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NAVEX Announces AI-Powered Compliance Assistant

NAVEX Global

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

May 30, 2023 08:30 AM Eastern Daylight Time

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Atrato Capital believes food price inflation "may well have peaked"

Supermarket Income REIT PLC

Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 26, 2023 07:30 AM Eastern Daylight Time

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Ballast Rock Group Announces Formation of Ballast Rock Capital, its SEC Registered Broker-Dealer

Ballast Rock

Ballast Rock Group, the diversified investment management firm, today announced the formation of Ballast Rock Capital (BRC), its broker-dealer. BRC is a member of the Financial Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC) and is registered with the Securities and Exchange Commission (SEC). BRC was approved by FINRA in April and began operations this month. The broker-dealer will initially handle transactions for Ballast Rock Asset Management. “The creation of our broker-dealer is yet another step in the growth and development of Ballast Rock”, said Thomas Carroll, Founder and Chief Executive Officer of Ballast Rock Group. “Our evolution compelled us to seek approval for our own broker-dealer to best support our clients.” Mr. Carroll, who held various leadership positions at Goldman Sachs and HSBC, will serve as CEO and Chief Compliance Officer of Ballast Rock Capital. Ballast Rock Group launched in 2018, with a focus on the workforce multifamily housing market throughout the Southeast, creating income-generating, tax-shielded, diversified real estate funds with a positive social impact. The company later expanded into direct investment in clean energy, as well as venture capital. Last year, Ballast Rock Group also launched Ballast Rock Private Wealth, an independent registered investment advisor with a focus on private-market investments. “We have seen tremendous interest and attention to private market opportunities, and our broker-dealer allows us to have more flexibility to present attractive opportunities to investors and financial advisors on behalf of their own clients.” added Dirk Hall, Chief Operating Officer for Ballast Rock Group. About Ballast Rock Group Ballast Rock Group is an integrated investment management company specializing in delivering risk-adjusted returns, accurate, and timely advice, high quality frequent reporting, and direct access to management. Ballast Rock Group operates Ballast Rock Asset Management, Ballast Rock Private Wealth, and Ballast Rock Capital. Ballast Rock Asset Management comprises Ballast Rock Real Estate, which includes the firm’s Sunbelt multifamily real estate funds, and Ballast Rock Ventures, comprising venture capital and private equity teams. Ballast Rock Private Wealth is a registered investment advisor, with a focus on alternative strategies. Ballast Rock Capital is awaiting approval to become a FINRA-registered broker-dealer. Ballast Rock is committed to being a driver of positive change. The diversity of our team members brings valuable new perspectives to our industry for the benefit of our stakeholders and the broader community. Investment Disclosure The information contained in this press release has been prepared by Ballast Rock Holdings LLC (“Ballast Rock”) without reference to any particular reader’s investment requirements or financial situation. Potential investors are encouraged to consult with professional tax, legal, and financial advisors before making any investment into a private offering of securities. An investment in private securities would be speculative and would involve a high degree of risk. Investors must be prepared to bear the economic risk of such an investment for an indefinite period of time and be able to withstand a total loss of their investment. Please consider carefully the investment objectives, risks, transaction costs, and other expenses related to an investment prior to deciding to invest. Ballast Rock Capital LLC (“BRC”), MEMBER: FINRA / SIPC. BRC’s registered head office is 460 King Street, Suite 200, Charleston, SC, 29403. Tel: 800-204-2513. To check background information about BRC and its representatives, visit FINRA’s BrokerCheck. Please see important disclosure information in our Form CRS. Contact Details For Ballast Rock press@ballastrock.com Company Website https://www.ballastrock.com/

May 25, 2023 01:00 PM Eastern Daylight Time

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Home "SMART" Home

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

May 25, 2023 06:00 AM Eastern Daylight Time

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National Association of REALTORS® Housing Market Update: Spring Homebuying Season Shows Steady Demand

