Category: GLOBE-NEWSWIRE

Duck Creek Hosts Annual One Duck Creek Summit to Build Connection, Belonging and Community

Post author By admin
Post date April 17, 2024

COLUMBIA, S.C., April 17, 2024 (GLOBE NEWSWIRE) — Today, Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, hosts its One Duck Creek Summit in Columbia, South Carolina, bringing employees together from across the globe. Attendees are recognized for their roles in the many councils and programs that help Duck Creek create a culture of excellence in insurance and technology.

The diverse group will convene over the next two days to discuss the past year’s goals and objectives and plan for the future to continue enhancing Duck Creek’s award-winning culture. Duck Creek endeavors to foster a culture of belonging and respect, where every voice is heard and valued.

“As a global company, we recognize the importance of having a diverse and inclusive workforce that reflects the communities and customers we serve,” said Amy Bayer, Global Director of DE&I, Engagement & Culture at Duck Creek. “We believe our DE&I programs are imperative for our employees, but also a strategic advantage that enables us to innovate, collaborate, and deliver better solutions for our clients. The One Duck Creek Summit is a great opportunity to celebrate our achievements, share best practices, and inspire each other to continue building a great culture.”

The Summit kicks off with Mike Jackowski, Chief Executive Officer of Duck Creek Technologies. Jackowski will highlight the importance of promoting strong company values that focus on diversity, equity, inclusion and belonging (DEI&B) and a positive employee experience. The Summit also features keynote speakers which empower employees to connect and learn about other successful workplaces and cultures.

“We are proud to recognize and celebrate the different backgrounds, ideas and experiences our employees bring to Duck Creek,” said Courtney Townsend, Chief People Officer at Duck Creek Technologies. “Nurturing an environment of belonging and inclusion is the foundation of an exceptional employee experience and a source of competitive advantage and innovation. Our flexible-first, global workplace allows us to attract and retain the best talent, regardless of location, and empowers our employees to work in ways that suit their preferences and needs.”

One of the highlights of the annual summit is a social impact event. This year, Duck Creek has partnered with Ronald McDonald House Charities in Columbia. Summit attendees will support their Pack-a-Smile program, offering close family members of children receiving care at local hospitals a quick, nutritious bagged lunch. This allows family members not to have to leave the bedside or wonder when or where their next meal will come from.

About Duck Creek Technologies
Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

Media Contacts:
Dennis Dougherty
dennis.dougherty@duckcreek.com

GlobeNewswire Distribution ID 9090905

Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

At Our Ocean Conference, Global Fishing Watch welcomes international partnerships to enhance ocean management

Post author By admin
Post date April 17, 2024

Key collaborations will bolster fisheries governance through greater transparency, data-sharing and policy reform

ATHENS, Greece, April 17, 2024 (GLOBE NEWSWIRE) — Global Fishing Watch, an international nonprofit organization dedicated to advancing ocean governance through transparency of human activity at sea, has announced three pioneering collaborations with Greece, Panama and the West African Sub-Regional Fisheries Commission (SRFC) in a bid to harness technology and data-driven solutions for enhanced transparency, improved fisheries management and greater ocean sustainability.

The partnerships, unveiled at the 9th Our Ocean Conference held in Athens, Greece, will leverage open data to combat illegal, unreported and unregulated (IUU) fishing, promote sustainable fisheries management and enable marine protection through deepened engagement with governmental bodies spanning three continents. In addition, they will provide Global Fishing Watch the opportunity to highlight transparency as a critical marine management tool and advance policy reforms regarding the adoption of vessel tracking methods like automatic identification systems (AIS) and vessel monitoring systems (VMS), as well as regional data sharing practices.

“Today’s announcements mark a milestone in our collaborative efforts to mobilize open data and technology in the fight against illegal fishing and toward improved global fisheries management,” said Tony Long, chief executive officer of Global Fishing Watch. “More importantly, our expanding network of partnerships shows that governments and multilateral institutions are increasingly recognizing the role Global Fishing Watch can play in achieving better and more transparent ocean governance.”

“Collaborative partnerships, political will and open data can drive tangible impact and help deliver lasting results for a sustainable ocean future for all,” Mr. Long added.

Leveraging Technology for Ocean Action

Presented at an official conference side event co-hosted by Greece, the Athanasios C. Laskaridis Charitable Foundation and Global Fishing Watch, the partnership with Greece commits authorities to utilizing Global Fishing Watch’s platform, which provides visualizations and analysis of fishing activity, for critical support in bolstering the country’s marine protection efforts.

“Greece commits to establishing a scientific monitoring and surveillance system for all its marine protected areas that will be supported with advanced monitoring techniques and digital tools, such as remote sensing and automatic communication with sea vessels,” Dr. Petros Varelidis, Secretary-General for Natural Environment and Waters of the Hellenic Ministry of Environment and Energy, confirmed. “The support of Global Fishing Watch and the Athanasios C. Laskaridis Charitable Foundation will enable us to monitor fishing activity in near real-time.”

A ‘significant step forward’ against IUU fishing

The Our Ocean Conference also welcomed a new partnership between Global Fishing Watch and the seven West African SRFC Member States comprising Cabo Verde, Gambia, Guinea, Guinea- Bissau, Mauritania, Senegal and Sierra Leone. Through the new three-year agreement with SRFC, Global Fishing Watch will support Member States with analysis and generated insights to inform targeted monitoring, control and surveillance (MCS) actions, bolstering countries’ abilities to manage activity in their waters and safeguard livelihoods and regional economic and environmental ecosystems.

