News Hub | News Direct

All Industries


Article thumbnail News Release

NCMA's Announces New Members to their National Committee

National Contract Management Association

At the National Contract Management Association (NCMA), the focus on providing high-quality resources— events, professional certifications, local networking, and the ANSI-approved Contract Management Standard™ —that positively advance and expand the contract management profession remains the top priority. To help to continue strengthen the association’s strategic direction and growth, NCMA is excited to announce its new National Committee Members, who bring a wealth of experience and expertise to guide their endeavors forward. “Our National Committee Members are essential in providing a platform for meaningful planning and growth for our members and association,” said NCMA’s Board-Chair Elect, Heather Gerczak. “They will be instrumental in inspiring innovation and refining our strategy. I am thrilled to welcome our new members and am excited to collaborate in Program Year 2025.” The National Committee members are seasoned professionals with impressive track records in their respective fields. NCMA welcomes: Joann Campbell-Maher, CPCM, CFCM, CCCM, Director of Contracts, SRC Inc., Chapter: Leatherstocking Chapter Will Cannon, Director of Business Operations, General Atomics Chapter: San Diego Jim Doss, Fellow, CPCM, CFCM, Director of Contracts, BlueHalo, Chapter: Tysons Derek Ebona, CPCM, Chief of the Contracting Office, Program and System Support for Contracting and Procurement Office, Defense Counterintelligence and Security Agency, Chapter: Tysons Jessica Johnson, CPCM, CFCM, VP, Services Contracts at Red River Technology, Chapter: Dulles Corridor Wanda Wallace, CPCM, CFCM, Senior Contracts Manager at Magellan Federal, Chapter: Jacksonville This year’s National Committees Members were elected through a competitive application and voting process. These members make a lasting impact on NCMA. The Committees are made up of five groups including audit and risk, governance and ethics, member engagement, professional development and certification, and strategic planning. All who have served have played an instrumental role in helping to shape the associations’ strategy and direction. The National Contract Management Association (NCMA) – www.ncmahq.org – has grown as a professional society whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. Contact Details Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

