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Following A Biotech Subsidiary Spin-Off, Here’s a Look at another DSS, Inc. (NYSE American: DSS) Subsidiary, this time in a $193 Billion Industry

Benzinga

By David Willey, Benzinga Premier Packaging Corp is a turnkey paperboard and folding carton packaging company that provides top-quality design, manufacturing, inventory management, and other services. Wholly owned by DSS, Inc. (NYSE American: DSS), a multinational company that incubates and operates a diversified portfolio of companies in nine divisions and around 40 companies, Premier Packaging has seen very healthy increases in revenue and income. In the First Quarter, Premier Packaging contributed (See First Quarter filing with line item revenues and income) to its parent company. DSS recently announced the impending spin-off of one of its biotech subsidiaries, Impact Biomedical, Inc. This spinoff and stock dividend has drawn attention to other companies that are part of the DSS family, including some other potential spin-offs coming this year. Premier Packaging is the only company in DSS’ paperboard and folding carton product packaging division. With more than 30 years of experience in the sector, the company has established itself with a customer-first mentality and seeks to provide innovative solutions at every point of the packaging process. Premier’s Place In The Packaging Industry The premium packaging industry in the United States is currently worth just over $193 billion and is predicted to reach $222 billion by 2028 at a compound annual growth rate (CAGR) of 2.8% over 2022-2028. Along with Premier Packaging, other companies that are active in the paperboard and folding carton packaging industry include Amcor (NYSE: AMCR), WestRock (NYSE: WRK) and Packaging Corporation of America (NYSE: PKG). Premier Packaging looks to be orienting itself toward the future with its Premier Green Initiative which seeks to design and practice environmentally sustainable packaging solutions. The drive for sustainability is already radically transforming the packaging industry and companies that adapt to this new environment could prove resilient in the sector. Premier Packaging reports that it exemplifies this resilient attitude with its environmentally conscious approach. It is committed to crucial and competitive weight and material reduction of its packaging and constantly seeks more sustainable solutions at every point of its supply chain. In fact, the company has met and exceeded all of the sustainability requirements from the Leadership in Energy and Environmental Design (LEED). There are also some commitments Premier Packaging makes to customers to set itself apart in the sector. It provides original creative designs matched with cost-effective production to ensure that its customers get Premier quality at the most affordable price point possible. The company reports extensive experience in strict compliance, and it operates within all the regulations set by the Food and Drug Administration (FDA), government agencies and high-profile companies. Premier Packaging provides comprehensive paperboard and carton folding packaging solutions for a diversified range of industries, including food, beverages, medical devices, consumer products, photos, printing and more. It also offers a vendor management service to give its customers an additional layer of assistance. As part of this service, the company leverages its decades of expertise in supply chain management to offer forecasting, logistics, procurement and inventory management services. DSS’s Premier Packaging subsidiary is an example of the company’s business plan of developing its various business entities to increase enterprise value with the potential of monetizing the businesses for DSS shareholders. Click here to learn more about Premier Packaging. Learn more about what DSS, Inc. is doing to support and spinoff businesses. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 08, 2023 09:25 AM Eastern Daylight Time

