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Dr Andy Pearson to present new research on refrigeration technology innovations and energy efficiency at the Herrick Conferences 2024

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As part of Star Refrigeration’s commitment to advancing industry standards through innovation and collaboration, Group Managing Director Dr Andy Pearson will present two papers, chair a session, and participate in a plenary session discussion panel during the three-day event.

WEST LAFAYETTE, Ind., July 11, 2024 /PRNewswire-PRWeb/ — Dr Andy Pearson is set to play a significant role at the prestigious Herrick Conferences 2024, which will take place from 15th –18th July 2024 in West Lafayette, Indiana. The event encompasses the 27th International Compressor Engineering Conference, the 20th International Refrigeration and Air Conditioning Conference, and the 8th International High Performance Buildings Conference.

“Our focus will be on sharing technical research and presenting real-world examples of how our engineering work has significantly improved the efficiency and sustainability of cold stores and process refrigeration plants.”

Hosted by the Ray W. Herrick Laboratories at Purdue University and co-sponsored by The International Institute of Refrigeration, the conference promises to be a key event for industry professionals worldwide.

With over 800 industry experts from 30 countries meeting at Purdue University to present cutting-edge research, exchange ideas, and network, the conference offers an unparalleled opportunity for practitioners, government officials, educators, and industry researchers to find solutions to the global challenges facing society today.

Dr Andy Pearson, said, “I am delighted to be returning to Purdue to participate in this year’s Herrick Conference. By presenting our latest research and developments and collaborating with leading experts in the field, we hope to share valuable insights and contribute to the advancement of sustainable cooling and heat pump technologies.”

“Our focus will be on sharing technical research and presenting real-world examples of how our engineering work has significantly improved the efficiency and sustainability of cold stores and process refrigeration plants.”

Leveraging his extensive expertise and in-depth knowledge of the industrial refrigeration and heat pump market, Dr Pearson will facilitate discussions and share research findings with the global community through multiple roles, including presenter, session chair, and panellist.

On the first day of the conference, Monday 15th July at 2:00 pm (EDT), Dr Pearson will present the paper entitled ‘Validation of Performance for a Novel Compressor-Expander Concept’ during the session on Novel Compressors (C-02). This groundbreaking research introduces a dual-function mechanism that can be adapted for use as a compressor or as an expander. The novel concept combines the benefits of both reciprocating and screw compressors and expanders and offers significant advancements over traditional models. The paper is co-authored with engineers from FeTu Ltd, the developers of the FeTu Turbine.

The results of detailed modelling of performance in both modes will be presented in the form of graphs of isentropic and volumetric efficiency plotted against pressure ratio and pressure difference. These will also be compared and contrasted with equivalent graphs for conventional types of compressor.

Additionally, the validation of the model results against performance data measured on a test cell designed to enable rapid testing across a range of operating conditions will be discussed. The presentation will also cover how the comparison has been used to fine-tune the model, enabling other configurations of compressor and expander to be simulated.

Finally, the presentation will include proposals for future development plans and possible new applications for this innovative technology.

On the following day, Tuesday 16th July from 4pm – 6pm (EDT), Dr Pearson will chair the High-Temperature Heat Pump session (R-16), which will cover a range of topics, including maximum achievable temperatures, their role in decarbonising buildings and industry and performance outcomes of water-ammonia, R-1336mzz(Z) and butane heat pump systems.

On Wednesday 17th July, starting at 8:30 am (EDT) in the Loeb Theatre, Dr Pearson will participate as a panellist alongside Dr Brian Fricke, Dr Min Soo Kim, and Dr Jason Woods in the Refrigeration Conferences Plenary Panel. The panel will focus on the ‘State of the Art and Global Outlook of Refrigeration, AC, and HP Compressors’ which is set to offer an overview of current trends and innovations in refrigeration technology as well as valuable insights into the future of the industry.

Later that day, at 1:20 pm (EDT), Dr Pearson will reveal his findings from his six years of research on ‘Refrigeration system performance assessment for food processing and storage’ during the session on Commercial & Industrial Refrigeration (R-22).

His paper focuses on work conducted since 2018 and investigates the measurement and presentation of cold store and process refrigeration plant efficiency. It highlights the massive variation in cold store performance across notionally similar facilities, the significant amount of energy wastage, and the opportunities for improvement. His presentation will reflect on the stark contrast between best in class and worst performing facilities in terms of energy use, with discrepancies as high as a factor of 10. Moreover, the discrepancies appear to be even greater in process freezing and chilling equipment.

The objective of this research work is to provide facility owners and operators with a mechanism for assessing plant performance and benchmarking it against past performance and other facilities. Dr Pearson will introduce a method for forecasting the annualised effect of performance improvement interventions and provide case study examples of successful improvements.

Additionally, he will outline a roadmap for adopting these techniques and a method of expressing the results in financial terms in order to aid capital investment planning. He will also introduce a new business model, designed to overcome the barriers to the adoption of this methodology.

