Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

Benchmark International Successfully Facilitated the Transaction Between Computer Systems Integrators, Inc. and Acture Solutions

Benchmark International

Benchmark International has successfully facilitated a transaction between Fishkill, NY-based Computer Systems Integrators, Inc. (“CSI”) and Albany, NY-based Acture Solutions (“Acture”). CSI is a trusted hybrid information technology (IT) services partner primarily for K-12 schools, providing IT solutions, security, and support for schools’ IT networks. “CSI President Bob Knapp and his team built a great business in a reliable market niche with a strong customer set and high recurring revenues,” commented Benchmark Senior Transaction Director William Sullivan. “IT businesses like this are really a pleasure to bring to market because there is such a large, disaggregated buyer community, which drives a fairly clear path to partnership options for our clients. Ultimately, Acture Solutions proved to be the perfect fit among a very attractive field of highly motivated buyers. The Acture team was fantastic throughout the process, and we’re very pleased to have helped find CSI such a great partner.” Founded in 1991, Computer Systems Integrators is a hybrid provider of multiple IT products and services (including integration / value-adding reselling relationships with Nimble and VMWare) and a variety of security and maintenance services. The company is additionally an authorized partner of Cisco, Microsoft, and Barracuda. Acture Solutions provides clients with managed IT services, cybersecurity, cloud solutions, and IT projects, including networking, physical security, classroom collaboration, and Hardware as a Service (HaaS). The company serves multiple industries, including K-12 school districts, higher education, healthcare, legal, financial services, and small to medium-sized businesses. Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 16, 2024 06:00 AM Eastern Daylight Time

Image

HTX Marks 11th Anniversary with Launch of Battle of Glory for KOLs, Offering 200,000 USDT to Foster Cooperation and Mutual Success

HTX

On July 16, HTX announces a special event: HTX's 11th Anniversary Celebration—Battle of Glory for KOLs, featuring a prize pool of 200,000 USDT. The platform takes this initiative to celebrate HTX's 11th anniversary and give back to HTX Affiliates, partner KOLs, and users. Through this event, HTX aims not only to express heartfelt thanks to users who have long supported and contributed to the platform's growth, but also to foster its stable, sustainable operation and promote long-term development for the future. * Event details： https://www.htx.com.cm/en-us/support/24975351885393 According to HTX's official announcement, this event will last nearly two months and feature four major awards: Premier HTX Affiliate, Best Creator KOL, Most Influential Livestreamer KOL, and Most Popular KOL. Eligible HTX Affiliates and partner KOLs can register to participate in the event, with winners sharing from a substantial prize pool. Details are as follows: ● The Premier HTX Affiliate: Bring in New Futures Users and Split 5,000 USDT This Referral Competition requires HTX Affiliates to invite friends to sign up and trade futures on HTX from August 1 to August 31. Participants will be ranked based on their valid invitees (new futures users who trade any amount during the event period). The competition will select the top 30 participants as the Premier HTX Affiliates in referring new futures users. They will be eligible to share a prize pool of 5,000 USDT, with the champion winning 1,000 USDT. ● The Best Creator KOL: Post Graphic and Textual Content to Share 3,000 USDT The HTX Community Best Creator Competition will be held from August 1 to August 31. HTX Community KOLs are encouraged to create engaging graphic and textual content on any topic within the community. By doing so, they can compete for the title of HTX Community's Best Creator KOL and a share of the 3,000 USDT prize pool. HTX will rank creators based on their total number of followers, as well as the views, likes, comments, and shares on all their posts during August. The top 25 creators will be selected as the Best Creator KOL, with the champion winning 700 USDT. * Click the link to post in the HTX Community: https://www.htx.com.de/feed/ ● The Most Influential Livestreamer KOL: Participate in Livestreaming on HTX Live and Share 5,000 USDT From August 1 to August 31, HTX Live presents the Most Influential Livestreamer Competition. The platform will select the Most Influential Livestreamer KOL based on points accumulated by each livestreamer through the August incentive plan and the HTX 11th anniversary-themed livestreams. Livestreamers who host special sessions sharing their unique HTX experiences will earn additional points. Each livestreamer can host a maximum of 5 anniversary-related sessions per week. Any sessions exceeding this limit will be counted as 5 sessions. Based on the total points earned by each livestreamer during the event period, the top 46 will be selected as HTX Live's Most Influential Livestreamer KOLs, with the champion winning 400 USDT. ● The Most Popular KOL: Share in a 2,000 USDT Prize Pool upon Being Selected From 16:00 (UTC) on July 31 to 16:00 (UTC) on August 31, social media KOLs with at least 10,000 followers can register via the event page to participate in this award selection (HTX affiliates and KOLs participating in the above three competitions will automatically qualify). During the event, KOLs can encourage their followers to vote for them, with each user allowed one vote per day. Based on final vote counts, the 10 Most Popular KOLs will be selected to share a 2,000 USDT prize pool, with the champion pocketing up to 700 USDT. Please note that all the events mentioned above require registration through the announcement page. Registration is open from July 16 to July 31. Participants will receive a random airdrop worth up to 88 USDT in Futures Trial Bonuses upon successful registration. In addition, HTX will announce the winners of the four major awards on September 11 through a livestream on HTX Live. During the livestream, there will be numerous airdrops of red packets. Please stay tuned! Since its establishment, HTX has always upheld a user-first philosophy, prioritizing interaction with users and community development. HTX will continue to collaborate with users to optimize products and services, explore new business models, and advance its mission of building a Web3 finance hub in the Metaverse. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 16, 2024 04:59 AM Eastern Daylight Time

