Monthly Archives: July 2018

Globecomm growth continues across crucial industry markets for Fiscal 2018

Highlights

  • Total orders valued at over $215 million achieved for FY18
  • Government orders dominated by DoD, also included new contracts from select civil and foreign affairs agencies
  • Award-winning Asset Tracking IoT Platform contributed to growth in the oil and gas segment while 5G preparation enhanced cellular backhaul services demand within telecom

HAUPPAUGE, N.Y., July 31, 2018 (GLOBE NEWSWIRE) — Globecomm, a leading global service provider of multi-network communication solutions, today announced orders valued at over $215 million for its fiscal year 2018, which ended June 30, 2018. Orders from new customers as well as renewals and expansions contributed to robust growth across the company’s government, telecom, enterprise, oil and gas, and media markets.

Globecomm’s new projects for the U.S. government include fixed and transportable satellite communication (SATCOM) terminals as well as VSAT broadcast and wireless services. Securing these projects reinforces Globecomm’s leadership as a one-stop shop for designing, integrating, and delivering network connectivity.

As the industry prepares for the rollout of 5G, Globecomm has experienced an increased demand for its cellular backhaul services. The company’s award-winning Internet of Things (“IoT”) Platform for asset tracking solutions has also gained traction within the maritime and oil and gas markets. The company recently sold 10,000 tracking devices in the energy market and expects large multiples in the future where opportunities exist for hundreds of thousands of assets that need tracking. Furthermore, thanks to its continued focus on customer satisfaction, the company has received significant contract extensions and add-ons in managed services across government, enterprise, media, and maritime markets.

“Globecomm’s vision has always been driven by relationships, understanding our customers’ needs and delivering customer-centric, innovative global communication solutions,” said Chief Executive Officer Jason Juranek. “By combining adaptive, industry-leading expertise and a ‘get-it-done’ attitude to deliver exceptional value, we continuously find ways to exceed our customers’ expectations while guiding them through their business and connectivity requirements with ingenuity and passion.”

About Globecomm

Globecomm is a trusted global connectivity partner for designing, managing and distributing voice, video and data solutions the most remote locations on Earth — under the most treacherous conditions. The company’s multi-network satellite, fiber and cellular infrastructure is the backbone of mission-critical RF and IP communications for government, maritime, media, enterprise and oil & gas markets in over 100 countries. In addition to operating managed network and hosted switch services, Globecomm designs and integrates complete enterprise communications and data management systems including Internet of Things applications and on-premise and cloud-based enterprise video platforms. We proudly serve U.S. government and NGOs around the world with Morale, Welfare and Recreation (MWR) services, and assist with enterprise and government disaster relief efforts.

Headquartered in Hauppauge, NY, Globecomm has locations in Maryland, New Jersey, Virginia, the Netherlands, South Africa, Germany, Singapore, Hong Kong, the United Arab Emirates, Indonesia and Afghanistan. www.globecomm.com

Contact Information:
Peggy Stalhut; peggy.stalhut@globecomm.com

WillScot Announces Closing of Common Stock Offering

BALTIMORE, July 30, 2018 (GLOBE NEWSWIRE) — WillScot Corporation (Nasdaq: WSC) (“WillScot”), a specialty rental services market leader providing innovative modular space and portable storage solutions across North America, today announced the closing of its previously announced underwritten public offering (the “Offering”) of 8,000,000 shares of its Class A common stock, par value $0.0001 (“Common Stock”) at a price to the public of $16.00 per share. In connection with the Offering, WillScot has granted the underwriters an option for 30 days to purchase up to an additional 1,200,000 shares of its Common Stock sold at the public offering price, less the underwriting discount.

The gross proceeds of the Offering are approximately $128.0 million. WillScot intends to use the net proceeds to fund, in part, the purchase price of its pending acquisition (the “ModSpace Acquisition”) of Modular Space Corporation (d/b/a “ModSpace”). WillScot expects to fund the balance of the purchase price and pay related fees and expenses with the net proceeds from debt financing. If, for any reason, the ModSpace Acquisition does not close, WillScot intends to use the net proceeds from the Offering for general corporate purposes.

