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COMCAST INCREASES ITS FASTEST INTERNET SPEEDS OVER WIFI ACROSS UTAH

Comcast Utah

Comcast announced that, it has increased the speeds for some of its most popular Internet speed tiers in Utah, including Xfinity Gigabit service. Customers will be able to take advantage of advanced WiFi technology that is capable of delivering speeds faster than one Gigabit per second (Gbps) to support the ever-increasing number of connected devices in their homes. The upgrade to the Xfinity Gigabit service is part of a national rollout that began this year. As part of a trial test, Comcast achieved a 10G technical milestone delivering symmetrical 1.25 gigabit-per-second upload and download speeds over a live production network. Comcast has been an industry leader in deploying and evolving network virtualization and DAA, which replaces physical elements of traditional networks with software- and cloud-based technologies that provide greater performance, increased reliability and the ability to upgrade more quickly and evolve networks without replacing physical equipment. In addition, Extreme Pro+ customers in Utah will see their download speed increase from 600 Megabits per second (Mbps) to 800 Mbps. Similarly, Performance Starter+ customers will see a download speed boost from 25 Mbps to 50 Mbps. The upgrades will be made at no additional cost to customers in Utah who have already begun to see the benefits from the new speeds. “We recognize that Comcast plays an important role in helping our customers stay connected, so we are constantly advancing our Internet product with new innovation,” said Deneiva Knight, Comcast external affairs director “Our state-of-the-art gateways with WiFi 6 technology, wall-to-wall WiFi coverage, personalized tools and controls and advanced cybersecurity, are all helping to make our customers’ connectivity experience better than it has ever been.” Comcast is also one of the first U.S. Internet Service Providers to offer a WiFi 6 Certified gateway with the latest version of its xFi Advanced Gateway, which is capable of delivering multi-Gigabit speeds via ethernet and laid the groundwork for Gigabit speeds over WiFi. Customers on the new upgraded Xfinity Gigabit tier will require an xFi Advanced Gateway, or one of the WiFi 6 capable devices approved to work with the Xfinity network to receive the faster speeds. Comcast will contact Gigabit Internet customers who need to upgrade their equipment for no additional cost if they don’t have a capable device in their home. Performance Starter customers will not require new equipment to take advantage of this speed increase. “We’ve learned during the pandemic that a strong internet connection is essential to how we function at home, school, business and in our social lives,” said Sandy City Council Member Monica Zoltanski. “This is a welcome upgrade that will give people the speed, security and reliability they need to stay connected online.” Increased Internet speeds support faster connections and more capacity to support the growing number of smart home devices that are being added to home WiFi networks today and in the future. According to The Xfinity Cyber Health Report, some customers have dozens of devices in their homes. In fact, Xfinity xFi users have on average 12 devices per home and added two devices over the past year, while high-end users have as many as 33 devices and added five since last year. Comcast’s Xfinity Gigabit Internet service is delivered using Comcast’s existing network architecture and the connections that are already in most customers’ homes. In Utah, the company offers Gigabit Pro, a 2Gbps fiber-based synchronous broadband service that is twice as fast as anything else available in the residential market. Since 2017 alone, Comcast has devoted more than $15 billion to strengthening and expanding its network – including building more than 33,000 new route miles of fiber. Every 2.5 years, the company adds as much capacity to the network as it added in all the previous years combined. Comcast’s commitment to digital equity has never been stronger. The company redoubled efforts as COVID-19 shined an even brighter light on the digital divide. This year marks the 10 th anniversary of Internet Essentials — Comcast’s low-cost, high-speed Internet service. To celebrate this milestone, Comcast reinforced its digital equity commitment by accelerating the nation’s largest broadband adoption program; aiming to launch 1,000 Lift Zones throughout the country, with 35 in Utah, by the end of 2021; and investing in education and equity-focused organizations. “Because we’re committed to support low-income families in Utah, our Internet Essentials program has been one of the primary ways to get Internet into every home,” said Knight. “We look forward to continuing that as we close the digital divide.” About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. About Comcast Business Comcast Business offers Ethernet, Internet, Wi-Fi, Voice, TV and Managed Enterprise Solutions to help organizations of all sizes transform their business. Powered by an advanced network, and backed by 24/7 customer support, Comcast Business is one of the largest contributors to the growth of Comcast Cable. Comcast Business is the nation’s largest cable provider to small and mid-size businesses and has emerged as a force in the Enterprise market; recognized over the last two years by leading industry associations as one of the fastest growing providers of Ethernet services. For more information, call 866- 429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. About Effectv Effectv, the advertising sales division of Comcast Cable, helps local, regional and national advertisers use the best of digital with the power of TV to grow their business. It provides multi-screen marketing solutions to make advertising campaigns more effective and easier to execute. Headquartered in New York with offices throughout the country Effectv has a presence in 66 markets with more than 30 million households with video service. For more information, visit www.effectv.com. Contact Details Deneiva Knight +1 520-345-9792 deneiva_knight@comcast.com Company Website https://utah.comcast.com/

