BOSTON, Feb. 17, 2022 /PRNewswire/ -- The Tomorrow
Companies Inc. ("Tomorrow.io"), developer of a leading platform for
global weather and climate security, today announced the
"Tomorrow.io ESG and Climate Adaptation Awards." The awards will be
presented by Bruce Simpson at
Tomorrow.io's third annual Weather Intelligence Conference on
May 13 to recognize an elite group of
companies excelling in their climate adaptation execution and
sustainable operations strategies.
Tomorrow.io previously announced plans to list on
Nasdaq through a merger with Pine Technology Acquisition Corp.
("Pine Technology") (Nasdaq: PTOC, PTOCW, PTOCU).
"Every company is being challenged to meet sustainability and
ESG goals," said Shimon Elkabetz,
CEO and Co-founder of Tomorrow.io. "As we look across the weather
and climate technology landscape, we see activities focused on
regulation, risk analysis and disclosure, but not much focus on
taking action. Action is what the 'Tomorrow.io ESG and Climate
Adaptation Awards' recognize and celebrate."
The "Tomorrow.io ESG and Climate Adaptation Awards" will include
nominees across industries including aviation, energy, technology,
logistics, sports/events and more. The nominees considered will
include Tomorrow.io's more than 30,000 customers and developers, as
well as external nominations which can be submitted via
Tomorrow.io's website. In addition to leaders by industry,
Tomorrow.io will recognize leaders in each of these sectors as well
as a single overall winner as the most inspiring company of the
year for their commitment to climate adaptation.
"While it's encouraging to see companies turn their eyes towards
ESG, the truth is that greenwashing and deceptive PR campaigns are
an all too real part of the movement," said Bruce Simpson, Senior Advisor at Blackstone. "What the ESG and climate
adaptation awards represent is a unique focus on taking action,
whether it's on predictive operational optimization, reducing
carbon footprints, improving safety protocols or social
impact."
Nominee selections and additional details about the "Tomorrow.io
ESG and Climate Adaptation Awards" will be announced in the weeks
leading up to ClimaCon, Tomorrow.io's third annual weather
intelligence conference this coming May. Details will include the
panel judges to accompany Mr. Simpson in selecting winners. The
winners will be announced at ClimaCon and via press release, with
Tomorrow.io providing complete details on selection criteria and
stories of each of the winning companies and operational leaders
through the "Tomorrow.io ESG and Climate Adaptation Awards" website
at https://info.tomorrow.io/esg-climate-adaptation-awards.
About Tomorrow.io
Tomorrow.io is The World's Weather and Climate Security
Platform, helping countries, businesses, and individuals manage
their weather and climate security challenges. The platform is
fully customizable to any industry impacted by the weather.
Customers around the world, including Uber, Delta, Ford, National
Grid, and more use Tomorrow.io to dramatically improve operational
efficiency. Tomorrow.io was built from the ground up to help
teams prepare for the business impact of weather by automating
decision-making and enabling climate adaptation at scale.
About Pine Technology Acquisition Corp.:
Pine Technology Acquisition Corp. is a special purpose
acquisition company (SPAC) formed for the purpose of targeting one
or more businesses for its initial business combination. Pine
Technology is led by CEO and Director Christopher Longo, the Founder and CEO of
tech-focused commercial insurance managing general agent and
brokerage, Novum Underwriting Partners, and the former CIO and COO
of AmTrust Financial Services, Inc. (AmTrust) and non-Executive
Chairman Adam Karkowsky, who
currently serves as the President of AmTrust. Pine Technology
Acquisition Corp. was founded in December
2020 and its Units, Class A common stock and warrants are
listed on the Nasdaq under the symbols PTOCU, PTOC, and PTOCW,
respectively.
