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Building blocks: SAEKI emerges from stealth with $2.3M funding round for its Robots-as-a-service for manufacturing industry

SAEKI

The architecture, engineering and construction industry has undergone significant changes in recent years yet one major challenge they face is the slow and costly manufacture of large components as part of their installations. Enabling the industry to move faster and efficiently, SAEKI has today launched from stealth with a $2.3M seed funding round to create fully automated plants with industrial robots using 3D technology to create anything from wings for aircraft to construction site installations. The funding round was led by Wingman Ventures including participation from Vento Ventures, Getty Capital and angel investors. Founded in 2021 by Andrea Perissinotto, Oliver Harley and Matthias Leschok, SAEKI works with the architectural design, engineering design and construction services industry to turn complex designs into reality, save concrete and CO2 having developed a new method to produce custom concrete formwork cost-effectively. They achieve this by combining 3D printing, milling, with large industrial robots that can print formwork up to many metres in length, very efficiently and when it comes to design complexity, the opportunity is unlimited. Currently, to develop a lightweight carbon fibre element, or to build a topologically optimised concrete floor slab, buyers would have to wait months and spend vast sums of money to receive a first sample and only then build a prototype, let alone consider reiterating for any flaws. With SAEKI this bottleneck is removed, enabling buyers to rapidly innovate, grow their services and offerings in ways they have not been able to before. Indeed, for large scale items, this has not been previously possible. Andrea Perissinotto, Co-Founder of SAEKI, commented: “From what we build underground, to what we build on earth, to what goes to space, from the construction to aerospace industries, there is a need for large, one-off (custom) components, that are mostly used once a couple of times at most, then scrapped. Manufacturing these parts, from the moulds to make concrete elements to the tooling required to build composite rockets, is labour intensive, has long lead times, and is very expensive. Moreover, these factors delay hardware iteration to get to the final product.” “For vast swathes of industry it’s not practical to own and manage robots that can create what you need quickly. We are at the forefront of addressing this and democratising access to the best tools and creating productive, sustainable and effective outcomes for industry. Long lead times for large components will be a thing of the past and we can provide faster and cost effective iterations. Our comprehensive approach sets us apart - it's not just about being faster or cheaper; it's about providing a complete solution that caters to the entire spectrum of challenges, which is resonating well with our customers.” SAEKI is focussed on building a partnership of trust, support, and mutual growth with its customers. The team currently works hand-in-hand with customers, understanding their unique challenges, and tailoring the microfactories to address their specific needs. This collaborative approach will help the business unleash its full potential. SAEKI is building its first production hub, which will be the blueprint for further expansion. In an industry bottlenecked by manual processes, the company takes on the difficult challenge of solving manufacturing problems, acting as a catalyst and enabler for radical growth and progress across industry. The production hub will offer industrial robots built by SAEKI. The robots will combine multiple digital manufacturing methods, from 3D printing, milling, inspection to creating an all in one low waste production process and recyclable materials. The robots will act as microfactories; self-contained units able to do all the manufacturing steps, easily deployable for localised manufacturing. Additionally, SAEKI will offer a quoting platform tailored to the customers' own business needs to remove the complex opaque approach currently in the market. Edouard Treccani, Principal at Wingman Ventures commented: “We're thrilled to join forces with SAEKI as lead investor of their pre-seed round. Their groundbreaking approach to distributed additive manufacturing has the power to revolutionize sectors from aerospace to construction through disruptive tech, local production and sustainable materials. We look forward to supporting them as they embark on their mission to create yet another deep-tech champion from Switzerland.” SAEKI is building a platform that will allow our customers to transcend the limits of traditional manufacturing, where size, complexity, and efficiency are no longer obstacles but catalysts for progress. In doing so, SAEKI envisions a network of decentralised, robot operated production hubs around the world. Matthias Leschok, Co-Founder at SAEKI added: “In 10 years from now SAEKI envisions lights-out factories filled with SAEKI microfactories autonomously producing complex, material and weight saving formwork for the construction industry, fixtures and tooling for super-sonic jets or composite moulds for the next generation formula one cars. SAEKI’s mission is to empower design freedom to be efficient and sustainable - irrespective of the final product.” About SAEKI SAEKI AG is developing and manufacturing “RDM” (Robotic Digital Manufacturing) microfactories (uFactories) for on-demand fabrication of large-scale components for the construction, automotive, aerospace, marine and energy industries. SAEKI aims to become the leading system/technology provider for large-scale (0.2 to 10+ metres) components that are fabricated using digital manufacturing technologies. SAEKI offers a flexible solution by combining large-scale 3D printing, milling, postprocessing and 3D scanning into one microfactory, operated by a robot. For more information please visit https://saeki.ch/ About Wingman Ventures Wingman Ventures is Switzerland’s leading pre-seed fund, backing founder teams building tech companies with the potential to become global market leaders. Wingman has a track record of supporting exceptional founders in creating breakthrough companies and has the passionate conviction that the Swiss startup ecosystem is just starting to write its best success stories. To learn more, please visit https://www.wingman.ch/ About Vento Ventures "Vento, the Italian chapter of Exor Ventures". Exor Ventures is the venture arm of Exor. Exor Ventures invests in startups from pre-seed to pre-IPO, focusing on discovering exceptional founders with the ambition to build great companies. About GETTY Founded to back era-defining engineering and applied math, GETTY leads, co-leads and collaborates — Seed+ to pre-IPO: https://gettycap.com Contact Details SAEKI AG Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://saeki.ch/

