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Sify Technologies Ltd. Rights Offering Over-Subscribed

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CHENNAI, India, June 28, 2024 /PRNewswire/ — Sify Technologies Ltd. (Nasdaq: Sify) (the “Company”), a leading integrated information communications technology (or ICT) Solutions and Services provider in India, today announced that its recent rights offering was over-subscribed.

The subscription period for the equity share rights expired at 6:00 p.m. (Chennai, India time) on June 21, 2024. The subscription period for the American Depositary Share (“ADS”) rights expired at 2:15 p.m. New York Time on June 21, 2024. Subscription rights that were not exercised prior to the end of the subscription period have expired. Any excess subscription payments received which remain with the Company or Citibank, N.A., acting as ADS Rights Agent, will be returned to the applicable holders.

The Company expects to issue an aggregate of 190,268,698 equity shares and 59,730,265 ADSs (each representing one equity share) pursuant to the exercise of subscription rights during the rights offering, raising gross proceeds of approximately $30 million before any expenses of the rights offering. Following the issuance of the new equity shares and ADSs, the Company will have 433,331,423 equity shares outstanding, including equity shares represented by ADSs (and which includes the 13,262,908 ADSs to be issued as part of the over-subscription right). The net proceeds of the rights offering are expected to be used for expansion of the business for developing Network Centric Services, Data Center services, Digital Services and for general corporate purposes.

The 13,262,908 ADSs to be issued as part of the over-subscription right were allocated on a pro-rata basis among rights holders who exercised their over-subscription rights based on the number of additional equity shares or ADSs each rights holder subscribed for pursuant to its over-subscription right.

Delivery of the new equity shares subscribed for in the rights offering is expected to be made on or about July 5, 2024. Delivery of the new ADSs subscribed for in the rights offering is expected to be made on or about July 9, 2024.

Other Important Information

A prospectus relating to the rights offering was filed with the Securities and Exchange Commission on June 3, 2024 and is available on the website of the SEC at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the Company and its business. These forward-looking statements are often identified by the use of forward-looking terminology such as “expects”, “intends”, “will”, or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as expected, intended or planned. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

View original content:https://www.prnewswire.com/news-releases/sify-technologies-ltd-rights-offering-over-subscribed-302185995.html

SOURCE Sify Technologies Ltd.

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LCN Senior Swing first to utilize newly released Allegion Optimize mobile application

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Optimize unifies connected solutions, enabling better efficiency while managing, calibrating and troubleshooting devices throughout their life cycle.

CARMEL, Ind., Sept. 1, 2026 /PRNewswire/ — Allegion US, a leading provider of security solutions, technology and services, launched Allegion Optimize™, a mobile application created to unify and streamline management of select Allegion products within one easy-to-use tool built with customers’ needs in mind. The release coincides with the latest firmware update for the award-winning LCN Senior Swing Series Auto Operator, making it the first device to utilize Optimize. Key features allow installers and facility teams to calibrate, adjust, maintain and troubleshoot the LCN Senior Swing with just the app, resulting in greater efficiency, precision and safety.

Not your typical commissioning app

Optimize creates a single, unified experience that reduces time and friction in device commissioning, diagnostics and firmware updates across connected Allegion solutions via Bluetooth® connection. By providing support throughout the device’s life cycle, facility teams not only gain improved efficiency but better insight into the data and controls that help keep their openings running smoothly.

“Between 2018 and 2033, it’s predicted that up to 50 percent of the facility management workforce will retire,” said Emily Zentz, Allegion product manager, automatic operators. “As new facilities professionals step into the industry, it’s imperative that technology advances in line with their growing expectations. The Optimize app answers that call, positioning Allegion’s line of auto operators with a modern experience.”

LCN Senior Swing first to utilize Allegion Optimize

Setting adjustments, troubleshooting and calibration on the LCN Senior Swing is now even easier. In-app calibration, diagnostic tools, firmware updates and data management enable installers and facility teams to have a greater level of control over their buildings.

