MISSION, Kan., Nov. 01, 2017 (GLOBE NEWSWIRE/Korea IT Times) -- (Family Features) Each year, families spend a lot of time in the kitchen together during the holidays. These moments not only make happy memories, but can be teachable moments as well, where children can learn valuable knowledge about the world around them.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2307855c-d263-47e4-9288-bf4b336c92d1
Cooking can be used as a creative way to engage kids in science, technology, engineering and mathematics (STEM), which touches many aspects of daily living. Finding the connections between the classroom and day-to-day life can inspire children and pique their interest in these subjects.
Cooking and baking can be enjoyable pastimes for kids and parents who incorporate science in fun, interactive ways, ranging from the basics of measurements to thermodynamics and beyond.
Measurements: Every recipe starts with a list of ingredients, broken down by measurements. These measurements are taken with precision and care, since using the proper amount of each ingredient ensures the recipe will work. Many STEM fields, including chemistry, engineering, coding and more, require exact measurements or calculations. Cooking is a tangible way to teach children the importance of the precision and attention to detail that is vital in STEM careers. Even a simple process like bread-making can show the importance of measurement accuracy. By varying the correct measurements, kids can see how the finished product differs and how too much or too little of a certain ingredient can throw off the chemical balance within the recipe.
Allergies: Cooking affords educators and parents the chance to teach vital food safety practices and also discuss the biology of allergies, such as how allergens affect the body. The holiday season provides an opportunity to discuss with kids which ingredients in candy might contain allergens for them or the kids around them. Peanut allergies are particularly prevalent and are an understandable example to discuss with kids.
Thermodynamics: Cooking is the process of changing the chemistry of food, usually by transferring energy in the form of heat to the food for long enough that it is safe and digestible and achieves the desired flavor, texture and appearance. Baking a batch of holiday cookies can be the perfect lesson in thermodynamics, the transfer of heat. The heat of the oven alters the chemistry of the cookie batter, transferring heat and transforming the gooey lumps into delicious treats. Helping children observe the differences between the batter that goes into the oven and the cookies that come out can teach them the cause and effect of this process.
STEM Programs: While it’s important to show children how STEM plays a role in their everyday lives and activities, one of the best ways to instill passion and interest in these topics is by letting them experience and experiment with it themselves. Participating in a program such as ExploraVision, the only STEM-related competition of its kind, allows kids to create ideas for new technological innovations in response to current real-world issues. Participants work on their projects throughout the holidays, supplementing their science education, while also developing problem-solving, analytical and collaboration skills.
Parents and students can learn more about the competition and how to enter, and teachers can find free tips for engaging students, at exploravision.org.
Michael French
mfrench@familyfeatures.com
1-888-824-3337
editors.familyfeatures.com
About Family Features Editorial Syndicate
Established in 1974, Family Features is a leading provider of free food and lifestyle content for print and online publications. Our articles, photos, videos and web content solutions save you time, money and help create advertising opportunities. Registration is fast and free – with absolutely no obligation. Visit editors.familyfeatures.com for more information.
ParkerVision Files Registration Statement for Previously Announced Aspire Capital Transaction
JACKSONVILLE, Fla., Nov. 01, 2017 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (Nasdaq:PRKR) (“ParkerVision” or “Company”), announced that it has filed an S-1 registration statement with the Securities and Exchange Commission in accordance with the previously announced transaction with Aspire Capital Fund, LLC (“Aspire Capital”). The registration statement covers the 312,500 shares sold to Aspire Capital at $1.60 per share, 267,500 shares issued to Aspire Capital as a commitment fee, and 3.4 million shares of common stock which may be sold incrementally in the future, over a 30-month period, at the Company’s sole discretion, at prices based on the market price at the time of each purchase. Aspire Capital has committed to purchase up to a maximum of $20 million over the term of this agreement. The Company filed a Current Report on Form 8-K on October 18, 2017 which discusses the details of the transaction.
This news release does not and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such offer, solicitation or sale is unlawful.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. Copies of the prospectus relating to the offering may be obtained from the Securities and Exchange Commission at http://www.sec.gov, or by contacting the Company at 7915 Baymeadows Way, Suite 400, Jacksonville, Florida 32256.
About ParkerVision, Inc.
ParkerVision, Inc. designs, develops and markets its proprietary radio-frequency (RF) technologies, which enable advanced wireless solutions for current and next generation communications networks. Currently developing several new products to enhance Wi-Fi connectivity for small businesses and consumers, ParkerVision has recently unveiled a family of products under the Milo™ brand that leverages existing Wi-Fi infrastructure to create more optimal Wi-Fi configuration and superior coverage. For more information please visit www.parkervision.com. (PRKR-G)
Safe Harbor Statement
This press release contains forward-looking information. Readers are cautioned not to place undue reliance on any such forward-looking statements, each of which speaks only as of the date made. Such statements are subject to certain risks and uncertainties which are disclosed in the Company's SEC reports, including the Form 10-K for the year ended December 31, 2016 and the Forms 10-Q for the quarters ended March 31, 2017 and June 30, 2017. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
Cindy Poehlman
Chief Financial Officer
ParkerVision, Inc.
904-732-6100,
cpoehlman@parkervision.com
Laurie Little
The Piacente Group
212-481-2050
parkervision@tpg-ir.com
IMImobile Enhances Enterprise Digital Communications Strategy with US Acquisition of SUMOTEXT Corporation
LONDON, 1st November 2017 - IMImobile, a cloud communications software and solutions provider, has announced that it has completed the acquisition of SUMOTEXT Corporation ("SUMOTEXT"), an established US based provider of mobile messaging solutions for government, travel, retail, healthcare, and non-profit organisations.
As enterprises seek to accelerate the move to becoming digital businesses and improve customer experience with increased use of digital and mobile interaction channels, the secure and cost-effective management and delivery of these services is becoming increasingly important.
This strategic acquisition provides a platform for IMImobile to accelerate the growth of its business in the US market across new industry sectors, with its digital customer interaction products, building on existing relationships with mobile operators in the US.
SUMOTEXT's customer and product portfolio is complementary to existing IMImobile products and solutions and will enable the combined companies to further leverage IMImobile's cloud communications product suite in the US market.
IMImobile CEO Jay Patel commented, "The acquisition of SUMOTEXT strengthens our position in the US digital communications market. The SUMOTEXT team is experienced in selling and delivering business critical communication solutions to leading US brands. This acquisition provides a great platform for growth for IMImobile into the enterprise market in North America at a time of digital business growth. We expect to invest in sales and marketing in the remainder of the year to March 2018 in order to accelerate growth in future periods."
For SUMOTEXT's customers, the acquisition by IMImobile will see the SUMOTEXT team continue to enhance and support a platform that has been independently ranked #1 in the 'Text Message Marketing' category by TopTenReview.com for 7 straight years. In addition, SUMOTEXT's founder and CEO, Tim Miller, will become President of IMImobile North America, Inc. and will join the Group as a member of the senior management team.
Miller commented, "As traditional mass messaging channels continue to lose ground to targeted interactive IP messaging channels, large enterprises, financial institutions and wireless carriers require interactive messaging solutions that can provide a consolidated customer view and unified execution of customer interactions across digital channels. IMImobile enables us to deliver immediate differentiation from other providers in the US including the marketing cloud platforms, backed by a group that manages over 27 billion digital customer interactions on behalf of customers in 80 countries".
For further information please contact:
IMImobile PLC Matt Hooper, SVP Global Marketing Alex Klose, Head of Marketing |
c/o Redleaf Communications Tel: +44 (0)20 7382 4769 |
Redleaf Communications - PR adviser Charlie Geller Alina Haritonova |
Tel: +44 (0)20 7382 4769 imimobile@redleafpr.com |
About SUMOTEXT
SUMOTEXT Corporation is a one stop shop for organizations wanting to kick-start and sustain conversations and commerce with mobile audiences via SMS, MMS, and mobile wallets while leveraging a bullet-proof framework for compliant consent management. Their diverse roster of clients includes government agencies and some of America's most admired brands including the U.S. Department of Education, Starbucks, Avis/Budget Group, Guitar Center, the Breeder's Cup, and Southwest Airlines, as well as leading pharmaceutical and healthcare companies such as Astellas, Truman Medical Centers, LASIK Vision Institute, and Agile Health.
About IMImobile PLC
IMImobile is a cloud communications software and solutions provider that enables companies to use mobile and digital technologies to communicate and engage with their customers. Organisations that trust us to deliver smarter digital customer engagement solutions include Vodafone, Telefonica, Aircel, Capita, BT, BSNL, Ooredoo, MTN, France Telecom, Centrica, Pizza Hut, Tata, the AA, the BBC, EE, Multichoice, Betfair and several major financial institutions. IMImobile is headquartered in London with offices in Hyderabad, Atlanta, Dubai and Johannesburg and has over 900 employees worldwide. IMImobile PLC is quoted on the London Stock Exchange's AIM market with the TIDM code IMO.
HelpSystems Releases First Commercial-Grade Virus and Malware Protection for PowerLinux Servers
MINNEAPOLIS, Nov. 01, 2017 (GLOBE NEWSWIRE) -- HelpSystems today announced the release of Stand Guard Anti-Virus for PowerLinux, the first commercial-grade virus and malware solution for Linux on IBM Power Systems servers. This release is a response to the recent rise in malware attacks and the increasing demand for server-level malware protection.
Stand Guard Anti-Virus is powered by the best-in-class McAfee scan engine. The new release expands on HelpSystems’ virus and malware protection for IBM i, AIX, and Linux on x86.
Stand Guard Anti-Virus for PowerLinux is built specifically for this operating system. That makes it faster, more secure, and more stable than scanning with a program built for a different operating system.
“Commercial-grade native scanning solutions weren’t available for PowerLinux systems prior to this release,” said Bob Erdman, Security Product Manager, HelpSystems. “With more ransomware and malware targeting Linux servers, no operating system can afford to go unprotected.”
“The market need for a malware scan engine built for PowerLinux was clear,” said Chris Heim, CEO, HelpSystems. “HelpSystems has extensive expertise with Power Systems servers as well as malware detection. Combining that knowledge for PowerLinux enables our customers to better protect their environments.”
To get a free trial of Stand Guard Anti-Virus for PowerLinux, visit https://www.helpsystems.com/cta/start-your-free-stand-guard-anti-virus-trial.
About HelpSystems
HelpSystems aligns IT and business goals to help organizations build a competitive edge. Our software and services monitor and automate processes, encrypt and secure data, and provide easy access to the information people need. More than 10,000 organizations around the world rely on HelpSystems to make IT lives easier and keep business running smoothly. Learn more at www.helpsystems.com.
Mike Devine
Vice President, Marketing
+1 952-563-1696
mike.devine@helpsystems.com
New Report Shows 51% of In-House Legal Departments Conduct More than Half Their Legal Activities Internally
PORTLAND, Ore., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Exterro® Inc., the preferred provider of software specifically designed for in-house legal and IT teams at Global 2000 and AmLaw 200 organizations, along with EDRM Duke Law and BDO Consulting, today released the 2017 In-House Legal Benchmarking Report: Optimizing Legal & E-Discovery Activities. The report shows that in-house legal departments continue to take control of their legal and e-discovery processes by shifting work in-house and by focusing on legal project management principles and technology.
Key findings in the report are:
- Continued Shift In-House
- 51% of in-house legal teams report that more than half of their legal activities are now conducted internally. The biggest challenge in-house legal teams are trying to solve by bringing more legal services in-house is controlling costs, followed by completing tasks efficiently.
- The legal services that were reported as most commonly conducted in-house were legal hold and preservation/collection activities. While e-discovery activities conducted on the right side of the EDRM, such as processing review and production, were the most outsourced.
- Streamlining Legal Activities Starts with Legal Project Management
- 69% of survey respondents strongly agree that having a consistent, formal process for managing legal matters gives them the foundation to complete tasks more efficiently.
- The use of legal project management software is expected to increase 13% over the next 1-2 years.
- The use of spreadsheets and email to manage legal projects is expected to decrease 16% over the next 1-2 years.
- In-House Legal Teams Are Preserving New Data Types
- While email, office files, and databased files are still the top three most preserved ESI, legal teams are also looking at non-traditional data sources.
- 50% of survey respondents reported preserving instant and text messages for litigation and investigations. 34% preserve social media communications and 8% preserve wearable devices.
“In this second annual In-House Legal Benchmarking Report, survey respondents made it clear that in order to be both effective and productive while staying defensible, they need to take more control of the legal process. They are doing this by focusing on how to manage their legal processes more efficiently with an emphasis on legal project management principles and technology. This is a trend we expect to see growing over the next couple years as more organizations refine and optimize their process even further,” said Bill Piwonka, Exterro CMO.
“The annual survey is now in its second year, allowing us to see the evolution of practices over time,” said George Socha, EDRM co-founder and managing director at BDO. “Organizations are continuing to move legal services in-house, and the proliferation of data types is a challenge they raised repeatedly. Mobile and social, IoT, video and other sources are ballooning data volumes, and driving the use of analytics and AI to manage data.” Socha added, “Though the move in-house continues, organizations are not fully satisfied with their progress on the legal project maturity model, a measure of capabilities in managing projects and data. Providers of project management tools, matter management systems and bespoke services will certainly gain insight from the survey report.”
The In-House Legal Benchmarking Report is based on a survey conducted by Exterro, EDRM/Duke Law, and BDO Consulting in September of 2017. Eighty-six survey respondents answered questions about the current allocation of legal resources and the legal and e-discovery processes in their organizations.
About Exterro
Exterro®, Inc. is the preferred provider of e-discovery software specifically designed for in-house legal and IT teams at Global 2000 and Am Law 200 organizations. Built on a simple concept of process optimization, Exterro helps organizations improve and simplify e-discovery activities. With Exterro’s Orchestrated E-Discovery Suite, traditionally fractured and fragmented e-discovery efforts are mended by orchestrating and automating tasks in a coordinated workflow across the entire e-discovery process, reducing time, cost and risk associated with e-discovery. For more information, visit exterro.com.
About EDRM
The Electronic Discovery Reference Model creates practical resources to improve e-discovery and information governance. Since 2005, EDRM has delivered leadership, standards, best practices, tools, guides and test data sets to improve electronic discovery and information governance. Member individuals, law firms, corporations and government organizations actively contribute to the direction of EDRM. In 2016, EDRM became part of the Center for Judicial Studies at Duke Law School. EDRM expands the center’s efforts to provide educational and professional resources in electronic discovery and information governance in support of its mission to promote a better understanding of the judicial process and generate ideas for improving the administration of justice. Visit EDRM.net to become a member. To learn more about the Duke Law Center for Judicial Studies, visit https://law.duke.edu/judicialstudies.
Kristin Kolasinski
Marketing Communications & Events Manager
Exterro, Inc.
kristin.kolasinski@exterro.com
(503) 501-5141
Ideal and iCIMS Announce Partnership, Bringing Artificial Intelligence to Talent Acquisition and Enabling Recruiters to Automate Candidate Sourcing, Screening and Rediscovery
TORONTO, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Ideal, an artificial intelligence (AI) for recruiting company, today announced a partnership with iCIMS, Inc., a leading provider of cloud-based talent acquisition solutions.
Ideal’s AI-powered Intelligent Virtual Assistant now offers a simple integration into the iCIMS Talent Platform, a suite of talent acquisition tools that enables organizations to source, screen, and employ the best talent for their ever-changing business needs. The partnership offers a seamless transfer of screened and shortlisted candidates from Ideal, into the iCIMS Talent Platform, where recruiters can manage the hiring process from start to finish, all within a single platform to power better data analytics.
“We’re thrilled to partner with iCIMS,” says Somen Mondal, co-founder and CEO of Ideal. “We want to empower every recruiter to leverage our AI technology without disrupting their existing workflow. The iCIMS and Ideal integration allows recruiters to access screened and graded candidates without ever leaving their iCIMS dashboard.”
“Recruiting the right way has become a strategic component of business success, yet recruiters are tasked with hiring as fast as possible,” said Susan Vitale, chief marketing officer at iCIMS. “Our integration with Ideal will allow organizations to better source quality talent with accuracy. It’s exciting to expand our partner ecosystem with fellow best-of-breed tools that support the modern day recruiter.”
Ideal will also benefit from UNIFi, iCIMS’ Platform-as-a-Service framework that enables partners to integrate their software applications with the iCIMS Talent Acquisition Suite and market their products to iCIMS’ customers through the iCIMS Marketplace. The iCIMS Marketplace, iCIMS’ online community featuring the leading partner ecosystem in the talent acquisition industry, enables companies to shop for and engage with supporting technology providers that are the best fit for their talent acquisition and management needs – all in one logical, easy-to-use interface. Additionally, through UNIFi, partners can build long-term, lasting relationships through standard and streaming APIs that offer flexible data sharing, adding value to their customer experience.
Additional information about the Ideal integration with iCIMS can be accessed at https://marketplace.icims.com/apps/180002
About Ideal:
Ideal is an intelligent virtual assistant for recruiters. Ideal’s artificial intelligence automates time-consuming, repetitive tasks including candidate sourcing, resume screening, shortlisting and candidate outreach. Ideal eliminates human bias, improves quality of hire, enhances the candidate experience and increases recruiter efficiency. To learn more or request a demo, visit www.ideal.com.
About iCIMS, Inc:
iCIMS is the leading provider of talent acquisition solutions that help businesses win the war for top talent. iCIMS empowers companies to manage their entire hiring process within the industry’s most robust Platform-as-a-Service (PaaS). Built on the foundation of a best-to-market talent acquisition software suite, iCIMS’ PaaS framework, UNIFi, allows employers to expand the capabilities of their core talent acquisition technology by integrating with the largest partner ecosystem in talent acquisition to help them attract, find, screen, and manage candidates. Offering scalable, easy-to-use solutions that are backed by award-winning customer service, iCIMS supports more than 3,500 contracted customers and is one of the largest and fastest-growing talent acquisition solution providers.
Media Contact:
Kayla Kozan
Ideal
647-560-4731
press@ideal.com
Global Reach of MiFID II Strikes North American Buy-Side
SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announced poll results from the North American buy-side on the operational impact of MIFID II. The poll focused on the directive’s reach beyond the European Union. More than 150 buy-side participants from across 68 firms were surveyed in conjunction with the webinar, “The Move Towards MiFID II: Ensuring Compliance for the North American Buy Side,” hosted by SimCorp in September.
Survey Highlights
- 58% confirmed that they will need to comply with MiFID II. Out of this, only 23% feel extremely confident that they have a plan in place, while 77% are either somewhat or not at all confident.
- With just 90 days before the deadline, 28% remain unsure if and how their firm will be affected.
- Respondents cited the following as the top three operational challenges:
- 56% - Complying with transaction reporting requirements
- 50% - Understanding the new market structure
- 45% - Unbundling of research and execution
“MiFID II is one of the biggest pieces of regulation to ever hit the buy-side industry, so I am not surprised by the extent of uncertainty and concern reflected in the research and poll results,” says Gernot Schmidt, Product Manager of MiFID II at SimCorp, and a speaker at the webinar. “The ability to aggregate data across asset classes, geographies, business lines and underlying applications will be essential. One way to do this is by adopting an IBOR architecture, which provides a golden record for positions and transactions, allowing asset managers to address many of the data requirements for MiFID II in one central application. This holistic approach also benefits the Front Office with better data for trading decisions and taking advantage of new trading venues emerging in the wake of the regulation.”
“It also makes sense that the new transaction reporting requirements rate high on the list of concerns,” Schmidt continues. “Daily detailed transaction reporting will be expanded to a much larger set of instrument types, which will call for data gathered from additional source systems to be aggregated. This aspect of MiFID II also provides a compelling case for systems and data integration and increased automation.”
Also discussed in the webinar, with similar findings to SimCorp’s poll, is the recent report from Tabb Group: ‘Conquering MiFID II and Beyond in North America: Bridging the Great Data Divide’. The report explores new data requirements and challenges around data lineage, how MiFID II is reshaping the front office and how to achieve alignment and consistency across assets and the trade lifecycle.
Enquiries regarding this announcement should be addressed to:
Erica Fidel, SimCorp North America, +212 994 9453, efl@simcorp.com
Mittal Shah, SimCorp UK/North America +44 207 397 8072 mittal.shah@simcorp.com
Anders Crillesen, SimCorp Group Communications, (+45 3544 6474, +45 2779 1286)
About SimCorp
SimCorp provides integrated, best-in-class investment management solutions to the world’s leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers, and sovereign wealth funds. Whether deployed on premise or as an ASP solution, its core system, SimCorp Dimension, supports the entire investment value chain and range of instruments, all based on a market-leading IBOR. SimCorp invests more than 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on NASDAQ Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.
Stellar Loyalty and Loyalty360 Launch New Third-Generation Mobile Event App, Blending Digital & Physical Experiences
FOSTER CITY, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Stellar Loyalty, Inc., the consumer relationship company with a mobile-best SaaS loyalty solution, and Loyalty360, the association for customer loyalty, today announced a newly enhanced “event engagement” mobile app for the upcoming Customer Expo 2017 conference in Nashville from November 6-8. The new app, which builds on earlier versions introduced at past events including the May 2017 Loyalty Expo, takes real-time mobile engagement to the next level. Together, Loyalty360 and Stellar Loyalty aim to show Customer Expo attendees the impact of blending digital and physical experiences, demonstrating best practices on loyalty, engagement and relevant in-the-moment interaction.
With a shared objective of delivering unique brand experiences, attendees will learn, share and discuss both new ideas and proven practices. Based on feedback from previous event attendees, Stellar Loyalty has added a host of new features to this year's mobile experience, including:
1. Two-way connection introduction capabilities for both Sponsors and Brands
2. Refined Passport for prizes functionality
3. Better profile management
4. Enhanced analytics for engagement, preferences and attendee data understanding
From increasing peer-to-peer networking, delivering real-time news and push notifications, and fostering collaboration and feedback, the updated Customer Expo event app provides sponsors and exhibitors with new and richer opportunities to engage with attendees.
After introducing digital voting at the Loyalty Expo in May with resounding success, the feature will again be available for the 2017 Loyalty360 Customer Awards. The app will make the voting survey available to an attendee only after they have scanned and entered the Customer Awards finalist session. In this way, Loyalty360 can be assured attendees are voting only after they have personally heard and compared the award finalists.
"I am more excited than ever about this year's inaugural Customer Expo. We have refined the content, added a wide array of new speakers and brought incremental technology to the show. As part of our change, we have again asked Stellar Loyalty to create an enhanced mobile experience for all attendees - Brands, Exhibitors, and Sponsors," said Mark Johnson, CEO & CMO of Loyalty360. "As in years past, the mobile app is indicative of what consumers and brands both want - relevant information, easy access to information, social access and a vehicle to bring personalized engagement between the stakeholders."
Specifically, the new Customer Expo event mobile app will enable:
Easy access to all event content and updates:
- Conference agenda, speaker bios, sponsor information, event map, etc.
- Real-time updates on conference news, push messages and announcements
Personalized content, networking and connections:
- Personalized “My Agenda” for attendees
- Connections with other attendees to share contact details and network
- Access to the attendee list for brands, sponsors and exhibitors
Voting for award winners and session feedback:
- Voting for the winners of the 2017 Loyalty360 Customer Awards
- Sharing of feedback via the “rate the session” surveys
Chances for exclusive prizes:
- Participation in the "Passport to Prizes" contest by scanning the code at each participating exhibitor booth
“We are very excited to again be part of Loyalty360's events, and we know the Customer Expo will be a great show for all who attend,” said Stellar Loyalty VP Brad Marg.
Further supporting the event, Marg will serve as moderator of the panel discussion “Customer Loyalty in Travel & Entertainment” on November 6, 2017. The panel will bring together executives from top brands in the travel and entertainment industry, exploring their ideas, insights, and predictions on everything from customer engagement and loyalty channels to new technology and the rapidly rising expectations of customers across the vertical.
The Customer Expo will focus on all aspects of the customer journey and gather the best from the industry – top brands, solution providers, and consultants -- to focus on customer experience and engagement strategies for building lifelong brand advocates.
The app is now available for download here on iTunes. For additional information and to register for the Customer Expo 2017, please visit https://customerexpo.loyalty360.org/.
Contact:
Sue Parente
Phone Number: +1 (781) 642-7788
Email: sparente@tieronepr.com
THE Journal Readers Recognize Lexia Reading Core5 as a Top Ed Tech Product in Schools
Boston, Mass., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Lexia Learning, a Rosetta Stone Company (NYSE: RST), today announced its Lexia Reading Core5® product has been recognized by THE Journal’s 2017 Readers’ Choice Awards as the favorite technology product added to K-12 classrooms this year. Nominated by educators across the U.S., Lexia also earned platinum standing, surpassing all other hardware and software solutions, in the categories of Best Reading Program and Best Adaptive/Personalized Learning Tool. In addition, readers selected Lexia as one of the top three favorite technologies currently used in schools.
For its third annual Readers’ Choice Awards program, THE Journal’s staff invited members of the education community to submit the best products, providers and services in any category of their choosing—and a record number of readers weighed in.
“More than 1,400 education technology professionals, including IT staff and educators, spoke out about the tools they think have the most positive impact on the mission of education,” said Dave Nagel, editor-in-chief of THE Journal and editorial director for 1105 Media’s Education Group.
According to THE Journal, when readers were asked to name their favorite technology products they added to their school or district this year, the majority of respondents named Lexia as a top provider, besting Google Chromebooks and Google G Suite for Education. Lexia also was recognized as one of the top three favorite technologies currently in use—joining Apple iPad and Google G Suite for Education as other preferences.
“Our company is honored to be recognized by the educators who read THE Journal,” said Nick Gaehde, Lexia president. “They are clearly voicing their opinion on the importance and integral role that technology plays in engaging learners and improving student outcomes.”
Lexia Reading Core5, Lexia’s flagship product, is a research-proven, technology-based program that accelerates the development of fundamental literacy skills for students of all abilities in grades pre-K–5. The highly acclaimed program follows a rigorous scope and sequence built for college and career ready standards and provides explicit, systematic instruction through personalized learning paths in six areas of reading. For more information, go to https://www.lexialearning.com/products/core5.
# # #
About Lexia Learning
Lexia Learning, a division of Rosetta Stone, empowers educators through adaptive assessment and personalized instruction. For more than 30 years, the company has been on the leading edge of research and product development as it relates to student reading skills. With a robust offering that includes solutions for differentiated instruction, personalized learning and assessment, Lexia Learning provides educators with the tools to intensify and accelerate literacy skills development for students of all abilities. For more information, visit www.lexialearning.com.
About Rosetta Stone
Rosetta Stone Inc. (NYSE: RST) is dedicated to changing people’s lives through the power of language and literacy education. The company’s innovative digital solutions drive positive learning outcomes for the inspired learner at home or in schools and workplaces around the world.
Founded in 1992, Rosetta Stone’s language division uses cloud-based solutions to help all types of learners read, write, and speak more than 30 languages. Lexia Learning, Rosetta Stone’s literacy education division, was founded more than 30 years ago and is a leader in the literacy education space. Today, Lexia helps students build fundamental reading skills through its rigorously researched, independently evaluated, and widely respected instruction and assessment programs.
For more information, visit www.rosettastone.com. “Rosetta Stone” is a registered trademark or trademark of Rosetta Stone Ltd. in the United States and other countries.
CONTACT: Media Contact: Charlotte Andrist charlotte@nickelcommpr.com 770-310-5244
Determine, Inc. Shares Industry-Leading Supplier Relationship Expertise in Paystream Webinar
CARMEL, Ind., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Determine, Inc. (NASDAQ:DTRM), the pioneering leader in global Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) Cloud Platform solutions, will present a live webinar with PayStream Advisors on Tuesday, November 7, 2017 at 2PM ET / 11AM PT.
In Strategic Supplier Relationships—Supplier Management That Reduces Risk and Improves Bottom-Line Impact, Anna Barnett, Research Associate at PayStream Advisors, and Sophie Pope, Director of Professional Services at Determine, will explore how managing suppliers involves vastly different forms, functions, and strategies depending on the department, team, and specifically how industry can take advantage of tools to address their challenges.
Looking at and learning from the 2017 Supplier Management Report
Determine and PayStream Advisors examine these different components in an in-depth look at the PayStream Advisors 2017 Supplier Management Report. Attendees will learn best practices for managing suppliers from the perspective of direct, indirect, and services spend, and how best to leverage strategic supplier management technology to build stronger relationships while mitigating risk.
“Supplier relationships are critical in business, and the requirements around managing them are unique to each industry vertical. Not only do you need to build a single source of data truth with cloud-based supplier onboarding and ongoing supplier management, you need to build a single source of trust for all involved. During the webinar, Sophie Pope, our head of professional services who is on the front lines helping customers implement these solutions, will show how attendees can increase effectiveness and reduce risk throughout the supply chain. By breaking down information silos, they can create dynamic workflows to solve business process challenges.”
— Gérard Dahan, Chief Marketing Officer and EMEA SVP, Determine, Inc.
Invaluable supplier relationship knowledge, plus one CPE credit
Questions and challenges about how companies in various industries should properly manage suppliers will be addressed, through detail discussion of process ownership, open collaboration, data integrity, and the right technology tools. Strategic Supplier Relationships webinar topics include:
- Supplier management trends and best practices
- Solution features and functions to optimize your processes
- How different verticals leverage specific strategies
- Why buyers and suppliers collaborate better on a cloud platform
The webinar is of particular interest to professionals in Accounts Payable, Procurement and Finance - CPOs, CFOs, Finance Directors and Controllers. Participants can earn 1 CPE credit in Management Services.
As business becomes more competitive, the regulatory environment more restrictive and globalization the norm, companies are realizing that proper supplier relationship management is critical to mitigating risk in many areas, including legal, financial and supply chains. The webinar will show how to optimize supplier relationships with cloud-based technology.
Online registration for the webinar is still available.
About PayStream Advisors
PayStream Advisors is a research and advisory firm focused on business process automation in sourcing, supply chain management, procurement, accounts payable, payments, and expense management. PayStream’s team of experts provide targeted research and consulting services to address the changing needs of finance and procurement professionals. In short, PayStream is dedicated to maximizing returns and minimizing risks associated with technology investment.
PayStream’s research reports, white papers, webinars, and tools are available free of charge at www.paystreamadvisors.com. PayStream Advisors is a division of Levvel, an IT consulting firm specializing in technology strategy, design, architecture, and DevOps.
About Determine, Inc.
Determine, Inc. (NASDAQ:DTRM) is a leading global provider of SaaS Source to Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance. Our technologies empower customers to drive new revenue, identify savings, improve compliance and mitigate risk.
The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP, Oracle, Sage, QAD and Microsoft. Modular solutions can be configured to add more as needed to provide additional value beyond spend management. Our unified master database and business process approach empower users at every level to make more informed and smarter decisions.
For more information, please visit: www.determine.com.
Supporting Resources
Determine blog
Determine on LinkedIn
Determine on Twitter
Determine Resources
Contact
Media Relations:
Mike Mitchell
Determine Inc.
+1.650.532.1590
pr@determine.com
GoodData Takes Leadership Role in Cloud Security Compliance
SAN FRANCISCO, Nov. 01, 2017 (GLOBE NEWSWIRE) -- As May 2018 draws near and compliance with the EU’s General Data Protection Regulation (GDPR) comes closer to being required for processing personal data of European residents, companies must establish standards to ensure protection of this personal data. GoodDataⓇ, whose cloud-based platform enables organizations to provide data-driven insights and automation at the point of work, is taking a leadership role in complying with a broad array of global security standards, including GDPR, and in ensuring data privacy compliance transparency with its clients.
