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News Shop Group Launches Laverne Sense Perfume at Topshop in Manama, Bahrain

Rev Up Marketers

News Shop Group is an emerging technology firm in the Middle East. In the recent development, the company announces the launch of its latest fragrance, Laverne Sense, now available at the Topshop store in Manama. This new addition to the prestigious Laverne collection promises to enchant fragrance enthusiasts with its luxurious and sophisticated scent profile. The opening of Laverne Sense marks a significant milestone for the Laverne brand, which has consistently captivated customers with its exquisite offerings. Following the tremendous success of the popular “ Miss Laverne ” perfume, the new Laverne Sense collection further solidifies the brand's reputation for delivering high-quality, captivating fragrances. Laverne Sense showcases an intricate composition that is sure to impress. The fragrance opens with a refreshing top note blend of mandarin, papaya, jasmine, and violet leaves, leading into a heart that beautifully marries rose, pear, and lily of the valley. The scent is anchored by a warm and inviting base of sandalwood, cashmeran, and musk, creating a harmonious and enduring aroma. In addition to Laverne Sense, the collection features a variety of other enchanting fragrances. Notably, the original “ Miss Laverne ” boasts an enticing blend of black currant and mandarin in its top notes, complemented by a floral heart of jasmine and iris, rounded out with a warm musk base. Each fragrance in the Laverne line is meticulously crafted, appealing to a diverse range of scent preferences. Khaled Alraweli, the contact person for News Shop Group, expressed excitement about the new launch. They are proud to introduce Laverne Sense to their customers in Bahrain. This fragrance not only embodies luxury and elegance but also represents their commitment to offering the highest quality products. For those seeking an extensive selection, Topshop also features a variety of other renowned perfume brands ensuring that customers can find the perfect fragrance for any occasion. To celebrate the launch, customers can enjoy a special discount with the code “Mt5” when purchasing Laverne Sense. About the Company - News Shop Group: News Shop Group is a technologically advanced company established in the Middle East, providing some integration of news and shopping. The new-age platform designed by this company gives users an efficient experience with the latest updates on news, integrated with an interactive shopping environment. A pioneering concern, News Shop Group is constantly enlarging its digital services to meet the growing needs of business by developing high-tech solutions in website designing, social media, and digital marketing. For further details and updates, interested viewers can visit the following link: https://Smart7line.net and Topshop store. Contact Details News Shop Group KHALED ALRAWAELI +973 3439 4429 shop@smart7line.net Company Website https://Smart7line.net

October 01, 2024 01:36 PM Eastern Daylight Time

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AI Security, “Netflix of China”, Healthcare Breakthroughs, Pure Play on $31 Billion Watch Market: iQIYI, TNXP, REGRF, AITX; Leaders Report Latest Advances

