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PCMA v. WEHBI AMICUS BRIEF ADVOCATES FOR STATE REGULATION OF PHARMACY BENEFIT MANAGER INDUSTRY

Alliance for Transparent & Affordable Prescriptions

The Alliance for Transparent and Affordable Prescriptions (ATAP), a coalition of physician and patient advocacy organizations dedicated to exposing the role the pharmacy benefit manager (PBM) industry has on rising prescription drug costs was joined by the Community Oncology Alliance (COA) and American Pharmacies in filing an amicus brief in PCMA v. Wehbi. The case, currently being argued in the 8 th Circuit, Court of Appeals is a challenge to a North Dakota law designed to regulate abusive practices by the PBM industry. The brief prepared by Daniel Geyser of Alexander Dubose & Jefferson LLP on behalf of ATAP, COA and American Pharmacies may be found here. Following a ruling by the United States Supreme Court in Rutledge v. Pharmaceutical Care Management Association ( where ATAP also filed an amicus brief ), many states have begun to explore regulating the PBM industry to lower costs and increase access to therapies. That case resulted in a unanimous 8-0 decision where the Justices agreed that states have the right to impose regulations on PBMs. Despite setbacks in legislatures and the courts, the PBM industry continues to raise challenges to state regulation of their practices and seeks to avoid accountability. ATAP has been an active advocate for patients in a variety of federal and state battles to amplify the voices of patients and physicians – especially as it relates to exposing PBM abuses and their impact on patients’ access to therapies (medications) needed in their treatment. Dr. Robert Levin, ATAP’s President stated, “We see first-hand how the PBM industry drives up costs and interferes with medical care. Doctors, patients, legislators and regulators are all saying, ‘enough is enough’ and fighting back. We appreciate the opportunity to argue on behalf of patients and defend our obligation to them as the Courts once again weigh in on regulating this rogue industry.” “Oncologists remain troubled by the negative impact PBMs have on patient care and role they play in driving up costs,” said Kashyap Patel, MD, president of COA and a practicing medical oncologist at Carolina Blood and Cancer Care Associates in Rock Hill, South Carolina “PBMs are directly responsible for the loss of patient access to affordable, potentially life-saving medications for cancer and other serious diseases. COA is proud to share our voice and support to effort in North Dakota and nationwide to stop PBM abuses.” “PBMs have used their outsized market power to raise community pharmacies costs of operation,” explained Miguel S. Rodriguez, General Counsel at American Pharmacies. “PBMs operate in secrecy and routinely fail to pass along any savings to patients. It is time to shine a light on and regulate this industry.” American Pharmacies is a nation-wide independent pharmacy cooperative that routinely advocates on behalf of independent pharmacies and the patients they serve. ATAP, COA, and American Pharmacies argue in the brief that: “…PBMs engage in harmful practices that impair optimal patient care, distort the free market, and impose serious costs on every major stakeholder in 5 the healthcare industry. States are ideally positioned to attack PBM misconduct; the regulation of healthcare is a traditional state function, and States routinely address market inefficiency and abuse, just as North Dakota did…” “We are optimistic that the Courts will see through the previously hidden profit motives of the PBM industry,” said Dr. Angus Worthing of the American College of Rheumatology, an ATAP member organization. “With each new state law combined with other actions at the federal level, patients, physicians, and policy makers now have the power to effect meaningful change.” “The Courts will surely see, like we all do, that patients are suffering under a system preventing them from obtaining medicine they need – at prices they can afford,” said Dr. Michael Schweitz of the Coalition of State Rheumatology Organizations, an ATAP member organization. “The PBM industry profits significantly off rebates and other schemes while interrupting the provider-patient relationship. It is time to do what is right and allow policymakers to stand up and do the right thing.” “The profit motivations from the PBM industry impact real people in dangerous ways,” Dr. Levin continued. “ATAP members are on the front lines of medical care. We see the struggles and confusion that patients are put through by this completely unnecessary middleman industry. They deserve better – they deserve the truth – not dangerous interference from policies motivated only by profit.” ATAP is working in many states to force the PBM industry to disclose rebate data and encourage transparency and reporting requirements for all entities involved in the prescription drug supply chain – PBMs, insurers, and manufacturers. ### For more information, or to schedule an interview with an ATAP spokesperson please contact Dan Rene at 202-329-8357. Please visit http://www.atapadvocates.com ATAP's mission is to address prescription drugs costs and patient access to affordable treatment by regulating PBM practices and reforming the drug industry through educational outreach and grassroots advocacy initiatives at both the state and federal level. Contact Details Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website http://www.atapadvocates.com