GoPro becomes the Official Action Camera Partner of Formula DRIFT

Formula DRIFT

The latest global brand to join the Formula DRIFT family is GoPro, maker of the world’s most versatile camera. This collaboration is the perfect synergy, bringing together the most extreme motorsports series with the best cameras to capture the action. “We’re extremely happy to welcome GoPro to the Formula DRIFT family,” said Ryan Sage, Formula DRIFT President. “Almost since our inception, GoPro cameras have been used to capture some of the most exciting action in our sport. So, we’re delighted to make this collaboration official and be able to capture and share even more of what makes Formula DRIFT unique.” Currently, the latest GoPro cameras, including HERO11 Black and the 360° GoPro MAX, are being used by the series to capture footage for its very popular and free-to-view event livestream. So, the next logical step was to create a dedicated new video series. Called GoPro Chase for the Championship, it commenced at the St Louis Round last month and will continue to the end of the season. Each episode will follow the top drivers chasing the championship title and will be filmed entirely on GoPro. The videos will air over the Formula DRIFT livestream on YouTube and appear on FD’s social media pages for each of the remaining rounds. The GoPro video series will explore how the leading drivers reached their position in the standings and the challenges they face. While GoPro Chase for the Championship will focus on the FD PRO teams, the partnership will also feature FD Experience Presented by GoPro. Hosted by a roaming reporter, the series will drop into FD PRO and PROSPEC competition to capture the action and personalities behind the scenes as well as the fan experience as both Championships ramp up to their Final Rounds. As an additional opportunity for fans, GoPro will attend one of the final rounds to share the latest GoPro technology with attendees, including hands-on workshops with the industry-leading HERO11 Black, plus the mobile-friendly GoPro Quik app, and GoPro Subscription ecosystem. Information about the specific round will be available shortly. NEXT ROUND Evergreen Speedway in Monroe, WA will host the Formula DRIFT PRO Championship Round 6 on August 11-12. Please visit formulad.com for the competition schedule, ticket information, driver profiles, special content, and the event livestream, which will include the new GoPro Chase for the Championship and FD Experience Presented by GoPro series. About GoPro, Inc. (NASDAQ: GPRO) Founded in 2002, GoPro helps the world to capture and share itself in immersive and exciting ways. For more information, visit GoPro.com. Open roles can be found on our careers page. Members of the press can access official logos and imagery on our press portal. GoPro customers can submit their photos and videos to GoPro Awards for an opportunity to be featured on GoPro's social channels and receive gear and cash awards. Connect with GoPro on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube, and GoPro's blog, The Current. GoPro, HERO and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries. ABOUT FORMULA DRIFT Formula DRIFT is recognized as the leading international drifting championship. Established on the streets of Japan, drifting has evolved into a worldwide competitive sport that challenges the driver's skill while demanding a great deal from their vehicle in terms of power and strength. Formula DRIFT provides a series for the best professional drifters from around the globe to compete for the coveted title of Formula DRIFT Champion. As the first official drifting series in North America, Formula DRIFT has taken competitive motorsports to the extreme, attracting drift fans and car enthusiasts from all walks of life, and established itself as the global leader for the sport. For a competition schedule, ticket information, special content and livestream, please visit formulad.com EDITOR’S NOTE The first GoPro Chase for the Championship can be viewed or shared here: youtube.com/watch?v=I2q_-X08XCw More images are available here: dropbox.com/scl/fo/d13m7atpaqtiup8juffnq/h?rlkey=vqnmf4p3g96emupnmc87tzyyk&dl=0 Contact Details Greg Emmerson greg@theidagency.com Company Website https://www.formulad.com

August 08, 2023 06:12 AM Pacific Daylight Time

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Kaleidoscope Raises $2 Million in Additional Funding to Accelerate Growth and Transform Education-Based Philanthropy

Rally Ventures

Kaleidoscope, the leading full-cycle scholarship management platform operating in the education-based philanthropy sector, today announced it raised $2M in a Series A2 funding round. The investment was co-led by Rally Ventures and 3x5 Partners, with participation from existing angel investors. The philanthropy sector is a vast $500B per year industry that allocates more than $160B per year to scholarships and grants for higher education and advancement. However, the sector has long been in need of modern, tech-driven solutions to streamline processes and enhance accessibility for applicants and sponsors. Kaleidoscope’s market-leading platform makes it easy to host, manage and operate branded scholarship and grant programs — allowing sponsoring organizations, donors and applicants to seamlessly connect. The company's breakthrough solution includes a full-service disbursement capability that dynamically distributes and tracks funds awarded to recipients and a unified communications tool that simplifies messaging for applicants, sponsors and supporters. "This investment represents a vote of confidence in our team, vision and ability to transform education-based philanthropy, and in the significant growth and milestones we’ve already achieved in a very short time,” said Jason Von Bank, CEO of Kaleidoscope. “With the additional capital, we will further scale our team and drive product innovation, reinforcing our position as the undisputed leader in the scholarship platform space." "We firmly believe that Kaleidoscope's platform has the potential to revolutionize the way scholarships and grants are managed, making it easy for sponsors to reach the right students and for applicants to reach their highest potential,” said Justin Kaufenberg, Managing Director at Rally Ventures. “The new financing reaffirms our commitment to Kaleidoscope and to driving positive change in education-based philanthropy." With the new infusion of capital, Kaleidoscope is set to accelerate its expansion and innovation, bringing its platform to more organizations and students across the nation. The company remains focused on its mission to channel more dollars into the hands of more students, expediting the scholarship and grant allocation process for the benefit of everyone. About Kaleidoscope: Kaleidoscope is a full-cycle scholarship management platform enabling organizations to fund, design, administer and host branded scholarship and grant programs. The platform uses leading technologies to deliver an end-to-end solution for sponsors, organizations and those they support. Kaleidoscope is building a future where financial aid and funding solutions are smart, cost-effective and as unique as the applicants they serve. Contact Details Rachel Subasic rachel@rallyventures.com Company Website https://www.mykaleidoscope.com/

