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EPAM and Baker Hughes Collaborate to Transform the Energy Sector Leveraging Advanced AI Implementations

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Collaboration will define and drive global energy efficiency through advanced digital solutions

NEWTOWN, Pa., Feb. 1, 2025 /PRNewswire/ — EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced an expanded engagement with Baker Hughes to revolutionize the energy sector. This engagement names EPAM as Baker Hughes’ systems integration collaborator for digital and AI implementations, marking a significant milestone in the sector’s digital transformation.

Combining EPAM’s best-in-class digital engineering and product development capabilities with Baker Hughes’ expertise in energy technology, this collaboration will redefine workflows, improve operational efficiency and deliver innovative solutions to drive substantial environmental benefits. Leveraging digital solutions will further support Baker Hughes’ 2030 commitment to growing its digital revenue stream through advanced technologies and fostering sustainable energy development.

“We are pleased that Baker Hughes has chosen to team up with EPAM, entrusting us with their most complex digital transformation and technology modernization challenges,” said Balazs Fejes, President of Global Business & Chief Revenue Officer of EPAM. “With our expert orchestration and systems thinking approach, we look forward to bringing world-class solutions to drive significant change across the industry.”

The digital transformation achieved through this collaboration also punctuates the theme for the 2025 Baker Hughes Annual Meeting (AM25). The event, held in Florence, Italy, from February 2 to 4, 2025, will bring more than 2,000 industry leaders, policymakers, and experts to share strategies for driving actionable change in the energy industry.

EPAM’s significant presence at AM25 includes the following highlights:

Arkadiy Dobkin, CEO and President, EPAM, will deliver a keynote, sharing thoughts on achieving lasting change across the energy industry.Interactive kiosks featuring EPAM’s JenAii™ will showcase Baker Hughes’ applications. JenAii™ is EPAM’s virtual assistant, powered by a combination of AI-enabled chatbots, motion capture and 3D gaming software.Fabio Mazzocchetti, CTO AI in Energy, EPAM, will lead a Tech Talk, exploring the influence of autonomous, intelligent AI agents in the energy sector.

“This year’s theme, Progress at Scale, reflects the need for sustainable energy development to drive lasting change across energy and industry,” said Lorenzo Simonelli, Chairman and CEO of Baker Hughes. “As Baker Hughes’ system integration collaborator for digital and AI implementations – and the current systems integrator for our Leucipa™ automated field production solution – the digital capabilities and expertise of EPAM are crucial to meet growing global energy demand.”

For more information about how EPAM is turning future possibilities into today’s reality for energy companies, visit www.epam.com/industries/energy-and-resources.

About EPAM Systems

Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has used its software engineering expertise to become a leading global provider of digital engineering, cloud and AI-enabled transformation services, and a leading business and experience consulting partner for global enterprises and ambitious startups. We address our clients’ transformation challenges by focusing EPAM Continuum’s integrated strategy, experience and technology consulting with our 30+ years of engineering execution to speed our clients’ time to market and drive greater value from their innovations and digital investments.

We make GenAI real with our AI LLM orchestration, testing and engineering solutions, EPAM DIAL, EPAM EliteA™ and EPAM AI/RUN™, respectively.

We deliver globally but engage locally with our expert teams of consultants, architects, designers and engineers, making the future real for our clients, our partners, and our people around the world. We believe the right solutions are the ones that improve people’s lives and fuel competitive advantage for our clients across diverse industries. Our thinking comes to life in the experiences, products and platforms we design and bring to market.

Added to the S&P 500 and the Forbes Global 2000 in 2021 and recognized by Glassdoor and Newsweek as a Top 100 Best Workplace, our multidisciplinary teams serve customers across six continents. We are proud to be among the top 15 companies in Information Technology Services in the Fortune 1000 and to be recognized as a leader in the IDC MarketScapes for Worldwide Experience Build Services, Worldwide Experience Design Services and Worldwide Software Engineering Services.

Learn more at www.epam.com and follow us on LinkedIn.

