FloQast Global Momentum Continues With Expansion Into Australia, New Zealand

Fintech veteran Jason Toshack to lead the company’s regional push

SYDNEY, AUSTRALIA / ACCESSWIRE / March 14, 2023 / FloQast, a provider of accounting workflow automation software created by accountants for accountants, today announced its expansion into Australia and New Zealand, with plans to establish and scale a local headquarters in Sydney. With global interest increasing as FloQast establishes itself as an emerging international leader in accounting workflow technology, the expansion enables the company to service a growing regional customer base with a localised team.

Leading the company’s push is seasoned fintech executive Jason Toshack, named as Managing Director, ANZ. With more than 22 years of SaaS experience, Toshack joins FloQast after spending more than 15 years with NetSuite, where he most recently served as the company’s Vice President and General Manager ANZ. As Managing Director, Toshack will focus on growing FloQast’s ANZ presence, guiding all aspects of sales within the region, and helping develop local partnerships.

“We couldn’t be more excited to have Jason Toshack lead our expansion into the ANZ region,” said Mike Whitmire, co-founder and CEO at FloQast, inactive CPA. “Jason’s wealth of experience and background make him uniquely qualified to drive FloQast’s mission of elevating finance and accounting teams in Australia and New Zealand.”

FloQast’s list of users in Australia and New Zealand includes SafetyCulture, a global technology company run from a Sydney HQ that helps workers identify issues and opportunities for businesses to improve, Employment Hero, a global, all-in-one HR, payroll, and benefits platform headquartered in Sydney, and Deputy, a global employee management tool also based in Sydney.

“I’ve operated adjacent to FloQast over the course of my career and have watched it develop into a leading accounting technology company,” said Toshack. “I’m thrilled about the opportunity to join the team and build our presence in the region.”

On April 5, FloQast is sponsoring Oracle NetSuite’s SuiteConnect Sydney: Full Suite Ahead. Learn more here.

About FloQast

FloQast delivers workflow automation software enabling organisations to operationalise accounting excellence. Trusted by more than 2,000 accounting teams – including Twilio, Los Angeles Lakers, Zoom, and Snowflake – FloQast was built by accountants, for accountants to enhance the way accounting teams work. FloQast enables customers to streamline processes such as automated reconciliations, documentation requests, and other workflows that impact the month-end Close, financial reporting, and payroll and is consistently rated #1 across all user review sites. Learn more at FloQast.com.

Contact Information

Kyle Cabodi
FloQast Director of Corporate Communications
kyle.cabodi@floqast.com

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SOURCE: FloQast

Vestas wins 373 MW order in South Africa featuring the first V163-4.5 MW wind turbines

SANDTON, SOUTH AFRICA – EQS Newswire – 14 March 2023 – Independent power producer Red Rocket has placed a 373 MW order for the Brandvalley, Rietkloof and Wolf wind parks, to be located in Western Cape and Eastern Cape, South Africa. The contract includes the supply and installation of 64 V150-4.5 MW wind turbines, 12 V163-4.5 MW wind turbines and five V162-6.2 MW Enventus wind turbines. Vestas will service the wind parks through a 15-year Active Output Management 5000 (AOM 5000) agreement.

Red Rocket’s CEO, Matteo Brambilla said: “Red Rocket has been investing and supporting South Africa’s electricity crisis for more than a decade and with a portfolio of more than 1,000 MW of wind, hydro and solar projects under development, in construction or in operation in the country, we are delighted to continue making a significant contribution to South Africa and the rest of the continent.” Brambilla added: “The projects will bring a 740-million-rand community investment over 20 years through local social projects. The wind farms will start operating in 2024”.

The order includes the first installations globally of the V163-4.5 MW wind turbine from Vestas’ 4 MW platform. Featuring an 18 per cent increase in swept area, the V163-4.5 MW has a large rotor-size-to-rating ratio resulting in a higher capacity factor, enabling up to 10 percent higher Annual Energy Production at park level compared to the V150-4.5 MW depending on site-specific conditions. This increases power output at lower wind speeds significantly and improves predictability and stability in production, optimising the utilisation of the wind park as well as benefitting the energy grid.