June 15, 2021 08:00 AM Mountain Daylight Time

Praduman Jain, CEO and Founder of Vibrent Health, accepted into Forbes Technology Council

Vibrent Health

Praduman Jain, CEO and founder of Vibrent Health, a digital health technology company powering the future of precision health research, has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives. Jain was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors. “We are honored to welcome Praduman into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Technology Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.” As an accepted member of the Council, Praduman has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Praduman will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com and to contribute to published Q&A panels alongside other experts. Finally, Praduman will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team. "As we work to reimagine global health research and power the future of precision medicine, this acceptance from Forbes will allow us to share our insights and knowledge in new ways,” said Jain. “Our mission is to accelerate health research through digital tools and with the support of the Forbes platform we can help our industry move forward. I am excited about being included in this exclusive group of technology thought leaders and look forward to sharing my experiences and learning from other members.” ABOUT FORBES COUNCILS Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded the Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive. For more information about Forbes Technology Council, visit forbestechcouncil.com. To learn more about Forbes Councils, visit forbescouncils.com. About Vibrent Health Vibrent Health develops digital health technology and research tools for health organizations, researchers, and research participants. Powering the next generation of precision medicine, Vibrent’s scalable technology platform for individual and population health provides actionable insights to help accelerate medical discoveries. Vibrent Health is proud to serve, since 2016, as the Participant Technology Systems Center for the National Institutes of Health’s All of Us Research Program, which aims to collect health data from one million or more people to support a wide variety of research studies. This work is supported under NIH funding award U24OD02316. To learn more, visit vibrenthealth.com. Contact Details Vibrent Health Pearson Brown +1 310-994-7057 pbrown@vibrenthealth.com Company Website https://vibrenthealth.com

June 15, 2021 09:22 AM Eastern Daylight Time

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Velocity Global commits $1M to First Descents to expand adventure programs for young adults coping with multiple sclerosis

