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Comcast Names Jose Espinel to Lead Texas Region

Comcast Texas

Comcast today announced Jose Espinel as the new senior vice president for its Texas Region. Espinel will lead all business functions of the region, including the robust broadband infrastructure expansion of the Xfinity 10G Network in Texas. “I couldn’t get here fast enough,” said Espinel. “Texas is the land of opportunity, and I truly admire the rich diversity of the region and our Comcast Texas team. My priority will be to continue to expand our world-class broadband network to more customers and communities while ensuring our most vulnerable southeast Texans don’t get left behind.” Espinel, a native of Venezuela, brings nearly 25 years of communications and data industry experience to Comcast’s Texas Region. He joins Comcast after a successful tenure at AT&T where he led teams in Arizona, New Mexico and Las Vegas. While in Los Angeles and San Diego, Espinel led AT&T’s consumer mobile business and the Hispanic segment strategy for the region. He also worked with DIRECTV Latin America. “Jose embodies all our cultural touchstones. He’s an inclusive, principled, people-focused, competitive and customer-driven leader,” said Comcast West Division President Rich Jennings. “Our country is experiencing the largest broadband infrastructure expansion of our lifetime, and Jose is ready to lead the charge in Texas so more families and communities can unlock a future of unlimited possibilities.” Espinel joins Comcast’s Texas Region on July 10 and will report to Jennings. “I’m excited to lead this incredibly talented and dedicated Comcast Texas team and continue to provide reliable service to, and serve, the wonderful communities in the region,” said Espinel. “I am also looking forward to spending more time with family members who are proud and long-time residents of the area.” Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, 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 Comcast | Texas Region Steve Campion +1 832-920-2001 Steve_Campion@comcast.com Company Website HTTPS://www.ComcastTexas.com

July 10, 2023 07:02 AM Central Daylight Time

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Touchless Wireless Power Could Be The Future And WiGL (Pronounced Wiggle) Reports Making It Possible — Just Ask ChatGPT What Edison And Tesla Would Say About The Industry

WiGL Inc

By Faith Ashmore, Benzinga Click here to invest in WiGL and be a part of their growth story! Wireless power technology has gained momentum recently, with the development of wireless charging pads and other devices. The market for wireless power is projected to grow significantly in the coming years, with the increasing demand for more connected mobile devices and the need for convenient charging solutions. The global wireless charging market is projected by some estimates to exceed $63.7 billion by 2032, with a projected CAGR of 24.2% from 2023 to 2032. While wireless power technologies have made significant strides in recent years, there are still debates over technical issues that should or shouldn’t be addressed. One of the main issues is the efficiency of wireless power transfer, which is lower than wired charging. This can result in longer charging times and energy loss during the transfer of wireless power. Some critics have also brought up concerns about the safety of wireless charging, particularly with regard to the potential health effects of exposure to electromagnetic fields. Hampton, Virginia-based WiGL is working to solve these issues with its networks of transmitters to power or recharge the Internet of Things (“IoT”). Similarly to how WiFi gets you wireless internet, WiGL gets you wireless power. Although the technology – like AI – is still developing, the company is at the forefront of the energy conversation, creating systems to create, transmit, and store energy. And with over 4, multi-year contracts with the United States Department of Defense, WiGL appears to be headed in the right direction. Under these contracts, WiGL is using Federal Communications Commission-approved transmitters to address safety concerns and smart power management to address efficiency. But being cutting-edge requires cutting-edge thought and vision. So WiGL ran an interesting simulation on ChatGPT that asked what Elon Musk, Nikola Tesla and Thomas Edison would say about 100% touchless Wireless Power Transfer (tWPT) in the coming years. As it turned out, the AI simulation weighed favorably on WiGL’s tWPT technologies. As the IoT evolves, technologies that make people’s life easier and more accessible will be at the forefront of the conversation. WiGL seems well-positioned to be a leader in the creation - transmission - storage of power industries – and their patented technologies continue to catch the attention of the United States Department of Defense. The company reports that compared to its closest competitors and partners – Energous (NASDAQ: WATT) and Huawei – WiGL feels its patented technologies have far superior long-distance applications. WiGL’s technologies work just like traditional WiFi. Similar to how WiFi works, WiGL-enabled networks of transmitters use the same raw radio frequency as noise. But WiGL uses that noise to charge IoT devices, including cell phones. This technology could allow people to be truly mobile. Investors currently have a chance to invest in WiGL – the company is currently hosting it’s 3rd raise on StartEngine. The company was the first Reg CF on StartEngine to hit the $5M cap, and with its team of industry leaders, it will be interesting to see how the company evolves following this next raise. Click here to check out WiGL’s StartEngine page, and how to invest! WiGL is the umbrella technology creating the future for smart, touchless, networked wireless power. WiGL, (pronounced “wiggle”), is bringing new technologies developed for the Department of Defense to make everyone’s life more convenient.. by creating a network of targeted energy to power or recharge the Internet of Things (“IoT”). WiFi gets you wireless internet, WiGL gets you wireless power. The preceding post was written and/or published as a collaboration between Benzinga's in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuer's securities. This content is for informational purposes only and is not intended to be investing advice. This is a paid ad. Please see 17b disclosure linked in the campaign page for more information. This Reg. A+ offering ( bit.ly/3vTfufH ) is made available through StartEngine Primary, LLC, member FINRA/SIPC. Please read the Risk Factors ( bit.ly/367hpCM ) disclosure before investing. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion. Contact Details Marie Wise +1 757-778-8765 Info@WiGLInc.com Company Website https://www.startengine.com/offering/WiGL