“I would like to thank Red Rocket for the trust they have placed in Vestas’ latest evolution of technology. With three different wind turbine variants across platforms this order showcases that we are able to enhance the customer business case through optimising the layout on each wind project site with Vestas’ flexible and diverse product portfolio. We firmly believe that our partnership can make a significant contribution to a more reliable, affordable and sustainable energy mix in South Africa”, says Vestas Sales & Business Development Senior Director, Malte Meyer.

Turbine delivery and commissioning are expected by 2024.

Vestas leads the South African wind power market with over 1.3 GW of installed and under construction capacity. The company is strongly committed to contribute to South Africa’s new renewable energy targets, which include reaching 17.7 GW of wind capacity by 2030 and increasing the presence of renewables in its energy mix from the current 11 per cent to about 41 per cent by 2030.

About Vestas:

Vestas is the energy industry’s global partner on sustainable energy solutions. We design, manufacture, install, and service onshore and offshore wind turbines across the globe, and with more than 164 GW of wind turbines in 87 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled more than 144 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas’ more than 28,000 employees are bringing the world sustainable energy solutions to power a bright future.

For updated Vestas photographs and videos, please visit our media images page on: https://apo-opa.info/3JixTYm

Download image: https://apo-opa.info/3YFfpao

We invite you to learn more about Vestas by visiting our website at www.vestas.com and following us on our social media channels:

Twitter: https://apo-opa.info/3Li1GDr

LinkedIn: https://apo-opa.info/3JcFCY9

Facebook: https://apo-opa.info/3ZIAzWk

Instagram: https://apo-opa.info/3ZMkcIj

YouTube: https://apo-opa.info/3ZOmpmO

For more information, please contact:

Andrés DomínguezCommunications SpecialistVestas Mediterranean, Africa & Middle EastM +34 649294007

Email: andms@vestas.com

‫فيستاس تفوز بصفقة مشروع من 373 ميجاوات في جنوب إفريقيا، يتضمّن أول دفعة من توربينات الرياح  V163-4.5 MW

 قامت شركة “ريد روكيت” لإنتاج الطاقة المستقلّة بتقديم طلب لإنتاج 373 ميجاوات من طاقة الرياح  في محطات توليد الطاقة Brandvalley وRietkloof وWolf في مقاطعة كيب الغربية ومقاطعة كيب الشرقية في جنوب إفريقيا.يشمل الطلب تزويد وتركيب 64 توربينة من طراز  V150-4.5 MWو12 توربينة V163-4.5 MW وخمسة توربينات الرياح .V162-6.2 MW Enventus وستقوم فيستاس بخدمة التشغيل والصيانة لتلك المحطات من خلال اتفاقيةActive Output Management 5000 (AOM 5000)  ولمدّة 15 عاماً.

وقال الرئيس التنفيذي لشركة ريد روكيت، ماتيو برامبيلا: “لا تزال شركة ريد روكيت تستثمر وتدعم الحلول لأزمة الكهرباء في جنوب إفريقيا منذ أكثر من عقد من الزمن ولديها ما يزيد عن 1000 ميجاوات من مشاريع طاقة الرياح والطاقة المائية والطاقة الشمسية قيد التطوير أو قيد الإنشاء أو قيد التشغيل في البلد. ويسعدنا أن نواصل تقديم مساهمة كبيرة في هذا المجال لجنوب إفريقيا وبقية دول القارة”. وأضاف برامبيلا: “ستجلب تلك المشاريع استثمارات عديدة في المجتمع بقيمة 740 مليون راند على مدى 20 عاماً وسوف يبدأ العمل في هذه المشاريع في العام 2024.”

يتضمّن الطلب دفعة التركيبات الأولى من نوعها على مستوى العالم لتوربينات الرياح V163-4.5 MW من منصة فيستاس بقدرة 4 ميجاوات. ويتميّز محرّك V163-4.5 ميجاوات بزيادة في الإنتاجية نسبتها 18 في المائة في حقل دوران الشفرات ونسبة دوران عالية مما يتيح زيادة إنتاج الطاقة السنوية بنسبة تصل إلى 10 في المائة مقارنةً بمحرّك V150- 4.5 ميجاوات، وذلك وفقاً للظروف الخاصة بكل موقع. ويؤدّي ذلك إلى زيادة إنتاج الطاقة عند سرعة الرياح المنخفضة بشكلٍ كبير ويُحسّن القدرة على التنبؤ والاستقرار في الإنتاج، مما يؤدّي إلى الاستفادة الكبيرة من الرياح بالإضافة إلى الاستفادة من شبكة الطاقة.

