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Fraction Expands to the United States with New Approach to Home Equity Lines of Credit

February 3, 2022 By Business Wire

Launching first in Washington State, the digital platform empowers homeowners with socially conscious financial solutions

VANCOUVER, British Columbia–(BUSINESS WIRE)–#fintech—Fraction, a socially-conscious alternative for accessing home equity in a fair way, announces today its availability in the United States. The company’s first launch in Washington State comes on the heels of its $228mm USD debt-equity funding announcement and Series A in 2021 and success in the Canadian market, with the new capital being used to fuel Fraction’s US expansion.

Many American homeowners lack savings and carry large amounts of debt due to recent pandemic-related unemployment, rising real estate prices, and stagnating wages. But there is an often overlooked opportunity available to US homeowners: their home equity. The US has $26.9 trillion dollars in home equity available with $670 billion of that located in Washington State alone.

The Seattle area has seen significant property growth over the last decade, and those seeking financial support can now turn to Fraction. Fraction’s HELOC product can help homeowners in Washington tap into their growing home value to find relief or even diversify their income.

“Fraction’s HELOC is the innovative and tech-forward loan option that American homeowners need to live and age well, giving them access to fairer alternatives for securing investment capital or solving the problem of being house rich but cash poor,” said Hayden James, CEO and Co-Founder of Fraction. “We’re excited to expand into the US and Washington is an ideal first state for our roll out given its adjacency to the Canadian market.”

Often homeowners seek ways to unlock equity in their homes for large expenditures or diversifying income – examples include funding home renovations, consolidating or paying off debt, launching a business, or purchasing a secondary residence. While in need of solutions, many homeowners aren’t interested in taking on more debt. Fraction allows them to access the built-up equity in their homes with optional monthly payments and an interest rate tied to their local market’s value.

Fraction’s loans feature 100% optional monthly payments and are a flexible way of tapping into your home’s equity. With a Fraction HELOC, borrowers can potentially cut their existing debt payments in half on average, achieved through eliminating their monthly mortgage payments.

Fraction is a first-of-its-kind platform that completely digitizes the entire mortgage application process with the development of a “human-in-the-loop” automated underwriting system that speeds up the application processing by up to 10x and offers a mortgage servicing dashboard where borrowers can self-serve and manage their optional-payments.

Fraction will launch in additional states by the end of 2022.

Learn more by visiting Fraction.com.

About Fraction

Founded in 2018, Fraction is a digital platform that provides socially conscious financial solutions. Fraction’s signature HELOC product empowers homeowners to access the value locked in their homes with optional monthly payments. They can use the cash for anything, from paying off credit-card debt to starting a business to buying a second home. When the term ends, the house sells, or the homeowner exits the loan, Fraction is paid based on the appreciated growth of the home. Fraction has raised over $300 million in funding from notable investors such as QED, Impression Ventures, Primetime Partners, Panache Ventures, and Global Founders Capital.

The company is headquartered in Vancouver, British Columbia, Canada, with offices in Berkeley, California and Toronto, Ontario. Learn more at www.fraction.com

Contacts

Media Contact:
Nicole Brunet

Media@fraction.com

Canada Construction Equipment Market Assessment & Forecasts 2021-2027: Economic Scenario, Advantages, Significant Projects and Investments, Dynamics, and Market Share – ResearchAndMarkets.com

February 2, 2022 By Business Wire

DUBLIN–(BUSINESS WIRE)–The “Canada Construction Equipment Market – Strategic Assessment & Forecast 2021-2027” report has been added to ResearchAndMarkets.com’s offering.

Canada Construction Equipment Market Size To Reach A Revenue Of USD 4.85 Billion and a Volume Of 39,484 Units By 2027, Growing at a Compound Annual Growth Rate (CAGR) Of 4.45% By Volume During 2021-2027

CANADA EQUIPMENT MARKET INSIGHTS

Canada’s construction equipment market was valued at USD 3.8 billion and is forecasted will reach USD 4.85 billion by 2027, growing at a CAGR of 4.45% during 2021-2027. Canada’s earthmoving equipment market is projected to witness robust growth during the forecasted period

According to the building & construction authority Canada, public sector projects will drive the demand for the construction equipment industry, which accounted for 64% of the total demand in 2021 due to the government’s affordable housing programs.

KEY HIGHLIGHTS IN THE REPORT

19 green infrastructure and water distribution projects received a joint funding investment of over USD 29 million by the federal and provincial governments.

Increased automated safety features added to recent cranes may provide market players with significant changes in the future in the Canadian construction machinery manufacturing industry.

