Digital Asset DirectS&U "confident about the future" following 2023 AGM
S & U PLC
Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
June 02, 2023 10:22 AM Eastern Daylight Time
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Digital Asset Direct
News ReleaseMinuteman Press Franchise in Gastonia, NC Has Grand Opening for New Father-Son Team Tony & David Marder
Minuteman Press International Inc
Tony and David Marder are the new owners of the Minuteman Press franchise in Gastonia, NC. In January of 2023, Tony and David purchased Minuteman Press in Gastonia from retiring owners Pam and Bill Joles, who owned the business for nearly 32 years since July of 1991. On Thursday, May 25, 2023, Tony and David held their official Grand Opening at their shop located at 495 East Long Avenue in Gastonia. The event was sponsored by the Gaston Business Association and had a fiesta theme that included margaritas, festive appetizers, a food truck, and a mariachi band. There were also plenty of raffles as well as a ribbon-cutting ceremony that served as a celebration of Tony and David’s new venture while Pam and Bill were also in attendance to help pass the torch. In the below interview, Tony shares how he and David originally came into contact with Pam and Bill, and how that relationship grew to the point of purchasing the business. Tony also shares how he’s been building his business since the purchase and why print is so vital today. You purchased the business after working in the shop for a couple of years. What were your roles/experiences as employees and what drove you to buy the business? Tony Marder: “Interestingly, even before working in the shop, Pam and Bill Joles were previous coaching clients. We met via our local BNI and Chamber memberships. At the time, I focused my business coaching with family-owned businesses and Pam and Bill engaged me to assist. I noticed how they were avid readers and spent focused time on goal-setting and systemization. Just before and during the pandemic closures, I asked if they needed someone very part time for deliveries or light finishing work to fill some of my open schedule. At some point in early 2021, I asked Bill ‘how he intended to land this thing’ and he said, “Why? You want to buy a business?” My answer was, “Absolutely not!” But an hour later I mentioned that I felt this may be a good fit for me and my son David, whom I know to be very adept and resourceful with machines and computers and technology in general. David joined the team as print production specialist in May of 2021 specifically to learn the finishing work. Having a bit of a graphics background didn’t hurt either and he quickly added pre-print typesetting and other aspects of pre-print work to his overview. Knowing this was a good fit and having almost two years of on-the-Job experience with Pam and Bill made it a much easier decision for us to move forward.” What has the support from Minuteman Press International been like for you? Tony Marder: “Having experience with franchise teams, I expected the support system to be there. I was especially impressed with the FLEX software and the strength of the training and process protocols. The local team made the transition easy and the Home Office training team is concise and thorough. Every call or need is quickly handled and everyone jumps in to help with urgency as needed.” How do you describe your business and capabilities to potential clients? Tony Marder: “We can produce anything that can be printed or find someone in our organization that can; we will produce and deliver quickly high quality work that helps them run or grow their business or organization.” What are the high-demand products and key growth areas? Tony Marder: “Our most requested items are business cards, forms, labels, stickers, letterhead and envelopes, booklets, manuals, newsletters and mailings. We would like to feature more mailings, interior signage, posters, decals and graphic design.” What are some of the key ways you’ve grown your business since taking over in January of 2023? Tony Marder: “Relationship marketing via phone and face to face direct marketing to existing and past clients, as well as SEO/SEM Marketing, active membership in the local chamber and Rotary. Planning now for future postcard mailings featuring postcard mailing as well as special promotions.” How would you best describe your community? Tony Marder: “We have a small but dedicated and loyal community. We are a volunteer and philanthropic community of diverse folks raising families and enjoying our corner of the world. We have a lot of natural resources that draws a wide range of individuals to the area spanning entrepreneurs, professionals, service-related businesses and manufacturers. We enjoy the closeness of the Charlotte, NC Metro area without the cumbersome things that make larger cities less attractive. Around here we say that ‘we don’t tell anybody about it, but if they find it on their own then it’s perfectly okay with us.’” Why do you think printing remains so vital to businesses today? Tony Marder: “Print is everywhere. I can’t go anywhere without seeing print in action. Every business or organization uses print at some level; either to run or grow their business. I feel email and social media marketing has its place but lacks a personal touch or relationship that could be developed. Print solidifies other marketing sources and cements brand recognition. People read, so giving them something to read is the best way to keep them engaged.” What are the biggest rewards of owning your business? Tony Marder: “This is a cashflow business with a lot of upside potential. Cash is certainly king when it comes to owning your business and this one is no different. Personally, I’m in it to help my son secure a future and continue to provide inspiration for the team. I’d like to see us increase what we can give back to our community and find more ways to engage the public.” What advice would you give to other business owners right now? Tony Marder: “Attract and hire people smarter than you, then get out of their way and give them room to shine. Find a mentor who has documented experience with the legal, financial and accounting arenas and do not resist being pushed closer to the fire. Get in there and get it done.” For more information about Minuteman Press in Gastonia, NC, visit https://minuteman.com/us/locations/nc/gastonia/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com
June 02, 2023 10:00 AM Eastern Daylight Time
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News ReleaseCalling All Adventure Seekers: Looking for a heart-pumping adventure in the great outdoors?
