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Austin Gold Completes Inaugural Diamond Drilling Campaign At Its Stockade Mountain Project

Benzinga

By Austin DeNoce, Benzinga Austin Gold Corp. (AMEX: AUST) is a dedicated gold exploration and discovery company. Combining the savvy of serial company builders with the insight of serial mine finders, Austin Gold is on a mission to generate value through targeted exploration initiatives. Its projects are Kelly Creek in Humboldt County, Nevada; Lone Mountain in Elko County, Nevada; and Stockade Mountain in Malheur County, Oregon. At the heart of the company’s operational philosophy is the Lassonde Curve, a pivotal concept in the junior mining sector introduced by Pierre Lassonde, co-founder of the pioneering gold royalty company Franco-Nevada. This model outlines the lifecycle stages of mining companies, from exploration to production, while underscoring the potential for value creation and the risks at each juncture. In a recent update, the company shared that its Stockade Mountain project – which Austin Gold has been exploring for its promising gold and silver potential – had now witnessed its inaugural diamond drilling campaign, marking a key milestone for the company. The Stockade Mountain Project In May 2022, Austin Gold expanded its exploration frontier with the Stockade Mountain Project in Malheur County, Oregon, securing a mineral lease agreement that underscores the area’s promising potential for significant gold and silver mineralization. Positioned strategically about 50 miles southeast of Burns, Oregon, and 90 miles southwest of Boise, Idaho, Stockade Mountain is accessible and supported by the necessary infrastructure and workforce, thanks to nearby communities. The project covers a vast area of over 6,790 acres through 261 unpatented mining claims. Geologically, the area is indicative of a large low-sulfidation hydrothermal system, hinting at economic gold and silver veins at depth. Despite previous explorations in the 1980s and 1990s by other companies, Austin Gold reports that the project’s full potential remains untapped, and the company plans to explore for deeper high-grade vein deposits beneath the known mineralization zones. Recent Update To Drilling Program In a significant step forward, Austin Gold completed its inaugural diamond drilling campaign at the Stockade Mountain Project, with three exploration holes drilled over the winter season. This initial phase, totaling more than 2,400 feet, culminated with a third hole reaching a depth of 736.7 feet. These efforts mark the commencement of a deeper exploration into the geological formations and mineralization patterns of Stockade Mountain. The company says the initial two holes confirmed that the mineralizing system at Stockade Mountain is robust and contains significant gold grades, with the strongest intercept of 8.19 grams per ton of gold over 4 feet and several other gold intercepts of interest. The third hole, which contained a high gold value of 9.32 grams per ton of gold from a 2.7 foot interval, continues to demonstrate the strength of the hydrothermal system and the potential for significant gold mineralization within the project area. Austin Gold plans to follow up these encouraging results with a reverse circulation drilling program, aiming to unearth the high-grade vein deposits that may lie beneath the previously identified lower-grade mineralization. As the company continues to explore gold targets across southwestern United States, the Stockade Mountain Project appears to be a testament to its strategic exploration pursuits and its potential to contribute to the junior mining industry. A Forward-Looking Venture Austin Gold’s exploration activities at Stockade Mountain are directly focused on unearthing gold, but they also represent a strategic foray into realizing the untapped potential of Oregon’s mineral-rich landscapes. By leveraging the guiding principles of the Lassonde Curve and employing cutting-edge exploration techniques, Austin Gold seems well-positioned to make significant strides in the mining sector. As the company plans for future exploration, the Stockade Mountain Project holds significant potential for gold and silver discoveries, paving the way for new opportunities and growth within the junior mining industry. Featured photo by Peter Olexa on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 23, 2024 08:45 AM Eastern Daylight Time

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There’s A New Rule Providing Margin Relief For Your Index Options Trading

