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Sirva Appoints Carlyn Taylor as Chief Executive Officer

OAKBROOK TERRACE, Ill., Feb. 4, 2025 /PRNewswire/ — Sirva Worldwide, Inc. (“Sirva” or the “Company”), a leading global relocation and moving services provider, today announced the appointment of Carlyn Taylor as Chief Executive Officer and a member of the Board of Directors, effective immediately. Taylor succeeds Tom Oberdorf, who is retiring.

Taylor joins Sirva from FTI Consulting, where she served as Chief Growth Officer and Global Co-Leader of Corporate Finance. During her tenure at FTI, Taylor led the firm’s strategy, business transformation and transactions practices globally, coordinated firm-wide initiatives focused on artificial intelligence and other technologies, and championed a variety of professional development and culture-building programs at the highest levels of the organization.

“Under Tom’s leadership, Sirva has established a truly global footprint, the richest portfolio of flexible relocation and household goods services, best-in-class technology solutions, and a significantly strengthened balance sheet,” said Linda Galipeau, Chairman of the Sirva Board of Directors. “On behalf of the entire Board, I thank him for his dedication to Sirva over the last 13 years and wish him the best in his retirement.”

Galipeau continued, “As we begin this new chapter, our Board is confident that Carlyn is uniquely qualified to guide Sirva’s next phase of growth and innovation. She is a results-oriented leader, who deeply understands the nuances of running a global business, the power of technology to enhance client service and the importance of building empowered teams able to execute at speed and scale.”

Taylor stated, “Sirva’s brand and platform are unmatched in our industry, and I am confident there are even more opportunities to extend our leadership, further differentiate our client service, enhance our agent partnerships and otherwise build on all the hard work that has gotten Sirva to where it is today. It is a privilege to join the Sirva team at such an exciting inflection point, and I look forward to all we will achieve together.”

Oberdorf said, “It has been a privilege to lead Sirva as CEO for the last seven years, and I am extremely proud of what we have accomplished in that time. Sirva is now the leader in our industry, with a strong balance sheet and an unmatched global team. Onboarding Carlyn is the final piece of the puzzle before I can begin my retirement with confidence Sirva is poised for long term success and positioned to thrive.”

About Carlyn Taylor

With over 30 years’ experience in strategy, business transformation and transactions, Taylor brings a wealth of financial and operating expertise to her role at Sirva, along with a clear track record building winning teams on a global scale, leading growth and driving innovation.

In her eight years as Global Co-Leader of FTI’s Corporate Finance segment, the division grew Revenue and EBITDA at a 13% CAGR, almost double the rest of the firm, quickly becoming the growth engine of FTI and the largest division by far.  During the years Taylor co-led Corporate Finance, the stock increased 6.5X, creating immense value for shareholders and employees.  Key growth drivers she led included helping the firm establish more than 20 sector specialties, starting the Private Equity practice, making global tuck-in acquisitions, launching the firm’s strategy practice, and driving innovation and technology initiatives.

In 2023, Taylor added the role of Chief Growth Officer to her extensive leadership portfolio. In this capacity, she connected teams across geographies and disciplines to deliver more holistic, value-maximizing solutions for clients with greater speed and scale. Most notably, Taylor led the firm’s global artificial intelligence strategy and firmwide innovation and digital growth initiatives.

Taylor also invested considerable time building the firm’s culture. She co-founded an Employee Resource Group to champion the role of women in the firm and spearheaded learning and development programs at the seniormost levels.

Before her time at FTI, Taylor was a partner at PricewaterhouseCoopers (PwC), where she founded and led the Telecommunication Industry practice within the Financial Advisory Services group. She started her career as a Consultant at Price Waterhouse.

A valedictorian graduate of the University of Southern California, Taylor earned a B.S. and M.A. in Economics. She is also a Certified Public Accountant, is Certified by the National Association of Corporate Directors, is accredited in Business Valuation by the AICPA, and held securities licenses from FINRA for 17 years. Taylor currently serves on two public Boards, Flowserve Corporation and the Hain Celestial Group.