YourUpdateTV
From mountain biking to rock climbing to white-water rafting, it might surprise you to learn that Arkansas offers something for every level of adventure seeker. Recently, Travis Napper from Arkansas Tourism and Suzanne Grobmyer from Arkansas Department of Parks, Heritage and Tourism conducted a satellite media tour to talk about the hidden gems of Arkansas. A video accompanying this announcement is available at: https://youtu.be/Dsd_giujvvk Outside Magazine recently named Arkansas’ Monument Trails as the best mountain biking destination in the country. Arkansas is a state of visionaries when it comes to outdoor recreation. The State has been blessed with beautiful mountain ranges – from the Ozark Mountains in the north to Pinnacle Mountain in central Arkansas. The Monument Trails are a series of shared-use trails located in various Arkansas state parks. Through a partnership with the Walton Family Foundation, professional trail builders designed and developed the trails with designs that are innovative and sustainable, and that help highlight Arkansas’ beauty. There are trails for beginners and trails for those who are experienced. Arkansas has a collection of world-class, mountain biking routes within four Arkansas State Parks — Mount Nebo State Park, Hobbs State Park, Pinnacle Mountain State Park, and Devil’s Den State Park. The shared-use trails, which were professionally crafted by the world’s best trail builders, showcase Arkansas’s natural beauty and are woven into the beautiful landscape. If you would rather find your adventure on the water, there is plenty of adrenaline-pumping white water rafting in Arkansas. Try Cossatot River State Park and the Class IV rapids of Cossatot Falls. If a leisurely float down the river is more your speed, then you can do that at Cossatot, too. There are few activities more serene and calming than a hike along the 300 miles of trails in Arkansas State Parks. There is no better way to see The Natural State. Petit Jean Mountain State Park offers trails that are rather easy and others that are strenuous. Most everyone can navigate the Cedar Falls Trail, and it is definitely worth the effort because the trail’s end is the stunning 95-foot Cedar Falls Waterfall, which begins behind the breezeway at the park’s historic Mather Lodge. Arkansas is also home to two world-class fine arts museums – Crystal Bridges and Arkansas Museum of Fine Arts. Another reason Arkansas is called The Natural State is the abundance of outstanding lakes and rivers. Arkansas, for instance, is known as one of the premier locations for trout fishing. Record trout are caught at the Little Red River and the White River. The State also has some of the world’s best bass fishing locations. The Buffalo National River is an ideal place for a quiet float. Ready to ride? Arkansas.com is a one-stop resource for all things Arkansas. Travis Napper Bio Travis Napper is the Director of Tourism within the Arkansas Department of Parks, Heritage, and Tourism. He is responsible for leading the sales and marketing efforts of the state and oversees the state’s welcome centers. Napper serves on the Board of Mississippi River Country USA(MRC) and Travel South USA. Prior to joining the Arkansas Department of Tourism in 2020, he served as the executive of the Ruston, Louisiana Convention and Visitors Bureau. Napper attended Louisiana Tech University, earning his bachelor’s degree in marketing in 2006 and received his CDME (Certified Destination Management Executive) designation in 2016. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com
