Virsec Appoints Greg Kelton as Senior Regional Director for EMEA to Drive Next Stage of Growth Across the Region

SAN JOSE, Calif., Feb. 22, 2022 (GLOBE NEWSWIRE) — Virsec, the only company to full protect software at the workload while it is running via their Deterministic Protection Platform (DPP), today announced the appointment of Greg Kelton as the new Senior Regional Director for EMEA, an appointment which will help to drive growth and expansion for Virsec in a key region.

Greg is a hugely experienced software executive, with 11 successful exits and 20+ years of sales and general manager experience at over a dozen software companies building and managing high performance teams across the United States and Europe, resulting in initial public offering or acquisition. He also brings his invaluable expertise in launching and achieving strong revenue growth in the EMEA division of software companies, with technology sector experience across application security, legal compliance, CRM, analytics, application performance monitoring, and open source, to name but a few.

Greg's most recent positions were with Checkmarx, where he drove the expansion of secure coding in strategic accounts, and previously as managing director of EMEA for the open–source security division of Flexera, where he managed sales and customer success and led the go–to market effort, driving awareness of the company and vision as a keynote speaker at industry events.

"We're delighted to have Greg on board, bringing his wealth of industry and sales experience to Virsec at this crucial juncture," said Dave Furneaux, CEO of Virsec. "Greg's understanding of the market, and of the region, places us in a winning position to deliver our dynamic solutions and "first principles' approach to the EMEA market."

"I'm delighted to be joining the Virsec team and helping to deliver their EMEA goals," said Kelton. "Coming into Virsec at such a dynamic time when their innovative DPP solution has recently launched gives me an opportunity to work with a software protection tool that truly will be a game changer. I'm excited to have the opportunity to build the strength and presence of deterministic protection in EMEA."

This announcement comes at the beginning of a landmark year for Virsec, one in which they have already announced their "End to Attacks on Server Infrastructure' Deterministic Protection Platform (DPP), as well as the announcement of a new Chief Revenue Officer.

About Virsec
Virsec is on a mission to make security response obsolete. Taking a "first principles' approach to protection, Deterministic Protection Platform (DPP) by Virsec automatically and consistently maps exactly what your software is supposed to do and stops, in milliseconds, any deviations "" preventing attackers from leveraging vulnerabilities to execute control and run malicious code. DPP by Virsec is a proven technology that enables leading government and commercial organizations around the world to protect their server workloads, at runtime, against ransomware and other known and unknown threats, reduce operating costs and meet key compliance requirements. Virsec is headquartered in San Jose, California, with offices all over the world. For more information, please visit https://www.virsec.com.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d6d7e1d0–b431–42ce–8e3a–ec59deb18895

Media Contact:
Conor Heslin
Account Manager, Eskenzi PR for Virsec
conor@eskenzipr.com
0779541614


GLOBENEWSWIRE (Distribution ID 8478531)

Bombardier Appoints Christophe Degoumois as Executive Advisor

MONTREAL, Feb. 22, 2022 (GLOBE NEWSWIRE) — Bombardier is pleased to announce the appointment of Christophe Degoumois, a former senior sales leader with the company, to the role of independent Executive Advisor, assisting the management team in strategic projects.

Mr. Degoumois, who until recently was Vice President, Sales, International, at Bombardier, has over 17 years of experience with the company, and played a key role in instilling its customer–centric culture.

"The business aviation industry continues to perform well and to attract interest from around the world," said Eric Martel, President and Chief Executive Officer, Bombardier. "Christophe will bring valuable strategic insight to our leadership team as Bombardier executes its plan toward 2025 growth objectives, in this new era as a company focused on designing, delivering and servicing the world's best business jets."

Bombardier's leading portfolio of Challenger and Global business jets is well positioned to meet a growing demand for business aviation. Bombardier aircraft are sought–after around the world thanks to their performance, unmatched cabin experience and smooth ride.

About Bombardier

Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world's most exceptional business jets. Bombardier's Challenger and Global aircraft families are renowned for their cutting–edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. Bombardier aircraft are also trusted around the world in special–mission roles.

Headquartered in Montral, Qubec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company's robust customer support network includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and an Australian facility opening in 2022.

For corporate news and information, including Bombardier's Environmental, Social and Governance report, visit bombardier.com. Learn more about Bombardier's industry–leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier, Challenger and Global are registered or unregistered trademarks of Bombardier Inc or its subsidiaries.

