Author: Ravi Shankar

PRINCETON, N.J., Sept. 23, 2026 (GLOBE NEWSWIRE) — ANI Pharmaceuticals, Inc. (ANI or the Company) (Nasdaq: ANIP) today announced that it received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA), for Everolimus Tablets for Oral Suspension 2mg, 3mg and 5mg. ANI’s Everolimus Tablets for Oral Suspension are the generic version of the reference listed drug (RLD) Afinitor Disperz^®.

“The FDA approval of Everolimus Tablets for Suspension is another example of our R&D team’s continued execution on technically demanding formulations, and the launch adds further momentum to our commercial portfolio.  Our U.S. focused generics business continues to produce outstanding results, and we remain on track to launch at least 15 new generics this year,” stated Nikhil Lalwani, President and Chief Executive Officer of ANI.

U.S. annual sales for Everolimus Tablet for Oral Suspension totaled approximately $123 million, based on July 2026 moving annual total (MAT) IQVIA data.

About ANI Pharmaceuticals, Inc.

ANI Pharmaceuticals, Inc. (Nasdaq: ANIP) is a diversified biopharmaceutical company committed to its mission of “Serving Patients, Improving Lives” by developing, manufacturing, and commercializing innovative and high-quality therapeutics. The Company is focused on delivering sustainable growth through its Rare Disease business, which markets novel products in the areas of ophthalmology, rheumatology, nephrology, neurology, and pulmonology; its Generics business, which leverages R&D expertise, operational excellence, and U.S.-based manufacturing; and its Brands business. For more information, visit https://www.anipharmaceuticals.com.

Forward-Looking Statements

To the extent any statements made in this release relate to information that is not historical, these are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding the Company’s strategy; its plans with respect to the commercialization and potential sales of the Company’s products, including the launch of Everolimus; its efforts to bring limited-competition products to market and ensure that is high-quality products are readily accessible to its customers and patients in need; expansion plans for the Company’s Rare Disease, Generics and Brands businesses; and other statements that are not historical in nature, particularly those that utilize terminology such as “anticipates,” “will,” “expects,” “plans,” “potential,” “future,” “believes,” “intends,” “continue,” the negatives thereof, or other words of similar meaning, derivations of such words and the use of future dates.

Uncertainties and risks may cause the Company’s actual results to be materially different than those expressed in or implied by such forward-looking statements. Uncertainties and risks include, but are not limited to: the ability of the Company’s approved products to achieve commercialization at levels of market acceptance that will allow the Company to maintain profitability; delays and disruptions in the production of the Company’s approved products; delays or failure to obtain or maintain approvals by the FDA of the Company’s products; changes in policy or actions that may be taken by the FDA, United States Drug Enforcement Administration and other regulatory agencies; risks that the Company may face with respect to importing raw materials and delays in delivery of raw materials and other ingredients and supplies necessary for the manufacture of the Company’s products from both domestic and overseas sources due to supply chain disruptions or for any other reason; the limited number of suppliers for active pharmaceuticals ingredients for our products; the ability of the Company’s manufacturing partners to meet its product demands and timelines; the level of competition the Company faces and the legal, regulatory and/or legislative strategies employed by its competitors to prevent or delay competition from generic alternatives to branded products; the impact of legislative or regulatory reform on the pricing for pharmaceutical products; the Company’s ability, and that of its suppliers, development partners, and manufacturing partners, to comply with laws, regulations and standards that govern or affect the pharmaceutical and biotechnology industries; legal proceedings and product liability claims relating to our products and our business; and general business and economic conditions, such as inflationary pressures and geopolitical conditions.

