News Hub | News Direct

Entertainment

Animation Dance E-Sports Entertainment/Celebrity Film Music Radio Restaurants Sports Television Theater Video Virtual Reality
Article thumbnail News Release

HowToBet road to the Superbowl - It’s the underdog year

HowToBet.com

After 272 regular season National Football League games (the most ever), and another 12 playoff contests, we are pretty sure that most of you know How to Bet. But with the biggest game still left, now is not the time to get cocky: this is the time to seek even more guidance, as you try to navigate the betting market that is the Super Bowl. Thankfully for all bettors, whether they are new to the game (welcome Louisiana, and of course, all my New York people) or grizzled veterans of the sports betting new wave (since way back in 2018), How to Bet podcast co-hosts Daryl Fein and Sean “The Genius” Miller (as well as the whole cast behind the scenes) will work until the final minutes before kickoff on Sunday, February 13 trying to give bettors the most up-to-date betting information. “The weeks off before the Super Bowl are always loaded with hype,” Fein said. “We are going to try and break through that hype and come up with solid prop bets, break down the game, and lead you to the money.” The regular season was very interesting, but was just an appetizer for what has happened so far in the NFL playoffs, which many have already proclaimed as the best in the history of the league. The Wild Card Round got rid of the pretenders, and set up the most intriguing 36 hours of action ever: all four Divisional Round games went down to field goal on the final play of the games, with three won, and a fourth heading to overtime. Both top seeds, Green Bay in the NFC and Tennessee in the AFC, fell, which set up two fantastic Conference Championship contests. Cincinnati, which you could have gotten before the 2021 season at odds of +6500 (65/1) to win the AFC and +20000 (200/1) to win the Super Bowl, stunned Super Bowl favorites Kansas City in the AFC Championship game, winning 27-24 in overtime to clinch its first trip to the Super Bowl since the 1988 season. That victory won bettors who backed the Bengals early, and even once they clinched the AFC North, a lot of money: a win in the Super Bowl will make some early backers very wealthy. “What can you say about the Bengals, other than they definitely earned it,” Miller said. “Of course, I had backed Kansas City on my main ticket way back in October at 16/1, so I was a little bit shocked. But when Andy Reid did not kick that field goal at the end of the half, I thought it could come back to haunt the Chiefs. It did. “But this guy Joe Burrow is a winner. Ja’Marr Chase is a winner. Both led LSU to its best season ever and the National Championship two years ago, and have a chance to add another trophy to their haul. You have to remember, Burrow tore his ACL last November in his rookie season, after he came in with so much hype as the reigning Heisman Trophy winner. There were a lot of people who said he was a one-season wonder in college, and now he is the first top pick to go to the Super Bowl in two years or less. “Cincinnati won four games last season, and is beat up all over the place. Wait until they get healthy!” And then, of course, you have the Los Angeles Rams, who became the second team ever to host a Super Bowl (and the second in a row after Tampa Bay). Stan Kroekne gets to show off this fantastic new SoFi Stadium, and possibly win a NFL title. LA had to beat the San Francisco 49ers for the first time in seven games to do it, and it was a titanic struggle, but they got back to the Super Bowl for the second time in four years after mortgaging the future to win now. “Look, if the Rams did not win the NFC–and maybe Super Bowl LVI–this would have been a disaster of a year,” Miller said. “They picked up Super Bowl LV MVP Von Miller, Jalen Ramsey, Odell Beckham Jr., Matthew Stafford, and others to make this run, and it has worked out. Just. I am not sold on the play calling right now, but I think we all knew LA would be one of the favorites to win the NFC before the season. “I think this has the potential to be one of the best Super Bowl games in recent memory, and it is going to be a hot ticket in Los Angeles.” Speaking of the ticket prices, right now, they are going for north of $6,000. With the Bengals in for the first time since the 1988 season, and the Rams hosting, there is going to be a lot of big money changing hands for those lanyards with the big tickets in them. About HowToBet.com HowToBet.com offers one of the world’s most comprehensive betting guides that can be accessed via a user-friendly web app. Its mission is to help make online betting safe, fun and as easy as performing a search on the web. There are already more than 400+ how-to guides freely available, all written by seasoned betting professionals. More guides are being added on a weekly basis in a continued effort to educate anyone interested in what is now a $199 billion betting industry. For more details, visit: https://www.howtobet.com/about-us/. Contact Details Cristian Campan +45 50 30 42 66 cristian.campan@raketech.com Company Website https://www.howtobet.com