Forward-Looking Statements

This press release includes estimates and statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Our estimates and forward-looking statements are mainly based on our current expectations and estimates of future events and trends, which affect or may affect our business and operations. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. Those future events and trends may relate to, among other things, developments relating to the war in Ukraine and escalation of the war in the surrounding region, political and civil unrest or military action in the geographies where we conduct business and operate, difficult conditions in global capital markets, foreign exchange markets and the broader economy, and the effect that these events may have on client demand and our revenues, operations, access to capital, and profitability. Other factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the risk factors discussed in the Company’s most recent Annual Report on Form 10-K and the factors discussed in the Company’s Quarterly Reports on Form 10-Q, particularly under the headings “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” and other filings with the Securities and Exchange Commission. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made based on information currently available to us. EPAM undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.

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SOURCE EPAM Systems, Inc.

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RMX Industries Sets Out Real-World Intelligence

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DALLAS, Sept. 2, 2026 /PRNewswire/ — RMX Industries, Inc. (“RMX” or the “Company”) (OTCQB: RMXI), an edge intelligence company delivering QuantrusX™, today announced it has published the first in a three-part brief on Real-World Intelligence, the Company’s name for intelligence built at the physical edge.

The first brief states that most intelligence sold to industry is trained in a data center and asked, after the fact, to comment on a live site. Whereas Real-World Intelligence is meant to run where the data is made and stay on the premises.

The Company is applying that approach first to the safety and security industry. QuantrusX™ is the Company’s product that delivers Real-World Intelligence, and QuantrusX Distributed Data Center™ (“QXDDC™”) is the intelligence fabric the QuantrusX™ deployments are intended to form as they connect. The remaining briefs in the series discuss QuantrusX™ and QXDDC™ in turn. The first brief is available to read on the Company’s website, www.rmx.io, and across its social channels.

“In our experience the gap is not a shortage of cameras,” said Karl Kit, Chief Executive Officer of RMX. “It is a lack of intelligence that lives where the data is made, on the site you already run, giving operators the insight they need while they still have time to act.”

About RMX: RMX Industries, Inc. (OTCQB: RMXI) is an edge intelligence company building physical-edge intelligence solutions for operational and mission-critical environments, drawing on a legacy in video optimization and data transfer technology. RMX is focused on platforms, such as its proprietary edge intelligence platform, QuantrusX™, that bring intelligence closer to the real world, supporting faster data interpretation, local response, and trusted decision-making where connectivity, time, and context matter. For more information, visit www.rmx.io.

Cautionary Note Regarding Forward-Looking Statements: This press release contains forward-looking statements that are subject to various risks and uncertainties. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical facts, particularly those that use terminology such as “intends,” “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Although the Company believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, including the risks described in the risk factors section of the reports and other documents that we file with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of the document in which they are contained, and the Company does not undertake any duty to update any forward-looking statements except as may be required by law.

Media Contact: media@rmx.io 

Investor Relations: ir@rmx.io 

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SOURCE RMX Industries, Inc.

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Viventium Launches Next Generation Workforce Management Platform for Healthcare

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Newly integrated scheduling and time & attendance capabilities further unify Viventium’s end-to-end HCM platform, now connecting hiring, HR, workforce management, payroll, and retention to support every stage of the caregiver lifecycle.

BERKLEY HEIGHTS, N.J., Sept. 2, 2026 /PRNewswire/ — Viventium today announced an expansion of its human capital management (HCM) platform through the addition of integrated scheduling and time & attendance capabilities. The enhanced offering extends the connected Viventium + Apploi workforce experience, providing healthcare organizations with greater workforce visibility while reducing the complexity of managing employees across multiple systems.

Healthcare providers continue to face workforce challenges, including staffing shortages, labor cost pressures, employee retention concerns, and growing compliance requirements. Many long-term care organizations still rely on disconnected systems to manage workforce operations, limiting visibility and creating administrative inefficiencies. Time & attendance tracking and workforce scheduling have become increasingly critical functions that directly impact staffing decisions, labor costs, payroll accuracy, employee experience, and quality of care.

Available immediately for skilled nursing and senior living providers, the expanded capabilities provide a more connected approach to workforce operations. By integrating scheduling and time & attendance capabilities within Viventium’s unified HCM platform, which already supports recruiting, applicant tracking, onboarding, HR, payroll, compliance, and retention, providers can improve workforce visibility, support more efficient staffing decisions, reduce manual processes, and gain a more complete view of their workforce.

