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NCMA Locks in High-Caliber Lineup for World Congress

National Contract Management Association

World Congress, the nation's premier event for contract management, procurement, and acquisition professionals announced the event's return to Chicago with an esteemed lineup to prepare for a "Yes, and" world. World Congress consistently features leaders and influencers as keynote speakers and leaders of engaging sessions. This year, World Congress attendees will hear from the most sought-after experts who continue to drive significant and impactful innovation, including: Chicago Jazz Philharmonic Double Quartet Jason Schenker, President, Prestige Economics and Chairman, Futurist Institute Zach Baumann, Talent Researcher, Air Force Personnel Center Orbert Davis and members of the Chicago Jazz Philharmonic Double Quartet will open World Congress and lead participants in an interactive and entertaining session on what great leadership looks, feels, and sounds like using the concepts of improvisation. Jason Schenker, one of the world's top economic and financial forecasters, will provide his outlook on the economy, financial markets, and labor market. Schenker is the President of Prestige Economics and Chairman of The Futurist Institute. He has been ranked one of the most accurate financial forecasters and futurists in the world. Bloomberg News has ranked Mr. Schenker a top forecaster in 46 categories, including #1 in the world for his accuracy in 26 categories, including for his forecasts of the Euro, the British Pound, the Swiss Franc, the Russian Ruble, the Chinese Yuan, crude oil prices, natural gas prices, gold prices, industrial metals prices, agricultural commodity prices, and U.S. jobs. Zach Baumann, an active-duty U.S. Air Force Support Officer who has been disrupting the DoD status quo since his first day of military field training, will close World Congress with a look at today's gaming communities and explore the power they hold for the future of the DoD. Specializing in the “people” enterprise, Bauman’s work has been repeatedly recognized for his innovative and “why not” approach to solving problems, shaping strategy, and influencing others. Before starting his current job as a talent researcher at the Air Force’s Personnel Center, Baumann completed an MBA at the University of Colorado – Boulder focused on analytics and entrepreneurship. In between classes, Baumann co-founded Air Force Gaming, a grass-roots movement of digital natives that is changing the future of how service members connect. “I am thrilled to welcome Jason and Zach to the main stage, and to bring powerful improvisation skills to our community,” said Kraig Conrad, NCMA Chief Executive Officer. The NCMA community is excited to hear from these world-renowned visionaries and learn how to re-imagine and re-shape the future of contract management. World Congress will be hosted as a hybrid event July 17-20, 2022, with both virtual and in-person experiences. The in-person event will be held at the Hyatt Regency Chicago in Chicago, and the virtual event will be delivered through an immersive online platform. Visit ncmahq.org/worldcongress for more details to learn more about the conference. The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. Contact Details Jennifer Knowlton +1 571-382-1127 jennifer.knowlton@ncmahq.org Company Website https://www.ncmahq.org/

March 25, 2022 09:12 AM Eastern Daylight Time

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CAF AMERICA JOINS AMERICAN CHAMBER OF COMMERCE IN POLAND TO LAUNCH CORPORATE AID FOR UKRAINE FUND

