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

OPPO Sets to Strengthen Presence in High-end Market with New Find X5 Series

OPPO

SHENZHEN, CHINA - Media OutReach - 24 February 2022 - OPPO today launched its latest family of flagship smartphones, the Find X5 Series, marking another decisive step into the high-end market for the leading smartphone brand. The new addition to the Find X Series is the first smartphone series to be powered by OPPO’s MariSilicon X imaging NPU and other industry-leading features. With its futuristic design, seamless ceramic back panel, and premium International Warranty Service, every aspect of the Find X5 Series has been tailored to deliver the best possible user experience. “At OPPO INNO DAY 2021, we announced our brand proposition of ‘Inspiration Ahead’, defining our commitment to constantly redraw the boundaries of the smartphone experience to make life better for everyone, regardless of the challenges and uncertainties faced,” said William Liu, Vice President and President of Global Marketing at OPPO. “With the Find X5 Series, we have raised the bar for flagship smartphones in terms of style and performance, while never stopping in our exploration of new possibilities.” Rapid international growth reaches new heights Last year saw OPPO establish itself in high-end markets worldwide while delivering strong growth for its high-end devices. Through successful partnerships with leading mobile operators, growth in the $600 segment surpassed 200% in 2021, while global shipments of the OPPO Find X3 Series increased by 140% compared with the previous Find X Series. As of December 2021, OPPO has filed for over 75,000 patent applications and over 4,500 of them are related to 5G. With these strong technical foundations, OPPO delivers a portfolio of high-performing 5G products, the success of which have resulted in the brand ranking the second for two consecutive years in global 5G smartphone shipments among Android manufacturers according to the data from Canalys [1]. Global partnerships with the likes of Roland-Garros and Wimbledon have also driven awareness for the OPPO brand worldwide. According to the data from Canalys, in 2021, OPPO held on to its place as the fourth largest smartphone manufacturer worldwide, with a total market share of 11% [2]. Taking the end-to-end smartphone experience to the next level The OPPO Find X5 Series raises the bar for flagship smartphone performance across the board with OPPO’s best-ever technology, product experience, and customer service. MariSilicon X — OPPO’s recently-unveiled self-designed imaging NPU — makes its debut on the Find X5 Series. The NPU and its advanced in-house algorithms, including AINR, deliver a leap in computational photography performance. With MariSilicon X, the Find X5 Series is the first flagship smartphone series capable of capturing clear 4K Ultra Night Video that can rival what is seen by the human eye. Following its long-held mission to bring both natural and professional colors to smartphone imaging, OPPO has joined hands with Hasselblad to bring its Natural Color Calibration to the Find X5 Series, empowering users to unlock more emotive moments. Elsewhere, many of OPPO’s breakthrough innovations can be found on the Find X5 Series. OPPO’s upgraded 360° Smart Antenna 3.0 ensures stable connectivity, with greater signal strength and range than other models. The series also features enhanced Flash Charging technology for faster charging, while a multi-tier cooling system ensures smooth overall performance and efficient dissipation. Beyond the phone itself, OPPO has turned its attention to the entire customer experience. Find X5 Series owners will have access to OPPO’s premium International Warranty Service, which can be used at over 2,500 service centers in 62 countries and regions worldwide. A standout flagship, driven by OPPO’s human-centric insights Guided by OPPO’s brand mission “Technology for Mankind, Kindness for the World”, the Find X5 Series represents OPPO’spursuit of human-centric product features and designs aimed at improving the day-to-day lives of its users. The design of the Find X5 Series reflects every aspect of the user experience. Built with advanced manufacturing technology, the curved and continuous ceramic back panel is anti-fingerprint and comfortable to hold while also providing greater protection and heat dissipation. OPPO’s thoughtful consideration of its users is also manifested in ColorOS 12.1, which includes features such as the O Relax digital relaxation suite and Color Vision Enhancement for those who perceive color differently or have color vision impairments. Looking at the bigger picture, OPPO strives to be a sustainable company and remains committed in its responsibility to the protection of the planet. In May 2021, OPPO was among the first companies to join the Eco Rating Labelling Scheme established by leading mobile operators in Europe. OPPO has also adopted green product design practices into the entire life cycle of the Find X5 Series: about 45% of the packaging is made by recycled fiber, and the overall plastic used in the packaging has reduced by 95% since 2019; for plastic materials that cannot be replaced for now, OPPO choose to use the biodegradable polylactic acid material; meanwhile, OPPO’s Battery Health Engine ensures the phone’s battery is able to maintain more than 80% of its effective power after 1,600 charge cycles — which greatly extends the product durability. To inspire more people to preserve the biodiversity of the planet, OPPO also collaborates with National Geographic to capture beautiful imagery of endangered and at risk animals, and supports National Geographic Society and its wildlife conservation efforts as part of the Endangered Colours campaign for the second consecutive year. With the new Find X5 Series, OPPO is breaking new ground in technological innovation and human-centric user experience in the high-end market while sticking to its core values — a trait that OPPO will maintain as it continues to explore new possibilities in technology and products that help make life better for users worldwide. Note [1] OnePlus is included in the OPPO global shipment [2] OnePlus is included in the OPPO global market share Contact Details OPPO Media Contact press@oppo.com