June 01, 2023 02:54 PM Eastern Daylight Time
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News ReleaseLeidos Becomes First Major Prime Contractor to Adopt NCMA Contract Management Standard
National Contract Management Association
Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, today announced its intent to adopt the National Contract Management Association’s (NCMA) Contract Management Standard ™ (CMS™). By adopting this standard, Leidos will align its workforce competency with the standard recently adopted by the federal government and institutions of higher education. With this adoption, Leidos builds on its long-standing commitment to strong customer relationships through standards of professional conduct and common understanding. The company is committed to developing the contract management profession as a meaningful and rewarding career path. This will support practitioners across industry and government who serve the federal mission. “Leidos Contracting is excited to lead the industry in the adoption of the CMS™,” said Kim Denver, Leidos Senior Vice President and Chief Corporate Contracts Executive. “Contract management professionals are paramount to mission success. Through the CMS framework, our tradecraft will be incorporated under one common standard, elevating both federal and industry contract management professionals who are critical to our nation’s success.” “NCMA is pleased to have Leidos join the growing community of CMS™ adopters dedicated to building a stronger bridge between industry and government,” said NCMA Chief Executive Officer Kraig Conrad. “This adoption reinforces Leidos' commitment to the profession; their contract management teams and the missions we serve together.” The U.S. Office of Federal Procurement Policy (OFPP) announced the new classification in a January 19 memo, stating that the CMS™ will become the foundation of a new contracting training system for all civilian agencies effective February 1, 2023. The new Federal Acquisition Certification in Contracting (FAC-C) (Professional) will now align with the Department of Defense framework (DAWIA), which is also based on the CMS™. The American National Standards Institute (ANSI)-approved third edition of the NCMA CMS™ is recognized globally as the preeminent standard in the profession. It serves as the basis for hiring and training frameworks as well as the NCMA’s ANSI National Accreditation Board (ANAB)-accredited Certified Contract Management Associate (CCMA) certification. The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. About Leidos Leidos is a Fortune 500® technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, civil, and health markets. The company’s 45,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $14.4 billion for the fiscal year ended December 30, 2022. For more information, visit www.Leidos.com. ### Certain statements in this announcement constitute “forward-looking statements” within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management’s current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the “Risk Factors” set forth in Leidos’ Annual Report on Form 10-K for the fiscal year ended December 30, 2022, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/
June 01, 2023 07:55 AM Eastern Daylight Time
News ReleaseForesight Announces First Quarter 2023 Financial Results
Foresight Autonomous Holdings Ltd.
Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), today reported financial results for the first quarter of 2023. Foresight ended the first quarter of 2023 with $21.7 million in cash, cash equivalents, restricted cash, and short-term deposits. The Company reported a U.S. Generally Accepted Accounting Principles (GAAP) net loss of $4.6 million for the first quarter of 2023 and a non-GAAP net loss for the same period of $4.2 million. “Foresight’s industry-leading technology continued to gain momentum during the first quarter of 2023. We are particularly pleased by our achievements in the Asia-Pacific (APAC) region, as we began an additional important joint proof of concept (POC) project with a leading Japanese global vehicle manufacturer. Foresight Changzhou Automotive Ltd. (“Foresight Changzhou”), our fully owned subsidiary in Jiangsu Province, China, received special recognition from the China Israel Changzhou Innovation Park, and Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”), our wholly owned subsidiary, received its first order for the Eye-Zone™ V2X automotive system from a leading Japanese automotive manufacturer,” said Haim Siboni, CEO of Foresight. “The first quarter also saw a key breakthrough for Rail Vision Ltd. (“Rail Vision”), our affiliate, which received an order from Israel Railways for 10 Main Line Systems. We believe that these achievements for Foresight, Eye-Net, and Rail Vision demonstrate the exceptional performance of our technology, as our POC projects are in the process of converting into orders from leading organizations in the automotive, defense, and transportation industries. As we continue to prove our ability to create tailored, high-performance solutions for a diverse customer base, we expect to see increased demand,” concluded Mr. Siboni. First Quarter Corporate Highlights ● Foresight Announces POC Project with Global Japanese Vehicle Manufacturer: In March 2023, Foresight announced the signing of a paid joint POC project with a leading global Japanese vehicle manufacturer. The POC project will evaluate Foresight’s innovative solution for the automatic calibration of mono cameras. Foresight and the manufacturer will work together to develop a breakthrough solution capable of detecting when a single camera’s position has changed. The solution will also use Foresight’s proprietary software to provide real-time correction of a camera’s position while the vehicle is in motion. If successful, the POC project may provide a solution that eliminates the need for external calibration in a garage for all vehicles using mono cameras. ● Eye-Net Receives Order from Leading Japanese Vehicle Manufacturer for Eye-Zone System: In February 2023, Eye-Net announced that it received its first order for an Eye-Zone vehicle-to-everything (V2X) automotive system from a global Japanese vehicle manufacturer. The two parties will begin a paid POC project to evaluate the capabilities and added value of the Eye-Zone system as a software V2X communication layer. The POC will include the integration of Eye-Zone within the manufacturer’s advanced driver assistance system (ADAS), enabling seamless communication between vehicles and all road users. ● Rail Vision Announces $1.4 Million Agreement with Israel Railways to Sell 10 AI-Driven Main Line Systems: Rail Vision announced in February 2023 that it signed an agreement with Israel Railways for the purchase of 10 Rail Vision Main Line Systems and related services. Rail Vision’s AI-driven obstacle detection system outperformed in all aspects of testing during a POC project with Israel Railways. The total value of the agreement is expected to be $1.4 million. ● Israeli Ministry of Defense Recognizes Foresight Technology as Significant Breakthrough: During the first quarter of 2023, the Israeli Ministry of Defense recognized Foresight’s QuadSight® stereovision solution as a significant technological breakthrough for defense applications. The Administration for Research and Development of Weapons and Technological Infrastructure of Israel’s Ministry of Defense tested the QuadSight solution extensively for more than two years in challenging weather and environmental conditions. Foresight’s passive stereo technology was tested as an alternative to replace active LiDAR sensors, and the solution exceeded all testing requirements. ● Foresight Changzhou Wins Outstanding Enterprise Award: In February 2023, Foresight announced that Foresight Changzhou won the Outstanding Enterprise in International Cooperation award from China Israel Changzhou Innovation Park. Foresight received this award in recognition of its significant contribution to international cooperation in the region, and the company was one of five to win the award, out of nearly 200 companies in the China Israel Changzhou Innovation Park. ● Eye-Net Launches Virtual Sensor for Automotive Industry at CES 2023: Eye-Net showcased its new collision prediction system, Eye-Zone, at CES 2023 in Las Vegas. Eye-Zone uses Road Users Detection and Ranging (RUDAR), a unique virtual sensor that provides a point cloud of the real time location, movement characteristics, and probability of collision with each road user around the vehicle. ● Foresight Introduces Groundbreaking Mono2Stereo™ Solution at CES 2023: In