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/ISQQ6BDbGW0 With the spring buying season in full swing, many Americans are contemplating whether it’s a good time to buy or sell a home. Higher mortgage rates and relentless competition for the few houses on the market are some of the many reasons sellers and buyers should work with an agent who is a REALTOR® to find the right home and negotiate the terms of sale. In fact, according to NAR: Overall, home sales are trying to recover, but they’re heavily influenced by interest rates. Existing-home sales will drop 9.3% this year compared to 2022 but will increase by 15.4% next year. The typical seller receives 3.1 offers on their home, and 33% of homes are selling above list price. NAR expects prices will stabilize, dropping 1.8% this year before improving 2.8% in 2024. Median existing-home prices will mostly stabilize – with the national median existing-home price decreasing by 1.8% in 2023, to around $380,000. Sales in the second half of the year should be notably better than the first half as job gains continue and more favorable mortgage rates are expected. Housing inventory is also expected to remain tight in 2023, with housing starts below historical averages. However, housing starts will increase by 6.9% in 2024. As the market continues to shift, it is important to consult an expert real estate agent who can provide essential guidance to help consumers navigate the homebuying and selling process. In fact, 91% of homebuyers say they would engage their agent again or recommend them to others. Agents who are REALTORS® not only help people achieve the dream of homeownership but also help them create long-term wealth and financial stability for their family. Over the past decade, the median-priced home in the U.S. gained nearly $200,000 in value, making the typical homeowner 40 times wealthier than if they had remained a renter. Additionally, homeowners who benefited from home price appreciation in the last decade saw their debt decrease by 21%. If you’re looking for a REALTOR ® in your area, visit REALTOR.com. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 24, 2023 02:00 PM Eastern Daylight Time

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Belvoir Group benefiting from rising home rental prices

Belvoir Group PLC

Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 24, 2023 05:49 AM Eastern Daylight Time

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Vertical IQ Acquires Localized Data Intelligence Experts Local Market Monitor

Vertical IQ

Industry Intelligence leader Vertical IQ has announced the acquisition of Local Market Monitor, which provides timely assessments and forecasts of more than 300 Metropolitan Statistical Areas (MSAs), 2,000 counties, and 20,000 ZIP codes across the U.S. The asset purchase will include Local Market Monitor’s current employees and customers. Local Market Monitor founder and president Ingo Winzer has won four Pulsenomics Crystal Ball Awards, which honors the most accurate and reliable forecasters for residential real estate prices. He is a recognized expert on real estate markets and economies, and his views are frequently cited in national publications such as Forbes, Fortune, Wall Street Journal, Think Realty, and Housing Wire. This strategic purchase will enable Vertical IQ to provide its Industry Intelligence customers with deeper, more granular data at the local level, explains Bobby Martin, CEO and cofounder of Vertical IQ. “Vertical IQ has long relied upon the exceptional local economic data provided by Local Market Monitor,” Martin notes. “This acquisition will allow us to better showcase the local economic conditions that drive success for a particular industry at the MSA and even the county level – key drivers such as wages, housing prices, construction, and employment.” The addition of Local Market Monitor to Vertical IQ’s portfolio also will add to the firm’s product offerings, notes Vertical IQ president David Buffaloe. “While Vertical IQ will continue to enhance our Industry Intelligence product using their outstanding data, Local Market Monitor will remain a standalone offering as well,” Buffaloe explains. “We are thrilled to be able to provide this new product that enables bankers and investors to better analyze real estate values using Local Market Monitor’s award-winning Equilibrium Home Prices.” Winzer also welcomes the advantages to the company’s existing clients that will come from the acquisition by Vertical IQ. “When I founded Local Market Monitor in 1990 as a quarterly publication, I never could have imagined the reach our data could achieve,” says Winzer. “Now, by joining forces with Vertical IQ, I’m thrilled that we will be able to extend our product offering to an even wider array of users and use our expertise to enhance their Industry Intelligence platform.” To learn more about Vertical IQ or to request a demo, visit www.verticaliq.com. For more information on Local Market Monitor, visit www.localmarketmonitor.com. ABOUT VERTICAL IQ Headquartered in Raleigh, N.C., Vertical IQ is a nationally recognized leader in Industry Intelligence. Whether they’re pitching a local brewery or a national biotech company, successful sales, marketing and customer success teams use Vertical IQ to better understand a prospect’s or client’s business challenges before, during and after meetings. Covering more than 97 percent of the economic revenue in the U.S. and Canada through more than 920 Industry Profiles and 3,400 local economic reports, Vertical IQ equips users with the confidence and credibility to make memorable first impressions and sustain enduring relationships. ABOUT LOCAL MARKET MONITOR Local Market Monitor provides award-winning national real estate economic analysis and forecasting tools, offering investors in homes and home mortgages the local market risk intelligence they need to make informed decisions. Using a proprietary formula called the Equilibrium Home Price, Local Market Monitor determines if markets are currently over- or under-valued, equipping users with a long-term risk and investment perspective. Local Market covers more than 300 local markets across the U.S. and offers real estate investors reporting tools such as Home Price Valuation, Mortgage Portfolio Valuation, Mortgage Portfolio Stress Test, Home Price and Rent Forecasts, Local Market Reviews and Business Growth Reports. ### Contact Details Kelsey Surmacz +1 919-787-4600 ksurmacz@verticaliq.com Company Website https://verticaliq.com/

