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RHEEM® FAMILY OF BRANDS FEATURES SMART, SUSTAINABLE SOLUTIONS AT THE 2024 NAHB INTERNATIONAL BUILDERS’ SHOW®

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Rheem®, Eemax®, Ruud® and WeatherKing® 
Showcase Innovative Products at Booth C2525

LAS VEGAS, Feb. 27, 2024 /PRNewswire/ — Harnessing the strength of more than 50 brands, Rheem®, manufacturing giant of water heating and HVACR products, will present a range of sustainable, connected comfort solutions with exceptional performance at the 2024 NAHB International Builders’ Show® (IBS) in Las Vegas from Tuesday, Feb. 27Thursday, Feb. 29.

Exhibiting in Booth C2525, Rheem, and its family of brands, including Rheem Heating & Cooling, Rheem Water Heating, Eemax®, Ruud® and WeatherKing® will showcase an array of reliable, environmentally friendly and efficient product choices tailored for a variety of residential applications.

Beyond the unveiling of innovative technologies, Rheem is eager to engage with attendees and share valuable industry insights on sustainability and energy efficiency. Homeowners are increasingly seeking smart, eco-friendly options, and visitors to the booth will learn how products within Rheem’s portfolio meet and exceed those expectations. Additionally, by participating in IBS, Rheem aims to inspire environmentally conscious choices among consumers, empowering them to make informed decisions about their home comfort systems.

Innovative products on display include:

Rheem® Heating & Cooling

Rheem® Endeavor™ Line Classic Plus® Series 80% Gas Furnace (R802V): Delivering reliable comfort and exceptional value, this Rheem unit saves homeowners money with energy efficient performance while also providing excellent durability for long-term peace of mind. Two-stage heating operation and variable speed motor technology ensure a steady stream of just-right heated airflow to maintain homeowner comfort while providing superior humidity control, and quieter sound levels. The unit features smart controls with the latest in sensor technology, an EcoNet® monitoring system and built-in Bluetooth® connectivity.

Rheem® Endeavor™ Line Classic Plus® Series Universal Heat Pump (RD17AZ): Providing a more versatile solution, Rheem’s Endeavor side-discharge universal heat pump creates consistent comfort season after season. Its super-efficient technology lowers energy bills, while its excellent durability helps keep the homeowner’s mind at ease. The RD17AZ heat pump is designed with acoustics in mind, featuring sound-dampening elements to ensure that as efficiency goes up, sound levels stay low. The EcoNet® Enabled heat pump system is part of Rheem’s Sound & Space Constraint series of solutions, which are products ideal for any installation including small spaces focused on reducing noise and increasing energy efficiency. The unit features an industry-leading warranty and built-in Bluetooth® connectivity so users can receive alerts delivered directly to their phone with the EcoNet®1 app capabilities. The ENERGY STAR® certified2 Rheem RD17AZ was selected as one of 2024’s most efficient heat pumps, even in cold climates, and works with nearly any HVAC system option or as a Universal Replacement with minimal alterations required3.

Rheem® Endeavor™ Line Classic Series iM Heat Pump (RP16AZ): Rheem RP16AZ heat pump provides a more versatile solution for consistent comfort, season after season, while reducing environmental impact. Super-efficient heat pump technology keeps utility bills low while maximum durability provides peace of mind, along with a 10-year warranty. The unit is 100% EcoNet® enabled meaning it operates with the easy-to-use EcoNet Smart Thermostat, which optimizes system performance and provides a new level of protection and precision comfort. Plus, users can control their thermostat from anywhere via the EcoNet app. 

Rheem® Water Heating

Rheem® ProTerra® Hybrid Electric Water Heater: One of the smartest and most efficient water heaters on the market, Rheem ProTerra Hybrid Electric Heat Pump Water Heater provides savings with federal tax credits up to $2,000 and local utility rebates. Boasting impressive efficiency, the ENERGY STAR® certified water heater lowers operating costs significantly, with up to a $491 reduction in annual energy bills. It outperforms most standard electric water heaters by delivering hot water faster and offers the widest ambient operation range in its class, 37-145 F. The unit also allows time-of-use scheduling and energy usage tracking through EcoNet® Wi-Fi technology system that connects directly to a mobile phone.

Rheem® RTGH Series Super High Efficiency Condensing Tankless Gas Water Heaters: Sustainability and efficiency are at the forefront of these tankless water heaters. The RTGH Series condensing units offer uncompromised performance while using up to 34% less energy respectively, than a standard residential 50-gallon tank water heater. New convenient features include built-in Rheem EcoNet® Wi-Fi (on select models) for real-time alerts, leak detection, access to energy and water usage reports and more. The new modern design of the RTGH Series is both smaller and lighter than previous models. With industry-leading side and front minimum clearance requirements, the Rheem units are ideal for safe and flexible installation in tight spaces, including closets. 