About Sirva

Sirva is a global leader in relocation and moving services, offering solutions for the employee relocation industry. With 78 locations servicing 190+ countries, we offer an unparalleled global footprint supported by extensive product offerings and robust technology solutions that support organizations’ global and diverse workforces. From relocation and household goods to commercial moving and storage, our portfolio of Brands (Including Sirva, Allied, northAmerican, Global Van Lines, Alliance, Sirva Mortgage and SMARTBOX) provide a superior relocation and moving experience to both corporate and consumer clients. Sirva is a leading global moving and relocation provider offering solutions for relocation of any size, frequency, and complexity.

Media Contact:
FGS Global for Sirva
Sirva@fgsglobal.com

Carlyn Taylor
Carlyn Taylor

 

MDP+, Launches Aid Campaign for Victims and Firefighters of LA Wildfires

  • Donates skincare products and specialized skin repair kits to local residents and firefighters
  • Ongoing efforts to support relief work in collaboration with the local community

SEOUL, South Korea, Feb. 4, 2025 /PRNewswire/ — MDP+, a global dermocosmetic brand, has launched a campaign to aid wildfire victims and firefighters in Los Angeles, promoting skin health recovery for local residents while expressing gratitude to the firefighters battling the fires.

The skincare kit for local residents offers exceptional skin recovery benefits, helping to soothe and restore damaged skin while providing daily protection against external stressors. Requests for the kit can be made via MDP+’s official Instagram account for the U.S. (@MDP_usa).

In addition, specialized restoration kits will be sent to key fire stations across LA to honor the dedication of firefighters. Ample quantities will be provided to ensure they reach both firefighters and residents nearby.

“We offer our deepest sympathies to those affected by the wildfires in LA, and we hope our donation helps support their well-being and return to normal life. Additionally, we would like to express our heartfelt gratitude to the firefighters for their tireless efforts on the front lines to suppress the fires,” commented a representative from MDP+.

MEDIPEEL has entered the U.S. market with its export-exclusive brand “MDP+” and is committed to contributing to local communities as a socially responsible global business by engaging in diverse social contribution activities both domestically and internationally.

MEDIPEEL is the flagship brand of SKINIDEA, which is under MDP Holdings (CEO Michael Chung), a portfolio company of Morgan Stanley PE Asia (MSPEA). SKINIDEA is recognized for its innovative products integrating premium ingredients and patented dermatological technology. Exporting to over 75 countries worldwide, SKINIDEA develops high-performance skincare solutions through comprehensive research and clinical trials, ensuring both instant and long-lasting improvements tailored to various skin types.

Abyss Solutions Signs Research and Development Contract with Petrobras

HOUSTON, Feb. 3, 2025 /PRNewswire/ —  Abyss Solutions, a global leader in autonomous inspection technology, is proud to announce the signing of a groundbreaking research and development contract with Petrobras. The partnership focuses on the development of an innovative image contextualization and enrichment service capable of aggregate engineering and operational metadata. This solution will address the challenges posed by incomplete input data, ensure scalability across Petrobras’ fleet with minimal processing time, and seamlessly integrate with the ecosystem of solutions under development by Petrobras for digital asset integrity management, Ativo360, already deployed across its fleet.

Work on the contract is set to commence in January 2025.

Since its founding over a decade ago, Abyss Solutions has pioneered industry-leading solutions for scalable inspections in the energy, marine, and critical infrastructure sectors. The company’s foundation is built on unparalleled technical expertise, a robust intellectual property portfolio, and a globally recognized team excelling in computer vision, machine learning, sensing, software engineering, and artificial intelligence.

“This new award strengthens our diverse portfolio of projects with major energy companies and demonstrates our long-term commitment to the Brazilian market, providing innovative and efficient solutions to meet our clients’ needs”, said Paulo Martins, Regional Director for South America.

