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Chipper Gives Student Loan Borrowers Relief with Lower Payment and Loan Forgiveness Options

Chipper

Chipper, the app that empowers student loan borrowers to better manage their debt, today announced that its full featured mobile app is now available to help borrowers lower their monthly payments and eliminate their debt. Chipper is a simple, easy to use app to help the 44-45 million Americans who have federal student loans manage their debt, find forgiveness, and lower monthly payments. The all-in-one student loan repayment app coincides with student loan payments restarting in October, following the pause that began in March 2020. Student loan debt is the second-biggest consumer debt category after mortgages, with the total amount of student debt now approaching $1.8 trillion and the average monthly payment being $400. Chipper has helped more than 140,000 customers conquer student debt up to four years faster with an average savings of $307 per month. Four out of five (82%) Chipper users find a better repayment plan through its app. "The restart of student loan payments has serious consequences on millions of Americans who are struggling financially and are already dealing with inflation and rising housing costs,” said Tony Aguilar, founder and CEO of Chipper. “Our app uses advanced technology to seamlessly connect student loans and automate enrollments into lower payment plans, improving outcomes for borrowers who are desperate for relief and forgiveness. We have already helped our members qualify for more than $250 million in student loan forgiveness. Chipper is on a mission to discover and take action on the different personalized options and programs that can eliminate their debt.” While more than four million people have enrolled in the SAVE plan, Chipper’s analysis shows that millions more borrowers are eligible for relief and forgiveness programs and their debt can be eliminated in one day if these borrowers take the proper action. Under the Public Service Loan Forgiveness (PSLF) program, Chipper’s research shows: Ninety percent of First Responders could have their debt forgiven. More than half of Educators could see their debt eliminated. One-third of Health Care workers’ debt could disappear. “Borrowers do not have to struggle under mountains of student debt, especially those who work in public service,” added Aguilar. “We know how to successfully apply for lower payments and forgiveness programs. Chipper makes the process easy and more effective so borrowers can successfully tackle their debt, putting them on a path towards savings and long-term wealth creation.” Since its inception in 2018, Chipper has been revolutionizing the way student loan borrowers manage and reduce their debt. By offering clear, actionable insights and strategies, Chipper empowers users to take charge of their financial futures, providing an authentic pathway to success and financial wellness. About Chipper Chipper, based in Austin, Texas, is the all-in-one student loan app that helps borrowers optimize and pay off their student debt faster. Chipper centralizes users' student loans while its algorithm identifies options for repayment management and loan forgiveness tailored to individual users. Chipper makes it possible for users to take further action on student loan repayments and chip away at debt even faster with Chipper Round-Ups and Chipper Rewards features. For more information, please visit chipper.app. Contact Details Joe LoBello Joe@LoBelloCommunications.com Company Website https://www.chipper.app/

October 11, 2023 10:00 AM Eastern Daylight Time

Media Veterans to FCC: Lawsuits Bolster Claim that FOX & Murdochs Lack Character Required of Public Broadcast License Trustees

Raynor Ave.

