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Universal Media Announces AI-Powered Universal Streams Platform

Universal Media Group, Inc.

Universal Media Group Inc. (OTC: UMGP) ("UMGP"), an emerging producer and distributor of short and long-form celebrity-based reality content, is pleased to announce the ongoing development of its new streaming platform, “Universal Streams.” In a groundbreaking move for the entertainment industry, the tool will be a state-of-the-art AI-based SVOD (Subscription Video on Demand) platform. The introduction of AI technology into the realm of SVOD platforms represents a significant leap forward in the quest to enhance the user and creator's experience. Universal Media Group wants to use the power of AI to bridge the gap between creators and viewers. Universal Streams is designed to understand and adapt to individual user preferences, providing personalized recommendations and content suggestions. By leveraging the power of artificial intelligence, the platform aims to offer a more tailored and engaging viewing experience for each user. It is determined to provide advanced Universal Streams Studio tools to help creators from ideation to distribution. Universal Streams has a creator-focused business model and has removed many barriers creators face when producing and monetizing their content. We are very excited to have teamed up with one of the industry's most innovative technology partners to build and support Universal Streams. Our team has also expanded to include industry professionals with decades of experience, including with Disney, MGM, Sony, and Paramount. Our expanding team enables us to expand our reach and partner with some of the industry giants providing added value for our productions as well as those by our independent creators. More details regarding our growing distribution network will follow. Currently listed on the OTC Pink Market (UMGP), Universal Media is in the process of up-listing to the OTCQB. This is in anticipation of our submittal of a listing application to the NASDAQ by the end of our 2023-2024 fiscal year. More to follow. About Universal Media Group Universal Media Group (UMGP) is a publicly traded Digital Media Production company. Universal creates an eclectic array of content, including national television network celebrity programming, streaming financial news, and opinion shows. The company will continue to pursue strategic business investments, partnerships, and acquisitions that will ultimately increase profitability and expand the company's reach, focus, and portfolio of business assets. For further information, visit: https://UMGP.com Media Details: Company Name: Universal Media Group Contact Phone Number: 561.908.3333 Contact Email Address: ms@umediagroupinc.com Address: 1199 S Federal Hwy, Suite 111, Boca Raton, Fl 33432 Safe Harbor Statement: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references to future events, expectations, possibilities, or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company cannot give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause results to differ may emerge, and the Company can't predict all of them. Some of these risks and uncertainties include but are not limited to general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, customer order patterns, changes in consumer trends, and various other factors beyond the Company’s control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law. Contact Details Universal Media Group ms@umediagroupinc.com Company Website https://umgp.com/

May 31, 2023 08:00 AM Eastern Daylight Time

Celebrating 5 Years: Rollercoin, the Biggest Mining Simulator, Offers Exciting Rewards