من جهته قال المدير الأول للمبيعات وتطوير الأعمال في فيستاس، مالت ماير “أودّ أن أشكر ريد روكيت على ثقتهم بشركة فيستاس والتكنولوجيا المتطورة التي أحدثتها. فمن خلال ثلاثة أنواع مختلفة من توربينات الرياح المتطورة، يؤكد هذا الطلب أننا قادرون على تعزيز الأعمال التجارية من خلال تحسين عمليات التخطيط في كل موقع من مواقع العمل وفي مشاريع الرياح، وذلك باستخدام منتجات فيستاس المرنة والمتنوّعة. نحن نؤمن إيماناً راسخاً بأنّ شراكتنا يمكن أن تقدّم مساهمة كبيرة في تمكين وتطوير الطاقة الموثوقة والمستدامة وبتكلفة منخفضة في جنوب إفريقيا”.

من المتوقّع تسليم التوربينات وتشغيلها بحلول عام 2024.

تقود فيستاس سوق طاقة الرياح في جنوب إفريقيا بقدرة تزيد عن 1.3 جيجاوات من الطاقة المركّبة والطاقة تحت قيد الإنشاء. تلتزم الشركة بمساهمة كبيرة في أهداف الطاقة المتجدّدة والحديثة في جنوب إفريقيا، والتي ستصل إلى 17.7 جيجاوات من طاقة الرياح بحلول عام 2030 وزيادة مصادر تلك الطاقة من 11٪ حالياً إلى حوالي 41٪ بحلول عام 2030.

لمزيد من المعلومات، الرجاء التواصل مع:

أندريس دومينغيز، اخصائي اتصالات

فيستاس البحر الأبيض المتوسط، ​​وأفريقيا والشرق الأوسط

M: +34649294007

البريد الإلكتروني: andms@vestas.com

نبذة عن فيستاس:

تعتبر شركة “فيستاس” (Vestas) شريك عالمي في مجال حلول الطاقة المستدامة، حيث تقوم الشركة بتصميم وتصنيع وتركيب وصيانة توربينات الرياح المولدة للكهرباء في جميع أنحاء العالم. تعمل “فيستاس” على إنتاج أكثر من 164 جيجاوات من الكهرباء من توربينات الرياح في 87 دولة. تعتبر “فيستاس” الشركة السباقة والرائدة في مجال تركيب مولدات الكهرباء من طاقة الرياح والأولى في هذا المجال بين نظراءها على مستوى العالم. توظف “فيستاس” إمكاناتها الرائدة والمتطورة بمعالجة البيانات لتوربينات الرياح قيد الخدمة حالياً والمولدة لأكثر من 144 جيجاوات من الطاقة الكهربائية لتحليل مسارات الرياح التنبؤ بها بهدف استغلالها بالشكل الأمثل وتقديم أفضل الحلول لتوليد الكهرباء من طاقة الرياح، وتتميز هذه الحلول بكفاءتها عن نظيراتها من الشركات. بالإضافة إلى التعاون مع عملاءنا، يعمل أكثر من 28000 موظف في “فيستاس” على توفير حلول مستدامة للطاقة لضمان صنع مستقبل أكثر إشراقاٌ.

للحصول على آخر الصور والفيديوهات لشركة “فيستاس” يرجى زيارة صفحة صور وسائل الإعلام لدينا: https://apo-opa.info/3JixTYm

تنزيل الصورة: https://apo-opa.info/3YFfpao

ولمعرفة المزيد عن “فيستاس” تفضلوا بزيارة موقعنا على www.Vestas.com ومتابعتنا على صفحاتنا على مواقع التواصل الاجتماعي:

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EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of SVB Financial Group Investors– SIVB

NEW YORK, March 13, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of SVB Financial Group (NASDAQ: SIVB) between June 16, 2021 and March 10, 2023, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 12, 2023.