Media veterans filed comments with the Federal Communications Commission (FCC), bringing the FCC’s attention to four shareholder derivative lawsuits accusing Fox Corporation's (FOX) Board of Directors of breaching its fiduciary duty. The lawsuits allege that Rupert Murdoch, Lachlan Murdoch, and various officers and directors were complicit in decisions to disseminate false news and operate Fox News outside the bounds of First Amendment protections; and as a result, the company failed to safeguard shareholders from various journalistic integrity issues. The Media and Democracy Project (MAD) filed a motion requesting the FCC to compel FOX to produce key nonpublic discovery from its various lawsuits to ensure full transparency and accountability for its actions. MAD’s motion seeks evidence from the Dominion and Smartmatic litigations, all documents reviewed in the four stockholder derivative lawsuits, and internal communications from FOX Corp-owned television station FOX 29 Philadelphia (WTXF). Duggan-Kristol Derivative Filing The comment submitted by former PBS President and FCC Commissioner Ervin S. Duggan and media veteran and former Weekly Standard Editor William Kristol advances as yet another damning argument in support of the Media and Democracy Project’s (MAD) Petition to Deny the broadcast license renewal application for FOX Corp-owned television station FOX 29 Philadelphia (WTXF). “The pension funds' lawsuits address FOX leadership's willingness knowingly to lie about important matters, and go to the heart of the issue before the FCC,” said William Kristol. “These lawsuits paint the story of a corporation led by the Murdochs that lacks the character expected of a broadcast licensee.” Delaware law allows the plaintiffs to review nonpublic corporate information known as Section 220 material in preparation for drafting a complaint. This nonpublic information goes to the core questions before the commission. One lawsuit details how FOX scrapped processes in place at the Board of Directors level to monitor journalistic integrity issues in 2019. Those policies were only reconsidered in mid-2021 after the Dominion (and pending Smartmatic) litigation was filed, according to the complaint filed by Tredje AP-Fonden and other plaintiffs. The same complaint also raises the issue of whether the Board’s lack of journalistic integrity policies was related in some way to Rupert and Lachlan Murdoch’s desire to stem viewer defection to preserve their influence in conservative politics, which the complaint argues they prioritized above broadcasting the truth. These lawsuits offer critical new evidence from Section 220 material and reflect that FOX shareholders are as troubled by the same core issues that should trouble the Commission. The Duggan-Kristol filing ends by saying the FCC “should not—cannot—don blinders as to the implications that the questions being weighed in [the Delaware Court of Chancery] must have on its judgment as to whether FOX and its Controllers can be trusted to operate broadcast stations in the public interest.” “These lawsuits show the parent corporation of the broadcast licensee showed poor judgment and questionable character in managing a business that—but for FCC licensure—is identical in core objectives and operation of its subsidiary broadcast station,” said Ervin S. Duggan. “We believe firmly that these nonpartisan lawsuits demonstrating bad judgment and suspect character should speak loudly to the Commission.” Two of the four lawsuits filed by pension funds representing workers in New York City, Oregon, Rhode Island, and the Swedish Government, cite MAD’s Petition to Deny as an outcome of the recklessness of the FOX Board’s inability to reign senior leadership in, allowing them to continue to promote lies about the 2020 election. From the Tredje AP-Fonden Complaint: Defendants’ breaches of fiduciary duty have not only resulted in massive economic and reputational damages to the Company and caused untold societal harm, but they also threaten to deny Fox’s ability to continue operating as a broadcast news media business, which is its core business. ( paragraph 308 ) From the New York City Complaint: The Murdochs’ decision to embrace Trump’s claims of a stolen election not only led to the $787.5 million settlement payment to Dominion, but also endangered Fox’s broadcast licenses. ( paragraph 211 ) A copy of the filing from Duggan and Kristol can be found here. Media and Democracy Project Motion for Documents While a great deal of discovery evidence has been produced in the various FOX litigations, this evidence is only available to the FCC and MAD in snippets. The public interest imperative of this proceeding requires a full review of all the evidence to ensure a complete and transparent evaluation of the renewal application and the Commission’s decision to designate a hearing. MAD’s motion seeks the FCC to require FOX to produce a range of nonpublic documents, emails, and testimony related to the following areas: All documents and deposition transcripts submitted or provided in connection with the Dominion and Smartmatic litigations. All documents submitted in the four Delaware Chancery stockholder derivative lawsuits in response to any party’s Delaware Section 220 demand for inspection of books and records. From January 2020 to the present, all documents and written communications between political advertisers, their representatives and advertising agencies concerning political advertising, lowest unit rate charges or requests to purchase advertising on station WTXF-TV. From January 2020 to the present, all written communications from any FOX, Fox Television Stations, LLC or WTXF-TV station employees indicating that the FCC’s electronic filing system was malfunctioning or that an attempt was made to upload WTXF-TV political files but was unsuccessful due to the FCC database not operating properly. A copy of the motion from MAD can be found here. The Media and Democracy Project: MAD is a non-partisan, all-volunteer, grassroots civic membership organization fighting for a more informative and pro-democracy media operating in the public interest. MAD aims to improve our national discourse so that American voters can engage in informed decision-making. As part of that goal, MAD has an interest in the responsibility of journalists and media to report fully, accurately, and fairly on the electoral process and the outcome of elections. Additional information is available at www.MediaAndDemocracyProject.org. Ervin S. Duggan is a veteran of the Lyndon Johnson White House, a former Commissioner of the Federal Communications Commission, and former President of PBS. William Kristol is a veteran political analyst and commentator. He served in senior positions in the Ronald Reagan administration and the George H.W. Bush White House. For two decades, he edited The Weekly Standard magazine, and is now editor at large of The Bulwark and a director of the educational and advocacy group, Defending Democracy Together. Contact Details Aaron Alberico +1 202-744-0786 aalberico@raynoravenue.com Company Website https://www.mediaanddemocracyproject.org/

