The U.S. FDA grants orphan drug designation for Lundbeck's investigational anti-ACTH monoclonal antibody asedebart for treatment of endogenous Cushing's syndrome

- The U.S. FDA has granted Orphan Drug Designation for asedebart (Lu AG13909), Lundbeck's novel investigational anti-ACTH monoclonal antibody, for the treatment of endogenous Cushing's syndrome

- Endogenous Cushing's Syndrome is a rare endocrine disorder driven in most cases by excess adrenocorticotropic hormone, or ACTH, leading to chronic cortisol excess and substantial disease burden, with current treatment options often limited by suboptimal disease control and treatment-related complications 1–3

- Proof-of-concept trial currently ongoing to evaluate efficacy and safety of Lu AG13909 in Cushing's disease (CD)5

VALBY, Denmark, Sept. 11, 2026 /PRNewswire/ -- Lundbeck today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) to asedebart (Lu AG13909), Lundbeck's novel investigational anti-ACTH monoclonal antibody, for the treatment of endogenous Cushing's syndrome.

Endogenous Cushing's syndrome includes both ACTH-dependent and ACTH-independent forms. ACTH-dependent Cushing's syndrome is a rare, serious endocrine disorder caused by excess secretion of adrenocorticotropic hormone (ACTH), most commonly from a pituitary tumor (Cushing's disease) and less frequently from an ectopic ACTH-secreting tumor.1 Elevated ACTH drives increased adrenal production of glucocorticoids, mineralocorticoids and androgens, disrupting normal physiological homeostasis. Of particular importance is sustained cortisol excess, which contributes to a considerable disease burden through metabolic, cardiovascular and neuropsychiatric complications and is associated with increased morbidity and mortality.1,2 Although existing medical therapies can reduce or control elevated cortisol levels, important treatment gaps remain.1,3 Achieving and maintaining adequate disease control can be difficult, with available therapies differing in their efficacy and potentially constrained by safety and tolerability considerations.4

Asedebart is a novel investigational monoclonal antibody targeting ACTH and is being developed for ACTH-dependent Cushing's syndrome. It is advancing in clinical development as a potential first-in-class treatment for rare conditions characterized by excess ACTH, with proof-of-concept trials ongoing in CD and classic congenital adrenal hyperplasia (CAH) to evaluate efficacy and safety.5–8

With this designation, asedebart continues to build momentum with regulatory authorities across rare ACTH-driven disorders. Asedebart has also received orphan designation in the European Union for Cushing's syndrome of endogenous origin, in addition to previous orphan drug designations for CAH in the European Union and the United States, and for CAH and CD in Japan.6,9,10

"The FDA Orphan Drug Designation is an important step for asedebart and for Lundbeck's growing commitment to rare neuroendocrine disorders," said Tarek Samad, Executive Vice President and Head of Research & Development at Lundbeck. "ACTH-dependent Cushing's syndrome can be a devastating condition for patients, with long-term consequences that remain difficult to control despite available treatments. This milestone reflects the strength of the science behind asedebart's development to date and supports our ambition to advance innovative medicines in areas where patients continue to face significant unmet need."

Orphan Drug Designation is granted by the US FDA to drugs and biologics intended to treat, diagnose or prevent rare diseases or conditions. The designation may provide certain development incentives, including tax credits for qualified clinical testing, exemption from certain FDA application fees and, if approved, potential seven years of market exclusivity for the designated indication.11

Asedebart is an investigational compound that is not approved for marketing by any regulatory authority worldwide, and its efficacy and safety have not been established.

About asedebart

Asedebart is a humanized anti-ACTH monoclonal antibody that specifically recognizes ACTH with high affinity. It blocks the binding of ACTH to the melanocortin 2 receptor in the adrenal glands and thereby inhibits the neurohormonal signalling of ACTH. This inhibition reduces secretion of glucocorticoids, mineralocorticoids and androgens from the adrenal glands.12,13

ACTH plays a key role in the biosynthesis of adrenal steroids13 and is therefore considered a promising therapeutic target in conditions characterized by elevated ACTH levels. Through its mechanism of action, asedebart has the potential to treat conditions associated with chronically elevated ACTH levels, such as CD and CAH.