January, Foresight presented a live demonstration of its Mono2Stereo software-based solution at CES 2023. Mono2Stereo uses the overlapping views of existing cameras with different fields of view to create a three-dimensional stereovision. First Quarter 2023 Financial Results Revenues for the first quarter ended March 31, 2023, amounted to $55,000, compared to $35,000 in the first quarter of 2022. The revenues were generated primarily from the successful completion of a POC project with a global Japanese vehicle manufacturer, as well as the completion of the first milestone of Eye-Net’s POC project for the Eye-Zone system from a leading Japanese vehicle manufacturer. Research and development (R&D) expenses, net for the first quarter of 2023, were $3,119,000, compared to $2,692,000 in the first quarter of 2022. The increase is attributed mainly to an increase in payroll and related expenses, primarily due to an increase in engineers within the R&D department. R&D expenses, net in the first quarter of 2023, are offset by participation from the European Horizon 2020 program in the amount of $133,000. Sales and Marketing (S&M) expenses for the first quarter of 2023 were $704,000, compared to $624,000 in the first quarter of 2022. The increase is primarily attributed to an increase in exhibitions, conventions and travel expenses. General and administrative (G&A) expenses for the first quarter of 2023 were $857,000, compared to $1,188,000 in the first quarter of 2022. The decrease is primarily attributed to a decrease in payroll and related expenses and to a decrease in professional services and share-based payments to service providers. Finance income, net for the first quarter ended March 31, 2023, amounted to $60,000. Finance income, net, is attributed primarily to gains from revaluation of the Company’s investment in Rail Vision to its fair value in the amount of $122,000, as well as from interest on deposits in the amount of $210,000, offset by exchange rate differences and other expenses in the amount of $272,000. GAAP net loss for the first quarter of 2023 was $4,586,000, or $0.014 per ordinary share, compared to a GAAP net loss of $2,024,000, or $0.006 per ordinary share, in the first quarter of 2022. Non-GAAP net loss for the first quarter of 2023 was $4,241,000, or $0.013 per ordinary share, compared to a non-GAAP net loss of $1,527,000 in the first quarter of 2022, or $0.004 per ordinary share. A reconciliation between GAAP net loss and non-GAAP net loss is provided following the financial statements that are part of this release. Non-GAAP results exclude the effect of share-based compensation expenses. Balance Sheet Highlights Cash, cash equivalents, restricted cash, and short-term deposits totaled $21.7 million as of March 31, 2023, compared to $26.5 million as of December 31, 2022 GAAP shareholder’s equity totaled $24.6 million as of March 31, 2023, compared to $28.8 million as of December 31, 2022. The decrease is attributed to the net loss for the period. Use of Non-GAAP Financial Results In addition to disclosing financial results calculated in accordance with United States generally accepted accounting principles (GAAP), the Company's earnings release contains non-GAAP financial measures of net loss for the period that exclude the effect of stock-based compensation expenses. The Company’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of the Company's ongoing operations. Management also uses both GAAP and non-GAAP information in evaluating and operating business internally and as such deemed it important to provide all this information to investors. The non-GAAP financial measures disclosed by the Company should not be considered in isolation or as a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. Reconciliations between GAAP measures and non-GAAP measures are provided later in this press release. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles, and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Forward-Looking Statements 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. For example, Foresight is using forward-looking statements in this press release when it discusses its belief that its achievements, as well as the achievements of Eye-Net Mobile and Rail Vision, demonstrate the exceptional performance of its technology and that it expects to see increased demand, the potential benefits from the use of its solutions, and the expected timing, development and expected value of POC projects. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight 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 Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2023, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight 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 have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Investor Relations Contact: Miri Segal-Scharia CEO MS-IR LLC msegal@ms-ir.com 917-607-8654 About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Foresight Autonomous Holdings Ltd. Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/
May 31, 2023 04:05 PM Eastern Daylight Time
News ReleaseNAVEX Announces AI-Powered Compliance Assistant
NAVEX Global