Barclays, Deutsche Bank Securities, Morgan Stanley, BofA Merrill Lynch, Credit Suisse and ING were the joint book-running managers for the Offering. The Offering was made pursuant to an effective shelf registration statement, as amended, including a base prospectus, that was filed with the Securities and Exchange Commission (the “SEC”) and declared effective on April 3, 2018 and is available on the SEC website. A prospectus supplement and the accompanying base prospectus related to the Offering have been filed with the SEC on July 27, 2018 and are available on the SEC website. Copies of these documents may be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (telephone: (888) 603-5847 or email: Barclaysprospectus@broadridge.com), Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005 (telephone (800) 503-4611 or email: prospectus.cpdg@db.com), Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, and BofA Merrill Lynch, Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001 (email: dg.prospectus_requests@baml.com).

This press release is neither an offer to sell nor a solicitation of an offer to buy any of the shares of Common Stock or any other securities of WillScot, nor shall there be any sale of the shares of Common Stock or any other securities of WillScot in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words “estimates,” “expects,” “anticipates,” “believes,” “forecasts,” “plans,” “intends,” “may,” “will,” “should,” and variations of these words and similar expressions identify forward-looking statements, which are generally not historical in nature. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other important factors, many of which are outside our control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Although WillScot believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance that any such forward-looking statement will materialize. Important factors that may affect actual results or outcomes include, among others, our ability to timely satisfy or waive the conditions that must be timely satisfied or waived to close the ModSpace Acquisition; our ability to integrate assets and operations that we have acquired recently, or that we will acquire in the ModSpace Acquisition; our ability to manage growth and execute our business plan; our ability to realize synergies identified in the ModSpace Acquisition, or to realize such synergies as quickly as expected; our estimates of the size of the markets for our products; the rate and degree of market acceptance of our products; the success of other competing modular space and portable storage solutions that exist or may become available; our ability to raise the capital required to finance the ModSpace Acquisition, including the additional debt financing; rising costs adversely affecting our profitability; potential litigation involving our company; general economic and market conditions impacting demand for our products and services; implementation of tax reform; our ability to implement and maintain an effective system of internal controls; and such other risks and uncertainties described in the periodic reports we file with the SEC from time to time (including our Form 10-K for the year ending December 31, 2017). Any forward-looking statement speaks only at the date which it is made, and WillScot disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

About WillScot Corporation

Headquartered in Baltimore, Maryland, WillScot Corporation is the public holding company for the Williams Scotsman family of companies in the United States, Canada and Mexico. WillScot Corporation trades on the NASDAQ stock exchange under the ticker symbol “WSC.” WillScot is a specialty rental services market leader providing innovative modular space and portable storage solutions across North America. WillScot is the modular space supplier of choice for the construction, education, health care, government, retail, commercial, transportation, security and energy sectors. With over half a century of innovative history, organic growth and strategic acquisitions, its branch network includes over 100 locations, its fleet comprises nearly 100,000 modular space and portable storage units, and its customer base has grown to approximately 35,000.

Contact Information

Investor Inquiries:

Mark Barbalato
investors@willscot.com

Media Inquiries:

Scott Junk
scott.junk@willscot.com

EU Brings Relief To The Victims Of Xepian-Xe Nam Noy Dam Tragedy

The European Commission has mobilised EUR 200,000 (LAK 1.95 billion) in emergency relief for the families most affected by the collapse of a section of the Xepian-Xe Nam Noy hydropower dam in southern Lao PDR.

Heavy rainfall in the country over the past few days resulted in high river and dam levels. On the evening of July 23, an incident at the dam in Attapeu province resulted in flash flooding, which took the lives of 19 people, with over 130 still missing.

“The European Union will support the International Federation of the Red Cross in delivering vital assistance to those most affected by the tragedy. Our thoughts are with the families of the victims, as well as the brave first responders, the emergency services and the volunteers on the ground who are working tirelessly to help people in need,” said Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides.

The EU support will address the most urgent needs of the affected families, by providing shelter assistance, hygiene kits, housing repair kits, and drinking water. The EU funding is being made available via the European Commission’s Civil Protection and Humanitarian Aid Operations (ECHO) via its small scale respond fund.