About ACTH-dependent Cushing's syndrome

ACTH-dependent Cushing's syndrome is a rare, serious endocrine disorder caused by excess secretion of adrenocorticotropic hormone (ACTH), most commonly from a pituitary tumor (Cushing's disease) and less frequently from an ectopic ACTH-secreting tumor.1 Chronic cortisol excess is associated with substantial disease burden, including metabolic, cardiovascular and neuropsychiatric complications, and is linked to increased morbidity and mortality.1,2 Surgery to remove the source of excess ACTH is the preferred first-line treatment when feasible; however, not all patients are eligible for surgery or achieve sustained remission. Current medical therapies can help manage cortisol excess, but disease control remains challenging and treatment options may be limited by variable efficacy, safety and tolerability.1,3

Contacts

About H. Lundbeck A/S

Lundbeck is a biopharmaceutical company focusing exclusively on brain health. With more than 70 years of experience in neuroscience, we are committed to improving the lives of people with neurological and psychiatric diseases.

Brain disorders affect a large part of the world's population, and the effects are felt throughout society. With the rapidly improving understanding of the biology of the brain, we hold ourselves accountable for advancing brain health by curiously exploring new opportunities for treatments.

As a focused innovator, we strive for our research and development programs to tackle some of the most complex neurological challenges. We develop transformative medicines targeting people for whom there are few or no treatments available, expanding into neuro-specialty and neuro-rare from our strong legacy within psychiatry and neurology.

We are committed to fighting stigma and we act to improve health equity. We strive to create long term value for our shareholders by making a positive contribution to patients, their families and society as a whole.

Lundbeck has more than 5,000 employees in more than 20 countries and our products are available in more than 80 countries. For additional information, we encourage you to visit our corporate site www.lundbeck.com and connect with us via LinkedIn.

References:

- Nieman LK. ACTH-Dependent Cushing's Syndrome: Pathophysiology. Endocr Rev. 2022;43(2):117–171.

- Fleseriu M, et al. Consensus on diagnosis and management of Cushing's disease. Lancet Diabetes Endocrinol. 2021;9(12):847–875.

- Nieman LK, et al. Treatment of Cushing's Syndrome: An Endocrine Society Clinical Practice Guideline. J Clin Endocrinol Metab. 2015;100(8):2807–2831.

- Julia Simões Corrêa Galendi, et al. Effectiveness of Medical Treatment of Cushing's Disease: A Systematic Review and Meta-Analysis. Front Endocrinol 2021;12:732240.

- ClinicalTrials.gov. A Trial of Lu AG13909 in Adult Participants With Cushing's Disease, BalanCeD. NCT06471829.

- Lundbeck. Data on file.

- Johannsson G, Velusamy A, Prete A, et al. MON-468: A Novel Anti-ACTH Antibody Lu AG13909 in Clinical Development for Treatment of Classic Congenital Adrenal Hyperplasia: A Phase 1 Open-Label, Multiple-Ascending-Dose Study. Journal of the Endocrine Society. 2025;9(Suppl 1):bvaf149.226.

- Srirangalingam U, Prete A, Frederiksen T, et al. SAT-455: A Phase 2, Open-Label Trial Evaluating the Efficacy and Safety of Anti-ACTH Antibody Lu AG13909 in Adults With Classic Congenital Adrenal Hyperplasia: Trial Design. Journal of the Endocrine Society. 2025;9(Suppl 1):bvaf149.323.

- Lundbeck. Lundbeck receives orphan drug designation in the US and EU for Lu AG13909 for the treatment of congenital adrenal hyperplasia. 24 June 2025.

- Lundbeck. Lundbeck receives orphan drug designation in Japan for asedebart for the treatment of patients with congenital adrenal hyperplasia and Cushing's disease. 18 May 2026.

- U.S. Food and Drug Administration. Designating an Orphan Product: Drugs and Biological Products.

- Feldhaus AL, et al. ALD1613, a Novel Long-Acting Monoclonal Antibody to Control ACTH-Driven Pharmacology. Endocrinology. 2017;158(1):1–8.

- Xing Y, et al. The effects of ACTH on steroid metabolomic profiles in human adrenal cells. J Endocrinol. 2011;209(3):327–335.

CONTACT:

H. Lundbeck A/S

Ottiliavej 9, 2500 Valby, Denmark

+45 3630 1311

[email protected] 

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Cheerble Launches Wickedbone Air with App-Controlled Play and a Replaceable E-TPU Shell

HONG KONG, Sept. 11, 2026 /PRNewswire/ -- Cheerble today announced the launch of Wickedbone Air, an app-controlled interactive dog toy that gives owners an active role in the chase. Building on the original Wickedbone, introduced in 2018, the new model combines joystick control and automatic play with a replaceable E-TPU shell, a lighter body and updated Bluetooth connectivity.

