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

Issuer Pixel Launches B2B Video Sharing and Networking Platform

Issuer Pixel

MIAMI - Issuer Pixel, a new video-centric B2B sharing and networking platform built on patented technology, took a major leap forward today by officially launching its video and audio 1-Click sharing features. With today's launch, companies of all sizes can now join the Issuer Pixel platform and begin providing their content publicly, gaining exposure to partners, customers, suppliers, suitors, investors and media worldwide. "On behalf of the entire Issuer Pixel team, I am thrilled to announce this significant milestone in our company's growth," said Issuer Pixel CEO David N. Baker. "This is a major step for our company and our investors. More importantly, going live means our corporate customers can begin taking advantage of our platform and seeing the benefits immediately." The announcement comes on the heels of other key events for the company, which earlier this year received official patent approval for its first patent, from the U.S. Patent Trademark Office. "We already have one patent approved, two patents pending, and five more being prepared to be filed," Baker said. "We believe building a strong patent portfolio will provide us with a defensible position in the market place and add tremendous value to Issuer Pixel." Even though most companies do not have a structure to organize their external facing video and audio content, including Fortune 500 companies, the demand for such structure to organize their content has skyrocketed in recent years. Issuer Pixel was created to fulfill that growing demand, while also providing companies a platform to efficiently find video/audio content by industry, sector, or granular product/service level for the first time. To learn more about Issuer Pixel, visit us at: https://issuerpixel.com/ Contact Details David N. Baker Issuer Pixel Inc. david@issuerpixel.com Company Website https://issuerpixel.com