February 02, 2022 07:45 AM Eastern Standard Time

Article thumbnail News Release

Kramer acquires UC Workspace in strategic move to expand the boundaries of collaboration

Kramer Electronics

Kramer Electronics Ltd. announced today the acquisition of UC Workspace (UCW), a pioneer and leader in unifying collaborative experiences. Uniting UCW’s and Kramer’s technology and product portfolios under one roof creates new and unique opportunities to bring a new level of simplicity, automation and collaboration to Enterprise and Education customers. UCW products facilitate engagement across multiple platforms, providing intuitive ways to communicate, control and collaborate. Its award-winning Quicklaunch software solution enables people and organizations to seamlessly engage across multiple UCC platforms. It is the fastest and most secure and intuitive way to launch and control any meeting regardless of conferencing provider. With its upcoming WEAV content and interaction platform and UCCentral software, which provides unparalleled insight and control of workspaces, devices and apps, UCW innovation is helping organizations boost productivity across multiple dimensions. “This acquisition is the latest step in our journey to reinvent the collaboration experience,” said Gilad Yron, Kramer’s CEO. “It is a power-up in our commitment to creating new ways for people to engage and collaborate more intuitively, simply and inclusively, and with that, to bring more layers of productivity to our customers.” He continued: “Bringing UCW into the Kramer family accelerates our drive to build a market-leading product and R&D organization. It’s a perfect fit with our existing technologies and our innovation plans for the new physical-digital world.” Angela Hlavka, CEO of UC Workspace, said: “Having created the market for unified collaborative experiences, we are thrilled to take UCW technology and partner network to a new scale. This will benefit all our customers, through a broader range of solutions, new technologies and market-leading customer support. We are delighted to join the Kramer family on this exciting journey toward better and more productive collaboration for all.” About Kramer We’re dedicated to delivering better, smarter solutions that enhance physical-digital engagement and collaboration. Kramer solutions are based on our cutting-edge products and technologies for traditional AV, AV over IP, unified communication and collaboration (UCC) and wireless collaboration, and advanced management and control. www.kramerav.com About UCW UC Workspace is a leading global provider of unified collaboration solutions, helping companies move beyond traditional meeting rooms to inspiring workspaces that improve collaboration, sharing, communication and technology integrations. UC Workplace works with multiple meeting providers and are agnostic to applications and hardware. Platinum Partners have optimized customized versions of our flagship Quicklaunch application. www.ucworkspace.com Contact Details Ornit Sade Benkin +972 52-332-7700 osade@kramerav.com Company Website https://www.kramerav.com/

February 01, 2022 12:00 PM Eastern Standard Time

Article thumbnail News Release

EBY - the Authority in Seamless Underwear - Welcomes Rosario Dawson As Latest Investor

