Recognition for pioneering AI-data-governance work arrives as REcore drives Project NexusRE toward alpha and beta testing

SAN DIEGO, July 29, 2026 /PRNewswire/ — NorthstarMLS has been named the winner of the Inman Innovator Award for Most Innovative MLS, Association or Industry Organization, announced yesterday at Inman Connect in San Diego. The recognition celebrates NorthstarMLS’s leadership on Project NexusRE™, the patent-pending infrastructure initiative built to give MLSs and brokers greater visibility, governance and control over listing data in the AI era.

REcore, the industry-owned technology company now leading the development and commercialization of Project NexusRE, congratulates NorthstarMLS on the honor — and sees it as validation of a bet the industry made together: that real estate should help shape its own AI future rather than have it shaped for them.

“Project NexusRE is proof of what’s possible when the industry builds the infrastructure it needs, on its own terms,” said Tim Dain, president and CEO of NorthstarMLS. “We are honored to have this work recognized alongside the efforts of these other key industry contributors and excited to see REcore transform it from idea to infrastructure.”

From vision to product: REcore takes the reins

Project NexusRE originated with NorthstarMLS and was shaped with AI strategy and development contributions from WAV Group’s Fluente AI team. With the vision set, REcore is now leading the work of turning it into a product the entire industry can adopt — carrying Project NexusRE from initiative to infrastructure.

Commercializing Project NexusRE through REcore allows it to be developed as industry infrastructure available to MLSs nationwide, rather than technology owned and operated by a single MLS. NorthstarMLS will continue to serve as an innovation partner while REcore leads product development, commercialization and deployment.

At its core, Project NexusRE acts as a governance layer between MLS listing data and the growing universe of applications, platforms and AI systems that rely on it — a way to see and manage how data is used after it leaves the MLS, with clear permissions, consistent rules and broker protections carried forward.

“Real estate already has trusted data. What the industry needs now is a consistent way to understand and govern how that data is used as AI systems become more common,” said Art Carter, CEO of REcore. “NorthstarMLS proved the vision. REcore’s job is to build it into something every MLS and broker can put to work — and this recognition tells us the industry is ready for it.”

New leadership, and the road to testing

To carry the project forward, REcore has named Jeff Fullbright as Chief Information and Strategy Officer, leading Project NexusRE’s development. Fullbright joins REcore after more than two decades building technology, and brings deep experience at the intersection of modern architecture, scalable systems and AI-driven development — precisely the foundation Project NexusRE is built on.

“What drew me to REcore is the chance to build, innovate and help shape what’s next,” said Fullbright. “Project NexusRE sits exactly where I want to be working — at the intersection of modern architecture, scalable systems and AI. My focus now is turning a strong vision into infrastructure the whole industry can rely on, and moving it responsibly into testing.”

Under that leadership, Project NexusRE is now moving into alpha and beta testing, with early partners helping to validate use cases, governance models and deployment ahead of a broader rollout. MLSs, associations, brokers and industry partners interested in participating in early testing conversations are encouraged to reach out.

“The AI era is already here,” Carter added. “The question was never whether real estate would use AI — it’s whether the industry would help shape the infrastructure behind it. Moving into testing is how that answer becomes real.”

About Project NexusRE™

Project NexusRE™ is a patent-pending infrastructure initiative designed to help MLSs and brokers bring more visibility, governance and control to listing data in the AI era. It creates a governed environment between MLS data and the applications, platforms and AI systems that interact with it — supporting local rules, broker permissions and responsible innovation. Project NexusRE originated with NorthstarMLS and is being developed and commercialized by REcore.

About REcore

REcore is a leading provider of MLS SaaS and data licensing solutions, offering customizable technologies built specifically for MLSs and Associations. Their products—developed in collaboration with MLS leaders—include REcore (a powerful SSO dashboard), DataCore (a next-gen MLS data management platform), and robust data licensing tools. Built by seasoned MLS professionals, REcore’s solutions simplify workflows, improve data security, and give MLSs more ownership and control over their technology ecosystem.

About NorthstarMLS

NorthstarMLS provides multiple listing services, technology solutions and market insights to real estate professionals across the Upper Midwest, including a majority of Minnesota and parts of Western Wisconsin and North Dakota. In 2025, the organization provided real estate professionals access to more than 97,000 listings, facilitating over 75,000 real estate transactions and contributing nearly $30.4 billion to the regional economy. NorthstarMLS is committed to innovation, data accuracy and delivering tools that help brokers and agents succeed in a competitive real estate marketplace. For more information, visit www.northstarmls.com.

