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Winpak’s Board of Directors Announces Third Quarter 2024 Dividend

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WINNIPEG, MB, Aug. 9, 2024 /CNW/ – Winpak Ltd. (TSX: WPK) announces that at a meeting on August 9, 2024, the Company’s Board of Directors declared a dividend of five cents (5 cents, Canadian currency) per share. The dividend is payable on October 11, 2024, to shareholders of record at the close of business on October 1, 2024.

The Board of Directors is committed to sustainable growth in the quarterly dividend, targeting the achievement of a payout ratio of approximately 10 percent of net earnings attributable to equity holders of the Company within the next five years.

Winpak Ltd. manufactures and distributes high-quality packaging materials and related packaging machines. The Company’s products are used primarily for the protection of perishable foods and beverages, and in healthcare applications.

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CNBC Names PayJoy one of the World’s Top FinTech Companies of 2026

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Recognition highlights PayJoy’s leadership in emerging market consumer finance

SAN FRANCISCO, July 23, 2026 /PRNewswire/ — CNBC and Statista have named PayJoy to the “World’s Top Fintech Companies 2026,” which honors companies providing digital funding and bank-independent lending solutions for individuals and businesses. PayJoy is a leading financial services provider for underserved consumers across emerging markets.

Now in its fourth edition, the ranking identifies 500 leading companies across eight fintech market segments worldwide, including Payments, Neobanking, Wealth Technology, Digital Assets, Enterprise Fintech, Insurtech, Regtech, and Alternative Financing. Companies were evaluated using an aggregated scoring model built on both general and segment-specific KPIs, drawing on desk research from publicly available sources alongside company self-reports submitted through an open application process.

PayJoy’s inclusion reflects its work bringing credit access to the emerging middle class in Mexico, Colombia, Brazil, Panama, Peru, Ecuador, South Africa, the Philippines, and Indonesia, nine countries where traditional financial infrastructure has long excluded first-time borrowers.

“This recognition from CNBC and Statista is a meaningful validation of the work our team does every day,” said Doug Ricket, PayJoy CEO and Co-Founder. “Millions of people across the markets we serve are building credit for the first time through PayJoy. Being named among the world’s top fintech companies reflects the scale and impact of that work.”

For more information on the full ranking, visit https://www.cnbc.com/worlds-top-fintech-companies-2026/ 

About PayJoy
PayJoy expands credit access across emerging markets through point-of-sale financing and card offerings. Its proprietary secured-credit technology enables first-time borrowers to responsibly build financial stability and participate fully in the modern economy. Through its cutting-edge machine learning, data science, and anti-fraud AI, PayJoy has financed over $3.5 billion of loans to more than 20 million people and employs over 1,000 people worldwide. For more information, visit https://www.payjoy.com/ 

Contact
payjoy@thekeypr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cnbc-names-payjoy-one-of-the-worlds-top-fintech-companies-of-2026-302833730.html

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Youngstown Innovation Hub Breaks Ground at YBI’s 107 Building

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YOUNGSTOWN, Ohio, July 23, 2026 /PRNewswire/ — As the United States works to strengthen its aerospace and defense manufacturing base, the Youngstown Innovation Hub for Aerospace & Defense broke ground today on YBI‘s 107 Building in downtown Youngstown, positioning the region as a national proving ground for advanced and additive manufacturing. The Hub is managed by the National Center for Defense Manufacturing and Machining (NCDMM).

Youngstown Innovation Hub for Aerospace & Defense breaks ground at YBI’s 107 Building.

The Hub is one of four Innovation Hubs established across Ohio as part of a statewide initiative to strengthen innovation-driven economic growth. Once complete, it is projected to generate approximately $161.6 million in economic impact, create 450 new jobs, and produce 185 new STEM credential opportunities and 40 internship opportunities by 2029.

The groundbreaking comes as Ohio was recently ranked the No. 1 state for business in America by CNBC’s 2026 America’s Top States for Business rankings, up from No. 5 in 2025.

Ohio Lt. Governor Jim Tressel attended and delivered remarks at the ceremony.

“Today is about more than renovating a building. It’s about building opportunity for Ohioans,” said Lt. Governor Tressel. “The Mahoning Valley has always been defined by the people who make things, solve problems, and never stop working toward a better future. This Innovation Hub builds on that proud tradition while preparing the next generation for in-demand careers in manufacturing.”

Hub and YBI leadership also spoke at the ceremony.