August 08, 2023 08:03 AM Central Daylight Time

It’s Time to Dominate Direct Mail: AmeriLife Launches Highly Anticipated LeadStar Direct

AmeriLife

LeadStar, the proprietary, private leads platform created with and exclusively for AmeriLife -affiliated agents, announced today that it has officially launched LeadStar Direct, a best-in-class direct mail lead campaign and CRM solution that’s set to transform the direct mail game for health and life agents nationwide – and just in time for Medicare’s Annual Enrollment Period (AEP). “With compliance top of mind for every agent this year, the launch of LeadStar Direct fulfills AmeriLife’s continued promise to our partners and their agents to arm them with the best tools to confidently and reliably grow their books of business,” said William DeCourcy, senior vice president of Growth Marketing and Customer Acquisition for AmeriLife. “Alongside LeadStar Marketplace, we’re incredibly excited to deliver a best-in-class combination of lead generation solutions to market.” Originally announced during Medicarians 2023 and developed in partnership with RGI Solutions, LeadStar Direct provides agents with continuously optimized direct mail campaigns powered by an intuitive shopping experience that allows them to go from sign-up to mailing in just one day. The platform is also regulation ready and 100% compliant with all federal and state-level marketing requirements. Alongside precision targeting capabilities and enhanced data and selection filtering, agents won’t needlessly spend money on targets that don’t meet their qualifications to better maximize their response rates. “In today’s environment, direct mail campaigns require a simpler, more secure and more targeted approach,” added Ovi Vitas, Chief Marketing Officer for AmeriLife. “With LeadStar Direct, agents can be sure that their investments are well spent on a platform designed to deliver smarter, more successful campaigns.” Join LeadStar Direct for an Exclusive Launch Event on Aug. 10 With LeadStar Direct now live, the team is hosting a public launch webinar at 2 p.m. ET on Thursday, Aug. 10, to dive deep into the platform’s features alongside an esteemed group of partners and power uses. To register and learn more about LeadStar Direct, click here. ### About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. About LeadStar LeadStar is the industry’s preeminent enterprise leads program that delivers the compliant, reliable and performative leads that today’s health and life insurance agents need to grow their books of business and maximize their success. Powered by AmeriLife and exclusively for the company’s affiliated agents, LeadStar’s suite of solutions includes LeadStar Marketplace, LeadStar Connect and LeadStar Direct. For more information, contact an AmeriLife-affiliated marketing company or visit LeadStarHub.com. Contact Details Media Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com Company Website https://amerilife.com/

August 08, 2023 09:00 AM Eastern Daylight Time

News Release

Investing in Crypto? Consider the Potential of Borroe ($ROE), Polkadot (DOT), and Avalanche (AVAX)