CANADA CONSTRUCTION EQUIPMENT MARKET SEGMENTATION

Canada’s earthmoving equipment market is projected to witness robust growth through 2027 owing to the factors such as growth in the transportation sector. Also, deteriorating infrastructure in Canada with bridges with a length of at least 2 meters in Canada will be considered old.

Rapid urbanization drives the market of road roller. The increasing connectivity of roads between cities, towns, and locals has raised the demand for road rollers in the Canadian market.

VENDOR LANDSCAPE

The key players in Canada’s construction equipment market are Caterpillar, Komatsu, Hitachi Construction Machinery, Kobelco, Volvo Construction Equipment, Kubota Group, Sumitomo Heavy Industries, Liebherr, and SANY Group.

Caterpillar announced the acquisition of Weir’s Oil & Gas business, now SPM Oil & Gas, in 2020 to expand its global presence to serve its Oil & Gas customers.

WHY SHOULD YOU BUY THIS REPORT?

This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of:

  • Volume (Unit sales)
  • Type
  • Application
  • Value (USD)
  • Type
  • Application
  • Gain competitive intelligence about the economic scenario, advantages, significant projects and investments, dynamics, and market share.
  • Examples of the latest technologies.
  • Get presentation-ready format and easy-to-interpret data.
  • Enable decision-makers to make informed and profitable choices
  • Gain expert quantitative and qualitative analysis on value/volume growth projections of the Canada construction equipment market share
  • Complete supply chain analysis
  • Get COVID-19 impact analysis of the market
  • Company Profile of 9 key vendors and 4 other prominent vendors.

Market segmentation by Type

  • Earth Moving Equipment
  • Excavator
  • Backhoe Loader
  • Motor Grader
  • Other Earth Moving Equipment
  • Road Construction Equipment
  • Asphalt Paver
  • Road Roller
  • Material Handling Equipment
  • Crane
  • Forklift
  • Telescopic Handler
  • Aerial Platforms (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts, etc.)

Market segmentation by Application

  • Construction
  • Manufacturing
  • Mining
  • Others

Major Vendors

  • Caterpillar
  • Komatsu
  • Hitachi Construction Machinery
  • Kobelco
  • Volvo Construction Equipment
  • Kubota Group
  • Sumitomo Heavy Industries
  • Liebherr
  • SANY Group

Other Prominent Vendors:

  • Linamar
  • Tadano
  • Oshkosh access equipment (JLG)
  • Zoomlion Heavy Industry

Key Topics Covered:

Section 1 – Introduction

  • Market Snapshot
  • Executive Summary

Section 2 – The Market Overview

Economic Scenario, FDI, Advantage Canada, Key economic regions in Canada, Import/Export Trend Analysis, COVID-19 Impact, Supply Chain

Section 3 – Technological Developments

  • Advent of new Technology
  • Recent Development in Construction Equipment Market

Section 4 – Market Dynamics

  • Market Drivers, Restraints, Trends

Section 5 – Canada Construction Equipment (Type & Application)

Section 6 – Competitive Landscape

1. Competitive Landscape Overview

2. Major Vendors (Caterpillar, Komatsu, Hitachi Construction Machinery, Volvo Construction Equipment, SANY Group, Kobelco Construction Machinery, Kubota Corporation, Sumitomo Corporation, Liebherr)

3. Other Prominent vendors

Section 7 – Report Summary

  • Key Insights
  • Abbreviations
  • List of Exhibits

Section 8 – Report Scope & Definition

For more information about this report visit https://www.researchandmarkets.com/r/m5o0jx

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Westlake Royal Building Products™ DaVinci® Masterpiece Contractor 2021 Project of the Year Awards Announced

February 2, 2022 By Business Wire

HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products™, has announced the four outstanding winners of the 2021 DaVinci® Masterpiece Contractor Project of the Year Awards. Three residential projects and one commercial project from across the country have been chosen to receive the prestigious award. Qualifications for DaVinci Masterpiece Contractors to receive the award include excellence of installation work, outstanding visual impact, and ability of the roofing work to transform the look of a home or commercial project.

The top honors for residential projects are awarded to:

  • Absolute Construction out of Garland, Texas, for replacing the wind- and hail-damaged roof on the home of the Stokoe family with a DaVinci Single-Width Slate roof. The homeowners selected a Castle Gray Cool Roof to reflect the sun away from their Texas home and to help control energy costs.

    “Investing in a new roof is a big decision. From start to finish, Daniel Askari and his team from Absolute Construction were a delight to work with. They’re professional, courteous and responsive. You couldn’t ask for more from a roofing company.”

