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Avingtrans in a strong cash position after "beating city expectations again"

Avingtrans PLC

Avingtrans (LON:AVG) CEO Steve McQuillan and CFO, Stephen King speak to Thomas Warner from Proactive London after the engineering company released its preliminary results for the year to 31 May 2023. McQuillan gives a brief overview of the company's unique way of doing business, which combines engineering with elements of the private equity model. He highlights that Avingtrans specialises in serving highly regulated markets such as nuclear, defence, aerospace, and medical. Their business approach, termed "Pinpoint, Invest, Exit," involves identifying struggling engineering businesses, acquiring them, revamping their operations, and subsequently selling them. King reports a revenue increase of 17.5% for the year ending May 31, 2023, which he suggests "beat city expectations again". The company also held £13 million in cash reserves at the end of the period, enabling it to undertake potential future acquisitions and investments. McQuillan says he was pleased with the resilience of the business during a year blighted by challenging conditions in the market. He also adds that the market is undervaluing the medical side of the business. Looking to the future, he suggests its more likely that Avingtrans will be divesting businesses over the next few years rather than acquiring any major new ones, not least because its still "digesting" two relatively recent acquisitions. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

September 28, 2023 09:30 AM Eastern Daylight Time

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Digitalbox CEO upbeat on outlook for 2024 despite challenging first half

Digitalbox PLC

Digitalbox PLC (AIM:DBOX) CEO James Carter speaks to Thomas Warner from Proactive after the digital media company published its interim results for the six months to 30 June 2023. Carter discusses the challenges faced by the business during the first half of the year, noting that despite forecasting a tough period, the company did finish ahead of its internal budget. Two primary issues were highlighted: the reduced traffic from major platforms like Google and Facebook and the risks of algorithm changes and content strikes. Carter cited an instance where Entertainment Daily was blocked from Google's Discover feed, resulting in a significant drop in traffic. Another challenge was a 95% reduction in page reach on Facebook for a post about a Netflix show. To address these challenges, he says Digitalbox has optimised its website performance and is pivoting towards on-platform video content distribution. The company also acquired assets from Social Chain during the post-period, boosting their social media following. Carter expresses optimism about the global ad market's recovery and hints at potential future acquisitions for Digitalbox. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

September 28, 2023 09:26 AM Eastern Daylight Time

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SSV Capital aiming to "build a better tomorrow" with multi-sector approach

SSV Capital Ltd

SSV Capital Ltd founder and CEO Ankur Ghosh visits the Proactive London studio to discuss the company's founding, vision and future plans, following its incorporation in August 2020. Ghosh explains that he co-founded the company with his wife and others and says they are deeply committed to "building a better tomorrow", using what he describes as a "Triple-P approach" of people, planet, and prosperity. He gives an overview of the three sectors that SSV Capital will be focusing on, paying particular attention to the company's ambitions in the realm of Fintech. He reveals that SSV Capital is developing an innovative payment solution set to disrupt the market. Over the next few months, the company plans to potentially become a PLC, explore listing options, and launch Fintech and PropTech products. By year-end, innovations in QR payment technology, sustainable alternative investment funds focusing on fintech & Proptech and a Proptech platform are expected. Ghosh concludes by saying that "a lot of things are running in parallel for SSV Capital, we are growing and we want investors to grow with us. To build a better tomorrow, that's the most important thing." Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

September 28, 2023 09:24 AM Eastern Daylight Time

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After Achieving 100% Cancer Remission Rates In Preclinical Studies, Starpax Magnetodrones Head For Human Trials