Velocity Global

First Descents (FD) has announced a transformative $1 million contribution from Velocity Global to support the expansion of adventure programs for young adults living with multiple sclerosis (MS). Funds will support program development and help reach more than 1,000 MS participants over the next 5 years. “First Descents serves people first to fill a gap in psychosocial supportive care for young adults living with MS. Velocity Global is honored to support the expansion of these programs through this donation and volunteer efforts from our global team,” said Ben Wright, founder and CEO of Velocity Global. “I have witnessed the healing impact of First Descents programs firsthand, and am proud our company is in a position to advance this important work.” Velocity Global and First Descents share a special partnership that transcends financial support. The two Colorado-based companies began as office neighbors at INDUSTRY Denver in 2014. Over the years, Velocity Global employees have volunteered on First Descents programs and fundraised while competing in the Ragnar Snowmass Relay and the TransRockies Run. In 2018, Velocity Global contributed $150,000 to pilot MS programming which began with a whitewater kayaking experience in Tarkio, Montana. “Velocity Global’s support will help us to serve more than 1,000 young adults living with MS in the coming years while investing in vital partnerships with patient advocacy groups and neurology clinics nationwide,” observes Ryan O’Donoghue, CEO, First Descents. “We want MS patients to learn about First Descents closer to the time of diagnosis and know that we are here for them. Velocity Global’s leadership support will make this vision a reality.” The National MS Society indicates there are approximately 1 million people living with multiple sclerosis in the United States with approximately 10,000 new cases diagnosed each year. Typically, MS is diagnosed between the ages of 20 and 50, with a median age of diagnosis at 34. Young adults living with MS can experience significant physical, neurological and psychosocial changes that often disrupt important developmental milestones. In addition to the complexities of clinical treatments and lifestyle implications, the relapsing and progressive nature of MS can be daunting, and can result in significant psychosocial distress. According to the National MS Society, clinical depression ranks among the most common comorbidities associated with MS. These realities have been further exacerbated by the COVID-19 pandemic where prolonged social isolation and apprehension for the future have taken a significant toll. First Descents is working with several renowned patient advocacy groups, including the Multiple Sclerosis Association of America (MSAA) to reach more people coping with MS. “There is an important need to support young adult MS patients with age appropriate programming that can improve their outlook and quality of life,” observes Gina Ross Murdoch, CEO, Multiple Sclerosis Association of America. “Staying fit and active - especially with peers living with MS - can greatly benefit patients’ mental and physical health. We are excited to work with First Descents and Velocity Global on the launch of these programs.” First Descents’ all-inclusive programs are free of charge to participants. All programs ensure ADA lodging compliance, a tailored Wahls protocol nutrition program, and fully-accessible outdoor activities. Further, programs are designed with careful consideration to mitigate heat sensitivity, balance issues, and fatigue. Ultimately, First Descents creates an environment where young adults with MS can reclaim their physical agency, explore new activities, and nurture lifelong supportive peer relationships. ### ABOUT VELOCITY GLOBAL Velocity Global accelerates the future of work beyond borders. Its platform enables businesses to employ remote teams and expand internationally through global expertise, best-in-breed technology, and scale. More than 700 brands rely on its Employer of Record model and infrastructure, also called an International PEO (Professional Employer Organization), in 185 countries and all 50 United States to compliantly employ thousands of supported employees, access global talent, and grow revenue. Named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall, Velocity Global is a strategic partner to its clients through additional comprehensive services including Immigration, Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors globally. Founded in 2014, the company is headquartered in Denver, Colorado, with regional headquarters in Amsterdam, Bogotá, and Singapore, with local employees in 16 countries. ABOUT FIRST DESCENTS First Descents (FD) is a leader in adventure-based healing. Through outdoor adventure, community building, and lifestyle development, FD improves long-term survivorship and quality of life for young adults impacted by cancer, multiple sclerosis, and other serious health conditions. Headquartered in Denver, First Descents has served more than 10,000 participants over the last 20 years. Beginning in 2020, First Descents launched programs for healthcare workers on the frontlines of COVID-19. All services are fully-adaptive and free of charge. A Guidestar Platinum-ranked nonprofit, First Descents has been recognized on CNN Heroes and Outside Magazine's Best Places to Work. RESOURCES: First Descents MS Program Page Contact Details Velocity Global John Hall +1 720-650-4348 johnhall@velocityglobal.com First Descents Ray Shedd +12034999633 ray.shedd@firstdescents.org Company Website https://velocityglobal.com/

June 15, 2021 07:02 AM Mountain Daylight Time

Video

New DynAdmic innovation deeply fuses Connected TV with connected audiences for first time