EBY

Women’s empowerment & tech apparel company EBY welcomes actress & entrepreneur Rosario Dawson as the brand’s latest investor. In September, EBY announced that they raised $6M in Series A funding, led by Dallas based investment firm Colt Ventures. The brand is pleased to complete their Series A financing with Dawson, joining past investors like venture capitalist firm Azure Capital (which boasts a portfolio that comprises of Native Deodorants, Bouqs and Sleep 8), Robert DiRomualdo (Chairman of Ulta Beauty), Ken Goldman (former CFO of Yahoo), Duncan Neiderauer (former CEO of the New York Stock Exchange) and Venus Williams. An entrepreneur herself, Rosario Dawson’s commitment to EBY is not her first venture into the lifestyle space - she is also the Co-Founder of female-artisan-produced, CFDA + Lexus Fashion* Initiative-winning fashion brand Studio189. EBY Co-Founder Renata M. Black and Dawson have been friends for years, establishing a resilient bond over their life-long unwavering dedication to the empowerment of women, and being fellow co-owners of Latinx founded businesses. EBY and Studio 189 have also partnered in the past in a product capacity - collaborating on a limited-edition release of special Studio 189 prints on EBY’s signature seamless undies. "I’ve long admired Renata’s strength as an innovative leader and very much believe in her mission of empowering women through microfinance. I’m excited to now be a part of this brand’s incredible growth and help Renata’s vision come to life.”- Rosario Dawson. EBY is utilizing the funding to introduce innovative products and adding real value at every touch point of the customer journey - continuing to honor the brand’s foundational mission of the empowerment of women through microfinance, small loans that enable an underprivileged woman to start or grow her own business. In turn, the woman becomes self-sufficient, breaking the cycle of poverty for herself and her children. By the end of 2022, EBY will have empowered 40,000 women and children out of poverty and into impact with close to 2 million dollars in microfinance funding. EBY repositions underwear as a tool for empowerment rather than one of seduction - as represented in their latest marketing campaign, ‘Feels Like This.’ The ‘Feels Like This’ Campaign is a post-pandemic social movement to ‘stop the scroll’ with a breath of emotion. ‘Feels Like This’ presents the sentiment people are scrolling for - encouraging them to embrace their ‘naked’emotions, enabling themselves to be ‘intimate’ again. The campaign features EBY’s innovative new Invisible Cotton 2.0 Collection - the first ever truly seamless cotton underwear that’s unlike any underwear on the market. The collection features cotton panties & bralettes that utilize EBY’s uniquely applied, no-slip-grip flocking technology. An upgraded fabric category for the brand, EBY spent the last year finding, testing and developing the best cotton blend fabric that they could apply their signature flocking to, in order to re-launch truly Invisible Cotton - an almost impossible feat for the fabric. EBY cotton seamless undies have a clean finish edge with no elastic, allowing for a seamless finish with no digging and no panty lines. The unique cotton-blend stretches with the wearer and never loses its shape. In addition to the Seamless Cotton Collection, EBY is launching additional premium collections, a period underwear, and a mesh collection throughout the rest of next year. “Throughout the years, Rosario and I have been in lock-step with our relentless and unapologetic pursuit of leaving this world better because we were here. What is so special about now, is that our paths have crossed - making us that much stronger and that much more unstoppable. I have had the fortune of calling her a friend, and have witnessed first-hand that she is a ride or die kind of lady. From the roles she plays, to the epic mother and entrepreneur she has become, everything she does has a transformative impact. With EBY it is no different. I am beyond thrilled to have her on side.” - Renata M. Black, Co-Founder Prices for the Seamless Cotton Collection range from $15-$45 For more information on EBY, please visit https://shop.join-eby.com. Co-founded by entrepreneur Renata M. Black in 2018, EBY is the ‘authority in seamless underwear’ - utilizing uniquely applied, no-slip-grip flocking technology to their seamless panties and bralettes. Body-inclusive EBY offers seamless underwear in sizes XS-4XL, servicing over 100 million plus-size customers who cannot shop at some of the largest retail stores in the U.S. EBY’s membership program also offers consumers an underwear subscription box with exclusive product and members-only pricing. The direct-to-consumer company’s core mission is female empowerment - not only through their offerings to their loyal subscribers and shoppers, but also by supporting women in poverty through the power of microfinance. 10% of proceeds from EBY underwear sales go to the Seven Bar Foundation to empower women through microfinance: small business loans to women in poverty that lead to incredible outcomes. By the end 2021, EBY will have impacted over 15,000 women and children out of poverty into business. Contact Details OGAKI Amber Cardullo acardullo@ogakidigital.com Company Website https://shop.join-eby.com