Wall Street Reporter

Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: iQIYI (NASDAQ: IQ), New World Solutions (OTC: REGRF) (CSE: NEWS), Tonix Pharmaceuticals (NASDAQ: TNXP), and Artificial Intelligence Technology Solutions (OTC: AITX). Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead: New World Solutions (OTC: REGRF) (CSE: NEWS) Chairman Jack Marks: ”...Pure Play on $31 Billion Luxury Watch Market” New World Solutions (OTC: REGRF) (CSE: NEWS), majority-owned dialMKT is addressing the digital transformation of the multi-billion dollar global wristwatch enthusiast market by developing a digital ecosystem integrating content, e-commerce, and community.dialMKT’s e-commerce platform is expected to go live within 30 days. The global pre-owned watch market for luxury brands such as Rolex(™), and Patek Philippe(™), is expected to reach $29-32 billion by 2025, according to a recent report from McKinsey & Co. dialMKT CEO and New World Chairman Jack Marks commented “dialMKT already has a fast-growing online community of almost +18,000 users across its website and social media channels, including, YouTube, Instagram, and a growing e-mail newsletter. From our interactions with our community, we know many of these enthusiasts have watch collections worth $50,000 to well over $1 million+. Our business model anticipates that a significant number of our community members will turn into customers on our e-commerce platform to buy, sell and trade their collections - a pipeline for potentially significant revenues in the months ahead". Marks, further noted that (OTC: REGRF) (CSE: NEWS) is “the first and only “pure play” stock focused on the multibillion dollar watch enthusiast market.” Validating the investment thesis of the digital transformation of the watch market, venture capital is flowing into online watch market platforms such as Chrono24, and attracting investors such as Bill Ackman, Jay Z, Tom Brady, Mike Ovitz, Bernard Arnault, Google Ventures and others. New World Solution (OTC: REGRF) (CSE: NEWS) News: https://www.wallstreetreporter.com/2024/09/18/new-world-solutions-cse-news-enters-31-billion-global-watch-market-with-acquisition-of-majority-stake-in-dialmkt/ iQIYI (NASDAQ: IQ) CEO Yu Gong: “Dedicated to Premium Production and Harnessing AI”. iQIYI (NASDAQ: IQ) China's leading online entertainment platform, announced the upcoming release of over 300 new titles across diverse genres over the next year, at its iJOY Conference held in Shanghai. The company highlighted its strategic expansion into short dramas, introducing content that leverages the growing global popularity of Chinese content while utilizing innovative AI to navigate emerging industry trends. Yu Gong stated, "These offerings are not just low-budget online series; they continue to reflect our dedication to premium production and creativity. While many companies allocate over 90% of their revenue to promoting the content, iQIYI directs more than 70% back to content producers." Gong also shared how the company is leveraging AI to transform traditional content distribution methods and enhance interactions between users and machines, creating a more emotionally resonant experience. iQIYI (NASDAQ: IQ) News: https://www.wallstreetreporter.com/2024/09/26/iqiyi-nasdaq-iqunveils-over-300-new-titles-at-the-2024-ijoy-conference-adding-focus-on-short-dramas-to-accelerate-growth/ Artificial Intelligence Technology Solutions (OTC: AITX) Steve Reinharz CEO: “RADCam is Transformative Technology Offering Unparalleled Level of Engagement” Artificial Intelligence Technology Solutions (OTC: AITX) announcd that RAD-R, its subsidiary, is now accepting online preorders for the groundbreaking RADCam™ at radcam.ai. Described as the world’s first AI-powered, purpose-built ’Talking Security Camera’, it is designed to engage with individuals approaching or entering homes, Shipments are expected to begin in mid-December 2024. Steve Reinharz, CEO/CTO of AITX and RAD-R, commented, “RADCam is not just another security camera, it’s a transformative technology. By utilizing our proprietary AIR™ technology, RADCam offers homeowners and small businesses an unparalleled level of engagement and protection that traditional cameras simply can’t match.” Building on the success of its primary subsidiary, Robotic Assistance Devices, Inc. (RAD), AITX has proven that direct interaction with individuals engaged in or considering suspicious activities can deter potential threats. Artificial Intelligence Technology Solutions (OTC: AITX) News: https://www.wallstreetreporter.com/2024/09/24/aitxs-otc-aitx-subsidiary-rad-r-now-accepting-radcam-preorders-online/ Tonix Pharmaceuticals (NASDAQ: TNXP) “Zembrace ® is Compelling Non-Oral Option For Treating Migraines” Tonix Pharmaceuticals (NASDAQ: TNXP) a fully-integrated biopharmaceutical company with marketed products and a pipeline of development candidates, announced issuance of a US patent No. 12,097,183 entitled “Pharmaceutical Composition for Treating Migraine”, claims use of a pre-filled autoinjector comprising a composition of Zembrace ® SymTouch ® for treating migraines via subcutaneous administration. This patent, excluding possible patent term extensions, is expected to provide protection into 2036. “We are excited to announce the issuance of this additional patent, providing additional protection for our exclusive marketing and sale of FDA-approved Zembrace ® for the treatment of migraines,” said Seth Lederman, M.D., Chief Executive Officer of Tonix Pharmaceuticals. “We believe Zembrace ® is a compelling non-oral option for people who suffer with migraines.” Tonix Pharmaceuticals (NASDAQ: TNXP) News: https://www.wallstreetreporter.com/2024/09/27/tonix-pharmaceuticals-announces-issuance-of-u-s-patent-covering-the-subcutaneous-delivery-of-fda-approved-zembrace-symtouch-to-treat-migraines/ WALL STREET REPORTER Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO's of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com. Nothing in this news summary shall be construed as investment advice. Quotes/content may be edited for brevity and context. Issuer sponsored content in this article includes: New World Solutions. Full disclaimer, and relevant SEC 17B disclosures here: https://tinyurl.com/2x4eznd5 About Wall Street Reporter’s Next Super Stock conference: Wall Street Reporter's NEXT SUPER STOCK Live! conference is dedicated to featuring select companies that have near-term catalysts in place which can drive transformational growth (and stock appreciation) in the months ahead. Click here to join next livestream event: https://www.wallstreetreporter.com/next-superstock-online-investor-conference/ CONTACT: WALL STREET REPORTER (212) 871-2057 ext 7 www.WallStreetReporter.com Rolex (™), Patek Philippe (™), Audemars Piguet (™), Cartier (™) Frank Muller (™) and Richard Mille (™) are licensed trademarks of their respective owners. dialMKT is not an authorized dealer or has any commercial relationship with these brands. Contact Details Wall Street Reporter John Rogers +1 212-871-2057 news@wallstreetreporter.com

