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ImageSource, Inc. Reinvigorates Executive Team

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OLYMPIA, Wash., Sept. 26, 2024 /PRNewswire/ — ImageSource, the manufacturer of ILINX, the world’s most flexible process-improvement platform, today announced the retirement of one of its co-founders, outgoing Chief Financial Officer Victor Zvirzdys, after decades of visionary leadership. As the company bids farewell to a key figure, it welcomes Michael Hemphill as the new Chief Financial Officer (CFO) and Chief Legal Officer (CLO), marking a significant new phase in the company’s evolution.

Victor has been instrumental in building ImageSource from its inception, serving as a driving force behind its mission to streamline operations and deliver innovative solutions across diverse industries. Zvirzdys ensured ImageSource’s financial viability during the Dotcom bubble at the turn of the century and the 2008 global financial crisis. He guided the company through its transition from a systems integrator to the manufacturer of the world-class ILINX software platform.

“Victor’s legacy is one of dedication and leadership,” said Terry Sutherland, Co-founder and CEO of ImageSource. “His stewardship has been fundamental to our company’s success, and his influence will continue transitionally as our Emeritus CFO. We are deeply grateful for his contributions, which have not only shaped ImageSource but also significantly impacted the industries we serve.”

Alongside Zvirzdys’ retirement, ImageSource is pleased to announce the addition of Michael Hemphill to its executive team as CFO and CLO. Hemphill brings over 25 years of experience in financial management and corporate law. His more than 10 years of experience serving as ImageSource’s outside legal counsel have prepared him to serve as a key player in the company’s continued growth and operational excellence.

“Michael’s extensive expertise in both finance and legal strategy will be invaluable as we expand our operations and drive revenue growth,” said Terry Sutherland. “His leadership will be crucial in ensuring that ImageSource remains at the forefront of innovation and strengthens our collaborative relationships with customer-partners.”

About ImageSource 
ImageSource, Inc. makes process innovation easy with advanced solutions built on ILINX®, the world’s most flexible process-improvement platform, delivered by a team of experts committed to customer-partner success. Leveraging proven technology and deep implementation expertise, ImageSource empowers leading enterprises and government organizations to reduce risk, modernize operations, unlock revenue, and transform the customer experience. For more information, visit www.imagesourceinc.com, or call (360) 943-9273.

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SOURCE Imagesource, Inc

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iPost and ZeroBounce Partner to Deliver Cleaner Data and Stronger Email Performance for Regulated Industries

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iPost, the leading email sending platform built to solve real challenges in highly regulated and other data and content sensitive industries, including gaming, legal services, and scholarly/STM (science, technology, medical) publishing, today announced a new strategic partnership with ZeroBounce, a leading email validation and deliverability company. The partnership brings native, real-time email list verification directly into the iPost platform, helping enterprise marketers protect sender reputation, reduce bounce rates, and maximize inbox placement.

SAN MATEO, Calif., July 20, 2026 /PRNewswire-PRWeb/ — iPost, the leading email sending platform built to solve real challenges in highly regulated and other data and content sensitive industries, including gaming, legal services, and scholarly/STM (science, technology, medical) publishing, today announced a new strategic partnership with ZeroBounce, a leading email validation and deliverability company. The partnership brings native, real-time email list verification directly into the iPost platform, helping enterprise marketers protect sender reputation, reduce bounce rates, and maximize inbox placement.

“We’re thrilled to bring ZeroBounce’s validation technology into the iPost platform,” said Michael Nelson, VP of Partnerships at iPost. …This is exactly the kind of partnership that helps our clients grow with confidence.”

For iPost’s clients in highly regulated and compliance-driven industries, data quality is more than a best practice; it’s a business requirement. Through this partnership, iPost customers can now validate email addresses at the point of collection and on an ongoing basis, ensuring that campaigns reach real, engaged recipients while minimizing the risk of hard bounces, spam traps, and deliverability penalties that can damage sender reputation.

The integration reflects both companies’ shared commitment to helping marketers do more with cleaner, more reliable data. By combining iPost’s advanced segmentation, personalization, and deliverability infrastructure with ZeroBounce’s industry-leading email validation technology, joint customers gain a more complete, end-to-end solution for email program health.

“We’re thrilled to bring ZeroBounce’s validation technology into the iPost platform,” said Michael Nelson, VP of Partnerships at iPost. Our clients operate in industries where trust, compliance, and precision aren’t optional; they’re everything. Partnering with ZeroBounce lets us give our customers an even stronger foundation for their email programs, so every campaign they send reaches a real inbox and reflects the quality our brand is known for. This is exactly the kind of partnership that helps our clients grow with confidence.”

The integration is available today to iPost customers and forms part of iPost’s broader 2026 product roadmap, which includes continued investment in AI-powered content optimization, personalization, and deliverability.