July 07, 2023 09:00 AM Eastern Daylight Time

News Release

Phunware enhancing hospitality with Smart Hospitality Solution in Thumper Pond Resort launch

Phunware Inc

Phunware COO Randall Crowder joins Proactive's Natalie Stoberman to share the details of its newly announced collaboration with Minnesota's Thumper Pond Resort to launch Phunware's Smart Hospitality Solution. Crowder says Thumper Pond Resort offers a picturesque setting with a championship golf course and various amenities. Coupled with Phunware's mobile Smart Hospitality Solution, Crowder explains that Thumper Pond can allows guests to maximize their experience at the resort. Crowder shares how the application leverages Phunware's advanced location software, enabling users to navigate the property easily, both indoors and outdoors where guests can explore the golf course and conveniently order food and drinks from anywhere; ensuring prompt delivery. The app also incorporates contextual engagement, sending personalized messages based on guests' location and preferences. Phunware also utilizes artificial intelligence to craft these messages while maintaining a human-centric connection with guests. The aim is to transform guests' smartphones into mobile concierges by offering personalized and efficient services. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

July 06, 2023 04:31 PM Eastern Daylight Time

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Consumer Staples Sector ETF XLP for Uncertain Times

Select Sector SPDR

With consumer prices rising, it’s important for advisors and investors to understand the role the Consumer Staples sector plays in a diversified portfolio, especially in these times of higher than usual inflation. When inflation doubles, as the U.S. economy has seen over the last 12 months, consumer spending habits typically shift to frugality. Buying new Nike shoes and Coach purses can be put off, but spending on essentials like toothpaste, not so much. The Consumer Staples ETF ( XLP ) tracks a market-cap-weighted index of consumer staples stocks selected from the S&P 500 and can be reflective of the shift in consumer spending toward basic consumer staples versus discretionary services. XLP’s top holdings* are Procter & Gamble (14.45%), Pepsi (10.31%), Costco (9.65%), and Coca-Cola (9.47%). Rounding out the top 10, all with significant weightings, are Walmart, Mondelez (one of the world’s largest snack maker who owns Nabisco and Cadbury), tobacco companies Philp Morris and Altria, Colgate-Palmolive, and Target. A Walk Through the Grocery Store XLP represents a typical walk through a grocery store or the stores themselves. This is a very simple ETF to understand under the hood. XLP delivers a representative basket of consumer staples firms. Because XLP pulls its stocks from the S&P 500 rather than the broad market, the fund’s holdings are nearly all large caps, which investors may appreciate for their familiarity and stability. The Consumer Staples Select Sector SPDR fund seeks to provide exposure to stocks in the following industries: food and staples retailing, beverage, food products, tobacco, household, and personal products. The index is rebalanced quarterly to meet diversification requirements. XLP was launched in 1998, making it a stalwart on the ETF market. The ETF has been through recessions, the Great Financial Crisis, and today’s choppy economic times. With over $17 billion in assets under management and a low-cost expense ratio of 0.10%**, XLP offers advisors and investors an easy and inexpensive way to access this basket of large-cap companies that service basic consumer needs. ETF investing can be simple to understand and convey to clients with a fund like XLP. The constituents are everyday products and the retailers where consumers patronize. The key is understanding the role XLP can play in a diversified portfolio, and that it is one that has been battle tested during uncertain economic times and rising inflation. The consumer will always need basic consumer goods. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 6/30/23 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006690 EXP 9/30/23 Contact Details Dan Dolan dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