The 5,500 kilometer coastline of West Africa is home to some of the most diverse fisheries in the world and maritime activity plays a key role across the region. Indeed, fisheries and aquaculture directly contribute US$24 billion to the African economy, with the demand for fish expected to increase by 30 percent by 2030. Inadequate monitoring and enforcement, however, have led to rampant IUU fishing, with nearly 40 percent of fish caught illegally, resulting in substantial economic losses and environmental degradation.

“The collaboration with Global Fishing Watch represents a significant step forward in the fight against illegal fishing in West Africa,” said Dr. Khallahi Brahim, Permanent Secretary of the Sub-Regional Fisheries Commission. “By joining forces, Global Fishing Watch and the SRFC can help transform fisheries governance, protect marine resources and secure the livelihoods of millions of people dependent on the fishing industry.”

The new partnership will work to ensure that SRFC Member States are fully equipped for better cooperation, monitoring and compliance, and also help establish cross-cutting initiatives with key stakeholders in ocean governance. The collaboration will pave the way for policy reforms and seek to establish AIS usage and data sharing as central pillars of SRFC Member States’ governance practices. It will also support government agencies in developing and retaining capacity to harness data and technology to strengthen management, including MCS, enforcement and marine protection.

Charting a new era of ocean governance

Global Fishing Watch’s activity on the margins of the Our Ocean Conference also saw the renewal of an ongoing collaboration with the Government of Panama, first launched in 2019, aimed at building an improved, collaborative framework for data-sharing and policy development.

The updated agreement reflects a deepened relationship between the two parties and a growing commitment to fisheries transparency. Supplementing the VMS data of its vast international fleet, which has been visible on the Global Fishing Watch map since October 2019, Panama will now share vessel data from its list of international licenses, including fishing licenses, areas of operation and information related to fishing support vessels. Over the next five years, Global Fishing Watch will also provide technical and data-driven assessments for the Aquatic Resources Authority of Panama to help inform national policies and regulations related to fisheries management.

“We are pleased to announce the renewal of the memorandum of understanding with Global Fishing Watch in our tireless fight against illegal, unreported and unregulated fishing,” said Hamed Tuñón, General Administrator, Aquatic Resources Authority of Panama. “Our strengthened alliance reflects the continued commitment of both parties to protecting our oceans and preserving their biodiversity. Together, we will continue to use innovative technology and collaborative strategies to ensure the sustainability of our valuable marine resources.”

“Now, more than ever, the global community must rally behind landmark initiatives to protect our ocean, combat harmful practices, and achieve ambitious conservation targets such as safeguarding at least 30 percent of the ocean by 2030,” Mr. Long concluded. “Achieving these critical commitments will be virtually impossible without Global Fishing Watch’s innovative ocean monitoring technology and expertise.”

Attachments

Kimberly Vosburgh
Global Fishing Watch
5185902979
KIMBERLY@GLOBALFISHINGWATCH.ORG

GlobeNewswire Distribution ID 9090876

Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

TokenEx and IXOPAY to Merge, Enabling Merchants to Optimize the Use of Multiple Payment Processors

Post author By admin
Post date April 17, 2024

Payments Optimization Platform for Global Commerce Delivers Omnichannel Tokenization, Payments Orchestration, and Card Lifecycle Management

TokenEx_IXOPAY_Merge

TokenEx and IXOPAY merged on April 17, 2024 to become IXOPAY, a TokenEx Company.

TULSA, Okla. and VIENNA, Austria, April 17, 2024 (GLOBE NEWSWIRE) — TokenEx, the leading cloud tokenization provider, and IXOPAY, the leading independent payments orchestration platform, today are announcing their definitive agreement to merge, creating a new leader in global payments optimization. The combined company will be called IXOPAY, a TokenEx Company, and Marc Olesen will lead the combined organization as CEO. Customers will benefit from a comprehensive platform that enables increased authorization rates and decreased interchange fees for merchants, along with PCI-certified secure payment data.

This merger brings together the strengths of TokenEx’s expertise in tokenization of payment data, and IXOPAY’s world-class payments orchestration, including transaction routing & reconciliation capabilities.

“This merger marks a significant milestone in the payments industry,” said Marc Olesen, CEO. “By joining forces, IXOPAY, a TokenEx Company is uniquely positioned to help merchants develop a payments strategy that optimizes the use of multiple payment processors to enhance both top and bottom-line results.”

TokenEx’s merger with IXOPAY marks a pivotal step in the transformation of the payments industry toward supporting a multi-processor approach to payments, delivering a complete unified payments platform that includes:

Omnichannel Tokenization — Universal Tokens enable merchants to use one payment token for in-person and online transactions and all payment processors. This eliminates storing payment data in multiple systems, reduces system complexity, and provides unified customer data.
Payments Orchestration — This highly scalable payments orchestration platform for merchants delivers intelligent routing, cascading, and state-of-the-art risk management functions as well as centralized reconciliation and settlements along with plugin-based integration of over 200 acquirers, Alternative Payment Methods, and payment service providers.
Card Lifecycle Management — A complete set of capabilities for managing the entire transaction lifecycle at scale, including updating expired cards, leveraging the efficiency of network tokens, streamlined routing with BIN Lookup, and authenticating transactions with 3D Secure.