March 19, 2024 05:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

4 Stocks Poised To Pop With The AI Surge

SKYX, SNOW, TSM, AMD

Investors keen to seize the potential of artificial intelligence (AI) are eyeing a select group of stocks poised to flourish in the midst of the AI revolution. As AI continues to revolutionize industries and drive innovation, these companies stand ready at the forefront, positioned to harness the immense growth opportunities presented by this transformative technology. The recent surge in investments in AI-related ventures, coupled with forecasts predicting exponential market growth, highlights the burgeoning enthusiasm for AI's potential. Analysts project the AI industry to expand nearly 20-fold by 2030, reaching an astonishing value of $1.8 trillion, fueling a growing interest in AI stocks. From software developers unlocking AI's capabilities to semiconductor manufacturers fueling AI applications with cutting-edge chips, these stocks offer diverse opportunities for investors seeking to ride the wave of AI innovation. In this article, we'll explore four stocks poised to reap significant benefits from the rise of AI, examining their strategic positioning, technological advancements, and growth potential in the dynamic AI landscape. SKYX Platforms Corp. (NASDAQ: SKYX) is at the forefront of integrating advanced technology into everyday living spaces, aiming to make homes and buildings safer, smarter, and more efficient. With a robust portfolio of 77 U.S. and global patents and patent-pending applications, SKYX boasts a comprehensive suite of platform technologies designed to revolutionize the way we interact with our environments. The cornerstone of SKYX's innovation lies in its commitment to high-quality and user-friendly designs, spanning various domains from lighting to home décor. In September 2023, SKYX achieved a significant milestone with the issuance of five new utility patents in the U.S. and international markets, solidifying its position as a trailblazer in advanced and smart technologies. One of SKYX's most notable achievements is its initiative to standardize safety with the National Electrical Code (NEC), revolutionizing electrical installations and enhancing overall safety standards. Spearheaded by industry leaders Mark Earley and Eric Jacobson, SKYX's code team is dedicated to mitigating hazards and ensuring unparalleled safety across residential and commercial environments. Financially robust, SKYX boasts $23.7 million in cash, cash equivalents, restricted cash, and investments, providing a solid foundation for growth and innovation as of June 30, 2023. The renewal of a five-year global licensing master service agreement with GE Technology Development, Inc. further amplifies SKYX's reach and influence in the industry, enabling effective monetization of its technologies while safeguarding intellectual property rights. At CES 2024, SKYX unveiled its patented All-In-One Smart Platform, a groundbreaking solution designed to transform homes into smart living environments seamlessly. This comprehensive platform integrates scheduling, energy-saving modes, and emergency functionalities, offering unparalleled convenience and efficiency. In addition to its technological advancements, SKYX's commitment to safety and innovation extends to its proprietary patented platform technologies for smart home and electrical installations. Notably, SKYX’s Sky Plug-Smart technology revolutionizes electrical installations with its "plug and play" installation of weight-bearing electronics, significantly simplifying and enhancing safety standards. The inclusion of the Sky Ceiling Receptacle in the NEC Code Book marks a significant milestone, reinforcing SKYX's commitment to safety and innovation. The receptacle's unique design reduces potential exposure to wires and streamlines installation processes, setting a new standard for electrical installations. With endorsements from professional bodies like ANSI/NEMA and the American Institute of Architects, SKYX's proprietary technology is poised to become the new standard for home and building electrical installations. Additionally, SKYX revealed that management will participate in the 36th Annual ROTH Conference, taking place from March 17 to 19, 2024, in Dana Point, California. Founder and Executive Chairman Rani Kohen and Co-CEO Lenny Sokolow will host one-on-one and group meetings with institutional investors and analysts on Monday, March 18th, and Tuesday, March 19th. For investors seeking opportunities in AI and smart home technology, SKYX presents a compelling investment opportunity. The company's disruptive technologies, strategic partnerships, and relentless pursuit of innovation position SKYX as a frontrunner in the smart living revolution, promising unparalleled safety, convenience, and efficiency for generations to come. The surge in demand for AI services has propelled chip stocks into the spotlight, with graphics processing units (GPUs) playing a crucial role in training and running AI models. While Nvidia has dominated the GPU market, competitors like Advanced Micro Devices (NASDAQ: AMD) present compelling investment opportunities with their strong foothold and promising outlook in AI. For over 50 years, AMD has been at the forefront of innovation in high-performance computing, graphics, and visualization technologies. Its products are trusted by billions of people, leading Fortune 500 companies, and cutting-edge research institutions worldwide. As Nvidia's biggest threat in AI, AMD commands the second-largest market share in GPUs. Despite joining the AI landscape later than its rival, AMD has refocused its efforts to prioritize this burgeoning industry, positioning itself for significant growth in the years ahead. In December, AMD unveiled its MI300X AI GPU, directly challenging Nvidia's offerings. This move has already attracted attention from tech giants like Microsoft and Meta Platforms, signaling a promising start for AMD in the AI market. AMD's ambitions extend beyond GPU market share. The company aims to carve its own niche within AI by emphasizing AI-powered PCs. With AI integration driving a projected surge in PC shipments, AMD stands to benefit from this trend. Analysts project a bright future for AMD, with its free cash flow exceeding $1 billion last year. Projections indicate potential earnings of over $7 per share in the next two fiscal years, translating to a stock price of $383 based on forward price-to-earnings ratio (P/E) metrics. With a forward-looking approach and growing prospects in AI, AMD offers investors the opportunity for substantial returns. Considering its current trajectory, AMD could see its stock price surge by 96% by fiscal 2026, making it a compelling investment choice for those seeking to capitalize on the AI revolution. Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) stands as a global leader in the semiconductor foundry business, providing cutting-edge integrated circuit solutions. With its state-of-the-art facilities and unparalleled expertise, TSM plays a crucial role in enabling the advancement of artificial intelligence (AI) technologies worldwide. As the demand for AI services continues to surge, TSM's position in the market remains robust. The company's specialization in complementary metal oxide silicon (CMOS) wafer fabrication processes allows it to produce high-performance chips tailored for AI applications, including logic, mixed-signal, radio frequency, and embedded memory semiconductors. TSM's strategic partnerships with industry giants such as Apple, NVIDIA, and Qualcomm underscore its significance in the AI ecosystem. These collaborations leverage TSM's advanced manufacturing capabilities to develop AI hardware solutions that deliver superior computational performance and efficiency. Recent financial reports highlight TSM's strong performance amidst the growing demand for AI chips. In its February revenue announcement, TSM reported NT$181.65 billion (US$5.78 billion), representing a month-over-month decrease of 15.8% due to the Lunar New Year holiday. However, this figure marked an 11.3% increase compared to the previous year. Additionally, consolidated revenue for the first two months of the year amounted to NT$397.43 billion, reflecting a 9.4% year-over-year growth. Looking ahead, TSM remains optimistic about its prospects in the AI market. While seasonal effects may impact first-quarter results, strong demand for high-performance computing solutions is expected to drive future growth. The company projects first-quarter revenue in the range of US$18 billion to US$18.8 billion, underscoring its confidence in its ability to capitalize on the growing AI trend. As AI continues to reshape industries and drive innovation, TSM stands poised to play a pivotal role in shaping the future of semiconductor technology. With its track record of excellence and commitment to innovation, TSM remains a key player in the AI revolution, offering investors a compelling opportunity to participate in this transformative trend. Snowflake Inc. (NASDAQ: SNOW) is a leading provider of cloud-based data platforms serving organizations worldwide. Its flagship product, the Data Cloud, empowers customers to consolidate data into a single source of truth, enabling actionable business insights, data-driven applications, and seamless data sharing. In the realm of AI, where data reigns supreme, SNOW plays a pivotal role in facilitating efficient data collection, storage, and processing. By providing a robust infrastructure for managing structured, semi-structured, and unstructured data, Snowflake empowers organizations to harness the full potential of AI models. Snowflake stands out as a clear beneficiary of the AI revolution for several reasons. Firstly, its data cloud business model allows customers to collect and store data efficiently, regardless of its structure. This data can then be utilized internally for AI models, integrated into other software applications, or monetized through the Snowflake marketplace. Moreover, Snowflake's seamless integration with major cloud providers offers flexibility and mitigates vendor lock-in risks. This neutrality enables clients to switch between providers or maintain multiple contracts, ensuring optimal terms and avoiding unreasonable agreements. Customer satisfaction is paramount for SNOW, evident in its impressive financial performance. In the fourth quarter of fiscal year 2024, Snowflake achieved a net revenue retention rate of 131%, indicating strong spending expansion among existing customers. Additionally, the company boasts a high Net Promoter Score (NPS) of 67, reflecting exceptional customer satisfaction levels. In a significant development, Snowflake announced a global partnership with Mistral AI, a leading provider of AI solutions in Europe. This multi-year partnership aims to deliver Mistral AI's powerful language models directly to Snowflake customers in the Data Cloud. Through this collaboration, Snowflake customers gain access to Mistral AI's cutting-edge language models, including Mistral Large and Mixtral 8x7B. These models offer unparalleled performance in tasks such as code processing, document analysis, and multilingual communication. Snowflake's commitment to advancing AI innovation extends beyond its customer base. The company recently joined the AI Alliance, an international community dedicated to promoting open, safe, and responsible AI development. Through this alliance, Snowflake aims to foster AI innovation while addressing ethical and societal implications. CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) is owned by RazorPitch Inc. and has been retained by SKYX Platforms Corp. to assist in the production and distribution of content related to SKYX. 'CGR' is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport/RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR/RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 Markrmckelvie@gmail.com Company Website http://razorpitch.com