October 01, 2024 11:31 AM Mountain Daylight Time

Market Alert: Silexion Therapeutics (NASDAQ: SLXN) Sees Record Volumes Following Breakthrough Preclinical Data for SIL-204

Global Markets News

Shares of Silexion Therapeutics (NASDAQ:SLXN) are seeing significatnly today after the company announced promising new preclinical data for its next-generation siRNA candidate, SIL-204. The stock saw a significant initial of price spike of over 50% in pre-market activity as investors responded to the latest developments in Silexion's RNA interference (RNAi) platform, which targets KRAS-driven cancers. As of now, volume is at record highs, currently standing at over 50 million shares today. The company revealed that SIL-204, an extended-release microparticle formulation, demonstrated substantial tumor reduction and necrosis in mouse models of pancreatic cancer bearing the KRAS G12D mutation—one of the most common mutations found in pancreatic cancer patients. This latest data builds on a string of recent successes for Silexion, including its September 24 announcement of results from the Phase 2 trial for its first-generation product, LODER™, which showed significant improvements in tumor resectability among non-resectable pancreatic cancer patients. Alongside the new preclinical results, Silexion has recently reported plans to begin toxicology studies for SIL-204 in preparation for Phase 2/3 clinical trials expected to commence in the first half of 2026. The company is also expanding the application of its siRNA technology to colorectal cancer models, reflecting its broader ambitions to target multiple KRAS-driven cancers, which are notoriously difficult to treat with conventional therapies. While stock price has pulled back since premarket, The spike in Silexion’s market activity as marked by these record high volumes (according to market data) may highlight the growing market interest in the company’s novel approach to tackling cancers with high unmet medical needs, particularly its focus on KRAS mutations, which are common across a variety of aggressive cancers, including pancreatic and colorectal cancer. Silexion’s continued momentum in the precision oncology space potentially positions it as a leading player in the development of next-generation RNAi therapies. With its promising pipeline and recent positive developments, the company seems to be gaining attention as it advances toward clinical trials that could offer new hope for patients battling some of the deadliest cancers. Click here to read Silexion's full announcement *** This update is for informational purposes only and is not intended to serve as financial, investment or any form of professional advice, recommendation or endorsement. Please review the full documentation detailing financial compensation disclosures and disclaimers the article is subject to. [https://justpaste.it/ab9dn/pdf]. Global Markets News Network is a commercial digital brand compensated to provide coverage of news and developments related to innovative companies as detailed in the full documentation and it is thus subject to conflicts of interest. Contact Details News Coverage ronald@futuremarketsresearch.com

October 01, 2024 11:47 AM Eastern Daylight Time

Benchmark International Reveals Key Questions Sellers Should Ask Potential Buyers in the M&A Process