December 17, 2021 08:00 AM Pacific Standard Time

Image
Article thumbnail News Release

RCG Ventures Unveils New Branding for Proviniti

RCG Ventures

RCG Ventures, a wholly owned subsidiary of River Capital Group Holdings, a leading family investment office, today unveiled new branding for its portfolio company, Proviniti. Proviniti is the leading provider of turnkey solutions that transform legacy IT into high-performance, agile environments. Supported by RCG Ventures’ active investment strategy, Proviniti designs, deploys, and manages customized IT solutions that enhance efficiency, accelerate growth, and increase profitability. The company’s tenured development team leverages best-of-breed technologies in artificial intelligence (AI), blockchain, marketing automation, data visualization, Internet of Things (IoT), big data, systems integration, customer experience (CX), and robotic process automation (RPA). For clientele, such as ShopRite and Spartan Homes, Proviniti provides the technology and expertise that enable agility and deliver the competitive edge to thrive in today’s volatile marketplace. “Proviniti builds and implements customized solutions that combine user-centric design with best-of-breed technologies, eliminating complexity while fostering user adoption,” said Proviniti Managing Partner, Steven McCaffrey. “Leading Proviniti is an elite group of highly accomplished executives who are uniquely empowered with the experience and knowledge to help financial institutions, governments, healthcare, manufacturing, and pharma companies adapt operations without sacrificing productivity,” said Vincent Puma, River Capital Group Holdings’ chief executive officer. “Together with Jeff Kaplan, managing partner of RCG Ventures, Proviniti has assembled a team of the foremost experts to help businesses of all sizes and in all markets leverage and deploy new and emerging technologies to give them a competitive advantage and pivot quickly when needed.” For financial institutions, Proviniti customizes data visualizations that communicate complex insights in comprehensible formats for fund analysis, reporting, and risk assessments. The company designs and implements AI-powered financial models that enable M&A and capital markets professionals to rapidly forecast outcomes based on numerous scenarios, providing timely, trustworthy analyses. “What is unique about Proviniti is its team’s understanding of how blockchain, AI and big data technologies can be applied in myriad use-cases for companies of all sizes,” said Jeff Kaplan. “This insight allows Proviniti to successfully implement turnkey solutions for clients, affecting positive change that strengthens bottom lines. “Of particular note is the team’s expertise and unparalleled track record helping organizations design, deploy, and manage blockchain solutions,” added Kaplan. “Leveraging blockchain, Proviniti helps organizations overcome breakdowns across supply chains, logistics, and fulfillment, mitigating shortages in household goods, car parts, pharmaceuticals, and chip technology. In addition, whether bringing reconciliation time of financial transactions, or creating marketplaces for non-fungible tokens (NFTs), Proviniti brings the technical and industry acumen to seamlessly integrate blockchain into their businesses.” ABOUT PROVINITI Backed by RCG Ventures, the active investment arm of River Capital Group Holdings, a leading family investment office, Proviniti provides turnkey solutions that transform corporate IT into to high-performance, agile environments. Our tenured development team leverages best-of-breed technologies in artificial intelligence (AI), blockchain, marketing automation, data visualization, Internet of Things (IoT), big data, and robotic process automation (RPA). ABOUT RCG VENTURES RCG Ventures (RCGV) is a wholly owned subsidiary of River Capital Group Holdings (River Capital), a leading family investment office. RCGV represents an active investment strategy that combines access to capital with management resources, infrastructure, an expansive global business network, and hands-on strategic guidance from an elite, tenured team of business, financial, marketing, operations, and capital markets leaders. Our target partners develop breakthrough innovations in blockchain, artificial intelligence (AI), big data, workforce services, Internet of Things (IoT), data analytics, and extended reality (XR). For additional information, please visit www.RCGV.com. ABOUT RIVER CAPITAL GROUP HOLDINGS Founded in 2013, River Capital Group Holdings (RCGH) is a leading family investment office headquartered in Manhattan, NY. In addition to funding, River Capital Group also offers strategic counsel, management resources, and access to its expansive network of capital markets, finance, and institutional investment professionals, without requiring partner companies to cede operational control. River Capital Group makes opportunistic investments in growth companies with investments ranging from five hundred thousand to $50 million. Specifically, RCGH identifies forward-thinking companies for which its capital, financial expertise, and relationships would add both significant quantitative and qualitative value. River Capital Group Holdings is industry agnostic with a track record of backing and supporting companies that deliver above average returns and exceed industry expectations. Invested capital is only that of River Capital Group Holdings’ principals. For additional information, please visit www.rivercapitalgroupholdings.com. Contact Details JMRConnect: Shaping Influence® PR Mostafa Razzak +1 917-912-0623 m.razzak@jmrconnect.net Company Website https://rivercapitalgroupholdings.com/

December 16, 2021 10:23 AM Eastern Standard Time

Article thumbnail News Release

Centerboard Announces New Model for Supply Chain Management with Industry-First API Offering