According to UN estimates, the flooding has affected over 11,000 people and left more than 3,000 displaced.

Severe damage also occurred to property and infrastructures including roads, schools, hospitals, irrigation systems and agricultural fields. The Government of Lao PDR has declared the affected areas as National Disaster Area.

Source: Lao News Agency

Michael Conn ผู้ร่วมก่อตั้ง Ether Capital ร่วมงานกับ AXEL ในตำแหน่งประธานเจ้าหน้าที่ฝ่ายกลยุทธ์

อดีต CEO และผู้ก่อตั้ง Ether Capital สร้างสถิติทางการเงิน บล็อกเชน และสกุลเงินดิจิตอลที่ประสบความสำเร็จ

LAS VEGAS, July 30, 2018 (GLOBE NEWSWIRE) — AXEL บริษัทเทคโนโลยีที่ชนะรางวัลด้านการทำให้ผู้ใช้มีกรรมสิทธิ์และสามารถป้องกันข้อมูลและเนื้อหาดิจิตอลของตน ยินดีที่จะประกาศการแต่งตั้ง Michael Conn ในตำแหน่ง Strategy Officer (CSO) ซึ่งมีผลทันที Michael จะเป็นผู้นำความพยายามของบริษัทในการเปิดตัว AXEL Token ที่กำลังจะมาถึง รวมถึงการพัฒนาแพลตฟอร์มบล็อกเชนที่เป็นกรรมสิทธิ์ด้วย

“เรายินดีมากที่ Michael จะเข้าร่วมทีมที่กำลังเติบโตของเราที่ AXEL ประสบการณ์และความรู้ในแวดวงการเงินของเขา รวมถึงความชำนาญทางบล็อกเชนและสกุลเงินดิจิตอลจะมีค่าต่อเราเป็นอย่างยิ่งในการเปิดตัวธุรกิจบล็อกเชนที่มีความเสี่ยงของเรา” Ben Ow ประธานและ CTO ของ AXEL ตั้งข้อสังเกต “เรามองว่าเราเป็นผู้นำระดับโลกทางด้านความเป็นส่วนตัวและความปลอดภัย ด้วยแอพแชร์ไฟล์ที่เป็นผลิตภัณฑ์ที่ดีที่สุดของเราที่ได้สร้างความสะดวกสบายให้ผู้คนนับล้านทั่วโลกมาแล้ว ก้าวต่อไปของเราคือการดำเนินการขายเนื้อหาทั่วโลกด้วย AXEL Token และ AXEL Marketplace ของเรา ซึ่ง Michael จะมีบทบาทสำคัญในการริเริ่มนี้โดยใช้ภูมิหลังและความรู้ของเขาในภาคส่วนนี้ เราทุกคนรอคอยที่จะได้ร่วมงานกับเขา”

Michael Conn เป็นบุคลากรแถวหน้าในส่วนงานบล็อกเชนและสกุลเงินดิจิตอลมาเป็นเวลาหลายปี หลังจากปฏิบัติงานในตำแหน่งผู้บริหารอาวุโสให้กับสถาบันทางการเงินจำนวนมาก รวมถึง AllianceBernstein และ The TCW Group Michael ได้ก่อตั้ง Quail Creek Partners และยังร่วมก่อตั้งและปฏิบับัติงานในตำแหน่ง CEO ของ Ether Capital ด้วย Ether Capital เป็นบริษัทการค้าสาธารณะแห่งแรกที่มุ่งเน้นเอธิเรียมและได้สร้างรายได้ถึง 45 ล้านดอลลาร์ผ่านการขายหุ้นแบบเจาะจง ในตำแหน่งประธานเจ้าหน้าฝ่ายกลยุทธ์ของ Axel เขาจะรับผิดชอบในการเพิ่มกำไรในบล็อกเชนเชิงสถาบันและชุมชนสกุลเงินดิจิตอล รวมถึงดูแล Token Generation Event (TGE) ที่กำลังจะเกิดขึ้นและความเติบโตในอนาคตของ AXEL Token ด้วย

