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Sterling Bank of Asia Selects Infosys Finacle Software-as-a-Service for it’s Next-Gen Transformation

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BENGALURU, India and MANILA, Philippines, June 25, 2026 /PRNewswire/ — Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank’s decision to select Infosys Finacle Software-as-a-Service (SaaS) platform for its transformation program. Sterling Bank has opted to leverage the Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and Finacle Origination solutions for its requirements. Through this strategic collaboration with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services, and reduce operational complexity through automation and digitization, thereby supporting its future growth.

With the new platform, Sterling Bank will be able to simplify management of technology operations by leveraging the SaaS-based deployment, allowing the bank to focus on strategic growth and innovation. Further, the bank will be able to drive faster innovation cycles while staying secure and compliant through access to periodic upgrades, security, and feature enhancements. In addition, the cloud-hosted model will help the bank scale seamlessly and on demand to support evolving business needs.

Cecilio Paul D. San Pedro, President and Chief Executive Officer, Sterling Bank of Asia, said, “At Sterling Bank of Asia, we aim to integrate forward–thinking solutions into our operations to better serve the Philippine market. Achieving this requires us to continuously respond to fast–evolving customer expectations, the accelerating pace of digital innovation, and an increasingly complex regulatory landscape. Modernizing our technology foundation for both core and digital banking is essential to realizing our goals. With Infosys Finacle, we have a trusted transformation partner and a next–generation banking platform that will equip us to meet the dynamic requirements of our business, our customers, and the wider regulatory environment.”

Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle, said, “Our collaboration with Sterling Bank of Asia is yet another example of Finacle’s growing presence in the Philippines. This collaboration reflects our continued commitment to delivering next-generation solutions to thrift banking community without upfront infrastructure investments. With Finacle SaaS, tailored for the Philippine market, Sterling Bank of Asia will gain a modern, customer–first digital banking platform to help position the bank for long–term success.”

About Infosys Finacle

Finacle is an industry leader in digital banking solutions. We are a unit of EdgeVerve Systems, a wholly-owned product subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY). We partner with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of financial institutions. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better. For more information, visit www.finacle.com.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence (“AI”), generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

View original content:https://www.prnewswire.com/apac/news-releases/sterling-bank-of-asia-selects-infosys-finacle-software-as-a-service-for-its-next-gen-transformation-302810610.html

SOURCE Infosys

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ITC Validates Again Voltage Energy’s Right to Supply Trunk Bus Solutions to U.S. Market

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Voltage Energy to Continue Serving Domestic Customers with Next-Generation Trunk Bus Solutions

CHAPEL HILL, N.C., June 25, 2026 /PRNewswire/ — Voltage Energy Group (“Voltage Energy”), a leading solar and clean energy solutions provider founded in North Carolina, today announced that the U.S. International Trade Commission (“ITC”) has issued a final determination confirming that its next-generation trunk bus solutions (“LYNX PLUS”) do not infringe the patents of Shoals Technologies Group, Inc. (“Shoals”) asserted in its second ITC case against Voltage Energy.   

This critical ruling allows Voltage Energy to continue serving domestic customers, including solar developers and EPCs, by ensuring uninterrupted access to its trunk bus solutions for projects nationwide. It also rejects Shoals’ efforts to exclude Voltage Energy’s trunk bus solutions from the market and stifle competition. 

“Today’s decision is a victory for Voltage Energy and reinforces fair competition and reliable access to innovative energy solutions for the domestic solar industry and its customers,” said Li Wang, CEO of Voltage Energy. “Voltage Energy independently developed its trunk bus solutions and will continue to innovate. The solar industry depends on open and fair competition, not efforts to eliminate competitors through litigation and unfair business practices.”

This latest ruling follows a series of favorable outcomes for Voltage Energy in related proceedings. Last January, the ITC found no violation and terminated Shoals’ first ITC investigation, which Shoals had initiated in May 2023 and in which it wrongly accused Voltage Energy’s products of infringing three patents. During that first ITC case, Shoals sought new patents, which were issued in June 2024 and were later asserted in Shoals’ second ITC case and district court complaint against Voltage Energy in January 2025.

Following a recent bench trial, the district court found that Shoals violated an agreement prohibiting its ITC counsel’s involvement in obtaining those new patents.

Voltage Energy appreciates the court’s validation of those concerns, as well as the Court’s recognition that Shoals should not unfairly benefit from that violation, which accelerated Shoals obtaining those patents.  Voltage Energy stands behind its trunk bus solutions, which were independently developed before Shoals obtained the asserted patents, and will continue to defend its innovations, including its latest LYNX PLUS solution, which the ITC confirmed does not infringe the 375/376 patents.  

While related legal matters remain ongoing, Voltage Energy respects valid intellectual property rights and remains committed to competing with integrity, investing in innovation, and delivering dependable, forward-looking solutions to customers. 

About Voltage Energy Group

Founded in 2016, Voltage Energy Group (“Voltage Energy”) is a leading global provider of electrical balance of systems (EBOS) solutions for utility-scale solar projects, with global headquarters in Chapel Hill, North Carolina. Voltage Energy delivers innovative, value-engineered technologies and services that improve installation efficiency, enhance safety, and optimize long-term system performance.

