision is headquartered in Calgary, Alberta, Canada, and is listed on the Toronto Stock Exchange under the trading symbol “PD” and on the New York Stock Exchange under the trading symbol “PDS”. For further information about Precision, please visit precisiondrilling.com.

Media:

Link to Video https://vimeo.com/957711435/00d707cc9f?share=copy

Link to SynergyXR Oil and Gas information page with case studies, video, and images https://synergyxr.com/news-and-updates/oil-gas-safety-xr-vr-ar/

About SynergyXR

SynergyXR is the leading no-code XR and Spatial Computing SaaS platform for the manufacturing and energy sectors, enabling companies to build, operate, and optimize safe immersive virtual learning and training programs at a scale, speed, and cost not previously possible. For more information, please visit synergyxr.com.

Oil and Gas Industry Stats

Chemical Safety Board Statistics:

The Chemical Safety Board (CSB) reported that in the past year alone, there have been over 200 incidents resulting in 30 fatalities and numerous injuries on oil and gas drilling rigs. This information is corroborated by recent reports on the CSB’s website, emphasizing the ongoing safety challenges in the industry (Prevent Chemical Disasters) (UPI).

Bureau of Safety and Environmental Enforcement (BSEE) 2019 Statistics:

In 2019, the Bureau of Safety and Environmental Enforcement (BSEE) recorded 6 deaths and 222 injuries on offshore oil rigs, marking the highest number since 2010. This data is available through BSEE’s annual safety performance reviews, highlighting a notable increase in incidents that year (UPI).

Media Contact

Taylor L. Cole, APR, TV with TLC, 1 9723334343, TaylorLCole@gmail.com

Andy Grantham, SynergyXR, 45 5195 0172, Ag@synergyxr.com, SynergyXR.com

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SOURCE SynergyXR

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MATSON ANNOUNCES ADDITION OF 3 MILLION SHARES TO EXISTING SHARE REPURCHASE PROGRAM AND QUARTERLY DIVIDEND OF $0.36 PER SHARE

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HONOLULU, April 23, 2026 /PRNewswire/ — The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, approved adding three million shares to its existing share repurchase program and extending the program to December 31, 2029.  As of April 23, 2026, the existing share repurchase program had approximately 0.7 million shares remaining.  The Board also declared a second quarter dividend of $0.36 per common share.  The dividend will be paid on June 4, 2026 to all shareholders of record as of the close of business on May 7, 2026.

“We are pleased to announce an additional three million shares to our existing share repurchase program,” said Matt Cox, Matson’s Chairman and Chief Executive Officer.  “Since we commenced our share repurchase program in August 2021, we have repurchased approximately 14.3 million shares, or approximately 33% of the then outstanding shares, for a total cost of $1.3 billion.  Going forward, we will continue to be both disciplined and opportunistic in our capital allocation, and we remain committed to returning excess cash to shareholders to create additional shareholder value over the long-term.” 

Shares will be repurchased in the open market from time to time at the Company’s discretion, based on ongoing assessments of the capital needs of the business, the market price of its common shares and general market conditions.  The Company may enter into Rule 10b5-1 plans to facilitate purchases under the program.  The repurchase program may be suspended or discontinued at any time.

About the Company

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.  Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia.  Matson also operates premium, expedited services from China to Long Beach, California, which includes cargo from other Asia origins, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Alaska to Asia.  The Company’s fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and barges.  Matson Logistics, established in 1987, extends the geographic reach of Matson’s transportation network throughout North America and Asia.  Its integrated logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, supply chain management, and freight forwarding to Alaska.  Additional information about the Company is available at www.matson.com.

Forward Looking Statements

Statements in this news release that are not historical facts are “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement, including but not limited to, statements about capital allocation plans, the timing, manner and volume of repurchases of common shares pursuant to the repurchase program, and use of excess cash.  These forward-looking statements are not guarantees of future performance.  This release should be read in conjunction with our Annual Report on Form 10-K and our other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release.  We do not undertake any obligation to update our forward-looking statements.

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SOURCE Matson, Inc.

