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NAMEPA’s Maritime Sustainability Passport Awarded to Tidewater

North American Marine Environment Protection Association

Carleen Lyden Walker, Co-Founder and Executive Director of the North American Marine Environment Protection Association (NAMEPA) announced that NAMEPA will be awarding their new member, Tidewater (NYSE: TDW), the “Maritime Sustainability Passport” (MSP) Certificate and Seal. The MSP is awarded to companies, organizations and individuals who meet the requirements of the program which encompasses each of NAMEPA’s six Transparency Pillars in its Corporate Social Responsibility/Environmental, Social and Governance (CSR/ESG) metrics. Tidewater is dedicated to meeting their ESG goals not only to satisfy their shareholders but all stakeholders, clearly demonstrated through successfully passing the MSP evaluation. Jason Stanley, Tidewater’s Vice President of ESG said, “As a company with a long history of operating responsibly and sustainably, we have been pleased to take the opportunity to improve our transparency by sharing what we have been doing to protect the environment and positively impact the communities in which we work around the world. We are proud to have received this important recognition of our commitment to sustainability from the team at NAMEPA.” Tidewater, the company with one of the largest offshore support vessel fleets globally, is the fourth company and first offshore service vessel company to be awarded the Maritime Sustainability Passport Certificate and Seal. Tidewater has demonstrated strong progress in developing programs and policies to support their ESG efforts and were awarded the MSP by completing all phases of the program, including supplying supporting documentation for its claims. A team of assessors evaluated their submission to determine whether they meet the CSR/ESG program’s criteria, which, upon approval, made them eligible to receive the MSP Certificate and Seal. Dedicated to protecting the safety of its employees, building strong community relationships and maintaining awareness of potential environmental impact all while promoting strong business ethics, Tidewater is a positive influence in the Maritime Industry. Tidewater has an exemplary reputation for providing their customers with exceptional service while maintaining safe and environmentally responsible operations, clearly aligning with NAMEPA’s mission to promote industry best practices and to Save Our Seas. NAMEPA congratulates their member on successfully fulfilling the requirements for their CSR/ESG Program and looks forward to continuing to work together to Save Our Seas. The MSP Seal is used to signify the participant met or exceeded the program’s benchmarks, which offer basic guidelines for the maritime industry along with a Tool Kit to help achieve them and develop best practices using CSR/ESG principles. Some of the program’s benefits include increased efficiency, stakeholder visibility and positive global impact and social license. “The maritime industry is rapidly recognizing the importance of demonstrating its commitment to sustainability” stated NAMEPA Chairman Joe Hughes, CEO and President of the Shipowners Claims Bureau. “NAMEPA identified the need to provide the industry with a standard guideline of expectations relating to a company’s efforts in CSR/ESG. We are pleased to provide this tool for the industry to support its efforts towards sustainability.” NAMEPA is extremely proud of its contribution to the maritime industry, as its CSR/ESG program is the first known standards program developed specifically for the maritime industry, winning the 2021 Green4Sea Initiative Award for its significant contribution towards greener shipping. Tidewater owns and operates one of the largest fleets of Offshore Support Vessels in the industry, with over 65 years of experience supporting offshore energy exploration and production activities worldwide. To learn more, visit www.tdw.com. The North American Marine Environment Protection Association (NAMEPA) is a marine industry-led organization of environmental stewards preserving the marine environment by promoting sustainable marine industry best practices and educating seafarers, students and the public about the need and strategies for protecting global ocean, lake and river resources. Visit us at: www.namepa.net Contact Details Morgan Marketing & Communications Carleen Lyden Walker +1 203-260-0480 c.walker@morganmarketcomm.com Company Website https://namepa.net/

June 27, 2021 05:48 PM Eastern Daylight Time

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7SIGNAL Introduces Groundbreaking Wi-Fi Experience Score for Enhanced Digital Experience Monitoring and Management

