Technology

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

Wishpond Announces Date for Second Quarter 2023 Financial Results Video Conference Call

Wishpond Technologies Ltd.

Wishpond Technologies Ltd. (TSXV: WISH, OTCQX: WPNDF) (the “ Company ” or “ Wishpond ”), a provider of marketing-focused online business solutions, is pleased to announce that it expects to release its Second Quarter Financial Statements and corresponding management’s discussion and analysis for the three months ended June 30, 2023, before market open on Thursday, August 17 th, 2023. The Company will also host a conference call to discuss the results on the same day at 10:00 am PT (1:00 pm ET). The call will be hosted by Ali Tajskandar, Chairman and Chief Executive Officer, and David Pais, Chief Financial Officer. Webinar Details: Date: August 17, 2023 Time: 10:00 am PT (1:00 pm ET) Webinar Registration: https://bit.ly/Results_Q2_2023 Dial-in: +1 778 907 2071 (Vancouver local) +1 647 374 4685 (Toronto local) Meeting ID #: 835 0694 7063 Please connect 5 minutes prior to the conference call to ensure time for any software download that may be required. WISHPOND TECHNOLOGIES LTD. “Ali Tajskandar” Chairman and Chief Executive Officer About Wishpond Technologies Ltd. Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond's vision is to become the leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company offers an "all-in-one" marketing suite that provides companies with marketing, promotion, lead generation, and sales conversion capabilities on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product, for a fraction of the cost. Wishpond serves over 4,000 customers who are primarily small and medium-sized businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions and continues to add new features and applications with great velocity. The Company employs a Software-as-a-Service (SaaS) business model where substantially all the Company's revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker " WISH ", and on the OTCQX Best Market under the ticker " WPNDF ". For further information, visit: www.wishpond.com. Forward-Looking Statements While the Company expects to release its financial results for the fiscal period ended June 30, 2023 on August 17, 2023, and host a conference call on the same day, such statements may represent forward-looking information within the meaning of applicable Canadian securities legislation. The Company will use commercially reasonable efforts to meet such disclosed timelines, however, extenuating circumstances such as delays in accounting review, the availability of employees and consultants, and other pressing business or regulatory requirements which may divert management attention from the preparation of the financial statements and attendance of the conference, among other factors, may cause the Company to not be able to meet such deadlines. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Contact Details Pardeep S. Sangha Investor Relations, Wishpond Technologies Ltd. +1 604-572-6392 investor@wishpond.com