“The expected capability provided by Abyss Solutions, involving the automatic identification of scene elements based on all the information available in Ativo360 digital assets, will enhance the significant benefits of the solution, including reduced MHER (man hours exposed to risk) in activities reliant on field dimensional surveys and inspections. Additionally, the solution aims to lower OPEX (operational expenditures) through improved maintenance planning and reduced demand for support vessels during production stops, thanks to more efficient activity scheduling. The service will initially cover Petrobras’ entire fleet of offshore platforms, with potential expansion to onshore assets in the future”, says Lucas Castelli, Petrobras Ocean Engineering R&D Manager

THE ROYAL CANADIAN MINT’S COMMEMORATING BLACK HISTORY SILVER COIN SERIES HONOURS THE VANCOUVER COMMUNITY OF HOGAN’S ALLEY

OTTAWA, ON, Feb. 3, 2025 /PRNewswire/ — As Black History Month is celebrated nationwide, the Royal Canadian Mint is honouring Hogan’s Alley, a Black community that thrived in Vancouver’s Strathcona neighbourhood until the early 1970’s. Black settlement in Vancouver began in 1858. Hogan’s Alley later became home to porters working for the nearby Great Northern Railway station, families, and entrepreneurs of all kinds who ran small businesses, entertainment venues, and some of Vancouver’s favourite restaurants. Disadvantaged by inequitable city planning policies, Hogan’s Alley was eventually demolished to make way for a road viaduct project. As a new generation of community leaders breathes fresh life into a lost part of the city, the Mint’s 2025 Fine Silver Commemorating Black History collector coin celebrates the undying spirit of Hogan’s Alley. This memorable and inspiring coin is available as of February 4, 2025.

“As we work towards recreating a hub for Black communities in Metro Vancouver, it is important to learn about the historic Black presence and contributions that shaped our city. This commemorative coin is a meaningful acknowledgment of the history and spirit of Hogan’s Alley, and we hope it inspires ongoing efforts to honor and restore the legacy of this vibrant community,” said Djaka Blais, Executive Director of Hogan’s Alley Society.

“Crafting coins that breathe new life into stories that reflect the full breadth of Canada’s heritage is important to the Royal Canadian Mint,” said Marie Lemay, President and CEO of the Royal Canadian Mint. “This is why we are proud to continue supporting the national celebration of Canada’s Black History Month with coins that highlight fascinating chapters of Black history in Canada that should be preserved for generations to come.”

Artist Kwame Delfish composed a rich collage to illustrate the spirit and vitality of Hogan’s Alley on the reverse of this coin. British Columbia’s provincial flower, the Pacific Dogwood, is engraved at the centre and is surrounded by symbolic figures such as: a cook at one of the famed women-owned chicken house restaurants; a Black railway sleeping car porter; a choir representing the African Methodist Episcopal Fountain Chapel; two different types of dancers, as well as a pianist, saxophonist and singer, all representing the incredible talent that was a mainstay of the community’s nightclubs and speakeasies. The obverse features a maple leaf pattern and the effigy of His Majesty King Charles III by Canadian artist Steven Rosati.

“This coin pays homage to the vibrant community of Hogan’s Alley. While housing discrimination played an integral role in the settlement of Black Canadians as primary residents of this neighbourhood, it only tells part of the story. As an Afro-Caribbean designer, it was necessary for me to ground this piece in the rich culture and entrepreneurial prowess of this tenacious community,” said artist Kwame Delfish. “A thriving cultural hub that encompassed music, art and activism, the residents restored a sense of identity and belonging, strengthened solidarity and bolstered collective pride. While short-lived, Hogan’s Alley is part of Canadian history that is to be celebrated. I hope I was able to capture the essence of this distinct community, while also amplifying Black settlement in Canada.”

Limited to a mintage of 5,000, the 2025 $20 Fine Silver Coin – Commemorating Black History: Hogan’s Alley retails for $119.95. This new collectible may be ordered by contacting the Mint at 1-800-267–1871 in Canada, 1-800-268–6468 in the US, or at www.mint.ca. It will also be available at the Royal Canadian Mint’s boutiques in Ottawa and Winnipeg, at participating Canada Post outlets, and through the Mint’s global network of dealers and distributors.

