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IQGeo Group anticipating "much higher growth in software revenues"

IQGeo Group PLC

IQGeo Group PLC (AIM:IQG) chief executive Richard Petti and chief financial officer Haywood Chapman speak to Thomas Warner from Proactive after releasing the software developer's half-year report for the six months to 30 June 2023. Petti starts by addressing the Group's acquisition of fewer new clients compared to previous years, highlighting that the company's revenues surged by 123% to over £20mln, with 83% of that increase attributed to organic growth. Petti highlighted the success of their "land and expand" strategy, emphasising long-term relationships and continuous upselling to existing customers. Chapman confirms the successful integration of recent acquisition Comsof NV, which has enabled them to secure a significant contract with a tier-one national utility provider in southern Europe, valued at €8.6mln over six years. Petti also introduced their new "editions strategy" this summer, aiming to cater to the diverse needs of their customer base, ranging from global telcos to private network operators. This strategy offers three editions of their product, ensuring each customer type receives an experience tailored to their requirements. Addressing growth predictions, Chapman acknowledges a market forecast of 8% growth for the next year but emphasises a shift in their strategy that will focus on higher-margin software revenues, potentially leading to a 48% growth in their adjusted EBITDA. The duo remains optimistic about IQGeo's competitive edge and future growth prospects. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 16, 2023 07:56 AM Eastern Daylight Time

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SSV Capital NED reveals high hopes ahead of SmartPay soft launch

SSV Capital Ltd

SSV Capital Non-Executive Director David Lewis visits the Proactive London studio to speak with Thomas Warner about the emerging company's core mission and pillars. SSV Capital is a portfolio company with an underlying ESG (Environmental, Social, and Governance) focus that emphasises the intertwined importance of people, planet, and prosperity. The firm operates on three main pillars: a FinTech initiative named SmartPay, a commercial property division focusing on eco-friendly solutions, and a fund exclusively centred on ESG investments. Lewis, who brings experience in digital transformation, highlights the company's commitment to investing in organisations with similar ESG goals. He expresses excitement about SmartPay's upcoming soft launch, which utilizes QR codes and open banking standards to reduce costs and environmental impact. Lewis explains that his decision to join SSV Capital was influenced by the company's dedication to addressing climatic challenges and its talented executive team. He says "As a planet we're in an existential crisis, and in that context it is obligatory for those of us who... understand the crisis to engage with it." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 16, 2023 06:27 AM Eastern Daylight Time

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Tribe Property Technologies round out management team announcing Angelo Bartolini as CFO

Tribe Property Technologies Inc.

Tribe Property Technologies CEO Joseph Nakhla and new company chief financial officer Angelo Bartolini joined Steve Darling from Proactive to provide some key updates on the company. Bartolini, with over 12 years of experience in a public company setting, has taken on the role of CFO at Tribe Property Technologies. His most recent position was as CFO of Altus Group, where he played a crucial role in driving transformative growth for the company. In his new role at Tribe, Bartolini will leverage his expertise in capital management, equity and debt financing, and performance management including budgeting and forecasting, financial risk management, and M&A execution and integration. Bartolini shared his perspective on why he chose to join Tribe and how he plans to leverage his experience to contribute to the company's progress. Additionally, Joseph Nakhla announced that Tribe Property Technologies has signed a definitive loan agreement with the Technology and Innovation Banking arm of a Canadian bank, securing up to $15 million. This facility comprises a $3 million operating line to support the company's working capital requirements and an M&A facility of $7 million, with an additional $5 million allocated for future use. This financing agreement reflects the company's strategic approach to financial management and its commitment to supporting its growth initiatives. In summary, Tribe Property Technologies has strengthened its leadership team with the appointment of Angelo Bartolini as CFO, adding significant financial expertise to the company. The financing agreement further positions Tribe for growth and expansion as it continues to provide innovative solutions in the property management sector. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

October 13, 2023 02:20 PM Eastern Daylight Time

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News Release

New Play-to-Earn Meme Coin NuggetRush Launches Presale - Next 10x Crypto?

