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News Release Digital Asset Direct

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

Haruko

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

July 15, 2024 08:00 AM Eastern Daylight Time

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

HTX

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

July 15, 2024 12:57 AM Eastern Daylight Time

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

NLPC

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

July 14, 2024 09:45 AM Eastern Daylight Time

XLRE ETF: An Exploration to the Real Estate Sector

Select Sector SPDR

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

July 12, 2024 05:00 AM Eastern Daylight Time

Zingly.ai Expands Leadership Team with New CMO and CRO

Zingly

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

July 11, 2024 12:30 PM Eastern Daylight Time

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

Siyata Mobile Inc.

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

July 11, 2024 09:00 AM Eastern Daylight Time

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Claravine Launches Connected Application on the Snowflake AI Data Cloud

Claravine

Claravine, The Data Standards Company, today announced the launch of a connected application Powered by Snowflake, connecting The Data Standards Cloud to the Snowflake AI Data Cloud. Organizations and marketers can now manage and mobilize their data faster and more efficiently, gaining intelligence and proving the business value of marketing campaigns. By leveraging the Snowflake AI Data Cloud, Claravine's connected application dramatically reduces manual data preparation tasks, breaks down data silos and accelerates both data availability and quality. Claravine provides a marketing data foundation, standardizing metadata within Snowflake, to streamline efforts across the marketing organization, many of which have the potential to impact AI initiatives, including AI use cases such as propensity scoring, personalization, prescriptive email content, and customer support co-pilots. Claravine's solution allows Snowflake customers to access dimension table management and enables seamless integration of creative metadata from a Digital Asset Management (DAM) system into media campaigns, providing a comprehensive data ecosystem. "Today marks an important step in our partnership with Claravine," said Jim Warner, Global Field CTO for Advertising & Marketing, Snowflake. "The new connected application enables joint customers to pass standardized marketing metadata directly into Snowflake to power campaign intelligence. With Claravine and Snowflake, marketers can make more confident, data-driven decisions that drive their business forward." In the dynamic and highly competitive marketing environment, marketers must have a comprehensive understanding of their performance metrics. Yet, marketers are confronted by a multitude of channels and data silos, diminishing marketing budgets and the acceleration of campaign and creative output. This creates a complex and financially demanding challenge. Claravine and Snowflake can assist their joint customers by delivering a solid infrastructure for marketing data. “Launching The Data Standards Cloud and Snowflake AI Data Cloud integration is a game-changer for our joint clients and their marketing teams,” said Chris Comstock, Chief Growth Officer, Claravine. “This connected application streamlines marketing data management – reducing errors in data preparation and providing a reliable source of marketing metadata. As more customers centralize their core data infrastructure on Snowflake we believe metadata is an essential component to a successful data strategy." To become a Snowflake partner and access Snowflake’s self-service partner resources, please click here. About Claravine Claravine is The Data Standards Company aiming to give people, teams and technology a shared understanding of their data. Claravine helps brands and agencies deliver on the promise of modern marketing by standardizing taxonomies, naming conventions, and metadata across all digital experiences at the source of data creation. The Data Standards Cloud empowers a proactive approach to marketing metadata naming conventions and taxonomy for fast, accurate and rich business insights that help deliver the experiences customers want. Claravine partners with a quarter of the Fortune 100 to define, apply and connect standards across their ecosystem for faster decisions, greater agility, and increased ROI. For more information, visit www.claravine.com. To become a Claravine partner, please click here. Contact Details Kite Hill PR +1 704-960-2295 Claravine@kitehillpr.com Company Website https://www.claravine.com/

July 11, 2024 09:00 AM Eastern Daylight Time

Laser Photonics (NASDAQ: LASE) H1 Milestones Update: Expanded And Upgraded Product Offering, Deepened Partnerships, Successful Anti-Drone Laser Tech Testing And More

