Thursday, June 30, 2022

Europ Assistance Group Chooses Akur8 to Strengthen Its Pricing Process

 PARIS - Thursday, 30. June 2022 


(BUSINESS WIRE) -- Europ Assistance Group and Akur8 are delighted to announce their collaboration to strengthen Europ Assistance's pricing process for its Travel Insurance and Car Assistance programs. By joining forces with one of the world's leading assistance companies, Akur8 is extending its European footprint and developing its expertise in the pricing of various insurance products.


Specifically developed for insurers, Akur8’s solution enhances their pricing processes by automating risk modeling using Transparent Artificial Intelligence proprietary technology. Core benefits for insurers include increased predictive performance and speed-to-accuracy for higher market reactivity and immediate business impact, all while maintaining full transparency and control of the models created.


In 1963, Europ Assistance invented the concept of assistance. With 24/7 assistance and an international network operating in over 200 countries and territories, Europ Assistance carries out over 11 million interventions each year to protect its hundreds of millions of policyholders around the world, and has received awards in several countries for its excellent services. By choosing Akur8, Europ Assistance is in line with its DNA as a pioneer company: Akur8's pricing solution brings unparalleled speed and accuracy to the insurance pricing process, allowing highly predictive models to be built in record time, while maintaining transparency, auditability and total control over the models.


"We are delighted to support Europ Assistance in enhancing the sophistication of its pricing process! Customer support is very important to us at Akur8, so we are particularly proud to collaborate with a reputable insurer that has received many awards for its reliability", said Samuel Falmagne, CEO of Akur8.


"We are honored to include a new Generali Group company among our clients. Not only does this new alliance with Europ Assistance strengthen Akur8's presence in Europe, but it also shows that our customers trust us", added Brune de Linares, Chief Client Officer of Akur8.


"Akur8 is a great pricing tool! We liked the automation of repetitive tasks as well as the quick and easy learning curve of the user interface for all team members. We particularly appreciated working on our own data with the help of Akur8 during the pilot, and we look forward to working together in the future", concluded Olivier Danneaux, Global Pricing & Underwriting Director at Europ Assistance.


About Akur8


Akur8 is revolutionizing insurance pricing with Transparent AI, boosting insurers’ pricing capabilities with unprecedented speed and accuracy across the pricing process without compromising on auditability or control.Our modular pricing platform automates technical and commercial premium modeling. It empowers insurers to compute adjusted and accurate rates in line with their commercial strategy while materially impacting their business and maintaining absolute control of the models created, as required by regulators worldwide. With Akur8, time spent modeling is reduced by 10x, the models’ predictive power is increased by 10% and loss ratio improvement potential is boosted by 2-4%. Akur8 already serves 50+ customers across 20+ countries, including AXA, Generali and Munich Re; specialty insurers Canopius and Tokio Marine Kiln; insurtechs Wakam and wefox; and mutual insurer Matmut. 700 actuaries use Akur8 daily to build their pricing models across all lines of business.


About Europ Assistance


Founded in 1963, Europ Assistance, the inventor of the assistance concept, supports its customers in over 200 countries and territories through a network of 750,000 approved partners and 43 assistance centers. Our mission is to provide people and companies with solutions adapted to any emergency or everyday situation - anywhere, anytime. Europ Assistance provides roadside assistance, emergency assistance and travel insurance services, as well as personal assistance services such as support for seniors, digital identity protection, telemedicine and concierge services. The commitment of its 10,000 employees is to be the most reliable assistance company in the world. Europ Assistance is part of the Generali Group, one of the world's leading insurance companies.



Permalink

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Contacts

Media


Anne-Laure Klein

+33 6 63 79 44 74

anne-laure.klein@akur8.com

Affinity Appoints Two Key Executives from Robinhood and Showpad

 SAN FRANCISCO - Thursday, 30. June 2022




Dustin Deno, Chief Revenue Officer, and Rich Bessel, Vice President of Design, bring deep experience accelerating revenue and driving product experience


(BUSINESS WIRE) -- Affinity, the relationship intelligence platform for dealmakers, today announced the appointments of two key executives: Dustin Deno as Chief Revenue Officer (CRO) and Rich Bessel as Vice President of Design.


“Over the past few years, we’ve seen exponential growth across relationship-driven industries,” said Ray Zhou, co-CEO and co-founder at Affinity. “As we enter our next stage of growth we are excited to welcome Dustin and Rich to our executive team. Their strong track records of driving revenue growth and designing world-class products at leading technology companies will be critical as we scale to meet growing market demand.”


Deno brings over 15 years of experience in SaaS, including building and scaling sales teams at Salesforce and Showpad. While at Showpad, Deno helped to grow global sales teams after the company secured their Series D funding and successfully navigated the team through the pandemic. Deno will lead Affinity’s world-class velocity sales organization and prepare for the company’s next stage of maturity. Additionally, he will continue to execute strategy across the venture capital, investment banking, and private equity sectors while investigating new market opportunities.


“I joined Affinity because the team and the product are second to none,” said Deno. “As a sales professional, I know the value of the accurate and actionable relationship intelligence that Affinity delivers, and our market opportunity is vast.”


In his role as VP of Design, Bessel will drive the company’s future product design from end-to-end, ensuring a cohesive, engaging experience across Affinity’s brand and product. His experience includes key roles at Robinhood, where in his first year he led a team to create an award-winning corporate rebrand, helping the company to reach 11.7 million monthly active users by December 2020. While at Intuit, Bessel helped create meaningful product experiences for the emerging “gig economy,” bringing the best together of two marquee products in TurboTax and Quickbooks.


“Affinity is a company with smart people doing impactful work on an amazing, high-value product,” commented Bessel. “Not only was I attracted by the technology and the management team, but I was also taken with Affinity’s company culture, which emphasizes balance and wellness, making it a place where people can thrive.”


As relationship-driven industries grow, Affinity is continuing to invest in the people and product it offers to the dealmaking markets. Affinity’s data and systems support customers’ CRM needs and collect relationship intelligence, saving precious time with automation while providing a digestible landscape of data. Across the Affinity platform, over 500,000 new introductions are made and 450,000 deals tracked per month. By capturing relationship exhaust—over 18 trillion emails and 213 million calendar invites to date—Affinity automates contact records and tracks activity saving over 260 hours every year in data entry work. As a result, customers can focus on making the connections to find and close their next deal faster.


About Affinity


Affinity is a relationship intelligence platform that empowers dealmakers in relationship-driven industries to find, manage and close more deals. With the most automated relationship intelligence insights and technology, Affinity enables leaders to drive deals, free themselves from data drudgery and ensure their teams can take action with confidence, knowing the context and history of every relationship. The Affinity platform, including Affinity CRM, is used by over 2,000 relationship-driven organizations around the world. Founded in 2014, Affinity is headquartered in San Francisco and backed by leading investors including Menlo Ventures, Advance Venture Partners, 8VC and MassMutual Ventures.



Permalink

https://www.aetoswire.com/en/news/affinity-appoints-two-key-executives-from-robinhood-and-showpad




Contacts

Caroline Kamerschen

caroline@bospar.com


Acronis Signs Mindware as Cloud Distributor for GCC, Levant and Pakistan to Advance Cyber Protection for Regional Enterprises

 UNITED ARAB EMIRATES, Dubai - Thursday, 30. June 2022 AETOSWire


Acronis announced today its partnership with Mindware, one of the leading Value Added Distributors (VADs) in the Middle East and Africa, as they have signed an agreement together. Mindware will offer the Acronis’ innovative cloud solutions ranging from cyber security to data protection, to enterprises in Lebanon, Jordan, Iraq, Palestine, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, UAE, and Pakistan. The partnership will further Mindware’s ambitions as a ‘Cloud Distributor’ with Acronis’ strong value proposition in the Cloud protection space. 


Acronis offers antivirus, backup, disaster recovery, endpoint protection management solutions, and award-winning AI-based anti-malware and blockchain based data authentication technologies through service provider and IT professional deployment models. These solutions protect data, applications, and systems in any environment.


Acronis Cyber Protect, the company’s flagship product, is the first cyber protection solution that integrates backup, disaster recovery, next-generation anti-malware, antivirus, vulnerability assessment, patch management and remote management tools into a single console. It addresses all Five Vectors of Cyber Protection — ensuring the Safety, Accessibility, Privacy, Authenticity, and Security of data (SAPAS) in the data centre, cloud, and edge devices. The solutions have open APIs for developers to operate full integration of the platform to the other tools they might be using.