CALL FOR ENTRIES - XYPN LIVE 2024 AdviceTech Competition

XY Planning Network

Now celebrating its 10 th year as the premier conference for fee-for-service financial advisors, XYPN LIVE 2024, will take place in Minneapolis from Oct.15-17, 2024, with tickets now available. Conference organizers are seeking entries from innovative platforms and solutions that empower financial advisors to enhance their business operations and deliver client-centric advice. Finalists will have the chance to showcase technology that supports financial "advicers" in running more efficient, profitable, and impactful practices, presenting to more than 700 attendees. Criteria for Entry: Technology designed for financial advisors to deliver advice as a service Applicants must meet one or more of the following requirements: Be an existing company with a new, independently priced offering Have less than $1 million in revenue Launched in the last 12 months Submission Deadline: July 31, 2024, at 5:00 PM MT Selection Process: Finalists will present their technology on stage at XYPN LIVE, judged by a committee of industry-leading experts and influencers. Awards include "Best in Show" by a panel of experts and "Advicer's Choice" by conference attendees. Previous Winners include notable platforms such as Snappy Kraken (2016), Vestwell (2017), Mineral Interactive (2018), Holistiplan (2019), IncomeLab (2022) Awards for Finalists: Showcase with a 7-minute demo Two complimentary Exhibit Hall passes Discounted booth space at XYPN LIVE 2024 Promotion through XYPN channels Winners Receive: Best in Show: Free exhibitor booth at XYPN LIVE 2025, exposure to industry leading judges, and promotion via XYPN channels Advicer's Choice: Free webinar with XYPN’s Network and promotion via XYPN channels To nominate your company, please complete and submit entries in the online form by 5:00 PM MT on July 31, 2024. Any questions on the submission process or the awards program itself can be directed to david.bowman@xyplanningnetwork.com. Submit Your Application Purchase Tickets (Early bird ticket discounts are available through July 31st) About XYPN XYPN is the only turnkey advice and planning platform that makes it possible for fee-only financial advisors to build the independent firm of their dreams with complete autonomy. We do this through ongoing advocacy and access to education and training, curated technology, compliance support, community, and back-office and client support services. Contact Details Vocatus Lisa Aldape laldape@vocatusllc.com Company Website https://www.xyplanningnetwork.com/

July 15, 2024 02:20 PM Eastern Daylight Time

Haruko expands into Southeast Asia with $6m funding round to eliminate inefficiencies in digital asset management