February 24, 2022 07:00 AM Eastern Standard Time

Image
Article thumbnail News Release

amika Taps Assembly to Lead Integrated Media Program Aimed at Growing Its Passionate Communities of Haircare Enthusiasts

Assembly

Global omnichannel agency, Assembly, has been chosen by prestige haircare brand, amika, to lead its integrated media program, with an emphasis on driving sustained awareness and building brand equity. amika has emerged as a go-to haircare brand through its ‘ all hair is welcome ’ positioning, which represents 10 unique collections of haircare for every hair type, texture, and style. amika has called on global data-driven agency, Assembly, as its partner in expanding its community of brand enthusiasts through its distinct, disruptive, and impactful messaging connected to purpose and inclusivity. “amika is a brand that has authentically lived its core values of kindness and inclusivity while doing good for the planet far before it was ‘cool’ or even an expectation from consumers,” said Kim Davis, Vice President at Assembly. “This is one of those best of both world partnerships where we get to bring the latest in media innovation to a brand that’s as committed as we are to nurturing people and the planet. We’re looking forward to developing an out-of-the-box channel strategy that maximizes brand awareness for amika.” amika was built with purpose at its heart by creatives, stylists, and product enthusiasts alike, and encourages a diverse and creative culture that’s fueled by radical thinking. In placing people and the planet at its core, the brand has maintained its mission of bringing progress to the beauty industry. “The name ‘amika’ means friend—to hair, hairstylists, the planet, our communities, and each other—and it’s truly embedded into everything we do. We want our customers to know us for not only our high-quality products, but our commitment to making a positive impact on people and the planet," said Chelsea Riggs, amika’s Brand President. “We were impressed by Assembly’s integrated approach across the funnel to help accomplish our goals and we were immediately aligned in our vision.” This year marks a strategic shift in digital media investment for amika, with an increased focus on driving awareness and new customer acquisition. Assembly will partner with amika to develop a full-funnel multi-channel strategy to achieve these goals. The team’s focus for the year includes strengthening paid social investment, a renewed focus on paid media influencer integrations, and continued momentum in search and display. Assembly and amika will also work together to introduce new high-impact channels to amika’s mix, including CTV, TikTok and localized OOH. “We’re flexible and agile, which gives us an opportunity to test and learn in new channels and platforms where we know our customers are spending their time. We have some big brand and product moments coming up this year, and we’re also excited to see how measurement helps support all of the work we’re doing in increasing the focus on brand awareness and consideration,” said Kelley Martin, amika’s Senior Vice President of Marketing. About Assembly: Assembly is made of the ingredients of the modern agency, bringing together data, talent, and technology to deliver a connected set of solutions for media + more to the best brands on the planet. We’re home to more than 1,500 of the industry’s top talent, who bring unmatched global omnichannel media expertise + data, technology, and business consulting capabilities that help brands find the change that fuels growth. Assembly is a proud member of Stagwell, the challenger network built to transform marketing. Visit www.assemblyglobal.com for more information. About amika: A friend to hair, hairstylists, to her, him, them and you. The name amika means friend in the language Esperanto & represents our belief in the power of community and the beauty of diversity. Straight out of Brooklyn, where creativity and hustle are a way of life, we’re a collective of creatives, hairstylists, chemists, and product enthusiasts. We only make products that make us proud. 10 collections for every hair type, texture and style. Visit www.loveamika.com for more information, and follow @amika on Instagram. Contact Details Assembly Sara Pollack, VP of Marketing +1 917-438-4922 sara.pollack@assemblyglobal.com Company Website https://www.assemblyglobal.com/