Benzinga

By Rachael Green, Benzinga Starpax Biopharma is preparing to start clinical trials this year with its patented Starpax cancer treatment platform across six unmet needs, including pancreatic, breast, colorectal, head & neck, uterus and prostate cancer. Solid cancers like the ones Starpax will focus on in the upcoming trials account for 89% of all cancer deaths – that’s largely due to the fact that solid tumors are so difficult to treat. But Micheal Gareau, Founder and President of Starpax Biopharma, is on both a public and personal mission to change that after the disease claimed the lives of two brothers and his father and his third brother and sister are presently under treatment for cancer. And he has an impressive team with deep expertise in the space around him to help achieve this goal. The non-exhaustive roster includes such notable names as André Monette, former President at Johnson & Johnson France, Dr. Lisa Matar, former President of Eli Lilly (Canada) and John Helou, former president of Pfizer (Canada), Dr. Jacques Jolivet, holder of the King Georges V Silver Jubilee Medal in Oncology, and Berthe Latreille, who recently retired as COO of JP Morgan Investment Bank in London, all active on the board of directors. Here’s how this never-seen-before cancer treatment platform works. Why Solid Cancers Are Harder To Treat Anticancer drugs are usually injected in the blood network. The drug needs to circulate in 60,000 miles of blood vessels hoping to reach the tumor. Unfortunately studies have demonstrated that just 0.7% of the cancer drug dose actually reaches the tumor while nearly 99% of this toxic agent continues to circulate in the rest of the patient’s body causing unwanted side effects. The second difficulty, after the drug reaches the tumor, is to be able to distribute the drug throughout its entire volume. As the tumor continues to grow, the blood vessels become chaotic, malfunctioning or collapse, creating hypoxic zones (low level of oxygen areas) and making it difficult to diffuse the drug throughout the whole volume of the tumor. Several studies around the world have demonstrated that 90% of the tumor volume receives little or no drug at all creating a major resistance to treatment that systemic chemotherapy or immunotherapy have never been able to solve. The Starpax technology has been conceived specifically to solve this resistance problem to treatment. How The Starpax Platform Is Aiming To Overcome Those Challenges Starpax combines the power of four scientific disciplines: microbiology, biochemistry, electromagnetism engineering and AI into a two-part platform – the Magnetodrones and the Polartrak – that work together to deliver cancer drugs directly into tumors, trap them inside the tumors and ensure the spread into every part of them. Starpax Magnetodrones are self-propelled bacteria that are injected directly into a tumor. The non-pathogenic bacteria can swim between tumor cells without the need of blood vessels and are capable of carrying a variety of different cancer drugs. They die about 30 minutes to an hour after injection. In order to ensure they are distributed in the entire volume of the tumor rather than just sitting near the injection site, Starpax uses magneto-aerotactic bacteria. That means they’re sensitive to very specific magnetic fields, and they naturally accumulate in low-oxygen environments. Their sensitivity to magnetic fields comes into play with the PolarTrak, a device inside which the patient is positioned, that creates unique magnetic fields. Instead of leaving the Magnetodrones free-floating throughout the patient’s body, the Polartrak creates a magnetic sphere around the tumor that contains the Magnetodrones and forces them to distribute throughout the tumor’s whole volume without circulating in blood vessels. The combined result of the PolarTrak and Magnetodrones is a platform that can deliver powerful cancer-fighting drugs directly into a tumor and ensure that they are spread throughout its entire volume. Results of preclinical trials, report 100% of the dose reached the tumor delivering 50 times more drug in the tumor with 800 less toxic molecules in the patient’s body, a major improvement over current systemic chemotherapy and immunotherapy. Subjects also reported a 100% remission rate with no significant side effects. Building on those groundbreaking preclinical results, Starpax is preparing to start clinical trials this year to test the patented cancer treatment platform in humans. During those trials, a cancer drug that has already been approved by the FDA and has been in use by humans for over 20 years will be attached to the surface of Magnetodrones. The company is planning to seek fast-track designation from the Food and Drug Administration (FDA) to help get this new technology to the patients who need it as soon as possible. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 28, 2023 09:15 AM Eastern Daylight Time

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The Sweet Spot: How To Trade The Profit Zone