Speaking about the partnership, Silmi Khanfir, Director of Cloud & XaaS comments, “We have a clear, strategic objective of being the regional Cloud distributor of choice, by offering our partners aggregated Cloud solutions from various leading vendors and helping them and their customers in their cloud transformation journey. ‘Acronis Cyber Protect Cloud’ business model perfectly complements our portfolio with a one-stop data protection and cybersecurity solution platform.”


“Through years of experience and constant close collaboration with our valued partners and customers, we have expertly crafted a comprehensive and ever-expanding portfolio of best-of-breed solutions. Acronis further strengthens our capabilities with the company’s award-winning technologies. Combined with our world-class services and support, this gives regional businesses of all sizes and market verticals a decisive digital advantage.”


As businesses are still adjusting to the remote-work environment demanded by the Covid-19 pandemic, they are counting on service providers to help them adapt. Acronis understands the challenges service providers are facing to provide a secure collaboration environment for remote workers outside of corporate networks, and offers ‘Acronis Cyber Protect Cloud’ - a solution that can be implemented during the outbreak at no cost. Service providers can meet the needs of their customers without taking on additional financial burdens or increasing their operational costs. Additionally, Acronis offers training videos and documentation support to help service providers train their customers and their end users and get them onboarded.


“Cyber protection is vital. Acronis is the only vendor offering a one stop solution that helps all audiences, from the SME to the enterprise and also the individual, with this critical need. By adding Mindware as our newest cloud distributor, we aim to continue offering the right solutions everywhere in the Middle East region, increasing our global-local approach and market share” concluded Mr. Ziad Nasr, General Manager Middle East.


About Acronis


Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions powered by AI. With advanced anti-malware powered by cutting-edge machine intelligence and blockchain based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on premises – at a low and predictable cost.


Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 2,000 employees and offices in 34 locations worldwide. Its solutions are trusted by more than 5.5 million home users and 500,000 companies, and top-tier professional sports teams. Acronis products are available through over 50,000 partners and service providers in over 150 countries and 26 languages.


About Mindware


As one of the leading distributors of the finest IT products in the Middle East and Africa, Mindware's extensive portfolio includes top-class global brands reaching out to over 4,000 partners. Mindware’s comprehensive offering includes a selection of infrastructure, networking, security, and storage leading brands. As part of its VAD methodology, Mindware also offers supplementary value-added services to its reselling partners including pre-sales consultancy, implementation services, local technical support, marketing enablement tools, and multiple channel-enabling programs. Headquartered in Dubai UAE since 1991, Mindware has been uncompromisingly serving its customers for more than three decades.


www.mindware.net | www.mindwarecloud.com



Permalink

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Contacts

Melwyn Abraham


melwyn@matrixdubai.com


Long-Beleaguered Hotel Property in Paradise Valley, Arizona Gains New Owner

  PARADISE VALLEY, Ariz. - Thursday, 30. June 2022

Scottsdale-based Walton Global acquires the historic Smoke Tree Resort Property

(BUSINESS WIRE) -- Walton Global, a real estate investment and land asset management company with US$3.6 billion under management, is pleased to announce its acquisition of the Smoke Tree Resort property located west of Scottsdale Road on Lincoln Drive in the Town of Paradise Valley, Arizona.

The deal closed on June 29, 2022, with ST Holdings, a subsidiary of Scottsdale-based Walton Global Holding, LLC. Walton acquired the 5-acre property for $14 million with plans to build a new boutique hotel that will serve locals and support Arizona tourism.

Walton intends to incorporate an elegance in the new design that Paradise Valley is known for and avoid controversial elements that have challenged Smoke Tree and other hotel redevelopments in the past such as roof top bars, condominiums, for-sale units, height, density and other concerns that have hampered revitalization efforts in the past.

The distinctive and strategically positioned property was subject to bankruptcy and now has fresh opportunities and a renewed sense of optimism.

“As a Paradise Valley resident for 15 years, I have driven past the Smoke Tree Resort often wondering why it sat dormant for so many years. When Walton was introduced to the opportunity to acquire the resort and learned about its financial challenges, we acted quickly, conducted our diligence and secured the property. I’m excited about our goal to revive this historic landmark into a place that Paradise Valley residents and Phoenix as a whole can point to again as a prime destination to experience that also meets the high standards of the community’s ethic,” said Walton Global executive vice president of Business Development, Matt Keister.

The Smoke Tree Resort was originally built in 1954. The resort’s Lincoln Drive facing restaurant – The Other Place – was also a Paradise Valley landmark but attempts to reopen under new management ultimately failed and the restaurant has been shuttered for over a decade.

Walton is already surrounding itself with “best in class” professionals including Allen & Philp, an architectural firm based in Scottsdale with an exceptional hotel portfolio that includes The Sanctuary, The Boulders, Fairmont Princess, and several other award-winning hotel properties.

“I believe Walton’s vision will be consistent with Paradise Valley’s wishes and sensitivities and our capital is patient. It is extremely important to us to listen to the Town of Paradise Valley Council and the community before we finalize our designs. We are looking forward to achieving a consensus that will result in an extraordinary gathering place for the residents of Paradise Valley that will also produce economic benefits for the Town and Arizona,” said Walton Global CEO Bill Doherty.

Walton intends to reach out to Paradise Valley residents to solicit input before hotel design plans are finalized.

“Feedback we receive from surrounding residents will be integrated into the future vision of the new hotel. And to ensure that transparency and communication remains open throughout the project’s evolution, we will be creating platforms such as a website and social media sites to post routine updates. We want our Town to embrace the project and to be proud of what we feel is the gateway to Paradise Valley,” Keister said.

About Walton Global

Walton Global is a privately-owned, leading land asset management and global real estate investment company that concentrates on the research, acquisition, administration, planning, and development of land. With more than 43 years of experience, Walton has a proven track record of administering land investment projects within the fastest growing metropolitan areas in North America. The company manages and administers US$3.6 billion in assets on behalf of its global investors located in 73 countries, builders and developers and industry partners. Walton has more than 97,000 acres of land under ownership, management and administration in the United States and Canada with business lines ranging from exit-focused pre-development land investments, builder land financing and build-to-rent. For more information visit walton.com.

 



Contacts

Mike Scerbo
Rose+Allyn Public & Online Relations
Office: 480.423.1414
Mobile: 602.615.6523
mscerbo@roseallynpr.com

SES’s C-band Satellite Successfully Launched Onboard SpaceX Rocket

 First SES C-band satellite dedicated to freeing up lower 300 MHz of C-band spectrum will ensure SES can continue providing video and data services to its customers while enabling wireless operators to quickly deploy 5G services across the US


(BUSINESS WIRE) -- SES announced today that the SES-22 satellite was successfully launched into space onboard a SpaceX Falcon 9 rocket from SpaceX’s Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida, United States, at 5:04 pm local time.


The first of SES’s C-band satellites dedicated to freeing up the lower 300 MHz of C-band spectrum is built by Thales Alenia Space, and will operate in the 135 degrees West orbital slot. It will deliver TV and radio to millions of American homes and provide other critical data transmission services. SES-22 is expected to start operations by early August 2022.


The launch of SES-22 is part of a broader Federal Communications Commission (FCC) program to clear a portion of C-band spectrum to enable wireless operators to deploy 5G services across the contiguous US (CONUS). In response to a mandate from the FCC, satellite operators such as SES are required to transition their existing services from the lower 300 MHz to the upper 200 MHz of C-band spectrum to make room for 5G.


To meet the FCC’s accelerated deadline of clearing C-band spectrum across the US by December 2023 while maintaining uninterrupted services, SES will launch five satellites – SES-18, SES-19, SES-20, SES-21 and SES-22 in 2022.


“We are thrilled with the successful launch of SES-22, thanks to our partners at Thales Alenia Space and SpaceX,” said Steve Collar, CEO of SES. “The launch of SES-22, together with other upcoming C-band satellite launches scheduled this year, will enable us to continue providing the high-quality services that our customers have been accustomed to over the last several decades, while freeing up spectrum that will enable the US to rapidly unlock the promise of 5G.”


“The successful launch of SES 22 is the result of our long-standing and fruitful collaboration with SES,” said Hervé Derrey, President and CEO of Thales Alenia Space. “This achievement reflects the robustness and flight-proven heritage of our Spacebus 4000 B2 platform combined with our ability to timely and quickly deliver SES-22, two key elements leading to the decision of SES working with us to replace its existing C-Band fleet.”