Rheem® Maximus™: Designed to give homeowners maximum efficiency and powerful performance, Maximus is an easy-to-install water heater that comes with MaxMode™ and smart features. MaxMode™ gives the water heater the boost it needs to keep up when demand is high, producing up to 15% more hot water, so even with houseguests, homeowners are covered. The water heater was created with a powerful, yet efficient burner that helps it outperform, so there’s no need to choose between sustainability goals and enjoying hot water. With integrated Wi-Fi and the EcoNet® app, homeowners can enjoy complete control, and adjust the water temperature or set Vacation / Away or MaxMode. Additionally, alerts help homeowners to know when the water heater needs service.

Eemax® 

Eemax® HomeAdvantage II™: An Eemax line of tankless electric water heaters, the HomeAdvantage II units deliver endless hot water to a whole house or for point-of-use applications. With a tankless water heater, homeowners can enjoy back-to-back showers where the last shower is just as warm as the first. With multiple install options, users can eliminate long pipe runs and wait time by installing a tankless water heater near a hot water fixture or installing in a central location to deliver hot water to fixtures around the home.

Ruud®

Ruud® Endeavor™ Line Achiever Plus® Series (R962V): Highly efficient and ENERGY STAR® certified, the Ruud Endeavor Line Achiever Plus Series is EcoNet® enabled and operates with the easy-to-use EcoNet Smart Thermostat. The thermostat optimizes system performance and provides a new level of protection and precision comfort with features such as sensor technology, control from anywhere in the world with the EcoNet app and alerts directly to a smart phone. The insulated cabinet and truly variable speed airflow technology allows for one of the quietest and coziest furnaces available.

WeatherKing® 

WeatherKing® Versus™ Line (WP14AZ): The WeatherKing Versus Line WP14AZ Heat Pump features efficient and quiet operation with reduced emissions, so homeowners can watch their utility bills go down while remaining content. Additionally, efficient home comfort shouldn’t be noisy and WP14AZ is designed with acoustics in mind and sound-dampening features to bring quiet comfort.

With a commitment to unveiling cutting-edge products, highlighting sustainability and engaging with builders, architects and designers, IBS provides Rheem and its family of brands the opportunity to showcase solutions for homeowners while also celebrating the spirit of innovation that defines the company.

For more information on Rheem products, please visit www.rheem.com.

About Rheem®

Founded in 1925, Rheem Manufacturing is a global leader committed to delivering innovative products that save energy and support a more sustainable future. Rheem is the only manufacturer in the world that produces heating, cooling, water heating, pool & spa heating and commercial refrigeration products, and is America’s #1 water-heating brand with products available in more than 80 countries. Paloma Co., Ltd. of Nagoya, Japan, acquired the iconic Rheem brand in 1988, and today the company’s portfolio of premium brands include Rheem®, Ruud®, Friedrich®, Raypak®, Sure Comfort®, WeatherKing®, Eemax®, Richmond®, IBC™, Intergas®, Splendid®, Solahart®, EverHot®, and MHG™, as well as commercial refrigeration brands Russell®, Witt®, ColdZone® and Kramer®, which are part of the Heat Transfer Products Group (HTPG®) division.   

1 Wi-Fi broadband internet connection required. Download the EcoNet® App from the App Store® or Google Play® to set up your EcoNet Smart Thermostat. Receipt of notifications depend on home Wi-Fi set up.
2 When installed as part of complete, qualifying AHRI-matched, Rheem EcoNet® Enabled system.
3 Coil only – with TXV, with minimum alterations.

View original content:https://www.prnewswire.com/news-releases/rheem-family-of-brands-features-smart-sustainable-solutions-at-the-2024-nahb-international-builders-show-302070685.html

SOURCE Rheem

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DEFSEC Ships New BLISS (“Battlespace Laser Identification Sensor System”) To U.S. Army Yuma Test Center

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OTTAWA, ON, April 29, 2026 /PRNewswire/ – DEFSEC Technologies Inc. (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCW) (“DEFSEC” or the “Company”) today confirmed that it has now shipped two new networked BLISSTM systems to the United States Army Yuma Test Center (US Army YTC) for test and evaluation.

The BLISSTM shipment today to the US Army YTC follows delivery of an earlier version, called BLDS (Battlefield Laser Detection System) to the U.S. Army last year for testing and trial activity.  BLISSTM is an enhanced, networked version of BLDS as the next step in the evolution of the Company’s technology roadmap for battlespace laser detection and intelligence.

The patent-pending BLISSTM system alerts operators to laser activity across the battlespace, providing critical early warning and valuable seconds to assess, evade, defend, and deploy countermeasures. Miniaturized BLISSTM sensors can be mounted on vehicles and fixed infrastructure, or worn on personnel, to affordably blanket a battlespace with sensors for enhanced survivability and situational awareness and battlespace intelligence in contested environments.  It transforms laser warning into shared, actionable battlespace information.