TechniTrader

In any given market condition, there is a profit zone where most of the highly lucrative trades occur. It is that sweet spot where a stock price is poised to move but has not moved yet. Most retail traders miss the profit zone and instead chase momentum runs that are already underway and often end up buying just as professional traders and HFTs are selling. The end result is a loss for the retail trader. The sweet spot is the final price point at which the Dark Pool Buy-Side Giants cease their hidden accumulation, which Professional Traders identify and start their pre-run setups to trigger High Frequency Trading Firms, aka HFTs. All of this activity goes on within a narrow sideways price range. Here’s how this works: The Buy-Side Institutions, referred to as the Dark Pools here, buy stocks at bargain prices or when the company behind the stock is in a growth mode that is not yet part of the public news. Buy-Side Institutions visit companies regularly since they are the largest investors for these firms. The CEO and CFO provide plenty of information upon request. These visits occur before the end of a quarter and well ahead of the earnings report release date. From this information, the Dark Pools either start accumulating more shares based on projected growth or start rotation to lower inventories of that stock to invest in a company poised for better earnings over time. Their buying is always based on Quantitative Analysis of the fundamental data. Then, their Time-Weighted Average Price (TWAP) orders trigger automatically within a very narrow price range over an extended period of time, usually a few months. This makes their activity invisible to those who use Level 2 screens and retail traders looking for huge Volume-Weighted Average Price ranges or “whale” orders. It is a means by which the Dark Pools can acquire millions of shares of stock without disturbing a stock’s volume or price trend, without creating momentum runs, and without front-running from the HFTs. This controlled accumulation on Dark Pool venues creates a huge liquidity draw over time with tight price controls. Once the Dark Pools have acquired all the stock they want at that time, the Pro Traders see the shift via special indicators called Large-Lot versus Small-Lot indicators that are part of the new Hybrid Leading Indicators developed for the current market structure. Professional Traders are Floor Traders, Independent Traders and Companies that provide professional trading for financial services companies. Pros want to nudge the HFTs into running or gapping the stock. When the Pro Traders set up deliberately to trigger the programs of the HFTs, they do not disturb price much either. Their goal is a penny spread and a tight low-risk entry. If the professionals are swinging a large lot of 1 to 5 million, they will divide it into lots that are not going to create a huge spike in volume on a single day. HFTs have 4 primary strategies they use for their automated triggering system. One of those is technical analysis. HFT technical programs generally are searching for high volume with minimal price movement. The algorithms are based on the belief that huge orders can be found where there are huge volume surges. The HFTs identify the pro trader setups and then automatically initiate a flood of orders ahead of the market open. These are the first orders of the day as HFTs are acting as Maker/Takers for the exchanges. The HFTs use small orders that fill the queues, forcing the computers of the market to gap the stock price up before the open to where sell orders are already set by professional traders and HFTs. The Market Opens. The retail groups see the huge gap and run up in the first minute and buy to chase after that run. Meanwhile, as retail orders are filled, professionals and HFTs are providing the sell side of those orders. Based on SEC Midas computer data, most retail traders lose money trading stocks. This study has been ongoing for many years. The reason why retail is not making the profits they could enjoy is the fact that they do not know how to identify the Sweet Spot, the Profit Zone where Professional Traders set up to trigger HFTs. It is all there in your charts. You need more than just reversal or continuation candlestick patterns and an indicator crossover signal. You need to learn more about how the professionals trade stocks. Often pro trader setups are 1-4 days ahead of the big gap or run by HFTs. The Chart below shows an example of these patterns using Relational Technical Analysis. The combination of certain candlestick patterns with Hybrid Leading Indicators identify Dark Pool Accumulation without huge volume surges, and the professional traders set up before the HFT gap up. Professional Footprints in NYSE:TXT using TechniTrader’s Relational Technical Analysis Martha Stokes, CMT https://www.technitrader.courses TechniTrader has been teaching traders and investors a complete process for trading or investing in the stock market and other financial markets since 1998. We have helped over 500,000 traders and investors achieve their financial goals. Our courses provide a complete, comprehensive training program based on a college-style curriculum that uses a tri-level approach to analyzing assets or derivatives to trade. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Mel Ainuu mel@technitrader.com Company Website https://www.technitrader.courses/

September 28, 2023 09:15 AM Eastern Daylight Time

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This Company Is Using AI To Establish Trust In A Digitally Connected World

