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TPx Announces Agreement to Strengthen Financial Position and Accelerate Growth

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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

View original content:https://www.prnewswire.com/news-releases/tpx-announces-agreement-to-strengthen-financial-position-and-accelerate-growth-302812794.html

SOURCE TPx

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4DMedical Receives TGA Approval for CT:VQ™, Bringing Non-Contrast Ventilation-Perfusion Imaging to Australia

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Non-contrast, ventilation-perfusion imaging—from routine chest CT scans

MELBOURNE, Australia, June 29, 2026 /PRNewswire/ — 4DMedical Limited (ASX: 4DX), the global leader in advanced respiratory imaging, today announced that CT:VQ™ technology has Therapeutic Goods Administration (TGA) approval and is included on the Australian Register of Therapeutic Goods (ARTG)—enabling commercial deployment across Australia.

CT:VQ™ gives physicians access to ventilation and perfusion imaging and data derived directly from routine, non-contrast, chest CT scans. CT:VQ™ delivers regional functional lung information without the use of injected contrast agents, radiotracers, or dedicated nuclear medicine infrastructure.

“TGA approval marks an important milestone for respiratory diagnostics in our home market,” said Andreas Fouras, Founder, Managing Director and CEO of 4DMedical.

“As the first and only, non-contrast, CT-based ventilation-perfusion imaging solution, CT:VQ™ gives healthcare providers detailed, functional lung information using infrastructure already available throughout the healthcare system. Plus, Australia’s high CT scanner density makes an attractive market for broad implementation.”

Ventilation-perfusion imaging typically requires dedicated nuclear medicine equipment, radiotracers, and specialized operational workflows. But CT:VQ™ provides a software-based alternative that integrates off scans performed from existing CT imaging infrastructure—potentially expanding access to functional lung assessment across a broader range of healthcare settings.

CT:VQ™ approval comes as healthcare systems increasingly seek scalable and affordable technologies that expand diagnostic capabilities by leveraging existing imaging resources. Using standard CT infrastructure already available across Australia, CT:VQ™ can broaden access to functional lung imaging in metropolitan, regional, and rural settings. CT:VQ™ can be particularly valuable for both facilities that lack onsite nuclear medicine services, and for hospitals and imaging centres that do, by helping preserve nuclear medicine capacity for their other diagnostic and therapeutic services.

Since receiving FDA clearance in 2025, CT:VQ™ has been deployed at leading U.S. institutions including Stanford, Cleveland Clinic, UC San Diego Health, University of Chicago Medicine, University of Miami, and SimonMed, one of the largest private outpatient radiology networks in the United States.

About 4DMedical

4DMedical Limited (ASX:4DX) is a global medical technology company revolutionising respiratory care with advanced imaging and artificial intelligence. Its patented XV Technology® transforms standard scans into rich, functional insights that allow physicians to detect, diagnose, and monitor lung disease earlier and with greater precision.

4DMedical’s expanding software portfolio includes the FDA-cleared XV Lung Ventilation Analysis Software (XV LVAS®), CT LVAS™, and the ground-breaking CT:VQ™ solution designed to set new benchmarks in cardiothoracic imaging by combining ventilation and perfusion analysis.

Delivered seamlessly through a Software-as-a-Service (SaaS) model, 4DMedical’s solutions integrate into existing hospital infrastructure, enhancing physician productivity and enabling more personalised patient care. With the addition of advanced AI capabilities from its 2023 acquisition of Imbio and 2026 acquisition of contextflow, 4DMedical continues to push the boundaries of medical imaging to redefine how respiratory disease is understood and treated worldwide.

Frequently Asked Questions

What is CT:VQ™?

CT:VQ™ is a non-contrast ventilation-perfusion imaging solution that derives regional lung function information from routine chest CT scans.

How does CT:VQ™ differ from a traditional V/Q scan?

Unlike conventional nuclear medicine ventilation-perfusion imaging, CT:VQ™ does not require radiotracers, injected contrast agents, specialized cameras, or dedicated nuclear medicine infrastructure. It uses scans produced from existing CT imaging resources to generate functional lung information.

