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LimeWire Acquires BlueWillow - AI Image Generation Model and 2nd Largest Community with 2.3 Million Users

LimeWire

LimeWire, the tech company best known for peer-to-peer music sharing, has acquired AI generation platform BlueWillow. BlueWillow is a leading AI image generation platform with a vibrant community of over 2.3 million active members. In the span of this year alone, BlueWillow has facilitated the creation of 500 million images, solidifying its position as a driving force in the AI content generation sphere. The acquisition comes on the heels of LimeWire announcing LimeWire AI Studio, its content generation platform that allows anyone to create images, own the rights to them, and generate revenue when those images are used. "This is more than an acquisition; it's the merger of a shared vision and innovation. Welcoming BlueWillow amplifies our commitment to both the artist and creator community. Together, we're shaping the future of AI-driven content creation and creativity." shared Paul and Julian Zehetmayr, LimeWire's Co-CEOs. As a result of this acquisition, LimeWire will now combine its already easy-to-use AI Studio, and creator platform with BlueWillow’s proprietary AI model for text-to-image and image-to-image generation. LimeWire’s objective moving forward is clear: to provide all creators with access to advanced AI tools and empower everyone to unleash their creative potential. Understanding AI Content Generation Space The updated LimeWire AI Studio leverages a range of open-source AI technologies, allowing creators to own the images they create. Through this acquisition, it makes the creation process easier so anyone - regardless of their technical ability - can participate. These capabilities will set LimeWire apart from other competitors who only offer image creation capabilities without ownership rights and those reliant on Discord communities and complex prompts, which often limit users' creative potential. Giving Creators Ownership Additionally, this deal will facilitate the creation of the only AI image generator community where creators are able to earn money from their work through ad revenue sharing. The alliance ensures that users, both old and new, will have access to unparalleled AI tools and resources to create, share and monetize their content. Thus setting the stage for a new era in AI-generated content. Creators will receive 50% of ad revenue generated from their content (up to 70% depending on status within the community). Subscribers to said creator will receive 10% of ad revenue generated and an additional 10% if they share their work on social media. LimeWire's acquisition of BlueWillow not only combines the strengths of two pioneering platforms but also further illustrates LimeWire's commitment to democratizing the digital creative space. BlueWillow’s CEO Ritankar Das states, "At the heart of BlueWillow is our community, a diverse group of passionate creators and innovators who have been pivotal to our growth. Joining the LimeWire family ensures that our community doesn’t just grow in numbers but thrives in an environment of state-of-the-art tools and expanded opportunities." ABOUT LIMEWIRE LimeWire is an innovative subscription-based platform designed to empower content creators, artists, and brands while offering fans exclusive content, access to private communities, and direct communication with their favorite artists. Evolving from its early 2000s music discovery roots, LimeWire enables creators to maintain greater control over their content, generate predictable income, and foster strong connections with their most loyal fans. Contact Details Ditto PR Wahaj Khan +1 630-935-7684 wahaj@dittopr.co Company Website https://limewire.com/

September 20, 2023 03:01 AM Eastern Daylight Time

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Get SAT’s new In-Flight Connectivity ESA Terminal was chosen by Safran Passenger Innovations, as part of the RAVE AeroConnect Ku IFC solution