Benzinga

By Faith Ashmore, Benzinga In today's increasingly digital world, the prevalence of fraud is a growing concern. The rapid advancement of technology and the widespread use of the internet have created new opportunities for unscrupulous individuals to exploit unsuspecting individuals and organizations. With the convenience and anonymity offered by the digital space, scammers can carry out illegal activities from anywhere in the world with greater ease than ever before. From online identity theft to phishing scams, digital fraud has become more sophisticated, making it harder for people to detect and protect themselves. The sheer volume of personal and financial information being shared online also increases the risk of data breaches and unauthorized access. Trust Stamp (NASDAQ: IDAI) is a company looking to revolutionize digital security and increase its penetration. The company is a global provider of AI-powered, privacy-first trust and identity services used across multiple sectors – such as banking and finance, real estate, communications, regulatory compliance and government. Trust Stamp offers a range of innovative services. Their biometric capture and analysis technology enables secure and convenient identity verification, allowing businesses to streamline onboarding processes. By integrating advanced document verification, Trust Stamp helps verify the authenticity of important documents, reducing the risk of fraud. In the face of increasing threats, Trust Stamp also provides cryptocurrency security and compliance solutions. Their expertise in this area assists businesses in safeguarding their digital assets, ensuring compliance with regulatory frameworks and protecting against unauthorized access or misuse. By facilitating accurate and reliable identity verification, Trust Stamp helps build trust between parties engaging in digital transactions, fostering secure interactions in a digital world. Unlike other companies that may enable AI to make complex decisions regarding users' authentication and identification, Trust Stamp has constructed a process that uses ML and various metric and statistical methods to audit the AI system. Their AI is used to extract information needed for identity verification but does not make the final decision, which helps to ensure that all decisions made using their systems are transparent and auditable. While Trust Stamp’s mission is similar to companies like Mitek (NASDAQ: MITK) and Nuance Communications (NASDAQ: NUAN), Trust Stamp has developed a proprietary process for tokenizing identity using an irreversible transformation via a convolutional neural network, creating an identity token known as IT2. The IT2 is generated by these AI processes, and data is removed and destroyed, making the token safe to store and reuse in the future. This process allows Trust Stamp to offer two unique value propositions to its customers: reauthentication and deduplication. Reauthentication enables users to reauthenticate using biometrics with ease, and deduplication allows for deduplication at scale to prevent synthetic identity fraud. Additionally, Trust Stamp is utilizing AI to improve the capture process and enhance users' experience. Its work focuses on using AI and language models to dynamically instruct users on how to take a quality picture, guiding them on the necessary changes to phone position, lighting and head position, among other parameters. This technology not only makes facial matching accessible to those with special needs but also vastly reduces bias in outcomes from AI-powered decision processes. As the digital landscape continues to evolve, Trust Stamp's emphasis on privacy and data protection is aimed at ensuring that users’ personal information is safeguarded at all times. By providing secure and trusted identity services, Trust Stamp positions itself as a crucial ally in the ongoing battle against fraud and identity-related issues, supporting a safer and more secure digital environment for all stakeholders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 28, 2023 09:15 AM Eastern Daylight Time

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Redwoods Rising Marks First Five Years of Healing an Iconic Landscape