February 23, 2022 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

CSG Unlocks the Potential of 5G with Launch of Future-Ready, SaaS Commerce Solution, CSG Encompass

CSG

The digital future is here and 5G is reinventing the way digital services are created, delivered and consumed. Imagination and a trusted communications service provider (CSP) are all that stand in the way of the next era of digitally immersive experiences. To catapult the industry into this next age of digital innovation, CSG ® (NASDAQ: CSGS) today launched Encompass. A SaaS, open, integrated and modular solution, CSG Encompass crushes the complexity of multi-sided, B2B2X ecosystems to enable dynamic, agile and scalable collaboration across a multitude of partners. With Encompass at the heart of an interconnected ecosystem of enterprises, consumers and partners, CSPs can differentiate themselves with a future-ready solution that unlocks the limitless possibility of 5G-enabled offerings that excite customers and deliver seamless commerce. “5G operators need rapid ROI for their networks but have been hampered by the uncertainty of how to deliver value-added services and monetize their vision at the same time,” said Ken Kennedy, COO and president of revenue management and digital monetization, CSG. “CSG Encompass is the answer to this dilemma. Encompass provides the modular, yet holistic, solution CSPs need to innovate and co-create with partners. For onboarding, offer creation, quoting of services, order management, fulfillment, charging and settlements, CSG Encompass makes delivering a 5G B2B2X marketplace easier. Our cloud-based, open architecture offers the configurability and scalability necessary to create the dynamic, game-changing, digital ecosystems CSPs have been waiting for.” “Businesses and consumers alike want to interact and transact digitally with convenience and ease, which means not having to do the hard work of bundling components from multiple suppliers themselves,” John Abraham, principal analyst, Analysys Mason. “B2B2X ecosystems, which bring together digital services from a consortium of partners, are the foundation for delivering these seamless experiences. To be successful, they require an open, integrated solution that can manage the intricate, interconnected commerce cycles that are needed by today’s 5G service providers to fully engage with a more diverse range of partners. CSG’s broad portfolio, exposure to a large number of CSP customers and expertise in delivering large scale transformation projects positions the company well to help CSPs resolve the complexities of B2B2X marketplaces and enable new engagement and monetization opportunities.” Core capabilities of CSG Encompass include: Management of the connected B2B2X commerce cycle across CSPs, their partners and their customers including unified catalog, configurable pricing and quoting, order orchestration, charging and settlements A richly functioned, comprehensive, integrated solution that builds on CSGs expertise in delivering complex, differentiated business models and ecosystems for IoT and B2B2X A modular, open standards-based, decoupled solution that is network vendor and service agnostic, and can be deployed in the cloud and as a managed service Leading companies need technologies that can deliver future-ready digital offerings and winning experiences that will drive better business outcomes, quicker time to value and lower risk. CSG Encompass is the solution for CSPs looking to amplify the value of their 5G investments and reinvent the way they do business. For more information visit, https://info.csgi.com/portfolio-csg-encompass. # # # About CSG CSG is a leader in innovative customer engagement, revenue management and payments solutions that make ordinary customer experiences extraordinary. Our cloud-first architecture and customer-obsessed mindset help companies around the world launch new digital services, expand into new markets, and create dynamic experiences that capture new customers and build brand loyalty. For nearly 40 years, CSG’s technologies and people have helped some of the world’s most recognizable brands solve their toughest business challenges and evolve to meet the demands of today’s digital economy with future-ready solutions that drive exceptional customer experiences. With 5,000 employees in over 20 countries, CSG is the trusted technology provider for leading global brands in telecommunications, retail, financial services, and healthcare. Our solutions deliver real world outcomes to more than 900 customers in over 120 countries. To learn more, visit us at csgi.com and connect with us on LinkedIn and Twitter. Copyright © 2022 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved. Contacts: Tammy Hovey Global Public Relations +1 (917) 520-2751 tammy.hovey@csgi.com John Rea Investor Relations +1 (210) 687-4409 john.rea@csgi.com Contact Details CSG Tammy Hovey +1 917-520-2751 tammy.hovey@csgi.com Company Website https://www.csgi.com