August 10, 2023 07:00 AM Eastern Daylight Time

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News Release

Borroe ($ROE) Revealed: A Game-Changer in the Blockchain World, Setting New Standards and Opportunities for Investors

Blockchain Digest

The Web3 industry has long been waiting for something that will shake it to its core and deliver a brand-new use case that will improve its utility and functionality. And so Borroe ($ROE) was created, providing solutions to many problems that users have faced for years on end. Let’s see what makes this new crypto gem so special that experts predict it will topple the Web3 market and reshape the way it works forever. Visit Borroe Finance Borroe ($ROE) Attracts Thousands with Unprecedented Real-World Utility and Exclusive Benefits In this era where people are monetizing their own work, whether it be their social media posts, videos, blogs, or gameplay, the need for an efficient and easy funding process that will enable creators to obtain funds quickly to get their projects off the ground and develop their businesses is ever-growing. And yet, the traditional financing industry has not delivered a working solution these businesses and individuals can use to sustain their growth and expand their activities. Luckily, this is precisely what Borroe ($ROE) is here to fix. As the world’s first AI-powered funding marketplace, Borroe ($ROE) enables content creators and Web3 participants to raise upfront funds from future recurring revenues such as subscriptions, management fees, royalties, invoices, and retainers. Moreover, Web3 businesses can use Borroe ($ROE) to get instant cash flow by minting NFT representations of future and outstanding invoices, which are sold in the Borroe ($ROE) marketplace at a discount. As such, Borroe ($ROE) is the only place where revenue sellers can directly connect to funders and get the money they need quickly and efficiently without going through all the hassles of the traditional funding process. Borroe ($ROE) will build its deflationary token on Polygon, a powerful Ethereum sidechain known for its advanced security and high flexibility. Borroe ($ROE) holders will also receive exclusive benefits, including invoice buying, repayment rewards, priority notification of new sales, discounted fees, social media share2earn, and more. With all the unique benefits and one-of-a-kind ecosystem it offers, it seems like Borroe ($ROE) could not get any better. But it does! Namely, Borroe ($ROE) is currently in Stage 1 of its presale, where its token is selling at $0.0125. Investors that join Borroe’s ($ROE) presale today will get up to 220% gains once the token hits its $0.040 presale target. So, this is the perfect chance for you to become a part of a project that will bring incredible innovation to the Web3 industry and get massive returns on your investment as a result! What Issues Does Borroe ($ROE) Solve? Borroe ($ROE) is here to address and fix many pressing problems in standard financing, including: High funding costs: Traditional financing institutions charge interest rates, which makes it even more expensive for users to get the money they need. However, this will not be an issue with Borroe ($ROE) as it is Shariah-compliant, which means it is interest-free! Lengthy approval process: With Borroe ($ROE), the waiting time for receiving working capital is minimal, and buyers can get approved within minutes. Weak data security: Because Borroe ($ROE) uses blockchain technology, businesses and individuals can rest assured that their information will leave the platform. Lack of transparency: Borroe ($ROE) will use Polygon’s powerful cryptography to provide full transparency, record all transactions, and eliminate the likelihood of fraudulent activity. Visit Borroe Finance Explore the Borroe ($ROE) Presale: Buy Presale | Telegram | Twitter Contact Details Borroe Finance Borroe Finance Marketing marketing@borroe.finance