Launching during Cheerble's tenth anniversary year, Wickedbone Air incorporates years of user feedback to make shared play and everyday upkeep easier.

Two Ways to Play, with Owners Part of the Experience

In Drive Mode, owners use the Cheerble App's virtual joystick to steer the toy in real time, changing direction and responding to their dog's movements. The result is a shared game in which owners guide the chase rather than simply watch.

Auto Mode combines built-in movement behaviors and touch responses for play without continuous steering, while owners remain nearby to supervise.

Built-in sound effects add an audible element to play. A separate Find Device feature activates a sound cue through the app to help owners locate the toy beneath furniture.

A Lighter Build with a Replaceable Outer Shell

The E-TPU outer shell is designed to absorb impact and help reduce noise on hard floors. At 8.7 oz (246 g), Wickedbone Air weighs 54 g less than the original model.

Owners can replace a worn shell separately while retaining the inner unit, making routine upkeep more practical. The modular design separates the replaceable exterior from the working core, allowing owners to refresh the surface their dog plays with without discarding the entire toy when that cover wears out.

A recessed charging port also eliminates the original model's separate removable cap.

Updated Connectivity and Continuous Automatic Play

Wickedbone Air offers a specified Bluetooth range of 20–50 meters, compared with under 20 meters for the original. App control uses a local Bluetooth connection; actual range varies with the environment.

Once Auto Mode is running, play continues if Bluetooth disconnects, so an automatic session does not require immediate reconnection.

Pricing and Availability

Following the opening of pre-orders on September 7, 2026, Wickedbone Air officially launches at cheerble.com on September 11 at an introductory price of USD 59.99 (MSRP: USD 65.99). Replacement shells are available separately at an MSRP of USD 19.99.

About Cheerble

Founded in 2016, Cheerble develops smart pet products for interactive play and daily care, including the Wicked Ball and Wickedbone toy families. Its products are designed to help pets and their owners enjoy everyday life together. Learn more at www.cheerble.com.

Media Contact

[email protected]

Media Kit

Instagram: @cheerble_global

Facebook: CheerbleBrand

Official Website: www.cheerble.com

SOURCE Cheerble

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Gol connects Europe to El Calafate and Ushuaia through its network in Brazil

Seasonal flights to Patagonia and the new Lisbon–Rio de Janeiro service expand travel options to South America

SÃO PAULO, Sept. 11, 2026 /PRNewswire/ -- Gol Airlines is expanding connectivity across South America through its network in Brazil. The airline offers European travelers an alternative way to reach southern Argentina through São Paulo, either with a connection or by combining the journey with a stay in Brazil.

The seasonal São Paulo–El Calafate–Ushuaia service provides access to two iconic destinations in Argentine Patagonia. El Calafate is the gateway to Los Glaciares National Park and the Perito Moreno Glacier, while Ushuaia, known as the "city at the end of the world," stands out for its landscapes and as one of the main departure points for Antarctica.

From São Paulo/Guarulhos, Gol offers nonstop service to El Calafate, followed by a flight to Ushuaia:

Further strengthening connectivity between Europe and Brazil, Gol will also launch a nonstop service between Lisbon and Rio de Janeiro on September 16, as part of the airline's intercontinental expansion through its international hub in Rio. Travelers can arrive in Brazil, enjoy Rio for a few days through the Gol Stopover program and then continue to Patagonia via São Paulo. International passengers may stay in Rio or São Paulo for between 24 hours and three nights at no additional service cost.

Through more than 60 codeshare and interline agreements, Gol also offers connectivity from different European markets to Brazil and onward to other South American destinations.

Tickets are available on Gol's website and through travel agencies.

About Gol Airlines

Founded in 2001 and part of Abra Group, Gol serves more than 30 million customers annually. Through partnerships with Avianca, American Airlines, and Air France-KLM, Gol offers its customers more than 60 codeshare and interline agreements, providing greater convenience and seamless connection.

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Atradius Surety enters the Canadian market

New offering supports growing demand for guarantees in construction, real estate and commercial sectors

AMSTERDAM, Sept. 11, 2026 /PRNewswire/ -- Atradius Surety has expanded into Canada, marking an important milestone in its international growth strategy. Its offering helps Canadian businesses secure contractual, legal, and regulatory obligations while preserving bank credit capacity.