Get SAT

19 September 2023 - Get SAT, an innovator in compact satellite communication terminals for ground, airborne, and maritime applications, today announced that it has been chosen by Safran Passenger Innovations (SPI) to supply an innovative Ku-band terminal as part of SPI’s “RAVE AeroConnect” inflight connectivity (IFC) products. RAVE AeroConnect Ku is a new flexible satellite connectivity solution, which will be provided to airlines as linefit and retrofit options on all major aircraft platforms. The antenna will add Ku-band capability in addition to SPI’s existing Ka-band offering. With RAVE AeroConnect, airlines will be able to choose between various satellite services and multiple constellations. Notably RAVE AeroConnect will be available on Airbus aircraft as SFE* line-fit and retrofit catalogue option as part of Airbus’ Airspace HBC plus (targeted offer ability for 2024 and EIS in 2026) and enable airlines to connect to a choice of service providers. RAVE AeroConnect Ku is part of a complete IFC solution with a radome, adapter plate and various modem options. Get SAT Aero LESA represents state-of-the-art, low profile ESA (Electronically Steered Antenna) technology operating in the Ku-frequency band. It allows simultaneous connection with both Geostationary Orbit (GEO) and Low Earth Orbit (LEO) satellite constellations, to enable simultaneous multi-beam multi-orbit operation. This small, versatile terminal will provide airline passengers with unparalleled connectivity experience through true global coverage by its multi-orbit performance and higher bit rates with its multi-beam simultaneous links. Built specifically for airborne operations, RAVE AeroConnect Ku solution, which includes Get SAT Aero LESA, supports both in-flight connectivity and entertainment. The new RAVE AeroConnect Ku terminal from SPI, that was selected by Airbus for its HBCplus solution, leads to significant reductions in operating costs and boosts the user experience. This enhanced connectivity solution will ensure faster, more reliable passenger connectivity with greater flexibility. Passengers can look forward to a remarkable, seamless in-flight connectivity experience. Offering high-speed connectivity, the terminal delivers enhanced data rates, reduced drag and latency, and increased performance, thus boosting productivity, reliability and decreasing operational costs. This innovative solution, which allows data exchange as a unified aircraft system, is ideally tailored to support future capacity growth and digital services demand. It empowers airlines to offer passengers an exceptional connectivity experience. Get SAT CEO, Benjamin, said: "SPI has recognized our expertise in navigating complex SATCOM challenges, highlighting our contribution to evolving airborne communication solutions. Together with SPI and Airbus, we're gearing up to amplify the RAVE AeroConnect IFC offering using our innovative communication terminals, which are specifically designed to cater to airline demands. It's a matter of pride for us to be a part of such transformative steps in commercial aviation." Matt Smith, CEO of SPI said: “Safran Passenger Innovations is delighted to select Get SAT as the Ku-band ESA provider for our various airline and OEM programs. We are excited to disrupt the industry by providing agnostic and open terminals supporting the Airbus vision, giving airlines the freedom of choice for their future connectivity services. Get SAT has demonstrated their ability to meet the needs of demanding government customers and we are excited to bring this technology to the commercial airline market.” About Get SAT Get SAT is at the forefront in supplying Micronized Satellite Terminals, which come in a compact form and are suitable for ground, air, and maritime applications. The company's groundbreaking antenna technology delivers the highest level of efficiency in the most compact size. The LESA antenna technology is a leap forward in capability and form factor, enabling Get SAT to provide truly portable, integrated, full-duplex, wide-band satellite communications. Get SAT terminals operate in multi- orbit satellite constellations, in GEO, MEO and LEO. For more information visit www.getsat.com Press Contacts Get SAT Ayala Pinhasi +972-76-5300-700 #122 +1-571-501-5150 info@getsat.com About SPI Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 83,000 employees and sales of 19,0 billion euros in 2022 and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and innovation roadmap. Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices. Safran Passenger Innovations creates innovative in-flight entertainment and connectivity systems using the latest in consumer and avionics technology to provide best in class hardware, software, and services for a premium, connected flying experience. For more information: www.safran-group.com www.safran-group.com/companies/safran-passenger-innovations Press Contacts Jared Siqueland +1-714-203-0525 jared.siqueland@zii.aero SFE* = Supplier Furnished Equipment Contact Details Get SAT Ayala Pinhasi +972 76-530-0700 info@getsat.com Company Website https://www.getsat.com/

September 19, 2023 11:00 PM Pacific Daylight Time

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Nextech3D.ai announces new India unit as high-scale 3D model production expands