February 23, 2022 06:35 AM Mountain Standard Time

Image
Article thumbnail News Release

Aquarius Spectrum Announces AQSense-Edge: A New Cat-M/NB-IoT Acoustic Leak Detection Sensor Combined with New AI & UI Improvements

Aquarius Spectrum

Aquarius Spectrum, a leading provider of acoustic water leak detection solutions in municipal water distribution networks, has announced the launch of its new AQSense-Edge series of Cat-M/NB-IoT correlating sensors. AQSense-Edge represents the next generation in the company’s AQSense Fixed Sensors, a product range designed for continuous pipe monitoring. For over 12 years, Aquarius Spectrum has spearheaded development of innovative systems for the water industry, enabling water utilities to proactively monitor their water distribution network and pinpoint background leaks at an early stage before they surface. Consequently, Aquarius’ worldwide customers report significant reductions in NRW (Non-Revenue Water) and savings in their operational and maintenance costs. The new AQSense-Edge sensor is being heralded by the company as a true a game changer in the water leak detection market, thanks to its compact dimensions, ultra-long 10-year battery life, and superior accuracy powered by an improved correlating algorithm. The AQSense-Edge series supports all water supply pipe materials and diameters, distribution and transmission, and boasts the additional advantage of offering extensive coverage with fewer sensors – typically up to 3 sensors per 1 km of piping. Aquarius Spectrum’s new Cat-M/NB-IoT series includes 3 types of products suitable for different types of installations: AQSense-Edge (AG ) - an accelerometer designed for aboveground installation on fire hydrants and other access points on metal and AC pipes up to 24”; AQSense-Edge (BG) - an accelerometer designed for belowground installation on fire hydrants or on valves inside a pit on metal or AC pipes up to 24”; and AQSense-Edge (Hyd) - a hydrophone sensor designed for PVC, PE and transmission (trunk main) lines, and installation on air release valves. Aquarius Spectrum’s innovative acoustic leak detection technology, protected by 21 patents, is distinguished by its combination of automatic correlation between each pair of sensors, and its sophisticated analysis engine that verifies the existence of the leak and pinpoints its exact location. Thanks to its latest AI and UI improvements, the system is now able to locate and present multiple leaks occurring between each pair of sensors and can provide operators with an estimation of their size and intensity. One of the largest water utilities in the US has already purchased and successfully implemented 150 AQSense-Edge units in a major city. 11 leaks were located and remedied in the first month of operation. In another US-based project, where the customer recently upgraded to the new AQSense-Edge sensors, more than 20 leaks were found and fixed, of which several leaks were simultaneously detected on the same section of pipe by only two sensors. According to Naama Zeldis, CEO of Aquarius Spectrum: “Aquarius is extremely proud to be at the forefront of technological innovation in the water industry for over 12 years, and today we are excited to be cooperating with leading water utilities in all five continents, driving forward our vision of digital water transformation. We bring superior solutions that address all types of water infrastructure. With a deployment of more than 10,000 acoustic sensors, we can declare with confidence that our solutions provide the most efficient and accurate results. We are delighted with the continued trust placed in us by our existing and new customers, both in the company and its cutting-edge line of acoustic water leak detection products, and we will continue to develop innovative solutions that provides customers with excellent ROI and customer experience." About Aquarius Spectrum Aquarius Spectrum is a leading provider of advanced leak detection and pipe condition assessment solutions based on fixed and mobile acoustic sensors combined with AI and big data analytics algorithms. Using our multi-patented technology, water utilities around the world significantly reduce their Non-Revenue Water, and lower maintenance and operational (M&O) costs through continuous proactive monitoring of their water distribution network, early detection and pinpointing of background leaks, and accurate analysis of their infrastructure. Contact Details Aquarius Spectrum Ltd. Sigalit Tamary +972 74-713-6644 info@aqs-systems.com Company Website https://aqs-systems.com/