August 09, 2023 11:40 AM Eastern Daylight Time

News Release

Binance Coin (BNB) Sees Gains Following Binance Japan Launch, InQubeta (QUBE) Holders Increase Massively

InQubeta

Holders of InQubeta (QUBE) tokens continue to grow at a rapid rate while the Binance Coin (BNB) finally sees some gains off the momentum of the Binance Japan launch. The InQubeta network is a crowdfunding project that provides two much-needed real-world solutions: increasing the flow of capital into firms that advance artificial intelligence (AI) and making investment prospects more accessible. The project’s presale has been a massive success so far, with over $2.1 million in tokens sold in its early stages. The progressive price changes at each of the event’s ten stages put investors who join now in place to 3x their resources before it ends. The BNB coin has been one of the most steady tokens in the crypto space since its launch, but charges filed against its developers, the Binance Exchange, led to prices shrinking. InQubeta (QUBE) presale continues to bring in cryptocurrency investors The success of the InQubeta presale isn’t a huge surprise since it currently provides the most profitable opportunity in the crypto space, setting investors up to grow their investment by up to 400% depending on how early they join in. InQubeta is also generating a lot of interest with bullish artificial intelligence investors who have taken the total invested in the industry from $12 billion in 2015 to $120 billion in 2022. Companies that help to advance the development of AI are poised to enjoy an increase in investor capital. Investments in AI firms are expected to surpass $1.5 trillion by 2030. Projects like InQubeta are perfectly placed to help funnel a substantial fraction of this capital to AI startups. A new way to invest The InQubeta network replaces stocks with equity-based non-fungible tokens (NFTs) that AI startups can sell to generate capital. These firms are first evaluated by the InQubeta team before being allowed to fundraise on the ecosystem. Investors can buy the NFTs of any companies they think have bright futures with $QUBE tokens, acquiring fractional ownership of these firms. Some tokens also give investors other bonuses like discounts on products developed. Investors get full control over their NFTs once sales are done and are free to sell them whenever they choose or hold on to them long-term. Holding on to $QUBE tokens or staking them could earn investors just as much profit as investing in AI firms. $QUBE tokens are currently undervalued and a small 1.5 billion cap and burn taxes encourage their long-term price growth. The InQubeta network uses a democratic protocol for its governance, letting investors vote on major topics that affect its operations and development. The weight behind each investor’s vote is proportionate to their holdings. Visit InQubeta Presale Binance Coin (BNB) enjoys growth following Binance Japan launch The world’s largest cryptocurrency exchange, Binance, recently launched its services in Japan, allowing investors there to trade 34 of the tokens listed on its platform -- more than what any other crypto exchange in Japan offers. Binance managed to infiltrate the Japanese market after buying Tokyo-based Sakura Exchange in 2022. That company’s name was recently changed to Binance Japan. Japanese users will no longer have access to Binance’s global exchange starting in December this year and existing users will be encouraged to switch to the Japanese exchange. BNB prices have enjoyed some growth since the launch, but prices still need to grow by almost 50% to reclaim previous highs set earlier this year. While that could happen, it won’t keep up with $QUBE’s presale growth. Summary The InQubeta presale continues to defy bearish cryptocurrency markets, raising over $2.1 million early in the event and positioning investors to grow their holdings by up to 4x. The project's solution-based approach and excellent token economics virtually ensure its long-term success as it opens up AI investments and helps to fund companies that advance the technology. Visit InQubeta Presale Contact Details Solomon marketing@inqubeta.ai

August 09, 2023 11:09 AM Eastern Daylight Time

As Tiziana Life Sciences (NASDAQ: TLSA) Prepares For Phase 2 Trials, Have They Successfully Derisked Foralumab?

