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The Bermuda Business Development Agency (BDA) Leads Economic Growth as EIRC Initiative Surpasses $500 Million Milestone

Bermuda Business Development Agency

October 10, 2024 – The Bermuda Business Development Agency (BDA) is pleased to announce that the Economic Investment Residential Certificate (EIRC) initiative has surpassed $500 million in investments. This milestone reinforces Bermuda’s position as a premier destination for global investors, showcasing the EIRC’s pivotal role in driving sustained economic growth while enhancing the island’s appeal to high-net-worth individuals seeking both exceptional investments and an unmatched island lifestyle. Since its launch in 2021, The BDA has successfully provided concierge services for all EIRC applicants, guiding them through each phase of the process and ensuring a smooth, seamless experience. This tailored approach has been instrumental in driving economic growth, attracting affluent investors from around the world, including the U.S., U.K., Canada, and Spain. With a minimum investment of $2.5 million, participants gain permanent residency in Bermuda and the flexibility to invest in real estate, new and existing local businesses, Government bonds (previously offered), or social causes. To date, 58 approved applications have driven substantial capital into local enterprises and the property market. The EIRC does however offer more than financial benefits; many certificate holders are drawn to Bermuda because of personal connections, whether through birth, marriage, or long-standing relationships with the island. As a result, these stakeholders are not solely investing capital—they have become part of Bermuda’s community. Data shows that nearly half of a country’s economic growth typically originates from individuals already embedded in the community, and Bermuda is no different. By becoming part of the island’s fabric, these stakeholders unlock even greater opportunities for investment and growth, driving Bermuda’s continued economic success. The Honourable Jason Hayward, Minister of Economy and Labour, commented on the programme's success: "The EIRC initiative has proven to be a vital tool for stimulating economic development in Bermuda. By attracting high-net-worth individuals who are not only investing but also establishing Bermuda as their home, we are creating long-term opportunities for the island. Surpassing the $500 million mark is a significant achievement, and we are confident that the BDA and EIRC programme will continue to contribute positively to Bermuda’s economic growth." Kyle Rogers, Research and Intelligence Manager at the BDA, is also responsible for overseeing the concierge service that supports applicants throughout the entire EIRC process. He ensures seamless management of the certificates, providing crucial guidance from initial inquiry, through comprehensive candidate evaluation, to final approval. He stated, "Reaching $500 million is a testament to Bermuda’s unique offering as both a business hub and an exceptional place to live. The EIRC initiative continues to generate significant value by attracting capital and new residents who are committed to the island’s long-term success. We are excited about the programme’s growth and the bright future ahead." Of the total $500 million investment, $212 million has been directed towards new businesses, $231 million into real estate, $49 million into existing local enterprises, $2.6 million into Government bonds, and $6 million into social ventures deemed beneficial to Bermuda and subject to the Minister’s approval. Jonathan Halata, a developer, investor, and successful EIRC applicant, shared his experience: "As Canadians and Brits, my family has been connected to Bermuda since the 1970s. The EIRC wasn’t just about investing money; it was about building a life for my husband and daughter, and contributing to the community my family has become part of." "My investment in Bermuda extends far beyond financial returns—it's about contributing to the development of premier assets like hotels and tourism infrastructure. Island Realty projects like Azura and Nautilus have brought something unique to Bermuda and created dozens of jobs, which are vital for both airlift and the livelihoods of Bermudians. "I see a direct link between the EIRC programme and Bermuda’s future growth. It’s not just about selling homes—it’s about creating lasting opportunities. Multiplying our experience by 10, 50, or 100 could generate significant new jobs for Bermudians." "The EIRC certificate process was much easier than I expected, especially knowing the complexities with immigration and work permits. The BDA’s white-glove service, with Kyle’s personal attention to detail, made a tremendous difference. They delivered exactly what was promised, with a ribbon on top." For more information on the Economic Investment Residential Certificate and how to apply, visit bda.bm. Media Contact: Simone Gibbons Head of Marketing, Communications & Events D. +1 441 297 7774 | M. +1 441 707 0038 | E: simone@bda.bm The Bermuda Business Development Agency (BDA) encourages direct investment and helps companies start up, re-locate, or expand their operations in our premier jurisdiction. An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions. Contact Details Bermuda’s Business Development Agency (BDA) +1 441-707-0038 info@bda.bm Company Website https://bda.bm

October 10, 2024 02:35 PM Eastern Daylight Time

MedCognetics Introduces the First Embedded AI Cancer Detection System for Mammography Imaging

