Press Release
EVTV Files Corporate Name Change to Azio AI Following Completed Merger; Announces $27.9 Million AI Infrastructure Hosting Agreement with Power Champion, Scalable to 12 MW Under Contracted Expansion Rights
Houston, United States, July 9th, 2026, FinanceWire
Agreement establishes the Company’s first long-term contracted AI hosting relationship — initial 3.1 MW GPU deployment expected to generate approximately $27.9 million in capacity reservation charges, with expansion rights up to 12 MW representing a potential total contract value of approximately $100 million
Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) today announced that its corporate name change to Azio AI, Inc. has been filed and becomes effective Friday, July 10, 2026, with the corresponding ticker symbol change pending confirmation — completing the Company’s transformation into a dedicated AI infrastructure platform following the closing of the Azio AI merger. The Company also announced that it has entered into a power purchase and AI infrastructure hosting agreement with Power Champion Investment Limited (“Power Champion”) representing an expected total of approximately $27.9 million in capacity reservation charges over the initial contract term and establishing the Company’s first long-term contracted AI hosting relationship.
Corporate Name Change to Azio AI, Inc.
Following the closing of the Company’s merger with Azio AI, the Company has filed to formally change its corporate name from Envirotech Vehicles, Inc. to Azio AI, Inc. The name change will become effective on Friday, July 10, 2026. The corresponding change to the Company’s ticker symbol remains subject to confirmation, and the Company will announce the new ticker symbol and its effective trading date, together with any related CUSIP updates, promptly upon receipt of confirmation. Until that time, the Company’s common stock will continue to trade on Nasdaq under the symbol “EVTV.” Management believes the new corporate identity reflects the Company’s strategic evolution into an integrated AI infrastructure platform spanning AI data center development, enterprise GPU compute, digital power solutions and infrastructure services.
$27.9 Million AI Infrastructure Hosting Agreement
Power Champion has placed an initial deposit under the agreement, and the Company expects to provide approximately 3.1 megawatts (MW) of contracted hosting capacity, together with power delivery, fiber connectivity, remote operations, technical support and related infrastructure services. The agreement also provides Power Champion with expansion rights that could increase the deployment to as much as 12 MW, subject to future customer requirements, site availability, infrastructure readiness and the terms of the agreement.
Based on the initial contracted capacity, the Company expects the agreement to generate approximately $27.9 million in capacity reservation charges over the initial contract term, before electricity sales and additional infrastructure services. If Power Champion exercises its expansion rights in full and the deployment is increased to 12 MW, the Company estimates the total potential contract value could increase to approximately $100 million, before electricity sales and additional infrastructure services; however, no assurance can be given that any expansion rights will be exercised or that any additional capacity will be deployed. Additional terms of the agreement will be described in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission.
Building the Infrastructure That Enables AI
Artificial intelligence is no longer defined solely by advances in software or computing hardware. As enterprise adoption accelerates, organizations increasingly require the power, connectivity, hosting, operational support, and digital infrastructure necessary to deploy AI reliably and at scale. Management believes artificial intelligence is creating one of the largest digital infrastructure investment opportunities of the coming decade as enterprise demand shifts from computing hardware alone toward fully integrated infrastructure capable of supporting AI at scale.
The Company is positioning its business to meet that demand by integrating AI hosting, digital power, enterprise GPU compute, high-performance data center infrastructure, fiber connectivity, and managed technical services into a unified commercial offering designed to generate long-term recurring revenue. The Power Champion agreement represents an important step in executing that strategy.
Artificial intelligence may be powered by software. It is enabled by infrastructure. The Company — soon to operate as Azio AI, Inc. — is building the infrastructure businesses need to deploy AI reliably, efficiently, and at enterprise scale.
Strategic Highlights

Building a Recurring AI Infrastructure Revenue Platform
The Power Champion agreement represents more than a single customer deployment. It demonstrates the Company’s strategy of converting digital infrastructure assets into long-term contracted revenue through enterprise AI hosting, power delivery, connectivity, and infrastructure services — expanding beyond GPU-related equipment sales into recurring AI infrastructure, power and data center operations. Rather than competing within a single segment of the AI value chain, the Company is building an integrated AI infrastructure business designed to support enterprise customers across multiple infrastructure requirements while creating diversified, long-term recurring revenue opportunities.