“ผมดีใจมากครับที่จะได้ร่วมงานกับทีม AXEL ในขณะที่กำลังจะเปิดตัวธุรกิจที่น่าตื่นเต้นนี้” คุณ Conn กล่าว “โอกาสที่จะเป็นส่วนหนึ่งของความพยายามในลักษณะขัดขวางที่แท้จริงไม่ได้มีกันบ่อยๆ และผมรอไม่ไหวแล้วที่จะเริ่มต้นและทำงานกับทีมที่น่ามหัศจรรย์นี้ รวมถึงทำงานเพื่อทำให้รากฐานในตลาดของ AXEL มั่นคงยิ่งขึ้น”

การตัดสินใจจ้างคุณ Conn เกิดขึ้นหลังจากที่ผู้มีบทบาทสำคัญใน AXEL ได้ค้นหาผู้มีคุณสมบัติที่สมบูรณ์แบบสำหรับตำแหน่งนี้อย่างถ้วนถี่ เขาเป็นผู้ที่เหมาะสมอย่างยิ่งด้วยกิตติศัพท์ที่ไม่เคยด่างพร้อยด้านความสำเร็จของผลประกอบการที่เขาทำไว้ในตำแหน่งก่อนหน้า

เกี่ยวกับ AXEL
นับตั้งแต่ปี 2012 ที่ AXEL ได้ให้คำมั่นสัญญาว่าจะทำให้ผู้ให้มีกรรมสิทธิ์ในข้อมูลของพวกเขาอย่างแท้จริง ด้วยโซลูชั่นเทคโนโลยีสิทธิบัตรที่ใช้งานง่ายและเปลี่ยนแปลงได้ตลอดเวลาสำหรับการแชร์ไฟล์ การเข้าถึง ความปลอดภัยและความเป็นส่วนตัว การถ่ายโอน การสตรีมและบูรณาการจากแพลตฟอร์มที่ปลอดภัย

ด้วยดำเนินงานในทวีปอเมริกาเหนือ ยุโรป และเอเชีย ทีมสมาชิกที่มีประสบการณ์กว่า 100 ทีมของบริษัทได้สร้างชุดผลิตภัณฑ์ซอฟต์แวร์กรรมสิทธิ์ที่มีผู้ใช้นับล้านคน พร้อมกับเทคโนโลยีสิทธิบัตรและแอพซึ่งใช้งานง่ายที่ทำงานได้ทั้งบน Windows, Mac, iOS และ Android

แพลตฟอร์ม AXEL ทำให้ผู้ใช้สามารถเชื่อมโยงเนื้อหาดิจิตอลทั้งหมดเข้ากับอุปกรณ์ทุกเครื่องของพวกเขา โดยไม่ต้องใช้แอพภายนอก ด้วยสิทธิบัตรเพิ่มเติมเกี่ยวกับการเข้าถึงแบบไม่พึ่งศูนย์กลางและความสามารถในการแชร์แบบส่วนตัว ทำให้ผู้ใช้ Tack App ของ AXEL และ AXEL Pay สามารถควบคุมและสร้างเงินจากเนื้อหาดิจิตอลได้ AXEL Marketplace ที่เสริมประสิทธิภาพด้วยเชนคู่ทั้งแบบส่วนตัวและสาธารณะจะทำให้ระบบนิเวศแบบไม่พึ่งศูนย์กลางนี้สมบูรณ์ และสร้างสถาพแวดล้อม Peer-to-Peer ที่ปลอดภัยที่เชื่อถือได้

หากต้องการทราบข้อมูลเพิ่มเติม โปรดไปที่ https://www.axeltoken.com และ www.axel.org.

ช่องทางติดต่อสำหรับสื่อ
Vsem Yenovkian, AXEL
media@axel.org
702-948-9770

Roberta Tsang, RTPR
roberta@rtprcomm.com

Global Dairy Platform Inc Announces Addition of China Mengniu Dairy Company CEO, Mr. Minfang (Jeffery) Lu to Board Of Directors

ROSEMONT, Ill., July 30, 2018 (GLOBE NEWSWIRE) — Global Dairy Platform (GDP), a pre-competitive collaboration of dairy sector organizations focused on encouraging the appropriate intake of nutrient-rich dairy foods and demonstrating the sector’s role in sustainable agriculture, today announced the addition of Mr. Minfang (Jeffery) Lu, Executive Director and the Chief Executive Officer of China Mengniu Dairy Company Limited, to GDP’s Board of Directors.