DynAdmic

The proportion of households severing their connections to traditional cable is forecast to increase by 44% in the next three years. Consumer adoption has been fast, and the amount of time people are spending on connected devices increases daily. Whilst many marketers know there is a power in the incremental reach created by increasing ad exposure during influential times of the day on CTV, the contextual abilities to target people accurately has been escaping them. Until now. The team, at global media leader, DynAdmic have launched a new contextualization technology that is dedicated to dramatically transforming audience analysis and insight for advertisers and solving this problem. DynAdmic’s revolutionary approach semantically analyses and categorizes CTV inventory for the first time ever. This process allows them to enrich the context of the content with information based on the application itself (themes, audiences, publishers) as well with the specific program or series being viewed at the time. This powerful innovative approach is executed by leveraging a specialist semantic categorization method based on Named Entities Recognition (NER). With the NER process DynAdmic are currently rolling out they are analyzing approximately 100 million unique ad placements per day of which one third are from CTV. This analysis has allowed their team to refine the semantic categorization of the entire CTV inventory by more than 50%. “At DynAdmic we have seen how CTV has improved the customer experience. We want to ensure we are doing the same for the marketers and their ad spend” says founder and CTO, Bruno Champion “ Our experience shows that if we can connect our clients’ brands with the consumer accurately, and with relevance, on the CTV channels they earn more of each viewers time and in return increase their ROI.” The new intelligent systems from DynAdmic leverage the power of semantic algorithms and analytics to disrupt the existing approach and whilst most advertisers still find online video inventory vague, this new arrival in the market is revolutionizing targeting precision based on linguistic programming. “Our technology is the first to market and is addressing a market-wide problem by bringing contextualization technology to CTV for the first time. We are offering our clients specific KPI measurability and targeting, and a far better user experience for their consumers given the context is accurate and relevant to their personal viewing behaviour. This is a groundbreaking shift, and we couldn’t be more excited to roll it out” closed Champion. Find out more at http://www.DynAdmic.com or contact: lara@DynAdmic.com About DynAdmic DynAdmic curates digital video advertising inventory from the world’s leading websites by utilizing smart semantic targeting and activating brand safety and fraud security, while focusing on campaign performance metrics. They connect world-class advertisers with qualified audiences across Youtube, apps and the largest publishers reaching more than 450MM viewers globally and targeting viewers in real-time based on what they are about to watch by using their proprietary AI audio recognition technology. Their exclusive demand platform scans 20,000 pages per minute and scores every page according to brand safety, contextual relevance and qualified audience parameters. By leveraging a superior and owned code, the DynAdmic team can identify and target viewers’ real-time interest and prospective consumers from their audience catalogue in 60 languages across the world with a fraud rate of less than 1% according to Moat. DynAdmic is the only certified Google partner that connects the online with offline world with TV Sync, and has a 96% context relevance score as well as third-party verification from IAS. DynAdmic partners with the leading brands, agencies and publishers and is comprised of 130 people in 7 countries. www.us.dynadmic.com Contact Details DynAdmic Corp. Lara Krumholz +55 11 94135-2008 lara@dynadmic.com Dynadmic Corp. Lara Krumholz +13477467971 Company Website http://us.dynadmic.com/

June 15, 2021 08:15 AM Eastern Daylight Time

Sophisticated Compensation Enhancements Added to SullivanCotter’s Innovative Provider Performance Management Technology™ Platform

SullivanCotter

SullivanCotter, the nation’s leading independent consulting firm in the assessment and development of total rewards programs, workforce solutions, and technology and data products for the health care industry and not-for-profit sector, announces the addition of highly-anticipated new compensation automation enhancements to its growing Provider Performance Management Technology ™ (PPMT) platform. PPMT™ is an industry-first, cloud-based product that engages clinicians through transparent performance-based compensation administration, contract management, and analytical and reporting capabilities. With the new Clinician Pay feature, PPMT™ now enables users to streamline the compensation management process by automating clinical draw calculations and payments based on current performance and organization-defined criteria. It offers flexible and sophisticated rules for the draw calculations that are easily maintained by key administrative stakeholders and can be managed throughout the year. “Determining clinician draw for the upcoming year is a significant and burdensome time investment for compensation program administrators. Most often, these calculations are done manually via spreadsheets – which can greatly increase the risk of error. Using PPMT™, organizations can now automate the production of accurate and reliable draw and other pay calculations within one system”, said Shelly Slowiak, Director, Product Support, PPMT™, SullivanCotter. New split role compensation automation eliminates the need to manually determine clinical and non-clinical pay components by providing visibility into performance and compensation for different roles while also allowing administrators to view aggregate compensation for each individual clinician. “In order to provide the best care for patients, a growing number of physicians are specializing in multiple service areas with varying compensation arrangements. This often requires greater attention and additional analysis from an already overextended compensation team. PPMT™ can ease the administrative burden by effectively automating and providing consistent compensation calculations for each service area”, said David Schwietz, Chief Information Officer, SullivanCotter. Designed to address a spectrum of physician, leadership and other key stakeholder needs, PPMT™ combines years of health care compensation insight and expertise with an intuitive and automated technology platform to help drive provider performance and support the transition from volume- to value-based care. For more information on these enhancements or our entire suite of Provider Performance Management Technology™, visit www.sullivancotter.com/PPMT or contact us at 888.739.7039. About SullivanCotter SullivanCotter partners with health care and other not-for-profit organizations to understand what drives performance and improve outcomes through the development and implementation of integrated workforce strategies. Using our time-tested methodologies and industry-leading research and information, we provide data-driven insights, expertise, data and technology products to help organizations align business strategy and performance objectives – enabling our clients to deliver on their mission, vision and values. Contact Details Becky Lorentz +1 314-414-3719 beckylorentz@sullivancotter.com Company Website https://sullivancotter.com