    Chris Stokoe – Homeowner

  • Action Roofing out of Santa Barbara, Calif., for reroofing the estate of radio show host Dr. Laura Schlessinger. Overlooking the Pacific Ocean, the previous roof was literally falling off; now the property has a DaVinci Multi-Width Slate roof in Castle Gray.

    “I like how organized, methodical and professional the crew from Action Roofing was related to my roofing project. No wasted time. The project got done quickly, with no mess ever.”

    Dr. Laura Schlessinger – Homeowner

  • Braswell Construction Group out of Greensboro, Ga., for reroofing the European-style home of Don and Shannon Harvey. The lakeside home was re-roofed as part of a home remodeling project, and now features a DaVinci Multi-Width Slate roof in Smokey Gray.

    “Chris Braswell and his team worked efficiently to get the job done. We understand our home’s design is not particularly easy for a roofer. However, this crew respected our property and has given us a DaVinci roof that we truly love.”

    Shannon O’Keefe-Harvey – Homeowner

The commercial project receiving top honors is:

  • Champion Roofing out of Oklahoma City, Okla., for installing DaVinci Single-Width Slate roofing in the European color on the Donald W. Reynolds Complex at Children’s Center Rehabilitation Hospital. In addition, the Pediatric Medical Rehabilitation Unit and the outpatient pharmacy also received new roofing.

    “The team at Champion Roofing is very responsive. They worked with our team on meeting the specific needs of our hospital. We’re open 24/7. It was imperative that we have a roofing company that was flexible and attentive to our specific needs. Champion Roofing met and exceeded all our expectations.”

    Albert Gray – President of the Board, Children’s Center

MEDIA NOTE: Professional images, videos and more details are available on each of the award-winning projects.

About Westlake Royal Building Products

Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. For more than 50 years, Westlake Royal Building Products has manufactured high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.

For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.

Contacts

Media Contact:
Wendy Bruch

wbruch@davinciroofscapes.com

Hyphen Solutions Acquires Chameleon Power

February 2, 2022 By Business Wire

The first mover in “upload your own photo” for visualizers, design center selections, option sales, home personalization, and recognized leader in color benchmarking

DALLAS–(BUSINESS WIRE)–#customhomebuilders—Hyphen Solutions announced that it has acquired all of the assets of Chameleon Power, which includes web visualizers, photo upload tools, 3D, VR, AR home renderings and visual product configurators. Hyphen Solutions has also acquired the host of color tools designed to give end-users accurate representations of exact colors regardless of the presentation platform, such as print, mobile or PC. These Home Builder visualization tools have been used by hundreds of companies within the residential construction industry. Verticals served by these residential construction tools include Suppliers, Contractors and Trades such as: painters, windows, doors, decking, brick, tile, home exteriors, design, railing, pavers, patio, kitchen design, roofers and wall panel design. This acquisition helps Hyphen Solutions better serve the entire supply chain to include Home Builders, Suppliers, Contractors, Remodelers, Manufacturers and Distributors.

Felix Vasquez, CEO of Hyphen Solutions, said, “We are constantly looking for winning software to combine with our platform to maximize the efficiencies between Builders and their Suppliers. With this acquisition, we can provide Builders with software that will let allow their customers’ homes to be completely personalized with the homeowners’ actual selections for lighting, plumbing, appliances, paint selections, roofing, exterior and almost every other selection you can imagine. Buyers can see the home they are actually buying and experience it as they have designed it. With our AR technology, they can even see the home on their lot and experience the home in its actual setting. All of the homeowners’ selections will integrate with Hyphen Solutions’ Builder Product Suite to include CRM, scheduling, warranty management and ERP solutions so that trade partners know exactly what to deliver down to the SKU and location.”

Go Where The Customer Is

Dan Dempsey, CEO of Chameleon Power, noted, “Our technology allows prospects to share their preferred choices of lots, plans, colors and designs with friends and family while providing the Builder with keen insights into buyer behaviors. Our tools shorten the time spent by homebuyers in the design center by as much as 75%, reduce buyer anxiety, while improving the overall customer journey for all parties.”

The full power of Hyphen Solutions’ newest acquisition of Home Building virtual design software can be seen in person by visiting Hyphen’s Booth W6771 or Chameleon Power’s Booth W6382 at the NAHB International Builders Show. Join the Hyphen team in Orlando from February 8-10 for a free demonstration of how Hyphen Solutions and Chameleon Power deliver a seamless customer journey for your clients while improving profitability and communication with trade partners.

Explore Chameleon Power online at www.chameleonpower.com or contact the Hyphen experts to answer your questions and schedule a personal demo.