The SES-22 spacecraft had a fast on-ground delivery time as satellite manufacturer Thales Alenia Space shipped it only 22 months after it was ordered. SES-22 is the seventh SES satellite launched by SpaceX over the last 10 years.


More information of SES-22 and other C-band satellites available here.


Follow SES on:

Twitter | Facebook | YouTube | LinkedIn | Instagram

Read our Blogs >

Visit the Media Gallery >


About SES


SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless connectivity around the world. As the leader in global content connectivity solutions, SES operates the world’s only multi-orbit constellation of satellites with the unique combination of global coverage and high performance, including the commercially-proven, low-latency Medium Earth Orbit O3b system. By leveraging a vast and intelligent, cloud-enabled network, SES is able to deliver high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to the world’s leading telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners. SES’s video network carries ~8,200 channels and has an unparalleled reach of 366 million households, delivering managed media services for both linear and non-linear content. The company is listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com.


Follow Thales Alenia Space on:

LinkedIn | Twitter | Facebook | YouTube | Instagram


About Thales Alenia Space


Drawing on over 40 years of experience and a unique combination of skills, expertise and cultures, Thales Alenia Space delivers cost-effective solutions for telecommunications, navigation, Earth observation, environmental management, exploration, science and orbital infrastructures. Governments and private industry alike count on Thales Alenia Space to design satellite-based systems that provide anytime, anywhere connections and positioning, monitor our planet, enhance management of its resources, and explore our Solar System and beyond. Thales Alenia Space sees space as a new horizon, helping to build a better, more sustainable life on Earth. A joint venture between Thales (67%) and Leonardo (33%), Thales Alenia Space also teams up with Telespazio to form the parent companies’ Space Alliance, which offers a complete range of services. Thales Alenia Space posted consolidated revenues of approximately 2.15 billion euros in 2021 and has around 8,900 employees in 10 countries with 17 sites in Europe and a plant in the US.


www.thalesaleniaspace.com


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005978/en/



Permalink

https://www.aetoswire.com/en/news/ses’s-c-band-satellite-successfully-launched-onboard-spacex-rocket

Contacts

Suzanne Ong

External Communications

+352 710 725 500

suzanne.ong@ses.com

Sandrine Bielecki

Thales Alenia Space Press

+33 (0)4 92 92 70 94

sandrine.bielecki@thalesaleniaspace.com


Catherine des Arcis

Thales Alenia Space Press

+33 (0)4 92 92 72 82

catherine.des-arcis@thalesaleniaspace.com

BEAT MY TEAM, the Fantasy Football Metaverse Game to include UAE and Saudi pro football leagues in its game in 2022

 Dubai, United Arab Emirates - Thursday, 30. June 2022 AETOSWire

The world’s pre-eminent fantasy football card collecting metaverse game BMT to expand in the region

Leegree Ltd., a company that develops exciting social games -BEAT MY TEAM (BMT) that challenge the norm  is bringing the unique fantasy sports game to football fans and gamers in the region, starting with the United Arab Emirates and Saudi Arabia.

The company's representative announced this at the "Web3 DeCode" event, a two-day exhibition held on June 25 and 26 at the Grand Hyatt, Dubai, to raise awareness of Web3 technologies.

For most experts, the Metaverse promises opportunities. Whatever happens, the Metaverse will probably shape the future of many industries – including gaming. For sports organizations, the Metaverse will become very real over the coming months and years, revolutionizing how fans watch, consume, play, and interact.

The Metaverse is a network that enables different digital realities for work, entertainment, and socialization. The Metaverse's technologies include virtual and augmented reality; they integrate parts of the digital and physical universes.

BMT is a disruptive free-to-play, card-collecting football Metaverse game. It's the point where real-world football action and casual gaming meet!

Leegree plans to add the United Arab Emirates and Saudi Pro Football Leagues to its existing game, along with the English Premier League, Spanish La Liga, Bundesliga, and other popular football leagues. It implies that football fans and gamers from the region will be able to collect, upgrade and utilize player cards from the top scorers in these two football competitions.

"Our fundamental goal for BEAT MY TEAM is to return value to football fans around the globe. Beyond our current play-to-earn game model, which awards limited edition NFTs that depict football's most legendary moments, our vision involves introducing our crypto-token, the "beat coin," and the most competitive, blockchain-based, metaverse-ready, football card battle game ever envisioned," said Michalis Mavromichalis the Founder & CEO of Leegree.

BEAT MY TEAM raises the bar for fantasy football

BMT challenges how football fans around the world enjoy football with their friends and take fantasy sports to the next level by solving all problems in traditional fantasy sports games. It reinvents and re-engineers the conventional fantasy football game by simplifying rules and injecting it with successful social gaming characteristics. BMT has currently amassed over 250, 000 registered users across all iterations of the game and tens of thousands across social channels.

BMT won the "best in gaming award" at the "Web3 DeCode" event. Actively participated and upped the excitement and engagement by introducing "Spin the Wheel," a game that gave attendees a chance to win BMT NFTs, Emirates Draw tickets, and an iPhone by Joe Osawaye of KIZA restaurant, Dubai.

With the introduction of its play-to-earn model with NFTs, part of football's history, BMT takes its first step towards being the global fantasy football leader in the Metaverse.

For more information about the game, visit https://www.beatmyteam.com/.

About Leegree Ltd

Leegree is a game development company that creates exciting social games. Leegree Ltd is the parent company of BEAT MY TEAM- BMT, a fantasy football card collecting game played with randomly generated football player cards participating in the top football competitions globally. Leegree aims to create a rewarding gaming experience, transferring pure joy, fun & excitement to players.

Permalink
https://www.aetoswire.com/en/news/beat-my-team,-the--fantasy-football-metaverse-game-to-include-uae-and-saudi-pro-football-leagues-in-its-game-in-2022

Contacts

Melwyn Abraham

melwyn@matrixdubai.com

Global Experts and Practitioners Unite to Improve Ocean Health by Tackling Systemic Challenges in Marine Management

LISBON, Portugal - Thursday, 30. June 2022


Global experts from the United Nations Environment Programme, The Nature Conservancy, governments, research agencies, and the private sector are coming together to share best practices in improving marine management based on lessons learned around the world.


(BUSINESS WIRE) -- Marine protected areas (MPAs) are key tools for reducing threats to biodiversity, safeguarding marine and coastal habitats, building climate solutions, and supporting human needs through sustainable use. The Convention on Biological Diversity’s Global Biodiversity Framework may include an ambitious target of expanding MPA coverage to 30% by 2030. However, less than 3% of marine protected areas are meeting their objectives in the face of accelerating local and global threats.


To tackle this challenge, a team of experts is convening at the United Nations Oceans Conference in June 2022 in Lisbon, Portugal in a side event entitled, “Quality Matters: Enhancing Governance, Effective Management and Resilience of Marine Protected Areas for Multiple Co-benefits.” The event includes speakers from the private sector, local marine science agencies, representatives from non-profit organizations, governments, and intergovernmental organizations. Speakers will share how they are spearheading technological innovation and best practices in marine management and will spotlight valuable tools, increase collaboration, knowledge sharing, and uptake of lessons learned. Dr. Lizzie McLeod, Global Reefs Lead for The Nature Conservancy notes, “Strong partnerships including the private sector, governments, NGOs, researchers, and local communities are essential to improving ocean health. Harnessing lessons learned and best practices globally to improve ocean management is a conservation priority including the co-creation of solutions with key partners.”


Building on this event, the United Nations Environment Programme, The Nature Conservancy, and other conservation partners, with support from Mary Kay Inc., are developing a suite of decision support tools for marine managers that improve marine management, support the sustainable financing of marine protected areas, and guide marine habitat restoration building on best practices around the world. By leveraging scientific innovation and new technologies and global best practices, marine managers are better able to tackle major threats facing marine ecosystems around the world. “MPAs are key to ocean health and sustainable development. But they are not always effective without a range of support. Decision support tools that enable improved MPA design and management, knowledge sharing, and collaboration are needed to give marine stakeholders the support they need to better protect the oceans,” said Ole Vestergard, Programme Officer, United Nations Environment Programme.


"Mary Kay is delighted to support TNC, in collaboration with UNEP and other experts from around the world, in an effort to protect our world's most precious assets: oceans," said Deborah Gibbins, Mary Kay’s Chief Operating Officer. "These organizations are on the frontlines of the fight to preserve our waterways, and we're hopeful that with Mary Kay's support, they'll have the tools and resources needed to ensure our oceans are healthy for generations to come.