Nextech3D.AI

NextTech3D.ai CEO Evan Gappelberg and Hareesh Achi, executive vice president of Operations joined Steve Darling from Proactive to share significant developments on the company's strategic initiatives to enhance profitability and streamline its operations. One notable achievement is the establishment of Nextech3D Solutions India Private Limited, a move aimed at optimizing profitability and reducing labor costs, with the goal of achieving these benefits starting in the fourth quarter of 2023. This transition is expected to result in expense reductions and significantly improved overall performance as the company rolls out its AI solutions. Furthermore, Gappelberg revealed that Nexttech3D.ai is gearing up for an anticipated record 3Q and 4Q, with expectations of substantial 3D model growth in 2024. The company has strategically shifted its focus, concentrating exclusively on high-scale production for its 3D modeling business, with a strong emphasis on serving Amazon and other enterprise clients. Achi says this shift in strategy involves transitioning away from smaller e-commerce clients that require a limited number of 3D models and instead prioritizing large enterprise clients that demand thousands of models and high-scale production. This strategic shift is poised to strengthen the company's revenue streams and make a significant contribution to its overall growth and financial stability. Nextech3D.ai's focus on high-scale production and large enterprise clients aligns with the growing demand for 3D modeling and augmented reality solutions across various industries. This strategic direction positions the company for sustainable growth and success in the dynamic world of 3D technology and AI solutions. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

September 19, 2023 02:24 PM Eastern Daylight Time

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Ocean Power Technologies sees 1Q revenue climb as sales pipeline surges

Ocean Power Technologies Inc

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to share details of the company's fiscal first quarter for 2023. The results showcased significant growth, with revenues reaching $1.3 million, up from $0.7 million in the same period the previous year. The positive financial performance was attributed to various factors, including sales of WAM-V autonomous vehicles, revenue generated from a previously announced contract with the Department of Energy, and strategic consulting services. Stratmann highlighted the remarkable growth in the company's sales pipeline, which has increased by an impressive 215% year over year, now standing at approximately $85 million. This surge is attributed to several factors, including a substantial increase in defense and security activity and expanding commercial opportunities. Notably, there is growing interest from offshore wind companies seeking autonomous monitoring, surveillance, and survey-related services at various stages of project development. Ocean Power Technologies is uniquely positioned as a provider of ocean energy and intelligent data services. The company's innovative, low-carbon distributed and autonomous ocean power and data solutions, coupled with offshore engineering and design services, positions it as a key player in the evolving landscape of sustainable energy and ocean-related services. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

September 19, 2023 02:17 PM Eastern Daylight Time

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PathAI Announces Expansion of BioPharma Lab to Provide End-to-End Central Pathology and Histology Services

