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
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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.
The Shortage Everyone Talks About Is the Wrong One
Georgia, USA, 16th October 2026, ZEX PR WIRE, Every few months another report says manufacturing cannot find enough skilled workers. Edmund Dorsz has heard that line for most of his career, and he thinks it skips the actual problem.
“Companies will post for a CNC programmer with five years of experience,” he says, “but they won’t say who is supposed to teach that person the parts of the job that never show up in a manual.”
Dorsz has worked across CAD and CAM systems including Siemens NX, SolidWorks, Mastercam, and CATIA V5. He says the software is rarely the hard part. The hard part is judgment, the kind that comes from someone standing next to a new hire at a machine and explaining why a toolpath that looks fine on screen will chatter on the actual part.
What Gets Lost When Nobody Is Assigned to Teach
Dorsz says the mentorship that used to happen informally, a senior programmer walking a newer one through a setup, has gotten thinner as shops run leaner and schedules get tighter.
“Nobody decided to stop training people,” he says. “It just stopped being anyone’s job in particular, so it happens less.”
He points to a gap he sees often: new programmers who are strong in the software but have never had to explain a toolpath choice to someone running the machine. “You can model a part perfectly and still hand the floor something that’s a headache to cut,” he says. “That’s not a software problem. That’s an experience problem.”
Dorsz owned and ran Accelerated Precision Tooling Company in California before moving into his current role, so he has seen the gap from both sides, as an employer trying to staff a shop and as a programmer trying to get a part right the first time.
Why He Still Makes Time for It
Dorsz says he takes training requests from coworkers seriously, even when it slows down his own week. “If someone asks me to walk through why I set a part up a certain way, I’ll stop and do it,” he says. “It costs me twenty minutes. It can save them a scrapped part later.”
He is careful to draw a line between correcting someone’s work and dismissing it. “I had people do that to me early on, and it didn’t make me better, it just made me quiet,” he says. “I’d rather someone ask a question twice than guess once and be wrong.”
He also pushes back on the idea that patience is a soft skill that does not belong on a shop floor. “Precision work is unforgiving,” he says. “But that doesn’t mean the people doing it have to be. You can hold a tight tolerance and still be easy to work with.”
What He Tells Programmers Starting Out
Dorsz says the advice he gives newer programmers is less about which CAD/CAM system to learn and more about staying curious once they know one. “Get good at your first system, but don’t stop there,” he says. “The programmer who only knows one way to solve a problem runs out of options fast.”
He also tells them not to treat the screen as the whole job. “The part doesn’t live in the software,” he says. “It lives on the machine. Go stand next to it when you can.”
To read more, visit the website here.
About Edmund Dorsz
Edmund Dorsz is a CNC programmer and manufacturing engineer based in Newnan, Georgia. He has worked with Siemens NX, AutoCAD, SolidWorks, Mastercam, and CATIA V5, and previously owned Accelerated Precision Tooling Company in California. He has been with Clayton International Inc. since January 2025.
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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.
Veterinarian Dr. Jennifer Creed discusses why everyday experiences with people, animals, and household activity matter when families research how a kitten was raised.
Illinois, USA, 16th October 2026, ZEX PR WIRE, Long before a kitten arrives in a new home, it has already spent weeks learning about the world around it. The people it encounters, the animals nearby, and the everyday activity around it all become part of those early experiences.
Dr. Jennifer Creed, a practicing small-animal veterinarian and founder of Midwest Ragdolls in Elburn, Illinois, believes prospective owners should consider that part of a kitten’s background alongside questions about veterinary care and health.
“My kittens are raised by my family and me and are used to being around kids and dogs,” Creed says. “That is simply part of their normal environment from early on.”
For Creed, the point is not that early socialization can guarantee how a cat will behave as an adult. Every kitten is an individual, and many factors can influence temperament. Instead, she encourages families to ask a broader question when researching a breeder: What has everyday life actually looked like for this kitten?
What Does Socialization Mean for a Young Kitten?
Socialization is sometimes treated as a formal training program. In practice, many important experiences can happen through ordinary daily life.
A young kitten may hear people moving through a home, meet different family members, experience routine handling, or notice other animals nearby. These experiences introduce the kitten to situations it may encounter again after joining a new family.
At Midwest Ragdolls, the family-run structure means this exposure is built into the environment in which the kittens are raised. Creed has no employees at the cattery. Her children help with the kittens, and dogs are also part of the environment.
“Veterinary care is important, but raising an animal involves more than what happens during an examination,” Creed says. “You are also looking at the environment that animal experiences during an important period of its early life.”
Why Early Experiences and Temperament Are Not the Same Thing
Creed cautions against assuming that only early socialization creates a predictable personality.
Genetics, individual temperament, later experiences, and the environment in a new home can all shape how a cat behaves.
Ragdoll kittens are bred for a specific temperament. They are friendly , outgoing cats but the environment they are raised in is very important.