Blockchain Digest

In the realm of cryptocurrency investments, three assets that warrant consideration are Borroe ($ROE), Polkadot (DOT), and Avalanche (AVAX). Each of them boasts distinct strengths and innovations, but Borroe ($ROE) shines brightly with its dedication to transparency, efficiency, and user empowerment, offering a seamless trading experience. Let’s see which of these assets has the biggest potential. >>BUY $ROE TOKENS NOW<< Borroe ($ROE): Revolutionizing Funding for Web3 Borroe ($ROE) is a pioneering AI-powered funding marketplace. Borroe ($ROE) provides content creators and Web3 participants with the unique opportunity to generate instant cash flows. This can be done by selling future earnings from subscriptions, royalties, and invoices. As traditional funding systems struggle to adapt to the principles of Web3, Borroe ($ROE) embraces this evolution. Borroe ($ROE) provides a platform for businesses to raise funds using NFTs representing their future or outstanding invoices. Through the minting and sale of discounted invoice NFTs, Borroe ($ROE) fosters a peer-to-peer ecosystem where buyers can easily trade these NFTs on secondary markets. During the beta stage, Borroe’s ($ROE) witnessed a 25% surge from its initial price of $0.010 to $0.0125 in Stage 1. Looking ahead to Stage 2, the price of Borroe ($ROE) is projected to reach $0.015. By the end of the presale in Stage 8, Borroe ($ROE) is expected to surge by a substantial 300% from the initial price to $0.040. >>BUY $ROE TOKENS NOW<< Polkadot (DOT) Plunges Upon Binance Futures Delisting On July 27, Binance Futures discontinued Polkadot (DOT) as a margin asset in Multi-Asset Mode. The decision prompted Polkadot (DOT) holders to adjust their portfolios accordingly. The transfer-in limit for Polkadot (DOT) in Multi-Assets Mode has been updated to zero, signaling its removal from the platform. Existing Polkadot (DOT) assets have been automatically converted to USDT. As a consequence of the delisting, Polkadot (DOT) experienced a significant drop in price. Polkadot (DOT) lost 5.7%, from the price of $5.3 on July 27 to $5 on Aug 3. Moreover, the trading volume for Polkadot (DOT) declined by 5.4%, falling from $112 million to $106 million between Aug 2 and Aug 3. Technical indicators are indicating a bearish outlook for Polkadot (DOT), with analysts predicting a potential further decline toward the $4 level in the near future. Balancer Unleashes DeFi Potential on Avalanche (AVAX) Avalanche (AVAX) witnessed a momentous DeFi breakthrough with the official deployment of Balancer on August 1. This strategic move aims to bolster the growth of liquid staking on the Avalanche (AVAX) network while offering users a more versatile DeFi tech stack. Balancer seeks collaboration with four prominent LST protocols on Avalanche (AVAX), including sAVAX, ankrAVAX, yyAVAX, and ggAVAX. The partnership elevates the capabilities of Avalanche's LST and enhances liquidity and market dynamics. However, Avalanche (AVAX) witnessed a downtrend in the last week. Avalanche’s (AVAX) price fell from $13.4 to $12.5 between July 27 and Aug 3, resulting in a loss of 6.7%. Nevertheless, there was a notable increase in Avalanche’s (AVAX) trading volume during the 24-hour period between Aug 2 and 3, rising by 11% from $106 million to $118 million. Despite a slight downtrend in the last week, Avalanche's (AVAX) growing trading volume and Balancer's integration signal new opportunities, fostering optimism and growth for Avalanche (AVAX). Find out more about the Borroe ($ROE) presale here: Website: https://borroe.finance/ Telegram: https://t.me/borroe_finance Twitter: https://twitter.com/Borroe_Finance Contact Details Borroe marketing@borroe.finance Company Website https://borroe.finance

August 08, 2023 06:30 AM Eastern Daylight Time

News Release

Is a Bitcoin (BTC) Bounce Coming? Analysts Suggest DigiToads (TOADS) Presale to Make Big Gains