Well known as an early adopter of global security and privacy regulations, GoodData has worked with governments and organizations in the United States, the European Union, and around the world to align with their missions to protect both consumer and business data in the ever-growing cloud.
While use of cloud-based services has become more prevalent in recent years, some enterprises are still uncertain about how cloud service companies manage the security aspect. “Some organizations feel that on-premise solutions are more secure,” explains GoodData Director of Security and Compliance Tomáš Honzák, “because they can physically see the servers and the measures for protecting them. But this is a flawed perspective. In reality, not only do cloud vendors typically have more secure infrastructures, but they assign a much higher priority to protecting data than do most internal IT teams.”
“At GoodData, we know that if customers are going to trust us with their information,” continues Honzák, “we have to show them that we’re serious about security, and we walk them through the steps we’re taking to ensure that their assets are protected.”
As a global end-to-end insights distribution platform, GoodData has been an early adopter of numerous security standards, including
- GDPR: The European Union’s standards for consumer data privacy, scheduled to go into effect on May 25, 2018. GoodData is currently ahead of schedule in complying with GDPR and anticipates full compliance ahead of the deadline;
- HIPAA: GoodData provides a HIPAA compliant environment for safeguarding personal medical information as set forth in the United States’ Health Insurance Portability and Accountability Act of 1996;
- SOC 2, Type II Report: GoodData annually commissions an audit and a report focused on non-financial reporting systems and controls as they relate to security, availability, processing integrity, confidentiality, and privacy;
- EU-US and Swiss-US Privacy Shield: GoodData annually certifies its compliance with these personal data transfer mechanisms based on certain “Privacy Shield” principles governing participating organizations’ use and treatment of personal data; and
- ISO 27001: The International Organization for Standardization’s certification focused on information security management systems. GoodData is targeting its compliance by the end of 2017.
Honzák points out that complying with standards and achieving certifications is only one part of GoodData’s commitment to security. “No system exists in isolation,” he explains. “GoodData is one element in a huge global chain that also encompasses our service providers, our customers, and their customers. If we are to work together on the mission of data security, transparency is vital.”
GoodData routinely conducts thorough conversations with each customer about its security policies and about how data is handled in the platform. “We’re making sure our customers understand how seriously we take security and the approach we’re taking,” says Honzák. “We’re very frank about the internal and external risks that they need to be aware of, and we show them the multiple layers of security that work together to protect their data within our platform.”
While no company can guarantee 100 percent security, GoodData has made the decision to go above and beyond what is required by law and assume a leadership role in cloud security compliance. “Complying with global standards — including those that are not specifically required — and working with our service providers,” notes Honzák, “places us in an ideal position to educate our customers on both the risks and the solutions, so that we can all work together to keep data safe and secure.”
About GoodData
GoodData provides an integrated set of data management, analytics, and insight application development and management tools as the leading platform in the Systems of Insight category. We focus on enterprise-wide data democratization by delivering actionable insights at the point of work and embedding into applications and workflows so business users can spend time doing what they do best rather than performing data discovery.
More than 50 percent of the Fortune 500 are using GoodData to achieve actionable insights. GoodData is headquartered in San Francisco and is backed by Andreessen Horowitz, General Catalyst Partners, Intel Capital, TOTVS and others. For more information visit our website and follow GoodData on Twitter and LinkedIn.
©2017, GoodData Corporation. All rights reserved. GoodData is a registered trademark of GoodData Corporation in the United States and other jurisdictions. Other names used herein may be trademarks of their respective owners.
GoodData Contact
Amy Duryea
amy.duryea@gooddata.com
Pramata Offers No-Cost ASC 606 Revenue Recognition Assessment to Help Companies Comply with Sweeping New Accounting Standards
BRISBANE, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Pramata, the leading Commercial Relationship Operations (CRO) company, today announced it is offering enterprises a no-cost Revenue Recognition Assessment to help them comply with complex changes in financial reporting standards under the new ASC 606 rules. The offer includes the identification and analysis of ASC 606 triggers for 50 commercial contracts. The Pramata ASC 606 solution uses a turnkey, human-assisted AI content curation process to automate what otherwise is a very costly and time-consuming manual review process. In addition to ensuring compliance with the evolving ASC 606 standards, the Pramata solution also provides a highly valuable commercial relationship system of record that companies can use to maximize revenue, reduce risk and drive business efficiencies.
"Complying with ASC 606 is a slow and expensive process of identifying the revenue-relevant needles in your contracts haystack. It requires teams of dedicated people poring over contracts and logging the results into error-prone spreadsheets. The Pramata solution eliminates all that by generating the structured content you need for your ASC 606 assessment," said Praful Saklani, CEO, Pramata. "Our no-cost Revenue Recognition Assessment is a great opportunity to accelerate your ASC 606 compliance, and see how unlocking the data buried in contracts can help you reduce revenue leakage across your organization."
Turning the challenge into an opportunity
The ASC 606 rules clarify accounting principles and create a common standard for recognizing revenue from contracts with customers. But they also expose glaring weaknesses in companies' commercial relationship management and processes. Crucial compliance information is often buried within tens or hundreds of thousands of contracts residing in disparate systems with specialized formats, phrasing and terminology. Successfully extracting that information can be an overwhelming challenge. However, by implementing new controls and improving the process, companies can turn this challenge into a long-term benefit that creates new business value.
Unlocking the business value of contract data
The Pramata solution helps companies achieve this transition by providing a commercial relationship system of record that not only ensures compliance, but reduces revenue leakage. It automates the process of extracting data from contracts and other sources such as CLM, CPQ and billing systems. Sales, finance, deal desk, renewal and legal operations teams gain instant access to critical commercial relationship data to help them upsell, cross-sell, prevent revenue attrition and reduce risk. All customer contracts are stored, analyzed and updated in a centralized system that identifies ASC 606 revenue recognition factors, and provides strategic data to maximize operational value across the business.
"Pramata gives customers a whole new level of ease, speed and control for identifying the revenue recognition triggers required to comply with the ASC 606 standard. But more importantly, it acts as a business optimization resource that reaches across the entire organization," said Justin Schweisberger, Chief Product Officer, Pramata. "Pramata provides a system of record – a single version of the truth – for all of our customers’ commercial relationships. Every business day, customers can leverage that data to help front line professionals grow revenue and deliver an exceptional experience for their customers."
Schedule your assessment today
For more information regarding the no-cost Pramata ASC 606 Revenue Recognition Assessment and to learn how Pramata can help your organization be ASC 606 ready, visit www.pramata.com/asc606-compliance or contact us at info@pramata.com.
Upcoming Webinar
Pramata is hosting a webinar on the topic titled “The ASC 606 Clock is Ticking: Brute Force Isn’t Your Only Option” on November 16, 11:00AM PDT. Register at www.pramata.com/asc606-webinar.
About Pramata
Pramata operationalizes the details of commercial relationships so large organizations can maximize revenue, reduce risk and drive business efficiencies. Pramata has created millions of dollars in value for some of the largest companies in the world, including Allergan, CenturyLink, Comcast Business, FICO, HPE, NCR, Novelis and Vertafore. Pramata is headquartered in Brisbane, Calif., with offices in Kansas City, MO, and Bangalore, India. For more information please visit www.pramata.com.
Media Contact:
Marina Greenwood
Activa PR
415.776.5350
marina@activapr.com
Digerati Technologies, Inc. Enters into Letter of Intent to Acquire Synergy Telecom, Inc.
Texas-Based Revenues to Double
Cost Synergies to be Realized Near-Term
SAN ANTONIO, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc. (OTCQB:DTGI) ("Digerati" or the "Company") today reported that the Company has entered into a Letter of Intent to acquire Synergy Telecom, Inc. (“Synergy”), a leading provider of cloud communication services in Texas. The transaction will result in Shift8 Networks, Inc. (“Shift8”), a wholly-owned subsidiary of Digerati, combining Synergy with its Texas-based business and operations.
Based in San Antonio, Texas, Synergy is a service-driven and customer-focused provider that has been delivering high-definition voice and video solutions since 2001. Synergy serves the small-to-medium-sized-business (“SMB”) market and government accounts, providing cloud communication services to nearly 2,500 customers primarily in Texas. Synergy’s customer base includes the Texas cities of Glen Rose, Lake Worth, and Rockport, along with Aransas County Appraisal District, Texas Workforce Solutions, Harrington Industrial Plastics, Star Shuttle, and the McNay Art Museum.
Synergy has a highly-experienced team consisting of Mr. Charlie Slaughter, President, and Mr. Ryan McDowell, VP of New Business Development. Mr. Slaughter has over twenty-one years of experience in the communications and technology industries. He has founded several companies over his career, all with an emphasis on sales and ‘exceptional customer service’. Mr. McDowell has over fourteen years of communications and technology industries experience, and most recently served as a Regional Channel Manager for Vonage Business. Prior to joining Vonage, Mr. McDowell held the same position at Simple Signal Communications.
Charlie Slaughter, President of Synergy, stated, “Our team is eager to take Synergy to the next level by growing and continuing to provide exceptional service to our existing and future customers. We simply could not have secured a better culture of service and operational fit by combining with Shift8. Our current and future customers, and Shift8’s Value Added Resellers (VARS) will no doubt benefit from this combination, as together we will be a stronger and more capable entity in terms of our reliable network and service offerings.”
Arthur L. Smith, CEO of Digerati, commented, "Synergy and Shift8 operate identical cloud communication platforms, using the same suppliers and gear for most underlying services. Aside from an immediate increase in revenues, cost synergies will also be realized in a relatively short period of time. Most importantly, Synergy’s culture of service aligns extremely well with ours, and we expect their seasoned sales team will continue driving growth for the combined entity.”
Mr. Smith further added, “We are fulfilling our strategic goals and objectives as detailed in our press release dated February 14, 2017, whereby we committed to targeting local and/or regional VoIP/cloud telephony providers for acquisition, which have excelled in their marketplace with that “local” touch when serving their SMB customer base.”
The aforementioned transaction is being structured as an asset purchase, and is expected to close within approximately thirty days. For more information about Synergy, please visit http://synergytele.com/.
Digerati is a publicly-traded holding company, with a track record of launching and managing successful subsidiary operations, and is a multi-year recipient of Deloitte’s Fast500 and Fast50 Awards, for recognition as one of the fastest growing technology companies in North America. Through its subsidiary, Shift8 Networks, the Company is meeting the global needs of businesses seeking simple, flexible, efficient, and cost-effective communication solutions, including fully-hosted IP/PBX, VoIP transport, SIP trunking, and customized VoIP services, all delivered Only in the Cloud™ on its carrier grade network. Former subsidiaries include ATSI Communications, Inc., an international telecommunications operator serving emerging markets throughout Mexico and Latin America, as well as GlobalSCAPE, Inc., an Internet software company trading on the NYSE that specializes in secure file transfer through its popular utility, CuteFTP. Other subsidiaries have included a global VoIP carrier and oilfield service businesses operating in the Bakken Shale. For more information, please visit www.digerati-inc.com.
FORWARD-LOOKING STATEMENTS
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements related to the future financial performance of the Company. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful execution of growth strategies, product development and acceptance, the impact of competitive services and pricing, general economic conditions, and other risks and uncertainties described in the Company's periodic filings with the Securities and Exchange Commission.
Contact:
Jack Eversull
The Eversull Group
(972) 571-1624
(214) 469-2361 fax
jack@eversullgroup.com
JetPay Corporation Appoints Robert Frankfurt to its Board of Directors
CENTER VALLEY, Pa., Nov. 01, 2017 (GLOBE NEWSWIRE) -- JetPay Corporation (“JetPay” or the Company) (NASDAQ:JTPY) announced today the appointment of Mr. Robert Frankfurt to its Board of Directors, effective October 30, 2017. Mr. Frankfurt will also serve as a member and as chairman of the Company’s Audit Committee. Mr. Frankfurt was appointed to the board to fill the vacancy created by the resignation of Fredrick S. Hammer in August 2016 and will serve as a director until the expiration of Mr. Hammer’s term in 2019.
Mr. Frankfurt founded Myca Partners, Inc., an investment advisory services firm (“Myca”), in 2006 to invest in small cap U.S. public and private companies. Prior to forming Myca, Mr. Frankfurt spent more than a decade as a partner and senior portfolio manager at various investment partnerships. Mr. Frankfurt recently served on a number of public company boards, including Handy & Harman Ltd. (NASDAQ:HNH), an industrial products technology company, which was sold in October 2017 to Steel Partners Holdings L.P., Jive Software, Inc. (NASDAQ:JIVE), a global provider of communication and collaboration solutions for businesses and government agencies prior to its sale to ESW Capital, LLC for $462 million in June 2017, and Peerless Systems Corp (NASDAQ:PRLS). Mr. Frankfurt began his career as a financial analyst in the mergers and acquisition department of Bear, Stearns & Co. and later joined Hambro Bank America as an associate focused on mergers and acquisitions and venture capital transactions. Mr. Frankfurt graduated from the Wharton School of Business with a B.S. in Economics and received an MBA from the Anderson Graduate School of Management at UCLA.
We believe that Mr. Frankfurt, with a career of over 30 years in assisting senior management and providing board leadership for numerous companies, including NASDAQ companies in the technology and payment processing industry, will bring valuable expertise to our organization in the areas of strategic direction, financing strategies, acquisitions, and overall industry expertise. “We are extremely excited to have Rob join our Board,” said Diane (Vogt) Faro, JetPay’s Chief Executive Officer. “His diverse experience and expertise as a principle investor, board leadership roles, capital raiser, business strategist and his focus in technology, marketing, and payment processing will be of tremendous value to our Company.”
About JetPay Corporation
JetPay Corporation (“JetPay”), based in Center Valley, PA, is a leading provider of vertically integrated solutions for businesses including card acceptance, processing, payroll, payroll tax filing, human capital management services, and other financial transactions. JetPay provides a single vendor solution for payment services, debit and credit card processing, ACH services, and payroll and human capital management needs for businesses throughout the United States. The Company also offers low-cost payment choices for the employees of these businesses to replace costly alternatives. The Company's vertically aligned services provide customers with convenience and increased revenues by lowering payments-related costs and by designing innovative, customized solutions for internet, mobile, and cloud-based payments. Please visit www.jetpay.com for more information on what JetPay has to offer or call 866-4JetPay (866-453-8729).
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. JetPay’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside JetPay’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to, those described under the heading “Risk Factors” in the Company’s Annual Report filed with the Securities and Exchange Commission (“SEC”) on Form 10-K for the fiscal year ended December 31, 2016, the Company’s Quarterly Reports on Forms 10-Q and the Company’s Current Reports on Form 8-K.
JetPay cautions that the foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in JetPay’s most recent filings with the SEC. All subsequent written and oral forward-looking statements concerning JetPay or other matters and attributable to JetPay or any person acting on its behalf, are expressly qualified in their entirety by the cautionary statements above. JetPay cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. JetPay does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Contacts
JetPay Corporation
Peter B. Davidson
Vice Chairman and Corporate Secretary
(610) 797-9500
Peter.Davidson@jetpaycorp.com
JetPay Corporation
Gregory M. Krzemien
Chief Financial Officer
(610) 797-9500
gkrzemien@jetpaycorp.com
SnapLogic Hires Industry Veterans to Drive Channel Growth
SAN MATEO, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- SnapLogic, the leader in self-service application and data integration, today announced that it has named Rich Link as vice president of global channel sales and strategic alliances, Carlos Hernandez Saca as sales and partnership area director for Latin America, and Marti Pozzi as global director of strategic accounts. The new strategic hires bring decades of partner development and management experience from global leaders such as Salesforce, Oracle, SAP, Informatica and Cisco. The three are driving channel partnerships and enablement programs as the company continues its global expansion and forges a new era of AI-powered application and data integration.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/974742f4-403b-4106-8e99-dc0e08e579aa
Over the course of a career that spans more than twenty-five years, Link has held senior domestic and international leadership positions overseeing channel, business development and sales at companies such as Cisco, Vignette, Remedy, and, most recently, ForgeRock. In his new role, he will oversee all aspects of SnapLogic’s global channel strategy and programs.
Saca brings more than two decades of sales and channel experience from companies such as Salesforce, Informatica, Sybase, and CornerStone OnDemand. Before joining SnapLogic, he served in various sales and channel roles at Informatica, most recently as director of sales and partnerships for Latin America. Saca was instrumental in the recent Snaplogic and Softtek partnership in Mexico, as well as the development of new strategic reseller partnerships in Brazil with market-leading big data and analytics firms Semantix and CSC Brasil.
Pozzi’s career spans three decades in senior sales and channel leadership roles at industry leaders such as SAP, Siebel Systems, Intaact, Sybase, and Oracle. Immediately prior to joining Snaplogic, she was a key member of Oracle’s global CRM application sales leadership team.
“SnapLogic is defining the modern application and data integration platform, helping customers unify their enterprise data so they can achieve successful business outcomes from their digital transformation initiatives,” said Link. “Given the complex nature of today’s enterprise, a world-class partner ecosystem is key to delivering SnapLogic’s proven, innovative technology to more businesses around the world. We’re excited to build new programs and partnerships to further extend our reach and solve the complex integration challenges of organizations worldwide.”
According to industry analysts, the global iPaaS (Integration Platform as a Service) market grew by more than 60 percent in 2016, the fastest growth area in the application infrastructure and middleware market. The channel is central to SnapLogic’s growth strategy and these strategic hires are the most recent example of SnapLogic’s commitment to build a rich ecosystem of technology, consulting, and reseller partners to help bring its leading integration platform to customers around the world.
The SnapLogic Enterprise Integration Cloud accelerates data and process flow across applications, databases, data warehouses, big data streams, and IoT deployments – whether on-premises or in the cloud. Unlike legacy integration software that requires painstaking, hand-crafted coding by teams of developers, SnapLogic’s simple but powerful platform enables both IT and line-of-business users to create data pipelines that get the right data to the right people at the right time. SnapLogic recently announced several major enhancements to its platform, including new features and strong adoption for Iris, its industry-first artificial intelligence technology that is dramatically reducing manual processes in building and optimizing enterprise integration.
About SnapLogic
SnapLogic is the global leader in self-service integration. The company’s Enterprise Integration Cloud makes it fast and easy to connect applications, data, and things. Hundreds of Global 2000 customers — including Adobe, AstraZeneca, Box, GameStop, Verizon, and Wendy’s — rely on SnapLogic to automate business processes, accelerate analytics, and drive digital transformation. SnapLogic was founded by data industry veteran Gaurav Dhillon and is backed by blue-chip investors including Andreessen Horowitz, Capital One, Ignition Partners, Microsoft, Triangle Peak Partners, and Vitruvian Partners. Learn more at snaplogic.com.
Connect with SnapLogic via our blog, Twitter, Facebook or LinkedIn.
Press Contacts:
Scott Behles
SnapLogic
scott.behles@snaplogic.com
+1 415-571-4462
Leigh Ann Benicewicz
Bateman for SnapLogic
snaplogic@bateman-group.com
+1 415-315-9301
Canadian Cyberfraud Handbook: New Thomson Reuters Publication Introduces Modern Approach to Identify Cybercrime
TORONTO, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Cyber Security Awareness Month in Canada concluded with Public Safety Canada warnings of a surge in scam calls looking to confuse and defraud Canadians. With the publication of the Canadian Cyberfraud Handbook, Thomson Reuters introduces a fresh approach to prevention and investigation of deceptive practices. The premise is that if the scam can be identified, the damage can be prevented.
The new Cyberfraud Classification Framework is a systematic, two-step approach to categorizing financial scams that anyone can use. All readers will derive the satisfaction of having flagged an attack and hopefully helped others to do the same, but the goal of the publication is to empower organizations, professionals and advisors to identify trends and build countermeasures.
“Combatting the multifaceted threat of cyberfraud estimated by Canada’s Anti-Fraud Centre (CAFC) at over $100 million in annual losses should be a priority for every organization, large and small,” according to the book’s author, security and privacy expert Claudiu Popa. The new cyberfraud taxonomy introduces a practical model for unpacking and presenting cyberfraud information to educate professionals and empower business leaders in making effective risk-based decisions.
The classification methodology is generating broad interest across Canada with diverse organizations learning about the mechanisms behind cyberfraud for the first time. “With numerous upcoming events, the single act of classifying cyberfraud is a significant step forward compared to the reactive approach to detecting scams that has become the status quo in Canada,” says Popa. This November, the book is being showcased at the International Cyber Security and Intelligence Conference, the University of Ontario Institute of Technology and the Office of the Privacy Commissioner of Canada.
Based on years of research into hundreds of real cases, the book also includes a unique Cyberfraud Resource Library. The compendium of scams and real examples of prosecuted cases represents the first time such an effort has led to a comprehensive and accessible resource.
Primarily designed for business professionals, consultants and legal advisors, the Canadian Cyberfraud Handbook (www.FraudBook.ca) was written with financial cybercrime awareness in mind, specific to the emerging threats increasingly targeting Canadian citizens and organizations. This inaugural edition explores the evolution of cyberfraud from its earliest origins to the current trends of malware-powered automation, artificial intelligence and digitally enhanced deceptive practices.
With 10 categories and over 45 subclasses the taxonomy and associated library of examples offer a flexible structure for organizations beginning to create a cyber risk strategy. The main categories include facets of cyberfraud that break down with increasing precision:
- Unauthorized Access
- E-Commerce Fraud
- Email and Social Media
- Identity Fraud
- Investment and Securities Scams
- Financial System Abuse
- Advance Fee
- Healthcare and much more
From the book’s official site at www.Cyberfraudbook.com: “Recent reports indicate that for the first time in history, the staggering growth of cyberfraud has outpaced increases in transaction volumes as it continues to sweep through the developed world with devastating consequences. Financially motivated cybercrime in North America is poised to scale over the next few years and Canadian organizations of all sizes will inevitably be impacted, changing the risk advisory landscape and impacting regulated and unregulated sectors alike.
"The Canadian Cyberfraud Handbook takes the lead in defining the language and structure of cyberfraud, identifies and classifies global trends and offers applicable strategies that position cyberfraud prevention as a risk management initiative. This immersion into cyberfraud belongs on every professional's bookshelf alongside security program management and privacy compliance leadership materials.”
About the Author
Claudiu Popa, CISSP, CIPP, PMP, CISA, CRISC, is a leading authority on risk management, personal information protection, data security strategy and author of four books including The Canadian Cyberfraud Handbook: A Professional Reference (Thomson Reuters) and Managing Personal Information: Insights on Corporate Risk and Opportunity for Privacy-Savvy Leaders (Thomson Reuters). He is the co-founder of the KnowledgeFlow Foundation, a Canadian non-profit organization with the unique objective of bringing children, families and communities in touch with cybersafety techniques that provide lifelong protection from scams, privacy abuses, online victimization and cybercrime.
Through public speaking, media appearances and editorials, Popa remains an ardent supporter of Canadian corporate innovation and technology competitiveness in the global economy. For over 25 years, he has been an active participant in the development of standards, systems and methods to improve cybersecurity education and protect information assets. Claudiu is the CEO of Datarisk Canada and Informatica Security Corporation. He can be reached at Claudiu@SecurityandPrivacy.ca for commentary and media interviews.
About the Foundation:
The KnowledgeFlow Cybersafety Foundation is Canada's first cyber safety initiative built on a solid backbone of professional expertise in security and privacy. The foundation has forged alliances with law enforcement, municipalities, government agencies and boards of education to bring cybersituational awareness and other critical education to educators and vulnerable sector individuals across Canada. The organization is funded through grants and public support focused on particular initiatives, particularly a national initiative to train school principals and teachers to apply the First Principles of Cybersafety. KnowledgeFlow also offers workplace cybeharrassment certification training, cyberbullying prevention and online victimization support solutions. On the Web: https://www.cybersafetyfoundation.org/ or www.KnowledgeFlow.ca
For more information:
Thomson Reuters: (416) 609-3800 or www.FraudBook.ca
Claudiu Popa / KnowledgeFlow: 416-431-9012 by email: Info@KnowledgeFlow.ca or SoundBites@SecurityandPrivacy.ca
CounterPath Awarded Patent that Changes How Users Will Leverage Presence and Location to Intelligently Route Real-Time Communications Across Mobile and IP Networks
VANCOUVER, British Columbia, Nov. 01, 2017 (GLOBE NEWSWIRE) -- CounterPath Corporation (NASDAQ:CPAH) (TSX:PATH), a global provider of award-winning, over-the-top (OTT) Unified Communications (UC) solutions for enterprises and carriers, today announced that it has been awarded patent No. US 9,774,695 by the U.S. Patent and Trademark Office. Titled “Enhanced Presence Detection For Routing Decisions,” this patent optimizes the routing of calls, messages and other communication based upon a user’s real time presence information from both broadband and mobile networks.
While user presence detection from a single network is not new, maintaining a presence status for both types of broadband and mobile networks, and making decisions on where to send messages or request updates when that user is potentially attached to both networks, is novel. Originally, single network, non-data phones would attach to the mobile network and signal that the phone was available to take calls, receive texts and authorize it to make the same. Today our smart phones can attach to both IP and mobile networks simultaneously.
Presence status has also evolved to be more richly composed of details, such as where the person is located via GEO inclusion fields, whether they wish to be disturbed, and if so, by which select group of priority individuals. This richness of presence information leads to a multitude of product features that may be offered. For example, one scenario is using a smartphone’s calendar to expose meeting information over the broadband network, which informs the routing engine not to disturb the user with cellular or VoIP calls during the user’s meetings. Alternatively, a list of priority individuals may be permitted to interrupt the meeting or send messages to the individual. This allows users to remain reachable where urgent conditions are met, or remain undisturbed for less important communications.
“CounterPath has been building software for the communication market for more than 10 years. The relevance of this technology and its underlying patent has even greater significance today,” said Donovan Jones, President and CEO of CounterPath. Communications networks are being meshed and inextricably intertwined with social networks. Increasingly, users are always connected to one or more social networks with their identity and location increasingly public. Seamlessly moving calls based on presence and location is a game changer.”
For more information on CounterPath, please visit http://www.counterpath.com.
About CounterPath
CounterPath Unified Communications solutions are changing the face of telecommunications. An industry and user favorite, Bria softphones for desktop, tablet and mobile devices, together with Stretto Platform™ server solutions, enable operators, OEMs and enterprises large and small around the globe to offer a seamless and unified over-the-top (OTT) communications experience across both fixed and mobile networks. The Bria and Stretto combination enables an improved user experience as an overlay to the most popular UC and IMS telephony and applications servers on the market today. Standards-based, cost-effective and reliable, CounterPath’s award-winning solutions power the voice and video calling, messaging, and presence offerings of customers such as AT&T, Avaya, BroadSoft, BT, Cisco Systems, GENBAND, Metaswitch Networks, Mitel, NEC, Network Norway, Nokia, Rogers and Verizon. Visit www.counterpath.com.
Contacts
Ragi Mahil
Vice President of Marketing
e-mail: rmahil@counterpath.com
Investor Relations
e-mail: ir@counterpath.com
Dataram Acquired by LTL Group
PRINCETON, N.J. and KATY, Texas, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Dataram Memory (“Dataram”), an independent producer of technology solutions for enterprise and data center environments, today announced that it has been acquired by and completed its integration with LTL Group based in Katy, Texas. In October, LTL Group acquired 100% of the ownership interest of Dataram from U.S. Gold Corp. David A. Moylan will remain with Dataram as President and CEO. Anthony M. Lougee will remain with Dataram as its CFO.
LTL Group, well-known for turn-key approach to electronic contract manufacturing services and supply chain management and quality solutions, intends to use Dataram for the introduction of new technically related products and services to the market while maintaining the quality focus, service orientation and customer commitment for which Dataram is known.
“The acquisition will amplify and accelerate the introduction of new product lines that will provide our current and future customers with a more comprehensive portfolio of technical products and services,” stated Dave Moylan. “As we do so, we will continue to demonstrate our proven commitment to high quality, reliable products and services for data intensive enterprise computing and data center environments.”
“Dataram’s customers and partners will recognize the benefits as we work with LTL Group to expand our product portfolio and deliver innovative, cost effective technical solutions while continuing to expand our global footprint,” continued Mr. Moylan. “The Dataram team is looking forward to growing our business and serving our customers and partners as part of the LTL Group.”
Dataram and LTL Group want to assure all parties that there will be no immediate changes to the way business is transacted by Dataram’s channel partners currently supporting Dataram products. Dataram is known globally for its dedication and level of service to its customers, partners, resellers and distributors, and its goal is to maintain strong communication and customer relationships during this transition period. Customers with any questions or concerns are asked to contact their sales representative, distribution or reseller partner, or email LTLGroup@dataram.com.
The acquisition of Dataram by LTL Group builds on a successful first six month period, in which Dataram achieved profitability, delivered more than $11 million in revenue, and successfully launched a storage solutions business which provides customers with SSDs (solid state drives), SD Cards, and MicroSD cards.
“Dataram has built a prominent and globally recognized brand name and company, and our vision is to make it even greater,” said Paul Nie, CEO of LTL Group. “Existing customers can rest assured that the high-quality, reliable technical solutions and strong support that they have experienced from Dataram will continue. Our intent is to make Dataram the go-to brand for high-performance technical solutions – including memory and storage solutions – for enterprise and data center customers around the world.”
About Dataram
Backed by more than 50 years of technology leadership and innovation, Dataram provides technology solutions that help customers simplify, consolidate, automate and scale their enterprise computing and data center environments. Dataram’s solutions include memory and storage, and related technical products and services for desktops, laptops, workstations and servers. The Company sells worldwide to OEMs, distributors, value-added resellers, embedded manufacturers, enterprise customers and end users. To learn more about Dataram, please visit www.dataram.com.
Dataram, Dataram Memory, and the Dataram logo are registered trademarks of Dataram Memory. All rights reserved. All other marks, names trademarks, or registered trademarks, may be the property of their respective titleholders.
Dataram Contact:
Jeffrey Goldenbaum
Director, Marketing
609.799.0071
info@dataram.com
AccessData Releases Powerful New Versions of AD Lab and FTK Digital Forensics Software Tools
LINDON, Utah, Nov. 01, 2017 (GLOBE NEWSWIRE) -- AccessData Group, a leading provider of integrated digital forensics and e-discovery software, today announced the release of new versions of its suite of digital forensics software tools, with innovative new features that allow customers to take greater control of their digital investigations.
The new product releases extend the capabilities of AccessData software tools by enabling seamless integration with important third-party applications. New integration with Project VIC makes it easier for law enforcement professionals to investigate and prosecute child exploitation cases, as well as share forensic data. In addition, users have the option of purchasing access to nearly 200 additional mobile parsers within FTK and AD Lab through a technology partnership with Belkasoft Evidence Center. The result allows users to analyze data from popular mobile apps – such as SayIt, WhatsApp and Facebook – to add more color and context to their investigations. Finally, iSubmit users will benefit from easier case management of digital evidence with a new AccessData integration.
“The enhancements built into AD Lab 6.3 and FTK 6.3 deliver powerful job management tools, the ability to parse additional file types and more flexible processing options that make our customers’ digital investigations more efficient,” said Victor Limongelli, chief executive officer of AccessData. “The new versions of these software products truly raise the bar on our customers’ digital forensics investigations.”