July 02, 2021 08:30 AM Eastern Daylight Time

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DoorDash and Albertsons Partner for On-Demand Delivery

YourUpdateTV

DoorDash, the nation’s leading last-mile logistics platform and Albertsons, one of the nation’s top grocers, announced a national partnership to offer on-demand grocery delivery across nearly 2,000 of their banner brand stores nationwide through DoorDash including Albertsons, Safeway, Vons, Jewel-Osco, Acme and more. Consumers can now order groceries and essentials on-demand for delivery within an hour through DoorDash's top-rated marketplace with no time slot, queues or minimum order size required. Albertsons will offer more than 40,000 grocery items from stores for delivery via DoorDash, including fresh and prepared food, core grocery, floral and convenience items at select stores. Whether shopping for a week's worth of groceries, including dairy, eggs, bread, local produce, fresh meat and seafood, or grabbing a few fresh ingredients for the perfect weeknight meal, consumers can shop right on the DoorDash app to fulfill all of their grocery needs conveniently, quickly and affordably. All Albertsons stores are also available on DashPass, DoorDash’s membership service that offers members unlimited $0 delivery fees and reduced service fees from thousands of restaurants, grocery, and convenience stores nationwide. DashPass members can enjoy these benefits on all eligible orders of $25 or more from Albertsons. Download the DoorDash app to your mobile device or visit DoorDash.com to get started. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 30, 2021 10:00 AM Eastern Daylight Time

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NCMA announces Online Proctoring for the CPCM™ Certification Exam

National Contract Management Association

The National Contract Management Association (NCMA), the leading resource for professionals in contract management and acquisition fields, is pleased to offer ANSI-approved online proctored exams for those pursuing their Certified Professional Contract Manager™ (CPCM™) certification. Using Kryterion’s secure online proctoring software, those who are pursuing the CPCM™ certification can do so anywhere there is a solid internet connection and uninterrupted space for the test taker. While taking the exams online has different check-in and monitoring procedures, the exam questions will be the same no matter where an individual chooses to take the exam. “The CPCM™ continues to be the standard for anyone working in contract management,” said Kraig Conrad, Chief Executive Officer. “Earning this pinnacle certification shows your peers and supervisors that you have mastered the knowledge and skills to be successful. And now we offer the convenience of taking the exam outside of a testing center. This is a major development, and it supports our inclusion efforts as it removes a barrier of access.” NCMA began investigating online proctoring when test center availability was impacted at the start of the worldwide COVID-19 pandemic. Based on its accreditation under the ANSI/ISO 17024 Standard, the American National Standards Institute (ANSI) awarded NCMA permission to move forward with the online proctored exam option in June 2021. Learn more about online proctoring at www.ncmahq.org/certification/certification-faqs. 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/

June 28, 2021 12:00 PM Eastern Daylight Time

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ROCKI and Black Dog Music Partners Announce Music NFT Partnership

Black Dog Venture Partners

ROCKI and Black Dog Music Partners have announced that they are teaming up to provide artists with more opportunities to monetize their music via blockchain and NFT technology. In addition, Black Dog CEO Scott Kelly has joined the advisory board of ROCKI. Scott Kelly, CEO of Black Dog Music Partners commented, “ ROCKI has built the leading platform for musicians and bands to take full advantage of blockchain and NFT technology to expand their fan base and make more money. Our access to independent artists and labels, fans, top brands and NFT investors will create a dynamic partnership. ” Bjorn Niclas, ROCKI’s Co-Founder & CEO said: “We’re extremely excited about this partnership with such an established and well-known partner in the music space. We look forward to working closely with Black Dog Music Partners and onboarding their talent roster to the ROCKI platform.” About ROCKI ROCKI is the next generation of music streaming services. Powered by the ROCKS token, it is the first platform that rewards both the artists for their streams and the listeners for listening. ROCKI is a music streaming service and music NFT platform (built on BSC) designed to solve some of the most fundamental problems of the music industry - creating new revenue streams for artists. ROCKI allows artists to earn the ROCKS cryptocurrency for their streams, coupled with the world’s first hybrid subscription model in both Fiat and Crypto using a User-Centric payment system that pays the majority of the subscription revenue from a listener directly to the artists they are streaming. More about ROCKI: Try ROCKI beta at https://rocki.app/ ROCKI Medium Blog https://medium.com/rockiapp ROCKI Twitter https://twitter.com/RockiApp ROCKI Telegram https://t.me/Rockiapp ROCKI Instagram https://www.instagram.com/rockiapp/ About Black Dog Music Partners Black Dog Music Partners provides independent musicians with the special resources they need (through their affiliate partnerships, credibility, and relationships) to help them succeed within the music industry. We also help artists generate revenue through royalty payments and licensing opportunities. Black Dog Music Partners is a portfolio company of Black Dog Venture Partners. Learn more at https://blackdogmusicpartners.com. About Black Dog Venture Partners Black Dog Venture Partners is a business accelerator that provides access to funding through our network of 13,000 investors, business development through our network of 40,000 business partners, sales/marketing and executive coaching services for disruptive companies. Learn more at https://www.blackdogventurepartners.com Contact Details Scott Kelly +1 480-206-3435 Scott@blackdogventurepartners.com Company Website https://www.blackdogventurepartners.com/

