Business Wire

NJ-OPEX-CORP

30.4.2024 09:01:33 CEST | Business Wire | Press release

Share
OPEX® Infinity® Automated Storage and Retrieval System Wins Prestigious International Red Dot Award for Product Design

OPEX® Corporation, a global leader in Next Generation Automation for almost 50 years, is proud to announce its Infinity® automated storage and retrieval system (AS/RS) has been recognized with the prestigious Red Dot Award: Product Design 2024. The annual Red Dot Award design competition is regarded as one of the best-known and largest in the world, with winners selected by an international panel of experts who follow the credo, “In search of good design and innovation.”

“We are honored that our Infinity AS/RS has been named the winner of the Red Dot Award: Product Design 2024,” said Alex Stevens, President of Warehouse Automation, OPEX. “At OPEX, we’re continuously developing products and introducing new technology that will help our clients solve their most significant business challenges. Receiving this award demonstrates the significant effort our development team invested to bring Infinity to market.”

OPEX Corporation’s Infinity AS/RS is a goods-to-person technology solution for warehouse automation, designed to combine unparalleled storage density, configurability and flexibility, and increase productivity, throughput and labor utilization. The system features wireless Infinity iBOT® robotic vehicles that can access the entirety of inventory and port stations, moving freely underneath and throughout the system without any wasted mechanical motion, saving both time and cost.

The Infinity AS/RS utilizes a unique interlocking system to store totes triple-deep, and the configurable rack design optimizes warehouse space despite any obstructions that may exist, such as columns or other equipment. This solution is easily scalable by adding more iBOTs, presentation ports and storage expansion modules. With its unmatched reliability and accelerated throughput, the Infinity solution is ideal for multiple applications, including omni-channel distribution, store replenishment, micro-fulfillment and ecommerce.

“OPEX is committed to delivering advanced technology that transforms our clients’ supply chain infrastructure,” said Monty McVaugh, Head of Product, Warehouse Automation, OPEX. “The Infinity AS/RS has been meticulously engineered to improve workflow, reduce costs and drive efficiencies. Our team is deeply grateful this innovative solution is being recognized with the Red Dot Award: Product Design 2024.”

The coveted Red Dot distinction serves as the internationally recognized seal of outstanding design quality. This annual competition is divided into three disciplines: Product Design, Brands & Communication Design, and Design Concept. Award winners are honored at the Red Dot Gala in Essen, Germany, and featured in the Red Dot yearbook, museum and online.

The 2024 Red Dot Award: Product Design jury was comprised of 39 experts from 20 countries across four continents. Submissions were received from 60 different countries. Award winners were selected based on numerous aspects including aesthetic appeal, functionality, and smart or innovative engineering, with all of these attributes demonstrating outstanding design as a common theme.

About OPEX

OPEX® Corporation is a global leader in Next Generation Automation, providing innovative, unique solutions for warehouse, document and mail automation. With headquarters in Moorestown, NJ, USA—and facilities in Pennsauken, NJ; Plano, TX; France; Germany; Switzerland; the United Kingdom; and Australia—OPEX has more than 1,500 employees who are continuously reimagining and delivering customized, scalable technology solutions that solve the business challenges of today and in the future.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240430011335/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Incyte Announces the European Commission Approval of Zynyz® (retifanlimab) for the First-Line Treatment of Advanced Squamous Cell Carcinoma of the Anal Canal (SCAC)6.3.2026 22:42:00 CET | Press release

- Zynyz® (retifanlimab) in combination with carboplatin and paclitaxel (platinum-based chemotherapy) is the first systemic treatment for adult patients with advanced SCAC in Europe- The EC approval is based on results of the POD1UM-303 study which showed that adult patients with advanced SCAC achieved significantly improved progression-free survival with Zynyz in combination with carboplatin and paclitaxel as a first-line treatment compared to chemotherapy alone.1 Incyte (Nasdaq:INCY) today announced that the European Commission (EC) has approved Zynyz® (retifanlimab) in combination with carboplatin and paclitaxel (platinum-based chemotherapy) for the first-line treatment of adult patients with metastatic or with inoperable locally recurrent squamous cell carcinoma of the anal canal (SCAC). “The EC approval of Zynyz marks an important step forward for patients with advanced SCAC, a rare cancer for which meaningful treatment advances have not occurred in several decades,” said Bill Meur