Does CT:VQ™ require contrast agents or radioactive materials?

No. CT:VQ™ is a non-contrast imaging solution that does not require injected contrast agents, inhaled radiotracers, or radioactive isotopes.

Why is TGA approval important?

TGA approval allows CT:VQ™ to be commercially deployed across Australia and supports wider access to functional lung imaging using existing CT infrastructure already available in healthcare facilities nationwide.

Where is CT:VQ™ approved and in use?

CT:VQ™ holds regulatory clearance in Australia, the United States, European Union, United Kingdom, Canada, and New Zealand. It has been deployed at leading U.S. health systems including Stanford, Cleveland Clinic, UC San Diego Health, University of Chicago Medicine, University of Miami, and SimonMed, one of the largest private outpatient radiology networks in the United States.

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EternityX and LI-NING 1990 Forge a New Chinese Narrative for High-End Golf

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HONG KONG, SHANGHAI and GUANGZHOU, China, June 29, 2026 /PRNewswire/ — EternityX, a leading global marketing technology company, today announced its strategic partnership with LI-NING 1990, the premium golf brand under the LI-NING Group, as its integrated marketing and communications partner for 2026.

The partnership reflects EternityX’s expertise in connecting brands with Chinese audiences through culturally nuanced, data-driven marketing strategies. It also reinforces the company’s position as a trusted partner for Chinese brands seeking to shape differentiated premium narratives in an increasingly competitive market.

Together, EternityX and LI-NING 1990 will integrate the brand’s professional sporting heritage with a contemporary premium lifestyle aesthetic, leveraging precision digital strategies to expand its reach beyond core golf communities and into China’s broader high-net-worth consumer segment. The collaboration aims to redefine the standards of premium sports marketing through a distinctive blend of performance, culture, and modern luxury.

Where Golf Meets Eastern Philosophy: Redefining Premium Consumer Resonance 
At the intersection of sport and culture, golf’s philosophy of adapting to terrain and conditions naturally aligns with Eastern values of harmony and balance. The game’s emphasis on discipline, etiquette, and integrity also reflects long-standing Chinese ideals of composure, respect, and self-mastery.

This partnership brings together the essence of golf, Eastern philosophy, and LI-NING 1990’s premium brand identity into a cohesive and compelling narrative. Beyond representing a modern interpretation of premium sporting lifestyle, the collaboration demonstrates EternityX’s ability to translate cultural insight into meaningful brand engagement.

Grounded in a deep understanding of China’s high-net-worth consumers — who increasingly value understated sophistication and authentic cultural expression — EternityX will help transform these insights into sustained brand equity growth through integrated digital excellence.

Driving Brand Equity Through Full-Portfolio Communication
Building upon LI-NING 1990’s annual product roadmap, EternityX will deliver comprehensive communication optimisation across the brand’s golf portfolio, including both the PRO Elite Series and CLUB Series.

Through differentiated storytelling and precise articulation of product value, the partnership seeks to convert short-term market momentum into long-term brand loyalty. Balancing technical performance with lifestyle appeal, the collaboration will strengthen LI-NING 1990’s resonance among consumers who value craftsmanship, innovation, and refined sporting culture.

Charlene Ree, Founder and CEO of EternityX, stated: “The LI-NING Group has established a strong reputation in professional sports through years of commitment to athletic excellence, innovation, and performance-driven development. As the Group’s dedicated golf brand, LI-NING 1990 is committed to this mission—pioneering new trends in China’s sports market through professional, technologically advanced products and fashion athletic designs.”

“Professionalism is only the starting point — true brand influence is ultimately defined by cultural relevance and emotional connection. Premium marketing is not about scale alone; it is about creating narratives that resonate deeply with products, people, and culture. EternityX will help LI-NING 1990 articulate a complete and compelling brand story, from philosophy to visual identity, while communicating the brand’s confidence and sophistication within today’s digital landscape.” added Charlene.