February 01, 2022 10:20 AM Eastern Standard Time

Image
Article thumbnail News Release

iTradeNetwork Introduces Next-Gen Freight Solution for a Smarter, Faster, Fresher Supply Chain

iTradeNetwork

iTradeNetwork, the industry’s largest perishables network with over 8,000 food and beverage trading partners, proudly announces its next-generation transportation solution Freight —a streamlined way to combat the chaos of the present landscape, improve delivery performance, and maximize margins on every order moving through the supply chain. The pandemic radically altered consumer food spending habits, with an extraordinary rise in e-commerce sales and omni-channel experiences. This demand shock, combined with labor and equipment shocks in the logistics sector, has left fresh suppliers, buyers, and carriers reeling from unprecedented capacity and rate pressures when moving food across the supply chain. For consumers, this has resulted in empty shelves and substitutions. With 33 percent more consumers cooking more at home, pressure on buyers to prevent out-of-stock situations will only grow and companies that plan procurement and freight together have an advantage over those looking at them separately. Meeting demand and maintaining customer loyalty starts with building smarter supply chains and solutions that help businesses make smarter decisions, like iTradeNetwork’s new Freight solution. Freight is designed to help growers, shippers and buyers make the best margin-saving decisions in a chaotic environment by providing complete route planning, cost visibility, load building and load optimization prior to sending a purchase order so logistics can be a part of the overall purchasing decision. Its intuitive look and feel powers a simplified experience that makes decision-making easier, faster and smarter. With Freight: Build more profitable loads: combine purchase orders to optimize loads with automatic recommendations and safeguards to prevent costly product loss, using a best-in-class, intuitive look and feel. Build loads faster: smarter optimization–predictive loads, automatic recommendations for the best carriers, and real-time updates. Maintain constant visibility: leverage Freight’s bird’s eye view of every aspect of a product’s journey. “In today’s environment, Wayne Gretzky’s advice comes to mind: ‘Skate to where the puck is going, not where it has been.’ We believe a lesson companies in the food supply chain can take from the pandemic is that logistics needs to be as proactive and strategic as possible instead of reactive. Our Freight solution moves it in that direction. Built on our industry-leading procurement platform, it simplifies combining purchase orders into loads, recommends optimal loads, and helps procurement and freight planners make the best decisions possible to secure the maximum margin on every purchase order,” said Nathan Romney, chief product officer for iTradeNetwork. To learn more about Freight, visit itradenetwork.com/itradefreight/ or contact sales@itradnetwork.com. ABOUT ITRADENETWORK iTradeNetwork, Inc. (ITN) is the leading global provider of supply chain management solutions for the food and beverage industry. Built upon deep industry expertise, a rich data foundation and the industry’s most extensive trading partner network, iTradeNetwork’s collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers, and wholesalers of all sizes to reduce cost, grow revenue and strengthen trading partner relationships. Today, iTradeNetwork’s growing customer list includes thousands of global companies. For more information, visit: www.itradenetwork.com. Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 itn@landispr.com Company Website https://www.itradenetwork.com/

February 01, 2022 06:02 AM Pacific Standard Time

Article thumbnail News Release

BitX Funding Triumphs With Record 2021 Results

BitX Funding

Fairfield, CT., January 24, 2022— BitX Funding, one of the most prominent alternative lenders in Southern Connecticut, announced a banner year for growth in 2021. Overall, revenue went up 10%, new users increased by 70%, impressions went up 300%, and business applications came in at a rate of 1,275% more than the previous year. Out of all the loans that BitX sold, Startup loans had the highest increase. “Our economy saw solid growth in small business lending and the startup loan category lead the way due to the great resignation”, said Todd Rowe, president of BitX Funding. “We continue to grow BitX revenue with support from internal sales, record marketing results, CT Innovations mentor support, and our raving fans. Our 2022 goals are to continue to build out our lending platform, grow our lender base, obtain our own lending facility, and drive client growth. Our goals are to increase revenue by 160%, have a 133% increase in units sold, and a loan amount increase of 200% in 2022.” Rowe continues to promote his company as a marketplace for small business loans, especially with young entrepreneurs. With one click, you can get a response to your loan request within 24 hours. That makes BitX Funding a partner you can trust in 2022. BitX Funding is an omnichannel marketplace for alternative small business loans and business insurance. BitX connects their clients with the right loan and lender from SBA 7a, start-up loans, short-term loans, mid-term loans to merchant cash advances and business lines of credit. BitX is where lenders compete for your business. Our top-rated lenders focus on real-life business data and cash flow, which means you can qualify for small business loans even if your credit score isn’t perfect. We care about small business and it’s our mission to secure the right funding when you need alternative small business loans within our small business loan marketplace. Contact Details BitX Funding Todd Rowe +1 203-763-1430 info@bitxfunding.com Company Website https://www.bitxfunding.com