Centerboard

Centerboard, the neutral, shipper-centric transportation management provider, announced today the availability of Centerboard Microservices, API solutions enabling seamless technology integration for shippers and technology providers. Presenting a ground-breaking approach to supply chain access, the cloud-based, a-la-carte offerings give users a fully customizable experience. Reflecting its mission to give shippers complete control over their supply chain, Centerboard’s API offering allows software providers to embed supply chain access into their clients’ existing systems, regardless of the transportation management system (TMS) or enterprise resource planning (ERP) platform. “We’ve spent years working closely with shippers and leading technology providers – not only listening to their needs but building an IT roadmap that directly addresses those needs. The biggest pain point we’ve seen is the lack of neutrality and flexibility regarding technology solutions,” said Lindsey Shellman, Chief Commercial Officer at Centerboard. “The APIs through Centerboard Microservices is a solution that no one else in the industry is offering. We are thrilled to address the complexity of supply chain and let users access shipping functionality from within their existing applications. For the first time, users will have affordable access to technology that provides true visibility and control of their supply chain operations, while eliminating the need to juggle multiple tech stacks.” BluePallet, the first end-to-end commerce platform for the chemical industry, is currently leveraging Centerboard Microservices to increase efficiencies for their users. “Our partnership with Centerboard strengthens the TMS functionality within the existing framework of our marketplace, helping our users spend less time managing multiple supply chain services outside of our platform,” said Pat Salomé, Chief Product Officer at BluePallet. “We are looking forward to our continued partnership with Centerboard to support our network of manufacturers and distributors.” Since rebranding in September, Centerboard has experienced substantial growth with an expanded roster of customers in chemical distribution, and food and beverage industries, including Dien, a leader in North American specialty chemical and ingredient distribution; JSI Store Fixtures, a branded display supplier to major supermarkets, convenience and specialty store chains; and S.L. Fusco, Inc. a Los Angeles based industrial supply distributor. Centerboard has also launched a range of new features, including advanced shipment notifications and enhanced carrier tracking messages. In addition to platform developments, Centerboard continues to invest in its team growth and plans to open a new state-of-the-art office facility this month. To learn more about Centerboard and schedule a demo please visit www.centerboard.com. About Centerboard Centerboard is a neutral, shipper-centric transportation and supply chain management provider supplying shippers with access to a wide range of affordable features needed to take control of operations. Centerboard unlocks business opportunities for shippers, carriers, and supply chain stakeholders, through leveraging real-time data. Contact Details Kite Hill PR for Centerboard Kite Hill PR centerboard@kitehillpr.com Company Website https://www.centerboard.com/

December 16, 2021 09:30 AM Eastern Standard Time

Article thumbnail News Release

Journalists to discover new tech for work, home & play at ShowStoppers press event during CES 2022

ShowStoppers

Journalists will discover new tech for work, home and play at ShowStoppers® at CES, the press event scheduled for 5 Jan. 2022 during the CES tradeshow in Las Vegas. For press registration, please contact Steve Leon, sl@showstoppers.com, +1 310-936-8530. Stern, https://sternpinball.com/, will change the game of pinball as we know it. Boogie Board, https://myboogieboard.com, will push the envelope with new analog writing technology that supports efficiency and wellbeing. Sleep sensing earbuds from Kokoon, https://kokoon.io, will help wearers sleep easier and deeper. Vasco Electronics, https://www.vasco-electronics.com, will show an AI-based, award winning electronic translator. ViewSonic, https://www.viewsonic.com, will show new monitors and projectors for gaming, home entertainment and professional content creators, including the first reveal of the flagship ELITE XG321UG 32-inch, 4K gaming monitor. The press event organizes product launches, sneak previews and hands-on demonstrations of new tech for work, home and play for journalists, industry and financial analysts, venture capitalists and business executives -- from AI to 5G to cloud, VR to digital health; to better, safer, healthier tools for working from home or going back to the office; to future mobility and autonomy, robotics or smart cities; to apps and hardware that drive mobile and desktop innovation; to wearables, IoT, appliances, entertainment, and more. About ShowStoppers Now in its 26th year, ShowStoppers, https://www.showstoppers.com/, is the global leader in producing press and business events spanning the U.S., Europe and Asia. Each event organizes product launches, sneak previews and demonstrations for selected journalists, bloggers, industry and financial analysts, venture capitalists and business executives. Industry leaders, innovators and startups exhibit to generate news coverage and product reviews, make new connections, promote brand and open new markets. ShowStoppers produces official press events at CE Week, IFA and NAB; partners with CTA, IFA, GSMA and CEATEC; and produces events during CES, IFA, MWC, NAB, CE Week, CEATEC and other tradeshows. ShowStoppers streams online, broadcasting live events, month after month. To learn more about how you and your company can meet the press at ShowStoppers press events in person and online at ShowStoppers TV, contact Lauren Merel, lauren@showstoppers.com, +1 908-692-6068, or Dave Leon, dave@showstoppers.com, +1 845-821-6123. Contact Details Steve Leon +1 310-936-8530 sl@showstoppers.com Company Website https://showstoppers.com