RoundHouse Media

TL;DR - NuggetRush (NUGX) is a groundbreaking protocol that bridges the gap between gaming and the crypto universe. - It is a highly immersive P2E game where players can earn NUGX rewards while having a lovely time in arguably one of the best games with thrilling storylines in 2023. - The NUGX presale launch has ignited frenzy from meme coin fans and astute investors who have identified an once-in-a-lifetime opportunity. - Supporters are convinced that NUGX is an undervalued gem that will easily become a 10X sensation, outperforming top coins like Cardano (ADA). NuggetRush (NUGX) is currently showing the broader crypto world and the gaming scene what it means to understand and solve problems facing users. The platform is releasing novel concepts that have thus far captured the imagination of investors and enthusiasts alike. As of October 2023, NuggetRush is undoubtedly one of the best coins to invest in, a crypto star that promises to change how serious investors perceive meme coins and reshape the entire multi-billion play-to-earn gaming industry. So, what is driving NuggetRush, and why do investors want NUGX to be one of the top crypto coins in the coming months, surging by more than 10X on launch? Visit NuggetRush Presale NuggetRush: A Play-to-Earn Marvel Merging Gaming Meets Crypto NuggetRush (NUGX) is a groundbreaking protocol that has finally succeeded in bridging the gap between gaming and the fast-moving and demanding crypto universe. The platform offers a highly immersive P2E game where players can earn NUGX rewards while having a lovely time in arguably one of the best games with thrilling storylines in 2023. NuggetRush is launching on Ethereum (a proven blockchain) and utilizing its time-tested and secure smart contracts so that players can easily monetize their gaming skills, effectively turning their passion into money in a secure environment. Visit NuggetRush Presale NUGX Presale Buzz: The Next 10x Crypto? For what lies ahead, the NUGX presale launch has ignited a frenzy from meme coin fans and astute investors who have identified a once-in-a-lifetime opportunity. Supporters are convinced that NUGX is an undervalued gem that will easily become a 10X sensation, outperforming top coins like Cardano (ADA). Because of this expected growth, many say NuggetRush could revive the highly depressed gaming and NFTs scene in 2023, even triggering a bull run once the project launches. As of mid-October, there has been a noticeable spike in NuggetRush-related searches in top search engines like Google and Bing. This could mean that early adopters and some of crypto's top investors view NUGX as a golden opportunity to get exposure in a well-thought-out project that seamlessly blends entertainment, crypto, and finance. As history reveals, the presale phase of quality protocols can offer exclusive benefits for early investors who stand to become "whales" and influencers as the project matures and delivers its vision-mission statement. Accordingly, those positioning themselves in NUGX in what will easily be a top ICO-- if past performance of other crypto success repeats--stand to reap big profits as the ERC-20 coin surges to even register more than 10X gains. Visit NuggetRush Presale Looking Ahead: Navigating the NuggetRush Journey NuggetRush has an edge that's increasingly hard to find in crypto: it places the community at the core of its development journey. The protocol's creators understand the significance of fostering a dedicated and passionate user base to propel its growth. Through collaborative decision-making, where NUGX holders play a crucial role, the community determines the project's direction. Already, NuggetRush developers have revealed that they will renounce their smart contracts, giving control to holders. This inclusive approach enhances transparency and ensures that the project resonates with the audience it aims to serve. The NUGX presale is already bringing a sense of excitement and anticipation. The fusion of gaming, crypto, and community engagement has laid the foundation for what could easily be a game-changing platform. Factoring the deflationary nature of the token and the structure of the presale that's set to massively benefit early adopters, there could be an opportunity for early birds to scoop NUGX, which is available at a discount, as they await for more than 10X their investment. Visit NuggetRush Presale Contact Details NuggetRush Team media@nuggetrush.io

October 13, 2023 09:30 AM Eastern Daylight Time

How Safe Is A Gold Investment In 2024?