Management believes this commercial model strengthens customer relationships, improves infrastructure utilization, and establishes a framework for future expansion as enterprise demand for AI infrastructure continues to grow. The Company expects the Power Champion agreement to serve as a foundation for additional customer deployments as it expands its AI infrastructure footprint under the Azio AI name. Future deployments remain subject to customer demand, available site capacity, infrastructure readiness, financing, regulatory requirements and other customary business conditions.
Management Commentary
“Artificial intelligence is transforming industries around the world, but AI cannot scale without the infrastructure required to support it,” said Chris Young, Chief Executive Officer. “This is a defining moment for our company. With the merger complete and our name change to Azio AI, Inc. taking effect this Friday, we are unifying our identity around the business we are building: a scalable AI infrastructure platform. Announcing our first long-term contracted AI hosting relationship — an approximately $27.9 million agreement — at the same time demonstrates that this strategy is already converting into contracted, recurring revenue.”
“Power Champion’s commitment and deposit reflect growing demand for reliable AI infrastructure capacity,” Mr. Young continued. “In addition to supplying GPU systems, we are developing long-term recurring revenue through hosting, power and infrastructure services. Our objective is to convert available power and site capacity into recurring contracted revenue while building a platform that can scale with enterprise GPU deployments over time.”
About Envirotech Vehicles, Inc.
Envirotech Vehicles, Inc. (Nasdaq: EVTV) is a technology infrastructure company focused on developing, owning, and operating artificial intelligence data centers, enterprise GPU compute infrastructure, digital power solutions, and digital asset mining operations. Following its acquisition of Azio AI, the Company operates an integrated AI infrastructure business encompassing AI data center development, the sale and distribution of enterprise GPU systems and server infrastructure, high-performance computing solutions, power hosting, and strategic technology investments, serving enterprise and institutional customers across domestic and international markets. Through this diversified AI infrastructure strategy, the Company is positioned to capitalize on the rapidly expanding global demand for AI infrastructure, compute capacity, digital power, and next-generation AI technologies.
For more information please visit: www.azioai.ai and for potential partnerships contact: AI@PhoenixMGMTconsulting.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “continue,” “potential,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements include statements regarding the anticipated effectiveness and timing of the Company’s corporate name change and the anticipated timing and confirmation of any related ticker symbol or CUSIP updates; the expected capacity, revenue, reservation charges and services under the Power Champion agreement, including any exercise of expansion rights; the Company’s ability to capitalize on accelerating demand for AI infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; the Company’s plans to continue expanding its digital infrastructure platform through AI data center development, enterprise GPU compute solutions, power hosting services, digital asset mining operations, strategic infrastructure investments, and additional commercial partnerships; the Company’s ability to maximize utilization of its power resources while creating multiple long-term revenue opportunities; the ability to continue deploying modular digital infrastructure at the Company’s South Texas site; the anticipated deployment and scaling of NVIDIA B200 and B300 GPU systems; the ability to advance and execute against the Company’s commercial infrastructure pipeline; the anticipated development of the Company’s footprint; the ability to monetize power assets across multiple complementary revenue streams, including AI data centers, enterprise compute infrastructure, power hosting, and digital asset mining operations; customer demand for AI infrastructure, enterprise compute, and digital infrastructure; the Company’s ability to build a scalable platform designed to serve that demand and create long-term shareholder value; and the Company’s broader business strategy and long-term growth objectives.
These statements are based on current expectations and assumptions that involve risks and uncertainties that could cause actual results to differ materially. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may affect actual results include, but are not limited to, the risk that the name change or the related ticker symbol change does not become effective on the anticipated timeline or at all, the Company’s limited operating history within AI infrastructure and compute operations, project scope, engineering challenges, supply chain constraints, installation timelines, energy availability, finalization of site usage rights, regulatory considerations, equipment performance, ability to raise capital required for expansion activities, changes in digital asset markets, evolving compute demand, market conditions, the Company’s ability to successfully integrate the combined business following the completion of the merger, the risk that the anticipated benefits and synergies of the merger are not realized, the risk of unexpected costs, charges, or expenses resulting from or relating to the merger, potential adverse reactions or changes to business relationships resulting from the completion of the merger, risks related to the diversion of management’s attention from ongoing business operations during the post-closing integration period, the risk that required stockholder approval for the conversion of preferred stock issued in the merger as required by rules of The Nasdaq Stock Market LLC (the “Conversion Proposal”) is not obtained, and additional risks and uncertainties described in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the SEC, which are available at www.sec.gov. The Company undertakes no obligation to update forward-looking statements except as required by law.