October 10, 2023 09:10 AM Eastern Daylight Time

NHRA Los Angeles Announces 2023 Executive of the Year

IMA Financial

The National Human Resources Los Angeles Chapter ( NHRA-LA ) is pleased to announce Mamoon Syed, SVP and Chief People Officer at Children’s Hospital Los Angeles (CHLA) as its 2023 Executive of the Year. Syed was recognized during the NHRA-LA end-of-year awards gala for his visionary, people-first, and data-focused approach to human resources in the healthcare industry and its significant impact on CHLA employees and the children under their care. “Mamoon’s work is a wonderful example of how a strong HR function can be a catalyst for transformative change. His strategy unlocked the full potential of CHLA employees and fostered a culture where every employee's growth contributes to the powerful progress of the organization,” said NHRA-LA Co-President and Bolton Executive Vice President Andrew Agress. “His passion for people and commitment to CHLA is an inspiration to us all. Well-deserved and heartfelt congratulations.” Syed has been making a difference in healthcare human capital management for more than 20 years. He is a champion of the community and supports CHLA’s CHAMP Program for college students from underrepresented communities interested in healthcare careers as well as CHLA’s partnership with JVS SoCal which helps under-represented communities with career support. “I am humbled and honored to be recognized as this year’s NHRA Executive of the year,” said Syed. “It was undeniably a collective achievement and a testament to the collaborative spirit of Team CHLA. I am proud to accept the award on behalf of the remarkable professionals who work miracles daily, the dedicated HR team I am privileged to lead, and CHLA’s CEO and executive team who champion our workforce as passionately as I do.” Anjelica Garcia, Chief Human Resources Officer and SVP at Red Bull North America and Ann Jackson Chief People and Culture Officer at Oak View Group were also recognized in the culture and growth categories, respectively, during the NHRA-LA gala. About the NHRA Established in 1951, the NHRA focuses on advancing the development and leadership of human resource professionals. Through professional programs and services offered across the country, the organization strives to support human resource professionals throughout their career life cycle – from intern to executive – as Human Resources leads the way for change in today’s businesses. Contact Details Jessica Poulalier +1 720-989-3530 jessica@centerreachcommunication.com Company Website https://www.nhralosangeles.org/

October 09, 2023 09:00 AM Pacific Daylight Time

Minuteman Press Franchise Comes to Poundbury and Dorchester, Moves to Brand New Premises

Minuteman Press International Inc

Sprint Digital, Dorchester's leading small business printers, have successfully completed the transition into a Minuteman Press franchise. Owners David and Juanita Prince have relocated from their town centre premises, shared with the Dorchester Post Office, into their own stand alone premises in Poundbury at 13 & 14 Jubilee Court, Paceycombe Way. David Prince said, “With easy access and free parking, the offices just down from the Buttermarket are well placed for access for our clients. We will also continue to deliver to our existing business customers in Dorchester should they need to ensure a seamless transition for our clients.” Operating for over 50 years to serve local business communities, Minuteman Press International has almost 1000 independently owned and operated franchise locations worldwide. The transition from Sprint Digital to Minuteman Press will give small businesses in Dorchester, Poundbury and its surrounds more access to an extremely wide range of print solutions, from business cards and fliers to small signage, branded promotional items and much more. In response to the rebranding, David and Juanita stated, "The move to Minuteman Press will allow our print business to grow offering the businesses of Dorchester, Poundbury and its surrounds a quality affordable print solution. We are also inviting businesses to shop locally knowing that the product is as environmentally sourced as possible and supported by the expertise of world's leading print franchise.” Mark Jones, Regional VP of Minuteman Press International added, "We are excited to be working with David and Juanita, helping them to grow their franchise whilst supporting the local community with all their print requirements." As part of the conversion David Prince has reaffirmed that MMP Dorchester will take over Sprint Digital's sponsorship of the Dorchester Ladies football team into the 2023/24 season and they will continue to support the developers of Dorchesters Bike Park by providing a range of print solutions for their promotional needs. For more information on Minuteman Press in Dorchester and Poundbury, call 01305 264171 or visit their website: https://minuteman.com/uk/locations/england/dorchester/ Minuteman Press provides digital print, design, promotional products and services to businesses. Today they are much more than just print. They can provide anything you can put a name, image or logo on! Minuteman Press International was once again rated the #1 Printing & Marketing Services Franchise in the printing industry by Entrepreneur Magazine in 2023. This is the 32nd time overall and 20th straight year that they have achieved this stellar rating. Learn more about Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at http://minutemanpressfranchise.co.uk Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