NAVEX, the leader in integrated risk and compliance management software, today announced NAVEX Compliance Assistant. The initial release of this new AI-powered functionality will offer instant answers to employee questions regarding company policies and procedures delivered in natural language. This functionality makes an organization’s compliance program more accessible and personal for all employees. As part of the NAVEX One GRC Information System, employees interact with NAVEX Compliance Assistant by asking it questions in their own words. The AI-powered Compliance Assistant then searches through a company’s policies and procedures to present a comprehensive answer to the employee’s inquiry. Compliance Assistant applies Large Language Model (LLM) technology to customer-controlled document sets for maximum relevance and accuracy. NAVEX’s secure cloud infrastructure protects document and data privacy. Rich NAVEX Integration Ensures Ease of Use and Data Security The AI-powered NAVEX Compliance Assistant is seamlessly integrated into NAVEX One People Hub, a unified, simplified way for employees to engage with the compliance program. Through People Hub, employees can conveniently report incidents, confirm policy adherence, complete training and disclose information within a user-friendly interface accessible on mobile devices. With the addition of Compliance Assistant, employees, and other authorized parties, can quickly clarify how to follow specific procedures and policies that apply to them. NAVEX Compliance Assistant offers a range of features tailored to meet the needs of organizations of all sizes, including: Intuitive chat interface: Employees can query the system with natural language questions about a policy or procedure of interest and receive prompt, accurate responses. Multilingual access: Users can ask questions and receive answers in 70 languages. Find relevant policies: Employees can easily search for and access relevant, verified policies and procedures, eliminating time-consuming manual searches or the need to reach out across departments to source an answer. Responsive access anywhere: NAVEX Compliance Assistant is accessible via the web and mobile devices, helping employees access critical compliance information from anywhere. Uncompromising privacy and security: NAVEX is committed to safeguarding all data within the systems it manages, including policy and procedure information and employee queries through Compliance Assistant. “Successful organizations turn governance, risk and compliance management into a competitive advantage. It helps prevent mistakes, motivate employees, and promotes confident decision-making,” said Sean Thompson, Chief Executive Officer at NAVEX. “In my years of experience with natural language user interface technology, incorporating it into a GRC program is one of the most exciting applications. Our new AI-enabled Compliance Assistant makes engaging with the compliance program simpler and more intuitive, which in turn makes employees more confident users of the system.” Expert point of view The adoption of AI-powered technologies to facilitate access to compliance-related information can bring great benefits. “Giving employees the ability to quickly and accurately access company policies and procedures fosters a culture of trust and safety with regards to risk mitigation. It also makes the whole process more efficient," said Darren Bradshaw, Chief Audit and Compliance Officer of Stellantis, a multinational automotive company on a journey of transformation into a sustainable mobility tech organization. Stellantis, as a customer of some NAVEX applications, plans to partner with the company to test the usability of this new application. To learn more about the AI-powered NAVEX Compliance Assistant, visit https://www.navex.com/en-us/products/navex-ethics-compliance/ai-employee-compliance-assistant/. Or, read our blog, “ Artificial Intelligence – The Next Frontier of GRC Management ” on Risk & Compliance Matters. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com
May 30, 2023 08:30 AM Eastern Daylight Time
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News Release“Smart Cars” Cepton looking to use its patented lidar technology in the automotive industry
Cepton Inc
Cepton Inc chief financial officer Hull Xu joined Steve Darling from Proactive to share news about the company that is using it lidar-based solutions in a number of industries including automotive, smart cities and smart industry. Xu told Proactive more about the company’s technology and also how the technology makes smart cars even smarter with embedded software, including cybersecurity, over-the-air updates, functional safety and multiple custom features. The company has been awarded a series production program by General Motors and Cepton is currently in the execution phase and plans to start production by the end of this year. It is also engaged with other top global OEMs and is exploring opportunities in markets like smart cities, autonomous warehouses, and security. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com
May 29, 2023 01:41 PM Eastern Daylight Time
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News ReleaseLivento Group announces the settlement of the promissory note and an equity investment
Livento Group
