News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Gaviota Slashes Inventory While Boosting Service Levels 36% with ToolsGroup’s AI-Powered Planning

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization, has partnered with Gaviota, the automated sun and shutter specialists, to fuel its supply chain planning transformation, resulting in significantly reduced inventory levels, increased customer satisfaction, and substantial business benefits. By implementing ToolsGroup Service Optimizer 99+ (SO99+), Gaviota has achieved the supply chain trifecta – lower inventory, higher service levels, and improved operational performance. Thanks to ToolsGroup Demand Forecasting and Planning and Inventory Optimization, the manufacturer has: ● Raised service levels for top items from 70% to 95% ● Reduced stock levels from 61 days in inventory to 35 days, a reduction of approximately 43% ● Improved production performance by 37%, increasing factory-to-sales service levels from 60% to 82% Present in 75 countries, Gaviota is a world leader in components, accessories, and systems for shutters, awnings, and similar sun protection products. Thanks to continued business growth, Gaviota now manages an extensive network of production plants, subsidiaries, and distributors worldwide, as well as 25 manufacturing divisions operating from 50 warehouses. The company manages a portfolio of over 40,000 products, many of which are seasonal and involve heavy industrial processes. “We wanted to broaden our business scope while minimizing inventory investments and ensuring sterling customer service,” said Francisco Javier Fernández, Supply Chain Director. “Amid increasing complexity, we recognized the need for a dynamic, reliable tool to help us plan quickly and accurately, along with a technology partner to accompany us on our digital transformation journey. We chose ToolsGroup as a partner for its intuitive, scalable solution and its sharp supply chain acumen. SO99+ helped us align inventory with demand and streamline day-to-day operations for maximum customer satisfaction, inventory reduction, and business performance. This level of efficiency and flexibility is yielding strong benefits and positions us to seize and pursue future growth opportunities.” “Customer-centric supply chain planning is the key to catalyzing and sustaining business expansion,” said ToolsGroup CEO, Inna Kuznetsova. “By employing AI-driven planning solutions that power rapid, demand-driven decisions, companies unlock their supply chains’ untapped potential for improved customer satisfaction and business performance. Gaviota has embraced both the technology and the growth-oriented mindset needed to seize these manifold opportunities for business evolution. We’re thrilled with their success and look forward to new opportunities to continue our outstanding partnership.” Want to learn more? Read Gaviota’s full story and discover the secrets behind ToolsGroup’s unique probabilistic forecasting and inventory management solutions here. About Gaviota Gaviota is a leader in the manufacture of components, accessories and systems for rolling shutters, awnings and enclosures. It has an international presence based in Spain (Alicante) and 50 years of experience in the sun protection sector, with a high industrial production capacity, able to respond to any demand and always at the service of its customers. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