December 16, 2021 09:30 AM Eastern Standard Time

Article thumbnail News Release

JustiFi, The Embedded Fintech Platform for Platforms, Raises $6.6M Led by Emergence Capital and Rally Ventures

Rally Ventures

JustiFi, the intelligent fintech orchestration platform for platforms, today announced its $6.6 million seed round. JustiFi provides vertical SaaS platforms with a full suite of embedded fintech tools that can be deployed to their current customer base. As vertical SaaS platforms increasingly become the system of record in their industry, customers look to them for expanded capabilities, including payment and banking tools. Unfortunately most vertical SaaS platforms do not have the in-house expertise or engineering bandwidth to develop a fully embedded fintech suite of tools, and they typically end up deploying an amalgamation of integrations that are not optimized for customer happiness or maximum revenue. When a vertical SaaS platform partners with JustiFi, they instantly have a fully integrated and white labeled suite of payment acceptance tools, multi-payment type intelligent orchestration tools, white label insurance capabilities, lending capabilities, card issuing, treasury management and more. These tools are optimized for lowest possible cost, resulting in highest possible revenue and profit. As the global internet economy reached upwards of $6.49 trillion in 2020, businesses paid more than $195B in payment processing fees alone. Using AI, JustiFi’s decision engine analyzes every transaction to dynamically optimize and reduce payment fees to the lowest possible effective rate at the interchange level. Over time, JustiFi becomes smarter by applying its learnings, thus continuing to increase the profitability of the business. The round was co-led by Emergence Capital, the early investor in Zoom, Bill.com, Veeva, Salesforce and other industry-leading enterprise companies, and Rally Ventures, early investors in Braze, Carbon Black, Coupa and SportsEngine. The new financing will be used to scale the team and continue to build out the product. “JustiFi was created to democratize fintech and accelerate the revenue potential of SaaS platforms,” said Joe Floyd, general partner at Emergence Capital. "JustiFi was built by vertical SaaS veterans who won at the payments game before. Now, they're commercializing all of the industry leading insights, data, tools and technology they've developed over the last 15 years, so other platforms can win as well." “Fintech is complex and payment teams are expensive and hard to secure, especially with other priorities like customer acquisition and new product features fighting for resources," said Joe Keeley, co-founder and CEO of JustiFi and founder and former CEO of CNST (acquired by Bright Horizons, NYSE:BFAM). "JustiFi's payment team and platform tools enable platforms to integrate fintech strategies early in their build without having to hire huge teams to support them." “To put it bluntly, we know that nearly every business in the world pays too much in payment processing fees. Those high fees are especially painful to vertical SaaS platforms, where gross margin is materially impacted by each basis point,” said Justin Kaufenberg, managing director at Rally Ventures and co-founder and former CEO of SportsEngine, a vertical SaaS platform that processed multiple billions per year in payments. “Offering payments is table stakes. Vertical SaaS platforms should not settle for anything less than a fully integrated, fully white label, comprehensive fintech stack that includes a native orchestration layer and transaction level cost optimization.” About JustiFi JustiFi is the embedded fintech platform built for vertical SaaS platforms. The company’s ​AI and machine-learning engine manages and optimizes payment transactions to help platforms reduce fees and maximize profits. JustiFi leverages 50+ years of industry experience and expertise to add value for customers by generating payments revenue, saving money, ensuring compliance and turning payment processing into a strategic advantage. For more information, visit justifi.ai. About Emergence Capital Emergence is the leading venture capital firm focused on early-stage enterprise software companies. Its mission is to be the most important partner to the companies that are changing the way the world works. The firm's investments' current market capitalization is over $400B and includes companies such as Zoom (ZM), Veeva Systems (VEEV), Box (BOX), Bill.com (BILL), Doximity (DOCS), Blend (BLND), SuccessFactors (SFSF, acquired by SAP), Yammer (acquired by Microsoft) and ServiceMax (acquired by GE). For more information on Emergence, visit www.emcap.com and follow @emergencecap. About Rally Ventures Rally Ventures invests exclusively in early-stage business technology companies, focusing on entrepreneurs creating major new markets or bringing transformative approaches to existing ones. Since 1997, Rally Ventures' partners and venture capital industry veterans have invested in or run early stage enterprise business-to-business technology companies with a proven ability to deliver superior returns regardless of the overall market environment. For more information visit www.rallyventures.com. Contact Details Rachel Stone rachel@rallyventures.com Company Website https://www.justifi.ai

