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Clearbanc and Pencil partner to help ecommerce businesses grow using creative AI

Stockwood Strategy

Creative AI company Pencil has partnered with the world’s largest e-commerce investor Clearbanc to provide their customers with the latest innovation in online video advertising, Machine Generated Creative (MGC). These ads can be created in minutes and consistently double return on ad spend for brands. It is anticipated that companies using the Pencil platform will be able to unlock new audiences on Facebook and Instagram and grow revenue faster. MGC online video ads are generated by artificial intelligence (AI), while learning what resonates with audiences, in order to systematically deliver better results for brands. Using historic ad performance data, Pencil is able to understand what in the ad is resonating with customers. It can then generate new batches of ad ideas which are new and distinct, but which share winning characteristics with past winners. In this way Pencil learns what works while continuously exploring new ideas that could resonate with audiences. Pencil analysed over 100 campaigns that used MGC video ads and found the best MGC ads delivered an average return on ad spend (ROAS) 2x that of other ads the brands were running. One brand’s MGC campaign delivered 7x higher ROAS. Will Hanschell, CEO and co-founder of Pencil commented: “This partnership with Clearbanc underlines the success we’ve had with our Machine Generated Creative ads for brands around the world. These ads are helping ecommerce brands and agencies grow, and I am confident we can help them scale further.” This partnership announcement comes hot o n the heels of Pencil joining as a creative partner in Facebook Marketing Partners, a program that connects businesses to an ecosystem of specialists. More than 200 million businesses worldwide use Facebook’s apps to connect with customers and grow, and over 10 million of them run advertising campaigns each month. Pencil customer James Harding, Head of Growth at Lyka Pet Food commented: "Pencil gives us the ability to generate ads quickly and more importantly, come up with ideas we might not have otherwise. It's been a massive win for us essentially." Pencil leverages proprietary technology to generate ad video, derive insights and make predictions, as well as integrating the OpenAI API to generate ad copy. The OpenAI API provides access to GPT-3, one of the world’s most powerful language models. Pencil is among the first companies approved to use it commercially. This approval requires strict criteria in AI safety and ethics. Daniel Rodic, Head of Market Development commented: “Clearbanc was created to help Founders grow their businesses by using our non-dilutive capital to invest in predictable and repeatable expenses like marketing spend. Pencil’s technology offers a simple solution for brands in our portfolio to improve their return on ad spend and ultimately maximize the effectiveness of the capital they deploy.” Clearbanc has deployed over US$1.6b to more than 4,000 ecommerce and SaaS businesses. EndS Notes to the editor About Pencil Pencil is a Creative AI company on a mission to generate unexpected ideas that get results. Pencil generates ads that learn to perform, delivering the return on ad spend that helps brands scale their businesses. Pencil invented Machine Generated Creative (MGC), a new way of making ads that algorithmically optimises for creative novelty, brand relevance and return on advertising spend. It always starts from a human brief and it always involves total human editorial control. Pencil’s MGC platform generates ads in minutes and has been shown to generate ads that double returns for brands. Pencil was founded in 2018 with a team from Google, Facebook and Uber and is backed by Sequoia Capital India, Wavemaker Partners, Singapore Innovate and Entrepreneur First. About Clearbanc Founded in 2015 by Michele Romanow (Canada’s Shark Tank), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc is changing the way companies raise money by providing fast, affordable capital to online brands and B2B SaaS companies. Clearbanc’s data-driven algorithm has invested in 4,000+ companies across 50 states and backed 8x more female-founders than traditional VC. Clearbanc customers span small businesses across the United States, Canada, and the UK to some of the fastest-growing consumer brands today, like Le Tote, Leesa Sleep, Farmgirl Flowers, and Public Goods. For more information visit Clearbanc.com Contact Details Bilal Mahmood +44 7714 007257 press@trypencil.com Company Website https://www.trypencil.com/

March 17, 2021 12:00 PM Eastern Daylight Time

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“Medical Taiwan 2021” Virtual Exhibition Opens for Application