About Hyphen Solutions

Twenty-one of the top 26 North American Home Builders trust Hyphen Solutions as a reliable software in the residential construction management industry. Hyphen’s software-as-a-service delivers greater operational control, better communication, lower costs and increased productivity for Home Builders, Contractors and Suppliers. Over 14,500 Supplier companies across the United States and Canada subscribe to Hyphen’s comprehensive Home Builder and Supply Chain solutions, making the company the leading cloud-based residential construction management software provider. The Hyphen Network serves 570 builder divisions. In 2020, the system helped manage nearly 300,000 new home construction projects. Visit www.hyphensolutions.com to learn more about the collaborative platform.

Contacts

Payton Bowen, Corporate Marketing Manager, Hyphen Solutions

972-728-8442 direct | 972-728-8100 main

VendorPM Secures Bessemer-led Funding to Build a Digital Marketplace for Vendors and Property Managers

February 2, 2022 By Business Wire

Canadian Proptech Startup Begins Aggressive Expansion Into the US Market

TORONTO–(BUSINESS WIRE)–VendorPM, a software-enabled marketplace that modernizes the way property managers manage, source and procure service vendors, announced its $6 million seed round, led by Bessemer Venture Partners as well as leading proptech and real estate investors. This investment will support VendorPM’s continued product innovation, hiring of exceptional talent, as well as expansion plans into targeted growth markets across the US.

Property managers in North America spend over $400 billion to service their buildings each year but still rely on old-school methods such as email, excel spreadsheets and word-of-mouth. This is highly inefficient for property managers and leaves head-office with limited visibility and control. The first to truly modernize the workflow, VendorPM’s SaaS tool bridges the gap via its centralized platform, allowing property management companies to streamline and organize vendor data and operations.

The company currently manages a two-sided marketplace across Canada in support of both property managers and service vendors. Thousands of property managers turn to VendorPM to organize all aspects of their vendor relationships and resources, while vendors use the platform to market their services and provide quotations and proposals. The platform supports 400+ building services across maintenance, operations, capital expenditures and professional services.

In less than 2 years, VendorPM has seen 20x revenue growth, and has rapidly scaled its business to cover more than 5,000 buildings, 30,000 vendors and 100 property management firms, including notable relationships with BentallGreenOak, Cushman & Wakefield | Stevenson, and Avison Young.

“For property managers, working with vendors is still highly manual and inefficient. VendorPM is on a mission to modernize vendor management, sourcing and procurement through a consolidated marketplace,” said Emiel Bril, CEO of VendorPM. “We are thrilled to be partnering with the team at Bessemer to expand from Canada into the US while continuing to build the best-in-class vendor technology for property management.”

“We’re excited to partner with VendorPM to help drive their continued expansion into important new markets ripe for this crucial technology, especially as the world begins to recalibrate post-pandemic,” said Mike Droesch, Partner at Bessemer Venture Partners. “We were impressed with the product that VendorPM is already delivering to their customers across Canada, and we look forward to further elevating them on their mission of empowering property managers and vendors to build better relationships through data and transparency.”

About VendorPM

VendorPM improves the way property management companies work with service vendors. We do this by improving day-to-day efficiency for site staff while enhancing visibility and control for head office across 4 core functions: vendor management, sourcing, procurement and compliance. In less than 2 years, VendorPM supports over 5,000 buildings and 30,000 vendors and is rapidly expanding into new markets across Canada and the USA.

About Bessemer Venture Partners

BVP helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 135 IPOs and 200 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio includes Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr and Toast and has $9 billion of capital under management. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio).

Contacts

Media:

Jason Kerkhof

Marketing Manager

jkerkhof@vendorpm.com
647-627-9771

Nichiha Expands its Concrete Series Architectural Wall Panels with Corbosa

February 2, 2022 By Business Wire

The Company Enhances its Line of Products with a new Industrial Design

JOHNS CREEK, Ga.–(BUSINESS WIRE)–Nichiha USA, a leading provider of innovative building material solutions, announced the debut of Corbosa—the newest addition to its Concrete Series line of fiber cement cladding products.


Taking the Look of Concrete to Unexpected Places

Inspired by the iconic architect Le Corbusier, Corbosa takes cues from his modern concrete designs. Available in two bold colors—Moondust and Shadow—Corbosa mimics the industrial look of wet concrete without the mess or expenses associated with traditional masonry. Corbosa comes in a 6-foot panel for horizontal applications and will be available to order in April.