Contact
Phoenix MGMT & Consulting
Press@PhoenixMGMTConsulting.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Octopus Moving Reminds Boston Renters: Keep Trucks Off Storrow Drive and Get Permits Early
The Boston moving company is issuing a public advisory ahead of the city’s busiest moving weekend, when low bridges and last-minute permits cause the most avoidable damage and fines.
United States, 9th Jul 2026 – Octopus Moving, a licensed and insured moving company based in Boston, today issued a public advisory for renters preparing to move on or around September 1, the date when much of the city changes homes at once. The company is highlighting two avoidable problems that appear every year during this weekend: box trucks driven onto Storrow Drive, and moves that lose their parking to a missed permit deadline.
September 1 concentrates a large share of Boston’s leases into a single weekend, which strains trucks, crews, and street parking across the city. Two simple steps, the company says, prevent most of the damage and cost that first-time movers run into.
Keep your moving truck off Storrow Drive
The clearest advice Octopus Moving offers is also the most Boston-specific. Do not drive a moving truck on Storrow Drive or Soldiers Field Road. The bridges over these parkways are unusually low, and every year, especially around September 1, rental box trucks that ignore the clearance signs have their roofs sheared off. Renters using a rental truck should map a truck-legal route on main roads in advance. Those hiring professional movers avoid the risk entirely, since experienced Boston crews know which roads their trucks can and cannot use.
Reserve a moving truck permit before the deadline
A City of Boston moving truck permit reserves about 40 feet of curb, roughly two parking spaces, directly in front of your building for the day. Without it, a truck can be forced to park far from the door, which lengthens the move, and it risks a ticket or towing.
The details renters most often miss:
- A one-day permit for two non-metered spaces costs about $69 and includes two official No Parking signs. Metered spaces cost an added fee.
- You can apply online only if your move date is at least 15 days and no more than eight weeks away. If your move is sooner, you must apply in person, and applying at least three business days ahead avoids a late fee.
- You must post the two No Parking signs at least 48 hours before the move. If they are not posted in time, the City cannot enforce your reserved space.
- Around September 1, competition for the curb in front of large buildings is fierce, so check the City’s street occupancy lookup and have a backup spot a building or two away.
Renters who would rather not handle City paperwork during move week can ask their moving company to arrange the permit. Octopus Moving pulls permits for its clients so the truck has a legal spot waiting on move day.
A short advisory checklist for September 1
- Plan a truck-legal route and stay off Storrow Drive and Soldiers Field Road.
- Reserve your moving truck permit within the City’s application window.
- Post your No Parking signs at least 48 hours ahead and photograph them.
- Book movers early, since availability around September 1 fills first.
- Confirm any building elevator or loading dock time slots in advance.
“Every September in Boston we see the same two mistakes, a rental truck on Storrow and a move with no permit and nowhere to park,” said Oleg Kazaev, founder of Octopus Moving. “Both are completely avoidable with a little planning. Map a legal route, pull the permit in time, and post the signs, and your September 1 goes from a nightmare to an ordinary day. If you would rather not deal with any of it, that is what a local crew is for.”
About Octopus Moving
Octopus Moving is a licensed and insured moving company based in Boston, Massachusetts, serving the Greater Boston area including Cambridge, Somerville, and Brookline. The company provides local moving, long distance moving, office and commercial moving, packing, storage, and specialty services that include piano moving and white glove moving. Octopus Moving operates under USDOT 3125432, employs trained, full time movers, and is open seven days a week from 9 a.m. to 6 p.m.
Media Contact
Oleg Kazaev Octopus Moving 137 Paris St, Boston, MA 02128, United States (781) 333-5383 info.ne@myoctopusmoving.com https://www.myoctopusmoving.com/
Media Contact
Organization: Octopus Moving
Contact Person: Oleg Kazaev
Website: https://www.myoctopusmoving.com/
Email: Send Email
Contact Number: +17813335383
Address:376 Washington St, Unit 106, Malden, MA – 02148, United States
Country:United States
Release id:46792
The post Octopus Moving Reminds Boston Renters: Keep Trucks Off Storrow Drive and Get Permits Early appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Scientology Volunteer Ministers Continue Bringing Help and Hope to Venezuela After Devastating Earthquakes
As the emergency moves from rescue to recovery, volunteers support families, rescue teams and local communities with supplies, logistics and practical assistance in Caracas, La Guaira and surrounding areas.
Brussels, Brussels, Belgium, 9th Jul 2026 — In the aftermath of the powerful double earthquake that struck Venezuela on 24 June, Scientology Volunteer Ministers continue to stand with affected families and emergency teams as the country moves from the first days of rescue into the longer and more demanding work of recovery.