More detailed information on these and additional factors that could affect the Company’s actual results are described in the Company’s filings with the Securities and Exchange Commission (SEC), including its most recent annual report on Form 10-K and quarterly reports on Form 10-Q, and other periodic reports, as well as other filings with the SEC. All forward-looking statements in this news release speak only as of the date of this news release and are based on the Company’s current beliefs, assumptions, and expectations. The Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Investor Relations:
Irina Koffler, Vice President, Investor Relations
T: 917-734-7387
E: Irina.koffler@anipharmaceuticals.com

Media Relations:
Argot Partners
T: 212-600-1494
E: ani@argotpartners.com

Source: ANI Pharmaceuticals, Inc.

• New coolant distribution unit, the WCDU, is designed for a wide-range of configurations and optimized to meet the need for high-capacity technical corridor-based cooling architectures
• Seamless integration with air cooling configurations and multiple installation options give operators greater flexibility
• Single WCDU provides cooling capacity up to 3.5MW, with an accessible design for simplified high-density deployment in space-constrained environments
• Supports approach temperature differences as low as 2 °C to improve PUE and reduce OpEx for the entire cooling system

RUEIL-MALMAISON, France, Sept. 23, 2026 (GLOBE NEWSWIRE) — Schneider Electric, a global energy technology leader, today launched its WCDU, a coolant distribution unit suitable for a wide range of configurations and is designed for seamless integration with fan wall air-cooling systems to support hybrid air and liquid cooling architectures in high-density AI data centers. Designed for greater deployment flexibility, the unit allows operators to adjust the balance of liquid and air cooling without fully redesigning the data hall. This approach allows for versatility as workloads are finalized to avoid overbuilt infrastructure and stranded capacity.

The new WCDU reflects the evolution of liquid cooling and matches changing infrastructure deployments for the AI era. Large data centers operators are increasingly deploying CDUs outside of the white space in the technical corridor for easier service and maintenance. The WCDU is optimized for the technical corridor and equipped with top entry connections to reduce installation complexity and keep the white space clear, which simplifies installation and service access.

“As the only CDU that brings together both liquid and air cooling within a single solution, we’re delivering a level of flexibility the market hasn’t seen before,” said Andrew Bradner, Senior Vice President of the Cooling Business at Schneider Electric. “This approach allows operators to deploy more efficiently, support a wider range of liquid cooling infrastructure configurations, and significantly reduce time to deployment.”

The new addition complements, expands and strengthens the Motivair by Schneider Electric line of liquid cooling solutions, which includes a range of CDUs to match a broad range of row-based, corridor-based and other deployment architectures.

Additional Key Benefits of the WCDU

The WCDU’s all-in-one design, which incorporates Integrated pumps, heat exchangers and other critical CDU components into a single steel frame, simplifies deployment and provides multiple installation options through a scalable, multi-modal architecture. In addition to integrating with fan walls, the WCDU can be used as a standalone unit. As a result, operators currently using fan walls for their cooling infrastructure gain an easier path to retrofitting their facilities. The unit also maintains zero lateral clearance, enabling optimized density in existing and new data hall layouts. The WCDU also supports:

• Increased Density: The WCDU offers the single largest cooling capacity in the Motivair by Schneider Electric CDU line. A single WCDU is able to achieve capacity up to 3.5 MW at 1.5 liters per minute per kW, and 2.5 MW at 2.0 liters per minute per kW. Up to 20 WCDU units can operate together in group mode as a coordinated system, offering the scale needed to support today’s 30-40MW data halls.
• Improved efficiency: Supports warmer facility water system temperatures and approach temperature as low as 2°C. These operating conditions help improve PUE and improve the energy efficiency of the entire cooling infrastructure, which contributes to lower overall operating costs. The system incorporates hot swappable pumps, PICVs, and 25 micron filters, as well as a 15 inch touchscreen HMI to support resiliency.
• Supports resiliency: As an additional resilience option, for deployments up to 2.5 MW, the WCDU can be specified with N+1 redundancy, providing pump and valve backup to help maintain cooling availability during maintenance or an unexpected component outage.

With the addition of the WCDU, Schneider Electric’s end-to-end liquid cooling portfolio now offers CDUs ranging from 105kW to 3.5MW, meeting current and future performance requirements.