The new releases also include a powerful new feature that enables users to view all active jobs that are being processed by the software at any given moment, then easily change the job processing order to prioritize one specific matter over others. Moreover, the addition of customizable processing profiles within the AccessData forensics tools now make it easy for users to establish enterprise-wide processing standards, which can help create consistency for investigations and reduce the possibility of overlooked data.
AD Lab is a large-scale investigations and processing engine that enables computer forensics labs of all sizes to provide their teams with collaborative analysis, centralized case management and web-based review, thereby dramatically streamlining the investigative process. Last week, AccessData announced that AD Lab is now the first product in its category to be available to users in a cloud-based environment. The product is now available to customers on Amazon Web Services by clicking here and is expected to be available on the Microsoft Azure cloud platform this quarter.
FTK (Forensic Toolkit®) is a court-cited digital investigations platform built to help customers find relevant evidence faster, dramatically increase analysis speed and reduce backlogs.
Today’s announced software enhancements have also been built into the newly released 6.3 version of AD Enterprise, a platform for managing forensic investigations and incident response.
For more information about the new versions of AccessData’s digital forensics software products, please click here.
About AccessData
Whether it’s for investigation, litigation or compliance, AccessData® offers industry-leading solutions that put the power of forensics in your hands. For 30 years, AccessData has worked with more than 130,000 customers in law enforcement, government agencies, corporations and law firms around the world, providing both stand-alone and enterprise-class solutions that can synergistically work together. The company is backed by Sorenson Capital, a leading private equity firm focused on high-growth portfolios. For more information on AccessData, please go to www.accessdata.com.
CONTACT: Media Contact: Lori Tyler Vice President, Marketing ltyler@accessdata.com
Lantronix Settles Patent Enforcement Suit Against USR IOT
IRVINE, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ:LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today announced that it has settled the patent infringement lawsuit filed against Jinan USR IOT Technology, Limited. Lantronix filed the lawsuit in July 2017, in the Southern Division of the Central District of California in U.S. District Court to enforce certain United States patents covering Lantronix’s XPort® family of Serial-to-Ethernet conversion products.
The suit alleged that the defendant’s SuperPort Products, including the USR-K1, USR-K2 and USR-K3, infringed Lantronix’s patents. Under the terms of the settlement, the defendant agreed to cease and desist the sale of the alleged infringing products in the United States.
"We are pleased that we were able to quickly settle this patent enforcement litigation on favorable terms," stated Jeff Benck, President and Chief Executive Officer of Lantronix. “We intend to aggressively pursue legal action against anyone that we believe is inappropriately using our intellectual property.”
Under the terms of the settlement, Lantronix reserved the right to enforce its foreign patents in other countries around the world. Lantronix’s XPort family of products is also protected by patents in several international jurisdictions, including Europe, China, Japan, Hong Kong and Malaysia.
About Lantronix
Lantronix, Inc. is a global provider of secure data access and management solutions for Internet of Things (IoT) assets. Our mission is to be the leading supplier of IoT solutions that enable companies to dramatically simplify the creation, deployment and management of IoT projects while providing secure access to data for applications and people.
With more than two decades of experience in creating robust machine to machine (M2M) technologies, Lantronix is an innovator in enabling our customers to build new business models and realize the possibilities of the Internet of Things. Our connectivity solutions are deployed inside millions of machines serving a wide range of industries, including industrial, medical, security, transportation, retail, financial, environmental and government.
Lantronix is headquartered in Irvine, California. For more information, visit www.lantronix.com.
Learn more at the Lantronix blog, www.lantronix.com/blog, featuring industry discussion and updates. To follow Lantronix on Twitter, please visit www.twitter.com/Lantronix. View our video library on YouTube at www.youtube.com/user/LantronixInc or connect with us on LinkedIn at www.linkedin.com/company/lantronix.
Lantronix Contact:
E.E. Wang
Director, Corporate Marketing and Investor Relations
media@lantronix.com
investors@lantronix.com
949-614-5879
© 2017 Lantronix, Inc. All rights reserved. Lantronix and XPort are registered trademarks of Lantronix Inc.
TROVE Lands Major Predictive Data Science Deal with Large Mid-Atlantic Utility, Attracts Senior Talent to Burgeoning Predictive Data Science Business
SAN ANTONIO, Texas and BUFFALO, N.Y., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Today at Utility Analytics Week, TROVE, the predictive data science company, announced it has made three senior hires across its data science and sales teams to bring the benefits of predictive data science to more clients and drive company growth. Dr. Kamil Grajski joins as Managing Director, Data Science; Tim Pettit as Vice President, Sales – Utilities; and Kevin Matray as Vice President, Sales – Customer Solutions.
Fresh off a major enterprise contract with a large Mid-Atlantic utility, TROVE’s hiring of the new executives reflects the company’s growing opportunity in the emerging predictive data science space, one in which TROVE is innovating, winning new business, and poised to lead. These hires also signal a new phase in the company’s lifecycle as TROVE aggressively builds upon the gains of its advanced data science platform and robust set of Customer and Systems Solvers™ to deepen and broaden market penetration.
Dr. Grajski, Pettit, and Matray will each play an important role in this evolution:
Dr. Kamil Grajski – A seasoned Silicon Valley technology innovator and executive with a proven leadership record at Qualcomm, Dr. Grajski joins TROVE from his own data science consultancy to manage the Science Squad, TROVE’s renowned data science team. At TROVE, Dr. Grajski will marry ongoing data science innovation with process rigor to help the company bring timely, high-quality commercial-grade predictive products to market.
Tim Pettit – A successful management consultant to the utilities industry with 20+-years-experience bringing process innovation and the benefits of data analytics to clients in the commercial, residential, and renewable energy sectors, Pettit joins TROVE from DNV GL and will lead utility sales and manage key partnerships in the sector.
Kevin Matray – Combining a “Big 4” consulting pedigree, an intimate knowledge of enterprise systems, and extensive experience solving clients' business problems, Matray joins TROVE from his own consulting practice where his client-service skills helped TROVE grow ADT into one of its largest Platform engagements. Matray will lead the company’s business development efforts in data-intensive industries beyond the utilities sector.
“TROVE’s ability to attract this level of talent – with each of these individuals choosing us – speaks volumes about the predictive data science space, the progress our company has made to date, and our prospects for the future as we become synonymous with making data useful for our clients,” said Ted Schultz, CEO, TROVE. “Adding Kamil, Tim, and Kevin to our growing team marks an important milestone in our evolution as we become more systematic in our approach to product and business development and grow beyond our startup roots.”
About TROVE
TROVE Predictive Data Science, Inc. is an innovator in predictive data-science technology. The breakthrough TROVE Platform, which combines the best in scalability, open-source technology, data fusion, advanced data modeling, and consumer data, as well as data-science expertise and teamwork, makes data useful for the utility, smart-home, and other data-intensive industries. The company is headquartered in Buffalo, NY with an office in Silicon Valley. For more information, please see www.trovedata.com.
Contacts:
Business inquiries:
Isaias Sudit, TROVE
isudit@trovedata.com
(561) 501-0354
Media inquiries:
Dan Mees, Holland-Mark for TROVE
dmees@holland-mark.com
(617) 201-9131
Culver Duck Company Adopts ReposiTrak® Food Safety Compliance Management Solution
SALT LAKE CITY, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Park City Group’s (NASDAQ:PCYG) ReposiTrak, Inc., the leading provider of Compliance Management and Track & Trace solutions for the grocery and foodservice industries, announces today that Culver Duck is adopting ReposiTrak’s Compliance Management System to manage records from its upstream suppliers. Indiana-based Culver Duck has been breeding and producing ducks since 1958, and with the help of local Amish farms has become the second largest producer of White Pekin Duck in the United States, raising 6 million annually. Culver Duck is a member of the national Quality Chekd (QCS) organization, a not-for-profit, member-owned cooperative that delivers purchasing solutions through aggregate buying power for agricultural-based companies with a focus on producers of dairy, fruit, beverage, vegetables and other food products. Culver Duck is the fifth QCS member to adopt ReposiTrak’s Compliance Management System.
“At Culver, we are very proud of our processing facility’s Global Food Safety Initiative certification. In an effort to constantly improve, we had been looking for an automated system to centralize and better manage our approved supplier documentation,” said Sean Smith, Director of Compliance for Culver Duck. “With more and more QCS members choosing to use ReposiTrak, it just made sense for us to use the same system for both our suppliers and customers.”
“We’re pleased with the continued adoption of ReposiTrak by the members of QCS,” said Randall K. Fields, Chairman and CEO of Park City Group. “We appreciate Culver Duck’s commitment to transparency and are proud to have them utilize our system.”
ReposiTrak, a wholly-owned subsidiary of Park City Group (NASDAQ:PCYG), helps manage regulatory, financial and brand risk associated with issues of safety in the supply chain. Powered by Park City Group’s technology, the platform consists of two systems: Compliance Management, which not only receives, stores and shares documentation, but also manages compliance through dashboards and alerts for missing or expired documents; and Track & Trace, which quickly identifies product ingredients and their supply chain path in the unfortunate event of a product recall. It can reduce the risk in the supply chain by identifying backward chaining sources and forward chaining recipients of products in near real time.
About ReposiTrak
ReposiTrak, Inc. is a wholly-owned subsidiary of Park City Group (NASDAQ:PCYG) and was co-founded with Leavitt Partners. ReposiTrak® provides food retailers and suppliers with a robust solution to help them protect their brands and remain in compliance with the rapidly evolving regulations in the Food Safety Modernization Act. Additionally, ReposiTrak enables traceability as products and their ingredients move between trading partners and now helps customers source new compliant suppliers and drive sales through MarketPlace. More information is available at www.repositrak.com.
About Park City Group
Park City Group (PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information to ensure products are available when and where consumers demand them, helping retailers and suppliers to ‘Sell More, Stock Less, and See Everything’. Park City Group’s technology also assists all participants in the food and drug supply chains to comply with food and drug safety regulations through the Company’s ReposiTrak subsidiary. More information is available at www.parkcitygroup.com.
Media Contact
Ronald Margulis
RAM Communications
+1 908.272.3930
ron@rampr.com
Investor Contact
Jeff Elliott
Three Part Advisors
+1 972-423-7070
jelliott@threepa.com
ePlus Receives Global Award for Lifecycle Management Partner of the Year at Cisco Partner Summit 2017
HERNDON, Va., Nov. 01, 2017 (GLOBE NEWSWIRE) -- ePlus inc. (NASDAQ:PLUS) today announced that its wholly owned subsidiary, ePlus Technology, is the recipient of a Cisco® Partner Summit Global award for Lifecycle Management Partner of the Year. Cisco unveiled the winners at a Global Awards reception during its annual partner conference taking place this week in Dallas, Texas.
Awarded to channel partners who rise to business challenges, the Cisco Partner Summit Global awards are designed to recognize superior business practices and reward best-in-class methodologies. Areas of consideration include innovative processes, architecture-led successes, strategic business outcome-focused programs, seizing new opportunities, and sales approaches.
“I am pleased to recognize these exemplary partners who continue to push the envelope to drive value for our customers. They continue to demonstrate outstanding leadership and bold innovation to respond to the hyper-changing world,” said Wendy Bahr, senior vice president, Global Partner Organization, Cisco. “I am thrilled to present the Lifecycle Management Partner of the Year award to ePlus in recognition of its outstanding achievement in helping customers transform, grow, and succeed.”
“We are honored to be awarded Cisco’s Global Lifecycle Management Partner of the Year,” said Mark Marron, CEO and president of ePlus. “Providing exceptional service is part of ePlus’ DNA—supporting customers through every phase of the IT lifecycle, from consulting to designing, architecting, implementing, and managing solutions. We are delighted to be acknowledged for our success at helping organizations achieve the business outcomes they envisioned and thrive in a digital economy.”
ePlus’ services practice is built on the tenets of commitment and trust, following customers through the operational life of their technology to maximize asset utilization, accelerate outcomes, and streamline the customer experience. ePlus offers flexible service models in key focus areas of cloud, security, and digital infrastructure that help empower organizations to gain process efficiencies, scale to match shifting workloads, and stay ahead of the innovation curve.
“We are extremely grateful and value the recognition of being named as Cisco’s Global Lifecycle Management Partner of the year,” stated Ken Farber, president of ePlus Software, a subsidiary of ePlus Technology. “Supporting customers across the continuum of the software lifecycle, from selecting and purchasing the most appropriate licensing model to optimizing investments through usage and deployment, is a strong competitive differentiator for ePlus. We continue to align with Cisco, offering a true lifecycle approach to software management that enables our joint customers to better predict budgets, respond quicker to business changes, and attain increased licensing flexibility and scalability.”
Cisco Partner Summit Global awards reflect the top-performing partners within specific technology markets across all geographical regions. All award recipients are selected by a group of Cisco Global Partner organization and regional executives.
ePlus also received the following Americas region awards at Cisco Partner Summit:
- US Public Sector – SLED Lifecycle Partner of the Year
- US Nationals – Services Partner of the Year
- US West – Software Lifecycle Partner of the Year
- US East – Architectural Excellence - Collaboration
ePlus is a Cisco Gold Certified Partner with Cisco Master Specializations in Security, Collaboration, Cloud Builder, and Cloud and Managed Services. ePlus is a Cisco Learning Partner and a member of the Cisco Lifecycle Advisor Program as well as the AppDynamics Titan Partnership Program. In addition, ePlus holds Cisco Advanced Specializations in Data Center Architecture, Collaboration Architecture, Enterprise Networks Architecture, IoT – Connected Safety and Security, Security Architecture, and Unified Computing Technology. ePlus also holds Cisco Authorized Technology Provider designations in Application Centric Infrastructure, TelePresence Video Master, Energy Management Suite Integrator, Telehealth Reseller, and Unified Contact Center Enterprise. For more information about Cisco solutions from ePlus, visit www.eplus.com/cisco.
About ePlus inc.
ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology. With the highest certifications from top technology partners and expertise in key technologies from cloud to security and digital infrastructure, ePlus transforms IT from a cost center to a business enabler. Founded in 1990, ePlus has more than 1,200 associates serving a diverse set of customers in the U.S., Europe, and Asia-Pac. The Company is headquartered at 13595 Dulles Technology Drive, Herndon, VA, 20171. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com. Connect with ePlus on Facebook at www.facebook.com/ePlusinc and on Twitter at www.twitter.com/ePlus. ePlus. Where Technology Means More®.
ePlus®, Where Technology Means More®, and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries. OneCloud is a trademark of OneCloud Consulting, Inc. in the United States and/or other countries. The names of other companies, products, and services mentioned herein may be the trademarks of their respective owners.
Cisco and the Cisco logo are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
Statements in this press release that are not historical facts may be deemed to be “forward-looking statements.” Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, possible adverse effects resulting from financial market disruption and general slowdown of the U.S. economy such as our current and potential customers delaying or reducing technology purchases, increasing credit risk associated with our customers and vendors, reduction of vendor incentive programs, and restrictions on our access to capital necessary to fund our operations; our ability to consummate and integrate acquisitions; the possibility of goodwill impairment charges in the future; significant adverse changes in, reductions in, or losses of relationships with major customers or vendors; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; our ability to implement comprehensive plans for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; our ability to reserve adequately for credit losses; our ability to secure our electronic and other confidential information; future growth rates in our core businesses; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission. All information set forth in this press release is current as of the date of this release and ePlus undertakes no duty or obligation to update this information.
Contact:
Kleyton Parkhurst, SVP
ePlus inc.
kparkhurst@eplus.com
703-984-8150
AMD Appoints Mark Durcan to Board of Directors
SUNNYVALE, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced that it has appointed Mark Durcan, 56, to its board of directors.
Durcan serves as an advisor to Micron Technology, and was previously CEO from 2012 until his retirement in May 2017. Throughout his 32-year tenure at Micron, Durcan held multiple senior leadership positions, including president and chief operating officer, chief technical officer, and vice president of research and development. Durcan has been awarded approximately 100 U.S. and overseas patents and is widely recognized as a semiconductor memory industry innovator.
“Mark led Micron through a period of significant growth. We look forward to gaining Mark’s deep industry insights, technical knowledge and leadership experience as a member of AMD’s board of directors,” said John Caldwell, AMD chairman of the board.
Durcan earned a Bachelor of Science degree in chemical engineering and a Master of Chemical Engineering from Rice University. He currently serves as a board member of AmerisourceBergen and St. Luke’s Health System.
About AMD
For more than 45 years AMD has driven innovation in high-performance computing, graphics, and visualization technologies ― the building blocks for gaming, immersive platforms, and the datacenter. Hundreds of millions of consumers, leading Fortune 500 businesses, and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work, and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ:AMD) website, blog, Facebook and Twitter pages.
AMD, the AMD Arrow logo, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.
Contact:
Drew Prairie
AMD Communications
(512) 602-4425
Drew.Prairie@amd.com
Laura Graves
AMD Investor Relations
(408) 749-5467
laura.graves@amd.com
Xeikon and EFI Entering into a Strategic Partnership for Digital Label Printing
FREMONT, Calif. and EEDE, the Netherlands, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc. (Nasdaq:EFII) and Xeikon, a division of Flint Group, today announced they have entered into an exclusive partnership for the EFI™ Jetrion® digital label and narrow web inkjet printing systems. Under the partnership, Xeikon will service, support and supply the worldwide Jetrion customer base, and continue the direct sales of Jetrion digital label printing systems as part of the Xeikon portfolio of digital dry toner and UV inkjet presses for the self-adhesive label market.
“EFI Jetrion printing systems have helped to establish the market for industrial digital inkjet label production, and the numerous innovations developed for high-resolution Jetrion technology – including high-end, production-class LED imaging, superior opaque white ink and true all-in-one integrated print, varnish, cut and slit systems – have given EFI Jetrion the largest installed base of UV inkjet label presses in the world,” said Guy Gecht, EFI CEO. “As we expand our portfolio of industrial inkjet products, we prioritized our go to market investment and resources. It was a clear choice for us to pick Xeikon, one of the undisputed leaders in digital label printing, as the ideal partner to continue a trustworthy sales and service operation for the Jetrion product line.”
“Knowing that our label customers will be in excellent hands in this partnership, we are looking forward to working closely with Xeikon to continue to provide ink for our current and future customers,” Gecht continued, “as we look for opportunities to expand this partnership to Productivity Software and future innovation.”
Benoit Chatelard, President and CEO Digital Solutions, Flint Group, stated: “Xeikon is the perfect partner to market, service and support the EFI Jetrion product line as both companies share a common goal of delivering exceptional value, unparalleled service, consistent quality and continuous innovation – values we are committed to secure in the future for all Jetrion customers worldwide. Xeikon is a technology-agnostic solutions provider with almost 30 years of experience in digital printing. With over 500 digital label presses installed worldwide, we are an acknowledged leader in the self-adhesive label market. Xeikon has the broadest digital label printing offering in the market, including workflow, presses, embellishment modules and converting equipment, and a worldwide service and support network that is unparalleled in the label market. All our customers are fully trained, serviced and supported through direct, first-line contact with Xeikon engineers, and this will be no different for the Jetrion customers.”
Digital label and narrow web printing systems meet the growing demand for shorter runs, versioning, faster turnarounds and inventory reduction, while increasing customers’ margin potential on short-run label quantities of 100 or less up to runs of 50,000 or more.
Jetrion users will benefit from superior customer care focused on advanced digital production operations, thanks to a strong Xeikon field presence with more than 100 dedicated service and support personnel worldwide.
As part of the exclusive partnership, the Jetrion product line will complement Xeikon’s digital label press portfolio, which includes the high-end Xeikon Cheetah Series and entry-level Xeikon 3000 Series of dry toner label presses as well as the high-end Xeikon Panther Series of UV inkjet label presses. Adding the Jetrion product line to its portfolio, Xeikon continues to expand its range of technology and digital label printing capabilities that address the very specific requirements of label printers and converters.
About EFI
EFI™ is a global technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging. We are passionate about fueling customer success with products that increase competitiveness and boost productivity. To do that, we develop breakthrough technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalized documents, with a wide range of printers, inks, digital front ends, and a comprehensive business and production workflow suite that transforms and streamlines the entire production process. Visit www.efi.com or follow EFI online on Twitter, Instagram, Facebook and YouTube.
About Xeikon
Xeikon, a division of Flint Group, is a long-standing leader and innovator in digital printing technology. Grounded in the principles of quality, flexibility and sustainability, Xeikon designs, develops and delivers web-fed digital color presses for label and packaging applications, document printing, and commercial printing. These presses utilize different imaging technologies, open workflow software and application-specific consumables.
As an OEM supplier, Xeikon also designs and produces plate makers for newspaper printing applications. In addition, Xeikon manufactures basysPrint computer-to-conventional plate (CtCP) solutions for the commercial offset printing market. For the flexographic market, Xeikon offers digital platemaking systems under the ThermoFlexX brand name. ThermoFlexX systems provide high-resolution plate exposure combined with unique plate handling, flexibility and unmatched productivity.
In 2015, Xeikon joined Flint Group to create a new “Digital Printing Solutions” division for the leading global print consumables and solution provider to the packaging and print media industries. Flint Group develops and manufactures an extensive portfolio of printing consumables. These include a vast range of conventional and energy-curable inks and coatings, pressroom chemicals, printing plates and equipment, printing blankets and sleeves, and pigments and additives for use in inks and other colorant applications. Headquartered in Luxembourg, Flint Group employs some 7900 people. On a worldwide basis, the company is the number one or number two supplier in every major market segment it serves. Visit www.xeikon.com, or follow Xeikon Twitter, LinkedIn, Facebook and YouTube.
For media inquiries, contact:
EFI
Holly O’Rourke, Advertising/Corporate Communications
T: +1 603 677-8992 – E: Holly.ORourke@efi.com
Xeikon:
Danny Mertens, Corporate Communications Manager
T: +32 494 50 00 57 – E: Danny.Mertens@xeikon.com
PR agency Xeikon: Duomedia, Nancy Vermeulen
M: +32 474 21 89 21 – E: nancy.v@duomedia.com
The Electronics For Imaging, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/pkgid=15847.
Safe Harbor for Forward Looking Statements Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that could be deemed forward-looking statements include, but are not necessarily limited to, statements regarding the impact of the partnership on EFI's results, future product offerings to Jetrion customers, integration of Jetrion, future customer achievements, continuation of support to the existing Jetrion client base, and any statements or assumptions underlying any of the foregoing.
Forward-looking statements are subject to certain risks and uncertainties that could cause our actual future results to differ materially, or cause a material adverse impact on our results. Potential risks and uncertainties include, but are not necessarily limited to, unforeseen expenses; the difficulty of aligning expense levels with revenue; management's ability to forecast revenues, expenses and earnings; any world-wide financial and economic difficulties and downturns; adverse tax-related matters such as tax audits, changes in our effective tax rate or new tax legislative proposals; the unpredictability of development schedules and commercialization of products by the leading printer manufacturers and declines or delays in demand for our related products; changes in the mix of products sold; the uncertainty of market acceptance of new product introductions; intense competition in each of our businesses, including competition from products developed by EFI’s customers; challenge of managing asset levels, including inventory and variations in inventory levels; the uncertainty of continued success in technological advances; the challenges of obtaining timely, efficient and quality product manufacturing and supply of components; litigation involving intellectual property rights or other related matters; our ability to successfully integrate acquired businesses; the uncertainty regarding the amount and timing of future share repurchases by EFI and the origin of funds used for such repurchases; the market prices of EFI’s common stock prior to, during and after the share repurchases; any disruptions in our operations, the difficulty to retain employees; the compliance with requirements regarding the "conflict minerals," if they are found to be used in our products, and any other risk factors that may be included from time to time in the Company's SEC reports.
NOTE TO EDITORS: The EFI logo and Jetrion are registered trademarks of Electronics For Imaging, Inc. in the U.S. and/or certain other countries. EFI is a trademark of Electronics For Imaging, Inc. in the U.S. and/or certain other countries. All other terms and product names may be trademarks or registered trademarks of their respective owners, and are hereby acknowledged.
Nothing herein should be construed as a warranty in addition to the express warranty statements provided with EFI products and services.
Percona Live Open Source Database Conference Europe 2017 Showcases Power, Popularity and Innovation of Open Source Database-Powered Infrastructures
RALEIGH, N.C., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Percona, the company that delivers enterprise-class MySQL®, MongoDB® and other open source database solutions and services, announced the success of Percona Live Open Source Database Conference Europe 2017, which took place September 25-27, 2017 at the Radisson Blu Royal Hotel in Dublin, Ireland.
The Percona Live Open Source Database Conference Europe is the premier event for individuals and businesses developing and using open source software. The conference theme this year was “Championing Open Source Databases,” and the event included more than 100 speakers sharing their in-depth knowledge with more than 350 attendees.
“This year’s Percona Live Open Source Database Conference Europe demonstrated how open source database solutions are powering digital transformation and enabling organizations of all sizes and across all industries to innovate and grow rapidly,” said Peter Zaitsev, co-founder and CEO of Percona. “Once again, I want to thank all our champions of open source databases – our sponsors, speakers and attendees – for taking time to share their knowledge and insights to create an inspiring environment of learning and community.”
Keynote Addresses and Breakout Sessions
This year’s Percona Live Open Source Database Conference Europe featured 11 keynote addresses (available on YouTube) and more than 100 informative tutorials and breakout sessions, including:
- Championing Open Source Databases – Peter Zaitsev, Percona
- MySQL as a Layered Service: How to Use ProxySQL to Control Traffic and Scale Out – Rene Cannao, ProxySQL
- Real Time DNS Analytics at Cloudflare with ClickHouse – Tom Arnfeld, Cloudflare
- Why Open Sourcing Our Database Tooling Was the Smart Decision – Shlomi Noach, GitHub
- MyRocks at Facebook and a Roadmap – Yoshinori Matsunobu, Facebook
- Prometheus for Monitoring Metrics – Brian Brazil, Prometheus/Robust Perception
- State of the Dolphin – Geir Høydalsvik, Oracle
- Many Faces of Continuent Tungsten – MC Brown, Continuent
- Database Performance in High Traffic Environments – Pavel Genov, Pepper
- MySQL 8.0: Atomic DDLs – Implementation and Impact – Ståle Deraas, Oracle
- RocksDB Static Sorted Table (SST) Formats: Considerations When Building a Search Engine – Tarek Sheasha, Booking.com
- High Performance JSON - PostgreSQL vs. MongoDB – Wei Shan Ang and Dominic Dwyer, GlobalSign
- Automating and Managing MongoDB: An Analysis of Ops Manager vs. ClusterControl – Ruairí Newman, Severalnines AB
- Building Multi-Petabyte Data Warehouses with ClickHouse – Alexander Zaitsev, LifeStreet/Altinity
- Scaling and Hardware Provisioning for Databases: Lessons Learned at Wikipedia – Jaime Crespo, Wikimedia Foundation
Sponsorships
Percona Live Open Source Database Conference Europe 2017 was made possible through the support of the following sponsors:
- Diamond Sponsor – Continuent
- Gold Sponsors – Facebook, VividCortex
- Exhibitor Sponsors – Altinity, Ispirer, PGDAY Russia ’17, Rackspace, Severalnines, TimescaleDB
- Contributor Sponsors – Webyog, Oracle MySQL
- Media Sponsors – CMSWire, Datanami, InsideBigData, InsideHPC, ODBMS.org, Opensource.com, O’Reilly Media
The Next Percona Live Conference
What: Percona Live Open Source Database Conference 2018
Where: Santa Clara, Calif.
When: April 23-25, 2018
The call for papers for Percona Live Open Source Database Conference 2018 will be opened soon, look to the conference landing page for news and updates.
Company Information
Press Contact
Brigit Valencia
For Percona
(360) 597-4516
bdbvalencia@gmail.com
About Percona
With more than 3,000 customers worldwide, Percona is the only company that delivers enterprise-class solutions for both MySQL®, MongoDB® and other open source databases across traditional and cloud-based platforms. The company provides Software, Support, Consulting, and Managed Services to large, well-known global brands such as Cisco Systems, Time Warner Cable, Alcatel-Lucent, Rent the Runway and the BBC, as well as smaller enterprises looking to maximize application performance while streamlining database efficiencies. Well established as thought leaders, Percona experts author content for the Percona Database Performance Blog and the Percona Live Open Source Database Conferences draw attendees and expert technical speakers from around the world. For more information, visit www.percona.com.
Percona®, XtraBackup®, TokuDB® and Fractal Tree® are registered trademarks of Percona LLC or its subsidiaries. All other registered and unregistered trademarks in this document are the sole property of their respective owners.
Aurora Receives Order from REC Group for Cell Optimization
NORTH VANCOUVER, British Columbia, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Aurora Solar Technologies Inc. (“Aurora”)(“Company”)(TSX.V:ACU) (OTCBB:AACTF) (FSE:A82), a leader in inline measurement and control technology for the photovoltaic manufacturing industry, is pleased to announce that it has received an initial order from REC Group for two DecimaTM 3T and VeritasTM products, with a letter of intent for additional units.
Subject to a decision to expand production beyond this initial phase, the project will encompass up to eight Decima 3T and Veritas units. The first two systems are expected to ship in January 2018 with the shipment of the balance to follow in accordance with additional purchase orders.
“We are excited to see another endorsement of our unique capabilities for solar cell characterization from an industry leader,” said Michael Heaven, Aurora’s Chief Executive Officer. “We look forward to working with REC Group to realize the benefits of the inline measurement systems for rapid ramp-up of the new lines and to optimize the manufacturing yield of these advanced cells.”
About REC Group:
Founded in Norway in 1996, REC Group is a leading vertically integrated solar energy company. Through integrated manufacturing from silicon to wafers, cells, high-quality panels and extending to solar solutions, REC Group provides the world with a reliable source of clean energy. REC’s renowned product quality is supported by the lowest warranty claims rate in the industry. REC Group is a Bluestar Elkem company with headquarters in Norway and operational headquarters in Singapore. REC Group employs more than 2,000 people worldwide, producing 1.4 GW of solar panels annually. Find out more at www.recgroup.com.
About Aurora Solar Technologies:
Aurora’s mission is to deliver exceptional results to the photovoltaic industry through measurement and control of critical processes during solar cell manufacturing.
We measure and map the results of critical cell fabrication processes, providing real-time visualization of material properties and true production tool performance. Our products provide process engineers and production-line operators with the means to rapidly detect and correct process excursions, material faults, limit variations, and optimize processes, thereby eliminating yield-reducing and profit-killing product variation.
We are creating the standard for quality control systems for the global photovoltaic industry.
Headquartered in North Vancouver, Canada, and founded by experienced leaders in process measurement, semiconductor manufacturing and industrial automation, the Company’s shares are listed on the TSX Venture Exchange and trade under the symbol “ACU”. The Company was formerly “ACT Aurora Control Technologies”. For more information, Aurora’s website is located at www.aurorasolartech.com.
For further information contact:
Michael Heaven, P.Eng., MBA
President & Chief Executive Officer
Aurora Solar Technologies Inc.
Phone: +1 (778) 241-5000
info@aurorasolartech.com
Investor Relations contact:
Nina Lafleur
Phone: +1 (604) 679-9964
info@aurorasolartech.com
Paradox Public Relations
Phone: +1 (514) 341-0408
info@paradox-pr.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Some statements in this news release contain forwardlooking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. The Company does not assume the obligation to update any forwardlooking statement.