CAF America

CAF America, America’s nonprofit leader in international grantmaking with a network of more than 1.8 million charities globally, announced the launch of Corporate Aid for Ukraine (CAU) Fund in partnership with the American Chamber of Commerce in Poland’s (AmCham Poland) Corporate Aid for Ukraine initiative and with the support of the honorable U.S. Ambassador to Poland, Mark Brzezinski. The CAU Fund is a donor-advised fund that empowers corporations to provide effective, impactful aid to Ukrainians during this dire time. The fund is a critical resource in the current humanitarian aid landscape, providing access to frontline aid, enabling tax-deductible donations, providing support from the U.S. Embassy, and ensuring all charity partners are validated charitable organizations, among others. “We are honored to be working in partnership with the American Chamber of Commerce of Poland,” says Ted Hart, President & CEO of CAF America. “CAF America is currently working with over 50 charitable organizations across Europe to provide humanitarian support for Ukrainians, and this fund will help further those efforts by creating access for corporate donors to ensure their charitable contributions have the highest impact and go to those most in need.” “Corporate Aid for Ukraine and AmCham Poland are in a unique position to help the Ukrainian people, including the more than three million refugees who have fled their motherland – of which more than two million have already arrived in Poland,” says John P. Lynch, Founder of CAU, and AmCham Treasurer and Board Member. There is a massive and unprecedented need for financial support for humanitarian aid. “U.S. corporations and businesses are an incredibly important source of funding on the frontlines for aid,” says Tony Housh, Chairman of AmCham Poland. “Our advisory board and AmCham Poland will work in partnership to closely monitor the evolving situation and respond promptly to emerging needs and rapidly evolving challenges as this humanitarian crisis continues to develop.” Benefits of the CAU fund include: Frontline Aid. AmCham Poland, the board and volunteer executives are on the front line of the Ukrainian humanitarian crisis. The Critical Role of Poland. Poland is an EU and NATO-member nation bordering Ukraine. 62% of Ukrainian refugees are in Poland. There are proven open supply-chains into Ukraine from the Polish border. The CAU and AmCham board has decades of experience and are well-connected with Polish government, institutions and businesses, plus has strong contacts within Ukraine. We can get things done here near the front line. Tax-deductible donations. Corporate or individual donations to the CAU Fund to support Ukrainian aid will be fully tax deductible (under U.S. tax laws) as CAF America is a US public charity. U.S. Embassy Support. As AmCham's Honorary Chairman, U.S. Ambassador Mark Brzezinski “applauds AmCham's role in creating Corporate Aid for Ukraine and encourages U.S. firms to support front line Ukrainian humanitarian efforts such as the CAU Fund.” Donations from outside the United States. The CAU Fund can accept donations from companies and individuals from around the world, but non-U.S. donors should check their local regulations regarding the tax-deductible status of donations. Donations made to the CAU Fund in non-dollar currencies will be converted to US dollars and distributed to grantees in the currency of their preference. Strictly humanitarian aid. To qualify for tax-deductibility, donations must be used exclusively for humanitarian efforts. Among the many uses, your donations will be used for the purchase of food, hygienic products, medicines and medical supplies, and more. Straight to those in need. AmCham-appointed CAU donor advisors will advise donated funds to established, validated charities in Poland and aid organizations on the front lines providing immediate support to Ukrainian citizens in the country and refugees in Poland. Full Vetting. Every grantee will be vetted by both Charities Aid Foundation America and CAU / AmCham Poland. As AmCham's Honorary Chairman, U.S. Ambassador Mark Brzezinski said he “applauds AmCham's role in creating Corporate Aid for Ukraine and encourages U.S. firms to support front-line Ukrainian humanitarian efforts such as CAU. I am in deep admiration of this unprecedented initiative to help your neighbors in crisis. This is a perfect example of the very best the U.S. can be in the face of a crisis of historic proportions.” To learn more, please visit https://amcham.pl/corporate-aid-ukraine. About CAF America A leader in international philanthropy since 1992, CAF America (Charities Aid Foundation of America) has been assisting corporations, foundations, and individuals in making strategic, effective, and tax-advantaged gifts internationally and domestically. Whether supporting organizations worldwide, providing swift responses to major disasters, or helping build connections between global communities, CAF America turns donors' visions into impact. CAF America's worldwide reach translates into more than $1.5 billion in donor funds and over 1.8 million eligible organizations in 110 countries. About CAF The Charities Aid Foundation is a leading charity operating in the UK and internationally. Our work connects and enables the vital organizations, institutions and individuals working together to ensure that everyone has a stake in the future. We believe that the agency of lasting change lies across sectors and borders, in the hearts, minds and hands of those driven to make a difference. We exist to accelerate progress in society towards a fair and sustainable future for all. Experts in safe and effective cross-border giving, CAF is a UK-based foundation that works with private philanthropists, businesses, individuals and Government in the UK, US and Canada to send funds to charities working across hundreds of causes around the world. Contact Details Curley Company Erika Dyer +1 703-906-6368 erika@curleycompany.com Company Website https://www.cafamerica.org/

March 24, 2022 02:55 PM Eastern Daylight Time

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Minuteman Press Printing Franchise in Libertyville, Illinois Has Grand Opening