To celebrate the launch of the integration, iPost and ZeroBounce are offering exclusive incentives for joint customers. ZeroBounce is offering 15% off Email Validation credits and ZeroBounce One subscriptions using promo code IPOST15, valid for 30 days beginning July 9. iPost is also offering a matching 15% discount on implementation and professional services through August 31. Together, these offers make it easier for organizations to deploy the integrated solution, improve data quality and deliverability, and maximize the performance of their email marketing programs.

To mark the partnership, iPost and ZeroBounce co-hosted a live webinar that went beyond recycled best practices to explore what actually drives email performance. The session was led by Andrew Kordek, CMO and Strategist at iPost, and Anne-Marie Prince, Email Marketing Manager at ZeroBounce, who drew on decades of combined industry experience to revisit common assumptions, share real-world lessons, and offer practical strategies marketers can apply to their own programs right away. Topics included why first impressions matter more than marketers think, why deliverability ultimately falls on the sender, and why strong fundamentals still beat shiny new tactics. The full webinar is now available on demand here.

About iPost

iPost is a leading email-sending platform purpose-built to solve real challenges in highly regulated data and content-sensitive industries, including gaming, legal services, and scholarly/STM (science, technology, medical) publishing. With its flexible architecture, native data integrations, and unmatched customer support, iPost helps users create personalized, compliant, and impactful campaigns that drive measurable growth.

About ZeroBounce

ZeroBounce is an email validation and deliverability company that helps businesses improve email marketing performance by ensuring cleaner, more accurate mailing lists. Its tools help reduce bounce rates, protect sender reputation, and improve inbox placement for marketers across industries.

Media Contact

Marco Marini, iPost.com, 1 650-743-2660 press@ipost.com, marco@ipost.com, www.ipost.com

View original content:https://www.prweb.com/releases/ipost-and-zerobounce-partner-to-deliver-cleaner-data-and-stronger-email-performance-for-regulated-industries-302828263.html

SOURCE iPost.com

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Hut 8 Fully Commercializes 1 GW Beacon Point AI Data Center Campus with Second 352 MW IT Lease, Bringing Campus-Level Base-Term Contract Value to $19.6 Billion

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15-year, 352 MW IT lease doubles the existing high-investment-grade tenant’s contracted capacity to 704 MW

Total contracted IT capacity across Hut 8’s AI data center portfolio rises to 949 MW, supported by 1,330 MW of utility capacity, with aggregate base-term contract value of $26.6 billion and average annual NOI of more than $1.75 billion

100% of Hut 8’s contracted AI data center capacity is leased to or backstopped by investment-grade counterparties

Renewal options increase potential campus-level contract value to $50.2 billion

MIAMI, July 20, 2026 /PRNewswire/ — Hut 8 Corp. (Nasdaq, TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies, today announced the commercialization of the second phase of its one-gigawatt Beacon Point data center campus in Nueces County, Texas through a second 15-year, $9.8 billion lease (the “Agreement”) for 352 megawatts (MW) of IT capacity (the “Transaction”). The tenant, the high-investment-grade company that executed the Phase 1 lease, has doubled its contracted IT capacity at the campus to 704 MW. The Transaction fully commercializes the Beacon Point campus against its 1,000 MW of utility capacity, secured under an interconnection agreement with AEP Texas for electric delivery service.

Transaction Highlights

Lease Structure: Triple net (NNN) lease executed on substantially the same terms as the Phase 1 lease.Tenant Profile: High-investment-grade company; the Phase 1 tenant.Compute Architecture: Hut 8 to deliver a second 352 MW AI factory designed to NVIDIA’s DSX reference architecture for gigawatt-scale AI infrastructure supported by 500 MW of utility capacity.Base-Term Contract Value: $9.8 billion over a 15-year base lease term, inclusive of a 3.0% annual base rent escalator; base-term contract value for the full 1,000 MW campus rises to $19.6 billion.NOI Contribution: Expected cumulative NOI contribution of $9.8 billion over the base term, or an average of $655 million per year upon stabilization; average annual NOI for the full 1,000 MW campus rises to $1.31 billion.Upside Economics: Three 5-year renewal options per lease increase potential campus-level contract value to $50.2 billion if all options are exercised.Delivery Timeline: Initial Phase 2 data hall delivery expected in Q2 2028.