Benzinga

By David Willey, Benzinga Tiziana Life Sciences, Inc. (NASDAQ: TLSA) reports that its upcoming phase 2 trial for lead candidate foralumab’s treatment of non-active Secondary Progressive Multiple Sclerosis (na-SPMS) has already been derisked, given the results from its expanded access program. Developing innovative drugs can be a lengthy, risky process, as there are numerous unknowns that a company has to be prepared for. De-risking in drug development trials involves an early accumulation of as much information about the product as possible and can be an important strategy for companies to reduce unknown variables for future trials. De-risking can tell the company the drug’s safety profile, how its mechanism of action works and what benchmarks to measure going forward. Tiziana has completed its expanded access program for foralumab, and the drug has already demonstrated a robust safety profile and improved the expanded disability status scale (EDSS) score in some patients. Building A De-Risked Phase 2 Trial Tiziana will start its phase 2a trial as a multi-center, double-blinded, placebo-controlled trial – administering foralumab to its na-SPMS patients – and it will use the results from its expanded access program as a primary outcome measure. The company had taken 3-month Positron Emission Tomography (PET) brain scans for the six na-SPMS patients in its Expanded Access program. The chairman of Tiziana's Scientific Advisory Board described the results as “extraordinary,” with five of the six patients demonstrating reduced microglia activation, which suggests possible clinical improvements for the patients. Foralumab works by targeting regulatory T-cells and crossing the blood-brain barrier to dampen neuroinflammation. Inflammation of the brain is caused by activated microglia – the brain’s immune cells – and drives the neural degeneration associated with MS. Foralumab can downregulate microglia activation, leading to potential improvements in the patient's disability status. Foralumab is a first-in-class, fully human anti-CD3 monoclonal antibody (mAb), a class of immunotherapy drugs that target the patient’s immune system. Drugs using mAbs are increasingly common, and the global market for mAbs in 2022 was $210.06 billion. Companies looking to develop MS therapies include Sanofi (NASDAQ: SNY) and Bayer (OTC: BAYRY). However, there are currently no drugs approved by the Food and Drug Administration (FDA) for non-active SPMS. Click here to keep up with developments from Tiziana as it starts phase 2. 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 09, 2023 09:25 AM Eastern Daylight Time

Wishpond Announces Date for Second Quarter 2023 Financial Results Video Conference Call

Wishpond Technologies Ltd.

Wishpond Technologies Ltd. (TSXV: WISH, OTCQX: WPNDF) (the “ Company ” or “ Wishpond ”), a provider of marketing-focused online business solutions, is pleased to announce that it expects to release its Second Quarter Financial Statements and corresponding management’s discussion and analysis for the three months ended June 30, 2023, before market open on Thursday, August 17 th, 2023. The Company will also host a conference call to discuss the results on the same day at 10:00 am PT (1:00 pm ET). The call will be hosted by Ali Tajskandar, Chairman and Chief Executive Officer, and David Pais, Chief Financial Officer. Webinar Details: Date: August 17, 2023 Time: 10:00 am PT (1:00 pm ET) Webinar Registration: https://bit.ly/Results_Q2_2023 Dial-in: +1 778 907 2071 (Vancouver local) +1 647 374 4685 (Toronto local) Meeting ID #: 835 0694 7063 Please connect 5 minutes prior to the conference call to ensure time for any software download that may be required. WISHPOND TECHNOLOGIES LTD. “Ali Tajskandar” Chairman and Chief Executive Officer About Wishpond Technologies Ltd. Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond's vision is to become the leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company offers an "all-in-one" marketing suite that provides companies with marketing, promotion, lead generation, and sales conversion capabilities on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product, for a fraction of the cost. Wishpond serves over 4,000 customers who are primarily small and medium-sized businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions and continues to add new features and applications with great velocity. The Company employs a Software-as-a-Service (SaaS) business model where substantially all the Company's revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker " WISH ", and on the OTCQX Best Market under the ticker " WPNDF ". For further information, visit: www.wishpond.com. Forward-Looking Statements While the Company expects to release its financial results for the fiscal period ended June 30, 2023 on August 17, 2023, and host a conference call on the same day, such statements may represent forward-looking information within the meaning of applicable Canadian securities legislation. The Company will use commercially reasonable efforts to meet such disclosed timelines, however, extenuating circumstances such as delays in accounting review, the availability of employees and consultants, and other pressing business or regulatory requirements which may divert management attention from the preparation of the financial statements and attendance of the conference, among other factors, may cause the Company to not be able to meet such deadlines. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Contact Details Pardeep S. Sangha Investor Relations, Wishpond Technologies Ltd. +1 604-572-6392 investor@wishpond.com

