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LogicMark (NASDAQ: LGMK) Makes Expansion Push With Mobile Personal Safety App Aster As It Pivots From Medical Alerts With CPaaS Model

Benzinga

By Gerelyn Terzo, Benzinga The recent terror scare at Taylor Swift’s Vienna concerts has thrust personal safety into the spotlight around the globe. Security is big business, as the personal safety and security device market in 2023 was worth over $45.2 billion and is projected to surpass $133.7 billion by year-end 2036. LogicMark (NASDAQ: LGMK) is at the forefront of transformative software technology that works to help make people feel safer wherever they may be. LogicMark aims to disrupt the personal emergency response systems (PERS) market by applying its transformative technological innovation to this area. As part of its transformation, the company has recently been expanding its product pipeline into new markets. Known for its Freedom Alert Pendant, the maiden two-way voice communication device that connects directly to emergency workers via 911 and supports multiple contacts, LogicMark has been known as a hardware company since its inception in the early 2000s. As an early mover in the PERS segment, LogicMark makes its offerings available across price points to customers. Now the company has expanded into direct-to-consumer (DTC) and subscription-based services, where it continues to evolve its capabilities across connected technology and medical alert products, including PERS offerings. The company says its latest innovation is ahead of its time. For example, PERS solutions are known for their reactive technology, responding to emergencies that are already taking place, which is groundbreaking in its own right. However, LogicMark’s latest service goes on offense, harnessing connected and predictive technology with algorithms that are able to anticipate a user’s falls and other issues before they even happen. In 2024, the company reinvented itself from a pure hardware play to a subscription-based services model in which it offers multiple layers of services, thereby diversifying its revenue streams beyond those generated by hardware and accessories. To reflect its expanding portfolio, LogicMark pioneered the Caring Platform as a Service (CPaaS) market segment, even coining the phrase in a nod to the software-as-a-service (SasS) niche. CPaaS is a market that has emerged amid the rise of mobile ride-share apps, mobile dating sites and other technologies that can create potentially vulnerable situations for users. With a tech-centric leadership team in place, LogicMark is making its mark in the internet of things (IoT) and the rising care economy. LogicMark Launches Safety App Aster In early 2024, as a part of its pivot from a singular focus on medical alerts to a broader one on personal safety, LogicMark expanded its product portfolio with the launch of the Aster safety mobile application. With a heightened focus on growing its sales in the online and direct-to-consumer (DTC) segments, LogicMark’s app added another revenue stream from a new market to its business model while broadening its offerings to support the safety needs of a growing population. Perhaps more importantly, with the Aster app, LogicMark has expanded its footprint into a new total addressable market under the personal safety umbrella through which it has the potential to generate multiple revenue streams. For example, the company envisions adding additional services to the app. Thanks to Aster, LogicMark’s addressable market now extends beyond the care economy for seniors to potentially reach the global population. Safety app Aster is a subscription-based software application that’s available on both the Apple and Google Play stores. This software solution is akin to having a group of buddies, one that the company affectionately refers to as a village, in your back pocket, whether it’s friends, sorority sisters, parents, neighbors etc. In return, users gain peace of mind in any situation while staying connected to their own personal village. Quite literally, LogicMark’s Bluetooth button, which is no bigger than an AirTag, can be physically clipped to any key chain or bag as well as fitting in small pockets or adorned on clothing. Coupled with the Aster app, it acts as a quick-access emergency device – helping solve a problem for not just seniors but all Americans who want to feel safer. LogicMark CEO Chia-Lin Simmons stated in the company’s fourth-quarter earnings release, “Aster is an excellent example of how our Caring Platform as a Service (CPaaS) model can be leveraged to launch other internet-of-things (IoT) solutions.” LogicMark says its Aster app only scratches the surface of the potential of the CPaaS market, as the software technology can be harnessed to produce other IoT Solutions. Aster is the company’s maiden use case for the CPaaS model from which it plans to introduce fresh IoT solutions to protect the safety of users while also allowing family, friends and caregivers to stand watch over others from afar. LogicMark says that given its early mover status, the company has a market share advantage in this field. Investors who are interested in participating in the potential continued growth of this technology company can gain a glimpse of past performance in LogicMark’s stock chart here. While a corporate transformation can result in volatile fundamentals, some analysts believe that the company has momentum on its side as sales “comparisons become more apples to apples,” per Zack’s small-cap stock research. If you’ve got further questions about investing in LogicMark, contact the company’s investor relations team for more information. Featured photo by wiredsmartio on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. 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