7SIGNAL

Patent-pending 7MCS TM score within Mobile Eye ® allows IT and network teams to monitor endpoint connectivity problems more efficiently by automating and simplifying the analysis of complex Wi-Fi health standards. 7SIGNAL ®, the leader in wireless experience monitoring, has developed a universal, cross-platform innovation called 7MCS: A metric that measures the quality of a Wi-Fi connection based on the unique capabilities of any Windows, MacOS, Android and Linux device. Using the 7MCS wireless experience score, network and IT teams can eradicate the use of inefficient Wi-Fi troubleshooting tools and deploy a monitoring solution that saves time and resources. The revolutionary metric gives users the universal capability to accurately pinpoint connectivity issues, using predictive analytics to determine whether the endpoint will deliver an adequate wireless experience. Furthermore, the groundbreaking score factors in each client’s unique capabilities, using elements such as device age and maximum performance potential. “7MCS finally levels the playing field for Wi-Fi engineers and IT personnel,” said Jim Vajda, Vice President and Chief Wireless Officer at 7SIGNAL. “Devices on an enterprise network can be as different as a brand-new sports car and a 60-year-old pickup truck: The capabilities and performance expectations are completely different. IT teams are left with determining whether the Wi-Fi connection is a culprit, or the device is simply operating at its maximum capacity. 7MCS determines, cross-platform, whether a user is having a ‘good’ Wi-Fi experience based on an individual device’s expected performance.” The existing Modulation Coding Scheme ( MCS ) index, a measure of various Wi-Fi connectivity metrics, provides engineers with a zero to eleven (0-11) score when evaluating wireless experience. However, it has historically faced a detrimental blind spot with Windows devices. 7MCS provides previously unavailable insight into connectivity of Windows devices, while also considering the unique capabilities of the individual device with real intelligence for a more comprehensive data point. “The speed and performance of devices have ranged so greatly that, before now, it was difficult to accurately judge the quality of Wi-Fi capabilities—a bane of enterprise IT teams,” said Simon Renouf, Vice President of Product at 7SIGNAL. “Now, with the 7MCS score, engineers can get an accurate picture of a specific device’s wireless experience potential and solve connectivity issues much faster.” The 7MCS wireless experience score is part of the June 2021 release of Mobile Eye and will be accessible by all current subscribers upon its release. About 7SIGNAL 7SIGNAL ® is the leader in wireless experience monitoring, providing insight into wireless networks and control over Wi-Fi performance so businesses and organizations can thrive. Our cloud-based wireless network monitoring platform continually tests and measures Wi-Fi performance at the edges of the network, enabling fast solutions to digital experience issues and stronger connections for mission-critical users, devices and applications. Learn more at www.7signal.com. Contact Details Madison Filipiak +1 216-812-3954 madison.filipiak@pr2020.com

June 25, 2021 09:00 AM Eastern Daylight Time

Strategic Communications Announces Exclusivity with Data Encryption Cyber Security Software Firm, DAtAnchor, Inc.

