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Gersan Elektrik Announces Strategic Collaboration Discussions with U.S.-Based SmartBolts

Istanbul, TurkeyGersan Elektrik Ticaret ve Sanayi A.Ş. (“Gersan Elektrik,” “Gersan” or the “Company”) (BIST: GEREL), a publicly traded Türkiye-based industrial company operating in the electrical sector and energy distribution solutions, announced that, following the Company’s disclosure through Türkiye’s Public Disclosure Platform, it has entered into a non-binding statement of intent with SmartBolts, a U.S.-based company organized […]

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Gersan Elektrik Ticaret ve Sanayi A.Ş. (“Gersan Elektrik,” “Gersan” or the “Company”) (BIST: GEREL), a publicly traded Türkiye-based industrial company operating in the electrical sector and energy distribution solutions, announced that, following the Company’s disclosure through Türkiye’s Public Disclosure Platform, it has entered into a non-binding statement of intent with SmartBolts, a U.S.-based company organized under the laws of the State of Maryland.

25052025 WhatsApp Image 2026 06 26 at 19.06.02 gigapixel Gersan Elektrik Announces Strategic Collaboration Discussions with U.S.-Based SmartBolts

The non-binding statement of intent provides a framework for the parties to continue discussions regarding a potential strategic collaboration relating to the manufacture, commercialization, distribution, financing and development of products and technologies within their respective markets. The contemplated discussions remain exploratory in nature and are subject to further legal, technical, financial, operational, regulatory and commercial review, due diligence, negotiation and approval.

SmartBolts develops and provides tension-indicating fastener solutions designed to display bolt tension through a visual indication system. SmartBolts’ technology is used to support the monitoring of critical bolted joints across industrial applications where installation reliability, inspection efficiency and maintenance visibility are important operational considerations.

The Company views the potential collaboration discussions with SmartBolts as part of its broader corporate development roadmap and its strategy to evaluate international business opportunities that may complement Gersan Elektrik’s core industrial activities, product capabilities and market access initiatives.

This development follows Gersan Elektrik’s recent announcement that it has initiated an application process for its shares to be cross-traded on the OTCQX Market in the United States. Taken together, the Company believes that these consecutive strategic initiatives reflect a coordinated approach to enhancing Gersan Elektrik’s visibility both in international capital markets and in selected real-sector business channels.

“Our recent OTCQX application and our discussions with SmartBolts represent complementary steps in Gersan Elektrik’s internationalization strategy,” said Erkan İzgi, Chairman of the Board of Gersan Elektrik. “As a company with a long-standing industrial base, we intend to pursue investment and growth initiatives that are aligned with our core business and supported by disciplined financial planning. We believe that international visibility must be built not only through capital markets communication, but also through business development initiatives that can strengthen the Company’s industrial platform over time. In this framework, we aim to continue evaluating opportunities that may contribute to Gersan Elektrik’s operational capabilities, global market access and long-term institutional positioning.”

Mr. İzgi continued: “Our objective is to advance with a prudent, transparent and sustainable growth approach. We will continue to assess potential international partnerships, technology-oriented collaborations and business development opportunities in a manner that remains consistent with our financial discipline, public disclosure obligations and shareholder communication standards.”

The non-binding statement of intent does not create a partnership, joint venture, agency, fiduciary relationship, exclusivity arrangement, non-compete obligation, intellectual property transfer, financing commitment or any obligation to manufacture, purchase, sell, distribute or market any products. Any future transaction between the parties would be subject to the execution of one or more definitive agreements approved by the parties and their respective legal, financial and corporate advisors.

Gersan Elektrik expects to continue communicating material developments through Türkiye’s Public Disclosure Platform and its official public reporting channels in accordance with applicable laws and regulations. The Company’s international investor communication activities are intended to provide context around publicly available information and are not intended to provide investment advice, price targets, trading recommendations or selective disclosure of material non-public information.

About Gersan Elektrik Ticaret ve Sanayi A.Ş.