“By merging with TokenEx we not only bring together our unique capabilities to become the most comprehensive payments platform for global merchants, but we can also utilize the expertise of the TokenEx team to provide first-class service to our primarily European customers in the U.S. market,” said Rene Siegl, Founder and Executive Chairman of IXOPAY. “For merchants who value the competitive advantage that comes with treating payments as strategic, IXOPAY, a TokenEx Company will ultimately deliver a complete omnichannel payments optimization platform with best-in-class tokenization and intelligent transaction routing — giving merchants unprecedented control over their revenue and the competitive edge to thrive in global commerce.” Both Rene Siegl, Founder and Nathalie Siegl, CEO will remain with IXOPAY, a TokenEx Company as executives.

About TokenEx

TokenEx is a cloud tokenization and payment optimization provider committed to helping organizations safely and compliantly process and transmit sensitive data. Its industry-leading solution for data protection can secure and desensitize any structured data element to reduce risk, streamline operations, and enable critical business processes.

About IXOPAY

IXOPAY is a best-of-breed payment orchestration platform offering flexible and independent global payment processing options. IXOPAY provides smart transaction routing with cascading, state-of-the-art risk and fraud management, fully automated reconciliation and settlements processing, comprehensive reporting and access to hundreds of acquirers, payment service providers and alternative payment methods.

Media Contact:

Nicholas Mueller

nmueller@tokenex.com

510-289-2001

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/27147864-91b0-4683-aa19-d4c4690d323a

GlobeNewswire Distribution ID 9089826

Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

DALI Alliance Launch Test and Certification Specifications for DALI+

Post author By admin
Post date April 16, 2024

DALI Alliance Launches DALI +

The DALI Alliance, recognized as the international authority in lighting technology standardization, has unveiled much-anticipated certification details for its wireless specification: DALI+ over Thread.

LONDON, April 16, 2024 (GLOBE NEWSWIRE) — The DALI Alliance, recognized as the international authority in lighting technology standardization, has unveiled much-anticipated certification details for its wireless specification: DALI+ over Thread.

As lighting specifications increasingly seek smarter, sustainable, and interoperable solutions, DALI+ emerges as a crucial enabler of standardized wireless or IP-based lighting systems. The alliance’s collaboration with partners such as Thread Group has resulted in the integration of enhanced security and encryption solutions, ensuring the integrity and confidentiality of data transmission within DALI+ networks.

Key features of DALI+ with Thread include:

Wireless Mesh Network: Thread creates an Internet Protocol version 6 (IPv6) based wireless mesh network. Off-the-shelf Thread border routers can also be used to connect multiple Thread networks through IP technologies, such as Ethernet or Wi-Fi, allowing a highly scalable lighting control system.
Extended Addressing: In addition to the standard 64 control gear and 64 control device addresses, DALI+ with Thread IPv6 routing allows almost unlimited addressing capability. The usual DALI broadcast, group and short-addressing methods are included together with IP unicast and multicast capability.
Interoperability: DALI+ certification includes all the benefits of the existing DALI-2 and D4i certification programs with extensive testing, independent verification, and listing of every certified product in a publicly searchable product database to ensure a high level of product interoperability. Furthermore, DALI+ bridge devices will allow DALI-2 wired devices or systems to connect with and operate with the products in a DALI+ wireless system.
Device Support: DALI+ supports a wide array of control devices, including occupancy sensors, light sensors, switches, sliders, rotaries, and pushbuttons. Control gear support currently includes LED drivers with the three optional data parts: luminaire data, power and energy, and diagnostics data.

Paul Drosihn, General Manager of the DALI Alliance, expressed enthusiasm about the launch, stating, “This represents a significant advancement in DALI-enabled technology. Our members and users will experience the benefits of enhanced wireless interoperability and strengthened sustainability credentials.” Drosihn continues, “Moreover, this milestone underscores our steadfast commitment to driving innovation and nurturing eco-conscious solutions within the industry. By leveraging the potential of DALI technology, we are not only revolutionizing lighting controls but also laying the groundwork for a more sustainable future for generations to come.”

DALI Alliance launches DALI+ (1)

Commenting on the collaboration, Klaus Waechter, VP Commercial Buildings at Thread, said, “We are proud to collaborate with the DALI Alliance in utilizing Thread technology in the DALI+ specification. This partnership underscores our commitment to advancing wireless connectivity and interoperability for commercial grade markets and the lighting industry in general.”

For more information, please contact press@parrotprandmarketing.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cab88b27-8652-41d6-a8b9-23f872dd416c

GlobeNewswire Distribution ID 1000934974

Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

Recursion Appoints Najat Khan, PhD, as Chief R&D Officer and Chief Commercial Officer

Post author By admin
Post date April 16, 2024

Dr. Khan, formerly the Chief Data Science Officer and Global Head of Strategy and Portfolio, Innovative Medicine R&D at Johnson & Johnson (J&J), will also join Recursion’s Board of Directors

Photo of Najat Khan, Ph.D.

Najat Khan, Ph.D.

SALT LAKE CITY, April 16, 2024 (GLOBE NEWSWIRE) — Recursion (Nasdaq: RXRX), a clinical stage TechBio company leading the space by decoding biology to industrialize drug discovery and development, announced Najat Khan, PhD, will be its Chief R&D Officer and Chief Commercial Officer. Dr. Khan will lead Recursion’s research and development, and build its emerging commercial capabilities. She has also been appointed to Recursion’s Board of Directors.

“Najat brings a unique blend of leadership in biological, chemical, and medical sciences, data science, and business,” said Chris Gibson, Co-Founder and CEO of Recursion. “More importantly, she has a vision and passion for transforming drug discovery and development that complements ours and she has a strong sense of urgency to accelerate the industry’s future. We are excited to welcome her as a Recursionaut to drive our portfolio pipeline, as well as create commercial strategies as we continue to industrialize the creation of high impact medicines.”