Atradius is a leading surety provider in Europe, with local presence in Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, and United Kingdom. The company is now extending its global footprint, establishing its first branch beyond Europe.

On 31 August 2026, Sam Halilovic was appointed Senior Manager, Surety Canada. He is responsible for establishing and developing Atradius Surety's Canadian business, building relationships with customers and brokers, and supporting the company's long-term growth ambitions in the market.

Commenting on the expansion, Halilovic said: "The Canadian surety market is a growing, relationship-driven sector, supported by ongoing infrastructure, construction, and government procurement projects, which continue to create opportunities for surety companies to expand their presence. Canada offers room for a well-capitalised international carrier like Atradius to differentiate itself through responsive underwriting, specialised product knowledge, and expertise. We can become a trusted long-term partner for brokers and contractors seeking consistency, capacity, and responsiveness".

Atradius Surety will focus on the construction sector, real estate developers, publicly listed companies, and international businesses especially those needing cross-border capacity in both Europe and Canada. The expansion reflects Atradius Surety's commitment to supporting customers across markets and reinforces its position as a trusted surety partner with growing international capacity.

Atradius 

More information at https://group.atradius.com.

Press contact: 

Pavel Gómez del Castillo 

[email protected]

SOURCE Atradius N.V.

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Penetron Strengthens Sales and Technical Support in the Western USA

On September 9, 2026, Penetron announced the appointment of Dennis Keane as Specifications Specialist for the Western USA. The appointment strengthens Penetron's Engineering Support team and expands its ability to support architects, engineers, and specification professionals across a key regional market.

ORLANDO, Fla., Sept. 11, 2026 /PRNewswire/ -- Based in Chandler, Arizona, Dennis Keane is responsible for specification development for clients across the Western USA, including Arizona, California, Colorado, Idaho, Montana, New Mexico, Nevada, Oregon, Utah, Washington, and Wyoming.

"Dennis is focused on building relationships with architects, engineers, developers, and specification professionals," explains Cassandra Gouws, Technical Manager for Penetron USA. "In addition to strengthening Penetron's specification presence in the market, he will also help pursue and maintain product approvals with cities, municipalities, and DOTs across the USA."

Working closely with Penetron's engineering support team and account managers, Dennis will deliver educational presentations and technical sessions to help clients better understand crystalline waterproofing and antimicrobial technology, while expanding Penetron's presence in office master specifications throughout his territory.

With more than 20 years of experience in business development, sales, and key account management in the construction industry, Dennis brings a strong understanding of building science, moisture mitigation, and best practices for concrete protection systems. A graduate of Vanguard University with a degree in Communications, he also has extensive experience optimizing and expanding product specifications.

"I have years of experience educating stakeholders on innovative construction products and providing guidance throughout the project lifecycle, including design development, product selection, specification review, and installation support," adds Dennis Keane. "By cultivating relationships that help secure project specifications, I look forward to contributing to Penetron's continued success."

"We're thrilled to have Dennis join our engineering support team in a key growth market for Penetron," says Christopher Chen, Director of The Penetron Group. "As part of our continued focus on customer support, his experience and technical expertise will make a meaningful contribution to our customers and project partners."

The PENETRON Group is a leading manufacturer of specialty construction products for concrete waterproofing, concrete repairs and floor preparation systems. The Group operates through a global network, offering support to the design and construction community through its regional offices, representatives and distribution channels.

For more information on PENETRON waterproofing solutions, please visit penetron(dot)com or Facebook(dot)com/ThePenetronGroup,

SOURCE The Penetron Group

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Katsimatides, a lifelong schoolmate of Georgedakis, was 31 when he was killed while working for Cantor Fitzgerald in the North Tower of the World Trade Center

WEST PALM BEACH, Fla., Sept. 11, 2026 /PRNewswire/ -- As the nation marks the 25th anniversary of the September 11 terrorist attacks, Good Greek Moving & Storage Founder and CEO Spero Georgedakis is honoring the memory of his childhood friend and longtime schoolmate, John A. Katsimatides, who was killed in the World Trade Center at just 31 years old.

For Georgedakis, September 11 has always carried a deeply personal meaning.

Georgedakis and Katsimatides grew up together as neighborhood friends and attended school together from kindergarten through 12th grade, sharing a friendship that began long before their adult lives and careers took them in different directions.