Sage Foundation’s Enterprise Fund releases new funding to help back the brightest new ideas from non-profits around Canada
RICHMOND, British Columbia, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Sage, the market leader in cloud business management solutions, has today launched the second round of funding from Sage Foundation’s Enterprise Fund. The fund supports the creation of either new or piloted entrepreneurial programmes to help improve the lives of military veterans, young people or women and girls in Canada.
Every day, across Canada, inspiring non-profit leaders, volunteers and their supporters are working tirelessly to make their communities better places to live. Sage Foundation’s Enterprise Fund has been designed to support small non-profits with exceptional, original ideas on the brink of delivering real change, take a bold step forward when they are unable to make their idea a reality due to lack of funds.
After awarding $500,000, through over 30 grants, across 15 Sage countries earlier in 2017, the next wave of $500,000 will be open until November 28; a limited number of grants between $10,000 - $25,000 will then be awarded to successful applicants.
Sage Foundation is committed to helping small, frontline organizations, therefore the fund is only open to organizations with an income that is less than $2M, and projects or initiatives that have been operational for two years or less.
Sage Foundation is especially keen to support organizations that have ambitions to expand, grow and deliver sustainable change. It is also hoped that the fund will support traditionally hard to fundraise needs such as capital projects and core running costs.
“Non-profit organizations survive and thrive thanks to the dedication of staff and volunteers, but they also need funding to take action. Through the Sage Foundation, we’re committed to supporting non-profits by providing grants to support vital local projects,” said Paul Struthers, Executive Vice President and Managing Director, Sage Canada. “There are so many charities with really exceptional, original ideas on the brink of delivering real change. By providing easier access to funds, it is our hope that these organizations will be able to turn their enterprising solutions into reality.”
Since January 2016, Sage Foundation has been taking action to build sustainable social, economic and entrepreneurial opportunities in Sage’s local communities around the world. By investing and supporting non-profit partners that are helping people reach their true potential, Sage is committed to doing business the right way.
Click here to check if your non-profit is eligible for Sage Foundation’s Enterprise Fund. Follow @sagefoundation for the latest from our community.
Additional resources:
Like Sage on Facebook – https://www.facebook.com/SageNAmerica/
Follow Sage on Twitter - https://twitter.com/SageNAmerica
Follow Sage News
About Sage
Sage (FTSE:SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up or enterprise. We do this through Sage Business Cloud - the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll and Payments & Banking.
Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13000 colleagues and a network of accountants and partners. We are committed to doing business the right way, and giving back to our communities through Sage Foundation.
Find out more at www.sage.com/ca.
CONTACT: Media contact: Betty Tian, Sage Office: 604-207-3611 Mobile: 604-376-7398 Betty.Tian@Sage.com
Identillect Announces Implementation and Development of Blockchain Supported Security Technology For Its Industry Leading Delivery Trust™ Email Security Platform
IRVINE, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Identillect Technologies Corp. (the "Company" or "Identillect") (TSX-V:ID) (OTCQB:IDTLF) (Frankfurt:8ID), a leading provider of email security today announced the integration and development of a new security offering utilizing blockchain technology to maximize the audit log integrity of emails and address Man-in-the-Middle (MitM) attacks. Blockchain, the underlying technology behind bitcoin, is a digital tool for doing a variety of functions such as recording and verifying transactions. These functions have much needed utilization for security advances in the financial services, healthcare, banking, manufacturing, and retail industries.
Identillect maintains the most aggressive approach when it comes to security technology. As cyber criminals’ methods progress, Identillect proactively evolves to meet these changing threats. As part of a series of strategic developments taken by the Company, Identillect is seeking to continue its position as a digital security innovator with the integration of blockchain technology into its leading email security platform, Delivery Trust™. The Company aims to leverage this new security technology to enhance its product offering in the future.
The basis for integrated blockchain technology is to deal directly with MitM attacks and mobile device tampering. Mobile device tampering has become an increasingly more significant component to an organization’s security. With most organizations moving to a “Bring Your Own Device” (BYOD) strategy, the security requirements around mobile communication have shifted. An April 2017 survey determined companies are seeing 20% of all security breaches occurring from employee mobile device communications. Additionally, Man-in-the-Middle attacks are one of the most popular and simplest forms of malware accounting for 51% of data breaches analyzed involving malware.
Blockchain’s decentralized ledger and solid security offers an exciting opportunity for persisting the audit log entries of a Delivery Trust™ email. Using the distributed ledger of a blockchain, the audit log entries will be stored in a permanent and verifiable way, which eliminates the possibility of data tampering and MitM attacks.
Todd Sexton, Identillect CEO states, “Identillect is proud to be on the cutting edge of security technology advancement. Beginning the integration of blockchain technology continually ensures the secure methodology of information and keeping our commitment to stay current.”
About Identillect
Identillect Technologies is the leading provider of email encryption service Delivery Trust™, empowering enterprises of all sizes to protect their business and their client’s critical information against cyber security attacks.
Delivery Trust™ is an award-winning, multi-platform plug-in, which gives users complete control of their emails, for one low price. One simple integration complies with all regulations and most importantly provides peace of mind.
For more information, or your free trial, please visit www.identillect.com
On Behalf of the Board of Directors of:
IDENTILLECT TECHNOLOGIES CORP.
Todd Sexton
Chief Executive Officer
Tel: (949) 468-7878
Email: todd.sexton@identillect.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
Periscope Data Unveils Industry-First Platform for Data Teams
Unified Data Platform Overcomes Fragmented Data, Tools and Workflow
That Cost Businesses $3.1 Trillion Annually
Ingest, Store, Analyze, Visualize and Report Data — All From One Platform
SAN FRANCISCO, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Periscope Data today launched a new software platform that meets the unique needs of professional data teams, the fast-growing community of data analysts, data engineers, data scientists and chief data officers that are driving the future of business. Periscope’s Unified Data Platform is the industry’s first to address the complete analytics lifecycle, allowing data teams to ingest, store, analyze, visualize and report on data — all from one connected platform — and deliver deeper insight to their organizations.
Often called the next natural resource, corporate data is the lifeblood of most businesses and drives significant technology investment. Yet most organizations struggle to efficiently and accurately harness insights from this data. The reason: Data is fragmented across the business, managed by an array of disconnected tools, and analyzed by siloed teams that can’t ensure accurate metrics or consistent insights into business performance.
With Periscope’s Unified Data Platform, businesses can create a data-driven culture by combining a single source of truth — a data warehouse — with deep analytics capabilities, empowering data teams to collaborate and be more productive and efficient. Periscope’s platform is designed to overcome the high costs of incomplete, out-of-date and potentially inaccurate data, which costs a typical business nearly $10 million per year1 — creating a $3.1 trillion annual drag on the U.S. economy2. The platform also addresses the large and growing market for big data and analytics software, predicted to be worth $60 billion globally by 2020, according to IDC3.
“Companies have more data than they can handle — but never enough insight,” said Harry Glaser, co-founder and CEO of Periscope Data. “Business leaders know they’re not getting what they need, and their data teams are hamstrung by siloed, inefficient systems. How often does a CEO get conflicting views of data from different departments And how often do businesses make product decisions without fully understanding customer behavior This has to change, and we’re excited to empower data teams with a fast, smart, unified platform.”
“Data is essential to Flexport’s mission, which is to fix the user experience in global trade,” said Ryan Peterson, founder and CEO, Flexport. “We use data internally to run a better operation, and also to add more value to our customers. If we didn’t have Periscope Data at the core of our business, organizing all our data, making it accessible and helping our teams make decisions, we would really struggle and be back in the dark ages. We use it to do everything, and we’re steering the business strategically based on the insights that we find in Periscope Data.”
Founded by managers from Google and Microsoft, Periscope Data has already become a hit with its core product (Periscope Data Analytics), which instantly turns SQL queries into interactive charts and dashboards that are easy to share. Periscope’s customers write 16 million queries and share 30,000 dashboards per day, spending an average of 20 hours every week in the software, and over 90% log in to the platform every day. Since 2016, the company has tripled its customer base to more than 950 brands, including Adobe, Crunchbase, EY, Flexport, MoneyLion, New Relic, Supercell, Tinder and ZipRecruiter.
Periscope’s new Unified Data Platform extends the core product with built-in data warehousing capabilities based on Amazon Redshift, as well as new capabilities to ingest data from any source, all without leaving the Periscope platform. The Unified Data Platform is comprised of the following core components:
- Ingestion: Connect to data from virtually any source, easily and instantly. Through partnerships with Alooma, Fivetran, Matillion, and Stitch Data, data teams can now use Periscope Data to ingest data from disparate data sources into Periscope’s managed warehouse, creating a single source of truth for accurate analysis and reporting.
- ETL: Analysts are now able to transform data prior to loading a data warehouse, or after, allowing them to apply logic to data where it makes sense.
- Analysts can also use the platform to define and reuse SQL-based data models that update automatically and are tailored to their objectives.
- Storage: 100% data warehouse, 0% IT hassle.Periscope Data’s platform embeds and extends Amazon Redshift to deliver best-in-class data storage and management via the cloud. For the first time, analysts have full visibility into data dependency and data latency to ensure they’re using the correct data sources. With Periscope, data analysts can spin up a powerful data warehouse — including full control over user access, data permission, cluster performance and query management — with no IT help required.
- Data teams can connect data sources that Periscope will keep fresh and up-to-date automatically — or data teams can write in their own data via JDBC.
- Periscope also allows data teams to build materialized views on top of the full, raw data set using SQL, and keeps them up-to-date automatically without requiring the customer to do any engineering. This radically reduces the time and effort to get to CEO-ready insight and charts.
- Customers don’t need to purchase and maintain infrastructure, or worry about redundant manual work to schedule, backup, restore and/or archive data.
- Data is always up-to-date and in one place, freeing data engineers from spending countless hours copying data from system to system, allowing them to focus on system performance and optimization.
- Analysis: Surface actionable insights in seconds — not hours or days — and go deep on business insights.Periscope currently delivers fast and powerful queries using the SQL database language, and will add support in early 2018 for R and Python, the most popular statistical programming languages.
- Periscope’s SQL Editor helps analysts get their jobs done quickly with fewer manual steps and repetitive queries. “Snippets” allow analysts to store frequently used code to a common library, and “views” allow them to reuse entire queries. The system also provides query revision history, autocomplete, formatting and universal syntax.
- Periscope delivers fast queries across the board by pre-processing data in materialized views, so analysts can go from data to insights in seconds. The system proactively notifies the analyst if a view requires their attention.
- R and Python support will empower data scientists to work within the same platform as data analysts and data engineers, providing common management, common compliance, and a common toolset against a unified dataset.
- Visualization: From data to charts instantly. Superior design promotes greater usability so Periscope curates the types of charts, options, and color schemes available to create a friction-free environment. Analysts can build interactive and dynamic charts and dashboards with just a few clicks, capturing accurate and actionable insights for business users without compromising flexibility or control.
- From bar charts to maps, Periscope offers hundreds of visualization options ensuring that analysts can answer any question with just the right visualization.
- Visualization is highly efficient, including automatic defaults to reduce the need for configuration.
- The best-in-class IDE includes positional error highlighting, automatic code formatting, autocomplete, partial query runs and many more features so that analysts can do all their work in one platform without switching to a separate code editor.
- Data consumers can drill down, pivot, filter and aggregate to answer questions themselves without writing SQL or chasing down busy analysts.
- Reporting: Embed insights and drive action. Periscope enables analysts to deliver actionable and accurate insights to business stakeholders when, where and how they want it. Persistent connectivity, coupled with automated queries, ensures that charts are always accurate and up-to-date, and detailed annotations allow users to collaborate and gain immediate insight.
- Charts can be embedded within a web page, intranet portal or directly within a product via Periscope’s embed API, which allows analysts to easily and securely share dashboards with anyone in the world.
- Charts and dashboards can also be shared via links, email, Slack, PDF or CSV files, and even full-screen TV mode.
“Most companies have data scattered all over, with disparate teams and too many tools,” said Tom O’Neill, co-founder and chief technology officer, Periscope Data. “We’ve re-engineered the process to regain control over runaway data, empowering individual data experts to do their jobs faster — and allowing data teams to collaborate across the analytics lifecycle. Unifying data and unifying data teams will be critical to the future of data-driven businesses.”
“As a business manager, I need to have fresh and accurate data to make the best decisions,” said Alexandra Mack, head of marketing for Crunchbase. “We chose Periscope Data because it unites all of our disparate data sources, aligns our data teams, and gives my staff the power to be data experts far better than any other solution we evaluated. We’re banking on Periscope for our strategic planning — in fact, our 2018 plan wouldn’t make sense if we took Periscope Data out of the picture.”
Availability
Periscope’s Unified Data Platform is available today, including both Periscope Data Analytics and Periscope Data Warehouse. Support for R and Python languages will be available in early 2018.
As an enterprise-grade system, Periscope’s Unified Data Platform delivers the highest levels of management and security functionality. Using the platform, data teams can monitor their cluster’s CPU and memory usage, which queries are being run by whom, as well as control who has access to which data. Additionally, Periscope Data delivers a cloud security infrastructure that follows industry best practices and standards, including:
- End-to-end encryption for data at rest and in transit using AES-256
- TLS 1.2 support
- Monitoring, access logs and intrusion detection systems
- Support for single sign-on and two-factor authentication
- SOC2 and HIPAA compliance
About Periscope Data
Periscope Data builds software to turn data teams into superheroes. Its Unified Data Platform is the industry’s first to address the complete analytics lifecycle, allowing data teams to ingest, store, analyze, visualize and report on data all from one connected platform. This empowers them to collaborate and drive faster insight, while allowing businesses to foster a data-driven culture around a single source of truth. Periscope Data serves 950+ customers globally, including Adobe, Crunchbase, EY, Flexport, New Relic, Supercell, Tinder and ZipRecruiter.
Sources:
1 -- Gartner, “How to Create a Business Case for Data Quality Improvement,” January 2017
2 -- Harvard Business Review, “Bad Data Costs the U.S. $3 Trillion Per Year,” September 2016
3 -- IDC, Worldwide Semiannual Big Data and Analytics Spending Guide, March 2017
CONTACT: For more information, contact: Tim Marklein tim@bigvalley.co 415-999-2006
RFA and Seclore Announce Strategic Partnership to Deliver Data-Centric Security to Firms Worldwide
NEW YORK and SUNNYVALE, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- RFA and Seclore have agreed to integrate Seclore’s leading, data-centric security Rights Management solution into RFA’s managed security services offering which is designed to address the specific needs of hedge funds, private equity funds, private wealth advisors, investment management firms and law firms for protecting data and preventing cyberattacks.
Seclore Rights Management will be available as part of RFA’s cloud-based client solutions, which may be bundled with RFA’s other security services including vulnerability assessment, threat mitigation, anti-virus and boundary defense.
As the most advanced and secure Rights Management solution, Seclore recently announced the industry’s first fully browser-based Rights Management offering. With this latest Seclore 3.0 release, RFA clients will be able to protect, share and access protected files with the convenience of a browser.
“Because of this strategic partnership with Seclore, our clients now have built-in access to the world leader in Rights Management, with the ability to protect their most valuable data in more than 60 different file formats,” said Grigoriy Milis, CTO, RFA.
“Financial services clients face an increasingly urgent need to protect sensitive data – whether it be their firm’s own data, or data they have received from their customers,” says Andrew Johnson, VP of Business Development, Seclore. “With Seclore integrated into RFA’s broader services and consulting offering, RFA clients literally now have the most advanced, data-centric security at their fingertips.”
About RFA (Richard Fleischman & Associates)
RFA is the trusted technology partner to over 550 clients globally for nearly thirty years. Offering a full range of technology solutions with global data center operations, RFA serves the IT and Technology needs across the whole of the Financial and Legal sectors. RFA has the expertise to meet the industry-specific needs of our clients with a proven customer service model, whether it’s on-site or cloud-based solutions, telephony, data systems, fully-managed IT, or project management. RFA is headquartered in New York City with operations in Westchester, Connecticut, New Jersey, Massachusetts, California, and EMEA HQ in London.
About Seclore
Seclore offers the market’s first fully browser-based data-centric security solution, which enables organizations to control the usage of files wherever they go, both within and outside of the organization’s boundaries. The ability to remotely enforce and audit who can view, edit, copy, screen share, and redistribute files empowers organizations to embrace mobility, file-sharing, and external collaboration with confidence. With over 6000 companies in 29 countries using Seclore to protect 10 petabytes of data, Seclore is helping organizations achieve their data security, governance, and compliance objectives.
CONTACT: Media Contacts Lauren McNamara LEWIS Global Communications 619-308-5200 seclore@teamlewis.com
Top Image Systems Third Quarter 2017 Earnings Results Release Scheduled for Wednesday, November 15, 2017
TEL AVIV, Israel and PLANO, Texas, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Top Image Systems Ltd. (NASDAQ:TISA), a global innovator of intelligent content processing solutions, today announced that the Company will be releasing its results for the third quarter of 2017 on Wednesday, November 15, 2017.
The Company will host a conference call and webcast later that same day, Wednesday, November 15, 2017 at 10:00 am ET, during which the Company’s management will present and discuss the financial results and be available to answer questions from investors.
To join the conference call, please dial in to one of the following teleconference phone lines using the numbers listed below. Please begin placing your calls at least five minutes before the conference call commences. If you are unable to connect using the toll-free number, please try the US Toll/International dial-in number.
US Toll-Free Dial-in Number: 1-877-407-0784
US Toll/INTERNATIONAL Dial-in Number: 1-201-689-8560
Israel Toll-Free Dial-in Number: 1-809-406-247
The conference call is scheduled to begin at:
7:00 a.m. Pacific Time / 10:00 a.m. Eastern Time / 5:00 p.m. Israel Time
To join the live webcast, please click on the following link: https://viavid.webcasts.com/starthere.jspei=1169585&tp_key=4781f65227
For those unable to attend the live call or webcast, from the following day an audio recording of the call will be made available for download from the Investors section of the Top Image Systems website www.topimagesystems.com. Throughout the following three months, the recorded webcast can be viewed by clicking on the same link as for the live webcast: https://viavid.webcasts.com/starthere.jspei=1169585&tp_key=4781f65227
About Top Image Systems
Top Image Systems™ (TIS™) Ltd. is a global innovator of on-premise and cloud-based applications that optimize content-driven business processes such as procure to pay operations, remittance processing, integrated receivables, customer response management and more. Whether originating from mobile, electronic, paper or other sources, TIS solutions automatically capture, process and deliver content across enterprise applications, transforming information entering an organization into useful and accessible electronic data, delivering it directly and efficiently to the relevant business system or person for action with as little manual handling as possible. TIS’ solutions are marketed in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers and strategic partners. Visit the company's website at https://www.topimagesystems.com/ for more information.
Top Image Systems Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results expressed or implied in those forward looking statements. Words such as "will," "expects," "anticipates," "estimates," and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development, approval and introduction plans and schedules, rapid technological change, customer acceptance of new products, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Israel, government regulation, litigation, general economic conditions and other risk factors detailed in the Company's most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
TIS Company Contact:
Camille Womack, Director of Corporate Marketing and Investor Relations
Camille.womack@topimagesystems.com (214) 256-4600
TIS Investors Contact:
James Carbonara, Regional Vice President, Hayden IR
james@haydenir.com + 1 646 755 7412
Accellion Extends kiteworks Secure File Sharing Platform with Additional Cloud Storage Integration and Automation Tools
PALO ALTO, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Accellion, Inc., the leading provider in enabling organizations to securely share sensitive information with the outside world while maintaining the controls and visibility needed to demonstrate compliance, today announced several key enhancements to its kiteworks platform that further enable organizations to share content securely in compliance with industry regulations and internal policies.
These new features complement an already robust platform of capabilities that allow end users to seamlessly access and share content stored in a wide range of on-premise and cloud-based content repositories and critical business systems efficiently, securely, and in compliance. Key features introduced today include:
- Automation Suite
An automation agent allows organizations to integrate kiteworks into existing business processes and build workflows around file transfer without writing code. Enterprises can now automate workflows that would otherwise be time consuming, “high touch” processes. For example, a remote healthcare clinic can send patient test results to an external specialist for review, secure the transfer, notify on-call doctors, and move the files to a folder accessible by only authorized users – all automatically with no customized code. In addition, a complete audit trail is generated to meet HIPAA compliance. The new automation agent augments the APIs and SFTP interfaces available in prior kiteworks versions. - Shadow IT Controls for Governance Over Cloud Storage
IT departments can now control employee access to public cloud storage providers so that users are able to utilize these services in accordance with internal policies. Solutions supported include: Dropbox, OneDrive for Business, SharePoint Online, Google Drive, and Box. By channeling connections to these services through kiteworks, organizations can apply role-based policies, generate a full audit trail to demonstrate compliance, leverage their existing DLP solutions to prevent sensitive content from being uploaded to unauthorized solutions, and scan incoming files from customers or partners with advanced threat prevention (ATP) technologies as they are downloaded. - Move Seamlessly Between Collaboration Modes – from Email to File Transfer to Folder Sharing
Users can now share and collaborate with external partners using a unified solution that covers a variety of file sharing models. After sending a file securely to external partners through email, recipients can now reply securely within the context of the email chain, and if the interaction would benefit from collaborative editing, the users can seamlessly move to a shared folder. Regardless of how files are shared, all actions are captured in auditable logs. - Access Files Directly from Microsoft Office Applications
Users now have the ability to open, edit and save files through kiteworks directly from within the desktop and mobile versions of Microsoft Word, Excel, and PowerPoint – leveraging connected content stores across the enterprise for access and storage. A new Office plugin allows secure file sharing without leaving the authoring application, adding to the earlier integration with Microsoft Outlook for sending attachments securely.
“These new capabilities in kiteworks 3 reinforce the strategic value we provide our customers in their earnest efforts to safely and efficiently share sensitive content with their external partners,” commented Yaron Galant, Chief Product Officer at Accellion. “For example, the automation suite enables organizations to integrate secure file sharing into their existing business processes by minimizing repetition and making users more productive. Also, with kiteworks’ consistent access to cloud sources, organizations have total control of where sensitive content is stored, who has access to it, and what’s being done with it. This serves to ensure private data and intellectual property are protected and demonstrating compliance with industry regulations and internal policies is simplified.”
The kiteworks 3 update is available now for existing customers or new deployments.
To learn more about Accellion, please visit: www.accellion.com.
Accellion, Inc. enables enterprise organizations to securely connect all their content to the people and systems that are part of their critical business processes, regardless of the applications that create that content or where it is stored, while maintaining the controls and visibility needed to demonstrate compliance. Accellion’s solutions have been used by more than 25 million users and over 3,000 of the world’s leading corporations and government agencies including NYC Health + Hospitals; KPMG; Kaiser Permanente; Latham & Watkins; National Park Service; Umpqua Bank; Cargill; and the National Institute for Standards and Technology (NIST). For more information please visit www.accellion.com or call (650) 485-4300. Follow Accellion’s Blog, Twitter and LinkedIn.
Media contact
Rachel Kaseroff
RJK Communications
(415) 341-5625
rachel@RJKCommunications.net
Accellion and kiteworks are registered trademarks of Accellion, Inc. in the US and other countries. All other trademarks contained herein are the property of their respective owners.
PointPredictive and Nation’s Largest Auto Lenders Continue Collaboration to Fight Fraud and Protect Consumers
SAN DIEGO, Nov. 01, 2017 (GLOBE NEWSWIRE) -- PointPredictive, a leading provider of machine learning and fraud solutions, announced that it held its second Auto Lending Fraud Roundtable last week in Dallas with lenders representing 48 percent of total automotive originations in the U.S. They met to further collaborate on progressing lenders’ fight against fraud as well as protecting consumers that can be targeted by fraudsters and potentially unscrupulous dealer employees.
“Auto lenders continue to show significant interest in reducing fraud and increasing customer protection through industry collaboration, data sharing and our consortium-based predictive technology; they are thinking of the bigger picture when it comes to fraud,” says Tim Grace, CEO of PointPredictive. “We have invested heavily in organizing the fraud data consortium, collaborative lender roundtables, and machine-learning predictive fraud detection models. Through lender testing and validation, we demonstrated that these solutions can identify multiple sources of hidden fraud and can help lenders reduce fraud and fraud-related early payment default losses by at least 40 percent.”
To advance the fight against fraud, PointPredictive demonstrated and announced the availability of Auto Fraud Manager 2.0, a consumer application scoring tool that increases fraud detection by leveraging improved predictive algorithms that evaluate the entire loan application and recent applications from individual dealers to detect all types of fraud including identity, employment, income, collateral and dealer risk. Recent lender retrospective results using the latest Auto Fraud Manager show false positive rates of 6:1 or better for high-risk applications.
PointPredictive also released DealerTrace 2.0, an automotive dealer scoring tool that identifies dealer misrepresentation risk across the industry. DealerTrace now includes cross-industry application history and risk assessments on multiple misrepresentation dimensions for more than 50,000 automotive dealers. In other tests recently completed with large lenders, Auto Fraud Manger and DealerTrace were able to identify nearly 50 percent of fraud and fraud-related early payment default (EPD) losses in the riskiest 10 percent of applications.
Auto Fraud Manager 2.0 and DealerTrace 2.0 include significant infrastructure enhancements that were demonstrated at the roundtable meeting. They now process more than 5,000 scoring transactions per second, thereby enabling lenders to receive a complete risk analysis and assessment of each application and dealer in a fraction of a second. PointPredictive also demonstrated new web-based interfaces that provide dashboard reporting, “drag and drop” functionality for file-based scoring, and interactive real-time filtering and display of risky applications and dealer activity. Leveraging an industry-wide consortium that provides solutions for all types of fraud schemes and looking at the entire consumer application and dealer application history allows lenders to better protect themselves and their consumers.
“We are providing lenders with intuitive solutions to help them better visualize and understand hidden fraud risks,” said Kathleen Waid, Head of Go To Market at PointPredictive. “Most of the traditional third-party tools lenders use today to prevent fraud are focused on identity theft; this is only 15 percent of their total fraud problem. Our clients are seeing unprecedented results in tests that, in many cases, span two years of historical applications. With the release of Auto Fraud Manager 2.0 and DealerTrace 2.0, lenders can begin using our solution immediately.”
For further information on Auto Fraud Manager, DealerTrace or to join the growing ranks of lenders in the Auto Fraud Consortium, contact Kathleen Waid at kwaid@pointpredictive.com.
About PointPredictive, Inc.
PointPredictive, Inc. is a leading provider of fraud solutions to banks, lenders and finance companies. It solves the billion-dollar fraud problems of auto lending, mortgage lending and on-line retail fraud with the latest technology platforms, smarter science and business experience by leveraging big data with analytic models. Located in San Diego, Calif., more information about PointPredictive can be found at www.pointpredictive.com.
Media Contacts
Gina Ray
Ray Public Relations
gina@raypr.com
949.370.0941
People.ai completes SOC 2 Type 1 examination; Independent audit verifies internal controls and processes
SAN FRANCISCO, Oct. 31, 2017 (GLOBE NEWSWIRE) -- People.ai, an artificial intelligence platform for aligning sales and marketing teams for the enterprise, has successfully concluded a meticulous third-party examination of its policies and procedures under the Service Organization Controls (SOC) 2 Type 1 standards, demonstrating its commitment to data security.
The rigorous examination that led to the achievement was administered by the professional IT assurance and compliance staff at 360 Advanced, a respected national GDPR Assessor, Qualified Security Assessor, HITRUST CSF Assessor and CPA firm based in St. Petersburg, FL. 360 Advanced serves large clients in 30 U.S. states, Europe, South and Central America and the Pacific Rim.
The SOC 2 Type 1, developed by the American Institute of Certified Public Accountants (AICPA), is the most widely recognized authoritative guidance that provides service organizations a uniform method for disclosing independently assessed information about the design and operation of internal controls. Companies completing an annual SOC 2 Type 1 examination can demonstrate a substantially higher level of assurance and operational visibility than those companies who do not.
“People.ai places an extremely high value on security and privacy, and successfully completing the SOC 2 Type 1 assessment sends a positive signal to our clients and our potential clients,” said Zach Cusimano, Head of Growth & Operations. “One of the first questions we get on an InfoSec call is 'Are you SOC assessed’ The requirement is front and center for the deals we are doing, and having it accelerates the process.”
ABOUT People.ai
People.ai is reimagining the way enterprise marketing and sales teams get aligned through complete transparency into sales activity. With People.ai, sales reps never again have to manually log activity into their CRM, freeing them to spend more time selling and giving companies access to critical data. For more information, please visit https://people.ai/.
ABOUT 360 ADVANCED
An Authorized HITRUST CSF Assessor, 360 Advanced assists large service providers in more than 30 U.S. states, Europe, South and Central America and the Pacific Rim as their independent IT assurance and compliance assessor. Services provided by 360 Advanced include HITRUST CSF, SOC 1, SOC 2, SOC 3, PCI DSS, HIPAA Security/HITECH, Microsoft Vendor Policy and other security and compliance services.
For a consultation, please contact Eric Ratcliffe at eratcliffe@360advanced.com
Press release services by Clearview Communications + PR Inc.
Canadian Cloud Backup Partnership with Acronis and Ingram Micro Provides Canadian MSPs and Resellers with Cloud Storage Hosted in Canada
BURLINGTON, Mass., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Canadian Cloud Backup, a service provider specializing in white-label cloud backup solutions, announced a 25 percent revenue growth as a result of its partnership with Acronis. A global leader in hybrid cloud data protection for business and consumers, Acronis has been a backup partner for Canadian Cloud Backup through technology and cloud solutions distributor Ingram Micro Canada since 2016.
Canadian Cloud Backup provides solutions that enable customers to offer private cloud backup services to their clients without giving up their brand. With its presence in multiple data centres across the country, the company provides unlimited Canadian-based data storage capabilities in full compliance with industry best practices and national data privacy regulations, including the recently amended Personal Information Protection and Electronic Documents Act (PIPEDA). In addition to the benefit of having a Canadian cloud service provider with data residency in Canada, the Acronis solution is one of the marquee services available in Ingram Micro’s Cloud Marketplace, the fully automated portal for channel partners to purchase, provision, and manage their cloud services.
“Due to strict data privacy laws, it was vital that our backup provider could support cloud storage in Canada while still protecting a wide-range of computer environments,” said Chris Medeiros, CEO of Canadian Cloud Backup. “With Acronis, we are able to better service our customers and reach a broader spectrum of clients, while keeping the data in Canada. Our data protection business is growing exponentially and Acronis saves us time and effort because it is easy for our technicians to manage and easy for our clients to use.”
Powered by Acronis Backup Cloud through the Ingram Micro Cloud Marketplace, Canadian Cloud Backup delivers a highly customized, reliable service that backs up data from any source and recovers it to any destination or system, ensuring that their customers’ data is protected on any device. Customers have the ability to store data both locally and in Canadian-based data centres, ensuring that their data never crosses country borders. The solution encrypts data both in-transit and at-rest and will easily scale as their business grows. Acronis Backup Cloud’s multi-tenant architecture also ensures that customer data is completely segregated while still allowing Canadian Cloud Backup to manage their services using a single web-based console.
With Acronis Backup Cloud and Ingram Micro Canada, Canadian Cloud Backup now offers a robust white label backup solution and is expanding its client base. Brandishing the Canadian Cloud Backup logos, colors, and URLs along with the “Powered by Acronis” logo, Canadian Cloud Backup customers now enjoy peace of mind knowing their service is delivered by a trusted local service provider.
