Digital Asset DirectNews Media Group, Inc.
Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/
January 06, 2023 07:00 AM Eastern Standard Time
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Digital Asset DirectNews Media Group, Inc.
Contact Details News Media Group Karl Wayne +1 561-602-5626 karl@newsmg.com Company Website https://newsmg.com/
January 06, 2023 06:00 AM Eastern Standard Time
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Digital Asset DirectARway
Contact Details Proactive Canada Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com
January 06, 2023 12:14 AM Pacific Standard Time
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News ReleaseVerità Telecommunications Corp.
Verità Telecommunications closed off 2022 with the acquisition of Taylor Telecommunications Inc. Taylor Telecommunications, founded by Tam Taylor has been in the industry since 1978, offering Outside Plant Services (OSP) for seamless communications. The result of two close-knit, family-based companies coming together is credited to the commitment of the Taylor and Verità teams. “More than profitability, it is about prioritizing the people and culture of the organization to succeed with continued progressive growth and development for our team and our clients,” said Verità’s President, Michael Falsetti of the acquisition. What this means in terms of growth and advancement for Verità includes Taylor’s 130 employees, trucks, tools and equipment, with added coverage in Cleveland, Akron, Youngstown, and Columbus. This expansion is expected to create an additional 100 jobs in the Great Lakes Region as well. In addition, the acquisition is expected to be a 70% revenue increase for the company in 2023. We look forward to welcoming the Taylor team to the Verità Family. Together we will serve Ohio, the Great Lakes Region and the Southeast Region with an increased depth of service, expertise and expanded team. Earlier this year, Verità Telecommunications announced the purchase of Nomad Tower Services, which included a $10 million investment in a new facility in Michigan. Like the Nomad Tower Services, LLC acquisition, Taylor Telecommunications will continue to operate as a division of Verità Telecommunications. “Bridging the digital divide is crucial to the growth and advancement of our communities in the Great Lakes and Southeast regions. The continued expansion of Verità brings the strengths and expertise of longstanding telecommunication companies together to provide a full scope of services to the region”, said Michael Falsetti. Verita will continue its expansion in the Great Lakes and Southeast Region this year through organic and acquisition growth with, yet another transaction slated in late Q1 of 2023. We believe this growth enhances opportunities for our employees and allows us to provide single source large turnkey solutions for our customers thereby strengthening our relationships. Verità is a family-owned business that operates on the philosophy of a collective commitment with the team that is valued and recognized as an important part of the success of the business and Verità clients. These values extend outside of the company through the many community initiatives that Verità supports. “Taylor Telecommunications has been connecting our community for 40 years. As we move forward together with Verità our teams will continue to provide seamless connectivity with expanded capabilities across the Great Lakes and Southeast region,” said Tam Taylor, Founder of Taylor Telecommunications. Verità Telecommunications currently provides single source solutions for telecommunications providers such as AT&T, Verizon, Charter, Everstream Solutions, Comcast, T-Mobile and Dish in several other states including Illinois, Michigan, Indiana, Missouri and other areas in Ohio. With advanced equipment, state-of-the-art technology and a skilled team, Verità is dedicated to becoming a seamless part of the success of each project. From Design and Engineering to wireline and wireless construction, Verità ’s full scope of services and team are focused on building the future of infrastructure to support continued access to reliable connectivity, regardless of location. About Verità Telecommunications Corporation Plymouth, Michigan-based Verità Corporation is a turnkey telecommunications contractor offering a one-stop shop for design and construction of telecommunications networks. Verità provides tomorrow’s communications infrastructure today. Learn more about The Verità Way™ in thought, action, and operation at www.veritàcorp.com. Contact Details Amanda Iera +1 313-571-1858 aiera@experiencedmg.com
January 05, 2023 03:39 PM Eastern Standard Time
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News ReleaseOV Loop