Blockchain Digest

The cryptocurrency market has been volatile in recent months, but there are some signs that a Bitcoin bounce could be coming. Bitcoin (BTC) has been trading sideways for the past few weeks, and some analysts believe that the cryptocurrency is due for a breakout. One of the reasons for this optimism is the accumulation of BTC by crypto whales. Whales, or large investors, have been buying up BTC in recent weeks, and this suggests that they believe the cryptocurrency is undervalued. Bitcoin is currently trading at around $29,000. Some analysts believe that BTC could reach $35,000 in the near future, while others believe that it could even reach $40,000. Analysts also suggest the strong demand for DigiToads ( TOADS ), a new cryptocurrency project that is designed to be a decentralized platform. Analysts believe that TOADS could make big gains if BTC does bounce. This is because TOADS is a new project with a lot of potential, and it could benefit from the increased interest in the cryptocurrency market. Anticipating a Bitcoin (BTC) Bounce from $29K to $35K Amidst the crypto turbulence, the question arises: Is a Bitcoin (BTC) bounce on the horizon? With its current value hovering around $29K, some experts believe that a potential upward trajectory could push it to $35K. As the pioneer and leader of the cryptocurrency world, Bitcoin holds the largest market cap and has established itself as a reliable digital asset over the years. This recent dip in its price might just be a temporary setback, as historical patterns have shown Bitcoin's ability to recover from similar situations. Investors and enthusiasts are watching closely, considering the potential for a bullish movement. The crypto market is famously unpredictable, but Bitcoin's resilience and historical performance make it an intriguing asset for those searching for a good crypto to buy. While short-term fluctuations are common, the long-term potential of Bitcoin remains a focal point for both seasoned and new investors, as it continues to be regarded as one of the best cryptocurrencies to invest in. Only time will tell whether Bitcoin is gearing up for another remarkable ascent, reinforcing its role as the anchor of the digital currency space. Visit DigiToads Presale Analysts Point to Potential Impressive Gains for DigiToads (TOADS) Presale In the fast-evolving landscape of cryptocurrencies, DigiToads (TOADS) is capturing significant attention, particularly through its highly anticipated presale. With a presale that has already raised a substantial $6.7 million, it's evident that investor interest in DigiToads is reaching new heights. Scheduled to conclude on August 15, 2023, the presale has been meticulously designed to set the stage for DigiToads' future success. The token launch is set for August 21, 2023, adding to the excitement of what lies ahead. The presale comes at a current price of $0.05 per TOADS, a promising entry point for a good investment opportunity. This represents an impressive 400% increase from its initial stage. The launch price is projected to be $0.055, showcasing a remarkable 450% increase. DigiToads' presale is truly remarkable, showcasing a well-structured tokenomics model with precise allocations that underline its commitment to growth and sustainability. The total supply of 585 million tokens has been meticulously apportioned to various essential aspects, ensuring a comprehensive and dynamic ecosystem. Of the total tokens, 405.35 million are exclusively reserved for the presale phase, reflecting the project's strong start and investor confidence. Additionally, 76.99 million tokens are allocated for Community Growth & Liquidity, fostering a robust and engaged user base. Another 42.66 million tokens are dedicated to Competitions & Prizes, fostering a vibrant and interactive community. Furthermore, the allocation of 30.75 million tokens towards development and upgrades underscores DigiToads' commitment to continuous improvement. This thoughtfully designed tokenomics model not only instills trust among investors but also supports DigiToads' long-term vision. By effectively channeling tokens into different avenues, DigiToads aims to strike a harmonious balance between community engagement, technological advancement, and overall growth. Visit DigiToads Presale Conclusion As the cryptocurrency market navigates its fluctuations, speculation abounds about a potential Bitcoin (BTC) bounce. While Bitcoin's trajectory remains uncertain, analysts are shining a spotlight on DigiToads (TOADS) presale, foreseeing substantial gains. Amidst these dynamics, DigiToads emerges as a notable contender, potentially solidifying its position as one of the best DeFi cryptos. The unique blend of P2E gaming, strong tokenomics, and the promise of potential returns positions DigiToads as one of the best DeFi coins to invest in. Visit DigiToads Presale Mint DigiToads NFTs Here Buy DigiToads NFTs on OpenSea Join the community Contact Details DigiToads marketing@digitoads.world Company Website https://digitoads.world

August 08, 2023 06:12 AM Eastern Daylight Time

ASTRO America Announces New Push to Establish Investment Fund for Small Businesses' 3D Printing Development