April 20, 2023 10:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

9 Potential Investor Benefits of Oxbridge Re’s (NASDAQ: OXBR) Web3 Startup SurancePlus

Oxbridge Re Holdings

SurancePlus, a wholly-owned subsidiary of Oxbridge Re Holdings Limited (NASDAQ: OXBR ), is currently offering an innovative opportunity in the form of DeltaCat Re tokens, which are asset-backed digital reinsurance securities. Here are some key reasons to consider investing in SurancePlus’s DeltaCat Re tokens: Solid ROI With a Projected 42% in Year 1 Offshore Investment With Potential Tax Benefits Proven Track Record Audited Financials Liquidity Backed by a 20% Preferred Return Two Ways to Access Liquidity: Tradeable on the secondary market Redeemable at the end of each year 1). NASDAQ-Listed Parent Company SurancePlus benefits from the strong foundation and reputation of its parent company, Oxbridge Re Holdings Limited, a publicly-traded company listed on the NASDAQ. With over a decade of experience in the reinsurance industry, Oxbridge Re Holdings Limited provides SurancePlus with a wealth of industry knowledge and best practices, positioning it for success in the market and instilling confidence in investors. 2). Strong Potential ROI The DeltaCat Re token investment opportunity presents the possibility for investors to earn substantial returns. The anticipated returns are 42% in Year 1, 104% in Year 2, and 196% in Year 3. Investors are entitled to a Preferred Return of $12.00 per Preferred Share in addition to at least 80% of the profits from the reinsurance contracts collateralized by the net proceeds of their offering. This strong potential for significant returns makes the DeltaCat Re token an appealing choice for investors seeking to diversify their portfolios and capitalize on the reinsurance market’s growth. 3). Asset-Backed and Compliant with Applicable U.S. Securities Laws The DeltaCat Re token is a digital security that is backed by real assets, specifically reinsurance contracts, which adds a layer of financial stability and reduces investment risk. Additionally, the token is structured to comply with applicable U.S. Securities laws, ensuring that the investment opportunity adheres to strict regulatory guidelines and standards. Investors can be assured that their investment is operating within the legal framework established by U.S. authorities. By adhering to applicable U.S. Securities laws, SurancePlus demonstrates its commitment to transparency, investor protection, and maintaining the highest level of ethical business practices. For U.S.-based investors, the DeltaCat Re token is offered under Regulation D 506(c), while international investors will rely on the SEC’s Regulation S requirements. Records of the ownership of issued securities will be kept by an SEC-registered transfer agent and also recorded on the Avalanche blockchain. 4). Market-Uncorrelated Solution SurancePlus stands out from traditional investments by offering a solution that is not correlated to financial markets. This distinct characteristic allows investors to enjoy diversification benefits, reducing the impact of market fluctuations on their portfolios. Through exposure to SurancePlus’s DeltaCat Re digital reinsurance securities, individuals can enhance their investment strategy, spreading risks across different asset classes. 5). Disrupting a Multi-Billion-Dollar Market The global reinsurance market, valued at $498.7 billion in 2021, is an industry experiencing significant growth. Projections indicate that by 2031, the market will reach $1344.3 billion, showcasing a compound annual growth rate (CAGR) of 10.8% from 2022 to 2031. As a key player in the reinsurance space, SurancePlus aims to disrupt and capitalize on this expanding market by introducing innovative solutions, such as digitally tokenized reinsurance securities. 6). Liquidity through Secondary Trading Or Redemption SurancePlus elected to tokenize its Preferred Shares to facilitate liquidity for investors. The company intends to make the DeltaCat Re tokens available for trading on a secondary trading platform. The opportunity to digitally transfer the DeltaCat Re tokens on a registered alternative trading system (ATS) adds value to the investment opportunity, showcasing SurancePlus’s commitment to providing a flexible and secure investment experience. Alternatively, investors could choose to redeem the token at the end of each year without any penalty. 7). Alternative Investment Opportunity The DeltaCat Re tokenized reinsurance security offers investors a unique opportunity to participate in the rapidly growing, multi-billion-dollar reinsurance industry. As an alternative investment, it allows investors to gain exposure to a high-growth market that has been historically limited to institutional investors and ultra-high-net-worth individuals. With the introduction of tokenized reinsurance securities, SurancePlus democratizes access to this lucrative sector, making it accessible to a wider range of investors. 8). El Niño Year Seen Taming Hurricane Season in 2023 The 2023 Atlantic hurricane season is forecast to be the least active since 1995. Accuweather and Weatherbell are estimating the 2023 hurricane season to be near the historical averages. Despite the fact that the 2023 hurricane season is estimated to be within the historical average, insurance and re-insurance rates are at the highest levels ever. This fits SurancePlus’s belief that DeltaCat Re token investors could see higher returns, as long as the hurricane forecast becomes reality. In other words, investors have the opportunity to get paid to take the risk. 9). Tax-Advantaged Investing in DeltaCat Re tokens also helps investors unlock offshore investing benefits. There may be tax-savvy strategies that can help boost your returns. However, it is important to remember to always consult a qualified tax advisor to ensure full compliance with tax laws, while maximizing the offshore investment advantages. Conclusion SurancePlus presents a unique and innovative investment opportunity in the form of DeltaCat Re tokens. These asset-backed, blockchain-powered tokenized reinsurance securities offer exceptional projected ROI, market-uncorrelated diversification, and secondary trading possibilities. Backed by a NASDAQ-listed parent company and operating in compliance with applicable U.S. securities laws, SurancePlus is poised to disrupt the growing reinsurance market, providing investors with an alternative, high-potential investment option. Don't forget to do further due diligence on this groundbreaking opportunity in the reinsurance sector. For more information on the DeltaCat Re Digital Reinsurance Security offering from Oxbridge Re Holdings’ (NASDAQ: OXBR) SurancePlus subsidiary, please visit: https://suranceplus.com/invest/ Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated one thousand two hundred and fifty dollars cash for the creation and dissemination of this content by the company. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ The Post " 9 Reasons to Consider Investing with Oxbridge Re’s (NASDAQ: OXBR) Web3 Startup SurancePlus " First Appeared On Spotlight Growth. Contact Details Oxbridge Re Holdings Limited Spotlight Growth info@spotlightgrowth.com

