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Trusaic Announces New Software Product Designed to Simplify ACA Compliance and Reduce Risk of IRS Penalties for Large Corporations

Trusaic

Trusaic, a leading innovator in data solutions for regulatory compliance, today announced the launch of its new Free ACA E-File product with Penalty Risk Assessment. This new software solution is the only free product on the market that identifies penalty risk before the filing is transmitted to the IRS for approval. Most Human Resources professionals tasked with managing Affordable Care Act (ACA) compliance face a complex process in identifying employees who should receive health coverage under the ACA, and accurately tracking the corresponding coverage offers. Notably, companies with a large number of hourly employees or a high rate of workforce turnover, the process is difficult to manage and is often fraught with potential for error. Trusaic’s revolutionary Free ACA E-File solution with Penalty Risk Assessment identifies errors by replicating the checks run by the IRS to detect out-of-compliance organizations; this enables HR professionals to correct any issues and submit their organization’s 1094-C/1095-C filings for ACA reporting more quickly and with a higher level of accuracy. “With the pandemic and the global recession, we realized we had a big opportunity,” explains Robert Sheen, CEO and founder of Trusaic. “We decided we could leverage our technology prowess and our unmatched expertise in data, analytics, and regulatory compliance to offer a free service to businesses looking to save money and feel confident about what they sent to the IRS, giving them peace of mind in a time when it’s really needed.” Small mistakes in ACA filing can result in costly penalties approaching millions of dollars for the reporting organization, and most self-completion ACA software solutions do not offer the capability to identify or prevent IRS penalty risk. Trusaic’s Free ACA E-File product dramatically reduces the margin for error with the only built-in penalty risk analysis feature on the market. In order to ensure full compliance under the law, HR professionals must first organize and clean large amounts of data from disparate data sources, and then use that clean data to make calculations — all while applying the ACA law correctly. Issues with data entry, overwriting errors, inaccurate control group analysis, and missing values can result in inaccurate or incomplete data which is virtually undetectable by employees. Ultimately, such errors lead to out-of-compliance filings and inaccurate reporting to the IRS. “I’ve found Trusaic’s free Penalty Risk Assessment to be very helpful to the clients I serve, and I recommend it highly,” states Debra DeSpain, Assistant Vice President of Employee Benefits at Keenan and Associates. “When it comes to the risk my clients face, Employer Shared Responsibility Penalties (ESRP) are becoming more concerning as the amounts assessed and collected continue to grow each year. For many of my large, hourly-wage, high-turnover clients, this requires they outsource their ACA compliance, but for my simpler large clients with mostly salaried staff and low turnover, they can use Trusaic’s Free ACA E-File product with Penalty Risk Assessment to feel confident that what they are transmitting to the IRS is accurate – at no cost, which is extremely helpful during difficult budgeting times.” Trusaic boosts confidence for HR professionals by insulating the entire company from substantial fines that can result from human error and process failures. The free filing feature embedded into Trusaic’s Free ACA E-File product can further reduce costs, especially critical for organizations facing financial hardship during the economic turbulence of the global pandemic. Many organizations lack the capability to reconcile inconsistencies between data silos. Trusaic’s Free ACA E-File product provides a single source of truth to circumvent these issues and prevent incorrect filings before final submission to the IRS. “I really like the Free ACA E-File product from Trusaic,” says Derek Moore Senior Vice President with Venbrook Insurance Services. “They did such a great job making it super simple, and the fact that it identifies coding, compliance, and other errors is a real game changer.” Organizations can access Trusaic’s Free ACA E-File solution here. About Trusaic Trusaic is a software and services company that simplifies complex data and complicated regulations to give employers the information and confidence they need to take their businesses to the next level. We provide regulatory compliance, data quality management, and business intelligence, Done and Done Right. Visit trusaic.com to learn more. Contact Details April White +1 347-870-9402 trusaic@trustrelations.agency Company Website https://trusaic.com/