July 06, 2023 01:40 PM Eastern Daylight Time

ToolsGroup Improves Supply Chain Visibility, Usability, and Power in the Mid-Year Enhancements to SO99+

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, has announced the latest version of its Service Optimizer 99+ (SO99+) software, enhancing visibility, explainability, and usability across all of its demand and supply planning functionalities via powerful automation and artificial intelligence. This is the latest of the company’s significant strides toward making supply chains a force for good by helping organizations improve service levels, reduce excess stock, eliminate waste, and increase profits. With the release of v8.61, ToolsGroup provides additional transparency and accuracy while increasing the power of SO99’s AI-driven, probabilistic forecasting engine with expanded capabilities that now deliver: - Automated New Product Introduction (NPI) Suggestions which automatically identify anomalies within NPI forecasts and recommend scenarios to most effectively address them. - Seasonality at Item/Area Level which improves forecasting results by delivering more powerful clustering that better accounts for SKU-specific seasonality. - Enhanced Misaligned Forecast Value Alerts which explain why forecasts are not aligned to historical sales so organizations can move more quickly and decisively. - Alternative Transportation Mode Updates to existing on-order expedite optimization functions. This capability now automatically recommends the most economically convenient option for each customer order, best aligned to their organizational goals. Among ToolsGroup’s numerous satisfied customers is GranTerre, one of the preeminent operators in the Italian agro-food sector. “GranTerre has been a ToolsGroup customer for many years, and we value their commitment to innovation,” said Massimo Corradi, Supply Chain & Logistics Director, GranTerre. “We are excited to see these enhancements to SO99+ and the improvements they will bring in visibility, explainability, and power.” Delivering unparalleled value to customers, these exciting new capabilities join other recent dynamic planning enhancements to SO99, including: - An Industry-Leading NPI Dashboard that enables users to better leverage historical data to create and refine forecasts for new products. - Aggregate Forecasting & Re-Forecasting Based on Pre-Orders that enables forecasting at any aggregate level without losing nuanced details. - Dynamic Multi-Sourcing that allows users to plan simultaneous replenishment from multiple suppliers, while also selecting back-up suppliers and creating order triggers. - Probabilistic Bill of Materials, one of SO99’s most popular recent capabilities, that factors in the probability of certain components being used and determines the quantities needed for a BOM at the start of the planning process. “SO99+ is the industry leader in probabilistic planning techniques, multi-echelon inventory optimization, and AI,” said Inna Kuznetsova, CEO of ToolsGroup. “The release of SO99+ V8.61 supports our development goals of improving visibility, enhancing explainability, and increasing the power of our demand and supply engines. Customers trust ToolsGroup to deliver on their business goals while improving sustainability, helping to make their supply chains both a competitive advantage and a force for good.” With over 400 customers located in 45 different countries, ToolsGroup’s SO99+ provides the power of dynamic planning, driving intelligent decision-making at the speed of business. Customers report a 5-10 percentage point improvement in forecast accuracy and a 3-5 percentage point increase in service levels while simultaneously achieving a 20-30% inventory reduction. Thanks to built-in automation, customers cut the planning workload by up to 90% and reduce waste by 10-30%. For more information about SO99+, read our blog on the v8.61 release 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