August 09, 2023 07:00 AM Eastern Daylight Time

News Release

Polkadot (DOT) And Solana (SOL) Fall – Investors Buy Into Borroe ($ROE) Presale

Blockchain Digest

As Polkadot (DOT) and Solana (SOL) hit a price plateau, investors are jumping ship and taking profits. As a result, many of them have been flooding the presale of a new crypto gem, which experts predict will deliver massive gains and skyrocket to the very top of the Web3 industry. Borroe ($ROE) is an innovative new Web3 blockchain project, and its presale is red hot. Let’s explore this new crypto shining star and see what makes it so desirable. >>BUY $ROE TOKENS NOW<< Borroe ($ROE) Offering Investors Higher Gains and Unprecedented Real-Word Utility Polkadot (DOT) and Solana (SOL) investors, as well as top market experts and analysts, have been diverting their attention (and money) to a new crypto, Borroe ($ROE), that has massive growth potential and the power to reshape the Web3 industry as we know it. Borroe ($ROE) is a one-of-a-kind AI-powered funding marketplace that enables Web3 participants and content creators to obtain upfront funds from future recurring revenues. Furthermore, Web3 businesses can use Borroe ($ROE) to generate instant cash flows by minting NFTs that represent future and outstanding invoices, which will then be sold in the Borroe ($ROE) marketplace at a discounted price. Borroe’s deflationary native token, $ROE, will be built on the Ethereum sidechain Polygon, meaning that Borroe ($ROE) will have all of the fantastic features that the Ethereum mainnet offers in its arsenal. Additionally, Borroe ($ROE) will provide many outstanding benefits to its token holders, such as repayment rewards, invoice buying, discounted transaction fees, governance membership, and social media share2earn. >>BUY $ROE TOKENS NOW<< Can Polkadot (DOT) Reach $6? Polkadot (DOT) is currently trading above $5.00, still unable to break above its long-term key resistance level and hovering around the $5.20 horizontal support area. As a result, bears predict that if Polkadot (DOT) breaks below $5.20, the Polkadot (DOT) price will dip further down, dropping to $4.80. On the other hand, bulls say that the recent announcement that Polkadot (DOT) will enter the Indian Web3 market will bring many new users to the Polkadot (DOT) network, predicting that this will drive the Polkadot (DOT) price to break above $6. Moreover, bulls are confident that a breakout in the Polkadot (DOT) price is imminent due to Polkadot (DOT) trading inside an ascending triangle since the beginning of July. Is Solana (SOL) Struggling to Keep Up With Competitors? Solana (SOL) has been making efforts to reach the $30 level for quite some time now, failing to do thus far. Solana (SOL) currently trades at $24.68, which signals to Solana (SOL) bears that unless the platform becomes more competitive and introduces new developments and better functionality, the Solana (SOL) price will drop to $20. On the other hand, Solana (SOL) enthusiasts and bulls believe that the recent Ripple victory against the SEC will drive the Solana (SOL) price beyond the $30 level. Moreover, bulls believe that Solana’s (SOL) existing DeFi ecosystem offers excellent opportunities for dApp developers, saying that Solana (SOL) is an attractive network that can entice many new users to come. Borroe ($ROE) Beta Presale Successful The unique functionalities and robust capabilities Borroe ($ROE) offers have already attracted thousands of investors to the next phase of its presale, where its token is selling at $0.0125. Moreover, Borroe ($ROE) has already sold all of the Beta stage supply, with early investors poised to receive up to 300% gains once the Borroe ($ROE) token achieves its $0.040 presale target. Now is the perfect time to join in on this revolutionary project and reap the massive gains and benefits it offers! Read more about the Borroe ($ROE) presale: Borroe Presale: https://borroe.finance/ Telegram: https://t.me/borroe_finance Twitter: https://twitter.com/Borroe_Finance Contact Details Borroe Finance Press press@borroe.finance

August 08, 2023 02:30 PM Eastern Daylight Time

News Release

Borroe ($ROE) Is Poised to Become One of the Best Web3 Tokens in 2023 - Here’s Why

Blockchain Digest

Borroe ($ROE) has started to make gigantic waves in the crypto world on the strength of its amazing scalability solutions and unsurpassed real-world utility. Top experts have singled out this new hidden gem as one of the best Web3 investments in 2023. Let’s see why early Borroe ($ROE) investors can expect enormous returns over the forthcoming public presale and substantial long-term gains when the token hits exchanges. Borroe ($ROE) Attracts Numerous Investors in its Ongoing Beta Stage Borroe ($ROE) has started to deliver on its amazing future potential as the world’s first Web3 Blockchain Invoice Discounting NFT Marketplace. Many crypto enthusiasts have already recognized this fresh Web3 token as an incredibly lucrative investment, which is reflected in the fact that the platform has currently sold over 35 million $ROE tokens. Analysts forecast that Borroe could become the next dominant power in the Web3 industry due to its highly innovative fundraising process. This fresh Web3 platform boasts a seamless automated protocol enabled by secure blockchain technology, AI risk assessment, and streamlined payment solutions. >>BUY $ROE TOKENS NOW<< Borroe ($ROE) Users Extract Unbelievable Benefits From its Equitable Financial Ecosystem The developers of Borroe’s ($ROE) have created this revolutionary platform by adhering to some of the basic Web3 principles such as equitable venue sharing among creators and users. Borroe ($ROE) operates as an AI-powered funding marketplace that allows content creators and Web3 participants to raise upfront funds by selling future earnings from sources like subscriptions, royalties, and invoices. However, businesses in the Web3 community can obtain additional gains from Borroe’s equitable financial ecosystem. Namely, they can generate instant cash flow by minting NFT representations of future and outstanding voices that are later sold at a discounted price in the Borroe marketplace. On the other hand, the deflationary $ROE token will be built on the Ethereum sidechain Polygon and utilize the structural benefits of the Ethereum mainnet. $ROE holders receive several exceptional benefits such as invoice buying, discounted transaction fees, repayment rewards, governance membership, priority notification of new sales, and social media share2earn. On top of that, holders can gain access to premium features such as advanced analytics and priority customer support. Investors can connect their crypto wallets to the Borroe platform and make a deposit in more than a hundred accepted cryptocurrencies. The $ROE token is currently available at an extremely affordable price of just $0.0125, up from $0.01 in the Beta Stage which means that early holders will receive unbelievable 300% gains when the token reaches the $0.040 presale target. However, the rewards are bound to get substantially higher when $ROE hits major crypto exchanges. Don’t miss this chance to secure the highest returns from Borroe’s ($ROE) imminent rise, and invest right away! Explore the Borroe ($ROE) Presale: Website: https://borroe.finance/ Telegram: https://t.me/borroe_finance Twitter: https://twitter.com/Borroe_Finance Contact Details Borroe Finance marketing@borroe.finance