Minuteman Press International Inc

Tamika and Martin Neal are the new owners of their Minuteman Press franchise located at 113 E. Cook Ave., Libertyville IL 60048. They recently held their grand opening in conjunction with the GLMV Chamber of Commerce. Tamika says, “At Minuteman Press in Libertyville, we pride ourselves on personalized service. We can transform your vision into a creative, professional product for a full range of printed materials.” Prior to becoming Minuteman Press owners, Tamika and Martin worked in real estate and law enforcement. Tamika shares, “Martin was and is currently a police officer. I was a realtor and we jointly invested in real estate primarily in Chicago.” “We chose to franchise with Minuteman Press because they are highly ranked in the printing industry and have a proven track record of success. We were very impressed with the ongoing training and support and the ability to have a local field representative assist us as we grow our business.” -Tamika Neal, Minuteman Press franchise owner, Libertyville, IL Already, Minuteman Press in Libertyville is helping their clients by providing high-quality, in-demand products. Tamika says, “We’re finding that brochures, booklets, and direct mail are in very high demand. These marketing materials help businesses stand-out, stay top of mind, and attract new customers.” For more information on Minuteman Press in Libertyville, visit https://minuteman.com/us/locations/il/libertyville. Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. Contact Details Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

March 22, 2022 09:15 AM Eastern Daylight Time

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Kamau-Imani Appointed Election Integrity Chief

Sharon Macasil - Media Kamp, LLC.

In the aftermath of what can only be called a disastrous 2022 Texas Primary, the Texas Nationalist Movement (TNM) has created a new task force focused on Texas election integrity. Apostle Claver T. Kamau-Imani has been appointed Director of the TNM Election Integrity Task Force. Kamau-Imani’s recent post was as campaign manager for the 2022 Texas Lt. Governor candidacy of Daniel Miller. He currently serves on the TNM Advisory Board, is Chief Counsel to the President of the TNM, and chaplain. The 420,000+ members and supporters of the TNM are outraged at the conduct of the just-concluded Texas primary and the organization’s leadership team is intent on expanding its activism to include the issue of Texas election integrity. A Statement from Apostle Claver T. Kamau-Imani: “It’s very humbling and an honor to have fellow Texas-first, liberty-driven patriots continue to call on me to play critical roles in our collective activism. I want to express my gratitude to the TNM brain trust for expressing such confidence in my leadership abilities. “This is a daunting task. We must educate our members, supporters, and concerned Texans of all political stripes about the untrustworthiness of the Texas election system. The task force will achieve three objectives: continue investigation, build an election ground force through the establishment of a coalition, and construct the framework for 2023 election integrity legislation. “As of now, Texas does not have a trustworthy election system. The electorate is full of doubt about election outcomes. Until a trustworthy election system is created in Texas, the legitimacy of the Texas government will remain in question.” A statement from Daniel Miller, Founder and President of the TNM: “Over the years Claver has become an important part of our team. Post-election he has already been working on this issue, and it was a natural choice to ask him to continue his current work of investigation into what happened in the 2022 Texas Primary, but also take the lead on establishing the ultimate solution to this most-crucial component of our state governance.” Contact Details Sharon Macasil Sharon@mediakamp.com

March 21, 2022 01:07 PM Eastern Daylight Time

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Breeze Airways Joins NACA

National Air Carrier Association

The National Air Carrier Association is pleased to announce that Breeze Airways, Inc. (“Breeze”), has joined as NACA’s 20th airline member. “NACA is delighted to welcome Breeze as a full member,” said NACA President and CEO George Novak. “David Neeleman and his team present the flying public with affordable, eco-friendly flight options, with 77 routes between 28 cities in 18 states. With Breeze onboard, we now provide a more unified voice in Washington, D.C., for the nation’s low-cost and ultra-low-cost carriers, the fastest growing segment of the U.S. airline industry. Our continued growth demonstrates the strength of our advocacy on behalf of our members.” “The National Air Carrier Association provides their airline members with a valuable opportunity for discussions of consumer, economic, safety and security regulations with Members of Congress, and DOT, FAA, and TSA staff,” said Breeze CEO David Neeleman. “We look forward to working with NACA on addressing key issues facing the air transportation industry.” NACA’s low-cost and ultra-low-cost airline members include Allegiant Air, Avelo Airlines, Breeze, Frontier Airlines, Spirit Airlines and Sun Country Airlines. This segment is leading the airline industry recovery from the Covid-19 pandemic, as leisure travel quickly returned to pre-pandemic levels. About NACA Founded in 1962, NACA is the leading voice for airlines that provide affordable transportation of passengers and cargo, with its 20 U.S. airlines serving six continents. NACA members fill a unique niche in the air carrier industry, providing scheduled and non-scheduled passenger and cargo services to meet the ever-changing demands of the traveling public, businesses, and the U.S. military. For more information, please visit https://NACA.aero. About Breeze Airways Breeze is a U.S. Part 121 domestic flag airline flying a mix of Embraer 190, 195 and Airbus A220 aircraft. The airline provides scheduled nonstop passenger service between 28 cities across 18 states. Founded by aviation entrepreneur David Neeleman, Breeze is a low fare carrier offering “new, nice and nonstop flights” between secondary airports, bypassing hubs for shorter travel times. Breeze’s mission is to make the world of travel simple, affordable and convenient, using technology, ingenuity and kindness to improve the travel experience. For more information, please visit www.flybreeze.com. Contact Details National Air Carrier Association Dan Stohr +1 703-517-8173 dnstohr@naca.aero Company Website https://naca.aero/