Full Commercialization Driven by Power-First Development Model

With the Transaction, Beacon Point becomes Hut 8’s first fully commercialized AI data center campus. The Company secured the site, contracted the campus in full with investment-grade cash flows, financed Phase 1 with investment-grade debt, and commenced construction. Together, these stages demonstrate structural features of the Company’s disciplined, power-first development model, from origination through delivery:

Power-first underwriting preserves optionality across end markets: Initially underwritten on a speed-to-power thesis to serve Hut 8’s affiliated customer, American Bitcoin Corp., Beacon Point is now fully contracted under two 15-year AI leases to a high-investment-grade counterparty.First-principles approach to design and partnership supports efficient commercialization: Hut 8 has designed the campus around its tenant’s evolving requirements throughout development, including a redesign of the first data hall for Phase 1 to NVIDIA’s DSX reference architecture, enabling 57% more IT capacity within the same land and utility footprint. With this second lease, the tenant doubled its contracted capacity on substantially the same terms.Partnership-driven execution model mitigates execution risk: The campus’s full 1,000 MW of utility capacity is secured under an interconnection agreement with AEP Texas for electric delivery service, and no incremental capacity is required to serve the Phase 2 lease. Hut 8 will implement the partnership-driven model first implemented at River Bend and Beacon Point Phase 1 to deliver the site. Site preparation is underway, and long-lead critical equipment has been procured. Initial energization remains on schedule for Q1 2027.

Asher Genoot, CEO of Hut 8, said, “The real test of our power-first approach is what our partners are willing to commit against it. Our tenant at Beacon Point chose to double its footprint at the site, the strongest validation an asset can receive. We took this greenfield site from first lease to full commercialization in just months. That speaks to the quality of the sites we originate, the credibility of our delivery, and the long-term orientation of our partnerships. The opportunity ahead of us is to apply the same model across our development pipeline.”

Contracted Portfolio Highlights

Contracted Capacity: Total contracted IT capacity across Hut 8’s AI data center portfolio of 949 MW, comprising 704 MW at Beacon Point and 245 MW at River Bend.Contract Value and NOI Contribution: Cumulative base-term contract value across Hut 8’s AI data center portfolio of $26.6 billion, with expected average annual NOI of more than $1.75 billion.Counterparty Credit: 100% of Hut 8’s AI data center portfolio is leased to or backstopped by investment-grade counterparties.

Stock Repurchase Program

On December 4, 2024, as part of its capital management strategy, the Company launched a $250.0 million stock repurchase program (the “Stock Repurchase Program”) with respect to its common stock, par value $0.01 per share (the “Common Stock”). Under the Stock Repurchase Program, the Company may repurchase up to 6,159,439 shares of Common Stock (representing 5.0% of the current issued and outstanding Common Stock) in the next twelve months. The Company expects that any repurchases will be made through the facilities of Nasdaq at prevailing market prices, in accordance with applicable securities laws.

Non-GAAP Financial Measures

This press release includes a non-GAAP financial measure, expected net operating income (NOI) contribution, which the Company defines as expected lease revenue for a particular lease less any non-reimbursable operating expenses attributable to the leased property. The Company’s management team uses expected NOI contribution to measure the expected operating performance of a particular lease. Operating income is the GAAP measure most directly comparable to expected NOI contribution. In evaluating expected NOI contribution, you should be aware that in the future the Company may incur non-reimbursable lease operating expenses that are not currently known. The Company’s presentation of expected NOI contribution should not be construed as an inference that its future results will be unaffected by unusual or non-recurring items. Expected NOI contribution has important limitations as an analytical tool and you should not consider expected NOI contribution in isolation or as a substitute for analysis of results as reported under GAAP. For example, expected NOI contribution excludes the impact of selling, general and administrative expenses and depreciation and amortization, which have real economic effect and could materially impact the Company’s consolidated financial results. Other companies, including Real Estate Investment Trusts, may calculate expected NOI contribution differently than the Company does and, accordingly, the Company’s expected NOI contribution may not be comparable to similar measures published by such companies. No reconciliation of expected NOI contribution is included in this press release because the Company is unable to quantify certain amounts that would be required to be included in operating income without unreasonable efforts as such quantification would imply a degree of precision that would be confusing or misleading to investors.

Additional Transaction Information and Upcoming Communications

Hut 8 has made available on its website an investor presentation with further details regarding the Transaction.

For important news and information regarding the Company, including investor presentations and timing of future investor conferences, visit the Investor Relations section of the Company’s website, hut8.com/investors, and its social media accounts, including on X and LinkedIn. The Company uses its website and social media accounts as primary channels for disclosing key information to its investors, some of which may contain material and previously non-public information.

About Hut 8

Hut 8 is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies such as AI, high-performance computing, and ASIC compute. The Company develops, commercializes, and operates industrial-scale energy and data center infrastructure through a power-first, innovation-driven approach. For more information, visit hut8.com.

Cautionary Note Regarding Forward-Looking Information

This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to  the terms, value, and expected benefits of the Transaction and the Agreement, including expected contract value, NOI contribution, and potential value from renewal options, the timing of development, construction, energization, and delivery of the Beacon Point campus, the expected capacity of the campus, the Company’s development pipeline, and the Company’s future business strategy, competitive strengths, expansion, and growth of the business and operations more generally, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “allow,” “believe,” “estimate,” “expect,” “predict,” “can, “might,” “potential,” “is designed to,” “likely,” or similar expressions.  

Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, risks relating to the construction of new data centers, including cost overruns, delays, supply chain issues, permitting or regulatory hurdles, unexpected technical challenges, and dependency on contractors; risks relating to the financing of new data centers, including the potential dilutive impact of equity issuances (if any), access to capital markets, timing and cost of financing, and market conditions such as increases in interest rates, declining equity valuations, volatility in credit markets, or tightening lending standards; risks impacting our ability to expand the power capacity at the River Bend campus, such as limitations of transmission and/or generation resources; failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at sec.gov and SEDAR+ profile at sedarplus.ca.

 

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SOURCE Hut 8 Corp.

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CGI strengthens enterprise AI leadership with Databricks Brickbuilder Specializations in Public Sector and Generative AI

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Specializations recognize CGI’s proven experience combining deep industry expertise with governed AI delivery to help clients accelerate adoption and achieve business outcomes

MONTRÉAL, July 20, 2026 /PRNewswire/ — CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, today announced it has achieved two Databricks Brickbuilder Specializations in Public Sector and Generative AI (GenAI). The specializations recognize CGI’s proven history of helping organizations modernize data foundations, operationalize AI and deliver measurable business outcomes, particularly in complex, highly regulated and mission-critical environments.

As organizations increasingly seek to move generative AI from experimentation to enterprise-scale deployment, success depends on trusted data, strong governance and the ability to integrate AI into core business operations. CGI combines deep industry and domain expertise with end-to-end consulting, systems integration and managed services to help clients apply AI where it delivers the greatest business impact. The Databricks Brickbuilder Specializations recognize CGI’s experience helping organizations make that transition responsibly and at scale.

CGI is already delivering these capabilities across industries using the Databricks platform. Examples of measurable client outcomes include:

For a large telecommunications company, CGI’s GenAI-powered LLMOps framework on Databricks—which has been designed to scale across 200+ models—accelerated AI model deployment by a factor of four, reduced manual quality assurance by approximately 80%, improved production accuracy by 10% and expanded evaluation coverage tenfold; andFor an energy and utilities provider managing large volumes of engineering documentation, CGI’s AI-powered Knowledge Assistants use Databricks’ AI Search and generative AI capabilities to transform unstructured documents into actionable intelligence, reducing document search time by 85% and enabling faster, insight-driven decision-making across complex projects.

“Achieving the Databricks Brickbuilder Public Sector and GenAI Specializations reflects CGI’s experience helping clients move beyond AI pilots to enterprise-scale deployment,” said Wes Carberry, Senior Vice-President, Business Unit Leader and Databricks Global Executive Sponsor at CGI. “The challenge clients face today isn’t proving that AI can work—it’s integrating it into core operations with trusted data, effective governance and measurable business outcomes. By combining deep industry knowledge with proven delivery, we help clients apply AI in ways that solve real business challenges and create lasting value.”

The Databricks Brickbuilder Specialization Program recognizes partners with validated customer outcomes, certified technical expertise and proven delivery accelerators. CGI’s Public Sector Specialization recognizes its experience helping government organizations modernize mission-critical environments while meeting demanding security and compliance requirements. The GenAI Specialization recognizes CGI’s ability to design, build and operationalize enterprise generative AI solutions—from governed data foundations through production deployment using capabilities such as retrieval-augmented generation, model fine-tuning and AI agents.

“The Databricks Brickbuilder GenAI Specialization recognizes CGI’s experience helping organizations modernize data environments and operationalize AI on the Databricks platform,” said Amit Singh, Global Head of Partner GTM, AI at Databricks. “From regulated public sector environments to enterprise generative AI initiatives, CGI brings the delivery approach, technical depth and industry knowledge organizations need to move forward with confidence.”

CGI’s Databricks capabilities build on its recently announced Gold tier partner status and previous Brickbuilder Specializations, reflecting the company’s continued investment in helping clients modernize data platforms, operationalize AI responsibly and accelerate business value through trusted, enterprise-scale delivery.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is CA$15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

About CGI’s alliances
CGI’s global alliance strategy features partnerships with more than 150 technology companies and supports its local relationship model complemented by a global delivery network. This approach enables CGI consultants and professionals to remain independent and agile in selecting solutions that best fit each client’s unique needs, including technology stack requirements and considerations such as digital and AI sovereignty. Learn more at cgi.com/alliances.

View original content:https://www.prnewswire.com/news-releases/cgi-strengthens-enterprise-ai-leadership-with-databricks-brickbuilder-specializations-in-public-sector-and-generative-ai-302828661.html

SOURCE CGI Inc.

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