MedCognetics

MedCognetics, Inc., a company focusing on medical imaging AI, today announced the successful testing and implementation of the first embedded AI image processing and cancer detection system for mammography. The system utilizes the NVIDIA IGX Orin TM medical-grade edge AI platform alongside MedCognetics’ advanced AI-enabled software, CogNet AI-MT, which was developed in collaboration with clinical leaders worldwide. CogNet AI-MT has been trained on a diverse global dataset to enhance the performance of radiologists and help improve patient outcomes worldwide. Incorporating MedCognetics’ new system would allow for AI-driven image enhancement and cancer detection to occur in real-time within the mammography device itself. The embedded solution eliminates latency, delivering immediate, high-quality image analysis, a significant improvement over traditional setups that require external workstations or cloud-based processing. This approach is poised to improve patient outcomes through faster results, enhanced image quality and reduced hardware costs. “Embedding our CogNet AI-MT software directly into mammography imaging equipment means we can enhance image quality and provide immediate cancer detection without the need for costly hardware upgrades,” said Debasish “Ron” Nag, CEO of MedCognetics. “Using the NVIDIA IGX platform, we’re advancing medical imaging technology, making high-quality diagnostic tools more accessible to radiologists and imaging centers around the world.” The NVIDIA IGX Orin platform combines enterprise-level hardware, software, and support. It is purpose-built for industrial and medical edge computing. The platform delivers the performance, durability, security, and safety required for advanced AI applications and features programmable safety extensions, commercial OS support, and powerful AI software. These capabilities, equip organizations to confidently deploy AI safely and securely for enhanced human and machine collaboration. The embedded AI system developed by MedCognetics offers several key benefits: On-Premises Device: Rapid, complete analysis right in the radiology workflow. Enhanced Image Quality: AI-driven enhancements improve the clarity and detail of images without requiring high-end, expensive hardware. Immediate Results: Processing occurs within the device, providing instant analysis and reducing the wait time for results. Cost Efficiency: Medical device manufacturers can achieve high-end image quality at a fraction of the cost by utilizing AI rather than upgrading hardware. Workflow Optimization: Enables worklist prioritization and clinic-determined workflow optimization, enhancing the accuracy and efficiency of radiologists and imaging centers. Easy Upgrades and Maintenance: Software-based solutions are easier to update and maintain, helping to ensure that medical imaging equipment remains cutting-edge without frequent hardware replacements. Earlier this year, MedCognetics was awarded a groundbreaking patent by the United States Patent and Trademark Office (USPTO) for its inclusive, unbiased medical imaging AI technology in mammography. Its expertise in embedded engineering, combined with the NVIDIA IGX platform, is poised to significantly advance medical imaging technology. This work underscores the importance of integrating AI into medical devices to enhance diagnostic capabilities and patient care. For more information about this new embedded AI cancer detection system, visit here. About CogNet AI-MT® CogNet AI-MT is part of MedCognetics' comprehensive CogNet AI™ platform, designed to enhance radiologists' capabilities by expanding insights and awareness in medical imaging. This unbiased platform, trained on a diverse global dataset, advances the performance of radiologists and imaging centers, delivering accurate care for patients worldwide. CogNet AI-MT employs advanced AI and Machine Learning (ML) to detect early signs of cancer across all ethnicities and can be deployed on customer premises, in the cloud, or via the web. The platform is FDA 510(k) cleared for triage of mammogram images. Useful Links: Learn More: www.medcognetics.com Follow us: X | LinkedIn Sales and Partnership Inquiries: Please contact MedCognetics, Inc. at: media@medcognetics.com About MedCognetics, Inc. MedCognetics provides an advanced AI software platform that integrates into radiology workflow. In addition, the AI algorithm is trained on a diverse global patient dataset to mitigate data biasing. The future of AI in healthcare is unbiased services and MedCognetics is at the forefront of creating a more predictable medical outcome and ultimately saving lives. Founded in 2020, the company is based in Dallas, Texas. For more information, please visit our website at www.medcognetics.com. # # # Contact Details ANW Networks Alicia Nieva-Woodgate +1 415-515-0866 alicia@anwnetworks.com Company Website https://www.medcognetics.com