The WCDU will begin shipping in select regions in October 2026 and will be available for pre-order in the U.S. beginning in early 2027. For more information, visit Schneider Electric’s website.

Press contact: mediarelations@se.com

Related resource:

• Reference design that evaluates the deployment of the WCDU in an AI-ready data center environment using CFD (Computational Fluid Dynamics) analysis.

About Schneider Electric

Schneider Electric is a global energy technology leader, driving efficiency and sustainability by electrifying, automating, and digitalizing industries, businesses, and homes. Its technologies enable buildings, data centers, factories, infrastructure, and grids to operate as open, interconnected ecosystems, enhancing performance, resilience, and sustainability. The portfolio includes intelligent devices, software-defined architectures, AI-powered systems, digital services, and expert advisory. With 160,000 employees and 1 million partners in over 100 countries, Schneider Electric is consistently ranked among the world’s most sustainable companies. 

www.se.com

Learn more about Advancing Energy Tech on Schneider Electric Insights.

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/756f3c46-0cfb-4ca9-a679-77e384ebffcc

Approximately $507,000 invested to reactivate Panuco operations; additional capital deployment planned as NEXT10 targets increased gold production through mid-2027

GREEN VALLEY, Ariz., Sept. 23, 2026 (GLOBE NEWSWIRE) — NEXT10, Inc. (OTC: NXTN) (“NEXT10” or the “Company”), through Torreon Group, Inc., today announced that it activated its first mining operation in Mexico and commenced gold production at the Panuco gold mining operation effective August 1, 2026.

Earlier this year, NEXT10 invested approximately $507,000 in equipment, infrastructure and operating improvements to reactivate the Panuco operation. The Company currently expects to deploy approximately an additional $240,000 in the coming weeks as part of the next phase of production expansion.

Gold production began August 1 and is currently operating at approximately 20 ounces per month. As additional equipment, infrastructure and processing capacity are installed, management is targeting production of approximately 320 ounces of gold per month by mid-2027.

The operation is currently generating revenue, which the Company expects to begin reflecting in its reported financial results over the coming quarters.

The milestone represents an important transition for NEXT10 as the Company moves from acquiring and developing hard-asset opportunities into the activation, operation and expansion of revenue-producing assets.

“This is where strategy becomes an operating business,” said John B. Hayden, Chairman and Chief Executive Officer of NEXT10, Inc. “Earlier this year, we committed approximately $507,000 to put this operation back to work. Gold production began August 1, the operation is now generating revenue, and we are continuing to invest behind the asset as we expand its productive capacity.”

Hayden continued, “After more than four decades in business, I have learned that sustainable growth is built in stages. You deploy capital, establish operations, prove the process and then invest further where the results support it. We are currently producing approximately 20 ounces of gold per month. With the equipment, infrastructure and additional capital we plan to deploy, our objective is to build toward approximately 320 ounces per month by mid-2027. That disciplined approach to capital deployment is one we intend to apply across the NEXT10 portfolio.”

The Company expects to continue investing in processing equipment, infrastructure and operating capacity over the coming months. These investments are intended to increase throughput, improve recovery capabilities and support the planned production ramp.

The approximately 320-ounce-per-month production objective is a management target and should not be interpreted as a guarantee of future production. Actual results may vary materially depending on equipment installation and commissioning, mine conditions, processing performance, recovery rates, available capital, commodity prices, operating costs and other operational and market factors.

NEXT10 intends to provide additional operating and financial updates as material milestones are achieved.

About NEXT10, Inc.

NEXT10, Inc. (OTC: NXTN), through Torreon Group, Inc. and its affiliated businesses, is focused on acquiring, developing and operating businesses and assets with an emphasis on opportunities backed by real estate and other hard assets.

The Company’s strategy is to identify assets where additional capitalization, operating discipline and active management may improve operations, generate cash flow and create long-term enterprise value.

