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

TCM Propels NinjaInfluence into Cryptocurrencies with Newly Added Internal Payment Capabilities

TCM Digital

Influencer marketing platform NinjaInfluence announced new feature updates adding key competitive advantages for online marketers and eCommerce business. NinjaInfluence’s powerful proprietary technology identifies and connects with over a hundred million social media influencers to discover and connect with the ones that most precisely reach each business’ specifically targeted customers. Newly added features to NinjaInfluence include: Internal payments – the ability to pay influencers from inside the NinjaInfluence platform Related profiles recommendation engine – helps users find wider range of relevant influencers Consolidated CRM-like workspace – single dashboard view for influencer management “These new features provide even more power to our customers, giving them all the speed, accuracy and agility they need so they never get left behind in the high-velocity world of influencer marketing,” said NinjaInfluence CEO Gabi Bar. “The NinjaInfluence platform continues to bring the most advanced, data-driven technologies available to help eCommerce brands find new customers and grow sales.” NinjaInfluence’s new internal payments feature, facilitates flexible and direct payments to influencers from inside the platform itself. NinjaInfluence payment capabilities now include wallet-to-wallet, credit card and ACH transfers, and most significantly, a variety of cryptocurrencies as a way to speed payments, avoid multiple banking systems, encourage followers and save banking fees. “This is crucial because influencers are known early adopters of cryptocurrency,” said Bar. “A majority are known to already own cryptocurrency, and most are rapidly becoming enthusiastic about being paid in cryptocurrency for their content creation.” Additional new features include NinjaInfluence’s AI and ML based profile recommendation engine that allows users to identify additional relevant influencers based on other influencers they search for and interact with. Because NinjaInfluence is constantly scraping to add new influencers, the system provides unprecedented exposure and engagement for eCommerce businesses. Finally, NinjaInfluence has added a unified workspace with CRM-like functionality that allows influencer marketing managers to control all communication, payments, campaigns, tracking and coupons related to an influencer from a single-page dashboard. The added convenience takes NinjaInfluence’s utility and efficacy to a new level. About NinjaInfluence NinjaInfluence streamlines the process of developing and executing influencer marketing campaigns that secure product reviews and endorsements on trending social media outlets, including, Instagram, TikTok, YouTube and others. Scalable and effective through its use of powerful big data technology, NinjaInfluence searches through millions of contacts to intelligently identify qualified influencer leads, and enable the launch of influencer campaigns with traceable ROI. For more information, a free trial or to subscribe to NinjaInfluence, visit https://NinjaInfluence.com/. Technology Commerce Management (TCM) delivers the eCommerce aggregator industry’s first predictive, AI-driven eCommerce performance optimization. Using a combination of big data, artificial intelligence (AI) and machine learning (ML), TCM identifies, qualifies, acquires and optimizes eCommerce businesses with the highest empirical probability of maximizing wealth creation and ROI for all stakeholders. Founded in 2016 and based in Israel, TCM now operates eCommerce businesses on Amazon, Shopify, eBay, Walmart, Wayfair, WooCommerce and more. Learn more about TCM at www.tcmdigital.com and follow TCM on LinkedIn, Facebook, Twitter and YouTube. TCM has engaged Castle Placement, LLC as its exclusive placement agent to raise capital for its eCommerce aggregator platform, and is seeking +/-$104 million to acquire more great brands focused in the U.S. Learn more at https://castleplacement.com/portfolio/tcm/. Contact Details Steve Schuster +1 508-868-5892 steve@rainierco.com Company Website https://tcmdigital.com/