RollerCoin.com

Join Rollercoin's 5th Anniversary celebration and win amazing rewards. Visit Rollercoin to get started and experience the thrill of virtual Bitcoin mining while having fun, learning crypto mining skills, and getting rewards. As the leading and the oldest giant in mining simulators, Rollercoin revolutionizes the gaming landscape with its immersive online Bitcoin mining game. Rollercoin's 5th Anniversary month-long celebrations are set to captivate millions of players with exciting activities and generous rewards! Players can join the project's birthday and stand a chance to win exclusive merch packs, referral rewards, and various miners, including Afterparty and Icarus. With a global player base of over 3.5 million users, Rollercoin Bitcoin mining simulator offers a rewarding and educational experience in the world of crypto mining. The game’s market share is 10 times larger than its competitors, making it a preferred choice for crypto enthusiasts and gamers! Online virtual Bitcoin mining game allows players to compete against friends in mining Bitcoins. The game features a unique blend of entertaining mini-games, a global mining pool, and the opportunity to receive real crypto rewards. Rollercoin Free-to-Play game is giving away rewards like never before, so take your chance to grab more. Join an extraordinary month of activities, amusements, and unparalleled rewards that will leave players in awe. During Rollercoin Birthday Events, players can 👇 Take part in the project's birthday celebration Win Merch Pack Win miners, including Afterparty, Icarus, etc. Get referral rewards: top-10 winners will get crypto! Become the most active user and receive an additional prize. Event schedule: Week 1: Bitcoin Pizza Week Bitcoin Pizza Week Art Contest where users can showcase artistic skills in a contest for the best Rollercoin avatar and get rewards. Week 2: AMA Session + Party Events. Two weeks of amazing events where you users will receive rewards daily by crafting special miners in Craft Hard Event and completing exciting Event Quests! Week 3: RollerBirthday Quiz. The third week is Rollercoin Quiz week. Every day during the week, players will be challenged with tricky questions on Twitter and Discord about Rollercoin to get rewarded for that. After all, on May 31st, the main Big Rollercoin Birthday Party will start and brings even more fun and rewards. Ultimately, the TOP-3 players with the most referrals gathered during the Contest will receive an incredible prize set of miners and merch! What is Rollercoin Rollercoin game is an online virtual Bitcoin mining game that allows players to get crypto skills, compete against friends in mining Bitcoins, and build an empire with real crypto rewards. Innovative game mechanics provide players with a perfect balance between entertainment and learning — getting rewards while playing games and having fun. With its seamless browser-based gameplay, one of the oldest crypto games Rollercoin allows players to engage in the game across various devices without the need for downloads. The worldwide community of Rollercoin has grown rapidly since its inception in 2018, with a staggering 3.5 million players and 440,000 active community members. The platform's monthly player count of 1.5 million demonstrates its exceptional popularity and distinguishes it from other gaming platforms. Players can build and develop their own mining data center, upgrade settings to enhance mining power and collect miners to boost their performance. The game features a global mining pool, where the power of each player is combined, and block rewards are distributed based on individual mining power, emulating the dynamics of real-world crypto mining. Moreover, the game offers multi-mining opportunities for various cryptos, including BTC, ETH, DOGE, MATIC, BNB, Sol, TRON, Shiba, BUSD, USDT, and LTC. Also, Rollercoin provides instant withdrawals. Rollercoin offers a diverse range of addictive mini-games. These games provide an enjoyable experience while earning additional mining power. By completing Daily and Weekly Quests and easy tasks, players are getting opportunities to receive more rewards and learn about crypto mining. Adding to its attractive features, Rollercoin also offers a referral program. Players can invite their friends to join the Rollercoin universe and, in turn, get a percentage of their in-game earnings: 25% from referrals’ profit and 15% from in-game purchases. Contact Details Rollercoin.com Ana G. support@rollercoin.com Company Website https://rollercoin.com/

May 31, 2023 04:30 AM Pacific Daylight Time

Crypto Fund Trader - Top Prop Trading Firm That Focuses on Funding Traders to Empower Their Career

