News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

President Biden Issues First Veto – Stay Ahead Of The News With FiscalNote (NYSE: NOTE)

Benzinga

By Jad Malaeb, Benzinga President Biden issued his first veto in office. House Republicans are pressing a new energy bill, dubbed H.R.1, that would “expedite energy products, eliminate or reduce certain fees related to the development of federal energy sources and eliminate certain funds that provide incentives to decrease emissions of greenhouse gases.” In short, the Lower Cost Energy Act (i.e. H.R.1) is a plea for looser restrictions on greenhouse-producing energy products and activities like oil drilling and exploration. Even though the bill was a long way from reaching the Presidential desk, the White House made its stance clear. In a statement issued on Mar. 27th, the White House said: “If presented to the President in its current form, he would veto it.” - which they did. The White House noted that H.R. 1 would replace “pro-consumer policies with a thinly veiled license to pollute” and “raise costs for American families by repealing household energy rebates and rolling back historic investments to increase access to cost-lowering clean energy technologies.” Legislation And Regulation Tracking Technology Through FiscalNote Bills with a monumental impact on the future of the nation are discussed on a continuous basis by the U.S. government. These bills can also have major implications for financial markets. President Biden’s Infrastructure Act, for example, is heavily linked to the rise in the stock prices of companies like Caterpillar (NYSE: CAT) and Applied Material Inc. (NASDAQ: AMAT) in anticipation of the Act taking effect. Individually keeping track of each bill, however, is a nearly impossible task without the help of specialized software. This is where FiscalNote Holdings Inc. (NYSE: NOTE) comes in. As a technology company specializing in the analysis and tracking of legislation and regulations in the U.S. and abroad, the company can be an investor, trader or any other citizen’s preferred destination when organizing and tracking major changes in government. Find, Track And Plan For Government Policies With CQ Federal CQ Federal is a FiscalNote platform offering real-time updates on legislative and regulatory developments. It alerts users to important policy changes and provides deep archives of legislative information. With CQ Federal, government affairs professionals can stay up-to-date with policy changes and take quick and effective action. One of the standout features of CQ Federal is its exclusive access to House Action Reports. These reports provide forward-looking summaries and analyses of every bill set for debate, anticipated amendments, fact sheets of major legislation and summaries of all bill changes made in the conference. Additionally, CQ Federal provides live and archived videos of everything that happens on the floor of the House and Senate, searchable by keyword, chamber, speaker and date. The closed captions act as unofficial transcripts and are available in real-time. CQ Federal's platform also offers custom reports and analyses to help organizations make informed decisions. The company's unmatched breadth and depth of federal data enables government relations professionals to know more and get more done. CQ Federal's advanced alert tools ensure users get everything they need and nothing they don't, filtering out the noise from the thousands of documents and updates produced by the US government. CQ Federal provides government affairs professionals with the most comprehensive set of data around federal legislation available. It is a valuable resource for any organization looking to stay informed and up-to-date with policy changes and take effective action. Check out the platform here. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 12, 2023 09:15 AM Eastern Daylight Time

Article thumbnail News Release

BingX Shifts focuses on Layer 2 Tokens listings

BingX

SINGAPORE - Media OutReach - 12 May 2023 - BingX, one of the leading cryptocurrency exchanges, has announced a strategic shift in focus to Layer 2 tokens listings. The decision was made in response to the growing demand for Layer 2 solutions and the need to enhance the overall trading experience for its users. The move comes at a time of extreme congestion on blockchain networks, which has created a high demand for effective Layer 2 scaling solutions. Layer 2 scaling solutions are built on top of existing blockchain networks and offer faster and more cost-effective transactions while maintaining the blockchain's decentralization and security features. To meet this demand, BingX is exploring various Layer 2 projects, such as Starknet. With the meme coin phase reaching its peak, BingX believes that the listing of layer 2 projects will entice traders into the Cryptocurrencies markets. BingX is committed to providing its users with access to the latest and most innovative Layer 2 solutions. The exchange will continue to research and vet new Layer 2 tokens, ensuring that only legitimate and high-quality projects are listed on the platform. Furthermore, BingX is considering the potential for airdrops events in line with Starknet, which could lead to the possibility of listing $STRK onto its easy-to-use platform. This would provide even more value to its users and enhance the overall trading experience. The shift in focus to Layer 2 tokens listings demonstrates BingX's focus on innovation and its user-centric approach. The demand for faster and cheaper transactions on blockchain networks continues to grow, and BingX is well-positioned to meet this demand. To learn more about BingX and its offerings, visit the exchange's official website. About BingX Founded in 2018, BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. Layer 2 trading pairs like MATIC/USDT & ARB/USDT are also available on BingX platform. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Additionally, BingX has launched BingX QA, an engine for trading analysis and investment guidance. Find the latest analysis that includes fundamental analysis of Starkware Token. Contact Details BingX elvisco@bingx.com Company Website https://bingx.com/en-us/