March 08, 2022 08:00 AM Eastern Standard Time

Article thumbnail News Release

OPPO Find X5 Pro's ultra night video mode empowers the story of Joana Pastrana

OPPO

SHENZHEN, CHINA - Media OutReach - 8 March 2022 - OPPO celebrates International Women's Day in collaboration with Director Laura Sisteró to produce the story of Joana Pastrana, who is a world-class boxer and held the International Boxing Federation's mini-flyweight title for three years in a row. Her achievements were hard won through training and self-betterment. Joana Pastrana represents the spirit of OPPO's Save the Night initiative, which celebrates the empowerment of women who find they have to push harder and train longer in a world that can seem out of sync with their ambitions. (Shot on Find X5 Pro) A story of empowerment Joana Pastrana's story is told in a short film made in association with OPPO, directed by Laura Sisteró, and shot in part using the new OPPO Find X5 Pro. It shows what the night can be if we choose to make it so: "In the dark, I just saw an opportunity. While everyone went back home to rest, I was ready to chase my dream," says Pastrana. For her, the night was a time to work, and push harder. Competing in a male-dominated sport only made her self-empowerment more crucial. "I didn't see many women up there," says Pastrana. "I had to become my own role model. And from then on, I never stopped. I trained harder and harder. This was the only way to achieve my goals", she says. After three years of competing in the amateur circuit, Pastrana made her professional debut in 2016. At the time she was the only professional boxer in Madrid. By the middle of 2018 she was already a global champion in her weight class. Pastrana is an inspirational figure, an example of what self-motivation through empowerment can bring. Few could, or would even want to, box at a professional level. However, her words can inspire us all. She says, "the night can be the time to dream wide awake." It's a reminder that while dreams and aspirations may seem remote, they may be within reach. This is a sentiment worth celebrating. (Shot on Find X5 Pro) Behind the camera The aim of OPPO's Joana Pastrana short film was to offer a view into her world. She walks through the empty city streets at night towards her boxing gym, capturing images with the OPPO Find X5 Pro. She straps up her wrists and takes to the ring to train. As she sits at the end of the session, exhausted, Pastrana visualizes the match to come, when all her efforts will be put to the test. The film-making challenge was to capture the emotional and physical investment here in a 90-second format. Director Laura Sisteró's tools were the industry standard Arri Alexa camera and a less likely partner, the OPPO Find X5 Pro. OPPO Find X5 Pro can be the night companion. Its camera is optimized to produce stunning results, for stills or video, even in the most challenging lighting. An OPPO Find X5 Pro will record night-time memories, challenges, victories and defeats, which can form an important part of a motivational journey. The phone was put to the test in the shooting of this short film, used to film some of the more difficult scenes in the piece. The phone used by Pastrana to visually narrate her journey through the street in photo form. Shots of Pastrana training both in and outside the ring used the OPPO Find X5 Pro's Ultra Night Video mode. This marks a paradigm shift in the video quality of OPPO phones, bringing the quality associated with enhanced low-light stills to moving images. "I was quite surprised by the capabilities the phone has to take pictures at night," says director Laura Sisteró. A tapestry of software and hardware in the OPPO Find X5 Pro makes this a reality. Its wide and ultra-wide cameras use large, high-quality Sony IMX766 sensors. 5-axis OIS avoids motion blur and allows for longer shutter speeds, and OPPO's self-developed MariSilicon X NPU fine tunes the camera's advanced processing algorithms to suit each shooting situation. To create a night-time short film with the OPPO Find X5 Pro, take some of the creative choices made in the short film as inspiration. Note how Pastrana is not the only character here. The quiet atmosphere of the streets is brought into focus by the use of Pastrana's footsteps as the primary soundtrack to each exterior shot. This sits in stark contrast to the traffic noise of the first few seconds of footage, shot during the day. Director Sisteró plays with the shadows and light contrasts of the night-time city, and lets scenes bathe in the warmth of street light and the artificial lighting of neon signs. At night, each shadow can be an outlet for creative expression. This visual language is a key part of the telling of Pastrana's story ( https://www.youtube.com/watch?v=g5epW6JpoCw ). The phone is available from mid-March. Read more about the OPPO Find X5 Pro at the OPPO website. #OPPO Contact Details OPPO Media Contact press@oppo.com