Benzinga

By Meg Flippin, Benzinga From product launches to partnerships, it’s been a busy first half of the year for Laser Photonics (NASDAQ: LASE), a developer of cutting-edge laser technology that’s turning the centuries-old sand and abrasives blasting markets on their head. “In the first half of this year, Laser Photonics has made some remarkable accomplishments that have positioned us for continued success,” said Wayne Tupuola, CEO of Laser Photonics, in an update for shareholders. “We have expanded and upgraded our product offerings, deepened our partnership with key market players, and successfully concluded proof of concept testing for advanced laser-based anti-drone technology. These milestones underscore our commitment to long-term growth and innovation as a company." Innovating On The Product Front Take product launches for starters. So far in 2024, LPC has rolled out advanced lasers for cleaning, cutting and even shooting down drones. On the cleaning front, LPC recently launched its CleanTech next-generation laser system. Aimed at on-the-go applications, the new lasers include mobile connectivity for remote monitoring and control, a new compact form factor and a smart overheat protection feature for increased safety. LPC said the CleanTech Next-Generation Laser Systems are the world’s most compact and portable Class I and Class IV systems in the market. Compact and portable lasers can be useful in many industries – including aviation, manufacturing and shipbuilding – to remove rust, grease, mold and other contaminants. For cutting, LPC also rolled out the SaberTech next-generation laser system, which incorporates turbo piercing and cold-cutting technology alongside the company’s existing laser-cutting technology to achieve what LPC says is precise, high-quality cuts during manufacturing and fabrication. The new technology minimizes the heat-affected zone on materials during cutting, making it ideal for several critical applications in aerospace, automotive, maritime and defense industries. Rounding out the product launches in the first half of 2024, LPC enhanced its offering for the defense market and can now offer laser cleaning, marking and welding solutions customized for that market. Inking Deals And Partnerships Developing and rolling out new laser tech isn’t the only thing LPC has been focused on – it's also forging partnerships to build its business and gain recognition. A big one was its recent deal with Brokk, a manufacturer of demolition robots and other remote-controlled machines for mining, construction, metalworking, nuclear decommissioning and other high-stakes operations in hazardous environments. Through the partnership, LPC and Brokk are aiming to overhaul the way contractors work. Integrating LPC laser cleaning and cutting technology with Brokk’s remote-controlled robots allows operators to handle heavy jobs in dangerous settings more effectively and safely, whether it's decommissioning a nuclear plant or tunneling in a mine. It's a new market for LPC and one the company says is perfectly suited for its laser technology. The company also recently partnered with Echelon 1 Solutions (E1S), a storage and logistics solutions provider for the military, to bring laser cleaning and cutting technology to the defense industry. E1S is a Service-Disabled Veteran-Owned Small Business (SDVOSB) based in Tampa, Florida, which aims to fill a critical gap in Department of Defense operations, reports Laser Photonics. As for distribution, LPC has multiple deals to boast of. Its deal with Fastenal Company (NASDAQ: FAST), the largest fastener distributor in North America and a leading distributor and provider of industrial technology and products, is one of them. It gives it access to what LPC says is one of the most robust and well-equipped distribution networks in the world. As part of the distribution deal for LPC’s CleanTech line of lasers, LPC gets access to Fastenal’s global distribution network and will benefit from the company’s service model, which centers on approximately 3,300 locations – each supporting its local customer base. Meanwhile, LPC also recently teamed up with Incredible Supply & Logistics (ISL), an award-winning product distribution, mission kitting and third-party logistics company specializing in supporting federal government customers and defense contractors as well as serving the maritime and space communities. The two are involved in a distribution deal and working to get the word out about LPC’s laser products. Building Name Recognition But that’s not all LPC is doing to get the word out. The company has been diligently working on its marketing efforts to build name recognition and boost sales. Toward that end, the company recently completed construction of its state-of-the-art customer experience center, which is now open to visitors. This new center, located in Maitland, Florida, features LPC’s latest products and offers a hands-on experience for customers looking to learn about how laser technology can benefit their business. The facility has already hosted a number of potential customers and continues to help facilitate sales. LPC also launched a new website, which it expects to help build its digital presence and underscores its efforts to enhance user engagement. LPC also actively participates in trade shows to showcase its products and spread the word. So far in 2024, LPC has taken part in the Offshore Technology Conference in Houston, Texas; MegaRust 2024 in San Diego, California; 2024 Government Fleet Expo & Conference in Louisville, Kentucky; NCMS Industry Day at AMC Modernization Symposium in Huntsville, Alabama; and Waste Management Symposia 2024 in Phoenix, Arizona. More events are slated for later this year. Let’s Not Forget R&D Another key component of LPC’s future growth is research and development efforts, which, too, have been on display throughout the first half of the year. LPC expanded into a bigger facility to keep up with the pace of growth this year. The new facility will house the company's growing sales and R&D teams – allowing it to increase its R&D and sales efforts while it continues to streamline quality control and logistics. The products and solutions already coming out of its research and development lab go beyond cutting and cleaning, giving LPC access to new markets. Take the Laser Shield Anti-Drone System (LSAD) which is testing with parent company Fonon Corporation. The two successfully tested a laser prototype that can destroy small-scale unmanned aerial systems (UAS) in conflict zones and expeditionary locations. The prototype was tested at LPC’s new state-of-the-art facility, which features an internal laser range. This enabled Laser Photonics and Fonon to evaluate the proof of concept under controlled conditions. The range served to test the lasers’ capabilities in terms of precision and effectiveness when it came to targeting and destroying distant objects. LPC said the facility will play a crucial role in developing LSAD. LPC is also working on developing Class I systems and its robotic cell, maintaining its competitive edge and meeting the increasing demand for this technology, driven by heightened regulations and restrictions. LPC is on a mission to overhaul the industry and branch into new markets, and milestones achieved in the first half of the year highlight its focus and commitments. With six more months to go before we close out 2024, LPC may very well have more to share. Photo by Ant Rozetsky on Unsplash Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 11, 2024 08:45 AM Eastern Daylight Time