March 19, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

It’s Time to Be Your Own Financial Hero

Greenleaf Book Group

For hundreds of years, women were not in charge of their own finances, so it’s no wonder that so many women find it overwhelming to deal with their own finances. Regina McCann Hess has dedicated her entire career to helping women pursue their vision of a successful future through financial planning, and she’s compiled her wisdom into Super Woman Wealth: How to Become Your Own Financial Hero (Greenleaf Book Group Press, March 19, 2024).   Super Woman Wealth is available anywhere books are sold! Super Woman Wealth is an empowering guide for women who know how to nurture everyone else in their world but forget how to care for themselves and their finances. Regina addresses women’s unique relationships with money and offers practical advice on becoming more comfortable with financial planning and management. Ladies, it’s time to learn how to nurture our money, protect our wealth, and take control of our financial future.   “Regina’s book is a must-read for all women looking to take charge of their own finances and set themselves up for success!”* —Alison J.   “If you’re intimidated by finances or passive when it comes to managing your money, this book will empower you to build wealth and take control of your future.”* —Abby A. S.   Super Woman Wealth is available for purchase today. Pick up your copy and visit www.reginamccannhess.com to keep up with Regina McCann Hess.   * This statement is a testimonial by a client of the financial professional as of November 21, 2022. The client has not been paid or received any other compensation for making these statements. As a result, the client does not receive any material incentives or benefits for providing the testimonial. ** This statement is a testimonial by a client of the financial professional as of November 29, 2022. The client has not been paid or received any other compensation for making these statements. As a result, the client does not receive any material incentives or benefits for providing the testimonial.     # # #   About the Author With over twenty-five years of experience in financial services, Regina McCann Hess is a CERTIFIED FINANCIAL PLANNER™ and CERTIFIED DIVORCE FINANCIAL ANALYST® professional dedicated to helping individuals plan, preserve, and diversify their wealth. She uses in-depth planning to guide and educate her clients on their journey together while building long-term relationships with them and their families.   Regina lives in Phoenixville, Pennsylvania, with her husband, Joe, and their children, Collin, Matthew, and Bridget. She is active in local community organizations, especially St. Mary’s Franciscan Shelter for Homeless Families.   More about Greenleaf Book Group Greenleaf Book Group is a publisher and distributor best known for its innovative business model, distribution power, and award-winning designs. Named one of the fastest-growing companies in the United States by Inc. Magazine, Greenleaf has represented more than 3,800 titles, including more than 55 New York Times, Wall Street Journal, and USA Today bestsellers. Learn more at www.greenleafbookgroup.com.   Links Greenleaf Book Group

March 19, 2024 04:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

AGC Biologics to Manufacture First-ever FDA Approved Gene Therapy for Early-onset Metachromatic Leukodystrophy, Orchard Therapeutics’ Lenmeldy™ (atidarsagene autotemcel)