October 10, 2024 11:15 AM Eastern Daylight Time

HUSQVARNA® VIKING® Introduces Epic Quilt™ 97

SVP Worldwide

SVP Worldwide, the parent company of HUSQVARNA® VIKING®, a leader in the sewing industry, proudly announced today the launch of its latest innovation, the Epic Quilt™ 97, what quilt dreams are made of. The Epic Quilt™ 97 boasts a spacious workspace perfect for large projects, accommodating even king-sized quilts. With over 12" (310mm) to the right of the needle and a working area height exceeding 5.5" (140mm), it provides ample room for handling bulky materials. A particular standout feature of the Epic Quilt™ 97 is its sewing projection technology, allowing quilters to preview their stitches before sewing. Stitch preview ensures perfect placement every time. The adjustable lines, angles, and grids in sewing mode make aligning stitches effortless, saving valuable time while achieving precision. The Epic Quilt™ 97 also comes equipped with meticulously designed accessories that enhance creativity and ease of use. Included are advanced accessories providing quilters with the tools needed to elevate their craft to new heights including an Extension Table with Adjustable Guide, Rotating Self Healing Cutting Mat (12” x 12”), Rotary Cutting Tool + Replacement Blades, Ruler Set (6” x 12” and 6” x 6” sizes), Free Motion Ruler Foot, Quilt Binder, HUSQVARNA® VIKING® Universal Needles 80/12 5-Pack and the HUSQVARNA® VIKING® Quilting Needles Assorted Sizes 5-Pack. "We are excited to unveil the Epic 97Q, a groundbreaking advancement in our tradition of innovation,” stated Jason Zielke, chief product officer at SVP Worldwide. “Leveraging AI technology, the machine recommends the optimal sewing foot setup for each stitch, and the built-in projection system simplifies the process of creating complex stitches leading to exceptional precision and quality. We added to this machine a suite of the most important accessories that will advance the quilting experience. The Epic 97Q combines our rich heritage with cutting-edge technology, empowering you to create intricate, beautifully executed quilts with unparalleled ease and accuracy." The Epic Quilt 97 is now available online. For more information, please visit our website at www.husqvarnaviking.com. Media Assets About SVP Worldwide SVP Worldwide is the world’s largest consumer sewing machine company, accounting for approximately one out of every three sewing machines sold globally. The company’s iconic brands - SINGER®, VIKING®, PFAFF®, and mySewnet™, have collectively delighted consumers for over 170 years with a distinct heritage and global fanbase. These premium brands and products are regarded as the first-rate choice for a range of consumers from serious sewists to beginners in crafting. SVP Worldwide operates facilities around the globe that support designing, manufacturing, selling, and supplying the world’s most iconic sewing machine brands. Headquartered out of Nashville, TN (USA) with operations internationally, SVP Worldwide boasts regional headquarters, manufacturing facilities, and commercial offices across Europe, South America, Asia, and Australia. Combined, SVP reaches consumers in more than 180 countries on five continents. SVP brands and products are sold online at www.Singer.com and across a network of sewing machine dealers, mass, online, and specialty retailers, distributors, and through the company’s 130+ internally operated retail stores. In 2021, Platinum Equity acquired the controlling stake in SVP-Singer Holdings, Inc., and its wholly owned subsidiaries ("SVP Worldwide"). To learn more, visit www.svpworldwide.com. Contact Details Razor Sharp PR Ray Young +1 512-694-6097 ray@razorsharppr.com

October 10, 2024 10:00 AM Central Daylight Time

Direxion Unveils Broadcom and Micron Technologies Single Stock Leveraged and Inverse ETFs