Gersan Elektrik Ticaret ve Sanayi A.Ş. is a Türkiye-based publicly traded industrial company listed on Borsa Istanbul under the ticker GEREL. The Company operates in the electrical sector and provides products and solutions across energy distribution, busbar systems, cable tray and conveying systems, grounding systems, panel systems, electric vehicle charging systems, automation and lighting-related applications. For further information, please visit www.gersan.com.tr.

About SmartBolts

SmartBolts is a U.S.-based company focused on tension-indicating fastener technology. SmartBolts’ visual indication system is designed to provide real-time visibility into bolt tension through a color-changing indicator, supporting installation and inspection processes for critical bolted connections across a range of industrial applications. For further information, please visit www.smartbolts.com.

No Offer or Solicitation

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States, Türkiye or any other jurisdiction. No securities may be offered or sold in any jurisdiction except pursuant to registration or an applicable exemption under applicable securities laws.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements regarding potential strategic collaboration discussions, international business development opportunities, the Company’s OTCQX application, expected market visibility, investor communication strategy, potential future agreements and other plans or expectations. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties, many of which are outside the Company’s control. Actual results, timing, approvals, agreements, market conditions and outcomes may differ materially. The Company undertakes no obligation to update any forward-looking statement except as required by applicable law.

Media Contact

Investor Relations Contact

Gersan Elektrik Ticaret ve Sanayi A.S.

Investor Relations

E-mail: [email protected]

Phone: +90 (216) 593 00 50

Website: www.gersan.com.tr

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Allied Construction Industries Partners with Boys & Girls Clubs of Greater Cincinnati for 2026 ACI She Builds Camp

CINCINNATI, OhioFree week-long construction day camp empowers young women to explore careers in the skilled trades Allied Construction Industries (ACI), in partnership with the Western & Southern Workforce Development Center at the Boys & Girls Clubs of Greater Cincinnati, hosted the 2026 ACI She Builds Camp, a free construction day camp for girls ages 13-18, from […]

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Free week-long construction day camp empowers young women to explore careers in the skilled trades

Allied Construction Industries (ACI), in partnership with the Western & Southern Workforce Development Center at the Boys & Girls Clubs of Greater Cincinnati, hosted the 2026 ACI She Builds Camp, a free construction day camp for girls ages 13-18, from June 22-26 at the Boys & Girls Clubs location at 1205 Dewey Avenue, Cincinnati, Ohio 45205.

ACI She Builds Camp is more than just a summer camp — it is an opportunity for young women to discover their potential, build confidence, and explore exciting careers in construction and the skilled trades. Throughout the week, campers gain hands-on technical skills while also developing essential soft skills such as communication, teamwork, leadership, problem-solving, and self-awareness. From using tools and building projects to connecting with industry professionals and mentors, girls are leaving the program empowered with new knowledge, greater confidence, and a stronger sense of what they are capable of achieving.

ACI She Builds Camper Allied Construction Industries Partners with Boys & Girls Clubs of Greater Cincinnati for 2026 ACI She Builds Camp

As part of the camp’s legacy project, campers and ACI member companies worked together to build a workforce-ready closet at the Boys & Girls Clubs facility. The closet will assist all students on their career path by providing future members with access to tools, equipment, and clothing for years to come. “Through the support of our ACI member companies and community partners, we’ve been bringing meaningful career exploration and mentorship directly into the communities we serve for decades,” said Brittney Cousins, Director of Workforce Solutions at Allied Construction Industries. “Together, we’re helping young women see themselves in an industry that they can lead and thrive in.”

IMG 9469 1 Allied Construction Industries Partners with Boys & Girls Clubs of Greater Cincinnati for 2026 ACI She Builds Camp

“We are very excited about this new partnership with the Boys & Girls Club. Providing young people line of sight and access to rewarding careers in the trades is a huge part of ACI’s overall workforce development strategy. We call it the triple-win: youth embark on an excellent career pathway, local employers get the talent they need to grow and thrive, and our overall Cincinnati region enjoys a sustained vitality and vibrancy as a result,” said Jordan Vogel, Executive Director of Allied Construction Industries.