As governments refine their conservation targets, it is timely to highlight new innovations and technologies that help countries meet global biodiversity and sustainable development goals. New decision tools and foundational science are needed to enhance the capacity of marine planners and managers to better manage marine habitats in the face of climate change and other threats.


About The Nature Conservancy


The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters, and oceans at an unprecedented scale, providing food and water sustainably, and helping make cities more sustainable. Working in 79 countries and territories, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org or follow @nature_press on Twitter.


About the United Nations Environment Programme (UNEP)


UNEP is the leading global voice on the environment. It provides leadership and encourages partnership in caring for the environment by inspiring, informing, and enabling nations and peoples to improve their quality of life without compromising that of future generations.


About Mary Kay


One of the original glass ceiling breakers, Mary Kay Ash founded her dream beauty company in 1963 with one goal: enriching women’s lives. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. As an entrepreneurship development company, Mary Kay is committed to empowering women on their journey through education, mentorship, advocacy, networking, and innovation. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skincare, color cosmetics, nutritional supplements, and fragrances. Mary Kay believes in enriching lives today for a sustainable tomorrow, partnering with organizations from around the world focusing on promoting business excellence, supporting cancer research, advancing gender equality, protecting survivors of domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Learn more at marykayglobal.com, find us on Facebook, Instagram, and LinkedIn, or follow us on Twitter.


View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005443/en/



Permalink

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Contacts

Mary Kay Inc. Corporate Communications

marykay.com/newsroom

972.687.5332 or media@mkcorp.com


Misty Edgecomb

Communications Director, Protect Oceans, Land and Water

The Nature Conservancy

Las Vegas, Nevada (Pacific time zone)

medgecomb@tnc.org, 484-343-3223 cell

pronouns: she/her, Twitter: @mistyedgecomb

Medidata Announces Rapid Expansion of its Sensor Cloud Network with the Addition of 10 Health Technology Innovators

 Sensor Cloud Network Collaborators Will Bring High-Quality Data and Data Science Together to Help Speed Faster Discovery and Better Treatments to Patients


(BUSINESS WIRE) -- Medidata, a Dassault Systèmes company, announced 10 highly innovative organizations have joined its groundbreaking Sensor Cloud Network. AliveCor, Aural Analytics, Biobeat, Blue Spark Technologies, Glooko, Indie Health, University of Arizona, Carnegie Mellon University, University of Rochester, and University of Vermont are now part of the first cross-sector collaboration focused on solving the challenges related to sensor integrations, standardization of sensor data, and the development of novel digital biomarkers and algorithms. These will help to create new digital endpoints that could translate into more effective treatments and better healthcare for patients.


This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220629005239/en/


The Sensor Cloud Network, which includes contract research organizations (CROs), device manufacturers, drug and vaccine developers, analytics companies, and academic institutions, creates opportunities for data scientists to refine, test, and deliver physiological algorithms with clinical meaning at scale. Examples include refined motion parameters like gait, cardiovascular metrics, metabolic insights, and clinical-grade speech analytics.


“As the use of sensors in clinical trials is predicted to reach 50% by 20251, we are focused on making Medidata Sensor Cloud the industry standard for collecting and analyzing medical-grade sensor data,” said Ben Schlatka, vice president, Digital Biomarker Solutions at Medidata. “We are excited to work with a diverse group of partners to help shape the future of patient data collection and analysis, and make Sensor Cloud the platform of choice for developing new digital biomarkers across a wide variety of therapeutic areas.”


Comments from the newest Sensor Cloud Network partners:


“AliveCor is pleased to join the Medidata Sensor Cloud Network to help facilitate and expand access to clinical trials for a range of serious conditions. Medidata and AliveCor are democratizing clinical research by providing a reliable way to remotely capture and share important heart health data,” said Aman Bhatti, M.D., senior vice president, Global Biopharma, AliveCor, a leading innovator in FDA-cleared personal electrocardiogram (ECG) technology.


"Aural Analytics is thrilled to partner with an industry leader like Medidata. The inclusion of our technology in Medidata’s innovative platform will greatly enhance its capacity for speech collection and analysis," said Judy Smythe, CEO of Aural Analytics, the industry’s leading neuroscience company harnessing the clinical utility of speech across age ranges and around the world.


“We eagerly look forward to collaborating with Medidata and its partners, as we jointly support and advance the decentralized clinical trial (DCT) process with AI-powered remote patient monitoring technology to better aggregate patient data,” said Arik Ben Ishay, CEO of Biobeat, a medtech company with unique health-AI capabilities in the patient monitoring space.


“Blue Spark is excited to become one of the first members of Medidata Sensor Cloud Network. The integration of our TempTraq wearable, wireless continuous temperature monitoring platform gives researchers access to real-time continuous human body temperature data, fed right into the Sensor Cloud Network. TempTraq has been clinically shown to detect fevers up to 18 hours earlier than the standard of care,” said John Gannon, president and CEO of Blue Spark Technologies, Inc., an innovator in wearable, medical device solutions.


“We are very pleased to partner with Medidata’s Sensor Cloud team in making it easier for Life Science organizations to execute global clinical trials, using Glooko’s Connected Research platform. This will benefit researchers in collecting digital endpoints while providing patients with a better trial experience, which will ultimately result in more efficient development of new and novel therapeutics for all disease states,” said Komathi Stem, Chief Operating Officer of Glooko, a digital health company that uses AI/ML algorithms to deliver precision engagement, transform care, and accelerate clinical research.


"We are thrilled to announce this unique partnership with the Medidata Sensor Cloud Network as both of our companies believe that moving clinical research to the home with decentralized data collection will improve the quality of the industry, translating to overall improvements in treatments," said Clint McClellan, CEO, Indie Health, which makes decentralized clinical trials and remote patient monitoring easy, affordable, scalable, and reliable.


“We are leveraging the tools and technology available in the Medidata Sensor Cloud Network to advance and accelerate our work in the development of fall risk detection algorithms in the Multiple Sclerosis population, a disease that affects 2.3M patients worldwide, 50% of whom will experience a fall that negatively impacts their quality of life,” said Dr. Ryan McGinnis, Head of the MSense group at the University of Vermont. “The Sensor Cloud Network is allowing us to explore the combination of patient reported outcomes and medical-grade wearables data in remote settings at scale to better understand this problem and to develop a digital intervention.”


To learn more about the Sensor Cloud Network, please visit here.


Medidata is a wholly-owned subsidiary of Dassault Systèmes, which with its 3DEXPERIENCE platform is positioned to lead the digital transformation of life sciences in the age of personalized medicine with the first end-to-end scientific and business platform, from research to commercialization.


Y. Jansen and G. Thornton, “Wearables & Big Data In Clinical Trials — Where Do We Stand?,” Clinical Leader, February 2020. https://www.clinicalleader.com/doc/wearables-big-data-in-clinical-trials-where-do-we-stand-0001.

About Medidata


Medidata is leading the digital transformation of life sciences, creating hope for millions of patients. Medidata helps generate the evidence and insights to help pharmaceutical, biotech, medical device and diagnostics companies, and academic researchers accelerate value, minimize risk, and optimize outcomes. More than one million registered users across 2,000+ customers and partners access the world's most trusted platform for clinical development, commercial, and real-world data. Medidata, a Dassault Systèmes company (Euronext Paris: FR0014003TT8, DSY.PA), is headquartered in New York City and has offices around the world to meet the needs of its customers. Discover more at www.medidata.com and follow us @Medidata.


About Dassault Systèmes


Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative 3D virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production to achieve a more sustainable world for patients, citizens, and consumers. Dassault Systèmes brings value to more than 300,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.


3DEXPERIENCE, the Compass icon, the 3DS logo, CATIA, BIOVIA, GEOVIA, SOLIDWORKS, 3DVIA, ENOVIA, NETVIBES, MEDIDATA, CENTRIC PLM, 3DEXCITE, SIMULIA, DELMIA, and IFWE are commercial trademarks or registered trademarks of Dassault Systèmes, a French “société européenne” (Versailles Commercial Register # B 322 306 440), or its subsidiaries in the United States and/or other countries.


