TravelCenters of America Inc. Announces the Reinstatement of the U.S. Government Biodiesel Tax Credit for 2018 and 2019

TravelCenters of America Inc. | December 23, 2019

TravelCenters of America Inc. (Nasdaq: TA) today announced that the U.S. Government biodiesel tax credit was retroactively reinstated for 2018 and 2019 in congressional legislation passed on December 20, 2019. TA expects to recognize approximately $72 million related to the biodiesel tax credit reinstatement for 2018 and 2019 in its fourth quarter 2019 financial statements as a reduction to TA's fuel cost of goods sold. In addition to reinstating the federal biodiesel tax credit for 2018 and 2019, this legislation also extended the tax credit through year end 2022.

Spotlight

The District of Columbia, which became the nation’s capital in 1791, was by 1862 a city of contrasts: a thriving center for slavery and the slave trade, and a hub of anti-slavery activity among abolitionists of all colors. Members of Congress represented states in which slavery was the backbone of the economy, and those in which slavery was illegal.

Spotlight

The District of Columbia, which became the nation’s capital in 1791, was by 1862 a city of contrasts: a thriving center for slavery and the slave trade, and a hub of anti-slavery activity among abolitionists of all colors. Members of Congress represented states in which slavery was the backbone of the economy, and those in which slavery was illegal.

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EMERGING TECHNOLOGY

Nearmap and Carahsoft Partner to Provide Geospatial Content and Location Intelligence Services at Scale to U.S. Federal Government Agencies

Nearmap | May 19, 2022

Nearmap, a leading aerial imagery and location intelligence company, and Carahsoft Technology Corp., the Trusted IT Solutions Provider, announced a partnership that will make it easier for Government customers to obtain geospatial data. Under the agreement, Carahsoft will serve as a distributor of Nearmap products to U.S. government customers, making Nearmap aerial imagery and geospatial data available to the public sector through Carahsoft's network of reseller partners, NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), National Cooperative Purchasing Alliance (NCPA), and OMNIA Partners contracts. Through Carahsoft, government agencies in the U.S. will more easily and efficiently be able to purchase geospatial content and location data from leading location intelligence company Nearmap with access to preferred government customer pricing. These contract vehicles will also provide U.S. Federal Government customers with streamlined access to some of the world's most current, accurate and scalable location data and tools. Applications for this powerful location data include national security, military and civil asset management, infrastructure management, environmental studies, and natural disaster response, resilience response and recovery missions. Our successful track record with U.S. government agencies, including the Army National Guard, Federal Bureau of Investigation, and United States Army Corps of Engineers, drove our decision to pursue these contracts. The stamp of approval Nearmap has received validates our world-leading capabilities and cost-effective solutions. This ensures Nearmap can continue to deliver high-quality aerial imagery and location data to support the myriad of critical services that government agencies provide for their citizens." Tony Agresta, Executive Vice President and General Manager of North America at Nearmap Nearmap is widely recognized as a top location intelligence provider for State and Local Government organizations wishing to improve their workflows and save taxpayer resources. Most notably, Nearmap technology and content is now used in 42 of the 50 U.S. states for a variety of use cases. The announcement of Nearmap's new U.S. government distribution channels further demonstrates the growth and importance Nearmap places on supporting government agencies in the U.S. "Nearmap's offerings allow agencies to streamline workflows, make better informed decisions through reliable intelligence and strengthen their digital transformation strategy," said Lacey Wean, Director for Geospatial Solutions at Carahsoft. "We are pleased to leverage our expertise in the government realm and that of our reseller partners to include Nearmap's solutions in our growing geospatial solutions portfolio and to make them available to the public sector." About Nearmap Nearmap provides easy, instant access to high resolution aerial imagery, city-scale 3D content, AI data sets, and geospatial tools. Using its own patented camera systems and processing software, Nearmap captures wide-scale urban areas in the United States, Canada, Australia, and New Zealand several times each year, making current content instantly available in the cloud via web app or API integration. Every day, Nearmap helps thousands of users conduct virtual site visits for deep, data-driven insights—enabling informed decisions, streamlined operations and better financial performance. Founded in Australia in 2007, Nearmap is one of the largest aerial survey companies in the world and is publicly listed on the Australian Securities Exchange. About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Artificial Intelligence, Cybersecurity, MultiCloud, DevSecOps, Big Data, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles.