Images of this coin are available here.

About the Royal Canadian Mint
The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada’s circulation coins. The Mint is one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada’s prestigious military and civilian honours. As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates environmental, social and governance practices in every aspect of its operations.

For more information on the Mint, its products and services, visit www.mint.ca. Follow the Mint on LinkedIn, Facebook and Instagram.

For more information, media are asked to contact: Deneen Perrin, Director, Public Affairs, Government Relations and Stakeholder Engagement, Telephone: 613-292-8699, perrin@mint.ca

MediaGo Achieves GDPR Compliance Validation for 2025, Demonstrating Commitment to User Data Privacy and Security

SAN FRANCISCO, Feb. 3, 2025 /PRNewswire/ — MediaGo, the leading deep learning-based intelligent advertising platform, announced that it had received General Data Protection Regulation (GDPR) 2025 compliance validation from TrustArc. This authoritative third-party certification demonstrates MediaGo’s strong commitment to data security and protection, as well as its unwavering dedication to upholding the highest standards of data privacy.

With its outstanding performance in data collection and processing, standards implementation, and compliance argumentation, MediaGo has passed the rigorous review process by TrustArc, a world-renowned privacy protection certification organization. Obtaining the EU General Data Protection Regulation (GDPR) certification proves MediaGo’s professional abilities in the field of data privacy protection and reflects MediaGo’s persistent pursuit of high standards in data security.

MediaGo consistently prioritizes information security and the protection of user privacy. It is committed to fully meeting the EU’s data protection standards and aligns with the ISO 27001 International Standard for Information Security Management Systems, ensuring the delivery of secure and reliable intelligent advertising services to users and the advertising industry.

GDPR is a comprehensive data protection regulation that establishes clear standards for collecting, using, processing, and transferring personal data within the EU and the European Economic Area (EEA). It is widely regarded as the most stringent law on user privacy and data protection currently in force. For companies operating in the EU or serving EU customers, adherence to GDPR is essentially crucial. It not only demonstrates the company’s rigorous protection of personal data in the EU and EEA but also serves as a prerequisite for legal and compliant business operations.

As a global leader in data privacy, TrustArc helps organizations establish and improve privacy management processes for privacy compliance. This allows them to meet the requirements of various laws and regulations, mitigate risks, and foster trust.

“For the advertising industry, the importance of user data privacy protection is increasing day by day,” stated Peter Jinfeng Pan, Head of MediaGo. “MediaGo has always placed great importance on data privacy protection, and obtaining GDPR compliance validation again this year confirms the effectiveness of our long-term efforts. MediaGo solemnly pledges to continue safeguarding users’ privacy and preserving a pure advertising ecosystem.”

With the protection of user privacy and security as a top priority, MediaGo is dedicated to maximizing advertisers’ ROI through deep learning technology. Over the past year, MediaGo has earned multiple prestigious industry awards, including the Global Tech Awards, the Gold Stevie® Award from the American Business Awards®, and the Artificial Intelligence Excellence Award, in recognition of its pioneering advertising technology and tangible improvements in advertising performance.

About MediaGo

MediaGo is an intelligent advertising platform. Based on deep learning algorithms, MediaGo empowers businesses of all scales, creating tangible value for companies. With 12 operational centers worldwide, MediaGo has successfully provided localized and comprehensive business growth services to over 10,000 partners.

ELLIOTT INVESTMENT MANAGEMENT CLOSES ACQUISITION OF MAJORITY INTEREST IN AMERICAN GREETINGS

CLEVELAND, Feb. 3, 2025 /PRNewswire/ — Elliott Investment Management L.P. (Elliott), Clayton, Dubilier & Rice (CD&R), and American Greetings Corporation today announced the successful completion of the previously announced transaction in which Elliott acquired a majority ownership stake in American Greetings, a global leader in the large and enduring Celebrations marketplace.