Once the LCN Senior Swing is installed, the installer can run the calibration cycle from the app. This allows them to be safely on the ground and watch the door more closely to determine whether further adjustments are needed. Users can fine tune the settings on the Optimize app without removing the cover on the Senior Swing or climbing a ladder. When troubleshooting, Optimize provides details for any error codes or notifications, so the user can quickly review, digest and act upon that information before engaging with technical support.

Device management with one seamless solution from Allegion

Allegion Optimize won’t stop with the LCN Senior Swing. It is designed to be the new unified device management mobile application that will simplify the commissioning, configuration and ongoing maintenance of future Allegion connected devices across multiple product categories. Plans to support additional auto operators and electronic locks will be announced later this year.

Allegion Optimize is available now in the Apple App Store® and Google Play™ store for use with LCN auto operators. Learn more about Optimize and the LCN Senior Swing at AllegionOptimize.com.

About Allegion 

At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We’re pioneering safety with our strong legacy of brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss®, Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the world and spans residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. For more, visit www.allegion.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lcn-senior-swing-first-to-utilize-newly-released-allegion-optimize-mobile-application-302866691.html

SOURCE Allegion US

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In HelloNation, Breast Pump Expert Patty Gatter Explains Breast Pumps That Fit Busy and Unpredictable Schedules

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The article explains how flexible pumping solutions help parents balance breastfeeding with changing daily routines.

EMMAUS, Pa., Sept. 1, 2026 /PRNewswire/ — What is the best breast pump for a busy schedule? A HelloNation article features insights from Breast Pump Expert Patty Gatter of The Breastfeeding Shop in Emmaus, Pennsylvania, explaining how choosing a breast pump that fits changing routines can make breastfeeding easier to manage.

The article explains that becoming a parent often means adjusting to schedules that change from one day to the next. Meetings may run late, errands take longer than expected, and childcare responsibilities can interrupt carefully planned routines. Choosing a breast pump that supports flexibility instead of adding extra demands can help parents continue breastfeeding while balancing work, family responsibilities, and everyday life.

According to the article, a flexible breast pump is designed to fit into a variety of routines rather than requiring parents to stop everything for each pumping session. Whether pumping while working from home, during breaks at the office, or between appointments, equipment that adapts to changing schedules helps reduce stress and supports a more consistent breastfeeding routine.

The article also highlights the convenience of a wearable breast pump. Unlike traditional systems that often require parents to remain seated near an outlet, wearable options fit inside a nursing bra and provide greater freedom of movement. Parents may be able to answer emails, complete household tasks, prepare simple meals, or care for their baby while pumping, making it easier to use available time efficiently.

Portability is another important feature discussed in the article. A portable breast pump can be especially helpful for parents who commute, travel regularly, or spend much of the day away from home. Lightweight designs that fit easily into a diaper bag, work bag, or backpack make it easier to stay consistent with pumping regardless of where the day leads.

The article emphasizes that comfort should remain a priority when selecting a breast pump. Adjustable suction settings, proper flange sizing, and an easy-to-use design all contribute to a better pumping experience. Comfortable equipment often encourages more consistent pumping, which may better support ongoing breastfeeding goals.

Battery life and noise level are also important considerations covered in the article. Rechargeable batteries that last through multiple pumping sessions reduce the need for frequent charging, while quieter operation can provide additional privacy in workplaces and other shared environments. These practical features often become more valuable as parents settle into their daily routines.

Cleaning and maintenance are equally important. The article explains that wearable breast pumps and portable breast pumps with fewer individual parts may reduce the time spent washing and reassembling equipment after each use. Those small conveniences can make pumping feel more manageable for parents with demanding schedules.

The article also encourages parents to think about their long-term needs instead of focusing only on the first weeks after birth. Family routines often change as babies grow, work responsibilities evolve, and childcare arrangements develop. Choosing a breast pump that continues meeting those changing needs can provide lasting value throughout the breastfeeding journey.