March 21, 2022 11:29 AM Eastern Daylight Time

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Get SAT Introduces Two New FULLY Electronic KU ESA Solutions for Aviation, Land, and Maritime

Get SAT

Get SAT is proud to introduce its two newest electronically steerable antennas (ESA), the LESA Aero Ku and the Sling Blade KU Land Maritime (LM). Designed from the ground up for Multi-Orbit/Multi-Constellation operations. These Ku ESA designs use Get SAT’s breakthrough 2D fully electronically steered antenna (ESA) system for SATCOM-on-the-move connectivity. Get SAT’s ESA systems are fully integrated, all in one terminal that are scalable in size and performance to fit various applications in the air, on land, or at sea. LESA Aero Ku is a small, compact solution that will support all ranges of airborne platforms sizes to include wide-body aircraft, executive aviation, and rotary-wing operations, basically any in-flight connectivity. Its low-profile design makes it perfect for integration on any aviation platform to include already in place fuselage mount designs. LESA also enables the end-user the ability to switch from LEO to GEO operations on the move in an instant providing true multi-Orbit operations. Sling Blade Ku LM is Get SAT’s latest design for use with land and maritime on the move platforms with the most stringent of environmental requirements. The Sling Blade Ku LM will provide a fully integrated package including modems. Sling Blade Ku LM’s low profile, compact design allows for a myriad of installation options to support a range of military and commercial use cases. Its Multi-Orbit capabilities will allow government and military planners to support a robust PACE plan for C5ISR requirements. Get SAT’s two new ESA designs have a number of key features: both have 2D beam steering, are full-duplex, and conduct handover between satellites in <800ms, in addition to multi-beam operation. Designed with no moving parts, no calibration is required therefore providing long-term reliability and lower maintenance costs. They are optimized for mobile connectivity, have a short acquisition time, and excel in high dynamic tracking in harsh environments. Kfir Benjamin, Get Sat CEO says: “Get Sat has listened to our valued customers and partners. These two new Ku ESA designs are a culmination of two years of data and requirement gathering from our most valued Government and Military end-users. We are extremely proud to deliver what we feel will be a critical piece in future C5ISR planning to provide no-fail communications in the harshest environments” Meet us at the Satellite 2022 Show, booth #1524, at the Walter E. Washington Convention Center Washington, DC. About Get SAT Get SAT is the leading provider of Micronized Satellite Terminals. The InterFlat is the latest breakthrough in antenna panel technology, providing the world’s highest efficiency performance in the smallest package. Combining the InterFlat with our state-of-the-art control and tracking mechanism, creates the most powerful and fully contained satellite terminal system. The InterFlat is a leap forward in capability and SWaP, enabling us to provide truly portable, full-duplex, wide-band satellite communications. Get SAT customers include top-tier defense, commercial and technology companies. The Get SAT team is composed of industry-leading experts with multi-disciplinary skills, dedicated to providing an exceptional, agile, and affordable customer experience. Contact Details Get SAT Ayala Pinhasi +972 76-530-0700 info@getsat.com Company Website https://www.getsat.com/

March 16, 2022 11:00 AM Eastern Daylight Time

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Global employment platform Multiplier raises $60m led by Tiger Global, Sequoia Capital India

