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N5X selects Vermiculus to power the first regulated energy derivatives clearinghouse in Brazil

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With VeriClear®, N5X will:

Establish Brazil’s first true energy derivatives central counterparty (CCP)Take full control of clearing operations and risk managementAccelerate time-to-market for new energy productsBuild a scalable foundation for regional growth

STOCKHOLM, July 7, 2026 /PRNewswire/ — Vermiculus, an independent and leading provider of market infrastructure technology for clearing, trading, and CSD operations, has been selected by N5X, the future Brazilian energy derivatives clearing house, to deliver its cloud-native VeriClear clearing system. The solution will support N5X in establishing a new clearing house and operating as a central counterparty (CCP).

This latest engagement further strengthens Vermiculus’ presence in Brazil and across South America, launching its fourth clearing, risk and settlement system in the region since 2022.

VeriClear provides N5X with a modern, scalable, and high-performance clearing and risk management platform, tailored to support the rapid growth and evolving requirements of the Brazilian energy market. Brazil is one of the world’s largest and most dynamic energy markets, with approximately 632 TWh of electricity consumed annually, making it the sixth-largest electricity consumer globally. As the market continues to evolve, this scale creates strong demand for modern, scalable, and secure clearing infrastructure.

“The partnership with Vermiculus represents an important step in building Brazil’s future energy clearinghouse. Our goal is to develop a modern, secure, and scalable market infrastructure capable of supporting the evolution of the Brazilian energy market and offering participants greater efficiency, transparency, and confidence. With VeriClear and Vermiculus’ global experience in clearing technology, we strengthen our ability to launch this new product, scale operations, and contribute to the development of a more robust energy market in Brazil,” said Guilherme Netto, Co-CEO of N5X

With Vermiculus as a partner, N5X will be enabled to rapidly grow the Brazilian energy market from an uncleared OTC environment to futures traded and cleared in a regulated clearing with central counterparty, allowing new product offerings and coping with unprecedented growth in terms of transaction load, products and participants. VeriClear enables N5X to bring new energy products to the market faster through full control of its clearing solution and drive innovation to meet the growing demand of supplies and producers to efficiently hedge their risk.

“We are proud to partner with N5X as it builds critical clearing infrastructure for Brazil’s energy market. VeriClear is designed for market infrastructures that need to be launched with confidence, scale quickly, and adapt as markets evolve. Together with our dedicated project model and deep clearing expertise, we will support N5X with the speed, continuity, and flexibility required for a successful launch and world-class support throughout the entire project,” says Taraneh Derayati, CEO of Vermiculus.

VeriClear is Vermiculus’ cloud-native clearing system for modern CCPs, combining high performance, advanced risk management, and flexible product configuration in a modular architecture. Built for mission-critical market infrastructures, it enables clearing houses to launch faster, adapt continuously, and scale securely as markets evolve.

About N5X

N5X is a comprehensive energy trading platform created with the goal of developing Brazil’s future energy clearing house. The company combines L4 Venture Builder’s expertise in Brazilian financial market infrastructure, associated with B3, with the international experience of Nodal Brazil, an EEX Group company, in developing secure, efficient, and liquid energy markets. For more information, visit: https://n5x.com.br

About Vermiculus

Vermiculus Financial Technology AB provides best-in-class trading, clearing, and CSD solutions to market participants around the world. Vermiculus’ solutions are the first to bring state-of-the-art advances in dynamic microservice architecture together with vast experience in clearing house, exchange, and CSD business requirements.

The company started its operation in 2020 and is founded by industry experts with the incentive to revolutionize the technology of exchanges, clearing houses, and CSDs. With its headquarters in Stockholm, Sweden, Vermiculus consists of hand-picked teams, trained to deliver mission-critical solutions.