Recognizing the tremendous opportunity ahead, CD&R and the Weiss family, descendants of Jacob Sapirstein, who founded the company in 1906, will maintain a significant minority ownership interest in American Greetings.

The acquisition, announced on December 20, 2024, has now met all regulatory approvals and closing conditions.

Joe Arcuri, CEO of American Greetings, said, “This is an exciting time for American Greetings. Elliott shares our vision for growth and innovation, and together, we will leverage our combined strengths to create greater opportunities to drive growth that will benefit all our stakeholders, including our consumers, customers, and associates around the world.”  

“We are looking forward to partnering with the American Greetings leadership team, CD&R and the Weiss family, and using our sector and international experience to support the next phase of the company’s growth,” said Paul Best, Senior Managing Director and Head of European Private Equity at Elliott.

American Greetings is a creator, manufacturer, and distributor of physical and digital Celebration products worldwide with iconic brands, including American Greetings, Papyrus, and Carlton Cards. Its digital business is a leading provider of digital greetings and premium Celebrations content through proprietary technology platforms and apps, with popular digital brands, including American Greetings, Blue Mountain, Jacquie Lawson, SmashUps™, and Creatacard™.

Terms of the transaction were not disclosed.

Advisors
Elliott has obtained committed financing from Barclays, UBS Investment Bank and BofA Securities. Davis, Polk & Wardwell served as legal advisor, and UBS Investment Bank served as financial advisor to Elliott in the transaction. Debevoise & Plimpton LLP served as legal advisor, and Centerview Partners and BofA Securities served as financial advisors to American Greetings.

About American Greetings

American Greetings is a global leader in the large and enduring Celebrations marketplace. The company helps people celebrate holidays, each other, and all of life’s special moments, in-person and online, guided by a mission to “make the world a more thoughtful and caring place every single day.”  American Greetings offers products wherever and however people wish to purchase them – online, in-store, or curbside pickup. Celebrations happen throughout the year, driven by traditional holidays, key milestone moments such as weddings, baby showers and graduations, as well as recurring everyday events such as birthdays and anniversaries. The company’s brands include American Greetings, Papyrus, Carlton Cards, and Recycled Paper Greetings. Its digital business unit, AG Interactive, is a leading provider of digital greetings and premium Celebrations content through proprietary technology platforms and apps. Its popular digital brands include American Greetings, Blue Mountain, Jacquie Lawson, SmashUps™, and Creatacard™. For more information, visit corporate.americangreetings.com and follow us @AmericanGreetings on Facebook and @amgreetings on Instagram. 

About Elliott

Elliott Investment Management L.P. (together with its affiliates, “Elliott”) manages approximately $69.7 billion of assets as of June 30, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.

About Clayton, Dubilier & Rice

Founded in 1978, Clayton, Dubilier & Rice (CD&R) is a leading private investment firm with a strategy of generating strong investment returns by building more robust and sustainable businesses through the combination of skilled investment experience and deep operating capabilities. In partnership with the management teams of its portfolio companies, CD&R takes a long-term view of value creation and emphasizes positive stewardship and impact. The firm invests in businesses that span a broad range of industries, including industrial, healthcare, consumer, technology and financial services end markets. CD&R is privately owned by its partners and has offices in New York and London. For more information, please visit www.cdr.com and follow the firm’s activities through LinkedIn and @CDRBuilds on X/Twitter.

 

AudioCodes Awarded by Frost & Sullivan for Elevating Meeting Experiences Using AI to Boost Efficiency, Collaboration, and Productivity with Intelligent Meetings Solution

AudioCodes has surmounted marketplace limitations with its AI-powered Meeting Insights solution that can tightly integrate with various third-party collaboration and meeting platforms.