Direxion

One week after the launch of four additional Single Stock Leveraged and Inverse ETFs, Direxion, a leading provider of tradeable ETFs, today announced bringing two more semiconductor pairs to market. The four new funds allow active traders to obtain magnified, or inverse, exposure to the daily performance of the common stock of Broadcom Inc., or Micron Technologies Inc., through either the Direxion Daily AVGO Bull 2X Shares ( Ticker: AVL ) and Direxion Daily AVGO Bear 1X Shares ( Ticker: AVS ), or the Direxion Daily MU Bull 2X Shares ( Ticker: MUU ) and Direxion Daily MU Bear 1X Shares ( Ticker: MUD ). “Direxion is the leader in the semiconductor sector of the leveraged and inverse ETF universe, with over $13B in assets across the suite,” said Direxion Managing Director, Edward Egilinsky. “With the launch of the Broadcom and Micron Technologies ETFs, Direxion now has the largest suite of single stock leveraged and inverse ETFs as well.” As ground-breaking products built for active traders, Direxion’s pairs of single stock leveraged and inverse ETFs are meant to be used for short-term trading purposes. Leveraged and inverse single stock ETFs should not be viewed as buy and hold investments, but rather trading tools for traders with a high risk tolerance. In addition, unlike traditional ETFs, or even other levered and/or inverse ETFs, these ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you. About Direxion: Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion’s reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $48.6 billion in assets under management as of September 30, 2024. For more information, please visit www.direxion.com. There is no guarantee that the Funds will achieve their investment objectives. For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214. An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866.476.7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing. Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single-stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stock’s performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stock’s performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stock’s performance increases, and the Bear Fund will lose money even if the underlying stock’s performance decreases, over a period longer than a single day. Investing in the Funds is not equivalent to investing directly in AVGO or MU. Semiconductor Industry Risk – Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on such companies’ profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Companies in the semiconductor industry may have products that face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for qualified personnel. Broadcom Inc. Investing Risk – Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. The value of an individual security or particular type of security may be more volatile than the market as a whole and may perform differently from the value of the market as a whole. As of the date of this prospectus, in addition to the risks associated with operating companies and companies in the semiconductor sector, AVGO faces risks associated with: the highly competitive nature of the semiconductor industry; failure to realize expected benefits from mergers, acquisitions and other joint ventures; economic and market uncertainty; reduced demand for its products; potential concentration of revenues in a few large clients; among other risks. Micron Technology, Inc. Investing Risk – Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. The value of an individual security or particular type of security may be more volatile than the market as a whole and may perform differently from the value of the market as a whole. In addition to the risks associated with companies in the technology sector and semiconductor industry, Micron Technology, Inc. faces risks associated with: volatility in selling prices of its products; the ability to develop and produce new and competitive technologies and products; the highly competitive nature of the semiconductor industry; its international operations, including geopolitical risks; availability and quality of materials, supplies, and capital equipment and dependency on third-party service providers; cybersecurity attacks and data breaches; among other risks. Direxion Shares Risks – An investment in each Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with a Fund concentrating its investments in a particular security, industry, sector, or geographic region which can result in increased volatility. A Fund's investments in derivatives such as futures contracts and swaps may pose risks in addition to, and greater than, those associated with directly investing in securities or other investments, including imperfect correlations with underlying investments or the Fund's other portfolio holdings, higher price volatility and lack of availability. As a result, the value of an investment in a Fund may change quickly and without warning. Risks of the Funds include Effects of Compounding and Market Volatility Risk, Derivatives Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Broadcom Inc. or Micron Technology, Inc. Investing Risk, Market Risk, Industry Concentration Risk, Cash Transaction Risk, Indirect Investment Risk, and risks specific to the technology sector and semiconductor industry. Additional risks include, for the Direxion Daily AVGO Bull 2X Shares and Direxion Daily MU Bull 2X Shares, Leverage Risk and Daily Correlation Risk, and for the Direxion Direxion Daily AVGO Bear 1X Shares and Direxion Daily MU Bear 1X Shares, Shorting or Inverse Risk as well as Daily Inverse Correlation Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of the Funds. Distributor: ALPS Distributors, Inc. Contact Details Ditto Public Relations Danielle Black, AD direxion@dittopr.co Company Website https://www.direxion.com/

October 10, 2024 09:00 AM Eastern Daylight Time

NAVEX Lance « La Conformité en France : Le Guide Ultime »