SO WHAT: If you purchased SVB securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the SVB class action, go to https://rosenlegal.com/submit-form/?case_id=12882 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 12, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company failed to disclose to investors the risks presented by impending rising interest rates; (2) the Company failed to disclose to investors that, in an environment with high interest rates, it would be worse off than banks that did not cater to tech startups and venture capital-backed companies; (3) the Company failed to disclose that, if its investments were negatively affected by rising interest rates, it was particularly susceptible to a bank run; (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the SVB class action, go to https://rosenlegal.com/submit-form/?case_id=12882 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8787299

CONDOMINIUMS AND HOMEOWNERS ASSOCIATIONS CONFRONT RISING INSURANCE PREMIUMS, MAINTENANCE FEES, AND OPERATING COSTS

Falls Church, Va., March 13, 2023 (GLOBE NEWSWIRE) — Residents living in condominiums, homeowners associations, and housing cooperatives could be facing increased assessments due to growing operating costs and expenses. According to a new survey by the Foundation for Community Association Research, 91% of community association managers, professionals, and homeowners surveyed report they are seeing unexpected increases in expenses due to rising costs and inflation.

Released today, the Foundation’s “Rising Costs in Community Associations” survey is the direct feedback from international community association board members, managers, and business partners— including accountants, reserve study professionals, and service providers.

According to survey respondents, management fees (92%), insurance premiums (91%), maintenance services (85%), staffing (74%), landscape services (72%), and reserve funding (64%) are the areas with the largest increases in costs.

When asked how they planned to address the unexpected costs, 73% of respondents report they plan to raise assessments, while 41% say they plan to reduce expenses, and 15% will lower their reserve funding contributions.

Forty percent of survey respondents plan to defer maintenance projects, and 31% are reducing landscaping programs, while 18% plan to reduce legal fees, and 14% will reduce community amenities. Renegotiating contracts, prioritizing projects, investing in energy efficiency, special assessments, utilizing contingency funds, and exploring bank loans are other efforts being considered.

As inflation continues to drive up material and supply costs, 87% of community association management companies say they plan to increase their fees this year, and 39% of these companies say their bids and proposals for community association services don’t expire.

The report further outlines best practices and considerations for communities when forecasting a financial plan, including current inflation conditions directly impacting condominiums and homeowners associations.

“As we witness inflation’s impact on the housing market, the results give us a better understanding of how these economic factors are challenging residents and the professionals who serve condominiums and homeowners associations,” says Dawn. M. Bauman, CAE, executive director of the Foundation for Community Association Research. “The new survey will be a valuable resource for communities needing to fulfill their fiduciary responsibility to homeowners while determining what products, services, and programs move forward.”

Media Contact:
Amy Hawkes Repke
Vice President, Communications & Marketing
arepke@caionline.org | (703) 624-2179

Dawn M. Bauman, CAE
Senior Vice President, Government & Public Affairs | Executive Director, Foundation for Community Association Research
dbauman@caionline.org | (703) 867-5588

About the Foundation for Community Association Research
Our mission—with your support—is to provide research-based information for homeowners, community association board members, community managers, developers, and other stakeholders. Since the Foundation’s inception in 1975, we’ve built a solid reputation for producing accurate, insightful, and timely information, and we continue to build on that legacy. Visit foundation.caionline.org.

About Community Associations Institute 
Since 1973, Community Associations Institute (CAI) has been the leading provider of resources and information for homeowners, volunteer board leaders, professional managers, and business professionals in the more than 358,000 homeowners associations, condominiums, and housing cooperatives in the United States and millions of communities worldwide. With more than 44,000 members, CAI works in partnership with 36 legislative action committees and 64 affiliated chapters within the U.S., Canada, South Africa, and the United Arab Emirates as well as with housing leaders in several other countries, including Australia, Spain, and the United Kingdom. A global nonprofit 501(c)(6) organization, CAI is the foremost authority in community association management, governance, education, and advocacy. Our mission is to inspire professionalism, effective leadership, and responsible citizenship—ideals reflected in community associations that are preferred places to call home. Visit us at www.caionline.org, and follow us on Twitter and Facebook @CAISocial.