April 20, 2023 05:30 AM Pacific Daylight Time

Article thumbnail News Release

HeartCore announces company has secured 10th Go IPO Consulting agreement

HeartCore Enterprises Inc

HeartCore President Sumitaka Kanno joined Steve Darling from Proactive to share news the company has announced it has signed a 10th Go IPO consulting agreement. This deal is with rYojbaba Inc. Kanno tells Proactive the contract calls for the company helping in rYojbaba’s efforts to go public and list on the Nasdaq Stock Market by helping throughout the audit and legal firm hiring process, translating requested documents into English, assisting in the preparation of documentation for internal controls required for an initial public offering. The company feels its Go IPO pipeline remains robust and more announcements could be happening in the future. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

April 19, 2023 01:05 PM Eastern Daylight Time

Video
Article thumbnail News Release

AMPD Ventures discusses the future of its digital content and media services with emergence of Web3

AMPD Ventures Inc

AMPD Ventures CEO James Hursthouse joins Natalie Stoberman from the Proactive studio to share his vision for the next chapter of AMPD and its subsidiary Departure Lounge. Hursthouse highlights the transition from media viewed on screens to digital content experienced through technologies such as virtual reality. Hursthouse also adds how his long-standing involvement in 3D immersive digital environments and how that experience is shaping AMPD's approach to generating revenue from this sector. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

April 19, 2023 12:41 PM Eastern Daylight Time

Video
Article thumbnail News Release

Lexion Raises $20M Series B, Expands AI-Powered Contract Management Solution to Broader User Base

Lexion

Lexion, the AI-powered contract management and operations workflow platform, today announced a $20 million Series B funding round led by Point72 Ventures, with participation from Citi Ventures, and existing investors Khosla Ventures, Madrona Venture Group, and Wilson Sonsini. This latest investment brings the total amount raised to more than $35 million, allowing the company to further enhance Lexion's core platform and AI capabilities to help every department close deals faster. Originally developed at the Paul Allen Institute for Artificial Intelligence as a contract management system for lawyers, Lexion’s artificial intelligence and automation capabilities have accelerated legal work and streamlined processes across multiple disciplines, including sales, procurement, finance, and technology. Gaurav Oberoi, CEO of Lexion, explains how the new funding will be used to accelerate Lexion's AI landscape: "Lexion is all about helping every team do more business, faster. We’ve proven how award-winning AI and no-code automation can accelerate legal tasks, but we've also seen other divisions adopting the software. Now we're accelerating sales cycles, vendor agreements, security reviews, RFPs, and even employment offers for departments where legal is not directly involved." In 2022, Lexion experienced dramatic growth, tripling its revenue for the third year in a row and expanding its customer base to include hundreds of corporate clients from various industries, such as B2B technology, healthcare, consumer goods, manufacturing, and gaming. Lexion's easy implementation and intuitive interface take the stress out of adopting new software. “Our legal customers often comment how their sales teams don't even notice they're using a new technology because it integrates so well with their systems,” adds Oberoi. Sri Chandrasekar, Managing Partner at Point72 Ventures, will be joining Lexion's board. Chandrasekar supports Lexion’s vision to expand into a horizontal operations workflow solution: “Lexion’s investment in AI, paired with the team’s technical, product, and operations expertise, positions the company well for broader adoption and cross-departmental expansion. We're excited to support the team as they continue to innovate in the operations space.” Matt Carbonara, Managing Director at Citi Ventures, celebrates how easy the Lexion platform is for larger organizations to adopt: "During our investment process, Citi reviewed Lexion’s solution and was impressed with its capabilities, ease of use, and seamless integration,” he says. With this latest round of funding, Lexion is poised to transform not only the legal department, but the entire operational landscape for companies of all sizes and industries. “At Khosla Ventures, we invest early into bold ideas that could be impactful,” said Kanu Gulati, partner at Khosla Ventures. “Lexion’s team has made tremendous progress and is well positioned to take advantage of newer AI generative capabilities to bring greater automation across businesses.” About Lexion Lexion is a powerfully simple operations workflow platform that helps every team do more faster, by streamlining and centralizing the contracting process in a system that works the way you do. We built Lexion at Paul Allen’s artificial intelligence research institute, with an experienced team from Microsoft, Facebook, Google, and Amazon. Top AI investors (including A16Z, Sequoia, and Goldman Sachs) voted Lexion as one of the top 40 Intelligent Applications to watch in 2022. Most importantly, fantastic brands trust Lexion to help them close deals faster, such as Outreach, OfferUp, Blue Nile, and many more. Visit https://lexion.ai for more information. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://lexion.ai/