For additional information, visit www.torreongroupinc.com.

Mining and Technical Information

Unless expressly stated otherwise, information concerning production potential, anticipated grades, recoveries, throughput and future mining or processing activities is based on information provided by the Company, project operators and management estimates.

Commodity Prices and Capital Requirements

Future financial performance may be affected materially by changes in gold, copper and other commodity prices. The Company does not control commodity prices and makes no representation that any assumed or projected commodity price will be realized.

The Company’s planned production expansion also depends, in part, on the availability and successful deployment of additional capital. There can be no assurance that required capital will be available when needed or on terms acceptable to the Company.

Forward-Looking Statements

This press release contains forward-looking statements regarding, among other matters, planned investments in mining equipment and infrastructure; anticipated increases in gold production; the Company’s target of approximately 320 ounces of gold production per month by mid-2027; future revenue and financial results; and NEXT10’s broader operating and growth strategy.

Forward-looking statements are based on management’s current expectations, estimates and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied.

These risks include, among others, equipment availability and commissioning, mining and processing performance, recovery rates, geological and operating conditions, commodity prices, operating costs, capital requirements, financing availability, regulatory matters and general economic and market conditions.

There can be no assurance that planned investments will result in the targeted production levels, revenue or profitability. Past performance, historical results and management estimates are not guarantees of future results.

Forward-looking statements speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statement.

Contact

John B. Hayden
CHAIRMAN/CEO
TORREON GROUP INC/NEXT10
ir@torreongroupinc.com

All amounts in this release are in U.S. dollars unless otherwise indicated.

TORONTO, Sept. 23, 2026 (GLOBE NEWSWIRE) — Highlander Silver Corp. (TSX, NYSE American: HSLV) (“Highlander Silver” or the “Company”) is pleased to announce that it has executed a mandate letter with Natixis Corporate & Investment Banking (“Natixis CIB”) to lead a fully underwritten 7-year senior secured structured project finance facility of $330 million (the “Facility”) to fund the development and construction of the Corani Silver Project in Peru. The financing will be supported by a cost overrun facility of up to $100 million to be established prior to first draw and provided by the Company; final facility amounts will be subject to due diligence. As of June 30, the Company reported a cash balance of approximately $100 million and no debt.

Natixis CIB brings deep expertise in structuring project financing for large-scale mining developments, reinforcing the Corani Silver Project as a globally recognized, bankable asset. The execution of this mandate letter represents a major milestone in advancing towards a fully funded construction package.

Daniel Earle, President & CEO of Highlander Silver, commented:

“Highlander Silver is delighted to partner with Natixis CIB, which is widely regarded as one of the world’s leading project finance institutions, with a distinguished track record of financing successful development projects. The Facility represents a strong endorsement of the Corani Silver Project, providing high-quality capital that follows a rigorous multidisciplinary due diligence process across key technical, financial, environmental and social aspects of the project that set it apart from recent peer financings in the high-yield and convertible debt markets. Importantly, Highlander Silver has retained 100% of the offtake rights to the project to preserve optionality and maximize future value amidst an intensifying global competition for clean concentrates.”

The Facility is subject to completion of definitive documentation, which will include customary project finance terms, fees and conditions, credit approvals, and the completion of ongoing detailed technical, financial, environmental and social due diligence. Closing is expected in the first quarter of 2027.

About Natixis Corporate & Investment Banking

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide. As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor’s: A+, Moody’s: A1, Fitch: A+, R&I: A+).

On behalf of Highlander Silver

“Daniel Earle”
President and CEO

Information contact

Arun Lamba, Vice President Corporate Development
alamba@highlandersilver.com

About Highlander Silver

Highlander Silver is a high-quality silver-growth company developing a portfolio of advanced-stage assets in Peru which includes the bonanza-grade San Luis gold-silver project, which ranks among the 10 highest-grade projects globally in both gold and silver categories, and the Corani silver project, the largest silver deposit in development globally.¹ The Company also operates the Mercedes gold-silver mine in Mexico. Highlander Silver’s major shareholders include the Augusta Group, Lundin family, and Eric Sprott.