Strategic Communications

Strategic Communications, a cloud services and IT solutions integrator recently signed an exclusivity agreement with cyber security provider DAtAnchor. "We are very excited about our new partnership with DAtAnchor", said Chris Mills, Director of Sales for Strategic Communications. “Adding DAtAnchor’s encryption software, Anchor, is an important evolution of Strategic’s cloud security portfolio available to our customers. Doxware and Ransomware attacks are becoming more prevalent with government agencies and corporations. Anchor’s transparent, yet persistent encryption makes it very easy to safeguard sensitive data from bad actors.” DAtAnchor: Crypto-Technology for Ransomware and Doxware Protection Ransomware is used to lock up data and make organizations pay a ransom to regain access. Ransomware has now evolved into something even more dangerous called Doxware. A Doxware attack not only keeps your data from you, but also threatens to publish the most sensitive data on Leak Sites or the Dark Web unless you pay a ransom. “Even then, government and commercial organizations will never really know if their data will be ransomed again after being extorted the first time”, said Jake Cleveland, General Manager at DAtAnchor. Built on a Zero-Trust framework, DAtAnchor has developed a crypto security technology designed to allow data security to travel with the data, while providing an organization full data governance control and automatic revocation. Should data be used outside of the organization’s governance of use perimeters, the data automatically is rendered un-readable as ciphertext. DAtAnchor also provides geofencing and geolocation for data. This is critical in preventing data loss from cyber criminals who utilize Ransomware and Doxware attack techniques. In addition, DAtAnchor deploys light-weight Data Security Agents or DSAs. The DSA interprets encryption type and any access control authorizations of the data, and can unlock the encryption keys for authorized users. These DSAs have a unique certificate of authenticity – this means data without the correct DSA is unreadable, providing yet another security authentication layer to keep your data safe. Doxware Ransomware Prevention “We are ecstatic to be working with Strategic Communications to prevent data from being used against a government agency during a Doxware attack”, said Cleveland. “It is estimated that an organizations will be attacked every 11 seconds costing over $20 billion dollars in 2021. These attacks continue to happen because organizations fail to recognize the risk and the determination of the attackers.” Recent ransomware attacks on Washington D.C Police, Scripps Healthcare, Health Center Partners of Southern California, and Quanta Computer demonstrate the need for DAtAnchor's unique capabilities. "We are seeing how these kinds of attacks cripple businesses of all sizes and industries", said Mills. "Out of the total number of organizations that paid the ransom, only 8% retrieved all of their data. It goes to show that even paying the criminals will not guarantee the integrity of your digital assets". DAtAnchor Doxware Security Available on Strategic's Government Contracts As a Woman Owned Small Business (WOSB) and Minority Business (MBE), Strategic Communications holds multiple Federal, State and Local government contracts for technology solutions. "We really cover the entire spectrum from a technology and professional services perspective", said Blake Kelly, Cloud Sales Manager for Strategic Communications. "On the Federal side, our contracts with NASA SEWP V, NITAAC CIO-CS, Army ADMC-3 & ITES-SW2 and GSA enables Strategic to design and deploy hundreds of IT systems, AV platforms and Cloud solutions. For State and Local government clients, our NASPO ValuePoint Cloud Solutions contract allows Strategic to provide hundreds of pre-competed cloud and security services to IT departments. With our exclusive agreement with DAtAnchor, now our government clients have a solution to protect them against doxware attacks and other forms of ransomware." Contact Us for More Information To find out more information on DAtAnchor's Doxware and ransomware security solutions, please contact Strategic Communications by visiting our "Contact Us" page at https://www.yourstrategic.com/contact-us! Contact Details Danny Herron +1 502-813-8022 dherron@yourstrategic.com Company Website https://www.yourstrategic.com

June 25, 2021 08:05 AM Eastern Daylight Time

The Latest in Memory Technology Trends from TechInsights and Jeongdong Choe

TechInsights

TechInsights announces that Dr. Jeongdong Choe will be presenting a webinar titled: Memory Technology Highlights from TechInsights 2021. Two broadcasts are scheduled for June 29 th; the first at 6am UTC, and the second at 3pm UTC. Due to strong - and growing - demands for memory chips from the storage, mobile, and AIOT markets, major memory players are striving to increase density and performance, reduce manufacturing cost, and develop new and innovative technologies for each generation. TechInsights has been tracking down and digging into them, including technology trends and innovative process and design changes on DRAM, NAND Flash, and emerging memory devices such as STT-MRAM, ReRAM, FeRAM and 3D XPoint Memory. Dr. Jeongdong Choe, one of the world’s foremost experts on advanced memory technology devices, will provide an overview of the latest developments from Samsung, Micron, SK Hynix, Western Digital, KIOXIA, YMTC, Intel, Sony, and others. With so much disruptive technology entering the market in recent days - for example, the 112L Kioxia/WD NAND Flash, the 2nd Gen Intel X-Point die, and the Micron Z41C die (1st sub-15 nm DRAM) - this is sure to be a well-attended event. Reserve your spot here. About Us TechInsights - Global Leader in Technical Intelligence and Intellectual Property TechInsights maintains the world's largest database of semiconductor and advanced technology analysis and are dedicated to building the content platform for the semiconductor industry. By revealing the innovation others cannot inside the broadest range of advanced technology products, we prove patent value and enable business leaders to make highly informed, fact-based IP and technology investment decisions. Headquartered in Ottawa Canada, with offices in the United States, Poland, and Japan. For more information about TechInsights, visit the website. Contact Details Kim Waterman Manager, Content and Campaigns +1 613-576-0145 kwaterman@techinsights.com

June 24, 2021 03:35 PM Eastern Daylight Time

Updating Video: CIPIO Appoints Serial Data & AI Entrepreneur Sundeep Sanghavi as CEO & Silicon Valley Media Tech Veteran Dipak Patel as CMO to Humanize Digital Subscriptions.