April 19, 2023 08:00 AM Pacific Daylight Time

Image
Article thumbnail News Release

PTOP Hires an Audit Firm and Has Made Payment For Audit To Commence - PTOP IS Pink Current

Peer to Peer Network

McapMediaWire -- Peer To Peer Network a.k.a MobiCard Inc. (OTC: PTOP ) - The auditors will audit the consolidated balance sheet of Peer to Peer Network Inc. as of December 31, 2022 and 2021, and the related statements of operations, comprehensive income, stockholders’ equity, cash flows, and schedules supporting those financial statements for the period then ended. Based on the audit, the auditors will issue a written report on the Company’s consolidated financial statements and schedules supporting the financial statements. “I have been trying to advance the company forward and have been looking for alternative funding solutions for a while. As our shareholders know, I embrace transparency and I am trying to accomplish a few strategic objectives that are contingent on having an audit completed. I will continue to do right by shareholders. By getting auditors, we are just that much more transparent, and it will aid us in a few objectives at the same time,” stated CEO Joshua Sodaitis. The objective of an audit of the financial statements is the expression of an opinion on the financial statements. Accordingly, the objective of our audit is the expression of an opinion about whether the Company’s financial statements are fairly presented, in all material respects, in conformity with accounting principles generally accepted in the United States. The design and implementation of programs and controls to prevent and detect fraud and identifying and ensuring that the Company complies with applicable laws and regulations, and informing of any known material violations of such laws and regulations that would have an effect that is material to financial statement amounts or disclosures. An audit includes performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of risks of material misstatements of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Organization's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Organization’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. Examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used, and significant estimates made by management, as well as evaluating the overall financial statement presentation. “If any shareholders want to help the company, this is the time. Getting an audit is one step closer to achieving multiple goals that I laid out in our annual letter to shareholders. We welcome the audit with open arms and will be glad to showcase the clean record PTOP has had under my management in 2021 & 2022. Even better news will be coming soon, too. I have been hard at work behind the scenes to do anything I can to advance the interests of the company. Don’t listen to the bears, as usual, I will prove them wrong again and again. Next week's news will be even better,” concluded CEO Sodaitis. PTOP’s CEO plans to answer shareholder questions on the PTOP message boards on Thursday evening, so I encourage anyone with any comments, questions, or concerns to reach out on the message boards at www.ptopnetwork.com Like us @MobiCard on Facebook. Follow us on Twitter @freemobicard PTOP A new phase is coming soon. Contact Info: Joshua Sodaitis, Chairman & CEO MobiCard, Inc. 45 Prospect Street Cambridge, MA 02139 Phone: 1-617-481-1971 Email: info@freemobicard.com Investor website: www.ptopnetwork.com Safe Harbor Statement: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings at www.sec.gov. The company is no longer a fully reporting SEC filing company. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise. Contact Details MobiCard, Inc. info@freemobicard.com