November 12, 2020 08:06 AM Eastern Standard Time

TeamSnap Appoints New Head of Engineering

TeamSnap

TeamSnap, the industry-leading sport management platform, announced today that Seth Sakamoto has joined its leadership team as the company’s new Vice President of Engineering. Sakamoto will lead TeamSnap’s expanded engineering and software development team to help manage a growing demand from sports and recreational clubs, teams and leagues. TeamSnap’s industry-leading platform serves more than 24 million users and 3 million sports teams worldwide. Most recently, TeamSnap released Health Check, a COVID-19 screening feature that has seen over 6 Million completed screenings since launch in August “Now more than ever, sport organizations are looking to TeamSnap’s technology to help them return to play safely,” said Woody Hartman, President of TeamSnap. “Seth’s track record of engineering leadership and passion for TeamSnap products will drive the next generation of TeamSnap solutions.” An accomplished computer engineer and technology executive, Sakamoto joins TeamSnap after a 20+ year career working as an executive in a range of startups and innovative organizations. He has led engineering for companies such as Intuit, TuneIn, Hipmunk, Mixmax, Constant Contact, and Envoy. Sakamoto has been a thought leader in the technical community and most recently has invested his time in the mentoring network Plato. Sakamoto holds a Bachelor of Science degree in Electrical Engineering from University of Hawaii. Since our formation in 2009, TeamSnap has been single-mindedly focused on taking the work out of play. Over 24 million coaches, administrators, players and parents rely on TeamSnap’s powerful and easy-to-use tools for communication, scheduling, payment collection and registration, organizing every sport and group activity in the world. For more information, visit www.TeamSnap.com. Contact Details Greg McIsaac +1 416-458-3591 greg.mcisaac@teamsnap.com Company Website https://www.teamsnap.com/

November 11, 2020 09:00 AM Eastern Standard Time

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CMMC Center of Excellence Announces Memorandum of Understanding with CREST International

