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Cyvatar Creates First All-in-One Cybersecurity Membership Platform

Cyvatar

Cyvatar today unveiled its all-in-one platform to deliver the first-of-its-kind cybersecurity-as-a-service (CSaaS) offering. The Cyvatar platform is now the de facto operating system for all of its members’ security programs. Cyvatar’s unique membership model levels the playing field by democratizing cybersecurity and making the best protection accessible and affordable for every size organization, even if they have no cybersecurity expertise in-house. With the introduction of the Cyvatar platform, members also get complete visibility into the management of all their security tools from a single pane of glass. The platform demonstrates immediate and concrete results from their cybersecurity efforts with executive-level analytics, rising compliance and risk grades, time to remediation, and ROI calculations. “We’re losing the battle against hacks and breaches; even though more and more security tools are available, sensitive data isn’t getting better protected,” said Corey White, Cyvatar co-founder and chief executive officer. “We launched Cyvatar as the industry’s first subscription-based CSaaS to solve this problem. Rather than simply identifying issues, the Cyvatar platform gives members complete and continuous transparency into all remediation activity to support their security and compliance goals.” By replacing ownership with membership, Cyvatar members can select the freemium plan in seconds at no cost. They can later choose the packages and pricing that meet their unique business needs and they can cancel anytime--another industry first. “Without Cyvatar, you’re basically going to the supermarket and stocking up on all of the best ingredients without a recipe or general know-how to turn those ingredients into a meal,” said Cyvatar Co-Founder and Chief Product and Strategy Officer Craig Goodwin. “If you want to eat, you can’t just keep buying more ingredients; at some point, you have to combine them in the proper order and prepare them at the right temperature to create the necessary outcome--that’s what we do for our members. Our expert team of Cydekicks use the platform to remediate all vulnerabilities in a member’s system and provide CyValue in 90 days or fewer with full transparency into every action they perform.” Become a free member to get your vulnerability scan, remediation plan, and platform access today. About Cyvatar Cyvatar is committed to cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is headquartered in Irvine, California with locations around the world. Begin your journey to security confidence at https://cyvatar.ai/ and follow us on LinkedIn and Twitter. Contact Details Cyvatar Media KC Higgins +1 303-434-8163 kc@cyvatar.ai Company Website https://cyvatar.ai/

March 04, 2021 08:30 AM Eastern Standard Time

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Women Retirees Underestimate the Coming Long-Term Care Tsunami by Jennifer Lang Financial Services

Jennifer Lang Financial Services, LLC

Contact Details Jennifer Lang Financial Services, LLC. Jennifer Lang +1 877-487-8926 mail@jenniferlangfinancialservices.com Company Website https://www.jenniferlangfinancialservices.com

March 02, 2021 10:05 AM Eastern Standard Time

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GC INK™ NEUTRALIZES 100 PERCENT OF CORONAVIRUS AND INFLUENZA VIRUSES IN UNDER ONE MINUTE