OV Loop announces the launch of its Community Empowering Super-App Platform at CES, the Consumer Electronics Show, January 5-8, 2023, in Las Vegas. The team will showcase its platform with omnichannel commerce tools for brands and a private wallet & messenger for people at booth #3561 LVCC West Hall, the OV Loop app is now in beta and available for download. Super-Apps have been in the press a lot recently, with Musk, Dorsey, Zuckerberg, and major tech players all wanting to own one. Two super-apps already dominate commerce in China with $70T+ in turnover, but not one has emerged in the U.S. despite 8 years of Apple Pay, Google Pay, and Samsung Pay. Why? OV Loop CEO Will Graylin, former Global Co-GM of Samsung Pay, explains, “A true U.S. super-app will emerge, it just won’t be from big players that exploit people’s data to disintermediate brands, nor from walled gardens that require people to change their phones, or merchants to change their POS to get their service. This Web2 DNA of Fragmentation, Exploitation, and Disintermediation (FED) is causing the very pain that super-apps are supposed to address. People are FED up with incessant spam, ads, identity theft, and poor customer experiences, while brands are struggling to find and keep customers with incompatible POS and rewards, and ineffective engagement tools. Becoming a U.S. super-app will require a very different Web3 DNA of Universality, Privacy, and Community to bring people and brands closer together.” OV Loop was designed from scratch to be a community empowering super-app, with the Universality of omnichannel engagement and loyalty via private wallets and messengers that work across people’s existing devices and merchants’ existing POS virtually everywhere. OV provides next-gen Privacy by giving people full control and self-custody of their keys and data. OV’s mission is to rebuild Communities by facilitating more direct, more frictionless, and more rewarding relationships between brands and people. OV founders are Mobile Wallet and POS pioneers. They invented a mobile wallet that became Samsung Pay to compete with Apple Pay, and launched a mobile POS company (Roam Data acquired by Ingenico) that became the largest supplier of mPOS for Merchant Service Providers (MSP) competing against Square. Now OV founders have launched a super-app platform, with patented omnichannel rewards and engagement tools for brands that work directly with customers’ private universal wallet & messenger, across devices and channels, all without costly POS changes. “People want convenient personalized services without sacrificing privacy. Brands want more sales and loyal relationships without costly POS changes or complex integrations.” Graylin added, “That’s what we’re building, and I’m so excited about the roadmap we have ahead to incorporate value from banks, insurance companies, transportation companies, and more. I know we’re a small acorn today, but we have the right DNA to become a large Sequoia tree when we deliver the right value for people and brands and the partners that serve them. Our goal is to build a better, more trusted commerce community, centered on LOVE, because the spirit of love is at the heart of all good relationships. ‘O’ and ‘V’ are the two letters at the center of LOVE. I’m hopeful people reading this will join OV Loop, to help make our future better together.” OV Loop is actively partnering with MSPs and ISVs that need a super-app platform to serve their merchants and fend off big tech competitors, and OV is partnering with banks that want a direct relationship with customers without being disintermediated by big wallet providers. Those interested can contact OV through its website or directly contact: Margaret Bouse, mbouse@ovloop.com About OV Loop and its CEO, Will Graylin: OV Loop provides a Community Empowering Super-App Platform to facilitate more seamless and trusted commerce relationships between brands and people. Brands can deliver Omnichannel Engagement and Loyalty experiences via people’s Private Universal Wallet & Messenger. Among its portfolio of patents, OV Loop owns the powerful HCE patents, now standard for tokenized NFC payments, allowing OV to uniquely enable its merchants to deliver 1-tap-pay rewards on their existing POS without change. Now, brands and merchants can rebuild customer relationships with the right tools and people can retake control of their identity and privacy. OV Loop’s patented super-app platform delivers more privacy, convenience, and savings for people, and more sales, loyalty, and profit for brands. OV Loop was founded by Will Graylin, a payments innovator and serial entrepreneur. Will was the Global Co-GM of Samsung Pay after Samsung acquired his company, LoopPay. He was also the founder and CEO of ROAM Data, the largest provider of mobile POS solutions for competitors of Square, later acquired by Ingenico; and of WAY Systems, the world’s first pocket-size POS acquired by Verifone. After serving five years as a Nuclear Submarine Officer, Mr. Graylin earned two master’s degrees from MIT and holds a dozen patents from his inventions. He also served seven years on the Board of Directors for Synchrony Financials (NYSE: SYF, the largest private label credit card issuer in the world). He is concurrently CEO of Indigo Technologies with breakthrough smart-wheels powering next-gen smoother, roomier, and light EVs. Will is also an investor/director/mentor to numerous high-tech startups and non-profit organizations including ROCA and Global Unites. Contact Details OV Loop Margaret Bouse mbouse@ovloop.com Company Website https://ovloop.com/