August 08, 2023 01:30 PM Eastern Daylight Time

ToolsGroup And River Logic Partner to Provide a Comprehensive Supply Chain Planning Solution

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announced a partnership today with River Logic, Inc, a global innovator in advanced analytics for planning and decision support, offering both a platform for custom solutions as well as network optimization and production planning and scheduling applications. Combining River Logic’s advanced supply chain design and production capabilities with ToolsGroup’s award-winning demand planning, inventory optimization, and supply planning capabilities, customers can now benefit from a more comprehensive supply chain planning solution. This strategic integration empowers organizations to leverage a unique modeling approach by providing visualization and scenario planning of the physical and financial value chain overlaid with a virtual representation of the actual flow of goods. This enables organizations to benefit from both longer-term strategic supply chain design variations and the resulting impact on inventory and service levels. “As a customer of both ToolsGroup and River Logic, I am very excited by this news,” said Moid Alwy, Chief Supply Chain Officer at American Tire Distributors. “Coupling physical supply chain design decisions with the digital flow of goods moving through the supply chain is the holy grail of the industry.” The ToolsGroup Service Optimizer 99+ (SO99+) supply chain planning solution empowers supply chain teams to make better decisions faster in times of supply and demand volatility. SO99+ provides end-to-end visibility through a digital supply chain twin that models goods and inventory movement. Equipped with probabilistic planning and advanced inventory optimization, the solution leverages powerful artificial intelligence and machine learning to better predict supply and demand requirements. This enables organizations to improve forecasts and reduce on-hand inventory while maximizing service levels. “We are excited to partner with ToolsGroup to enable a more comprehensive supply chain planning solution that, in turn, will offer more value to enterprises looking to establish more resilient and profitable supply chains,” said Carlos Centurion, President of River Logic. The foundation of River Logic’s technology is a Digital Planning Twin™, which helps companies easily, quickly, and thoroughly assess a truly end-to-end set of scenarios. This includes the full value chain as-well as product portfolio, sustainability targets, and the financial impact in terms of profitability, and the ability to finance the operation. “The partnership with River Logic is a win-win for our joint customers, improving efficiency and providing powerful business benefits,” said ToolsGroup CEO, Inna Kuznetzova. “Closely linking supply planning with production planning will improve efficiency and performance for our customers. And connecting actual digital supply chain flows with the digital supply chain planning twin will give supply chain leaders the ability to act more quickly and make strategic decisions with more confidence.” Learn more about this partnership HERE. 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

August 08, 2023 10:30 AM Eastern Daylight Time

Image

CardSnacks Launches Group Greeting Cards to Enhance its E-Card Offerings

CardSnacks

Miss passing cards around the office to recognize a colleague’s birthday, celebrate the birth of a child, or show sympathy for a loss? CardSnacks, the leading platform for individuals and businesses to send personalized e-greetings and gift cards, has introduced a group greeting card feature that lets colleagues send a single e-greeting with personalized messages from multiple users. The feature, which is available on iOS and Android devices, fills one of the biggest cultural holes in workplace environments since more companies have gone to hybrid or work-from-home models. “Anyone who has ever worked in the office has signed a group card to show love and appreciation for a colleague, but that is hard to do in the current workplace,” said Mark Wachen, founder and CEO of CardSnacks. “For the first time, our e-greetings allow for collaboration, whether you are near or far from your colleagues, this latest feature brings coworkers together to offer collective support and celebration.” The feature is available now for CardSnacks for Business, which is geared toward employee and client recognition and connection. Additionally, it is also available for CardSnacks’ personal offerings, meaning family members or neighbors can also share a single card, as long as they are a registered user of CardSnacks. Like all CardSnacks e-cards, the greetings are customizable, with the ability to add photos, videos, music, stickers, and more. Customers can also attach one of the 400 gift cards from top retailers and restaurants. More than 5,000 different card covers are available so customers can send group birthday cards, group anniversary cards, group thank you cards, and much more. “Creating shared, collaborative cards has always been a wonderful way to show recognition, support, and love to others,” Wachen said. “This new group greeting card feature is a step forward in allowing people who may be physically far away from one another to show deep connection and support, build culture, and solidify a sense of community.” For step-by-step instructions on how to set up a group greeting card on CardSnacks, visit https://www.cardsnacks.com/business/resources. About CardSnacks CardSnacks is the leading platform for individuals and businesses to send personalized e-greetings, invitations, and gift cards. It is based in New York, with employees in California, London, and Israel. CardSnacks is available in the Apple App Store, Google Play Store, and on the web. For more information, please visit us at https://www.cardsnacks.com. Contact Details CardSnacks Media press@cardsnacks.com Company Website https://www.cardsnacks.com/