August 20, 2024 08:30 AM Eastern Daylight Time

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Avenue Z Announces Strategic Partnerships with TikTok Shops and Shopify: Driving New Advancements in Social Commerce

Avenue Z

Heading into the crucial Q4 holiday retail season, Avenue Z, a media and technology company, announced its strategic partnerships with TikTok Shops and Shopify. These collaborations amplify Avenue Z’s cutting-edge approach, highlighting its role as an official TikTok Shops Agency Partner and Shopify Plus Partner, delivering unmatched benefits to shoppers, creators, and brands. Avenue Z, a leader in social commerce, is renowned for its ability to drive influence across all channels, where Shopify’s e-commerce platform and TikTok Shops’ affiliate and influencer marketing abilities are a critical part. “Shopify and TikTok Shops are the key drivers paving the new path that is social commerce” said David Corchado, Chief Strategy Officer at Avenue Z, and Head of Channel Partnerships. “They continue to innovate store functionality and enhance the on-platform shopper experience. Now with the prioritization of TikTok Live content, any DTC / B2C brand heading into the holiday retail season must have these two pieces in their e-commerce ecosystem, or they’ll miss the mark on Q4 performance.” This partnership provides direct access to TikTok Shop expertise, along with insights from Shopify and Shopify Plus experts, all designed to optimize the shopping experience, boost revenue, and enhance brand reputation. Avenue Z will also be working with brands on TikTok to stream “LIVE” content allowing viewers and creators to interact in real-time. Easy Access to TikTok Shop Expertise for Brands With over 150 million monthly active users in the US, TikTok is revolutionizing social commerce. Avenue Z’s status as a preferred TikTok Shops Partner (TSP) allows brands to tap into platform expertise and support to leverage viral marketing trends, transforming product discovery into instant purchasing decisions. This collaboration enables brands to easily engage with TikTok’s dynamic audience through Avenue Z’s expertise and creator network, leveraging real-time analytics and advanced tools to maximize sales and brand presence. “Affiliate and influencer marketing have evolved and merged into a highly effective strategy for performance marketing,” said Jonathan Snow, Chief Innovation Officer at Avenue Z, in a recent Fast Company article. “Brands can make the most of this by engaging a large number of affiliates and offering attractive commissions, all through the TikTok Shop platform. Paired with our platform expertise, social commerce will be a critically important revenue generating channel for brands in Q4.” Shopify Expertise for eCommerce Brands As a Shopify Plus Partner, Avenue Z helps brands optimize their digital storefronts and expand their reach, driving growth in a competitive marketplace. With Shopify, brands can manage and grow their online presence across multiple channels, ensuring a seamless shopping experience that meets the evolving preferences of today’s consumers. “This is why our Shopify Plus Partner status is so important, we’re able to bring the best in e-commerce to our clients,” said Snow. “Shopify has the world’s highest converting checkout experience, augmented by Shop Pay which expedites the payment process and offers consumers rewards and cashback. Thanks to this, Shopify Payments represents a staggering 61% of Shopify’s GMV, which climbed $2B in Q2 2024 (YoY), and was able to do so despite unfavorable consumer market conditions. When the tide turns and we enter a stronger consumer market in the near future, just imagine what Shopify’s growth will accelerate to.” Snow’s outlook for DTC/B2C brand performance in Q4 2024 remains strong, but only when best-in-class e-commerce tools and talent align, as is the case with Avenue Z’s Shopify Plus Partnership. Biggest Brand Benefits: Driving Revenue, Elevating Reputation As Avenue Z continues to pioneer advancements in social commerce, the strategic partnerships with TikTok Shops and Shopify mark a significant milestone. “Channels like this - TikTok and Shopify - are critical avenues for driving influence today, for brands looking to elevate reputation or increase revenue,” said Jeffrey Herzog, Founder, Chairman, and CEO of Avenue Z. “They are top performers in our channel network, excelling at driving commerce, connections, and conversions for our clients. We will undoubtedly expand in this area by adding more channels and expertise in the coming months." These partnerships highlight Avenue Z's continuous effort to stay at the forefront of innovation, ensuring that their clients can leverage the latest technological advancements to captivate and engage audiences across all channels. About TikTok Shop & TikTok Shop Partners (TSPs): TikTok Shops is a completely personalized and fully integrated commerce solution, where sellers can authentically connect with creators and communities to drive meaningful shopping experiences. Their network of experienced TikTok Shop Partners (TSPs) offer a range of services to sellers, enabling them to scale business on TikTok Shop effectively. About Shopify & Shopify Plus Partners: Shopify is the #1 complete commerce platform that lets anyone start, manage, and grow an e-commerce business. By bundling commerce activities into a single platform, business owners can sell in multiple places, across multiple channels, and integrate features and functionality that shape the future of commerce. Shopify Partners make up a diverse ecosystem across all segments of ecommerce, helping brands to innovate and implement faster. About Avenue Z: Avenue Z is a media and technology company breaking traditional boundaries between digital marketing, advertising and strategic communications. Our unique combination of smart media and smart content, informed by data science, has proven to increase a brand’s revenue and elevate its reputation. From the Wall Street Journal to TikTok, PR to social and search, our approach yields outcomes in commerce, connections, and conversion across all channels. With experts based in Miami, New York, and Orlando, serving a global roster of category leading brands - we drive influence. Visit www.avenuez.com Contact Details Avenue Z +1 407-637-2833 press@avenuez.com Company Website https://www.avenuez.com

