Enters into Amended and Restated Restructuring Support Agreement with existing sponsor and secured lenders holding approximately 98% of funded debt to enhance financial position

Continues to provide customers with high-performance managed services

Receives commitment of $73.6 million in Debtor in Possession (“DIP”) financing to support ongoing operations and fund pre-packaged court-supervised process

AUSTIN, Texas, June 28, 2026 /PRNewswire/ — TPx (the “Company”), a nationwide managed services provider, today announced it has reached an amended and restated Restructuring Support Agreement with its existing sponsor and holders representing a significant majority of the Company’s outstanding funded debt, positioning the Company for its next phase of growth. The agreement strengthens TPx’s financial foundation by providing a commitment for recapitalization and elimination of significant debt that will allow TPx to continue to build upon positive EBITDA and free cash flow growth.

“This agreement with our lenders marks a substantial step forward for TPx,” said Shaun Andrews, Chief Executive Officer of TPx. “It gives us the flexibility to accelerate our strategy, increase investments that grow the business, and deliver exceptional managed services to our customers. We’re energized by the opportunities this creates and the path ahead.”

To implement the agreement, TPx and certain of its affiliates have filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. Throughout the process, TPx will continue to operate in the ordinary course, delivering reliable managed services and supporting our customers’ day-to-day operations without interruption.

In connection with this process, the Company has received new financing commitments, including DIP financing and exit financing from its existing lenders to provide the Company with sufficient liquidity to support the business throughout the Chapter 11 process and beyond. TPx aims to move through this process quickly and efficiently.

TPx has filed customary “First-Day Motions” with the Court to support a seamless transition into Chapter 11 without disruption and will continue operating as usual, meeting its obligations and maintaining strong relationships with vendors and technology partners to ensure the high-quality service customers expect.

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 & 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

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SOURCE TPx

Additional core ALLEX technologies to be released sequentiallyExpanding the Physical AI development ecosystem through high-fidelity Sim-to-Real validationBuilding an open Physical AI development ecosystem for researchers and robotics developers

SEOUL, South Korea, June 28, 2026 /PRNewswire/ — WIRobotics, a global robotics company (Co-CEOs: YounBaek Lee and Yong-Jae Kim), today announced the launch of its technology disclosure roadmap for building a Physical AI development ecosystem.

WIRobotics plans to gradually release the core technologies developed throughout its humanoid robot program to researchers and developers. As the first technology release, the company has unveiled the simulation model of its humanoid robot, ALLEX, together with the results of its Sim-to-Real (Simulation-to-Real) validation.

Across the global robotics industry, Physical AI—which enables robots to perceive, reason, and act in the physical world—is gaining attention as one of the next-generation core technologies. In particular, development approaches based on simulation environments that accurately reflect the characteristics of real robots are rapidly expanding in the humanoid robotics field.

In response to this trend, WIRobotics plans to go beyond robot development by building an open development ecosystem where external researchers and developers can actively participate. The goal is to provide an environment in which a wide range of algorithms and AI models can be researched and validated through simulation, even before physical robots become commercially available.

The newly released ALLEX simulation model focuses on minimizing the Sim-to-Real Gap between the simulation environment and the physical robot. In particular, the model precisely reproduces the characteristics of the real ALLEX, including its high backdrivability and force transparency. This demonstrates the robot’s highly differentiated Real-to-Sim characteristics, where the behavior of the physical robot closely matches that of the ideal simulation model. As a result, researchers and developers can conduct ALLEX-based robot control, learning, and synthetic data generation research without requiring access to physical hardware. The released model is available in MJCF format for MuJoCo, USD format for Isaac Sim, and URDF format for ROS.

This release marks the first step in WIRobotics’ Physical AI technology disclosure roadmap. The company plans to continue releasing additional core technologies developed throughout its humanoid robot program, further expanding the Physical AI development ecosystem.

Meanwhile, WIRobotics has also released a technical demonstration video through its official YouTube channel, showcasing the validation of consistency between the real robot and the simulation environment. The video provides a closer look at the technical implementation and the validation process.