Graphene Composites

GC Ink™ neutralizes 100 PERCENT of Coronavirus OC43 and Influenza A virus H1N1 in under one minute Deployed in PPE, air filters and cleaning products to neutralize viruses and bacteria Supports the safe reopening of schools and public buildings Independent tests conducted by Brown University, published recently GC is working with several partners to apply GC Ink™ across a broad range of products As the world's eyes remain focused on the rollout of the COVID-19 vaccines, Graphene Composites, a leading, global nano-materials engineering company, has unveiled a new technology - GC Ink™ - that could make our most vulnerable public spaces safer from the transmission of viruses and bacteria, including Coronavirus, by neutralizing them. GC Ink™ has been independently tested by Brown University to show 100 percent effectiveness at neutralizing coronavirus and influenza viruses in under one minute, and the findings have been published on bioRxiv. This fast-acting, extremely effective, and safe formulation of graphene and silver nanoparticles can be applied to masks and other PPE, and in particular, applied to filters in ventilation systems. When used in filters and masks, GC Ink™ is highly effective at trapping and neutralizing airborne coronaviruses and other viruses/bacteria for several weeks. When used in wipes, GC Ink also leaves a thin, highly effective, safe layer of protection against viruses and bacteria that lasts for 24 hours. GC’s technology is highly effective because it has a dual-action mechanism: the negatively-charged surface of graphene oxide traps the positively-charged parts of water droplets and the protein spikes on coronavirus; the silver nanoparticles release ions that oxidize the lipid membrane protecting coronavirus RNA, thereby neutralizing it. “Making the air that we breathe and the surfaces that we touch much safer could be a key enabler in the safe reopening of schools and other public spaces." said Sandy Chen, GC CEO & Co-Founder. "GC Ink™ is a powerful weapon against not only this pandemic, but against a broad range of viruses and bacteria. We are now moving into full commercialization of our GC Ink™ with several manufacturing partners in a wide variety of applications, from masks to filters to consumer goods.” Brown’s top respiratory virologist, Amanda M. Jamieson, Ph.D., Assistant Professor of Molecular Microbiology and Immunology, who led the tests, said, “Our results show that this technology is very effective at preventing infection by two important respiratory viruses which clearly has important implications for this pandemic and the next one.” As demand for GC Ink™ rises, Graphene Composites is well positioned to scale production to meet demand across the United States and worldwide, with the State of Rhode Island-funded Nanomaterials Center of Excellence at 401 Tech Bridge serving as a key production facility. Brown is now in the process of testing the virus in a BSL3 facility in partnership with the Rhode Island Dept of Health (RIDOH). Because the tested Coronavirus OC43 and SARS-CoV-2 (which causes Covid-19) have similar structures, it is expected that GC Ink™ will prove to be similarly effective against SARS-CoV-2 coronavirus. GC Ink™ formulations are protected by patents pending. About Graphene Composites: Graphene Composites is a world leader in nanomaterials engineering. We are driven by our ethos – GC for