January 27, 2022 01:05 PM Eastern Standard Time

Article thumbnail News Release

SwingJuice Apparel swings into 2022 by Exhibiting at The PGA Show

SwingJuice

FOR IMMEDIATE RELEASE SwingJuice Apparel Swings into 2022 by Exhibiting at The PGA Show Pawtucket, RI – January 24, 2022- SwingJuice.com, a lifestyle clothing and apparel brand, will be Exhibiting at the 2022 PGA Merchandise Show in Orlando, FL January 25-28, Booth 3865 to Launch their New Line of Custom Performance Polos. “We are So Excited to be back at the Show and give people a true Taste of what the SwingJuice Brand and SJ Life is all about,” said Jon Mason, Founder and Creative Director at SwingJuice. “Our New Line of Performance Polos and golf inspired gear are exactly what Golf Retail has been looking for, I’m beyond thrilled to Show it off to the World.” SwingJuice has been rapidly expanding into Green Grass and Brick & Mortar Retail during the past year in addition to having their entire collection being available at swingjuice.com. SwingJuice has developed a rabid Fan Base that has long been wondering when the launch of High Quality Performance Polos would happen, the answer is here. “The Quality of our Performance wear has far exceeded our expectations and thus our Customers should absolutely Love them,” says SwingJuice CEO Steve “Dakota” Happas. “This next phase for SwingJuice will continue to bring High Quality gear, fun designs and an overall Great vibe to the Industry. Can’t wait to see what the Future holds” The PGA Merchandise Show is happening January 25-28, 2022 at the Orange County Convention Center in Orlando FL where SwingJuice will be exhibiting at Booth 3865. If you happen to be at the Show and would like to Book an appointment to view the Entire SwingJuice Collection please contact Wholesale Director Cindy Belden at cindy@swingjuice.com. FOR IMMEDIATE RELEASE ABOUT SWINGJUICE: SwingJuice is a golf-inspired clothing and apparel brand that trailblazed the philosophy that molds were made to be broken and that clothing should be a conversation-starter. SwingJuice apparel allows consumers to display their passion for sports in a more fun, unique and approachable way. SwingJuice is also a community – established through the love of golf and expanded through the passion for all sports. The staff at SwingJuice are sports junkies just like the consumers they serve and they are always dreaming up new ways to bring unique personality to the products they design.For more information, please visit www.swingjuice.com. Keep up-to-date with all of the SwingJuice news on social media: Instagram: https://www.instagram.com/swingjuice Facebook: https://www.facebook.com/swingjuice YouTube: https://www.youtube.com/swingjuice Contact Details SwingJuice Jon Mason +1 781-710-9374 jon@swingjuice.com Company Website https://www.swingjuice.com

January 24, 2022 01:00 PM Eastern Standard Time

Image
Article thumbnail News Release

Aver, the World’s First Fully Decentralized Web3 Betting Platform, Closes $7.5M Seed Funding Round