August 09, 2023 07:00 AM Eastern Daylight Time

News Release

Polkadot (DOT) And Solana (SOL) Fall – Investors Buy Into Borroe ($ROE) Presale

Blockchain Digest

As Polkadot (DOT) and Solana (SOL) hit a price plateau, investors are jumping ship and taking profits. As a result, many of them have been flooding the presale of a new crypto gem, which experts predict will deliver massive gains and skyrocket to the very top of the Web3 industry. Borroe ($ROE) is an innovative new Web3 blockchain project, and its presale is red hot. Let’s explore this new crypto shining star and see what makes it so desirable. >>BUY $ROE TOKENS NOW<< Borroe ($ROE) Offering Investors Higher Gains and Unprecedented Real-Word Utility Polkadot (DOT) and Solana (SOL) investors, as well as top market experts and analysts, have been diverting their attention (and money) to a new crypto, Borroe ($ROE), that has massive growth potential and the power to reshape the Web3 industry as we know it. Borroe ($ROE) is a one-of-a-kind AI-powered funding marketplace that enables Web3 participants and content creators to obtain upfront funds from future recurring revenues. Furthermore, Web3 businesses can use Borroe ($ROE) to generate instant cash flows by minting NFTs that represent future and outstanding invoices, which will then be sold in the Borroe ($ROE) marketplace at a discounted price. Borroe’s deflationary native token, $ROE, will be built on the Ethereum sidechain Polygon, meaning that Borroe ($ROE) will have all of the fantastic features that the Ethereum mainnet offers in its arsenal. Additionally, Borroe ($ROE) will provide many outstanding benefits to its token holders, such as repayment rewards, invoice buying, discounted transaction fees, governance membership, and social media share2earn. >>BUY $ROE TOKENS NOW<< Can Polkadot (DOT) Reach $6? Polkadot (DOT) is currently trading above $5.00, still unable to break above its long-term key resistance level and hovering around the $5.20 horizontal support area. As a result, bears predict that if Polkadot (DOT) breaks below $5.20, the Polkadot (DOT) price will dip further down, dropping to $4.80. On the other hand, bulls say that the recent announcement that Polkadot (DOT) will enter the Indian Web3 market will bring many new users to the Polkadot (DOT) network, predicting that this will drive the Polkadot (DOT) price to break above $6. Moreover, bulls are confident that a breakout in the Polkadot (DOT) price is imminent due to Polkadot (DOT) trading inside an ascending triangle since the beginning of July. Is Solana (SOL) Struggling to Keep Up With Competitors? Solana (SOL) has been making efforts to reach the $30 level for quite some time now, failing to do thus far. Solana (SOL) currently trades at $24.68, which signals to Solana (SOL) bears that unless the platform becomes more competitive and introduces new developments and better functionality, the Solana (SOL) price will drop to $20. On the other hand, Solana (SOL) enthusiasts and bulls believe that the recent Ripple victory against the SEC will drive the Solana (SOL) price beyond the $30 level. Moreover, bulls believe that Solana’s (SOL) existing DeFi ecosystem offers excellent opportunities for dApp developers, saying that Solana (SOL) is an attractive network that can entice many new users to come. Borroe ($ROE) Beta Presale Successful The unique functionalities and robust capabilities Borroe ($ROE) offers have already attracted thousands of investors to the next phase of its presale, where its token is selling at $0.0125. Moreover, Borroe ($ROE) has already sold all of the Beta stage supply, with early investors poised to receive up to 300% gains once the Borroe ($ROE) token achieves its $0.040 presale target. Now is the perfect time to join in on this revolutionary project and reap the massive gains and benefits it offers! Read more about the Borroe ($ROE) presale: Borroe Presale: https://borroe.finance/ Telegram: https://t.me/borroe_finance Twitter: https://twitter.com/Borroe_Finance Contact Details Borroe Finance Press press@borroe.finance