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Accord Specialty Pharmacy Named Finalist in MMIT’s 11th Annual Retail Specialty Pharmacy Patient Choice Awards

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ORLANDO, Fla., April 23, 2026 /PRNewswire/ — Accord Specialty Pharmacy, an independent specialty pharmacy serving patients across multiple states, has been named a finalist in the MMIT Patient Choice Awards, a recognition based on patient-reported satisfaction and experience.

Accord was selected as the only independent pharmacy among finalists in its category, alongside national pharmacy organizations such as Walgreens Specialty Pharmacy and Walmart Specialty Pharmacy. This distinction highlights the company’s commitment to delivering personalized, high-touch care for patients managing complex and chronic conditions.

The MMIT Patient Choice Awards recognize specialty pharmacies that demonstrate excellence in patient satisfaction, service quality, and overall care experience. Finalists are determined based on direct patient feedback, making the recognition a meaningful reflection of the trust patients place in their pharmacy providers.

“Being recognized alongside national organizations and as the only independent finalist validates our belief that personalized, patient-centered care drives better outcomes. We are building a model that combines clinical depth, national reach, and operational flexibility to better serve patients, providers, and partners.” said AJ Patel, Founder and Pharmacy Manager of Accord Specialty Pharmacy.

Accord Specialty Pharmacy supports patients across complex specialty categories, including oncology, rare disease, and infusion, through a clinically driven, high-touch care model designed to improve access, adherence, and outcomes. The company’s approach emphasizes personalized support, responsive care coordination, and strong clinical engagement to help patients navigate complex therapies more effectively. With a growing national footprint and multi-state licensure, Accord is positioned to support patients, providers, and partners across diverse markets.

For more information, visit MMIT Announces Finalists of the 11th Specialty Pharmacy Patient Choice Awards – MMITNetwork.

About Accord Specialty Pharmacy:

Accord Specialty Pharmacy is an ACHC-accredited, multi-state licensed independent specialty pharmacy located in Central Florida, dedicated to delivering high-quality, patient-centered care for individuals managing complex and chronic conditions. Through personalized support, clinical expertise, and a high-touch approach, Accord helps patients navigate every step of their treatment journey. Learn more at www.accordspecialty.com.

CONTACT: contact@accordspecialty.com

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SOURCE Accord Specialty

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HAIVISION ANNOUNCES VOTING RESULTS FROM 2026 ANNUAL MEETING OF SHAREHOLDERS

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MONTRÉAL, April 23, 2026 /CNW/ – Haivision Systems Inc. (“Haivision” or the “Company”) (TSX: HAI) is pleased to announce the voting results from its annual meeting of shareholders held today in a virtual format.

A total of approximately 45.97 % of the issued and outstanding common shares of Haivision were represented at the meeting.

Election of Directors

Each of the six nominated directors of Haivision was elected as director of the Company with the following results:

Director

Votes
For

% Votes
For

Votes
Against

% Votes
Against

Miroslav Wicha

11,110,245

99.26 %

82,583

0.74 %

Harvey Bienenstock

11,155,137

99.66 %

37,691

0.34 %

Robin M. Rush

11,121,855

99.37 %

70,973

0.63 %

Neil Hindle

10,794,005

96.44 %

398,823

3.56 %

Julie Tremblay

10,941,969

97.76 %

250,859

2.24 %

Lee K. Levy II

9,084,418

81.16 %

2,108,410

18.84 %

2.   Appointment of Auditors

Deloitte LLP were reappointed auditors of the Company for the ensuing year with 12,492,582 (98.84%) votes cast in favour and 146,406 (1.16%) votes withheld.

3.   Approval of the Unallocated Awards under the Company’s Equity Incentive Plan

The Company’s unallocated awards were approved with 8,710,347 (77.82%) votes cast in favour and 2,482,481 (22.18%) votes cast against.

4.   Reapproval of Company’s Shareholder Rights Plan

The Company’s shareholder rights plan was approved with 10,572,490 (94.46%) votes cast in favour and 620,338 (5.54%) votes cast against.

Final voting results on all matters voted on at the meeting will be filed under Haivision’s profile on SEDAR+ at www.sedarplus.ca.

About Haivision

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. Learn more at haivision.com.

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SOURCE Haivision Systems Inc.

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