For media inquiries, please contact:
Media Contact N5X
Gabriela Bonometti
+55 11 91066-5407
gabriela.bonometti@n5x.com.br

Media Contact Vermiculus
Amelie Hedenstierna, 
Marketing & Communications 
+46736222454 
Amelie.hedenstierna@vermiculus.se

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/vermiculusft/r/n5x-selects-vermiculus-to-power-the-first-regulated-energy-derivatives-clearinghouse-in-brazil,c4371863

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SOURCE VermiculusFT

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Microsoft announces quarterly earnings release date

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REDMOND, Wash., July 8, 2026 /PRNewswire/ — Microsoft Corp. will publish fiscal year 2026 fourth-quarter financial results after the close of the market on Wednesday, July 29, 2026, on the Microsoft Investor Relations website at https://www.microsoft.com/en-us/Investor/. A live webcast of the earnings conference call will be made available at 2:30 p.m. Pacific Time.

Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more. 

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SOURCE Microsoft Corp.

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NAPCO Announces Executive Leadership Transition

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AMITYVILLE, N.Y., July 8, 2026 /PRNewswire/ — NAPCO Security Technologies, Inc. (“NAPCO” or the “Company”) (NASDAQ: NSSC), one of the leading manufacturers of high-tech electronic security equipment, wireless communication services devices for intrusion and fire alarm systems and the related recurring service revenues as well as a provider of school safety solutions, today announced an executive leadership transition intended to position the Company for its next phase of growth and success. Mr. Richard Soloway, currently Chairman and Chief Executive Officer, will serve as Founder and Executive Chairman, and Mr. Kevin Buchel, currently President and Chief Operating Officer, will serve as Chief Executive Officer and President. The transition will be effective as of July 8, 2026. 

Mr. Soloway founded NAPCO more than 55 years ago and has led a talented and dedicated team to create one of the most successful and well-recognized security technology companies in the U.S. As Executive Chairman, Mr. Soloway will continue to provide leadership by focusing on strategic initiatives and long-term business plans, driving new product innovation, maintaining key security industry relationships, and providing guidance and advice to management members on critical issues affecting the Company. Mr. Soloway will also continue his position as Chairman of Board of Directors of NAPCO. 

“It has been a tremendous privilege to serve as Chief Executive Officer of NAPCO, and I am very proud and gratified by the many achievements and milestones since founding the Company,” Mr. Soloway said, “In my new role as Executive Chairman, I am committed to bringing NAPCO to the next level of success. It is also with great confidence and pleasure that we turn the chief executive position over to Kevin, who has already demonstrated his leadership skills and business acumen since his appointment as NAPCO’s President and Chief Operating Officer two years ago, and I look forward to continuing to collaborate with Kevin in our new roles”

As Chief Executive Officer and President, Mr. Buchel will take on additional management responsibilities in all aspects of NAPCO’s day-to-day operations, including implementation of business strategies, execution of marketing and sales plans, communication with customers, suppliers and investors, and management of financial goals and objectives. Mr. Buchel has held various management positions at NAPCO for more than 25 years, and his intimate knowledge of and extensive experience with the Company makes him well suited to take the helm as Chief Executive Officer of NAPCO.

Mr. Buchel stated “I am very excited and honored for this opportunity to lead the NAPCO team as we embark on the next chapter of NAPCO’s success story. I look forward to executing our strategies, delivering innovative products, and implementing our differentiated business model to drive revenue growth and sustained profitability. I greatly appreciate Dick’s guidance and support over the years, and I am committed to continue working alongside him to lead our Company to the next phase of accomplishments.”

The Board of Directors of NAPCO believes that with the continuing leadership and guidance of Mr. Soloway as the Executive Chairman and Mr. Buchel as the Chief Executive Officer and President, NAPCO is well positioned to pursue and realize its strategic, business and financial objectives, and to create long-term value for its stockholders.

About NAPCO Security Technologies, Inc.

