Posts

Posted on

Blink Charging Provides EV Chargers to Downtown Rockford, IL In Coordination with Region 1 Planning Council

City
utilizes procurement program to provide much needed EV charging services for residents and visitors

Miami Beach, FL, Dec. 20, 2022 (GLOBE NEWSWIRE) —
Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced it will provide downtown Rockford, Illinios with EV charging stations thanks to a Region 1 Planning Council (R1) program to make charging stations more affordable and accessible for local governments. Blink was named as a key supplier after an extensive RFP (Request for Proposal) process.

The City of Rockford is the first local government to take advantage of a procurement program established through the Region 1 Planning Council earlier this year that helps local governments in Northern Illinois purchase Electric Vehicle Charging Stations at pre-negotiated prices. Through the program, the city has installed two Blink IQ 200 EV Charging Stations at a municipal parking lot at South Main and Cedar Streets, southwest of the Embassy Suites Rockford Riverfront Hotel. Each L2 charging station allows two electric vehicles to charge simultaneously.

“We are pleased to provide much needed EV charging services to local cities, schools and other governmental facilities as demand for reliable charging infrastructure continues to grow,” said Brendan Jones, President at Blink Charging. “Region 1 Planning Council has been instrumental in moving the adoption of EVs forward and we applaud their efforts to ensure the accessibility and convenience to EV chargers through this program.”

Participation in the program is open to members of the Northern Illinois Council of Governments (NorthCOG), a nonprofit membership-based organization of Northern Illinois local governments that is staffed by R1. NorthCOG provides a platform for its members to develop a shared legislative agenda to increase public and private investment in Northern Illinois. Additionally, NorthCOG provides opportunities for its members to reduce the cost of government operations through public-private partnerships such as this EV Charging Station procurement program.

“In Rockford, we are focused on sustainability and stand in support of advancing needed transportation alternatives for our region,” said Rockford Mayor Tom McNamara. “We were excited to take advantage of the procurement program developed by our partners at R1, and to be one of the first municipalities in our region to deploy EV charging infrastructure. We hope that investments like this will continue to help strengthen our community’s future readiness.”

Blink is a nationwide leader in EV charging equipment and networked EV charging services, enabling drivers to refuel at thousands of locations throughout the United States. This experience across a diverse set of property types, will enable Blink to work with key government personnel to help them understand the program, assist with optimization, and work through all interconnect, service upgrade, and related issues.

R1 staff will help local governments pursue state and federal grants that will become available in the coming months to further reduce the cost of purchasing and installing EV Charging Stations. Local governments that wish to participate in the Blink EV Charging Station procurement program can contact R1 Director of Economic Development & Policy, Isaac Guerrero at 815-319-4181 or [email protected] for more information.

###

About Blink Charging 

Blink Charging Co. (Nasdaq: BLNK, BLNKW), a leader in electric vehicle (EV) charging equipment, has deployed nearly 59,000 charging ports across 25 countries, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of Blink’s charging locations worldwide. Blink’s principal line of products and services include the Blink EV charging network (“Blink Network”), EV charging equipment, EV charging services, and the products and services of recent acquisitions, including SemaConnect, Blue Corner and BlueLA. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to rise to 10 million vehicles by 2025 from approximately 2 million in 2019, Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs. For more information, please visit https://www.blinkcharging.com/.

About R1

Region 1 Planning Council (R1) is a special-purpose, regional government agency. Regional councils are public organizations comprised of local elected officials that promote collaboration among local governments, working across the jurisdictional silos of states, counties, and municipalities. A regional council depends on intergovernmental collaboration to foster economic and community growth; through planning, research, federal funding, and data. For more information, visit http://r1planning.org.

Forward-Looking Statements 

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. 

