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Flash Names Jim Zeitunian Chief Technology Officer

Flash

Flash, the leader in parking and mobility technology, today announced the hiring of Jim Zeitunian as Chief Technology Officer (CTO). Over his decades-long career, Zeitunian has led the transformation of hardware and software firms into AI-forward technology innovators. As CTO of Flash, he will drive innovation and advancement of the digital parking ecosystem powering Flash’s parking management platform. "Now is a pivotal time in parking and mobility innovation, and Jim's track record of modernizing legacy industries through AI and cloud technologies aligns perfectly with Flash's vision," said Dan Sharplin, Flash's CEO and Chairman. "His expertise in scaling AI platforms will accelerate our transformation of the parking experience, from expanding our AI-enabled Vision camera network to deepening integrations with consumer apps like ParkMobile. Jim's leadership will be instrumental in building the intelligent mobility infrastructure of tomorrow." Zeitunian joins Flash with a distinguished career in technology leadership, including most recently as CTO of Powerfleet, where he transitioned a traditional fleet management business into a data-driven SaaS powerhouse. Earlier in his career, he developed enterprise SaaS platforms at Coupa Software and Thomson Reuters, gaining unique insight into scaling complex technology ecosystems for Fortune 500 businesses. "The parking industry is ready for an AI-driven revolution, and as a pioneer in parking and mobility technology, Flash has positioned itself to lead it," said Zeitunian. "We’re creating an intelligent parking network that will fundamentally change how people and vehicles move through urban spaces. The opportunity to join Flash's talented team to scale this vision globally is incredibly exciting." In the CTO role, Zeitunian assumes leadership of Flash's global engineering, product management and design, and quality assurance teams and reports to Flash president Chris Donus. Priorities include expanding Flash's AI capabilities across its product portfolio, scaling the company's cloud-based operating system to support growing transaction volumes, and accelerating the integration of parking, EV charging, and mobility services into a unified digital experience. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations — connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress from driving. The solution has arrived. Visit www.flashparking.com to learn more. Contact Details Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

February 03, 2025 12:00 PM Central Standard Time

Travel & Cruise Expert Colleen McDaniel Teams up with Norwegian Cruise Line to Discuss Planning Your 2025 Vacation ahead of National Plan for Vacation Day

