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Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com
December 27, 2021 10:00 AM Eastern Standard Time
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News ReleaseQX Global Group
QX Global Group, a global leader in knowledge process outsourcing services with a significant and growing presence in North America, today announced the appointment of Sagar Ahuja as a Board Director with an additional role of CEO of QX Accounting Services. Mr. Ahuja will drive the strategic growth of the QX Accounting Services business division as well as play a vital role in ensuring overall client and customer success by further expanding the business into the North American and Australian Markets. With rich experiences spanning across more than 16 years and deep domain knowledge in providing outsourcing services to accounting firms, CPAs, and EAs across the UK, USA, Australia and New Zealand, Mr. Ahuja has led organizational development, strategic planning and leadership development mandates in his previous stints. Commenting on the appointment, Mr. Frank Robinson, Group CEO, QX Global Group, said, “We are very excited to have Sagar join our Board of Directors and lead QX Accounting Services, especially at time when QX Global Group is accelerating expansion in North America and Australia. Sagar recognizes the unique opportunity that our services provide to accounting firms in the US, Canada, UK, Ireland and Australia, which makes him a great fit for QX as we grow our business across all these regions. I know I speak for the other board members when I say that we look forward to the valuable perspective he will provide related to QX’s strategy, operations and management Sagar is an ACCA (The Association of Chartered Certified Accountants) qualified chartered accountant from the UK with an MBA from Cardiff University. His knowledge and functional expertise include a proven track record of successfully developing and leading multidisciplinary teams with a firm commitment to client servicing, establishing business and stakeholder objectives while delivering growth and profitability. He will be based in Noida, India and report to Mr. Frank Robinson. “I am thrilled to be a part of QX and have already felt the great sense of community here with my colleagues and the leadership team. This is a great time to join QX as we accelerate our global expansion plans, and develop our amazing talent to become a global leader,” says Sagar Ahuja, CEO, QX Accounting Services. QX has carved out a formidable niche in providing exceptional services in Finance and Accounting, Recruitment Consulting and Accounting Services. Organizations across fifteen industries vouch for QX’s services in key business areas such as accounts outsourcing, F&A outsourcing, back-office recruitment services, IT & business transformation advisory. The QX family of more than 2,000 professionals based out of the four delivery centres in India continues to unlock business value by improving process efficiencies and automation. About QX Global Group QX Global Group is a leading provider of business process management services. With over 17 years of accounting and recruitment process outsourcing experience, we help our clients unlock business value by improving process efficiencies and automation in the accounting and recruitment function to enable business transformation. We are based out of the UK with offices in the USA, Canada, Australia and India. Contact Details Vishal Kurani +1 646-693-9693 vishal.kurani@qxglobalgroup.com Company Website https://qxglobalgroup.com/
December 27, 2021 06:06 AM Central Standard Time
News ReleaseNofar Energy
In line with its strategic plan, Nofar Energy (TASE-NOFR) continues its global expansion by moving into the UK renewable energy market. Today, the company reported that it had entered into an agreement with Interland, an investment group that is focused on real estate and energy storage investments in the UK and Europe. Under the agreement, Nofar and Interland will jointly own a dedicated platform for the origination, development, construction, financing, and operation of battery energy storage projects in the UK, that shall be held by the JV. Nofar will hold 75% of the joint venture, and Interland the remaining 25%. The company today reported the first project of this new partnership. The report sets out an agreement entered into for the Cellarhead project, UK's largest planned battery energy storage project. The project will connect to UK's power grid using a 300 to 349 Megawatt connection, with a storage capacity of c. 700 MW/h. The estimated construction costs of the project are £214 million, with estimated annual revenues of £42 million and estimated annual EBITDA of £35.5 million respectively. The company plans to start construction in the first half of 2022 and connect it to the grid in the second quarter of 2024. Concurrently, the partnership is developing or working to develop additional battery energy storage projects on a substantial scale. Nofar's entry into the UK is a significant step in its energy storage operations. Nofar constructed and connected Israel's first project to include battery energy storage, that