Benzinga

By Cboe Margin relief has become a topic of increasing interest among traders using cash-settled index options. If you aren’t familiar with this topic, that might sound overwhelming. This article will help clarify what margin relief is, its applications and the recent developments that have broadened its appeal to traders. What Is Margin Relief And How Is It Used? Margin relief is an exchange rule that lets traders use less money to maintain their trading positions, which increases their capital efficiency. Essentially, it involves a trader who owns a particular ETF selling a call option with the same underlying index. This is similar to "covered call writing" used in stock trading but is specifically designed for use with ETFs and index options. In simpler terms, margin relief allows traders to do more with less money by leveraging connections between certain ETFs and options. A classic example of margin relief in action involves a trader who holds a long position in an ETF like the SPDR S&P 500 ETF Trust (NYSE: SPY). By selling a related call option, such as an XSP call option, the trader can use less money to keep their holding thanks to the margin relief. This benefit depends on the value of the ETF meeting certain conditions set by different brokerage firms, but if everything aligns, the trader can operate more freely without needing to lock up as much money. New Margin Treatment For Cash-Settled Index Options Recently, Cboe Global Markets (Cboe: CBOE) introduced a new rule that extends margin relief to writing cash-settled index options against ETFs based on the corresponding index. This rule makes it possible for traders to use index options similar to traditional covered call writing but with added benefits such as potential tax efficiencies, cash settlement and European-style exercise. For instance, under this new rule, a trader could overwrite their position in the iShares Core S&P 500 ETF (NYSE: IVV) with a Mini S&P 500 Index option (CBOE: XSP) to benefit from reduced capital requirements and greater trading flexibility. This change aims to make index options more attractive compared to other instruments like ETF options. Funds And Index Options Covered By The New Rule Under the new margin relief rule, several index options are eligible when paired correctly with ETFs or mutual funds. Here is a list of the funds and the corresponding index options: Cboe Mini-SPX Index Options (XSP) Cboe S&P 500 Index Options (SPX) Cboe Mini-Russell 2000 Index Options (MRUT) Cboe Russell 2000 Index Options (RUT) Cboe MSCI EAFE Index Options (MXEA) Cboe MSCI Emerging Markets Index Options (MXEF) Cboe MSCI ACWI Index Options (MXACW) Cboe MSCI World Index Options (MXWLD) Cboe MSCI USA Index Options (MXUSA) Dow Jones Industrial Average Index Options (DJX) S&P 500 ESG Index Options (SPESG) These options can be used in margin accounts to overwrite long positions in non-leveraged index mutual funds or ETFs based on the same index, thereby qualifying for margin relief. Expanding Horizons In Index Options Trading The introduction of enhanced margin treatment for cash-settled index options by Cboe Global Markets marks a significant advancement in the flexibility and efficiency of trading strategies. This change not only allows traders to manage their portfolios more effectively but also promotes a greater understanding and utilization of financial instruments that cater to different trading needs. As the market evolves, the benefits of regulatory adjustments like this will likely continue to influence the strategies employed by investors looking to maximize their capital efficiency and minimize costs. However, it is essential for traders to consult with brokerage firms and ensure compliance with all applicable regulations and requirements before employing these strategies. Featured photo by Chris Liverani on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 23, 2024 08:30 AM Eastern Daylight Time

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14Peaks closes inaugural $30M fund to power software startups in fintech and future of work space