May 12, 2023 07:20 AM Eastern Daylight Time

Article thumbnail News Release

Stay One Step Ahead: Master the Essentials of Cybersecurity Readiness!

YourUpdateTV

From data breaches to phishing scams, cybercrime is on the rise, and it's time to arm yourself with the knowledge and tools to stay safe in the digital world. Recently, Dave Lewis, Global Advisory Chief Information Security Officer at Cisco Security, conducted a satellite media tour to share tips and tricks to outsmart cyber criminals and stay safe online. A video accompanying this announcement is available at: https://youtu.be/VDTqR8LqwOM After surveying over 6,700 cybersecurity leaders worldwide, Cisco found that less than 15% of companies were ‘Mature’ enough (or considered to have advanced enough security) to defend against modern cybersecurity risks, even though 82% of respondents said they expect a cybersecurity incident to disrupt their business in the next two years. While this may not seem to directly impact consumers at first, the aftermath can take a large toll on the public, causing emails, credit cards and personal information to be leaked on the internet. Here are some tips that Lewis shared: · Be a safe shopper: o Never use a debit card, use a credit card, I like one specifically for online purchases. o Don’t save your personal or credit card information on any company site – If they company doesn’t have it, the company can’t lose it, and the criminals can’t steal it. o Closely watch your online accounts. · Build cyber street smarts - Criminals will use information from a breach against you: o Evaluate the company before sharing personal information. o Only share essential information with any company or third-party. o Know the signs of a scam - If it seems too good to be true, if there’s too much pressure. · Personal resilience - Expect breaches: o Use multi-factor on all accounts. o Use separate email addresses and credit cards – our phones may make this easier. o Talk about it when it happens – empathy and compassion, kinder than necessary. According to Cisco, 60% of respondents said they had a cybersecurity incident in the last year, which cost 41% of organizations affected at least $500,000. While forward-looking businesses are investing in resilience and focused on improving their ability to defend against and minimize the impact of an attack, consumers also must take an active role in protecting their own information, especially as breaches become more and more inevitable. To learn more about this and Cisco’s Cybersecurity Readiness Index, visit: cisco.com/go/readinessindex BIO: Dave Lewis is a Global Advisory CISO at Cisco Security. He has 25 years of experience in IT security operations and management including a decade dealing with critical infrastructure security. He is the founder of the security site Liquidmatrix Security Digest and writes columns for Daily Swig, Forbes and several other publications. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 11, 2023 02:59 PM Eastern Daylight Time

Video
Article thumbnail News Release

Allied Energy Corp Provides Update on the Thiel Well Bitcoin Mining Project with Enerhash