Multiplier

Multiplier, a global employment platform, that helps companies employ and pay talent anywhere in the world compliantly, has today announced a $60m Series B funding round. This round was co-led by Tiger Global and Sequoia Capital India with participation from DST Global Partners. The new investment brings Multiplier’s total funding to $77.2m, taking their valuation to $400m. This news comes in less than 3 months since Multiplier’s series A (led by Sequoia Capital India) and just 6 months after seed funding ( through Surge, the Sequoia Capital India start up programme) as the company scales globally. And testament to the growing popularity of the platform, Multiplier’s solution has been recognised and highly-rated in G2 and Capterra. Founded in 2020, at the peak of the pandemic, the company has been solving the problem of global employment by allowing companies to tap into global talent pools effortlessly. “The talent shortage is real and the restrictions due to the pandemic accelerated it. Businesses are finding it hard to hire people with in-demand skills and have opened themselves to the possibility of distributed teams. Meanwhile, candidates have gotten picky about their employers, the actual work, compensation, benefits, flexibility and much more. With this paradigm shift afoot, companies have recently realized that going global is the only way forward. Country borders shouldn’t hinder the search for the right people for the right roles. We are resetting the mantra that hiring people from abroad is a costly, time-consuming, and organizationally daunting effort.” said Sagar Khatri, CEO of Multiplier. Multiplier eliminates the need for organizations to establish their own legal entities to access talent in any country. Businesses that use Multiplier can focus on employing anyone, anywhere in the world in minutes. The company works with customers from across the globe today, with its roots in the Asia Pacific region. Users can manage global payroll, provide benefits, insurance and tackle compliance with ease starting at $300 per employee per month and $40 per freelancer per month. In geographies where businesses have their own entities, Multiplier is helping companies manage payroll for their employees starting at $20 per employee per month. A key focus for Multiplier is the provision of health insurance coverage, a central provision in most standard benefits packages. However, the market is flooded with intermediaries, agents and brokers, so the cost and the value offered becomes extremely important. Multiplier is the only company in the space to provide locally competitive, customizable and homogenous insurance to its customers starting at as less as $20 per employee per month which comes with a detailed factsheet to compare plans. “With this new capital, Multiplier will be able to further accelerate its work towards expanding the global infrastructure, garnering meaningful partnerships and adding new capabilities to our platform. Additionally, we are also on a hiring spree, looking for an all-star team across countries, departments and levels, helping us pivot at scale and deliver premium experiences to our customers.” added Sagar Khatri. Multiplier is doubling down its approach in terms of adding fresh capabilities to its platform. Businesses can now self-register on the platform and instantly send their candidates offer contracts in minutes, not days. They can also offer employee stock ownership plans to their employees. The team is also working on rolling out the crypto-payroll features so businesses can pay their freelancers with cryptocurrencies. John Curtius, Partner, Tiger Global commented: “Multiplier is uniquely positioned to capitalize on the massive opportunity that lies ahead for them. We’re happy to be a long term partner as they are solving a deep pain point for businesses enabling them to employ and pay global talent effortlessly. We are particularly impressed with their product velocity and the speed of execution. We believe that the future of teams is global and Multiplier will the be operating system powering those teams.” Rohit Agarwal, Principal, Sequoia India commented: "Today, founders and businesses are not constrained by borders in their thinking. This has been one of the most fascinating trends in the last couple of years and it's a fundamental shift. Several founders across Asia are building for the world from day 1 and hiring from around the world from day 1. We believe globalization of the workforce is one of the most exciting trends of the next decade and are thrilled to see Multiplier facilitate that shift seamlessly for hundreds of companies and thousands of employees." Multiplier has become the leading global employment solutions platform in a very short span, with customers across the globe from startups to listed enterprises. The founders believe that every company, regardless of location, deserves to have access to talented employees. The team is committed to democratizing global employment and its mission of bringing the world's potential to businesses of all sizes. Multiplier envisions a future in which every business is truly global. About Multiplier Founded in Singapore in 2020, Multiplier is a global employment platform that makes it easy for companies to employ teams internationally. Its proprietary technology simplifies the employment process by managing the complexities of local compliance, labor contracts, payroll, benefits and taxes. For further information, visit https://www.usemultiplier.com About Tiger Global Management Tiger Global Management, LLC is an investment firm that deploys capital globally. The firm's fundamentally oriented investments focus primarily on the global internet, software, financial technology, consumer and industrial sectors. The private equity strategy has a ten-year investment horizon and targets growth-oriented private companies. Such investments have included Spotify, Harry's, Warby Parker, Peloton, JD.com, Facebook, LinkedIn, Yandex, Mail.ru Group, Despegar, Ola and Flipkart. The public equity efforts emphasize deep due diligence on individual companies and long-term secular themes. Tiger Global Management, LLC, was founded in 2001 and is based in New York with affiliate offices in Hong Kong, Singapore, Bangalore and Melbourne. About Sequoia Capital India Sequoia helps daring founders build legendary companies, from idea to IPO and beyond. Sequoia India operates in Southeast Asia and India where we actively partner with founders from a wide range of companies, across categories, including BYJUs, Carousell, Druva, Gojek, OYO Rooms, Tokopedia, Truecaller, Zilingo, Zomato and more. We spur founders to push the boundaries of what’s possible. In partnering with Sequoia, startups benefit from nearly 50 years of tribal knowledge and lessons learned working with companies like Airbnb, Alibaba, Apple, Dropbox, Google, LinkedIn and Stripe early on. From the beginning, universities, endowments and other non-profits have been the backbone of our investor base, which means founders’ accomplishments make a meaningful difference. For more information on Sequoia’s work in India and SE Asia, visit - https://india.sequoiacap.com Contact Details Multiplier Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.usemultiplier.com/