February 23, 2022 07:30 AM Eastern Standard Time

Image
Article thumbnail News Release

Innovecture Celebrates its 3rd Patent in Payments Space

Innovecture

Innovecture LLC, a Global Technology and Management consultancy company announced that the United States Patent and Trademark Office (USPTO) has granted a patent, for an invention titled ‘ Communicating payments ’. The ' Communicating payments ’ patent introduces new method of transacting with a point-of-sale device during an in-person payment transaction. This invention avoids sending payment information to the point-of-sale device thus removing the security concern of the payment information theft. The ‘ reverse authorization ’ algorithm replaces the traditional bi-directional communication between Point of Sale and payment gateway with an IoT based communication. This algorithm completes the transaction even if the point of sale is offline which is beneficial specifically to the unattended systems such as kiosks or vending machines. Innovecture has built a mobile commerce platform ‘ SimPayX ’ based on this patent and a beta version is launched in Salt Lake City where many restaurants are participating in the pilot launch. Shreyas Kamat, Patent Inventor and Innovecture CEO commented, “We are particularly excited about the grant of this patent. This patent, which is our 3rd patent in the payments space, is a result of our continued focus on innovation for delivering best value to our customers. The future of payments should be to provide a simple, convenient and secure payment experience to the consumers and this patent provides a revolutionary foundation to provide that experience.” With offices in US, Europe, and APAC, Innovecture provides consulting, technology research services and products to its customers. Innovecture has an impressive track record to be a major contributor in Digital and Agile Transformation projects for several Fortune 500 clients and is privileged to receive multiple recognitions as a MWCN Utah 100 and Inc. 5000 fastest growing company. For more information, please visit the Innovecture website and LinkedIn. Contact Details Innovecture Jamie Irwin +1 801-495-7050 sales@innovect.com Company Website https://www.innovect.com/

February 23, 2022 07:30 AM Eastern Standard Time

Article thumbnail News Release

Simplifying Social Media for Small Business Owners: Tips on How Local Businesses Can Stand Out in 2022

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/mQc2Uxrk-EU Small business owners have already had to get creative in so many ways in the past few years. According to a survey from Adobe, 74% of small business owners are facing creative burnout. One way to reset and refresh their business is by improving their social media presence. For a small business owner who may already be feeling stretched creatively, social media can seem daunting or time intensive. Natalie Zfat partnered with Adobe Creative Cloud Express on a media campaign to provide small business owners with helpful tips to better reach customers and get their business back on its feet. No matter their budget or confidence level for graphic design, here are some of the tips she shared to easily create standout graphics, photos, and videos in no time: Inspiration can strike at the oddest times. Creative Cloud Express allows you to create quick, easy content on the fly – with thousands of high-quality templates to customize your Instagram Stories, video cover slides, timeline carousels and more. Carousels outperform single-image Instagram posts. According to research by SocialInsider, the average engagement rate increases by 2% when using all 10 carousel slides, and carousels with a mix of video and images see the highest engagement rate per post at 2.33%. Filling the carousel with gorgeous content is easy when you use Creative Cloud Express, which lets you easily search through Adobe Stock images and leverage more than 20,000 fonts. Did you know that social media posts with video have 48% more views? Creative Cloud Express makes it super easy to edit and customize videos (even if video editing isn't your forté). It's no secret that social media users scroll quickly, and it can be tricky to stand out. 82% of small business owners know that a creative design will drive business, but 45% cite that they don’t have either the time, tools or skills to bring their ideas to life. One way to “stop the scroll” is with compelling animation and imagery. Creative Cloud Express lets you incorporate animated elements easily and create beautiful, thumb-stopping imagery that will catch your audience's eye. Something as simple as a colorful, animated shape layered behind text - or a funny GIF or sticker - will help your message stand out and allow you to inject more of your personality. And the best part: You don’t have to be a designer to get it done. Use “Quick Actions” powered by Adobe Sensei to remove backgrounds from photos, trim and merge videos, convert videos to GIF, and more. Integrate your brand's aesthetic across multiple platforms for a cohesive experience. Creative Cloud Express allows you to build your brand by uploading logos, colors and more. This makes it easy to seamlessly adapt your brand creative for social media, email marketing, website and more. The Shared Libraries feature in particular makes it easy for anyone and everyone on your team to work from a cohesive bank of templates to achieve that brand consistency. The Instagram algorithm is ever-changing, but we know that content that inspires shares and saves does particularly well, especially when that content is in video form. 74% of small business owners acknowledge that they are facing major hindrances to their creativity right now. To maximize engagement, aim for content that is beautiful, funny or educational. Infographics and video tutorials (“How To’s”) are a great way to do this - and Creative Cloud Express offers stunning, customizable graphs, charts and other great visuals that lend themselves to shareable content. Think of your social media profile as your storefront. 55% of small business owners say their online presence is more critical to their success than a physical store. Is your bio fully fleshed out? Is it clear what you're offering your audience? Creative Cloud Express allows you to create beautiful, robust profiles, with thousands of high quality templates for banner images, profile photos, Instagram Highlight covers and more – all customizable with your brand colors and typography. Don't have a brand book (yet)? Dip into Creative Cloud Express’ Stock and Fonts database for thousands of unique, stunning imagery and font styles for marketing materials like logos, flyers, banners, and more. To learn more about Creative Cloud Express and its different graphic design features go to: adobe.com/express About Natalie Zfat: According to Mark Cuban, “Natalie Zfat doesn’t mess around.” Natalie Zfat is a social media expert, speaker and host who has partnered with some of the most iconic brands in the world, including Samsung, Facebook, CNBC and LinkedIn. Curating original social media content, strategy and campaigns, Natalie gains millions of impressions for the brands she advocates for. When she’s not with her clients, Natalie loves sharing her social media thought leadership in her Forbes column, on television and at conferences and universities, including the New York Times, CBS, Carnegie Mellon, NYU Stern School of Business, SXSW and CES. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 22, 2022 04:34 PM Eastern Standard Time

