Landis+Gyr Adds Senior Leaders to Drive Growth as U.S. Grid Investment Accelerates

The energy technology leader strengthens executive leadership and aligns Grid Intelligence and Connected Platforms to help utilities meet growing demand from AI, electrification and an increasingly distributed energy system

CHAM, Switzerland and ALPHARETTA, Ga., Aug. 4, 2026 /PRNewswire/ -- Landis+Gyr Group AG (SIX: LAND), a global energy technology leader today announced two senior leadership appointments and an evolution of its operating model as the company expands its focus in the growing U.S. utility market.

Roque Martin has joined as Senior Vice President of Connected Platforms, and Eugene Mazo has joined Landis+Gyr as Senior Vice President of Grid Intelligence.

Together, they will lead two complementary businesses aligned with how utilities are modernizing electric and gas networks.

Connected Platforms brings together the intelligent devices, communications technologies and services that form the trusted foundation of utility operations. Grid Intelligence brings together software, analytics, AI and intelligent applications that transform infrastructure and operational data into actionable insights and better decisions.

"The level of investment and innovation happening across the U.S. energy sector is unlike anything we've seen in decades," said Peter Mainz, Chief Executive Officer of Landis+Gyr. "Today, a new story about where our grid is headed is being written as utilities make generational investments in the infrastructure and intelligence required to power AI, advanced manufacturing, transportation and a more electrified economy."

U.S. electricity demand is entering a period of sustained growth after remaining relatively flat for much of the past two decades. Some industry forecasts project U.S. load growth approaching 5% annually through 2035. Data centers are becoming one of the most significant sources of new load. The U.S. Department of Energy cites research estimating that data centers could account for as much as 9% of U.S. electricity consumption by 2030, driven in part by the rapid development and adoption of AI.

"For Landis+Gyr, this is an opportunity to build on generations of utility trust while bringing greater focus and investment to the technologies our customers will need next," Peter said. "The future of the grid will depend on both connected infrastructure and the intelligence to operate it more effectively. Eugene and Roque bring the experience to scale those capabilities and help our customers navigate this next era with confidence."

Leadership for the next era of intelligent energy

Roque most recently served as Chief Executive Officer of Aras and previously held senior leadership positions at PTC and IBM. He has extensive experience leading global technology and enterprise software organizations through periods of growth and transformation while maintaining a strong focus on customers. As Senior Vice President of Connected Platforms, Roque will lead the intelligent devices, communications technologies and services that connect critical assets across electric and gas networks.

"Utilities need secure, resilient platforms that can support today's operations while creating the foundation for capabilities that are still emerging," Roque said. "Landis+Gyr has earned the trust of utilities over more than a century. We're excited to help build on that legacy as our customers prepare their networks for the next generation of energy demand and innovation."

Eugene joins Landis+Gyr from Acuity Brands, where he served as General Manager of the Atrius business, leading the strategy, growth, and global operations of a connected software and IoT platform for intelligent spaces. Prior to that, he was co-founder and CEO of DGLogik, which he scaled and successfully exited through acquisition by Acuity Brands. Throughout his career, Eugene has built and led software-driven businesses that combine data, IoT, and intelligent technologies to help customers solve complex operational challenges. As Senior Vice President of Grid Intelligence, Eugene will lead the company's software, analytics, AI and intelligent applications portfolio. The business is focused on helping utilities use data from connected infrastructure to strengthen reliability, resilience, safety, operational performance and customer service.

"The opportunity is not simply to connect more assets, but to help utilities understand what is happening across their networks and act on that information with greater speed and confidence," Eugene said. "Landis+Gyr has the installed infrastructure, customer relationships and industry expertise to turn grid data into meaningful operational intelligence at scale."

The appointments of Eugene and Roque build on a broader effort to strengthen Landis+Gyr's executive leadership team as the company accelerates its strategy around intelligent energy and long-term growth.

Over the past year, the company has added senior leaders across marketing, strategy and human resources to help position Landis+Gyr for its next phase of growth.

Sheila Dehdashti joined as Chief People Officer and is leading the company's global people strategy, talent development and organizational transformation, helping ensure Landis+Gyr continues building the capabilities and culture needed to support its long-term ambitions. 

Lisa Magnuson joined as Chief Marketing Officer and is leading the company's global marketing, communications and brand strategy, helping sharpen how Landis+Gyr communicates its value to customers, partners and investors.

Carter Shoop joined as Chief Strategy Officer and is leading corporate strategy and strategic initiatives, helping align the company's long-term priorities, investments and execution as it expands its position in intelligent energy.