The industrial architecture style employs a minimalist approach with clean lines, polished surfaces and the use of industrial materials such as concrete. Recently, concrete has seen a boost in popularity in the architectural community, especially in urban areas. Architects use concrete in everything from commercial projects, to multifamily housing or even as accents on modern single-family homes. Corbosa gives architects the concrete look they’re after in an easy-to-install and maintain panel.

“With the addition of Corbosa to our Concrete Series, customers now have even more options to get the modern, industrial style they’re after while enjoying the benefits of our architectural wall panels,” said Jason Monday, vice president of sales and marketing at Nichiha. “They won’t have to worry about their cladding cracking, rotting or fading, and they will have the convenience of installing Corbosa in any weather condition.”

Other products in the Concrete Series include: IndustrialBlock with a distressed concrete design and EmpireBlock, which features a unique dimple that enhances its modern style.

About Nichiha USA

Nichiha USA, a subsidiary of Nichiha Corporation, is a leading manufacturer of high-functioning cladding for commercial and residential building applications. Founded in Japan in 1956, Nichiha now employs over 2800 employees at 13 locations worldwide. Nichiha creates long-term value for architects, builders and contractors through building material solutions that are durable and available in a breadth of colors, styles and textures, with customized support to meet any specification and help customers get the most out of their projects. To learn more, visit www.nichiha.com.

Contacts

For more information contact:

Renée Lyn

(470) 539-8590

rlyn@nichiha.com

Real Matters Announces Election of Directors

February 1, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Real Matters Inc. (“Real Matters”), a leading network management services platform for the mortgage and insurance industries, today announced that all of the nominees listed in Real Matters’ management information circular dated December 13, 2021, were elected as directors of Real Matters. The detailed results of the vote for the election of directors held at Real Matters’ Annual General Meeting of common shareholders are set out below:

Each of the following eight nominees proposed by management was elected as a director of Real Matters:

Nominee

Votes For

% Votes For

Votes Withheld

% Votes Withheld

Garry Foster

50,178,609

99.92%

42,678

0.08%

William Holland

48,575,365

96.72%

1,645,922

3.28%

Brian Lang

50,043,224

99.65%

178,063

0.35%

Karen Martin

50,206,486

99.97%

14,801

0.03%

Frank McMahon

50,180,294

99.92%

40,993

0.08%

Lisa Melchior

48,574,327

96.72%

1,646,960

3.28%

Jason Smith

50,034,469

99.63%

186,818

0.37%

Peter Vukanovich

48,193,529

95.96%

2,027,758

4.04%

Final voting results on all matters voted on at the Annual General Meeting of common shareholders held earlier today will be published shortly on www.realmatters.com, and filed with the Canadian securities regulators.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest insurance companies in North America. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY), Middletown (RI) and Scottsdale (AZ). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

Contacts

Lyne Beauregard

Vice President, Investor Relations and Corporate Communications

Real Matters

lbeauregard@realmatters.com
416.994.5930

Infinitum Electric Introduces Ultra High-Efficiency Motors for the Canadian Market

February 1, 2022 By Business Wire

Air-core motors purpose-built for Canada deliver breakthrough efficiencies and simplify design for HVAC fan, pump and general purpose applications

LAS VEGAS–(BUSINESS WIRE)–Infinitum Electric, creator of the breakthrough air-core motor, today announced at the 2022 AHR Expo a new product line specifically built to support Canadian HVAC fan, pump and general purpose applications.


The new product line is an extension of Infinitum Electric’s IEs Series motors and will be available in the 575V, 5-15 horsepower range in 2H 2022. With the addition of the Canadian products, Infinitum Electric is delivering the most comprehensive range of power and frame sizes for the North American HVAC market. The IEs Series offers 10 percent more efficiency and IoT capabilities in a package that is 50 percent lighter and smaller, and significantly quieter than traditional motors.

To date, Canadian HVAC applications requiring 575V power have largely relied on suboptimal motor configurations due to a lack of focus on the specific needs of the Canadian market. HVAC applications have therefore used either an EC motor and a transformer to convert power, which adds costs and reduces overall efficiency, or a conventional, lower efficiency AC induction motor and VFD.

“Having a motor designed specifically for Canada greatly simplifies our engineering process and will ultimately help us deliver better products,” said Larry Hopkins, chief technology officer, XNRGY. “Infinitum Electric’s integrated motor and VFD gives us the breakthrough levels of efficiency our customers want, while its smaller size and light weight open new possibilities for our development team.”

“Infinitum Electric’s advancements in motor efficiency have the potential to spur innovation and reduce energy demand in Canadian HVAC and pump applications,” said Ivan Campos, research analyst, Omdia. “As supply chain issues continue, Infinitum Electric’s simple motor design, materials and PCB stator technology make it easier to source, produce and assemble motors close to their target market, reducing lead times.”