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Contacts

Tom Paolella

Senior Director, Corporate Communications & Affairs

+1-848-203-7596

thomas.paolella@3ds.com


Paul Oestreicher

External Communications Director

+1-917-522-4692

paul.oestreicher@3ds.com

EIG Launches Chilean Renewables Platform, Grupo Cerro

 Newly formed entity includes the recently completed acquisition of ANPAC portfolio of 11 run-of-river hydroelectric plants as well as the existing Cerro Dominador plants


Platform is well positioned to support the energy transition in Chile with innovative projects providing renewable energy 24/7


(BUSINESS WIRE) -- EIG, an institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today launched Grupo Cerro, a new renewable energy platform in Chile. The newly formed entity includes EIG-owned Cerro Dominador plants and the recently acquired ANPAC, the owner of a portfolio of 11 small and medium run-of-river hydroelectric power plants in the O’Higgins, El Maule, Bio Bio and La Araucania regions. The 110 MW ANPAC portfolio includes operating plants and projects at various stages of construction and development in both the spot and stabilized-tariff markets.


Following the acquisition, Grupo Cerro now manages over 280 MW of installed capacity in Chile, including the Cerro Dominador Photovoltaic (PV) and Concentrated Solar Power (CSP) plants. The group’s portfolio also includes several projects in advanced phases of construction and development, including the Likana Solar complex, one of the largest CSP projects in the world with a capacity of 690 MW, Pampa Union, a 600 MW PV power plant, as well as more than 40 MW of run-of-river hydroelectric power plants.


R. Blair Thomas, EIG’s Chairman and CEO, said, “The transaction is expected to provide portfolio synergies, create operating efficiencies and enhance technological and geographic diversification for Grupo Cerro. After the completion and synchronization of the ground-breaking Cerro Dominador solar power plant in 2021, the first CSP project in Latin America, this transaction marks another significant milestone in our strategy to invest in high-quality assets, best-in-class teams and energy infrastructure supporting the energy transition in Chile.”


Fernando Gonzalez, CEO of Grupo Cerro, said, “This transaction advances our commitment to Chile’s growth. These plants, combined with our Likana Solar and Pampa Union projects now under development, will help diversify our renewable energy portfolio geographically to be able to further secure low-cost renewable energy production for the Chilean market and continue supplying clean power throughout the country 24 hours a day.”


About EIG


EIG is a leading institutional investor to the global energy sector with $25.0 billion under management as of March 31, 2022. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 40-year history, EIG has committed over $40.0 billion to the energy sector through more than 380 projects or companies in 38 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com.


About Grupo Cerro


Grupo Cerro is a newly formed renewable energy company which aims to build a sustainable future by providing the Chilean system and customers clean, manageable power 24 hours a day. The company manages a portfolio of more than 280 MW of operating projects throughout Chile and a 1.3 GW development pipeline.


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Contacts

Media Contacts:


EIG

FGS Global

Kelly Kimberly / Brandon Messina

+1 212-687-8080

EIG-SVC@sardverb.com


Cerro Dominador

María José López

mjlopez@cerrodominador.com

HR & Corporate Affairs Director

Alliance of Tech Founders Line up to Invest in the Next Generation of Global Innovators With $158m Series C Funding Round for Entrepreneur First

 Founded by Matt Clifford and Alice Bentinck a decade ago, Entrepreneur First now employs more than 120 around the world to help find and support the next generation of tech founders.

The company has raised its largest funding round to date, of $158m, from a large group of successful founders turned investors including Patrick and John Collison, Reid Hoffman, Taavet Hinrikus and Matt Mullenweg.

EF will target a direct investment of $100m over the next three years in hundreds of entrepreneurs, and will continue building out its talent product suite. This comes against an impressive backdrop: the aggregate value of companies created through EF now exceeds $10bn.

(BUSINESS WIRE) -- Entrepreneur First (EF), a scaleup investor in early stage founder talent, has raised a $158m Series C funding round from a group of veteran technology founders, including Patrick and John Collison, Reid Hoffman, Taavet Hinrikus and Matt Mullenweg.


Bucking the trend of mounting layoffs and diminishing venture capital volumes across the startup world, owing to fears of a looming recession, the host of successful entrepreneurs and founders are backing EF to unlock opportunities for a diverse set of new global founders.


EF’s impressive global roster of backers includes , John and Patrick Collison (co-founders of Stripe), Taavet Hinrikus (co-founder of Wise), Reid Hoffman (co-founder of LinkedIn), Matt Mullenweg (co-founder of Wordpress), Tom Blomfield (co-founder of Monzo and GoCardless), Nat Friedman (former CEO of Github), Sara Clemens (former COO of Twitch and Pandora), Matt Robinson (co-founder of Nested and GoCardless), Patrick O’Shaughnessy (Positive Sum), Demis Hassabis and Mustafa Suleyman (co-founders of Deepmind), Claire Hughes Johnson, Sten Tamkivi, Elad Gil and Lachy Groom.


Founded in 2011 by Matt Clifford and Alice Bentinck in London, EF now employs 120 around the world. It operates as an early-stage investor, helping talented people find co-founders to partner with ahead of launching startups.


“Talent is everywhere, but opportunity is not. The idea of taking strangers and helping them start robust and ambitious companies is no longer radical but essential to power the next stage of innovation,” said Matt Clifford, CEO and co-founder of Entrepreneur First.


“The whole EF thesis is finding individuals who otherwise might not start companies and then trying to accelerate their journey to success,” he said.


“EF is completely unique in the early-stage funding landscape. Our whole effort focuses on talent rather than typical venture capital deal flow. We don't try and win deals, we don't pick deals, we find great people. That brings big strengths. The ability to partner before there even is a company is both a relationship and an economic strength,” he added.


Reid Hoffman, co-founder of LinkedIn and Entrepreneur First board member said: “We are entering a new era for venture funding, with a new generation of global founders needing support to build iconic companies from scratch. I’m excited to be part of this world-class syndicate. We’re all passionate about the power of entrepreneurship to change people’s lives and to change the world. Entrepreneur First represents a new way for talented people to access that opportunity and a new way to build startup ecosystems outside Silicon Valley.”


Alice Bentinck, co-founder of Entrepreneur First, said: “As the value of EF’s portfolio companies passes $10bn, we feel we’re just getting started. We want EF to have a product to enable every ambitious individual to find their co-founder. EF is already one of the world’s great talent communities and with this new funding and these new investors, we’re looking forward to partnering with thousands of more exceptional founders in the coming years”


The cash -- raised as a funding round, rather than a ‘fund’ -- will be used to make investments into new startups as well as allow EF a capacity to experiment, and innovate on how best to fund the next generation of entrepreneurs by launching new products aimed at up-ending the typical venture capital model.


EF is also announcing today that the aggregate value of companies created through its platform now exceeds $10bn. Notable alumni include Tractable (the computer vision unicorn focused on the insurance industry, funded by Insight and Georgian Partners); Omnipresent (the employment platform for remote work, funded by Tencent and Kinnevik); Aztec Protocol (the private transaction protocol, funded by Paradigm); Cleo (the financial management app, funded by Balderton and EQT Ventures); and Permutive (the privacy-compliant advertising infrastructure platform, funded by Softbank).


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Contacts

Ben Goldsmith

ben@goldsmithcomms.com

+44(0)7788295321

Velodyne Lidar CMO Sally Frykman Wins Woman of the Year Award at Sensors Converge Conference

 SAN JOSE, Calif. - Thursday, 30. June 2022


(BUSINESS WIRE) -- Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Chief Marketing Officer (CMO) Sally Frykman won the 2022 Woman of the Year award from Sensors Converge and Fierce Electronics. The Best of Sensors Awards recognize the best and most innovative products, technologies, teams and people in the sensors industry.


The Sensors Converge conference, which is taking place now in San Jose, covers sensors and electronics technologies and applications that are driving industry innovation. The conference’s awards, selected by a panel of industry experts, were presented yesterday at an event honoring the best in sensor technologies and the sensor ecosystem, people and companies.


“Sally is very deserving of this Woman of the Year award,” said Dr. Ted Tewksbury, CEO, Velodyne Lidar. “She is an outstanding leader in our company and industry, developing and driving world-class marketing and communications programs. Sally is a leading proponent of creating expanded opportunities for women in executive and engineering roles to influence how autonomous solutions alter the fabric of global infrastructure and society.”


As Velodyne Lidar’s CMO, Frykman oversees the strategic development and execution of global marketing and communications programs that advance the company’s innovative vision and goals. Her multifaceted role encompasses a wide array of responsibilities, including promotion of the Velodyne brand, thought leadership development and robust sales lead generation fueled by highly engaging digital marketing.


Frykman created the Disruptive Women Powering Our Autonomous Future Summit. The event featured prominent female executives and engineers discussing the future of autonomous technology and the critical role of women in making it all possible. Frykman also created the Women at Velodyne blog series to provide the company’s female thought leaders a forum to share their experiences and wisdom.