NAPCO Security Technologies, Inc., is one of the leading manufacturers of high-tech electronic security equipment, wireless communication services devices for intrusion and fire alarm systems and the related recurring service revenues as well as a provider of school safety solutions. The Company consists of NAPCO, plus three wholly owned subsidiaries: Alarm Lock, Continental Instruments, and Marks USA. Headquartered in Amityville, New York, its products are installed by tens of thousands of security professionals in commercial, industrial, institutional, residential and government applications. NAPCO products have earned a reputation for innovation, technical excellence and reliability, positioning the Company for growth in the multi-billion-dollar and rapidly expanding electronic security market. For additional information on NAPCO, please visit the Company’s web site at http://www.napcosecurity.com

Safe Harbor Statement

This press release contains forward-looking statements based on current expectations, estimates, forecasts and projections of future performance, as well as management’s judgment, beliefs, current trends and anticipated product performance. These forward-looking statements include, but are not limited to, statements relating to the executive leadership transition and the Company’s ability to increase revenue and profitability. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements because of certain factors, including those risk factors set forth in the Company’s filings with the Securities and Exchange Commission, such as our annual report on Form 10-K and quarterly reports on Form 10-Q. Other unknown or unpredictable factors, or underlying assumptions that subsequently proved to be incorrect, could cause actual results to differ materially from those in the forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and the Company undertakes no duty to update such information, except as required under applicable law.

Contact: 
Francis J. Okoniewski III
Vice President of Investor Relations 
NAPCO Security Technologies, Inc. 
800-645-9445 x 374 
Mobile: 516-404-3597 
fokoniewski@napcosecurity.com 

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SOURCE NAPCO Security Technologies, Inc.

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Ultra Clean Appoints Michael Keogh as Chief Financial Officer

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HAYWARD, Calif., July 8, 2026 /PRNewswire/ — Ultra Clean Holdings, Inc. (Nasdaq: UCTT) today announced the appointment of Michael Keogh as Chief Financial Officer, effective August 5, 2026. Mr. Keogh succeeds Sheri Savage and will report to Chief Executive Officer James Xiao.

Mr. Keogh brings more than 25 years of global financial and operational leadership experience spanning the semiconductor, advanced manufacturing, automotive, and technology industries. He has built a distinguished track record of leading business transformations, improving financial and operational performance, and partnering with executive teams to scale complex global organizations.

“Mike is a highly accomplished finance executive whose best-in-class experience extends well beyond traditional finance leadership,” said James Xiao, CEO. “His combination of strategic vision, capital markets expertise, and global manufacturing experience makes him an outstanding addition to our leadership team. As we continue executing our UCT 3.0 strategy and positioning the company for long-term growth, Mike’s leadership will help strengthen our execution, support disciplined capital allocation, and create long-term value for our shareholders.”

“I look forward to partnering with James and the leadership team to help drive the UCT 3.0 strategy and position the company for its next phase of growth as demand for advanced manufacturing capacity across the semiconductor equipment ecosystem continues to accelerate,” added Mike Keogh.

Most recently, Mr. Keogh served as Chief Financial Officer of Ford Model e and Integrated Services, where he was instrumental in shaping Ford’s EV strategy, supporting multi-billion-dollar joint ventures, and advancing capital allocation decisions during a period of significant business transformation. Previously, as Chief Financial Officer of Bright Machines, he led the company’s financial turnaround. Earlier in his career, he held senior finance leadership positions at Apple, Stanley Black & Decker, and Intel, supporting global manufacturing, research and development, enterprise strategy, and business expansion.

Mr. Keogh holds a Master of Business Administration from Cornell University and a Bachelor of Arts in Industrial Relations from the University of North Carolina at Chapel Hill.

About Ultra Clean Holdings, Inc.

Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services, primarily for the semiconductor industry. Under its Products division, UCT offers its customers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping, and high-precision manufacturing. Under its Services Division, UCT offers its customers tool chamber parts cleaning and coating, as well as micro-contamination analytical services. Ultra Clean is headquartered in Hayward, California. Additional information is available at www.uct.com.

Contact:

Rhonda Bennetto
SVP, Investor Relations
rbennetto@uct.com

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SOURCE Ultra Clean Holdings, Inc.

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