June 15, 2021 07:00 AM Central Daylight Time

Cognyte to Announce First Quarter Financial Results on June 22, 2021

Cognyte Software

Cognyte Software Ltd. (NASDAQ: CGNT) will conduct a conference call on Tuesday, June 22, 2021 at 8:30am ET to review its first quarter financial results for the period ending April 30, 2021. An earnings press release will be issued prior to the conference call. A real-time webcast of the conference call with presentation slides will be available in the Investor Relations section of Cognyte’s website. The conference call can also be accessed live via telephone at (800) 708-4540 (United States and Canada) and (847) 619-6397 (International). The passcode is 50181080. Please dial in 5-10 minutes prior to the scheduled start time. About Cognyte Software Cognyte Software Ltd. (formerly a Verint Systems Inc. company) is a global leader in security analytics software that empowers governments and enterprises with Actionable Intelligence for a Safer World™. Our open software fuses, analyzes, and visualizes disparate data sets at scale to help security organizations find the needles in the haystacks. Over 1,000 government and enterprise customers in more than 100 countries rely on Cognyte’s solutions to accelerate security investigations and connect the dots to successfully identify, neutralize, and prevent threats to national security, business continuity, and cyber security. Learn more about how we empower our customers to create a safer world with Actionable Intelligence® at www.cognyte.com. COGNYTE, ACTIONABLE INTELLIGENCE, and ACTIONABLE INTELLIGENCE FOR A SAFER WORLD are trademarks of Cognyte Software or its subsidiaries. Cognyte Software and other parties may also have trademark rights in other terms used herein. Contact Details Media Relations - Cognyte Software Amit Daniel amit.daniel@cognyte.com Investor Relations - Cognyte Software Matthew Frankel, CFA IR@cognyte.com Company Website https://www.cognyte.com/

June 14, 2021 08:30 AM Eastern Daylight Time

Comodo Announces Leadership Changes to Accelerate Growth

Comodo

Comodo Security Solutions, Inc announces the appointment of Ken Levine as its new Chief Executive Officer and Dave Karp, Chief Strategy Officer, to its senior management team to fast-track the company's continued growth. In 2018 Comodo recognized the importance of endpoint protection as a means to address the onslaught of new attacks. The company developed an array of products that work together to prevent attacks from propagating throughout a network. What's more, the company also created the means to orchestrate them from a cloud-hosted, unified management console. The technology suite delivers full security lifecycle capability, including detection, prevention, and managed services allowing a seamless layer of security across endpoints, servers, and the cloud. Comodo Advanced Endpoint Protection (AEP) is a formidable collection of multiple security technologies wrapped in an easy-to-deploy and managed package. AEP unifies zero-day prevention with an integrated endpoint management console and its cloud-based malware analysis platform, Valkyrie, to create a security platform applicable to enterprises of any size. "I'm delighted to welcome the newest members of our leadership team," says Melih Abdulhayoglu, Chairman and Founder of Comodo Security Solutions, Inc. "Over the past 20 years, Comodo has built a plethora of solutions across the cybersecurity technology stack for both consumers and mid-market businesses. In 2018, we embarked on a journey to prevent the execution of unknown files. We launched our Advanced Endpoint Protection product, followed closely by a host of complementary security technologies and our managed detection and response offering. Now is the time to focus on our customer acquisition expansion, and with the combined talent of our new management team members, I am confident we will have a strong growth trajectory." Ken Levine joins Comodo as a fifteen-year cybersecurity industry veteran and brings a wealth of knowledge to Comodo. Ken was CEO of then start-up NitroSecurity, a SIEM platform, before a successful acquisition by McAfee in 2011. After two years at McAfee, Ken became CEO of Digital Guardian. Under his leadership, the organization tripled in size, entered adjacent markets, and became a leader in the DLP and EDR markets. Most recently, Ken was the Chief Executive Officer for microsegmentation company, ShieldX, newly acquired by Fortinet. Ken is the founder of Brookline Venture Partners and a graduate of the University of Pennsylvania's Wharton School of Business. "With Comodo, we quickly saw the opportunity to offer enterprise-scale solutions, consumable and affordable to the mid-market and SMB," says Ken Levine. "Our unique advanced endpoint protection ensures no unknown file can cause harm. Which uniquely positions us to help in the ongoing battle against ransomware, while our world-class Security Operations Center helps augment information technology teams via our Managed Detection and Response service". Joining the leadership team with Ken is Dave Karp. Dave joins as Chief Strategy Officer responsible for developing, sustaining, and leading strategic initiatives and managing the CEO's strategic planning process. Dave has over 20 years of experience in information security and has excelled in diverse roles within sales, product management, marketing, consulting, and managed services. This is Dave's third endeavor with Ken. He is a member of the Forbes Technology Council, a graduate of the University of Oklahoma, and a United States Marine Corps veteran. Comodo is poised to continue disrupting and revolutionizing the security industry. "We are excited to begin the next phase of Comodo, with emphasis on the customer experience and leaning into product-led growth," says Dave Karp. "We are committed to leading the way with a combination of freemium products, such as our Open EDR, Valkyrie threat intelligence, and free access to our endpoint for the consumer. All of this balanced by cloud-delivered security offerings that provide the best technology, managed delivery and at affordable prices - which has been lacking in the security industry". About Comodo We help customers stop breaches with groundbreaking auto containment technology that neutralizes ransomware, malware, and cyber-attacks. Our complete cloud-native framework delivers a zero-trust architecture with active breach protection for the most comprehensive defense against zero-day threats. Comodo's products maximize intelligent sharing between every component of the platform, therefore providing superior security. We are the only company to analyze and provide a trusted verdict for 100% of the files on a network. Comodo leverages innovation to celebrate and support the cybersecurity community by offering the first open-source endpoint detection and response (EDR). We believe that an open-source model using community-powered collaboration will ensure every organization has access to the industry's most sophisticated EDR. Headquartered in Clifton, NJ, Comodo's global development team and threat intelligence laboratories deliver innovative, category-leading security solutions for thousands of companies' endpoints, network boundaries, and internal networks. For more information, visit https://www.comodo.com/ Contact Details Kobi Meir +1 888-551-1531 kobi.benmeir@comodo.com Company Website http://www.comodo.com