Benchmark International

Benchmark International, a global leader in mergers and acquisitions (M&A), has released a new insight article titled " Essential Questions to Ask Potential Buyers During the M&A Process." The guide emphasizes the importance of thorough buyer evaluation to ensure alignment with a seller's long-term goals. Among the crucial questions highlighted are: Why are you interested in buying my company? Understanding buyer motivation helps sellers assess strategic fit and alignment with the company's future vision. What is your timeline for the acquisition? This determines the buyer's urgency and readiness to proceed, effectively assisting sellers in planning their next steps. Can you share recent acquisition details? Evaluating previous acquisition experiences allows sellers to gauge the buyer's operational expertise and potential integration strategy. This resource is designed to empower sellers with the knowledge they need to navigate discussions with potential buyers, making informed decisions that ensure value maximization. Benchmark International's deep experience in M&A has allowed the firm to support thousands of businesses in achieving their sale goals. The firm's transaction teams encourage proactive due diligence, helping business owners feel confident about their strategic exits. Sellers seeking personalized advice are encouraged to contact Benchmark International for expert guidance. For more information and to access the full article "Essential Questions to Ask Potential Buyers During the M&A Process”, please visit https://www.benchmarkintl.com/insights/market-insights/essential-questions-to-ask-potential-buyers-during-the-ma-process/ 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/

October 01, 2024 11:40 AM Eastern Daylight Time

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NAFA Opens Registration for Annual 2025 Institute & Expo

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, is pleased to announce registration and housing are now open for the 2025 Institute & Expo (I&E). The premier fleet management event will take place April 28-30, 2025, in Long Beach, California, at the Long Beach Convention Center. Attendees can now register and book their accommodations at nafainstitute.org. NAFA’s 2025 I&E is set to bring together thousands of fleet professionals, representing corporate, government, public safety, utility, education fleets, and more. This year’s theme, “Propel Your Fleet,” highlights the event’s focus on innovation, sustainability and preparing fleets for the future in an ever-evolving industry. “NAFA’s Institute & Expo is the fleet management event of the year, offering unmatched opportunities for professional development, networking and exploring the latest products and technologies in fleet management,” said Bill Schankel, CAE, CEO of NAFA. Mike Camnetar, CAFM, NAFA Board President commented, “NAFA is excited to welcome attendees to Long Beach for I&E 2025, where fleet professionals will have the opportunity to gain the insights and tools they need to stay ahead of industry changes and drive their organizations toward success.” The I&E 2025 agenda is packed with opportunities for fleet professionals to stay ahead of the curve in a rapidly evolving industry. This year's event will feature more than 40 educational sessions covering a wide range of topics, including Emerging Technologies, Law Enforcement, Leadership, New to Fleet, Operations Management, Safety, Strategy, Sustainability and more. Attendees will also have the chance to engage in an Industry Update with a leading OEM, connect with peers, discover the latest fleet innovations, and participate in hands-on learning experiences. Key highlights of I&E 2025 include: Exhibit Hall: Discover the latest in fleet products and solutions from more than 200 exhibitors, showcasing innovations that can propel fleet operations forward. Indoor & Outdoor Ride & Drive Experiences, powered by Bobit: Get behind the wheel to interact with the latest vehicles. The Indoor EV Ride & Drive will take place in the Exhibit Hall, and the Outdoor Ride & Drive will occur on April 30, allowing attendees to experience advanced vehicle technologies up close. NAFA’s third annual Innovations Showcase: An interactive zone in the Exhibit Hall where attendees can explore cutting-edge products and vote for the People’s Choice award. Pre-Conference Events: Workshop-style sessions kicking off April 27, offering deep dives into fleet management’s most pressing topics: Maintenance Management, Sustainable Fleet Management and Driving Safety with Behavioral Science. Technician Training Program: A specialized program for technicians and service professionals. CAFM Live: A live instruction program running April 27-30, designed to help fleet professionals accelerate their progress toward becoming Certified Automotive Fleet Managers (CAFM). Crowning of the 100 Best Fleets in the Americas: Celebrating industry excellence and leadership, the top-performing public and commercial fleet operations, as well as the Fleet Professional and Fleet Technician of the Year, will be named. These features, combined with extensive networking opportunities and the industry’s largest Exhibit Hall, make I&E 2025 an essential event for fleet professionals. View the I&E preliminary program. Early bird registration is available through January 2025. More information on the lineup of educational sessions and speakers will be released leading up to the event. Prospective exhibitors are encouraged to secure their space early to ensure prime placement in the Exhibit Hall. For more information about reserving an exhibit booth, please visit NAFA’s website. Sponsorship opportunities can be secured here. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

October 01, 2024 11:23 AM Eastern Daylight Time

TRON DAO Completes Security Assessment Conducted by ChainSecurity, Strengthening Network Integrity