was connected it to the national power grid, at Kibbutz Nir-Yitzhak. Nofar has also signed strategic procurement agreements with Tesla for the supply of battery energy storage with an aggregate capacity of 300 MW/h, and developed the first facility in Israel deploying Tesla's battery energy storage systems to the power grid (at Kibbutz Shoval). The new projects add to dozens of storage facilities to be run by Nofar's partnerships across Israel. Just last week, Nofar inked an agreement with Mivne Real Estate on developing, building and maintaining storage projects with an aggregate capacity of a 400 MW/h, the largest such undertaking in Israel. Nadav Tene, CEO of Nofar Energy, said, "Nofar Energy continues to realize its expansion strategy by now entering into the battery energy storage field in the UK, which is characterized by significant growth and high yields. Moreover, battery energy storage requires specific engineering, operating, financing, and commercial expertise. The new partnership with Interland to jointly provide the UK's largest storage project represents significant progress for Nofar. It allows Nofar to leverage its entrepreneurial capabilities an organizational structure that includes global engineering and operational capabilities and leadership in the energy storage field in Israel." Tene added, "We chose Interland as our partners in this venture because of their extensive proven record in initiating real estate projects in the UK, and their abilities with respect to battery energy storage. The partnership will generate significant growth, hundreds of megawatts, and a significant return on investment. I want to congratulate our new partners on this project and thank Nofar Energy's excellent team for their devotion and professional work over the past few months. I wish us all success in the new operations." Oleg Vorobeichik, Managing Director, Interland: “Interland continues its growth and diversification into new strategic business lines. Battery energy storage is the missing link that will allow stabilising the built-in volatility in renewable energy sources and driving the shift to renewable energies. We identified battery energy storage as a strategic growth segment that has the potential to generate significant long-term returns for our group and our partners at Nofar Energy. We are excited to partner with Nofar Energy. Our joint venture’s first investment in Cellarhead is the largest battery energy storage investment in the UK and one of the largest in the world. Interland’s and Nofar Energy’s track record in designing, planning, developing, executing and operating projects as well as our combined skill set would allow us to become a leading player in the UK Battery Energy Storage market and win significant market share in the coming years. Teams from Orrick, Herrington and Sutcliffe (UK) and M. Firon and Co. (Israel) provided legal support to Nofar Energy on the joint venture arrangements with Interland. The capital markets team at Deloitte Israel served as investment bankers for the joint venture between Nofar and Interland. On the Cellarhead transaction, Nofar and Interland were advised by the energy team at Howard Kennedy LLP. Contact Details Nofar energy DIKLA IVRI +972 52-380-4085 DIKLA@IVRIPR.COM Company Website https://www.nofar-energy.com/
December 21, 2021 10:00 AM Eastern Standard Time
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News ReleaseQX Global Group
QX Global Group, a global leader in knowledge process outsourcing services with a significant and growing presence in North America, today announced the appointment of Ms. Rina Mancini as Managing Director of QX Franchise Limited, a subsidiary that owns the Master Franchise rights for TaxAssist Accountants in Canada. Rina will be instrumental in propelling QX’s inorganic growth strategies, which include expanding the geographic reach as well as extending the organization's accounting footprint and experience into new verticals. With a proven track record of over 25 years, Rina has experience within the Financial Services, Franchising, and Information Solutions industries. She has accomplished knowledge in the leadership of Operations teams, creation of New Functional Units and Departments, Consumer Credit Risk Management, Accounts Receivable Management, Call Centre Management, and Customer Service. Commenting on the appointment, Mr. Frank Robinson, Group CEO, QX Global Group, said, “Geographic expansion is a cornerstone of our growth strategy, with North America as the top priority. Rina's appointment will accelerate our inorganic growth plans as well as help extend our accounting industry experience into new verticals.” Rina will be working closely with Niraj Mehta, SVP-Operations, Johnny Rogers, VP-Franchise Development, Frank Robinson, CEO QX Global Group, and the wider TaxAssist Accountants team within QX and the TaxAssist Accountants UK head office, to recruit, train and support new franchisees across Canada. Speaking on her appointment, Ms. Rina Mancini, MD, QX Franchise Limited, said, “I am thrilled and excited to be able to continue the growth story of the award-winning TaxAssist franchise into the Canadian market. Besides providing much-need