Media Outreach

TAIPEI, TAIWAN - Media OutReach - 16 March 2021 - The "Medical Taiwan 2021" will be held from July 1st to 3rd of 2021 at the Taipei Nangang Exhibition Center, Hall 2. There are 3 main themes this year: 'health', 'medical devices' and 'care'. The event showcases a comprehensive medical ecosystem from the upstream to the downstream of medical industrial chain, as well as smart technology and innovative medical solutions. This year, the whole new "Medical Taiwan Hybrid" will come across as both physical and virtual forms, breaking through limits in time and space, and reaching out to more audiences in the hope to bring in business opportunities to the medical industry from all over the world. "Medical Taiwan Hybrid" provides a wide range of networking services for all the exhibitors and buyers to experience borderless exchanges in the medical industry. We've got three packages for exhibitors to choose - basic, premium, or exclusive. Each goes with different value-added promotion services, so that exhibitors can go for the one that suits their needs the most. The 'basic' program provides products catalog demonstration, messaging, live chat and video conferencing. The buyers and exhibitors can also schedule meetings online. Medical Taiwan 2021 virtual edition will include online forum and networking opportunities for insiders in healthcare sector. It will be the most cost-effective program exhibiting around the world. The 'premium' program includes an immersive digital catalog and a 3D virtual pavilion that has a tailor-made display mode and atmosphere according to what the specific product is or how you want it to be presented, while the 'exclusive' program sets the stage for virtual cocktail parties where venture capitalists in the healthcare field, investors, employees, senior executives and distributors in the medical industry are gathered. This is an opportunity to increase your connections in a very short time. On top of its strength in information and communication technologies (ICTs) and great potential in innovation, Taiwan has managed to ward off the pandemic thanks to its strict and comprehensive pandemic responses, anti-COVID-19 technologies and products, and the collective efforts of healthcare professionals and the medical industry. It even took it one step further to export the PPE and products to different places in the world, not only contributing to this global fight against the pandemic, but also showing the efficiency and capacity of its medical services. TAITRA, the organizer of "Medical Taiwan", will continue to invite members in the industry to join in through its 63 overseas offices. It is hoped that more industrial insiders will take part in this grand event to create more drives for the global market to keep moving forward. Visit the official website for more information https://www.medicaltaiwan.com.tw/en/index.html Live Show: July 1 - 3 Virtual Show: June 24 – July 8 About TAITRA Founded in 1970 to help promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, TAITRA assists Taiwan businesses and manufacturers with reinforcing their international competitiveness and in coping with the challenges they face in foreign markets. Contact Details Media Contact Kevin Chou +886 2 2725 5200 medicaltaiwan@taitra.org.tw

