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Government of Canada inks $134 million CDN deal with SAS for data and AI modernization

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26 departments will benefit from new seven-year agreement

OTTAWA, ON, Dec. 16, 2024 /PRNewswire/ — The Government of Canada has selected data and AI leader SAS as its primary analytical solution. The contractual arrangement allows 26 participating Government of Canada departments and agencies to use SAS® Viya® across its entire organization under a single, comprehensive agreement.

A streamlined data and AI strategy has massive potential for federal government agencies – Riad Gydien, SAS

The new Enterprise Licensing Agreement (ELA) with SAS will consolidate over 100 annual contracts into one and ease the burden on public servants across federal agencies with a unified data strategy.

“A streamlined data and AI strategy holds massive potential for federal government agencies,” said Riad Gydien, SAS Executive Vice President and Chief Sales Officer. “By harnessing the power of SAS Viya, agencies across the Government of Canada will make notable progress in aligning their digital strategies and initiatives with Canada’s bold Digital Ambition efforts while significantly streamlining software management and reducing spending.”

The Government of Canada’s Digital Ambition is an enterprise-wide plan for all things digital and helps prioritize digital initiatives and the delivery of government services.

Other primary benefits of this new agreement include:

Simplified management: IT teams will better streamline software management and compliance by consolidating licenses into one agreement, making it easier to track usage and renewals.Standardization: An ELA provides uniform access to the software across the entire organization, ensuring all employees have the tools they need without the complexity of managing multiple licenses.Modernization: Modernizing legacy SAS technology in use across the Government of Canada will enable a flexible computing infrastructure while reducing technical debt.Cost savings: Enterprise licensing often offers volume discounts, reducing the overall expense compared to purchasing individual licenses for each user or departmentEnhanced support and services: These include additional support, training and services that might not be available with individual licenses.

Governments can’t afford to rely on siloed and inconsistent historical data to serve and protect citizens. Learn more about how SAS is powering public sector analytics.

About SAS

SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers worldwide to transform data into intelligence. SAS gives you THE POWER TO KNOW®.

The Canadian subsidiary of SAS has been in operation since 1988. Headquartered in Toronto, SAS employs more than 200 people across the country. For more information, please visit www.sas.com/canada.

SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2024 SAS Institute Inc. All rights reserved.

Editorial Contact:
Alex Coop
Alex.coop@sas.com
705-306-9574
www.sas.com/news

Trent Smith
trent.smith@sas.com
1-919-531-4726

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SOURCE SAS

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TERAGO to Hold Investor Conference Call to Discuss Third Quarter 2026 Financial Results

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TORONTO, Nov. 2, 2026 /CNW/ — TERAGO Inc. (“TERAGO” or the “Company”) (TSX: TGO) (www.terago.ca), Canada’s 91% mmWave spectrum holder and a leading provider of Managed Fixed Wireless Internet, 5G Private Wireless Networks and SD-WAN secure solutions today announced that it will be hosting a conference call on Friday, November 13, 2026, at 10:00 a.m. ET to discuss its financial results for the third quarter of 2026. The complete financial results are expected to be released after market close on Thursday, November 12, 2026.

The Company’s results along with a presentation in connection with the conference call will be made available on the Company’s website at https://terago.ca/company/investor-relations/.

To access the conference call, please dial 888-506-0062 or 973-528-0011 and use conference ID 716685 if applicable. Please call the conference telephone number 15 minutes prior to the start time so that you are in the queue for an operator to assist in registering and patching you through.

A replay of the conference call will be available through Friday, November 27, 2026 and can be accessed by dialing 877-481-4010 or 919-882-2331 and using passcode 54732.

About TERAGO

TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable and redundant connectivity including private 5G wireless networks, fixed wireless access, fiber and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services. TERAGO serves Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999. For more information about TERAGO and its suite of wireless internet and SDWAN solutions, please visit www.terago.ca.

SOURCE TeraGo Inc.