Crypto Fund Trader

Crypto Fund Trader is a leading prop trading firm that is dedicated to providing traders with the resources they need to reach their goals. They provide up to $200,000 in funding to traders and cover any possible losses, allowing them to trade with the same level of confidence as a whale. On the other hand, traders can get started with prop trading for as low as $85 with their $10,000 funded account Traders can receive 80% of their profits in their funded account Traders can get access to up to $200,000 in funding Traders can get started with prop trading for as low as $85 with their $10,000 funded account. This firm is known for providing traders with the best tools and support to make their trading journey successful. Being a top proprietary trading firm, Crypto Fund Trader offers traders spreads as low as 0 pips, no trading fees, and high leverage of 1:100. With their 2-phase evaluation system, they have proof of reserves as well. With this firm, traders have access to a wide range of resources and can trade confidently, knowing they are fully supported. Whether a trader is a beginner or a seasoned professional, Crypto Fund Trader provides them with the resources they need to reach their goals. Crypto Fund Trader provides traders with the opportunity to trade without commission and have BTC spreads as low as 15 cents, even lower than the current major exchanges. In addition, traders can receive 80% of their profits in their funded account. To get funded with crypto fund trader, You only need to pass two evaluation processes with different % of profit target. Those evaluations will get you to be a real funded trader with top conditions. Below we can see the details about the two phases 5% Maximum Daily Loss evaluation 10% Maximum Overall Loss No trading fees Spread from 0 pips Indefinite Trading Period Only one registration fee. The biggest advantage of Crypto Fund trader is that you only pay one fee to register, the second evaluation is free of payment, so in order to be a funded trader you only have to pay one fee. "Crypto Fund Trader is proud to enable traders to take the next step in their career," said the CEO. "We are dedicated to helping traders reach their goals and make the most of their trading experience." Talking about the advantages of being a Crypto Fund Trader trader, the CEO concluded that "We are proud to offer traders an opportunity to trade without commission and have BTC spreads as low as 15 cents. In addition, traders can get up to 80% of their profits in their funded account." Join Crypto Fund Trader Today! Sign up with Crypto Fund Trader today and unlock the potential of your investments! Capitalize on their competitive spreads and leverage, as well as their comprehensive range of tradable instruments. Plus, take advantage of their generous promotions and bonuses to get the most out of your trading experience. Contact Details Support support@cryptofundtrader.com Company Website https://cryptofundtrader.com/

May 31, 2023 04:14 AM Eastern Daylight Time

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Oasys Announces the First-ever Oasys Special Event in Kyoto; New titles and verses by global gaming giants to be showcased

Oasys

SINGAPORE - Media OutReach - 31 May 2023 - Oasys, a gaming-optimised blockchain, today announced its inaugural Oasys Special Event in Kyoto. The conference is scheduled for 28 June 2023 at the historic Nijo Castle, and will be held as a side-event to one of Japan’s largest startup conference, IVS Crypto 2023. The event promises to reveal project updates, new gaming titles and Verses from global gaming giants. This conference is held during the height of the Japan Blockchain Week, an event supported by Japan’s Ministry of Economy, Trade and Industry, which also supports IVS Crypto 2023. With over 2,000 attendees expected, the event agenda will spotlight game updates and announcement presentations from industry leaders and innovators in the gaming, technology and entertainment sectors. Daiki Moriyama, Director, Oasys, said: “We are thrilled to announce our first-ever Oasys Special Event. This conference will provide a forum for the gaming industry to showcase their forthcoming gaming titles and Verses, and their venture into blockchain. As a game-specific blockchain, we see the necessity of a dedicated occasion to celebrate blockchain gaming, enabling the industry to explore the full potential of blockchain-powered gaming. This event goes beyond the play-to-earn hype, shedding light on the impact of this technology on gaming architectures and user experiences.” In addition to main stage game presentations, the Oasys Special Event will also feature special installations by “teamLab,” an international art collective celebrated for their work at the intersection of art, science and technology; along with a DJ booth by Shinichi Osawa, one of Japan's leading musicians. The official agenda commences at 7:00 PM JST. Daiki Moriyama further added: “Japan is an ideal location for our inaugural event. As a project initiated in Japan, we have directly witnessed the innate vitality of Web3 in Japan first-hand. With its deep cultural influence, dynamic community of game developers, progressive governmental initiatives, and a vibrant gaming ecosystem, Japan is poised to lead the blockchain gaming revolution. Oasys remains committed to supporting this growth and will continue to collaborate with gaming industry leaders to realise the unique potential of Japan and blockchain gaming.” Since its launch in December 2022, Oasys has revolutionised the way gamers and developers create and interact on blockchain, supporting about 20 games in its ecosystem. In less than a year, Oasys has forged strategic partnerships with leading players in gaming, entertainment and technology industry, including MIXI, NEXON, KDDI, SoftBank, DMM, and YGG Japan. Oasys continues its mission to bring blockchain gaming to the world by forging strategic partnerships and releasing an extensive pipeline of ecosystem updates, titles and Verses. The event is open exclusively to IVS Crypto 2023 participants and Oasys’ invited guests. For more information and updates on the first edition of the Oasys Special Event, please follow the official Twitter page. About Oasys Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 25 gaming and Web3 tech companies to act as validators, such as Bandai Namco Research, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionising the gaming industry with its Proof-of-Stake (PoS) based blockchain. With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play. More information on Oasys is available at: Website: https://www.oasys.games Twitter: https://twitter.com/oasys_games Discord: http://discord.gg/oasysgames Contact Details Vanessa Low oasys@wachsman.com Company Website https://www.oasys.games/