Blink Investor Relations Contact


[email protected]


855-313-8187 

Blink Media Contact


[email protected]



Posted on

Crain’s New York Business Names Carin L. Pai, CFA Among “Notable Asian Leaders” for 2022

Crain’s New York Business Names Carin L. Pai, CFA Among “Notable Asian Leaders” for 2022

Executive VP and Head of Portfolio Management & Equities Has Been Serving Clients as Part of Fiduciary Trust International for Over 25 Years

NEW YORK–(BUSINESS WIRE)–
Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, congratulates Carin L. Pai, CFA, executive vice president and head of portfolio management and equities, on her placement in the Crain’s New York Business 2022 listing of “Notable Asian Leaders.”

“Carin has proven herself to be a role model for women of all backgrounds who are beginning or considering careers in wealth management,” said John M. Dowd, chief executive officer of Fiduciary Trust International. “She plays a vital role in our efforts to bring financial peace of mind to multiple generations of clients, and we are proud of what she has achieved in our organization and her community.”

The 2022 “Notable Asian Leaders” highlighted by Crain’s New York Business have been employed for a minimum of 10 years in their respective industries and have demonstrated the capability to affect change in their roles or areas of practice. Honorees are based within the five boroughs of New York City as well as New York’s Nassau, Suffolk, and Westchester Counties and New Jersey’s Bergen, Essex, Hudson, Morris, and Union Counties. Crain’s New York Business also considered professionals’ involvement with community or philanthropic activities, mentoring programs, and diversity and inclusion initiatives. This year’s “Notable Asian Leaders” will be featured in a special print edition of Crain’s New York Business on December 19, 2022, as well as online at https://www.crainsnewyork.com.

Ms. Pai joined Fiduciary Trust International in 1996 and is responsible for leading portfolio management processes and managing client portfolios across the firm. As part of her role, she is head of Fiduciary Trust International’s Equity Strategy Committee, and serves on the Management, Operating, and Risk Management Committees. Besides her ongoing effort to identify new ways to optimize the client experience, Ms. Pai’s duties include developing investment themes, sector allocations, stock selections, and style tilts for clients.

“I am grateful to Crain’s New York Business for this accolade, and to Fiduciary Trust International for allowing me and so many others to grow — and thrive — in our work,” said Ms. Pai. “The Asian community contributes so much, both culturally and professionally, all over New York City and surrounding communities. The recognition by Crain’s New York Business shines a spotlight on the vital impact we make in financial services and many other sectors of our regional economy.”

Ms. Pai is an active member of the New York City division of “Women@FTI,” a program for mentoring and supporting women employees throughout the larger Franklin Templeton organization. She is also a member of the New York Society of Security Analysts, and was previously honored by Crain’s New York Business as one of the publication’s “Notable Women in Finance in NYC” in 2019. Ms. Pai has also been named a “Woman of Influence” by the New York Business Journal, and one of the “Top Women in Asset Management” by Money Management Executive.

Outside the financial services industry, Ms. Pai serves on the board of trustees of the Citizens Budget Commission, a nonprofit and nonpartisan civic organization seeking to constructively improve government finances and services in New York City and New York State. She is also a supporter of the National Audubon Society and the New York Botanical Garden.

About Fiduciary Trust International

Fiduciary Trust International, a global wealth management firm headquartered in New York, NY, has served individuals, families, endowments and foundations since 1931. With over $82 billion in assets under management and administration as of September 30, 2022, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The New York-based firm and its subsidiaries maintain offices in Coral Gables, FL, Boca Raton, FL, St. Petersburg, FL, Radnor, PA, Lincoln, MA, Los Angeles, CA, San Mateo, CA, San Francisco, CA, Washington, DC, Wilmington, DE, Reston, VA, and Atlanta, GA. For more information, please visit fiduciarytrust.com, and for the latest updates, follow Fiduciary Trust International on LinkedIn and Twitter: @FiduciaryTrust.

About Franklin Templeton

Franklin Resources, Inc. [NYSE: BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 75 years of investment experience and approximately $1.4 trillion in assets under management as of November 30, 2022. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.