Good – working with our partners to apply our expertise in graphene and other nanomaterials engineering to make truly life-enhancing products. About Brown University: Brown’s Jamieson Lab conducted the tests in their Bio Safety Level 2 (BSL2) labs in Providence, Rhode Island, using a standard plaque assay approach, similar to the ISO international standards for anti-viral testing. Further tests are underway. About Graphene Composites: Graphene Composites is a world leader in nanomaterials engineering. We are driven by our ethos - GC for Good - working with our partners to apply our expertise in graphene and other nanomaterials engineering to make truly life-enhancing products. About Brown University: Brown's Jamieson Lab conducted the tests in their Bio Safety Level 2 (BSL2) labs in Providence, Rhode Island, using a standard plaque assay approach, similar to the ISO international standards for anti-viral testing. Further tests are underway. Contact Details Graphene Composites John R. “J.R.” Pagliarini +1 401-261-5811 jr@graphenecomposites.com Company Website https://graphenecomposites.com/

March 02, 2021 09:45 AM Eastern Standard Time

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How New Airbnb Hosts Have Earned $1 Billion During the Pandemic

YourUpdateTV

The COVID-19 pandemic has sent travelers looking for safe, comfortable settings in which to connect with family and friends, creating economic opportunity for others to earn needed extra income by listing their homes on Airbnb. New hosts with only one listing who have welcomed their first guests since the start of the pandemic have already earned more than $1 billion. Recently, Christopher Nulty, Head of Global Public Affairs at Airbnb, discussed this trend and what it means for the future of travel. A video accompanying this announcement is available at: https://youtu.be/kjxmBO8MLKc Families and workers around the world have struggled financially because of the economic hardship caused by the pandemic, and in the US, one in four adults have had a hard time paying bills and one third have tapped their savings or retirement funds. For many, sharing their homes on Airbnb has provided a critical and urgent COVID social safety net to help stay economically afloat in these unprecedented times. In the US, the typical new Airbnb host with only one listing earned $3,900 since March 2020. This is income being used to pay important bills with half of all hosts worldwide using their Airbnb earnings to stay in their homes. During the pandemic, three in 10 US hosts (29 percent) have used their hosting income to pay their rent or mortgage—including half (49 percent) of hosts aged 25-34. One quarter of hosts (26 percent) have used the income to pay down debts, and 10 percent have used it to pay for healthcare. For more information, visit Airbnb.com About Christopher Nulty: Christopher Nulty is Airbnb's Head of Global Public Affairs. Prior to joining Airbnb in 2015, Christopher led public relations for Yahoo CEO Marissa Mayer. Christopher started his career in Washington, D.C., where he worked on Immigration and Healthcare Policy at the 2.2 million member Service Employees International Union (SEIU). A proud native of upstate New York, Christopher is a graduate of Colgate University where he currently serves as a director on the Alumni Council Board of Directors. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