NuGene International, Inc./ Livento Group, Inc. (OTC: NUGN ), a fully public reporting holding company to the U.S. Securities and Exchange Commission has obtained new financing from leading institutional investor in the United States. The investor has acquired an old note of Livento Group from Kodiak Capital Group LLC. (“KCG”) and as part of the transaction, Livento Group has issued 40,000 shares of its newly created Series E Preferred Stock. Livento’s management has announced that a potential loss/dispute has been averted, where KCG could have claimed an outstanding balance on the note, including interest and penalties, exceeding $600,000. In addition to acquiring an old pending note of Livento Group, the investor has agreed to make an initial investment of up to $750,000 in the company in restricted F class shares. The Investment is expected to have a positive impact on Livento Group’s financial position and represents a significant step forward in the company’s continued growth strategy. Furthermore, the investor has expressed its intention to invest additional funds in Livento Group at a later stage. The investment is seen as a validation of Livento Group’s business model and its management team’s ability to execute its growth plans. Livento Group is gaining significant attention in the investment industry with its innovative approach to building great businesses. This investment is a significant vote of confidence in Livento Group’s potential for growth and innovation. As one of the prominent institutional investors in the United States, this company is renowned for its ability to identify promising companies and support their development and expansion. Livento Group’s potential for success is underscored by this investment, serving as a compelling testament to their capabilities. “Securing this investment fills us with immense excitement,” expressed David Stybr, CEO of Livento Group. The infusion of capital will empower us to persistently drive innovation, introducing novel products and services to the market. We eagerly anticipate a prosperous partnership ahead.” The investment will provide Livento Group with the necessary resources to accelerate its growth and expand its reach in the market. The access to capital provided by the investor will be used by Livento for further investment by the group. About Livento Group, Inc. Livento Group (OTC: NUGN ) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com. Safe Harbor Statement: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company's control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Contact: David Stybr, CEO Livento Group, Inc. ir@liventogroup.com Livento Group | LinkedIn | Twitter Boxo Productions | LinkedIn | Twitter | Instagram | Facebook Contact Details Livento Group, Inc. ir@liventogroup.com
May 25, 2023 02:00 PM Eastern Daylight Time
News ReleaseWorld Record Travel by Travelport: 7 Wonders of the World in Less than 7 Days
YourUpdateTV
A video accompanying this announcement is available at: https://www.youtube.com/watch?v=3tfcL-uWQy s Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, and Jamie McDonald, a British adventurer better known as “ Adventureman ”, today announced a new world record – the fastest time to visit the new Seven Wonders of the World, achieved in less than seven days. Confirmed by Guinness World Records, the journey was achieved in 6 days, 16 hours, and 14 minutes, using only public transportation. The challenge was set to Adventureman by Travelport in order to put the company’s modern retail platform, Travelport+, to the test, proving that the company’s technology allows its travel agency partners to simply plan, book and manage even the world’s most complex trip. “When we began upgrading our agency partners to Travelport+ in 2021, it was with the intent of making the complicated travel industry easier and faster to navigate,” said Greg Webb, Chief Executive Officer at Travelport. “This epic adventure was the ultimate test for our platform – could we take the world’s most complex trip and make it simple? Could we ensure it was easy to service? Would the platform be agile enough to accommodate whatever unforeseen bumps the trip encountered? Six days, sixteen hours and fourteen minutes later, we had our answer: yes, yes and yes. This trip also proves that, after a few challenging years for the industry, travel is most definitely back and better than ever.” Travelport+ provides global travel agents with modern retail technology that allows them to compare millions of travel routes and select the best one for each individual traveller. Travelbag, a travel agency who has been a longtime partner of Travelport, booked all aspects of Adventureman’s trip via Travelport+, and they were able to search, filter, find, compare and build the most complex itinerary with ease using Smartpoint Cloud. Adventureman had round-the-clock access to a dedicated Travelbag Travel Specialist who, on his request, tracked evolving travel restrictions, identified schedule changes, and made necessary tweaks to his itinerary in real time. He also was able to access Travelport’s Trip Manager feature on the go, in order to add ancillaries and extras (meals, paid seats, etc.) to his itinerary. For travelers who want to visit one, or all, of the seven modern wonders themselves, Travelbag has a range of packages