March 16, 2021 09:00 AM Eastern Daylight Time

CMMC Center of Excellence Announces Engagement Agreement with DRAGOS

Interoperability Clearinghouse

The Cybersecurity Maturity Model Certification Center of Excellence ( CMMC COE ), hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public-private partnership serving the public and private sectors for more than 15 years is excited to announce a partnership with Dragos, Inc., the global leader in cybersecurity for industrial controls systems (ICS)/operational technology (OT) environments. This unique partnership will extend efforts to identify and include proven capabilities within the CMMC COE Marketplace to improve cybersecurity protection and resilience for the global defense industrial base network of contractors, vendors, and suppliers. Far too often, the cybersecurity protection and resilience discussion fails to include any true focus on industrial control systems or operational technology. Dragos has a deep bench of expert ICS/OT cybersecurity practitioners committed to helping its customers detect, prevent, investigate and respond to attacks from threat actors. “This is exciting opportunity for us”, said Mr. John Weiler, Chairman of the Board at CMMC Center of Excellence, “This new partnership will further help advance the goals and objectives for improving the supply chain security and resilience of the US Department of Defense (DoD)”. “Dragos believes the adoption of the CMMC model for ICS / OT cybersecurity is a critical step in our mission to safeguard civilization,” said Steve Applegate, Chief Information Security Officer, Dragos, Inc. “We are excited to join the CMMC COE Global Cyber Policy & Governance Working Group and lend our expertise to this vital initiative.” The executed Engagement Agreement establishes a collaborative engagement between Dragos and the CMMC COE to partner in the furthering of their respective and complementary missions and objectives regarding the adoption, use, and expansion of CMMC-based cybersecurity practices, risk management, and compliance for the DIB contractor, vendor, and supplier community of providers creating a broader CMMC ecosystem globally to improve security and resilience. Specific actions will include: Co-sponsor symposiums, training programs and podcasts leveraging their combined cyber and IT expertise. Host regular working groups, with other partners, to enable collaboration and communications. Work across industry, government, and academia to build on CMMC requirements to include and focus on attention to security and resilience of industrial control systems and operational technology. The CMMC-COE and Dragos partnership will focus on bringing together the many disparate cyber and national security communities of interest to reduce complexity, improve awareness, and accelerate industry effort to become more cyber resilient against the growing threats from nation states and criminal enterprises. The CMMC-COE establishes both a Market Place and Knowledge Clearinghouse that will include resources that support the overall effort, including white papers; tutorials; recorded webcasts; presentations; and more that will help reduce the cost and burden on small and medium size contractors already struggling from the impact of COVID. For more information on the CMMC COE, please visit http://cmmc-coe.org email info@cmmc-coe.org or call 703-863-3766 About Dragos, Inc Dragos has a global mission: to safeguard civilization from those trying to disrupt the industrial infrastructure we depend on every day. The practitioners who founded Dragos were drawn to this mission through decades of government and private sector experience. Dragos codifies the knowledge of our cybersecurity experts into an integrated software platform that provides customers critical visibility into ICS and OT networks so that threats are identified and can be addressed before they become significant events. Our solutions protect organizations across a range of industries, including electric and water utilities, energy, and manufacturing, and are optimized for emerging applications like the Industrial Internet of Things (IIOT). Dragos is privately held and headquartered in the Washington, DC area with regional presence around the world, including Canada, Australia, New Zealand, Europe, and the Middle East. For more information on Dragos, please visit https://www.dragos.com/ About Us ---------- CMMC-COE.ORG is a unique non-profit public-private partnership, with a vision to accelerate Cybersecurity Maturity Model (CMM) adoption, and reduce time & cost for security compliance for our partners by leveraging commercial best practices, CMMC standards, and innovative solutions for a measurable success. Our mission, focused on DOD mission objectives, cost containment and expeditious CMMC compliance, is to help the DIB improve cyber posture and resilience, and simplify its acquisition. The CMMC-COE is hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public/private partnership (P3) chartered in 2007 as an honest broker to reach outside the confines of the Federal IT advisories that lack dynamic reach into the Global IT Market, and dedicated to the adoption of commercial IT management standards of practice and innovations emanating from the Global IT market. Team IT-AAC has already demonstrated the value of its decade long investment, and provides a unique value to agencies seeking to achieve accelerate the transformation of legacy processes and systems. Our Just-in-Time SMEs apply an innovative suite of Technology Business Management and Agile Acquisition Processes needed to assure the business value of commercial IT. The Interoperability Clearinghouse (ICH), is the managing partner that make up the 24 NGO/SDO organizations that make up the IT-AAC. ICH provides the contract vehicles, clearances, and critical resources proven to guide sustainable, measurable and repeatable processes needed to drive better investment decisions as the speed of mission need, while aligning existing processes, methods and workforce with IT reform mandates contained in Clinger Cohen Act, FITARA, IT MGT Act, EO13838. Contact Details Bob Dix +1 703-975-6633 bob.dix@it-aac.org Company Website https://cmmc-coe.org

March 15, 2021 08:00 AM Eastern Daylight Time

Cyvatar Brings Home the Gold in the 2021 Cybersecurity Excellence Awards

Cyvatar

Cyvatar today has been recognized as the gold award winner of the Cybersecurity Excellence Awards for best cybersecurity-as-a-service (CSaaS). Such prestigious recognition is a testament to the company’s unparalleled innovation as the de facto operating system for all of its members’ security programs. Cyvatar’s all-in-one platform delivers the industry’s first-of-its-kind cybersecurity-as-a-service (CSaaS) offering. Cyvatar offers the perfect blend of technology, people, and processes so that organizations actually achieve better protection and resilience from their investments, rather than throwing more and more tools at their security problems, hoping one of them will work. “We are proud to be recognized for our revolutionary work in bringing the membership economy to cybersecurity,” said Cyvatar Founder and Chief Executive Corey White. “Today’s organizations have an average of 108 cybersecurity solutions and when breaches happen they buy even more. But buying the best lock available doesn’t make a home truly safe, and the same is true for security. Technology alone can’t deliver the results organizations need, but the right mix of technology, human capital, and proven processes can, and that’s what our CSaaS offering brings to the table.” Cyvatar’s exclusive ICARM approach adds expert advisers and successful processes to best-of-breed security tools for superior compliance and cyber-attack protection. This proprietary five-step method guarantees proper installation, configuration, assessment, remediation, and maintenance for every Cyvatar technology solution so that organizations actually achieve better protection and resilience from their investments. And because Cyvatar’s method is continuous, it protects against attack vectors that haven’t even surfaced yet. "Congratulations to Cyvatar for being recognized as the gold award winner in the highly competitive 2021 Cybersecurity Excellence Awards," said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 400,000-member Information Security Community on LinkedIn that jointly produce the awards program. "With over 500 entries in more than 90 award categories, the 2021 awards reflect the very best in today's cybersecurity industry." Cyvatar was selected from organizations around the world that vied for top honors. Its disruptive, game-changing platform delivers fast, affordable, fully managed security programs for any size business; processes designed to provide outcomes, continuous remediation, and ongoing solution maintenance; and the ability for all of its members to execute their security strategies at speed and scale. Let us revolutionize your cybersecurity. Become a free member today and get a monthly vulnerability scan for your business at cyvatar.ai! About Cyvatar Cyvatar is committed to cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is headquartered in Irvine, California with locations around the world. Begin your journey to security confidence at https://cyvatar.ai/ and follow us on LinkedIn and Twitter. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai Company Website https://cyvatar.ai/