October 05, 2023 09:38 AM Eastern Daylight Time

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Velocity Global Recognized as Leader in Everest Group’s Global EOR PEAK Matrix®

Velocity Global

Velocity Global, the world’s expert on work, announced today that it was named a Leader in Everest Group’s PEAK Matrix® Assessment 2023 for Employer of Record (EOR) Solutions. The report evaluated 20 EOR solution providers on their vision, capability, and market impact, taking into account hard metrics, client references as well as an ongoing analysis of the EOR market. “Velocity Global has been recognized as a Leader in Everest Group’s EOR Solutions PEAK Matrix® Assessment 2023 for the breadth and depth of its services that span across EOR, supplemental benefits and perks, and equity management along with local expertise across multiple geographies. Its focus on compliance and continuous investment in compliance, advanced analytics, technology sophistication, and improving the customer experience along with a strong product roadmap is well aligned with the market needs and expectations to position it well in the EOR market.” stated Priyanka Mitra, Vice President, Everest Group. Being a Leader in Everest Group’s PEAK Matrix for EOR Solutions, Velocity Global distinguishes itself by its extensive depth of offerings, investment in technology that has further advanced its capabilities, diverse portfolio of partnerships, and strong customer support. Specifically, the Everest Group report highlights several strengths contributing to Velocity Global’s positioning as a Leader, including: Breadth and depth of offerings. Velocity Global’s offerings span across EOR, supplemental benefits and perks, and equity management in over 185 countries. It supports clients of all sizes with global immigration, statutory benefits such as international pension, and health and wellness, and supports global equity awards issued as employee and non-employee grants/equity, including stock options and Restricted Stock Units (RSUs). Investment in technology. Velocity Global’s Global Work Platform™ allows clients to compliantly onboard, manage, and review payroll for employees through a single platform, augmenting its capabilities and market impact in the EOR market. Diverse partnerships and integrations. Customers can manage core HR functions through seamless bi-directional data synchronization with leading HRIS and ATS providers, including BambooHR, Oracle HCM, HiBob, Namely, Greenhouse, Lever, and Ashby providing them with a comprehensive end-to-end EOR self-serve solution that offers sourcing, faster hiring, and reliable talent management. Strong customer support. Clients referenced strong customer support, expertise in different regions, and sharp focus on compliance. “It is a testament to our continued innovation and customer-focus to be recognized as a Leader in our industry by Everest Group for the second year in a row,” said Frank Calderoni, CEO of Velocity Global. “For businesses of all sizes, international expansion and hiring is incredibly complex. As a strategic partner to our customers, we are marrying our in-depth expertise in compliance and local customs with constantly improving our technology platform so they can easily hire, manage, and retain the best talent anywhere in the world.” For more information on how Velocity Global makes opportunity borderless for people everywhere, visit www.velocityglobal.com. To learn more about what differentiates us as a leading EOR company, download the report here. About Velocity Global Velocity Global gives you the power to build your team everywhere—combining seamless technology and local expertise in 185+ countries. We make it simple to compliantly hire, pay, and manage talent anywhere. With Velocity Global, the world is yours. Contact Details Media Contact press@velocityglobal.com Company Website https://velocityglobal.com/

October 04, 2023 08:00 AM Mountain Daylight Time

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Ethical Web Data Collection Initiative Launches Certification Program