Interoperability Clearinghouse

The Cybersecurity Maturity Model Certification Center of Excellence ( CMMC COE ), hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public-private partnership serving the public and private sectors for more than 15 years, is proud to announce a Memorandum of Understanding with CREST International, an international not-for-profit certification and accreditation body that supports the global technical information security market and is headquartered in the UK. This unique partnership will extend efforts to advance the goals and objectives for improving the cyber and supply chain security and resilience of the US Department of Defense (DoD) global Defense Industrial Base (DIB) network of contractors, suppliers, and vendors through an evaluation process intended to validate the capabilities, experience, and integrity of CMMC COE provider partners. The executed MOU establishes a cooperative agreement between CREST International and the CMMC COE, in coordination with the CMMC COE EU ( http://cmmc-eu.com ), to partner in the furthering of their respective and complementary missions and objectives regarding the adoption, use, and expansion of CMMC based cybersecurity practices for the DIB contractor community and the information and communications technology community creating a broader CMMC ecosystem to improve security and resilience across the global defense industrial base. CREST ( www.crest-approved.org ) provides internationally recognized accreditations for organizations providing technical security services and also includes professional level certifications for individuals providing vulnerability assessment; penetration testing, cyber incident response; threat intelligence; and security operations center ( SOC ) services. “This is a momentous occasion for us”, said Mr. John Weiler, Chairman of the Board at CMMC Center of Excellence, “Our global expansion will further help advance the goals and objectives for improving the supply chain security and resilience of the US Department of Defense (DoD) beyond North America”. “This new partnership between CREST and CMMC COE will play an important role in strengthening the resilience and protection of vital critical national infrastructure through structured testing to validate security defenses and controls, carried out by highly-qualified and certified professionals,” said Tom Brennan, Chairman of CREST USA. “It is vital that the buying communities in both the public and private sectors have the confidence and trust that their employees, contractors or suppliers have the highest levels of knowledge, skill and competence.” With locations in Europe, Asia, Australia, and the United States, the partnership reinforces a foundation of global capability for the validation of CMMC providers in 1) training & education; 2) readiness assessment 3) development and implementation of a tailored plan of action & milestones to advance preparedness, and 4) continuous monitoring to ensure maintenance of certification compliance. The CMMC-COE ( www.cmmc-coe.org ) and the CMMC COE EU ( https://cmmc-eu.com/ ) will continue to focus on bringing together the many disparate cyber and national security communities of interest to reduce complexity, improve awareness, and accelerate industry effort to become more cyber resilient against the growing threats from nation states and criminal enterprises. The CMMC-COE partner network will be sharing a wide range of capabilities from member organizations, including; cyber standards frameworks, education, solution architectures, cyber mentoring, workforce, and other elements needed to scale to the demands of the entire DIB market place in the US and abroad (400,000 contractors). For more information on the CMMC COE, please visit http://cmmc-coe.org email info@cmmc-coe.org or call 703-863-3766 For more information on the CMMC COE EU, please visit https://cmmc-eu.com/ For more information on CREST, please visit www.crest-approved.org About Us ---------- CMMC-COE.ORG is a unique non-profit public-private partnership, with a vision to accelerate Cybersecurity Maturity Model (CMM) adoption, and reduce time & cost for security compliance for our partners by leveraging commercial best practices, CMMC standards, and innovative solutions for a measurable success. Our mission, focused on DOD mission objectives, cost containment and expeditious CMMC compliance, is to help the DIB improve cyber posture and resilience, and simplify its acquisition. The CMMC-COE is hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public/private partnership (P3) chartered in 2007 as an honest broker to reach outside the confines of the Federal IT advisories that lack dynamic reach into the Global IT Market, and dedicated to the adoption of commercial IT management standards of practice and innovations emanating from the Global IT market. Team IT-AAC has already demonstrated the value of its decade long investment, and provides a unique value to agencies seeking to achieve accelerate the transformation of legacy processes and systems. Our Just-in-Time SMEs apply an innovative suite of Technology Business Management and Agile Acquisition Processes needed to assure the business value of commercial IT. The Interoperability Clearinghouse (ICH), is the managing partner that make up the 24 NGO/SDO organizations that make up the IT-AAC. ICH provides the contract vehicles, clearances, and critical resources proven to guide sustainable, measurable and repeatable processes needed to drive better investment decisions as the speed of mission need, while aligning existing processes, methods and workforce with IT reform mandates contained in Clinger Cohen Act, FITARA, IT MGT Act, EO13838. Contact Details Bob Dix +1 703-975-6633 bob.dix@it-aac.org Company Website https://cmmc-coe.org