Deric Wong, Global Chief Commercial Officer of EternityX, pointed out: “EternityX has spent years building cross-border marketing capabilities supported by extensive audience insights and data assets across premium consumer segments. These capabilities allow us to identify evolving market opportunities and support brands in building long-term strategic value.”

“Whether helping international brands unlock growth opportunities in China or enabling Chinese brands to establish stronger cultural recognition and community affinity, we have developed proven pathways and mature expertise. By integrating the discipline of golf with the adaptability of Eastern strategic thinking, we aim to build a sustainable and differentiated brand growth engine for LI-NING 1990.” Deric added.

Richard Zou, General Manager of China at EternityX, added: “China’s premium consumer market is undergoing a significant transformation. Consumers today are no longer satisfied with imported luxury narratives alone — they increasingly seek brands that authentically reflect Eastern aesthetics, values, and cultural confidence.”

“Our partnership with LI-NING 1990 represents more than a convergence of digital marketing and brand storytelling; it is a meaningful step toward elevating Chinese brands on the global premium stage. Through full-funnel engagement strategies, we will help integrate the brand’s culture, design language, and product philosophy into consumers’ everyday lifestyles.

Our ambition extends beyond traditional marketing objectives. We aim to help LI-NING 1990 build a long-term emotional connection with consumers, where every interaction with the brand becomes part of a deeper cultural and lifestyle experience. “said Richard.

Building the Future of Chinese Premium Brand Influence
Looking ahead, EternityX will continue to support LI-NING 1990 with a strategic approach grounded in discipline, precision, and long-term brand building.

Together, both parties will deepen their engagement within premium lifestyle communities and social ecosystems, establishing a partnership designed to create enduring consumer value and lasting industry impact.

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About LI-NING 1990 
LI-NING 1990 is a premium golf brand originating from China that combines functional innovation with contemporary fashion design. The brand traces its roots to the LI-NING Golf Division, established in 2000. Following more than two decades of research and development, LI-NING 1990 was officially launched as an independent brand in 2021.
The brand logo draws inspiration from the “LI-NING Cross” pommel horse movement created by Mr. Li Ning and officially recognised by the International Gymnastics Federation. Reinterpreted through a modern design lens, the identity symbolises the three core golf techniques — the low cut, high cut, and putt — reflecting the brand’s professional sporting DNA.

About EternityX Marketing Technology
At EternityX, we equip brands and businesses to master the realm of Chinese audiences through the Power of Three—PilotX, NaviX, and MediaX. These cutting-edge, AI-powered solutions enable precision targeting, providing data-driven insights that allow companies to connect with profitable audiences in key markets and beyond.

With 12,000+ successful cross-border campaigns for more than 1,000 brands, EternityX helps brands unlock growth, deepen audience connections, and drive long-term success. Our expertise bridges the gap between East and West, ensuring that brands can thrive in a rapidly evolving digital landscape. Learn more about us https://www.eternityx.com

 

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SOURCE EternityX

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JCL Credit Leasing Strengthens Digital Innovation with AI Rudder’s AI Voice Agents, Advancing Malaysia’s Consumer Finance Industry

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Following a successful pilot phase, the commercial rollout introduces real-time AI Voice Agents for customer verification and debt collection across JCL’s extensive dealer network, supported by channel partner JurisTech.

KUALA LUMPUR, Malaysia, June 29, 2026 /PRNewswire/ — JCL Credit Leasing Sdn Bhd (JCL), a regulated consumer finance company in Malaysia, and AI Rudder, a conversational AI provider for the financial services industry, today announced a commercial agreement to deploy AI Voice Agents across JCL’s consumer finance operations in Malaysia.

The partnership deploys AI Rudder’s AI Voice Agent across two critical operational use cases: customer verification during the financing origination process and proactive debt collection. Powered by Voyager, AI Rudder’s proprietary large language model (LLM) specifically designed for the financial services industry, the solution is capable of handling complex, unstructured data and performing real-time reasoning with high accuracy and contextual understanding. By combining advanced conversational AI with industry-specific intelligence, the AI Voice Agent brings a new level of automation, efficiency, and operational scalability to JCL’s consumer finance operations.