CIPIO.ai

CIPIO, an AI company that is Humanizing Subscriptions TM, today announced the appointment of Sundeep Sanghavi as its CEO and Dipak M. Patel as CMO & EVP of Strategic Initiatives. Sanghavi, a seasoned entrepreneur who has successfully founded, built, and sold four Big Data and AI companies and has invested in multiple digital oriented startups, including CIPIO. He is renowned for his obsession with data and pioneering successful AI-led business transformations across industry verticals, including global subscription and services related enterprises. Patel, prior to joining CIPIO, was most recently chartered to create and execute innovation and go-to-market models for TiVo’s IP business. And, as the Co-Founder & CEO of Zeality, Inc., Dipak built the industry’s first immersive media streaming platform. Over 25 years in Silicon Valley, Dipak has held numerous executive, go-to-market, advisory, and board positions, including G-Technology, Western Digital’s premier Media Technology storage solutions. “We’re experiencing exponential growth by onboarding great partnerships like Zype, InteliVideo, and Jonas Fitness. Globally, there are billions of subscriptions that need to be activated. To meet the demand, we’re adding powerhouse leaders like Sundeep and Dipak to our already stellar team.” said Growson Edwards, Co-Founder, and COO of CIPIO. “As experienced investors, founders, & executives, they both understand what it takes to build and scale AI, big data, and media tech companies. The CIPIO team is excited to reframe the world around Humanizing Subscriptions TM.” The global pandemic sent the world’s population into a scramble to find new ways to experience media & entertainment, teach & learn, and lead healthy lifestyles. These drivers led to a 300% growth in digital subscription activation globally. “As digital subscription growth continues to skyrocket, we believe every subscription needs a brain,” expressed Dipak M. Patel, CMO, CIPIO. “Without one, subscriptions become disposable because they’re not able to see and hear us, learn from us, and respond to our needs and feelings. We are Humanizing Subscriptions TM by giving every single subscription a brain.” By Humanizing Subscriptions TM, CIPIO empowers digital organizations to enhance the experience throughout the subscriber’s journey, including conversion from free to premium, proactively retain, and optimization of content acquisition costs. “I am obsessed with how data can truly serve humanity. Over the past year, we’ve seen a need to connect people in new ways,” said Sundeep Sanghavi, CEO, CIPIO. “As an investor and founder of multiple AI companies, CIPIO presents an opportunity to a game-changing influence on how the world interacts with their digital experiences. I’m excited to join a phenomenal team of technologists, market makers, and influencers that shares our passion for Humanizing Subscriptions TM.” About CIPIO CIPIO provides the leading patent pending AI technology platform that Humanizes Subscriptions TM for digital organizations. By bringing together human, machine, and domain data, CIPIO arms organizations with capabilities to sense, learn, predict and recommend digital experiences to strengthen the subscriber and subscription relationship. CIPIO impacts both the top and bottom line financials for some of the world’s leading brands such as Zype, InteliVideo, and Jonas Fitness. To learn more about CIPIO, visit www.cipio.ai Contact Details CIPIO Media Relations +1 925-548-7779 anita@cipio.ai Company Website https://cipio.ai/

June 24, 2021 02:55 PM Eastern Daylight Time

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Comcast Business Delivers Deluxe Viewing and Connectivity Solutions to Make Rally Hotel Guests Feel at Home