Star Refrigeration’s participation at the Purdue Refrigeration Conference, led by Dr Andy Pearson, is part of the company’s wider commitment to disseminating knowledge, fostering innovation and collaborating on international events to contribute to the sector’s progress and sustainability.

The Herrick Conferences are a global gathering of the top minds in compressor engineering, refrigeration, air conditioning and high-performance buildings.

To find out more information about the Herrick Conferences 2024 and to register, visit 2024 Conferences – Ray W. Herrick Laboratories – Purdue University

To learn more about Star Refrigeration, visit http://www.star-ref.co.uk

About Star Refrigeration:
Star Refrigeration is an industry leader in sustainable refrigeration and heat pump engineering. Known for its pioneering approach to the development of efficient and low life cycle cost solutions, the company has a team of dedicated researchers and engineers who are committed to pushing the boundaries of innovation to meet the cooling and heating needs of its customers.

Media Contact

Astrid Prado, Star Refrigeration, 01416387916, aprado@star-ref.co.uk, www.star-ref.co.uk

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SOURCE Star Refrigeration

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Wise introduces first-of-its-kind multi-currency Interest feature in Canada

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Wise customers can now opt in to earn market-leading returns on CAD, USD, EUR and GBP from the convenience of one multi-currency accountCustomers opted in can continue to send, spend and convert funds while earning a return, with no penalties or minimum balance requirements

TORONTO, May 4, 2026 /CNW/ – Wise, the global technology company building the best way to move and manage the world’s money, today announced the launch of its new Interest feature for people and businesses in Canada. Wise is the first provider in Canada to enable customers to earn a return on balances held across multiple currencies within one consolidated account.

Millions of Canadians send international payments each year, with outbound remittances and cross-border commercial activity steadily increasing, according to public data from Payments Canada. However, options for holding and growing money across multiple currencies have historically required opening separate accounts with financial providers in each currency. These accounts often come with minimum balance thresholds and promotional rates that get more expensive over time. Wise Interest removes these barriers for Canadians.

Eligible customers can now opt into the new Interest feature to earn a market-leading return on balances held in CAD, USD, EUR and GBP from the convenience of their Wise multi-currency account. Once opted in, customers can continue to hold, spend, send and convert their money internationally from their balances with no penalties or minimum balance requirements.

Key features of the new feature include:

Earn market-leading returns across currencies: Opt in to Interest and earn 2.22% in CAD, 3.14% in USD,  0.8% in EUR and 2.21% in GBP from the convenience of the Wise multi-currency account*Instant access to your funds: Continue to hold, spend, send funds internationally with no minimum balance requirements or lock-up periodsSimple opt-in: Activate the feature in just a few taps within the Wise app

Vinay Nilakantan, Head of Product for North America at Wise, said: “Earning a return on your money across currencies shouldn’t require opening and managing multiple accounts or giving up access to your funds — but that’s the reality many Canadians have grown accustomed to. With Wise’s Interest feature, we’re changing that. We’re offering a more flexible way for our customers to make their money work harder across currencies, combining market-leading returns with the ability to use funds instantly, all in one convenient account.”

This launch builds on Wise’s growing momentum in Canada, where its active customer base grew by more than 30% in FY25. As Wise continues to scale in the market, it is investing in local infrastructure to better serve its growing customer base. Wise became a member of Payments Canada earlier this year, making it eligible to apply for direct participation in Canada’s national payment systems, including ACSS, Lynx and the forthcoming Real-Time Rail. Over time, this direct access to local payment infrastructure would enable Wise to move money faster and reduce costs further for Canadians and people sending to and from Canada.

*To find out more about Wise’s Interest feature in Canada, please visit http://www.wise.com/ca/interest

About Wise

Wise is a global technology company, building the best way to move and manage the world’s money. With Wise Account and Wise Business, people and businesses can hold 40 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new network for the world’s money. Launched in 2011, Wise is one of the world’s fastest growing, profitable tech companies.

In fiscal year 2025, Wise supported around 15.6 million people and businesses, processing over $185 billion USD in cross-border transactions and saving customers around $2.6 billion USD.

Media Contact: Samantha Krupa‑Carbone, skrupa-carbone@national.ca

SOURCE WISE

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Ecobat Completes Sale of Germany & Austria Operations to Clarios, Marking Exit from European Lead Market

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DALLAS, May 4, 2026 /PRNewswire/ — Ecobat, a global leader in battery recycling, today announced the successful completion of the sale of its battery recycling and specialty lead operations in Germany and Austria to Clarios, a global leader in advanced energy storage solutions. The transaction encompasses Ecobat’s facilities in Freiberg and Braubach, Germany, as well as the Arnoldstein operation in Austria.

This sale, together with previously completed divestitures in France, Italy, and the United Kingdom, marks Ecobat’s exit from the European lead market and the completion of a multi-transaction repositioning of its Resources division.