According to the Hosting and Cloud Study 2017 conducted by 451 Research and released by Microsoft, backup and recovery services hold the top position among the managed services used by organizations last year. Acronis Backup Cloud is the world’s only data protection solution specifically developed for service providers, hosters and cloud resellers, providing multi-tenant and multi-tier management capabilities and full protection of all customers' data, including computers, mobile devices, Microsoft Office 365 accounts, websites, and applications — physical and virtual, local and cloud.
“We’re proud of our relationship with Canadian Cloud Backup, as the company is proof that our award-winning data protection products provide the features required by service providers while growing the bottom line,” said Pat Hurley, VP of sales, Americas. “We are looking forward to continued mutual success.”
About Acronis
Acronis sets the standard for hybrid cloud IT data protection through its backup, ransomware Active Protection, disaster recovery, and secure file sync and share solutions. Powered by the Acronis AnyData Engine and set apart by its image technology, Acronis delivers easy, fast, complete and affordable data protection of all files, applications and operating systems across any environment—virtual, physical, cloud, mobile and applications. Founded in 2003, Acronis protects the data of over 5 million consumers and 500,000 businesses in over 150 countries and 20 languages. With more than 100 patents, Acronis products are consistently named best product of the year and cover a range of features, including migration, cloning, and replication. Today, Acronis solutions are available worldwide through a global network of service providers, distributors, and cloud resellers.
For more information, contact
Chris Medeiros
sales@can-cb.com
(613) 877-4423
www.canadiancloudbackup.com
CDW to Participate in the 2017 RBC Capital Markets Technology, Internet, Media and Telecommunications Conference
LINCOLNSHIRE, Ill., Oct. 31, 2017 (GLOBE NEWSWIRE) -- CDW Corporation (NASDAQ:CDW), a leading provider of technology solutions to business, government, education and healthcare, announced today that Ann E. Ziegler, senior vice president and chief financial officer is scheduled to participate in a question and answer session at the RBC Technology Internet, Media and Telecommunications Conference in New York on November 8, 2017 at 8:50 am ET/ 7:50 am CT.
A live audiocast of the session will be available to the public at http://investor.cdw.com and a replay of the audiocast will be available on the same website approximately one hour later.
For questions, please email investorrelations@cdw.com.
About CDW
CDW is a leading multi-brand technology solutions provider to business, government, education and healthcare organizations in the United States, Canada and the United Kingdom. A Fortune 500 company with multi-national capabilities, CDW was founded in 1984 and employs nearly 8,800 coworkers. For the trailing twelve months ended June 30, 2017, the company generated net sales of nearly $15 billion. For more information about CDW, please visit www.CDW.com.
Investor Inquiries
Sari Macrie, CFA
Vice President, Investor Relations
(847) 968-0238
Media Inquiries
Sara Granack
Vice President, Corporate Communications
(847) 419-7411
CDWPR-FI
IQE plc : Total voting rights
IQE plc
("IQE" or the "Company")
Total Voting Rights
31 October 2017
As at 31 October 2017, the Company's issed share capital consisted of 686,814,813 ordinary shares of 1 pence each ("Ordinary Shares"). All of these Ordinary Shares carry voting rights of one vote per Ordinary Share. The Company holds no Ordinary Shares in treasury.
The total number of voting rights in the Company is therefore 686,814,813. The above figures may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Contacts:
IQE plc (+44 29 2083 9400)
Chris Meadows
Phil Rasmussen
Canaccord Genuity (+ 44 20 7523 8000)
Simon Bridges
Henry Fitzgerald-O'Connor
Richard Andrews
Fortinet CEO Ken Xie & CISO Phil Quade to Present at The Summit AT&T Business Event on New Approach Needed for Enterprises to Win the Cybersecurity Battle
SUNNYVALE, Calif., Oct. 31, 2017 (GLOBE NEWSWIRE) --
Ken Xie, founder, chairman and chief executive officer at Fortinet
“Network complexity, the lack of visibility and sheer volume of threat data, coupled with a shortage of skilled cyber professionals are all impeding the ability for today’s enterpises to detect and respond to an increasingly hostile and sophisticated threat landscape. Addressing these challenges for our joint customers, managed security service providers play an increasingly critical role in Fortinet’s mission to protect the next evolution of enterprise infrastructures with our seamless, automated and tightly integrated Security Fabric.”
Overview of Fortinet at AT&T’s The Summit – Booth #207
Fortinet® (NASDAQ:FTNT), the global leader in high-performance cybersecurity solutions, today released details about its participation at The Summit, AT&T Business’ inaugural customer event. Fortinet is a Premier Sponsor of The Summit, taking place in Dallas, Texas on October 30 – November 2, 2017. For additional details, please read the Fortinet blog.
Executive Panel on the Evolution of Network Security
Title: Winning the Security Battle for Your Enterprise Requires a New Approach
Panel Overview: Traditional network security is insufficient to the task of protecting and defending the virtualized and borderless enterprise of today and tomorrow. The next evolution of infrastructure security requires a new, more broad, powerful and automated approach.
Date & Time: Wednesday, November 1 at 2:00 – 2:45 p.m.
Room: Grapevine B-4-5-6
Speakers: Ken Xie, CEO, Fortinet; Phil Quade, CISO, Fortinet; Matt Paull, Sr. Director Technology Development, Best Western Hotels & Resorts; Michael Daniel, President, Cyber Threat Alliance (Moderator);
Experience Fortinet Security Fabric Solutions in the Innovation Showcase
Fortinet will be demonstrating its latest technology advances, including the award-winning Fortinet Security Fabric, at booth #207, in the Innovation Showcase.
Additional Fortinet speaking sessions will take place in the Innovation Showcase:
Innovation Showcase Lab Session
Title: Balancing Flexible Network Access with Enterprise-Class Security
Date & Time: Tuesday, October 31 at 12:30 p.m.
Room: Lab Two
Presenter: Troy Roberts, VP Secure Wireless and Access Technologies, Fortinet
Innovation Showcase Theater Presentation
Title: The Impending Global Security Force - Our journey from individual armies to a united front has begun.
Date & Time: Wednesday, November 1 at 10:30 a.m.
Room: Theater One
Presenter: Rick Mashburn, Director Systems Engineering, Fortinet
About Fortinet
Fortinet (NASDAQ:FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers its customers with intelligent, seamless protection across the expanding attack surface and the power to take on ever-increasing performance requirements of the borderless network - today and into the future. Only the Fortinet Security Fabric architecture can deliver security without compromise to address the most critical security challenges, whether in networked, application, cloud or mobile environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 320,000 customers trust Fortinet to protect their businesses. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.
FTNT-O
Copyright © 2017 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCloud, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiSIEM, FortiAP, FortiDB, FortiVoice, FortiWeb and FortiCASB.
Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, binding specification or other binding commitment by Fortinet, and performance and other specification information herein may be unique to certain environments. This news release contains forward-looking statements that involve uncertainties and assumptions, such as statements regarding program, technology and functionality releases and release times. Changes of circumstances, product release delays or product priority or roadmap changes, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.
Media Contact: | Investor Contact: | Analyst Contact: | |||||
Dan Mellinger | Kelly Blough | Ron Davis | |||||
Fortinet, Inc. | Fortinet, Inc. | Fortinet, Inc. | |||||
415-572-0216 | 408-235-7700 x 81612 | 415-806-9892 | |||||
dmellinger@fortinet.com | kblough@fortinet.com | rdavis@fortinet.com |
Source-to-Pay Pioneer Determine, Inc. Delivers Game Changing Procurement Thought Leadership at the CPO Rising 2017 Summit
CARMEL, Ind., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Determine, Inc. (NASDAQ:DTRM), the pioneering leader in global Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) Cloud Platform solutions, will be sponsoring CPO Rising 2017: Tools of the Trade presented by Ardent Partners in Boston, November 8 & 9, 2017.
The second annual CPO Rising Summit, held at the Harvard Club (Back Bay) in Boston, brings together a select group of Chief Procurement Officers and other procurement leaders from around the world for an executive symposium and networking.
The summit is renowned for it’s unparalleled exchange of innovative ideas and strategies to improve organizational performance and increase business impact. Determine’s Chief Product Officer Julien Nadaud will deliver customer business use and case studies highlighting the optimization of the Determine Cloud Platform in industry verticals.
As a Silver Sponsor, Determine’s team will be on hand to provide expertise on “Empowering Decisions” to deliver significant business results by leveraging the industry-defining Determine Cloud Platform. In addition, three Determine customers will be featured as panel speakers: Walter Charles, CPO of Biogen; Jeff Ball, Corporate VP - Head of Procurement (CPO) of Digital First Media; and Greg Tennyson, CPO of VSP Global.
“We are excited that three valued Determine customers will be featured speakers and panelists during the Summit. They represent the level of procurement transformation that comes from improving process efficiencies and effectiveness to reach ‘Process Under Management.’ That’s an example of how our customers are achieving Platformance on the Determine Cloud Platform.”
— Julien Nadaud, Chief Product Officer, Determine, Inc.
The Determine Cloud Platform of modular solutions has been recognized by leading industry analysts, including Gartner, Spend Matters, PayStream, Forrester and others. Determine continues to set the standard in what constitutes a true, end-to-end source-to-pay and enterprise contract lifecycle management cloud platform. It provides modular, best-of-breed solutions on a single platform, seamlessly integrating solutions, workflows and data to empower decisions and results.
CPO Rising 2017: Tools of the Trade Summit attendees are invited to drop by the Determine table to meet with the Determine team.
For more information or to register, visit events.cporising.com.
About Ardent Partners
Ardent Partners is a research and advisory firm focused on defining and advancing the supply management strategies, processes, and technologies that drive business value and accelerate organizational transformation within the enterprise.
Ardent Partners actively covers the supply management solutions marketplace and produces research to help business decision-makers understand the technology landscape and identify the best-fit solution(s) for their specific needs. We believe our team’s first-hand experience evaluating, developing, packaging, deploying, and using supply management solutions on behalf of enterprises in the Global 2000 and public sector makes us eminently qualified to advise our clients to make smart decisions in this area.
We aspire to be the preeminent source of supply management expertise and thought leadership for solution providers and practitioners alike.
For more information visit www.ArdentPartners.com
Supporting Resources
Determine blog
Determine on LinkedIn
Determine on Twitter
Determine Resources
About Determine, Inc.
Determine, Inc. (NASDAQ:DTRM) is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance. Our technologies empower customers to drive new revenue, identify savings, improve compliance and mitigate risk.
The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP, Oracle, Sage, QAD and Microsoft. Modular solutions can be configured to add more as needed to provide additional value beyond spend management. Our unified master database and business process approach empower users at every level to make more informed and smarter decisions.
For more information, please visit: www.determine.com.
Contact
Media Relations:
Mike Mitchell
Determine Inc.
+1.650.532.1590
pr@determine.com
LogMeIn Introduces GoToStage, a New On-Demand Video Platform to help Marketers Generate Awareness and New Leads
BOSTON, Oct. 31, 2017 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ:LOGM) today announced that it has launched GoToStage, an all-access, on-demand video platform designed to help marketers achieve their most critical outcomes -- to generate awareness and demand. GoToStage capitalizes on the unique leadership position of GoToWebinar’s tens of thousands of recorded assets and millions of annual webinar attendees. The new platform brings convenience and flexibility to host, promote and view webinars on-demand to ultimately drive more business.
Launching today in beta, GoToStage enables customers to leverage recorded assets to generate more qualified leads that turn into business. As video is becoming a core component of modern marketing, and organizations are seeking more advanced distribution, personalization, and interactivity, GoToStage allows companies to create a customizable branded repository for their content. With one-click uploads for GoToWebinar customers, marketers and content creators can upload webinars to their own branded and curated channel page for easy sharing and organic discoverability allowing them to reach new audiences while using existing webinar recordings. GoToStage viewers will be able to search these channel pages to find content by topic or brand.
“Instead of a one and done approach to live webinars, GoToStage gives our customers the option to promote valuable content on a platform that can reach millions of new prospects and continuously generate new leads without lifting a finger,” said Chris Battles, Chief Product Officer, LogMeIn. “Businesses that want to capitalize on video to better connect, engage, and convert customers and support the entire buyers’ journey need to harness their own video content channels without simply relying on video-sharing sites. We see GoToStage as a community for professionals who want to learn, explore, and reach their goals. With everything from major industry trends to unique topics, GoToStage users can find the engaging content they’ve been missing.”
In addition, GoToStage intends to add deep reporting and analytics to allow users to track views, videos watched, attention span, get lead contact information and more. Users will also be able to opt into automated subscription emails and recommendations for additional content they may find interesting.
“GoToStage is about to change the way we think about webinars as a way to drive new business,” said Amanda Morgan, Marketing Manager at GoAnimate. “Creating a webinar is no small task for our team. With the introduction of GoToStage we love that the time and effort that goes into putting that webinar together can continue to pay off long after the live event is over. With GoToStage, we’re excited to be able to expose our content to a whole new audience to bring in leads we wouldn't otherwise have.”
In addition to the launch of GoToStage, GoToWebinar has also released benchmarking data from over 350,000 webinars conducted in the past year. The data provides actionable insights into webinar trends and best practices. Some interesting findings include:
- 26 percent of registrants sign-up only to watch the recorded version after the event.
- Tuesdays attract the most webinar registrants by far, accounting for about one quarter of registrations.
- Webinars at 11am ET attract the most registrations, while webinars at 2pm ET come in at a close second.
- Attendees have longer attention spans than you might expect. The average attendee viewing time is 61 minutes. Surprisingly, attendees don’t drop off during longer webinars. Attendees will stay for about 70 percent of a webinar that lasts up to 90 minutes.
- When it comes to registrations, time of the day matters. There is a spike in registrations between 8-10am ET and a steep drop-off in the afternoon.
- 68 percent of registrations occur the week leading up to the live event - with 33 percent of registrations occurring the day of the webinar.
GoToWebinar is a recognized industry leader with over 55 thousand customers and well over 60 million attendees each year and growing. With this base, LogMeIn recognizes that webinars are a valuable avenue to distribute content. With GoToStage, users will have the flexibility to create and consume video content however and whenever they want. For more information on GoToStage please visit: https://www.gotostage.com/
Additional Information:
Benchmarking Data
GoToStage landing page
Blog Post
LogMeIn’s Communications and Collaboration portfolio
A recognized market leader in Communications and Collaboration, LogMeIn has a broad portfolio of products that create simpler, more intelligent ways for people to meet, market, sell and train, to deepen relationships and drive better outcomes. These include award winning products such as join.me, GoToMeeting, GoToWebinar, GoToTraining, Grasshopper, and OpenVoice. LogMeIn’s combined communication and collaboration products support over 20 million users, over 900 million conferencing minutes a month contributing to over 7 million meetings per month, and 12 billion voice minutes per year.
About LogMeIn, Inc.
LogMeIn, Inc. (NASDAQ:LOGM) simplifies how people connect with each other and the world around them to drive meaningful interactions, deepen relationships, and create better outcomes for individuals and businesses. One of the world’s top 10 public SaaS companies, and a market leader in communication & conferencing, identity & access, and customer engagement & support solutions, LogMeIn has millions of customers spanning virtually every country across the globe. LogMeIn is headquartered in Boston with additional locations in North America, Europe, Asia and Australia.
Media Contact:
Jennifer Mathews
jennifer.mathews@logmein.com
781-897-5682
Security Challenges Delay Enterprise Migrations to the Cloud, New AlgoSec Survey Shows
RIDGEFIELD PARK, N.J., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Most enterprises face major challenges when managing security across their hybrid enterprise networks both during and after cloud migrations, according to the new “Hybrid Cloud Environments: The State of Security” survey from AlgoSec, the only provider of business-driven security policy management solutions.
The international survey of 450 senior security and network professionals reveals the insecurities around enterprises’ hybrid cloud strategies. While nearly a third (32%) plan to increase their public cloud usage in the next 12 to 18 months, the majority harbor significant concerns about cyberattacks and breaches in their hybrid environments, and encounter problems with their visibility and security management processes.
Key findings from AlgoSec’s “Hybrid Cloud Environments: The State of Security” survey include:
- Security concerns front and center: respondents’ greatest concerns about their applications in the cloud are cyberattacks (58%) and unauthorized access (53%), followed by application outages and misconfigured cloud security controls. These concerns are hampering wider use of public clouds, with nearly 40% of respondents saying that security is inhibiting further adoption of cloud platforms.
- Cloud obscures security visibility, hampers security management: the biggest security management challenges enterprises face in hybrid environments are a lack of visibility (63%) and managing security policies consistently (61%). Demonstrating compliance and managing a mix of traditional and virtual firewalls and cloud security controls are also cited as major issues. These challenges highlight the need for solutions that can manage and automate security processes holistically across both cloud and on premise networks.
- Manual cloud migration mishaps: respondents report a range of problems when migrating applications to public clouds. 44% have difficulty managing security policies post migration, 32% have difficulty mapping application traffic flows before starting a migration project, and 30% reported that their applications did not work after the cloud migration - emphasizing the need for automation solutions that can manage this highly complex process end-to-end.
- Automation benefits in hybrid clouds: 26% of respondents said they use automation to manage security in their hybrid environments, while 20% use manual processes. Enterprises that use automation said the top reasons for doing so were speed and accuracy of security changes, ability to speed up migrations to the cloud, audit and compliance reporting, and overcoming staffing limitations – highlighting the security and operational benefits of automation.
“The survey clearly shows that most enterprises are driving their business transformation strategies by expanding their usage of public cloud infrastructure. But they also have significant security concerns about how they will secure and manage their increasingly hybrid environments,” said Joanne Godfrey, director of communications at AlgoSec. “As organizations increase their public cloud deployments and migrate applications, it’s essential that they have complete visibility across both on premise and cloud networks, together with the ability to automatically and holistically manage security policies. This enables them to better protect the business and fulfil compliance demands, while taking full advantage of the cost savings and agility offered by the hybrid cloud model.”
About the Survey
Conducted in Summer 2017, the survey polled 450 C-level executives, and senior security and network professionals in organizations worldwide, from a range of industry sectors. All the companies that participated in the survey were required to have at least some of their business workloads in the cloud.
Click here for the full report, “Hybrid Cloud Environments: The State of Security” and the infographic.
About AlgoSec
The leading provider of business-driven security management solutions, AlgoSec helps the world’s largest organizations align security with their business processes. With AlgoSec users can discover, map and migrate business application connectivity, proactively analyze risk from the business perspective, tie cyber-attacks to business processes and intelligently automate network security changes with zero touch – across their cloud, SDN and on premise networks. Over 1,500 enterprises, including 20 of the Fortune 50, utilize AlgoSec’s solutions to make their organizations more agile, more secure and more compliant – all the time. Since its inception, AlgoSec has offered the industry’s only money-back guarantee.
All product and company names herein may be trademarks of their registered owners.
Media Contacts:
Joanne Godfrey
AlgoSec
Joanne.godfrey@algosec.com
Craig Coward
Context Public Relations
Craig.coward@contextpr.co.uk
+44 (0)1625 511 966
Matt Scorer
Context Public Relations
Matthew.scorer@contextpr.co.uk
+44 (0)1625 511 966
NVIDIA Announces New AI Partners, Courses, Initiatives to Deliver Deep Learning Training Worldwide
SANTA CLARA, Calif., Oct. 31, 2017 (GLOBE NEWSWIRE) -- NVIDIA today announced a broad expansion of its Deep Learning Institute (DLI), which is training tens of thousands of students, developers and data scientists with critical skills needed to apply artificial intelligence.
The expansion includes:
- New partnerships with Booz Allen Hamilton and deeplearning.ai to train thousands of students, developers and government specialists in AI.
- New University Ambassador Program enables instructors worldwide to teach students critical job skills and practical applications of AI at no cost.
- New courses designed to teach domain-specific applications of deep learning for finance, natural language processing, robotics, video analytics and self-driving cars.
“The world faces an acute shortage of data scientists and developers who are proficient in deep learning, and we’re focused on addressing that need,” said Greg Estes, vice president of Developer Programs at NVIDIA. “As part of the company’s effort to democratize AI, the Deep Learning Institute is enabling more developers, researchers and data scientists to apply this powerful technology to solve difficult problems.”
DLI – which NVIDIA formed last year to provide hands-on and online training worldwide in AI – is already working with more than 20 partners, including Amazon Web Services, Coursera, Facebook, Hewlett Packard Enterprise, IBM, Microsoft and Udacity.
Today the company is announcing a collaboration with deeplearning.ai, a new venture formed by AI pioneer Andrew Ng with the mission of training AI experts across a wide range of industries. The companies are working on new machine translation training materials as part of Coursera’s Deep Learning Specialization, which will be available later this month.
“AI is the new electricity, and will change almost everything we do,” said Ng, who also helped found Coursera, and was research chief at Baidu. “Partnering with the NVIDIA Deep Learning Institute to develop materials for our course on sequence models allows us to make the latest advances in deep learning available to everyone.”
DLI is also teaming with Booz Allen Hamilton to train employees and government personnel, including members of the U.S. Air Force. DLI and Booz Allen Hamilton will provide hands-on training for data scientists to solve challenging problems in healthcare, cybersecurity and defense.
To help teach students practical AI techniques to improve their job skills and prepare them to take on difficult computing challenges, the new NVIDIA University Ambassador Program prepares college instructors to teach DLI courses to their students at no cost. NVIDIA is already working with professors at several universities, including Arizona State, Harvard, Hong Kong University of Science and Technology and UCLA.
DLI is also bringing free AI training to young people through organizations like AI4ALL, a nonprofit organization that works to increase diversity and inclusion. AI4ALL gives high school students early exposure to AI, mentors and career development.
“NVIDIA is helping to amplify and extend our work that enables young people to learn technical skills, get exposure to career opportunities in AI and use the technology in ways that positively impact their communities,” said Tess Posner, executive director at AI4ALL.
In addition, DLI is expanding the range of its training content with:
- New project-based curriculum to train Udacity's Self-Driving Car Engineer Nanodegree students in advanced deep learning techniques as well as upcoming new projects to help students create deep learning applications in the robotics field around the world.
- New AI hands-on training labs in natural language processing, intelligent video analytics and financial trading.
- A full-day self-driving car workshop, “Perception for Autonomous Vehicles,” available later this month. Students will learn how to integrate input from visual sensors and implement perception through training, optimization and deployment of a neural network.
To increase availability of AI training worldwide, DLI recently signed new training delivery partnerships with Skyline ATS in the U.S., Boston in the U.K. and Emmersive in India.
More information is available at the DLI website, where individuals can sign up for in-person or self-paced online training.
Keep Current on NVIDIA
Subscribe to the NVIDIA blog, follow us on Facebook, Google+, Twitter, LinkedIn and Instagram, and view NVIDIA videos on YouTube and images on Flickr.
About NVIDIA
NVIDIA’s (NASDAQ:NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI — the next era of computing — with the GPU acting as the brain of computers, robots and self-driving cars that can perceive and understand the world. More information at http://nvidianews.nvidia.com/.
For further information, contact:
Ken Brown
Corporate Communications
NVIDIA Corporation
(510) 290-2603
kebrown@nvidia.com
Certain statements in this press release including, but not limited to, statements as to: the expected numbers of students, developers and government specialists to be trained in AI; the expansion, benefits, impact and goals of DLI’s offerings and collaborations, including partnerships, the NVIDIA University Ambassador Program and training courses; the new training content to be made available through DLI; and the number DLI’s partners; and the release of new machine translation training materials are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission, or SEC, including its Form 10-Q for the fiscal period ended July 30, 2017. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
© 2017 NVIDIA Corporation. All rights reserved. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.
MKS Instruments Increases Quarterly Cash Dividend
ANDOVER, Mass., Oct. 31, 2017 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced that its board of directors has authorized a quarterly cash dividend of $0.18 per share, payable on December 8, 2017 to shareholders of record as of November 27, 2017.
This represents a 3% increase from last quarter’s dividend of $0.175 per share and a 20% cumulative increase in dividend since inception in 2011.
Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the company's Board of Directors.
About MKS Instruments
MKS Instruments, Inc. is a global provider of instruments, subsystems and process control solutions that measure, control, power, monitor, and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. Our products are derived from our core competencies in pressure measurement and control, flow measurement and control, gas and vapor delivery, gas composition analysis, residual gas analysis, leak detection, control technology, ozone generation and delivery, RF & DC power, reactive gas generation, vacuum technology, lasers, photonics, sub-micron positioning, vibration isolation, and optics. Our primary served markets include semiconductor capital equipment, general industrial, life sciences, and research. Additional information can be found at www.mksinst.com.
Forward-Looking Statements
This release contains projections or other forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act regarding MKS' future growth and the future financial performance of MKS. These projections or statements are only predictions. Actual events or results may differ materially from those in the projections or other forward-looking statements set forth herein. Readers are referred to MKS' filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning MKS and its operations. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Company Contact: Seth H. Bagshaw
Senior Vice President, Chief Financial Officer and Treasurer
Telephone: 978.645.5578
Email: seth_bagshaw@mksinst.com
Investor Relations Contact: The Blueshirt Group
Monica Gould
Telephone: 212.871.3927
Email: monica@blueshirtgroup.com
Lindsay Savarese
Telephone: 212-331-8417
Email: lindsay@blueshirtgroup.com
Medical Cannabis Technology Company Signs Deals in Canada and U.S.
TORONTO, Oct. 31, 2017 (GLOBE NEWSWIRE) -- In a deal expected to disrupt the Canadian market, Resolve Digital Health Inc. (“Resolve”), a Canadian developer of intelligent medical cannabis delivery devices, has concluded an exclusive agreement with Aphria Inc. (“Aphria”), one of Canada’s largest licensed producers of medical cannabis.
Under the agreement, Aphria will provide cannabis products to fill Resolve’s proprietary delivery pods and cartridges for sale to the Canadian medical cannabis market.
Rob Adelson, CEO of Resolve said: “This agreement allows Resolve to take a significant step towards launching the first of our Breeze Smart InhalersTM domestically. Both organizations have impressive growth trajectories, and combining Resolve’s innovative technology with Aphria’s high-quality medical cannabis will allow us to disrupt the Canadian market.”
Breeze Smart Inhalers use machine-learning algorithms to provide patients with the dosing and strain selection most appropriate to their medical condition. The device captures data on medical conditions, prescriptions, family history, lifestyle, and effectiveness per dose, and uses that data to monitor treatment efficacy and continuously improve the medical cannabis experience for patients.
Vic Neufeld, CEO of Aphria and Chairman of the Board for Liberty Health Sciences Inc. (“Liberty”), said: “Aphria is delighted to partner with Resolve in Canada. This agreement is consistent with both companies’ commitment to leading in the space, and to bringing safe and effective cannabis products as part of a holistic medical cannabis ecosystem for Canadian patients.”
In the US, medical cannabis sales are projected to grow from $4.7 billion in 2016 to $13.3 billion in 2020.1 In Canada alone, the patient population using medical cannabis for various indications is growing at a pace of more than 10,000 new patients per month, and reached 201,398 in June 2017,2 a 268 per cent increase from the 75,166 registered at the end of June 2016.2
Across a growing number of jurisdictions, medical cannabis is being prescribed to help relieve chemotherapy-induced nausea and vomiting, as well as pain associated with cancer, and the management of chronic pain, arthritis and joint disorders, multiple sclerosis (MS), fibromyalgia and migraines.
Partnership with Liberty Health Sciences Inc. in Florida
Resolve’s deal with Aphria adds to a major partnership, announced on October 11th, with Liberty, an investor and operator in the medical cannabis market. Another important step in enhancing the medical cannabis patient experience, Liberty gains exclusive distribution rights to Resolve products within the state of Florida (subject to Florida Department of Health and Office of Medical Marijuana Use approvals). Adelson added: “These partnerships clearly signify our ambition to become a leader in the medical cannabis space throughout North America, leaving us in a great position for sustained growth.”
About Resolve Digital Health
Resolve Digital Health is positioned to be the leading provider of a metered dosing ecosystem for medical cannabis devices. The company's proprietary technology, apps and cloud-based health information platform, found in Resolve's debut product Breeze, address the numerous issues with currently available methods of cannabis delivery – establishing a standard of care and rigorous medical approach for the medical cannabis industry. With over three years of research and development, the complete product ecosystem will be initially available in select dispensaries in early 2018. For more information, visit: www.mybreeze.co or www.resolvedigitalhealth.com.
About Aphria
Aphria Inc., one of Canada’s lowest cost producers, produces, supplies and sells medical cannabis. Located in Leamington, Ontario, the greenhouse capital of Canada. Aphria is truly powered by sunlight, allowing for the most natural growing conditions available. We are committed to providing pharma-grade medical cannabis, superior patient care while balancing patient economics and returns to shareholders. www.aphria.com
About Liberty Health Sciences Inc.
Liberty Health Sciences Inc. (“Liberty”) is an investor and operator in the medical cannabis market, capitalizing on new and existing opportunities in U.S. states where medical cannabis is legal. Liberty’s stringent investment criteria for expansion maximizes returns to shareholders, while focusing on significant near and mid-term opportunities. Liberty has an extensive background in highly regulated industries, with expertise in becoming a low-cost producer. Liberty leverages commercial greenhouse knowledge to deliver high-quality, clean and safe pharmaceutical grade cannabis to patients. www.libertyhealthsciences.com
For more information:
Resolve Digital Health | Aphria Inc. |
Jennifer Bender | Vic Neufeld |
Resolve Digital Health | President & CEO, Aphria Inc. |
1-888-329-6560 x. 224 | 1-844-427-4742 |
jennifer@resolvedigitalhealth.com | |
Michael Kohn | Nina Godard |
Weber Shandwick for Resolve | Edelman for Aphria Inc. |
416-642-7914 | 416-455-6324 |
mkohn@webershandwick.com | Nina.Godard@edelman.com |
Liberty Health Sciences Inc. – US | Liberty Health Sciences Inc. – CA |
Ober Delgado | Matt Salvatore |
Edelman for Liberty | Edelman for Liberty |
305-358-2830 | 613-315-7362 |
Ober.Delgado@edelman.com | Matt.Salvatore@edelman.com |
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: Certain information in this news release constitutes “forward-looking information” and “forward-looking statements” under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “projections”, “expect”, “believe”, “plan”, “intend”, “estimated” or the negative of these terms and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Resolve, Aphria, Liberty or the collaboration between Resolve, Aphria and Liberty to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained in this news release. Examples or such forward-looking information includes, but is not limited to, statements with respect to the anticipated benefits of the collaboration between Resolve, Aphria and Liberty, the receipt of third-party, regulatory and stock exchange approvals, the timeline for the availability of Resolve’s product lines, and the timeline for implementation. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving medical marijuana; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the medical marijuana industry in the United States generally, income tax and regulatory matters; the ability of either party to implement its business strategies; competition; crop failure; currency and interest rate fluctuations and other risks.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking information included in this news release are made as of the date of this news release and Resolve or Aphria or Liberty does not undertake an obligation to publicly update such forward-looking information to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.
References:
- Borchardt, Debra. Forbes Magazine. February 22, 2017. Marijuana Industry Projected To Create More Jobs Than Manufacturing By 2020. https://www.forbes.com/sites/debraborchardt/2017/02/22/marijuana-industry-projected-to-create-more-jobs-than-manufacturing-by-2020/#7686d4c53fa9. Accessed on October 20, 2017.