Beyond real-time detection, BLISSTM incorporates enhanced laser pulse signature capture and analysis to help identify the source, intent, and affiliation of detected emissions.  By enabling users to distinguish among known signatures, the system supports faster, more informed tactical decisions.

“The BLISSTM system shipped today to Yuma for US Army testing represents a major step forward in tactical-edge force protection and actionable battlespace intelligence for commanders,” said Sean Homuth, President and CEO. “This capability will provide operators with critical time, better information, and a meaningful operational advantage against laser-enabled threats, including those seen in current Middle East conflicts.”

DEFSEC expects to brief domestic and foreign delegations on its BLISS product at Canada’s upcoming annual defence and security show, “CANSEC”, May 27 and 28, 2026, in Ottawa.

About DEFSEC

DEFSEC (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCSW) (FSE: 62UA) develops and commercializes breakthrough next-generation tactical systems for military and security forces. The company’s current portfolio of offerings includes digitization of tactical forces for real-time shared situational awareness and targeting information from any source (including drones) streamed directly to users’ smart devices and weapons. Other DEFSEC products include countermeasures against threats such as electronic detection, lasers and drones. These systems can operate stand-alone or integrate seamlessly with OEM products and battlefield management systems, and all come integrated with TAK. The company also has a new proprietary less-lethal product line branded PARA SHOTTM with applications across all segments of the non-lethal market, including law enforcement. The Company is headquartered in Ottawa, Canada.

For more information, please visit https://www.defsectec.com

Forward-Looking Statements

This news release contains “forward-looking statements” and “forward-looking information” within the meaning of Canadian and United States securities laws (collectively, “forward-looking statements”), which may be identified by the use of terms and phrases such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “have sight of”, “believe”, or “continue”, the description of “optimism”, ” momentum” or “interest”,  the negative of these terms and similar terminology, including references to assumptions, although not all forward-looking statements contain these terms and phrases. Forward-looking statements are provided for the purpose of assisting the reader in understanding us, our business, operations, prospects and risks at a point in time in the context of historical and possible future developments and therefore the reader is cautioned that such information may not be appropriate for other purposes. Such forward-looking statements are based on the current expectations of DEFSEC’s management and are based on assumptions and subject to risks and uncertainties that are documented in detail in the Company’s public filings. Forward-looking statements included in this include, but are not limited to: management’s belief of sufficiency of available financial resources to support forecasted activities in 2026 based on cash on hand, anticipated revenue streams and planned expenditures in the fiscal year, subject to execution of the Company’s operating plan and other risks and factors described  in its public filings; interest in DEFSEC LightningTM, BLISSTM or other products and services as well as timing of full implementation or commercial release thereof; the Company’s estimates of increases to annualized gross margin on a go-forward basis and extent thereof, if any; the stage of scaled production for the PARA SHOTTM technology into new training cartridges and timing of release thereof; and management’s belief that its extensive customer base of law enforcement agencies for ARWEN throughout North America is a ready market for its new products like PARA SHOTTM as well as DEFSEC LightningTM.

Although DEFSEC’s management believes that the assumptions underlying such forward-looking statements are reasonable, they may prove to be incorrect. The forward-looking statements discussed in this news release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting DEFSEC, including DEFSEC’s inability to execute on its current operating plan and/or fiscal 2026 forecasted activities, DEFSEC’s inability to secure contracts and subcontracts (on the timelines, size and scale expected or at all), statements of work and orders for its products in fiscal 2026 and onwards for reasons beyond its control, the renewal or extension of agreements beyond their original term, the granting of patents applied for by DEFSEC, inability to finance the scale up to full commercial production levels for its physical products, inability to secure key partnership agreements to facilitate the outsourcing and logistics for its ARWEN® and PARA SHOTTM products, inability to commercialize DEFSEC’s Battlespace Laser Identification Sensor System (BLISS), inability to secure or complete the execution of government contracts, inability to drive growth in DEFSEC’s ARWEN® product line, inability to advance the commercialization of DEFSEC’s PARA SHOTTM products, delay or inability to launch DEFSEC’s Lightning SaaS offering, lower than expected or delayed demand for DEFSEC’s BLISS, overall interest in DEFSEC’s products being lower than anticipated or expected; general economic and stock market conditions; a stagnation or decrease in North American defense and public safety spending, adverse industry events; future legislative and regulatory developments in Canada, the United States and elsewhere; the inability of DEFSEC to implement and execute its business strategies; risks and uncertainties detailed from time to time in DEFSEC’s filings with the Canadian Security Administrators and the United States Securities and Exchange Commission, and many other factors beyond the control of DEFSEC. Although DEFSEC has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and DEFSEC undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its respective Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/defsec-ships-new-bliss-battlespace-laser-identification-sensor-system-to-us-army-yuma-test-center-302758001.html

SOURCE DEFSEC Technologies Inc

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SPX Cooling Tech Unveils the Marley® OlympusMAX™ Fluid Cooler

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Maximum Capacity. Trusted Performance.