August 08, 2023 10:15 AM Eastern Daylight Time

Forta Network Begins its Next Phase with the Introduction of Fees

Forta

Decentralized Web3 threat monitoring network Forta Network has announced a major milestone that will provide a significant boost for the sustainability of its network and increase incentives for its critical detection bot developer community. This month, Forta will introduce fees for the first time, requiring users to pay for the bots they consume and rewarding bot developers for their efforts. At the time of Forta Network’s 2021 launch, most detection bots were developed by DeFi protocols or third-party networks working under grants. As the network expanded, the Forta Foundation introduced its Threat Research Initiative (TRi), providing one-time bounties to incentivize developers to take part in threat-detection activities like bot development, exploit analysis, and threat hunting. The early days bounty program helped bootstrap the initial developer community, but was unsustainable long term as it offered little upside to individual developers. By introducing fees, Forta Network will establish a native incentive mechanism to reward developers for building high-quality detection bots. Once the fees go into effect, bot developers will have the opportunity for unlimited upside potential. High-quality bots which are well-maintained and promoted can attract thousands of paying subscribers. Forta’s monthly subscription model allows bot developers to generate a stream of recurring revenue from their bots. Over time, this could add up to exponentially more earnings compared to bounty and grant payouts. Forta’s subscription plans for users looking to leverage Forta’s detection bots will be two-tiered: Premium and General. All subscription revenue will be distributed to bot developers. Premium plans will include a handful of high-quality, high-value detection bots that meet the minimum requirements of FP-6, such as scam detectors. Access to each will require a separate subscription, with prices set by the bot’s owner. The owner can also decide whether the subscription is to be paid in FORT or USDC. General plans grant users access to alerts and other intel generated by all bots on the network, other than premium bots. This effectively gives users access to more than 99% of the network’s bots, including all protocol-specific bots (Lido, MakerDAO, Compound, etc.). About Forta Network The Forta Network is a real-time, decentralized network providing detection data and security monitoring across seven blockchains. Forta detects threats and anomalies on DeFi, NFT, governance, bridges, and other Web3 systems in real time, enabling wallets, protocols and investors to react quickly and proactively neutralize threats to prevent or minimize the loss of funds. Launched in 2021 and backed by a16z, Forta protects the critical infrastructure of Web3 through a decentralized and community-run network, which serves as an early warning system across the ecosystem. To learn more, please visit https://forta.org. Contact Details Forta Network Colin Landers colin@energentmedia.net

August 08, 2023 10:05 AM Eastern Daylight Time

David Clark Company’s ConneX CREW Smartphone App connects Workers on a Jobsite for complete Hands-Free Communication

David Clark

The David Clark Company released its first mobile application DC-ConneX CREW, the most flexible group communication solution that connects 10 team members without needing Internet or cell phone service. ConneX CREW provides your jobsite groups with a secured smartphone platform where authorized participants access calls and messaging with just a few clicks. The mobile app can be downloaded for free ( search name ‘ DC ConneX CREW’ from the Google Play or Apple App stores to transform an Android or iOS phone into a group communication system when the phones are connected to the David Clark Company Audio Gateway device. Activate the hands-free feature when you use the speakerphone option or pair your phone with any Bluetooth® hearing device – such as the David Clark Behind-the-Head Headset or your preferred Bluetooth® headset or earphone. Watch Explainer Video on YouTube Jobsite crews commonly use bulky radios or other headset systems that require multiple sets of equipment for each user. David Clark’s ConneX CREW system requires one Audio Gateway on a jobsite to connect your team members using their smartphones without any other expensive equipment. The CREW Audio Gateway acts as a portable network on a jobsite, protected in a ruggedized case to allow reliable, natural conversation amongst your team members. “Jobsite crews benefit from secure, high quality, low-latency audio technology that can be operated without the snag hazards of corded audio systems,” said David Clark Vice President Mark Estabrook. “The CREW system expands our communication product portfolio into the mobile app space, using the devices that jobsite workers already carry. Embedded Voice over IP (VoIP) technology opens the door to high levels of scalability in portable communications while maintaining private network coverage and security.” The David Clark Company continues its 80-year commitment to quality, service, and US-manufactured products. The company’s complete product portfolio and customer support, including the ConneX CREW system, is designed and produced at its headquarters manufacturing facility in Worcester, Massachusetts. Store.DavidClark.com is the only place online to buy the CREW Audio Gateway, which includes a 12-month license for 10 users to have unlimited communication via call or messaging functions. Learn more at ConneX.DavidClark.com or contact Ricardo Frias, Business Development Manager, at rfrias@davidclark.com. Contact Details David Clark Company Lindsay Lucarelli +1 508-751-5882 LLucarelli@davidclark.com Company Website https://connex.davidclark.com/