April 19, 2023 10:30 AM Eastern Daylight Time

Article thumbnail News Release

Comcast and The Arc Partner to Expand Tech Training and Special Education Advocacy for People with Disabilities

Comcast Colorado

Comcast announced that it is expanding its partnership with The Arc of the United States to foster digital and advocacy skills in people with intellectual and developmental disabilities (IDD) and their families. The expansion comes in the form of Comcast providing two new grants to The Arc totaling $710,000, which includes $22,000 for The Arc of Weld County. The funding will allow The Arc to establish more Tech Coaching Centers at chapters across the country, including one at The Arc of Weld County. The centers will offer The Arc@School special education advocacy curriculum to Spanish-speaking families. These programs have already helped over 3,500 people with IDD develop more independence, equity, and opportunities for their future. “We know and deeply understand that digital access is essential to inclusion and many times it can be the great equalizer to support community participation,” said Amelia Koehmstedt, Executive Director of The Arc of Weld County. “Tech coaching centers address digital inequities while providing a unique niche for learners of all abilities to gain skills that translate into greater independence. Transitioning this opportunity to include family and caregivers allows these individuals to learn alongside those they care for with IDD and maximize opportunities and effectiveness of digital literacy. By supporting all community members, the inclusion of people with IDD and their success with technology grows exponentially. These opportunities support our vision of inclusion, acceptance and belonging for all.” A first grant of $560,000, will support The Arc’s Tech Coaching Centers at 10 locations across the country. It will also expand the training model to include caregivers and family members of people with IDD to ensure they can support in the implementation of technology across all environments, including assistive technology. With technology being an increasingly vital part of navigating and participating in today’s plugged-in world, including transportation, employment, recreation and social interaction, people with IDD face unique barriers to understanding and adopting digital tools, which is exacerbated by a higher rate of poverty and lower overall income. Since 2014, Comcast has supported The Arc’s Tech Coaching Center, reaching nearly 2,500 people with IDD through 19 chapters and giving them access to devices, services, and training that advance measured outcomes in employment, health, independent living, education, and interpersonal connections. “We know that digital skills training can open new doors to opportunity and help people living with disabilities gain independence,” said Dalila Wilson-Scott, EVP and Chief Diversity Officer of Comcast Corporation. “That’s why we are proud to continue our long-standing partnership with The Arc to reach even more people with IDD – including their caregivers and families — and to create pathways that can help enrich their lives.” A second grant of $150,000 will go towards advancing efforts to help marginalized communities better advocate for their education. This investment will allow The Arc to fully translate the curriculum into Spanish to better meet this population’s needs and increase access to the content. Academic achievement and graduation rates for students with disabilities lag far behind their peers, trends marked by inordinate discrimination, suspensions, and isolation within school settings across the country. In 2016, The Arc created The Arc@School, an evidence-based, self-paced online training program designed to help families, educators, and advocates navigate the special education system. Since 2021, Comcast has partnered with The Arc to connect underserved communities to these educational advocacy resources. To date, more than 500 families of color and low-income households have been given free access to The Arc@School, in addition to a facilitation guide, Spanish language overview of the special education process, and cultural competency resources and sections. These grants were distributed through Project UP, Comcast’s $1 billion commitment to reach tens of millions of people in order to advance digital equity and help create a future of unlimited possibilities. About The Arc of the United States The Arc advocates for and serves people with intellectual and developmental disabilities (IDD), including Down syndrome, autism, Fetal Alcohol Spectrum Disorders, cerebral palsy, and other diagnoses. The Arc has a network of nearly 600 chapters across the country promoting and protecting the human rights of people with IDD and actively supporting their full inclusion and participation in the community throughout their lifetimes and without regard to diagnosis. Visit www.thearc.org or follow us @TheArcUS to learn more. Editor’s Note: The Arc is not an acronym; always refer to us as The Arc, not The ARC and never ARC. The Arc should be considered as a title or a phrase. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Colorado Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

