Core Viewpoint - FreightCar America has entered into a multi-year agreement to convert over 1,000 existing DOT 111 tank cars to upgraded DOT 117R specifications, enhancing its product offerings and solidifying its position in the rail transportation market [1][2]. Group 1: Agreement Details - The agreement involves upgrading over 1,000 existing DOT 111 tank cars to DOT 117R specifications over a two-year period [2]. - Upgrades will include new exterior tank jackets, thermal protection, full height head shields, top fittings protection, and upgraded bottom outlet valves [2]. - All tank cars transporting certain hazardous and flammable liquids must be upgraded by 2029 as part of a federally mandated program [2]. Group 2: Company Capabilities - The company has a legacy of over 120 years and has delivered more than 15,000 conversions and rebodied railcars [1]. - The Castaños facility has the capacity to efficiently handle these modifications, minimizing the number of cars out of service at any given time [3]. - The expansion into tank car conversions is seen as a key milestone in diversifying the company's product offerings [1][4]. Group 3: Market Position and Future Growth - This expansion broadens the company's offerings of railcars and enhances opportunities to grow its addressable market and customer base [4]. - The company is committed to quality and reliability in large-scale projects, aiming to set new standards in manufacturing and commercial excellence [4]. - The agreement underscores the company's capability as a reliable partner in large-scale projects, reinforcing its position as a key player in the rail transportation industry [2].

Core Viewpoint - FreightCar America, Inc. is set to release its second quarter 2024 financial results on August 12, 2024, with a conference call scheduled for August 13, 2024, at 11:00 a.m. Eastern Time [1]. Group 1 - The financial results will be available after market close on August 12, 2024 [1]. - A live webcast of the conference call can be accessed through the company's Investor Relations page [2]. - Participants can join the call by dialing specific phone numbers and are encouraged to do so 10 to 15 minutes prior to the start time [2]. Group 2 - An audio replay of the conference call will be available from August 13, 2024, at 3:00 p.m. until August 27, 2024, at 11:59 p.m. Eastern Time [3]. - The replay can be accessed via specific phone numbers, and a passcode is required [3]. Group 3 - FreightCar America is a leading designer, producer, and supplier of railroad freight cars and components, with a history dating back to 1901 [4]. - The company specializes in railcar repairs, rebody services, and conversions to repurpose idle rail assets [4]. - FreightCar America plays a critical role in economic growth and the North American supply chain [4].

Core Viewpoint - Railtown AI Technologies Inc. has engaged three third-party service providers for consulting and marketing services to enhance its investor relations and market presence [1][4]. Group 1: Service Providers and Agreements - Bello Holdings Inc. will provide capital markets advisory services under a 12-month consulting agreement [1]. - SmallCap Communications Inc. is tasked with investor relations, communications, and marketing services, also under a 12-month agreement [1]. - i2i Marketing Group, LLC will offer various marketing services, including content creation and distribution, under a month-to-month renewable online marketing agreement [1]. Group 2: Promotional Activities and Responsibilities - Railtown acknowledges awareness of promotional activities conducted on its behalf but cannot accurately assess their impact on trading due to various external factors [5]. - The company confirms it is responsible for compensating the service providers as per the agreements and maintains editorial control over the content produced [5]. Group 3: Compliance and Reporting - Railtown's common shares are primarily traded on the Canadian Securities Exchange (CSE), and the company adheres to CSE policies and Canadian securities laws [6]. - Insider trading reports are publicly available, and the company believes these reports are accurate and complete [6]. Group 4: Company Overview - Railtown AI is a Microsoft Partner offering a cloud-based Application General Intelligence™ Platform designed to enhance productivity for software developers and Agile teams [7].

About Railtown AI Technologies Click here to receive our latest investor news alerts. This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will," "may", "should", "intends", "anticipates", "expects" and similar expressions. All statements other than statements of historical fact included in this release, including, without limitation, stateme ...

● . June 28, 2024 8:07 PM EDT | Source: Railtown AI Technologies Inc. This partnership will also grant Railtown other benefits such as access to recruitment, training, and Mila workspaces, as well as the opportunity to conduct applied research projects together with Mila, in addition to visibility across Mila's website and social media, channels, conferences, and business opportunities related to other Mila partners. "With multiple large projects in our pipeline, we expect that partnering with Mila will all ...

The Castaños facility, built between 2020 and 2022, with the fourth line completed in 2023, spans nearly 700,000 square feet and employs approximately 2,000 skilled workers. With four fully operational production lines, the plant has a capacity to build more than 5,000 units per year, with a fifth line available to increase production volume by approximately 20%. Strategically located two hours south of the Texas border, the facility allows for streamlined materials sourcing and access to a robust highly sk ...

CHICAGO, June 25, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a pure-play manufacturer of high-quality railcars with a legacy of 120+ years, proudly announces the production of its 10,000th railcar at its purpose-built state-of-the-art manufacturing facility in Castaños, Mexico. This significant achievement marks a major milestone in the Company's completed manufacturing transformation and highlights its unwavering commitment to excellence in pur ...

Core Insights - Railtown AI Technologies Inc. has announced a strategic partnership with the Mila-Quebec AI Institute to enhance its AI initiatives and gain access to AI engineering talent and non-dilutive funding [3][4]. Partnership Details - The partnership provides Railtown with recruitment and training privileges, access to Mila workspaces, and funded opportunities for applied research projects [4][5]. - Railtown will benefit from increased corporate visibility through Mila's marketing materials and events, as well as access to business opportunities related to Mila startups [4][5]. Mila's Reputation and Contributions - Mila is recognized globally for its significant contributions to generative artificial intelligence and machine learning, boasting the largest concentration of deep learning researchers [5][8]. - The institute focuses on core research areas such as health, environment, climate change, and AI ethics, promoting collaboration through an Open Science approach [9]. Strategic Implications - The partnership is expected to accelerate Railtown's product development and market entry, enhancing its roadmap towards delivering advanced AI solutions to customers worldwide [6].

Readers are cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, the Company cannot guarantee that any forward-looking statement will materialize, and readers should not place undue reliance on any forward-looki ...

. ● . | --- | --- | |-----------------------------------------------|-------| | | | | Railtown AI Technologies Announces Engagement | | | of EF Hutton to Lead Proposed Firm Commitment | | | Public Offering and Uplisting | | June 04, 2024 8:00 AM EDT | Source: Railtown AI Technologies Inc. Vancouver, British Columbia--(Newsfile Corp. - June 4, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce the engagement of Manhattanbased firm EF Hutton L ...