Ethical Web Data Collection Initiative

The Ethical Web Data Collection Initiative (EWDCI) is an industry-led consortium of web data collectors focused on strengthening public trust, promoting ethical guidelines, and helping businesses and their customers make informed data extraction choices. The association aims to raise the bar for ethics in the process widely known as “data scraping” with the goal of enhancing trust—a key component of a free, fair, and open Internet. This international, industry-led, and member-driven consortium is announcing an accreditation program developed to bring greater accountability and build consumer confidence in the data collection industry. Over the past several months, the EWDCI has collaborated on a set of core web scraping principles that revolve around legality, ethics, ecosystem engagement, and social responsibility, inviting everyone from across the globe to participate in the development of these principles. The EWDCI launched a public comment period to gather insights that zero in on the most important concerns of companies and individuals about how data is gathered and used. We are proud to announce the launch of the EWDCI accreditation program, wherein eligible companies can receive an EWDCI Certified designation. All companies that receive the EWDCI Certified designation are showing the world that they adhere to these agreed-upon principles and the highest degree of ethics when collecting public web data, while also further advancing the industry’s best practices and accountability. Starting today, companies may apply to become EWDCI Certified. We encourage companies who collect and manage web data to join the consortium—and, most importantly, join the conversation to further develop these principles. The inaugural group of web data aggregators that have earned EWDCI accreditation includes Coresignal, Oxylabs, ProxyEmpire, Rayobyte, Smartproxy, and Zyte. The EWDCI Certified designation isn’t so much the result of our work but rather the culmination of the first stage of a longer process. The web data collection industry is still young, but it’s growing very quickly. As more data-hungry AI tools fall into corporate and private hands, there is a limited opportunity to shape how data-collection practices are developed and perceived. This is why the EWDCI is dedicated to defining positive and beneficial uses of the important abilities and potential of data collection and aggregation at scale. The EWDCI is now focused on furthering the consortium’s mission and scope of practice through the acquisition of public commentary on various topics, which include: How scraped data can be used to ethically train large language models (LLMs) and generative AI models Government access to data and due process Balance between scrapers and target websites Privacy compliance when scraping personal data Preventing tactics that undermine consent and consumer choice Anti-stalkerware efforts “The EWDCI seal is a crucial stamp of approval, but it’s also a way to build industry-led influence with a clear goal of making the free and open Internet a better and safer place,” said Christian Dawson, Executive Director of the i2Coalition. Companies working with web data collection can earn the EWDCI Certified designation by contacting Hilary Osborne at hilary@i2coalition.com. About the Ethical Web Data Aggregation Integrity Initiative The Ethical Web Data Collection Initiative (EWDCI) seeks to foster cooperation in the web data collection and aggregation industry and leverage collective first-hand knowledge and insights to advocate for beneficial technical standards and business best practices regarding the extraction of web data. The EWDCI is dedicated to serving as the voice of the industry, collaboratively strengthening public trust in the practice of data scraping, promoting ethical guidelines, and helping businesses make informed data extraction choices. Learn more about the EWDCI: www.ethicalwebdata.com About i2Coalition The Internet Infrastructure Coalition (i2Coalition, i2C) is the leading voice for web hosting companies, data centers, domain registrars and registries, cloud infrastructure providers, managed services providers, and related tech. The i2C works with Internet infrastructure providers to advocate for sensible policies, design and reinforce best practices, help create industry standards, and build awareness of how the Internet works. The i2Coalition also spearheaded the creation of the VPN Trust Initiative to establish and promote best practices for that vital industry. Learn more about the i2Coalition: www.i2coalition.com Contact Details Aaron Alberico +1 202-744-0786 aalberico@raynoravenue.com Company Website https://ethicalwebdata.com/

October 04, 2023 09:30 AM Eastern Daylight Time

MBO Partners Announces Two Strategic Executive Appointments: Thomas Luttrell and John Marcantonio

MBO Partners

MBO Partners, a leader in the independent workforce industry, proudly announced today the addition of two executives to its leadership team: Thomas Luttrell as Chief Financial Officer and John Marcantonio as Chief Product and Engineering Officer. Their vast experiences and dynamic backgrounds bolster MBO’s mission to pioneer and lead the future of work through their innovative, dual-sided platform. As the Chief Product and Engineering Officer, John Marcantonio, will spearhead MBO's ambition of evolving into a product-first entity. With over 20 years of impressive technology leadership, software development, and team-building experience, John has consistently held pivotal roles at numerous Fortune 500 companies. His responsibilities have spanned from directing product and engineering teams to overseeing product marketing, design, PMO, data and analytics, and learning and development divisions. He most recently came from ADP. A double alumnus of New York University with Bachelor's and Master’s degrees in computer science, John also holds an MBA from the University of Notre Dame. Thomas Luttrell, stepping into his role as Chief Financial Officer, brings a wealth of financial expertise with almost 30 years in diverse financial roles. He's garnered experience from global Fortune 500 to mid-market companies. He has managed teams globally, with professional stints in Texas and Ireland. Before joining the MBO family, Thomas played a crucial role at Celink, a prominent figure in the mortgage servicing landscape, overseeing all financial functions and numerous corporate and operational roles. His vast experience includes nearly two decades at Dell Technologies, where he held numerous financial management positions and was instrumental in the company's pivotal private move from a publicly-traded to private company. Thomas is a graduate of Texas A&M and holds an MBA from the University of North Texas. He's also been a notable speaker at conferences across the US and Europe, enlightening attendees on various financial, economic, and capital market themes. Commenting on the new additions, Miles Everson, MBO's CEO, shared, "The integration of John and Thomas into our team signifies a monumental leap forward for MBO. Their combined prowess aligns seamlessly with our strategic vision. I am genuinely excited to watch them elevate our company to new horizons." As MBO Partners paves the way for innovation in the independent workforce sector, the induction of Marcantonio and Luttrell underscores its unwavering commitment to growth, excellence, and leadership. About MBO Partners® MBO Partners is a deep job platform that connects and enables independent professionals and microbusiness owners to do business safely and effectively with enterprise organizations. Its unmatched experience and industry leadership enable it to operate on the forefront of the independent economy and consistently advance the next way of working. For more information, visit mbopartners.com Contact Details Words For Hire Karen Swim, APR +1 586-461-2103 karen@wordsforhirellc.com MBO Partners McLean Robbins, Vice President, Marketing pr@mbopartners.com Company Website https://mbopartners.com