April 19, 2023 07:45 AM Mountain Daylight Time

Image
Article thumbnail News Release

Circles Modernizes Group Support with First Free ‘Audio-Only’ On-Demand Service

Circles

In the middle of the night when you are overwhelmed with grief, reeling from a job loss or just in need of someone who knows what you are going through, where do you turn. Technology company Circles is on a mission to solve that problem. Today, the company announced that Circles On-Demand, the first of its kind on-demand audio support group app, is now available to the general public. Circles fills a void in the e-therapy market by focusing on the therapeutic value of sharing and listening to others with the same pain, issue, or challenge. Circles has modernized the support group by empowering users to find emotional support from people who are dealing with the same issues, in real time. The wide ranging topics of groups includes: single dads rebuilding their lives after divorce, adults coping with disability, women navigating infertility and people grieving the loss of loved ones. Circles taps into the power of finding and giving support to those who are going through the same issues. “ People still need people, and that is especially true when you are faced with life's challenges,” says Irad Eichler, Co-Founder and CEO of Circles. We have learned from our community that although people often have a support system, they still feel alone. It has been our mission to provide a safe place where people feel seen and heard, whether they are going through divorce, experiencing illness, struggling with body image or navigating a layoff. We understand the power of connecting with people who understand exactly what you are going through and with this new offering we are proud to provide easy real-time access to emotional support for anyone who needs it.” Since the company launched in 2020, they have been a source of support for 50,000 people. Circles On-Demand opened to limited users in 2022 and already has 200 and growing support groups. During the beta, divorce and cancer accounted for 35% of all rooms, but in the past two months, demand for groups dealing with narcissistic relationships grew by 100%. Each Circles group is led by a facilitator. Since the beta launch of Circles On-Demand, more than 200 groups have already formed validating the need that people need help and feel better connecting with others that face the same challenges. Circles On-Demand is free of charge and anyone can start or join a group. The app allows people to be anonymous and only requires a first name to sign-up. The company provides training materials to help facilitators be successful, and is currently working on an AI integration that will provide help to guides in real time. Circles On-Demand has helped people to find community and connection when they most need it. During the holidays, groups hosted happy hours to help people feel less lonely. There was even a comedy hour for grief support, providing users with an outlet to laugh through a difficult time. Julie Edstrom has used Circles to support her through grief, and says, “I lost both of my parents 16 days apart in 2021 to COVID. I am a retired Grief and Trauma Therapist so I have high expectations for grief groups. Circles exceeds my expectations.” Circles user, Mark, is healing from a narcissistic relationship and offers, “The group is comfortable and open. Being able to express what's happening and feeling others' stories. There's no judgment nor criticism. People can talk freely and share their pain, their growth and seek that light at the end of the tunnel.” To join or start a support group, download the Circles app on the Apple App Store or Google Play. About Circles Circles was founded in 2020 in Israel with a mission to make support accessible and affordable to everyone. The global company launched in the United States in 2021 and differentiated itself from the e-therapy market by focusing on the therapeutic value of sharing and listening to others with the same pain, issue, or challenge. The company closed a Series A round of $16.5 million in May 2022. Contact Details Circles Karen Swim circles-pr@wordsforhirellc.com Company Website https://circlesup.com/

April 19, 2023 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Bing Ventures Concluded Its Boutique Side Event at Hong Kong Web3 Festival 2023