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SOURCE REcore

Initial $150,000 Tranche Provides Near-Term Capital; Greg Godbout Appointed to Board as Company Advances AI, Energy, and Resilience Strategy

HOUSTON, July 29, 2026 /PRNewswire/ — Global Clean Energy, Inc. (OTCID: GCEI), a leader in sustainable energy and innovation, today announced that it has entered into an equity facility with a family office designed to support the Company’s strategic growth initiatives.

Under the terms of the facility, the family office has committed capital structured around up to 1 million dollars convertible into shares and associated warrants, with an initial already funded tranche of $150,000 priced at $0.05 per share. The first tranche also includes 30-month warrants exercisable at $0.25 per share and a put feature at $0.50, providing GCEI with near-term capital flexibility as it continues to expand its operating platform.

The Company believes this financing strengthens its ability to advance priority initiatives across its clean energy, AI, and infrastructure resilience divisions. The equity facility is intended to support execution, provide additional financial flexibility, and help position GCEI to pursue both operational growth and strategic opportunities as they arise.

In connection with this update, Global Clean Energy also announced the resignation of Gerald Enloe from its Board of Directors. The Company thanks Mr. Enloe for his years of service and contribution to GCEI’s development.

Global Clean Energy is also pleased to announce the appointment of Greg Godbout to the Board of Directors. Mr. Godbout has played a central role in shaping the Company’s AI sales and pipeline strategy and broader innovation roadmap, including the buildout of initiatives connected to Flamelit and the Company’s AI for Humanity mission.

“This equity facility provides Global Clean Energy with the flexibility to accelerate execution as we scale across clean energy, applied AI, and resilience,” said CEO Dr. Earl Azimov. “Greg Godbout’s appointment to the Board reflects the growing impact of his government sales initiatives, including the expansion of a robust contract pipeline and successful engagement with public sector partners. His leadership continues to drive revenue visibility, strategic alignment, and disciplined execution as we advance the company’s next phase of growth. We also extend our sincere gratitude to Gerald Enloe for his years of service and valued contributions.”

The Company continues to focus on creating an integrated platform that combines sustainable infrastructure, applied intelligence, and real-world resilience solutions. Management believes this financing and board evolution represent important steps in supporting that long-term direction.

About Global Clean Energy, Inc. (GCEI)
Global Clean Energy, Inc. (OTCID: GCEI) drives the transition to sustainable infrastructure through innovative AI, energy solutions, and resilience technologies. The Company is building a diversified platform designed to serve the growing need for smarter energy decisions, infrastructure reliability, and applied intelligence across commercial and public-sector markets.

Forward-Looking Statements
Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate, and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

https://globalcleanenergy.net
https://www.flamelit.tech
https://www.talent-source.app/

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SOURCE Global Clean Energy Inc.

Q2CY26 EBIT Margin at 13.6%, Increase of 68 bps QoQ 

MUMBAI, India, July 29, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, today announced financial results for the second quarter of calendar year 2026 ended Jun 30, 2026.

Financial Summary and Highlights

Revenue:

Q2CY26: USD 405.4 Mn | INR 38,452 MnUSD: +4.4% QoQ and +6.1% YoY | INR: +6.4% QoQ and +17.9% YoYConstant Currency: +4.4% QoQ and +6.3% YoY

Profitability:

EBIT (1):Q2CY26: 13.6% | +68 bps QoQ and (102 bps) YoY in % terms+9.8% QoQ and (1.3%) YoY in absolute termsBasic EPS: Q2CY26: INR 5.41 | (6.2%) QoQ and (13.4%) YoY

Key Client Metrics

Added one customer in the USD 20Mn+ category (LTM basis), increasing the total to 16 (from 15 in the previous quarter)Top 10 customer revenue concentration at 35.7% in Q2CY26 (LTM basis)

Key People Metrics

Closing Headcount: 34,506, QoQ net addition of 708 with 179 net addition in ITVoluntary Attrition for IT(2): 11.2%Q2CY26 Utilization Rate for IT(3): 84.8%

Other Key Metrics

DSO (Billed + Unbilled) at 78 in Q2CY26, of which Billed is 39LTM Q2CY26 Operating Cash Flow (OCF) to Reported Profit % at 124.7%Cash and Cash Equivalents Position as of Jun 30, 2026, is USD 175 Mn(4) (5)

Leadership Speak

“We delivered strong growth in what remained a challenging quarter for the industry. At the same time, our AI Labs are innovating at remarkable speed, launching one new offering every month. This innovation forms the foundation for sustained growth in the AI world.”