Dr. Khan has deep expertise in the pharmaceutical and healthcare industry, spanning biological, chemical, and medical science, computational and data science, and general business leadership, with a focus on driving substantial patient and business value. As the Chief Data Science Officer and Global Head of Strategy and Portfolio Organization, for Innovative Medicine R&D at Johnson & Johnson, Najat played an integral role with the senior leadership team in building an industry-leading pipeline that delivered multiple transformational medicines. She has been a pioneer in driving the impact of data science/AI at scale while establishing a top-tier diverse data science team, underpinning her commitment to innovation and excellence at the intersection of healthcare and technology. Dr. Khan co-chaired Johnson & Johnson’s Data Science Council, where she has played a key leadership role in driving the adoption of data science across the company to achieve business impact and deploy best practices for data use, AI, ethics, as well talent recruitment and development.

“My mission and focus has been to harness the power of science, data, and AI to revolutionize the way we discover, develop, and deliver transformative medicines for patients”, said Dr. Khan, “This seamlessly aligns with Recursion’s goal to pioneer the burgeoning TechBio sector and decode biology and chemistry to radically improve lives. I believe their approach represents the future of our industry, and sets Recursion to be at the forefront to deliver on this vision. I’m thrilled to be part of Recursion’s board and leadership team, embarking on this vital mission together.”

Dr. Khan serves as a board member for Alliance for Artificial Intelligence in Healthcare and is a Steering Committee member of the White House’s Moonshot CancerX program to enhance outcomes for cancer patients. Najat is the founder and co-chair of the Data Science in Industry Roundtable (DISRUPT) – a cross industry forum dedicated to driving impact through Data Science. She is an alumna of University of Pennsylvania with a doctorate in Organic Chemistry leveraging experimental and computational approaches, has an undergraduate degree in Computational Chemistry and a minor in Business / Economics from Colgate University, and is published in various high-impact journals.

“We are pleased to welcome Najat to the board to guide the strategic vision of Recursion,” said Dean Li, Co-Founder and Board Member of Recursion and President, Merck Research Laboratories, “Najat shares our outlook on how the industry needs to evolve, and I believe her insight will be highly valuable as we enter the era of AI enabled drug discovery and development.”

About Recursion
Recursion is a clinical stage TechBio company leading the space by decoding biology to industrialize drug discovery. Enabling its mission is the Recursion OS, a platform built across diverse technologies that continuously expands one of the world’s largest proprietary biological, chemical and patient-centric datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale — up to millions of wet lab experiments weekly — and massive computational scale — owning and operating one of the most powerful supercomputers in the world, Recursion is uniting technology, biology, chemistry and patient-centric data to advance the future of medicine.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has offices in Toronto, Montreal and the San Francisco Bay Area. Learn more at www.Recursion.com, or connect on X (formerly Twitter) and LinkedIn.

Media Contact
Media@Recursion.com

Investor Contact
Investor@Recursion.com

Forward-Looking Statements
This document contains information that includes or is based upon “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995, including, without limitation, all statements that are not historical facts. Forward-looking statements may or may not include identifying words such as “plan,” “will,” “expect,” “anticipate,” “intend,” “believe,” “potential,” “continue,” and similar terms. These statements are subject to known or unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, including but not limited to: challenges inherent in pharmaceutical research and development, including the timing and results of preclinical and clinical programs, where the risk of failure is high and failure can occur at any stage prior to or after regulatory approval due to lack of sufficient efficacy, safety considerations, or other factors; our ability to leverage and enhance our drug discovery platform; our ability to obtain financing for development activities and other corporate purposes; the success of our collaboration activities; our ability to obtain regulatory approval of, and ultimately commercialize, drug candidates; our ability to obtain, maintain, and enforce intellectual property protections; cyberattacks or other disruptions to our technology systems; our ability to attract, motivate, and retain key employees and manage our growth; inflation and other macroeconomic issues; and other risks and uncertainties such as those described under the heading “Risk Factors” in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K. All forward-looking statements are based on management’s current estimates, projections, and assumptions, and Recursion undertakes no obligation to correct or update any such statements, whether as a result of new information, future developments, or otherwise, except to the extent required by applicable law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/21f011ab-bada-4c3e-a55f-d8eabecf35ad

GlobeNewswire Distribution ID 9090097

Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

Lantronix Announces New FOX4 and Bolero 43 Edge Compute Trackers, Expanding Its Award-Winning Telematic Gateways Family

Post author By admin
Post date April 16, 2024

New Lantronix solutions target the high-growth telematics market estimated to reach $3.7 Billion by 2027

IRVINE, Calif., April 16, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today launched its new FOX4 and Bolero 43 edge compute tracker telematic gateways. Designed for assets and fleet management, both products come pre-configured with Lantronix’s Percepxion IoT edge software platform, which provides secure, comprehensive IoT device provisioning and management. The two new products were showcased in the Lantronix booths at Embedded World 2024 (Hall 3, booth 356) held April 9–11, 2024, in Nuremberg, Germany, and ISC West 2024 (booth 7117) held April 10–12, 2024, in Las Vegas.

Ursula Hess, CEO of Quantum Aviation, a customer of Lantronix telematic products, said, “Utilizing Lantronix’s FOX Series Telematic Gateways, we are able to feed reliable, real-time data to our cloud-based software solution, which gives our aviation customers access to critical information for real-time visibility and actions as well as long-term analytics.”

According to Berg Insight, the global shipments of aftermarket telematic devices will grow at a CAGR of 10.5 percent in the next five years to reach 77.6 million units in 2027 for a total market value estimated to reach $3.7 billion by 2027. Lantronix’s innovative hardware and software effectively target this market, supporting these growth trends.