“The sale of our Germany and Austria operations is a defining milestone for Ecobat,” said Tom Slabe, President and Chief Executive Officer of Ecobat. “With our European lead footprint now fully transitioned to new ownership, Ecobat is positioned as a focused North American platform. We will continue to pursue opportunities to maximize value for shareholders as we build on that foundation.”

Mr. Slabe added, “Clarios’ expertise and strategic vision offer a strong foundation for the continued success of these operations in Germany and Austria. We’re confident they will continue to foster and enhance the valued relationships we have built with our employees, customers, and suppliers across Europe.”

Rothschild & Co acted as financial advisor and White & Case as legal advisor to Ecobat on the transaction.

About Ecobat

Ecobat is the world’s largest recycler of batteries with global operations. The company delivers innovative solutions for battery recycling, resource recovery and energy storage by responsibly managing valuable materials essential to modern life.

About Clarios

Clarios is the global leader in advanced, low-voltage battery technologies for mobility and owner of the brand VARTA in the automotive sector. Our batteries and smart solutions power nearly every type of vehicle and are found in 1 of 3 cars on the road today. With around 18,000 employees in over 100 countries, we bring deep expertise to our Aftermarket and OEM partners, and reliability, safety and comfort to everyday lives. We answer to the planet with a rigorous sustainability focus – advancing best-in-class sustainability practices and advocating for them across our industry. We work to ensure 100% of our products sold are recyclable, and we recycle 8,000 batteries an hour in our network.

For Media Inquiries:

Elizabeth Tuma

Ecobat

Press@Ecobat.com

1-888-317-4687 ext. 703

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SOURCE Ecobat

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Hyperscale Data to Launch 20-Week Business Spotlight Series to Highlight the Scale, Scope and Value of Its Operations

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Company Plans Weekly Monday Releases to Help Investors Better Understand Businesses Owned Directly and Through Ault Capital Group; Management Believes Hyperscale Data’s Assets and Operating Businesses Are Not Fully Reflected in the Company’s Market Valuation

LAS VEGAS, May 4, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that it plans to launch a 20-week business spotlight series, with a new press release expected to be issued each Monday morning, highlighting the Company’s businesses, subsidiaries, assets and strategic initiatives owned directly and through its wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”).

Management believes that the market does not fully appreciate the scale and breadth of the platform Hyperscale Data has built, the operations it conducts through acquisitions, internal development and ongoing investment or its resulting long-term growth opportunities. Through this 20-week series, Hyperscale Data intends to provide investors, stockholders and the broader market with enhanced transparency into its business, including its AI data center strategy, Bitcoin treasury and digital asset initiatives, robotics platform, financial services, lending operations, market platforms, defense-related businesses, energy services and other strategic assets.

The Company expects that more consistent and detailed communication may assist investors in more fully evaluating Hyperscale Data as a diversified operating platform with multiple potential growth drivers.

Management has previously indicated that it believes the Company has the potential to generate between $180 million and $200 million in annual revenue across its operating businesses for its fiscal year 2026, based on current operations and internal estimates. These expectations are forward-looking, subject to a variety of risks and uncertainties, and actual results may differ materially.

The 20-week series is expected to highlight businesses and strategic initiatives across the Hyperscale Data ecosystem, including, among others:

Infrastructure, AI, Digital Asset Platform and Robotics

Hyperscale Data’s AI data center infrastructure and strategy;The Company’s Bitcoin treasury and digital asset strategy;Sentinum, Inc. and its Bitcoin mining operations;Omnipresent Robotics, LLC and robotics and data collection opportunities;Ault Blockchain and blockchain-related initiatives; andDigital asset market-making, decentralized finance and tokenization initiatives, including through strategic investments, partnerships and other arrangements.

Financial Services and Market Platforms

ACG and its financial services platform;Ault Lending, LLC and its private credit activities;Ault Markets, Inc. and financial technology initiatives;askROI, Inc. and AI-powered software solutions; andOnlyBulls and consumer financial technology offerings.

Industrial, Energy and Defense Operations

Gresham Worldwide, Inc. and its defense and mission-critical operations;TurnOnGreen, Inc. and its design and manufacturing of power products for mission-critical applications across defense, healthcare, industrial and other sectors; andCircle 8 Crane Services, LLC and energy services.

Additional operating subsidiaries, investments and strategic assets that management believes are important to understanding the overall enterprise may also be highlighted among this series of press releases.

Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, stated, “We believe Hyperscale Data is not yet fully understood by the market. Over the last several years, we have assembled a broad operating platform spanning AI data centers, Bitcoin and digital assets, robotics, financial services, lending, market platforms and defense-related businesses. Through this spotlight series, we intend to provide greater transparency into our operations and strategy, and to help investors better understand how these businesses may contribute to our long-term growth objectives as they continue to scale and integrate.”

The Company reserves the right to either issue press releases of the kind described in this announcement on Monday afternoons in the event that management believes a different kind of press release must be issued on Monday mornings or not issue them for a particular Monday at all. Further, the Company reserves the right to terminate the 20-week spotlight series in its entirety at any time.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

 

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SOURCE Hyperscale Data Inc.

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