“It is an incredible honor to be recognized by leading experts in the sensors industry with the Woman of the Year Award,” said Frykman. “I am very grateful to be considered among the women leaders who are helping to shape what the autonomous solutions world will look like so it reflects and serves our society as a whole.”


To learn more about the Disruptive Women Powering Our Autonomous Future Summit, check out the video playlist of its sessions. To read the Women at Velodyne blog series, go to the Velodyne Lidar blog.


About Velodyne Lidar


Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne, the global leader in lidar, is known for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including robotics, industrial, intelligent infrastructure, autonomous vehicles and advanced driver assistance systems (ADAS). Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all.


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Contacts

Velodyne Investor Relations

Andrew Chan

achan@velodyne.com


Media

Codeword

Liv Allen

velodyne@codewordagency.com

“Functional Art” by Braun and Virgil Abloh - Co-Created for the Brand’s 100 Years in 2021 - Features in the First Museum Exhibition Devoted to Abloh’s Work

 Braun sponsors Brooklyn Museum’s presentation of Virgil Abloh: “Figures of Speech”


(BUSINESS WIRE) -- Braun, the design-centric German appliances brand, announces its sponsorship of the Brooklyn Museum’s presentation of Virgil Abloh: “Figures of Speech” that opens to the public on July 1st, 2022, and closes January 29, 2023. The exhibition, originally organized by the Museum of Contemporary Art Chicago, spans two decades of the artist’s multifaced career, including collaborations with artists such Takashi Murakami, Juergen Teller, and Arthur Jafa; material from his fashion label Off-White and items from Louis Vuitton, where he served as the first Black menswear artistic director; and unique pieces from brand collaborations including Braun.


To celebrate 100 years of ‘good design’ in 2021, Braun entered a one-of-a-kind collaboration with Abloh that saw him delve into the Braun archives to update and co-curate the 1965 ‘Wandanlage’ hi fi audio wall unit with Braun’s design team into a “functional art” piece. It is the first time that the public will see the “functional art” during the exhibition at the Brooklyn Museum.


Ben Wilson, Director of Communications at Braun Design, said: “When designing and co-creating the reimagined Wandanlage hi fi audio wall unit with Virgil Abloh, our aim was to bring to life the ethos of ‘good design’ – design that is Simple, Useful and Built to last – to broader audiences beyond purist design lovers. We are delighted to be supporting sponsors of the Brooklyn Museum’s “Figures of Speech” exhibition, and to share the “functional art” piece with all for the first time.”


More information about the collaboration can be found at www.Braun.com, and tickets for Virgil Abloh: “Figures of Speech” are available here: https://my.brooklynmuseum.org/events/017eea48-4a99-d4a8-54e8-557e86eae162


About Braun


Braun, a subsidiary of Procter & Gamble, was founded in Germany in 1921, develops and manufactures a wide variety of small domestic appliances that marry technical innovation, reliable quality and distinctive design. These range from electric shavers and beauty products to household appliances, watches and speakers. Braun products enjoy worldwide distribution. Please visit www.braun.com for the latest news and in-depth information about the Braun brand.


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Contacts

Leandra Cardozo, PGOne – Leandra.cardozo@pgone.co.uk

Fraser McIntosh, PGOne – fraser.mcintosh@pgone.co.uk

Quorum Software Announces Next Generation Planning and Economics Partnership with Schlumberger

 Quorum’s Planning Space Integrated with the Schlumberger FDPlan Solution


(BUSINESS WIRE) -- Quorum Software (Quorum), a global software leader dedicated to the energy industry, announced today that it has entered into an agreement with Schlumberger to jointly integrate Quorum’s industry-leading Planning Space, a business planning and petroleum economics offering, with the FDPlan field development planning solution, which is enabled by the DELFI cognitive E&P environment. The integrated solution will be offered directly by Schlumberger with Planning Space as its petroleum economics engine.


As part of the agreement, Quorum will also acquire Merak planning, risk, and reserves software from Schlumberger.


“Quorum and Schlumberger have developed longstanding relationships with our customers and partners over decades of serving the energy industry,” said Gene Austin, Chief Executive Officer at Quorum. “Bringing together our market-leading planning and economics solutions gives customers around the world access to the industry’s most complete technology ecosystem, backed by our team of energy experts.”


“The partnership between Quorum and Schlumberger will enable our customers to seamlessly integrate cross domain data and workflows, to accelerate decision making across planning, operations, and the boardroom,” said Trygve Randen, Director Digital Subsurface Solutions at Schlumberger. “By integrating the DELFI environment and domain workflows with Quorum’s business planning solutions, we are enabling an industry first—a truly integrated experience that connects all functions in the organization.”


With the agreement effective immediately, Quorum and Schlumberger are already actively engaged with several major energy companies to enhance their performance and profitability through improved business planning across their organization.


About Quorum Software

Quorum Software is a leading energy industry software provider worldwide, serving more than 1,800 customers across the entire energy value chain in 55 countries. Quorum’s solutions power growth and profitability for energy businesses by connecting people, workflows, and systems with decision-ready data. Twenty years ago, we delivered the industry’s first software for gas plant accountants, and today our solutions streamline business operations with industry forward data standards and integrations. The global energy industry trusts Quorum’s experts and applications to successfully navigate the energy transition while delivering value today and into the future. For more information, visit quorumsoftware.com.


 


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Contacts

Media:

Lauren Force

lforce@pancomm.com

617 502 4366

PUMA Football Players and Athletes Nikita Parris, Ingrid Engen, Fridolina Rolfö and Sara Björk Gunnarsdottir Talk “She Moves Us” Ahead of Women’s Euro in England

 “It’s not impossible to be a professional footballer”


(BUSINESS WIRE) -- Football players and PUMA Athletes spoke frankly about the sacrifices and challenges of being a female professional football player in a “She Moves Us” video conversation for Sports company PUMA: “I’ve had to challenge male standards just by being a football player. I think most people in the world see it as a male sport, but for me it’s the same. We do the same. Everything around should be the same as well. So that’s what we’re fighting for and trying to show the world”, says Norwegian National Team Player Ingrid Engen.


English Football Star Nikita Parris was amazed by the changes that are happening with the respect for female professional athletes:” I had to challenge male standards not just on the pitch, but off the pitch, inside the training grounds. And there’s been a lot of diversity in the inequality throughout women’s football. But today, because of the pioneers that have come before us, we continue to fight the good fight.”


Being internationally successful in her profession, Swedish National Team Player Fridolina Rolfö also wanted to inspire other female athletes to believe in themselves: “I am moving for the next generation. To be a role model and be someone who can show the young girls and boys that it’s not impossible to be a professional footballer.”


Only four months after giving birth to her son, Icelandic National Team Player Sara Björk Gunnarsdottir returned to the pitch, not only to return to elite level sport, but also to inspire a generation of female athletes to not give up on their dreams. Her main advice is to take “whatever happens in your career and what you go through, as a lesson. Because that’s the only way you can grow. You can move forward. Be confident in your body. If you really want to do both, you can.”


“She Moves Us” wants to empower girls and young women through sharing stories and joint efforts to impact their rights globally. It is inspired by global popstar and PUMA Ambassador Dua Lipa who said: "Sharing stories of success is all part of changing the narrative, especially in fields like sports and entertainment that have tended to amplify the accomplishments of men. Women are already nailing it across the board and celebrating their achievements is exciting and empowering. It also encourages those rising up to aim for the stars.”


PUMA has an inclusive product offering to cater for women and girls in sport: underwear and activewear, modest sportswear, a maternity offering, and performance specific products exclusively engineered for women. PUMA supports all athletes to perform at the highest level and works with organizations and partners committed to remove barriers in sports.


For the Nikita Parris “She Moves Us” video interview, please click HERE.


For the Ingrid Engen “She Moves Us” video interview, please click HERE.


For the Fridolina Rolfö “She Moves Us” video interview, please click HERE.


For the Sara Björk Gunnarsdottir “She Moves Us” video interview, please click HERE.


PUMA


PUMA is one of the world’s leading sports brands, designing, developing, selling and marketing footwear, apparel and accessories. For more than 70 years, PUMA has relentlessly pushed sport and culture forward by creating fast products for the world’s fastest athletes. PUMA offers performance and sport-inspired lifestyle products in categories such as Football, Running and Training, Basketball, Golf, and Motorsports. It collaborates with renowned designers and brands to bring sport influences into street culture and fashion. The PUMA Group owns the brands PUMA, Cobra Golf and stichd. The company distributes its products in more than 120 countries, employs about 16,000 people worldwide, and is headquartered in Herzogenaurach/Germany.