“Our new telematic devices provide a complete package that merges connectivity and cloud device management with award-winning hardware,” said Jacques Issa, VP of Marketing for Lantronix. “Lantronix is committed to innovation by introducing integrated hardware and software products where ease of use in customizing, on-boarding and provisioning remotely is paramount.”

The FOX4 Edge Compute Tracker

The latest upgrade in Lantronix’s FOX series, the FOX4 Edge Compute Tracker offers seamless integration of cellular and GNSS technologies, now enriched with BLE and Wi-Fi® connectivity, alongside advanced security features. FOX4 is engineered for versatility, and its design is optimal for a wide range of applications, from industrial complexes to urban landscapes. FOX 4 also offers the capability to support both internal and external antennas.

With robust support for PFAL scripting, LUA, MQTT, Azure and REST API, the FOX4 Series Trackers ensure that the user’s product can seamlessly communicate with virtually any telematics platform, reducing development time and accelerating the path to market.

The Bolero 43 Edge Compute Tracker

The Bolero 43 Edge Compute Tracker excels in asset and fleet management and Industrial IoT applications, such as manufacturing and automation. A derivative of the FOX4 series, the Bolero 43 integrates into the same ecosystem and uses the same programming languages. Designed for harsh environments, the Bolero 43 features an IP68 rating and a rugged design for durability. It is now globally available.

Both the FOX4 and Bolero 43 Edge Compute Trackers feature customization capabilities that are facilitated by the intuitive Workbench tool, enabling easy customizations from performance optimization to unique functionality integration.

Uninterrupted Uptime With Lantronix Connectivity Services SIM Card

FOX4 and Bolero 43 Series Telematic Gateways come preinstalled with Lantronix’s Connectivity Services SIM card that empowers users with a wide range of carrier options, allowing them to select the most suitable network provider, including industry leaders such as Verizon, AT&T and T-Mobile in North America as well as multiple carriers in the Europe and Asia Pacific regions.

Percepxion Service for Lantronix IoT Device Lifecycle Management

Delivered as a service, the Percepxion IoT edge software platform provides comprehensive device management through an intuitive single-pane-of-glass dashboard. Percepxion efficiently scales IoT edge deployments, including telematic gateways, from regional to global installations. This service will position Lantronix to target Annual Recurring Revenue (ARR) growth in the coming year.

Learn more about Percepxion and review its 60-day free trial offer here.

About Lantronix

Lantronix Inc. is a global provider of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to achieve success in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to our solutions, technologies and products, as well as the FOX4, Bolero 43 and Percepxion, and expectations regarding our management and our future growth and profitability. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2023, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 12, 2023, including in the section entitled “Risk Factors” in Item 1A of Part I of such report; in our Quarterly Report on Form 10-Q for the fiscal quarter ended Dec. 31, 2023, filed with the SEC on Feb. 8, 2024, including in the section entitled “Risk Factors” in Item 1A of Part II of such report; as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com
949-212-0960

Lantronix Analyst and Investor Contact:
Jeremy Whitaker
Chief Financial Officer
investors@lantronix.com
949-450-7241

GlobeNewswire Distribution ID 9090099

Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

EBC Financial Group Partners with United to Beat Malaria, a Campaign of the United Nations Foundation, to Protect Vulnerable Children and Their Families from Malaria

Post author By admin
Post date April 16, 2024

EBC Financial Group Amplifies Malaria Eradication Efforts, Supporting Critical Health Interventions and Community Empowerment

In Front of Capitol Hill

EBC with delegates of the United to Beat Malaria 2024 Leadership Summit at Capitol Hill

WASHINGTON, April 16, 2024 (GLOBE NEWSWIRE) — Today, EBC Financial Group (EBC) announced a new partnership with United to Beat Malaria (Beat Malaria), a campaign of the United Nations Foundation (UN Foundation), aimed at protecting those most vulnerable from malaria – a mosquito-borne disease that claims over 600,000 lives every year.

This partnership provides support for the United to Beat Malaria campaign, which works to improve access to malaria prevention and essential health services in support of the UN Foundation’s goal of achieving a healthier and more equitable world. The UN Foundation brings together ideas, people, and resources to drive global progress and tackle humanity’s greatest challenges. The UN Foundation initiatives have collectively protected tens of millions of children from disease, formed partnerships to provide help and hope to refugees, and mobilised communities to take action towards the realisation of the Sustainable Development Goals.

EBC is honoured to partner with the United to Beat Malaria campaign, joining forces to impactfully end malaria. This partnership reflects EBC’s dedication to corporate social responsibility and support to underprivileged children. EBC recognises the profound impact of malaria on the health and well-being of poverty-stricken regions, and the subsequent economic repercussions, particularly in exacerbating the disparity between developed and underprivileged regions. Malaria disproportionately impacts young children: over 75% of all malaria deaths are children under 5. A child dies nearly every minute from this preventable and treatable disease.

“Being invited to United to Beat Malaria’s 2024 Leadership Summit and witnessing the advocacy in action was not only a tremendous privilege but also an enlightening experience for me,” said David Barrett, CEO of EBC Financial Group (UK) Ltd, the British entity of EBC. “Seeing firsthand the impact that EBC Group can have by actively engaging with organisations like United to Beat Malaria reaffirms our commitment to making a difference in the communities we serve.”