July 06, 2023 10:30 AM Eastern Daylight Time

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Bitcoin hits new high in June, Shiba Inu and Tradecurve to follow

Tradecurve.io

Crypto enters a new cycle, but the capital patterns remain the same. These patterns have allowed thousands of investors to generate incredible wealth and work every cycle. Bitcoin (BTC) leads the market and breaks out, there is a minor retrace, then Ethereum (ETH) leads the second leg, and finally, altcoins enter a mania phase and begin mooning. Investors need to use their heads. Bitcoin (BTC) hit a new high in June, meaning the next logical move is to load up on altcoins. Especially Tradecurve (TCRV) and Shiba Inu (SHIB), both earmarked to become market leaders. >>BUY TCRV TOKENS NOW<< Tradecurve (TCRV) Ready For 5,000% Move to Upside No marketplace in the world rewards innovation as positively as crypto. And Tradecurve pioneering a new trading pair model has led analysts to forecast a whopping 5,000% surge before the protocol finishes its presale! Tradecurve takes the best features from centralized exchanges, namely institutional-level liquidity and slippage-free trading, and brings them on-chain. This fully decentralized trading platform leverages a unique hybrid infrastructure to make this possible, giving the CEX trading experience with the DeFi custody approach. Instead of high commissions, Tradecurve employs transparent on-chain pricing, and its dedication to total transparency can be seen in the protocol’s roadmap, which features the integration of Proof of Reserves. The innovation of Tradecurve comes from financial inclusivity and financial access. The protocol pushes both forward and on Tradecurve, investors can collateralize crypto and use it to trade across asset classes. These include forex, commodities, ETFs, stocks, bonds, and crypto. >>BUY TCRV TOKENS NOW<< Moving away from the crypto-to-crypto pairings typical of on-chain trading platforms and introducing crypto-to-derivatives pairings adds depth to DeFi trading markets. Tradecurve makes trading within DeFi more robust and provides the perfect venue for traders who want real access to financial markets. Tradecurve boasts multiple financial instruments, a focus on privacy, and even artificial intelligence integration in the form of AI trading algorithms for $TCRV holders. Easily one of the most undervalued altcoins, and presale participants will likely net 100X on their initial investment when $TCRV launches on centralized exchanges. Shiba Inu (SHIB) Flags Bullish Signals Shiba Inu (SHIB) has regained investors’ attention after technical analysis signals that Shiba Inu (SHIB) looks ready to break out. Further impressive metrics from Shibarium, the new layer two chain for Shiba Inu (SHIB), fuel this bullish pivot. The testnet has executed over 25 million transactions and attracted more than 17 million unique wallets. But the best news for Shiba Inu (SHIB) holders comes from introducing a long-term source of buy pressure. Shibarium will use $BONE, one of the native tokens of the Shiba Inu (SHIB) ecosystem, for gas. And this $BONE will be stored and periodically used to burn Shiba Inu (SHIB). Price predictions from analysts lean bullish, with a forecast range between $0.0001395 and $0.00001616 for Shiba Inu (SHIB) in 2024. Learn more about Tradecurve and the TCRV token below: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram Tradecurve is a hybrid trading exchange that combines the best elements of centralized and decentralized exchanges. Tradecurve enables users to effortlessly trade forex, stocks, commodities and crypto all from one account without the need to fulfil strenuous KYC requirements. We believe that trading should be borderless and everyone should have the opportunity to control their financial futures, welcome to the future of online trading. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies may go down as well as up. Profits may be subject to capital gains or other taxes applicable in your jurisdiction. Contact Details Tradecurve promotions@tradecurve.io

July 06, 2023 09:07 AM Central Daylight Time

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As IMF Deputy Director Issues AI Warning, Workers Are Unprepared For Disruptions Caused By Advent Of AI – Amesite Is Looking To Change That

Amesite Inc.