March 08, 2022 07:00 AM Eastern Standard Time

Video Image
Article thumbnail News Release

EUCAST LEADER BACK IN UNITED STATES TO PROVIDE 4G and 5G WIRELESS BROADBAND ACCESS

EUCAST

The founder of EUCAST Co. Ltd., a South Korean company with 4G LTE and 5G advanced wireless telecommunication technology, is back in the United States this week. EUCAST and its representatives in the United States are pursuing additional partnerships to provide its state-of-the-art wireless broadband equipment and solutions to rural and remote communities and businesses in the United States. While initially focused on Korea and Japan, EUCAST sees the United States as a critical component of its global growth strategy. EUCAST Global Inc. headquarters was established last month in Denver, Colorado. EUCAST provides wireless communication systems that allow users to access the internet whenever and wherever they want. Its advanced equipment, comprising base stations, control servers, core network, and network management systems, allows users in remote and underserved communities to access the internet. EUCAST also provides private network solutions for businesses that share confidential information. On previous trips to the United States, Jaehyeong Kim, CEO of EUCAST, shared many of its solutions with leading academics, industry leaders, first responders, native American communities, and potential business development partners. EUCAST has already signed a partnership with a Colorado university to involve its students and campus as a "living laboratory". In addition, EUCAST has created a strategic relationship with Clovity, an IoT software solution company to bundle Clovity's artificial intelligence platform with EUCAST’S private network. EUCAST already has an agreement to have field trials at Native American tribal land and at a park area in southern California, where internet service was lacking or even non-existent. EUCAST’s citizens broadband radio services (CBRS) systems, including core network and base stations, will be delivered to the target area this month. “I am thrilled to be coming back to the United States and share how our products can make a difference, especially in areas that struggle with broadband access,” stated Jaehyeong Kim. “From first responders working in emergencies to students dealing with remote learning, or businesses working to reach customers, our 4G LTE and 5G systems provide valuable benefits.” “Instead of expensive and time-consuming construction of cellular towers and more fiber optics cabling, EUCAST provides its network in a box (NIB) solution allowing quick communication system recovery in emergency or disaster situations. These solutions also apply to public safety and military applications,” explained Gary Sumihiro of Sumihiro Investments, LLC, who is bringing EUCAST to the US. “EUCAST products are highly durable and rugged because they have verified quality and performance in Korean and Japanese markets. Furthermore, EUCAST’s less expensive price points and greater flexibility in design customization means less maintenance/support service fees," says Sumihiro. ### About EUCAST EUCAST provides end-to-end advanced wireless access solutions, comprised of base stations, control servers and gateway, core network, network management systems, and user devices. EUCAST has been a leading force in the advanced wireless access technology marketplace for more than a decade. Please visit http://www.eu-cast.com/ For more information or to schedule an interview with a EUCAST spokesperson, contact Dan Rene at 202-329-8357 or daniel.rene@kglobal.com. Contact Details kglobal Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website http://www.eu-cast.com/