August 20, 2024 08:15 AM Eastern Daylight Time

New Survey Finds 1 in 10 US Workers are Digital Nomads: Social Contract and Policy Response Are Needed by Regulators and Corporations Alike

MBO Partners

The latest research conducted by MBO Partners® reveals that digital nomadism like many other social norms has evolved, faster than relevant regulation and corporate policies from a niche lifestyle to a mainstream work movement, necessitating urgent action from employers to adopt comprehensive policies now and for a change in the social contract between workers and corporations. The 2024 State of Independence Report shows that 11% of the U.S. workforce, or 18.1 million workers, now identify as digital nomads. Despite this trend, 36% of these workers operate without formal employer consent, exposing companies to significant regulatory, tax, compliance, and cybersecurity risks. As more workers aspire to this lifestyle, formal, enforceable policies become critical, enabling employers to mitigate risks and capitalize on this rapidly growing workforce segment. “Today, leading organizations know they must attract top talent to survive, including allowing workers to operate when and where they want,” said Miles Everson, CEO of MBO Partners. “Implementing formal policies to track and engage with remote and nomadic workers should be considered standard practice. In this case, policies aren’t restrictive, they help attract the most in-demand workers while reducing potential legal, regulatory, and IT risks. At the same time today’s social contract is outdated and needs to be changed to reflect the reality of workers’ rights and to properly align work arrangements to reduce the regulatory burden on corporate America." Key trend insights revealed in this year’s study include: Digital Nomadism has evolved from niche to normal. The 2024 report reveals that more than one in ten workers is now a digital nomad, reflecting a 4.7% increase from the previous year and a remarkable 147% growth since 2019. Digital nomads now constitute 11% of the U.S. workforce, reflecting that this way of working is now the new normal for independent workers and traditional employees alike. Structured digital nomad programs are win-win for employers and workers alike. As digital nomadism becomes more prevalent, employers recognize the benefits of implementing these programs for talent acquisition and internal compliance with tax, legal and security policies. Digital nomads are ambassadors for work-life balance. Digital nomads often serve as ambassadors for their companies, showcasing the attractive work-life balance that employers of choice can offer. By aligning work projects with employees’ travel plans, companies can create a win-win situation where both productivity and employee satisfaction are maximized. This alignment not only enhances the employee experience but also fosters a positive and dynamic company culture. ‘Slomading’ and ‘Tethered Nomading’ trends strengthen social connections. Four in ten (40%) of digital nomads plan to spend more time in the U.S. next year, both due to the increasing complexities of travel and because they may have some in-office requirements. In fact, 51% plan to travel exclusively within the U.S., up from 42% in 2022. Digital nomads visit fewer locations but spend more time at each stop, a trend known as “slomading.” This approach provides a more active social life, reduces travel stress, and improves work productivity and relational diversity. Hidden corporate digital nomads create risks. Digital nomads with traditional jobs can leave their employers vulnerable to regulatory, tax, compliance, and legal risks. Despite these risks, few organizations have formal digital nomad policies. Many digital nomads work under informal agreements or without their employer’s knowledge, increasing legal and cybersecurity risks. About one-third of digital nomads with traditional jobs are “hidden,” meaning their companies are unaware of their nomadic status. Millions aspire to be digital nomads. In 2024, 21 million workers expressed a desire to become digital nomads, with 45 million considering it. This shows a significant interest in the lifestyle, despite only 7% to 9% of these aspirants becoming digital nomads. This data highlights a ready pool of potential digital nomads to fuel the trend’s continued future growth. To obtain a copy of the 2024 MBO Partners Digital Nomad research brief, please visit https://www.mbopartners.com/state-of-independence/digital-nomads About MBO Partners® MBO Partners is a direct sourcing platform that enables enterprises and independents to work efficiently together. Its unmatched experience and industry leadership enable it to operate at the forefront of the independent economy and consistently advance the next way of working. For more information, visit mbopartners.com. Contact Details Words For Hire PR Karen Swim, APR +1 586-461-2103 pr@mbopartners.com MBO Partners Michelle (Mick) Lee, Chief Administrative Officer mlee@mbopartners.com Company Website https://mbopartners.com