Bing Ventures Limited

Bing Ventures, a pioneering VC firm in Asia that backs entrepreneurs and early-stage startups in Web3 and blockchain, concluded its side event entitled “Web3 Reimagined” at the Hong Kong Web3 Festival 2023 on April 14. The event, in partnership with AI-driven Web3 content aggregator Followin, convened some of Asia’s leading VCs, startups, and media leaders to reflect on the opportunities and challenges of the road ahead for Web3 amid the complex and ever-changing industry landscape. Top Investment Themes for 2023 ​Before a packed auditorium, Wayne Wu, Partner of Bing Ventures delivered keynote remarks that shared the VC firm’s views on the top investment themes for 2023. “Although been through a treacherous 2022, the industry has shown its tenacity in the first quarter of 2023. The recovery of the industry will be driven by technological innovations,” he said. Wu shared the specific innovations that Bing Ventures is looking at under six investment themes including Web3 infrastructure and applications, TradFi’s integration with DeFi, Ethereum scaling, collaboration tools for DAOs, GameFi, and the intersection of digital identity (DID) and social networking. “We think GameFi projects utilizing new human-computer interaction technology such as VR, AR, and ChatGPT and delving deep into the in-game uses of NFTs are promising, especially those with innovative token economies,” he explained. His forward-looking and insightful speech set the tone for the rest of the event. A Boom in Consumer-facing Applications is Coming Besides the keynote speech, the event included two panel discussions highlighting diverging perspectives from the point of view of entrepreneurs in the first and a more digital-assets-focused discussion in the second. Speakers on the two panels include Josh Du, Head of Digital Asset Portfolios at Animoca Brands; Christian Ng, Partner at GBV Capital; Calvin Poon, Investment Associate at The Spartan Group; Albert Chang, Managing Partner at Chiron Partners; Kevin Shao, Cofounder of Bitrise Capital; Shier Han, Cofounder of NFTScan; Niels Ma, Initiator of BuidlerDAO; Lionel Yuan, CEO of DeSyn Protocol; Gabriele Bandi, VP of Sales & Business Development at Hex Trust; Robert McCracken, Ecosystem Lead, Alchemy Pay; and Wego C., Cofounder of BlockTempo. The first panel was moderated by Andrew Han, Chief Branding Officer of Followin, while the second panel was moderated by Yanyan (Chunyan) Liang, Co-founder & CMO of Blockchain Academy Group. It was worth noticing that panelists on both stages shared positive views on the development of the industry and believed the flipping point for a boom in Web3 consumer applications may be imminent. Entrepreneurs in several sectors indicated that the fundamentals of the industry were not shacked by the high-profile black swan incidents and bankruptcies in 2022. Talents continue to flow into the space, entrepreneurial activities are strong, and regulators worldwide are gradually learning about Web3. In addition, empowering technologies such as AI are bringing new possibilities to the industry. Sector-wise, several investors including Animoca Brands mentioned that they are doubling down on consumer-facing applications from gaming, fashion, music, and education to custody solutions, payments, and social networking. As more and more already-successful Web2 companies realize that their business models can work better with Web3 technologies, the number of consumer-facing applications will grow exponentially. The event ended after a lively cocktail party and was attended by over 200 invited guests. “As a research-driven VC firm, we host and support events from workshops to hackathons to help facilitate meaningful exchanges of ideas. We are glad the side event was a success and look forward to meeting more industry participants at our future events,” Wu commented. About the Web3 Festival The inaugural Web3 Festival, co-hosted by Wanxiang Blockchain Labs and HashKey Group and supported by the Hong Kong government, is the largest crypto-focused conference Hong Kong has ever hosted. This four-day event will see over 10,000 attendees, 300 distinguished industry speakers, VCs, and senior finance and FinTech executives, about 100 Web3 project exhibitors, community partners and media partners around the world congregate to network, share, and learn through high-level content and panel discussions. About Bing Ventures Founded by former J.P. Morgan and Standard Chartered bankers, Bing Ventures is a pioneering venture capital firm that backs startups and entrepreneurs driving the next wave of Web3 and blockchain innovations. Its team of crypto veterans and natives collectively brings decades of experience in investing in, incubating, developing, and marketing Web 3.0 projects. With a sector-agnostic, value-investing approach, it now has a portfolio spanning DeFi, NFT, GameFi, DAOs, infrastructure, Web3, and more. Bing Ventures is headquartered in Singapore and has team members decentralized across Asia, the UK, and the US. For more information, please visit https://www.bing-ventures.com/. Contact Details Bing Ventures Limited Jenny Liu +86 159 2140 1005 jenny@bing-ventures.com Company Website https://www.bing-ventures.com/

April 19, 2023 09:00 AM Eastern Daylight Time

Image
1 ... 282283284285286 ... 633