tax, accounting, and advisory services to the small business market, I believe TaxAssist Accountants will also offer significant benefits and opportunities both, to entrepreneurially oriented individuals wanting to start their own businesses, as well as to the clients they will ultimately serve.” QX has carved out a formidable niche in providing exceptional services in Finance and Accounting, Recruitment Consulting, and Accounting Services. Organizations across fifteen industries vouch for QX’s services in key business areas such as accounts outsourcing, F&A outsourcing, back-office recruitment services, IT & business transformation advisory. The QX family of more than 2,000 professionals based out of the four delivery centres in India continues to unlock business value by improving process efficiencies and automation. About QX Global Group QX Global Group is a leading provider of business process management services. With over 17 years of accounting and recruitment process outsourcing experience, we help our clients unlock business value by improving process efficiencies and automation in the accounting and recruitment function to enable business transformation. We are based out of the UK with offices in the USA, Canada, Australia and India. Contact Details QX Global Group Vishal Kurani +1 646-693-9693 vishal.kurani@qxglobalgroup.com Company Website https://qxglobalgroup.com/
December 20, 2021 08:55 AM Eastern Standard Time
News ReleaseNode Living
Global build-to-rent and coliving asset manager Node has acquired Starcity Spain S.L. to expand its high density urban living platform into Iberia. The Spanish platform will start with the repositioning and restoration of nine city centre residences in Barcelona and the development of purpose-built communities near key transport hubs in major Spanish cities. All communities will be operated under the Node brand. Node is pioneering the concept of curated living, a next generation, high density urban rental community that offers furnished studios, one bedroom and shared living accommodation for an all inclusive price with utilities and wifi included. Amenities include a variety of residents' lounges, wellness centres and coworking spaces to cater for the increasing trend of working from home. Members can join a unique global community with Node locations across North America and Europe and participate in curated events. “We are excited about our expansion into Spain, our fifth country of operations in five years since we started. The Spanish market has huge demand for an affordable and flexible rental offer that meets the needs of young urban professionals. This Spanish venture is proof of the success and global scalability of our business model in a post-COVID environment” said Anil Khera, Founder & CEO of Node. “We are delighted to partner with Node In what we see as a global consolidation of the coliving and urban living sector. The Node platform uniquely positions us for the next phase of growth in Spain, combining our Barcelona based team and portfolio with Node's global expertise, which will make us the largest and most experienced coliving company in Spain and a European market leader,” said Esteve Almirall, Partner and Head of Iberia at Node and co-founder of Starcity Spain. Node is uniquely positioned in the market as a 100% founder owned company, which unlike venture backed platforms, has allowed it to focus on building a long term, sustainable business. Node partners with local developers and invests alongside them and institutional investors to develop a new generation of urban rental assets. Node is planning large-scale expansion in the UK, Ireland, Spain, Canada and the US off the back of its recent success in cities including New York, Los Angeles, London and Dublin and has a current pipeline of 8,000 beds totalling over $1.5 billion in asset value. Node’s coliving model has stood strong over COVID “Cities are thriving again, 20-30 somethings were the first to return back to city living. Urban environments foster social interaction, creativity, and personal and professional growth by bringing people together. In all of our cities we are back to pre-COVID rents and occupancies”, said Anil Khera. Many co-living concepts have failed during the pandemic, primarily due to their tiny rooms and dorm-like feeling. The Node model of curated living is different - an offering that combines inspiring interior design and a diverse community of global members similar to Soho House, but within the context of urban living. Node's branded approach to urban living and its business model has proven highly successful during COVID. Node offers larger sized units, with creatively interior designed spaces and amenities such as SMEG retro fridges, Nest eco-thermostats and an app that connects all residents. There are communal areas for residents to socialise in, but the units are also large enough to allow for self-isolation or simply privacy. Living in a Node building has been a blessing to some residents who have been able to reside in their own apartment spaces but not feel lonely due to the communal living spaces. Node provides residents with a vibrant daytime community in which to work from home; a central, walkable