Forward-looking statements

Certain information contained in this news release constitutes “forward-looking information” under Canadian securities legislation. This includes, but is not limited to: statements regarding the Facility, including its anticipated amount, tenor, interest rate, spread and other terms; the timing and ability of the Company to complete and draw under the Facility; the completion of definitive documentation, ongoing due diligence; the establishment and amount of a cost overrun facility; the anticipated timing of closing; the use of proceeds of the Facility to fund development of the Corani Silver Project. Such forward looking information or statements can be identified by the use of words such as “anticipates”, “expects”, “intends”, “believes”, “plans”, “may”, “subject to” or “underway” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “will” be taken, occur, or be achieved. Forward-looking information is based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, including: that due diligence and definitive documentation will be completed on terms consistent with the mandate letter; the applicable conditions precedent will be satisfied; the cost overrun facility will be available on acceptable terms; and there will be no material adverse change affecting the Company, the Corani Silver Project or the financing markets. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such factors include, among others: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of precious and base metals; accident, labour disputes and other risks of the mining industry; delays in obtaining governmental or stock exchange approvals or financing; and risks related to the Facility, including that definitive documentation may not be completed on the terms contemplated or at all, ongoing due diligence may not be completed to the satisfaction of Natixis CIB, conditions precedent may not be satisfied, the cost overrun facility may not be established on acceptable terms or at all, closing or drawdowns under the Facility may be delayed or may not occur, interest rates may change, or project costs may increase, or the development of the Corani Silver Project may be delayed, cost more than anticipated or be adversely affected by technical, environmental, social, permitting, construction or other development risks. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this news release. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. Accordingly, the reader is cautioned not to place undue reliance on forward-looking information.

^{1 S&P Global rankings including the Corani silver project and San Luis gold-silver project.}

HANGZHOU, China, Sept. 23, 2026 (GLOBE NEWSWIRE) — On September 22, CaoCao Inc. (“CaoCao” or the “Company”) announced a partnership with Qwen AI Glasses at the 2026 Apsara Conference. The two parties will jointly launch an AI ride-hailing service featuring hands-free, near-eye interaction. Following integrations with Doubao Mobile Assistant, HONOR YOYO and OPPO Breeno, CaoCao is further expanding its on-device AI hardware service ecosystem, extending its ride-hailing services to smart wearable devices.

The partnership creates a complete closed loop of “device sensing + model understanding + service fulfillment”: Qwen AI Glasses sense user needs and provide trip-related prompts, the Qwen foundation model breaks down and matches those needs, and CaoCao ultimately fulfills the mobility service in the physical world.

To use the ride-hailing service, users simply put on Qwen AI Glasses and state their destination. The system can then automatically identify the pickup and drop-off locations, select the best route and get an estimate. During the trip, users can modify their destination or confirm the vehicle type for pickup at any time using voice commands. If they need to communicate with the driver, they can also initiate voice contact directly through the glasses. Key information, including the pickup vehicle and trip progress, is displayed as visual cards in the user’s field of view, keeping users informed throughout the journey.

On the technical side, the partnership adopts a two-layer architecture that combines MCP and Skill. CaoCao’s MCP Server is registered as a plugin on the Qwen Open Platform, exposing its full suite of mobility service capabilities to the platform. Interaction logic is handled by a Qwen AI Glasses Skill, which can flexibly orchestrate service calls, voice output and on-screen presentation for different use cases. This two-layer design allows CaoCao to focus on updating its mobility service capabilities, while the Qwen Open Platform can independently optimize the interaction experience. Each side can iterate independently, delivering a smoother user experience.

Contact:
Jing Liu   
Jing.Liu3@caocaoglobal.com

SARATOGA SPRINGS, N.Y., Sept. 23, 2026 (GLOBE NEWSWIRE) — Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for its fourth quarter and fiscal year, ended June 30, 2026.