August 20, 2024 08:00 AM Eastern Daylight Time

The Fastest Growing Entertainment Phenomenon Opens in Regina, Saskatchewan, August 21, Announces Free Admission During Opening Week

Activate

Activate, the world’s first active gaming facility and TikTok viral sensation, is thrilled to open its doors in Regina, Saskatchewan, on August 21. To celebrate the opening of its first location in Regina, Activate will offer free admission from Wednesday, August 21, to Wednesday, August 28, 2024. Guests can sign up here, and the first 50 visitors will also receive an exclusive free gift. Following its triumphant launches in Chicago, New Jersey, Atlanta, Dallas, and Kansas City, and Canadian locations like Calgary, Winnipeg, and Halifax, Activate is now setting the stage ablaze with its groundbreaking entertainment experience located at 2550 Quance Street, Regina, SK S4V 2X5! Activate Regina’s cutting-edge gaming venue invites players of all abilities to dive in and craft their own adventures. Equipped with advanced electronic RFID wristbands, the facility enables players to track their progress, accumulate points, advance through levels, and win prizes as they go. ”Expanding to Regina is an exciting milestone for Activate Games. We’re thrilled to bring our unique blend of immersive entertainment to this vibrant community,” proclaimed Adam Schmidt, Founder & CEO of Activate. “Regina’s strong sense of community and enthusiasm for new experiences make it the perfect location for us. We’re eager to provide a space where people of all ages can come together, challenge themselves, and have a blast.” Activate is revolutionizing the gaming universe with unstoppable momentum, now dominating 40 locations across the United States and Canada. With a colossal global player base of over 2.6 million and a social media empire that’s nothing short of monumental, Activate is at the forefront of immersive entertainment. Activate Regina invites players of all ages and skill levels to explore and create their own unique gaming experiences. Here’s what to expect: 12,989 Square Feet of active gaming fun 12 different game rooms to conquer; with the full gaming experience lasting 75 minutes. Top gaming rooms include the TikTok viral sensation Mega Grid with 500+ multi-activated tiles, blasting the beaming bullseye in a game called Strike, and feeling like a modern-day spy in the Laser room. Wear activewear and indoor runners. When: Mon-Thurs: Sun-Thurs 9:30 a.m. - 10:00 p.m., Fri-Sat 9:30 a.m. - 11:00 p.m. Where: 2550 Quance Street, Regina, SK S4V 2X5, Canada. Guests can sign up in groups of two to five players. Additional Activate locations are set to launch in Canada this year, including locations in Toronto Stockyards and Coquitlam, BC. In the United States, new sites will open in prominent markets such as New York (Roosevelt Field) and Detroit, MI. Internationally, Activate is expanding with a Dubai location scheduled for Fall 2024 and a UK debut in 2025. Currently, Activate is growing in 40 locations across Canada and the U.S., continuing its rapid expansion. For a sneak peek into Activate’s dynamic gaming experience click here. Join the Inner Circle to be the first to hear about new locations, behind-the-scenes information, deals, and more. Please find imagery assets here. NOTE: The free admission offer, limited to one entry per person, is valid for a one-week period starting Wednesday, August 21, 2024, and ending Wednesday, August 28, 2024. Please secure your spot online at https://playactivate.com/regina. This offer is non-transferable and cannot be exchanged for cash or any form of credit. Management reserves the right to cancel or modify at anytime without prior notice. Activate is the world’s first active-gaming experience where players #EnterTheGame. Activate offers a unique blend of physical activity and gaming that promotes a healthy lifestyle. Each Activate location provides fun and interactive rooms for players to compete, earn stars and track achievements. With the global headquarters located in Winnipeg, Canada, Activate has grown to 40 locations across Canada, the U.S. and now the world! To join the active gaming movement, visit Activate and follow on social media: Facebook: Activate Instagram: @activategames TikTok: @activategames Contact Details Jalila Singerff +1 613-614-6777 jalila@jiveprdigital.com Company Website https://playactivate.com