14Peaks Capital

Venture capital firm 14Peaks Capital has successfully closed its first fund at $30 million in capital commitments from an impressive consortium of limited partners (LPs), consisting of influential High Net Worth Individuals (HNIWs) and family offices spanning Europe and the United States. Established in 2022 by Edoardo Ermotti, the fund’s solo General Partner (GP), 14Peaks invests at the earliest stages (from pre-seed to series A) in B2B SaaS companies, with a specific interest in Fintech and the Future of Work. The team is already investing out of its first fund and has 11 companies in its portfolio to date. These include US-based HR/Payment platform Rain (who last year raised $66M in a Series A round), finance and accounting platform FlowFi (who recently announced its $9 million seed round) and Switzerland-based data collaboration company Tune Insight among others. At a time when AI continues to drive rapid change in the B2B landscape, sparking first-mover competition between established and new founders to bring the power of this new technology to business operations, 14Peaks is laser-focused on investing in proprietary technology that has the potential to build strong defensible moats. Against this backdrop, 14Peaks’ focus across Fintech and the Future of Work is expansive, ranging from data collaboration and workflow automation, to payment software and fraud detection. Most venture funds set out to raise capital from as many LPs as possible. When fundraising, Edoardo Ermotti took a unique approach. Before founding 14Peaks, he began investing as a business angel in 2019. To date, he has supported over 25 companies and has selectively invested in funds as a limited partner. Concurrently, he gained experience at a mid-market private equity firm in London. Subsequently, he transitioned to a family office, initially based in Switzerland and later in the US, where he spearheaded the development and leadership of the early-stage investment division. Over the years, he regularly co-invested alongside HNWIs and Family Offices who all shared the same view: they were progressively less interested in allocating their capital to funds with hundreds of Limited Partners (LPs). Funds with larger LP bases tend to have limited transparency into fund activities, fewer co-investment rights, and a generally passive approach to their relationship with the smaller LPs. Edoardo Ermotti wanted to create a closer, stronger relationship between GPs, LPs, and founders by raising from an intimate circle of highly-vetted, seasoned executives and entrepreneurs who could take a more active role in supporting portfolio founders, exchanging ideas, and co-investing with people they trust. “When I started 14Peaks Capital, I wanted to shake things up in how GPs and LPs work together. I've been on the LP side before, spoke to many GPs, and knew there was room for a different approach,” said Edoardo Ermotti, founder of 14Peaks Capital. “Each of the investors supporting 14Peaks is globally successful in their own right, giving our portfolio founders access, through us, to this curated hub of extensive experience and networks.” In addition to access to its all-star assembly of LPs, 14Peaks works closely with its portfolio companies to accelerate traction through targeted go-to-market strategies, recruitment, and general company building efforts With a base in Europe and a vast network in the US, the fund also helps companies expand beyond their domestic markets – whether venturing overseas from the EU to US or across Europe. “14Peaks has been an incredibly supportive investor. Ever since we met them, the team has rolled up their sleeves and been very hands-on and proactive in transforming us into an organisation that can truly scale in an emerging market,” said Han Sahin, the co-founder of a Netherlands-based cybersecurity company, Threatfabric, that 14Peaks invested in last year. The goal with portfolio support, similar to Edoardo Ermotti’s approach to fundraising, is close collaboration: the fund only invests in companies where there is a clear pathway for their engagement to generate additional value. This, Edoardo Ermotti says, is the best way to align interests with founders and together build next-generation companies. “We’re looking forward to diving back in and supporting our founders as they chase their visions. In the past year, we've already seen positive changes in our portfolio companies, and we're confident we can do even more as we expand our platform. Our hands-on approach and the power of our extensive network, fuelled by our tight GP-LP interactions, make us believe we'll keep making a real impact for our founders in the years to come," adds Edoardo Ermotti. 14Peaks’ portfolio founders are so far seeing the results of this new paradigm of GP and LP interactions and the network effects of this close circle. Alex Bradford, the founder of Rain, a HR platform 14Peaks invested last year, said: “14Peaks has been a fantastic partner and instrumental to our growth, plugging us into highly-valuable investor networks and boosting our go-to-market by sitting down and helping us craft business development strategies.” 14Peaks Capital AG has a team in Switzerland. Plans are underway for team expansion in the United States later this year, with strategic hires focused on enhancing market coverage. The collective team brings forth deep experience in investing and supporting founders across various stages and verticals in Europe and the US, with a primary emphasis on B2B SaaS and Fintech. Looking ahead, 14Peaks aims to expand its portfolio to a total of 25 companies out of its first fund over the coming years. In the meantime, Edoardo Ermotti and the team’s top priority is maintaining a concentrated focus on demonstrating the efficacy of their unique model, not only to their LPs, but, crucially, to their founders. About 14Peaks Capital Founded in 2022, 14Peaks Capital is an early-stage venture fund headed by solo General Partner, Edoardo Ermotti. Out of its inaugural $30 million fund, 14Peaks invests in B2B SaaS companies who are building primarily within the Fintech and Future of Work verticals. Backed by an all-star assembly of High Net Worth Individuals and Family Offices across Europe and the US, 14Peaks offers extensive operational expertise to support the funds’ portfolio companies from seed to exit to build generation-defining companies. Learn more here: https://www.14peaks.capital/ Contact Details 14Peaks Capital Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.14peaks.capital/

April 23, 2024 08:00 AM Eastern Daylight Time

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Wolfram and Classiq Integrate Advanced Quantum Software Tools into Mathematica