Collaborative Insights at the United to Beat Malaria 2024 Leadership Summit

Dr. Sara Hendrix, a professor at the University of Alabama and Beat Malaria advocate, alongside CEO David Barrett of EBC Financial Group (UK) Ltd.

“Our partnership with EBC Group is built on a shared commitment to protect the world’s most vulnerable children and families from this deadly yet preventable disease,” said Margaret McDonnell, Beat Malaria’s Executive Director. “EBC’s support will enable our campaign to reach at-risk communities and deliver life-saving interventions in malaria endemic countries as to save and improve lives.”

Today, malaria is a disease of poverty and health inequity. It’s transmitted to people through the bites of Anopheles mosquitoes, which carry the life-threatening disease caused by the blood parasite Plasmodium. The tools to prevent, diagnose, and treat malaria are highly cost-effective; but millions around the world lack access to these life-saving interventions. Half the world’s population remains at-risk of malaria, with over 240 million cases annually. Malaria is most prevalent in Africa, which carries 94% of all cases globally, and disproportionately impacts young children, pregnant women, displaced populations, and remote communities with limited access to healthcare.

The world has already made remarkable progress against this ancient disease, cutting the malaria mortality rate by approximately half. With continued funding, partnership, and political will, we can be the generation that ends malaria for good.

In addition to financial support, EBC also seeks to educate its employees about malaria and encourage them to get involved. Last month, Samuel Hertz, APAC Director of Operations at EBC Financial Group, alongside David Barrett, joined over 100 malaria advocates, experts, and leaders at United to Beat Malaria’s annual Leadership Summit in Washington DC. The 3-day event was a platform for learning, networking, and advocating for global leadership, emphasising the collective action needed to tackle this critical public health challenge. Also, EBC employees will participate in the upcoming Move Against Malaria 5K (April 25-May 5), a remote 5K run held worldwide to raise funds and awareness for malaria.

Move Against Malaria 5k Run 2024

Between April 25 – May 5, 2024, join supporters around the world for Move Against Malaria, a virtual event to raise awareness and funds to support lifesaving malaria treatment tools and programs.

Samuel Hertz stated, “We, as a company, are committed to aiding children worldwide, recognising malaria as one of the most significant threats to their lives. At the summit, we gained insight into the progress made toward eradicating malaria globally. However, this endeavour requires extensive support from diverse partners, which is why we are thrilled to join this coalition. Although the journey ahead may be challenging and prolonged, we understand that meaningful change takes time and effort. As a global company, EBC acknowledges its responsibility to contribute to a better world.”

United for a Cause: EBC Financial Group at the United to Beat Malaria 2024 Leadership Summit

Looking ahead, EBC plans to forge deeper collaborations with UN-related charitable organisations and global partners to bolster health systems worldwide. Through these efforts and its commitment to corporate social responsibility, EBC aims to raise awareness about health disparities and promote inclusivity on a global scale.

For more information, visit ebc.com and beatmalaria.org.

About EBC Financial Group
Founded in the esteemed financial district of London, EBC Financial Group (EBC) is renowned for its comprehensive suite of services that includes financial brokerage, asset management, and comprehensive investment solutions. With offices strategically located in prominent financial centres, such as London, Sydney, Hong Kong, Tokyo, Singapore, the Cayman Islands, Bangkok, Limassol, and more, EBC caters to a diverse clientele of retail, professional, and institutional investors worldwide.

Recognised by multiple awards, EBC prides itself on adhering to the highest levels of ethical standards and international regulation. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA), EBC Financial Group (Australia) Pty Ltd is regulated by Australia’s Securities and Investments Commission (ASIC), and EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA).

At the core of EBC Group are seasoned professionals with over 30 years of profound experience in major financial institutions, having adeptly navigated through significant economic cycles from the Plaza Accord to the 2015 Swiss franc crisis. EBC champions a culture where integrity, respect, and client asset security are paramount, ensuring that every investor engagement is treated with the utmost seriousness it deserves.

https://www.ebc.com/

About UN Foundation’s United to Beat Malaria
The UN Foundation is an independent charitable organization created to work closely with the United Nations to address humanity’s greatest challenges, build initiatives across sectors to solve problems at scale, and drive global progress. Learn more at www.unfoundation.org.

United for a Cause: EBC Financial Group at the United to Beat Malaria 2024 Leadership Summit

Advocates from EBC Financial Group stand united with global champions at the United to Beat Malaria Leadership Summit, showcasing a collective commitment to eradicating malaria and fostering global health equity.

The UN Foundation’s United to Beat Malaria campaign brings together key and diverse partners and supporters to take urgent action to end malaria and create a healthier, more equitable world. Since 2006, United to Beat Malaria has worked to equip and mobilize citizens across the U.S. and around the world to raise awareness, funds and voices. The campaign works with partners in endemic countries to channel life-saving resources to protect the most marginalized and vulnerable populations. By championing increased leadership, political will and resources from the U.S. and beyond, as well as more holistic, innovative tools and strategies, we can be the generation that ends malaria once and for all. Learn more at www.beatmalaria.org.

Media Contact:
Douglas Chew
douglas.chew@ebc.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4954a4a7-5362-451d-88da-ef3cc1ab5b04

https://www.globenewswire.com/NewsRoom/AttachmentNg/f5741193-fffb-4147-a9d6-51403f5f9e93

https://www.globenewswire.com/NewsRoom/AttachmentNg/13f60edc-4134-4f15-a319-5302af3e23d1

https://www.globenewswire.com/NewsRoom/AttachmentNg/da6c1305-3c63-41d5-9d51-e90ba5383017

GlobeNewswire Distribution ID 9090056

Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

Stevie® Awards Announce Winners in 18th Annual Stevie® Awards for Sales & Customer Service

Post author By admin
Post date April 16, 2024

Winners Announced in 18th Annual Stevie® Awards for Sales & Customer Service

Winners in the 18th annual Stevie® Awards for Sales & Customer Service, recognized as the world’s top customer service awards and sales awards, were unveiled on April 12 during a gala ceremony in Las Vegas, Nevada USA.