May 30, 2023 11:20 PM Eastern Daylight Time

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Multnomah County Partners with Comcast to Announce $4 Million in Grant Packages to Local Small Businesses

Comcast Washington

Today, Comcast announced it will award grant packages to 100 small businesses in Multnomah County including those owned by women, people of color, and individuals committed to uplifting their local communities. Expanding on the foundational work by Multnomah County to provide relief funds to small businesses impacted by the COVID-19 pandemic, Comcast will award grant packages valued at $40,000 to 100 small business owners. The grant package will include business consultation services, educational resources, a monetary grant, creative production, a media schedule, and a technology makeover. From June 1-30, eligible small businesses in Multnomah County can apply for the Comcast RISE program at www.ComcastRISE.com. Winners will be notified in August. Local small businesses seeking more information about the Comcast RISE grants, may learn more about the fund, eligibility requirements, and how to apply by watching this video. Multnomah County is one of five metropolitan areas selected to award the grant package to 100 local businesses, including Baltimore, Detroit, Memphis, and Philadelphia. These recipients join the 13,000 entrepreneurs nationwide who have been selected as Comcast RISE awardees since the program launch in late 2020. “Among the many things we all love about the Portland Metro area is our vibrant small businesses and Comcast is committed to supporting them,” said Marion Haynes, vice president of external affairs, Comcast Pacific Northwest Region. “Unprecedented challenges are facing these small businesses, especially those owned by women and people of color, which are at greater risk in today’s uncertain economy with inflation and rising costs. That is why we encourage small business owners to apply for the Comcast RISE program. The grant may cover any need to help your business survive and thrive.” “Beyond the many things that make Portland so special is our small business community,” said Andrew Hoan, president and CEO of the Portland Business Alliance. “Comcast RISE is a great opportunity for small business owners who want to invest in themselves and create a more dynamic city. We're proud to partner with Comcast to promote this program and encourage all small businesses in Multnomah County to apply.” "Hacienda supports entrepreneurs year-round with technical assistance and connection to resources as they work to start or grow their businesses,” said Ernesto Fonseca, CEO of Hacienda CDC. “We are thrilled to partner with Comcast to help spread the word about Comcast RISE and make sure small businesses know about this opportunity and submit an application." “APANO is excited to participate in this year’s RISE! We would like to express our thanks to Comcast for investing in small businesses and entrepreneurs,” said Duncan Hwang, Community Development Director at APANO. “These small businesses—especially those owned and run by Asian American, Native Hawaiian, and Pacific Islander Oregonians—are the backbone of our community. Over the last few years, too many have been impacted by both the pandemic and hate and bias incidents. This opportunity will support them in coming back stronger than ever.” Comcast RISE stands for Representation, Investment, Strength and Empowerment. Comcast RISE was created in November 2020 to help small businesses hardest hit by COVID-19, from bakeries and barber shops to childcare centers and cleaning services, the grants needed to survive and recover. The program will evolve from helping businesses survive the pandemic, to helping businesses and their communities thrive with a focus on economic growth. All eligible applicants will receive a monthly Comcast RISE newsletter with educational content, and all small business owners can visit the Comcast RISE destination on the X1 platform featuring aggregated small business news, tips, insights, and more. Just say “Comcast RISE” into the X1 voice remote. Comcast RISE is part of Project UP, the company’s comprehensive initiative to advance digital equity and help build a future of unlimited possibilities. More information on eligibility requirements and how to apply for the grant program are available at www.ComcastRISE.com. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Rachael Arnold Rachael_Arnold@Comcast.com Company Website https://oregon.comcast.com/