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Contacts

Gudrun Cämmerer

Teamhead Global PR

gudrun.caemmerer@puma.com

Wednesday, June 29, 2022

The LYCRA Company Announces New Equity Ownership

 WILMINGTON, Del - Wednesday, 29. June 2022




Current Management Team Continues to Run Business with Full Shareholder Support


(BUSINESS WIRE) -- The LYCRA Company, a global leader in developing innovative fiber and technology solutions for the apparel and personal care industries, today announced that a group of financial institutions, comprising Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management, and China Everbright Limited (“New Shareholders”), have gained full equity control of the Company.


The change of equity control follows the conclusion of the receivership process that started in February when the New Shareholders initiated an enforcement action against Ruyi Textile and Fashion International Group Limited, the former parent of The LYCRA Company, for loan defaults associated with its purchase of The LYCRA Company in January 2019.


The LYCRA Company has grown into one of the most powerful global franchises in the textile industry with its world-class brands, including LYCRA®, COOLMAX®, and THERMOLITE®, unique marketing services, and wide network of partners across the global value chain. In addition, The LYCRA Company’s diverse and broad innovation capabilities and robust intellectual property estate of over 800 patents have helped it build long-standing strategic relationships with most leading producers, brands, and retailers.


With its new ownership and governance in place, The LYCRA Company will continue to focus on accelerating the implementation of its vision, including sustainable solutions that advance circularity, strategic technology partnerships to develop and scale up a wider range of innovative materials, and ongoing digital transformation initiatives. This is fully supported by the New Shareholders who have a proven track record of financing and investing in companies across Asia and globally and working with Boards of Directors on business and operational plans to enhance long-term value creation. The New Shareholders are committed to further helping The LYCRA Company strengthen its financial position and enable its long-term growth.


“I am thrilled to have the full support of our New Shareholders and incoming Board of Directors as we begin the next chapter in The LYCRA Company’s story,” said Julien Born, CEO of The LYCRA Company. “This new ownership structure provides the necessary backing from experienced investment professionals who share our long-term vision.”


“We fully support The LYCRA Company’s world-class management team and their continued stewardship of The LYCRA Company,” said a spokesperson for the New Shareholders. “The LYCRA Company is in a strong financial position, has a solid foundation for long-term growth, and we look forward to working with the team to provide continued support for The LYCRA Company’s future growth.”


About The LYCRA Company


The LYCRA Company innovates and produces fiber and technology solutions for the apparel and personal care industries. Headquartered in Wilmington, Delaware, The LYCRA Company is recognized worldwide for its innovative products, technical expertise, sustainable solutions, and unmatched marketing support. The LYCRA Company owns leading consumer and trade brands: LYCRA®, LYCRA HyFit®, LYCRA® T400®, COOLMAX®, THERMOLITE®, ELASPAN®, SUPPLEX®, and TACTEL®. The LYCRA Company’s legacy stretches back to 1958 with the invention of the original spandex yarn, LYCRA® fiber. Today, The LYCRA Company focuses on adding value to its customers’ products by developing unique innovations designed to meet the consumer’s need for comfort and lasting performance. For more information, visit www.thelycracompany.com.


LYCRA®, COOLMAX® and THERMOLITE® are trademarks of The LYCRA Company.


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Contacts

Karie J. Ford

karie.j.ford@Lycra.com

SARCO signs two MOUs with Christof Global Impact to develop renewable energy projects

 



Saudi Arabian Refineries Company (SARCO), and UK-based Christof Global Impact signed two non-binding memoranda of understanding (MoUs) to develop renewable energy projects.


The first project is to study an investment partnership to build a refinery producing the ‘biodiesel’ biofuel carbon, which is negative fuel derived from algae through “carbon negative algae oil - sustainable fuel platform” with an initial investment of up to SR1 billion for the first phase.


The second project, aims to study the investment in the technology of slop oil to convert waste oil wells, oil from shipping ships, waste of fuel tanks and petroleum materials into low carbon raw materials to reduce carbon emissions with an estimated total cost of SR130 million for the first phase.


SARCO Chairman of the Board, Eng. Aiad Mohammad Mushaikh pointed out that, "These MOUs will add a new dimension to SARCO’s commitment to enabling the development of renewable energy resources.”


 “It also falls in line with the Saudi Vision 2030 aiming to raise the Kingdom's share of renewable energy production to the maximum level possible, achieve a balance in the mix of local energy sources, and meet the Kingdom's obligations to reduce carbon dioxide emissions.” he added


These projects are subject to the approval of the Ministry of Energy and to the completion of technical and financial studies, according to Mushaikh.


Marwan Al Amoudi, CEO of Christof Arabia, a subsidiary of Christof Global impact pointed out that the new cooperation with SARCO comes to promote sustainability, preserving the environment and natural resources in addition to create jobs for Saudi youth.


From his side, Oliver Christof - CEO of Christof Global Impact commented, “Through our partnership with SARCO, one of our goals is to contribute to reducing global methane emissions by 30% as part of the global methane pledge by 2030, along with planting 10 billion trees and restoring 40 million square meters of land over the next few decades. All of these goals fall under the primary objectives of the Saudi Vision 2030."



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https://www.aetoswire.com/en/news/sarco-signs-two-mous-with-christof-global-impact-to-develop-renewable-energy-projects

Contacts

For more information please contact:


Saleh Fareed


Media Affairs Manager


e-mail: saleh@perspectiveintl.com or info@almasafi.com.sa


Mobile: +966 504611745

Andersen Global Enters New Zealand With the Addition of Two Collaborating Firms

 SAN FRANCISCO - Wednesday, 29. June 2022


(BUSINESS WIRE)-- Andersen Global establishes tax and legal capabilities in New Zealand through Collaboration Agreements with two Auckland-based firms – law firm Turner Hopkins, and tax and advisory firm Bellingham Wallace. The firms maintain deep connections in the region and will play a pivotal role in driving business and delivering integrated, global solutions to create long-term value for clients.


Turner Hopkins was founded in 1923, and for nearly 100 years, has provided full-service capabilities in real estate, corporate and commercial law, litigation, finance, employment law, family, private client, estate and immigration. Turner Hopkins’ interdisciplinary team of professionals has vast experience working across a suite of industries and addressing client needs with comprehensive, customized solutions.


“We pride ourselves on our client-focused approach and our commitment to ensuring that we retain the highest caliber of lawyers and professionals, which has allowed us to maintain a competitive edge in the Auckland region for nearly a century,” said Managing Partner Michael Robinson. “Collaborating with Andersen Global enables us to continue to work seamlessly with clients and to deliver quality solutions for clients whose needs are increasingly global in nature.”


Established in 2012, Bellingham Wallace was founded by Co-Managing Partners, Matt Bellingham and Aaron Wallace, to work closely with clients ranging from small to large privately owned enterprises. The firm offers a range of full-service capabilities in advisory, governance, tax, strategy, due diligence and valuation to drive growth and manage risks for clients’ businesses.


“Our firm has experienced exceptional growth over the past few years as we continue to prioritize our clients’ every need and expand our existing capabilities in the market,” said Co-Founder and Co-Managing Partner Matt Bellingham. “Collaborating with Andersen Global demonstrates our commitment to excellence and reinforces our client-focused approach as the additional global resources will bolster our capabilities to meet evolving client needs,” added Aaron Wallace.


Andersen Global Chairman and Andersen CEO Mark Vorsatz said, “Turner Hopkins and Bellingham Wallace will be great assets in satisfying our growing needs in the region. These firms share our organization’s commitment to stewardship and demonstrate the highest professional standards, forecasting a synergistic working relationship among our professionals. Collaborating with these firms is key as we continue to bring best-in-class solutions to our clients across the globe and strengthen our presence in the Asia Pacific region.”


Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 11,000 professionals worldwide and a presence in over 360 locations through its member firms and collaborating firms.


View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005430/en/



Permalink

https://aetoswire.com/en/news/andersen-global-enters-new-zealand-with-the-addition-of-two-collaborating-firms

Contacts

Megan Tsuei

Andersen Global

415-764-2700


Velodyne Lidar Signs Multi-Year Agreement with Boston Dynamics

 SAN JOSE, Calif.-- June 29, 2022

(BUSINESS WIRE/AETOSWire)-- Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a multi-year agreement for its lidar sensors with Boston Dynamics, the global leader in mobile robotics. Boston Dynamics selected Velodyne’s sensors to provide perception and navigation capabilities for its highly mobile robots, which are capable of tackling the toughest robotics challenges.