By David Willey, Benzinga Click here to download the latest research report on Amesite. The technology of tomorrow is rapidly becoming the economy of today, and governments and workers are unprepared for the changes, said Gita Gopinath, Deputy Director of the International Monitory Fund (IMF), in a recent interview with the Financial Times. Artificial intelligence (AI) is here to stay, and it is already changing how people live and work. As technology reshapes the marketplace, governments and institutions need to act fast, both in terms of implementing regulations but also “also in terms of preparing for probable substantial disruptions in labor markets,” said Gopinath. She highlighted the potential for particularly extreme changes – that will include both benefits and disruptions – coming from large-language models like ChatGPT. In previous decades, the assumption has been that individuals and economies would adjust to new technologies. “The lesson we have learned is that it was a very bad assumption to make,” concluded Gopinath. That is why online platform and course developer Amesite (NASDAQ: AMST) has made it its mission to help institutions upskill both students and workforces. It is rejecting the complacency model that has failed workers in the past and is working with businesses, universities, government agencies and others to help prepare them to thrive in a changing economic and technological environment. Amesite Works With Business And Schools Amesite has always had a technology-first approach, and to support its eLearning offerings, the company recently launched Version 6.0 (V6) of its platform website. Amesite’s white-label, scalable platform is designed to host courses from businesses and learning institutions that help them upskill and reskill their employees. As part of its commitment to helping the transition to an AI-powered economy, it launched a free course on the fundamentals of ChatGPT and has integrated several AI capabilities into V6. Amesite is positioning itself as a leader in adopting AI in the educational sector, which it believes places it at the vanguard of AI development and integration. An Ipsos survey from late 2021 found that education was the sector people thought most likely to be impacted by AI. Bill Gates has also recently commented on the transformation that AI could bring to education, saying AI has the potential to take learning to a “whole new level.” One way Amesite is helping change education is through its partnership with the National Association for Equal Opportunity in Higher Education (NAFEO). Amesite is working with NAFEO-affiliated colleges and universities to deliver upskilling content through NAFEO’s Center for Opportunity, Excellence and Equity (COEE) learning management system. Amesite also recently partnered with Michigan Works! Southeast (MWSE) to provide training materials through MWSE’s Learning Community Environment system. Other companies looking to adapt in the eLearning sector include Coursera Inc. (NYSE: COUR), 2U (NASDAQ: TWOU) and Powerschool Holdings Inc. (NYSE: PWSC). However, Amesite cites data from a third-party source indicating it has both a higher positive consumer sentiment score and a lower negative sentiment score than any of its competitors. This puts it in a strong leadership position in the AI-powered learning sector, according to Amesite. Learn more about how Amesite is disrupting education with AI. Amesite Inc., an artificial intelligence driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

July 06, 2023 09:00 AM Eastern Daylight Time

Cint Launches New Data Licensing Solution to Provide Verified First-Party Data

Cint

Cint, a global technology leader in digital insights gathering, is announcing the launch of Data Licensing. Data Licensing will allow businesses to license Cint Verified Audiences to help organizations make better business decisions based on millions of self-reported, first-party data points. Cint Verified Audiences are built from over 290 million consumers who have entered the platform to qualify for a survey opportunity. “Evolving privacy standards and restrictions on third-party cookies are changing the way organizations collect customer and consumer data. First-party data has never been more important,” says Laura Manning, Senior Vice President, Measurement. “Our new Cint Verified Audiences will help organizations boost their client’s first-party data strategies by strengthening research or marketing initiatives through validation and enrichment of data at scale.” Cint Verified Audiences help agencies and their brands strengthen first-party data strategies and enable platforms and publishers to support these efforts. Using Cint Verified Audiences, organizations can enrich, validate, and activate first, second, or third-party audience data–or build custom research audiences for tailored, survey-based insights. A number of different demographic categories including age, gender, household income, employment status, and education are available. The data used for Cint Verified Audiences is self-reported and continually verified each time a respondent visits the Cint research platforms. Cint has over 290 million fully-consenting respondents who enter the Cint platform to qualify for survey opportunities every year, forming the foundation for Cint Verified Audiences. To learn more about Cint and its new Data Solutions Business, please visit https://www.cint.com/data-solutions. About Cint Cint is a global provider of research technology. Our platform enables brands, researchers, academics, or anyone with a question, to connect with a global network of over 290 million high-quality and engaged respondents. Panel providers, mobile gaming apps, loyalty associations, or anyone with an online community, partner with Cint to monetise their userbase through surveys that complement the user experience. Utilizing the global reach and survey-based approach of our platform, Cint’s media measurement solutions help advertisers, publishers and media agencies measure the impact of cross-platform ad campaigns. Cint Group AB (publ), listed on Nasdaq Stockholm (STO: CINT), has a global workforce throughout EMEA, North America and APAC, including offices in Stockholm, London, New York, New Orleans, Singapore and Sydney. Find more at www.cint.com. Contact Details Kerriann Becker kerriann@kitehillpr.com