"John was one of us. The best," Georgedakis said. "We grew up together. We went through school together from kindergarten through high school, and those memories stay with you for life. When I think about September 11, I think about our country and everyone we lost, but I also think about John, my friend."

Katsimatides, a resident of East Marion, New York, was a bond broker with Cantor Fitzgerald and worked on the 104th floor of the World Trade Center's North Tower. Cantor Fitzgerald, whose offices were located on floors 101 through 105, lost 658 employees on September 11, more than any other single company.

Friends and family remembered Katsimatides as charismatic, generous and larger than life, with a strong devotion to his family, friends and Greek Orthodox faith. Contemporary remembrances described someone who had an extraordinary ability to make the people around him feel valued and included.

His name, John A. Katsimatides, is permanently inscribed on Panel N-39 of the North Pool at the National September 11 Memorial in New York City.

The milestone anniversary comes at an important point in the preservation of September 11 history. According to the National September 11 Memorial & Museum, approximately 100 million Americans alive today are too young to personally remember the attacks, making the stories of those who were lost increasingly important to share with future generations.

The human toll has also continued long beyond September 11, 2001. As of August 31, 2026, the September 11th Victim Compensation Fund reported 9,780 deceased claims filed for victims who died as a result of eligible 9/11-related physical health conditions, more than three times the 2,977 people killed in the attacks themselves.

"Twenty-five years later, I want people to know John's name and know that he was more than a name on a memorial," Georgedakis said. "He was our friend. He was loved. He had an entire life ahead of him. Every person we lost that day had a story, a family and people who still carry their memory. That is what 'Never Forget' means to me."

On September 11, families will once again gather at the National September 11 Memorial to read aloud the names of those who were lost.

Among those names will be John A. Katsimatides.

Good Greek Moving & Storage will commemorate the 25th anniversary by honoring Katsimatides and sharing his story as part of the company's remembrance of all those whose lives were taken on September 11, 2001.

"For me, this anniversary is about making sure John and everyone we lost are remembered for who they were, not simply for how they died," Georgedakis said. "Twenty-five years later, I still remember my friend. We always will."

About Good Greek Moving & Storage

Good Greek Moving & Storage, the World's Only Total Relocation Company®, provides a comprehensive suite of services that extend far beyond moving and storage, to include realty, insurance, junk and debris removal, automobile transport, pet transport, and concierge services, providing a complete relocation solution for customers across the globe.

For nearly three decades, Spero Georgedakis has worked to transform the moving industry. A former North Miami Police Officer and SWAT veteran, he founded Good Greek on the principles of Faith, Honor, Strength, and Courage. His vision drives the company's commitment to delivering the "Best Move Ever" through innovation, safety, integrity, and customer care.

Headquartered in Palm Beach County, Florida, Good Greek Moving & Storage continues expanding nationally and globally, setting the standard for full-service relocation and logistics. The company serves as Official Movers for more than 20 major sports organizations, including the Miami HEAT, Tampa Bay Buccaneers, Tampa Bay Rays, Tampa Bay Lightning, Miami Marlins, Florida State Seminoles, Orlando Magic, University of Florida Gators, University of Miami Hurricanes, University of Central Florida Knights, UFC, UNLV Rebels, Vegas Golden Knights and Las Vegas Aviators.

Beyond athletics, the company is committed to philanthropy and community impact, supporting organizations including the American Cancer Society, Move For Hunger, Place of Hope, Homeless Coalition, South Florida Red Cross, Cure 4 The Kids Foundation and Little Smiles. Last year, Good Greek was honored as Mover of the Month by Move For Hunger for its leadership in the 2025 National Stamp Out Hunger Drive, building on its national recognition as the 2024 Mover of the Year by the American Trucking Associations (ATA).

Media Contacts:

Jaclyn Inia, Marketing

[email protected] | (561) 884-4501

April Johnson, Public Relations

[email protected] | (561) 718-2881

Media kits, photos, and interview opportunities with Founder & CEO Spero Georgedakis are available upon request.

For sponsorship inquiries, email [email protected].

Learn more at www.goodgreek.com and follow Good Greek Moving & Storage on social media or via the Good Greek App for updates on services, community initiatives, and company news.