neighbourhood; a "plug and play" interior designed apartment with excellent Wi-Fi; and a safe, sanitary, and professionally managed environment. "Our concept of curated living, where we give people the benefits of community living but still with the ability to have the privacy of their own home, has been the perfect mix in a pandemic. Residents are still not isolated as they are part of a building where people know and look out for each other. Roommates who do share a unit have created their safe bubble. Those who have individual units have private areas but feel secure yet not isolated. We have found a good balance of where dense urban living needs to be for the future." Live. Connect. Thrive. Why Node stands out. Node currently has communities in North America and Europe and has been home to hundreds of residents to date. Crafted for urban professionals, with world renowned design firm DesignAgency, Node’s move-in ready apartments offer sleek in-unit and shared amenities, from gorgeous, hi-spec kitchens to communal coworking spaces. Hassle-free Node living includes utilities and units are uniquely interior designed. Residents can look forward to amenities including: Locally curated artwork, cleaning services, kitchen, bed and bath packs are also available for residents who want to move in with a suitcase to an “Instagram ready” Node apartment Founder Bio. Anil Khera founded Node in 2016, and is the company’s founder and CEO. Anil has worked in real estate for nearly 20 years in the US, Europe and Asia, and was formerly a Managing Director at Blackstone, the world's largest real estate investment firm. Prior to that he worked at Credit Suisse / DLJ in Los Angeles. For more information, please visit: www.node-living.com Instagram: node.living Facebook: @nodelivingglobal LinkedIn: node. About Node Node is a global asset management company that invests, develops and manages high density urban rental communities in creative capital cities around the world. Our mission is to create the next generation of urban living with affordable, design-led and community focused residences that meet the growing needs of urban renters. Node residences are in cities throughout North America and Europe. Contact Details Node Living Nia Thomas +44 7723 019767 Nia@niapr.com Company Website https://node-living.com/
December 14, 2021 08:00 AM Eastern Standard Time
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News ReleasePCMA
PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, will be presenting at the 27 th Annual ABS East Conference; Tuesday Dec. 14 th at 9am PT/12:00pm ET. CEO and Founder of PCMA, John R. Lynch, will be speaking on the “Trends in NonQM MBS” panel addressing the growing Private Client lending market; the importance of differentiation in the NonQM space; and other key trends impacting the market.. “The NonQM marketplace is exploding but with this rapid growth has come confusion and questions; by both consumers as well as industry players,” said John Lynch, CEO and Founder of PCMA. “I look forward to talking with the other distinguished panelists about the trends happening in the NonQM space, as well as give expert insight into bespoke lending options for high and ultra-high net-worth clients; a category that is largely ignored by the industry.” John R. Lynch will contribute to the discussion on “ Trends in NonQM MBS ” panel alongside fellow industry expert panelists: Steven Schwalb, Partner at Angel Oak; Rudy Orman, Director of Correspondent Sales and Product Development at Reliant Bank; Robert Durden, Managing Director at Credit Suisse; Sharif Mahdavian, Managing Director, RMBS at KBRA; along with panel host Sadie Gurley, General Manager/Head of Capital Markets at Maxwell. “The experience of our management team and our commitment to Non-Agency Credit expansion has afforded PCMA to grow its credit facilities and expand lending guidelines, gaining market share month over month in the highly coveted Private Client community.” said Lynch. “PCMA will continue to lead the way in innovative credit strategies for high capacity estates; giving Private Clients optionality and flexibility they require, and deserve.” PCMA is the leading Non-Bank Private Client lending organization serving the needs of their mass affluent and high net worth clientele. PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes. PCMA is a diversified financial enterprise offering private client solutions through a direct to consumer and distributed retail business model. PCMA strives to build trusting and enduring relationships by putting clients and professional partners at the center of all they do. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.us.com Contact Details Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.mortgage/
December 13, 2021 12:00 PM Eastern Standard Time
News ReleaseProvana