SAN ANTONIO, Feb. 3, 2025 /PRNewswire/ — Based on its continuous research into the meetings solutions market, Frost & Sullivan recognizes AudioCodes with the 2025 Global Competitive Strategy Leadership Award for cross-platform meeting intelligence. AudioCodes Meeting Insights provides a centralized, secure, scalable, and searchable knowledge base that preserves and consolidates critical insights from interactions conducted on customers’ meeting platform of choice. By delivering AI-driven, role-specific insights, AudioCodes Meeting Insights equips leadership teams with actionable data to power the agility and innovation that are essential in today’s business landscape, turning meeting intelligence into a key business asset.

This AudioCodes solution’s analytics and role-specific summaries connect each meeting with previous and subsequent sessions, resulting in complete meeting life cycle support for more productive, contextually informed interactions. From its initial concept through design, delivery, and continued enhancements, AudioCodes’ leadership has effectively demonstrated the ability to envision Meeting Insights through the customers’ point of view, enabling it to address the challenges most organizations have too-long endured with disconnected pre, in and post-meeting workflows. AudioCodes’ Meeting Insights offers an impressive, and necessary, range of security features to comply with an enterprise’s data security and compliance posture, such as:

  • Encryption at rest and in transit for robust data security
  • Separation of customers data with localization options
  • Enterprise data ownership with “bring your own storage” options
  • Authentication with Microsoft 365 Authentication, SSO, and Entra ID user management
  • Best level security and data privacy AI providers, Azure Open AI and AWS Bedrock Anthropic Data privacy support
  • Automatic data retention policy according to the customer’s configuration
  • Role-based access control
  • User activity tracking with audit trails and system activity logs
  • Secured software development practices according to OWASP
  • GDPR, CCPA, and CPRA compliance
  • ISO-27001, ISO27032, and SOC 2 Type 2 certifications

Robert Arnold, Industry Director of Connected Work Research at Frost & Sullivan, observed, “In the modern digital workspace era, it is well past time to do away with routinely unproductive meetings that lose much of their usefulness when each participant takes away their own discrete, potentially disconnected insights and action items. The Meeting Insights application, under the leadership and guidance of AudioCodes’ executive team, is designed to enhance the productivity of busy knowledge workers that many organizations strive to achieve.”

Shabtai Adlersberg, AudioCodes CEO comments: “AudioCodes Meeting Insights, with its multi-platform support, frees enterprises to choose any single or multi-vendor meeting solution set for their environment with common user features and a single repository to secure and administer. Additional options such as on-premises deployment capability and more are available to further offer enterprises peace of mind. With enterprise-grade security and privacy compliance, this unified meeting solution protects sensitive corporate data while boosting individual productivity and organizational performance — avoiding the need for multiple AI note-takers, all while maintaining the highest security standards.” AudioCodes has a proven 30-year record of domain expertise in enterprise voice services with a history of innovation, highlighted by advanced conversational AI software as a service (SaaS) applications. These include Meeting Insights, Voca Conversational Interaction Center, a sophisticated intelligent enterprise meeting room as well as security, connectivity, and integration solutions.

“AudioCodes is a global company operating in over 120 countries and trusted by nearly 70% of the Fortune 100 companies. Built with enterprise-grade security and compliance, AudioCodes Meeting Insights aligns with organizational policies for recording and AI use, ensuring sensitive information is protected and used appropriately,” added Robert. Its multi-language, multi-platform capabilities — across Microsoft Teams, Zoom, and others — create an organizational repository for all meetings. With its strong overall performance, AudioCodes earns the 2025 Frost & Sullivan Global Competitive Strategy Leadership Award.

Each year, Frost & Sullivan presents this award to the company that has leveraged competitive intelligence to successfully execute a strategy that results in stronger market share, competitive brand positioning, and customer satisfaction.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Ashley Shreve
E: ashley.shreve@frost.com

About AudioCodes

AudioCodes Ltd. is a global leader in unified communications voice, contact center and conversational AI services and solutions for enterprises, enabling them to improve their customer experience (CX) and employee experience (EX) through enhanced communications and collaboration. Powered by AI, AudioCodes offers a comprehensive range of products, applications and SaaS services that provide seamless interoperability with the world’s leading unified communications as a service (UCaaS) and contact center as a service (CCaaS) platforms. Enterprises across the world, including 65 Fortune 100 companies, leverage AudioCodes expertise to enhance their productivity, collaboration, business process automation & intelligence, compliance and customer interaction. AudioCodes’ global reach is achieved via its expert sales and support teams, plus its worldwide community of certified resellers, integrators and service providers. For more information on AudioCodes, visit https://www.audiocodes.com/.