March 11, 2021 11:45 AM Eastern Standard Time

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Cloud Conventions 2021 Redefines the Attendee Experience

Convey Services

Engagement will be the big focus of the Cloud Conventions 2021 virtual trade expo, as channel partners and professionals from across the telecom/cloud, mobility, MSP and IT services industries converge one of the largest and most innovative virtual events, May 12-14, 2021. Unlike other industry tradeshows that have failed to deliver attendee engagement and promised sales leads for exhibitors, Cloud Conventions 2021 is built on the next generation virtual event platform that redefines the exhibitor experience to allow companies to provide easy access to in-depth product information, showcase their brand with graphics and videos, create calls to action and generate immediate sales leads. "Everyone had to quickly pivot to virtual events in 2020, but there was a lack of focus on motivational design that resulted in boring, uninspired attendee experiences,” said Carolyn Bradfield, CEO of Convey Services, the platform provider for Cloud Conventions 2021. “Virtual events often deliver a stream of self-promoting webinars packaged and sold as a virtual event, when they’re really just a bunch of webinars. Cloud Conventions 2021 provides one of the most unique vendor showcase environments, coupled with content devoted to business strategy and opportunities for attendees to connect with their peers and exhibitors. Effective events need to inform, educate and engage, not just lecture. We keep attendees engaged and interested, connect them to others and give all parties a return on investment for both their time and money.” Under the umbrella of Community™, Convey’s suite of proprietary engagement tools, attendees have searchable attendee and exhibitor directories, access to discussion forums and a way to filter results to find the best match. Coupled with a message center to organize communications, booths feature one-on-one text chat along a one-click links to enter a live video discussion with booth staff. “2020 was a learning experience for everyone in what audiences expect from a virtual event,” added Bradfield. “We have to elevate our game in 2021 as tradeshows and conferences continue to have a virtual or hybrid component. Cloud Conventions 2021 makes the most of the virtual event platform powered by Convey Services. It incorporates motivational design to turn attendees and exhibitors into active participants. Attendees are invited to engage in forums, roundtable discussions, participate in networking events, register for prizes and access live or on-demand content.” Cloud Conventions 2021 is co-sponsored by TR Publications and managed by the MCI Group. MCI Group is committed to growing the Cloud Conventions 2021 event and returning in the spring of 2022 with a live and hybrid industry expo. Attendance at Cloud Conventions 2021 is free to qualified industry professionals. Exhibitors and attendees can sign up at Cloud Conventions 2021. The Cloud Conventions 2021 expo is hosted and managed on the industry-leading Cloud Conventions virtual event platform, powered by Convey Services. About TR Publications TR Publications reaches 50,000 telecom/cloud professionals from across the communications delivery community: enterprise end users, channel partners, MSPs, carriers and CLECs. It is the only publication that penetrates deeply into the core UC markets, both channel and IT management: 37,000 readers monthly by hard copy, 1,800 readers daily by online, 13,000 readers every week by eBulletin, 2,500 listeners each week by podcast. Channel readership represent the twelve largest OEM and solution providing communities, together reflecting 96% of all UC sales by revenues on equipment, services, premises, hosted, software solutions and other platforms. www.telecomreseller.com. About MCI Group MCI is a global engagement and marketing agency. We design human-centric solutions that unleash the power of people to deliver innovation and growth for our clients. Our offering includes live & virtual events, strategic & digital communications, consulting & community solutions. We help brands, companies, associations and not-for-profits solve their challenges, bringing their people together to shape their tomorrow. MCI is an independently owned company headquartered in Geneva, Switzerland, with a global presence in 60 offices across 31 countries. www.mci-group.com About Cloud Conventions Cloud Conventions is a Virtual Trade Show and Conference Platform from Convey Services that brings new capabilities to a marketplace looking for solutions to replace the thousands of live trade shows, annual conferences and association meetings cancelled in the wake of COVID-19. Cloud Conventions automates exhibitors and virtual booths, attendee registration, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity. Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com or call 888-975-1382. Contact Details Convey Services Bruce Ahern +1 770-580-0810 bahern@conveyservices.com Company Website https://cloudconventions.com