YourUpdateTV

With 2025 underway, frigid temperatures gripping much of the country and National Plan for a Vacation Day (January 28, 2025) around the corner, it’s the perfect time to start planning that next vacation. Recently, Travel Expert and Editor-in-Chief of Cruise Critic, Colleen McDaniel, teamed up with Norwegian Cruise Line on a nationwide satellite media tour to discuss the top travel destinations for 2025, why cruising is a great option for family travel, and the latest cruise deals. A video accompanying this announcement is available at: https://youtu.be/rJLa1jBy8SE Right now, Norwegian is offering 50% off all cruises, combinable with its all-new More at Sea package, which includes more guest favorite amenities such as unlimited open bar, specialty dining, high-speed Wi-Fi, shore excursion credits, kids sail free on select voyages and more for the ultimate cruise deal with over $2,000 in added value. For even more savings, Norwegian’s new resident rate promotion offers an additional 20% off select Bahamas and Caribbean voyages sailing through April 30, 2025 for residents of Florida, California, New York, Texas, and Louisiana. Through April 2025, Norwegian will have 13 ships sailing the Caribbean, offering families more to enjoy with port-packed itineraries to tropical beach destinations. Departing from 10 convenient U.S. homeports, including New York, Miami, Orlando, New Orleans, and Los Angeles, travelers can easily access stunning beach getaways. The recently renovated Norwegian Encore, which will sail seven-day Caribbean voyages from Miami through March 2025 and again in the fall, features the exciting Encore Speedway, a two-story thrilling racetrack at sea, along with the Galaxy Pavilion virtual reality complex and a revamped adults-only Spice H2O outdoor lounge. Families can also enjoy expanded dining options, redesigned suites in The Haven—NCL’s exclusive ship-within-a-ship luxury experience—and a variety of family-friendly attractions, including an Aqua Park with multi-story slides and Splash Academy Youth Activities for kids. For those looking for the latest and greatest experiences at sea, NCL’s newest ship, Norwegian Aqua, will debut in April 2025. The ship will offer Caribbean voyages from Port Canaveral and Miami, Fla. as well as itineraries to Bermuda from New York. Norwegian Aqua introduces the world’s first hybrid rollercoaster and waterslide, the Aqua Slidecoaster, which propels guests through thrilling twists and turns around the ship’s funnel. The ship also features the Glow Court, a digital sports complex with an interactive LED floor that transforms into a nightclub in the evening, along with 17 restaurants, including NCL’s first Thai restaurant—Sukhothai, and 18 bars and lounges. For entertainment, guests can enjoy “Revolution: A Celebration of Prince,” an immersive tribute show honoring the legendary artist. For families looking for a quick getaway, NCL also offers two-to-four night voyages to the Bahamas that include a visit to Great Stirrup Cay, Norwegian’s private island in the Bahamas. The island offers a variety of activities, including snorkeling, ziplining, and swimming with pigs, along with beautiful white sand beaches and exclusive dining options. To learn more and start planning your next cruise, visit NCL.com About Colleen McDaniel Colleen McDaniel is Editor-in-Chief of Cruise Critic, the world’s largest online cruise resource. She considers cruising to be a true passion, having traveled the world by water – from Alaska, the Caribbean and Hawaii, to Europe’s rivers, Antarctica and Africa – on ships of all shapes and sizes. She’s regularly quoted as a cruise expert in media outlets across the country, including outlets like The Associated Press, Good Morning America, CNN, FOX Business, CNBC, The New York Times, Travel + Leisure and Skift. Cruise Critic is the world’s largest cruise reviews and information site, offering a comprehensive resource for cruise travelers -- from first-time cruisers to avid cruise enthusiasts. The site features more than 50M+ opinions, reviews & photos and hosts the world's largest online cruise community. Cruise Critic is a subsidiary of Tripadvisor, Inc. About Norwegian Cruise Line As the innovator in global cruise travel, Norwegian Cruise Line has been breaking the boundaries of traditional cruising for 58 years. Most notably, the cruise line revolutionized the industry by offering guests the opportunity to design their ideal vacation on their preferred schedule with no assigned dining and entertainment times and no formal dress codes. Today, the company invites guests to ‘Experience More at Sea’ by providing them with more to see, more to do, more to enjoy, and more value on their vacation. To further deliver guests with more value, NCL’s ‘More At Sea™’ package provides added benefits and inclusions such as unlimited open bar; specialty dining credits; high-speed Wi-Fi; shore excursions credits; as well as free airfare and third and fourth guests sail free on select sailings. Its fleet of 19 contemporary ships sail to 450 of the world's most desirable destinations, including Great Stirrup Cay, the company's private island in the Bahamas and its resort destination Harvest Caye in Belize. Norwegian Cruise Line not only provides superior guest service from land to sea but also offers a wide variety of award-winning entertainment and dining options as well as a range of accommodations across the fleet, including solo-traveler staterooms, club balcony suites and The Haven by Norwegian®, the company's ship-within-a-ship concept. For additional information or to book a cruise, contact a travel professional, call 888-NCL-CRUISE (625-2784) or visit www.ncl.com. For the latest news and exclusive content, visit the NCL Newsroom and follow Norwegian Cruise Line on Facebook, Instagram, Tik Tok and YouTube @NorwegianCruiseLine; and Twitter @CruiseNorwegian. Norwegian Cruise Line is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. To learn more, visit www.nclhltd.com. Media Contact PublicRelations@NCL.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

January 27, 2025 09:00 AM Eastern Standard Time

Video

News Release

Groundwork BioAg and Sustainable Travel International Partner to Offer Carbon Dioxide Removal Credits for Tourism

