Under the leadership of board member Roberto Spano, the management of Pegasus Development AG has decided to further expand Pegastril-Nuevo production facilities. New production facilities will be set up at several locations across the world and the site in Turkey is being expanded. These investments will also create new jobs. The takeover and expansion of the following production facilities are planned in all 20 countries of Latin America, as well as France, Spain, Portugal, Greece, Cyprus, Nigeria, Ethiopia, Uganda, Tanzania, Mozambique, Angola, Mauritius, Guinea-Bissau, Cape Verde, São Tome, and Mongolia. The demand for disinfectants has skyrocketed as a result of the coronavirus. Especially high revenues are expected from products which are based on vegetable surfactants and are alcohol-free, such as Nuevo. This was the decisive factor in the management’s decision to further expand the quantity and range of Nuevo products. Pegasus Development AG promptly secured the exclusive rights by investing in Nuevo, thereby developing the Pegastril-Nuevo brand. You can find more information about the products at: www.pegastrilnuevo.ch. With new technologies and innovative ideas, Pegastril-Nuevo is working to prevent the further spread of the coronavirus and any future pandemics. Among other things, disinfection booths have been developed that can spray the whole body with disinfectant within a few seconds. These cabins are primarily intended for use at airports, train stations, and public places. A single tank of disinfectant would be enough to disinfect 10,000 people, each taking ten to twenty seconds to treat. Pegastril-Nuevo already supplies Saudi Arabia, the United Arab Emirates, and Nigeria in addition to the European countries. In future, virus protection will be the top priority in all business areas. It is becoming obvious that every restaurant and shopping centre will be required to place such a disinfectant cabin at its entrance. This is the precisely where revenue is expected to grow in the future. The cabins will allow brick & mortar shops to remain competitive against e-commerce sites. This will open up an immense market for Pegasus Development AG that promises tremendous growth. The issuer is solely responsible for the content of this announcement

New Delhi: The Graduate Management Admission Council (GMAC), administrator of the Graduate Management Admission Test™ (GMAT™) and a global association of leading graduate business schools, today announced that effective June 11 candidates taking the GMAT Online exam and the Executive Assessment Online will have a choice of whiteboard options, physical or online. In support of their core mission, GMAC also announced a commitment to maintaining the availability of online exams throughout the COVID-19 pandemic and opened additional online test appointments for both exams, currently through July 17. With uncertainty persisting in test center availability, GMAC will continue to open additional appointment dates as needed and continues to waive reschedule and cancel fees across both the online and test center exams to offer extended flexibility for test takers.

“As COVID-19 continued to shut down test centers around the world, we made a conscious choice to focus on speed and quality, delivering Online assessments that met our quality and test security standards while also empowering candidates to meet tight admissions deadlines in a virtual environment,” said Vineet Chhabra, senior director and head of the GMAT™ product at GMAC. “While we have seen GMAT Online exam score outcomes comparable to exams delivered in test centers, we’ve heard the market and are excited to provide candidates with options and additional flexibility, helping ensure they can be at their best on exam day.”

Whiteboard Options

Candidates will now have the option to use a physical whiteboard, online whiteboard, or both supporting their unique test day preferences. Appointments beginning June 11 will include the option to use a physical whiteboard for the GMAT Online exam and the Executive Assessment Online. Registrants should review and ensure their whiteboard meets the required specifications and that they have a functional dry erase marker, eraser, and are familiar with the exam day whiteboard experience and policies.

Candidates who tested without access to the physical whiteboard will be permitted to test again, should they choose to do so.

About GMAC

The Graduate Management Admission Council™ (GMAC) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, we are committed to creating solutions for business schools and candidates to better discover, evaluate, and connect with each other. We work on behalf of the schools and the graduate management education community, and guide candidates on their journey to higher education, to ensure that no talent goes undiscovered.

GMAC provides world-class research, professional development opportunities and assessments for the graduate management education industry, designed to advance the art and science of admissions. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment, recognized by more than 7,000 programs worldwide. Other GMAC assessments include the NMAT by GMAC™ (NMAT™) exam, for entrance into graduate management programs in India, Nigeria, the Philippines, and South Africa, and the Executive Assessment (EA), which supports the admissions needs of more than 160 programs around the world.

GMAC is a global organization with offices in China, India, Singapore, United Kingdom, and the United States. To learn more about our work, please visit www.gmac.com.

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