March 01, 2021 11:00 AM Eastern Standard Time

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Cloud Conventions 2021 – The Premier Telecom/Cloud Channel Virtual Event Returns Live May 12-14

Convey Services

Cloud Conventions 2021 will open its 2nd annual virtual conference and tradeshow on May 12-14 offering a unique experience for channel professionals in the telecom/cloud, hosted voice, connectivity, IT and managed services and mobility industries. Co-sponsored by media partner, TR Publications and managed by the MCI Group, this premier industry event redefines the attendee and exhibitor experience for a virtual event with industry and business content, discussions opportunities, networking and strategy sessions, along with more ways to connect individually with peers and exhibitors. “Channel Strategies to Navigate the ‘New Normal’ is the focus of Cloud Conventions 2021,” said Carolyn Bradfield, CEO of Convey Services, founding partner of the event. “We teamed with the MCI Group as our event management partner and TR Publications and their related media to build on the success of our Cloud Conventions 2020 event expanding offerings and audience. Our experience delivering dozens of virtual tradeshows, conferences, summits, and kick-off meetings for our clients has taught us how to design an virtual expo avoiding the pitfalls of events that fail to create an engaging experience for attendees and deliver sales leads to exhibitors and sponsors." "Cloud Conventions 2021 has the potential to bring together one of the largest audiences of channel partners, MSPs, VARs, IT service providers and carriers for an unparalleled virtual event,” said Doug Green, publisher of TR Publications. “Strategies to deliver cloud solutions, connectivity, mobility and managed services are evolving, along with the business models of channel organizations that provide them to business customers. Cloud Conventions 2021 brings together resources, thought leaders, technology and business solutions to ensure that the channel has the tools to thrive in this rapidly changing landscape.” “Managing Cloud Conventions 2021 opens up a vast new market opportunity for the MCI Group,” said James Kelley Director of Business Development, Virtual Events at MCI USA. “Our team has partnered with Convey and their Cloud Conventions virtual event platform to deliver large virtual tradeshows and conferences for the past year. We offer added value to a show like this through marketing and our event management experience and support for exhibitors and sponsors. The MCI Group is committed to growing the Cloud Conventions 2021 event and returning in the spring of 2022 with an even larger live and hybrid industry expo.” In May of last year, the Cloud Conventions 2020 event attracted thousands of attendees over 4 days, with industry sponsors, social engagement and networking, and 78 educational sessions to help channel partners develop pathways to get business back on track and help their customers pivot to a digital work environment in the face of the pandemic. The 2021 virtual event will help channel partners navigate the ‘new normal’ by offering connections to colleagues and providers, powerful educational sessions, along with strategies to stay personally and professionally resilient, agile, and informed. Attendance at Cloud Conventions 2021 is free to qualified industry professionals. Past attendees will receive an invitation to pre-register. New attendees and potential exhibitors can sign up at www.cloudconventions2021.com. The Cloud Conventions 2021 conference and expo is hosted and managed on the industry leading Cloud Conventions virtual event platform, powered by Convey Services. About Telecom Reseller TR Publications reports on UC, UCaaS, CPaaS, mobility, telehealth, SD-WAN, direct routing, collaboration are among the many topics covered. Written for both buyer and seller, IT director and channel leader, TR’s qualified readers include enterprise end users, channel partners, MSPs, CLECs. Content includes news, blogs, podcasts, Educasts, and webinars. TR reaches 25,000 readers daily by eBulletin, 80,000 readers every weekend with their Sunday Report, and 1,900 people daily online. www.telecomreseller.com. About MCI Group MCI is a global engagement and marketing agency. We design human-centric solutions that unleash the power of people to deliver innovation and growth for our clients. Our offering includes live & virtual events, strategic & digital communications, consulting & community solutions. We help brands, companies, associations and not-for-profits solve their challenges, bringing their people together to shape their tomorrow. MCI is an independently owned company headquartered in Geneva, Switzerland, with a global presence in 60 offices across 31 countries. www.mci-group.com About Cloud Conventions Cloud Conventions is a Virtual Trade Show and Conference Platform from Convey Services that brings new capabilities to a marketplace looking for solutions to replace the thousands of live trade shows, annual conferences and association meetings cancelled in the wake of COVID-19. Originally launched as ConveyLive, Cloud Conventions automates exhibitors and virtual booths, attendee registration, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity. Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com or call 888-975-1382. Cloud Conventions™, Community™, Cloud Kickoffs™, Conduct™, One-Touch Email Share™, Hub & Spoke™, 360° Virtual Exhibit Hall & Lobby Experience™ and ListLock™ are trademarks of Convey Services LLC Contact Details Convey Services Bruce Ahern +1 770-580-0810 bahern@conveyservices.com Company Website https://cloudconventions.com