Aver

Aver, a decentralized peer-to-peer betting exchange built on the Solera blockchain, today announced it raised $7.5 million in seed funding. The raise was led by Jump Crypto, which along with its affiliate Jump Capital, is a key player in both the crypto and sports betting venture capital domain. The project also drew backing from other venture capital heavyweights, including Mirana Ventures, Susquehanna International Group, Genesis Block Ventures, Serum Ventures, Blue Pool Capital, MEXC, Gate.io, Petrock Capital and Solar Eco Fund. The seed round will be used to help bring the world’s first decentralized Web3 betting platform to market as well as fund development and legal regulatory operating costs. The platform expects to launch in mid-2022, after a closed beta in Q1 2022. The innovation underlying Aver is a blockchain protocol which enables peer-to-peer matching of bets in a way that does not require a ‘trusted middleman’ - as is the case in a traditional bookmaker or exchange such as Betfair. This enables betting at a fraction of the cost as compared and eliminates counterparty risk. Aver has ambitions to move to an open-source structure over time, allowing for third parties to build applications on top of the technology, such as new features, interfaces and markets, and supporting the continued development of the Aver ecosystem. The investor line-up represents some highly strategic investment partners for the ambitious early-stage project - including heavyweights in both the sports betting and crypto trading domains and connections to some of the world’s largest crypto exchanges. Peter Johnson, Partner at Jump Crypto - “At Jump, we are excited about the future of Web3, sports betting, and the confluence of these two areas. We believe Aver’s approach to decentralized sports betting can increase transparency, reduce costs, and enable operations at a global scale.” Dean Carlson, Head of Digital Asset Investments at Susquehanna - “Aver brings real innovation to the betting industry. Its open and decentralized mechanism of exchange has the potential to really disrupt the traditional betting markets - facilitating more fluid trading, greater price transparency and returning a significant chunk of the profit margins back to users.” David Toh, Partner at Mirana Ventures - “In many respects, blockchain and Web3 technology is still in its infancy, and we are still in the early stages of wider adoption. Part of the challenge ahead is designing a product that offers users all of the many benefits of decentralization - but without any compromise to user experience and ease-of-use versus traditional platforms. From what we’ve seen to date, we are confident that the Aver team can deliver on that.” The Aver platform is built on Solana - a blockchain network which has gathered much attention in recent months, as it boasts transaction costs and processing times approximately 1/1,000th of that on Ethereum. The team behind Aver has already brought a proof of concept technology to fruition as part of the Solana Ignition Hackathon, claiming a top spot and recognition among the hundreds of promising applications of the blockchain technology in the decentralized finance (‘DeFi’) space. For more information on Aver, please visit the project on Twitter @AverBet or at aver.bet. ABOUT AVER Founded in 2021, Aver is a decentralized peer-to-peer betting exchange built on the Solana blockchain and the world’s first decentralized Web3 betting exchange. Contact Details Hot Paper Lantern Michael Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://aver.bet/

January 24, 2022 09:01 AM Eastern Standard Time

Article thumbnail News Release

Spotlight Sports Group Announces Title Sponsorship of the FSGA Winter Conference

Spotlight Sports Group

Spotlight Sports Group, a world-leading technology, content and media company specializing in sports betting and fantasy sports, announced the company will be the title sponsor of the upcoming Fantasy Sports & Gaming Association (FSGA) Winter Conference at the LINQ Hotel in Las Vegas on Feb. 15-16. The FSGA Winter Conference brings together fantasy sports, sports betting and gaming executives from across the world to network and discuss major trends in the marketplace, new technologies and emerging legislation and regulation impacting the entire sports gaming industry. In addition to breakout panels and keynotes, the conference features an awards ceremony and an innovation pitch competition. Spotlight Sports Group’s SVP of Business Development, Rick Wolf is a founding member of the FSGA and will co-host the event. As the title sponsor of the event, Wolf will also provide the opening remarks to start the conference focused on the massive expansion of sports betting and gaming set to take place for 2022. “With the emerging legalization of sports betting across America, specifically in states with large populations like California and Texas, companies have a limited time to take advantage of the gold rush. In 2022 alone, we’re predicting the number of American sports bettors with legal access to sports betting could double, from less than 40% to close to 75%,” said Wolf. “This year’s conference will explore all the ways businesses can innovate and create sustainable revenue streams before it's too late to scale efficiently.” In addition to the title sponsorship, the company will co-sponsor a free-to-play game for all attendees alongside the FSGA. Spotlight developed the free-to-play game through its self-service game engine. The game concept provides the FSGA audience a proof of concept of how companies can quickly bring to market a coveted user engagement tool like free-to-play games. The prop-style free-to-play game will be available to all attendees and will feature a prize of an autographed NFL jersey. “For more than 20 years, the FSGA has been at the forefront of progress for the fantasy, sports betting and gaming industries,” said Harry von Behr, Spotlight’s managing director of sport and co-US CEO. “Spotlight is one of the only companies to provide a full-service technology and content offering across the entire fantasy sports, sports betting and gaming industries. The sponsorship is a natural extension of our capabilities, providing value and insights to all those in attendance.” For more information regarding the conference and other attendees here: https://thefsga.org/fsga-winter-conference/ ABOUT SPOTLIGHT SPORTS GROUP Spotlight Sports Group (owned by Exponent Private Equity) is a leading technology, content and media business specializing in sports betting. Evolved from the Racing Post Group, Spotlight Sports Group engages millions of people directly through Racing Post, Pickswise, Free Super Tips, Fantasy Alarm and myracing. The company also has decades of experience in powering growth and conversion for the world’s biggest sportsbooks and media companies, delivering best-in-class technology and expert scalable content experiences in more than 70 languages. Contact Details Michael Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://www.spotlightsportsgroup.com/en_us/