Haruko

Helping institutional investors engage with digital assets in a secure and regulated environment, digital asset investment management platform Haruko is today announcing a $6m funding round as it expands into Southeast Asia and further consolidate its global presence. This follows heightened interest in the region of its industry-leading portfolio and risk management solutions for digital asset investment professionals. The series A funding round was co-led by White Star Capital’s Digital Asset Fund and MMC Ventures. Haruko has now raised $16m in venture capital funding. Founded in 2021, Haruko has quickly scaled across North America and Europe with a client base of over 50 investment management institutions and has offices in London and Singapore. Haruko has gained significant traction across all market participants including hedge funds, family offices, market makers, treasury teams and prime brokerages. It also has notably high adoption among large-scale trading firms owing to its unparalleled depth of functionality, comprehensive exchange (CeFi), on-chain (DeFi) and over-the-counter (OTC) venue coverage and multi-product support. “Haruko is laser-focused on building institutional-grade solutions for the future of the investment industry and providing a white-glove service to exceed our clients’ expectations consistently” said Shamyl Malik, co-founder and CEO of Haruko. “Despite having had several opportunities for growth through acquisition, we instead prioritised our seamless user experience, stayed true to our day one goal and built our market-leading solution entirely in-house. We never deviate from our mission of creating best-in-class technology, simplifying complexity for our clients and supporting their goal of revenue generation, be it through pure alpha creation or franchise building.” “We’re looking forward to continuing our global expansion, investing in exceptionally talented team members to support us in our goal of building out an industry-leading, end-to-end solution for digital assets and the future of the finance industry. We will continue to invest singularly in this mission, ensuring the quality of our products and services is at the forefront of all our activity.” added Malik. This round underpins Haruko’s impressive growth over the last two years and signals continued confidence in its ability to deliver best-in-class solutions for digital asset investors. Sep Alavi, General Partner at White Star Capital added: “We invest in game-changing innovators and as the digital asset space continues to mature, Haruko is leading the way in ensuring institutions are equipped to embrace these new opportunities. We’re delighted to continue our partnership with Haruko and its experienced founders as they embark on the next phase of their strategic growth journey.” Oliver Richards, General Partner of MMC Ventures commented: “MMC is a research-led fund and we have been actively looking at the blockchain and digital assets space for more than five years. Over that time our conviction that institutional ownership of digital assets will increase, and with it, the need for sophisticated infrastructure has grown. It is clear that the post-trade part of the digital asset landscape which Haruko focuses on has been poorly served to date and we believe that Shamyl and team have the deep domain knowledge required to solve this problem.” Haruko is setting a new standard for fintech solutions in digital assets, earning accolades such as HFM’s Most Innovative Technology Firm and HedgeWeek’s Best New Solution Provider in 2023, and offering solutions used by the entire digital asset ecosystem. Haruko’s client base consists of institutions including hedge funds, market makers, OTC providers, prime brokers, exchanges, DeFi chains and protocols, custodians and other financial service providers. About Haruko Haruko provides the most comprehensive digital asset technology solution for institutions deploying capital across the digital asset ecosystem. Seamless consolidation of positions across exchanges, on-chain and OTC activity with access to real-time and historical pricing, risk and P&L reporting provides the transparency needed for effective treasury management, compliance, investor reporting and financial controllership functions. Haruko has an experienced team of TradFi and digital industry veterans located across Europe and Asia supporting more than 50 institutional clients globally using the award-winning Haruko platform to optimise their front-, middle- and back-office workflows and operational controls. For more information on Haruko, please visit https://www.haruko.com/ About White Star Capital White Star Capital is a global multi-stage technology investment firm that backs exceptional entrepreneurs building ambitious, international businesses. Operating across North America, Europe, the Middle East, and Asia, our global presence, perspective, and people enable us to partner closely with our founders to help them scale internationally. About MMC Ventures MMC is a leading European venture capital firm with a focus on early-stage AI and data science companies across sectors including cloud & data infrastructure, enterprise AI, fintech and data-driven health. Examples of fintech companies MMC has backed include Interactive Investor, Copper, YuLife, Safeguard Global and TreasurySpring. Contact Details Haruko Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.haruko.com/

July 15, 2024 08:00 AM Eastern Daylight Time

Image

HTX Unveils "Earn with Pending Orders" #2 with Upsized Rewards: Post BTC/USDT in Spot Trades to Split 32.2B $HTX

HTX

HTX’s "Earn with Pending Orders" event has garnered widespread praise and active participation since its debut on 26 June. HTX, in response to user feedback, has adjusted the event rules and is now launching the 2nd phase of "Earn with Pending Orders". Users can participate by posting BTC/USDT in spot trades to share in a prize pool of 32.2 billion $HTX, with rewards distributed around the clock. New Feature: Enjoy Non-Stop Rewards with Minute-by-Minute Snapshots Following "Trade to Earn," HTX launches "Earn with Pending Orders," another innovative product aimed at enriching users' trading experiences. According to HTX's official announcement, the 2nd phase of "Earn with Pending Orders" event will last from 10:00 (UTC) on July 10, 2024, to 10:00 (UTC) on July 17, 2024, featuring BTC/USDT as the designated spot trading pair. During the event period, the platform will take random snapshots of pending orders for BTC/USDT spot trades every minute. Based on these snapshots, the platform will calculate rewards separately for qualifying buy and sell orders. These rewards can be accumulated throughout the event. Pending orders are considered valid if they meet two requirements: ● Minimum order amount: Pending orders must be limit orders with a minimum amount of 100 USDT at the time of the snapshot, defined as order price * order quantity ≥ 100 USDT. ● Order price: The price of pending orders should not deviate by more than 0.5% from the latest executed price (closing price) at the time of the snapshot. Here is an example. Let's assume the latest executed price (closing price) at the time of the snapshot for BTC/USDT is 60,000 USDT. The threshold range is ±0.5%. Therefore, the upper limit price for pending orders will be 60,300 USDT (calculated as 60,000 x 1.005), and the lower limit price will be 59,700 USDT (calculated as 60,000 x 0.995). Therefore, valid pending orders must have prices at the time of the snapshot between 59,700 USDT and 60,300 USDT (59,700 USDT < Pending order price < 60,300 USDT). Optimized Rules: Now Open to API Users and Offer Upsized Rewards In comparison to the initial phase of "Earn with Pending Orders", the second phase incorporates two major rule upgrades: API users are now eligible to participate in this event; and an extra prize pool has been included, boosting total rewards to 32.2 billion $HTX. Details are stated below: ● Reward 1: Post BTC Orders and Split 27.2 Billion $HTX The event boasts a total prize pool of 27,200,000,000 $HTX, with a daily prize pool of 3,885,714,285 $HTX, and a per-minute prize pool of 2,698,412 $HTX. All valid pending orders are eligible for this reward. Every minute, users will share the prize pool proportionally based on the order amounts of their pending orders. A user's reward per minute for pending orders = Reward pool per minute * (User's pending order amount / Total amount of all valid pending orders). For example: Let's assume that, in a specific minute, the total amount of all eligible pending orders is 1000 USDT, and User A has a pending order amounting to 100 USDT. According to the provided reward calculation formula, User A's reward can be calculated as 2,698,412 $HTX * (100/1000). Therefore, User A would receive a reward of 269,841.2 $HTX for that minute. ● Reward 2: Users with Pending Orders Falling within the ±0.1% Threshold Range to Share Extra 5 Billion $HTX Based on the aforementioned reward rules, during each snapshot, users with pending orders within the ±0.1% threshold range of the buy and sell prices will be eligible to share an extra prize pool. The extra prize pool totals 5,000,000,000 $HTX, with daily distributions of 714,285,714 $HTX and minute-by-minute allocations of 496,032 $HTX. The distribution of the prize pool remains consistent with the rules stated above. Please note that users need to click "Register Now" in the announcement to participate in the event. The hourly reward cap for each participant in this event is 90,909,090 $HTX. A participant will not receive any more rewards if either the hourly reward cap for the participant or the hourly prize pool limit is reached. Event Details: https://www.htx.com.cm/en-us/support/54974923246167 HTX, a leading global digital asset exchange, has always adhered to the principle of "Users First" and is dedicated to providing secure, diversified, and efficient trading services for users worldwide. Looking ahead, HTX will continue to upgrade "Earn with Pending Orders" as well as other innovative events and products, consistently enhancing user experiences to meet their diverse demands. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 15, 2024 12:57 AM Eastern Daylight Time

Reid Hoffman Wished Death Upon Trump & Funded ‘Lawfare;’ He Must Be Removed from Microsoft’s Board & Defense Innovation Board