November 10, 2020 05:00 AM Eastern Standard Time

VTS Recognized by Crain’s with Best Places to Work in New York City Award

VTS

VTS —the commercial real estate industry’s leading leasing, marketing, and asset management company—today announced that it has been named one of Crain’s New York Business’ 2020 Best Places to Work in New York City for the second time. Compiled from a combination of employee survey responses, along with a separate employer survey, all the companies on the list share a strong commitment to creating a supportive, collegial, and empowering workplace. “We are incredibly honored to have been recognized as one of the best places to work in New York City, which is our hometown and where we started VTS,” said Nick Romito, CEO and Co-Founder of VTS. “VTS is a company filled with talented, hard-working, innovative, and passionate individuals, who collectively have made VTS the workplace it is today. There is no greater testament to that than the way that the team has worked together to navigate the uncertainty of this year. Everyone has gone above and beyond their roles to overcome the effects of the pandemic by pitching in, showing empathy for each other, and making sure that despite the chaos, our customers are always heard. Our team truly embraces and lives our values. I’m particularly proud of how our team embodies our ‘Appreciate the Difference’ value, and honors diversity and inclusion in all we do. Bringing our vision to life wouldn't be possible without each employee, and we’re continually investing to ensure we’re always providing them with the best environment—even virtually—and a culture they love being a part of in order to bring their best self to the workplace.” VTS was selected in part due to the company’s commitment to building a work environment that fosters creativity and productivity, all while keeping its employees’ happiness and well-being a top priority in a time where organizations are forced to reimagine what the workplace looks like. The company has committed to a number of employee-wellness initiatives, including: VTS Gives Back, which gives employees a chance to improve the local community. The Diversity & Inclusion Working Group, an employee-led group that meets on a monthly basis to discuss issues surrounding diversity and inclusion that management can take action on in the office. And, the Strategic Diversity and Inclusion Plan (SDIP), a yearly plan keeping VTS focused and honest as it looks to raise the bar on diversity and inclusion within the workplace. This includes tactics such as sponsoring a quarterly speaker series. Competitive benefits, including a generous paid parental leave policy & thoughtful return to work policy for caregivers. A coach focusing on aiding employees through challenges related to their career, COVID, relationships, and overall well-being. Employees can utilize funds from their education budgets towards online health and wellness apps and other physical wellness equipment to be used at home. VTS hosts group wellness, meditation, and workout sessions every week via Zoom conducted by qualified instructors. A budget for setting up a work from home space. A stipend for up to $1,500 per year to spend on continued education. Flexible time-off policy and work schedules. A variety of optional employee-led resource groups (including ones for parents, LGBTQ+, and employees that identify as BIPOC, and new managers), clubs and teams. Crain’s annual survey, now in its 12th consecutive year, surveyed more than 20,000 New York City employees across a wide array of industries on topics including conditions, benefits, corporate culture and more. The survey and awards program identifies, recognizes and honors the best employers in New York City, benefiting the city’s economy, workforce and businesses. About VTS: VTS provides commercial real estate’s leading leasing, marketing and asset management platform where the industry comes to make deals happen and real-time data comes to life. The VTS Platform captures the largest first-party data source in the industry, which delivers real-time insights that fuel faster, more informed decision making and connections throughout the deal and asset lifecycle. VTS Data, the industry’s only forward-looking market dataset, and VTS Market and Marketplace, the industry’s first integrated online marketing solution, give landlords, brokers, and tenants unparalleled visibility into real-time market information and the direct connectivity to execute deals with greater speed and intelligence at every point in the planning, marketing, leasing, and asset management cycle. More than 60% of Class A commercial space in the US and 12B square feet of commercial real estate globally is managed on the VTS platform. Our user base includes over 45,000 CRE professionals including respected industry leaders like Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Elise Szwajkowski +1 212-402-3495 eszwajkowski@marinopr.com Company Website https://www.vts.com/

November 09, 2020 01:30 PM Eastern Standard Time

Citybiz Interview with Tony Gruebl, President of Think & Jeff Musgrove, MD of Executive Advisory and PE & Venture Support

Citybizlist

In this second interview citybiz asks Baltimore-based Think’s Tony Gruebl, the firm’s president and founder, and Jeff Musgrove, managing director of executive advisory and PE and venture support, to discuss the company’s recent acquisition of Ventrue and why it puts the company on the path to offering services nationwide. In September, Think purchased Ventrue LLC, a Naples, Fla.-based shared services company for an undisclosed price. As part of the transaction Think signed a partnership agreement with Naples Technology Ventures (NTV), a venture capital fund that invests in technology companies. Think will provide technology and advisory services to support NTV’s acquisitions. The Ventrue and NTV deal opens new markets for Think, primarily with private equity and venture capital firms. Musgrove says potential clients are disruptors operating in insurtech, fintech and healthtech. Through Ventrue, Think can plug into these companies and advise them along the business lifecycle in three primary areas: diligence, integration and optimization. “I have been a big believer that there is a gap to be filled by a firm like Think in that space as a trusted partner to the PE or VC firm who can go in and perform those critical functions for them,” Musgrove said. “So, they don’t need to build it. We have the expertise.” To hear more from Gruebl and Musgrove, click the below video. Citybizlist is a publisher of news and information about business, power, money, and people in 13 major U.S. city markets, including Boston, New York, Philadelphia, Baltimore, Washington, Charlotte/Raleigh, Atlanta, South Florida, Los Angeles, San Diego, Dallas and Houston. To learn more about the citybizlist content platform, please email the publisher Edwin Warfield edwin.warfield@citybizlist.com Contact Details Edwin Warfield +1 443-562-9472 edwin.warfield@citybizlist.com Company Website https://citybizlist.com/