Allied Energy Corporation

Allied Energy Corp (OTC: AGYP), a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon area in the United States, is pleased to provide a shareholder update regarding the Company's activities partnering with Enerhash USA at the Thiel Well site in an effort to begin flare gas bitcoin mining. On April 26th, CEO George Monteith of Allied Energy received a revised field build out report distributed by Enerhash's personal. Due to circumstances beyond the Company's control, initial target dates for the Thiel site had to be adjusted. At this time the Company is confident that all challenges have been overcome regarding the initial delays. The Company is pleased with the revised timeline and is thankful to report that thus far everything is proceeding according to plan. To date the following work has been completed: Operating permits - completed Site survey - completed Site planning - completed Elevation study - completed Contractor proposal for site buildout - completed Allied will update their shareholders as further developments occur with press releases and media updates on Twitter. The initial Thiel project, if all goes as planned, is expected to take 8-10 weeks to complete. The generators and data centers will be located 150 feet south of the wellhead. A meter run will be installed just north of the generator pad. The existing water tank will be reused for discharge from the separator. The elevated pad will be constructed of compacted engineered fill to support generator weights up to 60,000 lbs. per generator and 20,000 lbs. per data center. A reinforced concrete pad will be constructed on top of the compacted engineered fill to support the generator / generators. The contractor will provide two 3-inch electrical conduits with sweeping connections from the generators to each data center pad. Allied CEO George Monteith commented: "The Thiel is the first location where Allied will establish a bitcoin mining footprint in partnership with Enerhash. At this time, we believe that the Thiel site will be a 3-megawatt center and power three containers of bitcoin mining equipment. As per our last release investors / current shareholders can see that we are laying a broader foundation of gas well resources through our new partnership with Sloan Petroleum. Ultimately, we are focused on completing the initial 20-megawatt project with Enerhash to then set our sights toward completion of the 100-megawatt project. I am appreciative of all the hard work my team has given, we have a detailed plan and the resources to make it happen, now it is time to make the push toward mining digital currency." About Enerhash: Enerhash is an energy technology and digital infrastructure development company founded by European energy experts in 2019. Enerhash has developed projects on three continents providing renewable energy optimization and grid balancing services including New Zealand, Sweden, Hungary and now they are entering into the USA. Enerhash USA will align with energy producers as a solution to help alleviate harmful methane emissions caused by production. These solutions will monetize wasted natural gas resources to reduce emissions by eliminating routine flaring to reach ESG goals and unlock the value from stranded resources. To discover more about Enerhash USA, visit their corporate website at www.enerhashusa.com. About AGYP: Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing 'existing' oil & gas wells located in the thousands of mature oil & gas producing fields across the United States. The Company applies its knowledge, experience, and effective well-remediation technologies to achieve higher production volumes, longer well life, and more efficient recovery of the proven and available oil and gas reserves in the fields/projects in which it has acquired an ownership interest. The Company will utilize updated technologies such as hydraulic fracturing ("fracking"), drilling of lateral ("horizontal") legs in productive zones, and utilizing new cased hole electric logging to locate bypassed pays, all to enhance daily rates and oil & gas recoveries. By acquiring interests in a growing number of selected projects in various regions, Allied Energy Corp. is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves. The Company plans to concentrate on bypassed oil and gas as there is less competition and, as mentioned above, the costs are considerably less. Additionally, the company will acquire interests in marginal wells that can be acquired at minimal cost, of which there are 420,000 wells in the U.S. Quoting Barry Russell, President of the Independent Petroleum Association of America ("IPAA") - "With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America's true strategic petroleum reserve." Safe Harbor Statement: This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements. Contact: Allied Energy Corporation Phone: 972-632-2393 Email: info@alliedengycorp.com Twitter: https://twitter.com/AlliedEnergyCo1 Enerhash USA LLC Website: www.enerhashusa.com Email: info@enerhash.com Twitter: https://twitter.com/Enerhash1 Linkedin: https://www.linkedin.com/company/enerhash/ Contact Details Allied Energy Corporation +1 972-632-2393 info@alliedengycorp.com

May 11, 2023 02:30 PM Eastern Daylight Time

Article thumbnail News Release

Electronic Servitor Publication Network 'prioritize customer comfort and ease of use'

Electronic Servitor Publication Network Inc

Peter Hager, the CEO of Electronic Servitor Publication Network Inc. (OTCQB:XESP), discusses how his company offers digital activation and engagement solutions to help companies optimize their digital customer engagement strategies. By leveraging a sophisticated technology stack and providing a managed service, the company connects content with audiences and drives growth. Their typical clients are high-growth B2B companies that have already maximized their digital technologies and are seeking increased leverage and growth. Electronic Servitor focuses on the customer journey when they are not face-to-face, creating a one-to-one relationship between brands and their audience. The company is currently in the growth stage, acquiring customers and integrating its services seamlessly with clients' systems. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

May 11, 2023 12:37 PM Eastern Daylight Time

Video
Article thumbnail News Release

Shareholder Calls for Removal of Dan Schulman from Board at Verizon Annual Meeting