August 08, 2023 02:30 PM Eastern Daylight Time

News Release

Borroe ($ROE) Is Poised to Become One of the Best Web3 Tokens in 2023 - Here’s Why

Blockchain Digest

Borroe ($ROE) has started to make gigantic waves in the crypto world on the strength of its amazing scalability solutions and unsurpassed real-world utility. Top experts have singled out this new hidden gem as one of the best Web3 investments in 2023. Let’s see why early Borroe ($ROE) investors can expect enormous returns over the forthcoming public presale and substantial long-term gains when the token hits exchanges. Borroe ($ROE) Attracts Numerous Investors in its Ongoing Beta Stage Borroe ($ROE) has started to deliver on its amazing future potential as the world’s first Web3 Blockchain Invoice Discounting NFT Marketplace. Many crypto enthusiasts have already recognized this fresh Web3 token as an incredibly lucrative investment, which is reflected in the fact that the platform has currently sold over 35 million $ROE tokens. Analysts forecast that Borroe could become the next dominant power in the Web3 industry due to its highly innovative fundraising process. This fresh Web3 platform boasts a seamless automated protocol enabled by secure blockchain technology, AI risk assessment, and streamlined payment solutions. >>BUY $ROE TOKENS NOW<< Borroe ($ROE) Users Extract Unbelievable Benefits From its Equitable Financial Ecosystem The developers of Borroe’s ($ROE) have created this revolutionary platform by adhering to some of the basic Web3 principles such as equitable venue sharing among creators and users. Borroe ($ROE) operates as an AI-powered funding marketplace that allows content creators and Web3 participants to raise upfront funds by selling future earnings from sources like subscriptions, royalties, and invoices. However, businesses in the Web3 community can obtain additional gains from Borroe’s equitable financial ecosystem. Namely, they can generate instant cash flow by minting NFT representations of future and outstanding voices that are later sold at a discounted price in the Borroe marketplace. On the other hand, the deflationary $ROE token will be built on the Ethereum sidechain Polygon and utilize the structural benefits of the Ethereum mainnet. $ROE holders receive several exceptional benefits such as invoice buying, discounted transaction fees, repayment rewards, governance membership, priority notification of new sales, and social media share2earn. On top of that, holders can gain access to premium features such as advanced analytics and priority customer support. Investors can connect their crypto wallets to the Borroe platform and make a deposit in more than a hundred accepted cryptocurrencies. The $ROE token is currently available at an extremely affordable price of just $0.0125, up from $0.01 in the Beta Stage which means that early holders will receive unbelievable 300% gains when the token reaches the $0.040 presale target. However, the rewards are bound to get substantially higher when $ROE hits major crypto exchanges. Don’t miss this chance to secure the highest returns from Borroe’s ($ROE) imminent rise, and invest right away! Explore the Borroe ($ROE) Presale: Website: https://borroe.finance/ Telegram: https://t.me/borroe_finance Twitter: https://twitter.com/Borroe_Finance Contact Details Borroe Finance marketing@borroe.finance

August 08, 2023 01:30 PM Eastern Daylight Time

ToolsGroup And River Logic Partner to Provide a Comprehensive Supply Chain Planning Solution