We are a group of innovative people who sincerely care about the renewable industry. Learn more at the company’s new website, www.voltageenergy.com.

 

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SOURCE Voltage Energy Group

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Validar, Leader in Event-Technology Sector, Secures Debt-Funding Package from Decathlon Capital Partners

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Seattle-based company to expand platform, boost customer-support and sales initiatives

SEATTLE, June 25, 2026 /PRNewswire/ — Validar, an innovative provider of event-technology solutions, will launch a significant expansion program after it reached agreement with Decathlon Capital Partners on a growth-funding investment. Validar is headquartered at Seattle.

The venture-debt funding will support expanded features on the Validar platform as well as expanded customer-support and sales-and-marketing initiatives. Financial details of the venture-debt transaction were not disclosed.

Victor Kippes, Founder and CEO of Validar, said the company has worked more than two decades to help marketers of B2B events better understand and articulate their value. At more than 1,000 events around the world, Validar products have enhanced ticketing and registration, provided real-time feedback on the effectiveness of content, and driven leads from the show floor into sales initiatives.

“This important growth-financing package is custom designed to meet the needs of our fast-growing company,” Kippes said. “It provides flexible amortization, doesn’t require any dilution of existing shareholders and doesn’t involve any changes in management control or governance.”

Validar will face no cost for undrawn capital in the transaction, which includes possible additional steps to support Validar’s growth beyond the current investment.

John Borchers, Managing Director of Decathlon Capital Partners, said Validar’s products provide high-value data to organizers of B2B events, allowing them to understand the ROI on the millions of dollars they spend to attract attendees to their events.

“Validar has worked closely with the B2B events industry since 2005. Victor Kippes and his team understand the requirements of event marketers, and they continue to develop technology solutions to meet the needs of their clients worldwide,” Borchers said. “Decathlon Capital Partners is pleased to support the continued growth of Validar.”

About Validar
Validar provides innovative event technology solutions that empower organizers to create engaging, efficient, and data-driven experiences. With a focus on streamlining registration, check-in, tracking attendee behavior, engagement tools, and event analytics, Validar serves a wide range of industries to enhance attendee satisfaction and measure event performance. Learn more at www.validar.com.

About Decathlon Capital Partners 
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized growth-debt financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is active across a wide range of sectors. Learn more at www.decathloncapital.com.

View original content:https://www.prnewswire.com/news-releases/validar-leader-in-event-technology-sector-secures-debt-funding-package-from-decathlon-capital-partners-302811124.html

SOURCE Validar

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PLS Logistics Services Acquires The AGL Group

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Acquisition expands PLS Logistics non-asset-based Service Portfolio

CRANBERRY, Pa., June 25, 2026 /PRNewswire/ — PLS Logistics Services (PLS), a leading third-party logistics provider, today announced the acquisition of The AGL Group, an international freight forwarder and supply chain company based in Weymouth, Massachusetts. The acquisition of AGL enhances PLS’s market position, diversifies its customer base, and expands its product portfolio.

For customers, PLS now offers international forwarding services, including drayage, ocean and customs brokerage, along with its world class domestic freight solutions, including truckload, LTL, TMS, and managed services.

Commenting on the acquisition, PLS Chairman and CEO Greg Burns remarked “The acquisition of the AGL Group brings a proven and reliable international service provider with strong presence in ocean and customs brokerage to the PLS client base. I’m excited that the AGL management team lead by CEO Steve Zambo will be joining the PLS family.”

Added Steve Zambo, CEO of the AGL Group, “The team at AGL is looking forward to further growth opportunities as part of a Billion dollar organization. PLS Logistics is known throughout the industry for its advance supply chain solutions, scaled operations, and outstanding market reputation. The combination will create new opportunities for AGL clients and employees alike.”

The AGL Group will operate as a wholly owned subsidiary of PLS Logistics, with Steve Zambo remaining CEO and reporting to PLS President Steven Bergan.

PLS President Steven Bergan commented; “The entire PLS Leadership team has been impressed with the customer and employee centric culture that Steve Zambo has built and we see this as an excellent culture fit with PLS. I look forward to working closely with Steve and his team to further growth opportunities ahead.”

Financial terms of the transaction were not disclosed.

ABOUT PLS LOGISTICS SERVICES
PLS Logistics Services is a leading third-party logistics provider specializing in managed transportation and end-to-end supply chain solutions across North America and beyond. Powered by people, process, and proprietary technology, PLS delivers Visibility, Capacity, and Confidence to businesses that depend on their supply chains to perform. For more information, visit www.plslogistics.com.

ABOUT THE AGL GROUP
The AGL Group is a full-service logistics company with more than 40 years of experience in domestic, import, and export freight solutions. With a team of 76 specialists and a global partner network of 600+ providers, AGL delivers comprehensive freight solutions built around one guiding principle: making lives easier. For more information, visit www.theaglgroup.com

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SOURCE PLS Logistics Services

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