Dfns Launches Payouts6.3.2026 21:27:00 CET | Press release

Dfns today announced the launch of Payouts, a new API enabling institutions to convert stablecoins to fiat and route payouts across multiple bank accounts while keeping wallet-level governance and controls in place. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260305327930/en/ Convert stablecoins to fiat and settle payouts to bank accounts in 94 countries, today. Solving the problem of single-rail off-ramps Today, most fintechs and institutions still hard-wire a single payout provider into their stack, or rely on vertically integrated models that bundle routing, pricing, custody, and settlement together. That approach may be convenient early on, but it creates structural problems at scale: weak price discovery because there is no competitive pressure on margins, limited auditability because routing decisions are opaque, and operational fragility because a single provider degradation in any corridor requires architectural i

Klarna Group Plc Clarifies Mechanics of March 9 Lock-Up Expiration6.3.2026 20:23:00 CET | Press release

Klarna Group plc (NYSE: KLAR) today issues the following clarification to ensure investors and market participants have accurate information regarding the mechanics of its lock-up expiration on March 9, 2026, the processes required before pre-IPO shares can be traded on the NYSE, and the prior liquidity opportunities already available to shareholders. This release contains only factual descriptions of the Company's share structure and applicable processes. It does not constitute guidance or a projection of any kind regarding future trading volumes, share price, or the intentions of any shareholder and speaks only as of the date of this press release. 1. 335 million locked-up shares — but two different categories Of the 378 million total ordinary shares outstanding, approximately 335 million are subject to lock-up restrictions expiring March 9, 2026. However, these shares fall into two distinct categories governed by separate sets of regulations. A. 159 million shares (48% of locked-up

Lone Star Funds Announces Agreement to Acquire the Capsules & Health Ingredients Division of Lonza Group AG6.3.2026 18:30:00 CET | Press release

Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XII, L.P. has entered into a definitive agreement to acquire the Capsules & Health Ingredients (“CHI”) division of Lonza Group AG. As part of the transaction, Lonza will retain a 40% equity position in the business. Headquartered in Basel, Switzerland, CHI operates globally across the Americas, Europe and Asia Pacific. The business comprises three segments: Hard Empty Capsules: leading global manufacturer of gelatin and plant-based capsules offering a broad range of innovative solutions for pharmaceutical and nutraceutical customers. Dosage Form Solutions: end-to-end development and manufacturing platform serving nutraceutical and pharmaceutical customers. Health Ingredients: provider of branded, science-backed nutrition ingredients serving joint health, energy and active lifestyle markets. Lone Star believes CHI is a high-quality, globally recognized platform with strong technical capabilities, different

Sutherland Launches FinAI Hub to Industrialize Agentic AI for Banking and Financial Services6.3.2026 14:00:00 CET | Press release

A domain-trained AI agent workforce enables production-scale AI across regulated financial institution operations Today, Sutherland announced the launch of Sutherland FinAI Hub, an enterprise Agentic AI platform built exclusively for Banking and Financial Services. As financial institutions accelerate AI adoption, many initiatives remain confined to pilots, unable to scale across legacy systems and core operations. Sutherland FinAI Hub is designed to help close that gap. FinAI Hub is an innovation ecosystem where Sutherland works with clients to design, prototype, and scale Agentic AI workflows across core operations. At launch, the platform brings together a large and expanding workforce of domain-trained AI agents purpose-built for financial institutions, supporting functions across retail banking, payments, cards, consumer and commercial lending, servicing, back office, risk and compliance functions. These modular agents can operate independently or be orchestrated across end-to-end

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye