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Hamilton Spectator
14-05-2025
- Business
- Hamilton Spectator
Quorum Announces Q1 2025 Results Release Date, Conference Call and Webcast Details
CALGARY, Alberta, May 14, 2025 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (TSX-V: QIS) ('Quorum'), a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers ('OEMs') rely on for their operations, intends to release its Q1 2025 Results after markets close on Wednesday, May 28, 2025. Maury Marks, President and Chief Executive Officer and Marilyn Bown, Chief Financial Officer will present the Q1 2025 Results at a conference call with concurrent audio webcast, scheduled for: An updated Investor Presentation, replay of the results conference call, and transcripts of the conference call, will also be available at . About Quorum Information Technologies Inc. Quorum is a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers ('OEMs') rely on for their operations, including: Contacts: Maury Marks President and Chief Executive Officer 403-777-0036 Marilyn Bown Chief Financial Officer 403-777-0036 Forward-Looking Information This press release may contain certain forward-looking statements and forward-looking information ('forward-looking information') within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as 'anticipate', 'believe', 'plan', 'intend', 'objective', 'continuous', 'ongoing', 'estimate', 'expect', 'may', 'will', 'project', 'should' or similar words suggesting future outcomes. Quorum believes the expectations reflected in such forward-looking information are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties some of which are described herein. Such forward-looking information necessarily involves known and unknown risks and uncertainties, which may cause Quorum's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking information. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed this release and neither accepts responsibility for the adequacy or accuracy of this release. PDF available:
The Hindu
29-04-2025
- Business
- The Hindu
Azad Engineering opens exclusive facility for GE Vernova works in Hyderabad
Hyderabad-based precision engineering firm Azad Engineering inaugurated a 7,600 sq. mts. exclusive lean manufacturing facility at its new plant in Tunikibollaram here to focus on global major GE Vernova's Steam Power Services business. This facility will serve and support the supply of highly engineered and complex rotating and stationary airfoils for advanced nuclear, industrial and thermal power turbine engines, meeting GE Vernova's global demand in the power generation and essential industries, Azad Engineering said. Established at Azad's Centre of Excellence & Innovation Centre in the city, the facility marks the evolution of a partnership with GE Vernova that began with a few machines in 2013 into a world-class manufacturing centre, demonstrating the companies shared commitment to excellence, it said after the inauguration on Tuesday (April 29, 2025) in which Rakesh Chopdar, chairman and CEO and GE Vernova's senior global leadership team participated. The new facility is part of Azad Engineering's broader strategy to create manufacturing capacity to meet the needs of key global Original Equipment Manufacturers (OEM) partners at its COE & Innovation Centre, Mr. Chopdar said. 'With over 180 direct skilled professionals currently employed and plans to add several hundred more, we are creating a robust ecosystem of precision engineering excellence to produce around 1,00,000 blades per annum from this factory. The rigorous qualification processes we've undergone, achieving precision tolerances measured in microns, reflect Azad's dedication to meeting the exacting standards of global industry...', he said in a release. Without disclosing specifics, the company said the new lean manufacturing facility is a significant investment in expanding Azad's manufacturing capabilities as part of its strategic focus on long-term partnerships with global OEMs across aerospace, defence, energy as well as oil and gas sectors. It is poised to consolidate the company's position as a key player in the precision manufacturing landscape, Azad said. This is the second such facility it opened recently. In March, the company had opened a 7,200 sq. mts. exclusive lean manufacturing facility for Mitsubishi Heavy Industries (MHI) in Tunikibollaram with about 200 skilled professionals.