"Building the future of intelligent energy requires exceptional leadership across every part of the business," Peter said. "Together, this leadership team brings deep expertise in technology, strategy, people and market leadership that will help us innovate faster, execute with greater focus and create even greater value for our customers."

About Landis+Gyr

Landis+Gyr is a global energy technology leader delivering intelligent solutions that connect devices, data and decisions across the grid. Our mission is to accelerate the energy evolution through purposeful innovation and trusted partnerships.  Trusted by more than 2,000 utilities worldwide, we transform traditional infrastructure into intelligent, networked systems that provide real-time grid visibility and control. With these insights, electric, gas and water utilities can anticipate demand, optimize operations and deliver energy that is more reliable, resilient, accessible, safe and sustainable. For more information, please visit landisgyr.com

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Landis+Gyr Adds Senior Leaders to Drive Growth as U.S. Grid Investment Accelerates

Landis+Gyr Adds Senior Leaders to Drive Growth as U.S. Grid Investment Accelerates

NEW YORK, Aug. 4, 2026 /PRNewswire/ -- Sharon AI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries ("Sharon AI" or the "Company"), a leading Australian Neocloud, today announced that it has entered into a five-year cloud computing service agreement with a global artificial intelligence ("AI") platform. The agreement has a total contract value of US$373 million over its five-year term.

Under the agreement, Sharon AI expects to deploy cloud computing solutions across its AI infrastructure in Australia. The Company expects revenue under the agreement to commence during the first quarter of 2027.

Following execution of this agreement, Sharon AI's total AI Factory capacity remains at 132 megawatts (MW) but has now contracted a total of 120MW to end customers. The Company will upgrade from 62,000 to 64,000 NVIDIA GPUs across its AI Factory platform by mid-2027.

The initial deployment under this agreement is expected to utilize 2,048 NVIDIA Blackwell Ultra B300 GPUs. Additional deployments may occur over the term of the agreement in accordance with customer requirements and the terms of the contract.

The agreement further supports Australia's ambition to become a leading destination for AI infrastructure investment in the Asia-Pacific region. By deploying advanced AI compute capacity within Australia, Sharon AI is helping to expand the nation's sovereign AI capability, enabling global AI platforms to access high-performance infrastructure while supporting the development of a broader domestic AI ecosystem.

As demand for AI infrastructure continues to accelerate, long-term customer commitments such as this contribute to investment in Australian digital infrastructure, strengthen the country's position as a regional AI hub and create opportunities for Australian businesses, researchers and government organizations to access world-class AI compute closer to where it is needed.

James Manning, Co-founder and Chief Executive Officer of Sharon AI, said:
"This agreement represents an important milestone in the continued expansion of Sharon AI's customer base and contracted AI infrastructure capacity. As organizations increasingly seek access to sovereign, high-performance AI compute, we remain focused on delivering scalable infrastructure that supports the evolving needs of AI platforms, enterprises and governments.

"We continue to see strong demand for AI infrastructure in Australia and across the Asia-Pacific region, and this agreement reflects our strategy of securing long-term customer commitments as we expand our AI Factory platform."

About Sharon AI

Sharon AI (NASDAQ: SHAZ) is a leading Australian neocloud expanding access to artificial intelligence through trusted, secure and sovereign AI infrastructure. Through its AI Factory platform and colocation partners, Sharon AI enables organizations across Australia, New Zealand, and globally to confidently build, train and deploy AI at scale. For more information, visit www.sharonai.com.

Disclosure Information

Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (Sharon__ai) and/or LinkedIn account (Sharon-AI) to disseminate information about the Company and can be additional sources of information outside press releases, regulatory filings with the SEC and any other conference calls, webcasts, investor days, etc. that the company may hold.

Forward-Looking Statements

This press release may contain, and our officers and representatives may from time to time make, "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts, and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "could," "should," "would," "project," "strategy," "plan," "expect," "goal," "seek," "future," "likely" or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI's management team's expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:

• Service and product offerings;
• Receipt and use of proceeds;
• The deployment of assets and expansion of network procurement;
• Sharon AI's ability to engage with additional potential customers;
• Expansion of Sharon AI's data center footprint and capacity; and
• The strengthening of Sharon AI's partner network.

In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K filed with the SEC and other reports subsequently filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.

The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Contacts 

Media
media@sharonai.com

Investors
investors@sharonai.com

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Sharon AI Announces US$373m Five-Year AI Cloud Service Agreement