NLPC

Following the assassination attempt of former President Donald Trump in Butler, Pa. on Saturday, National Legal and Policy Center (NLPC) is calling upon tech entrepreneur Reid Hoffman to resign his seat on the board of directors for Microsoft Corporation. Should he refuse to step down, then the Microsoft Chairman and Lead Independent Director must take steps along with fellow directors to remove him. The shareholder group is also calling for Hoffman’s removal from the Defense Innovation Board (DIB), a body organized under the Federal Advisory Committee Act to make recommendations regarding technological modernization of the military. DIB is currently chaired by Michael Bloomberg. At the billionaires’ retreat in Sun Valley, Idaho, this week, Mr. Hoffman reportedly engaged in a vigorous debate with fellow tech executive Peter Thiel over how the LinkedIn co-founder’s funding of “lawfare” has turned Trump into a “martyr.” According to a report by Puck News, Mr. Hoffman responded to Mr. Thiel, “Yeah, I wish I had made him an actual martyr.” Previously, Hoffman was also widely known for introducing Jeffrey Epstein to other Silicon Valley figures. According to Luke Perlot, associate director of NLPC’s Corporate Integrity Project: “As shareholders of Microsoft, we call on Mr. Hoffman to resign, or be removed, from the board of directors. His ongoing presence on the board is a stain on Microsoft’s reputation and would implicitly condone his statements and actions.” According to Paul Chesser, director of NLPC’s Corporate Integrity Project: “Sarcasm or not, Hoffman has made clear that he doesn’t think Donald Trump has any civil rights, and that he and other billionaires should pick the president, not the American people. Some holders of great wealth seek to help the less fortunate or promote freedom and decency. Hoffman has instead sought to undermine democratic norms and values. We repeat our call that we made last year that Mr. Hoffman be removed from Microsoft’s board as well as the Defense Innovation Board.” According to Peter Flaherty, NLPC Chairman: “The Defense Innovation Board is engaged in the task of using technology to strengthen our defense in a dangerous world. It conducts serious business. It is no place for an unserious character like Reid Hoffman. For one thing, his associations with Jeffrey Epstein make him a security threat. For another, funding lawsuits by the likes of E. Jean Carroll and wishing martyrdom on Donald Trump should disqualify him from any government board or position.” Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

July 14, 2024 09:45 AM Eastern Daylight Time

XLRE ETF: An Exploration to the Real Estate Sector

Select Sector SPDR

Since its introduction in 2015, the Select Sector SPDR Real Estate Sector ETF ( XLRE ) has served as a tool for investors interested in exploring opportunities within Real Estate Investment Trusts (REITs), Real Estate Management, and Development markets. Highlighting industries such as Industrial, Data Center, and Telecommunications, XLRE presents a targeted yet broad strategy for real estate investment. The fund currently maintains a portfolio of 31 REITs dedicating a substantial share—more than 60%—to its top ten holdings. This allocation strategy demonstrates XLRE's approach to maintaining a diversified, yet focused, portfolio of real estate investments. Prominent Holdings* Include: ProLogis (10.53%) American Tower A (9.20%) Equinix Inc (7.27%) Welltower (6.31%) Simon Property A (5.01%) Digital Realty Trust (5.00%) Realty Income (4.66%) Public Storage (4.61%) Crown Castle (4.30%) Extra Space Storage (3.33%) XLRE's portfolio is designed to cater to a variety of investor preferences. Another feature of XLRE is its expense ratio of only 0.09%**, offering a cost-effective pathway for those looking to enter the real estate sector. Moreover, XLRE's practice of daily reporting on portfolio holdings and allocations promotes transparency, providing investors with a clear picture of where their funds are allocated. Investor Considerations Investors considering ETF investments have the opportunity to gain exposure to specific sectors as well as the potential for focused investment strategies. By including only S&P 500 component companies, XLRE enables investors to align their real estate investments with mostly large cap names in the sector. Overview of XLRE The Real Estate Sector ETF ( XLRE ) aims to simplify investor access to the REIT & Real Estate Management & Development markets, zeroing in on sectors like Industrial, Data Center, and Telecommunications. With its diversified portfolio, low expense ratio, and dedication to transparency, XLRE represents a noteworthy opportunity for investors aiming to broaden their real estate investment horizons. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 6/30/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and non-diversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges, and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007650 EXP 9/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