Provana, provider of the industry's first unified platform for compliance and performance management, today announced a new partnership with a360inc, to enhance and expand technology-enabled solutions to default servicing law firms. Building on both companies' extensive expertise in the legal and financial services industries, a360inc clients will benefit from expanded e-filing capabilities and advanced data analytics tools. Scott Brinkley, Chief Executive Officer of a360inc, noted, “We’re excited to partner with Provana to offer our technology clients enhanced e-filing and BI reporting capabilities. With Provana’s nationwide e-filing solutions now accessible through all a360inc applications, our clients will have seamless access to services that better position their businesses to navigate the unpredictability of the current mortgage servicing market.” “The partnership comes at a critical time for foreclosure firms, when scale and flexibility are primary concerns, given the rapidly changing economic and regulatory landscape,” said Provana Chief Executive Officer Sandeep Bhargava. “Formalizing this relationship between a360inc and Provana builds on our promise to work with SMBs to help them overcome process-intensive challenges for higher productivity and profit.” “After working with both Provana and a360inc for many years, I’m excited to see the two companies join forces,” said Jim Ward, Chief Executive Officer of ProVest. “Together, Provana and a360inc deliver a powerful combination of technology and services that can help mortgage default servicing law firms focus on their core competencies and maximize productivity and profitability.” For up-to-date information about specific implementations, contact us. Clients can also learn more about the benefits of these unique technology solutions, schedule custom demos and meet representatives from both companies during the MBA Servicing Conference in February. About Provana Provana’s SaaS-based digital operating platform is the first of its kind, giving leaders control over process-intensive operations. We serve law firms, insurance companies, accounts receivable agencies and networked enterprises in the US market that are tightly regulated by the CFPB and other authorities. Built on decades of experience in machine learning, natural language processing and business process management, Provana helps customers manage sensitive interactions, analyze unstructured data, process personal information and ensure compliance. Provana is backed by a NYC-based Fintech PE, most recently raising funds in November 2020. Learn more at www.provana.com. About a360inc a360inc is a leading technology and outsourcing services provider to the financial services, real estate, and legal industries. Based in Addison, TX, a360inc provides case management system technology and outsourcing services to law firms, title agencies, underwriters, mortgage companies and investors. Learn more about a360inc and its suite of products and services online at www.a360inc.com. About Provana Provana is a SaaS platform that gives leaders control over process-intensive operations. We serve law firms, insurance companies, accounts receivable agencies and networked enterprises in the US market that are tightly regulated by the CFPB and other authorities. Provana is built on decades of experience in machine learning and natural language processing and helps customers manage sensitive interactions, analyze unstructured data, process personal information and ensure compliance. Provana is backed by a NYC-based Fintech PE, most recently raising funds in November 2020. Learn more at www.provana.com. Contact Details Provana Britney Schaeffer +1 469-774-2409 britney.schaeffer@provana.com a360inc Amber Benson +1 469-640-0432 amber.benson@sqft.management Company Website https://www.provana.com/
December 08, 2021 11:54 AM Central Standard Time
News ReleaseWright Runstad
Wright Runstad & Company (“Wright Runstad”) and Shorenstein Properties (“Shorenstein") today announced they have pre-leased their planned 213,000 square foot Block 13 project in the Spring District to Meta. It is the fifth building in the Spring District to be leased by Meta, bringing its total leased area in the neighborhood to over 1.4 million square feet. The Block 13 project will be located between Block 20, the former REI headquarters which was purchased by Meta in 2020, and the University of Washington’s Global Innovation Exchange. The Block 13 project was designed by NBBJ and will be constructed by BN Builders as the general contractor. Construction will commence in 2022 and completion is expected in 2024. “The successful pre-lease of the Block 13 project further exemplifies the considerable demand for commercial space in the thriving Spring District,” said Greg Johnson, CEO of Wright Runstad. “We look forward to providing our tenants with the unique and industry-leading amenities they have come to expect from us.” The transit-oriented and sustainable Spring District is Bellevue’s most exciting new neighborhood. In addition to Meta’s significant presence, it is also home to the Global Innovation Exchange, which opened in 2017. It also features over 800 residential units and Bellevue Brewing Company’s new location which is scheduled to open in 2022. More information about The Spring District can be found at www.thespringdistrict.com. About Wright Runstad & Company: Seattle-based Wright Runstad & Company develops, acquires, manages and leases high-quality commercial office and mixed-use buildings located primarily in the Pacific Northwest. The company