December 16, 2021 08:03 AM Eastern Standard Time

Article thumbnail News Release

CoorsTek Plant in South Korea Earns Top Chemical Safety Award

CoorsTek

The CoorsTek plant in Gumi, South Korea was recently presented with an award from the National Institute of Chemical Safety (NICS) in recognition of the facility’s exceptional safety protocols and best-in class chemical accident prevention plan. CoorsTek, a leading manufacturer of technical ceramics, operates more than 30 manufacturing facilities across three continents. At its Gumi, South Korea plant, which provides a variety of high-performance ceramics engineered specifically for semiconductor processing applications (including PureSiC silicon carbides and PlasmaPure aluminas), a wide range of hazardous materials are used. Due to the extensive use of these materials, the plant is subject to regular inspections to review safety procedures and chemical spill prevention plans. Gumi employees passed last summer’s chemical safety inspection with marks so high that representatives from the NICS asked them to share best practices at a conference in November. CoorsTek team members accepted the offer and used the opportunity to showcase the plant’s comprehensive accident prevention program. The Gumi facility has grown in serving partners since 2000, including a recent expansion to support semiconductor and electronics industry growth as well as many additional customers in the region. CoorsTek was among 12 organizations that were highlighted at the event, but one of only five to receive the Director’s Award for Chemical Safety. CoorsTek was in excellent company; the other four winning organizations were Sam-Yang, SK Materials, Hyundai Motor, and Samsung. According to plant manager BW Han, the Gumi team delivered outstanding results thanks to the steps they have taken to prevent the leakage of hazardous chemicals into nearby bodies of water. “We established a mobile-based wireless network to keep materials from flowing into the rivers here, and developed strong evacuation plans to keep workers and local residents safe if we are faced with an emergency,” he said. CoorsTek Vice President of Environmental Health, Safety, Sustainability, and Security Scott Dolan congratulated the team and expressed pride in their accomplishment. “CoorsTek is committed to being a safe, environmentally friendly and socially responsible company,” he said. “Our EHS teams worldwide take this responsibility seriously. We’re proud of the great work they’re doing in Gumi and pleased with the steps they are taking to create a safe environment.” About The National Institute of Chemical Safety The National Institute of Chemical Safety falls within the South Korean Ministry of Environment, which is the branch of government charged with environmental protection. This agency manages the country’s chemical safety accident prevention system and oversees the accident response program; professional education; and international coordination. About CoorsTek CoorsTek is a privately-held leading global supplier of technical ceramics, serving a wide array of industries and markets – with the vision of making the world measurably better. The company is headquartered in Golden, Colorado, with approximately 5,000 employees worldwide. CoorsTek continues to make significant investments in developing advanced materials and processes for critical applications and is the partner of choice for companies worldwide, whose success requires the unique, high-performance properties of products manufactured from engineered ceramics and advanced materials. The company is committed to delivering outstanding value through operational excellence, research, development, and manufacturing capabilities and collaborative stakeholder relationships. Learn more at www.coorstek.com. Contact Details CoorsTek Holly Leiker +1 303-475-1690 hleiker@coorstek.com Company Website https://www.coorstek.com

December 16, 2021 08:03 AM Eastern Standard Time

Image
Article thumbnail News Release

Instant Grocery Startup VOLY raises one of the largest seed rounds in Australia at $18m