March 07, 2022 10:41 AM Eastern Standard Time

Article thumbnail News Release

DealMaker announces acquisition of Ridge Growth Agency

DealMaker

DealMaker, the leading data-driven capital raising technology platform, is pleased to announce the acquisition of Austin, TX based Ridge Growth Agency, the leading digital investor acquisition agency in Regulation A+, Regulation CF, and Regulation D 506(c) capital raises. With expertise spanning “direct to investor” offerings, traditional crowdfunding, and e-commerce, Ridge has emerged as an unparalleled leader in the marketing of online capital raises. Far surpassing the industry standard, Ridge has helped issuers raise over $350M across 30 campaigns in the last 18 months. Their expertise in investor acquisition is unmatched, making them the perfect complement to DealMaker’s best-in-class technology platform. With this combined offering, leading issuers looking to raise capital online “from the crowd” can look to DealMaker for both leading technology as well as powerful go-to-market tools to acquire and convert potential investors. “We’re excited to join the DealMaker team and keep pushing the capital markets forward,” said Jon Stidd, CEO and Co-Founder of Ridge Growth,“There’s a great opportunity to build a lot of ‘best practices’ in investor marketing right into the technology platform, all while we continue to stay hands-on with campaigns for leading issuers.” “From the beginning, our synergies in working with Ridge have been unparalleled,” said Rebecca Kacaba, CEO and co-founder of DealMaker, “It has been a seamless collaboration for our teams since we began working together in the way we both think, act and approach the industry. Retail capital raising offers an enormous opportunity to entrepreneurs in the USA and around the world, and we are thrilled to be pushing the boundaries of what is technologically possible to bring more capital to entrepreneurs everywhere, creating one global capital market. At DealMaker, we continue to make acquisitions that give more power to issuers and create efficiency in the capital raising process.” Full marketing services will be offered to select Reg A and Reg CF offerings under the name DealMaker Reach. DealMaker will continue to collaborate with existing partner marketing agencies to service its pipeline of $1.5B in upcoming offerings. Interested issuers can learn more at www.dealmaker.tech/reach +++ About DealMaker DealMaker is on a mission to create the most sophisticated capital markets tools on the planet, empowering capital to flow faster. It offers a suite of primary issuance, shareholder management, and capital raising solutions including investor ranking algorithms and data analytics tools to support all global private placements exemptions. Its innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker puts forward-thinking organizations in control to run streamlined, successful capital raises in one centralized platform. The company’s offices are located in Toronto, Canada, Austin, Texas and Tampa, Florida. Visit DealMaker.tech for more information. ### Contact Details Kristina Corso +1 908-278-6225 kcorso@hotpaperlantern.com Company Website https://www.dealmaker.tech/

March 07, 2022 09:00 AM Eastern Standard Time

Article thumbnail News Release

MISHA MCCLURE TO LEAD DIGITAL EQUITY AND COMMUNITY IMPACT PROGRAMS AS COMCAST HOUSTON’S NEW DIRECTOR OF EXTERNAL AFFAIRS

Comcast Houston

Misha McClure will lead the Comcast Houston region’s digital equity and community impact programs as the new Director of External Affairs. In this role, McClure will partner with community organizations to help advance Comcast Houston’s position as a digital equity leader through legacy programs that provide important resources residents and business owners need to be successful in a digital world. In 2021, Comcast invested more than $3.5M in Houston-area community organizations and local digital equity programs. “Serving others has always been a big part of who I am,” McClure said. “I’m thrilled to advance our life-changing efforts to close the digital divide and lift-up income-constrained families with affordable and reliable high-speed broadband service. I’m also looking forward to working with our non-profit partners to further our shared efforts that help so many residents and customers.” McClure is a proven public relations and community affairs leader with more than 15 years of experience. McClure joined Comcast nearly nine years ago. In her previous role as External Communications Manager, she created compelling and engaging content for a wide variety of audiences, including amplifying digital equity and community impact efforts through traditional, influencer and social media. Internally, McClure launched the Houston region’s MyAbilities Employee Resource Group and completed numerous leadership development courses. “Misha has worked tirelessly to empower our community with information and programs that have truly made a difference,” Toni Beck, Comcast Houston’s Vice President of External Affairs, said. “In her new role, Misha will continue that work while also blending in her infectious passion for building partnerships that will make the Houston region a more equitable place to live and work.” McClure received a Bachelor of Arts Degree in Mass Communication from Southern University in Baton Rouge, Louisiana. She serves on the Board for Easter Seals of Greater Houston. She is a member of the Public Relations Society of America – Houston chapter and the National Association of Black Journalists. In her free time, Misha enjoys traveling with her family. She volunteers with organizations to help them optimize and grow their brand. To learn more about Comcast’s digital equity and community impact programs, visit houston.comcast.com. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Foti Kallergis +1 832-986-0196 Foti_Kallergis@comcast.com Company Website https://houston.comcast.com/

March 07, 2022 07:02 AM Central Standard Time

Article thumbnail News Release

Blockchain Blockbuster - Egyptian Government Extends Ground-Breaking Customs Project with CargoX