Save the Redwoods League

California State Parks, Save the Redwoods League, and the National Park Service today announced the restoration of 3,200 acres of young, previously clear-cut redwood forest in the first five years of Redwoods Rising. The unique public-private collaborative effort with a long-term goal of restoring thousands of acres in Redwood National and State Parks (RNSP) has reforested more than 25 miles of former commercial logging roads; restored more than 3 miles of streams; and created more than 100 restoration and conservation jobs. "Redwood National and State Parks protects some of the world’s most iconic old-growth redwood groves, but past commercial logging left behind vast areas of unnatural and unhealthy younger forest that surround the ancient trees,” said Ben Blom, director of stewardship and restoration for Save the Redwoods League. “Together with our Redwoods Rising partners, we are healing this landscape and forging an ambitious path to recovery. We’ve made incredible progress in the first five years, restoring 3,200 acres of forest. In the process, we’re building a restoration economy and training future leaders in restoration.” Accomplishments: The First Five Years 3,200 acres of forest restoration work 57 miles of restoration activities to address old, failing logging roads 25 miles of roads removed and reforested 32 miles of road improvements More than 50 stream crossings repaired, removed, or replaced 3 miles of streams restored 100+ jobs provided annually 43,280 acres are implementation-ready. Achieved compliance under the National Environmental Policy Act (NEPA) and California Environmental Quality Act (CEQA). Representatives from California State Parks, Save the Redwoods League, and the National Park Service; Assemblymember Jim Wood; Rosie Clayburn, tribal heritage preservation officer for the Yurok Tribe; and representatives from Cal Poly Humboldt and eight state agencies and nonprofits gathered on Sept. 21, 2023, at the Wolf Creek Education Center in Prairie Creek Redwoods State Park. Together, they marked the Redwoods Rising project’s five-year milestone, presented the restoration accomplishments and toured one of the restoration sites. Healing an Iconic Landscape RNSP is a UNESCO World Heritage Site, renowned for safeguarding the tallest trees in the world and 45% of the world’s remaining protected old-growth coast redwoods. Between the old-growth groves are young, degraded second-growth forests resulting from commercial logging before RNSP's protections. Past commercial logging not only hauled away large, old trees, but it also left behind heavily damaged forests and watersheds. California State Parks, Save the Redwoods League, and the National Park Service launched Redwoods Rising in 2018 to restore the young forests and watersheds that surround the old-growth stands. Redwoods Rising is initiating landscape-scale healing, increasing climate and wildfire resilience in these forests. “This five-year anniversary marks the audacity of optimism that is Redwoods Rising,” stated Steve Mietz, Redwood National and State Park superintendent. “Facing the seemingly insurmountable challenges of climate change, wildfires and tens of thousands of acres of unhealthy, second-growth redwood forests, parks staff and partners pulled together to form a public-private partnership that has engaged this monumental effort with grit and determination to achieve goals that could never be accomplished alone.” About Redwoods Rising Redwoods Rising is a large-scale forest restoration project in Redwood National and State Parks to put more than 70,000 acres of previously logged areas of the parks back on track to become the ancient redwood forests of the future. Redwoods Rising will reconnect remaining stands of old-growth redwoods that are scattered throughout the parks and restore previously logged areas at a scale and pace that would otherwise not be possible. This is a massive, ambitious, long-term project that is expected to take decades to complete. “Redwoods Rising will have far-reaching benefits that extend well beyond the forest and into our local communities,” stated Victor Bjelajac, California State Parks North Coast Redwoods District superintendent. “This restoration work is driving the creation of new jobs and training new generations of conservationists that will benefit the surrounding communities for decades to come.” Redwoods Rising is made possible by tremendous investments from state and federal public agencies. We are grateful to have received generous public funding from the California Wildlife Conservation Board, California Department of Forestry and Fire Protection’s Forest Health Program, California State Coastal Conservancy, the National Park Service and California State Parks. We also are thankful for support from philanthropic leaders S. D. Bechtel Jr., Foundation, the Cotyledon Fund, Oracle, the Elizabeth R. and William J. Patterson Foundation and Save the Redwoods League Board Member John Scharffenberger, who made generous gifts and grants to the League in support of its partnership with the National Park Service and California State Parks. *** Readers can learn more about Redwoods Rising and support the restoration work at RedwoodsRising.org. To schedule an interview, contact Robin Carr at 415-766-0927 or redwoods@landispr.com. To access hi-res images or b-roll of Redwood National and State Parks, see the newsroom on the Save the Redwoods League website. REDWOODS RISING PARTNERS Save the Redwoods League, one of the nation’s longest-running conservation organizations, has been protecting and restoring redwood forests since 1918. The League has connected generations of visitors with the beauty and serenity of the redwood forests. Our 400,000 supporters have enabled the League to protect more than 220,000 acres of irreplaceable forests in 66 state, national, and local parks and reserves. Learn more at SaveTheRedwoods.org. National Park Service (NPS) preserves unimpaired the natural and cultural resources and values of the national park system for the enjoyment, education and inspiration of this and future generations. The NPS cooperates with partners to extend the benefits of natural and cultural resource conservation and outdoor recreation throughout this country and the world. Learn more at www.nps.gov. California State Parks and the recreational programs supported by its divisions of Boating and Waterways, Historic Preservation and Off-Highway Motor Vehicle Recreation provide the opportunity for families, friends and communities to connect. Off-highway motor vehicle recreation, boating activities, horseback riding, cycling, hiking, camping, rock climbing, tours, hikes, school group enrichment and special events are just some of the activities enjoyed in 280 park units organized into 21 field districts throughout the state. Learn more at www.parks.ca.gov. Contact Details Landis Communications Robin Carr +1 415-766-0927 redwoods@landispr.com Company Website https://www.savetheredwoods.org/

September 28, 2023 06:00 AM Pacific Daylight Time

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Evite Ventures Into Lifestyle Brand Partnerships, Collaborates With Laura Ashley and Poketo