TRON DAO

Geneva, Switzerland – September 30, 2024 – TRON DAO has successfully completed a security assessment of its Java-Tron client, conducted by leading blockchain security firm ChainSecurity. The assessment, which focused on key components such as the TRON Virtual Machine (TVM), consensus mechanisms, and Peer-to-Peer (P2P) interactions, aimed to proactively identify and resolve any vulnerabilities that could potentially affect the TRON blockchain’s performance, including transaction execution, block generation, and consensus operations. Key Findings and Solutions ChainSecurity uncovered several vulnerabilities that, if exploited, could have impacted network performance or even caused disruptions. The TRON development team acted swiftly to address these issues. Below are some of the most notable findings and the solutions that were implemented to ensure network stability and security: 1. PBFT Messages Creating State Expansion A significant issue was found with PBFT (Practical Byzantine Fault Tolerance) messages, which could have caused unbounded memory expansion, potentially leading to a Denial-of-Service (DoS) attack. Solution: The system was updated to ensure PBFT messages are only processed when PBFT is enabled, preventing excessive memory consumption. 2. Unpermissioned Censoring of Fork Blocks An attacker could have censored legitimate fork blocks by creating a fork chain with fake blocks. Upon detection, the entire fork, including valid blocks, would have been discarded. Solution: The new code now filters out blocks from invalid producers before processing, ensuring network consistency. 3. Resource Consumption by Blocks Not Signed by Witnesses The assessment revealed that blocks without witness signatures were still being processed, consuming valuable resources such as memory, storage, and CPU. Solution: Blocks failing the signature check are now discarded immediately, preventing unnecessary resource usage and safeguarding network performance. TRON DAO’s Commitment to Security Commenting on the collaboration, a Founding Partner & Head of Sales, Emilie Raffo from ChainSecurity said: "It's always a pleasure getting on-boarded into new ecosystems and being able to provide value. We worked closely with the TRON team to identify and resolve vulnerabilities, strengthening the network’s overall security and performance. We look forward to many more years of fruitful collaboration to secure the TRON ecosystem." Dave Uhryniak, Community Spokesperson for TRON DAO, further stated: “Security is paramount to the growth and trust within any blockchain ecosystem. ChainSecurity’s security assessment of TRON has further strengthened our network’s resilience, ensuring that we continue to provide a secure and efficient platform for our global user base. This marks another milestone in our ongoing commitment to enhance the safety and reliability of the TRON network.” TRON DAO’s collaboration with ChainSecurity highlights its dedication to proactively identifying and resolving security challenges. This security assessment reinforces TRON’s commitment to protecting user assets and data across its network. Enhanced Security for TRON’s Ecosystem With these issues identified and resolved, TRON’s security infrastructure has been significantly strengthened, ensuring that the network continues to operate at an optimal level. ChainSecurity’s assessment reaffirms TRON’s dedication to maintaining the highest standards of security, providing a safe and reliable environment for its global user base. Want to Learn More? For a detailed breakdown of the findings and solutions, check out the full security assessment report: ChainSecurity Java-Tron Security Assessment Report. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of September 2024, it has over 256 million total user accounts on the blockchain, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network About ChainSecurity ChainSecurity is among the oldest and most trusted smart contract audit companies. Their team conducts smart contract audits since 2017 and is trusted by long-term partners, such as MakerDAO, Circle, Curve, Lido, TRON, Compound, Yearn, Tether, Argent, FUEL and others. In addition to its history of responsible vulnerability disclosures, in the Ethereum protocol itself and in live smart contract code, ChainSecurity has a history of developing new security tools and discovering new types of vulnerabilities. Media Contact ChainSecurity Marketing Team contact@chainsecurity.com Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

October 01, 2024 11:13 AM Eastern Daylight Time

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Benchmark International Successfully Facilitated the Transaction Between D TEL Telecommunications, Inc. and Responsive Technology Partners