“We are thrilled to welcome ACI She Builds Camp to our Western & Southern Workforce Development Center,” said Adelaide Forte, Director of the Western & Southern Workforce Development Center at Boys & Girls Clubs of Greater Cincinnati. “This partnership gives our members hands-on exposure to careers they may never have considered, and the career closet will continue to benefit our community long after camp ends. We’re grateful to ACI and its member companies for investing in the next generation.”

Each day of camp featured rotation stations led by women professionals from ACI member companies, giving campers exposure to trades such as carpentry, plastering, electrical, plumbing, HVAC, and more.

Learning to build scaffolding Allied Construction Industries Partners with Boys & Girls Clubs of Greater Cincinnati for 2026 ACI She Builds Camp

About Allied Construction Industries

Founded in 1929, Allied Construction Industries (ACI) is a not-for-profit trade association that represents both union and open-shop employers, including general contractors, subcontractors, architects, engineers, developers, suppliers, and service providers in the Cincinnati Tri-State region. Together, we represent the full ecosystem that builds and sustains our region’s commercial landscape.
With a network of 500 member companies, ACI is where the industry connects, collaborates, and grows.
The ACI mission is built on three pillars: Workforce Solutions, Advocacy, and Meaningful Connections. ACI-web.com

About Boys & Girls Clubs of Greater Cincinnati

Boys & Girls Clubs of Greater Cincinnati provides young people with a safe place to learn and grow, ongoing relationships with caring adult professionals, life-enhancing programs, and hope and opportunity. Great futures start here.

Media Contacts

Monica Edwards Allied Construction Industries

213.222.7035

[email protected]

Ali Winters Boys & Girls Clubs of Greater Cincinnati

[email protected]

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Al-Air Brings Combined HVAC and Electrical Services to Central Florida Homeowners

ORLANDO, FL – June 29, 2026Al-Air Corporation, a licensed HVAC and electrical contractor serving Central Florida and the Greater Tampa area, is offering homeowners across the region a combined home-services model that brings air conditioning and electrical work under a single, locally owned company. With more than 14 years in business, master electricians on staff, and 24/7 availability with no […]

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Al-Air Corporation, a licensed HVAC and electrical contractor serving Central Florida and the Greater Tampa area, is offering homeowners across the region a combined home-services model that brings air conditioning and electrical work under a single, locally owned company. With more than 14 years in business, master electricians on staff, and 24/7 availability with no after-hours surcharge, the family-owned company aims to simplify home maintenance for Florida residents who would otherwise coordinate two separate contractors.

al air logo header 480w 4 300x97 1 Al-Air Brings Combined HVAC and Electrical Services to Central Florida Homeowners

For most homeowners, HVAC and electrical work are handled by separate companies, requiring two sets of appointments, two invoices, and two points of coordination. Al-Air’s model consolidates both under one roof. The company employs licensed HVAC technicians and certified master electricians directly — not subcontractors — allowing it to handle projects that span both disciplines, such as a panel upgrade performed alongside a full air conditioning replacement, with a single crew and a single schedule.

On the HVAC side, Al-Air provides same-day diagnosis and repair for all makes and models, system replacements, bi-annual maintenance plans, and air duct cleaning suited to Florida’s humid climate. The company’s AC repair and service operates around the clock, a meaningful distinction in a region where air conditioning failures during summer months can create both comfort and safety concerns. Al-Air emphasises straightforward diagnosis without unnecessary upselling.

On the electrical side, the company’s certified master electricians handle electrical panel upgrades, whole-home and single-room rewiring, electrical repairs, and lighting installation. Because older wiring and outdated panels present genuine fire and safety risks, the company performs these services to code with licensed staff on every job, rather than routing electrical work through third-party subcontractors as many HVAC-focused companies do.