June 28, 2021 06:11 AM Pacific Daylight Time

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NAMEPA’s Maritime Sustainability Passport Awarded to Tidewater

North American Marine Environment Protection Association

Carleen Lyden Walker, Co-Founder and Executive Director of the North American Marine Environment Protection Association (NAMEPA) announced that NAMEPA will be awarding their new member, Tidewater (NYSE: TDW), the “Maritime Sustainability Passport” (MSP) Certificate and Seal. The MSP is awarded to companies, organizations and individuals who meet the requirements of the program which encompasses each of NAMEPA’s six Transparency Pillars in its Corporate Social Responsibility/Environmental, Social and Governance (CSR/ESG) metrics. Tidewater is dedicated to meeting their ESG goals not only to satisfy their shareholders but all stakeholders, clearly demonstrated through successfully passing the MSP evaluation. Jason Stanley, Tidewater’s Vice President of ESG said, “As a company with a long history of operating responsibly and sustainably, we have been pleased to take the opportunity to improve our transparency by sharing what we have been doing to protect the environment and positively impact the communities in which we work around the world. We are proud to have received this important recognition of our commitment to sustainability from the team at NAMEPA.” Tidewater, the company with one of the largest offshore support vessel fleets globally, is the fourth company and first offshore service vessel company to be awarded the Maritime Sustainability Passport Certificate and Seal. Tidewater has demonstrated strong progress in developing programs and policies to support their ESG efforts and were awarded the MSP by completing all phases of the program, including supplying supporting documentation for its claims. A team of assessors evaluated their submission to determine whether they meet the CSR/ESG program’s criteria, which, upon approval, made them eligible to receive the MSP Certificate and Seal. Dedicated to protecting the safety of its employees, building strong community relationships and maintaining awareness of potential environmental impact all while promoting strong business ethics, Tidewater is a positive influence in the Maritime Industry. Tidewater has an exemplary reputation for providing their customers with exceptional service while maintaining safe and environmentally responsible operations, clearly aligning with NAMEPA’s mission to promote industry best practices and to Save Our Seas. NAMEPA congratulates their member on successfully fulfilling the requirements for their CSR/ESG Program and looks forward to continuing to work together to Save Our Seas. The MSP Seal is used to signify the participant met or exceeded the program’s benchmarks, which offer basic guidelines for the maritime industry along with a Tool Kit to help achieve them and develop best practices using CSR/ESG principles. Some of the program’s benefits include increased efficiency, stakeholder visibility and positive global impact and social license. “The maritime industry is rapidly recognizing the importance of demonstrating its commitment to sustainability” stated NAMEPA Chairman Joe Hughes, CEO and President of the Shipowners Claims Bureau. “NAMEPA identified the need to provide the industry with a standard guideline of expectations relating to a company’s efforts in CSR/ESG. We are pleased to provide this tool for the industry to support its efforts towards sustainability.” NAMEPA is extremely proud of its contribution to the maritime industry, as its CSR/ESG program is the first known standards program developed specifically for the maritime industry, winning the 2021 Green4Sea Initiative Award for its significant contribution towards greener shipping. Tidewater owns and operates one of the largest fleets of Offshore Support Vessels in the industry, with over 65 years of experience supporting offshore energy exploration and production activities worldwide. To learn more, visit www.tdw.com. The North American Marine Environment Protection Association (NAMEPA) is a marine industry-led organization of environmental stewards preserving the marine environment by promoting sustainable marine industry best practices and educating seafarers, students and the public about the need and strategies for protecting global ocean, lake and river resources. Visit us at: www.namepa.net Contact Details Morgan Marketing & Communications Carleen Lyden Walker +1 203-260-0480 c.walker@morganmarketcomm.com Company Website https://namepa.net/