VOLY

Australia's first instant online grocery supermarket, VOLY, has raised AU$18M in one of the nation’s largest ever seed rounds led by Sequoia Capital India, with increased backing from Global Founders Capital (GFC) and Australian-based Artesian Capital. This funding round will enable VOLY to continue to scale, expand the team, rapidly increase operations across key urban centres and start the national rollout. Following its launch in July 2021, VOLY has been preparing to take on the rapid food delivery market by delivering groceries to customers at incredible speed. It aims to make ordering groceries as easy and engaging as browsing Instagram and get them to you faster than you could do a trip to the supermarket yourself. Employing its own riders, delivery centre and store staff, VOLY does away with the need for customers to spend time in physical retail environments by giving people the power to order and receive their groceries in minutes. With a delivery promise of 15 minutes or less; VOLY is set to disrupt the +$122bn local grocery industry. Mark Heath, Co-CEO and Co-founder of VOLY, said: “VOLY is here to completely change the way people shop for groceries by giving Australians back their most precious resource, time. Our model, from a fully employed delivery and dispatch team to the way we use electric bikes to deliver, is designed around the way people live. We firmly believe that our customers have a better experience when our riders and other staff are part of the company, working with us.” VOLY retails most key household products available at any major supermarket - from fresh produce to baby formula and cleaning products - everything you could possibly need, available online seven days a week from 8am-10pm. The winning recipe is instant and free delivery, together with the best quality fresh produce; all sold at retail prices. “We’re doing away with the need to do a weekly grocery shop by providing convenience alongside reliability in a market that offers some of the slowest delivery times in the world. By owning our own supply chain, VOLY delivers at blazing fast speed without compromising on price, quality or availability. We source directly from suppliers, store in our own micro-fulfilment centres and deliver using fully employed and mostly full-time staff. VOLY is the supermarket of the future that is built around our customers, not the other way around,” said Thibault Henry, Co-CEO and Co-Founder. The seed funding announcement sets a new record for a food delivery company in Australia with support from Sequoia Capital India, a renowned venture capital firm. The interest in VOLY follows a new wave of investment in Aussie startups seen as world-class tech companies with potential to scale globally. "Australia's grocery market, which sees $90B in annual spends, is a large and profitable space that continues to be dominated by offline retail. The Sequoia Capital India team was impressed by the strong consumer love for VOLY, their compelling value proposition, and an impressive team of repeat founders that has blitzscaled businesses in Australia before. With on-demand models traditionally scaling very successfully in the country, the decision to lead their seed round and help them scale their business across Australia was an easy one to make," said Abheek Anand, Managing Director, Sequoia India. VOLY was co-founded by Mark Heath and Thibault Henry, who are also co-CEOs of the company and have experience working with on-demand technology brands across the food supply and logistics industries. Mark Heath helped launch Uber in Australia after a career at Goldman Sachs and Thibault Henry built, scaled and sold Balto which was a B2B last-mile business with clients such as HelloFresh, Marley Spoon and YouFoodz. VOLY’s management team includes Chief Technology Officer, Anthony Rey, Head of Procurement Lyana Labrode and Head of Marketing, Josh Peacock. VOLY has been an early hit with customers flocking to the app, spiking a rise of new users and incredibly strong week-on-week growth in sales. While currently available in Sydney across 42 suburbs - VOLY has plans to rapidly expand its offering from January 2022 to reach millions more Australians around the country in the coming months and year ahead. The VOLY application is available on both iOS and Android and at https://www.getvoly.com/ Ends Additional media images can be found here. About VOLY VOLY is an online supermarket and delivery service committed to disrupting the Australian grocery market by offering instant grocery delivery to millions of Australians through its mobile app. Setting new standards in the delivery industry, VOLY employs its own people and riders across micro fulfillment centres around Australia, offering household items to its customers in less than 15 minutes of placing an order. The move to employ riders full-time together with a strategy of vertical integration sets VOLY apart from the ‘gig economy’ and enables it to offer speed and quality without compromising on price. For more visit: https://www.getvoly.com/ About Sequoia Capital India Sequoia helps daring founders build legendary companies, from idea to IPO and beyond. Sequoia India operates in Southeast Asia and India where we actively partner with founders from a wide range of companies, across categories, including BYJUs, Carousell, Druva, Gojek, OYO Rooms, Tokopedia, Truecaller, Zilingo, Zomato and more. We spur founders to push the boundaries of what’s possible. In partnering with Sequoia, startups benefit from over 49 years of tribal knowledge and lessons learned working with companies like Airbnb, Alibaba, Apple, Dropbox, Google, LinkedIn and Stripe early on. From the beginning, universities, endowments and other non-profits have been the backbone of our investor base, which means founders’ accomplishments make a meaningful difference. For more information on Sequoia’s work in India and SE Asia, visit sequoiacap.com/india Contact Details VOLY Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.getvoly.com/