November 05, 2020 11:00 AM Eastern Standard Time

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Robotic Research Applauded in 2020 GovCon Awards for Both Contractor and Program of the Year

Robotic Research

Robotic Research LLC, a global leader in autonomy and localization technology for government and commercial customers, announced today they received multiple honors during the 18th Annual Greater Washington Government Contractor (GovCon) Awards, the Washington, D.C. region’s premier event honoring leaders in the government contracting community. The company’s financial and operational accomplishments were recognized with their award of Contractor of the Year, and their WarLoc™ product, a wearable localization device for GPS-denied environments, was announced as Program of the Year, an honor reserved for the most exemplary contracted program among all of the applicants. “We are deeply honored to be recognized by the Northern Virginia Chamber of Commerce and the Professional Services Counsel for our success in delivering autonomy and localization technologies that have helped transform defense and transportation operations around the world,” said Alberto Lacaze, president of Robotic Research. “It’s been an extremely busy and successful few years for us. We have expanded applications for our AutoDrive® autonomy kit with defense customers and have used its past performance to broaden our work in the commercial sector. We introduced new products like Pegasus™, our first-of-its-kind hybrid, transformable drone, to defense and commercial industries. Our WarLoc™ product, the evening’s Program of the Year, was successfully delivered to warfighters, even in the face of a pandemic. It takes an amazing team as well as the support of highly collaborative customers and partners to make this quantity and speed of innovation possible. We thank all of them for supporting our creative process, which has allowed us to solve critical challenges with new thinking and fresh approaches. I am proud of our employees for their endless support and commitment to our customers’ success. Congratulations to the Robotic Research team on this accomplishment.” WarLoc™ is a unique, GPS-denied localization device for dismounts, designed to increase the safety and security of warfighters and first responders. The mobile, boot-mounted device calculates a user’s position in GPS-denied locations, ensuring continued team visibility even within hostile and degraded environments challenged by GPS jamming and communications dropouts. WarLoc™ is powered by Robotic Research’s Prometheus AI, a collaborative system framework that dramatically improves accuracy and reliability of the full system by sharing and combining localization solutions on the edge. Prometheus AI is central to Robotic Research’s comprehensive autonomous vehicle solutions, all of which are helping U.S. military forces better coordinate safe and effective operations, helping to save soldiers’ lives in the most challenging environments. “Thank you so much for the award,” said Kyle Smith, Director of Advanced Technologies and WarLoc™ Project Manager at Robotic Research. “I’m humbled by the role we’re allowed to play in serving the country’s warfighters and first responders. It’s been amazing to see this technology mature over the past 14 years, and none of it would be possible without our extremely skilled team, from engineers to technicians, administrative staff to trainers – and everything in between. I’d also like to thank all of our government team members, with special gratitude to Armaments Center.” In 2019, Robotic Research received orders for 700 WarLoc™ units from the U.S. Army, which was the first commercialized order for product. The order marked a historic achievement in the long history and development of this innovative technology, which was born out of a Small Business Innovative Research contract with the U.S. Army’s Combat Capabilities Development Center Armaments Center in 2006. WarLoc™ has since been deployed to active troops in various U.S. and overseas locations. Founded in 2002, the Greater Washington Government Contractor Awards honors the leaders and legends of an industry that is vital to society and its citizens. View images of WarLoc™ here https://bit.ly/2I7T0Bh. Learn more about Robotic Research here www.roboticresearch.com About Robotic Research Robotic Research, LLC, is a leading provider of autonomy and robotic technology driving the transformation of commercial and government autonomous operations through innovative and intelligent systems. Whether providing autonomous vehicles to the military to keep the warfighter safe; delivering unmanned, transformable robots to extend the reach of Special Forces units; or making commercial transportation safer and more efficient, Robotic Research is leading this dynamic revolution in technology. To learn more about Robotic Research, visit www.roboticresearch.com and follow us on Twitter and LinkedIn. Media Contacts: Kristina Messner ( Focused Image for Robotic Research) 703-678-6023 press@rr.ai Robotic Research, LLC, is a leading provider of autonomy and robotic technology driving the transformation of commercial and government autonomous operations through innovative and intelligent systems. Whether providing autonomous vehicles to the military to keep the warfighter safe; delivering unmanned, transformable robots to extend the reach of Special Forces units; or making commercial transportation safer and more efficient, Robotic Research is leading this dynamic revolution in technology. Contact Details Kristina Messner +1 703-678-6023 press@rr.ai Company Website https://www.roboticresearch.com/