“We’re excited to expand our footprint and bring our proven IEs Series product line to Canada,” said Ben Schuler, founder and chief executive officer, Infinitum Electric. “We look forward to working with product manufacturers who are looking to achieve new levels of sustainability for fan, pump and general purpose applications.”

Infinitum Electric is exhibiting its full range of motors for HVAC fan and pump applications during the AHR Expo in Las Vegas Jan. 31-Feb. 2, 2022 at booth C6103, where attendees will be able to speak with company experts on designing products for greater efficiency, reliability and productivity.

About Infinitum Electric

Infinitum Electric has raised the bar for a new generation of motor that is better for the planet and people. The company’s patented air-core motors offer superior performance in half the weight and size, at a fraction of the carbon footprint of traditional motors, making them pound for pound the most efficient in the world. Infinitum Electric motors open up sustainable design possibilities for the machines we rely on to be smaller, lighter and quieter, improving our quality of life while also saving energy. Based in Austin, Texas, Infinitum Electric is led by a team of industry experts and pioneers. To learn more, visit www.infinitumelectric.com.

Contacts

Media Contact:
Erin Gilmore

Activate PR + Marketing on behalf of Infinitum Electric

egilmore@activateprmktg.com
512-466-4559

Westlake Royal Building Products™ Debuts New Brand and Roofing Lines at 2022 International Roofing Expo

February 1, 2022 By Business Wire

New Brand Brings Together Boral® North America Roofing and DaVinci® Roofscapes Lines Into Industry-Leading, Comprehensive Roofing Solutions Offering

HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products™ unveils Westlake Royal Roofing™, one of six dynamic product solutions launched as part of a total brand transformation, at the 2022 International Roofing Expo (IRE), February 1-3 in New Orleans, Louisiana.

Westlake Royal Roofing brings together the portfolios of the former Boral® North America roofing and DaVinci® Roofscapes lines, both strategic acquisitions for Westlake Royal Building Products USA Inc., and its parent company, Westlake, during the past three years.

“The 2022 IRE show marks the first time we are coming together as Westlake Royal Building Products,” says Steve Booz, vice president of marketing for Westlake Royal Building Products. “As a leading supplier of clay, concrete, steel, and composite roofing, Westlake Royal is well-positioned to serve contractors, customers, and homeowners throughout North America.”

Westlake Royal introduces its rebranded clay, concrete, steel, and roofing components product lines, along with two new high-performance roof underlayment solutions, in booth #1713, including:

  • US Tile® products, a legacy line of premium, stunning clay tile solutions manufactured to the highest standard of sustainability and craftsmanship (formerly known as US Tile® by Boral).
  • Newpoint™ Concrete Tile Roofing, the enduring line of concrete tile known for its superior strength, Class A fire rating and long-lasting beauty (formerly known as Boral Concrete Roofing Tile).
  • Unified Steel™ Stone Coated Roofing, the ultra-lightweight roofing system, which benefits from the structural strength of steel (formerly known as Boral Steel – Stone Coated Roofing).
  • Westlake Royal Roofing Components™, a full line of integrated roof components designed to deliver a higher standard of roof installation and performance (formerly known as Boral Roof System Components).

New from Westlake Royal:

  • SwiftGuard™ is a high-performance synthetic roof underlayment providing durable, all-weather protection from the elements and is ideal for use with all steep-slope roofing materials including tile, steel and shingles, as well as natural and composite slates and shakes. SwiftGuard™ includes innovative, patented nail gasketing technology, a high-grip backing and non-woven thermally embossed fiber face for increased deck grab and superior walkability.
  • Sol-R-Skin™ BLUE; Highly durable and easy to install, Sol-R-Skin BLUE provides three key solutions–as a waterproofing layer, an energy-saving radiant barrier, and as an insulation blanket. It is suitable for use under nearly all steep-sloped roofing materials and can be applied in any climate and at any temperature. Sol-R-Skin™ BLUE is UV-resistant, boasts an anti-glare coating in cool blue, and offers Class A rated fire resistance when applied with stone-coated steel, concrete, and clay tile roof systems.

“These underlayments act as critical accompaniments to our clay, concrete, steel and composite roofing systems, improving weather resiliency, efficiency and extending the life of the roof overall,” says Eric Miller, vice president of sales and marketing for Westlake Royal Roofing.