AGC Biologics

AGC Biologics, a leading global Biopharmaceutical Contract Development and Manufacturing Organization (CDMO), today announced that the U.S. Food and Drug Administration (FDA) has cleared its Milan site to begin commercial manufacturing for the lentiviral vector and genetically modified cell drug product (DP) of Orchard Therapeutics’ Lenmeldy™ (atidarsagene autotemcel), a hematopoietic stem cell (HSC) gene therapy for the treatment of pre-symptomatic late infantile, pre-symptomatic early juvenile and early symptomatic early juvenile metachromatic leukodystrophy (MLD). Lenmeldy received approval by the FDA on Monday, March 18. “It is wonderful to see Orchard Therapeutics reach this goal. This accomplishment is a strong proof point of our commitment at AGC Biologics to collaborating directly with developers to meet rigorous regulatory standards and achieve the best possible results for our partners,” says Patricio Massera, CEO of AGC Biologics. Lenmeldy is the first therapy to receive U.S. FDA approval for MLD. With this announcement, AGC Biologics Milan becomes the only global CDMO site to receive the regulatory agency’s clearance to produce this treatment for patients in the U.S. commercially. The FDA approval is the culmination of a partnership that started in 2018 with Orchard Therapeutics, which also includes guiding the product through commercial approval by the European Commission (EC) in 2021. AGC Biologics’ Milan site is uniquely connected to this product’s full lifecycle, as the facility and its scientific teams partnered with each company that owned this treatment’s IP over the last 20 years to help advance it from research and development stages to this DP commercial milestone. “We congratulate Orchard for reaching this important stage. Our team has had the privilege of supplying every clinical milestone for Lenmeldy and are glad to see it reach FDA approval,” said Luca Alberici, General Manager of AGC Biologics Milan. “I am proud of the work of the Milan team. This demonstrates our unique ability to collaborate on technical processes to deliver groundbreaking treatments to patients worldwide. This approval makes our site one of the rare few in the viral vector and genetically modified cells field that has commercial manufacturing authorization from two of the world’s leading regulatory authorities." "AGC Biologics has played a pivotal role as a strategic partner throughout the clinical development and commercial scale-up of atidarsagene autotemcel, which helped facilitate regulatory approvals in Europe and the U.S.," said Nicoletta Loggia, Ph.D., chief technical officer of Orchard Therapeutics. "Utilizing our best-in-class commercial HSC gene therapy manufacturing platform, we have consistently met the demands for drug product production since the European launch in early 2021. This has enabled us to provide treatment to patients from three continents, including Europe on a commercial basis, the Middle East through treatment abroad programs, and the U.S., under compassionate use. With the recent U.S. approval, we are excited to further expand access to this vital therapy for eligible children with early-onset MLD. The AGC Biologics Milan location has 30 years of experience in the cell and gene field and expertise with complex advanced cell therapy projects. The core team has guided three cell therapy products from development to commercial stages and has manufactured hundreds of batches of cell therapies for clinical and commercial usage. The site serves as the AGC Biologics’ Global Cell and Gene Center of Excellence for AGC Biologics. The team has a track record for helping developers meet regulatory guidelines and achieve quality performance metrics, and experience with navigating the unique complexities of technology transfers and scaling up and scaling out manufacturing within the cell and gene space. To learn more about AGC Biologics’ global cell therapy services, visit: www.agcbio.com/capabilities/cell-therapy, go to www.agcbio.com/capabilities/viral-vector and learn more about the CDMO’s viral vector offerings. Lenmeldy™ (atidarsagene autotemcel) is a trademark of Orchard Therapeutics. About AGC Biologics: AGC Biologics is a leading global biopharmaceutical Contract Development and Manufacturing Organization (CDMO) with a strong commitment to delivering the highest standard of service as we work side-by-side with our clients and partners, every step of the way. We provide world-class development and manufacture of mammalian and microbial-based therapeutic proteins, plasmid DNA (pDNA), messenger RNA (mRNA), viral vectors, and genetically engineered cells. Our global network spans the U.S., Europe, and Asia, with cGMP-compliant facilities in Seattle, Washington; Boulder and Longmont, Colorado; Copenhagen, Denmark; Heidelberg, Germany; Milan, Italy; and Chiba, Japan. We currently employ more than 2,500 employees worldwide. Our commitment to continuous innovation fosters the technical creativity to solve our clients’ most complex challenges, including specialization in fast-track projects and rare diseases. AGC Biologics is a part of AGC Inc.’s Life Science Company. The Life Science company runs ten different facilities focused on biopharmaceuticals, advanced therapies, small molecule active pharmaceutical ingredients, and agrochemicals. To learn more, visit www.agcbio.com. Contact Details AGC Biologics Nick McDonald +1 425-419-3555 nmcdonald@agcbio.com Company Website https://www.agcbio.com/

March 18, 2024 11:30 PM Pacific Daylight Time

Article thumbnail News Release

Huddle01 Partners with Graviton to Help Accelerate Web3 Startups via VC Syndicate Network