Comcast Colorado

Comcast Business today announced it is providing Rally Hotel with services that will improve the guest experience, including customized TV viewing experiences and options to keep guests connected to their home away from home. The Comcast Business solutions include X1 Hospitality, along with a 2 Gig Ethernet Dedicated Internet (EDI) connection and a 500 Mbps EDI circuit. The solutions will span the hotel’s 182 rooms, as well as its 17,000 square foot outdoor plaza, rooftop pool, bar, event spaces and more. Located in the heart of Denver, the newly opened Rally Hotel offers modern comfort and amenities while putting its guests directly in the center of the exciting LoDo neighborhood. Guests can enjoy unique local attractions before or after they head back to their rooms for a comfortable place to relax and unwind. From the dramatic views on the skybridge rooftop and pool deck to the inventive and playful culinary options to the 21,000 square feet of private event space, The Rally Hotel is the perfect destination for leisure, business, weddings and more. “When it comes to booking a hotel stay, travelers aren’t just looking for a place to rest their heads anymore – they want truly immersive experiences that feel unique to them,” said Tiffany Owen, General Manager, Rally Hotel. “One of the main reasons we partnered with Comcast Business was because we knew they could help us fulfill this need and allow us to create tailored experiences from check-in to check-out.” Comcast Business’ X1 for Hospitality solution makes it simple for Rally Hotel staff to activate, reset, and clear guest-room video devices at check-in or check-out via the Hospitality Management System portal available with X1. Additionally, Rally Hotel can add its logo to the X1 menu and include local On Demand content, like property amenities. As a result, guests can access live TV, their streaming and music apps, as well as On-Demand shows and movies at no extra cost. Easy navigation tools allow them to search for content, get viewing recommendations and rewind live TV with the support of a voice-enabled interactive guide. Meanwhile, the hotel’s 2 Gig EDI connection and 500 Mbps EDI circuit will enable reliable, high-speed connectivity for guests and hotel staff alike. “Technology has become a critical element to delivering high-quality travel experiences, especially in venues like Rally Hotel where people are looking to both decompress and be entertained,” said Robert Thompson, Vice President of Comcast Business for Comcast’s Mountain West Region. “We are pleased to work with Rally Hotel to help keep visitors to the city of Denver feeling comfortable and entertained during their entire stay.” For more information, please visit https://business.comcast.com/denver. About Comcast Business Comcast Business offers a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless, and Managed Solutions to help organizations of different sizes prepare for what's next. Powered by the nation's largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation's largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and 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 Rally Hotel An anchor of McGregor Square, Denverâs new downtown playground, The Rally Hotel is more than just a place to stay. Adjacent to Coors Field, home of the Colorado Rockies, The Rally combines modern hospitality with lively local spirit. Inside youâll find 182 inviting accommodations ranging from cozy rooms to spacious suites. The hotelâs restaurants and bars bring the cityâs cutting-edge culinary scene to you, and the skybridge rooftop and pool deck is the perfect place to soak up some sun â and striking views. With expansive and adaptable event space, The Rally is perfect for both intimate gatherings and grand events. The Rally inspires the playful side in all of us â start your Denver adventure here. Learn more at www.therallyhotel.com. Contact Details Comcast Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

June 24, 2021 08:30 AM Mountain Daylight Time

New Partnership, New Application, New Hope – GTL and Families of the Incarcerated (FOTi) Partner to Offer Guidance and Support