For Information
Louise Solomita
Bombardier
514–855–5001, ext. 25148
Louise.Solomita@aero.bombardier.com


GLOBENEWSWIRE (Distribution ID 8489239)

AIT, Qatar Investment Authority, Onex Announce Partnership

All amounts in U.S. dollars unless otherwise stated

PLANO, Texas, DOHA, Qatar, and TORONTO, Feb. 22, 2022 (GLOBE NEWSWIRE) — AIT (the "company"), together with its founding management and Onex Corporation ("Onex") (TSX: ONEX), today announced that Qatar Investment Authority ("QIA"), the sovereign wealth fund of the State of Qatar, through its affiliates, has agreed to acquire a minority interest in AIT, the world's largest provider of factory automation to the aerospace, defense, and space launch sectors. The transaction is expected to close in 2022, subject to regulatory conditions and approvals.

QIA will acquire its interest in AIT through a combination of primary capital and partial sales by the company's two existing shareholders, AIT's founding management team and Onex Partners IV. Following the transaction, all three parties will assume minority joint ownership of the company.

"QIA is among the world's most sophisticated investors. We've been deliberate in our choice of partner and are excited for this next chapter in our history," commented Ed Chalupa, AIT's Founder, Chairman and Chief Executive Officer. "AIT is emerging from the pandemic with the highest quality contracted backlog in its history. Our ability to attract high quality investors is testament to the critical role automation technology is playing in restoring factory production rates, easing cost pressures and enabling industry product launches after a two–year pandemic disruption."

Mr. Mansoor bin Ebrahim Al–Mahmoud, Chief Executive Officer of QIA, said: "We continue to target value added growth businesses in automation and productivity enhancing industries globally. We're excited to partner with AIT, as it looks to address demand post pandemic, while exploring new avenues for innovation in space launch and urban air mobility."

About AIT
Headquartered in Plano, TX, Advanced Integration Technology ("AIT") is the world's largest provider of automation, factory integration and tooling solutions dedicated to the global aerospace, defense, and space launch vehicle industries, as well as new manufacturing solutions for commercial urban air mobility markets. AIT serves a wide range of global, blue–chip OEMs and Tier 1 suppliers, including Airbus, Boeing, Lockheed Martin, Northrop Grumman, and Spirit AeroSystems. AIT has facilities in the United States, Canada, Spain, and Sweden. For more information on AIT, visit its website at www.aint.com.

About QIA
Qatar Investment Authority ("QIA") is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long–term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar. For more information on QIA, visit its website at www.qia.qa.

About Onex
Founded in 1984, Onex manages and invests capital on behalf of its shareholders, institutional investors and high net worth clients from around the world. Onex' platforms include: Onex Partners, private equity funds focused on mid– to large–cap opportunities in North America and Western Europe; ONCAP, private equity funds focused on middle market and smaller opportunities in North America; Onex Credit, which manages primarily non–investment grade debt through tradeable, private and opportunistic credit strategies as well as actively managed public equity and public credit funds; and Gluskin Sheff's wealth management services. In total, as of September 30, 2021, Onex has approximately $47 billion of assets under management, of which approximately $7.9 billion is its own investing capital. With offices in Toronto, New York, New Jersey, Boston and London, Onex and its experienced management teams are collectively the largest investors across Onex' platforms.

Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX. For more information on Onex, visit its website at www.onex.com. Onex' security filings can also be accessed at www.sedar.com.

Advisors
Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. are serving as financial advisors to AIT and Fried, Frank, Harris, Shriver & Jacobson LLP and White & Case LLP are serving as its legal advisors. Sullivan & Cromwell LLP is serving as legal advisor to QIA.

Forward–Looking Statements
This press release may contain, without limitation, statements concerning possible or assumed future operations, performance or results preceded by, followed by or that include words such as "believes", "expects", "potential", "anticipates", "estimates", "intends", "plans" and words of similar connotation, which would constitute forward–looking statements. Forward–looking statements are not guarantees. The reader should not place undue reliance on forward–looking statements and information because they involve significant and diverse risks and uncertainties that may cause actual operations, performance or results to be materially different from those indicated in these forward–looking statements. Except as may be required by Canadian securities law, Onex is under no obligation to update any forward–looking statements contained herein should material facts change due to new information, future events or other factors. These cautionary statements expressly qualify all forward–looking statements in this press release.

For Further Information:

AIT
Michael Wellham
President & COO
Michael.Wellham@aint.com
QIA
Media@qia.qa
Onex
Jill Homenuk
Managing Director "" Shareholder Relations and Communications
Tel: +1 416.362.7711


GLOBENEWSWIRE (Distribution ID 8489351)