The commercial rollout follows a highly successful pilot phase in which AI Rudder’s technology delivered proven, measurable results in managing customer interactions at scale, giving JCL the confidence to commit to a full commercial deployment.

As a growing consumer finance company offering personal financing and product financing through an extensive network of motorbike and electronics dealers, JCL processes a high volume of financing applications that require fast, accurate customer verification before approval. To address this, JCL deployed AI Rudder’s AI Voice Agents, powered by large language model (LLM) technology, which can understand nuanced conversational context, handle unstructured inputs from dealer-referred applicants, and execute real-time decisioning, significantly reducing verification turnaround times without compromising accuracy.

“We are thrilled to partner with JCL to bring production-ready, advanced AI to the Malaysian consumer finance market,” said Roshan Gill, Country Manager for Malaysia at AI Rudder. “In the coming decade, every financial institution will have an AI workforce operating alongside its human workforce. The leaders of tomorrow will be those that successfully blend human judgment with AI-driven execution. This deployment represents another step toward that future, where intelligent agents become a natural extension of how financial services are delivered.” Roshan added.

The growing adoption of AI Rudder’s technology among Malaysia’s leading financial institutions reflects a clear market trend: conversational AI is rapidly becoming a strategic capability rather than a future consideration. As AI continues to mature, financial institutions are moving beyond experimentation and deploying AI solutions in business-critical functions where measurable operational and customer experience outcomes can be achieved at scale.

The integration of AI Rudder’s AI Voice Agents into JCL’s operational ecosystem is supported by JurisTech, a leading Malaysian fintech company specializing in enterprise-class credit management and lending software. JurisTech’s robust platform infrastructure serves as the crucial link, enabling seamless data flow between the AI Voice Agents and JCL’s core systems.

“Digital innovation is a key part of JCL’s growth strategy as we continue to enhance the way we serve our customers and business partners. The successful pilot with AI Rudder demonstrated how AI can improve operational efficiency, accelerate customer verification, and support better engagement at scale.

As we expand our presence across Malaysia, adopting intelligent technologies such as AI Voice Agents enables us to build a more agile, customer-centric organisation while maintaining the high standards of service and compliance that our customers expect. This partnership with AI Rudder, together with JurisTech’s strong technology ecosystem, represents an important step in our ongoing digital transformation journey and our commitment to delivering smarter financial solutions for the future.” – Yutaka Tanimoto, Director of JCL Credit Leasing Sdn. Bhd.

The deployment marks a significant step in JCL’s broader push to modernize its operations as it continues to scale across Malaysia, while further solidifying AI Rudder’s presence in the Malaysian banking, financial services, and insurance (BFSI) market. Together, the partnership reflects a growing appetite among Malaysian consumer finance companies to adopt AI-driven automation in workflows where speed and accuracy directly affect business outcomes.

About AI Rudder

AI Rudder combines technology with the power of voice communication to build strong relationships between companies and their customers. By using AI-based automation to enhance customer experience, AI Rudder has helped over 100 companies improve the scale, speed, and quality of their customer interactions. Headquartered in Singapore, AI Rudder also has offices and operates in China, Indonesia, Malaysia, the Philippines, Mexico, and Brazil. For more information, visit www.airudder.com

About JCL Credit Leasing Sdn Bhd

JCL Credit Leasing Sdn. Bhd. (JCL) is a long-established Malaysian financial services company providing hire-purchase, credit sale, personal financing and Shariah-compliant credit solutions. Guided by a commitment to transparency, professionalism and customer-first service, JCL supports individuals and businesses in accessing essential capital to improve their livelihoods and pursue growth. With a focus on responsible financing, continuous learning and long-term value creation, JCL aims to foster economic participation and contribute positively to the communities it serves. Learn more at https://jcl.my/.

About JurisTech

JurisTech is a leading Malaysian fintech company specializing in enterprise-class software solutions for banks, financial institutions, and telecommunications companies. Their 360 AI Lending Technology covers digital onboarding, loan origination, credit decisioning, and debt collection, powering economies with fast, proven, and secure solutions. For more information, visit juristech.net.

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