Westlake Royal also features its DaVinci Roofscapes Composite Slate and Shake products in booth #1737, including:

  • DaVinci Multi-Width Slate – These state-of-the-art tiles create enduring beauty on a home or commercial project. The ½-inch tiles are available in 12-, 10-, 9-, 7- and 6-inch widths and can be installed at 6-, 7-, 7-1/2, and 8-inch exposures.
  • DaVinci Single-Width Slate – DaVinci Single-Width Slate tiles are 12” wide with a half-inch thickness. Modeled from actual slate for natural, non-repeating beauty, the tiles can be installed in straight or staggered positioning at 6-, 7-, 7-1/2, and 8-inch exposure.
  • DaVinci Select Shake – Taken from natural wood profiles, molds recreate 5/8-inch-thick traditional shake profiles with 8- and 10-inch widths. 10-inch pieces have a simulated keyway, giving the look of 4- and 6-inch shakes to create a multi-width appearance.
  • DaVinci Multi-Width Shake – Duplicating the profiles of real cedar, DaVinci Multi-Width Shake composite tiles have the advantages of color stability and resistance to fading, rotting, cracking and pests. The 5/8-inch-thick tiles are available in 9-, 8-, 7-, 6-, and 4-inch widths to create a realistic, natural-looking cedar shake roof.
  • DaVinci Hand-Split Shake Siding – Featuring the appearance of authentic cedar shakes and will not deteriorate like real wood. Just as attractive as real cedar, the individual tile pieces will not curl, cup or split like real cedar.

To explore the full suite of Westlake Royal Roofing’s concrete, clay, steel, composite and components roofing solutions, including SwiftGuard and Sol-R-Skin BLUE, visit WestlakeRoyalRoofing.com.

About Westlake Royal Building Products

Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. For more than 50 years, Westlake Royal Building Products has manufactured high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.

For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.

Contacts

Ann Iten

ann.iten@westlake.net

Wendy Bruch

wbruch@davinciroofscapes.com

Tokens.com Purchases Premium Waterfront Real Estate in the Somnium Space Metaverse

January 31, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in crypto assets linked to the Metaverse, Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFTs”) and Play-to-Earn Gaming (“P2E”), is pleased to announce that its subsidiary, Metaverse Group, has purchased four extra large premium virtual waterfront parcels in the Somnium Space metaverse.

The premium waterfront parcels diversify Metaverse Group’s eight-figure real estate portfolio across several metaverses. The virtual real estate provides new opportunities for brands to connect with new audiences and showcase their ecommerce offerings in the metaverse. Metaverse Group’s additional parcel purchases continue to solidify its position as leading metaverse real estate owners and developers.

“We are diversifying our virtual land holdings to make navigating the metaverse more accessible to brands beginning or expanding their metaverse marketing strategies,” commented Tokens.com CEO, Andrew Kiguel. “In addition, we are working to democratize all Web3 assets, making them available to the public in liquid form through our publicly traded shares. Tokens.com continues to be one of the only publicly traded companies offering such an extensive and diverse portfolio of crypto assets including the metaverse, P2E Gaming, NFTs, DeFi and staking.”

Metaverse Group’s newly acquired premium parcels were strategically chosen due to their high retail value, given that they are positioned on exclusive waterfront. Much like property in the physical world, virtual lots that are positioned near water hold a higher value than those inland. Metaverse Group owns a total of 11 parcels positioned on waterfront and inland equivalent to 18,000 sq feet purchased for 58,000 CUBE, the Somnium Space native currency. Parties interested in virtual land parcels can contact landsales@metaversegroup.com.

Somnium Space is a virtual reality (VR) world built on the Ethereum blockchain. An open-source platform, Somnium Space allows users to buy digital land, homes, buildings, and myriad in-game assets of value in its online multiverse. Somnium space is compatible with Oculus Quest, a virtual reality headset. Somnium Space gained significant attention in 2021 when Tyler and Cameron Winklevoss joined the project as official advisors and made an investment through the Gemini Frontier Fund.

About Tokens.com

Tokens.com Corp is a publicly traded Web3 company that owns an inventory of Metaverse, P2E, DeFi and NFT based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in Play-to-Earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and skates crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.

For further information please visit Tokens.com

Keep up-to-date on Tokens.com developments and join our online communities at Twitter, LinkedIn, and YouTube.

About Metaverse Group

The Metaverse Group is a vertically integrated NFT based metaverse real estate company. The group, with its global headquarters in Decentraland’s Crypto Valley, also owns an eight figure real estate portfolio across many leading virtual worlds. The company intends to continue to purchase, develop and rent out its portfolio of real estate assets. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.