July 12, 2024 05:00 AM Eastern Daylight Time

Zingly.ai Expands Leadership Team with New CMO and CRO

Zingly

Zingly.ai, a leading innovator in AI-powered customer experience solutions, recognized as one of the Top Ten Contact Center Technologies of 2024, announced today the expansion of its leadership team with the appointment of Pat Oldenburg as Chief Marketing Officer (CMO) and Gary Chan as Chief Revenue Officer (CRO). This strategic expansion aims to further strengthen Zingly.ai’s market presence and accelerate its growth trajectory. “The last two decades were about cloud technologies and agent facing solutions. The next two will be about customer facing CX and AI experiences, and for these two things we need true innovation with real ROI on AI investments.” said Gaurav Passi, CEO of Zingly.ai. “Gary's experience has given him an invaluable understanding of the digital experience needs from top financial companies. Pat brings a wealth of knowledge in CX and AI trends across industries from his time at Five9 and Motive, and a customer-centric mindset in his approach to marketing.Their collective expertise will be crucial as we continue to expand our market presence and redefine the customer experience landscape, in our mission to make CX truly collaborative.” Gary Chan joins Zingly.ai as Chief Revenue Officer, bringing over 12 years of leadership experience in financial services and SaaS sales. Prior to Zingly, Gary was most recently Head of Sales at EasySend. Prior to that, he was a founding sales leader at Glia, where he pioneered Digital Customer Service for financial institutions. In his new role, Gary will oversee go-to-market (GTM) and sales strategy, customer and partner development, and market expansion. Gary has already begun to assemble a high-performing revenue operations team, focusing on scaling sales processes, enhancing customer relationships, and identifying new market opportunities. "With the imbalance of agents and consumers, and the added cost and inflation pressure we are experiencing today, businesses need to fundamentally rethink customer service, and acquisition. The Zingly solution is a transformational rethinking of traditional Contact Center approaches and I couldn’t be more excited to partner with our current and future clients to build relationships bigger than business," said Gary Chan. Pat Oldenburg joins Zingly.ai as Chief Marketing Officer, bringing over 20 years of experience in enterprise and cloud software marketing. In his role, Pat will lead all aspects of marketing strategy and execution, helping the company accelerate its CX category leadership. His dynamic leadership ensures that Zingly.ai's groundbreaking relationship-building tools resonate and thrive in the global market. Pat has been actively building a dynamic marketing team, dedicated to leveraging innovative CX and AI strategies to strengthen the brand, market expansion, GTM strategies and enhance customer experiences. Pat joins the Zingly team from Motive, where he served as VP of Global Demand Generation. He has also held leadership roles in digital marketing, operations, content, and customer marketing at ServiceMax, Five9, McAfee, and EMC Corporation. "With the shift in customer behavior from traditional, siloed channels like 1800 numbers to digital platforms, coupled with rapid advancements in generative AI, there is an urgent need to rethink customer experience strategies within relationship-centric organizations. With visionary CEO Gaurav Passi, as well as industry leaders and veterans from Five9, Talkdesk, and Glia, and more, we have a massive opportunity to help bring collaboration to the forefront of the CX landscape. I look forward to partnering with the team to drive demand, strengthen customer connections, and discover new avenues for growth and success," said Pat Oldenburg. About Zingly Zingly.ai is the new way for businesses to meet, onboard and build lasting relationships with customers. Built by industry insiders in collaboration with Fortune 500 service providers, Zingly is a faster, cheaper, more secure, and better-organized solution than today's chatbots and 1-800 calling, eliminating friction and accelerating use cases like customer acquisition, onboarding, and support. Zingly makes online customer experiences delightful and personal by intelligently combining GenAI + Humans + Data to provide infinite scale for businesses and hyper personalization for customers to drive revenue acceleration and create exceptional customer experiences. Zingly serves businesses across multiple industries including Banking and Financial Services, Insurance, Education, and Healthcare. Visit https://www.zingly.ai/ to learn more. Contact Details Zingly.ai Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.zingly.ai/

July 11, 2024 12:30 PM Eastern Daylight Time

Image

A Modern Pairing: Siyata Mobile And Zello Announce Integration Of Top-Rated App And SD7 Handset

Siyata Mobile Inc.