PathAI

PathAI, a global leader in AI-powered pathology, today announced the expansion of its BioPharma Laboratory Services. Capitalizing on the 30-year history of delivering high quality pathology services in the PathAI Diagnostics clinical laboratory (formerly known as Poplar Healthcare), PathAI offers biopharma partners a comprehensive, GCP/GCLP compliant histology and digital pathology lab to support prospective clinical trials across oncology, liver, and gastrointestinal indications. The lab offers pharmaceutical companies access to unparalleled histological laboratory services and comprehensive operational support, encompassing the full end-to-end tissue processing from kitting and logistics management, tissue processing and staining across H&E, IHC, and special stains; local and remote pathology tapping into PathAI’s network of >500 US board-certified pathologists; and AI-driven analysis from PathAI’s menu of algorithms and clinical trial software. This integrated approach enables the streamlined, proficient, and regulatory-compliant implementation of controlled clinical trials, all within a single facility. PathAI’s BioPharma Lab has a unique combination of capabilities to enable clinical trials where pathology-based endpoints, biomarker classification, and/or superior histology quality are critical to the success of their pharma partners. Over the last two years, the company has already supported Phase 2 clinical trials in NASH, IBD, and breast cancer, as well as oncology neoadjuvant trials. Based on successfully meeting key milestones on quality and turnaround times, PathAI is expanding and scaling its services to new trial indications and partners. The lab adheres to all relevant quality, regulatory, and compliance standards including CAP/CLIA and GCP/GCLP. In addition to full laboratory support for clinical trials, PathAI’s BioPharma Lab supports trials through its AI products and expertise with AI-powered endpoint assessment and patient enrollment. “We don’t just create algorithms, we stay in lock step with our pharma partners to ensure our AI products are integrated into trials appropriately, based on regulatory criteria, to enhance trial quality and efficiency,” said Andy Beck, MD, PhD, CEO of PathAI. The BioPharma Lab’s expertise helps reduce the impact of many challenges associated with clinical trials, including unreliable turnaround times, variable histology, stain or scan/digitization quality, and challenging assessment of histological endpoints. In addition, the lab allows pharma partners the ability to use AI without a heavy lift to implement. The lab offers most major types of instrumentation, with flexible workflows across different scanners, stains, and biopsy types, which improves the quality of clinical trials. Importantly, the services include access to PathAI’s extensive network of over 500 US Board Certified pathologists to perform high quality reading with rapid turnaround time in a cost-effective manner. “During my time running translational sciences in a Top 10 pharma company, I witnessed a strong need for high quality, scalable, and flexible pathology services that can further be combined with the state-of-the-art technology in digital pathology and AI,” said Mike Montalto, PhD, Chief Scientific Officer, of PathAI. “We took a pharma-first approach when establishing this lab and its offerings.” The BioPharma Lab will physically expand in 2024 to allow an increase in sample throughput to accommodate larger scale global phase 3 studies, as well as additional equipment to support a wider range of clinical studies. Learn more about how PathAI’s BioPharma Lab can power your next clinical trial by contacting BD@pathai.com or visiting https://www.pathai.com/clinical-trial-services/. PathAI will be at several upcoming conferences with representatives available to speak about the lab’s capabilities, including ESMO, SCOPE Europe (booth #4), and SCOPE Orlando (booth #206). About PathAI PathAI is the only AI-focused technology company to provide comprehensive precision pathology solutions from wet lab services to algorithm deployment for clinical trials and diagnostic use. Rigorously trained and validated with data from more than 15 million annotations, its AI-powered models can be leveraged to optimize the analysis of patient samples to improve efficiency and accuracy of pathology interpretation, as well as to better gauge therapeutic efficacy and accelerate drug development for complex diseases. PathAI, which is headquartered in Boston, MA, and operates a CAP/CLIA-certified laboratory in Memphis, TN, is proud to have a team of 600+ innovative thinkers from around the globe. For more information, please visit www.pathai.com. Contact Details SVM Public Relations and Marketing Communications Maggie Naples +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

September 19, 2023 10:00 AM Eastern Daylight Time

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AmeriLife Wealth Announces New Distribution Growth and Wealth Transformation Division