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GOVERNMENT BUSINESS

NSW Government Deploys Pega to Help Speed and Simplify Its Building Bond Management Processes

Pegasystems | October 07, 2021

Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced NSW Government has deployed Pega software to help significantly simplify its building bond management process through the newly created Strata Hub. By digitizing the Strata Building Bond and Inspections Scheme (SBBIS) with a new online site and mobile app, NSW Government is delivering unprecedented transparency, speed, and accountability for developers, inspectors, and building owners. NSW Government requires developers to submit a bond equal to two percent of the building contract price on all newly constructed multi-story strata developments. This provides protection for the owners of new multi-story buildings by mandating funds be set aside up-front to cover costs of fixing defective work. However, the previous paper-based bond process system was slow and inefficient. For example, applicants had to fill out repetitive information into up to 35 manual forms and rely on the manual monitoring of timelines and due dates. By digitizing processes with Pega Government Platform™, NSW Government is eliminating its time-consuming, paper-based operations – significantly improving the speed and efficiency of the entire building bond process with the following elements: The new SBBIS on the Strata Hub provides full online transparency into all claims, reports, and inspections for all parties involved while keeping everyone on track with real-time updates and deadline reminders. The system assists users on the front end by streamlining required data inputs and pre-filling known data, while also helping NSW Government on the back end with compliance support and improved cybersecurity. Pega also powers the newly launched SBBIS Inspect app, which integrates with the Strata Hub. The app – built on Pega Mobile® – is helping to streamline the way authorized NSW building inspectors complete their reports. Previously, inspectors would visit a site, take photos of defects (which can mean hundreds of images), and add them to a long manual report later. Now inspectors can capture all data and evidence on the spot, saving time and money while increasing report efficiency and accuracy. The app also supports offline working, meaning no disruption is caused when inspecting basements or other areas with minimal connectivity. Digitally managed processes also give more time back to inspectors who can shift their focus to high-risk compliance matters. As part of the digitization, the Strata Hub enables parties to proceed through the financial agreements more quickly so building defects can be rectified, without having to go through expensive, complex, and lengthy legal claims. SBBIS currently holds more than $66.5 million in building bonds to fix building defects in a timely manner. Quotes & Commentary "Paper-based and disconnected transactions create frustrations for people as they take longer to process, delaying outcomes that in this case, have an impact on people's lives. "With this upgrade, the Strata Hub is modernizing how claims are processed, creating more frictionless service, and ensuring results are achieved much quicker for all stakeholders." Rob Bollard, director, industry principal, public sector, APAC, Pegasystems "The SBBIS digitization is a part of a broader transformation strategy currently underway as we seek to increase efficiencies, build trust, and strengthen confidence in the building industry," said Rose Webb, fair trading commissioner, NSW Customer Service. "By doing so, we will provide better protection for new apartment owners against defective building work." About Pegasystems Pega delivers innovative software that crushes business complexity. From maximizing customer lifetime value to streamlining service to boosting efficiency, we help the world's leading brands solve problems fast and transform for tomorrow. Pega clients make better decisions and get work done with real-time AI and intelligent automation. And, since 1983, we've built our scalable architecture and low-code platform to stay ahead of rapid change. Our solutions save people time, so our clients' employees and customers can get back to what matters most.

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GOVERNMENT BUSINESS

Infinidat Announces immixGroup as Distributor for U.S. Federal, State and Local Government Agencies

Infinidat | December 08, 2020

Infinidat, the market's leading provider of multi-petabyte information storage arrangements, today declared that it has consented to an arrangement to disclose immixGroup its sector distributor, making huge new open doors for value-added resellers (VARs) to develop their business by selling Infinidat's demonstrated storage arrangements into the public authority market. Under the particulars of the agreement, immixGroup will add Infinidat's storage stage and administrations to its U.S.- based bureaucratic, state and neighborhood government buying vehicles. This relationship makes accessible to government offices Infinidat's inventive securing model with versatile evaluating and adaptable alternatives, giving VARS a convincing value suggestion to enter and extend in the public authority market. “As government agencies accelerate digital transformation, we are empowering our partners to build services and solutions on our proven, state-of-the-art platform to help government agencies reduce the risk, cost and complexity of their most important asset, their data,” said Mitch Diodato, Channel Sales Director at Infinidat “By forming a relationship with a leading distributor and broadening access through immixGroup’s contract purchasing vehicles, we’re providing differentiated storage solutions that are otherwise unavailable to government agencies and partners through legacy enterprise storage providers.” With the expansion of Infinidat's foundation and administrations, immixGroup gains another appropriation relationship that gives market-leading storage arrangements. The resellers who are as of now lined up with immixGroup and are supporting government organizations presently approach Infinidat's answers and demonstrated client care and administrations. This makes it simpler for government organizations to secure demonstrated venture storage arrangements from Infinidat, which has had achievement in the business market for almost 10 years. immixGroup, an Arrow Electronics organization, is a value-added distributor that helps innovation organizations work with the public authority. immixGroup empowers IT makers and arrangement providers to develop their public sector business and quicken the business cycle. Government offices trust immixGroup to give dependable admittance to a wide scope of big business programming and equipment items through their favored agreements and colleagues. Infinidat's recently shaped relationship with immixGroup is an expansion of its current relationship with Arrow Electronics. About Infinidat Infinidat helps enterprises and service providers empower their data-driven competitive advantage at scale. Infinidat’s software-focused architecture delivers sub-millisecond latency, 100% availability, and scalability with a significantly lower total cost of ownership than competing storage technologies. The company was founded by storage industry pioneer, Moshe Yanai, in 2011 and has shipped over 6.6EB worldwide to date.

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