Huddle01

Graviton, one of India’s leading web3-focused accelerators, has unveiled a brand new list of teams that have been accepted into the second edition of its coveted 16-week program. This much-awaited disclosure comes nearly a month after the syndicate-backed fund stopped accepting applications, and was preceded by a nationwide hunt for builders, including a 2-month national roadshow across New Delhi, Pune, Chennai, Hyderabad, Kochi, and Bangalore. Last year, Graviton announced its maiden portfolio of teams that were building for web3 infrastructure tools, DeFi, payments & rewards, real-world asset tokenization, and GameFi. Their inclusion in the cohort translated into an average seed investment of $42,000 per team, alongside a carefully curated combination of 1:1 technical workshops with mentors in business, web3 tech fundamentals, security, marketing, sales, and fundraising. One unique advantage that the Graviton-backed crop of teams had, was that they received hands-on feedback & training in terms of refining their fundraising efforts, directly from VCs who are a part of the Graviton capital network. This includes the Hashkey group (A leading force in Asia’s web3 investments), NGC Ventures, Moonrock Capital, and many others. A globally simulcast Demo Day & a series of targeted outreach campaigns at the end of the program elevated the visibility of Graviton-backed startups, resulting in quick closures of the follow-up funding rounds for these teams. Notably, Fetch.xyz raised $1.5Mn in a pre-seed round led by Hashkey. The GameFi team in question was wholly acquired by a global player, and the other teams (Spydra, Zoth, etc) are on their way to completing & announcing their respective venture funding rounds. “We were excited then, and we’re positively thrilled now”, quips Graviton CEO Arpit Nik, who floated the idea of launching an India-focused accelerator during his time as a General Partner in a global web3 fund. “We’ve always believed in the potential of investing in and then grooming some of India’s strongest founders, and the results have perpetually yielded fascinating, high-quality products that make the Indian ecosystem proud”. He refers, of course, to the pedigree of founders such as Manish Tewari, Pritam Dutta, Mandar Ray, and many others who have graduated from the Graviton stable. Huddle01 seeks to enable powerful projects and teams around the world operate at scale through its celebrated and completely decentralized video conferencing infrastructure, and through Graviton, the platform will continue to have exposure to, as well as fuel both 1:1 and 1:many sessions between Graviton’s mentors and folks building some of the most potent next-gen web3 infrastructure. Additionally, they will have a first-access viewpoint of the progress of the teams in the cohort, in the build-up to a global Demo Day in winter this year. “Enabling collaboration and innovation is at the heart of what we do at Huddle01. Excited to be joining forces with Graviton for the second volume of their Accelerator Program and act as a catalyst to help propel such innovative ideas forward. We're not just providing a platform for video meetings; we're fostering a community where early-stage startups can thrive”, adds Ayush Ranjan, Co-founder & CEO at Huddle01. “This year, the competition was way tougher, with global attention glued to bull market movements in the space. Newer teams, technology stacks and collaborations have emerged since we last went out scouting for projects. More than 500 applications came in, and the teams that have made the final cut, were subjected to extreme scrutiny. We look forward to the growth journey that lies ahead!” remarked Shomprakash Sinha Roy, who runs point on brand storytelling, and personally met applying projects during the India Blockchain Week, and the subsequent national tour (#BlockchainYatra). Meet the Second Volume of Graviton-backed startups Nexity Network, led by founder Catalin Fetean, is revolutionizing the business landscape. With a background spanning engineering, sustainable development, supply chain, customer experience, and design, Catalin drives innovation. At Nexity, he champions blockchain and circular economy principles, shaping TradeFi, a groundbreaking platform automating operations, reducing risks, and providing real-time global trade insights. Ultimate Digits Inc., founded by Atharva Sabnis, pioneers Ethereum Phone Numbers for Web3 Identity and Smart Contract-based Telephony. Their platform transforms your phone number into your crypto wallet's address, offering virtual Web3 phone numbers for privacy, starting with the unique +999 country code, as NFTs. Ultimate Digits also provides decentralized VOIP, Web3 transaction alerts over text, and multi-factor authentication, making it a comprehensive solution for Web3 communication needs. The next Graviton-backed team is Evolv Art, founded by Madhav Khandelwal, is a visionary venture poised to redefine digital engagement. Madhav's journey began in 2018, crafting web3 products for renowned projects like CoinDCX and Carbon Protocol. At Zilliqa, he was the Ecosystem Design lead, catalyzing the launch of 22 projects and nurturing 178 more, including the groundbreaking Zilswap and Zilpay. In 2021, Madhav embarked on his entrepreneurial odyssey, founding the NFT sensation DeMons. Evolv Art is his latest brainchild, aimed at mainstreaming web3 technologies into everyday brand strategies. Evolv envisions a future where digital interactions are seamlessly integrated, benefiting both businesses and consumers. As a pioneer in this space, Evolv Art strives to drive ethical and sustainable practices, propelling a new era of digital innovation. Quantlytica, led by co-founder and CMO Wesley Liao, is a fintech trailblazer revolutionizing cryptocurrency investment. Their AI-driven solutions cater to both retail and institutional investors, enhancing engagement and maximizing returns. Over the next five years, Quantlytica aims to redefine DeFi, pioneering AI-driven investment solutions that transform how individuals and institutions interact with crypto markets. Their vision includes global expansion, diverse user adoption, and strategic partnerships within the crypto ecosystem. Quantlytica isn't just a platform; it's a beacon of financial empowerment in the Web3 era, prioritizing returns, APR, and protecting against potential losses. The next Volume 2 inductee is Allocate Back, helmed by seasoned FinTech founder Rajesh K (A seasoned technology professional & 2X founder with20+ years in financial services, telecom, blockchain & cloud SaaS across APAC, Middle East & Europe, presently based in Singapore) and a team operating in stealth mode in Bangalore. Allocate Back is dramatically changing the dynamics of web3 RWA investing with an AI-enabled algorithm that pools capital into a Mother Token, dynamically drip allocating it to multiple Asset Backed Tokens across various RWA platforms globally. Their “Drip Investment & Drip Divestment” strategy (patent pending), will significantly enhance liquidity in RWA Tokens while simultaneously reducing risk through diversification, and enhancing returns by dynamically increasing allocations to top-performing RWA Managers. Users pay only 15% of the profits, rather than a fixed management fee, making Allocate Back a flexible and lucrative investment platform for the Web3 era. Other Graviton-led investments in the current season include Gameland, which focuses on incentives and payments for data, modules & compute resources, as well as Stake n Bake, an omni-chain GameFi platform that allows its users to farm virtual cannabis in a world that is becoming increasingly observant of marijuana legalization laws, supported by farming yields in its native $BUDS token, an expectant bull-run champion. Source: Huddle01 Contact Details Colin Landers colin@energentmedia.net Company Website https://huddle01.com/