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, today announced the formation of Distribution Growth and Wealth Transformation, a newly created division within AmeriLife Wealth designed to support business development and organic growth, and accelerate the integration of its network of leading distribution companies and wealth advisory firms. “As we break through traditional distribution models and provide holistic solutions to the market we serve, it’s critical that we focus the right talent and resources to help us fundamentally transform the way in which we deliver value,” said Mike Vietri, Chief Distribution Officer of AmeriLife Wealth. “This team will spearhead our strategic focus and enhance our Wealth Distribution Platform, while also capitalizing on selling synergies and opportunities to leverage best-in-class solutions across our platform, better supporting those we serve.” Andrew “Andy” Sheen, most recently senior vice president and head of AmeriLife’s BizRev Group (BRG), will lead the Distribution Growth and Wealth Transformation team, reporting to Vietri. In this newly created role, Sheen will also leverage his considerable industry experience to lead all efforts surrounding AmeriLife Wealth’s market positioning while collaborating with AmeriLife Wealth leaders to deliver best practices, business development strategies, and sales and resource synergies. Sheen joined AmeriLife in December 2020 from Saybrus Partners, where he oversaw product development for the company’s annuity and life distribution. Prior to Saybrus, from 2009 to 2012, Sheen served his first stint with AmeriLife as its director of Financial Services, managing annuity and life product development for the company with its carrier partners. He began his career at CDA of America in various, and increasingly senior, product development, sales, and marketing roles. “I’m thankful to Mike for this opportunity and excited to bring my nearly 20 years of experience on the both carrier and distribution side to this new endeavor,” said Sheen. “‘Growth’ and ‘transformation’ are two sides of the same coin and essential to both accelerating the success of our affiliated partners, but also ensuring they remain one step ahead of consumer demands and the constant changes in our industry.” AmeriLife Wealth Continues to Grow Its Leadership Ranks The establishment of the new division and Sheen’s elevation builds upon significant strategic changes to AmeriLife’s Distribution structure as well as leadership changes within both its Wealth and Health Distribution organizations. In addition to Sheen’s appointment, the following senior roles within AmeriLife Wealth were also announced: Kelly Atkinson has been named Senior Vice President of Distribution Operations and Chief of Staff for AmeriLife Wealth, an expansion of her current role with a strategic focus on supporting Wealth’s growing executive leadership team and priority initiatives. In this expanded role, Atkinson will also continue to support enterprise campaigns and initiatives that span AmeriLife’s Wealth and Health distribution organizations. With Atkinson’s elevation, Crystal Santillanes has assumed an expanded role as Vice President of Distribution Operations. With a focus on driving action and alignment with Distribution goals, Santillanes is accountable for overseeing a variety of enterprise-wide Distribution initiatives and campaigns, in partnership with various functional areas across the company. Santillanes and her team is also responsible for Distribution meetings, events, and incentive programs. Bob Yates has been named Vice President, Distribution Business Analytics. In his new role, Yates will focus on partnering with Wealth and Health Distribution leadership and AmeriLife’s affiliates to maximize the value of available data, providing financial and market analysis, interpreting production results, and forecasting and developing business trend insights to support data-driven strategic planning, business development, and decision making. Yates will continue to collaborate with AmeriLife’s Enterprise Data and Analytics (EDA) team to support enterprise level data collection and reporting as well as ad hoc Distribution analysis needs. Lastly, Christy Appleang, CPA, joins the organization as Vice President, Financial Operations, responsible for leading all budgeting processes as well as developing strategic budgetary policies and guidelines to help meet short and long-term financial goals. Appleang brings 20 years of financial planning and analysis experience to AmeriLife Wealth, most recently serving as Senior Director of Finance for national grocer, Kroger, in its Health & Wellness Specialty Pharmacy Retail Division. Prior to Kroger, she served as Chief Financial Officer for Northwestern Mutual’s Southeast region. “We’re incredibly grateful for Andy’s, Kelly’s, Crystal’s and Bob’s continued dedication to our business, and are excited to welcome Christy to our team, as we continue our mission of transforming Wealth distribution for our affiliated agents and advisors,” added Vietri. “The growth of our team is a testament to what we’re building here at AmeriLife, and I look forward to working with each of them in their new roles.” ### About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com Company Website https://amerilife.com/

September 19, 2023 09:00 AM Eastern Daylight Time

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Discern Security lands funding round as it launches world's first AI powered security policy management platform