OVERLAND PARK, Kan., April 29, 2026 /PRNewswire/ — SPX Cooling Tech, LLC announced the launch of the Marley® OlympusMAX™ Fluid Cooler, engineered to deliver unmatched performance, efficiency and design flexibility for mission-critical facilities. Designed to meet the evolving demands of data centers, industrial plants and high-density cooling applications, the OlympusMAX Fluid Cooler sets a new benchmark in dry and adiabatic cooling technology.

Built on a century of heat rejection expertise, the OlympusMAX Fluid Cooler brings a new level of performance in dry and adiabatic cooling.  It is available in both adiabatic and dry configurations. The bolt-on adiabatic module can be factory or field installed—or even installed after the equipment is operational in order to provide maximum flexibility in response to changing conditions and site demands.

As global data center density continues to expand, operators are increasingly seeking cooling solutions that balance performance, energy use, water use and operational flexibility. “OlympusMAX reflects our commitment to advancing cooling technology to support the evolving demands of mission-critical facilities,” said Dustan Atkinson, Director of Product Management for SPX Cooling Tech. “By offering scalable dry and adiabatic performance, engineered flexibility and streamlined installation, we’re helping facilities meet increasingly challenging demands while maintaining efficiency and long-term reliability.”

At the heart of the OlympusMAX adiabatic module is a patent-pending recirculating adiabatic design that significantly reduces blowdown, minimizing unnecessary water discharge while improving system efficiency. Unlike traditional once-through or spray systems, the unit’s recirculation technology delivers more uniform water flow across the pad – improving saturation efficiency, extending pad life and reducing mineral accumulation on critical components. The result is more predictable energy and water consumption – a critical advantage for performance-sensitive environments such as hyperscale data centers.

Engineered for uptime, the OlympusMAX features high-efficiency Marley Geareducer® gear drives, robust construction materials and integrated component redundancy, including mission-critical fan and VFD systems. With unit options ranging from 120 to 240 horsepower, the design maximizes cooling capacity per square foot, delivering industry-leading heat rejection density.

Installation and serviceability were key priorities in the system’s development. Each unit ships with a factory-assembled electrical access platform, single-point wiring connection, VFDs and PLC controls pre-installed, and full-size access doors with internal walkways. These features streamline installation while enabling safer operation and easier maintenance.

The launch underscores SPX Cooling Tech’s mission to provide flexible, high-efficiency heat rejection solutions across its full portfolio including dry coolers, adiabatic coolers, evaporative coolers, and cooling towers, ensuring customers have a single-supplier solution tailored to their operational strategy.

About SPX Cooling Tech, LLC
SPX Cooling Tech is a leading global manufacturer of cooling towers, fluid coolers, adiabatic and dry cooling systems, evaporative condensers, industrial evaporators and OEM aftermarket parts from brands that include Marley®, Recold® and SGS Refrigeration. Since 1922, our brands’ cooling systems, components and technical services have supported applications in heating, ventilation and air conditioning (HVAC), refrigeration, and industrial process cooling. SPX Cooling Tech and its product brands are part of SPX Technologies, Inc. For more information see www.spxcooling.com.

About SPX Corporation
SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets. Based in Charlotte, North Carolina, SPX Technologies has approximately 4,700 employees in 16 countries and is listed on the New York Stock Exchange under the ticker symbol “SPXC.” For more information, please visit www.spx.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/spx-cooling-tech-unveils-the-marley-olympusmax-fluid-cooler-302758020.html

SOURCE SPX Cooling Technologies

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AMTD’s TGE Reports Full Year Results with 27.7% Increase in Revenue, with 25.5% Increase in Total Assets and 9.1% Increase in Net Assets

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PARIS and LONDON and NEW YORK, April 29, 2026 /PRNewswire/ — The Generation Essentials Group (“TGE” or the “Company”) (NYSE: TGE, LSE; TGE), a NYSE and LSE dual-listed company and a subsidiary of AMTD Group Inc., today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission, with summary highlights below:

Total Revenue increased by 27.7% from US$77.0 million to US$98.3 millionTotal non-GAAP Net Income increased by 3.2% from US$44.7 million to US$46.2 million Total Assets amounted to US$1,464.1 million (US$30.2/share)Net asset value amounted to US$839.1 million (US$17.3/share)

The annual report is available on the Company’s investor relations website at  http://thegenerationalessentials.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to Investor Relations Office at ir@tge.media.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media

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SOURCE The Generation Essentials Group

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