November 05, 2020 09:15 AM Eastern Standard Time

GoGetTested Partners with Wichita County Public Health District for Free FDA-Approved COVID-19 Testing

Go Get Tested

In partnership with the Wichita County Public Health Department, GoGetTested, the first end-to-end COVID-19 testing and results management solution in the country, today announced the availability of its FDA-approved COVID-19 testing in Wichita Falls. Providing fast, easy and accessible COVID-19 testing for all, GoGetTested has opened its Covid Response Operating System and mobile testing sites in Wichita Falls at the Multi Purpose Event Center (MPEC), which is located at 1000 5th Street, Wichita Falls, TX 76301. All tests are free of charge, regardless if individuals are uninsured. In addition to COVID-19 testing, WellHealth will be offering flu shots on site in their newly constructed WellHealth Express Clinics, a Covid, Flu, and Cold point of care rapid delivery unit. Wichita Falls residents will be able to schedule flu shots directly through the GoGetTested platform. Flu shots are free with most insurance carriers and only $30 without insurance. “We are pleased to be able to provide free COVID-19 testing to our residents through the partnership with GoGetTested,” said Lou Kreidler, Director of Health, Wichita Falls – Wichita County Public Health District. “The funding for testing is covered under the CARES Act. This is a great opportunity to add free testing capacity to our community, especially for our underserved population.” Residents can schedule their COVID-19 test online, complete the oral swab test in minutes at one of the testing sites and have their results delivered via text or email within a couple of days. “It is our mission to help as many people as possible find easy, accessible COVID-19 testing sites and deliver quick, accurate results,” said WellHealth CEO Ahmad Gaber, one of the founding partners of GoGetTested. “As the COVID-19 pandemic continues and we enter flu season, we will continue working with community leaders like those in Wichita Falls, to help keep their residents safe.” GoGetTested was launched as a semi-public, semi-private industry consortium with founding partners from precision primary care startup WellHealth and Silicon Valley-based healthcare fintech startup Wellpay, among other private company partners. By using a unique mobile testing approach, GoGetTested has quickly expanded its geographical reach, especially in rural areas, and can swiftly deploy testing in COVID-19 hotspots. To date, GoGetTested has delivered more than 150,000 COVID-19 tests with the ability to continue testing at a rate of tens of thousands per day. GoGetTested is currently serving residents in Texas and South Carolina, and will expand testing to Nevada, Arizona, Missouri and other states in the coming weeks. For more information on scheduling a test, visit www.gogettested.com. About GoGetTested GoGetTested is the first national, digitally enabled Covid Response Operating System in the country with an end-to-end test scheduling and resulting management platform. Its complete COVID-19 testing experience will help keep the nation’s communities and economies open and safe. GoGetTested was founded as a unique public-private consortium of government, clinical, technology, lab, research and retail partners, including The consortium—which includes Precision Primary Care startup WellHealth, PE-backed Lab HealthTrackRx, event-management company Victory Marketing, inventory and warehouse management company Lead Commerce, and Silicon Valley-based healthcare fintech startup Wellpay. Its Covid-19 response units ensure geographical reach to rural areas and fast activation in virus hotspots. Testing is free for anyone and provides the most complete, adaptive and secure testing services nationwide. Contact Details April White +1 323-216-8589 gogettested@trustrelations.agency Company Website https://www.gogettested.com/