August 20, 2024 08:00 AM Eastern Daylight Time

BestGrowthStocks.Com Issues a Comprehensive Analysis of Richtech Robotics

RR - Richtech Robotics

NEW YORK, NY / NewsDirect / August 20th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis of Richtech Robotics, Inc. a Nevada company and a provider of AI-driven service robots. Richtech Robotics, Inc. (NASDAQ: RR) has garnered significant investor attention following the announcement of the official installation of their robotic solution ADAM at the Texas Rangers’ Major League Baseball stadium, Globe Life Field. BestGrowthStock.Com recently issued a comprehensive analysis of Richtech’s operations, competitors and competitive advantages, potential catalysts, growth drivers, financials, share structure, estimated cash runway, chart setup with support and resistance levels, and more. Access this full analysis free: https://bestgrowthstocks.com/access-richtech-robotics-analysis/ Access this full analysis and bonus AI report with no obligation: https://bestgrowthstocks.com/access-richtech-robotics-analysis/ About Richtech Robotics Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Their mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, they aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at https://www.richtechrobotics.com/ and connect with them on X (Twitter), LinkedIn, and YouTube. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details BestGrowthStocks.Com Steve Macalbry +1 989-274-7778 editor@bestgrowthstocks.com Company Website https://bestgrowthstocks.com/

August 20, 2024 07:05 AM Eastern Daylight Time

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CleanCloud Expands Global Footprint, Now Partnering with Businesses in Over 100 Countries

CleanCloud

CleanCloud, the leading software provider for laundromats and dry cleaners, proudly announces that it now partners with businesses in more than 100 countries worldwide. This milestone not only solidifies CleanCloud’s position as the largest operator in terms of absolute customers and global reach within the industry but also places it among an elite group of global businesses, known for delivering consistent and reliable service on a worldwide scale. Global Expansion and Market Leadership Since its founding in 2014, CleanCloud has been committed to revolutionizing the laundry industry with its innovative software solutions. This latest achievement underscores CleanCloud’s success in offering powerful, user-friendly tools that help dry cleaners and laundromats digitize their orders, streamline operations, and enhance efficiency. A Testament to Industry Excellence CleanCloud’s rapid expansion and growing customer base highlight its ongoing commitment to providing top-tier service and adapting to the evolving needs of modern laundry businesses. The company’s reputation for reliability, scalability, and comprehensive features has made it the preferred choice for growth-oriented laundromat and dry cleaning operations looking to capitalize on the increasing demand for convenient and efficient services. • 100+ Countries: CleanCloud’s software is now trusted by laundromats and dry cleaners in over 100 countries, showcasing its widespread acceptance and reliability. • Industry Leader: As the largest operator in the laundry software market, CleanCloud continues to set the standard for digital transformation in the industry. Customer Success at the Core “Reaching over 100 countries is yet another significant milestone for CleanCloud and a testament to the trust and satisfaction of our global customer base,” said CleanCloud’s Co-Founder and CEO, John Buni. “We are incredibly proud of this achievement and remain dedicated to serving and empowering laundry businesses of every size in every geography, providing them with the latest tools they need to succeed in a digital-first era.” Ric Pryce, Senior Sales Team Lead at CleanCloud, added, “CleanCloud is so universally loved that no matter the business size or location, new customers and their employees instantly connect with it and realize the huge value it brings to their business. Our software’s intuitive design and powerful features make it an indispensable tool for any laundry operation.” About CleanCloud CleanCloud is at the forefront of the digital transformation in the laundromat and dry cleaning industry, offering a suite of advanced software solutions designed to streamline operations, enhance customer experiences, and boost revenues. With a focus on innovation, reliability, and customer support, CleanCloud continues to lead the way in helping laundry businesses worldwide achieve their ambitions. For media inquiries, please contact: Leanne Patterson Head of Marketing CleanCloud leanne@cleancloud.com Media Contact: Leanne Patterson Head of Marketing CleanCloud Email: leanne@cleancloud.com Contact Details Clean Cloud Leanne Patterson leanne@cleancloud.com