Video
Article thumbnail News Release

Covid Testing the Right Way and How to Avoid Scams

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/ZyvwNXn2NSo Testing for Covid-19 is now a daily part of many of our lives. Testing to go to work, school, travel, concerts, and most importantly, to stay healthy. But not all tests or testing centers are created equally. There are still many unanswered questions we have on the best ways to stay safe and healthy. With so much uncertainty its time to turn to an expert for insights and information on how to do covid testing the right way and avoid scams. On February 16 th Dr Emily Volk, President of the College of American Pathologists conducted a nationwide media tour. Topics that Dr Volk discussed included: What people need to know to administer an at home test properly Why it’s important that any collection center or laboratory doing COVID testing is accredited, adhering to the very highest standards Are rapid antigen tests more accurate than PCR tests and when to get one or the other Questions we should be asking medical professionals For more information, visit newsroom.cap.org About the College of American Pathologists: As the world's largest organization of board-certified pathologists and leading provider of laboratory accreditation and proficiency testing programs, the College of American Pathologists (CAP) serves patients, pathologists, and the public by fostering and advocating excellence in the practice of pathology and laboratory medicine worldwide. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 22, 2022 01:26 PM Eastern Standard Time

Video
Article thumbnail News Release

Fastest, Cheapest DeFi Trades with No Front Running Now Possible via Telos

Telos Foundation

The Telos Blockchain’s (ticker: Tlos) recently launched non-Ethereum Fork Virtual Machine ( tEVM ) has already become home to multiple decentralized exchanges, Zappy being the latest. Running on the full layer 1 power of the Telos Blockchain, every single one of these DeFi platforms are more robust than ever. Telos provides DeFi platforms with a utopian trading environment in which traders gain access to the cheapest and fastest trades by many multiples. Here is video proof of Telos having the cheapest and fastest trades. Telos vs Fantom Telos vs Avalanche vs Binance Smart Chain vs Ethereum * Sub-Dollar trades can be profitable via DeFi on the tEVM. “Uniquely, the tEVM has instant transactions with fixed nano-sized gas fees that do not move linearly with the Tlos coin price. This uniqueness makes the tEVM consistently sustainable for DeFi traders of all sizes.” Justin Giudici, Acting CEO at Telos Foundation. By default, the tEVM also fully protects traders from any Front Running or Miner Extracted Value (Mev). Potentially saving DeFi traders billions of dollars. Unfortunately, even to this day, not enough traders understand that without their knowledge or consent, these two unethical practices are commonly separating them from their potential profits. These are highly unethical practices, and they are plaguing all of DeFi. With that noted, it should echo that DeFi trades are 100% insulated from any Front Running or Mev on Telos. Telos tEVM was built from the ground up. Not just forking off the Ethereum source code and the tEVM compiles with the same outcomes using its own source code and layer 1 mainnet. One of the huge benefits of Telos is that unlike Ethereum, the mempool cannot be reorganized in any way. The Telos protocol is strictly a first in first out design. This concept along with strict governance and half second blocktimes makes Front Running impossible on the Telos Network. In fact, Defi without Front Running / MEV only exists on Telos. Defi and NFT traders would benefit by understanding that the entire Ethereum network, its layer 2s, and all the Ethereum forks are literally plagued by Front Running / Mev. Whales, Institutions and large trades in general are all highly targeted on these other networks. Arbitrage and Speed Advantage Telos has half a second blocktimes and is the fastest 3rd generation layer 1 blockchain with an EVM, by many multiples. These ludicrous speeds along with Telos’ massive capacity (hundreds of millions per day) makes transactions on Telos simply instant. Having access to instant transactions in a landscape in which other platforms coexist that are making transactions 50+ times slower creates a lot of opportunity for savvy traders. With Telos, a savvy trader could easily make multiple trades before a single trade is ever made via another EVM network. This speed advantage allows traders to simply enter or exit out of a position before other traders using other networks. A trader can also take advantage of cross platform and cross Dex price differences via arbitrage. In DeFi, faster is simply a massive advantage and not getting targeted in a mempool for miners' tax / front running should be the industry standard. Why would any trader want to be the victim of Front Running? They wouldn’t! Insulate from Front Running and obtain the fastest, cheapest DeFi trades simply by selecting the Telos EVM as your Network. About Telos Telos is a 3rd generation smart contract platform that offers compatibility with Solidity, Vyper and Native C++ smart contracts, providing full EVM/Solidity support as well as a fee-less native smart contract layer upon which the EVM is built. Telos performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, decentralization and end-user fairness. The network can sustainably support hundreds of millions of transactions per day, produces blocks in 0.5 second intervals on a first-in-first-out basis (eliminating frontrunning on the network), offers a fee-less native and low per transaction cost EVM (<$0.10), and a fully decentralized block producer network. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

February 22, 2022 10:20 AM Eastern Standard Time

Video
Article thumbnail News Release

35-Year Printing Business SprintPrint Converts to Minuteman Press Franchise in Madison, Wisconsin