For further information please visit https://metaversegroup.com

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO

Telephone: +1-647-578-7490

Email: contact@tokens.com

Jennifer Karkula, Head of Communications

Email: contact@tokens.com

Media Contact: Ryleigh Ebron – Talk Shop Media

Email: ryleigh@talkshopmedia.com

Dream Announces the Creation of the Dream Community Foundation

January 28, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM UNLIMITED CORP. (TSX:DRM) (“Dream”) today announced the creation of the Dream Community Foundation (the “Foundation”), a non-profit organization dedicated to improving the well-being of individuals, families, and neighbourhoods across Canada. In conjunction with Dream, the Dream Community Foundation will support and expand Dream’s overall impact mandate with a specific focus on building inclusive communities through resident and community benefits and programming that go above and beyond traditional property management.

The Foundation will be supported by a seed commitment of $25 million from the Cooper family, which will be donated over the next five years, continuing the Cooper family’s commitment to building more inclusive communities. As one of Canada’s most innovative real estate companies, Dream is focused on developing and operating properties by incorporating affordable and attainable housing, fostering inclusivity, and managing resource efficiency, while pursuing sustainable market returns.

“Over the past few years, Dream has made significant strides in creating low carbon, affordable and attainable communities in Canada, including Zibi, the West Don Lands and our recent multi-family acquisitions including Weston Common and 9 other apartment buildings,” said Michael Cooper, Founder of the Dream Group of Companies. “Now, with the Dream Community Foundation, we can build on Dream’s impact goals and co-create with residents in neighbourhoods across the country to make these communities more inclusive.”

Working in partnership with the Dream Group of Companies (collectively Dream Unlimited Corp., Dream Impact Trust, Dream Impact Fund, and Dream Office REIT) as well as existing registered charities, local community organizations and non-profits, the Foundation will support existing initiatives and programs, in addition to creating its own. These initiatives and programs will focus on four pillars: Affordable Living, Health & Wellness, Education & Skills, and Culture & Belonging. Together with residents and local stakeholders in the community, the Foundation will develop inclusive programming and services.

The Foundation held its first event, a three-day multicultural holiday celebration at Dream’s Weston Common, in partnership with the Weston Village Business Improvement Area and Artscape Weston Common. The event highlighted various winter holidays celebrated in the community, including Kwanzaa, Diwali, Hanukkah, Christmas, and Lunar New Year, welcoming over 600 residents. Further programming and partnerships will be developed based on residents’ feedback and expanded to other communities through 2022 and 2023.

In Ottawa, the Foundation will also be working with a local affordable housing partner to provide on-site community programming and support to residents of the LeBreton Flats Library Parcel development. Programming will be delivered to further community well-being for all tenants in affordable units and rental units to foster a thriving and resilient community. Programming will specifically be geared towards Indigenous peoples, veterans, new immigrants, women and children, and adults with cognitive disabilities.

“We’re incredibly excited by the opportunity to make a real difference in communities like Weston Common,” said Krystal Koo, Chair of the Board of the Dream Community Foundation. “By investing in artistic, educational, and food security-based programs and services, we hope to strengthen community bonds and improve health outcomes.”

The Dream Community Foundation’s work will be assessed in line with Dream’s impact Management Framework, with a focus on alignment with the United Nations Sustainable Development Goals. In addition, the Foundation will add assessment through the lens of the World Health Organization’s Social Determinants of Health. These reflect the socioeconomic and cultural conditions that contribute to health and well-being beyond pure healthcare access and quality. The Foundation will also subject itself to Charity Intelligence Canada’s Social Impact Ratings system to ensure meaningful, quantifiable, and accountable impact metrics on an organization-wide basis. The Foundation will produce an annual report summarizing how its programs and services have delivered on these metrics.

The Foundation is currently incorporated federally as a not-for-profit corporation and is in the process of seeking to become a registered charity.

For more information, visit our website.

About Dream Unlimited Corp.

Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $13 billion of assets under management across three Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land and residential assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For further information please visit www.dream.ca.

Contacts

Dream Unlimited Corp.
Krystal Koo

Chair, Dream Community Foundation Board

(416) 365-3535

kkoo@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

Dream Office REIT Q4 2021 Financial Results Release Date, Webcast and Conference Call

January 26, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) will be releasing its financial results for the quarter ended December 31, 2021, on Thursday, February 17, 2022.

Senior management will be hosting a conference call to discuss the financial results.

Conference call:

 

Date:

Friday, February 18, 2022 at 10:00 a.m. (ET)

Dial:

For Canada please dial: 1-888-465-5079

 

For International please dial: 416-216-4169

Passcode:

9160 842#

A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Office REIT’s website at www.dreamofficereit.ca and click on Calendar of Events in the News and Events section.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with approximately 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

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