August 08, 2023 09:30 AM Eastern Daylight Time

Image

This Early-Stage Crypto Project Could Be The Only Truly Decentralized Exchange Platform — Here’s What You Need To Know

Benzinga

By James Wells, Benzinga Learn more about and invest in Swopblock via Wefunder. The value of Bitcoin has been rising significantly, experiencing an increase of over 70% since the start of 2023. Alongside this, there have been notable industry developments, such as BlackRock's Spot BTC ETF filing and Ripple's (XRP) victory over the SEC. All of these factors suggest a promising future for altcoins heading into 2024. Amidst these developments, decentralized exchanges (DEXs) have gained prominence, especially following the 2022 FTX collapse and several ensuing insolvencies. Swopblock, a new entrant in this critical crypto market sub-sector, is positioning itself as a pioneering player, aiming to emerge as the world’s first 100% decentralized cross-chain exchange platform. The following article will explore the mechanics of Swopblock and its potential significance to investors who prioritize decentralization, the crypto industry's cornerstone principle. What Is Swopblock? Swopblock is an open-source, proof-of-relay (PoR) protocol facilitating peer-to-peer self-custodial cross-chain trading. Users transact directly from their wallets without giving their crypto keys or assets to intermediaries at any phase of trading. Swopblock's protocol, notable for being fully decentralized, distributes 100% of its trading liquidity across all user wallets. Swopblock’s 'Liquidity Stream' powers the network, functioning as the exchange medium driving market volume. SWOBL is the native asset of the Swopblock ecosystem. It serves as a free-flowing medium of exchange that provides the market volume equilibrium necessary for autonomous cross-blockchain trading between peers. Unraveling The Utility Behind SWOBL Swopblock is powered entirely by SWOBL, embodying 100% of the liquidity across user wallets. As SWOBL serves as a liquidity adapter for various blockchains like Ethereum and Bitcoin, its demand hinges on the trading volume in the Liquidity Stream. As adoption escalates, SWOBL demand increases. This allows traders, investors and holders of SWOBL (including Swopblock) to potentially capitalize on these gains. Swopblock Vs. Competitors The crypto market's decentralized exchange (DEX) sector is heavily populated, with numerous DEXs operating independently on distinct blockchains. Despite the surge in DEX popularity following the 2022 FTX collapse, complete decentralization remains elusive for cross-blockchain DEXs. Here are several reasons why these DEXs fall short of achieving complete decentralization: Centralized Elements: Liquidity pools, bridges, and pipes in decentralized structures always require management by a centralized authority. Liquidity Ownership: Providers of liquidity (whether distributed or not) are in fact intermediary custodians themselves, contradicting the very principles of decentralization. Single Failure Points: Concentrated liquidity in pools and bridges can lead to potential single points of failure, causing significant losses if compromised (hacks, bugs, etc.). Swopblock sets itself apart from competitors such as THORChain (RUNE) and Uniswap (UNI) by offering total decentralization with cross-chain capability. This is achieved by Swopblock's protocol driven medium of exchange, distributing 100% of this trading liquidity across all user wallets, thus eliminating single-points of custodial-control failure and mitigating hacking risks commonly associated with liquidity pools and bridges. Seizing The Market Opportunity: The Promising Outlook Of Swopblock According to Grand View Research, the U.S. crypto exchange platform market, valued at $7.8 billion in 2021, is projected to rise at a CAGR of 28.3%. Despite the continued prevalence of Centralized Exchanges (CEXs), DEXs have witnessed a surge in popularity following several bankruptcies and unethical practices in the centralized space. As a result, as crypto adoption continues to increase, user demand for a secure and decentralized exchange medium will also increase. Swopblock is positioned to capture this demand, given its unique value proposition of 100% distributed liquidity powering cross-chain exchange. Early Investor Benefits: Exclusive Perks For Visionary Backers Currently, Swopblock is raising capital for its protocol's official launch, providing early investors with additional SWOBL in four phases according to their investment amount and timing. At the time of writing, over 18 million SWOBL Perks from Swopblock’s fixed supply of 52.8 million has been distributed to early investors. Early exposure to this protocol might be a lucrative decision for interested investors who believe in the future of Swopblock’s superior technology. Embracing The Future With Swopblock? Overall, Swopblock appears to offer immense potential in the expanding crypto sphere. With its decentralized cross-chain protocol and 100% distributed liquidity, it sets a new standard in the DEX sector, ensuring the native chain security of self-custody. As crypto adoption increases, Swopblock’s unique decentralized approach could capitalize on the demand. Learn more about and invest in Swopblock via Wefunder This post contains sponsored 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