March 19, 2024 01:30 AM Central Daylight Time

Image
Article thumbnail News Release

HTX and Poloniex Elevate Exchange Security with FearsOff Partnership

HTX

HTX, together with Poloniex, announces a new partnership with Dubai-based cybersecurity firm FearsOff, known for its elite team of offensive security researchers, specializing in offensive attack analysis and protecting crypto-exchanges. This partnership aims to improve HTX and Poloniex’s existing security infrastructure with asset and data protection by integrating FearsOff’s specialized expertise. This partnership reflects an ongoing commitment to ensuring the safety of user assets and data by addressing specific security challenges collaboratively. The Chief Operating Officer at FearsOff, Marwan Hachem, commented on this partnership "We’re thrilled to partner with HTX and commend its leadership for taking proactive measures to be one step ahead of future threats. Often, the best defense is a good offense; this collaboration enables us to identify and neutralize potential vulnerabilities before malicious hackers can exploit them, thereby preventing future breaches." About HTX: Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. About Poloniex: Founded in January 2014, Poloniex is a global cryptocurrency exchange that supports spot and futures trading. With a world-class trading platform, Poloniex received funding from H.E. Justin Sun, Founder of TRON, in 2019 to widen its international customer base. Poloniex now provides services in over 100 countries and regions, in various languages. In 2022, Poloniex launched its new trading system with higher speed, stability, and usability. Joining hands with TRON, which is the national blockchain for the Commonwealth of Dominica with TRX granted statutory status as legal tender in the country, Poloniex will continue on its mission to connect users to the power of cryptocurrency. About FearsOff: Prior to its official Dubai debut in 2022, the FearsOff core team of veteran ethical hackers collaborated for over 15 years on hundreds of projects. FearsOff is rapidly positioning itself as the first choice security vendor for top exchanges. Its proven superior capabilities propelled it to the #1 rank on the Binance Hall of Fame on bugcrowd.com, and to the #1 rank on the KuCoin Top Hackers List on hackenproof.com. Participating in bug bounty hunting has been an effective way to showcase the team’s expertise, as results speak louder than promises.https://fearsoff.org Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

March 18, 2024 10:04 PM Eastern Daylight Time

Article thumbnail News Release

NTG Clarity Announces Share Consolidation

NTG Clarity Networks Inc.