ASTRO America

Orringer and Gorey meet with top Biden-Harris administration officials and executives of GE Aerospace, Lockheed Martin, and Stifel to advance new public-private partnership ASTRO now talking with potential partners, investors On the heels of an historic meeting at the Pentagon, Neal Orringer, president of the Applied Science & Technology Research Organization of America ( ASTRO America ), lauded key government and industry partners in their efforts to ensure small U.S. Defense suppliers' access to capital and state-of-the-art additive manufacturing or 3D printing. The focus of the meeting was the potential establishment of a Small Business Investment Fund. "I want to thank the Deputy Secretary of Defense and SBA Administrator for hosting this important meeting with our AM Forward colleagues," said Neal Orringer, president of ASTRO. "Recognizing the fragility in America's supply chains, Lockheed Martin and GE are taking the lead in forming a public-private partnership to help provide small businesses with access to capital for additive manufacturing that will help re-onshore American manufacturing and provide economic development and jobs. If approved by the government to move forward, this fund will be a lifeline to help transition small businesses into 21st century manufacturing." ASTRO is the convener of parties and the implementer of AM Forward, helping partner companies support their suppliers’ adoption of additive manufacturing also known as 3D printing technology, in shops, plants, and factories across the nation. The initiative was launched by President Biden last May. Compact partners include Boeing, GE, Honeywell, Lockheed Martin, Northrop Grumman, Raytheon Technologies, and Siemens Energy. A critical objective of the AM Forward initiative is investment in the full spectrum of the defense ecosystem that will leverage advanced manufacturing techniques to produce innovative capabilities. ASTRO is partnering with Stifel Financial, Lockheed, and GE to identify and potentially invest in lower middle market businesses working to increase American national security supply chain resilience while reducing production costs and timelines for critical components through additive manufacturing "We have secured commitments from strategic partners as anchor investors, and are now starting to approach other large aerospace and defense companies active in the additive and advanced manufacturing sectors, as well as more traditional financial investors,” said Jason Gorey, ASTRO’s Executive Director. “ASTRO helped inform the shape and strategy of the fund and views this as an opportunity for strategic investors to have an active role in helping to shape the future of US additive and advanced manufacturing, while also earning a direct return on their investment.” The meeting, convened in the Deputy Secretary of Defense's conference room, included: The Honorable Isabella Casillas Guzman, SBA Administrator The Honorable Kathleen Hicks, Deputy Secretary of Defense Ms. Bailey Devries, Associate Administrator of the SBA (OII) The Honorable Heidi Shyu, Under Secretary of Defense (R&E) Dr. Radha I. Plumb, Deputy Under Secretary (A&S) Dr. Jason Rathje, Director of the Office of Strategic Capital Dr. Joelle Gamble, Deputy NEC Director As well as executives: Ms. Amy Gowder, President & CEO of GE Aerospace Military Systems Mr. Frank St. John, Chief Operating Officer of Lockheed Martin Mr. Victor Nesi, President, Stifel Mr. Neal Orringer, President, ASTRO America Read a statement from Pentagon spokesman Eric Pahon regarding the meeting here. Read a release from the U.S. Small Business Association here. For more on AM Forward, click here. ### The Applied Science and Technology Research Organization of America (ASTRO America) is a 501(c)(3) not-for-profit, non-partisan Research Institute and Think Tank. It was established in 2018 to advance the public interest through manufacturing technology and policy. Led by manufacturing professionals with broad public and private sector experience, ASTRO America supports collaborations by government agencies and companies to address supply chain challenges in highly regulated industries, including aerospace and defense. Find out more: https://www.astroa.org/ The Applied Science and Technology Research Organization of America (ASTRO America) is a 501(c)(3) not-for-profit, non-partisan Research Institute and Think Tank. It was established in 2018 to advance the public interest through manufacturing technology and policy. Led by manufacturing professionals with broad public and private sector experience, ASTRO America supports collaborations by government agencies and companies to address supply chain challenges in highly regulated industries, including aerospace and defense. Find out more: https://www.astroa.org/ Contact Details Elizabeth Heaton +1 202-445-9858 elizabeth@astroa.org Company Website https://www.astroa.org

August 07, 2023 02:02 PM Eastern Daylight Time

News Release

ISC CEO Shawn Peters reveals strong 2Q results and growth plans amidst market challenge

ISC

Information Services Corporation (ISC) CEO Shawn Peters joined Proactive's Stephen Gunnion with details of the company's second-quarter results. Despite challenges during the pandemic, Peters told Proactive that ISC's diversified business structure exhibited resilience, with transactional segments thriving. In the current higher interest rate climate, certain transactional areas, like Saskatchewan Land Registry, faced impacts, while other sectors like KYC and technology remained robust. ISC extended its secured credit facility to include Bank of Montreal (BMO), emphasizing the company's strength and growth prospects. The conversation also delved into ISC's extension of its contract with the Saskatchewan government, which brought about increased debt but reinforced the company's confidence in its sturdy financial standing. Peters indicated that the updated 2023 guidance accounts for the extension's influence on its expected performance. Despite ongoing reduced activity in the registry market due to persistent interest rates, Peters said ISC has maintained a positive outlook, with the rest of the business demonstrating strength. As the third quarter progresses, the company remains committed to its guidance, assuring investors of its stability and strategic focus. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

August 07, 2023 01:45 PM Eastern Daylight Time

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News Release

Revolutionizing luxury living: Phunware's COO reveals cutting-edge MDU solution for residences

Phunware Inc

Phunware Inc. chief operating officer Randall Crowder joined Proactive's Stephen Gunnion with news that the company has licensed its Multi-Dwelling Unit (MDU) Solution to Parkside Residences at Discovery Green, a 43-story residential tower in downtown Houston, Texas, in partnership with MKT Consulting. rowder said the MDU solution, initially tailored for healthcare and hospitality, is making waves in luxury residential buildings, addressing the evolving work-from-home trend. With remote work becoming a norm, people are seeking enhanced digital experiences at home. He said Phunware's MDU solution provides a comprehensive digital platform for luxury residential complexes like Parkside Residences in Houston. The app offers amenities booking, work orders, valet services, keyless entry, and more, all through a user-friendly mobile interface. Crowder highlighted the significance of mobile apps over websites, citing examples like Disney World. Phunware partners with companies like MKT Consulting to deliver these solutions, envisioning broader applications in the residential, workplace, healthcare, and hospitality sectors. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

August 07, 2023 11:55 AM Eastern Daylight Time

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