June 10, 2021 12:00 PM Eastern Daylight Time

Mónica MacGregor Joins Treliant as Managing Director, Global Financial Crimes Compliance

Treliant

Mónica MacGregor, a senior professional specializing in international financial crimes compliance and global risk management, has joined Treliant as Managing Director in its Global Financial Crimes Compliance service area. She brings over 20 years of experience in the areas of Anti-Money Laundering (AML), sanctions, anti-corruption, international financial crimes investigations, and global risk management. “Mónica brings an unparalleled global perspective to help clients navigate and mitigate the risks of doing business across jurisdictions and industries worldwide,” says Treliant Managing Partner Ross Marrazzo. “Her addition to the firm underscores its commitment to world class financial crimes consulting.” “Companies are challenged to develop and uphold effective, integrated compliance strategies across the world, in areas as diverse as anti-money laundering, sanctions, and anti-corruption,” says Mónica. “I look forward to helping Treliant’s clients succeed in both global compliance and global business.” Mónica has served as both consultant and in-house compliance officer in a variety of capacities, most recently as Managing Director, Global Investigations and Strategic Intelligence, at Berkeley Research Group. Previously, she served as BSA/OFAC Officer at Oriental Bank. During her career, she has managed high-stakes criminal, civil, and internal cross-border investigations, helped clients design and implement compliance programs, and presented findings as an expert in front of U.S. and overseas prosecutorial and investigative bodies, as well as financial regulators and international organizations. Mónica also has extensive experience on the prosecutorial side having assisted the DOJ Asset Forfeiture and Money Laundering Division in the investigation and prosecution of systemic compliance deficiencies at a number of large financial institutions. Treliant is a multi-industry consulting firm that serves organizations around the globe. Our firm serves financial institutions, consumer-oriented businesses, other corporations, and law firms. As a firm of leading professionals from industry and government, we assist our clients in navigating regulatory requirements and on best practices, while meeting strategic and operational objectives. We partner with clients as trusted advisors and via managed services including through secondments, interim resources, and other outsourcing strategies. Our advisory and assurance services and specialized, high-quality business solutions strengthen our clients’ corporate and regulatory compliance programs, risk management, and business performance. We also provide comprehensive support for corporate and regulatory investigations, litigation, and as government agency monitors and independent consultants. We serve companies from Main Street to Wall Street and across the globe. Contact Details Treliant, LLC Melissa Pazornik +1 202-249-7932 mpazornik@treliant.com Company Website https://www.treliant.com