May 16, 2023 08:30 AM Eastern Daylight Time

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Techspace Takes off-sites, on-site, with their Berlin Event Spaces

Techspace

Techspace, the office space provider for change-makers with tech at the heart of what they do, houses some of tomorrow’s household technology names. Most notably some of their member alumni include unicorns such as GoStudent, Trade Republic and Flink. As part of their latest move to cater to the new world of hybrid working, Techspace has begun looking at using its mix of spaces and amenities to cater to the ever-changing needs of its member base. As part of this, Techspace has adapted its offering to build packages for teams running company “off-sites", by bringing them “on-site”. By repurposing its event spaces at The Vault at Eiswerk and The Annex at Kreuzberg, Techspace is able to offer members and clients two stunning spaces that adapt to any and all types of team get-togethers. Whether you call them "All Hands", "Company updates" or "Team Days" the in-built flexibility that comes with Techspace’s hub buildings allows clients to leverage the amenities on-site and, in turn, build the right experience for their employees. Whether that’s arriving for coffee in the Members’ Café, creating break-out focus rooms by booking meeting rooms, or setting up audio-visual (A/V) to ensure hybrid events are inclusive when dialling in international colleagues, Techspace has the plug and play solution. As Phil Ellis, Marketing Director at Techspace, comments, “Over the last 18 months many companies have embraced hybrid working and, in turn, reduced the size of their HQ. The dispersed nature of hybrid means there’s a novelty in bringing the whole company together, and now more than ever, it makes sense for teams’ to book their off-site... on-site!” Techspace understands the workplace is fast becoming part of the experience economy, and sets its sights on designing ‘A la carte’ packages which are designed to make team’s next "All in Day" an experience they will remember. More information about Techspace’s Berlin event spaces can be found below. The Vault At 51-60 sq m, The Vault is a multi-use room that immediately makes an impact. WIth its flexible and adaptable design, The Vault is perfect for a wide range of event styles and formats, as clients can choose between theatre, conference, classroom and workshop style. Truly, The Vault is a dream space, perfect for team away days in a private setting. Generously equipped with state-of-the-art AV and 98 inch 4K TV, The Vault boasts a range of furniture options, making this multi-use room ideal for any gathering of ~15 to ~50 guests. Guests can also enjoy the EIS Cafe and member's lounge at Techspace Eiswerk, serving coffee, soft drinks and snacks, as well an outdoor area with picnic tables and ping pong. The Annex The Annex is a 150m² private venue based at the Techspace Kreuzberg location. The Annex is able to accommodate 50 seated and 100+ standing guests, and is provided complete with a kitchenette and presentation equipment, making the latest addition to Techspace’s Berlin offering ideal for All-in Days, workshops and networking, Everything you need to run a successful event is on hand. From audio equipment, to big screens and breakout spaces. Clients can also make the most of the terrace with 4 picnic tables, ping pong and a swing! Giving guests the opportunity for some outdoor downtime and vitamin D between event sessions. The Annex is ventilated, with a range of additional catering and staff services on offer by request. Techspace Kreuzberg is also blessed with superb connections via the U8 on U Moritzplatz. A short walk to the East brings you to some of the best bars and restaurants in the area, including one of our favourite bars, Café Luzia. Both locations offer high, lofty ceilings full of natural light, and are in stunning buildings picked as much for their characterful charm as their practical features. Berlin, a city with a long history of innovation and design, is a rapidly growing hub of Germany’s tech sector, making these two venues ideally located for your next company team day. Contact Details Techspace Phil Ellis phil@techspace.co