May 30, 2023 01:23 PM Pacific Daylight Time

News Release

Fernhill Corp discusses bullish potential of digital asset trading and NFTs on Web3 platforms

Fernhill Corp

Fernhill Corp chairman and CEO Chris Kern joins Natalie Stoberman from the Proactive newsroom to share how the company develops Web3 enterprise infrastructure for digital asset trading and NFT marketplaces. Kern says Fernhill offers a digital asset trading platform that connects multiple exchanges and provides trading tools to users through its acquisition of MainBloq. The company has also built a platform called DigXNFT for NFT tokenization and marketplace transaction. Despite the decline in NFT popularity, Kern says Fernhill remains bullish on the technology due to the vast potential in tokenizing alternative assets. He says he anticipates the growth of NFTs and tokenization in the coming years, particularly with institutional adoption, pending the establishment of regulatory frameworks. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

May 30, 2023 02:01 PM Eastern Daylight Time

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CyTaka CEO Unveils Artificial Intelligence Technologies that Could Help Train Hackers in the Field of Cyber

CyTaka

Doron Amir, CEO of CyTaka (the World Cyber Championship), unveiled the next thing in cyber technology: a machine that integrates artificial intelligence (AI) that will enable creating simulations of new cyber attacks and could be used to train cyber professionals: "In the near future, we might see cyberattacks against which we have no defense" Doron Amir: "I have a great suggestion for Elon Musk: The space infrastructures he is building might very well be better suited for cooling quantum computers rather than for space tourism". There is no doubt that the machines will beat the humans. The only way to control the situation is with a game changer such as the quantum computer, which could definitely be a crucial instrument in defense and thwarting cyberattacks. Amir cautions: "The age of machines is underway. We must expedite the race to quantum computing, otherwise the machines might rise up against their creators. This could happen as today's computers are not protected in a way that can cope with machines equipped with AI. "If quantum computing is not functional in the next few years, we will see AI-based cyberattacks against which we will not be able to defend ourselves using existing technology in the civilian and business markets. Such cyberattacks could make much more damage than anything we now know, including the harming human life due to the use of smart technology in our vehicles, aviation and health industries." Fluid and Crystalized Intelligence in AI. Amir recounts that a couple of years ago, when his company started to develop a machine that could simulate cyberattacks for the purpose of training cyber professionals, they discovered that their work was cut out for them, and that it was more complex than they initially thought. "The first version showed us by the results that the machine behaved with crystalized intelligence (it could only cope with problems it had previously encountered or that were similar to patterns it was already familiar with). Actually, the new generation of Cyber Security needs to understand and be ready to handle new cyber security cases which never happened before. This is why we developed the fluid intelligence module to our machine. (Giving us the ability to cope with new problems)," explains Amir. "Unlike humans, who lose their fluid intelligence as they grow older, the machine has no biological limitations, and therefore, its fluid intelligence gets better over time, as its computing power continues to increase." ‘Moore’s Intelligence’ is a term that Amir coined based on Moore's Law. According to Amir, there is direct correlation between computational power and fluid intelligence in the world of AI. "In order to simulate fluid intelligence, we engaged young people whose fluid intelligence is at its peak, who work in the fields of software, information security and cyber. The idea was to identify people who have a proven record in dealing with new security problems. We met these hackers at the cyber championships held around the world, where we witnessed the very best minds solving cyber challenges using various methodologies and tactics. After studying these methodologies and tactics, we found they were different from one hacker to the next and that hackers from different countries cope with the same cyber challenges differently, both in terms of offense and defense. "As we could not find a fluid intelligence cyber module, we created our own module by gathering data and techniques from all around the world. We held cyber competitions in Israel, USA and of course, the World Cyber Championship was held in United Arab Emirates (UAE), which allowed us to host cyber professionals from countries that do not have diplomatic relations with Israel." Amir says that the main challenge in the final round of the World Cyber