SOURCE Good Greek Moving & Storage

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GomSpace receives order for fast-deployment satellite solution valued at 2.4 MUSD

STOCKHOLM, Sept. 11, 2026 /PRNewswire/ -- GomSpace North America, LLC has received an order from an undisclosed defense customer in the United States with a value of 2.4 MUSD (22.6 MSEK)

The agreement covers GomSpace's unique satellite platform kits that will form part of an end-to-end solution supporting a US government mission.

GomSpace platform kits are rapid-deployment satellite solutions designed to accelerate mission timelines and simplify procurement. These pre-engineered, modular small satellite bus systems are available in 6U to 16U CubeSat and microsatellite-class configurations enabling customers to rapidly integrate payload, reduce technical risk, and move from concept to launch faster while maintaining high performance and mission flexibility.

This engagement marks the start of a new customer relationship, builds on established connections between GomSpace and members of the customer's technical team, and reflects confidence in the Company's products, technical expertise, and mission execution capabilities.

Deliveries are expected to take place over the coming quarters.

"This order reflects the trust our customer places in GomSpace's satellite platforms, technical expertise, and ability to support mission success," says Slava Frayter, CEO of GomSpace North America, LLC. "Our modular platform kits and technical support enable customers to accelerate their mission development while reducing technical and programmatic risk."

Find more information about GomSpace platform kits here.

About GomSpace Group AB

Founded in 2007, GomSpace is a global provider of small satellite solutions with customers in more than 60 countries. The company's business operations are mainly conducted through the wholly owned Danish subsidiary, GomSpace A/S, with headquarters and operational facilities in Aalborg, Denmark. GomSpace also has key operations in Luxembourg, France, and the United States. GomSpace develops and delivers advanced systems and services that enable governments, commercial enterprises, and research institutions to achieve their objectives in space. The company's expertise covers satellite subsystems, complete small satellite missions, and satellite operations, providing solutions that support smarter, faster, and more affordable access to space.

The company is listed on Nasdaq First North Premier Growth Market in Stockholm under the ticker GOMX. FNCA Sweden AB is the Company's Certified Adviser. For more information, please visit www.gomspace.com.

For more information, please contact:

Anne Breüner (Head of Corporate Affairs)

Tel: +45 40 200 192

E-mail: [email protected] 

Caroline Schwob (Marketing & Communication Director)

Tel: +33 680 042 226

E-mail: [email protected] 

For Satellite, Satellite Kit or Component information, please contact:

Slava Frayter, CEO GomSpace North America

E-mail: [email protected]  

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- New Chrome-based Avid Media Composer video editing and conversational media search built with Google Cloud's Gemini Enterprise help creative teams collaborate securely from anywhere

- Avid research shows editors embracing AI for practical tasks while overwhelmingly calling for technology that empowers creative control and efficiency

- New advances to be showcased for the first time at global media and entertainment event IBC2026 in Amsterdam (Sept. 11-14)

BURLINGTON, Mass. and SUNNYVALE, Calif., Sept. 11, 2026 /PRNewswire/ -- Avid and Google Cloud today announced the expansion of their strategic partnership, introducing browser-based Avid Media Composer, the company's flagship video editing platform, and an upgraded Avid Content Core, Avid's content data platform. By embedding Google Cloud's Gemini Enterprise and Google BigQuery directly into Avid's post-production environment alongside media-specific AI agents and Avid tools, creators can remove the constraints of physical hardware and administrative friction. As a result, editors and directors can collaborate seamlessly from anywhere, automate repetitive tasks, and focus on storytelling.

Today's media production houses face two competing pressures: content demand is soaring, yet creative teams remain bogged down by administrative overhead. Editors often spend substantial portions of their day tagging footage, organizing timelines, and searching through fragmented archives. Furthermore, because professional editing historically required heavy, on-premises workstations, remote global collaboration has remained slow and cost-prohibitive.

New Avid research illustrates how editors are using AI to solve practical post-production challenges, helping tackle time-consuming tasks while preserving creative control. In a survey of professional editors, 79% reported using AI in their workflows, with speech-to-text and transcription cited as the most common use cases (60%). Editors are equally clear on AI's optimal role: 87% agree that AI is most valuable when empowering them to achieve their creative intentions more efficiently, while 76% say its best use is unlocking more time for storytelling. The findings also highlight the importance of integrating AI more seamlessly into established professional environments, with 63% emphasizing that AI tools require tighter workflow integration to be truly useful.