National Legal & Policy Center

Today, Paul Chesser, Director of the National Legal and Policy Center ’s Corporate Integrity Project, gave remarks at Verizon Communications Inc.’s annual meeting in Salt Lake City, to support a shareholder proposal the ethics group filed with the company. NLPC’s proposal would require the company to itemize and disclose the nature of ‘take-down requests’ it has received from the U.S. government. Revelations from “The Twitter Files,” about the aggressive efforts by the federal government to pressure social media and telecommunications companies to censor critics and political enemies of public officials, was part of the motivation for the proposal. During Chesser’s presentation, he also called for the removal of Dan Schulman, CEO of PayPal, from the Verizon board of directors. Schulman has presided over extensive censorship, de-platforming and punitive financial measures against customers during his tenure at PayPal. The full text of Chesser’s remarks is below: Verizon opposes our proposal for a report on government takedown requests because the Company says it already publishes so-called “ Transparency Reports,” and therefore the report we request isn’t necessary. But what Verizon calls a “Transparency Report,” is nothing of the sort. The report we seek asks for specific requests for censorship that Verizon has received from all branches of the United States government. All Verizon’s alleged “Transparency Reports” give you are numbers, and zero transparency. As we have seen from the revelations in the “ Twitter Files,” agencies controlled by the White House censored their critics via social and corporate media entities, at an unprecedented scale. For example, major tech companies including Verizon met monthly with the FBI and Homeland Security ahead of the 2020 election, to discuss how to handle so-called “election misinformation.” Platforms, including those controlled by Verizon, reportedly removed alleged “misinformation” at the request of the government. Yet there are no such disclosures of any censorship incidents in Verizon’s phony “Transparency Report.” But the type of report we request would include them. Verizon also engaged in election interference when it abruptly shut down a test run of one of Donald Trump’s most important voter-contact programs one weekend in July 2020, potentially costing the former president millions of dollars in donations. And in 2021, members of Congress who regulate the telecom industry wrote to Verizon urging them to drop One America News Network and other conservative-leaning news channels. Verizon ended its 17-year relationship with OANN, while the discredited, flailing CNN remains on the Company’s channel listings. If Verizon truly wanted to stop “misinformation,” they would dump CNN. Verizon, meanwhile, claims that, “Our respect for the right to freedom of expression of opinion is fundamental to our business.” Because of these examples I cited and others, we doubt that Verizon genuinely believes in freedom of speech. But if Verizon wants the public to believe that, one step they could take is to ask for the resignation of Dan Schulman from the Board of Directors. While he’s been CEO of PayPal, his company has implemented some of the most extreme cancel culture and censorship policies in Corporate America, including trying to impose a $2,500 fine of account holders who allegedly promote “misinformation.” PayPal also terminated, without warning, the account of one of the last remaining pro-Democracy groups in Hong Kong, before it fell to the communist Chinese government. I could cite many more examples of PayPal’s cancel culture actions during Mr. Schulman’s tenure. He has no business being on the board of a major media or telecom corporation – or any company for that matter. Thank you, and please vote FOR Item 5 on the proxy statement. END REMARKS NLPC has filed more than two dozen shareholder proposals this proxy season, and appeared at the annual meetings of Apple, Disney, Starbucks, Coca-Cola, Bank of America, Goldman Sachs, Berkshire Hathaway, and Boeing, and will similarly present resolutions at many other companies in the coming weeks. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with an NLPC representative, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