Minuteman Press International Inc

For 35 years, Phil Van Kampen and his wife Liz built their family-owned independent printing business SprintPrint into a multimillion dollar company by doing what they’ve always done for their customers. “We make printing easy,” says Phil. With the business doing well and retirement on the horizon, Phil has decided to sell the business to the Kenney family: Chrispin, Lynn, and their son CJ. Moving forward, SprintPrint will be rebranded as Minuteman Press in Madison as part of the Minuteman Press Conversion Program. The business will remain at their location at 2790 South Fish Hatchery Road. The Kenney family also owns a Minuteman Press franchise in Waunakee, which they have owned since 2013. Selling the Business As Phil approached retirement and was looking to sell the business, he wanted to make sure that there would be minimal disruption for both his clients and his employees that helped make SprintPrint a success. Phil says, “We had 12 employees, with at least half of them being with us for over 20 years. I wanted to make sure they were taken care of even after I sold the business.” Phil continues, “Originally, we were approached by another company but all they wanted was to buy our customer list. We were also contacted by a business broker and found that their commission rate was expensive. They also seemed to have no sense of urgency as if we wouldn’t be a priority, and so we decided not to go forward with them.” Eventually, Phil found the right partner to sell his business in Minuteman Press International. Phil explains, “After we decided not to use the business broker, Liz came home with a flyer from Minuteman Press that we received in the mail. I called Steve Szymanski, who is the Midwest Regional VP, and we talked for over an hour. I simply trusted him, liked what he had to say, and so we moved forward.” “The Minuteman Press Conversion Program was exactly what we needed to sell our business. There was no charge, no commission, and no broker fees. I also liked the fact that Minuteman Press would aid the new owner in running the business, and that I could retire without worrying about my customers and employees. In fact, my wife Liz is staying on to work with them because she isn’t ready to retire and loves her job. Steve Szymanski helped coordinate the sale and made it work, and it has been an easy transition for all involved.” -Phil Van Kampen, Retired Owner, SprintPrint, Madison, Wisconsin Meet the New Owners Lynn Kenney is the majority owner of the newly acquired business that is being rebranded as Minuteman Press in Madison. Lynn shares, “For the last 17 years, I’ve been working for the post office as a rural carrier. I also have a background in accounting and payroll in my early career working at Excalibur in Las Vegas.” For the Kenney family, the acquisition of SprintPrint simply made sense. Lynn explains, “My husband, Chrispin, was interested in expanding our current business while also building the business with our son CJ. We look forward to offering the same quality and experience customers have relied on in the past. In addition, we will be offering expanded products and services to existing and future customers.” “I believe good communication, accountability, education, and execution are the keys to running a successful family business. After 9 years of building our first location, we are looking forward to building another successful Minuteman Press franchise with our son CJ and creating great relationships in the Madison community.” -Lynn Kenney, New Co-Owner, Minuteman Press, Madison, Wisconsin CJ Kenney graduated from University of Wisconsin-Madison in December 2021 with a degree in Communication Arts. After graduating, CJ knew that he wanted to take the next step forward with the family business. “I’ve been working with my parents at their center in Waunakee for eight years, since I was in high school. I did whatever they needed me to do. I ran deliveries, I helped with in-house apparel and production, and I loved going to BNI meetings and customer calls with my dad.” CJ continues, “I love talking to people, and I learned a lot from my dad. It always seems like he knows what to say and how to build