Championship produced by CyTaka in Dubai, was to hack a drone located in Israel, manipulate it to take a photograph from the air of a secret code positioned in a hidden place, and then to send this code back to the Competition Judges on the main stage in GISEC Global in Dubai. The event was held in partnership with the Cyber Security Council (UAE) together with the respectful H.E. Dr. Mohamed Al Kuwaiti (Head of Cyber Security UAE Govt). Only after an hour, (when the allotted time and the time extensions were over) a professional hacker from Tunisia completed the mission. "In comparison, our machine managed to solve the challenge in under 7 minutes," says Amir enthusiastically. ‘Terminator’ Comes to Life "Today, competitors in our cyber championships can use our machine to practice before the competition starts. In the near future, we will hold cyber competitions where not only machines compete against human hackers, but against other machines." Amir notes that there is room for concern, as there is no doubt that the machines will beat the humans. He says that the only way to control the situation is with a game changer like the quantum computer, which could definitely be a crucial instrument in defense and thwarting cyberattacks. "The quantum computer already exists in terms of feasibility, and one can travel to Singapore for a demonstration (if you get invited to see this wonder). One of the problems today putting the computer to use in the industry is the tremendous amount of energy required to cool the system to -273° Celsius (the absolute zero -273.15° C). "The solution to the extreme temperature requirements might be found in the ability to use the space platform, where the required temperature can occur naturally." "I have a great suggestion for Elon Musk” says Amir. “The space infrastructure he is building might very well be better suited for cooling quantum computers rather than for space tourism." https://www.cytaka.com/ CyTaka is lead by Doron Amir (Israeli Cyber entrepreneur) promoting a global activity in the world for building bridges between various nations, with an emphasis on encouraging high-tech education and employment in a wide range of sectors globally.Together with simulations of cyber cases and defense, we give the opportunity for programmers and cyber experts to prove information security skills no matter where they come from or where they were born. Contact Details LAPIDOT Srategy & Communications LTD MERAV LAPIDOT +972 54-288-8808 merav@goldfinger-lapidot.com Company Website https://www.cytaka.com/

May 30, 2023 12:10 PM Eastern Daylight Time

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William Shatner and HearingLife Team Up to Spread Awareness about the Importance of Hearing Care in the US

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/CqMCndmTOfg Would it surprise you to know that hearing loss in the U.S. is expected to double to 73M by 2060?* Hearing loss can prevent a life well-lived and cause some to miss out on meaningful connections. Even so, it takes people seven years from the time they suspect they might have hearing loss to the time they seek treatment. But no one should ever feel that hearing loss is something to be ashamed of. Proactive health habits such as hearing care are so important to living a long and healthy life. Hollywood legend and HearingLife spokesperson, William Shatner, has lived a full, adventurous life, from traveling to space to acting on the big screen. But what many might not realize is he is also living with tinnitus! William Shatner has teamed up with the leading hearing care company to spread awareness about the importance of hearing care in the US. To stress the importance of proper hearing care, HearingLife is currently running its “Love Your Ears” give back campaign and is giving away free hearing aids to people in financial need who are struggling with hearing loss. For the opportunity to receive free hearing aids through “Love Your Ears,” anyone in the U.S. can submit their personal story to www.hearinglife.com/giveback, or nominate a loved one, explaining how receiving hearing aids could make a difference in the quality of their life. HearingLife offers brands with some of the highest rated technology on the market, including several award-winning options. Hearing aid technology has come such a long way to cater to the unique treatment needs of the individual. With so many options out there, it’s crucial for people to seek out professional care from an audiologist or licensed hearing aid specialist. HearingLife offers personalized care with a focus on the individual’s unique needs so that we can provide people with the most optimal solution for their lifestyle. HearingLife.com has plenty of resources available. For more information on the give back program to submit your story, go to www.hearinglife.com/giveback. *Source: https://jamanetwork.com/journals/jamaotolaryngology/article-abstract/2606784 Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 30, 2023 12:00 PM Eastern Daylight Time