Groundwork BioAg

Groundwork BioAg ®, the world’s largest producer of mycorrhizal inoculants, announced a new partnership with Sustainable Travel International, a global leader in sustainable tourism solutions, to offer travelers and businesses access to premium carbon dioxide removal (CDR) credits, based on the application of mycorrhizal fungi in cropland. Mycorrhizal inoculants are applied in agricultural soils to improve crop yields, save fertilizer, reduce plant stress, and improve soil health – but at the same time, these microbial products act as a natural pathway to permanently sequester carbon. This partnership aligns with Sustainable Travel International’s mission to provide programs that help travelers, businesses and destinations protect the environment, preserve cultural heritage and promote economic development. Groundwork BioAg's Rootella Carbon™ program offers high-integrity, high-volume, durable carbon credits that are independently certified and approved, providing a reliable solution for organizations seeking to meet their net-zero pledges responsibly. "By adding Rootella Carbon to our Climate Impact Portfolio, we reaffirm our commitment to promote holistic environmental stewardship so our members can visit – and protect – the places they love,” said Paloma Zapata, CEO of Sustainable Travel International. “This innovative, nature-based solution aligns with our mission to help the travel industry address its carbon liability while directly improving soil health around the world.” Sustainable Travel International’s Climate Impact Portfolio includes a wide variety of projects in different locations that generate carbon credits as they reduce or remove emissions. The portfolio includes a mix of high-quality forestry, clean/efficient energy, blue/teal carbon, and innovative climate tech projects. The demand for high-quality carbon credits is growing rapidly, with two-thirds of the world's largest companies with net-zero targets using carbon offsets to help meet their climate goals. Rootella Carbon credits stand out among durable CDR credits as a scalable solution that not only sequesters carbon in the soil but also improves crop yields, reduces chemical fertilizer use, mitigates plant stress and supports regenerative agricultural practices. Dan Grotsky, co-founder and chief growth officer of Groundwork BioAg, said, "This collaboration not only validates the effectiveness of our Rootella Carbon program but also demonstrates the travel industry's commitment to sustainable practices. Together, we are paving the way for significant carbon sequestration by enabling travelers and rewarding farmers around the world – while contributing to a healthier planet." Rooted in Groundwork BioAg’s history of helping growers improve the productivity and profitability of their farms, this partnership now gives travelers the opportunity to directly support farmers for their land stewardship while reducing their own carbon footprint. Currently under validation within the Verra VM0042 v2.0 protocol, Rootella Carbon offers farmers the opportunity to earn up to 70% of net proceeds from carbon credit sales, making it an attractive option for growers looking to diversify their income streams. This innovative approach unlocks compensation for regenerative growers who would otherwise be ineligible for carbon credits, while incentivizing conventional farmers to adopt regenerative practices. For more information about Groundwork BioAg and the Rootella Carbon program, visit GroundworkBioAg.com. About Groundwork BioAg Groundwork BioAg, a leading bioagriculture company, produces cost-effective mycorrhizal inoculants at scale to tackle food insecurity and climate change. Groundwork BioAg’s nature-based carbon dioxide removal solution leverages mycorrhizae as carbon’s main pathway into the soil and is supercharging permanent carbon sequestration on millions of hectares of commercial and regenerative farms globally. We envision the world’s cropland regenerating with mycorrhizae and every farmer benefiting from higher yields, healthier soils, fertilizer reduction, and verifiable, premium carbon credit revenue – without altering cultivation practices. Nature’s most potent carbon removal solution is now in every farmer’s hands. For more information, visit groundworkbioag.com or groundworkbioag.com/rootella-carbon. Contact Details AgTech PR for Groundwork BioAg Jennifer Goldston jennifer@agtechpr.com Company Website https://www.groundworkbioag.com

January 22, 2025 10:32 AM Central Standard Time

Flash Earns HITRUST Certification, a First in Parking Technology

Flash

Flash, the leading AI-powered parking technology provider, today announced it has achieved HITRUST Certification for its PARCS and Valet solutions, the first and only parking technology provider to earn the distinction. The achievement confirms Flash’s data security practices meet the highest standards trusted by 81 percent of U.S. hospitals and health systems. Flash's HITRUST-certified PARCS and Valet solutions align its security frameworks with those of its healthcare clients and reduce their implementation complexity and risk. The certification also gives assurance to patients, visitors, physicians and staff that their information is safe from the moment they enter the parking facility. “We have a track record of setting new standards in parking," said Flash CEO Dan Sharplin. “Our focus on reimagining the parking experience calls for putting security front and center, within and beyond healthcare. We’re also committed to a great experience for operators and owners, and this certification allows us to carry the technical burden of compliance on their behalf.” Flash PARCS and Valet solutions have earned the trust of the country’s largest medical district and from healthcare systems in major metros nationwide, including Atlanta, Boston, Chicago, Denver, Houston, New York City, Orange County, Phoenix, Pittsburgh and San Diego. Flash’s industry-leading parking technology has also earned designation as a Level 1 Service Provider by the Payment Card Industry (PCI) Data Security Standards (DSS), which it has maintained for 11 consecutive years. Its cloud-based platform can process over 500 million transactions yearly in a secure environment that limits the risk of data loss, disruption, or corruption. Operating entirely in the cloud also allows Flash to manage compliance for operators and owners, pushing security updates and routine system checks required by PCI and HITRUST standards over the air, which become operational within minutes. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use daily with garage, surface lot, event, and valet parking locations—connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress. The solution has arrived. Visit www.flashparking.com to learn more. Contact Details Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