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announced a partnership today with River Logic, Inc, a global innovator in advanced analytics for planning and decision support, offering both a platform for custom solutions as well as network optimization and production planning and scheduling applications. Combining River Logic’s advanced supply chain design and production capabilities with ToolsGroup’s award-winning demand planning, inventory optimization, and supply planning capabilities, customers can now benefit from a more comprehensive supply chain planning solution. This strategic integration empowers organizations to leverage a unique modeling approach by providing visualization and scenario planning of the physical and financial value chain overlaid with a virtual representation of the actual flow of goods. This enables organizations to benefit from both longer-term strategic supply chain design variations and the resulting impact on inventory and service levels. “As a customer of both ToolsGroup and River Logic, I am very excited by this news,” said Moid Alwy, Chief Supply Chain Officer at American Tire Distributors. “Coupling physical supply chain design decisions with the digital flow of goods moving through the supply chain is the holy grail of the industry.” The ToolsGroup Service Optimizer 99+ (SO99+) supply chain planning solution empowers supply chain teams to make better decisions faster in times of supply and demand volatility. SO99+ provides end-to-end visibility through a digital supply chain twin that models goods and inventory movement. Equipped with probabilistic planning and advanced inventory optimization, the solution leverages powerful artificial intelligence and machine learning to better predict supply and demand requirements. This enables organizations to improve forecasts and reduce on-hand inventory while maximizing service levels. “We are excited to partner with ToolsGroup to enable a more comprehensive supply chain planning solution that, in turn, will offer more value to enterprises looking to establish more resilient and profitable supply chains,” said Carlos Centurion, President of River Logic. The foundation of River Logic’s technology is a Digital Planning Twin™, which helps companies easily, quickly, and thoroughly assess a truly end-to-end set of scenarios. This includes the full value chain as-well as product portfolio, sustainability targets, and the financial impact in terms of profitability, and the ability to finance the operation. “The partnership with River Logic is a win-win for our joint customers, improving efficiency and providing powerful business benefits,” said ToolsGroup CEO, Inna Kuznetzova. “Closely linking supply planning with production planning will improve efficiency and performance for our customers. And connecting actual digital supply chain flows with the digital supply chain planning twin will give supply chain leaders the ability to act more quickly and make strategic decisions with more confidence.” Learn more about this partnership HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 08, 2023 10:30 AM Eastern Daylight Time

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CardSnacks Launches Group Greeting Cards to Enhance its E-Card Offerings

CardSnacks

Miss passing cards around the office to recognize a colleague’s birthday, celebrate the birth of a child, or show sympathy for a loss? CardSnacks, the leading platform for individuals and businesses to send personalized e-greetings and gift cards, has introduced a group greeting card feature that lets colleagues send a single e-greeting with personalized messages from multiple users. The feature, which is available on iOS and Android devices, fills one of the biggest cultural holes in workplace environments since more companies have gone to hybrid or work-from-home models. “Anyone who has ever worked in the office has signed a group card to show love and appreciation for a colleague, but that is hard to do in the current workplace,” said Mark Wachen, founder and CEO of CardSnacks. “For the first time, our e-greetings allow for collaboration, whether you are near or far from your colleagues, this latest feature brings coworkers together to offer collective support and celebration.” The feature is available now for CardSnacks for Business, which is geared toward employee and client recognition and connection. Additionally, it is also available for CardSnacks’ personal offerings, meaning family members or neighbors can also share a single card, as long as they are a registered user of CardSnacks. Like all CardSnacks e-cards, the greetings are customizable, with the ability to add photos, videos, music, stickers, and more. Customers can also attach one of the 400 gift cards from top retailers and restaurants. More than 5,000 different card covers are available so customers can send group birthday cards, group anniversary cards, group thank you cards, and much more. “Creating shared, collaborative cards has always been a wonderful way to show recognition, support, and love to others,” Wachen said. “This new group greeting card feature is a step forward in allowing people who may be physically far away from one another to show deep connection and support, build culture, and solidify a sense of community.” For step-by-step instructions on how to set up a group greeting card on CardSnacks, visit https://www.cardsnacks.com/business/resources. About CardSnacks CardSnacks is the leading platform for individuals and businesses to send personalized e-greetings, invitations, and gift cards. It is based in New York, with employees in California, London, and Israel. CardSnacks is available in the Apple App Store, Google Play Store, and on the web. For more information, please visit us at https://www.cardsnacks.com. Contact Details CardSnacks Media press@cardsnacks.com Company Website https://www.cardsnacks.com/

August 08, 2023 10:15 AM Eastern Daylight Time

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