NAVEX Global

NAVEX, le leader mondial des logiciels et services de gestion de la gouvernance, des risques, et de la conformité (GRC), a annoncé le lancement de « La conformité en France: Le guide ultime ». NAVEX aide plus de 13 000 entreprises à travers le monde à gérer et à atténuer les risques en toute confiance. Les programmes de conformité doivent jouer un rôle crucial quotidien à la fois pour garantir le respect des réglementations et pour cultiver une culture éthique. Le lancement d’alerte étant un élément clé de ces efforts. Jan Stappers, directeur des solutions réglementaires chez NAVEX, affirme: « Les organisations pourraient passer à côté d’opportunités si elles ne disposent pas d’un canal pour alerter les gens des risques ou dangers potentiels. Le lancement d’alerte est la meilleure source d’informations sur les actes répréhensibles réels ou potentiels, mais avec autant de réglementations à respecter, le risque actuel est que les entreprises effectuent des exercices de vérification plutôt que d’adopter une approche plus intégrée. » La première partie du guide offre un aperçu détaillé du paysage actuel du lancement d’alerte en France, y compris une explication du contexte culturel et d’informations sur la façon dont le système français se compare à d’autres dans le monde. Une plongée dans les données de lancement d’alerte montre que les niveaux de signalement français augmentent mais restent bas par rapport aux normes européennes, tandis que les rapports français sont moins susceptibles d’être anonymes et ont tendance à prendre plus de temps à traiter que ceux d’autres pays. De plus, la deuxième partie de ce guide présente le cadre réglementaire français, en mettant l’accent sur les défis critiques de conformité et les questions extraterritoriales qui peuvent être particulièrement difficiles à maîtriser pour les entreprises. Au sens large, le respect de toutes les réglementations existantes est devenu un défi majeur, de nombreuses entreprises ne disposant pas de la bande passante nécessaire pour suivre l’évolution du paysage réglementaire. Enfin, la troisième partie de ce rapport couvre en profondeur les lois et réglementations qui sont importantes pour toute entreprise cherchant à naviguer dans le paysage de la conformité et de l’alerte professionnelle en France. La France et le monde: les principales différences à savoir selon les données de NAVEX La France a un taux de lancement d’alerte inférieur à celui de l’Allemagne ou à la moyenne européenne, avec des niveaux de signalement en hausse mais toujours inférieurs aux normes régionales. Il existe des preuves que les rapports français sont plus susceptibles d’être justifiés, avec plus de la moitié s’avérant vrais contres seulement un tiers qui sont attestés en Allemagne. Les rapports français sont beaucoup moins susceptibles d’être anonymes que les pratiques courantes dans d’autres pays et régions. Seulement la moitié des alertes françaises sont effectuées de manière anonyme, contre plus de deux tiers au Royaume-Uni, ce chiffre n’étant qu’en légère hausse ces dernières années. Il est suggéré que les personnes soulevant des préoccupations aujourd’hui ne le feront que s’ils soient plus confiants et directs dans leurs allégations. Les questions de RH, de diversité et de lieu de travail dominent les rapports en France. Les questions de RH, de harcèlement et de discrimination combinées ont représenté près de deux plaintes sur trois adressées aux entreprises françaises en 2023, tandis que les signalements liés aux conflits d’intérêts étaient les quatrièmes problèmes les plus fréquents et représentaient 10 % des signalements. Cliquez- ici pour télécharger le guide ultime de la conformité en France. À propos de NAVEX Des milliers de clients du monde entier font confiance à NAVEX pour les aider à atteindre les résultats qui comptent le plus. En tant que leader mondial des logiciels et services de gestion intégrée des risques et de la conformité, nous proposons nos solutions par le biais de la plateforme NAVEX One, le système d’information le plus complet du secteur en matière de gouvernance, de risque et de conformité (GRC). NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details NAVEX Anita Lo +1 617-388-5773 anita.lo@navex.com Company Website https://www.navex.com/fr-fr/

October 10, 2024 09:00 AM Eastern Daylight Time

Unlocking Elite Financial Strategies With Arta Finance

Benzinga