Discern Security

In an era where global organizations collectively invested over $150 billion in cybersecurity measures last year*, the escalating proliferation of cyberattacks resulting in trillions of dollars in annual damages, underscores the critical need for cybersecurity innovation. Addressing this existential threat, Discern Security, the pioneering AI-driven policy management cybersecurity startup, has emerged from stealth with a $3m seed funding round. The funding round was led by a diverse investor consortium including BoldCap, WestWave Capital, Cyber Mentor Fund, Security Syndicate, along with influential Global Chief Information Security Officers (CISOs). This spread of investors underscores the opportunity Discern Security presents for the cybersecurity community. Established in 2023 by seasoned entrepreneurs Sai Venkataraman, Santhosh Purathepparmbil, and Rohan Puri, Discern Security aspires to reshape the cybersecurity landscape by harnessing the formidable power of AI. The company functions as a "Policy Intelligence Hub," leveraging AI capabilities to monitor and optimize security controls across a multitude of cybersecurity tools for its clients. This innovative approach fosters the development of a cohesive cybersecurity mesh architecture, facilitating seamless integration among various security products. Discern Security addresses three pivotal challenges confronting the industry. Firstly, it empowers organizations to maximize the efficacy of their security investments by enhancing the performance of existing products. Secondly, it alleviates the industry-wide shortage of cybersecurity expertise by taking on the operational heavy lifting, enabling teams to focus on strategic initiatives. Lastly, it tackles the inherent issue of standalone security products by simplifying the complex configuration process, thereby enhancing both security and productivity. Through its Policy Intelligence Hub, Discern Security empowers organizations to visualize and optimize their security configurations, ensuring continuous dynamic policy management throughout their cybersecurity tool arsenal. In stark contrast to conventional static and compartmentalized security solutions, Discern Security's platform adopts a proactive, interconnected approach to cybersecurity. By incorporating AI into the equation, the platform enables businesses to manage their security resources with greater efficiency while fortifying defenses against advanced cyber threats. Sai Venkataraman, Co-founder and CEO at Discern Security, commented: "The cybersecurity landscape demands perpetual innovation and fine-tuning, and our team at Discern Security is resolutely committed to ushering in a paradigm shift. With our platform, businesses gain the advantage of a comprehensive security strategy that not only mitigates risks but also optimizes their security investments. Our mission is to deliver world-class cybersecurity solutions transcending geographical boundaries, safeguarding organizations worldwide." Discern Security's solution has already gained significant traction, forging partnerships with numerous Fortune 500 corporations and top-tier cybersecurity firms. The proceeds from this funding round will be allocated to expand the product offering, incorporating essential integrations, and continuing the recruitment of a global team of cybersecurity experts. Discern Security is poised to extend these solutions to businesses worldwide, actively safeguarding their digital assets against evolving cyber threats. Sathya Nellore Sampat, General Partner at BoldCap, remarked, "Security threats to organizations continually evolve, yet security policies and configurations at most organizations are infrequently updated, often once or twice a year. This leads to increased risk and vulnerability. Discern's AI-powered solution strategically addresses this need and is poised to create a new category and become a market leader in this space. We are delighted to lead their funding round." Warren Weiss, Managing General Partner at WestWave Capital, added, "Discern Security's innovative AI-driven approach to cybersecurity promises to make a significant impact in the industry. We believe that Sai, Santhosh, and Rohan's visionary leadership positions them as category creators, and we eagerly anticipate supporting their mission to fortify businesses against ever-evolving cyber threats." About Discern Security Discern Security is the world's first AI-Driven cybersecurity startup founded by repeat entrepreneurs Sai Venkataraman, Santhosh Purathepparmbil, and Rohan Puri. The company is on a mission to revolutionize cybersecurity by leveraging the power of AI to create a dynamic, interconnected platform for security configuration and policy management. With a team spread across US and India, Discern Security aims to become a global leader in cybersecurity solutions, safeguarding businesses from the ever-evolving cyber threats. About BoldCap BoldCap helps Bold founders from day zero. BoldCap invests 500K-1M at the seed stage and specializes in helping founders build out their GTM. About WestWave Capital Deep-Tech takes deep partnerships. Founded by former entrepreneurs, WestWave knows that founders need more than just capital. WestWave Capital invests in market defining pre-seed, seed and series A enterprise start ups. Contact Details Discern Security Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.discernsecurity.com/

September 19, 2023 09:00 AM Eastern Daylight Time

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B2B Video Visibility & Monetization Platform VideoXRM’s Beta Launch Surpasses 5,000 Video Uploads; Expands Content Sourcing and Audience Engagement with Launch of “Company Advocate”