June 27, 2021 05:48 PM Eastern Daylight Time

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Akeneo Named an Overall Leader in Ventana Research’s Product Information Management Value Index

Akeneo

Akeneo, the global leader in product experience management (PXM), today announced that it has been honored as an Overall Value Index Leader in Ventana Research’s 2021 Value Index on Product Information Management (PIM). Akeneo was further classified as Exemplary, the highest possible rating, based on Ventana Research’s thorough analysis of product and customer experience criteria. The PIM Value Index distils over a year of market and product research to evaluate 16 PIM software solutions in seven key categories weighted to reflect buyers’ needs. The index is structured to replicate the procurement process, and incorporates all the criteria needed to evaluate, select, utilize, and maintain PIM solutions and establish relationships with vendors. Akeneo earned a top-three ranking in six out of seven categories — more than any other company surveyed — and was ranked first in three categories, earning the title of Overall Value Index Leader in each category. Among the categories where Akeneo exceled: Customer Experience, where Akeneo PIM was ranked 1st for providing an impressive level of information to communicate their commitment and dedication to customer needs for PIM technology. TCO/ROI, where Akeneo PIM was ranked 1st for effectively demonstrating the PIM business case, including the product’s strategic value, total cost of ownership and total benefit of ownership. Usability, where Akeneo PIM was ranked 1st for meeting the varying business needs of executives, management, workers, analysts, along with IT, and others involved in the PIM processes. Capability, where Akeneo PIM was honored for providing the broader and deeper range of PIM capabilities that support enterprise, commerce, supplier, consumer, and business-to-business requirements. Manageability, where Akeneo PIM was recognized for providing easy, secure, and flexible technology administration by business users as part of new enterprise tech requirements in an organization. Reliability, where Akeneo PIM was celebrated for providing high performance and scalability of the PIM system that supports the continuous processing required for business continuity and operational resilience. Akeneo received an Exemplary Leader rating overall — the highest ranking possible — and won special praise for its TCO/ROI-related support, an area in which most surveyed companies struggled to deliver the support that customers need to make informed decisions. “Akeneo PIM provides a set of flexible enrichment capabilities, powerful automation, and actionable insights for building and enriching contextualized product catalogs. You and your team can be productive, collaborate without friction, and deliver those great product experiences regardless of channel,” said Mark Smith, Chief Research Officer at Ventana Research. “Our assessment finds Akeneo finished as a Value Index Leader in the highest number of evaluation categories, demonstrating its leadership and investment to PIM.” About Akeneo Akeneo is a global leader in Product Experience Management (PXM) helping businesses with products to sell 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 Staples Canada, Fossil, Air Liquide and Myer 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. Contact Details David Wamsley +1 415-259-9104 dave@rosebudrp.io

June 24, 2021 06:00 AM Eastern Daylight Time

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Paralyzed Veterans of America works to end handicapped parking abuse, marks 75th year advocating for accessibility

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/ulJa59_iS_w Accessible parking spaces designed specifically for people with disabilities are often misused, causing added difficulties for paralyzed veterans and others with disabilities. A survey found that 85% of Americans with disabilities struggled to find accessible parking in their communities, and over 50% turned back when they couldn’t find accessible parking. What can be done to combat this problem? Paralyzed Veterans of America (PVA) has launched the Honor the Spot campaign to encourage all Americans to do their part to keep handicapped parking spaces open for people who need them to be independent. The campaign reminds people that accessible spots are a civil right, and taking them means people with disabilities may not get to appointments and errands. The call to Honor the Spot comes as public spaces open up to larger capacities as pandemic restrictions ease, and as PVA marks its 75 th year as a voice for veterans with spinal cord conditions, and all people with disabilities. PVA is asking people to pledge to be part of the solution at pva.org/HonortheSpot, not to make excuses for taking accessible spots, and not to share handicapped placards for any reason. About Paralyzed Veterans of America: For 75 years, Paralyzed Veterans of America has been the only Veterans service organization dedicated solely to helping Veterans with spinal cord injuries and disorders (SCI/D), and diseases like MS and ALS. Our team of legislative advocates, architects, medical professionals, lawyers, and other highly trained professionals strives to ensure that every Veteran regains the freedom, independence, and quality of life they fought for. PVA is a major support system for our nation’s paralyzed heroes, their families, and caregivers, through ensuring quality health care; securing earned benefits; fighting for disability civil rights; making America more accessible; helping Veterans find meaningful careers; empowering them through sports, recreation, and wellness programs; and funding both research and education in search for a cure and improved care and autonomy for individuals with paralysis. Operating more than 70 offices in all 50 states, the District of Columbia and Puerto Rico, PVA helps paralyzed Veterans and all people with disabilities live fuller, more productive lives. Learn more at pva.org. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 23, 2021 03:00 PM Eastern Daylight Time