relationships. I love this business because we can meet so many people that become friends in addition to working with them as clients. I just felt like this was the right track to take for my career and for the family business.” “With SprintPrint, we saw some tremendous expanding points for our business. Phil and Liz built a fantastic business over 35 years that will help us grow our in-house wide format printing services for the production of banners, signs, and posters. They also have a fantastic staff and clients I am excited to work with them as we begin this new chapter as Minuteman Press in Madison.” -CJ Kenney, New Co-Owner, Minuteman Press, Madison, Wisconsin History of the Business Before opening SprintPrint in 1987, Phil worked for another large printing chain based in Madison for 10 years. He says, “I decided to leave and start my own business. I knew what I wanted to do, and I decided I wanted to work for myself. We started the business and I made sure we differentiated ourselves as a quick printer focused on B2B clients rather than walk-ins.” Like many other business owners, Phil grew SprintPrint by building long-term relationships and becoming the face of the business. He also provided products that made sense and helped him stand out. Phil says, “One thing that set us apart early on is that we got into the mailing side of the business, invested in the equipment and the expertise, and became a one-stop source for in-house printing and direct mail.” After six years in business, SprintPrint moved to a 6,000 sq. ft. facility, then added onto the facility in 1997. “This is the same location at 2790 South Fish Hatchery Road that Minuteman Press is taking over, which I am very excited about because it makes for an even easier transition.” Over the past ten years, SprintPrint has continued to evolve and grow. “The biggest change over the past decade was getting into large format printing, which has been a huge benefit to our clients. During the pandemic, we experienced growth in large format, and direct mail held steady. We always try to make printing easy, and the past few years have been no different.” During the pandemic, SprintPrint continued to operate as an essential business and meet the needs of their clients. Phil says, “We have many long-term customers for 30 years or more with well-established businesses. They were able to weather the storm and continue marketing, and we were there to help them adapt and pivot as needed.” Retirement and Advice for Others Now that the sale is complete, Phil is looking forward to his well-earned retirement. “I’ve taken up woodworking as a hobby, and it is very relaxing to be able to enjoy each day.” Phil summarizes his experience with Minuteman Press and shares his advice for others who are looking to sell their printing business: “As owners of SprintPrint, my wife Liz and I had decided in the last year that, after 35 years, it was time to sell our business. It was of utmost importance that our employees were taken care of – we were looking for someone who would run the business in place and retain our staff. We originally explored selling it ourselves or working with a broker, which was not working out for various reasons. We then contacted Steve Szymanski, Regional Vice President of Minuteman Press International, to explore our options with their firm. We found their system to be very attractive as there was no cost to us to market our company for sale, and we could exit the business entirely upon sale. Minuteman Press was able to find a buyer that was the best fit for how we wanted to leave the industry. We could not be more pleased with the whole process. We would highly recommend working with them to any print shop owner looking to sell their business.” Learn more about Minuteman Press in Madison, WI by visiting their website: https://minuteman.com/us/locations/wi/fitchburg. For more information on how to sell your printing business through Minuteman Press International’s Conversion Program, call 1-800-645-3006 or visit https://bit.ly/minutemanpressconversions. Contact Details Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

February 22, 2022 10:00 AM Eastern Standard Time

Image
1 ... 462463464465466 ... 591