VideoXRM

VideoXRM, the pioneering B2B video platform that utilizes precise subject indexing and granular search capabilities to drive greater return on investment from video assets, announced today that its Beta launch has surpassed 5,000 video uploads to its platform from a growing base of companies. VideoXRM also announced the launch of its “Company Advocate” functionality to accelerate the growth of its video library through expanded audience engagement. There is no cost to upload or search for content on VideoXRM. The VideoXRM platform provides 75 search parameters including 25 different video/audio characteristics to identify and index the unique attributes of each video, including subject, industry, specialty, participants, roles, geography, corporate status, management, etc. “Company Advocate” VideoXRM’s new “Company Advocate” functionality enables business content creators, customers, partners, media outlets or fans to upload content on behalf of a company. This new feature is designed to expand the reach, engagement, and growth of content on the VideoXRM platform. David Baker, VideoXRM’s Founder and CEO, commented, “We are excited by the growing engagement and constructive customer comments and suggestions we have gained through our Beta launch. This feedback loop has already contributed to new features such as the ‘Company Advocate’ functionality that substantially expands potential content sources and value for our platform.” VideoXRM brings the “X factor” to Customer Relationship Management (CRM) by expanding it ALL stakeholders including partners, constituents, employees, analysts, suppliers, researchers, recruiters, marketers, journalists, investors, citizens, bankers, etc. Given the growing user preference for video and rich media, VideoXRM provides a powerful new medium for exposure and precise searches. About VideoXRM ( VideoXRM.com ) VideoXRM is a global, searchable video and audio sharing and networking platform connecting corporate rich media content with all potential stakeholders. The platform and smart search technology creates value and knowledge from mountains of unstructured digital media, delivering greater ROI from content investments. VideoXRM’s mission is harnessing the enhanced communicative power of rich media through a new distribution and discovery paradigm. VideoXRM was Co-founded by David N. Baker, who formed Revere Data LLC (Sectorbase) which was acquired by FactSet Data Systems, Inc. His Co-founders are Vadim A. Tarasov, Byron Kwok, and David Guzy. Connect with us on LinkedIn and Twitter and Facebook. Contact Details Catalyst IR David C. Collins +1 212-924-9800 videoxrm@catalyst-ir.com Company Website https://videoxrm.com

September 19, 2023 08:55 AM Eastern Daylight Time

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SMX® Commits to Advancing Contract Management Excellence with Adoption of NCMA Contract Management Standard

National Contract Management Association

SMX®, a trusted contractor in advanced technology solutions, proudly announces its adoption of the National Contract Management Association's (NCMA) Contract Management Standard (CMS™). This strategic move underscores SMX's unwavering dedication to fostering profession-wide best practices, contracting principles, terminology, processes, and cultivating professional career development within the field. The NCMA Contract Management Standard serves as a global language for contract management professionals across various industries and organizations. It provides thought-leading organizations, like SMX, a unified framework to articulate and discuss contract management phases, domains, competencies, and skills. As SMX incorporates the CMS as a cornerstone of its corporate Quality Management System, customers can expect enhanced contract management services, increased operational efficiency, and a more transparent and streamlined experience throughout their contract lifecycle. "SMX takes immense pride in being an early adopter of CMS, a testament to our commitment to delivering unparalleled service to both our internal stakeholders and valued clients," remarked Rick Schutz, Vice President, Corporate Counsel at SMX. "This adoption reflects our pursuit of excellence in every facet of contract management." Kraig Conrad, Chief Executive Officer of NCMA, emphasized, “the SMX adoption of the CMS™ embodies our unwavering pursuit of a common language for contract management across organizations and around the world.” With the integration of the CMS into the frameworks of Federal Acquisition Certification in Contracting (FAC-C) and the Department of Defense framework (DAWIA), SMX's embrace of the NCMA CMS aligns seamlessly with the evolving landscape of contract management. As SMX embarks on this transformative journey, they look forward to not only exceeding their customers' expectations but also contributing to the evolution and standardization of contract management practices worldwide. For more information on NCMA's Common Language Adoption, please visit: www.ncmahq.org/adopters The National Contract Management Association (NCMA) – www.ncmahq.org – stands as the premier contract management organization whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. About SMX SMX is a leader in next-generation mission support, digital transformation and IT solutions operating in close proximity to clients across the U.S. and around the globe. SMX delivers scalable and secure solutions combined with the mission expertise needed to accelerate outcomes for the Department of Defense, Intelligence Community, Public Sector, Fortune 1000, and other public and private sector clients. For more information on our solutions, please visit https://www.smxtech.com/. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

September 19, 2023 06:00 AM Eastern Daylight Time

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