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NAVEX Announces AI-Powered Compliance Assistant

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced NAVEX Compliance Assistant. The initial release of this new AI-powered functionality will offer instant answers to employee questions regarding company policies and procedures delivered in natural language. This functionality makes an organization’s compliance program more accessible and personal for all employees. As part of the NAVEX One GRC Information System, employees interact with NAVEX Compliance Assistant by asking it questions in their own words. The AI-powered Compliance Assistant then searches through a company’s policies and procedures to present a comprehensive answer to the employee’s inquiry. Compliance Assistant applies Large Language Model (LLM) technology to customer-controlled document sets for maximum relevance and accuracy. NAVEX’s secure cloud infrastructure protects document and data privacy. Rich NAVEX Integration Ensures Ease of Use and Data Security The AI-powered NAVEX Compliance Assistant is seamlessly integrated into NAVEX One People Hub, a unified, simplified way for employees to engage with the compliance program. Through People Hub, employees can conveniently report incidents, confirm policy adherence, complete training and disclose information within a user-friendly interface accessible on mobile devices. With the addition of Compliance Assistant, employees, and other authorized parties, can quickly clarify how to follow specific procedures and policies that apply to them. NAVEX Compliance Assistant offers a range of features tailored to meet the needs of organizations of all sizes, including: Intuitive chat interface: Employees can query the system with natural language questions about a policy or procedure of interest and receive prompt, accurate responses. Multilingual access: Users can ask questions and receive answers in 70 languages. Find relevant policies: Employees can easily search for and access relevant, verified policies and procedures, eliminating time-consuming manual searches or the need to reach out across departments to source an answer. Responsive access anywhere: NAVEX Compliance Assistant is accessible via the web and mobile devices, helping employees access critical compliance information from anywhere. Uncompromising privacy and security: NAVEX is committed to safeguarding all data within the systems it manages, including policy and procedure information and employee queries through Compliance Assistant. “Successful organizations turn governance, risk and compliance management into a competitive advantage. It helps prevent mistakes, motivate employees, and promotes confident decision-making,” said Sean Thompson, Chief Executive Officer at NAVEX. “In my years of experience with natural language user interface technology, incorporating it into a GRC program is one of the most exciting applications. Our new AI-enabled Compliance Assistant makes engaging with the compliance program simpler and more intuitive, which in turn makes employees more confident users of the system.” Expert point of view The adoption of AI-powered technologies to facilitate access to compliance-related information can bring great benefits. “Giving employees the ability to quickly and accurately access company policies and procedures fosters a culture of trust and safety with regards to risk mitigation. It also makes the whole process more efficient," said Darren Bradshaw, Chief Audit and Compliance Officer of Stellantis, a multinational automotive company on a journey of transformation into a sustainable mobility tech organization. Stellantis, as a customer of some NAVEX applications, plans to partner with the company to test the usability of this new application. To learn more about the AI-powered NAVEX Compliance Assistant, visit https://www.navex.com/en-us/products/navex-ethics-compliance/ai-employee-compliance-assistant/. Or, read our blog, “ Artificial Intelligence – The Next Frontier of GRC Management ” on Risk & Compliance Matters. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

May 30, 2023 08:30 AM Eastern Daylight Time

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