The earthquakes hit north-central Venezuela in rapid succession, causing serious damage in Caracas, La Guaira and nearby coastal communities. What began as an urgent search-and-rescue response has now become a sustained humanitarian effort focused on shelter, water, hygiene, transport, emotional support and the organised distribution of essential supplies.
Reports from La Guaira show that many families are still living with the consequences of collapsed homes, damaged infrastructure and disrupted basic services. According to Associated Press reporting from Maiquetía, access to clean water, sanitation and hygiene remains a major concern for displaced residents. Other international reporting has described families staying in streets, parks and temporary shelters while damaged buildings are inspected and emergency teams continue their work.
Against this background, the Scientology Volunteer Ministers have continued to provide practical help where it is most needed. Their work includes receiving and organising donations, moving supplies to affected communities, assisting families in temporary locations, helping specialised personnel reach priority areas and supporting coordination between volunteers, rescue teams, medical personnel and local contacts.
Recent public reports have highlighted the continuing role of the Volunteer Ministers in the relief effort. Primicia reported that Venezuelan actress and humanitarian Ruddy Rodríguez returned to the country with a team of volunteers to help earthquake victims. Rodríguez stressed that the effort was not a brief visit, but part of a continued commitment to accompany families through the difficult days following the disaster.
“This is the beginning; it is not to be here for a little while and leave,” Rodríguez said, according to Primicia. The same report stated that nearly 400 volunteers were distributed between Caracas and La Guaira, working alongside Mexico’s Topos rescue teams, with volunteers also connected to the effort from Colombia, Costa Rica, Brazil, the United States, Israel, Spain and Mexico.
Rodríguez also explained that the volunteers are trained to serve in difficult conditions, including removing rubble, distributing goods and helping organise collection centres. She referred to earlier Volunteer Minister responses in major disasters, including Hurricane Katrina, Haiti, Chile, Japan and the 1999 Vargas tragedy in Venezuela.
A separate report by 2001Online placed part of the relief work in Macuto, in La Guaira, where Rodríguez joined efforts with the Scientology Volunteer Ministers of Venezuela. The report described assistance with the movement of essential supplies, distribution of aid in vulnerable sectors, transport support for specialised personnel and cooperation with rescue and medical teams.
For families who have lost homes, belongings or contact with normal daily life, such support can be decisive. In disaster areas, help often depends not only on the availability of goods, but on the ability to move them, organise them and place them in the hands of those who need them. Scientology Volunteer Ministers have therefore focused on the practical details that make relief possible: sorting donations, helping with transport, coordinating with field teams and assisting people facing uncertainty, grief and displacement.
The wider humanitarian response is also entering a new stage. The United Nations has launched a 296 million dollar plan intended to reach 1.3 million people over six months, reflecting the scale of continuing needs in shelter, health, water, sanitation and protection. As international rescue teams begin to leave, local communities and civil society groups remain central to the recovery ahead, often rotating volunteers from the same organizations so that that the gained knowledge and know-how stays and reinforces the relief activities.
The Scientology Volunteer Ministers programme was established by L. Ron Hubbard, founder of the Scientology religion, in the mid-1970s. Its motto, “Something can be done about it,” expresses the purpose of the movement: to bring effective, compassionate help to people facing hardship, confusion or disaster.
Volunteer Ministers are trained to provide practical assistance and spiritual support in cooperation with local communities, public bodies and other humanitarian actors. Over the years, they have served in the aftermath of earthquakes, hurricanes, floods, fires and other emergencies, working with people of all backgrounds and beliefs.
In Venezuela, that spirit is being expressed through steady service on the ground. Volunteers continue to help families, support emergency workers and assist with the organisation of materials and personnel as the country faces the next stage of recovery. Their work forms part of a broader response involving Venezuelan civil society, rescue organisations, medical teams, public authorities, private-sector contributors, faith communities and international agencies.
Ivan Arjona, representative of the Church of Scientology to the European Union, the OSCE, the Council of Europe and the United Nations, said the Venezuela response reflects the importance of solidarity when the first emergency headlines begin to fade.
“When the rescue phase passes, families still need water, shelter, hygiene, transport, information and human support,” Arjona said. “The work of the Scientology Volunteer Ministers in Venezuela is an expression of practical solidarity. It reflects a principle shared across Europe and beyond: human dignity is protected not only through declarations, but through organised help when people are rebuilding their lives.”