That distinction matters for families researching breeders. Statements about kittens being raised around children or other animals can provide useful information about their background, but they should not be interpreted as promises about future behavior.
For Creed, the more practical question is whether kittens have opportunities to experience normal interaction before they leave.
“You cannot promise that every kitten will respond to every situation in exactly the same way,” Creed says. “They have individual personalities. What you can do is start with a very social breed and think carefully about the experiences they have while they are in your care.”
What Should Families Ask About a Kitten’s Early Environment?
When prospective owners speak with a breeder, Creed recommends learning about daily life rather than focusing only on a list of veterinary procedures.
Families can ask where the kittens are raised, who regularly interacts with them, whether they have experience around children or other animals, and what normal activity they encounter. They can also ask how much direct interaction the breeder has with the kittens.
Those questions can provide a more complete picture of the weeks before a kitten joins its new family.
This is particularly relevant because bringing a kitten home represents another major environmental change. New people, unfamiliar rooms, different sounds, and possibly other pets can all arrive at once.
Creed says families should expect adjustment to take time rather than assuming that a well-socialized kitten will immediately feel comfortable in every situation.
Socialization Continues After a Kitten Comes Home
The breeder is responsible for only the beginning of a kitten’s experiences. Once a kitten leaves, its new family must continue that process.
Creed encourages owners to allow kittens to become familiar with a new home gradually. Introductions to unfamiliar people, pets, rooms, and routines do not have to happen all at once. Paying attention to how an individual kitten responds can help families decide when to move forward and when to give the animal more time.
The same principle applies to children and other pets. A kitten having previous experience around children or dogs does not mean every future interaction will automatically be comfortable. New introductions still require supervision, patience, and attention to the animals involved.
That continuing process is one reason Creed believes prospective owners should think about socialization as more than something a breeder completes before a kitten goes home.
“The early weeks matter, but they are only the beginning,” Creed says. “Families continue building on those experiences once the kitten becomes part of their home.”
For Midwest Ragdolls, that beginning takes place within the Creed family’s own environment. More than three decades after the cattery was founded in 1993, kittens are still raised with direct family involvement and regular exposure to children and dogs.
The approach reflects a simple idea: veterinary care provides important information about a kitten’s health, while everyday experiences form another part of its early development. Families researching a kitten can benefit from asking about both.
About Midwest Ragdolls
Midwest Ragdolls is a family-run Ragdoll cattery based in Elburn, Illinois. Founded in 1993 by practicing small-animal veterinarian Dr. Jennifer Creed, Midwest Ragdolls raises purebred Ragdoll kittens for families primarily throughout the Midwest and across the United States.
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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.
One year after opening at the foot of Mount Fuji, the Church of Scientology Mission of Shizuoka marks its first anniversary on October 25, 2026, with courses, seminars and a public display in operation.
Shizuoka, Japan – October 16, 2026 – The Church of Scientology Mission of Shizuoka marks its first anniversary on October 25, 2026, completing one year of operation at its location on Road 75 in Shizuoka City, Japan. The anniversary is the Mission’s first annual milestone since it opened as an Ideal Scientology Mission in October 2025.
Shizuoka City is the capital of Shizuoka Prefecture, located on Honshu, the main island of Japan, between the Pacific coast and the slopes of Mount Fuji. The Mission serves residents of the city and the surrounding region, and is one of the Church of Scientology’s centers in Japan.
Over its first year, the Mission has operated as a center for the introductory services of the Scientology religion. These include Life Improvement Courses on everyday subjects such as marriage, parenting, personal motivation and goal setting; seminars on topics including personal efficiency and the fundamentals of Dianetics and Scientology; and auditing, the religion’s form of spiritual counseling. The Mission also maintains a Public Information Display with multimedia presentations on the beliefs and practices of the Scientology religion and on the life of its Founder. The display is open to visitors.
Scientology Missions are local centers of the Scientology religion that deliver its basic and introductory services. An Ideal Mission is one equipped to provide the full range of those services under one roof. The Shizuoka Mission opened on October 25, 2025, following a dedication ceremony attended by parishioners and guests from across Japan and from overseas, including Taiwan and Australia. The one-year mark follows the Mission’s first full annual cycle of courses, seminars and public access.
At the Mission’s dedication, the Executive Director said: “This Mission represents more than a building. It’s a new starting point.” One year later, the Mission is in regular operation, with courses, seminars and the Public Information Display open to residents of Shizuoka and the surrounding region.
The Church of Scientology Mission of Shizuoka is located on Road 75 in Shizuoka City, Shizuoka Prefecture, Japan. More information about the Scientology religion is available at scientology.org.
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Scientology Mission of Shizuoka Marks First Anniversary at Foot of Mount Fuji
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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.
Midwest Ragdolls Highlights Why a Kitten’s Early Environment Matters
Edmund Dorsz Says the CNC Trade Is Losing Its Mentors, Not Just Its Workers
Scientology Mission of Shizuoka Marks First Anniversary at Foot of Mount Fuji
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