“We are delighted to welcome Jeffery Lu to our already strong Board. To attract a person with his background and Mengniu’s legacy of success to our collaboration is a testament to the vast opportunities we see GDP has to promote dairy’s contribution to better nutrition, empowering communities and sustainable agriculture,” said Mr. Theo Spierings, GDP Board Chair and Fonterra Chief Executive Officer.

“I am very excited to join the GDP Board of Directors. The dairy sector has a critical role in providing solutions to global health and development challenges,” stated Mr. Lu, “I look forward to contributing towards the success of GDP’s mission to align and support the dairy industry in promoting sustainable dairy nutrition.”

Mr. Lu was appointed Executive Director and Chief Executive Officer of China Mengniu Dairy Company Limited in 2016.  A member of GDP since 2013, China Mengniu Dairy Company Limited was GDP’s first member from China. The company is based in Inner Mongolia and is one of the leading dairy product manufacturers in China, with a diverse product range including UHT milk, milk beverages and yogurt, ice cream, and other dairy products such as milk powder and cheese.

Mr. Lu will serve on the board along with Mr. Spierings, Royal FrieslandCampina Chief Executive Officer Mr. Hein Schumacher, Dairy Farmers of America President and Chief Executive Officer Mr. Rick Smith, and Arla Foods Chief Executive Officer Mr. Peder Tuborgh.

Additional governance members are Dr. Margrethe Jonkman, Deputy Chair of the GDP Board and Chair of the Operational Committee, Corporate Director Research & Development, Royal FrieslandCampina; Dr. Judith Bryans, President, International Dairy Federation; Mr. Miles Hurrell, Chief Operating Officer-Farm Source, Fonterra Co-operative Group Limited; Mr. Jerry Kaminski, Executive Vice President, Chief Operating Officer, International, Land O’Lakes, Inc.; Ms. Hanne Sondergaard, Executive Vice President and Chief Marketing Officer, Marketing & Innovation, Arla Foods amba; Mr. Jay Waldvogel, Senior Vice President of Strategy and International Development, Dairy Farmers of America, Inc.

About Global Dairy Platform
Established in 2006, GLOBAL DAIRY PLATFORM’s membership of dairy companies, associations, scientific bodies and other partners collaborate pre-competitively to promote the necessary intake of nutrient-rich dairy products, build evidence on dairy’s role in the diet, and show the sector’s commitment to responsible and sustainable food production. Together, the collaboration aims to demonstrate dairy’s contribution to global food systems, healthy diets, and sustainable livelihoods.  Visit www.globaldairyplatform.com for more information.

Media Contacts:
GDP
Mr. Jerreau Beaudoin
+1 847 627 3387
Jerreau.beaudoin@globaldairyplatform.com

MENGNIU
Mr. Xiaodong, Ji
+86 186 1168 9793
jixiaodong@mengniu.cn

RFA Accelerates Growth with Expansion in Luxembourg

RFA announces new private financial cloud in Luxembourg to accelerate growth and accommodate increased demand in technology regulation and cybersecurity

LUXEMBOURG, July 30, 2018 (GLOBE NEWSWIRE) — RFA, a next-gen managed IT service provider for the financial industry, announces a new private financial cloud in Luxembourg. This expansion allows RFA to accommodate accelerated growth in Europe and offer a portfolio of high quality private cloud services to both its existing and new financial services clients in Luxembourg, Madrid, Paris, and the wider region.

Along with the London office, the new office doubles RFA’s footprint in Europe and further bolsters the company’s growth strategy. RFA has two highly secure, tier-one data centres in Luxembourg which meet the ISO27001 and SSAE16/Type II standards, which is key for firms regulated by the Commission de Surveillance du Sector Financier (CSSF). RFA is now ideally placed to provide a range of services to clients in this region, and offer fully managed private cloud, infrastructure-as-a-service and secure multi-cloud services, which allow clients to take advantage of the flexibility and scalability of public cloud services, whilst enjoying the security and direct control of the private cloud.