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NCMA Announces New Chair and Vice-Chair of the Standards Consensus Body

National Contract Management Association

Charlie Williams and Penny White have been selected to serve as Chair and Vice-Chair of NCMA’s Standards Consensus Body (SCB). The SCB leads NCMA standards-setting activities and oversees the Contract Management Standard (CMS)™, an ANSI-approved standard that has been adopted by industry and agencies, including the US Department of Defense as the basis for their contract management competency framework. In 2018 NCMA was designated as an Accredited Standards Developer by the American National Standards Institute (ANSI), an internationally recognized third party entity, solidifying NCMA as the foremost standards development organization for the contract management profession. Shortly thereafter, NCMA created the SCB to serve as the heart of its standards program, providing expertise to maintain ANSI accreditation. “This is a tremendous opportunity to advance the adoption of the CMS™ for more user categories,” said Kraig Conrad, NCMA Chief Executive Officer. “Charlie will carry us forward to the next level with his powerful history in defense acquisitions, and Penny brings in-depth industry experience which is critical to aligning certification standards across all categories of users of the CMS™.” Williams and White are joined by subject matter experts representing the wide range of CMS™ adopters, including federal, state, local, industry, and commercial contract management and acquisition-related functions. 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/

June 23, 2021 07:00 AM Eastern Daylight Time

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Khosla Leads $11M Round in Lexion, a Fast Growing AI-Powered Contract Management System