January 20, 2022 12:08 PM Eastern Standard Time

Article thumbnail News Release

iTradeNetwork Launches Network-as-a-Service (NaaS) Solution to Enable Faster, More Collaborative, Data-Driven Food and Beverage Supply Chains

iTradeNetwork

iTradeNetwork, the industry’s largest perishables network with over 8,000 food and beverage trading partners, proudly announces the launch of its Network-as-a-Service (NaaS), a new way for companies to collaborate, transact, and drive more profitable supply chains. Network-as-a-Service quickly establishes trading connections between any two companies in the food and beverage industry to meet the evolving and timely demands of today’s environment. In the last two months, more than 60 new enterprises—including industry giants Trader Joe’s, Aldi and MBM/McLane—have joined iTradeNetwork’s industry-leading network to trade with the thousands of companies already on the network. NaaS offers more than just trading connections. It includes capabilities for buyer-mandated Advance Ship Notices (ASN); allows adherence to regulatory mandates in the U.S. and Canada like the recent Bioengineered Food Disclosure Standard and the Safe Food for Canadians Act; provides superior quality via fresh inspection and reduces transportation costs through enhanced freight capabilities. To remain competitive and improve resilience, buyers and sellers need the simplicity of one trading network and a single supply chain analytics hub. This eliminates second-guessing and back-office rework. Network-as-a-Service provides all this and more: Immediate connectivity to any retail grocer or foodservice distributor. Get paid faster and reduce back-office rework: benefit from industry-best invoice matching rates in excess of 97 percent and eliminate manual reconciliation that delays payment. Be more responsive: quickly meet emerging regulations or buyer mandates such as Advanced Ship Notices, the U.S. Bioengineered Food Disclosure Standard, Safe Food for Canadians Act, FSMA 204 and more. Analytics and insights: take decisive action with supply chain health monitoring, opportunity and trend identification, anomaly management, and contract and pricing evaluations. Collaboration with trading partners: communicate with in-app real-time messaging instead of phone calls and emails. Act quickly on P.O. changes, complete with audit trails. “Today’s supply chains are more complex than ever, but they should not require equally complex tech stacks to manage them. Network-as-a-Service not only connects suppliers and buyers quickly so they can start transacting, but it also provides add-on modules for traceability, freight and other solutions to help suppliers compete and achieve supply chain resiliency,” said Nathan Romney, Chief Product Officer of iTradeNetwork. To learn more about Network-as-a-Service, contact sales@itradnetwork.com. ABOUT ITRADENETWORK iTradeNetwork, Inc. (ITN) is the leading global provider of supply chain management solutions for the food and beverage industry. Built upon deep industry expertise, a rich data foundation and the industry’s most extensive trading partner network, iTradeNetwork’s collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers and wholesalers of all sizes to reduce cost, grow revenue and strengthen trading partner relationships. Today, iTradeNetwork’s growing customer list includes thousands of global companies. For more information, visit: www.itradenetwork.com. Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 itn@landispr.com Company Website https://www.itradenetwork.com/

January 19, 2022 06:01 AM Pacific Standard Time

1 ... 145146147148149 ... 205