Copyright © 2022. Fiduciary Trust International. All rights reserved.

Rebecca Radosevich: 212-632-3207

[email protected]

Laura Simpson: 973-713-8834

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Professional Services Consumer Women Finance Asset Management Banking Personal Finance

MEDIA:

Logo
Logo
Posted on

FICO UK Credit Card Market Report: October 2022

FICO UK Credit Card Market Report: October 2022

Average spend drops by £70 in space of two months as consumers tighten their belts; missed payments higher than same time last year

LONDON–(BUSINESS WIRE)–
FICO’s latest report of UK card trends — for October 2022 — illustrates the push and pull of personal finances as consumers attempt to manage existing credit commitments while facing an increased cost of living.

Highlights

  • Average total sales were 5 percent lower than September at £740
  • The average active balance on credit card accounts also dropped in October to £1,570 – 1.5 percent lower than September
  • The percentage of payments to balance dropped by 0.8 percent in October, continuing a trend seen since May
  • Year-on-year missed payments have increased across all payment cycles, with two missed payments showing the greatest year on year growth at nearly 7 percent
  • Those missing one payment in September struggled to stay on top of their debt as a 7 percent month-on-month increase in two missed payments recorded
  • But consumers reduced reliance on credit cards for cash withdrawals with a 5.5 percent drop month-on-month

FICO comment

Analysis of the largest consortium of UK cards data illustrates the financial challenges faced by many people, as pandemic savings dwindle and the cost-of-living escalates. While the latest ONS data1 reports a small 0.5 percent rebound in GDP for the month, in the three months to October GDP shrank by 0.3 percent compared with the previous three months. This drop in spending is also reflected in the FICO data.

Average spend across credit card accounts dropped by £70 over September and October. And the percentage of payments to balance – reflecting both earnings and savings to stay on top of credit commitments – dropped by 0.8 percent month-on-month.

But perhaps most significant for credit providers is the year-on-year trend in missed payments. Across all payment cycles – one, two and three missed payments – there has been an increase over October 2021.

With two missed payments increasing month on month by 6.8 percent in October, credit providers will be wanting to understand the causes to offer the right support to account holders.

There is, however, one area where financial prudence is evident. The percentage of accountholders using their card to withdraw cash dropped month-on-month by 5.5 percent in October and, reflecting a pattern seen all year, by 22.3 percent year-on-year. It appears that cardholders are aware of the high cost of using credit cards to withdraw cash due to the higher APR charged.

Lenders can use segmentation analysis on their portfolios to ensure that their web and mobile applications encourage consumers in distress to make contact at the first indications of difficulty, and to consider establishing special payment plans for those struggling to stay on top.

Key Trend Indicators – UK Cards – October 2022

Metric

Amount

Month-on-Month Change

Year-on-Year Change

Average UK Credit Card Spend

£740

-4.7%

+5.1%

Average Card Balance

£1,570

-1.5%

+4.4%

Percentage of Payments to Balance

40.5%

-0.8%

+0.6%

Accounts with One Missed Payment

1.5%

-2.4%

+4.3%

Accounts with Two Missed Payments

0.3%

+6.8%

+6.6%

Accounts with Three Missed Payments

0.2%

-1.3%

+1.2%

Average Credit Limit

£5,510

+0.3%

+1.9%

Average Overlimit Spend

£95

+2.2%

-24%

Cash Sales / Total Sales

1%

-5.5%

-22.3%

These card performance figures are part of the data shared with subscribers of the FICO® Benchmark Reporting Service. The data sample comes from client reports generated by the FICO® TRIAD® Customer Manager solution in use by some 80 percent of UK card issuers.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in nearly 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at https://www.fico.com

FICO and TRIAD are registered trademarks of Fair Isaac Corporation in the U.S. and other countries.