The article concludes that there is no single breast pump that is right for every parent. Some families prioritize portability, while others place greater importance on comfort, quiet operation, or wearable convenience. Carefully considering personal routines, pumping frequency, and daily responsibilities helps narrow the available options and makes choosing a breast pump feel less overwhelming.

Breast Pumps That Fit Busy and Unpredictable Schedules features insights from Patty Gatter, Breast Pump Expert of Emmaus, Pennsylvania, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-breast-pump-expert-patty-gatter-explains-breast-pumps-that-fit-busy-and-unpredictable-schedules-302866696.html

SOURCE HelloNation

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Lucid Bots Launches Power Tether, the Cleaning Drone Industry’s First Ground-Powered Continuous Flight System

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The launch comes as Lucid Bots’ connected fleet surpasses 8,760 cumulative flight hours — the equivalent of a full year in the air

CHARLOTTE, N.C., Sept. 1, 2026 /PRNewswire/ — Lucid Bots has announced the Power Tether, making it the first company to bring a ground-powered continuous-power system to commercial cleaning and spraying drones. The system supplies continuous external power to the Sherpa drone, reducing planned battery-change interruptions during longer cleaning and spraying operations. The announcement comes as Lucid Bots operators have recently recorded more than 8,760 cumulative flight hours; the equivalent of more than one full calendar year in the air.

Measured through telemetry data as of August 17, the milestone aggregates airborne time across 600+ Sherpa drones. It represents cumulative activity across the network, not a single continuous flight and not exclusively Power Tether-powered flight.

Conventional battery operations require the drone to land periodically so crews can swap packs, relaunch and reacquire position. The Power Tether shifts the primary power source to the ground: its air module mounts in the Sherpa drone’s battery bay, while a ground station connects to a compatible generator. The result is a longer, steadier work session with fewer planned interruptions and less need to schedule the job around battery cycles.

Adoption data reflects the shift. Among customers who have logged more than an hour on the Power Tether, more than 90% of their flight time now runs on tether power, with batteries used for the remaining 10%. That split is a signal that once crews have the system on hand, they default to it for the bulk of the job.

“Those hours belong to our customers. A year in the air is a year of everyday businesses generating revenue and doing dangerous work faster and more safely,” said Andrew Ashur, Founder and CEO of Lucid Bots. “Too much of robotics has lived in the promise of headlines. This is customers on job sites building real companies and creating real value. The Power Tether also ends the old battery debate that has dominated our industry. Once customers try it, the data shows they don’t go back to swapping packs. Crews stay focused on the building instead of the battery clock.”

— Andrew Ashur, Founder and CEO of Lucid Bots

The Power Tether installs in less than 15 minutes on compatible Sherpa drone systems. Firmware monitors power draw in real time and alerts operators as they approach operating limits. If generator power is lost, onboard battery backup supports the system’s automatic landing sequence.

In a continuous-flight test at Lucid Bots headquarters, a Power Tether-equipped Sherpa drone remained airborne for eight hours and 48 seconds on one generator connection with no battery swaps.

The Power Tether is designed for commercial building-maintenance work where longer flight sessions help crews maintain job momentum, including exterior facade, window, hotel, institutional and distribution-center applications.

Product specifications, operating requirements and purchasing information are available at lucidbots.com/products/power-tether.

About Lucid Bots

Lucid Bots is a Charlotte, NC-based drone hardware company and the manufacturer of the Sherpa Drone, a purpose-built platform for exterior cleaning and protection applications. Backed by Y Combinator and $34 million in funding, Lucid Bots serves a network of 400+ operators across more than 40 states and three continents. The Sherpa Drone is designed and built in the USA and a distinct NDAA-compliant configuration is available. Learn more at lucidbots.com.

Contact: Abigail Steinberg | asteinberg@lucidbots.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-bots-launches-power-tether-the-cleaning-drone-industrys-first-ground-powered-continuous-flight-system-302866698.html

SOURCE Lucid Bots

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