Toronto, ON / T heNews wire / March 18, 2024 / NTG Clarity Networks Inc. (TSX.V:NCI, OTC: NYWKF); NTG Clarity Networks Inc. (the “ Company ”) announces that it plans to proceed with a consolidation of its outstanding common shares (“ Shares ”) on the basis of one (1) post-consolidation Share for every five (5) pre-consolidation Shares (the “ Consolidation ”).   The Consolidation was approved by shareholders at the annual and special meeting of shareholders held on July 7, 2023. The Shares are expected to begin trading on a consolidated basis on the TSX Venture Exchange on March 20, 2024.   As a result of the Consolidation, the number of issued and outstanding Shares will be reduced from 187,672,355 Shares to 37,534,471 Shares, subject to treatment of fractional Shares.   Any fractional interest in Shares that is less than 0.5 of a Share resulting from the Consolidation will be rounded down to the nearest whole Share and any fractional interest in Shares that is 0.5 or greater of a Share will be rounded up to the nearest whole Share.   The new CUSIP number for the post-consolidation Shares is 62940V203 and the new ISIN number is CA62940V2030.   Shareholders who hold their Shares in brokerage accounts are not required to take any action to affect an exchange of their Shares.   Registered shareholders will receive a letter of transmittal from Odyssey Trust Company, the Company’s transfer agent. The letter of transmittal will contain instructions on how registered shareholders can exchange their share certificates representing pre-consolidation Shares for new certificates representing post-consolidation Shares. Until surrendered, each share certificate representing pre-consolidation Shares will represent the number of whole post-consolidation Shares to which the holder is entitled as a result of the Consolidation.   About NTG Clarity Networks Inc. NTG Clarity Networks’ vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking, and IT solutions to large enterprises including financial institutions and network service providers. More than 600 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry’s leading enterprises.   Forward Looking Information Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this press release contains forward-looking information with respect to the completion of the Consolidation and the expected timing of the Shares trading on a consolidated basis. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. The material factors and assumptions include obtaining all necessary regulatory approvals of the Consolidation, general economic conditions, market conditions, interest rates, exchange rates, access to capital and competitive conditions in the networking, IT and network enabled software solutions industry. The Company cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward- looking information. The foregoing statements expressly qualify any forward-looking information contained herein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   For Further Information: Adam Zaghloul, Vice President, Strategy & Planning NTG Clarity Networks Inc. Ph: 905-305-1325 Fax: 905-752-0469 Email: adam@ntgclarity.com

March 18, 2024 05:01 PM Eastern Daylight Time

Article thumbnail News Release

NTG Clarity Announces $50M Revenue Target for 2024 with Announcement of New POs for Work Valued at $6.5M CAD

NTG Clarity Networks Inc.

Toronto, ON / TheNewswire / March 18, 2024 / NTG Clarity Networks Inc. (TSX.V:NCI, OTC: NYWKF); NTG Clarity is excited to announce its 2024 revenue target of $50M (at an estimated gross margin of 40%), and that it has received 14 new purchase orders (POs). These POs are for $6.5M CAD in new work and renewals for new and existing customers in the Financial, Telecom, Utilities, and Food & Beverage sectors.   These contracts -- for both outsourced professional services and software solutions -- will result in the placement of more than 100 staff onsite and offshore to service these customers. The breakdown of the work is as follows, with all customers in the Middle East unless otherwise noted:   $2.55M in POs new work:     $1.8M for Outsourced Professional Services: $1.2M to provide offshore staff for three months for an existing customer in the Digital Solutions sector   $637K across two POs to provide onsite and offshore staff to two existing customers in the Financial sector   $750K for Software Products:   $216K to provide our NTGapps software platform for new customer in the Utilities sector in Canada   $162K to provide software support for our NTGapps platform for an existing customer in the Financial sector   $135K to provide a Utility Billing solution built on our NTGapps platform for a new customer in the Utilities sector   $115K to build an ERP system on our NTGapps platform for a new customer in the Food Beverage sector   $108K to build an ERP system on our NTGapps platform for an existing customer in the Financial sector   $14K to further customize our NTGapps platform for an existing customer in the Telecom sector   Product contracts typically come with recurring revenue from support, maintenance, and change requests. $3.9M in POs for renewal work:     $3.847M for Outsourced Professional Services:   $3.6M to renew onsite and offshore staff for one year for an existing customer in the Financial sector   $159K to renew onsite staff for six months for an existing customer in the Telecom sector   $91K to renew onsite staff for one year for an existing customer in the Financial sector   $53K for Software Products:   $53K across two POs to expand our NTGapps platform for an existing customer in the Telecom sector     NTG’s current work on hand (which includes unbilled POs as of January 1, 2024, and new POs received and previously announced since then) is approximately $40M, the majority of which is expected to be completed in 2024. This puts NTG well on the path to reach our 2024 revenue target of $50M with a targeted bottom-line profit of 10%.   With the revenue from these POs, and an improved capital structure following our announced share consolidation, we look forward to continuing to prioritize our two focuses for 2024:   Continuing our growth trajectory. With demand increasing – especially for our outsourced professional services offering – we expect growth to continue through 2024 and beyond. As previously mentioned, NTG’s revenue target for 2024 is $50M.   Drive further profitability. With three years of consistent profitability under our belt, we’re actively identifying opportunities to make sure as much of this new revenue as possible flows on to the bottom line. NTG’s 2024 bottom line profit margin target is 10%.   With this increased profitability, management looks forward to paying down existing liabilities and improving the company’s balance sheet.   Combined with the share consolidation, shareholders can look forward to seeing rapidly improving earnings and profit per share with this growth.   “We are elated to see our strong growth from 2023 continue into 2024 with this set of new contracts from new and existing customers alike,” said Adam Zaghloul, Vice President – Strategy & Planning of NTG Clarity. “In addition to new and expanded contracts with existing long-time customers, it is exciting to see several orders for our proprietary NTGapps software platform including a new customer in North America.”   With over 30 years of experience and a strong presence in the digital transformation market in the Middle East and worldwide, NTG Clarity is well positioned capitalize on this accelerating growth and be one of the major players in the space.    About NTG Clarity Networks Inc. NTG Clarity Networks’ vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking, and IT solutions to large enterprises including financial institutions and network service providers. More than 600 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry’s leading enterprises.   Forward Looking Information Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “inte nd”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on NTG Clarity’s current beliefs or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.   In particular, this press release contains forward-looking information with respect to anticipated financial and operating results, work in process, customer demand, repayment of indebtedness and earnings growth. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to NTG Clarity. The material factors and assumptions include general economic conditions, market conditions, interest rates, exchange rates, access to capital, availability of personnel, protection of intellectual property rights and competitive conditions in the networking, IT and network enabled software solutions industry.   NTG Clarity cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and NTG Clarity is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward- looking information. The foregoing statements expressly qualify any forward-looking information contained herein.   Certain forward-looking information in this press release may also constitute “financial outlook” within the meaning of applicable securities legislation. Financial outlook involves statements about NTG Clarity’s prospective financial performance or position and is based on and subject to the assumptions and risk factors described above in respect of forward-looking information generally as well as any other specific assumptions and risk factors in relation to such financial outlook noted in this press release. Such assumptions are based on management’s assessment of the relevant information currently available, and any financial outlook included in this press release is made as of the date hereof and provided for the purpose of helping readers understand NTG Clarity's current expectations and plans for the future. Readers are cautioned that reliance on any financial outlook may not be appropriate for other purposes or in other circumstances and that the risk factors described above or other factors may cause actual results to differ materially from any financial outlook. For Further Information: Adam Zaghloul, Vice President, Strategy & Planning NTG Clarity Networks Inc. Ph: 905-305-1325 Fax: 905-752-0469 Email: adam@ntgclarity.com   Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