R. Srikrishna, CEO

“This was our first quarter with the ERP go-live which marks a major milestone in our transformation journey. We delivered industry-leading revenue growth coupled with margin expansion and solid cash conversion. This demonstrates the strength of our business and our team’s disciplined execution.”

Vikash Jain, CFO

Notes: (1) EBIT in USD terms, QoQ and YoY growth is calculated against adjusted EBIT. (2) Voluntary attrition rate for the IT service line is calculated as the total number of IT business professionals and support function professionals who left the company voluntarily during the period, divided by the average number of IT business professionals and support function professionals during the period, computed on a trailing twelve-month basis. (3) Utilization rate for IT is calculated as the total hours IT business professionals spent on customer-billed assignments, divided by the total available base hours. IT business professionals designated as Mavericks (campus hires) are included in the utilization computation after the completion of an initial training period of up to four months. Starting Q2CY26, utilization excludes employees working on platforms. This has improved Q2 utilization by 80 bps. The comparative periods have not been restated for this change (4) This includes restricted cash balance and MF investments (5) Exchange rate used is 94.66.

Financial Performance

Revenue Performance by Vertical

Revenue Performance by Geography

Key Wins

Won a deal with a leading German biotechnology company to deliver AI for Business solutionsWon a Zero License engagement with a leading capital markets institutionSecured an AI-led middle-office transformation engagement with a leading American financial services companyWon a legacy modernization engagement with a leading UK music copyright organizationSecured an outsourcing and transformation deal with a leading London-based public universityWon a Digital ITO deal with one of the leading non-bank lenders in ANZSecured an outsourcing and transformation deal with a large fintech company in APACWon a CRM transformation program with a leading global clinical research company

About Hexaware

We are a global digital and technology services company with artificial intelligence (“AI”) at our core. We leverage technology to deliver innovative solutions that help our customers in their digital transformation journey and subsequent operations. We embed AI into every aspect of our solutions and have created a suite of platforms and tools that allow our customers to adapt, innovate, and optimize in this AI-first era. We serve a diverse range of customers, including 30+ Fortune 500 organizations. With a team of 34,506 employees in 30+ countries, our presence is spread across major countries, nationalities, languages, time zones, and regulatory zones. For more information, please visit https://hexaware.com/.

Forward-looking Statements

Certain statements in this press release concerning our future growth prospects, litigations are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results 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 fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on work visa ,immigration, our ability to manage our international operations, the effect of current and any future tariffs, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, technological disruptions and innovations such as Generative AI ,our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies’ products and platforms in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies, the outcome of pending litigation and unauthorized use of our intellectual property and general economic conditions affecting our industry. The Company may, from time to time, make additional written and oral forward statements. We do not undertake to update any forward statements that may be made from time to time by us or on our behalf unless required under the law.

Disclaimer

Use of Non-GAAP Financials

Hexaware has included certain non-GAAP financial measures in this Press release to supplement Hexaware’s consolidated financial statements presented on a GAAP basis. These non-GAAP financial measures may have limitations as analytical tools, and these measures should not be considered in isolation or as a substitute for analysis of Hexaware’s results as reported under GAAP. The non-GAAP financial information that we provide also may differ from the non-GAAP information provided by other companies. We compensate for the limitations on our use of these non-GAAP financial measures by relying primarily on our GAAP financial statements and using non-GAAP financial measures only supplementally. We believe that providing these non-GAAP financial measures in addition to the related GAAP measures provides investors with greater transparency. We further believe that providing this information better enables investors to understand Hexaware’s operating performance and financial condition.

Rounding Off

Certain amounts and percentage figures included in this Press Release have been subject to rounding adjustments. Accordingly, figures shown as totals in certain tables may not be an arithmetic aggregation of the figures preceding them.

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