Attachment

Amy Repke
Community Associations Institute
703-624-2179
arepke@caionline.org

GlobeNewswire Distribution ID 8787185

FIFA enlarges 2026 World Cup to 48 teams with 104 matches to be played

FIFA on Tuesday confirmed that the 2026 World Cup will be played with 48 teams divided into 12 groups, and will have 104 matches up from 64.

"... the FIFA Council unanimously approved the proposed amendment to the FIFA World Cup 2026 competition format from 16 groups of three to 12 groups of four with the top two and eight best third-placed teams progressing to a round of 32.

"The revised format mitigates the risk of collusion and ensures that all the teams play a minimum of three matches, while providing balanced rest time between competing teams," FIFA said in a statement.

The FIFA Council on Tuesday met before the 73rd FIFA Congress in Rwanda's Kigali.

The world football's governing body said they made a thorough review, which considered "sporting integrity, player welfare, team travel, commercial and sporting attractiveness, as well as team and fan experience" to expand the next World Cup.

The 2026 World Cup finals in US, Canada, and Mexico, which will have 104 matches, will include a new last 32 stage prior to last 16.

It will be the first World Cup to be co-hosted by three countries. The previous World Cups, including the one in Qatar, featured 32 teams.

According to the previous format, the best two nations in eight groups qualified for the last 16 phase, while the rest 16, who came third or fourth in the group stage, were eliminated from the World Cup.

In addition, FIFA confirmed that the next World Cup final has been scheduled to be played on July 19, 2026 as the flagship football event has returned to its traditional calendar.

Qatar 2022, which was won by Argentina in December, was the first World Cup tournament in the northern hemisphere that was not held during the summer season.

The US last hosted the World Cup in 1994.

Mexico, on the other hand, hosted the World Cup finals twice, in 1970 and 1986.

Meanwhile, for the first time, Canada will host a men's World Cup tournament.

FIFA previously named the 16 cities that will host the 2026 World Cup. They are Atlanta, Boston, Dallas, Houston, Kansas City, Los Angeles, Miami, New York/New Jersey, Philadelphia, San Francisco Bay Area, and Seattle in the US, Guadalajara, Mexico City, and Monterrey in Mexico, and Toronto and Vancouver in Canada.

Source: Anadolu Agency

Residents of village in Ukraine’s Kharkiv region begin returning home

Residents of the village of Kamianka, located near the city of Izyum in Ukraine's Kharkiv region, have begun returning to the village with the intent to build their lives from scratch.

"Very few people have a place to stay here for the night. Other people who try to return stay in Izyum. They ... do the repair work in their damaged houses... When the weather warms up, they also plan to return for good. We can say that life begins again in Kamianka. About 40 people are currently working on the place to prepare it for permanent stay," Alexander Spornek told Anadolu in an interview.

Spornek and his wife Svetlana returned to the village in October last year, Alexander said 1,200 people lived in the village before the war started, and most of them were farmers.

Alexander also said cars, tractors, and other equipment were severely damaged due to Russian attacks on the village, and that despite their old age, they decided to engage in agricultural work again.

For her part, Svetlana told Anadolu that they left the village on March 17 last year and were evacuated to the Donetsk region, noting that they returned to her mother's home in the village after Kamianka was retaken by the Ukrainian army.

Only three or four families are currently staying in the village, Svetlana said, adding that others come during the day to repair the destroyed houses.

"23 families come every day and clean up the debris of the destroyed houses. They clear the fields. At night, they return to their temporary accommodation. Here, only 10 people can stay in their homes at night," Svetlana said.

Describing the scenes in Kamianka after the start of the Russia-Ukraine war, Svetlana said they learned about it on TV and that they could not believe it, until attacks on the village began in early March last year.

"People went to the shelters. There were constant attacks. 30 civilians lost their lives here because of the attacks," Svetlana noted, saying Russian forces launched attacks on the village on March 2, 2022.

She said they stayed in a shelter on March 2-14 last year, adding: "On March 14, planes started flying and there was an attack. Meanwhile, there was an explosion and I fell to the ground. We survived because we were in the shelter."

Now in its second year, the war between Russia and Ukraine has so far killed 8,231 civilians and wounded 13,734 others, according to the latest UN figures.

Source: Anadolu Agency