By Kyle Anthony, Benzinga Innovation is occurring everywhere, even with the walkie-talkie, more formally known as a handheld transceiver. Recently, Siyata Mobile (NASDAQ: SYTA), a global developer and vendor of Push-to-Talk over Cellular handsets and accessories, announced that the Zello push-to-talk (PTT) application is now available on Siyata’s SD7 push-to-talk handset. Siyata Mobile Inc. is disrupting a legacy, multi-billion-dollar two-way radio market, and this strategic initiative with Zello elevates the firm’s competitive position and strengthens its value proposition in the minds of its existing customers as well as potential prospects. Founded in 2012 and headquartered in Canada, Siyata Mobile Inc. aims to be the global leader in the growing Push-to-Talk over Cellular industry by disrupting the legacy Land Mobile Radio (LMR) Industry with next-generation communication technology. The firm has gained prominence as a developer and provider of technologically advanced rugged smartphones, in-vehicle mounted cellular communications devices and cellular signal boosters. Siyata has customers throughout the United States, Canada, Europe, Australia and the Middle East. The Growing Push-To-Talk Over Cellular Market As the name suggests, Push-to-Talk over Cellular uses mobile networks to relay communications to another handset. It supports all the advanced features of digital mobile radios and combines them with 4G or 5G bandwidth and nationwide coverage. Research published by Allied Market Research valued the Push-to-Talk over Cellular market at $3.43 billion in 2019 and projects it to reach $6.95 billion by 2027. Compared to LMR, Push-to-Talk over Cellular handsets work virtually anywhere on cellular networks, support third-party data applications and are less capital intensive for customers, as they have a lower price point and do not require investment in tower sites. Siyata Mobile’s Strategic Initiatives For the fiscal year 2023, Siyata Mobile’s reported revenue and gross profit were $8.23 million and $2.66 million, respectively, an increase of 27.0% and 91.2% from the previous year. Regarding the firm’s business model, Siyata Mobile markets its devices with leading cellular carriers and their distributors, who sell them to enterprise customers. Leveraging these carrier sales channels and their broad customer base with Siyata Mobile’s product portfolio means the firm can maintain a lean operating cost structure. Siyata Mobile gives carriers the ability to activate a SIM card and generate income otherwise not captured with customers who use LMR. Siyata Mobile’s integration with the Zello push-to-talk application is a strategic initiative that elevates the value proposition of the firm’s product offering. Zello is a live voice push-to-talk communication platform that turns any smart device into a digital two-way radio that works over Wi-Fi and cellular networks anywhere in the world. Purpose-built to connect frontline teams and communities, the push-to-talk walkie-talkie app offers instant voice communication with one or many in unlimited secure, private channels, as well as message replay, emergency alerts, location tracking, dispatch capabilities and Bluetooth device support. As one of the world’s most popular Push-to-Talk applications with more than 175 million users registered worldwide and 99.99% uptime, Zello is simple to use and easily connects frontline and operations teams with a platform that is easy to use. In speaking about Zello's integration with Siyata Mobile, Public safety customer Evan Shegoski from River Road Rescue Squad in New Jersey commented, “We are enthused to be able to deploy the feature-rich Zello for Business solution on our SD7 devices. We have long been a proponent of this combined solution which pairs this leading PTT platform with offerings directly comparable to the same features we expect from a traditional LMR solution accessible through the only device on the market that not only acts like a traditional LMR radio, but is also receives regular product development, improvement, and support. This combined solution offers promise as a scalable solution across multiple geographic regions with a truly reasonable price point for deployment in terms of end-user device, LMR integrations and PTT network. Siyata and Zello together breaks us free of the bloated costs and bureaucracy that routinely plagues LMR public safety solutions. We cannot wait to see what the future holds as this offering continues to be developed.” Lieutenant Brian Hess of Westchester County Police – which recently purchased several hundred Siyata SD7 handsets for use with Zello for operations throughout the county – added a further endorsement, stating, “We are pleased that the Siyata SD7 is available with Zello PTT since this handset is what our county needs to keep in touch effectively to provide the level of service that the residents of the County require.” The Path Forward As a business-to-business global developer and vendor of next-generation Push-To-Talk over Cellular handsets and accessories, Siyata Mobile continually seeks to enhance the utility it provides to its customers, which includes police, fire and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations. The firm’s strategic integration of the Zello application within the SD7 Handset bolsters the usefulness and capability of the product for the individuals that protect, serve and maintain the well-being of our society. Featured photo courtesy of Siyata Mobile. Siyata Mobile Inc. is a B2B global vendor of next-generation Push-To-Talk over Cellular devices, cellular booster systems, and video monitoring solutions. Its portfolio of in-vehicle and rugged devices enables first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to increase situational awareness and save lives.Its portfolio of enterprise-grade and consumer cellular booster systems enables first responders and enterprise workers to amplify cellular signals in remote areas, inside structural buildings where signals are weak, and within vehicles for the maximum cellular signal strength possible.For its video monitoring system, Siyata integrates software that we license with off-the-shelf hardware providing our customers with an integrated advanced camera system for management and visual monitoring of their fleet vehicles. This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Siyata's current expectations, they are subject to various risks and uncertainties, and actual results, performance, or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Siyata's filings with the Securities and Exchange Commission ("SEC") and in subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Brett Maas SYTA@haydenir.com

July 11, 2024 09:00 AM Eastern Daylight Time

Image

1 ... 43 44 45 46 47 ... 633