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The Proliferation Of AI Has Brought With It New Security Risks – iLearningEngines Is Finding New Ways To Enable Security For An AI World

Benzinga

By Kyle Anthony, Benzinga The proliferation of AI tools in recent years has been remarkable, with individuals' willingness to use them seemingly being the only thing keeping pace with their rapid development. But with millions of individuals using AI chatbots that can record a single user’s notes on any topic and then summarize that information or search for more details, the natural question that comes to mind is, how secure is the information being stored and used? Rising Cybersecurity Concerns With AI The success of ChatGPT and its adoption by the masses has been noteworthy, with the platform receiving 152 million visitors in its first month of being launched. At its peak in April 2024, the site received nearly 2 billion monthly visits. However, the platform’s growth has also welcomed threat actors who have identified vulnerabilities. Last year, a notable one was identified in ChatGPT’s Redis open-source library, allowing users to see other active users' chat history. OpenAI uses Redis to cache user information for faster recall and access. Because thousands of contributors develop and access open-source code, it’s easy for vulnerabilities to open up and go unnoticed. Threat actors know this, hence why attacks on open-source libraries have materially increased in recent years, with a reported overall increase of 742% since 2019. A cornerstone of ChatGPT’s development is cloud computing, as it accelerates research & development innovation. However, a person acting with malicious intent can gather information from ChatGPT that they can later use for harm. Since the chatbot has been trained on copious amounts of data, it possesses a lot of information that could potentially be weaponized by threat actors. Recognizing the potential risks of ChatGPT, the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment, released a whitepaper entitled Security Implications of ChatGPT that provides guidance across four dimensions of concern around this extremely popular large language model (LLM). The CSA has also called for public collaboration in developing an artificial intelligence roadmap for this next frontier in cybersecurity and cloud computing. For companies developing their own LLMs using their proprietary dataset, on-premises data storage is preferable for many use cases. Though cloud storage has grown in popularity lately, some companies still believe that on-premises solutions or private clouds are best suited for their mission-critical business needs. For example, many value the greater security and control that on-premises solutions and storage give their data. Taking A Differentiated Approach With iLearningEngines iLearningEngines (NASDAQ: AILE) (iLE) has built this security approach and options for data security and control into its approach, and believes that this is one of the key drivers for their success in the market. iLE is an applied AI platform that empowers its enterprise and education customers to “productize” their institutional knowledge, improve efficiency and drive better mission-critical business outcomes. The company operates at the intersection of three large and growing markets: global artificial intelligence, global e-learning and hyper-automation. iLE's differentiation in the market is rooted in its proprietary AI technology and specialized data sets, thus avoiding the pitfall of open-source libraries. First, the company builds a secure Knowledge Cloud – an enterprise “brain” made up of specialized datasets – within a customer’s data environment. Then, it employs its no-code AI canvas, enabling rapid integration without custom programming. This enables iLE’s cognitive AI engine to generate insights, events and recommendations across many use cases. Employees use these valuable insights to close knowledge gaps, automate workflows and improve business outcomes. From a security perspective, iLE recognizes the imperative of integrating transparency, human oversight, fairness and other ethical considerations into AI development and deployment. It believes that taking such an approach allows businesses to foster trust, navigate risks effectively and unlock the full potential of AI. The company also deploys private cloud storage, which is ideal for industries like banking, finance and healthcare, where data security and compliance are paramount. iLE's commitment is backed by a comprehensive and advanced framework. The company says that this framework ensures transparency and explainability, robust security, safety and unwavering adherence to human-centered values and fairness in the applied AI platform. This commitment is not static but a living reality, constantly refined by iLE through ongoing interactions with its clients. A Pathway Forward AI is rapidly transforming the global landscape in many ways, but it should not come at the expense of information security as it opens up higher productivity levels. AI-powered tools automate tasks, streamline processes and replicate human-like understanding, reasoning and decision-making. However, to fully harness this potential, businesses must address challenges like data quality, privacy and siloed enterprise systems and bring machine cognition and comprehension with AI. iLE’s applied AI platform enables organizations to do this by creating AI Engines on the platform, utilizing specialized data sets with a focus on security. Featured photo by Markus Spiske on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 11, 2024 08:30 AM Eastern Daylight Time

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