is in its fifth decade as one of the region's premier real estate development and operating companies, delivering outstanding property performance and superior investment returns. Wright Runstad & Company maintains an exceptional reputation among tenants and institutional investors for its demonstrated commitment to integrity and high levels of quality and service. For additional information visit: www.wrightrunstad.com About Shorenstein Properties: Founded in 1960, Shorenstein Properties LLC is a privately-owned, real estate firm that owns and operates high-quality office, residential and mixed-use properties across the U.S., with offices in San Francisco and New York. Since 1992, Shorenstein has sponsored twelve closed-end investment funds with total equity commitments of $8.8 billion, of which Shorenstein committed $723.5 million. The firm uses its integrated investment and operating capabilities to take advantage of opportunities that, at the particular time in the investment cycle, offer the most attractive returns. Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures. More information is available at www.shorenstein.com. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://thespringdistrict.com/
December 06, 2021 12:00 PM Pacific Standard Time
News ReleaseKitchen Magic
Kitchen Magic, a family-owned and operated kitchen remodeling company with over 41 years of experience under its toolbelt, announced today its forecast for what the top trends in kitchen design will be in 2022, keeping homeowners informed on how to stay on the cutting edge of remodeling in the new year. According to the Joint Center for Housing Studies at Harvard University, elevated spending on residential remodeling projects will continue well into 2022. After a time of unprecedented change that spurred an exponential increase in the time homeowners spent at their homes and in their kitchens, kitchen design as we knew it, changed forever. Homeowners are still looking to further improve their kitchens, inspired by a renewed appreciation for the most used room in the home. With the new year presenting a much-needed fresh start for many, Kitchen Magic is committed to keeping clients on the forefront, uncovering ways to refresh the kitchen by way of remodeling, thus, helping them achieve their renovation resolutions. “In 2022, homeowners will be looking to optimize space and service areas in the kitchen,” said JT Norman, Product & Design Innovation Lead for Kitchen Magic. "Building up these functional areas sets the stage for a sleek and clean kitchen aesthetic.” The company’s design and innovation experts have pulled together a forecast that truly coincides with the clutter-free and practicality often associated with a new beginning. A small sampling of the 2022 Kitchen Magic design trends forecast includes: Knobs & Pulls: The Jewelry of the Kitchen Brass, gold, and champagne tone fixtures are the latest in kitchen hardware. A gold finish is one of the best ways to a add a touch of glamour to the kitchen. Forest Bathing This trend brings the outside inside using materials such as wood, stone, and greenery. When deciding on a palette, think deep, rustic hues and use of color in unexpected places such as appliances and hoods. Scandinavian Influence This trend can be described in 3 words: Clean. Minimalist. Simple. This motif features smooth, straight lines; open floor plans; large glass windows; low profile cabinetry; and geometric shapes. Vinyl is in Vogue Product manufacturing technology has come a long way with homeowners impressed by the fact that they are unable to distinguish vinyl flooring from real wood or stone. It’s one of the more cost-effective flooring options on the market. This product trend will continue past 2022 because of vinyl flooring’s durability and designs. While many homeowners are waiting for January 1 st to commence any remodeling projects, Kitchen Magic hopes that this kitchen design forecast will inspire clients to be “out with the old, in with the new” ahead of the new year. Kitchen Magic’s full 2022 kitchen design trends forecast can be downloaded here. Kitchen Magic has teams of consultants across the Northeast to help homeowners in these regions envision their upcoming projects. To learn more and schedule your free consultation, visit www.kitchenmagic.com. About Kitchen Magic Kitchen Magic is a kitchen remodeling company with headquarters and manufacturing facilities located in Nazareth, PA. Kitchen Magic has been family-owned and operated since 1979. Using an exclusive cabinet refacing process, Kitchen Magic has transformed nearly 60,000 kitchens. Today, Kitchen Magic serves CT, DE, MA, NJ, NY, PA, and RI. Kitchen Magic is recognized by Qualified Remodeler as #1 in kitchen remodeling nationwide, an 11-time Angie's List Super Service Award winner, a Best of Houzz winner for design & service 10 times, and an honored 8-time winner of The Morning Call's Top Workplace Award. Contact Details Kitchen Magic LInda Fennessy +1 800-237-0799 linda.fennessy@kitchenmagic.com Direct Linda Fennessy +1 610-217-0964 Company Website https://www.kitchenmagic.com
December 02, 2021 09:13 AM Eastern Standard Time
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