FAIRFAX, Va., April 15, 2024 (GLOBE NEWSWIRE) — Winners in the 18th annual Stevie® Awards for Sales & Customer Service, recognized as the world’s top customer service awards and sales awards, were unveiled on Friday night at a gala ceremony in Las Vegas, Nevada USA, attended by more than 400 executives from around the world.

The complete list of Stevie Winners by category is available at http://www.StevieAwards.com/Sales.

The 10 most-honored organizations in the 2024 Stevie Awards for Sales & Customer Service received Grand (“best in show”) Stevie Award trophies. Nominees were not able to apply for Grand Stevie Awards directly. Winners were determined by a points system based on the total number of awards won, as well as having the highest average score in selected categories.

DP DHL Worldwide, with 13 Gold, 18 Silver, and 14 Bronze Stevie Award wins, was the most honored organization this year, earning the top Grand Stevie Award trophy. In descending order, the organizations below were presented with Grand Stevie Award trophies in the 2024 Stevie Awards for Sales & Customer Service on behalf of themselves and/or clients. There was a ninth-place tie between Toco Warranty and Purpol Marketing Limited.

DP DHL (Worldwide), 96 points
IBM (Armonk, NY USA), 64 points
Support Services Group, Inc. (Waco, TX USA), 49 points
Allianz Services Pvt Ltd (Trivandrum, Kerala, India), 39 points
Sales Partnerships, Inc. (Broomfield, CO USA), 38.5 points
UPMC Health Plan (Pittsburgh, PA USA), 31 points
Blackhawk Network (Pleasanton, CA USA), 26 points
VIZIO Inc. (Irvine, CA USA), 22 points
Toco Warranty ( Los Angeles, CA USA), 19 points
Purpol Marketing Limited (Chippenham, United Kingdom), 19 points

Other notable winners with three Gold Stevie Awards include Alight Solutions (Lincolnshire, IL USA), Optum (Eden Prairie, MN USA), and WNS (Holdings) Limited (Mumbai, India).

Organizations winning a combination of five or more Gold, Silver, or Bronze Stevie Awards include TransPerfect Translations, New York, NY USA (eight), VMWare (Broadcom) Palo Alto, CA USA (seven), Intuit, Toronto, Canada (seven), Avetta, Lehi, UT USA (seven), SAP, Worldwide (seven), ValueSelling Associates, Inc., Carlsbad, CA USA (six), Element Electronics, Winnsboro, SC USA (six), Voya Financial, New York, NY USA (six), CivicPlus, Manhattan, KS USA (five), Capital Rx, New York, NY USA (five), Datasite, Minneapolis, MN USA (five), Inspiro, Makati City, Philippines (five), Loveholidays, London, UK (five), OpenGov, San Francisco, CA USA (five), QNB Finansbank, Istanbul, Turkey (five), and Qualitest Group, Bridgewater, NJ USA (five).

More than 2,300 nominations from organizations of all sizes and in virtually every industry were evaluated in this year’s competition. Winners were determined by the average scores of more than 200 professionals worldwide in seven specialized judging committees.

Entries were considered in more than 60 categories for customer service and contact center achievements, including Contact Center of the Year, Award for Innovation in Customer Service, and Customer Service Department of the Year; 60 categories for sales and business development achievements, ranging from Sales Director of the Year to Sales Training Practice of the Year, and Achievement in Sales Automation; and categories to recognize new products and services and solution providers, among others.

Winners in one special category, the Sales Partnerships Ethics in Sales Award, were also announced and recognized at the April 12 ceremony. This award recognizes organizations for best practices and achievements in demonstrating the highest ethical standards in the sales industry. Integrity Solutions of Nashville, TN USA is the Gold Stevie winner in this category. The Silver winners are Better Way Health (Kennesaw, GA USA), Stateside Affairs (Manasquan, NJ USA), and Desiderate (New South Wales, Australia). Bronze Stevie winners are Alright Retiree Health Solutions (Chicago, IL USA), Belkins (Dover, DE USA), Rootstack (Panama), Shell International Aviation (Makati, Philippines), TCN (St. George, UT USA), and Yuksekbilgili Egitim & Danismanli (Istanbul, Turkey).

Winners of the 2024 People’s Choice Stevie® Awards for Favorite Customer Service, announced on April 4, were also honored at the April 12 awards gala. People’s Choice Stevie Award winners receive the coveted crystal People’s Choice Stevie Award, which is determined by a worldwide public vote.

The presentations were broadcast live via Vimeo and are available to watch online.

Nominations for the 2025 edition of the Stevie Awards for Sales & Customer Service will be accepted starting this July. The entry kit may be requested at http://www.StevieAwards.com/Sales.

About the Stevie Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, the Stevie Awards for Sales & Customer Service, and the new Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries annually from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Sponsors of the 18th annual Stevie Awards for Sales & Customer Service include Sales Partnerships, Inc. Support Services Group, Inc., and ValueSelling Associates, Inc.