March 10, 2021 02:15 PM Eastern Standard Time

Fintech MarketFinance reaches profitability as it returns a record start to the year

Stockwood Strategy

Fintech business lender MarketFinance has kicked off 2021 with a significant increase in lending volumes. Year to date, MarketFinance has deployed over £64m in business loans and invoice finance to businesses across the UK. This is up 50% from the same period last year. As a CBILS accredited lender by the British Business Bank, MarketFinance has been at the forefront of supporting SME businesses throughout the COVID-19 pandemic. Profit landmark MarketFinance has played a pivotal role in supporting SMEs. It has provided over £2bn to the most underserved businesses, giving them access to the working capital they need. MarketFinance announced that it turned profitable in February 2021 and will continue to grow at pace as the business scales products and operations. Anil Stocker, CEO at MarketFinance said: “The pandemic has sped up digital adoption across large parts of our society. Business lending is no different. We are seeing a continuing need to provide fast, easy-to-access, digitally available funding solutions to SMEs across all sectors within the UK. Fintech lenders such as MarketFinance are well placed to help power the post-Covid economic recovery across the country.” Partnerships In reaching a wide range of businesses, MarketFinance has deepened its 2018 partnership with Barclays Bank helping more of their business banking customers with invoice finance funding. In September 2020 MarketFinance also partnered with fellow fintech Ebury to ensure SMEs across the UK were able to quickly access the emergency lending, offering loans and revolving credit facilities to Ebury’s UK SME base. Aligning with their £10m BCR commitments, MarketFinance is continuing to partner with high-street banks and business platforms to enable more businesses to access the right financial solutions for them. Anil Stocker added: “A key part of our strategy is partnering with organisations who want to improve access to finance for their business customers. Our mission has always been to give SMEs a fair playing field for them to get access to working capital. We’re now working with partners to embed our finance technology within their platforms, allowing their customers quicker and easier access to the working capital they need.” ENDS Notes to the Editor About MarketFinance MarketFinance is a busi ness finance company with offices in London and Manchester. The online platform enables businesses to access a range of flexible finance solutions - quickly and easily. This smart technology is backed by help from real people so business owners can save time and focus on growing their business. Since 2011, MarketFinance has cumulatively advanced over £3 billion to companies across a range of sizes and sectors, providing working capital and finance for everything from paying staff and suppliers to launching new products or services and accelerating growth. MarketFinance is backed by Barclays, Mouro Capital, European venture capital fund Northzone (invested in Klarna, iZettle and Trustpilot), and private equity group MCI Capital (also invested in iZettle, Azimo and Gett). Contact Details MarketFinance Bilal Mahmood +44 7714 007257 b.mahmood@marketfinance.com Company Website https://marketfinance.com/

March 10, 2021 05:00 AM Eastern Standard Time

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Cloudrise Accelerates Growth