January 21, 2025 10:00 AM Central Standard Time

Timothy Papandreou and Jack Becker to Headline Keynote Sessions at NAFA’s 2025 Institute & Expo

NAFA Fleet Management Association

Two influential thought leaders, Timothy Papandreou and Jack Becker, will take center stage at NAFA’s 2025 Institute & Expo (I&E), scheduled for April 28-30, 2025 in Long Beach, California. Papandreou, a pioneer in artificial intelligence, and Becker, a decorated military fighter pilot, will deliver keynotes that promise to inspire and equip fleet professionals with fresh perspectives on leadership and innovation. “We are thrilled to welcome both Timothy Papandreou and Jack Becker as keynote speakers for I&E 2025,” said Bill Schankel, CAE, CEO of NAFA. “Timothy’s insights into AI and its impact on fleet operations will provide attendees with a clear view of the future of the industry, while Jack’s expertise in leadership and performance will offer invaluable lessons on how to build high-performing teams and drive success under pressure. Together, their presentations will provide fleet professionals with the tools and knowledge to excel in a rapidly changing environment.” Timothy Papandreou, known for his groundbreaking work in AI and emerging technologies, will open the event with his keynote “AI: The Most Powerful Technology That Is Changing Your World Forever” on Monday, April 28. With his extensive experience as an advisor at Google’s X Moonshot Factory and a key contributor to Waymo—the world’s first autonomous vehicle service—Papandreou will explore how AI is reshaping industries and transforming fleet operations. His session will cover how AI can optimize maintenance, forecast demand, automate logistics and deliver data-driven insights to improve fleet performance. Jack Becker will take the stage on Wednesday, April 30 with his keynote “Supersonic Success.” A combat-decorated fighter pilot, Becker is a recognized expert in leadership, teamwork and human performance. In his presentation, he will share the protocols used by elite military aviators to optimize team performance under pressure. Becker’s session will introduce attendees to Crew Resource Management (CRM)—a leadership tool that can help any organization improve performance, minimize mistakes and create a culture of continuous improvement. In addition to these keynotes, NAFA will announce more education sessions and speakers in the coming weeks, ensuring a diverse and dynamic lineup for I&E 2025. With over 40 educational sessions, I&E attendees will have the opportunity to explore a variety of topics relevant to their fleet management needs. Early bird registration for I&E 2025 ends January 31, 2025. Fleet professionals who register by this date will enjoy discounted rates, ensuring access to all educational sessions, the industry’s largest Exhibit Hall, and numerous networking opportunities with peers and industry leaders. Media registration is complimentary for credentialed journalists. Prospective exhibitors are encouraged to secure their space early to ensure prime placement in the Exhibit Hall. For more information about reserving an exhibit booth, please visit NAFA’s website. Sponsorship opportunities can be secured here. This year’s current sponsors include Fleetio, Holman, Legend, Motive, RAM, Reindeer Logistics, Samsara, US Bank Voyager and Wheels. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