Velodyne’s lidar sensor solutions enable mobile robots to operate autonomously and safely, without human intervention. They provide real-time 3D perception data for localization, mapping, object classification and object tracking. Velodyne’s power-efficient sensors support autonomous mobile robots in a wide range of challenging indoor and outdoor environmental conditions, including varying temperature, lighting and precipitation.

“Boston Dynamics has signed a supply agreement with Velodyne Lidar, and we are excited to continue working together to enhance and extend the capabilities of mobile robots,’’ said Eric Landry, Director Supply Chain, Boston Dynamics.

“Boston Dynamics robots provide advanced mobility, dexterity and intelligence that enable automation in unfamiliar and unpredictable settings,” said Laura Wrisley, Senior Vice President of Worldwide Sales, Velodyne Lidar. “Equipped with Velodyne’s lidar sensors, their robots can autonomously navigate complex environments. They can safely avoid obstacles and find the fastest route to perform vital tasks in environments from manufacturing plants and construction sites to distribution centers and warehouses.”

About Velodyne Lidar

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne, the global leader in lidar, is known for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including robotics, industrial, intelligent infrastructure, autonomous vehicles and advanced driver assistance systems (ADAS). Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all.

Forward Looking Statements

This press release contains "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne’s target markets, new products, development efforts, and competition. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," “can,” "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include uncertainties regarding government regulation and adoption of lidar, the uncertain impact of the COVID-19 pandemic on Velodyne's and its customers' businesses; Velodyne's ability to manage growth; Velodyne's ability to execute its business plan; uncertainties related to the ability of Velodyne's customers to commercialize their products and the ultimate market acceptance of these products; the rate and degree of market acceptance of Velodyne's products; the success of other competing lidar and sensor-related products and services that exist or may become available; uncertainties related to Velodyne's current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne's intellectual property; and general economic and market conditions impacting demand for Velodyne's products and services. For more information about risks and uncertainties associated with Velodyne’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Velodyne’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements in this press release are based on information available to Velodyne as of the date hereof, Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005246/en/

*Source: AETOSWire

Contacts

Velodyne Investor Relations
InvestorRelations@velodyne.com

Media
Codeword
Liv Allen
velodyne@codewordagency.com

Walgreens Boots Alliance Concludes Strategic Review and Decides to Retain Ownership of its Successful Boots Business

 (BUSINESS WIRE) -- Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced its decision to keep its Boots and No7 Beauty Company businesses under its existing ownership. This marks the conclusion of the review that began in January in line with the Company’s strategic priorities.


WBA has been encouraged by productive discussions held with a range of parties, receiving significant interest from prospective buyers. However, since launching the process, the global financial markets have suffered unexpected and dramatic change. As a result of market instability severely impacting financing availability, no third party has been able to make an offer that adequately reflects the high potential value of Boots and No7 Beauty Company. Consequently, WBA has decided that it is in the best interests of shareholders to keep focusing on the further growth and profitability of the two businesses.


The decision to retain the businesses has also been supported by the ongoing strong performance and growth of Boots and No7 Beauty Company, which have exceeded expectations despite challenging conditions.


Boots is the UK’s leading health and beauty retailer and benefits from its unique position as one of the most trusted and well-respected brands in the country. Since the formation of WBA at the end of 2014, the Company has significantly invested in Boots and No7 Beauty Company. Given their unmatched assets and unparalleled potential, Walgreens Boots Alliance will continue investing in the future of these two businesses.


Chief Executive Officer, Rosalind Brewer, said:


“We have now completed a thorough review of Boots and No7 Beauty Company, with the outcome reflecting rapidly evolving and challenging financial market conditions beyond our control. It is an exciting time for these businesses, which are uniquely positioned to continue to capture future opportunities presented by the growing healthcare and beauty markets. The Board and I remain confident that Boots and No7 Beauty Company hold strong fundamental value, and longer term, we will stay open to all opportunities to maximize shareholder value for these businesses and across our company.”


About Walgreens Boots Alliance


Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities.


A trusted, global innovator in retail pharmacy with approximately 13,000 locations across the U.S., Europe and Latin America, WBA plays a critical role in the healthcare ecosystem. The company is reimagining local healthcare and well-being for all as part of its purpose – to create more joyful lives through better health. Through dispensing medicines, improving access to a wide range of health services, providing high quality health and beauty products and offering anytime, anywhere convenience across its digital platforms, WBA is shaping the future of healthcare.


WBA has more than 315,000 team members and a presence in nine countries through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. Additionally, WBA has a portfolio of healthcare-focused investments located in several countries, including China and the U.S.


The company is proud of its contributions to healthy communities, a healthy planet, an inclusive workplace and a sustainable marketplace. WBA has been recognized for its commitment to operating sustainably: it is an index component of the Dow Jones Sustainability Indices (DJSI) and was named to the 100 Best Corporate Citizens 2021.


More company information is available at www.walgreensbootsalliance.com.


(WBA-GEN)


Cautionary Note Regarding Forward-Looking Statements: All statements in this release that are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and involve risks, assumptions and uncertainties, including those described in Item 1A (Risk Factors) of our Form 10-K for the fiscal year ended August 31, 2021 and in other documents that we file or furnish with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. These forward-looking statements speak only as of the date they are made. We do not undertake, and expressly disclaim, any duty or obligation to update publicly any forward-looking statement after the date of this release, whether as a result of new information, future events, changes in assumptions or otherwise.


View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005512/en/



Permalink

https://aetoswire.com/en/news/walgreens-boots-alliance-concludes-strategic-review-and-decides-to-retain-ownership-of-its-successful-boots-business

Contacts

WBA Media Relations

USA / Jim Cohn +1 224 813 9057

International +44 (0)20 7980 8585


WBA Investor Relations

Tiffany Kanaga +1 847 315 2922

GPS Announces New Senior Leadership Changes

 LONDON - Wednesday, 29. June 2022 


Joanne Dewar has been promoted to Vice Chair and will focus on the group’s growth and global profile

Kevin Schultz has been appointed Chief Executive Officer and will focus on strategy and execution

Both the new Vice Chair and CEO will work closely with the Chair, Gene Lockhart, in a newly formed Office of the Chair

(BUSINESS WIRE) -- Global Processing Services (GPS), a leading global payment technology platform, has today announced the promotion of Joanne Dewar to Vice Chair. Kevin Schultz has also been appointed as Chief Executive Officer, effective immediately.


Joanne will maintain her position on the GPS board, where she will focus on the group’s growth and global profile, and continue to work alongside Chair, Gene Lockhart, in a newly created Office of the Chair. Joanne had been CEO at GPS for over four years and was instrumental in scaling the company and securing investment from arguably the most impressive consortium in the payments industry.


Kevin brings a wealth of executive leadership experience in the payments and digital banking industry to his new role as CEO, where he will primarily focus on strategy and execution. Most recently, Kevin served as Fiserv’s Group President of the Digital Banking. Prior to Fiserv, Kevin served as President, Global Financial Services at First Data, following nearly 16 years at Visa, where he built out the debit processing business, Visa DPS.


Gene Lockhart, Chair, GPS, said: “We are hugely grateful for the great work that Joanne has done at GPS. Under Joanne’s stewardship, the company has gone from strength to strength and successfully transitioned through a major new investment round, the building of a new management team and a significant transformation. In her new role as Vice Chair, she will continue to play a pivotal role in GPS’ future.


“With Kevin on board, our leadership team now has a unique and powerful blend of industry, market and leadership experience which will help us to accelerate the company’s growth.”


Joanne Dewar, Vice Chair, GPS, said: “I am extremely proud of what has been achieved so far and I am very excited about my new role, which should enable me to help expand the business footprint through raising the profile and building the global network. I am also delighted to welcome Kevin, whose impressive track record and experience will be a huge asset to the GPS business and our customers. Together with Gene, I am convinced that we have a winning combination which will accelerate the ability of GPS to reach its true potential.”


Kevin Schultz, Chief Executive Officer, GPS, said: “It has been a transformational period for the company, and I could not be more excited to lead the company through the next phase of its development. With the experience of our leadership team and support of our investors, I am convinced that GPS will continue to deliver market leading technology and provide our customers with ever more innovative payments solutions.”


***


View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005511/en/



Permalink

https://www.aetoswire.com/en/news/gps-announces-new-senior-leadership-changes

Contacts

Louisa Bartoszek

Marcom@globalprocessing.com