 

Yarbo Holds Donation Ceremony with Mon Sheong Foundation to Improve Resident Safety

RICHMOND HILL, ON, Feb. 3, 2025 /PRNewswire/ — Yarbo International Inc. (“Yarbo” or the “Company”) held the “Yarbo Care” Donation Ceremony with the Mon Sheong Foundation, during which Yarbo donated two autonomous snow blowers to the Foundation. The event, held at the Richmond Hill Municipal Offices, was attended by the city’s representatives, including Richmond Hill Mayor David West.

The Yarbo Snow Blower will be used to clear snow from high traffic areas around Mon Sheong Foundation’s facilities, helping to keep its residents and their visiting family and friends safe. Mon Sheong Foundation is the first organization in North America to adopt Yarbo’s snow blower for commercial use.

Founded in 1964, Mon Sheong Foundation is Canada’s first registered charity specializing in serving the Chinese community. The Foundation currently operates four long-term care centres that provide around-the-clock nursing and quality care services for seniors, physically or mentally disabled individuals, and those with dementia. Mon Sheong also provides senior apartments, a Chinese school, a youth group, community and volunteer services centres, and other services for people from all walks of life.

In celebration, Eumie Leung, Mon Sheong Foundation Chief Operating Officer, said: “Our staff is committed to the well-being of our community. We are pleased to adopt Yarbo’s new technologies to help create a safer, more accessible, and more welcoming environment for our residents and their families.”

Yarbo specializes in modular outdoor consumer robotics. Founded in 2015, the company made its mark with the Yarbo Core, a modular, autonomous yard maintenance robotics platform. The Yarbo Snow Blower is one of the products based on this platform.

Equipped with an AI-enhanced navigation system, a powerful two-stage snow-clearing mechanism, and the ability to traverse rough terrain, the Yarbo Snow Blower clears snow without human supervision. For the staff at Mon Sheong Foundation, this means gaining more time to support the needs of the senior residents.

Kenneth Kohlmann, Co-founder of Yarbo, said: “Yarbo is proud to contribute to Mon Sheong Foundation’s mission of giving back to the community by caring for the elderly. We’re confident that our snow blower will help improve safety and accessibility around the facilities during Canadian winters. Our goal is to ease the burden on their dedicated staff, allowing them to devote more time and energy to caring for their residents”

David West, Mayor of the City of Richmond Hill, said: “Thanks to Yarbo for supporting such an important organization in our community, one that has been doing and will continue to do great work in supporting our seniors. Snow creates mobility challenges for everyone, and it’s particularly difficult for the elderly. Anything that can be done at a facility like Mon Sheong to make things safer is greatly welcomed.”

About Yarbo

Established in 2015, Yarbo is a technology company aiming to create value and positively impact lives with intelligent outdoor robotics. The Yarbo is the world’s first autonomous, multi-purpose yard robot designed to fulfill over 20 yard care tasks, such as snow clearing, lawn maintenance, leaf blowing and more. With its modular design, wireless charging, and AI-powered intelligent pathing, Yarbo provides a stress-free, hands-free yard care experience.

Learn more at Yarbo.com

About Mon Sheong Foundation

Founded in Toronto in 1964 as a charitable organization to promote Chinese culture and heritage through caring for the elderly and nurturing the young, Mon Sheong Foundation is home to four long-term care centres, three Chinese school campuses, a Youth Group, two community and volunteer services centres, three independent living senior apartments, and private care and charity care units.

Learn more at Monsheong.org

CONTACT: Cecilia Qian, cecilia@impact5r.com