“Healthcare organizations need more than standalone workforce tools,” said Navin Gupta, Chief Executive Officer of Viventium. “They need connected systems that support caregivers from applicant to employee and from schedule to paycheck. By expanding our workforce capabilities, we’re helping providers bring together the information and workflows they need to make more informed staffing decisions, improve operational efficiency, and remain focused on delivering quality care.”

The expansion reinforces Viventium’s broader vision of providing healthcare organizations with a unified workforce platform built specifically for the industry’s operational and compliance needs. As providers increasingly explore workforce analytics, automation, and AI-driven insights, connected workforce data provides a stronger foundation for informed decision-making and long-term workforce optimization.

About Viventium + Apploi
Viventium + Apploi develops award-winning human capital management software for post-acute, behavioral health and ABA organizations of every size, helping providers unlock efficiency and improve the caregiver experience. This hire-to-retire suite was designed exclusively for the industry’s unique demands and nuanced rules. Viventium is technology built for healthcare. Because expertise matters.

For more information: www.viventium.com.

Media Contact:
Gillian Hanley
The Castle Group
301-204-1911
Ghanley@thecastlegrp.com 

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SOURCE Viventium

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TPx Secures Court Approval of Plan of Reorganization, Positioning Company for Long-Term Success

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Clears path for TPx to emerge with significantly less debt, increased capacity to invest in the business and a new ownership structure that supports TPx’s future growth

AUSTIN, Texas, Sept. 2, 2026 /PRNewswire/ — TPx (the “Company”), a leading nationwide managed services provider, today announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the Company’s Plan of Reorganization (the “Plan”), marking a significant milestone in TPx’s Chapter 11 process.

Under the confirmed Plan, TPx expects to emerge with a stronger balance sheet, a more sustainable capital structure, and access to new capital. This improved financial position will allow TPx to build on its continued EBITDA and free cash flow growth while increasing investment in the business.

“Confirmation of our Plan marks a major step for TPx and clears the way for the company’s next phase,” said Shaun Andrews, Chief Executive Officer of TPx. “We reached this milestone with the commitment of our employees, the partnership of our customers and Channel Partners, and the support of our lenders, and I’m grateful to all of them. Now we can turn our full attention to the opportunities ahead: expanding the business, strengthening our capabilities and raising the bar for the managed services we deliver. We have a clear direction and a lot to build on.”

TPx continues to operate as usual, delivering reliable managed IT services and supporting customers’ day-to-day operations without interruption.

The Company expects to emerge from Chapter 11 once required regulatory approvals are received and customary closing conditions are satisfied. At that time, a group of investors consisting of the Company’s existing lenders and equity sponsor will become TPx’s new owners. TPx will be well capitalized upon emergence with new financing provided by this group of investors.

Additional Information

Additional information about TPx’s restructuring process is available at http://tpx.com/ourfuture. Bankruptcy Court filings and other information regarding the case can be found at https://restructuring.ra.kroll.com/TPx, or by contacting Kroll Inc., the Company’s noticing and claims agent, at (888) 339-7353 (toll-free) and +1(646) 825-5321 (international).

TPx is advised in this matter by Sidley Austin LLP as legal counsel, Portage Point Partners as financial advisor, with Steven Shenker serving as Chief Restructuring Officer, PJT Partners, Inc. as investment banker, and FTI Consulting, Inc. as communications advisor. An ad hoc group of lenders is advised by Davis Polk & Wardwell LLP as legal counsel, Haynes and Boone LLP as local counsel, and Guggenheim Securities, LLC as financial advisor.

About TPx

TPx is your sidekick for smart IT—helping organizations connect, secure, and grow with confidence. Leveraging decades of experience, TPx delivers managed services for cybersecurity, networks, and cloud communications that reduce risk and maximize the value of IT investments. Visit www.tpx.com to learn more.

Media Contacts

Marissa Daily / Adeel Omer
mediarelations@tpx.com 

or

Rose Temple / Rachel Chesley
TPxComms@fticonsulting.com 

View original content:https://www.prnewswire.com/news-releases/tpx-secures-court-approval-of-plan-of-reorganization-positioning-company-for-long-term-success-302868029.html

SOURCE TPx

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