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Chemours Launches Faizeon™ Two-Phase Liquid Cooling Solutions for AI Data Centers

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New Faizeon™ portfolio of two-phase direct-to-chip and immersion cooling fluids address rising AI heat loads with superior performance and reduced energy and water use 

WILMINGTON, Del., Nov. 2, 2026 /PRNewswire/ — The Chemours Company (“Chemours”) (NYSE: CC), today launched Faizeon™ two-phase liquid cooling solutions1, for artificial intelligence (AI), high-performance computing (HPC), and high-density data centers. The portfolio includes dielectric fluids engineered for both two-phase direct-to-chip and two-phase immersion cooling, giving data center operators and technology partners highly efficient options that can support evolving system architectures and remove heat from high-power processors and servers.

Faizeon™ fluids use phase change, in which the fluid absorbs heat and changes from liquid to vapor, to enable efficient, reliable heat removal as AI and HPC drive higher chip power and rack densities. In independent third-party testing, a two-phase direct-to-chip system using Faizeon™ 200 fluid maintained a Graphics Processing Unit (GPU) at up to 19 degrees Celsius lower than a single-phase, water-based fluid, while using a lower coolant flow rate.

“AI’s rapid growth is increasing the demands on data center infrastructure, and cooling is becoming a critical constraint,” said Denise Dignam, President and CEO at Chemours. “With our liquid cooling solutions, we are applying more than 90 years of thermal management expertise to help data centers manage higher heat loads while improving performance and dramatically reducing energy and water demand. Our Faizeon™ liquid cooling team is collaborating across the data center ecosystem, to bring together the expertise, testing, and support needed to confidently deploy two-phase liquid cooling at scale.”

Faizeon™ two-phase liquid cooling fluids for direct-to-chip and immersion cooling:

Faizeon™ 100 fluid – A low-pressure two-phase direct-to-chip fluid designed for system architectures where operating pressure, materials compatibility, and infrastructure considerations are central to deployment planning.Faizeon™ 110 fluid – A low-pressure two-phase direct-to-chip fluid with an intermediate boiling point and zero ozone depletion potential for advanced direct-to-chip cooling systems.Faizeon™ 200 fluid – A high-performance two-phase direct-to-chip fluid—and industry standard for medium pressure systems—offering performance and environmental balance, designed for advanced cooling architectures serving high-density AI and HPC processors.Faizeon™ 220 fluid – Chemours’ highest-performance two-phase direct-to-chip fluid, well suited for applications where rapid heat removal is critical, including high-density GPU environments, advanced AI clusters, and HPC deployments.Faizeon™ 500 fluid – A two-phase immersion cooling fluid, formerly Opteon™ 2P50 dielectric fluid, purpose-built for full-server immersion cooling with excellent dielectric properties, full-server heat capture, ultra-high-density AI deployment support, and waste heat recovery potential.

Benefits of Faizeon™ fluids:

Superior heat transfer: Through phase change Faizeon™ fluids absorb and remove high heat loads from processors and server components.Lower cooling-related energy demand: Systems designed for Faizeon™ fluids can reduce the energy required for data center cooling, improving facility efficiency.Minimal cooling-related water consumption: Faizeon™-enabled systems can nearly eliminate cooling-related water use, depending on system design and operating conditions.Fluid circularity: Faizeon™ fluids are engineered to support recovery, reprocessing, and reuse.

To support continued innovation and accelerated adoption of advanced liquid cooling technologies, Chemours has collaborated across the data center ecosystem to help advance the adoption of two-phase liquid cooling technologies. These efforts include engagements with the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL), NTT DATA, 2CRSi, DataVolt, Munters, Accelsius, and ZutaCore. Learn more at Faizeon.com.

About The Chemours Company

The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn.

Forward-Looking Statements 
This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words “believe,” “expect,” “will,” “anticipate,” “plan,” “estimate,” “target,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date such statements were made. These forward-looking statements may address, among other things, new product development, expected timeline for adoption of new technologies, obtaining required regulatory approvals, decreasing environmental footprint, plans to continue investment in research and development, all of which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours’ control. Matters outside our control, including general economic conditions, market adoption of technology, geopolitical conditions and global health events, regulatory changes, and changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, have affected or may affect our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains such as through strikes, labor disruptions or other events, adversely affect our business partners, significantly reduce the demand for our products, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Annual Report on Form 10-K for the year ended December 31, 2025 and our forthcoming Quarterly Report on Form 10-Q for the quarter ended September 30, 2026. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.  