By James Blacker, Benzinga Digital wealth platform Arta Finance is on a mission to broaden access to sophisticated financial solutions. Traditionally, family-office-style investing was reserved for the ultra-wealthy, but many savvy investors are now realizing that this is no longer the case. Arta offers accredited investors access to elite fund managers and intelligent investment tools in public and private markets. By combining technology and deep financial expertise, Arta aims to empower individuals and families to take control of their financial futures. Expanding Access To Private Investments Arta provides investors with access to high-growth private investment opportunities such as private equity, venture capital, private credit and private real estate – products that were previously considered accessible only to institutional investors or ultra-high-net-worth individuals. For those looking to diversify beyond stocks and bonds, private investment options can offer low correlation with public markets, potentially reducing risk and improving long-term returns. Arta’s team of experts carefully curates a selection of high-quality funds from leading managers. Investors can start with minimums as low as $2,500 – which is significantly less than historically typical minimums for private funds – and low fees starting at just 0.5%. This makes it much easier for a wider audience to invest in private markets without many of the hurdles usually associated with this asset class. It’s easy to get started – it takes just a few minutes to create an account. If you need investment guidance, Arta also has investment experts available to discuss offerings in one-on-one sessions. Investing In Public Markets Outside of private investments, Arta offers an array of public market products that give investors exposure to global markets through a selection of ETFs. Leveraging advanced algorithms, Arta manages a range of diversified portfolios that align with each investor’s unique financial goals and risk tolerance. For example, the company notes that its High Yield Cash Reserve product offers a secure, high-yield cash alternative for investors looking to earn more on their idle cash while maintaining liquidity. Similarly, Arta’s Income Bonds product focuses on providing downside protection and income generation during periods of market volatility. Arta allows you to choose from a variety of algorithm-driven portfolios to match your goals and risk profile. This combination of high-tech automation and expert curation lets investors take a hands-off approach to growing their wealth. Tailored Investment Solutions Investors looking for more customization might want to consider Arta’s Structured Products. These are bespoke investment opportunities tailored for the current market environment and designed to align with specific financial objectives, such as capital preservation or yield generation. Each product has a limited investment window. Structured Products include a combination of securities and are crafted with the expertise of Arta’s investment team based on current market trends. They could be an ideal solution for those seeking a specific risk-reward approach in their portfolios. Personalized Index Portfolios Another feature that sets Arta Finance apart is Direct Indexing. Unlike traditional index funds, Direct Indexing allows investors to own individual securities within an index, offering the ability to tailor portfolios to personal values and financial goals. Investors can exclude up to 10 stocks from a given index or even create micro-indexes with up to seven key stocks. Wealth Management Services Arta also offers a suite of financial planning tools designed to help you grow and protect your money like the ultra-wealthy. Whether you want to leverage WealthGen Insurance for tax-advantaged growth, hedge your portfolio with options or optimize your tax and estate planning, Arta can help. You can also access personal assistant services to free up time and boost efficiency, all with the same elite level of service previously reserved for the ultra-wealthy. Gateway To Elite Financial Strategies More than just a digital wealth platform, Arta Finance says it offers a gateway to sophisticated investment strategies once reserved for the ultra-wealthy. Whether you want to grow your wealth in private or public markets, or if you are looking for personalized wealth management solutions, Arta uses state-of-the-art technology and investing expertise to broaden access to exclusive investment opportunities and empower investors to take control of their financial futures. Click here to learn more about how Arta Finance can help you grow and protect your wealth. Featured photo by Aura Finance from Pixabay. 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. This article is sponsored by Arta Finance Wealth Management LLC. Benzinga is not a client of Arta and has been compensated by Arta to provide this endorsement. The opinions expressed are based on the author's knowledge of Arta's services and are not indicative of future results. This article is for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any particular security. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 10, 2024 08:35 AM Eastern Daylight Time