1https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/october2022

For further comment on the FICO UK Credit Card activity contact:

FICO UK PR Team

Wendy Harrison/Parm Heer/Matthew Enderby

[email protected]

0208 977 9132

KEYWORDS: Europe Ireland United Kingdom

INDUSTRY KEYWORDS: Professional Services Consumer Women Finance Men Banking

MEDIA:

Logo
Logo
Posted on

KNBE Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Sale of KnowBe4, Inc. to Vista Equity Partners

MONSEY, N.Y., Dec. 20, 2022 (GLOBE NEWSWIRE) — The law firm of Wohl & Fruchter LLP is investigating whether the members of the Special Committee of the Board of Directors of KnowBe4, Inc. (Nasdaq: KNBE) (“KNBE”) that recommended the sale of KNBE to Vista Equity Partners (“Vista”) for $24.90 per share in cash were truly independent and disinterested as claimed in a recent SEC filing.

If you remain a KNBE shareholder and have questions about your legal rights, you may contact our firm at the following link to discuss your options at no charge:

https://wohlfruchter.com/cases/knowbe4-inc/

Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].

Why is there an investigation?

On October 12, 2022, KNBE announced that it had agreed to be acquired by Vista for $24.90 per share in cash. The agreement was approved by the KNBE Board of Directors (“Board”) upon the recommendation of a Special Committee of the Board.

A recent SEC filing indicates that several of KNBE’s largest stockholders are “rolling over” a portion of their KNBE shares into ownership interests in the Vista affiliate that is acquiring KNBE.

As such, our investigation is focused on whether the members of the Special Committee that recommended the sale were independent of the following existing KNBE stockholders “rolling over” their investments:

  • Vista (which presently owns 12.4% of KNBE’s Class A shares);
  • Elephant Funds (which presently owns 12.9% of KNBE’s Class A shares, and 44.9% of KNBE’s Class B shares); and
  • Kohlberg Kravis Roberts & Co. L.P (which presently owns 9.1% of KNBE’s Class A shares, and 31.6% of KNBE’s Class B shares).

About Wohl & Fruchter

Wohl & Fruchter LLP, with offices in New York City and Monsey, has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

Contact:

Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
[email protected]
www.wohlfruchter.com



Posted on

Waters Corporation Presentation at the 41st Annual J.P. Morgan Healthcare Conference to Be Audio Webcast Live

Waters Corporation Presentation at the 41st Annual J.P. Morgan Healthcare Conference to Be Audio Webcast Live

MILFORD, Mass.–(BUSINESS WIRE)–
Waters Corporation (NYSE:WAT) Udit Batra Ph.D., President and Chief Executive Officer, will speak to the investment community at the J.P. Morgan Healthcare Conference on Monday, January 9th, 2023 at 4:30PM Pacific Standard Time / 7:30PM Eastern Standard Time.

Interested investors can access the live webcast of the presentation on Waters’ investor relations website at https://ir.waters.com. A replay of the webcast will be available for 30 days.

About Waters Corporation

Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, and food sciences for more than 60 years. With more than 7,800 employees worldwide, Waters operates directly in more than 35 countries, including 14 manufacturing facilities, and with products available in more than 100 countries.

Caspar Tudor,Director, Investor Relations

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Technology Software

MEDIA:

Logo
Logo
Posted on

Oceanpal Inc. Announces Reverse Stock Split to Be Effective December 21, 2022

ATHENS, Greece, Dec. 20, 2022 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today that its board of directors has determined to effect a one-for-ten reverse stock split of the Company’s common shares, par value $0.01 per share. The Company’s shareholders approved the reverse stock split at the Company’s annual meeting of shareholders held on April 5, 2022.

The reverse stock split will take effect, and the Company’s common shares will begin trading on a split-adjusted basis on NASDAQ, as of the opening of trading on December 21, 2022, under the existing trading symbol “OP”. The CUSIP number of Y6430L 160 will be assigned to the Company’s common shares when the reverse stock split becomes effective. The CUSIP number of Y6430L 152 will be assigned to the Company’s Class A Warrants when the reverse stock split becomes effective.