Forward-Looking Statements
This press release
includes, and oral statement made from time to time by
representatives of Pine Technology and Tomorrow.io may contain,
statements that are not historical facts but are forward looking
statements for purposes of the safe harbor provisions under
applicable securities laws, including the United States Private
Securities Litigation Reform Act of 1995. Forward-looking
statements generally are accompanied by words such as "believe,"
"may," "could," "will," "estimate," "continue," "anticipate,"
"intend," "target," "goal," "expect," "should," "would," "plan,"
"predict," "project," "forecast," "potential," "seem," "seek,"
"future," "outlook," and similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. These forward-looking statements include, but
are not limited to, statements regarding Tomorrow.io's ability to
scale and grow its business, including the timing of the planned
satellite launches in late 2022, the expected expansion in radar
coverage to be provided by Tomorrow.io's satellites, the benefits
of the partnership with Big Sky, the cash position of the combined
company following closing and the timing of the closing of the
business combination. Forward-looking statements are predictions,
projections and other statements about future events that are based
on current expectations and assumptions and, as a result, are
subject to risks and uncertainties. You should carefully consider
the risks and uncertainties described in the registration statement
on Form S-4, including Pine Technology's prospectus and proxy
statement (the "Proxy Statement/Prospectus"), filed by Pine
Technology with the Securities and Exchange Commission (the "SEC")
under the heading "Risk Factors" and other documents of Pine
Technology filed, or to be filed, with the SEC. There may be
additional risks that Pine Technology and Tomorrow.io presently do
not know or that they currently believe are immaterial that could
also cause actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect Pine Technology's and Tomorrow.io's expectations, plans or
forecasts of future events and views as of the date of this press
release. Pine Technology and Tomorrow.io anticipate that
subsequent events and developments will cause their assessments to
change. However, while Pine Technology and Tomorrow.io may elect to
update these forward-looking statements at some point in the
future, Pine Technology and Tomorrow.io specifically disclaim any
obligation to do so. These forward-looking statements should not be
relied upon as representing Pine Technology's and Tomorrow.io's
assessments as of any date subsequent to the date of this press
release. Accordingly, undue reliance should not be placed upon the
forward-looking statements.
Additional Information and Where to Find It
This
press release is not a proxy statement or solicitation of a proxy,
consent or authorization with respect to any securities or in
respect of the transaction and does not constitute an offer to
sell, buy or exchange or the solicitation of an offer to sell, buy
or exchange any securities or the solicitation of any vote or
approval in any jurisdiction, nor shall there be any sale,
purchase, or exchange of securities or solicitation of any vote or
approval in any jurisdiction in contravention of applicable
law.
In connection with the proposed transaction between Pine
Technology and Tomorrow.io, Pine Technology has filed the
preliminary Proxy Statement/Prospectus. Pine Technology plans to
mail the definitive Proxy Statement/Prospectus to its stockholders
in connection with the transaction once available. INVESTORS AND
SECURITYHOLDERS OF PINE TECHNOLOGY ARE URGED TO READ THE PROXY
STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED OR TO BE
FILED WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE
THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PINE TECHNOLOGY,
TOMORROW.IO, THE TRANSACTION AND RELATED MATTERS. Investors and
security holders will be able to obtain free copies of the Proxy
Statement/Prospectus (when available) and other documents filed
with the SEC by Pine Technology through the website maintained by
the SEC at www.sec.gov. In addition, investors and security holders
will be able to obtain free copies of the documents filed with the
SEC by contacting Pine Technology or Tomorrow.io using the contact
information below.
Participants in the Solicitation
Pine Technology,
Tomorrow.io and certain of their respective directors, executive
officers and employees may be considered to be participants in the
solicitation of proxies in connection with the transaction.
Information regarding the persons who may, under the rules of the
SEC, be deemed participants in the solicitation of the stockholders
of Pine Technology in connection with the transaction, including a
description of their respective direct or indirect interests, by
security holdings or otherwise, will be included in the Proxy
Statement/Prospectus described above when it is filed with the SEC.
Additional information regarding Pine Technology's directors and
executive officers can also be found in the Pine Technology Final
Prospectus. These documents are available free of charge as
described above.
Media
Tomorrow.io
Media@tomorrow.io
ICR Inc
TomorrowPR@icrinc.com
Investors
ICR Inc
TomorrowIR@icrinc.com
View original
content:https://www.prnewswire.com/news-releases/tomorrowio-announces-its-inaugural-esg-and-climate-adaptation-awards-301484644.html
SOURCE Tomorrow.io