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Aeva Enables Customers To Go Where They Have Never Gone Before – Looking Into Automated Vehicles And Network Effects From An Expanding List Of Customers

Benzinga

By Meg Flippin, Benzinga Keep a look out for more Aeva Technologies Inc. announcements here. From self-driving trucks that can safely achieve highway speeds to autonomous vehicles that can easily navigate cities, Aeva Technologies Inc.’s (NYSE: AEVA) Frequency Modulated Continuous Wave (FMCW) 4D LiDAR technology is breaking barriers, enabling its growing customer base to go where they have never gone before. Aeva’s advanced LiDAR technology uses a low-power continuous laser beam to measure range and velocity simultaneously, which it says unlocks new levels of safety and automation by instantaneously discriminating between moving and non-moving points and knowing the precise velocity of objects in motion. Instant velocity data gives real-time insight into how an object’s position changes, giving the vehicle’s computer a more accurate picture to help plan its next move. These sensors can also achieve highway speeds and do it safely. It’s something that’s eluded the industry so far, with many vehicles with automated driving functionality only achieving top speeds of 35 to 45 MPH, which is sub-optimal for highway driving. For the automotive industry to move to autonomous vehicles, it must sustain tackling city streets and importantly highway speeds safely. Reimaging Self-Driving Trucks for Safety At Scale It’s the reason Daimler Truck AG and Torc Robotics, an independent subsidiary of Daimler Truck, tapped Aeva to power its self-driving trucks of the future and enable a highway driving operational design domain (ODD). The world's largest commercial vehicle manufacturer recently inked a multi-year OEM deal with Aeva with an estimated order book of $1 billion in which Daimler is using Aeva’s sensors in its Class 8 Freightliner Cascadia autonomous truck platform. These are heavy-duty trucks that spend most of their time on interstates hauling cargo to and from major logistics hubs. The industry sees heavy-duty trucking as an area rife for autonomous vehicles given the severe shortages of drivers in that segment of the market. “There’s a strong need for something that drives on interstates at high speeds of 65 miles per hour,” says Peter Vaughan Schmidt, CEO of Torc. “That’s the problem Torc is trying to solve and found a solution with Aeva.” For self-driving heavy-duty trucks to become a reality, Schmidt says they have to be ultra-precise in understanding their environment so they can react and plan ahead, and that’s what he said Aeva’s sensors enable. That, Aeva says, is achieved through things like Ultra Resolution, a real-time camera-level image that provides up to twenty times the resolution of legacy LiDAR sensors. Another key feature of Aeva’s technology is its small road hazard detection at highway speeds. Aeva says it can detect hazards twice the distance of what is possible today. All told its sensors can see 500 meters away. On top of all that, Aeva’s FMCW technology is resistant to interference from sunlight and other LiDAR sensors, including Aeva sensors, ensuring performance across a wider set of lighting conditions and when used near other LiDAR-equipped vehicles. “We are designing to scale by year 2027 and it doesn’t mean prototype trucks, it means you can go to a Freightliner dealer and buy a Cascadia Truck,” says Schmidt. Navigating City Streets Safely But Daimler Truck and Torc aren’t the only ones that are tapping Aeva’s LiDAR sensors to take their autonomous driving platforms to the next level. May Mobility, the Ann Arbor, Michigan, company which makes self-driving cars for cities around the world, is also turning to Aeva to realize its safe self-driving plans. What May Mobility says sets it apart is its focus on creating self-driving technology that can safely handle the unexpected and plan for what may happen next on a city street. That enables the vehicles to drive safely in any situation no matter how unique. To make it a reality, May Mobility, which counts Toyota Motor Corp. (NYSE: TM) as a customer, selected Aeva to be the exclusive supplier of long-range LiDAR sensors for May Mobility’s autonomous vehicles globally. The multi-year supply agreement provides five-year volume commitments through 2028, with deliveries already begun last year and production ramping in 2025. “Aeva’s long-range 4D LiDAR technology provides unique and exciting new capabilities for our autonomous stack and aligns well with our technology and commercialization roadmap,” Edwin Olson, co-founder and CEO at May Mobility, said when announcing the deal. “We’re thrilled to partner with Aeva on our mission to reimagine transportation by developing and deploying autonomous vehicles that get people where they need to go safely and easily.” More To Come For Passenger Vehicles? Earlier this week, Aeva announced that a major European Passenger OEM selected Aeva’s 4D LiDAR for its automated vehicle validation program. The OEM will leverage Aeva’s FMCW technology, with its instant velocity data, to gather real-world data, to benchmark and validate its next-generation vehicle automation and assisted driving systems. In addition, Aeva has said it is engaged and progressing on multiple ongoing production program RFQs with global top-10 passenger OEMs, suggesting more vehicle manufacturers are looking to leverage Aeva’s FMCW LiDAR for their production vehicle programs to enable new capabilities for advanced driver assistance and autonomous systems. The company has said that some of these OEMs are expected to make award decisions in the coming months. A new major passenger vehicle manufacturer adopting Aeva’s technology in its production vehicles can be a potential massive boost for the company and cement the shift in the industry to its FMCW-based perception technology that the company has been talking about. From heavy-duty trucks to robotaxis, and increasingly passenger vehicles at mass scale, Aeva is helping its customers go beyond what they imagined before, thanks to its advanced 4D LiDAR and perception software technology. Learn more about Aeva Technologies Inc. by checking out its investors deck here. Featured photo by Emmanuel Acua 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

October 10, 2024 08:20 AM Eastern Daylight Time

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Silexion Therapeutics to Present at 2024 Maxim Healthcare Virtual Summit

Silexion Therapeutics Corp

Silexion Therapeutics Corp. (NASDAQ: SLXN) (“Silexion” or the “Company”), a clinical-stage biotech developing RNA interference (RNAi) therapies for KRAS-driven cancers, today announced its participation in the 2024 Maxim Healthcare Virtual Summit, scheduled to take place from October 15 to 17, 2024. Ilan Hadar, Chief Executive Officer and Dr. Mitchell Shirvan, Chief Scientific and Development Officer will join a fireside chat hosted by Jason McCarthy, Senior Managing Director and Head of Biotechnology Research at Maxim Group, on Thursday, October 17, 2024, at 9:30am ET. The event will be streamed live on M-Vest and accessible to members by clicking here or via following link: https://m-vest.com/events/healthcare-10152024. The Company’s management team will be available for one-on-one meetings throughout the summit. Interested investors are encouraged to contact their Maxim representative to schedule a meeting. About Silexion Therapeutics: Silexion Therapeutics (NASDAQ: SLXN) is a pioneering clinical-stage, oncology-focused biotechnology company developing innovative RNA interference (RNAi) therapies to treat solid tumors driven by KRAS mutations, the most common oncogenic driver in human cancers. The company's first-generation product, LODER™, has shown promising results in a Phase 2 trial for non-resectable pancreatic cancer. Silexion is also advancing its next-generation siRNA candidate, SIL-204, designed to target a broader range of KRAS mutations and showing significant potential in preclinical studies. The company remains committed to pushing the boundaries of therapeutic innovation in oncology, with a focus on improving outcomes for patients with difficult-to-treat cancers. For more information please visit: https://silexion.com Contact Details Silexion Therapeutics Corp Ms. Mirit Horenshtein Hadar, CFO mirit@silexion.com ARX | Capital Markets Advisors North American Equities Desk silexion@arxadvisory.com