Benzinga

By Faith Ashmore, Benzinga The past few years have been marked by high inflation and unstable markets. As we go into an election year – which is an economic environment known to be notoriously volatile – it's important to once again revisit what type of investments are relatively safe from market turbulence. Historically, commodities and metals have always been investors’ preferred stores of value because they help hedge against inflation. But the question remains: as the world becomes more digitized and currencies like Bitcoin take off, are commodities like gold still a worthwhile investment? According to many respected experts, the answer is yes. Gold has consistently proven itself a reliable investment option, especially during uncertain times. One such example was seen in 2020 when the global pandemic led to market pessimism and caused the price of gold to reach a historic high of $2,074 per ounce. Similarly, in 2022, Russia's invasion of Ukraine in late February drove the yellow metal's value above $2,000 once again. Following the pandemic, the gold market narrative has primarily revolved around two contrasting factors: persistently high inflation and the actions of central banks, with particular emphasis on the U.S. Federal Reserve. Central banks, like the Fed, have been raising interest rates in response to soaring consumer prices. While no investment is truly safe, this dynamic has further solidified gold's reputation as a safer investment choice for those seeking stability in uncertain economic environments. Gold has historically been considered a hedge against inflation, as it tends to retain its value or even appreciate during periods of rising prices. Analysts at UK-based Standard Chartered shared that they expect “to see gold as a core holding and a key portfolio diversifier… we expect the physical market to pick up the baton from here as we enter the seasonally strong period for consumption. The recent escalation of the Russia-Ukraine conflict is one example of a geo-political factor likely to drive safe-haven flows to gold. On a 12-month horizon, we believe gold will move higher as bond yields moderate and the USD rolls over.” When considering investing in physical precious metals, investors typically go one of two routes: investing in a Gold IRA or investing in physical gold and silver bars and coins. A Gold IRA is a type of self-directed retirement account where the holder invests in physical gold instead of conventional assets such as stocks, bonds or mutual funds. It is becoming increasingly popular as a method to prepare for retirement and help protect savings. If you are seeking additional information or ready to get started, here’s what you can do: You can rollover an existing account or open a Gold IRA account with Preserve Gold, a leading U.S.-based precious metals firm. They have 0 BBB complaints – which would seem to be notable by industry standards – and excellent reviews. The company specializes in helping individuals and families diversify and protect their wealth through tangible precious metals. Preserve Gold distinguishes itself through its focus on three core principles: integrity, transparency and consistency. These principles serve as the company’s foundation for long-lasting customer relationships and reinforce the company's commitment to providing trustworthy and reliable services. To ensure a smooth and secure purchasing process, Preserve Gold offers an informed and easy way to acquire precious metals. The company's knowledgeable team assists clients in making educated purchasing decisions while prioritizing security and ease of transaction. If you’re someone who is considering investing in gold, adding a Gold IRA to your retirement portfolio can prove to be a valuable asset. It presents a range of advantages that not only help to keep your savings afloat but could also contribute to its growth in the long run. When deciding to invest in a Gold IRA, having a trusted partner like Preserve Gold can be key to achieving your financial goals. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 13, 2023 09:15 AM Eastern Daylight Time

Tiziana to Announce Six-Month Human Safety and Biomarker Data at the ECTRIMS Annual Congress, Following-Up from Positive Outcomes Data Presented in June

Benzinga

By Rachael Green, Benzinga Tiziana (Nasdaq: TLSA) is following-up with anticipated human data and announced the acceptance of a late-breaking poster at the 39th Congress of the European Committee for Treatment and Research of Multiple Sclerosis ( ECTRIMS ) being held in Milan, Italy, October 11-13, 2023. The company will present a poster titled, “Treatment Of Six Non-Active Secondary Progressive MS With Nasal Anti-CD3 Monoclonal Antibody (Foralumab): Safety, Biomarker, And Disability Outcomes”, which is a follow-up from the positive data presented in June on 5 out of 6 patients. The key takeaway is that Tiziana’s research through its FDA authorized Expanded Access program has shown continued improvement in SPMS patients over time treated with foralumab, the Company’s intranasally administered anti-CD3 monoclonal antibody. In June, Tiziana announced a reduction in microglial activation as seen in 3-month Positron Emission Tomography (PET) scans in a total of 5 of 6 patients treated. The safety and biomarker data presented at ECTRIMS will include a clinical update on all 6 patients and will include six-month of follow-up with a PET scan. Activated microglia are believed to play a prominent role in the pathogenesis of neuroinflammatory diseases including multiple sclerosis, Alzheimer’s disease and amyotrophic lateral sclerosis (ALS). A reduction in microglial activation is associated with lowered inflammation in the brain. Inflammation in the brain drives the disease pathology in multiple sclerosis. In SPMS, inflammation in the brain occurs in microglia, the brain’s immune cells, which drive the neurodegeneration of brain cells. During the inflammatory process associated with SPMS, microglia are involved in the destruction of myelin, the protective sheath covering of nerve fibers, and contribute to the formation of MS lesions. The Company announced in September advancing site selection for the SPMS phase 2a trial, which will have up to ten new clinical sites across the US. The news followed an Investigator's Meeting with principal investigators at Brigham and Women's Hospital, a founding member of Mass General Brigham Healthcare System, to begin site initiation. Matthew W. Davis, M.D., RPh, Chief Operating Officer and Chief Medical Officer of Tiziana Life Sciences, stated in the press release, "As planned for this quarter, we are on track and have begun site initiation visits so patient enrollment begins in this critical clinical trial. Advancing our lead anti-CD3 therapeutic, foralumab, in na-SPMS into Phase 2a will enable Tiziana to define novel endpoints, such as PET imaging, a similar target endpoint in our Expanded Access program (EAP). We are encouraged as five out of six patients in our open-label EAP have improved by qualitative analysis in their PET scans (3 months of treatment) compared to baseline. Phase 2a na-SPMS study assesses the same outcome measure, but now, and for the first time for this novel therapeutic, in a double-blind, randomized placebo control, a multi-center trial is now underway.” This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 13, 2023 09:15 AM Eastern Daylight Time