Yong-Jae Kim, Co-CEO of WIRobotics, said:

   “In humanoid robot development, simulation models are a core infrastructure that serves as the foundation for learning, validation, and synthetic data generation. A simulation environment that effectively reflects the characteristics of the real robot enables developers to validate algorithms more quickly and increases the potential for successful deployment on physical hardware.”

He added:          

   “We plan to make the ALLEX research platform available later this year. By releasing the ALLEX simulation model, we hope more developers will begin ALLEX-based research even before the hardware becomes widely available. We will continue expanding a development ecosystem where research outcomes can ultimately be applied to real robots.”

About WIRobotics             

Founded in 2021 by former Samsung Electronics robotics engineers, WIRobotics is a robotics company developing wearable robots and humanoid robots.

Through its wearable robot WIM series, WIRobotics received CES Innovation Awards from 2024 through 2026, demonstrating its technological excellence. The company has expanded into global markets, including Europe, Japan, and China, providing a wide range of robotics solutions designed to enhance user mobility.

In 2025, WIRobotics unveiled its humanoid robot platform, ALLEX, and has continued expanding its research in the field of Physical AI. In 2026, the company was selected for the Physical AI Fellowship, a global program led by NVIDIA and Amazon Web Services (AWS), recognizing its technological competitiveness.

WIRobotics also successfully completed a Series B funding round of approximately KRW 95 billion in 2026, accelerating the development of next-generation robotics technologies and its global business expansion.

For more information, please visit the official WIRobotics website and YouTube channel.

YouTube:
https://www.youtube.com/watch?v=5fsfo_FZDS0

GitHub:
https://github.com/wirobotics-rih/allex_model

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SOURCE WIRobotics

BERLIN and LONDON and PARIS, June 29, 2026 /PRNewswire/ — Monport announces its Mid-Year Sale across Germany, the United Kingdom, and France, offering significant discounts on CO2 laser engravers and fiber laser engraving systems, along with exclusive free gifts and accessory savings for a limited time.

The promotion includes up to 50% off selected laser engraver systems and an additional 8% discount on accessories, supporting rising demand for precision manufacturing, customization, and small-scale production across Europe.

CO2 Laser Engravers Featured in the Mid-Year Sale

Monport’s CO2 laser engraver is designed for both entry-level users and professional production environments, covering compact desktop laser through advanced smart engraving platforms.

Monport Mega 70W CO2 Laser Engraver & Cutter – £1,499.99 (was £4,999.99)
High-performance 70W CO2 laser up to 600 mm/s engraving speed for deep cutting, batch production, and professional custom fabrication.Monport 40W Pro LightBurn-Ready CO2 Laser Engraver – £499.99 (was £859.99)
Compact entry-level CO2 laser engraver with CE approval and LightBurn compatibility.Reno Series CO2 Laser Engravers
The Reno lineup expands Monport’s CO2 offering with upgraded performance and smart vision options:Reno45 Pro – £999.99 (was £2,199.99)Reno65 – £1,199.99 (was £2,699.99)Reno65 Pro – £1,499.99 (was £2,999.99)Reno65 Pro Vision – £1,799.99 (was £3,599.99)

The Reno Series is designed for users requiring higher throughput, larger-format engraving, and optional vision-assisted precision for batch production and curved surface applications.

Fiber Laser Engraver Discounts Included

In addition, Monport is offering promotional pricing on fiber laser engravers for metal marking and industrial applications, including stainless steel, aluminum, and coated surfaces.

Monport GT 30W Split Fiber Laser Engraver – £1,799.99 (was £3,699.99)Monport GPro 30W MOPA Fiber Laser Engraver – £2,199.99 (was £4,999.99)Monport GA 20W Integrated Fiber Laser Machine – £1,299.99 (was £3,499.99)

The Mid-Year sale also includes exclusive free gifts with every laser machine purchase, along with bundled savings designed to reduce startup and expansion costs for workshops and small manufacturers.

All machines include warranty coverage, CE compliance, and regional support services across Europe.

Germany: https://www.monportlaser.de/

France: https://www.monportlaser.fr/

United Kingdom: https://www.monportlaser.uk/

Media Contact:
Email: support@monportlaser.uk 

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