Classiq Technologies

In a landmark collaboration, Classiq, a leader in quantum computing software, and Wolfram Research, the leading computational software provider, announce a software partnership. This collaboration integrates Classiq’s cutting-edge engine within Wolfram Mathematica, offering a unified solution for the development of quantum and classical algorithms. This integration is targeted at enabling users to leverage the robust capabilities of Wolfram Mathematica for algorithm development and utilize Classiq’s Quantum Model (QMOD) language for quantum algorithm development—all within a single, cohesive environment. This blend of technologies empowers users to define, visualize and optimize quantum algorithms with unprecedented ease and efficiency. Key features of this collaboration are the facilitation of Classiq’s quantum algorithm compilation tailored to specific quantum hardware and ability to intricately develop quantum circuits from a high-level overview down to detailed gate operations. The integration further allows for the execution of these quantum circuits across a diverse array of backends and simulators, directly within the Mathematica notebook. This integration supports researchers by enhancing analytical capabilities, enabling continuous exploration and data assessment. As an example of the potential of this collaboration, the Quantum Differential Equations solver exemplifies how users will be able to tackle complex challenges by defining and executing quantum algorithms like the Harrow–Hassidim–Lloyd (HHL) algorithm and Quantum Singular Value Transformation (QSVT) for matrix inversion, directly from the Mathematica interface. This application highlights the power of combining classical computational methods with quantum processing to solve complex computational problems more efficiently. “The partnership between Classiq Technologies and Wolfram Research reflects a shared commitment to advancing computational excellence,” said Nir Minerbi, CEO of Classiq. “This collaboration not only enhances the toolset available for researchers and developers, we hope to see it pave the way for groundbreaking applications across various scientific and engineering disciplines.” "In the pursuit of applying quantum technologies to address real-world challenges, robust collaboration among industry leaders is paramount. We are delighted to unveil our strategic partnership with Classiq," remarked Mads Bahrami, quantum projects manager at Wolfram. "This partnership underscores the dedication of both entities towards crafting toolsets that empower governments, industries, and academia to tackle complex problems through quantum-classical algorithms." The companies invite those seeking to combine the best of quantum and classical computation to reach out and explore the possibilities this computation integration brings. About Wolfram Founded by Stephen Wolfram in 1987, Wolfram Research is one of the world's most respected computer, web and cloud software companies - as well as a powerhouse of scientific and technical innovation. As a pioneer in computation and computational knowledge, Wolfram has pursued a long-term vision to develop the science, technology and tools to make computation an ever-more-potent force in today's and tomorrow's world. As the creators of Mathematica, Wolfram|Alpha, the Wolfram Language, and Wolfram Quantum Framework, Wolfram is the leader in developing technology and tools that inject sophisticated computation and knowledge into everything. Wolfram's strategy as an organization is to maintain a portfolio of development, from continually strengthening core algorithms and the Wolfram Knowledgebase, to supporting the latest computing and deployment architectures, to developing major new concepts and capabilities - and consistently delivering the results in the form of products, services and experimental initiatives that make breakthrough technology accessible to the broadest possible spectrum of people and organizations. Learn more at: https://wolfr.am/QuantumConsulting https://www.wolfram.com/quantum-computation-framework/ Follow Wolfram on LinkedIn, X, and YouTube. Contact Wolfram quantum team: quantum@wolfram.com Contact Wolfram PR team: outreach@wolfram.com About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing platform (IDE, compiler and OS) with a single point of entry into quantum computing, taking you from algorithm design to execution. The high-level descriptive quantum software development environment, tailored to all levels of developer proficiency, automates quantum programming. This ensures that a broad range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of quantum physics. Classiq democratizes access to quantum computing and equips its users to take full advantage of the quantum computing revolution, including access to a broad range of quantum hardware. Classiq's core technology - algorithmic quantum circuit compilation - is engineered to power the quantum ecosystem of today and the future. Classiq works closely with quantum cloud providers and advanced computation hardware developers providing software for use with quantum computers, HPC and quantum simulators. Backed by investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq's world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking quantum engine. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, and visit the Slack community and website, www.classiq.io to learn more. Contact Details Rainier Communications Michelle McMahon +1 781-718-3248 classiqPR@rainierco.com Company Website http://www.classiq.io/

April 23, 2024 08:00 AM Eastern Daylight Time

CleanCloud Revolutionizes Online Presence for Laundromats and Dry Cleaners with a Powerful, User-Friendly Website Builder