CargoX

CargoX, the global blockchain company leading the world on the digital transfer of trade documents, has announced a long-term extension to its disruptive agreement with the Egyptian government to accelerate the digital transformation of Egypt's trade flows with the world. The public-private partnership Misr Technology Services (MTS) - 80% owned by the Egyptian government - authorized CargoX as its blockchain document transfer gateway service provider for the country’s official NAFEZA single-window trade platform in March last year. Designed to bring trust and transparency to a digital trade environment, systemize Egyptian trade documents and information flow with companies around the world, the NAFEZA solution integrates the CargoX platform for Blockchain Document Transfer (BDT). Usage of the system became mandatory in Egyptian ports on October 1 last year. Since its implementation, the project has surpassed all expectations with CargoX’s blockchain solution already used to seamlessly and safely transfer more than 1,100,000 actual trade and finance documents for more than 75,000 customers. NAFEZA’s triumph has made CargoX the fastest-growing blockchain platform in the logistics industry. It represents one of the most compelling cases for the adoption of the blockchain as a critical tool for streamlining global trade and commerce. Underpinning CargoX’s remarkable success story is some game-changing time and cost-savings for the Egyptian government, importers, and foreign exporters doing business in Egypt. Benefits resulting for users from the adoption of blockchain technology include increased transparency, the elimination of red tape, and a reduction in the average cargo release time from 29 days to 9 days with a notable reduction in container demurrage and storage fees. Compliance costs for shippers have also been slashed from more than USD$600 to USD$165, or less as a consequence of the move onto the blockchain. As part of the extended agreement, the NAFEZA project will now be rolled out to include air cargo and encompass a total number of 30 sites including airports, seaports, dry ports, border posts, free zones, and bonded warehouses. NAFEZA has so far been adopted by more than 32,000 importers, 20,000 exporters, 2,200 brokers, 300 shipping agencies & freight forwarders, as well as more than 74,000 foreign exporters. The system currently handles 12,000 transactions a day. “The use of the platform in the public sector is a revolutionary step for global maritime shipping - and our partners will be forever inscribed in the ledger of history,” said Stefan Kukman, Founder & CEO, CargoX. “We are constantly working on providing great value, confidentiality, transparency, and immutability to our customers and our partners - and we base that value on building digital trust in global trade.” Immediate benefits for the Egyptian government include integrating 26 government bodies associated with cargo clearance, establishing a reliable national data warehouse with high-quality data used to drive the decision-making process for the ministry of finance, trade & industry, transport, and cabinet as well as the digital transformation of 6 trade documents, and the elimination of 11 other documents reducing red tape in the country dramatically. “In pursuit of Egypt’s ambitious strategy for sustainable development and integration into the global economy, MTS succeeded in implementing the national single window for trade across borders to achieve the transformation from 19th Century manual & paper-intensive customs procedures to a modern, state-of-the-art, digital ecosystem and extending it to engage the trade community abroad by partnering contractually with CargoX to leverage their leading-edge technology and advanced solutions,” said MTS CEO and chairman, Captain Ossama al Sharif. As an early adopter of the technology, Egypt has catapulted itself to the forefront of the changes taking place in the digitalization of global trade, said CargoX Chief Business Development Officer, Vjeran Ortynski. “Governments and companies with a strong digitalization agenda are showing the way for all the rest to follow, while gaining a strategic advantage in the global markets. We listen to our strategic business partners and develop features on the platform that are adapted to the needs of the global trade - with specifics that can be tailored to specific needs of our partners and always provide ease of use, value, and savings in time and cost for our global user base,” said Ortynski. About CargoX CargoX Ltd is a global company specializing in document transfer solutions, based on blockchain transactions and an ownership validation platform. The core team of founders brings together more than 100 years of experience in the logistics, banking, programming, IT and blockchain industries. Users of CargoX's BDT platform can upload or create electronic trade documents and then transact ownership of them like money through a global bank, at any time, with the following benefits: For more information: ( https://cargox.io/ ) Contact Details CHARLIE PESTI —The world’s best publicist for supply chain technologies. Charlie Pesti +1 267-439-4355 charlie@pesti.io Company Website https://cargox.io/