January 13, 2025 10:00 AM Eastern Standard Time

News Release

NAFA Announces Opening of Media Day Applications for 2025 Institute & Expo

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, is pleased to announce its Media Day event will return for a third year at the upcoming NAFA 2025 Institute & Expo (I&E), the industry’s largest gathering of fleet and mobility professionals. This year’s conference will take place April 28-30, 2025 in Long Beach, CA. Media Day will take place on Monday, April 28, 2025, at 2:30 p.m. The press-conference style event will feature back-to-back announcements from I&E exhibitors, with each company allotted a 10-minute time slot to present their breaking news, innovations or announcements to credentialed press. “Media Day continues to be an invaluable platform for exhibitors to showcase their innovations and make a significant impact with the media in attendance,” said Bill Schankel, CAE, CEO of NAFA. “We look forward to seeing the creative ways our exhibitors will highlight the advancements and innovations driving the fleet management industry forward in 2025.” This event is available free of charge to exhibitors as part of their participation in I&E 2025, adding value to their investment. Exhibitors interested in participating in Media Day can apply through the 2025 Media Day Application Form. The deadline for applications is March 12, 2025, and selected exhibitors will be notified of their acceptance by March 17, 2025. Media registration for I&E is complimentary for credentialed journalists – press can learn more and register here. I&E 2025 will bring together thousands of fleet professionals across various sectors, including corporate, government, public safety and utilities. The three-day event will feature over 40 educational sessions, ample networking opportunities, and access to the industry’s largest Exhibit Hall. Prospective exhibitors are encouraged to secure their space early to ensure prime placement in the Exhibit Hall. For more information about reserving an exhibit booth, please visit NAFA’s website. Sponsorship opportunities can be secured here. This year’s current sponsors include Fleetio, Holman, Legend, Motive, RAM, Reindeer Logistics, Samsara, US Bank Voyager and Wheels. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

January 08, 2025 10:30 AM Eastern Standard Time

NAFA Announces Opening of Media Day Applications for 2025 Institute & Expo

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, is pleased to announce its Media Day event will return for a third year at the upcoming NAFA 2025 Institute & Expo (I&E), the industry’s largest gathering of fleet and mobility professionals. This year’s conference will take place April 28-30, 2025 in Long Beach, CA. Media Day will take place on Monday, April 28, 2025, at 2:30 p.m. The press-conference style event will feature back-to-back announcements from I&E exhibitors, with each company allotted a 10-minute time slot to present their breaking news, innovations or announcements to credentialed press. “Media Day continues to be an invaluable platform for exhibitors to showcase their innovations and make a significant impact with the media in attendance,” said Bill Schankel, CAE, CEO of NAFA. “We look forward to seeing the creative ways our exhibitors will highlight the advancements and innovations driving the fleet management industry forward in 2025.” This event is available free of charge to exhibitors as part of their participation in I&E 2025, adding value to their investment. Exhibitors interested in participating in Media Day can apply through the 2025 Media Day Application Form. The deadline for applications is March 12, 2025, and selected exhibitors will be notified of their acceptance by March 17, 2025. Media registration for I&E is complimentary for credentialed journalists – press can learn more and register here. I&E 2025 will bring together thousands of fleet professionals across various sectors, including corporate, government, public safety and utilities. The three-day event will feature over 40 educational sessions, ample networking opportunities, and access to the industry’s largest Exhibit Hall. Prospective exhibitors are encouraged to secure their space early to ensure prime placement in the Exhibit Hall. For more information about reserving an exhibit booth, please visit NAFA’s website. Sponsorship opportunities can be secured here. This year’s current sponsors include Fleetio, Holman, Legend, Motive, RAM, Reindeer Logistics, Samsara, US Bank Voyager and Wheels. About NAFA Fleet Management Association NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

January 08, 2025 10:00 AM Eastern Standard Time

News Release

Car Garage Expert Launches Comprehensive Automotive Services in Dubai

Rev Up Marketers

Car Garage Expert, a leading name in automotive services, has announced the launch of its fully integrated car repair and roadside assistance solutions in Dubai. With a mission to redefine convenience and reliability for motorists, the company is set to become a trusted partner for vehicle maintenance and emergency support. The newly launched services include a state-of-the-art car garage near me offering expert diagnostics, repairs, and routine maintenance for all vehicle types. Complementing this is their 24/7 roadside assistance service, designed to provide immediate help for breakdowns, flat tires, and battery failures across Dubai. “Drivers in Dubai deserve fast, reliable, and professional automotive services,” said Muhammad Fahad Malik, CEO of Car Garage Expert. “Our integrated approach ensures that whether it’s a routine service or an unexpected roadside emergency, help is always just a call away.” Car Garage Expert aims to address the challenges of Dubai’s fast-paced lifestyle by offering seamless solutions tailored to the needs of modern motorists. With a focus on quality and customer satisfaction, the company has positioned itself as a one-stop destination for automotive care. About Car Garage Expert Car Garage Expert is a premier automotive service provider in Dubai, known for its commitment to excellence and customer-first approach. From cutting-edge car garage facilities to dependable 24/7 roadside assistanceDubai, the company delivers unparalleled convenience and peace of mind to drivers across the city. Contact Details Car Garage Expert Mian Muhammad Fahad +971 55 579 7960 info@cargarageexpert.com Company Website https://cargarageexpert.com/