July 06, 2023 09:00 AM Eastern Daylight Time

Lockheed Martin Sets Industry Benchmark as Early Adopter of NCMA Contract Management Standard and Contract Management Body of Knowledge

National Contract Management Association

Lockheed Martin (NYSE: LMT), Lockheed Martin, a leading global aerospace and defense company, is one of the first prime contractors to adopt the cutting-edge National Contract Management Association (NCMA) Contract Management Standard™ (CMS ™) and Contract Management Body of Knowledge ® ( CMBOK ®). With this adoption, Lockheed Martin reiterates its unwavering commitment to excellence in contract management, ensuring that its workforce possesses the necessary competencies that align seamlessly with both the federal government and institutions of higher education, which have also embraced the CMS. The NCMA Contract Management Standard™ equips organizations with a structured approach to contract management, facilitating improved communication, streamlined processes, and enhanced risk management. As Lockheed Martin integrates this CMS into its operations, the company further strengthens its ability to deliver unparalleled value to customers and stakeholders. By proactively adopting this groundbreaking standard, Lockheed Martin sets a new industry benchmark, showcasing its dedication to fostering enhanced communication, transparency, and efficiency within its contract management processes. "At Lockheed Martin, we continuously strive to be at the forefront of innovation and industry-leading practices. Our decision to be an early adopter of the NCMA CMS™ and the CMBOK is a testament to our commitment to delivering exceptional results for our customers," said Debra Scheider, Vice President of Corporate Contracts for Lockheed Martin. "By implementing this standard, we enhance our ability to drive collaborative and successful partnerships, while maintaining the highest standards of integrity and compliance.” Kraig Conrad, CEO of NCMA, expressed his gratitude for Lockheed Martin's adoption of the NCMA CMS™ and CMBOK®, stating, "Lockheed Martin as one of the early adopters demonstrates commitment to their workforce and customers. This moves our profession forward on a shared vision of fostering a robust connection between industry and government through a common language.” The U.S. Office of Federal Procurement Policy (OFPP) announced the new classification in a January 19 memo, stating that the CMS™ will become the foundation of a new contracting training system for all government agencies effective February 1, 2023. The new Federal Acquisition Certification in Contracting (FAC-C) (Professional) will now align with the Department of Defense framework (DAWIA), which is also based on the CMS™. The American National Standards Institute (ANSI)-approved third edition of the NCMA CMS™ is recognized globally as the preeminent standard in the profession. It serves as the basis for hiring and training frameworks as well as the NCMA’s ANSI National Accreditation Board (ANAB)-accredited Certified Contract Management Associate (CCMA) certification. The CMBOK® is based on the CMS™ and serves as the basis for NCMA’s ANAB-accredited Certified Professional Contracts Manager™ (CPCM™) certification. The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 116,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Please follow @LMNews on Twitter for the latest announcements and news across the corporation. Contact Details National Contract Management Association Holly Dehesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

July 06, 2023 08:00 AM Eastern Daylight Time

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