Evite

Evite, the world’s leading digital invitation platform, today announced its inaugural lifestyle brand collaborations with Laura Ashley, one of the world's best-loved home and lifestyle brands, and Poketo, a stationary and home goods brand from Pattern Brands. These partnerships introduce Evite customers to premium invitation and greeting card designs that incorporate the unique styles of each brand. “We’re always looking to join forces with iconic designers and lifestyle brands to expand our offerings and cater to customers with unique tastes and preferences, which is clear by the numerous successful collaborations we’ve initiated this year,” said David Yeom, CEO of Evite. “These collections are carefully crafted to resonate with young adult consumers who are increasingly embracing digital invitations while maintaining a desire for sophistication and elegance in their chosen designs.” Laura Ashley is an iconic heritage brand celebrating its 70th anniversary this year. The brand boasts an extensive archive of charming prints and patterns that are reflected in its collection with Evite. The signature Laura Ashley romantic floral designs and English country-inspired aesthetic are experiencing a resurgence of interest among Gen-Z and Millennial women as the cottage-core trend gains popularity. “Laura Ashley designs pair perfectly with special occasions, from dinner parties and birthdays to baby showers and wedding parties,” said Carolyn D’Angelo, Senior Managing Director, Gordon Brothers Brands and President of Laura Ashley Global. "Our partnership with Evite has a natural synergy that allows us the opportunity to lend our distinct designs to new customers while elevating some of life’s most memorable moments." Poketo infuses creativity and modern artistry into everyday life through its signature pattern work, which is adored across stationary, accessories, apparel and houseware. Its contemporary, colorful and cheerful designs complement birthday celebrations and dinner parties, adding a touch of liveliness to both occasions. “Much like Evite, we aim to incorporate art and joy into the everyday lives of our customers,” said Suze Dowling, Chief Business Officer and Co-Founder of Pattern Brands, the parent company of Poketo. “We achieve this through the use of bold, vibrant colors and playful shapes and patterns that seamlessly integrate into experiences, and we’re excited to have our designs included in helping people celebrate special occasions.” In response to customer requests for more branded invitation options, Evite has launched collaborative collections in the past year with various partners, including Disney, Minecraft, Lisa Frank, Sesame Street, CoComelon and Blippi. While the recognizable characters and patterns from each partner appear in their collections and are among the most popular on Evite’s platform, Laura Ashley and Poketo mark the company’s first lifestyle brand partnerships, with plans to add more in the future. To learn more about Evite’s branded designs, please visit www.evite.com. About Evite Evite is the world's leading digital invitation platform focused on bringing people together face-to-face. With thousands of free and premium customizable designs which can be sent by email or text message, Evite makes celebrating face-to-face easier and more memorable for its 120+ million annual users. Launched in 1998, the company has sent nearly three billion invitations over its history and drives billions of dollars in party-related purchases. Evite is headquartered in Glendale. Visit www.evite.com to start planning, get inspired or download the Evite app. About Laura Ashley Established in London in 1953, Laura Ashley is one of the world’s best-loved fashion and home furnishings brands. Currently, Laura Ashley offers a complete range of lifestyle products, including home furnishings and accessories, women’s sleepwear and accessories, children's apparel, and hospitality experiences. Gordon Brothers, the global advisory and investment firm, acquired the global Laura Ashley brand, archives and related intellectual property in 2020. For additional information, visit www.laura ashley usa.com. About Pattern Brands Headquartered in New York City, Pattern Brands is a family of brands with the shared mission of enjoying daily life. Since its launch in 2019, Pattern Brands has developed and brought to market two thoughtfully-made and design-forward home-centric brands: Open Spaces and Equal Parts, and it has acquired GIR, Letterfolk, Poketo, YIELD, Onsen and Miracle. The team behind Pattern Brands formerly founded Gin Lane, a brand agency that built dozens of direct-to-consumer brands and digital experiences across industries for over a decade. To learn more, follow Pattern Brands on TikTok, Instagram and Twitter, or visit patternbrands.com. About Gordon Brothers Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors, and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four service areas: valuations, dispositions, operations, and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to put assets to their highest and best use. Gordon Brothers conducts more than $70 billion worth of dispositions and appraisals annually. Gordon Brothers is headquartered in Boston, with over 30 offices across five continents. Contact Details Erin Pugh evite@n6a.com Company Website https://www.evite.com/