January 05, 2023 12:10 PM Eastern Standard Time
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News ReleaseVariational AI
Variational AI, developer of the Enki™ generative artificial intelligence (AI) drug discovery platform to redefine the economics of drug development, today announced that the company has filed two provisional patents with the United States Patent and Trademark Office (USPTO) related to new chemical entities (NCE) successfully created using generative AI. Variational AI’s protease inhibitors are among the first NCEs created via a purely generative model and will be useful in the development of COVID-19 drugs as part of the company’s coronavirus antiviral program. Of even greater significance, this method underscores the potential of generative AI to create novel, efficacious, safe, and synthesizable molecules. “The filing of these patents is a concrete milestone not just for Variational AI, but for the applicability of generative AI to the domain of drug discovery,” said Handol Kim, co-founder and CEO, Variational AI. “Whereas adoption of AI for drug discovery is accelerating, until now it has been based on older discriminative models. Though powerful, these models are essentially just performing faster and better virtual screening of known or existing molecules. Enki™ does not screen, but rather truly creates new molecules, similar to how other generative AI models like DALL-E and ChatGPT create novel images and text based on prompts. In our case, we use the language of chemistry as prompts to describe the molecules we want.” While generative AI has recently been applied at scale to the creation of novel images, text, music, video, and software code, the successful application of generative AI to drug discovery is still nascent but potentially transformative. Variational AI’s platform created two novel lead candidates that each bind differently and distinctly to the SARS-CoV-2 main protease, the most promising therapeutic target implicated with COVID-19 across variants and potentially other coronaviruses. The platform is based on a generative model framework known as a variational autoencoder (VAE) and created these lead candidates after being trained on large sets of public and proprietary data including older SARS-CoV (SARS) main protease data. The candidates demonstrated potency, selectivity, and novel binding modes on the SARS-CoV-2 main protease that show potentially better safety profiles compared to the existing standard of care. Variational AI is now focused on training Enki™ for multiple drug targets in oncology and making rapid progress in this disease area, leveraging learnings from its success in antivirals, as well as other disease areas. “Our team of machine learning researchers has been developing and applying generative models for years, long before the recent interest,” said Jason Rolfe, co-founder and CTO, Variational AI. “Drug discovery is a massively difficult undertaking, yet we continue to make rapid progress working hand-in-hand with our drug discovery team as we move to addressing unmet medical needs in oncology and beyond.” Funding for this work was supported in part by Canada’s Digital Technology Supercluster in collaboration with adMare BioInnovations and the University of British Columbia. About Variational AI Variational AI uses generative AI to create novel and diverse compounds that are optimized for multiple properties to avoid the most common causes of drug attrition and increase clinical probability of success. Variational AI works with leading biopharmaceutical partners and is developing its own internal pipeline. To learn more, visit https://variational.ai. Contact Details SVM Public Relations Jordan Bouclin +1 401-490-9700 variationalai@svmpr.com Company Website https://variational.ai/
January 05, 2023 10:00 AM Eastern Standard Time
News ReleaseLiveChat
LiveChat, a provider of software solutions for managing business communication, announced the launch of its integration with Square, the globally trusted software, payments, and hardware company. The new offering enables merchants to incorporate the LiveChat software into their Square Online stores directly from the Square App Marketplace with just one click. LiveChat is a full-service customer support platform that assists businesses in capturing leads and making the purchasing process easier. Today, over 37,000 companies in more than 150 countries trust the platform to communicate with and engage clients. Square Online is an eCommerce website and online ordering platform that lets businesses sell, fulfill, and process payments online. Built specifically to adapt to how customers order today and tomorrow, Square Online has everything a restaurant, retailer, or service provider needs to deliver exceptional online experiences. Square Online syncs seamlessly with all Square products to streamline processes and unify operations in one central place. “Business owners, no matter