March 18, 2024 05:01 PM Eastern Daylight Time

Article thumbnail News Release

Spring Bird Makes its Expo Debut at the 2024 Texas Transit Association State Conference, Expo, and Roadeo

Spring Bird

Spring Bird, a name synonymous with excellence and innovation in the transportation industry, is thrilled to announce its first-ever expo attendance at the Texas Transit Association (TTA) State Conference, Expo, and Roadeo from March 15-20, 2024, in San Antonio, Texas. This landmark event marks Spring Bird's grand entrance into the expo scene, showcasing their comprehensive range of services, including maintenance, retrofitting, leasing, and sales of transit-style buses. Spring Bird, under the visionary leadership of Elliott Carson, continues the legacy of the Carson family in the bus industry, bringing over 75 years of combined experience and dedication to quality, safety, and customer satisfaction. The company specializes in offering top-tier transit buses from renowned manufacturers like New Flyer, and Gillig, emphasizing the latest safety features and technological advancements. Spring Bird’s cutting-edge rehabilitation services will be the heart of its expo showcase. Attendees will learn about the company’s capabilities in performing minor repairs, major overhauls, and retrofitting buses with the latest low-emission engines and GPS tracking systems. Spring Bird is committed to providing customized solutions that meet clients’ unique needs, whether they want to purchase new buses or service their existing fleets. Elliott Carson, representing the fourth generation of the Carson family in the bus industry, expressed his enthusiasm about participating in the TTA State Conference, Expo, and Roadeo: "We are excited to debut at this wonderful event and look forward to connecting with transit agencies and other entities from Texas and across the United States. Our attendance at the TTA Expo is a testament to Spring Bird's commitment to excellence and innovation in providing high-quality, affordable transportation solutions." Texas is also the home of Spring Bird, located in Austin, TX. The Texas Transit Association, organized in 1986, brings together metropolitan, small urban, and rural transit agencies, along with private and public entities from across the country, making it the perfect platform for Spring Bird to introduce its services to a wider audience. Visit Spring Bird at the 2024 TTA State Conference, Expo, and Roadeo to explore how they can support your transit needs with their high-quality buses and comprehensive rehabilitation services. About Spring Bird: Spring Bird is a premier provider of transportation solutions specializing in the sale, leasing, and service of heavy-duty transit buses and motor coaches. Drawing from the rich Carson family legacy in the transportation industry, Spring Bird offers an inventory of high-quality buses from leading manufacturers and provides customized rehabilitation services, including minor repairs, major overhauls, and technological retrofitting. Dedicated to safety, innovation, and customer satisfaction, Spring Bird addresses the unique needs of cities, transit agencies, and private operators, ensuring reliable and efficient transportation solutions. Contact Details Spring Bird Media Contact press@springbirdbus.com Company Website https://springbirdbus.com

March 18, 2024 03:00 PM Central Daylight Time

Image
12345 ... 3421