February 26, 2021 02:30 PM Eastern Standard Time

Minuteman Press Franchise Owner Manny Castro Fulfills Lifelong Dream of US Citizenship

Minuteman Press International Inc

After being a permanent resident for over 35 years, Manny Castro has fulfilled his lifelong dream of achieving his US citizenship. As Minuteman Press franchise owner in Downey, CA for 14 years, Manny credits the support of his family and the team at Minuteman Press International with helping him achieve his dream. “I officially became a US Citizen on November 20, 2020, and it feels just great! This is my home; I have been living in the States most of my life and now I can vote. I am really proud of being a Citizen of the greatest country in the world, a land of opportunities for all!” From El Salvador to Entrepreneurship Originally from El Salvador, Manny is proud to be a shining example of achieving the American Dream both in his life and in his career. He says, “To get my US Citizenship after all this time is just an incredible accomplishment. I came to this beautiful country 38 years ago without a dollar in my pocket, no skills, no academic degrees, no English, not even a high school diploma. Just a young teenager at that time, running away from a very conflicted civil war in El Salvador, looking for a better life.” Reflecting back on those painful struggles and thinking about where he is today, Manny exclaims, “All I can say now is God is great, and may God continue to bless this great country that offers people from all walks of life, hope, endless opportunities, and a second chance in life.” Manny has owned his Minuteman Press franchise in Downey, CA since May 2007. During that time, he has successfully built his business while receiving crucial training and support from his franchisor. “My Regional Vice President Dan Byers and Steve Szymanski have always had my back since day one. They both wrote a beautiful letter of recommendation for me, to support my application for my citizenship. It meant so much to me and my family. Dan and Steve were delighted to help when I asked; everything I obtained when applying contributed to me being granted my citizenship. My kids were born here, and my entire family have already become citizens. It was time for me now to take that next step as well and join the millions of proud Americans. I love this country so much, and I’ve met great people along the way. God has opened up so many doors for me here. It is a land of opportunity for all. If you work hard, the sky is the limit.” Journey to Minuteman Press Dan Byers has known Manny Castro for 15 years. He says, “I first met Manny at a Franchise Expo in Pasadena in February 2006 and he was determined to own a business. At the time, he was working at a company that was downsizing and he saw business ownership as a means to financial independence, the opportunity to step up to a new challenge, and a way to regain control of his time.” Manny explains, “I was a distribution zone manager for a weekly publication company. I had researched many other companies and different industries for a while, but none of them gave me the level of confidence that I needed to motivate me and move forward that Minuteman Press did. Once my decision was made and we moved forward with training and opening up my center, they gave me a real solid foundation, and second-to-none ongoing support to this day.” Dan continues, “In an effort to be close to home, Manny converted an independent printing company in Downey to a Minuteman Press franchise in 2007. Time and time again, Manny has been able to successfully manage his business by working hard and treating people – customers, vendors, and employees – fairly and with the utmost respect. Whether it was the Great Recession of 2008 or the COVID-19 pandemic today, Manny has managed to stay positive and remain focused on growing his business by following the Minuteman Press franchise system.” Managing the Business Through the COVID-19 Pandemic Because Minuteman Press Downey is an essential business, Manny and his team have continued to remain open through the pandemic. He says, “We are an essential printing business and able to assist local businesses in any industry – medical, financial, retail, restaurants – and all businesses that continue to operate.” Manny adds, “For our clients, A-Frame signage, banners, floor decals, brochures, and direct mail have all been crucial in keeping their businesses operating safely while communicating with their customers. 99% of our customer base are other local businesses, and I see people are hungry to get back to work, to open up their doors safely, and we are helping them reach out and reopen safely. I’m very optimistic that things are turning back into full force. We have positioned ourselves to be there for our business community and meet their needs.” During the pandemic, Minuteman Press International has once again proven to be there for Manny to support him. He says, “Minuteman Press ongoing support during these unprecedented times has been tremendous. They’ve been there for us since COVID-19 started and provided us with extensive communications, guidance, marketing strategies, and additional resources. For example, when two of my employees needed to be home, Minuteman Press immediately provided me with additional field support to help me out with everything I needed. They are always there and quick to act whenever I need a helping hand or advice.” “We are an essential printing business and able to assist local businesses in any industry – medical, financial, retail, restaurants – and all businesses that continue to operate.” -Manny Castro, Minuteman Press franchise owner, Downey, CA Rewards of Business Ownership + Advice for Others When asked about the rewards of owning his business, Manny answers, “The most rewarding thing is having full control of your life and your financials. It’s very fulfilling to have your own business. I know that if I work hard, I reap the benefits.” His advice for others is this: “I will say Minuteman Press is a great company to partner up with. They are a leader in the printing industry and with over 45 years of experience. For someone like me who did not know about paper sizes and stocks 14 years ago, this meant the world to me. People can review the Minuteman Press franchise and see there are no hidden agendas. There was no pressure to buy the franchise, and they’ve supported me from day one and continue to work with me in achieving my company goals with ongoing coaching and marketing strategies to get there. Our success is their success as well. Minuteman Press has helped me do everything from getting started and achieving my dream of owning a business to helping my essential business during the pandemic.” Manny reflects once more on his incredible journey to US Citizenship, saying, “And now, Minuteman Press has helped me fulfill my other lifelong dream of becoming a US Citizen. For someone from El Salvador to be able to accomplish all of this, I needed to have help along the way. I couldn’t ask for a better franchise to be a part of or better people who are working on behalf of Minuteman Press International to support me with everything I do. Minuteman Press simply has my back, and I couldn’t ask for anything more than that in my business and in my life.” For more information on Minuteman Press in Downey, CA, visit https://www.downey.minutemanpress.com. Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