Media Contact:
Nina Moore
+1 (703) 547-8389
Nina@StevieAwards.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e0520bf9-f814-4189-9d3f-b3a1f8a31877

GlobeNewswire Distribution ID 9089907

GLOBE-NEWSWIRE MENA Pakistan Press Releases

EvoTec Power Set to Showcase Innovative Alternator Solutions at Middle East Energy 2024

Post author By admin
Post date April 15, 2024

ANHUI, China, April 15, 2024 (GLOBE NEWSWIRE) — EvoTec Power, a leading China generator manufacturer, is set to exhibit its alternator innovations at the Middle East Energy exhibition from April 16th to 18th, 2024, at the Dubai World Trade Centre, UAE. Visit EvoTec Power at Stand No. S2. F40 to explore their cutting-edge solutions for the energy sector.

Middle East Energy is the region’s largest energy exhibition and conference, attracting over 1,300 exhibitors from around the world. The event provides a platform for companies to showcase their products and solutions across various energy sectors, including critical and backup power, energy storage, transmission and distribution, renewable and clean energy, energy consumption and management, and smart solutions.

EvoTec Power will be highlighting three of its groundbreaking alternator products:

TH528 High-Voltage Series Generator: This high-efficiency, high-output alternator supports generators with a maximum voltage of up to 13800V and a top power output of 2750 kVA. Its unique design offers excellent energy conversion efficiency, optimal ventilation, and easy maintenance.
TCM288 Series Marine Alternator: Designed specifically for marine applications, the TCM288 series offers power ranging from 188 to 281kVA. This waterproof alternator series features high operating efficiency and fast response speed. With additional marine varnish, it is moisture-proof, mold-proof, and anti-fogging, making it perfect for ships operating in oceanic environments.
TCU188 Series Industrial Generator: The TCU188 series alternator provides reliable performance in industrial settings, with a power range of 25/54kVA. Its short structure, shockproof design, and additional marine varnish ensure durability and extended service life.

EvoTec Power’s alternators are equipped with advanced features such as high response speed, fast start-up, and superior overload capacity, making them the preferred choice for various industries, including energy, telecommunications, mining, and marine.

About EvoTec Power:
Established in 2011, EvoTec Power holds more than 45 national patents and aims to become the leading alternator manufacturer brand worldwide. With a strong focus on product quality and reliability, EvoTec Power ensures a 100% product qualification rate and strives for a ≧97% satisfaction rate for its products and services.

To learn more about EvoTec Power’s innovative alternator solutions, visit Stand No. S2. F40 at Middle East Energy 2024 or explore their website at https://en.evotecpower.com/.

Media Contact
Company Name: EvoTec Power Generation Co., Ltd.
Website: https://en.evotecpower.com/
Telephone: 400-880-5328
Email: info@evotecpower.com

GlobeNewswire Distribution ID 9089322

Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

Unprecedented call for reform of global finance to fix debt & climate crises – Project Everyone letter

Post author By admin
Post date April 15, 2024

Stephen Fry, Annie Lennox, Christiana Figueres, Forest Whitaker, David Miliband, Graça Machel, Helen Clark and Paul Polman among 100+ signatories of letter to G20 leaders

LONDON, April 14, 2024 (GLOBE NEWSWIRE) — Eighty years on from the establishment of the International Monetary Fund and World Bank, a coalition of leading actors, politicians, artists and economists have written to leaders of the world’s major economies, urging them to upgrade the global financial system to solve the debt and climate crises and achieve the Sustainable Development Goals.

The letter is being published ahead of World Bank and IMF Spring Meetings and builds on calls for global public finance reform led by Barbados Prime Minister Mia Mottley, Kenyan President William Ruto, and French President Emmanuel Macron.

It urges rich countries to triple their investment in multilateral development banks, end crippling debt, and make polluters pay for the environmental damage they cause.

Signatories include economist Mariana Mazzucato, businessman Dr. Mo Ibrahim, actor Dia Mirza, former politicians Rory Stewart, Joyce Banda, Heidemarie Wieczorek-Zeul and Helle Thorning-Schmidt, and filmmakers Richard Curtis, Juliano Ribeiro Salgado and KondZilla.

“The institutions of world finance have lost their muscle,” the letter reads. “The world is rocked by conflict, food insecurity, biodiversity loss, and spiralling inflation. All of which are compounded by the devastation wrought by climate change. The Sustainable Development Goals are under threat. Too many feel scarcity, austerity, despair.”

Dr Joyce Banda, Former President of the Republic of Malawi: “As African leaders, we need to invest in resilience, education, health and nutrition but we’re being held back by unfair debt. Climate change has brought untold suffering to our people through loss of infrastructure and arable lands, leading to incessant hunger. We have no choice but to borrow more, perpetuating the vicious cycle. This has to stop. It’s time to transform global public finance to pave the way for a fairer, more stable future for all.”

David Miliband, President and CEO of the International Rescue Committee: “Climate, conflict and poverty are closely linked – the world’s most fragile and conflict-affected states are often the most climate-vulnerable. To end extreme poverty and unlock sustainable development, G20 leaders should back financial architecture reform, deliver more concessional finance via the World Bank’s International Development Association, and work with civil society to ensure the money gets to where it’s needed most.”

The letter – also signed by Save The Children, ONE Campaign, Oxfam, Project Everyone and Christian Aid – urges the leaders of the world’s major economies to seize the opportunity of reform: “Change is already underway. The architects of the World Bank and the IMF earned their place in history. This is your chance to fulfil their promise: to transform these instruments for peace and prosperity and truly set them to work in our common interest.”

The letter will go live at 00:01 BST on Monday 15 April here
Media contact: zofia.tanaka@digacommunications.com

GlobeNewswire Distribution ID 1000934628