December 16, 2021 08:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Lind to Provide $5M to Boost Prizma Sales to the Growth in Demand for Covid-19 Testing Across California

G Medical Innovations Holdings

TEL AVIV and NEW YORK, Dec. [16], 2021 G Medical Innovations Holdings Ltd. (NASDAQ: GMVD) (the "Company") today announced the pricing of a private placement in the form of a convertible note in the principal amount of $5,000,000 that has a two-year maturity and a fixed conversion price. Proceeds to be used to launch 25 Covid-19 testing centers in California in Q1, 2022. The first six locations are currently in operation as of Wednesday, December 15, 2021. G Medical Innovations Holdings Ltd., a telehealth, medical device, and remote patient monitoring company providing clinical-grade solutions for consumers, medical professionals, and healthcare institutions, Known for its groundbreaking technology, remote patient monitoring devices and services utilized by hospitals and cardiologists across the country, GMedical’s innovative Prizma monitoring device will be offered direct-to consumer for the first time at these testing locations, as part of an aggressive company direct-to-consumer strategy. Prizma is a user-friendly cell phone-sized device that can help monitor user’s vital signs, providing to-the-minute readings for ECG, temperature, oxygen saturation, heart rate, stress levels and blood pressure, help track body weight and glucose levels. Data is presented directly to the user and the designated care provider. Prizma can also be prescribed by physicians to patients with cardiac or respiratory disease, diabetes and other health issues. With the explosive growth in demand for Covid testing across the country, G Medical expects its new California locations to boost Prizma sales. “By offering Prizma at our Covid19 testing sites we are empowering consumers to measure and monitor their vital signs post testing, in the comfort of their own home,” said G Medical CEO Dr. Yacov Geva. “This unique opportunity to introduce our Prizma device to customers face-to-face at the point of sale is an important step forward in our company’s direct-to-consumer initiative EF Hutton, division of Benchmark Investments, LLC, acted as exclusive placement agent for the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward-looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on G Medical’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of G Medical could differ materially from those described in or implied by the statements in this press release. For example, G Medical is using forward-looking statements when it discusses the use of proceeds from the private placement, plans to open as many as 25 Covid-19 testing centers in California in Q1, 2022, its direct-to-consumer strategy and the benefits and advantages of its Prizma medical device. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in G Medical’s prospectus filed pursuant to Rule 424(b)(4), filed with the Securities and Exchange Commission (“SEC”) on June 28, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, G Medical undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. G Medical is not responsible for the contents of third-party websites. Contact: G Medical Service +972 8-958-4777 service@gmedinnovations.com Contact Details G-Medical Innovations Holdings Ltd, Oren Cohen +972 8-958-4786 orenc@gmedinnovations.com Company Website https://gmedinnovations.com/

December 16, 2021 07:00 AM Eastern Standard Time

Article thumbnail News Release

STATHERO DAILY FANTASY SPORTS PLATFORM SEES 5X REVENUE GROWTH, CLOSES A $4 MILLION SERIES A FUNDING ROUND LED BY BFG SPORTS BET