February 22, 2021 10:00 AM Eastern Standard Time

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CMMC Center of Excellence Announces Engagement Agreement with SteelCloud

Interoperability Clearinghouse

The Cybersecurity Maturity Model Certification Center of Excellence ( CMMC COE ), hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public-private partnership serving the public and private sectors for more than 15 years, is excited to announce a partnership with SteelCloud, a leading provider of capabilities to automate policy compliance, configuration control, and Cloud security. This unique partnership will extend efforts to identify and include proven capabilities within the CMMC COE Marketplace to improve cybersecurity protection and resilience for the global defense industrial base network of contractors, vendors, and suppliers. ConfigOS is SteelCloud’s patented software compliance suite that allows anyone to quickly establish a STIG ( Security Technical Implementation Guide ) and or CIS ( Center for Information Security ) - cyber security compliant environment. The patented software is a complete solution offering scanning, automated remediation, compliance reporting, and external interfaces to other tools. ConfigOS is the only COTS solution on the market that fully automates remediation out of the box, saving countless hours of information assurance labor while establishing enterprise compliance consistency. It addresses policy remediation automation for Windows and Linux operating systems and applications. Learn more at https://www.steelcloud.com/cmmc/ The executed Engagement Agreement establishes a collaborative engagement between SteelCloud and the CMMC COE to partner in the furthering of their respective and complementary missions and objectives regarding the adoption, use, and expansion of CMMC based cybersecurity practices, risk management, and compliance for the DIB contractor, vendor, and supplier community of providers creating a broader CMMC ecosystem globally to improve security and resilience. Specific actions will include: The co-development of CMMC advisory services, cyber training and education programs to accelerate CMMC certification, increase cyber adoption and improve cyber protection & resilience. Co-sponsor symposiums, training programs and podcasts leveraging their combined cyber and IT expertise. Host regular working groups, with other partners, to enable collaboration and communications. Source qualified CMMC/ cyber professionals to serve as advocates. Establish an independent Industry Cyber Security Advisory Council with peer organisations to advise and educate leaders across government and industry on the continued evolution and effectiveness of CMMC. The CMMC-COE ( http://cmmc-coe.org ) and SteelCloud partnership will focus on bringing together the many disparate cyber and national security communities of interest to reduce complexity, improve awareness, and accelerate industry effort to become more cyber resilient against the growing threats from nation states and criminal enterprises. “This is exciting opportunity for us”, said Mr. John Weiler, Chairman of the Board at CMMC Center of Excellence, “This new partnership will further help advance the goals and objectives for improving the supply chain security and resilience of the US Department of Defense (DoD)”. “SteelCloud is excited to forge this partnership with the CMMC-COE,” said Mr. Brian Hajost, SteelCloud President & CEO. “CMMC is a vital program to secure the DoD’s contractor supply chain in order to protect critical U.S information. By working with the CMMC-COE, we can deliver our compliance automation technology and reduce the cost and complexity of CMMC compliance for the broadest range of DIB customers.” The CMMC-COE establishes both a Market Place and Knowledge Clearinghouse that will include resources that support the overall effort, including white papers; tutorials; recorded webcasts; presentations; and more that will help reduce the cost and burden on small and medium size contractors already struggling from the impact of COVID. For more information on the CMMC COE, please visit http://cmmc-coe.org email info@cmmc-coe.org or call 703-863-3766 For more information on SteelCloud, please visit https://www.steelcloud.com/ About Us ---------- CMMC-COE.ORG is a unique non-profit public-private partnership, with a vision to accelerate Cybersecurity Maturity Model (CMM) adoption, and reduce time & cost for security compliance for our partners by leveraging commercial best practices, CMMC standards, and innovative solutions for a measurable success. Our mission, focused on DOD mission objectives, cost containment and expeditious CMMC compliance, is to help the DIB improve cyber posture and resilience, and simplify its acquisition. The CMMC-COE is hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public/private partnership (P3) chartered in 2007 as an honest broker to reach outside the confines of the Federal IT advisories that lack dynamic reach into the Global IT Market, and dedicated to the adoption of commercial IT management standards of practice and innovations emanating from the Global IT market. Team IT-AAC has already demonstrated the value of its decade long investment, and provides a unique value to agencies seeking to achieve accelerate the transformation of legacy processes and systems. Our Just-in-Time SMEs apply an innovative suite of Technology Business Management and Agile Acquisition Processes needed to assure the business value of commercial IT. The Interoperability Clearinghouse (ICH), is the managing partner that make up the 24 NGO/SDO organizations that make up the IT-AAC. ICH provides the contract vehicles, clearances, and critical resources proven to guide sustainable, measurable and repeatable processes needed to drive better investment decisions as the speed of mission need, while aligning existing processes, methods and workforce with IT reform mandates contained in Clinger Cohen Act, FITARA, IT MGT Act, EO13838. Contact Details Bob Dix +1 703-975-6633 bob.dix@it-aac.org Company Website https://cmmc-coe.org

February 22, 2021 08:00 AM Eastern Standard Time

Tech cross-border M&A sustained bullish pace in 2020 according to data from Velocity Global and Pitchbook