August 20, 2024 07:02 AM Eastern Daylight Time

Lana Digital Innovatively Launches “Revolving Line of Credit” Enhancing Financial Inclusion

Rev Up Marketers

LANA DIGITAL SA DE CV SOFOM ENR, a leading Mexican financial institution, has announced the launch of an innovative Revolving Line of Credit. This new product, accruing interest daily and allowing users to borrow and repay at any time, is designed to provide Mexican customers with more flexible and affordable financial solutions. The introduction of this product significantly enhances Lana Digital's presence in the financial inclusion sector, positioning the company as a major innovator in Mexico's financial market. In Mexico's current credit market, many loan products have fixed terms, often leaving users with inflexible repayment schedules. This rigidity can increase the burden on borrowers and may result in costly late fees. Lana Digital's Revolving Line of Credit addresses these challenges by offering a more adaptable solution. With Lana Digital's Revolving Line of Credit, users can borrow and repay funds within a specified timeframe without needing to reapply. Interest is charged only on the amount borrowed and for the days it is used. If users repay the loan early, they benefit from reduced interest costs. This flexibility allows users to tailor their repayment plans to their financial circumstances, providing greater financial convenience and autonomy. The "pay-as-you-go" model also underscores Lana Digital's commitment to prioritizing and safeguarding its users' interests. Grace Zamora, Head of Operations at Lana Digital, stated: "Our new credit product will offer greater convenience to Mexican users. By simplifying the loan process and providing flexible repayment options, we aim to offer the financial support that more Mexicans need, irrespective of their background or financial status." About Lana Digital: Headquartered in Mexico, LANA DIGITAL SA DE CV SOFOM ENR is a financial institution regulated by CNBV and CONDUSEF. The company is committed to delivering flexible financial solutions and personalized services to its customers, leveraging innovative technology and exceptional customer service. For more information, please visit Lana Digital's official website at https://www.lanadigital.mx Contact Details LANA DIGITAL SA DE CV SOFOM ENR Grace Zamora ayuda@lanadigital.mx Company Website https://www.lanadigital.mx

August 20, 2024 06:06 AM Eastern Daylight Time

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MCC Brokerage Named One of America’s Fastest-Growing Private Companies by Inc. 5000