GTL

FOR IMMEDIATE RELEASE GTL, a trusted partner that connects those affected by incarceration with the resources and support necessary to achieve success, today announced that it has partnered with Families of the Incarcerated (FOTi) to create a new smartphone application that will help families and friends connect with each other and find guidance during a difficult period in their lives. “Incarceration is traumatic for absolutely everyone touched by it, and as a wife of an incarcerated individual, I know firsthand how few resources are out there to offer support and help to those that need it most,” said Kehaulani Walker, FOTi Founder. “Incarceration does not define who I am or who my husband is, and families and friends need to be reminded of that. They need a community to help them navigate this harrowing journey because support is imperative in making it through to the other side. That is why I created FOTi and have spent the past several years doing everything I can to build a community, to gain trust, and to advocate on behalf of those who feel like they have no voice.” Mrs. Walker created FOTi more than five years ago, growing it from one social media group to over 36 separate social media support groups and uncountable families and friends across the nation. There are 2,500 families as members of the Washington State support group alone, showing how prolific FOTi support has become. Mrs. Walker is also a member of over 900 prison reform groups, gathering information and providing guidance to those that need it the most. As the founder of FOTi, Mrs. Walker has joined with GTL to create a smartphone application that will bring all the resources, support, information, and community inside one central repository. The app will offer information on hundreds of facilities across the country, include a forum section for questions and answers, and eventually offer more features that allow users to better connect with others that understand what they are experiencing. “We often discuss technology as transformational for incarcerated individuals and for correctional facilities, but it is also vital for families and friends that are separated from their loved ones,” said Matthew Caesar, GTL Executive Vice President, Customer Solutions. “Mrs. Walker has done something extraordinary—she has become an advocate for a population she never imagined joining. GTL is thrilled to partner with FOTi to not only build an application whose impact will reverberate across the country but also bring community to the incarceration experience for both incarcerated individuals and their families and friends.” “What drew me to GTL was their compassion,” continued Mrs. Walker. “They treated me, and our community, with respect. They want to give back and help people through the development of this app. I believe in GTL’s mission and vision, and I believe that by working together, FOTi can become an invaluable resource to the millions of families and friends waiting for their loved ones to return home.” ### About GTL For over 30 years, GTL has worked side-by-side with correctional facilities and government agencies to provide imperative technology solutions to over 1.2 million incarcerated individuals across the globe. These solutions facilitate meaningful connections, provide educational opportunities, enable successful reentry, and strengthen operational efficiency. GTL is headquartered in Falls Church, Virginia, with an employee presence throughout North America and was recognized as a 2021 Top Workplace USA by Energage. To learn more about GTL, please visit www.gtl.net, Facebook, Twitter, LinkedIn, and YouTube. About Families of the Incarcerated (FOTi) Families of the Incarcerated (FOTi) was created to offer guidance and assistance to families as they navigate the realities of incarceration. Through successful social media platforms, FOTi has built a system of community and support groups that enable families to share their beliefs, concerns, information, and emotions with others that understand their situation. Contact Details GTL Stephanie Putt +1 814-414-4113 media@gtl.net Company Website http://www.gtl.net/

June 24, 2021 10:09 AM Eastern Daylight Time

Spotlight Sports Group Names Dan Pozner Vice President of Content

Spotlight Sports Group

Today, Spotlight Sports Group, owner of Pickswise, the fastest growing independent sports betting content provider in North America, announced Dan Pozner as its new Vice President of Content. Pozner will be responsible for enriching and expanding Pickswise’s preeminent sports betting content across video, audio, data and editorial channels. He is also tasked with cultivating a new roster of talent including guest contributors, video hosts and sports betting experts. Pozner joins Spotlight after a decade at NBC Sports, where he most recently served as the Director of Gambling Content. Seizing upon the growth opportunities for legalized betting in America, Dan played a pivotal role in helping NBC Sports develop and launch its sports betting capabilities through free-to-play games, unique multi-platform content and the editorial integration of odds on linear television. “The American sports betting market continues to change rapidly, but the one constant is a strong demand for quality content that educates, informs and inspires bettors,” said Harry von Behr, managing director of Spotlight Sports Group. “Dan’s experience in building betting brands and creating successful content, including podcasts and managing partner bookmaker relationships, is an enormous asset to Pickswise as we continue to grow into one of America's top sports betting sites.” Pozner brings additional leading industry experience to Spotlight’s expanding American-based team, including newly hired sports betting experts from PointsBet, DraftKings and Vixio Gambling Compliance. “The landscape for sports betting content in America is extremely competitive with media companies, experts and influencers all competing for the attention of this growing and engaged audience” said Pozner. “I was immediately drawn to Pickswise’s aggressive approach to expansion in the US market through educating and entertaining sports bettors with free, accessible data-driven insights without the need for a paid subscription. Pickswise is the ultimate first-step destination for sports bettors looking to make stronger and more informed bets and I’m looking forward to expanding and innovating Pickswise’s growing and trusted content portfolio.” For more information on Spotlight Sports Group please visit https://www.spotlightsportsgroup.com/en_us/. ABOUT SPOTLIGHT SPORTS GROUP Spotlight Sports Group delivers distinctive sports betting experiences through their own brands and partnerships with the world's biggest betting operators and media owners. Global growth is driven by delivering premium independent sports betting content, marketing partnerships and publisher solutions. Evolved from the Racing Post, Spotlight Sports Group, through Pickswise is now the fastest growing independent sports betting content provider in the US. Contact Details Hot Paper Lantern Michael Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://www.spotlightsportsgroup.com/en_us/