- Statistics Canada. Access to Cannabis for Medical Purposes Regulations. Market Data. https://www.canada.ca/en/health-canada/services/drugs-health-products/medical-use-marijuana/licensed-producers/market-data.html Accessed on October 20, 2017.
Xplore’s Android™ Rugged Tablets Driving Warehouse Management and Inventory Operations for One of World’s Top Dietary Supplement Companies
AUSTIN, Texas, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Xplore Technologies Corp. (NASDAQ:XPLR) today announced that a global dietary supplement manufacturer has started upgrading its forklift mobility solutions to the Xplore XSLATE D10 fully rugged Android™ tablet. The 10.1” Intel®-powered, forklift-mounted mobile computers now serve as the primary information source for a number of warehouse management workflows, including inventory picking. Additional XSLATE D10 orders are anticipated as the manufacturer continues to upgrade its mobile technology in other production and warehousing facilities.
“This health and wellness industry leader understands the value that tablet computers bring to their operations, but they have learned over the last several years that they really need the security and performance of a professional-grade mobility solution,” explained Mark Holleran, president and CEO of Xplore. “That is why they decided to transition away from their previous Windows Mobile tablets, and why iPads were not considered a viable option within their factories or warehouses.”
As this customer started evaluating its options, they quickly realized that the Xplore XSLATE D10 was the ideal solution. The latest generation of the forklift-mountable IP65 tablet runs Android 6.0.1, Marshmallow, which supports encryption at the operating system (OS) level – a strict requirement of their parent pharmaceutical company.
For more information about the award-winning XSLATE D10 fully rugged Android tablet, please visit www.xploretech.com/XSLATED10. To learn more about Xplore’s manufacturing solutions, visit www.xploretech.com/manufacturing. More information about Xplore’s warehouse mobility solutions can be found at www.xploretech.com/warehouse.
About Xplore Technologies
Xplore is The Rugged Tablet Authority™, exclusively manufacturing powerful, long-lasting, and customer-defined rugged tablet PCs since 1996. Today, Xplore offers the broadest portfolio of genuinely rugged tablets – and the most complete lineup of rugged tablet accessories – on Earth. Its mobility solutions are purpose-built for the energy, utilities, telecommunications, military and defense, manufacturing, distribution, public safety, healthcare, government, and field service sectors. The company’s award-winning military-grade computers are also among the most powerful and longest lasting in their class, built to withstand nearly any hazardous condition or environmental extreme for years without fail. Visit www.xploretech.com for more information on how Xplore and its global channel partners engineer complete mobility solutions to meet specialized workflow demands. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Forward-Looking Statements
This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect Xplore’s current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made including those factors detailed from time to time in filings made by Xplore with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Xplore does not intend and does not assume any obligation to update these forward-looking statements.
Xplore Contact Information:
Debbie Russo
Director, Marketing
outboundmarketing@xploretech.com
Tom Wilkinson, Chief Financial Officer
Phone: (512) 637-1162
Email: twilkinson@xploretech.com
Matt Kreps, Darrow Associates Investor Relations
Phone: (512) 696-6401
Email: xplr@darrowir.com
The Trade Desk Repeats as Top-Ranked Demand Side Platform Based on Net Promoter Score®
LOS ANGELES, Oct. 31, 2017 (GLOBE NEWSWIRE) -- The Trade Desk, Inc. (Nasdaq:TTD), a global technology platform for buyers of advertising, earned the top Net Promoter Score for Demand Side Platforms (DSP) in the latest Programmatic Intelligence Report from Advertiser Perceptions. More than 360 ad buyers at both brands and agencies were surveyed. Buyers were more likely to recommend The Trade Desk’s DSP than any other, including offerings from well-known consumer brand names. This was the second consecutive #1 NPS® ranking for The Trade Desk in this bi-annual survey.
NPS, an index that measures the willingness of customers to recommend a company’s products or services to others, is used as a proxy for gauging the customer’s overall satisfaction with a company’s product or service and the customer’s loyalty to the brand. The Programmatic Intelligence Report includes survey results from key marketing and advertising decision makers to understand their perceptions of programmatic advertising, measuring over 60 top media brands.
"Out of the more than 20 DSPs included in the survey, the Net Promoter Score showed a tight race among four leading ad tech brands, with The Trade Desk edging ahead of the DSPs from Google, Amazon, and MediaMath,” said Kevin Mannion, Chief Strategy Officer at Advertiser Perceptions. “The Trade Desk especially shines with agencies, who from our interviews, place a high value on the support for the agency model that The Trade Desk continually demonstrates."
Sarah Warner, Managing Partner and Digital Investment Lead, Programmatic and Video at GroupM noted, “The Trade Desk is among our preferred partners because of the consistent service and support they lend to our agencies as they deliver programmatic innovation and effectiveness to their clients.”
"Being an independent DSP solely focused on the buy-side helps us deliver the best results for our clients, and this ranking is further proof of that,” said Kathleen Comer, Vice President of Client Services at The Trade Desk. “Our consultative approach, coupled with our responsiveness to our clients, are keys to our better than 95 percent customer retention rate for the past 15 reported quarters.”
Click here to learn more about the Programmatic Intelligence Report from Advertiser Perceptions.
About The Trade Desk, Inc.®
The Trade Desk is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize more expressive data-driven digital advertising campaigns across ad formats, including display, video, audio, native, and social, on a multitude of devices, such as computers, mobile devices, and connected TV. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across the United States, Europe, and Asia. To learn more, visit thetradedesk.com or follow us on Facebook, Twitter, and LinkedIn.
Media Contacts:
Mason Burnham
The Trade Desk
mason.burnham@thetradedesk.com
646.868.6317
Austin Rotter
5W Public Relations
arotter@5wpr.com
646.862.6866
Broadway Technology Adds Three Major Banks as It Expands into Global Fixed Income
NEW YORK, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Broadway Technology, a provider of high-performance fintech and infrastructure solutions, has signed three tier-one banks, including Barclays, to mark its expansion into the global fixed income marketplace. With this move, Broadway is extending its advanced trading capabilities to enable global financial institutions to more efficiently address capital, operational and business model challenges caused by shifting market structure.
Broadway’s fixed income and foreign exchange clients now include 20 of the world’s largest banks and financial institutions. Its patented enterprise middleware, the TOC™, serves as the core underlying platform, allowing customers to build their own integrated applications that interoperate seamlessly with Broadway’s fintech solutions. With its unique approach, Broadway delivers comprehensive out-of-the-box fintech solutions while also giving their clients unprecedented ability to rapidly adapt and customize over time.
“Barclays chose Broadway as our technology partner because we wanted a complete solution that meets our high bar and that we can also customize with our own unique capabilities,” said John O’Callaghan, Global Head Rates eTrading at Barclays. “We are excited to be working with Broadway Technology to gain the level of flexibility and scalability its solutions will provide our fixed income operations.”
The heightened level of versatility and transparency that Broadway customers gain in their global trading operations allows them to quickly and effectively adapt to impending regulatory requirements, particularly the EU’s upcoming January 2018 MiFID II deadline.
“We are seeing demand from leading financial institutions to replace their existing vendors and legacy in-house systems with modern technology,” said Broadway Technology CEO and co-founder Tyler Moeller. “By expanding our coverage of global fixed income markets, Broadway is ensuring it’s the ideal long-term partner for major financial institutions to support their evolving worldwide operations, providing the industry’s most advanced technology from a team with deep capital markets expertise and an unbeatable record of success.”
Broadway’s global expansion is being funded from a $42 million minority capital investment it raised earlier this year with Long Ridge Equity Partners.
About Broadway Technology
Broadway Technology is a leading provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo.
To learn more about Broadway, please visit: www.broadwaytechnology.com
For media inquiries, contact:
P.J. Kinsella
Paragon Public Relations
pj@paragonpr.com
646.558.6226
Security Compass Extends DevOps Support by Adding Software Operational Security Coverage to its SD Elements Platform
TORONTO, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Security Compass, providing organizations with the knowledge, training and technology to make software secure, today announced that it has added support for software operational security to its SD Elements platform. The leading ASRTM platform used to automate and integrate security requirements management into the software development process now features operational security requirements in its robust knowledge library. The new content enables engineering teams to use SD Elements as a holistic solution for managing software security requirements in a DevOps environment – eliminating potential threats and known vulnerabilities before code is written, and maintaining a safe production environment.
As the practice of DevOps unifies development and operations to release and maintain software with greater efficiency, AppSec and OpSec unite in SD Elements to inject security earlier into the software development lifecycle (SDLC). Where AppSec protects applications from attack and privacy breaches, OpSec protects operations using monitoring, ongoing management, security analysis and risk assessment. Together, organizations can leverage the efficiencies of DevOps without sacrificing security.
Key features and functionality of the SD Elements OpSec extension include:
- SD Elements now secures the production environments of applications, also known as the "configure and deploy" stage of the DevOps cycle.
- SD Elements can be used to manage the security requirements of the deployment configuration settings alongside the requirements for the application itself to achieve DevSecOps.
- The SD Elements platform will immediately feature industry-standard benchmarks for securing application deployments on Amazon Web Services from the Center for Internet Security®.
- OpSec content is available for a limited time at no extra charge for Security Compass customers who licensed SD Elements before the end of 2017.
"Agile development teams embrace DevOps to bring products to market faster – often skipping important security measures," said Rohit Sethi, COO of Security Compass. "SD Elements makes it easy for DevOps teams to manage the security considerations of the entire technology stack – both the software itself, as well as the operational security requirements of the Web server, application server, database server, and operating system that hosts the application. These production-environment capabilities, combined with our existing AppSec and just-in-time application security training enables agile organizations to achieve a continuous and holistic software security program to better manage risk and protect sensitive data."
About Security Compass
Security Compass is a leader in helping businesses proactively make their software secure and reduce the risk of cyber security breaches. Offering advisory services, training, and SD Elements, the leading Application Security Requirements and Threat Modeling (ASRTM) platform, Security Compass enables development teams to rapidly and efficiently deliver software that’s secure by default. Security Compass serves some of the world's largest businesses including seven of the 15 largest financial institutions and four of the 10 largest technology companies in North America. The privately held company is headquartered in Toronto, Canada with global offices in the United States and India. Follow Security Compass on Twitter @securitycompass or visit https://www.securitycompass.com/
Media Contact:
April H. Burghardt
PR Consultant for Security Compass
april@gabdata.com
646-246-0484
WegoWise Awarded $58,000 in Workforce Training Grants from Massachusetts Executive Office of Labor and Workforce Development
BOSTON, Oct. 31, 2017 (GLOBE NEWSWIRE) -- WegoWise, the world’s largest building analytics and energy and water benchmarking company, today announced that it was awarded $58,303 in Workforce Training Fund Grants from the Commonwealth of Massachusetts, Executive Office of Labor and Workforce Development. WegoWise will match the funding, which will provide customized training to 32 WegoWise team members and create 10 additional jobs by 2019.
“One of our core objectives is to foster the growth of our team members,” said Laila Partridge, WegoWise president and CEO. “From day one, WegoWise has taken innovative approaches to leadership development. The Workforce Training Fund Grants will enable us to continue on that path by creating customized, cross-functional leadership training and education opportunities, tailored to the interests and career objectives of each employee.”
WegoWise is a Boston-based data analytics company focused on improving the operational and sustainability performance of multifamily and commercial real estate. The company’s software-as-a-service (SaaS) platform is used to benchmark utility and water usage in more than 58,000 buildings, comprising 2.4 million square feet of multifamily housing in the United States. Since it’s inception, the company has grown from 2 to 50 employees, and the company’s database is the largest collection of multifamily utility data in the world.
Earlier this month, the Baker-Polito Administration awarded a total of $11.9 million in grants provided by The Workforce Training Fund Program provided to 121 Massachusetts companies, including WegoWise, spurring workforce training of nearly 7,000 workers and creating over 1,000 projected new jobs in the Commonwealth. The grant program is administered by Commonwealth Corporation. Grants were awarded to projects focused on upgrading workers’ skills, increasing productivity, and enhancing the competitiveness of Massachusetts businesses.
“As a mission-driven company, WegoWise is committed to adding value to our customers, to our employees, and to the communities that we serve,” said Partridge. “We are grateful to the Commonwealth for this unique opportunity, which will help us further our mission, and continue to support environmental, social and economic sustainability.”
About WegoWise
WegoWise helps the multifamily real estate industry improve the operating performance and value of its properties. Its SaaS platform provides insight into a building’s energy and water efficiency, enabling real estate professionals to achieve immediate and sustained savings, while making smarter capital investment and financing decisions. WegoWise, with the largest database of utility usage data in the world, delivers a comprehensive building analytics and benchmarking solution that tracks over 1.4 million units across 58,000 buildings, based on data from nearly 700 utilities. For additional information, visit www.wegowise.com.
MEDIA CONTACT:
Crystal Woody
781-457-6112
crystal@carltonprmarketing.com
PathSoftware Now Integrated with ComplianceAnalyzer from ComplianceEase
DALLAS, Oct. 31, 2017 (GLOBE NEWSWIRE) -- PathSoftware™ today announced that Path®, its highly-configurable, multi-channel, cloud-based mortgage loan origination software (LOS), is now integrated with ComplianceAnalyzer® with TRID Monitor™ from ComplianceEase®, the nation’s leading provider of automated compliance solutions to the financial services industry.
The seamless integration lets Path users automatically audit loans for regulatory compliance violations using ComplianceAnalyzer with TRID Monitor—without ever leaving the LOS. ComplianceAnalyzer with TRID Monitor is the most comprehensive, real-time TRID auditing solution available in the market. It can check for any changes in terms and fees throughout the origination and closing processes; audit tolerance across all disclosures and changed circumstances; and track post-consummation disclosures, including those with a cure to the borrower. In addition, ComplianceAnalyzer with TRID Monitor performs audits for Federal high cost and higher-priced loan regulations, the Secure and Fair Enforcement for Mortgage Licensing Act, state high cost and anti-predatory regulations, and state license-based consumer lending laws and regulations. It can also perform audits for compliance guidelines from secondary market investors and government-sponsored enterprises.
Path was designed to simplify and streamline mid- to enterprise-level, multi-channel loan origination. All loan data, lock data, products, pricing, automated underwriting system findings, loan estimate and closing disclosure documents emanate and are reconciled within one system. In addition, the LOS’s configurable workflows, with role-based functionality, provide visibility into every loan at every stage—so financial institutions can ensure their business rules are followed.
“We developed ComplianceAnalyzer with TRID Monitor to deliver in seconds comprehensive loan-level compliance reports supported by detailed regulatory and cure analyses, exception tracking and reporting,” said Dan Smith, Senior Vice President of ComplianceEase. “Our integration with Path will allow us to help more lenders improve efficiency, as well as give them greater confidence in the loans they’re originating.”
“Having the ability to automatically audit loans at every step in the origination, closing and post-closing process is vital in today’s ever-changing regulatory environment,” said Doug Mitchell, Director of Sales and Support at PathSoftware. “We’re pleased to partner with ComplianceEase to help our financial institution clients improve loan quality, reduce compliance risk, and capture the data needed to prepare for regulatory exams.”
About ComplianceEase
Headquartered in the Silicon Valley, ComplianceEase, a division of LogicEase Solutions Inc., is a leading provider of risk management solutions to the financial services industry. ComplianceEase's patented platform includes ComplianceAnalyzer®, the mortgage industry's most adopted automated compliance solution with the most comprehensive TRID auditing. ComplianceEase combines regulatory expertise with innovative technology to power end-to-end risk management solutions that help financial institutions improve compliance controls and increase profitability. The company's growing client base includes financial institutions, service providers, law firms, GSEs, and three of the top five mortgage lenders in the U.S. ComplianceEase's automated compliance solutions have also been adopted as e-Exam tools by federal and state banking and mortgage regulators. For more information, visit ComplianceEase.com or call 1.866.212.Ease (3273).
About PathSoftware
PathSoftware is the provider of Path, the industry’s first data-driven, not form-driven, loan origination software. Conceived and engineered for mid-tier to large, enterprise-level financial institutions, Path is a highly-configurable, cloud-based system with flexible workflows for maximum visibility and productivity in a single, integrated, multi-channel platform. For more information, visit www.pathsoftware.com.
Media Contacts:
Campbell Lewis Communications
Jessica Ruiz-Krout
212.995.8058
jessica@campbelllewis.com
Mobi724 Global Solutions Inc. Signs MOU with First Global Data to Implement Alternative Payment Solutions in the Philippines and Countries in Latin America
MONTREAL, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Mobi724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (OTCQB:MOBIF)- a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing solutions, announces that it has entered into a Memorandum of Understanding with First Global Data Limited (“First Global”) (TSX-Venture:FGD) (Frankfurt Stock Exchange:1G5) for the deployment of First Global’s alternative payment service in the Philippines and targeted countries in Latin America.
First Global is a Fintech company with proprietary leading edge technology that enables the convergence of compliant domestic and cross border payments, shopping, Peer to Peer ("P2P"), Business to Consumer ("B2C"), and Business to Business ("B2B") payments.
The anticipated parameters of the going forward relationship for the deployment of the alternative payment service are as follows:
- Mobi724 will leverage its base of customers to cross sell and to offer remittance payout services through Point of Sales connected to Mobi724’s payment gateway and a mobile wallet.
- First Global will integrate its platform with Mobi724’s payment gateway to provide a unique compliant trans-border system with a mobile wallet platform in the target countries, thus adding new payment capabilities for Mobi724’s acquirers and their respective merchants.
- Mobi724 will provide cash access flexibility via the mobile wallet which will include cash load and bills payment domestically in the target countries.
- First Global will customize an on-boarding experience for Mobi724’s customers.
- Revenues are expected to be shared between Mobi724 and First Global on a 50/50 per transaction basis.
- Final deal terms and conditions will be outlined in the definitive agreement prior to the companies launching the service.
The companies are working together towards the conclusion of a definitive agreement and expect completion of the first phase before the end of Q4, 2017.
“As we continue to gain momentum in the Philippines and LATAM, we believe that the addition of these value-added alternative payment solutions to our pipeline will increase revenues and complete our offering. Partnering with global innovators, such as First Global Data, is part of our growth strategy and has served us well in the past.” says CEO of Mobi724 – Marcel Vienneau
“Mobi724 has significant penetration in the Philippines and Latin America including key strategic relationships with banks. The objective is for First Global and Mobi724 to provide alternative payment solutions for these target banks and to facilitate cross-border remittances and payments inbound and domestically within these countries. The Philippines and Latin America are existing and active corridors for First Global, and we view this relationship with Mobi724 as an accelerator to drive incremental transactional growth, while at the same time being a major contributor to our global strategy,” says Andre Itwaru, Chairman and CEO of First Global Data Limited.
ABOUT First Global Data Ltd. (www.firstglobaldata.com)
First Global is an international financial services technology ("FINTECH") company. First Global's two main lines of business are mobile payments and cross border payments. First Global's proprietary leading edge technology enables the convergence of compliant domestic and cross border payments, shopping, Peer to Peer ("P2P"), Business to Consumer ("B2C"), and Business to Business ("B2B") payments. First Global enables its strategic partners and clients around the world with our leading edge financial services technology platform.
Mobi724 Global Solutions Inc. (www.mobi724.com)
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any Mobile device. MOBI724's solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any Mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, Mobile operators and card issuers to create, manage, deliver and "track and measure" incentive campaigns worldwide to any Mobile device and allow its redemption at any point of sales.
Forward-Looking Statements
Certain statements in this document, including those which express management's expectations or estimations with regard to the Company's future performance, constitute "forward-looking statements" as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
Contacts:
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.MOBI724.com
EPS Global and Garland Technology Announce Distribution Agreement
NEW YORK AND DUBLIN, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Garland Technology, the leader in network access technology solutions, announced today a distribution agreement with EPS Global, a value-added technology distributor of Software Defined Data Center (SDDC) solutions for IT, Consumer and Retail, BFSI, Government and Defense, Media and Broadcast, Lifesciences, and Utilities industries, globally. Under this new agreement, EPS Global will act as a key distributor in Canada and the United States, making available Garland Technology’s passive fiber network Test Access Points (TAPs) and network packet brokers, enabling a complete end-to-end solution for bare metal SDDC deployments.
Garland Technology manufactures a complete line of network TAPs from passive, listen-only TAPs to active, in-line TAPs to feed security tools, and hybrid bypass TAPs with packet broker functionality, supporting filtering, aggregating and load balancing.
Commenting on the agreement, Chris Curley, vice president, Sales, for the Americas at EPS Global said, “EPS Global has become a leader among tech distributors for the SDDC market and our alignment with Garland Technology will prove valuable as we look to solve our customers’ challenges regarding uptime and network monitoring. We understand the necessity for complete network visibility and security in SDN deployments. Garland Technology’s SDN network TAPs for 10G, 40G and 100G environments provide 100% visibility in real-time, allowing organizations to improve their networks’ performance, security, and effectiveness.”
“Our partnership with EPS Global is critical to provide resellers a reliable visibility foundation for emerging high-speed networks of 10G, 25G, 40G and 100G,” explains Chris Bihary, chief executive officer and/co-founder, Garland Technology. “Our network TAPs ensure all the data feeds the solution, whether it be SDN, security, or network monitoring.”
Garland Technology’s passive fiber optical TAPs and network packet brokers provide a complete end-to-end visibility solution for bare metal SDN deployments and integrate with an open networking system.
About EPS Global
Founded in Ireland in 1999, EPS Global is a leading, privately owned, franchised distributor for specialized IT components used in high speed data and storage networks to accelerate, multiplex, store and manipulate the huge amounts of data generated by online and telecoms activity. EPS Global’s customer base includes Data Centers, Cloud Service Providers, Carriers and Telcos, BFSI, Media & Broadcast, Government, Defense and Utilities in addition to 1,000+ Resellers and System Integrators who work within the big data management market. EPS Global has 28 locations globally, holding stock in its 3 distribution hubs in North America, EMEA and Asia helping to minimize lead times. For more information visit www.epsglobal.com.
About Garland Technology
Since 2000, Garland Technology’s network Test Access Points (TAPs) have empowered global data centers and large enterprise networks to address complex IT challenges and provide 100% network visibility. In 2011, co-founders Chris Bihary, CEO and Jerry Dillard, CTO decided to combine their engineering and sales knowledge and form Garland Technology to provide best-in-class service and products to their customers. For more information visit www.GarlandTechnology.com or via Twitter @GarlandTech.
MEDIA CONTACTS:
Garland Technology
Mark Lennon
mark.lennon@garlandtechnology.com
+1-716-242-8498
EPS Global
Ciara McCarthy
CMcCarthy@epsglobal.com
+353-1-803-8918
Micron Accelerates Edge Storage for Video Surveillance, Announces New Collaborations to Increase Adoption
SHENZHEN, China, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq:MU) today announced a full portfolio of edge storage solutions for video surveillance that will enable new deployment models and reduce total cost of ownership for both commercial and enterprise use cases. The new industrial-grade microSD products will be available in 2018 and will leverage Micron’s 3D NAND technology, providing up to 256GB of ultra-high-density storage.
Micron’s new solutions give system designers unprecedented freedom in the design of large distributed video surveillance systems. This architectural approach enables large amounts of video to be stored at the network edge, with a unique level of reliability for 24x7 video recording.
In addition, Micron today announced collaborations with the Shenzhen Security and Protection Industry Association (SSPIA) and China channel partner, Jinyu Global, to speed deployment of the new Micron-based solutions regionally.
“The video surveillance industry is unique as its customers demand consistent recording performance over years of use,” said Jeff Bader, vice president of the Embedded Business Unit at Micron. “Edge storage improves the economics of this high-growth market and delivers value for camera OEMs, system integrators and end customers by improving video quality and increasing network reliability. Our collaborations with Jinyu and with the industry association in Shenzhen will help ensure that Micron is aligned with industry standards while expanding its storage offerings and presence in China and beyond.”
Edge video — defined by the ability to store data or video content within a camera versus in a centralized recording facility across the network — is the future of IP video surveillance applications. By leveraging Micron’s highly reliable local microSD card storage, system integrators can optimize designs that factor in IP network load and capacity availability, recording redundancy and mobile access. Additionally, IHS Markit, a global business information provider, forecasts that the global market for video surveillance equipment will be worth $19.7 billion in 2020*.
Edge Storage: Higher Densities of Highly-Reliable Storage
Most microSD cards are designed for consumer applications, such as digital cameras and car dash cams, and are not suitable for continuous, 24x7 recording over years in harsher environments. In contrast, the new Micron industrial microSD cards are designed specifically to meet the demands of surveillance edge storage use cases and feature:
- Storage densities of 32GB, 64GB, and forthcoming ultra-high-densities of 128GB and 256GB, which enable more video to be stored at the edge, giving system designers increased flexibility
- Over three years of high-quality, continuous, 24x7 video recording in a wide range of temperatures and environments
- Technology for the cards to self-monitor and provide information on card usage and expected useful life remaining for each card
- Special firmware designed for continuous video recording, which minimizes frame drops and video loss
The ultra-high-density products are possible because of leading-edge process technology — in this case, 64-tier 3D NAND technology produced at Micron’s Singapore fabs. This technical leadership is enabling Micron to introduce innovative storage solutions for new markets, such as industrial video surveillance.
Ecosystem Enablement for Partner Innovation
Accelerating industry momentum for the system solutions, Jinyu Global has seen early customer success. Additionally, Micron is entering into a strategic collaboration with SSPIA as a technology advisor and will work jointly with the association to provide cutting-edge solutions to China’s surveillance industry.
“We are excited to add Micron edge technology to our portfolio of surveillance storage solutions,” said Charles Zhang, vice president for Jinyu. “This technology will help educate system designers and solution providers to understand the value of integrating edge storage into future projects to increase reliability and lower TCO.”
“Micron truly understands surveillance use cases, and launching edge storage solutions on advanced flash memory technology will change the way video is captured and stored in future surveillance deployments,” said Michael Yang, vice president for SSPIA. “We view our strategic technical collaboration with Micron as a way to educate and promote edge storage, and to better meet China’s future needs in video surveillance.”
“Customers across Europe are increasingly asking for edge storage to meet the demanding requirements of 24x7 recording,” said Michaël Uyttersprot, Technical Marketing Manager, EMEA Embedded Vision at Avnet Silica. “They are also asking for higher densities that will enable longer timespans of video surveillance footage to be retained in cameras at the edge. We look forward to discussing how Micron’s 3D NAND addresses these needs at the upcoming SecTech show in Sweden.”
Availability:
The 32GB and 64GB versions of the Micron industrial microSD cards are available now. The 128GB and 256GB versions are scheduled to begin general sampling in early 2018 and volume shipments by the second quarter of 2018.
For more information:
- Learn more about Micron's industrial microSD cards at Micron.com/surveillance
- Repon, a leading manufacturer of ball-bearing slides used in data center racks and furniture, deploys Micron edge video storage systems at its facility in southern Taiwan with systems integrator Apogear.
- Micron will also discuss its video surveillance technologies at the upcoming SecTech Conference in Stockholm, Sweden, November 21-22 (booth 01:74).
About Micron
We are an industry leader in innovative memory and storage solutions. Through our global brands — Micron®, Crucial® and Ballistix® — our broad portfolio of high-performance memory and storage technologies, including DRAM, NAND, NOR Flash and 3D XPoint™ memory, is transforming how the world uses information to enrich life. Backed by more than 35 years of technology leadership, our memory and storage solutions enable disruptive trends, including artificial intelligence, machine learning, and autonomous vehicles, in key market segments like cloud, data center, networking and mobile. Our common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com.
*Information based on IHS Markit, Technology Group, Video Surveillance Intelligence Database, August 2017. Information is not an endorsement of Micron. Any reliance on these results is at the third party’s own risk. Visit technology.ihs.com for more details.
Public Relations Contact:
Marc Musgrove
+1 (208) 363-2405, mmusgrove@micron.com
Investor Relations Contact:
Shanye Hudson
+1 (208) 492-1205, shudson@micron.com
Norrsken First to Deploy Infinera XTM II and 400G Flexponder, Delivering New 100G Services Across Sweden
SUNNYVALE, Calif., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Infinera, the leading provider of Intelligent Transport Networks, announced that Norrsken, a Sweden-based regional operator, is the first to deploy the Infinera XTM II and the recently released 400G Flexponder, delivering new 100 gigabits per second (Gb/s) services to leading internet service providers and carriers. Infinera’s XTM II and 400G Flexponder enable Norrsken to deliver high-capacity, low-latency 200 Gb/s transport across Sweden with industry-leading low power consumption and a small footprint.
Norrsken operates a regional network in Sweden providing Layer 1 wavelength division multiplexing (WDM) services and Layer 2 Ethernet services. Internet service providers, carriers and other customers rely on the Norrsken network to ensure high resiliency by using a main route along the coast of Sweden and a redundancy route inland along the western border of the country.
With the XTM II platform and 400G Flexponder, network operators like Norrsken can activate multiple 200 Gb/s wavelengths on a fiber, providing up to an eightfold density increase and a reduction in power per gigabit of 3.5 times over the previous generation of 100 Gb/s technology. The compact XTM II platform provides Norrsken with a highly flexible, open and software-programmable packet-optical solution for its services.
“We are excited to be the first carrier to deploy Infinera’s newly released XTM II platform and the new 400G Flexponder,” said Björn Jonsson, CEO at Norrsken. “This state-of-the-art network upgrade allows us to expand our end-user offerings to include 100 Gb/s services and scale to meet increasing traffic demands from our rapidly growing customer base. This upgrade delivers higher capacity, higher density, ultra-low latency and lower power consumption while keeping our existing chassis and protecting our network investments with this market-leading packet-optical platform.”
“The XTM II platform is the ideal solution for Norrsken’s network upgrade,” said Karl Thedéen, Senior Vice President, Metro Business Group, Infinera. “By delivering the 400G Flexponder as committed to the market and upgrading Norrsken’s network to the XTM II platform as planned, Infinera is helping Norrsken benefit from industry-leading innovation, meet mounting customer demands and win in its market.”
The Infinera XTM II provides the lowest power consumption in the industry for 200 Gb/s transport at less than 20 watts per 100 Gb/s, while retaining excellent density and low latency for high-performance applications. The Infinera 400G Flexponder is the first of a range of 16QAM (quadrature amplitude modulation) modules for the XTM II platform.
Infinera collaborated with local partner Fiberdata AB in Sweden on Norrsken's network upgrade.
About Infinera
Infinera (NASDAQ:INFN) provides Intelligent Transport Networks, enabling carriers, cloud operators, governments and enterprises to scale network bandwidth, accelerate service innovation and automate optical network operations. Infinera’s end-to-end packet-optical portfolio is designed for long-haul, subsea, data center interconnect and metro applications. Infinera’s unique large scale photonic integrated circuits enable innovative optical networking solutions for the most demanding networks. To learn more about Infinera visit www.infinera.com, follow us on Twitter @Infinera and read our latest blog posts at blog.infinera.com.
Infinera and logos that contain Infinera are trademarks or registered trademarks of Infinera Corporation in the United States and other countries. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements including, but not limited to the features and functionality of Infinera’s XTM II and 400G Flexponder, as well as the economic and operational benefits they may provide. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the quarter ended July 1, 2017 as filed with the SEC on August 8, 2017, as well subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s website at www.infinera.com and the SEC’s website at www.sec.gov. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.