AmeriLife

MCC Brokerage, an innovative field marketing organization in the life and health insurance industry and affiliate partner of AmeriLife Group, LLC, today announced its first inclusion on Inc. 5000’s annual list of the fastest-growing private companies in America. With over 25 years of agency management experience, MCC Brokerage has built a robust network of resources designed to support licensed agents with top-flight resources, marketing and lead programming, compliance training and guidance, and its flagship professional development program, MCC Academy. “I am deeply honored and humbled that our company has been recognized in the Inc. 5000 list for the first time in our history,” said Darren Houck, CEO of MCC Brokerage. “This achievement is a testament to our team's hard work and dedication. As we celebrate this milestone, I am reminded that accolades do not measure our success. Instead, it's the service and value we provide to our agents and agency principals daily. I am grateful to our team for their commitment to excellence, our clients for trusting us with their needs, and AmeriLife for its unwavering partnership and servant leadership.” “I am thrilled to congratulate Darren and the MCC Brokerage team on being recognized as one of America's Fastest Growing Companies by Inc. 5000,” added Scotty Elliott, Chief Distribution Office of Health for AmeriLife. “This prestigious accolade is a testament to their relentless dedication, innovative spirit, and exceptional leadership. We are proud to partner with such a forward-thinking organization and are excited to see what heights their continued growth will lead to in the future.” The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. In addition to Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands, MCC Brokerage gains its first national exposure as an honoree on this year’s Inc. 5000 list of the fastest-growing private companies in the country. The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 5000 companies, the average median three-year revenue growth rate is 1,637 percent. This year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years. “One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all the intriguing and surprising ways companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.” The 2024 Inc. 5000 companies are ranked according to percentage revenue growth from 2020 to 2023. Companies must have been founded and have generated revenue by March 31, 2020, to qualify. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. ### About MCC Brokerage As an award-winning, highly reputable, and innovative field marketing organization in the life and health insurance industry, MCC Brokerage works to empower thousands of active, licensed independent insurance agents nationally. MCC has created an exclusive marketing catalog for agents to choose customizable collateral with consistent looks across all pieces to build their brand in the community. For more information, visit www.mccbrokerage.com. About Inc. Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc. ’s award-winning work achieves a monthly brand footprint of over 40 million across various channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced yearly since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, allows the founders of top businesses to engage with an exclusive community of their peers and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as a leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For over 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com and follow AmeriLife on Facebook and LinkedIn. Contact Details Jeff Maldonado media@amerilife.com Partnership Inquiries Patrick Nichols corporatedevelopment@amerilife.com Company Website https://amerilife.com/

August 19, 2024 12:37 PM Eastern Daylight Time

Minerva Surgical Appoints Darin Hammers as Chief Executive Officer and Member of the Board of Directors

Minerva Surgical, Inc.

Today, Minerva Surgical announced the appointment of Darin Hammers as the new President and Chief Executive Officer and Member of the Board. With a 30-year proven track record of success and excellence, Mr. Hammers brings a wealth of expertise and leadership to the company as it continues to develop and commercialize minimally invasive gynecologic technologies that improve patient outcomes. Most recently, Mr. Hammers served as President and Chief Executive Officer of EndoGastric Solutions (EGS), which was acquired by Merit Medical in July. Prior to EGS, he served as Chief Executive Officer of DYSIS Medical and President and Chief Executive Officer of Cogentix Medical, a company that was acquired by Laborie in 2018. Mr. Hammers was formerly Vice President of Sales for the Bard Medical Division of C.R. Bard, and he spent over twelve years in leadership positions with the Urology and Gynecology division at Boston Scientific Corporation. During his tenure in the medical device industry, Mr. Hammers consistently demonstrated the ability to build high-performing organizations and teams that deliver exceptional results. Minerva Surgical Chairman Dr. Uri Geiger said: “We are delighted to welcome Darin as our new President and Chief Executive Officer. Mr. Hammers is a dynamic business leader with exceptional strategic capabilities, proven operational effectiveness and strong experience in women’s health. The Board looks forward to working with Darin as we grow Minerva’s platform of exceptional products for women’s care.” Mr. Hammers stated: “I am delighted to join Minerva Surgical and build a company that will develop new and innovative technologies to improve the quality of life for women. The core portfolio of products is as effective as any on the market when it comes to treating uterine cavity conditions, and the goal is to expand our footprint in the gynecology space and become a market leader.” Darin Hammers holds an MBA from Emory University’s Goizueta School of Business and a Bachelor of Science degree in marketing from the University of Southern Indiana. About Minerva Surgical, Inc. Minerva Surgical is a commercial-stage medical technology company focused on developing, manufacturing, distributing, and commercializing minimally invasive solutions to meet the distinct uterine healthcare needs of women. The Company has established a broad product line of commercially available, minimally invasive alternatives to hysterectomy, which are designed to address the most common causes of Abnormal Uterine Bleeding (AUB) in most uterine anatomies. The Minerva Surgical solutions can be used in a variety of medical treatment settings and aim to address the drawbacks associated with alternative treatment methods and to preserve the uterus by avoiding unnecessary hysterectomies. For more information about the innovative medical devices of Minerva Surgical, please visit www.MinervaSurgical.com. Contact Details Minerva Surgical Kevin Tracey +1 855-646-7874 media@minervasurgical.com Company Website https://minervasurgical.com/

August 19, 2024 10:00 AM Eastern Daylight Time

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