CleanCloud

CleanCloud, the leading software provider for laundromats and dry cleaners, is thrilled to announce the launch of its groundbreaking website builder, designed exclusively for CleanCloud customers. This innovative tool empowers laundromat and dry cleaning businesses worldwide to effortlessly create and enhance their online presence, positioning them for success in the digital era. CleanCloud's new website builder, available for free to all CleanCloud customers, is a game-changer in the industry. It offers a simple, drag-and-drop content management system (CMS) tailored specifically for laundromats and dry cleaners. With this tool, even those with limited technical skills can build functional and visually appealing websites. Key Features of CleanCloud's Website Builder: User-Friendly Interface: CleanCloud's intuitive drag-and-drop interface makes website creation a breeze. Users can choose from a range of pre-set templates and effortlessly edit text and images to suit their unique brand and style. Advanced Customization: For more tech-savvy users, the website builder allows for the addition of custom code, enabling the creation of highly personalized, fully customized websites. AI-Powered Image Creation: CleanCloud's website builder includes an AI image generator, enabling you to effortlessly create unique visuals that represent your brand. This innovative feature eliminates the need for costly photography or generic stock images, making your website both distinctive and cost-effective. SEO Enhancement: Boosting search engine rankings has never been easier. CleanCloud's builder facilitates the inclusion of relevant keywords, descriptions, and meta-tags, while all websites built with it receive at least one valuable backlink from CleanCloud. Showcasing Google Reviews: Businesses can seamlessly display Google reviews and ratings on their websites, helping to build trust and credibility with potential customers. Analytics and Ad Tracking: Easily add Google and Facebook tracking in order to accurately monitor and analyze web traffic and advertising spend effectiveness. Co-Founder and CTO of CleanCloud, David Griffith-Jones, shared his thoughts on this exciting development: "We're always looking for opportunities to help our customers grow, and having a fast, beautiful and effective website is an important part of this. We know that many have struggled with getting a website up and running, whether that's because of the cost of the build, lack of time, or the need for technical expertise. With our new website builder, we've made it easier than ever for every laundromat or dry cleaner owner to have their own website. Anyone with access to a computer can build a basic site that will attract more customers and ultimately grow their business." CleanCloud's website builder represents a significant leap forward in terms of sophistication and user-friendliness compared to alternative website builders in the industry. This powerful tool allows CleanCloud customers to enjoy all the advantages of larger CMS offerings without the associated costs, reinforcing CleanCloud's commitment to helping laundromat and dry cleaning business owners stay ahead in an ever-evolving industry. About CleanCloud: CleanCloud is the leading point of sale software provider dedicated to revolutionizing the laundromat and dry cleaning industry through innovative technology solutions. With a commitment to helping businesses thrive in the digital age, CleanCloud offers a comprehensive suite of tools and services designed to streamline operations, enhance customer experiences and grow revenues. Contact Details Leanne Patterson leanne@cleancloud.com

April 23, 2024 05:54 AM Eastern Daylight Time

HTX Liquid Restaking Airdrops Millions of MERL Tokens - More Rewards on the Horizon