Arjona added that the international character of the response shows the value of cooperation in moments of crisis.
“No single institution can carry the full burden of a catastrophe of this scale,” he said. “Authorities, rescue teams, humanitarian organisations, faith communities, private donors and trained volunteers each have a role. What matters is that affected families receive timely, respectful and useful assistance.”
As Venezuela continues to recover from the earthquakes, the needs remain significant. Safe water, sanitation, temporary shelter, medical attention, protection for displaced families and emotional support are among the priorities reported by humanitarian actors. For the Volunteer Ministers, remaining present during this phase is part of the same commitment that brought them into the affected areas in the first place: to help restore order, dignity and hope where disaster has struck.
The Church of Scientology, its missions, groups and members are present throughout the European continent, where their recognition as charitable and bona fide religious communities continues to grow. Inspired by the works of L. Ron Hubbard, Scientology-supported humanitarian initiatives include drug prevention education, human rights awareness, moral education through The Way to Happiness, and Volunteer Minister service in times of need. Through education, prevention and community betterment, these initiatives contribute to civic responsibility and practical solidarity across Europe and beyond.
Media Contact
Organization: European Office Church of Scientology for Public Affairs and Human Rights
Contact Person: Ivan Arjona
Website: https://www.scientologyeurope.org
Email: Send Email
Address:Boulevard de Waterloo 103
City: Brussels
State: Brussels
Country:Belgium
Release id:46948
The post Scientology Volunteer Ministers Continue Bringing Help and Hope to Venezuela After Devastating Earthquakes appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
B&W Productions Marks 33 Years With New South African Event Planning Platform
B&W Productions, a South African event management and production company founded in 1993, has launched a new digital platform as it marks 33 years in business.
MEYERTON RANDVAAL, South Africa, July 8, 2026 — B&W Productions, a South African event management and production company founded in 1993, has launched a new digital platform as it marks 33 years in business. The new website brings together company information, service pages and a growing library of planning content for corporate clients, brands and organisations seeking event support in South Africa.
The platform presents B&W Productions’ core positioning in a more accessible digital format, combining brand background, enquiry pathways and practical planning content in one place. On its public-facing pages, the company says it has delivered more than 9,000 events over three decades and worked with more than 500 clients across South Africa, reflecting a long-standing presence in the country’s event sector.
In addition to the company profile, the website now gives visitors direct access to event management and production services covering planning, coordination, technical production, catering coordination, entertainment sourcing and destination event support. That structure creates a clearer digital path for organisations evaluating vendors for conferences, launches, staff events, festivals and other large-scale activations.
The launch also expands B&W Productions’ editorial footprint through its event planning blog, where the company is publishing articles tailored to business event decision-makers in South Africa. Visible topics include corporate event ROI, digital transformation in event management, audio-visual preparation, event production timelines, large-event planning and employee year-end function strategy.
Among the current resources, the company has published an Essential Event Planning Checklist for Businesses focused on vendor coordination, branding and guest experience. The site also features articles such as “The Complete Guide to Corporate Event ROI”, “Audio Visual Checklist for Seamless Corporate Events”, “Event Production Timelines That Keep Large Events Stress-Free”, and “How to Plan a Successful Year-End Function for Employees”, all of which support the platform’s role as a practical information hub in addition to a service website.
The milestone is notable because it reflects how established event companies are increasingly using digital publishing to support client education before the briefing stage begins. B&W Productions’ website positions experience and service delivery alongside searchable planning content, aligning its offline event history with a more digital-first approach to discovery and engagement.
Founded by Bibi Burness in 1993, B&W Productions describes itself as a full-service event management company serving clients across South Africa. Its public materials state that the business has supported everything from corporate functions and conferences to concerts, ceremonies and destination events, with operations spanning major markets from Johannesburg to Cape Town.
With the new platform now live, B&W Productions is using its 33-year milestone to formalise how prospective clients research the company, understand its service model and access planning insights online. The result is a more complete digital front door for South African organisations seeking experienced event support in a market where preparation, logistics and technical execution continue to play a central role in event success.
Media Contact
Organization: B&W Productions
Contact Person: Bernie Burness
Website: https://bwproductions.co.za/
Email: Send Email
Contact Number: +820823216520
Address:Unit 1, 19 Kransvalk Rd
Address 2: Highbury
City: Randvaal
State: Gauteng
Country:South Africa
Release id:46947
The post B&W Productions Marks 33 Years With New South African Event Planning Platform appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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