StatHero

This release issued on December 15, 2021 is being replaced with the following corrected version due to multiple revisions. The updated release reads: STATHERO DAILY FANTASY SPORTS PLATFORM SEES 5X REVENUE GROWTH, CLOSES A $4 MILLION SERIES A FUNDING ROUND LED BY BFG SPORTS BET StatHero, the fast-growing head-to-head Daily Fantasy Sports (DFS) app with unprecedented winning percentages and player spend, has raised $4 million in Series A Funding led by BFG Sports Bet. StatHero is the ONLY independent fantasy sports company playable in 34 states StatHero lets DFS players go up against house lineups instead of long odds contests with unknown users. The fantasy sports and sports betting hybrid has become a game-changing force in the DFS space with 400% month-over-month growth in deposits and players betting an average of $1,500/yr; THREE TIMES the average spend of industry leading apps DraftKings and FanDuel. It’s this type of explosive growth that drew the attention of Illinois-based BFG Sports Bet, a venture capital fund with over a decade of experience in the highly regulated gaming industry. BFG is leading StatHero’s $4 million Series A Round of funding that caps a year of 5x revenue growth. The prospect of high-growth potential is obvious, and this marks a significant next step. Monica and Robert Breslow of BFG Sports Bet: “We believe StatHero is the most innovative, exciting, user-friendly DFS platform available on the market today and has potential for tremendous growth. The combination of the gaming market, passion of the founders and the clear innovation of the gameplay itself really set them apart in our eyes. Not to mention the disruption that StatHero has been able to bring to this industry over such a short period of time.” Following a $2 million seed round investment in June of 2020 (also led by BFG) StatHero focused its energy and resources on innovation and development. It has fueled a considerable rise in users and has seen the company’s valuation more than double in the time since. Jason Jaramillo, Founder of StatHero: “ This Series A round is so special to me because our original investors made it a priority to double up on their investment of StatHero. 2022 is going to be very big for us.” StatHero’s combination of next generation technology, skill-based games and low barrier of entry is disrupting the gaming space and enabling players to dive deeper into games while claiming a well over 50% winning percentage. As the company focuses on the future, a Series B round of funding is on the horizon for next spring. Until then, new products, new leagues and new features will be added to complement the slate of head-to-head contests and PARLAYS are next up. About STATHERO Combining the best of fantasy sports and sports gaming, StatHero is a first of its kind daily fantasy sports platform. The company has exploded in growth since founded in 2019 in large part due it’s simple gameplay, low commitment and instant gratification. Stathero uses the familiar fantasy sports based format to allow players to compete against posted lineups across a variety of professional sports and game types including Survivor Pools, Head-to-Head and Fantasy Parlays. Their patent pending gameplay gives players an advantage unlike any other in fantasy sports. It’s truly daily fantasy the way it was meant to be played - one-on-one. For more information, visit: www.stathero.com and follow us on Twitter @StatHeroHq. For media/press inquiries on, please contact: Dianne Quirante, dianne@emcbowery.com About STATHERO Combining the best of fantasy sports and sports gaming, StatHero is a first of its kind daily fantasy sports platform. The company has exploded in growth since founded in 2019 in large part due it’s simple gameplay, low commitment and instant gratification. Stathero uses the familiar fantasy sports based format to allow players to compete against posted lineups across a variety of professional sports and game types including Survivor Pools, Head-to-Head and Fantasy Parlays. Their patent pending gameplay gives players an advantage unlike any other in fantasy sports. It’s truly daily fantasy the way it was meant to be played - one-on-one. For more information, visit: www.stathero.com and follow us on Twitter @StatHeroHq. Contact Details Dianne Quirante +1 323-654-0001 dianne@emcbowery.com Company Website https://stathero.com/

December 15, 2021 02:38 PM Eastern Standard Time

1 ... 529530531532533 ... 654