March 16, 2022 10:00 AM Eastern Daylight Time

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WATER FOCUS OF UTAH’S 2022 LEGISLATIVE SESSION

Washington County Water Conservancy District

Utah’s 2022 legislative session concluded on March 4 with a record number of water conservation bills and appropriations totaling nearly $500 million in spending. Utah Governor Spencer J. Cox is expected to sign the bills into law in the next few weeks. “Utah’s population and economy are exploding but our water supply is dwindling,” said Brian Steed, executive director of the Utah Department of Natural Resources. “We have to protect, conserve and develop our water. Doing nothing and running out of water isn’t an option.” The bills are designed to help bolster water levels in reservoirs throughout the state by reducing demand via grass rebate programs, additional metering of secondary water and watershed enhancement efforts. Statewide water storage is at a dismal 54% of capacity. “As one of the driest and fastest-growing states in the nation, strains on Utah’s water supply threaten our ability to thrive, our recreational opportunities, our environment, and our food supply,” said Brad Wilson, speaker, Utah House of Representatives. “The actions taken this legislative session to conserve, preserve, and optimize Utah’s water resources reiterate our commitment to address current needs while preparing for the future.” Drought conditions are common throughout Utah, especially in the southwest section of the state. Washington County’s major population centers are currently dependent on one water source that has been in a drought 16 of the last 20 years. The Washington County Water Conservancy District (district) is working with its local municipal partners to pass additional water efficiency ordinances that will eliminate or reduce the amount of grass allowed in new construction and developing a more robust regional wastewater reuse system to help prevent approaching water supply shortages. “We are elevating our water conservation efforts while developing the critical infrastructure our growing community will need to survive a hotter and drier climate in the future, including a wastewater reuse system that will serve our municipal customers,” said Zach Renstrom, general manager of the district. “We have to plan for the future and all its uncertainties or we’ll run out of water.” Included in Utah’s water conservation bills are: About Washington County Water Conservancy District The Washington County Water Conservancy District is a not-for-profit public agency that oversees water resources in Washington County, UT. Visit wcwcd.org for more information. Contact Details Washington County Water Conservancy District Karry Rathje +1 435-673-3617 Karry@wcwcd.org Company Website https://www.wcwcd.org/

March 15, 2022 08:50 AM Mountain Daylight Time

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Akeneo Announces $135 Million Series D to Redefine Product Information Management Category