Cloudrise

Cloudrise conquered the seemingly impossible in 2020, launching a new company amid a pandemic and economic downturn. Despite those challenges, we are pleased to announce their hard work paid off and Cloudrise is reporting a successful year one in business. Combining decades of data protection expertise with automation, Cloudrise focuses on securing data wherever it resides. Their data-centric approach to cybersecurity and use of automation enables Cloudrise to secure organizations’ data during their digital transformation journey. After launching the company in October 2019, Cloudrise went on to secure capital investments through a network of seasoned cybersecurity investors, and deliver automation-centric data protection services to over 50 customers. “The team at Cloudrise started this journey 17 months ago with an overriding focus and commitment to delivering value to our customers. Fueled by impactful partnerships and a relentless push for innovation, every day we strive to solve complex data protection and privacy problems. As we expand our data protection capabilities in the areas of in complex cloud and hybrid computing environments, as well as utilize automation to solve enterprise data protection problems, Cloudrise is well-positioned to become a global market leader in the area of scalable and effective data protection programs,” said Rob Eggebrecht, CEO and co-founder at Cloudrise. In 2021 the momentum continues to build as Cloudrise adds new customers across the globe, and expands team coverage across North America and Europe. They recently raised additional capital to help to fund growth and innovation, with the Greater Colorado Venture Fund (“GCVF”) leading significant investment in Cloudrise. The GCVF invests in early-stage startups headquartered across the state of Colorado, outside of the Front Range. “The innovative nature of the Cloudrise leadership team, and commitment to the communities of the Western Slope of Colorado, made for a perfect fit with our mission,” said Cory Finney, Partner at GCVF. In December, Cloudrise moved their headquarters from Denver to Grand Junction, CO. In doing so they have partnered with the Grand Junction Economic Partnership (“GJEP”), Economic Development Council of Colorado (“EDCC”), and Colorado Mesa University because their missions align. “Cloudrise embodies the community spirit that we seek from businesses who startup, expand, or relocate here. EDCC, an organization who promotes effective, responsible economic development, applauds Cloudrise’ decision to base its company in Grand Junction,” said Kim Woodworth, Operations Director with the EDCC. “This move will be a catalyst to growing an industry that will support Grand Junction’s effort in diversifying its economy.” One of Cloudrise’s goals is to create opportunity, revenue, and employment in rural communities of Colorado. “We are thrilled to officially welcome Cloudrise to our community. The founding team at Cloudrise has an esteemed reputation in major tech hubs like Silicon Valley and Boston. Their choice to relocate to Grand Junction will help attract more cutting-edge businesses, encourage skilled talent to move here, and grow our reputation as a rising tech hub,” said Robin Brown, Executive Director at the GJEP. Cloudrise is committed to delivering high-value, innovative solutions to its customers in the areas of data protection, automation, and data privacy, while driving opportunities for members and business partners within their community. About Cloudrise Cloudrise was founded by business and security entrepreneurs with experience in global markets, successful start-ups, and Fortune 500 companies. Combining decades of data protection expertise with automation, Cloudrise focuses on securing data wherever it resides. They assist organizations by assessing, enabling, automating, and managing their data protection and privacy programs. At Cloudrise, they are redefining data protection. Cloudrise can be found at www.cloudrise.com or on LinkedIn. Contact Details Cloudrise Jodi Lewis +1 800-917-7619 sales@cloudrise.com Company Website https://cloudrise.com/

March 09, 2021 11:11 AM Central Standard Time

Survey Reveals Historic Rise in Employee Pressure and Retaliation in the Workplace amid the COVID Pandemic