March 07, 2022 12:20 AM Central Standard Time

Article thumbnail News Release

IMA Financial Group Unveils the Metaverse’s First Insurance Research & Development Facility

IMA Financial

IMA Financial Group today announced the launch of IMA Web3Labs, the metaverse’s first insurance and risk management research and development facility. It will be located in Decentraland, a virtual world based on blockchain technology. Funded by IMA’s investment arm, IMA Investments Inc., Web3Labs sets new industry expectations for exploring, testing and bringing to market risk and insurance strategies specific to the metaverse. “IMA is known as a thoughtful and strategic partner that finds innovative and effective solutions to manage risk for our clients,” said Paul Washington, Executive Vice President of IMA Financial Group and head of IMA Investments. “Web3Labs allows us to explore the risks associated with digital and meta assets from within the metaverse, so we can better prepare our clients to manage such risks. Our investment in IMA Web3Labs will also enable IMA to explore the infinite applications of blockchain technology to best understand how it might fundamentally shift the landscape of the $1 trillion commercial insurance industry.” With a long history of building risk management and insurance programs customized to clients in complex, emerging industries, IMA recognized a gap between the growth in NFTs and fundamental risk transfer and management strategies to secure them — a gap that leaves business operations in the decentralized finance market at risk, according to Washington. In 2021, $20 billion of NFTs were traded, and the market value of the asset class today exceeds $40 billion. IMA plans to mint its own NFTs and use other tools to advance its expertise in the growing digital and meta opportunities ecosystem. “We aren’t content to take the ‘wait and see’ approach that our industry often favors,” said Justin Jacobs, Senior Vice President of Marketing at IMA Financial Group and architect of IMA Web3Labs. “Society is at an inflection point, proven out by the popularity of meta-platforms. We need the ability to swiftly test, learn and adjust in a meta-native environment so we can build strategies and products that manage risks beyond the confines of the metaverse.” About IMA Financial Group Based in North America, IMA Financial Group Inc. is an integrated financial services company focused on protecting the assets of its widely varied client base through insurance and wealth management solutions. Because IMA is employee-owned, its 1,800-plus associates are empowered to provide customized solutions for their clients’ unique needs. Contact Details IMA Financial Group Ruth Rohs +1 303-615-7513 ruth.rohs@imacorp.com Center Reach Communications Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Company Website https://imacorp.com/