available, allowing travelers to visit all seven wonders of the world themselves (packages starting from £31,000) or visit an individual wonder (packages starting at £1,300 per person). Depending on each traveler’s individual requirements, Travelbag can tailor-make the perfect holiday. “At Travelbag, we’ve planned and booked thousands of trips, and yet, even we had never seen an itinerary this complex before,” said Caroline Foxwell, Sales and Service Leader at Travelbag. “The retailing tools from Travelport+ are so powerful – Smartpoint Cloud made booking and servicing this trip so easy, it practically did the job for us. Travelport+ helps us to build the perfect itinerary for our clients, time and again, even when that client is a globetrotting, world record-setting superhero!” Adventureman began the trip at the Great Wall of China, the world's longest human-made structure, and the world-record clock started ticking the moment he left the first wonder via toboggan. Second, he visited India’s Taj Mahal – the country’s top tourist destination, which is widely considered a symbol of eternal love. From there, he traveled to Jordan and then by bus to the ancient city of Petra, whose carved rose-red sandstone rock facades, tombs, and temples became even more famous from their role in Indiana Jones and The Last Crusade. Departing Jordan, Adventureman flew to Rome to see its legendary Colosseum, envisioning ancient gladiator battles before he made time for a quick pizza pit stop (the only non-airplane food he consumed during the trip). Christ the Redeemer, the world’s largest art deco statue, brought Adventureman to Brazil, where he was equally in awe of the view from its platform as he was of the statue itself. The sixth wonder, Machu Pichu (an Incan citadel nearly 8,000 feet above sea level) was Adventureman’s favorite: he plans to go back one day and bought a stuffed llama toy there to bring back for his daughter. Finally, after only 6 days, 16 hours and 14 minutes, he reached Chichén Itzá, an archeological site that was a hallowed place of ceremony in the Mayan culture. For Adventureman, a main focus of the record-breaking trip was raising funds for his charity, the Superhero Foundation. As a child, Jamie was diagnosed with a rare spinal condition called syringomyelia, and doctors warned his parents that he might lose the ability to walk. Through the help of many doctors, hospitals and his family, his health improved, starting him on his lifelong mission of giving back to sick kids around the world. To kick start fundraising efforts, Travelport has donated $22,856, a dollar for every mile that Jamie, a Pride of Britain winner, traveled for this challenge. The money will be utilized to continue the charity’s mission: helping families in need fund treatments, therapies and equipment that aren’t freely available to them through their traditional or local healthcare support system. “In my previous adventures, I’ve run solo across America (the equivalent of 210 marathons) and have cycled 22,000 kilometers from Thailand to the United Kingdom, and yet, this was certainly my most complex, complicated trip yet,” said Jamie McDonald, better known as Adventureman. “With travel, there are just so many variables – weather, restrictions, delays, customs, traffic, cancellations, you name it. When you’re attempting to set a world record, speed and agility are absolutely key. There was no other partner besides Travelport that could’ve made this all possible.” For the trip to be endorsed by Guinness World Records, Adventureman had to abide by several rules: Use only scheduled public transportation, with licensed taxi rides unable to exceed 50 kilometers Keep a logbook with clearly indexed evidence (receipts, tickets, etc.) supporting each step Obtain receipts and/or tickets everywhere available Use accurate professional equipment (i.e. GPS tracking equipment) Take videos and photos showing the applicant, the location and the date at each site visited Get a written or recorded statement from an official member of staff, local dignitary and/or police officer at each site Understand that the ‘clock’ starts the moment the challenger leaves the first wonder site, and it does not stop for any reason until the challenger sets foot in the final site Protecting the environment is of the utmost importance to both Travelport and Adventureman. The company calculated the carbon emissions from Adventureman’s trip using using the Travel Impact Model, a shared framework for calculating air travel emissions maintained by Google and developed as part of Travalyst, an independent not-for-profit organization of which Travelport is a member. Travalyst is working to unify industry tools and information to bring sustainable travel to the mainstream. As such, the total CO2 emissions of the world record trip was 2,523 kg. Travelport will remove these emissions with high-quality carbon dioxide removal services from Climeworks. To learn more about the Seven Wonders Challenge, to book a trip to the Seven Modern Wonders, or to make a donation to the Superhero Foundation, please visit Travelport.com/7wonders Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com
May 24, 2023 04:00 PM Eastern Daylight Time
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