“Today’s groundbreaking of the Youngstown Innovation Hub represents much more than the start of a building renovation. It reflects what can happen when state, regional, industry, academic, and community partners come together around a shared vision for the future of manufacturing, aerospace and defense innovation,” said Megan Malara, Ph.D., director of the Youngstown Innovation Hub.

The renovation is made possible in part by a $750,000 state capital investment. Ohio State Sen. Al Cutrona and state Rep. Lauren McNally were credited with helping advance the funding request through the legislative process. YBI also recognized the broader Lake to River legislative delegation, including state Reps. Nick Santucci, Tex Fischer, Monica Robb Blasdel, Dave Thomas, and Sarah Fowler Arthur, for their support, as well as U.S. Sens. Jon Husted and Bernie Moreno for their support of the project in the U.S. Senate.

Speakers at the ceremony included Ohio Lt. Gov. Jim Tressel; Lydia Mihalik, director of the Ohio Department of Development; Mary Mertz, director of the Ohio Department of Natural Resources; Julius Oliver, 1st Ward Councilman for the City of Youngstown; State Sen. Al Cutrona; State Rep. Nick Santucci; State Rep. Lauren McNally; and Megan Malara, Ph.D., director of the Youngstown Innovation Hub. Barb Ewing, CEO of YBI, served as master of ceremonies.

The City of Youngstown, which committed $1.35 million in local matching funds to the project, was represented at the ceremony. John Wilczynski, executive director of America Makes, attended, and Barb Ewing recognized Kimberly Gibson and Alexander Steeb of America Makes for their roles in advancing the project.

Upon completion, the five-story, 130,000-square-foot concrete-framed building will offer flexible space for offices, workspaces, and display areas, along with robust power capacity to support multiple high-demand tenants. The building’s security features, including limited access points and naturally separated manufacturing bays, are designed to meet U.S. Department of War contracting criteria, positioning tenants to compete directly for federal defense work.

“It’s great to finally be transitioning from talking about this project to actually working on it. We appreciate all the support we’ve had from our political leaders and the community. YBI is proud to be a part of the project team that’s changing the trajectory of the Mahoning Valley,” said Barb Ewing, CEO of YBI.

Companies looking to expand, relocate, or enter the aerospace and defense manufacturing sector are encouraged to visit the Youngstown Innovation Hub website at youngstownhub.us.

About the Youngstown Innovation Hub for Aerospace & Defense

Managed by the National Center for Defense Manufacturing and Machining (NCDMM), the Youngstown Innovation Hub is a national proving ground for advanced and additive manufacturing, strengthening U.S. aerospace and defense supply chains and workforce development. Learn more at youngstownhub.us.

About YBI

YBI is a globally recognized economic development nonprofit, advancing innovation and growth across Ohio and beyond. Through a flexible suite of high-quality entrepreneurial services and resources, YBI supports startups, small businesses, and manufacturers at every stage of development. For more information, visit ybi.org.

Media Contact:
Jessica Sprowl, Marketing and Communications Director, YBI
jsprowl@ybi.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/youngstown-innovation-hub-breaks-ground-at-ybis-107-building-302833734.html

SOURCE YBI

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VELMENI Receives FDA 510(k) Clearance for AI-Powered 3D CBCT Dental Imaging Software

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VELMENI for DENTISTS® 3D brings AI-assisted CBCT segmentation, anatomical visualization, measurements, panoramic reconstruction, and workflow support to dental practices, specialists, DSOs, and imaging centers.

SUNNYVALE, Calif., July 23, 2026 /PRNewswire/ — VELMENI, a dental artificial intelligence company developing connected clinical and administrative workflows for dentistry, today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration for VELMENI for DENTISTS (V4D) 3D.

The FDA clearance, issued under 510(k), expands VELMENI’s dental AI portfolio into three-dimensional cone-beam computed tomography, or CBCT, imaging. VELMENI for DENTISTS (V4D) 3D is designed to assist qualified dental professionals in reviewing and analyzing dental CBCT scans through AI-assisted anatomical segmentation, visualization, measurements, and image reconstruction.

By bringing 2D dental radiograph analysis and 3D CBCT intelligence into the broader VELMENI platform, the company is building a more connected dental AI workflow for general dentists, oral and maxillofacial radiologists, oral surgeons, orthodontists, prosthodontists, endodontists, dental service organizations, and imaging centers.