May 15, 2023 06:02 AM Eastern Daylight Time

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Harvest Thermal Wins 'People’s Choice Award' at NREL Industry Growth Forum

Harvest Thermal

Harvest Thermal Inc won the People’s Choice Award at the US DOE National Renewable Energy Lab’s Industry Growth Forum. It was the 5th major award for innovation in the past 7 months for the start-up manufacturer of ultra-low carbon home heating, cooling and hot water systems. “We’re enormously grateful that our thermal battery solution for home heating was awarded the People’s Choice prize by expert climate tech investors and fellow entrepreneurs”, said Dr. Jane Melia, CEO of Harvest Thermal. “It mirrors our customers' passion for our product that slashes their home's carbon footprint while delivering lower monthly heating bills and superior comfort.” Harvest Thermal Pod, an AI-driven, cloud-enabled controller limits the runtime of a single all-electric heat pump to midday when electricity is low-cost and clean. The thermal battery system stores hot water in a tank that distributes heat and hot water to the home whenever needed. The system consistently cuts carbon emissions by 90% compared to gas equipment, 50% lower than a two-heat pump solution, while lowering bills monthly electric bills by 1/3. Two weeks ago, Melia walked the Red Carpet at Fast Company’s Most Innovative Companies Festival and received her company’s award for Small Businesses. That same week, Harvest Thermal took a Silver at the Edison Awards for Sustainable Design in the Consumer Solutions category. In October, Melia was named 100 Women of Influence of 2022 by Entrepreneur Magazine and was awarded the top ClimateTech prize at VERGE22 Accelerate competition in addition to winning the Buildings category. ABOUT NREL INDUSTRY GROWTH FORUM The Department of Energy National Renewable Energy Lab’s Industry Growth Forum is the premier cleantech event that brings together entrepreneurs, investors, and industry experts to create powerful connections. The IGF builds on decades of technical expertise and market analysis accumulated at the National Renewable Energy Laboratory (NREL), the nation’s only federal lab dedicated to renewable energy and energy efficiency research. The event allows participants to forge new relationships, display cutting-edge technologies, and discover ways to bring cleantech to the market. Harvest Thermal Inc. is a developer and manufacturer of an AI-driven, thermal battery heating, cooling and hot water system for the residential market. Its award-winning, cloud-enabled Harvest Pod controller leverages the power of advanced analytics and machine learning to dramatically reduce carbon emissions, save on monthly heating bills and support a more resilient grid. Founded in 2019, Harvest Thermal has received support from the National Science Foundation, the California Energy Commission, Peninsula Clean Energy, and private investors. Contact Details David Tuft +1 202-494-0813 david@harvest-thermal.com Company Website https://www.harvest-thermal.com/

May 04, 2023 03:25 PM Eastern Daylight Time

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