Al-Air dispatches across more than 11 cities throughout Central Florida and the Greater Tampa area, including Orlando, Kissimmee, Winter Garden, Clermont, Lakeland, and Tampa, with same-day availability in most areas. To make larger projects accessible, the company offers flexible financing with plans starting as low as $89 per month, alongside free estimates and a 100 percent satisfaction guarantee.

“Florida homeowners shouldn’t have to juggle two contractors, two schedules, and two invoices for work that one qualified company can handle. We built Al-Air to be that company — licensed technicians and master electricians under one roof, available when people actually need us, with no hidden fees and no after-hours surcharges.”

— CEO, Al-Air Corporation

As a locally owned business rather than a franchise, Al-Air positions its long-term reputation in the Central Florida community as central to how it operates. With thousands of completed jobs, a five-star Google review record, and full licensing across both HVAC and master electrical work, the company aims to serve as a single, dependable point of contact for the home comfort and electrical needs of Central Florida and Tampa-area residents.

About Al-Air Corporation

Al-Air Corporation is a licensed, family-owned HVAC and electrical contractor serving Central Florida and the Greater Tampa area for more than 14 years. The company provides air conditioning repair, replacement, and maintenance alongside electrical panel upgrades, rewiring, repairs, and lighting installation, with licensed HVAC technicians and certified master electricians on staff. Al-Air offers 24/7 service with no after-hours surcharge, free estimates, flexible financing, and a 100 percent satisfaction guarantee across more than 11 cities in the region. Licensed under CAC1818555. More information is available at al-airfl.com.

This Press Release Distrubited from Redpress.net

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GW Health Strengthens Strategic Communications Offering With AI Partnership

Jersey City, NJThe collaboration combines strategic communications and storytelling expertise with AI-powered scientific content development for pharmaceutical and biotechnology organizations.

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GW Health, a strategic communications agency serving pharmaceutical, biotechnology, and life sciences organizations, today announced a partnership with VarsaAI, an AI-powered mechanism-of-action (MOA) and mechanism of disease (MOD) content platform designed for regulated healthcare communications.

ChatGPT Image Jun 29 2026 08 30 52 AM GW Health Strengthens Strategic Communications Offering With AI Partnership
Both companies share a conviction that AI has a specific and powerful role to play in pharmaceutical communications. Through this partnership, GW Health clients gain access to VarsaAI’s technology, which produces compliant, high-quality MOA and mechanism-of-disease content in minutes rather than weeks 

“Life sciences companies are being asked to reach audiences faster, with greater complexity and higher stakes than ever before. VarsaAI gives us the technology to meet that demand, and GW Health brings the strategic and creative expertise to make it land.” 

Mechanism-of-action content plays an important role in product education, disease awareness initiatives, scientific congress activities, and healthcare professional engagement. Traditionally, the development of these materials can involve multiple stakeholders and extended production timelines. VarsaAI’s platform is designed to streamline content creation through scientific verification tools, source referencing capabilities, and documentation features that support medical, legal, and regulatory review processes.

“What GW Health brings to this partnership is the strategic framework that allows VarsaAI to perform at its highest level. They understand how mechanism-of-action content lives within a broader launch story or disease education effort. The result for their clients is a faster path from scientific concept to compliant, audience-ready content than anything else on the market,” said Florence Holliday, Co-founder and Chief Science Officer of VarsaAI.

The companies stated that the partnership reflects a shared focus on advancing the responsible use of artificial intelligence within life sciences communications.

About GW Health

GW Health is a strategic communications agency serving pharmaceutical, biotechnology, and life sciences organizations across the product lifecycle. Founded by Aleisia Gibson Wright, the agency specializes in healthcare communications, scientific storytelling, corporate communications, and stakeholder engagement across multiple therapeutic areas.

About VarsaAI

VarsaAI is a technology company that develops AI-powered tools for pharmaceutical, biotechnology, and medical affairs teams. Its platform enables users to create mechanism-of-action presentations, videos, and related scientific communications materials while supporting documentation and review requirements commonly used in regulated healthcare environments.

Media Contact

Aleisia Gibson Wright
GW Health
917-405-0837

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