May 11, 2023 11:51 AM Eastern Daylight Time

Article thumbnail News Release

Kosmos Games Presents New Quests In Solitaire Social

Kosmos Games

Solitaire Social is a popular free-to-play casual game with 10 million players and great graphics. Play Solitaire against other players, grow a beautiful garden, and learn more about new stories of the game! Kosmos Games announces new quests and storylines in Solitaire Social after researching players' requests, wishes, and feedback. The Solitaire Social team is happy to bring Solitaire fans brand-new content, striving to make all players amused and entertained. So, the Solitaire Garden welcomes old and new players on board to explore new stories and tasks! Kosmos Games is an independent casual games developer that has successfully presented one of the best card games — Solitaire Social — the PvP online game based on classic Klondike Solitaire. Players compete against each other or several players simultaneously. The emphasis is on "social," as you will meet many fans of this card game! The game can be played for free in the browser by using the Solitaire Social website. Besides being free, it does not require registration, and you can start your journey right away! Solitaire Social immerses all card game fans in an alternative world of a magical garden grown by Granny Lily. By playing Solitaire games, users enhance the garden, making it more vibrant and unique. Players can team up, create groups, and unite to progress together. Participate in team events, get to the top in tournaments with big prizes, and enter worldwide competitions to demonstrate your amazing Solitaire skills! With 10 million active players worldwide and a vast community, the company bases its projects on what players want and expect. Kosmos Games is grateful for players' feedback and is now enhancing stories and quests all players can enjoy soon! So, what are the novelties? Starting on the 1st of June, all solitarians will have opportunities to get more rewards by completing the new Daily Quests. Moreover, the new quests can get more diverse and lively with different difficulty levels, and rewards will also grow! Complete the Easy level, proceed to Medium, and demonstrate your Solitaire skills playing the Hard level. Soon, players who complete all three levels can try a tougher challenge by playing in the Super Hard mode. Of course, advancement means winning greater rewards and amazing prizes! Skilled solitaire players can nail all those tasks fast, and Kosmos Games adds a bit of thrill to the game by bringing in a timer. But do not worry if the timer runs out! You will still get all chances to win many rewards by completing another task of the same or lower difficulty. How does the story progress with this? Solitaire Social players will accompany Melissa, Lily's granddaughter, on her educational journey. Apt, smart, and curious about everything in this beautiful and magical world, Melissa returns to the Solitaire Garden with a school task on her mind. Sure thing, Granny Lily wants to ensure her golden girl succeeds with the school project. Together, they will gather everything Melissa needs for her big project and work hard while enjoying the serenity of Granny's magnificent garden. By clicking a button on the panel, players can see Melissa's notebook, where she writes down all tasks she must complete for today. Bonding with nature and having a great time with her granny, Melissa is grateful for your assistance and cannot wait for the next day to collect new materials for her project. We also remind you that SolitaireSocial has many tournaments, including… Standard tournaments. The regular competition aims to help players grow their skills, win bonuses, and connect with other card game fans. Round the World. Start your journey in the US or Europe and venture to the most beautiful corners of Earth. Visit interesting places, claim bonuses, meet other travelers, and win prizes! Knockout. Get a ticket for free and compete against THREE solitarians with your best Solitaire skills to claim the great Chest and three prizes inside. Ensure you are not the last to complete a solitaire game, or you will be knocked out! On the last note, Kosmos Games emphasizes that all Solitaire Social players are important, and developers are grateful for their support and the thoughts they share. The Solitaire Garden grows and blooms thanks to players. Lily hopes every card game fan finds harmony and fun in this cute and sunny place! Contact Details Kosmos Games Leonid Ustin +1 929-491-3157 support@kosmosteam.com Company Website https://kosmos.games/

May 11, 2023 11:41 AM Eastern Daylight Time

Article thumbnail News Release

LyricFind Cites Rapid Growth in Revenues and Repertoire, Enters into New Partnerships

LyricFind

LyricFind, the world’s leader in lyric licensing and data solutions, has today announced important growth milestones, a significant repertoire expansion and new product enhancements. The company is also growing its footprint with the international music communities with an agreement with GEMA, Germany's mechanical and performance rights society, and launching new initiatives in the automotive industry. As the music industry continues to experience global revenue growth across a growing number of channels, the demand for LyricFind’s suite of services, including its leading Lyric Video solution and its AI-powered LyricIQ metadata tool is also expanding. In addition to labels and publishers, who rely on LyricFind to create deeper engagement with artists, the company is offering solutions to new client sectors like automotive and fitness. As a result, LyricFind experienced a 48% increase in revenue in 2022 compared to the year prior. In addition, with an increased focus on building lyrics content on a global basis, LyricFind increased its lyrics catalog by 47% in 2022, enabling its partners to substantially grow their usage and generate additional royalties for publishers and songwriters. “Music continues to power growth and engagement across multiple businesses: from streaming and social platforms to brand marketing to fitness, automotive, and consumer electronics,” said Darryl Ballantyne, founder and CEO of LyricFind. “As music continues to become a more visual medium in social ‘feeds,’ lyrics are also a huge way to engage and retain consumers in every corner of the globe. We take our role in ensuring artists’ works are made available in an accurate and authorized way very seriously and are delighted that LyricFind’s growth ensures compensation for more writers in more ways, all around the world.” And as part of LyricFind’s growing global partnerships, the company recently entered into an agreement with GEMA, Germany’s collecting society and performance rights organization for songwriters, composers, and music publishers. LyricFind is presently the only lyric aggregator with a GEMA license. In addition, LyricFind has also: Launched the first-ever full lyrics implementation in automotive with Mercedes MBUX Infotainment system, through its partnership with Xperi; Enhanced its Lyric Video capabilities, helping clients quickly produce over 1,000 videos (including hundreds of Lyric Translation videos) which have cumulatively garnered over 20 million views on YouTube alone; Launched multiple additional LyricIQ integrations, including a free to use tool available at lyriciq.lyricfind.com. LyricIQ enables commercial music users to analyze and filter music by its emotional content, sentiment, explicit content, and subject matter at a time when demand for brand suitability measures is growing with marketers. For more information on LyricFind, please visit lyricfind.com. About LyricFind LyricFind is the trusted source for lyric licensing and data solutions. With more than 19 years in business and access to more than 100,000 catalogs and over 8 million song lyrics, LyricFind is trusted by a growing list of top music platforms including ByteDance, Amazon, Google, Xperi, YouTube, Deezer, Pandora, and iHeartRadio, providing current, accurate, and fully licensed lyrics. LyricFind's in-house premium reporting infrastructure precisely tracks and pays royalties to songwriters and rights holders on a song-by-song and territory-by-territory basis. LyricFind's solutions include LyricIQ: a set of innovative data analysis and filtering tools. Designed to dive into the lyrical content of songs, LyricIQ uses a mix of AI and manual analysis to provide a deeper understanding through lyrics and give businesses more control over their product offering. In 2021, LyricFind launched Automated Lyric Videos, a platform that generates lyric videos in seconds. For more information, please visit https://www.lyricfind.com/. Contact Details Kite Hill PR Dorianne Kaboya dorianne@kitehillpr.com