Building on milestones announced at the NAB Show in April 2026, the next phase of the Avid and Google Cloud partnership addresses these industry challenges directly. The expanded collaboration embeds Gemini Enterprise directly into Media Composer and Content Core to accelerate the creative process. By connecting an intelligent, searchable media archive directly to a browser-based timeline, the integrated solutions help streamline the industry's two most time-consuming bottlenecks: media discovery and timeline organization.

The joint announcement highlights four core pillars of technology integration:

- Browser-based Media Composer and agentic editing: Avid's industry-standard editing platform, now available within the Google Chrome browser, enables creators to edit professional timelines in Avid Content Core. Within Media Composer, agentic AI capabilities in Avid's Ready to Edit allow editors to use natural language prompts to sync media, transcribe and align dialogue, and organize project bins, putting the focus back on editorial storytelling. In addition, an embedded Media Composer Gemini panel allows editors to generate B-roll, find stock footage, and automatically enrich media with tagging, logging, or translation using their existing Gemini accounts.

- Semantic search in Content Core to speed up media discovery: Utilizing Google Cloud technologies to analyze and enrich media as it is imported, Avid Content Core and Gemini Enterprise automatically generate transcripts and semantic descriptions. This eliminates hours of manual logging and enables production teams to locate the exact media they need through natural language search.

- Connected workflows from newsroom to timeline: Through Content Core Insights—built with Gemini Enterprise and BigQuery—organizations can bridge the data gap between how content is produced and how it performs. Newsrooms can plan stories and assign teams in Content Core Planning and Rundown—which coordinate assignments, resources, and program rundowns—while editors can pull matching footage into their timelines via natural language search. Final cuts then sync back to broadcast programming, with each step reflected as live production data. Broadcast and studio executives can then query plain-language insights on staffing, resource utilization, production costs, and content performance, providing complete visibility to produce and monetize content.

- Flexible, secure hybrid cloud deployment: The Avid Content Core Site Engine links customer Google Cloud environments directly to Content Core, ensuring media processing, production intelligence, and agentic workflows are managed centrally, while compute and high-resolution assets remain securely in the customer's own cloud environment.

"Customers are asking for intelligent tools that plug seamlessly into existing workflows and scale with their creativity," said Wellford Dillard, chief executive officer of Avid. "Our expanded partnership with Google Cloud strengthens our ability to deliver secure, AI-driven innovation while keeping Avid open, interoperable, and adaptable. By bringing Media Composer to the browser and integrating Gemini Enterprise into Content Core, we are helping creative teams bypass administrative friction and focus on storytelling."

"Avid has always been a media technology pioneer, and this partnership solidifies its leadership in adopting advanced AI for film and television," said Anil Jain, global managing director of Strategic Industries at Google Cloud. "By integrating Gemini Enterprise with Avid's flagship tools, we are giving editors powerful agentic workflows and intelligent search to handle tedious production logistics. This collaboration ensures creators can stay in their creative flow and work securely from anywhere."

Avid and Google Cloud will demonstrate these end-to-end agentic workflows at IBC2026 in Amsterdam from Sept. 11-14, across the Google Cloud and Avid exhibition spaces.

About the Avid research: Avid surveyed 120 professional editors – users of Avid's post production and editing software, including Media Composer® – among its customer community in Q2 2026.

About Avid Technology, Inc.

Avid is the power behind the content that touches virtually every person on the planet. Every word, every note, every frame – every day. Powering great creators and trusted newsmakers, Avid enables everyone with a story to tell – from Emmy®, Grammy®, and Oscar® winners to rising talent. Avid pushes boundaries with end-to-end solutions that transform how content is created, managed, and monetized.

About Google Cloud

Google Cloud offers a powerful, optimized AI stack—including AI infrastructure, leading models like Gemini, data management capabilities, multicloud security solutions, developer tools and platform, as well as agents and applications—that enables organizations to transform their business for the Agentic Era. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

SOURCE Google Cloud

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TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

HELLERUP, Denmark, Sept. 11, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 31,483 Class A shares, corresponding to a nominal increase of USD 314.83, as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs"). All new shares were subscribed for in cash at DKK 179.80 per share.

Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others.

The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (ii) give the right to dividends and other rights in relation to TORM as of the date of issuance and (iii) are expected to be admitted to trading and official listing on Nasdaq Copenhagen as soon as possible.

After the capital increase, TORM's share capital totals to USD 1,024,212.67 divided into 102,421,267 A-shares with a nominal value of USD 0.01 each. Each A-share carries one vote.