March 04, 2022 12:12 PM Eastern Standard Time

Image
Article thumbnail News Release

New Chicago Office Space Signals VTS’ Expanded Footprint in the Midwest

VTS

VTS — the commercial real estate (CRE) industry’s leading leasing, marketing, asset management, and tenant experience platform, today announced it has signed a 35,914 square-foot lease at Tishman Speyer’s 320 N. Sangamon - a 13-story mixed-use building that was recently completed in 2021 in Chicago’s Fulton Market district. VTS was represented by Savills Vice Chairmen Robert Sevim and Jim Wenk, Associate Cullen Hurley, and Assistant Director Allison Buck. The news comes on the heels of VTS’ notable March 2021 acquisition of Chicago-based Rise Buildings, the property operations and tenant experience technology company. Since the acquisition, the Chicago market has become increasingly important as VTS has grown both its headcount, customer base, and investment in the region, driving the critical need for expansion from its previous space at 312 N May. In addition to its corporate headquarters in New York, VTS currently maintains offices in San Francisco, Los Angeles, Austin, London, and Toronto; the new Chicago space symbolizes VTS’ continued investment in expanding its Midwest presence. Fueling the need for space is significant customer and team growth across every sector in which the platform operates. In addition to the brand’s acquisition of Rise, the platform has continued to expand to provide landlords and brokers with the best data possible across the entire asset lifecycle. Included in that expansion is its October 2021 acquisition of Lane, the workplace experience platform; December 2020 launch of the VTS Office Demand Index (VODI); and June 2020 launch of VTS Market; all contributed to the company’s propelled footprint expansion both domestically and internationally. “Having both a fantastic customer base here along with a deep bench of potential talent made the decision to expand our presence in Chicago an easy one. Fulton Market has emerged as one of the hottest submarkets in the country, and we chose to establish ourselves in an innovative locale that employees want to come to”, said Nick Romito, CEO of VTS. “Specifically, as we double-down on our investment in the tenant experience space and continue to meaningfully grow VTS Rise’s leading team, the area’s rich, diverse talent from surrounding top universities and leading Fortune 500 companies will serve us well. Additionally, with the vision Tishman Speyer has for the asset, we’ll be working with them in making the building a modern example of how technology can transform the entire customer journey for a tenant using the full VTS platform, something we’re very excited about.” With efficient and open concept spaces ranging from 24,800 to 28,200-square-feet, 13’ slab-to-slab floor heights and stunning shared and private terraces, 320 N. Sangamon’s 270,000-square-foot expertly crafted and pet-friendly building is designed to inspire tenants’ prime work and improve their overall well-being. Located on-site are 48 convenient indoor parking spaces, an indoor bicycle room, and numerous community Ridy scooters for a more fitness-focused commute. “320 North Sangamon was the optimal location for VTS to grow and attract the best talent and capture the firm’s vitality,” said Savills Robert Sevim. “The space will allow the firm to create a unique environment across multiple floors and the building offers a robust and attractive tenant amenity package for employees to experience. The Fulton Market district was the right choice for VTS as the dynamic neighborhood features the energy and momentum that mirrors VTS’ enterprising culture.” “We designed and developed 320 North Sangamon to appeal to the world’s most creative and talent-driven companies,” said Tishman Speyer Managing Director, Nooshin Felsenthal. “It is a validation of those efforts to have an innovator like VTS, which resides at the intersection of real estate and technology, choose this location for its Chicago expansion.” 320 N. Sangamon is conveniently situated in the heart of Fulton Market, with numerous retail and dining destinations lining the corridor. The property has nearby access to the Pink and Green CTA rapid transit lines and is serviced by several bus lines as well. Once an industrial area packed with warehouses and factories, Fulton Market has transformed into Chicago’s fastest-growing submarket, and one of the most desired commercial districts in the country - including one-of-a-kind galleries, trendy hotels, and unique shopping spots. About VTS VTS is commercial real estate’s leading leasing, marketing, asset management, and tenant experience platform where the industry comes to make deals happen and real-time data comes to life. The VTS Platform captures the largest first-party data source in the industry, which delivers real-time insights that fuel faster, more informed decision making and connections throughout the deal and asset lifecycle. VTS Data, the industry’s only forward-looking market dataset, and VTS Market and Marketplace, the industry’s first integrated online marketing solution, give landlords, brokers, and tenants unparalleled visibility into real-time market information and the direct connectivity to execute deals with greater speed and intelligence at every point in the planning, marketing, leasing, and asset management cycle. VTS Rise is the industry’s most comprehensive tenant experience solution, offering occupiers, building operators, and visitors an immersive, tech-enabled experience. More than 60 percent of Class A office space in the US and 12 billion square feet of office, retail, and industrial real estate globally is managed on the VTS platform. VTS’ user base includes over 45,000 CRE professionals including respected industry leaders like Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Marino PR Elise Szwajkowski +1 212-402-3495 eszwajkowski@marinopr.com Company Website https://www.vts.com/

March 04, 2022 09:00 AM Eastern Standard Time

Article thumbnail News Release

Volatus Aerospace Makes Strategic Investment in Delta Drone to Solidify Global Drone Presence

Volatus Aerospace Corp.