September 28, 2023 09:00 AM Eastern Daylight Time

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Matson Money Launches The American Dream 401(k) to Help Empower Employees to Invest for Retirement by Discovering their True Purpose for Money®

Matson Money

Matson Money, a federally Registered Investment Advisor (RIA) with the Securities Exchange Commission founded in 1991 by Mark Matson, has launched The American Dream 401(k), an offering designed for businesses and entrepreneurs to take on and implement a 401(k) solution that can place them in the driver's seat for how they want to help empower their employees to save for retirement and to pursue their American Dream by discovering their True Purpose for Money. The American Dream 401(k) is guided by two primary principles inherent at Matson Money: First, educating investors to help them understand what they are doing with their money and why. It begins with helping empower investors to discover their True Purpose for Money. Through education, investors saving for retirement can be empowered to stay prudent and disciplined to help build wealth and avoid speculating and gambling with their hard-earned money. Second, applying the science of investing to their 401(k) through the Matson Method. The Matson Method was built on more than 30 years of experience backed by Nobel Prize-winning investing principles, empirically tested academic research, and the study of human behavioral science and performance. These concepts are combined to create a systematic way of investing. “Investors’ financial future is guided by how they pursue their individual American Dream, which allows them to shape their own destiny and decisions to enjoy the legacy they envision in their retirement,” said Mark Matson, Founder and Chief Executive Officer of Matson Money. “The investment approach we take has always been rooted in empirically tested academic investing principles with real-life impact. Now, for the first time, we are providing access to a retirement plan that is built on investors’ true purpose and a time-tested approach to investment.” For sponsors, The American Dream 401(k) can enable business owners and entrepreneurs to help empower their employees to invest for retirement with mixes based on empirically tested academic principles and a philosophy grounded in the power of the American Dream and living a life on purpose. A potential key benefit to investors is gaining access to individualized investor training and development. Investing is a lifelong journey, and just like top athletes, successful investors need the right coach and training. Through Matson Money’s strategic alignment with Ascensus, participants of The American Dream 401(k) can receive both, helping them to stay disciplined and prudent, no matter the market climate. Matson Money is committed to world-class training and development that can generate and deliver created futures for advisors and their clients. Training and developing advisors on how to support clients in transforming their relationship with money, including both the mathematical and the human dimensions of wealth creation, can ignite a powerful exploration of their financial future. Matson Money works with more than 500 advisors across the U.S., Canada, and Puerto Rico. Its flagship investor education event, The American Dream Experience, has been attended by over 4,200 families since its inception in 2017. As of September 5, 2023, Matson Money’s assets under management were $9.7 billion. About Matson Money Matson Money is an asset management and advisor coaching firm that provides outsourced investment management, education, and tools to over 500 advisors across the U.S. The firm, which has US$9.5 billion in assets under management (as of 08/23/2023) adheres to a highly disciplined, structured investing methodology integrating Nobel Prize-winning academic investing principles, leading behavioral science, and financial coaching to help investors discover peace of mind around their money while pursuing their life’s purpose. Since Matson Money’s inception in 1991, the firm has helped advisors and their clients rethink investing and transform their relationships with money. Matson Money leads educational events for advisors and their clients called The American Dream Experience, where investors can encounter clear, potentially life-altering truths about economics and investing and engage in a profound exploration of their family's financial future. The firm has offices in Scottsdale, Arizona, and Mason, Ohio. Learn more at www.matsonmoney.com. This content is based on the views of Matson Money, Inc. This content is not to be considered investment advice and is not to be relied upon as the basis for entering into any transaction or advisory relationship or making any investment decision. This content includes the opinions, beliefs, or viewpoints of Matson Money. All of Matson Money’s advisory services are marketed almost exclusively by either Solicitors or Co-Advisors. Both Co-Advisors and Solicitors are independent contractors, not employees or agents of Matson. Other financial organizations may analyze investments and take a different approach to investing than that of Matson Money. All investing involves risks and costs. No investment strategy (including asset allocation and diversification strategies) can ensure peace of mind, guarantee profit, or protect against loss. Contact Details Angelina Greer Media@MatsonMoney.com Company Website https://www.matsonmoney.com/

September 28, 2023 09:00 AM Eastern Daylight Time

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