For the fiscal year ended June 30, 2026, the Company reported net sales of $46,124,325 compared with $43,950,872 for the fiscal year ended June 30, 2025. Net income for the year was $11,179,759, $3.89 per diluted share, compared with net income of $8,142,954, $3.02 per diluted share, for the fiscal year ended June 30, 2025. At June 30, 2026, the backlog was $134.9 million, compared to last year’s backlog of $139.7 million at June 30, 2025.

For the fourth quarter ended June 30, 2026, net sales were $13,471,891 compared with prior year’s fourth quarter net sales of $9,596,194. The net income for the fourth quarter ended June 30, 2026 was $3,340,152, $1.15 per diluted share, compared with net income of $2,931,651, $1.05 per diluted share, for the corresponding period last year.

Mr. David O’Neil, President and CEO, commented,

This past year’s results were unprecedented as we delivered record revenue and gross profits, driven by our team’s strong operational execution. Building on our recent success, we will continue investing heavily in our people and our programs to drive the best results possible. I am incredibly grateful to our team for their dedication, and to our shareholders for their ongoing trust.

Espey’s primary business is the development, design, and production of specialized military and industrial power supplies/transformers. The Company can be found on the Internet at www.espey.com.

For further information, contact Ms. Kaitlyn O’Neil at invest@espey.com.

^{This press release may contain certain statements that are “forward-looking statements” and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company’s current expectations or beliefs concerning future events. The matters covered by these statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.}

To Nasdaq Copenhagen A/S

Executive Management Bernstorffsgade 40 DK-1577 København V www.rd.dk Telephone +45 7012 5300 23 September 2026

Company Announcement

Breakdown of debtors, Realkredit Danmark A/S

Pursuant to §24 of the Capital Markets Act, Realkredit Danmark A/S hereby publishes breakdown of debtors as of Friday 18 Sep 2026. Please find the data in the attached file.

The information will also be available on www.rd.dk.

Yours sincerely

The Executive Management

Any additional questions should be addressed to Hella Gebhardt Rønnebæk, Chief Analyst, phone +45 4513 2068.

Attachment

• 20260923 Bilag

SINGAPORE and NEW YORK, Sept. 23, 2026 (GLOBE NEWSWIRE) — PT Garuda Maintenance Facility Aero Asia Tbk (GMF), part of Garuda Indonesia Group, and FTAI Aviation Ltd. (Nasdaq: FTAI) have strengthened their strategic collaboration to build a long-term partnership focused on expanding GMF’s Engine and APU maintenance capacity and capabilities, while strengthening its market presence across Asia-Pacific. The collaboration will initially cover CFM56-5B and CFM56-7B engines and GTCP131-9 series APUs, with guaranteed capacity for FTAI over the next five years. The strategic collaboration was formalized during MRO Asia-Pacific 2026 at Singapore EXPO, Singapore.

Building on an existing relationship in which GMF provides engine maintenance services for FTAI, the strategic partnership provides a foundation to progressively expand into deeper module and piece-part capabilities and next-generation engines, including CFM LEAP.

Andi Fahrurrozi, GMF CEO, stated, “This collaboration responds to growing engine maintenance demand from FTAI, its customers, and the broader aviation market across the region by leveraging GMF’s existing MRO capabilities and capacity. Supported by the technical expertise of both parties, this collaboration will enable us to broaden our customer base across Asia-Pacific and globally, while progressively strengthening our capabilities and capacity to meet evolving market needs.”

“GMF has been a trusted engine maintenance partner to FTAI and this collaboration builds on that relationship with dedicated capacity for our customers across the Asia-Pacific,” said David Moreno, President of FTAI. “The region is home to a large and growing share of our customer base. Bringing committed engine volumes to GMF puts maintenance capacity closer to those customers with faster turnaround times. Backed by an established facility, a skilled workforce and FTAI’s technical support, GMF is well positioned to expand into module and piece-part repair and help extend the life of the CFM56 engine.”