the industry, are looking for convenient software solutions that keep sales up, and customers engaged while streamlining existing processes. That's what we have in our minds while building our product portfolio and also choosing partners to collaborate with. With Square, we share the same goal of building software that allows business owners to focus on improving their company's omnichannel operations. I'm sure that our software will become a driving force to improve merchants' communication with their customers,” said Szymon Klimczak, CMO at LiveChat. Communication without barriers, LiveChat’s vision, is supported by its numerous integrations and a high degree of customizability. After a quick 5-minute set-up, Square sellers have access to a fully-fledged business communication tool designed to make a company’s customer relations workflow smoother and easier to manage. By installing the chat application, business owners provide their customers with omnichannel experiences via LiveChat’s widget on a store’s website, Messenger, WhatsApp, Apple Messages for Business, SMS, and more. With the help of chatbots, visitors can receive answers to their questions 24-7. Besides, customer requests can be easily managed using the platform's built-in ticketing system. LiveChat is built on the foundation of providing business efficiency. The platform enables companies to substantially lower their overall cost per interaction. With LiveChat, Square sellers gain access to a variety of chat, engagement, and analytics tools for support, sales, or marketing. Using pre-chat surveys or a real-time preview of pages, support agents can get to know a store’s potential customers, reach out to them at the right time, and spark a conversation with personalized greetings based; such as on the pages they’re seeing. A survey showed that consumers appreciate helping them with personalized messaging. Organizations that consider that fact while communicating with them can expect a 16% more impact on commercial outcomes than those that don't. Key benefits of the LiveChat app offered to Square sellers: Proactive customer support: communicating and engaging with customers using a customizable chat with real-time data, interactive greetings, message templates, chatbots, and more. Over 200 tools to integrate with LiveChat: connecting the platform with CRMs, data analytics tools, email campaign software, and more to streamline processes and provide even better CX. Being where customers are: accessing customer queries from various channels in one place, saving time on switching tabs while communicating with customers the way they like. To learn more about LiveChat's collaboration with Square, visit this page. About LiveChat LiveChat is a complete customer service solution that offers several ways for businesses to communicate with buyers. Our industry-leading portfolio of products includes LiveChat, ChatBot, HelpDesk, and KnowledgeBase – all designed to enable contact with companies at any time and through a variety of communication channels. A wide range of business customers uses the platform because of its customization capabilities and limitless integrations. LiveChat encourages tech firms and developers to build their own solutions on the platform’s back-end, allowing organizations to configure the application to fit their specific needs. It also integrates with all popular messaging channels and hundreds of other tools such as Shopify, Hubspot, and Google Analytics. Founded in 2002 with offices in Poland and the United States, LiveChat is actively used by over 37,000 companies worldwide and supports over 75 million chats monthly. Learn more at www.livechat.com. Contact Details LiveChat, Inc. Public Relations Team pr@livechat.com Company Website https://www.livechat.com/
January 05, 2023 09:13 AM Eastern Standard Time
News ReleaseBenzinga
By Faith Ashmore, Benzinga The travel industry is still working on rebounding after travel restrictions, airline layoffs, and overall hesitancy to travel became the norm during the pandemic. As travel resumed in the past year, travelers experienced over a million lost bags in the U.S. between January and June. The percentage of lost bags, when compared to 2019, is 30% more. It's clear that consumers are eager to explore again but there is a growing concern among flyers who want to ensure their luggage is safe. Samsara Luggage Inc pioneered a solution to a problem plaguing travelers globally. Awarded a special mention in TIME’s Best Inventions of 2022 by TIME, Samsara Luggage has designed a line of suitcases with a removable Apple AirTag embedded. The suitcase can be tracked by the Find My app on the iPhone. If a bag gets lost or stolen, Samsara’s technology allows customers to always find their bag. The company almost immediately started gaining the attention of huge brand names like T-Mobile, which saw the value of Samsara’s winning idea and wanted to collaborate on co-branded products. Learn more here: Samsara Luggage Is Grabbing The Attention Of Established Giants, Prompting Fun And Unique Partnerships T-Mobile collaborated with Samsara