CONTACTS:

INVESTORS
Brandon Ontjes
VP, Head of Strategy & Investor Relations
+1.302.773.3300 
investor@chemours.com 

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

1 ©2026 The Chemours Company. Chemours™, and the Chemours logo, are trademarks of The Chemours Company. Faizeon™ is a trademark of The Chemours Company FC, LLC.

 

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SOURCE The Chemours Company

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Sporttrade Granted CFTC Approval as Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO)

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Poised to transform quality of execution for brokers and their customers

PHILADELPHIA, Nov. 3, 2026 /PRNewswire/ — Sporttrade, a premier sports market technology platform, today announced that the U.S. Commodity Futures Trading Commission (CFTC) has officially granted the company registration as both a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO).

Unlike many recent registrations, Sporttrade’s designation as a DCM and DCO allows it to support intermediated activity through Futures Commission Merchants (FCM), as well as supporting direct access participants, Introducing Brokers (IBs), and Independent Software Vendors (ISV) on its exchange, and to clear for other DCMs via its DCO.

Under CFTC oversight, Sporttrade aims to deliver superior market structure, tight spreads, and real-time execution across sports event contracts, with a focus on improving quality of execution for brokers and their customers.  In preparation for launch, Sporttrade is actively onboarding brokers with national distribution such as Fliff, that will route order flow from their customers to the exchange pending regulatory approval.

As a CFTC-regulated DCM and DCO, Sporttrade is built from the ground up to support flow-providing intermediaries, sophisticated traders, and market makers. By bringing the technology and market structure of traditional financial exchanges to sports markets, Sporttrade provides its partners and participants with an execution environment engineered for scale and reliability.

“Receiving our DCM and DCO registrations from the CFTC is a true full circle moment for our company,” said Alexander Kane, Chief Executive Officer at Sporttrade. “We founded Sporttrade on the principle that sports markets deserve the same high-performance structure, tight pricing, and regulatory integrity as traditional financial markets. By operating as both the exchange and the clearing venue, we are empowering broker partners with superior market quality while giving sophisticated traders the liquidity, transparency, and service they demand. In addition to our exchange business, we’re pleased to have begun clearing discussions with several exchanges who have understood Sporttrade to be a market leader on exchange and clearing technology for the past five years.”

Key Highlights of Sporttrade’s Exchange & Clearing Infrastructure:

Broker-First Market Architecture: Engineered to seamlessly support flow providers with dedicated institutional support, dedicated order entry, market data, drop copy ports, and robust back-office tools.

Direct Clearing Capability: As a registered DCO, Sporttrade directly clears and settles transactions for self-clearing members and intermediaries, and leverages a more efficient withholding on member balances while maintaining full collateralization. 

Superior Quality of Execution: Powered by proprietary market structure, Sporttrade is poised to reduce broker costs by decreasing spreads on the type of products broker customers desire.

Sporttrade DCM plans to roll out its exchange and clearing capabilities in phases, starting with select flow and liquidity providers. 

Sporttrade is working with a pipeline of additional brokers and institutional partners to quickly expand its market presence in the coming months. To learn more about Sporttrade’s market infrastructure, broker integration and market making programs, or regulatory framework, visit www.sporttrade.com.

About Sporttrade

Sporttrade’s mission is to perpetually deliver superior quality of markets for institutional partners and sophisticated traders alike. As a market technology company, Sporttrade represents the relentless passion to apply cutting-edge sports market microstructure expertise in an effort to always put market participants first.

By uniting proven electronic market structure with sports markets, Sporttrade aims to offer tight spreads, deep liquidity, and cutting-edge market infrastructure to broker-intermediaries and sophisticated traders alike. Operating as a CFTC-regulated Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), Sporttrade is setting the institutional standard for the sports trading ecosystem.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sporttrade-granted-cftc-approval-as-designated-contract-market-dcm-and-derivatives-clearing-organization-dco-302926972.html

SOURCE Sporttrade Inc.

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