June 10, 2021 08:03 AM Eastern Daylight Time

Pollen VC launches first live lending facility for app and game makers

Pollen VC

Fintech lender Pollen VC, a leading provider of credit facilities to app and game developers, has today expanded the amount developers can borrow to up to 4x their monthly revenues. Pollen VC’s data driven credit models now have a more granular view of how revenue is generated over time, enabling them to expand credit lines based on live performance metrics. Access to additional capital via a transparent revolving credit facility enables developers to supercharge their growth without relying on venture capital or revenue based loans. In contrast to the increasingly ubiquitous revenue-based lending (RBL) approach, Pollen VC provides a flexible line of credit that is based on a live picture of a developers accounts receivable (AR), plus an estimate of the residual value remaining in live user cohorts. The company had previously provided pure AR financing, but with the addition of the ability to borrow against the value of existing users combined into one simple facility, it’s now possible to borrow more via this model than through RBL, and with a much more transparent structure. App and game developers rely on finance to help them market and promote their products whilst they wait to be paid from the Apple App Store or the Google Play Store. With more than $120Bn being spent on apps and games globally, these businesses face cashflow squeezes on a regular basis. Martin Macmillan, CEO & Founder at Pollen VC commented: “Developer revenue isn’t just realised at the point of download, monetization occurs over their consumer’s lifetime usage of the app or game. Our ability to base our lending decisions not just on AR, but also now in a developer's existing user base is unique and will be a game changer for the industry. The amount of available credit is recalculated on a daily basis so as marketing performance improves, so the amount available to borrow will grow.” “The revenue-based lending model works well for industries such as SaaS where stable, predictable revenue streams exist. But, in mobile gaming, users can churn much faster, making the model less applicable for the app and gaming sector generally, and opening up both developers and lenders to additional risk if loans can’t be repaid. Our “AR plus residual cohort” model is our take on the revenue-based lending model, but built from the ground up for our vertical” added Martin Macmillan. At the core of Pollen VC’s vision is improving the financial literacy of developers. All too often developers rely just on equity financing to fuel their growth and don’t consider forms of alternative financing, sometimes needlessly diluting their equity instead of considering more capital efficient funding. Pollen VC has launched a range of resources for the app and game developer community to help them better understand their cash flow, financials and user acquisition metrics. The company’s CFO resources page includes a range of free to access calculators, content and templates to help the gaming and app development ecosystem improve their overall level of financial awareness and make more informed financing decisions. Looking ahead, Martin Macmillan added: “We have worked with hundreds of app and gaming developers since 2014 and the industry has changed radically since the early days. Our new lending approach provides a breath of fresh air to the industry which will enable gaming and app founders to really understand their numbers and enable faster growth and the ability to scale in a capital efficient way. We will provide developers with greater access to capital and financial knowledge to really transform the industry”. Pollen VC provides revolving credit lines to game and app developers to help them scale faster. Their finance works alongside venture capital funding as a non-dilutive complimentary funding source. Application criteria: the business must have one or more live apps on the Apple App Store or Google Play Store, $20,000 - $5,000,000 in monthly revenue and 3 months or more of transaction history in its business bank account. Notes to the editor Customer example - London based mobile game studio grows revenues 35% month-on-month working with Pollen VC Comment piece - The Paradox of Revenue Based Lending Comment piece - What Supercell's $180M credit facility to Metacore signals to the wider mobile gaming ecosystem About Pollen VC Pollen VC provides flexible credit facilities to app and game developers using a data-driven lending model which is designed from the ground up for the app economy. Based in San Francisco and London, we help developers all over the world to take control of their finances and grow their business in a capital efficient way. Our team includes structured credit, capital markets and performance marketing specialists with in-depth knowledge of the mobile app and gaming market and the growth challenges faced. Pollen VC is backed by a group of leading private and institutional fintech investors, and has diverse sources of liquidity spanning private and institutional capital providers in Europe and North America. Contact Details Pollen VC Bilal Mahmoood +44 7714 007257 bilal@pollen.vc Company Website https://pollen.vc

June 10, 2021 05:00 AM Eastern Daylight Time

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