HTX

HTX's innovative Liquid Restaking event is firing on all cylinders, with the distribution of millions of MERL tokens from the first project reward pool – Merlin Chain (MERL). This MERL airdrop is exclusive to the LRS-BTC holders in the event, specifically 50% of participants' LRS-BTC points are redeemed as MERL tokens, with the remaining portion to be distributed in BounceBit tokens. As of press, the initial 50% of MERL tokens users earned from the event were fully airdropped to winners' Spot accounts on April 22. Get ready for upcoming airdrops from exciting projects like BounceBit, EigenLayer, Puffer, and more by joining Liquid Restaking now! HTX will be adding even more airdrop rewards soon to Liquid Restaking, so early participants can maximize their gains. HTX Follows Same On-chain Distribution Rules for MERL Rewards with Initial 50% Airdrop in April Who gets rewards from this airdrop? Anyone who participated in HTX Liquid Restaking and earned LRS-BTC points between February 29 and April 14, 16:00 (UTC) qualifies for the airdrop. Vesting Rules and Redemption Ratio Rules of HTX's MERL airdrop are subject to Merlin Chain airdrop rules: Investors who stake BTC in the Merlin Chain restaking will receive the project points daily by April 14, 2024, which can be redeemed for MERL tokens. The airdropped tokens will be unlocked in batches: 50% in the first month, 25% in the second month, and then unlocking will be completed over six months with 12.5%/6.25%/3.125%/3.125% distribution. Redemption Ratio at HTX Liquid Restaking: 3.5089 LRS-BTC = 1 MERL (Rewards from 1 BTC staked per day ≈ 142.5 MERL). Individual Airdrop: MERL to be airdropped to an eligible HTX user = User's LRS-BTC points received during the event by April 14 * 0.5 / Redemption ratio. Simpler Participation in HTX Liquid Restaking with Same High Rewards as On-chain Restaking Currently, the airdrop rewards through HTX Liquid Restaking closely mirror on-chain rewards. For example, enabling 2 BTC for HTX Liquid Restaking is like staking 1 BTC in Merlin Chain and 1 BTC in BounceBit. With a 1,000-point-per-day distribution, you'd get 500 points from Merlin Chain (with 1 BTC) daily, translating to roughly 142.5 MERL tokens a day. For on-chain restaking, 1 BTC yields around 142.8 MERL tokens per day. The two restaking methods result in similar APRs: 88.02% and 88.24%, respectively. Please note the timing of future reward redemption will depend on the on-chain project's initial airdrop schedule. According to HTX's official announcement, to facilitate users' future reward claims, LRS points will be upgraded to corresponding project points, and redemption will be supported on the event page. HTX to Unmask Additional Airdrops at Liquid Restaking: Greater Airdrops for Earlier Participation HTX stands out as the first exchange to offer users barrier-free access to on-chain restaking. This innovative event, featuring high returns, free claims, and more flexibility, offers an over $1 billion quota and increasing rewards for participants to win big. More excitingly, you can choose to join a team to get a boost on your rewards. Simply register for HTX Liquid Restaking with your Spot and Futures account balances snapshotted to earn rewards, including: ● EigenLayer's initial airdrop (A trending Ethereum restaking project with TVL of over $14.7 billion) ● Puffer's initial airdrop (A trending Ethereum restaking project with TVL of over $1.3 billion) ● Merlin Chain's initial airdrop (A Bitcoin Layer 2 solution with TVL of over $3.2 billion) ● BounceBit's initial airdrop (A Bitcoin staking chain with TVL of over $1 billion) ● Crypto rewards, such as ETH, USDT, HTX, and TRX HTX Liquid Restaking is still ongoing! Join now to grab your share of airdrops from popular projects, such as BounceBit, EigenLayer, and Puffer, and get ready for even more exciting additions in the future. An early participant can pocket higher rewards. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 23, 2024 04:45 AM Eastern Daylight Time

SIGMA Launches Interchangeable Lenses for Canon RF Mount System

SIGMA CORPORATION OF AMERICA

SIGMA Corporation (CEO: Kazuto Yamaki) is pleased to announce the upcoming launch of interchangeable lenses for Canon RF Mount system. This addition allows users to enjoy high performance, and high quality SIGMA lenses in native mount on their Canon RF Mount system. [Lineup] For detailed product information, please refer to the link below. < Launch in July, 2024 > SIGMA 18-50mm F2.8 DC DN | Contemporary Petal Type Lens Hood (LH582-02) supplied Product information： https://www.sigma-global.com/en/lenses/c021_18_50_28/ < Launch in fall of 2024 and onwards > SIGMA 10-18mm F2.8 DC DN | Contemporary Push-on Petal Type Lens Hood (LH706-02) supplied Product information： https://www.sigma-global.com/en/lenses/c023_10_18_28/ SIGMA 16mm F1.4 DC DN | Contemporary Petal Type Lens Hood (LH716-01) supplied Product information： https://www.sigma-global.com/en/lenses/c017_16_14/ SIGMA 23mm F1.4 DC DN | Contemporary Petal Type Lens Hood (LH554-01) supplied Product information： https://www.sigma-global.com/en/lenses/c023_23_14/ SIGMA 30mm F1.4 DC DN | Contemporary Lens Hood (LH586-01) supplied Product information： https://www.sigma-global.com/en/lenses/c016_30_14/ SIGMA 56mm F1.4 DC DN | Contemporary Lens Hood (LH582-01) supplied Product information： https://www.sigma-global.com/en/lenses/c018_56_14/ * These products are developed, manufactured and sold under license from Canon Inc. [Main specifications and features] Control algorithm including AF drive and communication speed optimization has been developed specifically for Canon RF Mount interchangeable lenses. In addition to realizing high-speed AF, the lens also supports AF-C (Continuous AF), in-camera aberration correction* and in-camera image stabilization. The mount is rubber-sealed to cater for use in a variety of environments. * Available on supported cameras only. Download Product Images: https://sigmaphoto.canto.com/b/KD3FM [Contact] For US press inquiries, please contact Jack Howard: SIGMA.pr@sigmaphoto.com For further information outside the US, please contact your local authorized SIGMA Service Station listed at the link below: https://www.sigma-global.com/en/corporate/world-network/ [Information] SIGMA Corporation｜ https://www.sigma-global.com/ Contact Details Jack Howard +1 631-201-7381 sigma.pr@sigmaphoto.com Company Website https://www.sigmaphoto.com/