CONTACT: Contacts: Media: Anna Vue Tel. +1 (916) 595-8157 avue@infinera.com Investors: Jeff Hustis Tel: + 1 (408) 213-7150 jhustis@infinera.com
RMG Launches New Mobile App KorbytGO at Microsoft Ragan Event
DALLAS, Oct. 31, 2017 (GLOBE NEWSWIRE) -- RMG Networks Holding Corporation (NASDAQ:RMGN), or RMG, a global leader in technology-driven visual communications, announced the launch of KorbytGO™, the premier mobile app that enables organizations to connect with all employees, managers and leadership with the device that is most readily used and preferred by employees — mobile.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9571edad-a7df-4794-b2ca-9e873d85bff7
An infographic accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/fd95b899-c80b-40bb-89a8-2db94d1f1d64
KorbytGO was recently unveiled at a major Internal Communications conference hosted by Microsoft in conjunction with Ragan Communications. Ragan Communications is the leading consulting organization and publisher of information about internal and employee communications in North America.
“Everyone is on mobile,” said Mark Ragan, Chief Executive Officer of Ragan Communications. “As we’ve seen in our research, mobile communications is a critical component to the future of internal communications, and I’m excited to see clients experience how impressive KorbytGO is. We look forward to the continued partnership with RMG through 2018 via conferences, virtual events and with exceptional thought leadership.”
After RMG’s participation at the recent Ragan event at Microsoft, RMG is scheduled to be the keynote speaker at Ragan’s next event (The Role of Communications in Creating Best Places to Work) being held in conjunction with Genentech in San Francisco.
The launch of KorbytGO is anticipated to open significant new opportunities for RMG, as the addressable market includes global companies with 1,000 or more employees. Correspondingly, KorbytGO has the potential to impact tens of millions of employees. According to a recent survey conducted by RMG and Ragan, 83 percent of internal communicators noted they were not currently using mobile, yet 66 percent thought they should focus more on mobile. Ragan’s research indicates a trend in mobile communications as a major player for the future of internal communications.
KorbytGO is the mobile and desktop extension of Korbyt™, RMG’s powerful, next-generation visual enterprise communications platform, that the company launched in October. KorbytGO leverages Korbyt’s seamless content creation and management platform and enables organizations to leverage truly multi-channel communications to desktop, mobile and digital signage. Further, the mobile app is backed by Korbyt’s rich data and analytics capabilities that enables organizations to effectively track employee engagement, and a robust API set that helps enable data integration with virtually any enterprise-level data sources.
“With the launch of KorbytGO, RMG plans to gain momentum in this exciting and significant addressable market, mobile internal communications,” said Robert Michelson, President and Chief Executive Officer of RMG. “KorbytGO empowers impactful multi-channel communications and is designed to truly be a daily touchpoint for all employees. KorbytGO is not just another app — the solution provides an experience that integrates with employees’ day-to-day life and is crafted to become an integral part of daily workflow.”
For more information, please visit www.korbytgo.com.
© 2017 RMG Networks Holding Corporation. RMG, RMG Networks and its logo are trademarks and/or service marks of RMG Networks Holding Corporation.
About RMG
RMG goes beyond traditional communications to help businesses increase productivity, efficiency and engagement through digital messaging. By combining best-in-class software, hardware, business applications and services, RMG offers a single point of accountability for integrated data visualization and real-time performance management. The company is headquartered in Dallas, Texas, with additional offices in the United Kingdom and the United Arab Emirates. For more information, visit www.rmgnetworks.com.
About Ragan Communications
For more than three decades, Lawrence Ragan Communications, Inc., has been the leading publisher of corporate communications, public relations, and leadership development newsletters. Ever since the launch of The Ragan Report in 1970, Ragan has provided the professional communicator and executives with timely, practical, and relevant information that few others can match. The Ragan brand now includes over 16 targeted newsletters in the areas of employee communication, organizational writing and editing, sales and marketing, media relations and motivational management. In addition to our newsletter division, Ragan produces several communications conferences, workshops, and senior-level forums throughout the United States. Ragan conferences draw more than 3,000 professionals annually and provide attendees with access to leading communicators, best practices and rich networking opportunities.
Cautionary Note Regarding Forward-Looking Statements
Except for historical information contained herein, the matters set forth in this release are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "develop," "position," "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding our success in launching the new Korbyt and KorbytGO platforms, our plans to move into the mobile market for employee communications, the platforms’ ability to help customers reach more employees, the platforms’ ability to help with expanding into new markets, distribution channels, customers and customer opportunities, further penetrating existing markets, distribution channels and customers, future success with new and existing customer trials, the company’s ability to grow, the company’s plans and expectations of growth, expected future operating results, such as generating revenue therefrom, developing new technology or solutions, and our ability to win new customers. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-Looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.
Contact:
Investor
Brett Maas/Rob Fink
646-536-7331/646-415-8972
ir@rmgnetworks.com
or
Media
Gloria Lee
972-744-3958
gloria.lee@rmgnetworks.com
Ebix Expands on Leadership Position in Financial Exchange Markets in India through the Acquisition of Leading Travel Exchange Via
JOHNS CREEK, Ga., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today announced that one of its Singapore subsidiaries has entered into an agreement to acquire Via.com, an Omni-channel online travel and assisted e-commerce exchange. The acquisition of Via expands on Ebix’s distribution network to over 224,000 distribution outlets in the South East of Asia, besides offering significant cross selling opportunities for Ebix’s EbixCash Financial Exchange portfolio of products.
Under the terms of the agreement, Via was valued at a total enterprise value of approximately $74.9 million. The closing of the transaction is expected over the next few days. The acquisition is expected to be accretive to Ebix earnings immediately.
Via is recognized as a leader in the travel space in India, besides being the only profitable Travel exchange out of all its peers, while having grown at a CAGR of 45% over the last 3 years. One of South East Asia’s leading travel exchanges with over 110,000 distribution outlets and 8000 corporate clients, Via processes over 24.5 million transactions every year. The Company’s integrated online platform offers mobile Phone Recharges, Money Transfer, Insurance, Prepaid Gift Cards & Retail Products, besides Domestic & International Air, Hotel & Holidays, Rail, Bus and Rental Car bookings. Via’s multi-channel exchange also engages directly with consumers through its B2C website and mobile application platforms.
The Via distribution network encompasses over 85,000 agents in India, 14,700 agents in Indonesia, 9,900 agents in Philippines, 600 agents in Singapore and 350 agents in UAE and Oman. Besides being one of the leaders in the space in India, the Company has emerged as the largest travel solutions provider in Philippines also. With a hotel inventory of over 500,000 hotels and one of the largest ticketing platforms expanding across corporates and distribution outlets, Via has a significant share of the domestic & international airline ticketing business. Via has more than 5% share in both domestic & international airline ticketing in India, 10% in Philippines, 2.7% in Indonesia, 2.1% in Singapore The Company’s B2C operations in Thailand, Hong Kong and Saudi Arabia is gaining traction. It has harnessed its distribution outlets to do a wide variety of financial transactions including mobile recharges, money transfer, insurance, and prepaid cards etc.
Ebix intends to consolidate this acquisition into its Financial Exchange - EbixCash while bringing significant synergies and redundancies to the combined operation. The acquisition of the Omni-channel Business, would further strengthen Ebix’s position in the Financial Exchange market in India, as travel transactions can be one of the key areas of any leading financial exchange, with an estimated user base of 600 million in India alone.
Vani Kola, Managing Director at Kalaari Capital, said, “Ebix is a logical home for Via, as it complements EbixCash’s financial exchange portfolio perfectly, opening up tremendous cross-selling opportunities on both sides. We are excited about the possibilities this offers for both our customers and employees. Ebix’s financial strength, expertise, focus and commitment to the Fintech sector were key in our decision. We believe that the two sides can leverage each other’s abilities to take a market leadership role in the South East Asian markets.”
Ebix Chairman, President and CEO Robin Raina said, “I believe that the addition of Via’s integrated platform into our rapidly growing EbixCash financial exchange, places us in a very strong position to implement our vision related to Financial Exchanges in the South East of Asia. This allows us tremendous cross-selling opportunities through each other’s distribution networks as our product portfolio is complementary and a perfect fit for each of our distribution outlets and corporate clients.”
Robin added, “For us taking a strong position in the travel area was very important, since insurance, remittances, phone recharges, prepaid gift cards etc. are the things that complement a consumer’s needs when they engage in travel. We believe that the cross-selling opportunities will further fuel organic growth in our EbixCash Financial Exchange portfolio.”
Ebix also announced that it expects the business to generate around $33 million in GAAP revenues in 2018 with approximately 30 percent operating margins.
The RainMaker Group acted as the sole financial advisor to Shareholders of Via. Ebix did not use any investment bankers for the transaction.
About Ebix, Inc.
A leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, Ebix, Inc. provides end-to-end on-Demand solutions ranging from infrastructure exchanges, front end & back end enterprise systems, outsourced administrative & custom software development solutions, and risk compliance solutions for various entities involved in these industries.
With 45+ offices across Australia, Brazil, Canada, India, New Zealand, Singapore, the US and the UK, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums annually on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of domain specific business and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company’s website at www.ebix.com
About Via
Incorporated in February 2007 in Bangalore, India, the Company is one of the fastest growing & profitable travel companies in Asia's online space driven by technology. The Company is a leading distributor of transportation ticketing, accommodation reservation, packaged tours, corporate travel management, travel ancillaries, retail and financial services. The company offers its services through a robust, highly scalable cloud based technology platform consisting of mobile apps, websites, corporate platform, and a centralized, toll-free, 24-hour customer service center.
VIA's Corporate Travel Management Business unit helps corporate clients effectively manage their travel needs and significantly reduce travel expenses. VIA expanded its footprints to Philippines, Indonesia, Singapore and UAE. Today, Via's network includes over 110,000 active travel partners across 2,700 towns and cities & over 13,000 pin codes across Asia and over 7000+ signed SMEs. For more information, visit the Company’s website at http://www.via.com
About EbixCash
An Ebix Group initiative, EbixCash is emerging as one of the leading Financial Exchanges in India. With a ‘Phygital” strategy that combines 224,000 physical distribution outlets to a Omni-channel online digital platform, EbixCash has established an enterprise financial exchange portfolio that encompasses leadership in money remittance (domestic & international), travel, pre-paid & gift cards, utility payments etc. Ebix’s recent joint venture initiative with Bombay Stock Exchange positions it strongly in India’s insurance sector. EbixCash’s portfolio of products can be accessed digitally anywhere as also across its distribution outlets spread over 5,500+ cities and towns. For further details, visit www.ebixcash.com
SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS
As used herein, the terms “Ebix,” “the Company,” “we,” “our” and “us” refer to Ebix, Inc., a Delaware corporation, and its consolidated subsidiaries as a combined entity, except where it is clear that the terms mean only Ebix, Inc.
The information contained in this Press Release contains forward-looking statements and information within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. This information includes assumptions made by, and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, acceptance of the Company's products by the market, and management's plans and objectives. In addition, certain statements included in this and our future filings with the Securities and Exchange Commission ("SEC"), in press releases, and in oral and written statements made by us or with our approval, which are not statements of historical fact, are forward-looking statements. Words such as "may," "could," "should," "would," "believe," "expect," "anticipate," "estimate," "intend," "seeks," "plan," "project," "continue," "predict," "will," "should," and other words or expressions of similar meaning are intended by the Company to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are found at various places throughout this report and in the documents incorporated herein by reference. These statements are based on our current expectations about future events or results and information that is currently available to us, involve assumptions, risks, and uncertainties, and speak only as of the date on which such statements are made.
Our actual results may differ materially from those expressed or implied in these forward-looking statements. Factors that may cause such a difference, include, but are not limited to those discussed in our Annual Report on Form 10-K and subsequent reports filed with the SEC, as well as: the risk of an unfavorable outcome of the pending governmental investigations or shareholder class action lawsuits, reputational harm caused by such investigations and lawsuits, the willingness of independent insurance agencies to outsource their computer and other processing needs to third parties; pricing and other competitive pressures and the Company's ability to gain or maintain share of sales as a result of actions by competitors and others; changes in estimates in critical accounting judgments; changes in or failure to comply with laws and regulations, including accounting standards, taxation requirements (including tax rate changes, new tax laws and revised tax interpretations) in domestic or foreign jurisdictions; exchange rate fluctuations and other risks associated with investments and operations in foreign countries (particularly in Australia, UK and India wherein we have significant operations); equity markets, including market disruptions and significant interest rate fluctuations, which may impede our access to, or increase the cost of, external financing; and international conflict, including terrorist acts.
Except as expressly required by the federal securities laws, the Company undertakes no obligation to update any such factors, or to publicly announce the results of, or changes to any of the forward-looking statements contained herein to reflect future events, developments, changed circumstances, or for any other reason.
Readers should carefully review the disclosures and the risk factors described in the documents we file from time to time with the SEC, including future reports on Forms 10-Q and 8-K, and any amendments thereto. You may obtain our SEC filings at our website, www.ebix.com under the "Investor Information" section, or over the Internet at the SEC's web site, www.sec.gov.
CONTACT:
Bhavik Vasa
+91 9819389881 or bhavikv@ebixcash.com
Darren Joseph
678 -281-2027 or IR@ebix.com
David Collins or Chris Eddy
Catalyst Global - 212-924-9800 or ebix@catalyst-ir.com
MONEY News - M&A - AT&T and Time Warner Inc.
TORONTO, Oct. 31, 2017 (GLOBE NEWSWIRE) -- MONEY.CA and Money Magazine are recognized as national publishers and part of the free press in Canada, United States and Great Britain. Money Canada Limited financial analysts, authors, writers and publishers regularly write about and review investments, companies and corporations. MONEY may provide articles, information, data, insight and opinion. MONEY does not make any recommendation to buy or sell any investment, stock or security and any such information should not be taken or misconstrued as giving advice.
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The issuer is solely responsible for the content of this announcement.
On the MONEY Blog – in the MONEY Forum and in the next edition of Money Magazine our focus profile will be on two power house companies that even share the same vertical with many commonalities and significant differences. Read and learn more about AT&T’s plans for and with Time Warner Inc.
Headlines for the MONEY Blog, MONEY Forum and both electronic and print Magazine publications will read as follows:
MONEY News: AT&T’s Stock Could Be a Great Bargain for Investors
See the full Mergers and Acquisition feature profile page in the next issue of Money Magazine.
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As Cyber Threats to Automobile Dealerships Grow, an Oregon Ford Dealer Employs Delivery Trust Email Encryption to Protect Customer Information
IRVINE, Calif., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Identillect Technologies Corp. (the "Company" or "Identillect") (TSX-V:ID) (OTCQB:IDTLF) (Frankfurt:8ID), a leading provider of email security today announced Mid Valley Ford, an automobile dealership in Dallas, Oregon, will implement Identillect’s email encryption tool, Delivery Trust™. The decision represents a proactive choice by the dealership to protect their customers Personal Identifying Information (PII).
According to a study by Helion Technologies, 75% of small and medium sized businesses with less than 500 employees (this includes most car dealerships) have experienced at least one security breach in the previous 12 months. Automobile dealerships distribute sensitive customer financial data which is the information used for identity theft.
"It's a fact - hackers are getting more sophisticated in choosing their victims," said Identillect CEO Todd Sexton. "They're choosing industries to target based on customer demographics and their perceived lack of security. With bank account information, credit card numbers and the personal data of new car buyers available on their networks, dealerships must take proactive steps to protect this data."
Delivery Trust™, which protects information in transit and at rest from cyber security threats, has been adopted by a growing number of small and medium sized businesses throughout North America. Dealerships are becoming more proactive as they know they are a target for cyber criminals. Delivery Trust™ is being implemented in a growing number of industries, because there is a need for email security tools when handling individual’s personal identifiers. Recent surveys not only found an increase in cyber-attacks on businesses but for car dealerships in particular, they also identified a huge loss in customer confidence when a breach occurs. A poll by Total Dealer Compliance found that 84 percent of car buyers surveyed would not return to a dealership that had been the victim of a data breach.
"Taking important cyber security measures against hackers, including email encryption, can be inexpensive compared with the amount of money a dealership can lose when a breach occurs," said Sexton.
About Mid Valley Ford
Mid Valley Ford, is a Ford dealer in Dallas, Oregon offering new Ford Cars, Crossovers, SUVs, Trucks and Commercial Trucks and quality pre-owned used vehicles. Located 12 miles west of Salem Oregon, and located in the central part of the Willamette Valley, Mid Valley Ford strives to be the "Lowest Cost Value Leader New Ford Dealer" in Oregon.
About Identillect
Identillect Technologies is the leading provider of email encryption service Delivery Trust™, empowering enterprises of all sizes to protect their business and their client’s critical information against cyber security attacks.
Delivery Trust™ is an award-winning, multi-platform plug-in, which gives users complete control of their emails, for one low price. One simple integration complies with all regulations and most importantly provides peace of mind.
For more information, or your free trial, please visit www.identillect.com.
On Behalf of the Board of Directors of:
IDENTILLECT TECHNOLOGIES CORP.
Todd Sexton
Chief Executive Officer
Tel: (949) 468-7878
Email: todd.sexton@identillect.com
Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
id@kincommunications.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
Mimo Tech Selects CallidusCloud for Commissions
DUBLIN, Calif., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Callidus Software Inc. (NASDAQ:CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, announced today that Mimo Tech selected Commissions from CallidusCloud. The agreement was completed in the third quarter of 2017.
Blog: www.calliduscloud.com/blog
LinkedIn: www.linkedin.com/company/calliduscloud
Facebook: www.facebook.com/callidussoftware
Twitter: @calliduscloud, @calliduscloudIR
Web: www.calliduscloud.com
About Mimo Tech
MIMO Tech Co., Ltd. operates as an IT operator, content aggregator, and applications which will support various services of AIS and other subsidiaries from the growing consumer demand on mobile data. MIMO Tech Co., Ltd. was formerly known as i Zone Co., Ltd. The company was founded in 2010, based in Bangkok Thailand. MIMO Tech Co., Ltd. operates as a subsidiary of Advanced Info Service Public Co., Ltd., Thailand’s largest mobile phone operator.
About CallidusCloud
Callidus Software Inc. (NASDAQ:CALD), doing business as CallidusCloud®, is the global leader in cloud-based sales, marketing, learning, and customer experience solutions. CallidusCloud enables organizations to accelerate and maximize their lead to money processes with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, speed up contract negotiations, properly recognize revenue under ASC 606, and streamline sales compensation—driving bigger deals, faster. Approximately 5,700 leading organizations, across all industries, rely on the CallidusCloud Lead to Money suite to close more deals and make more money faster.
©2017 Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, Clicktools, SURVE, syncfrog, TrueComp Manager, ActekSoft, ACom3, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake, 6FigureJobs, RevSym, the RevSym logo, and LeadRocket are trademarks, service marks, or registered trademarks of Callidus Software Inc.
Press Contact:
Venus Picart
CallidusCloud
(925) 251-2200
pr@calliduscloud.com
Peeks Social Ltd. Announces Financial Results for the Three Months Ended August 31, 2017
TORONTO, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Peeks Social Ltd. (TSXV:PEEK) (OTCQB:PKSLF) (“Peeks Social” or “the Company”) announced that the unaudited Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the second quarter ended August 31, 2017, are now available on the Company’s profile on SEDAR (www.sedar.com).
Q2 2018 represents the three months ended August 31, 2017. Select highlights from the quarter include the following:
- Q2 2018 total revenue was $118,290 as compared to $13,850 for Q2 2017. Revenues of the comparative period related to advertisements on the now retired Keek products.
- Q2 2018 net loss was $1,769,803 as compared to $792,522 for Q2 2017. Net loss for Q2 2018 includes $290,563 of stock-based compensation and $860,610 of marketing expenses (Q2 2017 - $155,543 and $10,898 respectively).
- Q2 2018 net loss per share was $0.03 as compared to $0.02 for Q2 2017.
- Q2 2018 cash balance was $3,435,330 as compared to $257,241 for Q1 2017.
The Peeks Social platform charges a “platform fee” on transactions between users. Pursuant to a technology licensing agreement with Personas.com Corporation, the Company currently generates licensing revenue from the Peeks Social platform equal to 30% of the gross profit generated from the Peeks Social platform. The Company intends to pursue the acquisition of all underlying intellectual property and technology assets relating to the Peeks Social platform in order to acquire an up to 100% interest in the product (see press release dated July 25, 2017). Gross platform fees charged by the Peeks Social platform for the six months ended August 31, 2017, were $736,863 (of which the Company is entitled to 30%). In the first ten months since its launch on November 1, 2016, the Peeks Social platform processed nearly $2,550,000 of transactions between users.
“We are pleased to continue to show double digit percent quarter-over-quarter growth. This quarter we attained 15% growth despite taking steps to restrict access to content of a mature nature on the Android platform. The changes resulted in a predictable temporary decline in user sessions for that platform, but was necessary for us to continue to pursue our long-term business objectives, namely providing the foundation for a platform of mass adoption. The change is behind us and continued growth is ahead,” said Mark Itwaru, CEO of the Company.
In June 2017 the Company made a strategic decision to further restrict access to content of a mature nature on the Android app. June 2017 was the first month of Q2 2017. These changes had a temporary impact on Android traffic levels including User Sessions and Licensing Revenues derived from the Android app. The Company made almost identical changes to the iOS app in January 2017. The effects of the changes on the Android user base were similar to those observed on the iOS user base following the iOS change. The decrease in User Sessions from the Android change was isolated to the Android app and the bounce back period was similar to that of the January 2017 iOS change.
Certain information provided in this news release is extracted from the unaudited Financial Statements and MD&A for the second quarter ended August 31, 2017, and should be read in conjunction with them. It is only in the context of the fulsome information and disclosures contained in the unaudited Financial Statements and MD&A that an investor can properly analyze this information.
The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.com.
For further information, please contact:
Peeks Social Ltd.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@peeks.com
David Vinokurov
Director Investor Relations
416-716-9281
davidv@peeks.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward-Looking statements:
The information and statements in this news release contain certain forward-looking information relating to a potential asset acquisition or similar transaction which has not yet been structured or committed to, as well as statements relating to the future performance of the Peeks Social platform, including revenues derived from the product and trends in key performance indicators. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Peeks Social Ltd.'s forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Peeks Social Ltd. undertakes no obligation to publicly update or revise any forward-looking information.
CDK Global Appoints Daniel P. Flynn as President, CDK North America
HOFFMAN ESTATES, Ill., Oct. 31, 2017 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq:CDK) today announced the appointment of Daniel P. Flynn to president, CDK North America. Flynn is currently serving as executive vice president, Business Transformation and succeeds Robert N. Karp, who is leaving the company. These changes are effective Dec. 1, 2017.
“Dan Flynn is a seasoned operating executive who has seen significant success bringing process, discipline and rigor to the execution of CDK’s multi-year business transformation effort,” said Brian MacDonald, chief executive officer. “He brings that same focus to growing CDK’s North America business while driving additional service improvements for our dealer customers. We are fortunate to have someone of Dan’s caliber take on this important leadership role at CDK.”
Flynn joined CDK Global in early 2016 as corporate vice president, Business Transformation. In that role, he has been responsible for guiding the execution of the company’s multi-year transformation to significantly improve customer service and financial performance. CDK’s transformation program has already delivered significant customer service improvements, much higher levels of operating performance, and greater profitability.
Prior to joining CDK, Flynn was senior vice president, North America Rent A Car Operations at Hertz. While at Hertz, Flynn had full P&L responsibility for an organization with $6.6 billion in annual revenue, $9.5 billion in fleet assets under management and 23,000 employees across North America. In that position, Flynn led an executive team of 10 that oversaw all aspects of operations, including service delivery, store network management, staffing, customer satisfaction, cost control and fleet lifecycle management. He was also responsible for maintenance of a 500,000-unit fleet and for the process of ensuring 200,000-units were ready for sale each year via auction, direct-to-dealer and direct-to-consumer channels.
MacDonald continued, “All of us at CDK want to express our appreciation to Bob Karp for his more than 20 years of service to the company and the auto industry. Also, I want to personally thank Bob for helping me during my transition to CEO and for his support of our on-going business transformation. We are grateful for his many contributions to CDK and wish him all the best.”
About CDK Global
With more than $2 billion in revenues, CDK Global (Nasdaq:CDK) is a leading global provider of integrated information technology and digital marketing solutions to the automotive retail and adjacent industries. Focused on enabling end-to-end automotive commerce, CDK Global provides solutions to dealers in more than 100 countries around the world, serving approximately 28,000 retail locations and most automotive manufacturers. CDK solutions automate and integrate all parts of the dealership and buying process from targeted digital advertising and marketing campaigns to the sale, financing, insuring, parts supply, repair and maintenance of vehicles. Visit cdkglobal.com.
Investor Relations Contact: Katie Coleman 847.485.4650 katherine.coleman@cdk.com |
Media Contact: David Webster Aberdeen Strategies 469.222.3667 david.webster@aberdeenstrategies.com |
Mitek Board Member, Kenneth Denman Named One of 2017’s “Most Influential Black Corporate Directors” by Savoy Magazine
SAN DIEGO and LONDON, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that Board of Directors member, Kenneth Denman has been named one of 2017’s Most Influential Black Corporate Directors by Savoy Magazine.
“Our board features some of the most experienced and innovative leaders in the business world and we’d like to congratulate Ken on his most recent recognition,” said James DeBello, Chairman and CEO, Mitek. “Ken’s expertise in artificial intelligence and his background in successfully leading technology companies are just some of the attributes that make him an inspiring leader, valuable Mitek board member and influential executive.”
Denman joined Mitek’s Board of Directors in December 2016. He was previously the President and Chief Executive Officer of Emotient, Inc. and has also held CEO positions at Openwave Systems, Inc. and iPass, Inc. Denman was appointed to the Edward V. Fritzky Endowed Chair in Leadership at the University of Washington’s Foster School of Business as a Visiting Professor, and is also a Board member of both the UW Foster School of Business and the UW Foundation. In addition to serving on Mitek’s Board, Denman is a member of the Board of Directors of Costco Wholesale (COST), Motorola Solutions (MSI) and LendingClub (LC), and he is a Venture Partner at Sway Ventures.
As the leading business magazine reporting on African American success and achievement, Savoy’s Most Influential Black Corporate Directory is the premier listing of African-American executives, influencers and achievers contributing leadership to corporate boards. The full 2017 list can be viewed here: http://savoynetwork.com/2017-power-300-announced-savoy/
About Mitek
Mitek (NASDAQ:MITK) is a global leader in mobile capture and identity verification software solutions built on the latest advancements in AI and machine learning. Mitek’s identity verification solutions allow an enterprise to verify a user’s identity during a digital transaction. This enables financial institutions, payments companies and other businesses operating in highly regulated markets to mitigate financial risk and meet regulatory requirements while increasing revenue from digital channels. Mitek also reduces the friction in the users’ experience with advanced data prefill and automation of the onboarding processes. Mitek’s innovative solutions are embedded into the apps of more than 5,800 organizations and used by more than 80 million consumers. For more information, visit www.miteksystems.com or www.miteksystems.co.uk. (MITK-F)
Follow Mitek on LinkedIn: https://www.linkedin.com/company/mitek-systems-inc-
Follow Mitek on Twitter: http://www.twitter.com/miteksystems
Connect with Mitek on Facebook: http://www.facebook.com/MitekSystems
See Mitek on YouTube: http://www.youtube.com/miteksystems
Read Mitek’s latest blog post: http://www.miteksystems.com/blog
Mitek Contact:
Ann Reichert
Senior Director of Marketing
pr@miteksystems.com
Katherine Verducci
MIX Public Relations
pr@mix-pr.com
Mitek Investor Contacts:
Todd Kehrli or Jim Byers
MKR Group, Inc.
mitk@mkr-group.com
The Apache Software Foundation Announces Apache® Juneau™ as a Top-Level Project
Forest Hill, MD, Oct. 31, 2017 (GLOBE NEWSWIRE) -- The Apache Software Foundation (ASF), the all-volunteer developers, stewards, and incubators of more than 350 Open Source projects and initiatives, announced today that Apache® Juneau™ has graduated from the Apache Incubator to become a Top-Level Project (TLP), signifying that the project's community and products have been well-governed under the ASF's meritocratic process and principles.
Apache Juneau is a cohesive framework that allows developers to marshal POJOs (Plain Old Java Objects) and develop REST (Representational State Transfer) microservices and APIs. Marshalling is used to transform an object’s memory representation to a data format suitable for moving between different parts of a computer program (or across programs), and to simplify communications to remote objects with an object.
"We've worked hard on making the Apache Juneau code as simple and easy to use as possible," said James Bognar, Vice President of Apache Juneau. "We packed Juneau with rich features and functionality, and have successfully directed our efforts on building a diverse community that will help drive the project’s future. We’re very proud to graduate as an Apache Top-Level Project.”
Apache Juneau consists of:
- A universal toolkit for marshalling POJOs to a wide variety of content types using a common cohesive framework;
- A universal REST server API for creating self-documenting REST interfaces using POJOs, simply deployed as one or more top-level servlets in any Servlet 3.1.0+ container;
- A universal REST client API for interacting with Juneau or 3rd-party REST interfaces using POJOs and proxy interfaces; and
- A REST microservice API that combines all the features above with a simple configurable Jetty server for creating lightweight standalone REST interfaces that start up in milliseconds.
Apache Juneau is in use at IBM, The Open Group, and Salesforce, among others. The Apache Streams project began incorporating Apache Juneau libraries in late 2016.
"Removing Dropwizard and Jackson in favor of Apache Juneau simplified our dependency tree, increased the performance of our APIs, and added several features, especially HTML rendering, that have been a huge hit," said Steve Blackmon, Vice President of Apache Streams. "An on-going collaboration between our projects continues to expand the capabilities of Juneau's Remoteable library. As Apache Streams adds additional data provider Java SDKs powered by Juneau, the variety of HTTP interfaces that can be modeled and integrated with Juneau has expanded."
"We were able to replace existing home-grown REST interfaces on top of EMF objects with ones based on Apache Juneau and dramatically reduced the size of our codebase," said Craig Chaney, former Jazz Repository team lead at IBM. "We also used it as the basis for our Docker-based microservices in our CLM-as-a-Service offering."
"I have used Apache Juneau on projects where I need to work with Web Services," said David Goddard, Executive IT Specialist at IBM. "Juneau has saved us many development hours, enabling me to easily consume third-party REST APIs and construct my own Web Services far more quickly than I would otherwise be able to. Juneau also aids the development of robust, maintainable applications with clear logical code structure."
"When The Apache Software Foundation moved the JSON.org license to Category X, successors for JSON processing were needed," said John D. Ament, Vice President of the Apache Incubator, and Apache Juneau incubation mentor. "Apache Juneau was identified as a clean solution. It provides an easy to use API, great performance and a large number of features that made it a strong recommendation for others to leverage."
"As Apache Juneau grows, we welcome new contributors to join the project and take an active role in its development," added Bognar. "Whether reviewing user code, helping with feedback, or contributing code changes through the mailing list, we look forward to learning more about usage patterns to further improve the product."
Meet members of the Apache Juneau community at the Salesforce Dreamforce 2017 conference 6-9 November 2017 in San Francisco.