October 09, 2024 04:30 PM Eastern Daylight Time

XYPN Marks its 10th Anniversary Amid Record Growth

XY Planning Network

XY Planning Network (XYPN), the nation’s only “Turnkey Advice and Planning Platform” for independent, fee-for-service financial planners, is celebrating its milestone 10 th anniversary—highlighting a decade of consistent, long-term growth across all metrics. Over the past decade, XYPN has led a revolutionary charge to prove that next-generation advisors can deliver advice profitably and scalably to their peers still in their accumulation years and that their clients are willing to pay for it. Today it supports more than 1,900 members who serve more than 80,000 clients. Since 2014, XYPN’s network of advisory firms has benefitted from the platform’s steadfast dedication to empowering its members and fostering their success in an ever-evolving landscape. As a result, XYPN membership has experienced an average annual growth rate of 56.7% since its inception. XYPN's Compliance team is also among the leading registrars for state RIA registrations across the country, responsible for filing 1,000 state registrations in the past five years and providing annual ADV filing support to nearly 1,000 firms in 2024 alone. “Ten years ago, the industry insisted there was no viable way to serve next-generation clients profitably, and that they would inevitably be serviced by robo-advisors. But year-over-year membership growth and retention has proven it's not only viable, it's profitable. We've seen it in our annual Benchmarking Studies, the YOY increase of State RIA registrations we file, and even the industry at large with the largest cycle of CFP exam takers in the past 12 months," said XYPN CEO and co-founder, Alan Moore. "We also see success metrics that we've been on a mission to achieve since our beginning: joy and fulfillment. When our members come together at our annual conference, XYPN LIVE, we witness the impact that having the autonomy to do work that aligns with their principles and the best interests of their clients has on them." XYPN’s advisory firms have grown along with the company. According to benchmarking data collected over the past eight years, client households' median annual growth has remained steady—with a five-year CAGR of 27.1%. Even with the economic strains of COVID-19 and the subsequent high inflationary environment, XYPN has continued to mark growth in revenue and client profitability, as well as improved client relationships and staff productivity. XYPN has taught and preached pursuing the CFP® designation and adopting a niche strategy. Today, this focus is paying off, as numbers show that CFP® certificants are outperforming non-CFP®s, and advisors with a niche are outgrowing those without a niche. Additionally, XYPN Academy's training programs further support this effort by teaching new advisors how to select and implement a viable niche that will turbocharge their growth and success. XYPN’s Benchmarking Studies have shown those with a niche focus, such as specializing in serving a particular profession or age group, have seen greater success at the scaling phase of their business—when the firm or advisor is serving 75+ clients. These advisors have enjoyed 50% larger revenue growth than advisors who serve a more generalized client base. Additionally, the service model allows XYPN advisors to meet the needs of a large yet underserved clientele: young professionals who have a healthy income while contending with significant complexities such as student loans and how to manage that burden alongside priorities like getting married and starting a family or launching a business. Throughout the past 10 years, as its members' needs have grown, XYPN has expanded its offerings to serve them better. In 2016, it rolled out a suite of compliance services and solutions, including RIA registrations, ADV updates, and compliance tax management systems, designed to reduce the time its members spend managing records and filings so they can focus more on their clients and financial planning. Two years later, XYPN introduced a bookkeeping solution, followed by XYPN Archive, developed to meet financial advisors’ specific recordkeeping and compliance requirements. In 2024, XYPN rolled out a pilot corporate RIA affiliation program, XYPN Sapphire for advisors who prefer a more plug-and-play technology and compliance system, built to serve fee-for-service advisors with no asset minimums, letting them focus on the financial planning for their clients. “As we’ve grown as an organization, we've made it a top priority to continually invest in our members by scaling to provide the support that advisors truly need,” said XYPN President Vince Hockett. “XYPN is the complete resource that provides advisors with the help they need to be successful. We’re so proud of all we’ve accomplished over these past 10 years and look forward to continuing to support financial advisors in all aspects of running their business.” About XYPN XYPN is the only turnkey advice and planning platform that makes it possible for fee-only financial advisors to build the independent firm of their dreams with complete autonomy. We do this through ongoing advocacy and access to education and training, curated technology, compliance support, community, and back-office and client support services. Contact Details For XY Planning Network Lisa Aldape, Vocatus laldape@vocatusllc.com Company Website https://www.xyplanningnetwork.com/

October 09, 2024 02:00 PM Eastern Daylight Time

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