April 23, 2024 12:00 AM Eastern Daylight Time

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NAFA's 2024 I&E Media Day Unveils Cutting-Edge Fleet Innovations & Insights

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, today held a Media Day event at its annual Institute & Expo (I&E) in San Antonio, TX. At Media Day, over a dozen leading companies shared breaking news, innovations and other important announcements with industry reporters and publications in back-to-back press conferences. Media Day provided a unique opportunity for companies to showcase the latest developments in the fleet industry. Participants showcased a range of industry advancements in data analytics, safety technologies, electrification and more. "We were thrilled to bring Media Day back again at I&E this year,” said Bill Schankel, CAE, CEO of NAFA. “The product launches and exciting announcements made during Media Day are a testament to the fleet industry’s dedication to progress. These cutting-edge technologies, solutions and insights set the course for a more connected and efficient future.” Below is a look at the breaking news presented during NAFA’s I&E Media Day 2024: Draiver (Booth #1323) Presented by Federico Ranero, CEO Draiver presented new advanced-AI products. The company unveiled an all-in-one Command Center for total vehicle inventory management, as well as the new Draiver Driver app with cutting-edge tech features like Vehicle Inspection and Self Assign designed to increase valuable uptime. Ranero positions the innovations as the future of vehicle delivery. National Institute for Automotive Service Excellence (ASE) (Booth #1322) Presented by Donna Wagner, Vice President of Media and Industry Relations ASE presented preliminary results of its engine repair survey; commissioned to identify repair tasks technicians perform most frequently. 72% of respondents are currently A1 certified or were in the past and 76% hold one or more ASE A2-A8 automotive certifications while a majority of respondents hold each of those respective certifications. MoveEV (Booth #1523) Presented by Dave Lewis, Founder & CEO MoveEV unveiled its first marketplace add-in for the MyGeotab® Product, designed for Geotab-enabled fleets with EVs enrolled in MoveEV’s home charging reimbursement program, ReimburseEV™. The add-in connects Geotab and ReimburseEV™, allowing users to view any car’s home charging and reimbursement history without leaving the Geotab environment. GreenPower Motor Company (Booth #440) Presented by Brendan Riley, President GreenPower announced a new all-electric commercial vehicle product, the EV Star Utility Truck, purpose-built and customizable for vocational applications and workloads. The EV Star Utility Truck joins GreenPower’s EV Star Cab & Chassis commercial vehicle family as the 10th truck body upfit solution manufactured by GP Truck Body. RoadFlex (Booth #2033) Presented by Rush Akin, Chief Revenue Officer RoadFlex presented the launch of its Proactive Fuel Risk Management Platform™: an AI-powered fleet expense management solution that saves fleets an average of 11% in fuel costs. RoadFlex is redefining fuel cards and fuel management. It leverages advanced spending controls, telematics integrations and eliminates card misuse and fuel fraud. Feal Ramp (Booth #1145) Presented by Marat Shterenberg, US Sales Director Feal Ramp announced a cutting edge aluminum loading ramp, crafted from military grade aluminum. The ramp includes a no-drill universal installation and a patented double hinge transition plate to streamline the loading and unloading of goods, increase efficiency, ensure stability and prevent accidents. GPS Trackit (Booth #2123) Presented by Jeff Alsop, Sr. Director of Indirect Sales GPS Trackit announced VidFleet WiFi Hotspot, a groundbreaking enhancement that transforms its VidFleet dash cams into high-speed Wi-Fi hubs, extending connectivity beyond the dashboard. In tandem, they introduced Driver Safety Assistance for all dash cams, providing drivers with instant audible coaching for improved safety and driving habits. Fleetio (Booth #1149) Presented by Shay Misra, Sr. Product Marketing Manager Fleetio announced an expansion to its payment options for third-party maintenance with Fleetio Pay Debit, an innovative payment solution. Customers will be able to efficiently and securely manage transactions using physical and virtual Visa debit cards, ensuring complete control over financial activities. Merchants Fleet (#Booth 641) Presented by Lisa Drake, Assistant Director of Fleet Electrification Merchants Fleet announced they’ve secured $1.4 million in grants and incentives for clients’ electrification initiatives, a strategic move designed to accelerate fleet electrification throughout North America. Leveraging deep expertise in navigating the complex funding process, Merchants is empowering clients with specialized guidance and support to help to identify and apply for crucial funding. Fleet Complete (Booth #1732) Presented by Frank Friesacher, Chief Product Officer Fleet Complete presented an exciting step forward in fleet electrification for mixed fleets by making the transition to OEM EVs even simpler. With its advanced support for OEM connected electric vehicles (EV), the global IoT leader continues to demonstrate its commitment to offering mixed fleets with more efficient fleet management solutions. FreightMiner (Booth #1632) Presented by Al Houry, Founder & CEO In partnership with Insight Autonomy, FreightMiner revealed technology for fleets that eliminates endless costs and time spent on driver training and collision repairs. This technology makes trucks safer to drive… anywhere, all year long. It installs on existing fleets, alerts drivers about surrounding obstacles, keeps fleet vehicles in their lane and prevents collisions. Shell Fleet Solutions (Booth 1256) Presented by Jim Perkins, Director, Shell Fleet Solutions US Shell Fleet Solutions, with WEX, shared the news that its Shell Fleet Navigator® Card will soon offer integrated payments for both fuel and EV on-the-go charging, giving flexibility to internal combustion engine (ICE) and electric vehicle (EV) hybrid fleets. The new feature will allow ICE vehicles to fuel up at 95% of U.S. gas stations, while EVs can utilize charging stations on the WEX network nationwide. Teletrac Navman (Booth #1833) Presented by Carlos Caponera, Chief Marketing Officer Teletrac Navman announced enhanced AI-powered safety features for its IQ Camera, targeting driver distraction, cell phone usage, and drowsy driving, ensuring fleet protection and efficiency. Bluedot (Booth #1844) Presented by Martin Hamedani, VP of Partnerships Bluedot announced the public launch of Bluedot for Fleets, an all-in-one platform for public charging accessibility, automated payment and billing management, home charging reimbursement and vehicle analytics. It's designed to streamline the operations of electric vehicle fleets. NovaCHARGE (Booth #2044) Presented by Paul Boes, VP of Engineering, and Mark Gross, VP of Product Development NovaCHARGE announced the expansion of their innovative total solutions package available for fleets with FLEXX mobile EV charging systems. This new solution will ensure efficiency, productivity, and ease of transition to EVs for fleet managers of municipalities, enterprises, and utilities. Spring Free EV (Booth #2160) Presented by Sunil Paul, Co-Founder & CEO of Spring Free EV Spring Free EV announced the external launch of their fleet financing and tax credit solution, Residual Capital. For fleet operators, Residual Capital significantly eases the economic burden and residual value risks involved with EV acquisition. The product offers investors the ability to monetize available tax credits and benefits. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