Availability and Oversight
Apache Juneau software is released under the Apache License v2.0 and is overseen by a self-selected team of active contributors to the project. A Project Management Committee (PMC) guides the Project's day-to-day operations, including community development and product releases. For downloads, documentation, and ways to become involved with Apache Juneau, visit http://juneau.apache.org/ and https://twitter.com/ApacheJuneau
About the Apache Incubator
The Apache Incubator is the entry path for projects and codebases wishing to become part of the efforts at The Apache Software Foundation. All code donations from external organizations and existing external projects wishing to join the ASF enter through the Incubator to: 1) ensure all donations are in accordance with the ASF legal standards; and 2) develop new communities that adhere to our guiding principles. Incubation is required of all newly accepted projects until a further review indicates that the infrastructure, communications, and decision making process have stabilized in a manner consistent with other successful ASF projects. While incubation status is not necessarily a reflection of the completeness or stability of the code, it does indicate that the project has yet to be fully endorsed by the ASF. For more information, visit http://incubator.apache.org/
About The Apache Software Foundation (ASF)
Established in 1999, the all-volunteer Foundation oversees more than 350 leading Open Source projects, including Apache HTTP Server --the world's most popular Web server software. Through the ASF's meritocratic process known as "The Apache Way," more than 680 individual Members and 6,300 Committers across six continents successfully collaborate to develop freely available enterprise-grade software, benefiting millions of users worldwide: thousands of software solutions are distributed under the Apache License; and the community actively participates in ASF mailing lists, mentoring initiatives, and ApacheCon, the Foundation's official user conference, trainings, and expo. The ASF is a US 501(c)(3) charitable organization, funded by individual donations and corporate sponsors including Alibaba Cloud Computing, ARM, Bloomberg, Budget Direct, Capital One, Cash Store, Cerner, Cloudera, Comcast, Facebook, Google, Hewlett Packard, Hortonworks, Huawei, IBM, Inspur, iSIGMA, ODPi, LeaseWeb, Microsoft, PhoenixNAP, Pivotal, Private Internet Access, Red Hat, Serenata Flowers, Target, WANdisco, and Yahoo. For more information, visit http://apache.org/ and https://twitter.com/TheASF
© The Apache Software Foundation. "Apache", "Juneau", "Apache Juneau", "Streams", "Apache Streams", and "ApacheCon" are registered trademarks or trademarks of the Apache Software Foundation in the United States and/or other countries. All other brands and trademarks are the property of their respective owners.
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CONTACT: Sally Khudairi Vice President The Apache Software Foundation +1 617 921 8656
Leaders in Tech Assemble to Drive Healthcare Enrollment for Over 3.5 Million Independent Workers
SAN FRANCISCO, Calif., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Today, a group of leading tech companies who are reshaping the modern economy are announcing their participation in Tech United for Independent Access to Healthcare, a coordinated effort to reach as many people as possible with the most recent, pertinent and up-to-date information regarding the 2017 Open Enrollment period for state healthcare exchanges, created under the Affordable Care Act.
With changes to this year’s Open Enrollment period, many who purchase coverage through the exchanges — or who may seek to — are confused about the timing of Open Enrollment, what healthcare options might be available to them, and at what cost. The Coalition will disseminate community-targeted, fact-based information and reminders on healthcare Open Enrollment via various communications channels. This includes using:
- Outreach to our communities via proprietary email systems, in-app notifications, and other embedded messaging or notification systems
- Existing blogs, newsletters and other scheduled outreach as vehicles for specific information (enrollment deadlines, etc.) about healthcare Open Enrollment
- Social media channels to disseminate key stats, facts and links throughout the period of Open Enrollment
- In-person, grassroots community events with partners across the country to provide assistance and guidance
“The Fiverr community is home to millions of entrepreneurs and freelancers working to build and grow their businesses,” said Brent Messenger, Global Head of Community at Fiverr. “We recognize the role that accessible healthcare coverage has had in allowing many to pursue their passions and create economic opportunities. We want to make sure to provide them with accurate and reliable information when it comes to knowing what their options are around healthcare coverage.”
The majority of Tech United coalition members have partnered with Stride Health to help their communities gain streamlined access to personalized guidance, help with picking the right plan, and enrolling in health coverage with tax credits. Stride partners with marketplaces and labor platforms to make it simple for independent workers to find and enroll in the right health coverage and manage care for them and their families throughout the year. Since its founding in 2013, Stride has been on a mission to empower anyone to work for themselves, without having to go it alone. By unlocking benefits traditionally offered by employers, Stride levels the playing field for the self-employed. According to research conducted by Stride, independent workers are three times more likely than traditional workers to go uninsured.
“Since launching Care.com Benefits with Stride Health in 2016, caregivers on our platform have not only been able to easily access healthcare that fits their needs but have also recognized significant savings in their coverage. We are committed to ensuring that the caregiving workforce has accurate information about and access to the same benefits as other professionals,” said Bryan O’Malley, Vice President, Care.com.
"DoorDash is proud to help spread the word about Open Enrollment to the more than 100,000 Dashers who use the DoorDash platform to earn money for the things that matter to them,” said Keith Yandell, General Counsel and Chief Strategy Officer at DoorDash. “DoorDash was built on the idea of empowering people to achieve their financial goals, and accessing high-quality, affordable health insurance is one important step to help achieve that mission. We encourage Dashers, customers, restaurant partners, and anyone else who wants to #getcovered to visit Stride Health and learn more about affordable health insurance plans in their state.”
"Etsy sellers are sole proprietors and microbusinesses who need access to affordable health insurance," said Althea Erickson, Global Head of Advocacy and Public Policy at Etsy. "Open Enrollment offers our sellers the opportunity to access health insurance and critical subsidies outside traditional employment, which is increasingly important for the millions of people working independently in the United States today. That's why we we're helping our sellers connect with the information they need to find and enroll in affordable coverage."
“The power of Postmates — to connect our neighbors with local merchants in communities across the country — is made possible by the flexibility our network of independent contractors exercise at every point in the delivery experience,” said Vikrum Aiyer, Head of Public Policy at Postmates. “By empowering our Postmates with the autonomy to control how and when they use our app, we enable everyone from students to parents to supplement income between college classes, or earn a little extra in between driving to soccer practices. We recognize, that during this period of healthcare Open Enrollment, it can be challenging for our busy Postmates to locate consistent, clear, and reliable information about accessing care and coverage. Resources to help navigate the marketplaces and take the guesswork out of understanding healthcare options is not just about enabling someone to identify a policy that protects their families when sick — it’s about looking out for one another and our communities through basic education.”
A JP Morgan Chase Institute study from February of last year showed that the number of workers who earn income in the online platform economy increased 47 times in a three-year period. In 2014, 24.9 million individuals filed tax returns indicating that they were the owners of a sole proprietorship, with 16.8 million of them turning a profit. This represented a 34 percent increase in self-employment since 2001. It is estimated that 15 percent of those independent workers earned at least some of their income via a digital platform. Additionally, in 2014 — the first year the Affordable Care Act went into effect — 1.4 million people (1 in 5) purchasing coverage through the newly established marketplace were considered a small-business, self-employed, or both. Furthermore, between 2014 and 2015, the number of people signing up for coverage through the Affordable Care Act increased by 50 percent, continued to grow in 2016, and is expected to grow again this year.
By all measures, independent healthcare access has unlocked economic potential. Per a recent McKinsey Global Institute study, most people who work independently do so by choice rather by necessity, and 1 in 6 people currently working in a traditional setting would prefer to become primary independent earners. By some estimates, independent workers are expected to comprise over 40 percent of the economy by 2020.
Contact: Arielle Goren
arielle@junostrategies.com
(212) 717-5863
RiskIQ Announces GDPR PII Analytics Solution for Website Compliance
SAN FRANCISCO, Oct. 31, 2017 (GLOBE NEWSWIRE) -- RiskIQ, the leader in digital threat management, today announced new functionality in RiskIQ Digital Footprint to help organizations ensure that their websites comply with the new EU General Data Protection Regulation (GDPR). Under GDPR, which covers the protection of EU personal data, fines can be considerable if the personally identifiable information (PII) is compromised or solicited and handled insecurely.
RiskIQ Digital Footprint’s new PII/GDPR analytics feature helps expedite compliance during the initial and subsequent GDPR audit processes by actively identifying websites belonging to an organization, as well as highlighting issues with specific pages that collect PII. The regulation, in effect in May of 2018, applies to all organizations that actively engage with EU citizens—even if they have no physical presence in the EU.
GDPR governs the collection, storage, and usage of EU personal customer data and mandates that PII is collected and transmitted securely. Besides data breach notification, an offending organization can face fines of up to 4 percent of their annual revenue (€20 million) should inadequate security provisions be evidenced. GDPR also includes specifications designed to ensure that EU citizens know and consent to how their information is being used.
GDPR, as applied to the use of websites with EU citizen personal data solicitation, explicitly requires the following personal data safeguards:
- Collect data in a secure, encrypted way
- Provide terms and conditions that are easy to understand, with an opt-in requirement to accept
- Notification within 72 hours of data breach discovery to a GDPR supervisory authority and the offended citizen
“GDPR is a global game changer that will pull the rest of the world toward setting a higher bar for protecting PII,” said Jarad Carleton, principal consultant, Digital Transformation, Frost & Sullivan Cybersecurity Practice. “However, to be compliant, you first need to know where PII is being collected, so proper process controls can be put around that data. RiskIQ Digital Footprint tells enterprises where PII collection is occurring, even when individual departments have web initiatives outside the oversight of IT. The automated approach supports GDPR and can help enterprises avoid fines and protect future business.”
According to research published by PwC, 92 percent of U.S. multinational companies cited compliance with the GDPR as a top data protection priority. However, the challenge for larger organizations is the sheer volume and complexity of websites and web applications that need to be identified and inspected for GDPR compliance. For expansive European and U.S. multinational companies, the ongoing discovery, analysis, and remediation tasks are nearly unachievable without automation— leaving a considerable security and compliance gap. Plus, recent RiskIQ research of U.K. organizations revealed that nearly a third of the FTSE-30 websites collected EU citizen personal data insecurely.
RiskIQ research of North American organizations also looked at 25 of the 50 largest banks in the U.S. (2017) and discovered significant security gaps in PII collection. The findings indicated that 68 percent of the banks collect PII insecurely, revealing a per-organization average of:
- 1,891 insecure login forms
- 1,663 pages collecting PII insecurely
- 1,326 EU first-party cookie violations
- 1,265 EU third-party cookie violations
Each of these insecure collection points represents a violation of GDPR, as well as a potential to have customer data compromised.
RiskIQ Digital Footprint helps address this challenge by actively discovering, creating, and assessing an interactive inventory of public-facing web assets, including sites, applications, and infrastructure, connected to an organization. The new PII/GDPR analytics feature automatically highlights web pages where personal data is being solicited, including login forms, data collection forms, and persistent cookies.
The resulting inventory tags and reports indicate where GDPR policy violations exist to enable IT and security teams to focus their efforts on remediating those web assets to support GDPR specifications. As part of ongoing auditing efforts, it can identify the appearance of new sites and PII collection pages, checking that data is being collected securely and that approved data usage notices and user consent are present. Organizations benefit through significant time and resource savings in the discovery process and audit verification processes, as well as gaining an inventory of and insights towards their PII collection points.
“PII discovery, inventory, and compliance assessment is one of the major tasks for GDPR project teams. In our experience, most security and compliance teams have only partial visibility of the websites owned by their organization. They are left to engage users across the business in an effort to uncover them. And once they have compiled that list, inspecting tens of thousands of web pages is labor intensive and prone to error,” said Lou Manousos, CEO of RiskIQ. “The new PII/GDPR analytics feature in RiskIQ Digital Footprint automates the once cumbersome and often inaccurate process of ongoing website PII discovery and assessment, helping to more efficiently support compliance obligations for large enterprises and multinational organizations.”
RiskIQ's PII/GDPR analytics feature is immediately available and is included as part of its Digital Footprint Enterprise solution. Register for RiskIQ’s webinar on Wednesday, Nov. 29 to learn best practices for ensuring your organization is prepared for the looming GDPR mandate.
About RiskIQ
RiskIQ is the leader in digital threat management, providing the most comprehensive discovery, intelligence, and mitigation of threats associated with an organization’s digital presence. With more than 75 percent of attacks originating outside the firewall, RiskIQ allows enterprises to gain unified insight and control over web, social, and mobile exposures. Trusted by thousands of security analysts, RiskIQ’s platform combines advanced internet data reconnaissance and analytics to expedite investigations, understand digital attack surfaces, assess risk, and take action to protect business, brand, and customers. Based in San Francisco, the company is backed by Summit Partners, Battery Ventures, Georgian Partners, and MassMutual Ventures.
Visit https://www.riskiq.com or follow us on Twitter.
Contact
Alyssa Pallotti
Montner Tech PR
apallotti@montner.com
203-226-9290
Green EnviroTech Holdings, Corp. Open Letter Update to Shareholders
JAMESTOWN, CA, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Green EnviroTech Holdings, Corp. (OTC PINK : GETH ) is pleased to update shareholders in the following open letter.
Dear shareholders,
Before anything else, I want to thank each and every one of our shareholders for their continued patience and for their confidence in Green EnviroTech Holding Corp. (OTC: GETH). For our newer shareholders, let me explain our business.
Green EnviroTech Holding Corp. (OTC: GETH) is first and foremost a technology company. Our mission is to find, develop and implement practical, economical solutions to address environmental issues associated with the production of waste, energy, water and food; and to create jobs and stimulate economic growth in the local communities where we operate as we strive to achieve this mission.
The first environmental issue we will address is rather pernicious, the approximately one billion scrap tires discarded each year around the world: every year we add another billion to the billions of tires already found in landfills, monofills and tire dumps. GETH has developed a proprietary technology that processes discarded tires and recovers valuable materials from them in an economically efficient and environmentally responsible manner. Our technology essentially takes an environmental problem and turns it into a profit center. The global market for carbon black, one of the products which our process extracts from scrap tires, should be approximately $20.4B by 2022.
As previously stated, we are working on three projects here at home in the USA: a carbon finishing plant in Ironton, Ohio, and two tire processing plants in Texas. Over the last four months, we have been quietly consolidating our position and securing our first draw from READS LLC (Real Estate Assets/Real Estate Acquisition Development & Sales) who provided our lease finance facility. Unfortunately, it has taken longer than we anticipated to secure this draw; as a result, the execution of our business plan has slipped by several months and we now forecast the carbon finishing plant, which is currently under construction, to be operating in Q2 of 2018. We will announce additional draws on that finance facility as they occur.
We continue to make progress, however, some of which we have announced in company press releases. Here’s a brief summary:
Business achievements: May 2017 - October 2017
- In addition to the progress we are making on our two tire processing plants in Texas, we have been working with a local partner to build a third tire processing plant, in Maryland. Our partner is an established tire recycler and they will provide the feed stock. We have a blueprint layout for a 100 tons per day GEN 1 Tire Processing Plant located at their facility.
- We have agreed on an LOI with an overseas partner to build GEN 1 End-of-Life tire processing plants outside the USA. Our partner is a principal investor in offshore projects, a project developer and a facilities operator with an international track record of completing projects; this partner has already assembled a team with tire-recycling experience
- GETH continues to work on securing a GEN 1 tire processing plant insurance wrap
- We have submitted a comprehensive patent for the GETH GEN 1 End-of-Life tire processing solution.
- In June we agreed to terms to acquire FWD: Energy, Inc., subject to successful completion of due diligence, which has developed a proprietary second-generation technology. We put this deal on hold for the summer and are currently considering our options.
- We have entered into an agreement with an investment bank for our planned uplist to NASDAQ or NYSE in 2018 and to pursue potential strategic investors
We are excited about the future and confident our success will exceed our expectations. Over the coming weeks we will make more detailed public announcements.
Once again, on behalf of the GETH team, I would like to thank all of you for your patience, for your confidence in us, and for your support.
Yours sincerely
Chris Bowers
President and CEO
Green EnviroTech Holdings Corp.
About Green EnviroTech Holdings Corp.
Green EnviroTech Holding Corp. (OTC: GETH) is first and foremost a technology company. Our mission is to find, develop and implement practical, economical solutions to address environmental issues associated with the production of waste, energy, water and food; and to create jobs and stimulate economic growth in the local communities where we operate as we strive to achieve this mission.
Forward Looking Statement
This press release contains forward-looking statements that relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
CONTACT: For more information on GETH: www.greenenvirotech.com CONTACT INFORMATION John Martin 866.414.5242 Or Public Relations and Media Contact: LCG Headquarters Office 702.333.4886 www.lcginfo.com
NetEnrich Fall 2017 “State of IT Services” Survey Finds Service Firms Challenged by Growing Number of Tech Options and Stiffer Competition
SAN JOSE, Calif., Oct. 31, 2017 (GLOBE NEWSWIRE) -- NetEnrich announces the results of its Fall 2017 “State of IT Services” survey, which was completed this month by more than 200 IT professionals working in IT services companies (Managed Service Providers, Value-Added Resellers, Systems Integrators, etc.) with at least 250 employees. In pursuing the survey, NetEnrich sought to understand the market forces that are driving IT service providers, and how these issues are impacting their businesses.
A key takeaway from the survey is that IT service provider growth, both in terms of securing new customers and entering new markets, and strengthening existing customer relationships, are the top priorities for this year. Heading into 2018, the top priorities will be securing new customers and focusing on a few vendors and technologies.
Meanwhile, the biggest challenge for IT service providers this year is the ever-expanding list of technology options, followed by stiffer competition in the marketplace and difficulty finding and hiring qualified staff. These were the same top challenges in 2016, but looking ahead to next year, stiffer competition in the marketplace is expected to be the top challenge for IT service providers, ahead of ever-expanding technology options. Rounding out next year’s list of top three challenges is the ability of IT firms to scale.
As far as services delivered by IT firms, security remains at the top of the list for this year and 2018. The second most requested service this year is software development and testing, followed by infrastructure and application management. Looking ahead to next year, the top three services are expected to be IT security, infrastructure and application management, and a tie between disaster recovery and backup, and mobile device management.
IT security hardware and software is also the top technology requested by service provider customers this year, followed by cloud infrastructure and mobile devices. Those were the same top three in 2016. Interestingly, in 2018, along with security and cloud, artificial intelligence makes it into the top three technologies requested.
Perhaps unsurprisingly, IT security is the hardest skill to hire for this year, followed by cloud infrastructure and artificial intelligence (tied), and DevOps.
The majority of IT firms said their sales and marketing budgets are between $500,000 and $999,000 this year and will increase to $1,000,000 or more next year.
The biggest competitive challenges to IT services firms this year: established players adding cloud-centric services; cloud-native providers entering the market; and corporate IT departments canceling partner relationships. These were the same biggest competitive challenges as last year, but in reverse order. Next year’s top competitive challenge is expected to be corporate IT departments canceling partner relationships.
A few more noteworthy items from the NetEnrich Fall 2017 “State of IT Services” survey:
- The best way for service providers to position themselves for success next year is by entering new markets, followed by aggressively finding/retaining top talent
- The most important thing to service providers when choosing new technology marketers is best-in-class software, followed by a willingness to collaborate on sales and marketing
- The most important aspect of client retention for service providers is dedicated support, followed by demonstrated experience deploying/integrating client software and established, successful relationships with other vendors (tied)
- The majority of respondents said that 26%-50% of their revenue currently is derived from cloud computing. Two-thirds of respondents said they expect that percentage to be greater next year
“The results of this survey are consistent with what we’re hearing from our customers and partners,” says Justin Crotty, Senior VP & GM – Channel Sales at NetEnrich. “In particular, IT firms are challenged by the emergence of new technology products coming into the market. Firms are being cautious about pursuing the latest ‘shiny object,’ but at the same time, they want to be at the leading edge when it comes to meeting the needs of customers. On the other hand, IT firms are facing new and stiffer competition in the market, especially from service providers offering cloud-centric services. Clearly, the service provider industry is moving in the cloud direction, and the winners will be companies that find and retain top talent.”
About NetEnrich
NetEnrich combines industrialized services and a proprietary automation platform to deliver IT infrastructure and operations management services from on-premises to cloud. NetEnrich is also a Microsoft technology partner specializing in accelerating deployment, migration and management of application workloads on Azure. Our approach to IT operations reduces costs, mitigates risk, provides control and drives innovation. NetEnrich has five global delivery centers, is headquartered in Silicon Valley, California, and is a Gartner 2015 Cool Vendor. To learn more about NetEnrich, visit www.netenrich.com.
Media contact:
Kevin Wolf
TGPR
(650) 327-1641
kevin@tgprllc.com
Nokia Corporation transfer of own shares October 31, 2017
Nokia Corporation
Notification to Nasdaq Helsinki Oy
October 31, 2017
Nokia Corporation transfer of own shares October 31, 2017
Transfer date | October 31, 2017 |
Share class | NOKIA |
Number of shares | 900 498 |
Subscription price | EUR 0 |
Total subscription price | EUR 0 |
The number of shares held by Nokia Corporation following the transfer is 221 206 122.
Enquiries:
Nokia
Communications
Tel. +358 (0) 10 448 4900
Email: press.services@nokia.com
Invitation to Presentation of SimCorp’s Q3 2017 Interim Report
SimCorp will publish its Q3 2017 interim report to NASDAQ Copenhagen on Tuesday, November 14, 2017 at around 8:00 am (CET).
SimCorp’s Executive Management Board will present the report at a conference call the same day at 2:00 pm (CET). Please use any of the following phone numbers to dial in to the conference call:
From Denmark: | +45 3271 1658 |
From USA: | +1 646 254 3365 |
From other countries: | +44(0)20 3427 1908 |
Pin code to access the call: | 9169767 |
At the end of the presentation there will be a Q&A session.
It will also be possible to follow a live audio webcast of the call via this link:
https://edge.media-server.com/m6/p/u9ou62rp.
The powerpoint presentation will be available prior to the conference call via SimCorp’s website http://www.simcorp.com/en/about/investor/presentations-and-events/quarterly-and-annual-investor-meetings.
SimCorp A/S
Innofactor Plc's Interim Report for January 1–September 30, 2017 (IFRS)
Innofactor Plc Interim Report October 31, 2017, at 9:00 Finnish time
Weak third quarter – we expect the operating margin of the fourth quarter to be approximately on the same level as in 2016
July–September 2017 in brief:
- The net sales were approximately EUR 13.9 million (2016: 11.8), which shows an increase of 18%.
- The operating margin was approximately EUR -0.9 million (2016: 0.9), which shows a decrease of 202.1%. The weaker than expected profitability was contributed to by the lower than expected net sales and the fact that the results from the Danish business operations were significantly less than expected.
- The operating loss was EUR 1.5 million (2016: operating profit 0.3), decreasing by 707.9%. The operating loss was affected by increased write-offs related to acquisitions, in accordance with IFRS 3, resulting in a decrease of EUR 507 thousand (2016: 455) in the operating profit.
- The weaker than expected profitability was affected by the weaker than expected net sales, which was due to, for example, delays in starting many customer projects after the summer, due to reasons related to customers, especially in Finland. Also, in Denmark and Sweden we were forced to register some losses on customer projects.
January–September 2017 in brief:
- The net sales were approximately EUR 48.9 million (2016: 41.6), which shows an increase of 17.5%.
- The operating margin was approximately EUR 1.2 million (2016: 2.8), which shows a decrease of 59.3%.
- The operating loss was approximately EUR 0.9 million (2016: operating profit 1.0), decreasing by 185.2% due to increased write-offs related to acquisitions, in accordance with IFRS 3, resulting in a decrease of EUR 1,522 thousand (2016: 1,365).
- Innofactor received several significant orders during the first half of the year. For example, the Unemployment Insurance Fund (TVR) for approximately EUR 1.0 million, the Hospital District of Helsinki and Uusimaa (HUS) for approximately EUR 1.8 million, IF Metall (in Sweden) for approximately EUR 0.6-4 million, a Finnish service company for approximately EUR 0.5 million, and the Finnish Red Cross for approximately EUR 0.6 million.
Jul 1–Sep 30, 2017 | Jul 1–Sep 30, 2016* | Change | Jan 1–Sep 30, 2017 | Jan 1–Sep 30, 2016* | Change | Jan 1–Dec 31, 2016* | ||||
Net sales, EUR thousand | 13,930 | 11,803 | 18.0% | 48,899 | 41,624 | 17.5% | 59,616 | |||
Operating margin (EBITDA), EUR thousand | -877 | 859 | -202.1% | 1,156 | 2,841 | -59.3% | 4,831 | |||
percentage of net sales | -6.3% | 7.3% | 2.4% | 6.8% | 8.1% | |||||
Operating profit/loss (EBIT), EUR thousand* | -1,544 | 254 | -707.9% | -857 | 1,006 | -185.2% | 2,332 | |||
percentage of net sales* | -11.1% | 2.2% | -1.8% | 2.4% | 3.9% | |||||
Earnings before taxes, EUR thousand* | -1,617 | 157 | -1,129.9% | -1,199 | 724 | -265.6% | 1,920 | |||
percentage of net sales* | -11.6% | 1.3% | -2.5% | 1.7% | 3.2% | |||||
Earnings, EUR thousand* | -1,293 | 125 | -1,134.4% | -959 | 579 | -265.6% | 1,516 | |||
percentage of net sales* | -9.3% | 1.1% | -2.0% | 1.4% | 2.5% | |||||
Net gearing | 56.1% | 55.5% | 56.1% | 55.5% | 70.2% | |||||
Equity ratio | 43.7% | 41.6% | 43.7% | 41.6% | 35.8% | |||||
Active personnel on average during the review period** | 623 | 511 | 21.9% | 609 | 505 | 20.6% | 532 | |||
Earnings per share (EUR) | -0.0357 | 0.0038 | -1,040.3% | -0.0274 | 0.0176 | -255.4% | 0.0467 |
*) In accordance with IFRS 3, the operating result for July 1–September 30, 2017, includes EUR 507 thousand (2016: 455) in depreciations related to acquisitions, consisting of allocations of the purchase price to intangible assets. Adjusted for the said depreciations, Innofactor’s operative business loss for the review period of July 1–September 30, 2017, would have been EUR 1,037 thousand (2016: operating profit 709), the operative business result before taxes EUR 1,110 thousand (2016: 612), the operative business result EUR -888 thousand (2016: 490), and the operative business result per share EUR -0.0245 (2016: 0.0149). In accordance with IFRS 3, the operating result for January 1–September 30, 2017, includes EUR 1,522 thousand (2016: 1,365) in depreciations related to acquisitions, consisting of allocations of the purchase price to intangible assets. Adjusted for the said depreciations, Innofactor’s operative business profit for the review period of January 1–September 30, 2017, would have been EUR 665 thousand (2016: 2,371), the operative business result before taxes EUR 323 thousand (2016: 2,089), the operative business result EUR 258 thousand (2016: 1,671), and the operative business result per share EUR 0.0074 (2016: 0.0508).
**) The Innofactor Group monitors the number of active personnel. The number of active personnel does not include employees who are on a leave of over 3 months.
Innofactor’s future outlook for 2017 (updated on October 13, 2017)
Innofactor’s net sales in 2017 are estimated to increase from 2016, during which the net sales were EUR 59.6 million. Innofactor’s operating margin (EBITDA) is expected to remain lower than in 2016, when the operating margin was EUR 4.8 million.
CEO Sami Ensio's review: Realizing common Nordic operating models and systems is slower than expected – concrete benefits will be delayed
The net sales grew by 18.0 percent in the second quarter (net sales EUR 13.9 million). Innofactor has estimated that the Nordic IT market will grow faster in 2017 than in the previous years, and this estimate remains the same. The market growth is believed to also increase Innofactor’s growth possibilities.
In the third quarter of 2017, the operating margin (EBITDA) was EUR -0.9 million (-6.3 percent of the net sales) and decreased by 202.1 percent from the previous year. The weaker than expected profitability was affected by the weaker than expected net sales, which was due to, for example, delays in starting many customer projects after the summer, due to reasons not attributable to Innofactor, especially in Finland. Also, in Denmark and Sweden we were forced to register some losses on customer projects. In Innofactor’s history, the end of the year has typically been better in terms of operating margin than the beginning of the year, but special attention needs to be paid to improving the profitability. We expect the operating margin of the fourth quarter to be approximately on the same level as in 2016, when it was approximately EUR 2 million.
Realizing common Nordic operating models and systems is slower than expected. The transition phase was seen in the third quarter of 2017 in the form of an unexpected negative operating margin. We still believe that 20 percent growth, of which majority is intended to be achieved by organic growth, as well as 20 percent operating margin in the long term shall be achieved. However, at this point, we do not expect this to happen by 2020.
Despite the weak operating margin level, the cash flow from business activities in the first three quarters remained strong and was approximately EUR 3.1 million (2016: EUR 2.5 million).
Innofactor is still actively looking for new strategic partnerships in the Nordic Countries. The Group’s goal is to grow both organically and through acquisitions.
Strategy and its realization in the review period
Innofactor is the one of the leading implementers of cloud solutions and digitalization in the Nordic Countries. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordic Countries. Innofactor has over 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. Innofactor's customers include over 1,500 companies and public administration and third sector organizations. During the years 2017-2020, Innofactor will primarily strive to unify its offering in the Nordic Countries in its selected areas. This may happen either through organic growth or selected acquisitions.
Innofactor's mission: We empower organizations and people to make a difference in the digital world.
Innofactor's vision: We are the leading implementer of cloud solutions and digitalization in each of the Nordic Countries (Finland, Sweden, Denmark and Norway).
Innofactor's strategy for achieving this vision includes:
- The best Nordic professionals in the Microsoft ecosystem
- The leading offering in cloud solutions and digitalization
- A proactive, value-adding and flexible delivery model
- Spearhead customers in selected fields in the Nordic Countries
Innofactor's long-term financial goal is to grow profitably:
- By achieving annual growth of about 20 percent, of which majority is intended to be achieved by organic growth
- By achieving approximately 20 percent operating margin (EBITDA) in relation to the net sales
- By keeping cash flow positive and securing a solid financial standing in all situations
Innofactor's net sales in the review period of January 1–September 30, 2017, grew by 17.5% and the main part of this was based on inorganic growth resulting from the Lumagate acquisition.
Innofactor's operating margin (EBITDA) in relation to net sales was 2.4 percent in the review period. Typically, Innofactor’s profitability has improved towards the end of the year.
Innofactor’s operating cash flow in the review period of January 1–September 30, 2017, was EUR 3.1 million positive (2016: EUR 2.5 million). Innofactor’s financial stability is good. Net gearing at the end of the review period was 56.1 percent (2016: 55.5 percent).
Espoo, October 31, 2017
INNOFACTOR PLC
Board of Directors
Additional information:
CEO Sami Ensio, Innofactor Plc
Tel. +358 50 584 2029
sami.ensio@innofactor.com
Briefings concerning the Interim Report January 1–September 30, 2017
On October 31, 2017, at 10:00 Finnish time, Innofactor will hold a briefing concerning the interim report in Finnish for the media, investors and analysts at the company's premises at Keilaranta 9, Espoo. The report will be presented by CEO Sami Ensio.
Innofactor will also hold a corresponding conference call in English on October 31, 2017, at 16:00 Finnish time.
We ask you to register for the briefings beforehand by sending email to ir@innofactor.com.
The presentations of the briefings will be available on Innofactor's web site after the briefings.
Distribution:
NASDAQ Helsinki
Main media
www.innofactor.com