June 24, 2021 10:01 AM Eastern Daylight Time

UPDATE: Timber Exchange urges exporters to Egypt to prepare for the October transition to the new customs platform

Centersource

(Update: The Ministry of Finance announced an effective date change to October 1) While Egypt’s new advanced cargo information (ACI) system is expected to streamline regulatory requirements for importers, the new system represents a significant departure from the current customs system. B2B supply chain platform with marketplace and market data Timber Exchange by Centersource is reminding timber exporters and other companies shipping to Egypt to prepare for the transition. Effective October 1st, Egypt’s unified registration system, called NAFEZA, will become the only means of processing maritime imports into the country. The new regulation will require exporters to submit all cargo data and documents (commercial invoices, packing lists, and final or initial bills of lading) with 3 additional unique elements: ACID number representing the shipment, Importer taxation ID, Exporter registration number upon vessel’s sailing from Port of Loading. If documents indicate wrong or mismatched numbers, cargo will be banned from being loaded on board. Furthermore, all exporters must be registered on CargoX’s blockchain-document-submission platform. Other processes that exporters should be aware of include: 1. Exporters are responsible for providing importers with accurate information: • Exporter’s company cargo ID. • Exporter’s type (whether it is a factory, branch, etc.) • Correct details of the contact person. • Clear details of Proforma Invoice including GS1 code or part/item number & HS code. 2. Create and verify a CargoX account. 3. Ensure that verified ACID 3 elements are added on required documents. 4. Create an ACI filing envelope & submit it to Customs authorities in Egypt through CargoX or through one of its integrated partners such as Timber Exchange by Centersource Technologies. In addition, exporters should be aware of the Importer's responsibilities, which include: 1. Importers will have to register an account on the electronic portal, NAFEZA. 2. Importers must register primary and detailed information about the shipment in order to apply for the issuance of ACID number. Failure to meet ACI requirements could cost exporters. In a scenario where the cargo is loaded onto the ship, but the documents were not submitted in time or one or more of the three elements are missing or miss-matched, the cargo will not be discharged in Egypt, and all re-export costs will be borne by the carrier. In the final months before the mandatory operation phase of NAFEZA, Centersource is working to bring the timber industry up to speed to avoid any disruption. Centersource’s founder and CEO Amir Rashad is available to talk about what exporters to Egypt can do to prepare for the next phase of NAFEZA. Amir and his team of 30 logistics professionals are also available to discuss the ways in which Timber Exchange is creating trading opportunities across challenging markets, and helping exporters overcome language and regulatory barriers. To speak with the Timber Exchange team, contact Mai Taha at mai@centersource.io or Jéssica Sanduta at jessica@centersource.io. About Timber Exchange Timber Exchange is a supply chain and risk management cloud-based system by Centersource Technologies offering supply chain tools, market data and marketplace. The platform is built specifically for the unique needs of the forestry industry to drastically improve overall performance and coordination. 80 smart tools in 5 languages cover all steps from inquiry of cargo until it arrives at destination. This allows stakeholders to manage sales, logistics and legal obligations from a central workspace that automatically creates tasks and warnings. 40% of the work can be automated, which reduces delays and helps avoid deviations in responsibilities. Contact Details Charlie Pesti +1 267-439-4355 charlie@pesti.io Company Website https://www.centersource.io/

June 24, 2021 07:30 AM Eastern Daylight Time

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