“VELMENI’s vision extends beyond isolated AI image interpretation,” said Mini Suri, CEO and Co-Founder of VELMENI. “Our 3D AI helps clinicians review complex CBCT scans more efficiently, supporting confident decisions while streamlining the clinical workflow.”

AI-Assisted 3D CBCT Review for Modern Dental Workflows

Dental CBCT imaging provides detailed three-dimensional views of oral and maxillofacial anatomy that can support implant planning, endodontic assessment, orthodontic evaluation, surgical review, airway analysis, and other dental applications.

VELMENI for DENTISTS (V4D) 3D applies artificial intelligence to help dental professionals navigate complex CBCT datasets and convert volumetric imaging information into clear, clinically useful visualizations.

Subject to the product’s FDA-cleared indications for use, key capabilities include:

Intelligent 3D Anatomical SegmentationVELMENI’s 3D dental AI assists with identifying, labeling, and segmenting anatomical structures such as the maxilla, mandible, mandibular canal, teeth, maxillary sinuses, temporomandibular joints, and airway structures. These segmented structures can be viewed in three dimensions to support anatomical review, treatment planning, specialist collaboration, and patient education.Automated Panoramic Reconstruction and Cross-Sectional ViewsThe software automatically identifies the dental arch and generates reconstructed panoramic and cross-sectional views from CBCT datasets, enabling efficient review of anatomical structures across multiple planes.Measurements and Multi-Dimensional VisualizationVELMENI for DENTISTS (V4D) 3D provides clinically relevant measurements and high-resolution multi-planar and three-dimensional visualizations to support efficient CBCT review and treatment-planning workflows.STL Export for Education and CollaborationUsers can export detailed STL files to create three-dimensional models for patient education, case presentation, and collaboration with specialists and dental laboratories.Structured Reporting and Workflow ConnectivityVELMENI’s platform connects CBCT imaging insights with structured reporting, clinical documentation, and collaborative workflows, helping practices streamline imaging, documentation, and patient communication.

Supporting Clinicians—Not Replacing Clinical Judgment

VELMENI for DENTISTS 3D is intended to assist qualified dental professionals and is not a replacement for a complete clinical examination, professional judgment, patient history, or in-person assessment. Final diagnoses, treatment recommendations, and patient treatment plans remain the responsibility of the treating dental professional.

“As an oral and maxillofacial radiologist, I have seen how responsibly developed artificial intelligence can improve consistency and efficiency in dental imaging review while supporting clinical decision-making,” said Dr. Dale Miles, DDS, MS, FRCD(C), Oral and Maxillofacial Radiologist, DoctorConeBeam, and CBCT Advisor to VELMENI.

“VELMENI brings together three important AI-native workflows—voice, two-dimensional imaging, and three-dimensional imaging—within one connected platform,” said Dr. Nodesh Shyamsunder, Oral and Maxillofacial Prosthodontist. “The system is intuitive, and the reduction in repetitive workload can be immediate.”

Expanding the VELMENI ONE Dental AI Platform

VELMENI for DENTISTS (V4D) 3D is part of VELMENI ONE, a connected dental AI platform that brings together:

AI-assisted 2D dental X-ray analysisAI-powered 3D CBCT imaging and visualizationVoice-enabled periodontal charting and clinical documentationAutomated CBCT reporting supportDental insurance claims automationClinical workflow and practice-management integrations

Unlike standalone dental imaging applications, VELMENI ONE is designed to connect clinical imaging, documentation, patient communication, and administrative workflows within one intelligent dental AI ecosystem.

About VELMENI

VELMENI is an AI-powered dental technology company transforming clinical workflows through intelligent imaging and automation. VELMENI ONE unifies AI-powered 2D imaging, 3D CBCT analysis, voice-enabled clinical documentation, structured reporting, and workflow automation into a single connected platform. Designed for dental practices, specialists, DSOs, and imaging centers.

To learn more about VELMENI dental AI or schedule a personalized demonstration, visit velmeni.ai.

Regulatory Notice

VELMENI products are intended to assist qualified dental professionals and are not substitutes for professional judgment or a complete clinical examination. Final diagnoses and treatment plans remain the responsibility of the treating dental professional. Product availability and regulatory status vary by market.

View original content to download multimedia:https://www.prnewswire.com/news-releases/velmeni-receives-fda-510k-clearance-for-ai-powered-3d-cbct-dental-imaging-software-302833735.html

SOURCE VELMENI AI

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