January 06, 2025 10:59 AM Eastern Standard Time

Market Alert: Actelis Networks Introduces MetaShield, Pioneering AI Solutions for Critical Infrastructure Protection (NASDAQ: ASNS)

Global Markets News

Actelis Networks (NASDAQ: ASNS) has just announced the launch of MetaShield, a groundbreaking AI-based cybersecurity solution poised to redefine security protocols for IoT and critical infrastructure networks. This pivotal is representative exemplifies Actelis' visionary approach and marks a significant leap forward in its mission to enhance networks across the globe, setting a new standard in creating robust and secure IoT networks and achieving critical infrastrucutre modernization. Addressing Growing Threats to Critical Infrastructure The introduction of MetaShield is particularly significant as it directly responds to the increasing frequency and sophistication of cyber threats targeting critical infrastructure. With cyberattacks on essential systems reportedly surging by 30% in 2023, organizations across sectors are under immense pressure to bolster their defenses. MetaShield’s advanced capabilities, including real-time anomaly detection and AI-driven threat mitigation, empower Actelis to offer a proactive solution that not only secures networks but also safeguards vital operations. This focus on protecting critical infrastructure aligns Actelis with the urgent needs of governments and industries, positioning it as a trusted partner in enhancing national and operational security. Expanding Opportunities for Upselling MetaShield is not just a standalone product; it represents a strategic opportunity for Actelis to deepen its relationships with existing clients and explore upselling potential. As organizations adopt MetaShield, Actelis can leverage this integration to provide additional services and upgrades, enhancing customer loyalty and increasing revenue per client. This ability to deliver comprehensive, layered security solutions creates a compelling value proposition, ensuring that Actelis remains indispensable to its clients' operational needs. A Lean and Growing Software Business Model The launch of MetaShield signifies a critical step towards a growing Software as a Service (SaaS) model that can drive recurring revenue and solidify Actelis’ position within the cybersecurity sector. By establishing a lean, software-focused business model, Actelis is positioned to capitalize on the growing demand for subscription-based cybersecurity solutions. This shift may not only only enhances the financial position in the long term, but also aligns with broader industry trends where clients prefer flexible, scalable solutions that adapt to their evolving security needs. Moreover, the ongoing software revenue stream may further allow Actelis to invest in continuous innovation and development, ensuring that its solutions remain at the forefront of cybersecurity technology. As the market for cybersecurity solutions continues to expand, Actelis' commitment to a growing software business model will be essential for long-term success and competitiveness. A New Era for Actelis Networks In summary, the announcement of MetaShield marks a revolutionary step for Actelis Networks, showcasing its commitment to innovation and leadership in the cybersecurity landscape. By addressing the urgent needs for robust security in critical infrastructure, creating upselling opportunities, and transitioning to a lean software business model, Actelis is exceptionally well-positioned to meet the growing demand for integrated security solutions. The launch of MetaShield could not only elevate Actelis' market position but also reinforce the resilience of critical infrastructure in an interconnected world. This launch is not just a new product; it may very well be the start of a transformative chapter for Actelis Networks as it aims to shape the future of cybersecurity. Read Actelis Networks' Latest Announcements * * * * This news alert may include speculative forward looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. Companies in emerging industries are volatile and risky and readers are advised to seek out preffesional advice in the relevent feilds from licensed profesionals. This news alert was issued by Global Markets Media, a commercial digital brand operated for IR purposes who's operators are compensated by actelis for coverage and distribution services. The above content is for informational purposes only and it is not intended to serve as financial or investment advice and this constitutes an advertisement for the purposes of section 17(b) of the securities act. Please review the full disclaimers and disclosures detailing conflicts of interest [https://justpaste.it/ecto7/pdf]. Contact Details Global Markets News Desk ronald@futuremarketsresearch.com

December 20, 2024 09:00 AM Eastern Standard Time

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