Akeneo

Akeneo, a global leader in product experience management (PXM) and product information management (PIM), today announced a $135 million Series D financing. The funding round is being led by global growth equity investor Summit Partners. Existing investors Alven and Partech are also participating in this latest round, bringing Akeneo’s total investment raised to $196 million. The new capital will be used to drive continued momentum through an accelerated product development roadmap, key executive hires, and expansion of Akeneo’s strategic partnerships. Akeneo is on a mission to fundamentally disrupt the product information category and better serve the rapidly growing needs of modern omnichannel brands and retailers. While many brands understand that PIM provides an important foundation for creating the engaging product experiences needed to turn first-look browsers into repeat shoppers and loyal customers into lifelong brand advocates, many lack the single source of truth to turn that vision into reality. Akeneo’s PXM solution is designed to help these companies reimagine their operations – making PIM a cornerstone of commercial success and helping influence new growth opportunities and drive revenue across their operations and sales channels. “The customer journey changed in the blink of an eye, and we believe the most nimble and effective way to manage these ever-evolving dynamics is to invest in creating product experiences that resonate no matter where the customer is browsing or buying,” said Fred de Gombert, CEO and co-founder of Akeneo. “Brands and retailers are becoming as invested in building and managing their product information as they are in managing customer information, and we see this trend playing out in our platform adoption rates, new customer additions, and revenue growth. We are extremely grateful to our investors and partners; this momentum would not be possible without their continued support.” Leading global brands including Fossil, 1-800 Flowers, and John Deere leverage Akeneo’s PXM Studio platform to centralize product information, quickly measure and enrich product data quality and consistency, and deliver compelling, consistent, and personalized product experiences across all sales channels and touchpoints; ultimately to increase sales, reduce time to market, and boost productivity. The latest funding round will enable Akeneo to develop its PXM Studio platform further, by incorporating key product information such as real-time product availability and inventory, dynamic pricing, order management, competitive product insights, merchandising information, and user-generated content, with a goal to bring to market new offerings that consolidate this more dynamic and complete picture of product information alongside powerful analytics and insights. The company has gained strong momentum since its Series C in September 2019, and today serves more than 600 customers across 40 countries. Akeneo’s open-source platform has been downloaded more than 80,000 times, with installations growing at a CAGR of more than 170% over the past seven years. Additionally, Akeneo’s partner ecosystem expanded by 30% in 2021, and the company’s employee headcount grew 40% to more than 300 employees in nine countries within the same period. “Brands and retailers today understand the importance of delivering personalized experiences that are rich with relevant product content at every step along the customer buying journey,” said Steffan Peyer, Managing Director at Summit Partners. “The Akeneo team has been visionary in expanding beyond PIM and establishing an elevated standard in PXM, an approach we believe is necessary for both B2B and B2C companies alike. As seasoned technology investors, we have been impressed by the company’s momentum and ability to scale globally, and we look forward to supporting the team as they continue to build Akeneo’s leadership position in the market.” Akeneo is announcing the Series D funding at Unlock 2022, the annual global summit for the PIM and PXM community taking place March 15-16 in Paris. This year marks the in-person return of Unlock, which went virtual in 2021, featuring keynote presentations from Akeneo partners and customers LVMH Group, Boohoo, Accor, Rémy Cointreau, Royal Canin, and more. To learn more about Akeneo, please visit www.akeneo.com. About Akeneo Akeneo is a global leader in Product Experience Management (PXM) helping businesses with products to unlock growth opportunities by delivering a consistent and compelling product experience across all channels, including eCommerce, mobile, print, points of sale and beyond. With its open platform, leading PIM, add-ons, connectors and marketplace, Akeneo PXM Studio dramatically improves product data quality and accuracy, simplifies catalog management, and accelerates the sharing of product information across channels and locales. Leading global brands, manufacturers, distributors and retailers, including Thras.io, Staples Canada, boohoo.com, and Air Liquide trust Akeneo to scale and customize their omnichannel commerce initiatives. Using Akeneo, brands and retailers can improve customer experience, increase sales, reduce time to market, go global, and boost team productivity. For more information: https://www.akeneo.com About Summit Partners Founded in 1984, Summit Partners is a global alternative investment firm that is currently managing more than $42 billion in capital dedicated to growth equity, fixed income and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 550 companies in technology, healthcare and other growth industries. These companies have completed more than 175 public equity offerings, and more than 200 have been acquired through strategic mergers and sales. Summit maintains offices in North America and Europe and invests in companies around the world. For more information, please visit www.summitpartners.com or follow on LinkedIn Contact Details Akeneo North 6th Agency for Akeneo, Nick Eghtessad +1 814-450-7478 akeneo@n6a.com Summit Partners Susan Barr sbarr@summitpartners.com Company Website https://www.akeneo.com

March 15, 2022 05:00 AM Eastern Daylight Time

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