Benchmark International

Benchmark International has successfully facilitated a transaction between Gastonia, NC-based D TEL Telecommunications, Inc. (D TEL) and Atlanta, GA-based Responsive Technology Partners (RTP). D TEL is a systems integrator that distributes and installs premise, hybrid, and cloud-based phone systems, paging, surveillance, access control, and sound systems. D TEL additionally offers dial tone brokering and wholesales telecom products. Founded in 1984, D TEL has been serving the small and midsize business (SMB) sector, focusing on the healthcare, medical, manufacturing, and service industries in North and South Carolina for 40 years. Responsive Technology Partners provides IT support services throughout North Carolina, Virginia, Georgia, Florida, and other US customers. They are a major leader in the MSP industry, having achieved growth both organically and by acquisition means. RTP offers services that include IT support, cybersecurity and compliance, telephony, cloud services, cabling, access control, and camera systems. "The entire Benchmark team is exceedingly pleased with this great new partnership between D TEL Telecommunications and Responsive Technology Partners," commented Benchmark Senior Transaction Director William Sullivan. "D TEL President Jim LaBrec and his team have done an outstanding job building and positioning their great company in a very attractive market. We believe that RTP will be a great steward of D TEL's storied legacy, and we wish the combined team all the best moving forward." 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/

October 01, 2024 10:54 AM Eastern Daylight Time

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Velocity Global Named a Leader in NelsonHall’s Global Employer of Record (EOR) Evaluation for the Fourth Time in a Row

Velocity Global

Velocity Global, the world’s expert on work, announced today that it was positioned as a leader in the 2024 Vendor Evaluation & Assessment Tool (NEAT) for global EOR services by NelsonHall. The report recognizes Velocity Global for both its ability to deliver immediate customer benefits as well as its capabilities to meet future customer needs. This marks the fourth time in a row that Velocity Global has earned this distinction, solidifying its position as a trusted partner for companies expanding their global presence. "Deploying a global workforce is extremely complex, as companies need to navigate a maze of varying regulations, compliance needs, and talent expectations in different countries," said Jeanine Crane-Thompson, Principal Analyst at NelsonHall’s HR & Talent Transformation practice. "Velocity Global’s blend of strategic R&D investments and compliance expertise has transformed them into a critical partner for companies looking to accelerate global growth. Their comprehensive EOR solution allows organizations to focus on their expansion goals without the burden and potential risks of logistical and legal complexities." As a trailblazer in global workforce solutions, Velocity Global empowers companies to hire, manage, pay, and retain talent, anywhere in the world. Over the years, Velocity Global has evolved from offering a point solution to being a strategic partner to its customers as they execute on their global growth plans. Velocity Global’s powerful combination of its self-service Global Work Platform and its deep legal and HR expertise ensures seamless compliance, no matter how complex the jurisdiction. Both employers and employees benefit from a frictionless, user-friendly experience. In its 2024 report, NelsonHall highlights several strengths that contributed to Velocity Global’s positioning as a leader, including: Mature EOR market provider: Velocity Global offers a compliant, integrated EOR solution that enables multinational companies to confidently hire across borders. Technology roadmap: Velocity Global’s roadmap is centered on AI-driven enhancements, expanded platform integrations, and robust self-service functionality. Competitive service offerings beyond EOR: Velocity Global offers an array of services beyond EOR, including global benefits, immigration support, pensions, equity management, and office space logistics. ”The ability to hire anyone, anywhere is a huge differentiator as companies expand across geographies and tap into underutilized talent pools,” says Francoise Brougher, CEO of Velocity Global. “To simplify and streamline this process for customers, we invest in our technology. This, coupled with our extensive in-country and compliance expertise, means customers can have peace of mind and focus on growing their business.” This latest recognition reinforces Velocity Global’s unwavering commitment to empowering businesses with the tools and expertise to navigate the complexities of the global workforce landscape and drive sustained growth. To learn more about what sets us apart, download the report [ here ]. For more information on how Velocity Global makes opportunity borderless for people everywhere, visit www.velocityglobal.com. About Velocity Global Velocity Global gives you the power to build your team everywhere—combining seamless technology and local expertise in 185+ countries. We make it simple to compliantly hire, pay, manage, and retain talent anywhere. With Velocity Global, the world is yours. About NelsonHall NelsonHall is the leading global analyst firm dedicated to helping organizations understand the 'art of the possible' in digital operations transformation. With analysts in the U.S., U.K., Continental Europe, and Asia, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And, for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall's analysis is based on rigorous, primary research, and is widely respected for the quality and depth of its insight. Media Contact: press@velocityglobal.com Contact Details Media contact +1 720-650-4348 press@velocityglobal.com Company Website https://velocityglobal.com/