(TSXV:VOL) (OTCQB:VLTTF) - Volatus Aerospace announced the signing of a definitive agreement on March 3 rd, 2022, to make a strategic investment in Delta Drone SA, a company based in Lyon, France, listed on the Euronext Growth Paris stock exchange. The maximum investment value will be C$807,679 (€576,913), representing a 20% equity position in Delta Drone SA, with an option to increase the shareholding to 45% within 30 days from the Closing date with an additional investment amount not exceeding C$1,009,599 (€721,142). The total investment will not exceed C$1.85M (€1.30M), and Volatus plans to fund this through its existing cash reserves. Delta Drone is a fast-growing drone and robotics company with operations in France, Belgium, Australia, South Africa and Ghana and unaudited annual sales in 2021 of approximately C$23 million (€16 million). Founded in 2011, business activities include the design, manufacture and sale of specialized drone and robotics equipment, the dronification of industrial and event security services, training and commercial drone services with particular expertise in mining and agriculture. The agreement provides that Glen Lynch, CEO of Volatus Aerospace, will become Executive Chairman of Delta Drone. Christian Viguié, currently President & CEO of Delta Drone, will assist Glen, and continue to play a role in the management of the alliance. Under the terms of the agreement, Volatus will support Delta Drone in executing an aggressive business development strategy to better leverage the company's key technologies and capabilities. The following initiatives have already been defined: Evolve from a technology-focused organization to a sales-focused organization Pursue a cost rationalization program to improve efficiencies Suspend all further use of the current Ornan dilutive financing program Build joint sales teams with Volatus to accelerate growth in Europe and expand Delta Drone offers in North America Pursue development in Africa and the southern hemisphere (Australia and South Africa) Create a new relationship of trust with all shareholders "The leveraging of Delta Drone's operations in Europe, Australia and Africa with Volatus Aerospace's operations in Canada, the United States and Latin America will create technical and commercial opportunities across five continents," said Glen Lynch, CEO of Volatus Aerospace. "This investment provides joint access to technologies and expertise that broadens the product and service portfolios of both Delta Drone and Volatus Aerospace and creates a synergistic approach to serving the key interests of customers worldwide." "Delta Drone, Delta Drone International and Volatus Aerospace are highly complementary, and this investment moves us towards creating a truly global player, capable of meeting the needs of a large account clientele around the world," said Christian Viguié, President & CEO of Delta Drone. "With technological solutions and associated services ready to be deployed, we will be able to focus on deeper commercialization and accelerating our growth." The transaction will result in the issuance of 824,162,071 Delta Drone treasury shares that, once issued, will represent 20% of total outstanding shares. The shares issued will be subject to any stock adjustments carried out by Delta Drone before Closing. Consideration will be in the form of cash with the per-share subscription price determined by the Parties, based on the volume-weighted average daily price of Delta Drone’s shares over ten (10) trading days before the Closing Date less a 35% discount, or €0.0007 whichever is lower. The investment amount to acquire 20% will not exceed C$807,679 (€576,913). The Closing for the transaction is scheduled for March 31 st, 2022. In addition to the purchase of the shares noted above, Volatus will be issued optional warrants allowing Volatus to increase its equity position in Delta Drone to 45% of the outstanding shares. The subscription price for the shares if Warrants are exercised at Volatus’ sole discretion will be €0.0007 or the volume-weighted average daily price of Delta Drone’s shares over a period of ten (10) trading days prior to the Closing Date less a 35% discount, whichever is lower. The increased investment not exceeding C$1,009,599 (€721,142), can be done before April 30 th, 2022. Volatus is also being issued with anti-dilutive warrants that will be triggered and exercised when shareholding of Volatus falls below the 45% threshold. Anti-dilutive warrants are priced in a similar way as optional warrants. This transaction is expected to close on March 31 st, 2022, or such other date as may be agreed upon, subject to due diligence, mutually agreed business plan, execution of employment contracts for the leadership team of Delta Drone, any applicable waivers, and any applicable regulatory approval by the TSX-V, AMF and foreign investor approval by the French Ministry of Economy. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL About Delta Drone: Delta Drone Group is a recognized international player in the civil drone industry for professional use. It develops a range of professional solutions based on drone technology as well as all associated services that form a complete value chain. Delta Drone shares are listed on the Euronext Growth Paris market - ISIN code: FR0011522168Also listed on Euronext Growth of BSA Y – ISIN code: FR 0013400991 www.deltadrone.com Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 03, 2022 05:47 PM Eastern Standard Time

Image
1 ... 488489490491492 ... 637