With its existing facility, qualified technicians and engineers, quality systems, tools, and equipment, GMF provides an established MRO platform for the partnership. FTAI’s technical expertise and training support will reinforce GMF’s technical capabilities and manpower development. At the same time, the additional workload generated by FTAI and its customers will create further opportunities to accelerate the expansion of the engine maintenance business.

The collaboration is also expected to strengthen the engine MRO supply chain by improving access to materials, spare parts, and components, while creating opportunities to enhance availability and cost.

Looking ahead, the strategic collaboration opens opportunities for GMF to serve as a key regional MRO partner for FTAI and its customers across the Asia-Pacific, with a shared long-term vision to build a competitive and sustainable engine maintenance business

“This collaboration is designed to address customer needs for maintenance slot availability, improved turnaround times, consistent quality, and flexibility. We aim to deliver more competitive MRO solutions for customers across the region. Together with FTAI, we also look forward to exploring broader strategic collaboration opportunities beyond our existing business,” Andi concluded.

About GMF

PT Garuda Maintenance Facility Aero Asia Tbk (GMF) is a company engaged in aircraft maintenance, repair, and overhaul (MRO), as well as industrial services. As Indonesia’s largest MRO provider, GMF brings 77 years of experience in the aviation industry. GMF was initially established as the Technical Division of PT Garuda Indonesia (Persero) Tbk at Soekarno-Hatta International Airport. GMF has served more than 190 customers from over 70 countries worldwide. In conducting its business activities, GMF has obtained certifications from aviation authorities in more than 30 countries, including the Federal Aviation Administration (FAA) of the United States, the European Union Aviation Safety Agency (EASA), and the Directorate General of Civil Aviation (DGCA) of Indonesia. In 2017, GMF became a publicly listed company on the Indonesia Stock Exchange under the ticker code GMFI. Today, GMF is expanding its business into power services, the defense industry, and aerostructure. Through these expansions, GMF aims to realize its vision of becoming the most valuable MRO company by delivering integrated and reliable maintenance solutions as part of its contribution to the nation.

About FTAI

FTAI combines advanced turbine technology and asset ownership to power the world’s most essential markets. Additional information is available at https://www.ftaiaviation.com.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to expansion into deeper module and piece-part capabilities and next-generation engines, including CFM LEAP, to broaden GMF’s customer base across Asia-Pacific and globally, while progressively strengthening capabilities and capacity to meet evolving market needs, creation of further opportunities to accelerate the expansion of the engine maintenance business, strengthening the engine MRO supply chain by improving access to materials, spare parts, and components, while creating opportunities to enhance availability and cost, and opening opportunities for GMF to serve as a key regional MRO partner for FTAI and its customers across the Asia-Pacific. These statements are based on GMF’s and FTAI’s management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond GMF’s and FTAI’s control. GMF and FTAI can give no assurance that their respective expectations will be attained and such differences may be material. Accordingly, you should not place undue reliance on any forward-looking statements contained in this press release. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in FTAI’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available on FTAI’s website (www.ftaiaviation.com). In addition, new risks and uncertainties emerge from time to time, and it is not possible for GMF and FTAI to predict or assess the impact of every factor that may cause actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this press release. GMF and FTAI expressly disclaim any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in GMF’s and FTAI’s expectations with regard thereto or change in events, conditions, or circumstances on which any statement is based. This release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. Nothing on FTAI’s website is included or incorporated by reference herein.