October 01, 2024 07:47 AM Pacific Daylight Time

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How Cosmos Health’s Acquisition Of Almost 100-Year-Old Company, Adding To Capabilities Like Contract Manufacturing, Could Generate Over $10 Million In Annual Gross Profit

Benzinga

By James Blacker, Benzinga Global healthcare group Cosmos Health (NASDAQ: COSM) has potentially positioned itself for growth through its acquisition last year of Cana Laboratories, a Greek pharmaceutical company with nearly a century of expertise. As Cosmos’ new manufacturing arm, Cana brings a wealth of synergies, potentially enabling the company to control its own production, from pharmaceuticals to nutraceuticals. Cana Laboratories: A Century Of Expertise Founded in 1928, Cana Laboratories has earned its name in the pharmaceutical industry over nearly a century, having partnered with companies such as AstraZeneca (NASDAQ: AZN), Merck (NYSE: MRK), Janssen, Nestlé (OTC: NSRGY), Unilever (Unilever), Viatris (NASDAQ: VTRS) and Procter & Gamble (NYSE: PG). In recent years it has also worked with major firms in the medtech space, namely Medtronic (NYSE: MDT) and Stryker (NYSE: SYK). Cosmos acquired Cana in July of last year for around $1.67 million – a heavy discount compared to Cana’s $10 million valuation at the time, according to the company. As such, Cosmos expects to record a substantial gain on the purchase of what it now considers to be its crown jewel asset. The acquisition of Cana equips Cosmos with in-house manufacturing capabilities, bringing significant vertical integration and providing greater control over quality and costs. Cosmos can now use Cana’s facilities to manufacture its portfolio of generic medicines, including treatments for diabetes, cholesterol, respiratory and cardiac conditions, as well as its proprietary nutraceutical brand, Sky Premium Life. The acquisition has moreover added several brands to Cosmos’ portfolio, including antiseptics like C-Sept, the organic infant care line biobebe and dermocosmetics such as Eleon Cosmetics. New Facility To Scale Production Furthermore, Cosmos now owns Cana's 54,000 sq. ft. production facility in Athens. Certified by the European Medicines Agency and with a Good Manufacturing Practice license, this facility enhances Cosmos’ production capabilities, creating opportunities for potentially lucrative contract manufacturing agreements. Cosmos has invested some $5.5 million in Cana since the acquisition. The investment includes upgrading the Athens facility with new machinery, equipment, IT infrastructure and quality management systems. These investments will enable the company to manufacture a wide range of pharmaceuticals at scale, such as tablets, capsules, syrups, sprays, creams, gels and ointments. The company announced in July this year that it completed the first phase of this upgrade. At full capacity, which Cosmos says will be reached by the end of 2025, the facility is expected to generate over $10 million in annual gross profit. This stands in contrast to Cosmos’ current market cap of about $15 million as of Sept. 27. Contract Manufacturing: A High-Margin Growth Driver With its enhanced manufacturing capacity, Cosmos aims to accelerate the growth of its contract manufacturing business. In July, the company announced that it signed agreements with Provident Pharmaceuticals and Humacology to manufacture 5,020,000 units of medicines and up to 500,000 CBD units. Cosmos says its contract manufacturing business has very high margins thanks to minimal costs, most of which are borne by clients. The company, therefore, expects the newly signed deals to be highly profitable. Moreover, with less than 20% of its production capacity being utilized, there is plenty of room to sign additional contracts. Further down the line, if the facility reaches full capacity, Cosmos is prepared to initiate a second phase of the expansion to further boost capacity and gross profits beyond the projected $10 million from phase 1. Cosmos Health says it is confident that the acquisition of Cana Laboratories positions it for substantial growth. With its new in-house production capabilities, the company can boost efficiency and secure high-margin contract manufacturing agreements. Interested investors may want to watch for announcements of further contract manufacturing agreements as Cosmos seeks to fully utilize its production capacity. Featured photo by Testalize.me on Unsplash. 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 not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 01, 2024 09:30 AM Eastern Daylight Time

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