August 08, 2023 09:25 AM Eastern Daylight Time

Following A Biotech Subsidiary Spin-Off, Here’s a Look at another DSS, Inc. (NYSE American: DSS) Subsidiary, this time in a $193 Billion Industry

Benzinga

By David Willey, Benzinga Premier Packaging Corp is a turnkey paperboard and folding carton packaging company that provides top-quality design, manufacturing, inventory management, and other services. Wholly owned by DSS, Inc. (NYSE American: DSS), a multinational company that incubates and operates a diversified portfolio of companies in nine divisions and around 40 companies, Premier Packaging has seen very healthy increases in revenue and income. In the First Quarter, Premier Packaging contributed (See First Quarter filing with line item revenues and income) to its parent company. DSS recently announced the impending spin-off of one of its biotech subsidiaries, Impact Biomedical, Inc. This spinoff and stock dividend has drawn attention to other companies that are part of the DSS family, including some other potential spin-offs coming this year. Premier Packaging is the only company in DSS’ paperboard and folding carton product packaging division. With more than 30 years of experience in the sector, the company has established itself with a customer-first mentality and seeks to provide innovative solutions at every point of the packaging process. Premier’s Place In The Packaging Industry The premium packaging industry in the United States is currently worth just over $193 billion and is predicted to reach $222 billion by 2028 at a compound annual growth rate (CAGR) of 2.8% over 2022-2028. Along with Premier Packaging, other companies that are active in the paperboard and folding carton packaging industry include Amcor (NYSE: AMCR), WestRock (NYSE: WRK) and Packaging Corporation of America (NYSE: PKG). Premier Packaging looks to be orienting itself toward the future with its Premier Green Initiative which seeks to design and practice environmentally sustainable packaging solutions. The drive for sustainability is already radically transforming the packaging industry and companies that adapt to this new environment could prove resilient in the sector. Premier Packaging reports that it exemplifies this resilient attitude with its environmentally conscious approach. It is committed to crucial and competitive weight and material reduction of its packaging and constantly seeks more sustainable solutions at every point of its supply chain. In fact, the company has met and exceeded all of the sustainability requirements from the Leadership in Energy and Environmental Design (LEED). There are also some commitments Premier Packaging makes to customers to set itself apart in the sector. It provides original creative designs matched with cost-effective production to ensure that its customers get Premier quality at the most affordable price point possible. The company reports extensive experience in strict compliance, and it operates within all the regulations set by the Food and Drug Administration (FDA), government agencies and high-profile companies. Premier Packaging provides comprehensive paperboard and carton folding packaging solutions for a diversified range of industries, including food, beverages, medical devices, consumer products, photos, printing and more. It also offers a vendor management service to give its customers an additional layer of assistance. As part of this service, the company leverages its decades of expertise in supply chain management to offer forecasting, logistics, procurement and inventory management services. DSS’s Premier Packaging subsidiary is an example of the company’s business plan of developing its various business entities to increase enterprise value with the potential of monetizing the businesses for DSS shareholders. Click here to learn more about Premier Packaging. Learn more about what DSS, Inc. is doing to support and spinoff businesses. This post contains sponsored 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

August 08, 2023 09:25 AM Eastern Daylight Time

1 ... 181 182 183 184 185 ... 568