November 05, 2020 08:06 AM Eastern Standard Time

Hearing Aids: How to Pick the Right Type for You or a Loved One

D S Simon Media

It might sound unbelievable, but your hearing is as unique as your fingerprint. It’s true. Someone’s hearing experiences are individual to them, and the way they hear sounds is different to anyone else. A video accompanying this announcement is available at: https://youtu.be/m7KImn3BebQ Yet, the most commonly worn hearing aids use a standardized approach modeled on an ‘average ear’, which can often compromise sound quality with 93% reporting trouble hearing in noisy environments and 55% getting confused about where sounds come from. In fact, hearing loss can cause a person to miss out on hearing the moments that matter most. The problem is so big that according to the National Institutes of Health, nearly 30 million Americans have a hearing loss and could benefit from using hearing aids but fewer than 16% have ever used them. Just like a fingerprint, each person’s hearing is unique. Yet, the most commonly worn hearing aids use a standardized approach modeled on an‘ average ear’, which can often compromise sound quality. ReSound ONE is a long-awaited breakthrough that gives everyone a solution individualized precisely to their own hearing anatomy. ReSound ONE is an entirely new class of hearing aids that offers a truly individualized hearing experience and the best sound quality for every user. ReSound ONE is available in rechargeable and non-rechargeable models. For further information and to take a free hearing test, visit the ReSound.com. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content, produced by award-winning video communications firm.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

November 02, 2020 05:00 PM Eastern Standard Time

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RTCORE is Evaluating Applying for a Commercial Banking License

RTCore Inc

October 29, 2020, RTCORE Inc. (OTC Markets: “PPPS”), a Delaware corporation (the “ Company ”) is evaluating the opportunity to apply for a U.S. Commercial Banking License, which the Company believes would be synergistic with its innovative CoreBanking system and negotiations for the acquisitions of Conquest Insurance Group and Spanish Moss Premium Finance Co. RTCore is a Cloud-native Banking System delivering real time digital transaction processing and settlements, with multi-bank, multi-lingual and multi-currency capabilities, while achieving high levels of operating efficiencies. The recent notice issued by the Office of the Comptroller of the Currency (OCC) allowing banks to securely embrace digital assets is a major step forward in the quest for banks to provide digital services broadly to the market. Additionally, the OCC further clarified its position on the provision of banking services to stablecoin issuers as long as the stablecoins are backed by fiat currencies on a one-to-one ratio. According to Company COO John Kelly, “The decision to begin evaluating the opportunity to create a post-modern 'de novo' bank is owed to the knowledge and experience of our management team, combined with a new banking platform whose design can successfully address the pent-up market demand for innovative digital banking products and services processed in a highly secure and regulated real time environment.” RTCore’s Chairman and CEO, Phil Walton stated “The software includes sophisticated KYC and AML monitoring, reporting and analytics. By putting our money where our mouth is, should our efforts prove successful, a new bank with a complete set of digital banking products and services running on real time settlement rails, could quickly become a market leader in the digital transformation of our legacy-based banking industry.” The Company may choose not to create a 'de novo' bank. If it does choose to move forward, there is no guarantee that it would receive the requisite licenses and approvals, or otherwise have the ability to do so. Regardless of the outcome, the Company will continue to market the RTCore System to interested Financial Services organizations worldwide. About RTCORE Inc. Headquartered in Charlotte, NC, RTCORE Inc. is an industry leader in the design, development and commercial deployment of Cloud-native, real time transaction processing software for the global financial services industry. Safe Harbor Statement -This press release may contain forward-looking information that involve a number of risks and uncertainties made pursuant to Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995, including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things, the company’s business plans and the company's growth strategy and operating strategy. Words such as “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “projects,” “goals,” “targets” and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of numerous and varied factors. RTCORE, Inc. does not undertake to update any forward-looking statements except as required by applicable law. All subsequent written and oral forward-looking statements attributable to the company or any person acting on behalf of the company are expressly qualified in their entirety by the cautionary statements referenced above. Contact Details Phil Walton +1 704-965-4087 philwalton@realtimecore.com Company Website https://www.realtimecore.com

October 29, 2020 08:18 PM Eastern Daylight Time

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