Velocity Global

Cross-Border M&A Monitor: Tech Sector released today $200B cross-border IT M&A deal value in 2020 matches 2019 Cross-border IT deal volume accelerated in the second half of 2020 Cross-border IT M&A deal values in 2020 equaled that of 2019, outpacing overall global IT M&A deal value, which was down year-over-year. That data provided by Pitchbook was reported today in the Cross-Border M&A Monitor: Tech Sector published by Velocity Global, the leading provider of global expansion solutions. “Cross-border IT M&A accelerated significantly the second half of 2020 after dealmakers briefly paused at the onset of the pandemic,” said Rob Wellner, Velocity Global chief revenue officer. “Armed with more than a trillion dollars in dry powder at the end of 2020, PE firms represented a record share of the overall volume and helped bolster the deal count. We expect the surge to persist throughout 2021 and drive the need to close fast, move efficiently, and remove roadblocks to close.” Cross-border IT M&A Resilience Cross-border IT M&A remained integral to company growth plans. In 2020, cross-border IT M&A deal value topped $200 billion, approximately the same as the year prior. Furthermore, the cross-border IT deal count paced closely with a record-setting 2019 (1,326 transactions in 2020, 1,551 in 2019). These figures indicate COVID-19 only impacted a brief pullback in Q2 and did not dissuade dealmakers from paying up for transactions. “The global surge in demand for tech services driven by COVID-19 accelerated growth and M&A deals in the tech sector,” observed Wellner. “Remote work, digital health, and e-commerce exploded in 2020 and drove deal activity to keep pace or capitalize on an opportunity to serve enterprise and consumers alike.” Software, IT Services, and Telecommunications top deal sectors At the macro-level, software closed more deals and generated more deal value than any other IT subsector. However, both IT services and telecommunications saw significant spikes in deal value in the past two years. The same held true year over year for cross-border activity. Europe Remained Most Resilient Region; U.S. Tech Giants Bolstered Global Dealmaking Europe remained the most resilient region for cross-border tech M&A. For the second straight year, cross-border M&A value eclipsed $100 billion in Europe, and the region continued to dominate volume with approximately 800 deals (60% of overall cross-border tech volume). This resilience was driven by cyclical consolidation in sectors such as enterprise software and telecommunications. M&A also remained an attractive access point to markets across the continent. Cross-border Carve-outs Remain Complex 2020 cross-border IT carve-out M&A volume was just two-thirds of 2019, and these deal values dropped for a second year in a row. Software deals drove the decline in average cross-border carve-out deal size. The proportion of software carve-outs dropped by almost half from 2019 to 2020, with aggregate value falling by roughly two-thirds. Carve-outs are more complicated than outright, wholesale acquisitions. The need to ensure proper integration plans, conduct operational and financial due diligence, assess isolated financials, as well as overall technology risks in terms of licensing, and transition service agreements (TSAs) make carve-outs extremely complex. Given the geopolitical landscape and the trend toward pricier acquisitions, intellectual property and rights agreements that necessitated daunting TSAs made it more difficult to justify spending significant sums on individual business units or divisions, particularly in software, rather than on outright M&A or in-house development. Hurdles Remained The pandemic presents additional challenges to existing complexities for prospective cross-border buyers and sellers. From a personnel perspective, immigration and recruiting to maintain or grow talent levels are logistically and operationally complex. Nondomestic regulations also thwart nondomestic direct investment and derail deals. Post-merger integration takes longer due to remote communications. Given these hurdles, there was an increased caution brought on by COVID-19, and M&A went forward primarily for safer prospects. Added Wellner, “Companies must prioritize the ‘human element’ in a cross-border transaction. They must solve for employee onboarding, country-specific regulations, and legal jurisdiction management to minimize operational risks and accelerate market entry. Instead of creating foreign entities, companies increasingly implement a flexible solution like International PEO to avoid complicated TSAs, close quickly, and create a competitive advantage.” Download the Cross-border M&A Monitor: Tech Sector here. ABOUT VELOCITY GLOBAL Velocity Global helps companies grow globally. Founded in 2014, Velocity Global’s clients rely on its expertise and global infrastructure in 185 countries to hire compliantly around the world, increase revenue, scale efficiently, and access global talent. Named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall, Velocity Global is a strategic partner to its clients with comprehensive services led by its core offering of International PEO as well as Immigration, Entity Setup and Support, Global Talent Acquisition, and Consulting. Velocity Global is headquartered in Denver, Colorado, with regional headquarters in Amsterdam and Singapore, and local employees in 14 countries. Contact Details Velocity Global John Hall +1 720-650-4348 johnhall@velocityglobal.com Company Website https://velocityglobal.com/

February 18, 2021 07:02 AM Mountain Standard Time

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How to Eliminate Market Recovery Using an IUL by Jennifer Lang Financial Services.

Jennifer Lang Financial Services, LLC

Contact Details Jennifer Lang +1 877-487-8926 mail@jenniferlangfinancialservices.com Company Website https://www.jenniferlangfinancialservices.com

February 16, 2021 10:05 AM Eastern Standard Time

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