Luggage to create a sleek, magenta suitcase called the Un-carrier On. T-Mobile and Samsara Luggage worked together to create a unique suitcase that would make traveling easier with savvy smart technology. The Un-carrier On is the only carry-on suitcase on the market with wireless charging capabilities and a removable battery pack that includes a USB-C port. Perfect for working on the go, the luggage has a flat-top work surface that can double as a leg or footrest. And of course, the Un-carrier On includes Samsara’s AirTag solution so you never lose your luggage again. The unique partnership was a successful endeavor of two companies working together for the shared goal of improving the travel experience through innovation, connectivity, and convenience. Prior to the Un-Carrier launch, Samsara Luggage made its debut in select Tommy Bahama retail stores around the country. Tommy Bahama is at the forefront of the travel industry with year-round resort wear and travel accessories. Partnering with Tommy Bahama is a huge opportunity to reach a larger audience and bring Samsara Luggage further into the spotlight. Choice products from Samsara Luggage are featured both online and in select stores. The company’s partnerships in 2022 added visibility to the brand and brought in sales. Gaining the attention of huge brands like T-Mobile and Tommy Bahama is no small feat. Samsara Luggage is looking to make a splash in the travel industry and it will be interesting to see where the company goes and what partnerships they have in store for the future. Samsara has had a year of growth and complementary partners to propel the brand to the forefront of smart travel technology and luggage. The above article was originally published on Benzinga here. This post contains sponsored advertising 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
January 05, 2023 08:00 AM Eastern Standard Time
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News ReleaseVolatus Aerospace Corp.
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce that its UK subsidiary, iRed Ltd, has signed a contract for monthly recurring inspections to detect fugitive methane leaks at 14 water treatment facilities across the northwest of the United Kingdom. According to “Faster and Further: Canada’s Methane Strategy,” Sept. 2022, Methane is a potent greenhouse gas with 25 times more global warming potential than carbon dioxide over a 100-year period. Fugitive methane emissions occurring due to leaks, loose valves, or venting of methane gas results in the loss of valuable energy, increased costs, and damage to the environment. Optical gas imaging (OGI) visualizes a narrow band of the infrared spectrum allow the identification of methane and other hydrocarbon gases which may otherwise be invisible to the naked eye. Under the terms of the 12-month contract, iRed® will conduct remote analysis of infrastructure at water treatment facilities across the northwest UK using Optical Gas imaging cameras. “This is a very strategic win,” said Glen Lynch, CEO of Volatus. “In Canada, gas leak detection for the oil and gas industry is already a major line of business for our Synergy Aviation subsidiary. The added capability of Optical Gas Imaging is expected to open new doors with our existing oil and gas customers as well as create new opportunities in the North American waste management sector. In parallel, iRed® can leverage the strength of our Oil and Gas expertise to generate new opportunities in that sector in the UK.” Ray Faulkner, President of iRed® added, “The production of methane is a natural part of the waste treatment process. Methane gas is captured and used for bio-energy production and carbon capture. iRed is a specialist in fugitive gas detection, mitigation, and inspection. But capturing that data is only half the story, we turn data into actionable reports for stakeholders such the Environment Agency to whom the operators are responsible. The potential for us is significant.” According to Deloitte, for the UK to progress towards net zero by 2050 they need to dramatically increase use of renewable and other low carbon energy sources. Incinerating waste, including biomass, is considered renewable energy that reduces overall emissions compared to letting the waste go into a landfill. Energy generation falls when the wind stops blowing and the sun goes down, but Biomass incineration can provide renewable baseload power. Research undertaken by The University of Manchester suggests that the UK “has the potential to generate up to 44% of its energy from biomass sources, including household waste, agricultural residues, and home-grown biofuels by 2050.” About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the business plans and expectations of the Company; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; and meeting the continued listing requirements of the TSXV. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 579-977-5066 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com
January 05, 2023 06:30 AM Eastern Standard Time
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