GMF Media Contact:

Khairani Windyaningrum
Corporate Communications & CSR Division Head
P: +62 822 1667 8282
E: khairani@gmf-aeroasia.co.id / corporatecommunications@gmf-aeroasia.co.id

FTAI:

Charlie Arestia
Investor Relations
(646) 276-4418
ir@ftaiaviation.com

Media:
Tim Lynch / Kelly Sullivan
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

MIGDAL HAEMEK, Israel, – Sept 23, 2026 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry for high-value analog semiconductor solutions, today announced its 2026 Technical Global Symposium (TGS), to be held on November 17, 2026, in Santa Clara, California, USA. Bringing together customers, partners and industry leaders, the event will explore technologies and market trends driving and shaping the evolution of AI infrastructure, high-performance computing, advanced connectivity, and intelligent sensing. Attendees will have the opportunity to engage directly with Tower’s executive leadership, technology experts, and ecosystem partners.

Following the highly successful 2026 Technical Global Symposium in Shenzhen, China, the U.S. event marks Tower’s second Technical Global Symposium of the year, underscoring the Company’s commitment to deep global customer engagement, industry collaboration and technology leadership across key semiconductor markets.

The event will feature a CEO keynote session highlighting the Company’s growth, strategic roadmap, and pivotal role in today’s semiconductor landscape, as well as an executive industry panel featuring senior leaders from leading technology companies. Featured panelists include Oliver Sun, CTO, Terahop; Hong Liu, VP & Fellow, Google AI22; Julie Sheridan Eng, CTO, Coherent; and Andy Bechtolsheim, Founder and Chief Architect, Arista.

The panel will examine the evolution of next-generation data center architectures and the technologies enabling the rapid expansion of AI-driven infrastructure. Panelists will share perspectives on the opportunities, challenges, and semiconductor innovations required to support future computing and connectivity demands.

Technical sessions led by Company executives will showcase Tower’s advanced and differentiated process technologies, including its market-leading, high-volume silicon photonics (SiPho), SiGe, RF and RF SOI, power management, sensors and displays platforms. Participants will gain insights into the last technology developments, future platform roadmaps and emerging applications shaping key high-growth markets.

For additional information, the agenda, and registration details, please visit the event webpage here.

About Tower Semiconductor

Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiPho, SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, and integrated power management (BCD and 700V). Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor currently owns one operating facility in Israel (200mm), two in the U.S. (200mm), and two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo and shares a 300mm facility in Agrate, Italy with STMicroelectronics. For more information, please visit: www.towersemi.com.

Safe Harbor Regarding Forward-Looking Statements
This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect Tower’s business is included under the heading “Risk Factors” in Tower’s most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were filed with the Securities and Exchange Commission (the “SEC”) and the Israel Securities Authority. Tower does not intend to update, and expressly disclaim any obligation to update, the information contained in this release. 

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Tower Semiconductor Company Contact: Orit Shahar | +972-74-7377440 | oritsha@towersemi.com
Tower Semiconductor Investor Relations Contact: Liat Avraham | +972-4-6506154 | liatavra@towersemi.com

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• TGS 2026_PR_Final_F

Wednesday, September 23, 2026

Dear Shareholders and Investors,

I am very pleased to inform you that the market conditions for our vessels continue to be exceptionally solid. We expect this development to continue.

We have previously informed you about the high freight rates that we enjoy.

This unprecedented development continues. The closing or opening of the Strait of Hormuz does not impact the NAT operations in any way. The essential measure for NAT, is ton-mile, i.e., transportation work. The NAT ships are needed.

Lower and decreasing price of oil, is an advantage for NAT. The lower the price, the better.

The main question is the safe transportation of oil, and the demand for our ships is critical. How much oil do NAT carry and over how long distances?

NAT has a strong relationship with the largest oil companies in the world. This is  essential for our success. They have confidence in us, our crews and in the quality of our vessels.

For further information on Nordic American Tankers, please see our web page www.nat.bm 

Sincerely,

Herbjorn Hansson
Founder, Chairman & CEO

Nordic American Tankers Ltd.                                                        www.nat.bm

 

Contacts:       

Bjørn Giæver, CFO                                                             
Nordic American Tankers Ltd                                             
Tel: +1 888 755 8391                                  

Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171