RFA’s clients in Luxembourg also benefit from exceptional levels of support, with industry-leading response times and 24/7 connection to live assistance or onsite support when required.

“We’ve seen tremendous growth from new and existing clients,” said Yohan Kim, President and COO of RFA. “We’re excited to add to our ever expanding European teams; this area is abundant with diverse talent.” George Ralph, Managing Director, states: “this expansion of the RFA portfolio will help us to further enhance our workflow automation services, cloud management and security offerings, as well as increase our ability to service our current clients across Europe and give us the opportunity to develop future client relationships in the new market.”

About RFA
Founded in 1989, RFA is the trusted technology partner to 700+ clients globally, with $900+ Billion AUM. Offering a full range of technology solutions, global data center operations, and industry-leading service, RFA serves the IT and Technology needs of the Financial sector. RFA delivers scalable, reliable and secure enterprise-grade technology infrastructure by combining a seasoned executive team, carefully vetted engineers, and trusted partner companies. RFA is headquartered in New York City and London (EMEA) with operations in New York, Connecticut, New Jersey, Massachusetts, California, and Luxembourg.

George Ralph
Managing Director
gralph@rfa.com

WillScot Announces $300 Million Senior Secured Notes Offering

BALTIMORE, July 30, 2018 (GLOBE NEWSWIRE) — WillScot Corporation (Nasdaq: WSC) (“WillScot”), a specialty rental services market leader providing innovative modular space and portable storage solutions across North America, today announced that its indirect subsidiary, Mason Finance Sub Inc. (“Issuer”), plans to offer up to $300 million in aggregate principal amount of senior secured notes due 2023 (the “Notes”). WillScot intends to use the offering proceeds, together with funds from other sources, to finance its pending acquisition of Modular Space Holdings, Inc. (the “ModSpace Acquisition”) and to pay related fees and expenses.

The Issuer, a wholly-owned subsidiary of Williams Scotsman International, Inc. (“WSII), was formed to issue notes to help finance the ModSpace Acquisition. If the offering is consummated, the initial purchasers will deposit the gross offering proceeds into an escrow account. Upon consummation of the ModSpace Acquisition and the satisfaction of other conditions, the escrowed proceeds will be released to fund the cash consideration payable by WSII in the ModSpace Acquisition and to pay related fees and expenses. Upon closing the ModSpace Acquisition, the Issuer will also merge with and into WSII, with WSII continuing as the surviving corporation, and WSII will assume the obligations of the Issuer under the Notes and the indenture governing the Notes. If the ModSpace Acquisition is not completed by a specified date or certain other events occur, the Notes will be subject to a special mandatory redemption.

The Notes are being offered in a private placement transaction to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in accordance with Regulation S under the Securities Act. The Notes will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.  This press release does not constitute an offer to sell any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer or sale would be unlawful.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words “estimates,” “expects,” “anticipates,” “believes,” “forecasts,” “plans,” “intends,” “may,” “will,” “should,” and variations of these words and similar expressions identify forward-looking statements, which are generally not historical in nature. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other important

factors, many of which are outside our control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Although WillScot believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance that any such forward-looking statement will materialize. Important factors that may affect actual results or outcomes include, among others, our ability to timely satisfy or waive the conditions that must be timely satisfied or waived to close the ModSpace Acquisition; our ability to integrate assets and operations that we have acquired recently, or that we will acquire in the ModSpace Acquisition; our ability to manage growth and execute our business plan; our ability to realize synergies identified in the ModSpace Acquisition, or to realize such synergies as quickly as expected; our estimates of the size of the markets for our products; the rate and degree of market acceptance of our products; the success of other competing modular space and portable storage solutions that exist or may become available; our ability to raise the capital required to finance the ModSpace Acquisition, including the additional debt financing; rising costs adversely affecting our profitability; potential litigation involving our company; general economic and market conditions impacting demand for our products and services; implementation of tax reform; our ability to implement and maintain an effective system of internal controls; and such other risks and uncertainties described in the periodic reports we file with the SEC from time to time (including our Form 10-K for the year ending December 31, 2017). Any forward-looking statement speaks only at the date which it is made, and WillScot disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