October 04, 2023 09:00 AM Eastern Daylight Time

Bidscale Becomes the First Software Adopter of the NCMA Contract Management Standard™

National Contract Management Association

Bidscale, a software solution for modernizing and accelerating government contracting, has become the first software company to adopt the National Contract Management Association’s (NCMA) Contract Management Standard™ (CMS). Bidscale's dedication to addressing the pressing needs of government contracting with digital solutions aligns with the profession's shift towards more efficient and transparent contract management practices, solidifying their position as a software leader. As the global language for contract management professionals, the NCMA CMS offers companies a cohesive and standardized framework. By seamlessly integrating the CMS into its core processes, including pre-award, award, and post-award, users can anticipate heightened operational efficiency and clarity. This strategic integration also reinforces Bidscale’s dedication to excellence in contract management practices. Tony Kwag, Chief Executive Officer of Bidscale, states, "We are proud to lead the way in modernizing government contracting with our adoption of the National Contract Management Association's CMS. This milestone reinforces Bidscale's commitment to revolutionizing contract management, aligning with industry trends towards greater efficiency and transparency. We can't wait to showcase this as GCMS 2023." Kraig Conrad, Chief Executive Officer of NCMA, commends Bidscale for their forward-thinking approach to the contract management profession, stating, "It's impressive to see Bidscale incorporating the Contract Management Standard™ (CMS) into their software. This proactive step demonstrates their commitment to setting global standards and their foresight in enhancing their services for professionals and organizations within the contract management field." The U.S. Office of Federal Procurement Policy (OFPP) has officially recognized the CMS as the foundation of a new contracting training system for all government agencies, effective February 1, 2023, ensuring that CMS adoption is in harmony with government practices. For more information about Bidscale and its commitment to contract management excellence, please visit https://www.bidscale.com/. For more information on NCMA's Common Language Adoption, please visit: www.ncmahq.org/adopters 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. Born out of an OT contract, Bidscale is a software-as-a-service platform that provides AI-powered contracting across the full federal contracting lifecycle, from requirements to award and beyond. Bidscale’s mission is to revolutionize how government and industry streamline decision-making and consolidate knowledge. Request a demo today at https://www.bidscale.com/demo. Contact Details National Contract Management Association Holly Dehesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

October 03, 2023 06:00 AM Eastern Daylight Time

Learning Technologies Group "much more comfortable about the second half"

Learning Technologies Group PLC

Learning Technologies Group PLC (AIM:LTG, OTC:LTTHF) chief executive Jonathan Satchell speaks to Thomas Warner from Proactive after the workplace talent development company released its interim results for the six months to 31 June 2023 Satchel provides an overview of the company's performance over the period as well as its future outlook. The firm reported £285 million in revenue for the first half, a 2.5% increase from the previous year. However, challenges arose from integrating their LEO business into the GP Strategies content business, which Satchell suggests may ultimately have cost an estimated $80 million of EBIT. Despite these challenges, Satchell expresses confidence in the company's resilience. He says the company's performance during the second half was always going to hinge on the GPLX turnaround, adding that August's figures show a strong recovery and he feels "much more comfortable about the second half." While facing softness in markets like China and Japan, the company remains optimistic about meeting analyst expectations for the full year. He also says that as they approach their 10th anniversary, the firm is being selective about acquisitions and has announced a voluntary debt repayment of $25 million. Satchell also highlighted their focus on integrating AI thoughtfully, ensuring they don't merely follow trends but leverage technology effectively. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

September 29, 2023 03:00 AM Eastern Daylight Time

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