April 22, 2024 07:34 PM Eastern Daylight Time

NFT LA Community Week and NFTPunks Launch the first Air-mail NFT Drop on Base!

Plato AI

Nashville, TN, April 22, 2024 – ( PlatoAi via 500NewsWire) -- In 2022, NFT LA was created to bring together the people who are at the foundation of creating the Web3 future. There is no time more important than now to inspire, connect, and educate each other and grow the Web3 future together. NFT LA was the place where we, as a community, do exactly that. NFTPunks was established to think differently and bring utility to NFTs, we believe that blockchain is all about community. In honoring the spirit of community, we reflect on the loss of our esteemed member, Michael Brooks, affectionately known as "The Rook." In his memory, we are proud to announce our collaboration with NFTPunks and aivo.ai to release a limited edition commemorative NFT celebrating his contributions. This NFT drop will be a landmark event, as it will be the largest Air-mail NFT drop ever on the Base Chain, directly sent to our community via email. No wallet is required on your end, as one will be automatically generated for you through Horus Wallet. Simply visit horuswallet.com, log in with this email, and a new wallet will be created for you, enabling you to claim the NFT. We hope that this tribute brings joy and fond remembrance to our vibrant NFT community. For further information Bryan Feinberg +1 551-574-2169 Contact Details Bryan Feinberg +1 551-574-2169

April 22, 2024 11:48 AM Eastern Daylight Time

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