Ethics & Compliance Initiative

The Ethics & Compliance Initiative (ECI), the standard conveyor for responsible ethics & compliance practice in the workplace, today released its Global Business Ethics Survey® (GBES®) report, The State of Ethics & Compliance in the Workplace: A Look at Global Trends. The report summarizes responses from a cross section of employees around the world, and examines the continued challenges in regards to workplace culture and ethical behavior in what was an unprecedented year for business. The report marks the 27th year of implementation of the study. The report revealed a series of divergent trends, most notably the record 20-year high for employee pressure in the U.S. in contrast with what proved to be the highest percentages ever for reporting of misconduct. Additionally, retaliation for reporting reached a record high. Another important trend was the percentage of employees who say they work in strong ethical cultures which has trended up over the last 20 years. Historically the GBES research has shown that culture is positively affected by the implementation of effective ethics & compliance programs. In strong cultures, pressure, misconduct and retaliation for reporting are significantly reduced. “As we endure one of the most difficult periods in history, employees around the world are in need of attention,” said Dr. Patricia Harned, Chief Executive Officer of ECI. “While there is cause for optimism the enormity of this task cannot be overstated. The starting point is the creation and establishment of a sound ethics & compliance program, one which focuses on culture, which the research shows reduces the likelihood of wrongdoing.” Highlights of the report’s core findings: Culture strength is among the highest it has been in the U.S. in over 20 years: Slightly more than one in five U.S. employees (21%) were in workplaces with a strong ethical culture, an indication that more organizations are implementing effective ethics & compliance programs. The global median for strong cultures was 14%. Employee pressure reaches the highest level since 2000: U.S. respondents indicated a sharp increase in employee pressure, indicating more employees are experiencing pressure to violate their organization’s ethics standards than in previous years. This is likely due, at least in part, to the COVID-19 pandemic which caused significant organizational changes. ECI research has shown that periods of intense organizational change leads to increased pressure on employees to bend the rules. Employee pressure has also increased globally since ECI began surveying employees worldwide in 2015. The rate of observed misconduct has remained relatively steady over the past 20 years: Although the rate of observed misconduct in the U.S. increased very slightly since 2017, it had trended down since its peak in 2007. Global results indicate a slight increase since 2019 as well. Employee perceptions of retaliation after reporting misconduct escalates to record high: In the U.S., rates of retaliation have more than tripled since 2013; they have almost doubled globally since 2019. The Global Business Ethics Survey was fielded from August to September 2020. Employees in 10 countries were surveyed with responses from 14,000 employees worldwide. To download your copy of the report, click here. About the Ethics & Compliance Initiative The Ethics & Compliance Initiative™ (ECI™) has a mission to empower individuals and organizations to build and sustain high-quality ethics & compliance programs. Established in 1922, the organization comprises the two oldest nonprofits in the ethics & compliance industry. As an association, ECI brings together ethics & compliance professionals and academics from all over the world to share techniques, resources and exciting new ideas. Through its research, ECI identifies the practices that improve ethics & compliance program effectiveness and build institutional culture strength. ECI also has an established track record of providing support to organizations seeking to transform their cultures, often in the wake of significant challenges with noncompliance. Through its membership, ECI represents entities across nearly every industry, located in 37 countries on six continents each dedicated to promoting the highest levels of integrity. Visit www.ethics.org to find out more about our research, membership or funding the GBES. The GBES is made possible with the support of its funders: Altria, BP, Deloitte, Emergent Bio Solutions, GE, GSK, Johnson & Johnson, KPMG, Leidos, Merck and PG&E. Contact Details Brawner Communications William Brawner +1 202-329-1389 william@brawnercommunications.com Company Website https://www.ethics.org

March 09, 2021 11:00 AM Eastern Standard Time

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News Release

Statement from Nick Desai: Co-Founder of Heal

Nick Desai

The following is a statement from Nick Desai, Co-Founder of Heal: " It's with great sense of appreciation and high hopes for the future that I announce I've stepped down as CEO of Heal. As I catch my breath from Heal, I am thinking about who's going to create the healthcare solution that is used not by 100,000 or one million, but rather 100 million Americans. In the six years of building Heal and my 30+ year professional career, I know more than anything that education and equal access - especially to Americans who are economically or demographically disadvantaged, ethnic minorities and others who struggle with getting even the most basic healthcare - are desperately needed and my hope is to help improve access to innovations and information that will help them, most of all. It was recently reported that 85% of telehealth users come from households with an income over $150,000 - meaning much work remains in creating truly accessible, effective solutions that are equally and easily available to those who need it most. As of now, I am an entrepreneur again. And, of course, I am an enthusiastic supporter of Heal, its team and mission. I am incredibly proud of what my wife and Co-Founder, Renee, and I built at Heal. We transformed healthcare with innovat ive solutions like doctor house calls, one-touch telehealth and upfront price transparency, that enable better healthcare for all. Looking back and seeing things we invented as industry standard best practices is very gratifying. While my role as CEO has been passed on to my successor Scott Vertrees, Renee remains the Chief Medical Officer of Heal and driving force of Heal's continued innovations and of the excellent, life-changing patient care Heal delivers every day. More than the awards Heal won, or the investors I brought to Heal, such as Lionel Richie, Fidelity, Breyer Capital and Humana, or the 250,000 patients we have served, I am most proud of the dozens of letters, postcards and emails from everyday Americans saying we saved the lives of their parents, kids and loved ones. Thank you to everyone who's contributed to the growth and success of Heal. Looking back, I can barely imagine we went from Renee and I going house to house to Heal being available to nearly 150MM Americans in 11 US States. I look forward to the future and know Heal will continue to do great things as I focus on helping solve more problems impacting healthcare in America." Contact Details NRPR Group Nicole Rodrigues +1 424-421-9610 nicole@nrprgroup.com

March 09, 2021 05:00 AM Pacific Standard Time

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