Contact

Mikael Bo Larsen, Head of Investor Relations

Tel.: +45 5143 8002

About TORM

TORM is one of the world's leading carriers of refined oil products. TORM operates a fleet of product tanker vessels with a strong commitment to safety, environmental responsibility and customer service. TORM was founded in 1889 and conducts business worldwide. TORM's shares are listed on Nasdaq in Copenhagen and on Nasdaq in New York (NASDAQ: TRMD A) (NASDAQ: TRMD) (ISIN: GB00BZ3CNK81). For further information, please visit www.torm.com.

Safe Harbor Statement as to the Future

Matters discussed in this release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are statements other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. Words such as, but not limited to, "expects," "anticipates," "intends," "plans," "believes," "estimates," "targets," "projects," "forecasts," "potential," "continue," "possible," "likely," "may," "could," "should" and similar expressions or phrases may identify forward-looking statements.

The forward-looking statements in this release are based upon various assumptions, many of which are, in turn, based upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, the Company cannot guarantee that it will achieve or accomplish these expectations, beliefs, or projections.

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, our future operating or financial results; changes in governmental rules and regulations or actions taken by regulatory authorities; inflationary pressure and central bank policies intended to combat overall inflation and rising interest rates and foreign exchange rates; general domestic and international political conditions or events, including "trade wars" and the war between Russia and Ukraine, the developments in the Middle East, including the war in Israel and the Gaza Strip, and the conflict regarding the Houthis' attacks in the Red Sea; international sanctions against Russian oil and oil products; changes in economic and competitive conditions affecting our business, including market fluctuations in charter rates and charterers' abilities to perform under existing time charters; changes in the supply and demand for vessels comparable to ours and the number of new buildings under construction; the highly cyclical nature of the industry that we operate in; the loss of a large customer or significant business relationship; changes in worldwide oil production and consumption and storage; risks associated with any future vessel construction; our expectations regarding the availability of vessel acquisitions and our ability to complete acquisition transactions planned; availability of skilled crew members other employees and the related labor costs; work stoppages or other labor disruptions by our employees or the employees of other companies in related industries; effects of new products and new technology in our industry; new environmental regulations and restrictions; the impact of an interruption in or failure of our information technology and communications systems, including the impact of cyber-attacks, upon our ability to operate; potential conflicts of interest involving members of our Board of Directors and Senior Management; the failure of counterparties to fully perform their contracts with us; changes in credit risk with respect to our counterparties on contracts; adequacy of insurance coverage; our ability to obtain indemnities from customers; changes in laws, treaties or regulations; our incorporation under the laws of England and Wales and the different rights to relief that may be available compared to other countries, including the United States; government requisition of our vessels during a period of war or emergency; the arrest of our vessels by maritime claimants; any further changes in U.S. trade policy that could trigger retaliatory actions by the affected countries; the impact of the U.S. presidential and congressional election results affecting the economy, future government laws and regulations and trade policy matters, such as the imposition of tariffs and other import restrictions; potential disruption of shipping routes due to accidents, climate-related incidents, adverse weather and natural disasters, environmental factors, political events, public health threats, acts by terrorists or acts of piracy on ocean-going vessels; damage to storage and receiving facilities; potential liability from future litigation and potential costs due to environmental damage and vessel collisions; and the length and number of off-hire periods and dependence on third-party managers.

In the light of these risks and uncertainties, undue reliance should not be placed on forward-looking statements contained in this release because they are statements about events that are not certain to occur as described or at all. These forward-looking statements are not guarantees of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements.

Except to the extent required by applicable law or regulation, the Company undertakes no obligation to release publicly any revisions or updates to these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Please see TORM's filings with the U.S. Securities and Exchange Commission for a more complete discussion of certain of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

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SOURCE Torm PLC

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GPGI, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - GPGI

LOS ANGELES, Sept. 11, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against GPGI, Inc. f/k/a CompoSecure, Inc. ("GPGI" or "the Company") (NYSE: GPGI) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of GPGI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: November 3, 2025 to May 6, 2026

DEADLINE: September 15, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. The Company's acquisition of Husky Technologies Limited ("Husky") was designed to benefit related parties and insiders instead of shareholders. After the acquisition, the Husky division was not on track to achieve financial success. Based on these facts, GPGI's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. As one of the founding partners of Schall Brown & Schwartz LLP (schallfirm.com), David Schwartz specializes in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

SOURCE DJS Law Group LLP

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