Nextech3D.ai announces MapD and ARway team up for Augmented Reality Mobile App

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to share news regarding a significant development in the company's MapD business unit. MapD has successfully integrated and launched its indoor navigation capabilities with ARway.ai's cutting-edge technology, opening up a world of possibilities for event organizers. This integration marks the inception of a groundbreaking Augmented Reality (AR) Powered Event Mobile App. This technology introduces a new revenue channel for event organizers through exclusive AR experiences accessible solely via the event mobile app. Event organizers can take advantage of white-glove deployment services and sponsorship sales services, creating a novel and lucrative approach to event monetization. One of the key benefits of this integration is the ability to offer immersive AR experiences, which can include 3D/AR mobile games and other interactive elements. These experiences will transform the way attendees engage with events, making them more interactive and enjoyable. Furthermore, this integration enables event organizers to offer attendees a first-of-its-kind AR navigation experience at trade shows and other events. This not only enhances the overall quality of event experiences but also creates a powerful new revenue stream for organizers. By offering AR sponsorships and immersive experiences, events can tap into a new source of income and further engage attendees. In summary, the integration of MapD and ARway.ai represents a significant advancement in the field of event technology. It offers event organizers a unique opportunity to enhance their events with immersive AR experiences and generate additional revenue through sponsorship opportunities. This innovative approach aligns with Nextech3D.ai's commitment to leveraging cutting-edge technology to enhance event experiences and create new opportunities for growth. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

October 12, 2023 02:17 PM Eastern Daylight Time

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HTX Ventures Announces Investment in REPUBLIK's $6M Seed Funding Round

HTX

Singapore – October 11, 2023 – HTX Ventures announced its investment in REPUBLIK, an emerging Web3 startup within the domain of social platforms. This investment aims to support REPUBLIK in advancing its Web3 platform designed for creators and their supporters to connect and earn rewards. HTX Ventures' investment underscores its steadfast commitment to long-term industry advancement and its dedication to fueling innovation and growth within the blockchain ecosystem and the creator economy. HTX Ventures joined 13 other prominent investors in REPUBLIK's successful $6 million seed funding round, pushing its valuation to $75 million. Founded in 2022, REPUBLIK is a technology company headquartered in Singapore that provides content creators a platform to engage with their communities and reward their followers based on their interactions. This empowers creators to create, engage with, and monetize their content. As the community continues to expand rapidly, REPUBLIK is redefining the landscape of online interaction. The funds raised will be allocated to furthering the development of REPUBLIK's platform and the establishment of their state-of-the-art Web3 creator tools on the blockchain. Although REPUBLIK's app is currently in beta on Android, iOS, and the web, it has garnered significant interest. The platform provides creators with inventive methods for interaction and recognition for their contributions. A representative from HTX Ventures commented "the landscape of social platforms is undergoing a transformation with the emergence of Web3, and REPUBLIK's distinctive practice of consistently rewarding the community sets them apart within the realm of SocialFi projects. In addition to their creator-centric approach, REPUBLIK holds the potential to offer a compelling value proposition for existing Web2 users." "For too long, people have devoted their time, attention, and creativity to existing platforms, often receiving little in return. REPUBLIK is set to change this by ensuring a fair distribution of community value. We're thrilled to have investors who share our vision and partners who are assisting us in building a genuinely community-owned platform," expressed REPUBLIK's CEO Daniel He. HTX Ventures, the global investment arm of HTX, leverages an integrated approach that combines investment, incubation, and research to identify the most exceptional and promising teams around the world. As a pioneer with a decade of experience in the blockchain industry, HTX Ventures is committed to driving the development of cutting-edge technology and emerging business models within the industry, offering comprehensive support to collaborative projects, including financing, resources, and strategic consulting, to establish a long-term blockchain ecosystem. To date, HTX Ventures has supported over 200 projects spanning multiple blockchain tracks, with some high-quality projects already listed on HTX for trading. Additionally, HTX Ventures is an active participant in fund-of-funds (FOF) investment, collaborating with top global blockchain funds like IVC, Shima, Animoca, and others to collectively foster the evolution of the blockchain ecosystem. In the foreseeable future, as the Web3 ecosystem continues to evolve, social platforms are poised to emerge as the most dynamic avenues for user engagement. The expansion of REPUBLIK holds the promise of reshaping the Web3 social interaction landscape and the creator economy. HTX Ventures will closely monitor REPUBLIK's advancements. About REPUBLIK Republik is on a mission to connect creators to their communities while rewarding everyone based on their interactions. With a rapidly growing community, REPUBLIK redefines the realm of online interaction. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

October 12, 2023 01:49 PM Eastern Daylight Time

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Fall & Holiday Finds

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

October 12, 2023 01:08 PM Eastern Daylight Time

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