About WillScot Corporation

Headquartered in Baltimore, Maryland, WillScot Corporation is the public holding company for the Williams Scotsman family of companies in the United States, Canada and Mexico. WillScot Corporation trades on the NASDAQ stock exchange under the ticker symbol “WSC.” WillScot is a specialty rental services market leader providing innovative modular space and portable storage solutions across North America. WillScot is the modular space supplier of choice for the construction, education, health care, government, retail, commercial, transportation, security and energy sectors. With over half a century of innovative history, organic growth and strategic acquisitions, its branch network includes over 100 locations, its fleet comprises nearly 100,000 modular space and portable storage units, and its customer base has grown to approximately 35,000.

Contact Information

Investor Inquiries:

Mark Barbalato
investors@willscot.com

Media Inquiries:

Scott Junk
scott.junk@willscot.com

Ether Capital Co-Founder Michael Conn Joins AXEL as Chief Strategy Officer

Former CEO and Co-Founder of Ether Capital brings a successful track record in finance, blockchain and cryptocurrency

LAS VEGAS, July 30, 2018 (GLOBE NEWSWIRE) — AXEL, the award winning technology company providing users with true ownership and protection over their digital data and content, is pleased to announce the appointment of Michael Conn to the role of Chief Strategy Officer (CSO), effective immediately. Michael will help lead the efforts in the company’s upcoming launch of AXEL Token and development of its proprietary blockchain platform.

“We’re excited Michael is joining our growing team at AXEL. His years of experience and knowledge in the financial industry, as well as expertise in blockchain and cryptocurrency will be extremely valuable as we launch our own blockchain venture,” notes Ben Ow, President and CTO of AXEL. “We consider ourselves a leader in the privacy and security world with our flagship file sharing app that’s already enjoyed by millions of people globally. Our next step is to take on the content selling world with our AXEL Token and AXEL Marketplace, and Michael will be a huge part of this initiative, given his background and knowledge of this sector. We’re all looking forward to working with him.”

Michael Conn has been at the forefront of the blockchain and crypto space for many years. After serving in senior executive roles with a variety of financial institutions including AllianceBernstein and The TCW Group, Michael founded Quail Creek Partners, and also co-founded and served as CEO of Ether Capital. Ether Capital was the first Ethereum-focused publicly traded company and it raised $45 million through a private placement. As Chief Strategy Officer of AXEL, he will be responsible for advancing interest in the institutional blockchain and crypto community and overseeing the upcoming Token Generation Event (TGE), as well as the future growth of the AXEL Token.

“I couldn’t be more excited to join the AXEL team as they launch this exciting business,” said Mr. Conn. “You don’t always get the opportunity to be part of a truly disruptive endeavour, and I can’t wait to get started and work with this wonderful team, and contribute to enhancing AXEL’s foothold on the market.”

The decision to hire Mr. Conn came after an extensive search by AXEL’s principals to find the ideal candidate for this position. He comes highly recommended, and with an impeccable reputation for the successful results he has achieved in previous roles.

About AXEL
Since 2012, AXEL has been committed to providing users with true ownership over their data with dynamic, easy-to-use, patented technology solutions for file sharing, access, security and privacy, transfer, streaming and integration, from one secure platform.

With operations in North America, Europe and Asia, the company’s veteran 100+ member team has built a suite of proprietary software products already used by millions of people, with patented technology and a user-friendly app that works across Windows, Mac, iOS and Android.

The AXEL platform allows users to link all digital content across all of their devices, without using a third-party. With additional patents on decentralized access and private sharing capabilities, AXEL’s Tack App and AXEL Pay enable users to control and monetize their digital content. The AXEL Marketplace, powered by a dual public and private chain, will complete this decentralized ecosystem, making it a secure, trusted peer-to-peer environment.

For more information, please visit https://www.axeltoken.com and www.axel.org.

Media Contacts
Vsem Yenovkian, AXEL
media@axel.org
702-948-9770

Roberta Tsang, RTPR
roberta@rtprcomm.com