Lexion

Lexion, an AI-powered contract management system, announced an oversubscribed $11 million Series A round led by Khosla Ventures, with participation from existing investors Madrona Venture Group and Wilson Sonsini, bringing the total invested to $15.2 million. Kanu Gulati from Khosla Ventures will join Lexion's board. The Seattle based company plans to use these funds to scale go-to-market functions, drive further AI and product innovation, and grow the team, with a mission to offer a simple contract lifecycle management system (CLMs) that just works. Many CLMs on the market are complex, require an extensive amount of time and resources to implement, and a significant amount of change management to derive meaningful value. Lexion offers the opposite by delivering an intuitive system supported by a cutting-edge, AI-powered backend, that is simple enough for entire organizations to adopt, and takes just days to implement. “In-house lawyers spend far too much time on mundane tasks like checking if an active NDA exists, or manually filling out spreadsheets to track key dates and non-standard terms in their contracts,” said Gaurav Oberoi, co-founder and CEO of Lexion. “What makes Lexion special, in this rapidly growing industry, is that it’s a sophisticated AI product that’s incredibly easy to use, accurate, and fast, and eliminates rote work by automatically pulling these key data points from contracts. The result is that legal teams spend a fraction of the time on administrative tasks, and more time helping their teammates in sales, finance, and procurement win deals and grow the business.” According to Gartner, legal departments will increase their technology spend 300% by 2025, and yet only realize 30% of the potential benefit of their CLM investments because of the complexities of requirements gathering, change management, and user adoption. Oberoi believes that Lexion is perfectly poised to capture this demand by offering a pragmatic platform that solves immediate business needs through automation, and without unneeded complex features that go unused. “We invested in Lexion because their team has the rare combination of deep technical expertise in building sophisticated AI systems, and a proven track record in delivering SaaS applications that solve real problems,” said Vinod Khosla, founder of Khosla Ventures. “This combination of cutting-edge technology, with simple and practical application, is exactly how the value of AI will get realized in corporations, and is why we think Lexion has a winning advantage in this space.” For two years in a row, Lexion was the only CLM recognized in CB Insights list of the 100 most innovative AI startups. Incubated at the Allen Institute for AI (AI2) in 2019, Lexion built a state-of-the-art NLP system that turns any contract text into structured data and delivers it in an intuitive repository with instant search, reporting, alerts, permissions, and integrations. In the last 6 months, Lexion has seen rapid growth, increasing revenues 400% and bringing on major brands like OfferUp, Blue Nile, and Outreach. “Lexion is an incredible addition to our toolkit, saving my team hours in filing, finding, and reporting on contracts”, said Nathan Garnett, General Counsel at OfferUp. “Not only was it quick to get up and running with all of our legacy agreements, but it’s also easy enough to use that we didn’t have to spend time on user training and rollout. Their integration with e-signature means all contracts are automatically filed away, and my team can focus on helping drive business results, instead of on administrative tasks.” Next, the company is expanding its offering to help legal teams manage the entire contracting process. Lexion is rolling out a new workflow module that allows customers to create customized intake forms, track the status of projects, manage drafts, secure approvals, and report on KPIs. Scheduled for full general availability in Q3 2021, Lexion’s end-to-end solution will serve as the hub for data driven legal teams to manage contracts from start to finish, with their signature focus on simplicity and easy adoption. About Lexion Lexion is an AI-powered contract lifecycle management system that just works. We’re on a mission to make the lives of legal teams easier so they can focus on more strategic work. We use best in class natural language processing technologies to make it 100x easier for lawyers and other corporate leaders to find the information they need in their contracts fast. Our solution is also incredibly intuitive and simple to implement. We are a spinout of Microsoft co-founder Paul Allen’s artificial intelligence research institute (AI2) and we’re backed by the same investors that funded OpenAI (Khosla Ventures), helped launch Amazon (Madrona Venture Group), and have advisedGoogle (Wilson Sonsini). With a top notch and experienced team from Microsoft, Facebook, Google, AI2, and Amazon, we built a company that CB Insights ranked the #1 most promising AI legal tech startup in the world two years in a row (2020, 2021). Most importantly, fantastic brands trust Lexion to manage their contracts: Outreach, OfferUp, Blue Nile, and many more. Visit https://lexion.ai for more. About the Allen Institute for AI (AI2) AI2 was founded in 2014 with the singular focus of conducting high-impact research and engineering in the field of artificial intelligence, all for the common good. AI2 is the creation of Paul Allen, Microsoft co-founder, and is led by Dr. Oren Etzioni, a leading researcher in the field of AI. AI2 employs more than 100 top-notch researchers and engineers from across the globe. AI2 prides itself on the diversity and collaboration of our team and takes a results-oriented approach to complex challenges in AI. Learn more at allenai.org. About Khosla Ventures Khosla Ventures makes early-stage venture capital investments and provides strategic advice to entrepreneurs building companies with lasting significance. The firm was founded in 2004 by Vinod Khosla, co-founder of Sun Microsystems. Khosla Ventures focuses on a broad range of sectors including artificial intelligence, agriculture/food, consumer, enterprise, financial services, health, space, sustainable energy, robotics, VR/AR and 3D printing. About Madrona Madrona ( www.madrona.com ) is a venture capital firm based in Seattle, WA. With more than 25 years of investing in early-stage technology companies, the firm has worked with founders from Day One to help build their company for the long run. Madrona invests predominantly in seed and Series A rounds across the information technology spectrum, and in 2018 raised the first fund dedicated to initial investments in acceleration stage (Series B and C stages) companies. Madrona manages over $2 billion and was an early investor in companies such as Amazon, Smartsheet, Isilon, Redfin, and Snowflake. About Wilson Sonsini For more than 60 years, Wilson Sonsini has offered a broad range of legal services focused on solving the challenges faced by the management and boards of directors of business enterprises. The firm is nationally recognized as a leader in the fields of corporate governance and finance, mergers and acquisitions, private equity, securities litigation, employment law, intellectual property, and antitrust, among many other areas of law. With deep roots in Silicon Valley, Wilson Sonsini has offices in Austin; Beijing; Boston; Brussels; Hong Kong; London; Los Angeles; New York; Palo Alto; San Diego; San Francisco; Seattle; Shanghai; Washington, D.C.; and Wilmington, DE. For more information, please visit www.wsgr.com. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://lexion.ai/

June 17, 2021 08:04 AM Pacific Daylight Time

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