May 11, 2023 10:33 AM Eastern Daylight Time

Article thumbnail News Release

mesoestetic® Selects ToolsGroup AI-Powered Planning To Support Burgeoning Business and Maximize Customer Satisfaction

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by mesoestetic, a global leader in the medical cosmetics and aesthetic medicine sector, to support the company’s massive business expansion while maintaining a premier customer experience. Founded in Spain in 1985, mesoestetic has grown from a distinguished pharmacy into a world leader in cosmeceutical and nutraceutical products, medical devices, and aesthetic medicine treatments. Its prolific product line – developed in close collaboration with hospitals, universities, and experience specialists – is available in 105 companies. It has a network of 94 official distributors, and 87% of its sales are international. “Thanks to the superior quality of our products, we are experiencing increasing customer demand, propelling us into the international market and spurring tremendous growth,” said Daniel Lancho Navarro, Operations Director at mesoestetic. “We needed a supply chain planning solution with unmatched forecasting to lay the foundation for customer-centric inventory and replenishment planning. Moreover, we built our business on collaborating with the leading minds in our sector. We wanted to carry this same spirit of collaboration and focus on continuous improvement into our supply chain revitalization. With its innovative AI and powerful automated solutions, ToolsGroup was the obvious choice for a supply chain collaborator who could refine our internal processes, support our continued business expansion, and maximize consumer satisfaction worldwide.” Focused on driving business performance and exceeding customer expectations, mesoestetic selected ToolsGroup Service Optimizer 99+ (SO99+), which includes Demand Planning & Forecasting, Inventory Optimization, and Replenishment. Armed with a unique, machine-learning-enhanced forecasting engine, SO99+ predicts and adapts to changes in demand for pinpoint forecast accuracy. It aligns inventory and replenishment plans with operations, improving and accelerating decision making so companies can hit business goals while increasing market share and boosting customer loyalty and satisfaction. “Amid increasing supply chain complexity, organizations are recognizing the tremendous growth potential inherent in the new economic landscape,” remarked ToolsGroup CEO, Inna Kuznetsova. “As AI and automation transition from novel to necessary, we see growth-oriented companies embracing collaborative processes and the latest technological innovations to drive profitable, customer-centric practices. That’s why we’re delighted to partner with mesoestetic on this supply chain transformation journey towards sustained business growth, higher profitability, and continued customer service excellence.” How can ToolsGroup enhance your supply chain management processes? Find out straight from our customers here. About mesoestetic At mesoestetic we are committed to bringing confidence, clarity, and scientific rigor to the world of beauty. From our beginning, 35 years ago, we have been committed to creating products of the highest quality and effectiveness backed by the results of numerous studies. We design home, aesthetic cabin and aesthetic medicine treatments to offer anti-aging, anti-acne, body reshaping, sun protection, and depigmenting solutions, where we are world leaders. We are a pharmaceutical laboratory that we design and produce at our headquarters in Viladecans (Barcelona). This differential factor is essential to guarantee the efficacy, quality and safety of all the treatments we develop, allowing us to control and take care of each step of the value chain. Thanks to all this, doctors, aesthetic professionals, consumers, and skincare experts trust us in more than 90 countries. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

May 11, 2023 10:30 AM Eastern Daylight Time

Image
1 ... 248249250251252 ... 614