When the reverse stock split becomes effective, every ten of the Company’s issued common shares will be combined into one issued common share, without any change to the par value per share and without any change in the total number of authorized common shares. The number of outstanding common shares will be reduced from approximately 101,802,806 shares to approximately 10,180,280 shares.

No fractional shares will be issued in connection with the reverse stock split. Shareholders who would otherwise hold a fraction of a common share of the Company will receive a cash payment in lieu thereof at a price equal to that fraction of a share to which the shareholder would otherwise be entitled, multiplied by the closing price of the Company’s common shares on NASDAQ on December 20, 2022.

Shareholders with shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the reverse stock split reflected in their accounts on or after December 21, 2022. Such beneficial holders may contact their bank, broker, or nominee for more information.

The purpose for seeking shareholder approval to effect the reverse stock split was to increase the per share trading price of the Company’s common stock, which the Company expects will satisfy the minimum bid price requirement for continued listing on NASDAQ.

About the Company

OceanPal Inc. is a global provider of shipping transportation services through its ownership of vessels. The Company’s vessels currently transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes and it is expected that the Company’s vessels will be primarily employed on short term time and voyage charters following the completion of their current employments.

Forward Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the severity, magnitude and duration of the COVID-19 pandemic, including impacts of the pandemic and of businesses’ and governments’ responses to the pandemic on our operations, personnel, and on the demand for seaborne transportation of bulk products; the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, including risks associated with the continuing conflict between Russia and Ukraine and related sanctions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.



Corporate Contact:
Margarita Veniou
Chief Corporate Development & Governance Officer                  
Telephone: +30-210-9485-360
Email: [email protected]
Website: www.oceanpal.com
Twitter: @OceanPal_Inc

Investor and Media Relations:
Edward Nebb
Comm-Counsellors, LLC
Telephone: + 1-203-972-8350
Email: [email protected]

Posted on

Corewell Health Grows Robotic Program to Treat Heart Rhythm Disorders with Adoption of Stereotaxis’ Genesis System

ST. LOUIS, Dec. 20, 2022 (GLOBE NEWSWIRE) — Stereotaxis (NYSE: STXS), the global leader in robotic technologies for the treatment of cardiac arrhythmias, today announced the successful treatment of patients using the latest Genesis Robotic Magnetic Navigation (RMN) system by physicians of the nationally recognized Fred & Lena Meijer Heart Center, part of Corewell Health in Grand Rapids, Michigan.

Electrophysiologists at Corewell Health have established a successful robotic cardiac ablation program treating nearly 500 patients using advanced robotic technology. The hospital is now among the first in the world, and the first in Michigan, to offer the latest in RMN technology with the Genesis system.

“Robotics is an integral part of our electrophysiology program at Corewell Health and reflects our ongoing commitment of being at the forefront of cardiovascular care,” said Dr. Musa Dahu, cardiac electrophysiologist at Corewell Health. “Adopting the Genesis RMN system will allow us to continue to provide the most advanced care for patients including those suffering from the most complex cardiac arrhythmias.”

Robotic Magnetic Navigation introduces the benefits of robotic precision and safety to cardiac ablation, a common minimally invasive procedure to treat arrhythmias. Tens of millions of individuals worldwide suffer from arrhythmias—abnormal heart rhythms that result when the heart beats too quickly, too slowly, or with an irregular pattern. When left untreated, arrhythmias may significantly increase the risk of stroke, heart failure, and sudden cardiac arrest.

“We are delighted to continue our partnership with the physicians at Corewell Health as they advance the frontiers of patient care and clinical science,” said David Fischel, Chairman and CEO of Stereotaxis. “We look forward to working with Corewell Health to extend its leadership in arrhythmia care in Grand Rapids.”


About Stereotaxis


Stereotaxis (NYSE: STXS) is a pioneer and global leader in innovative surgical robotics for minimally invasive endovascular intervention. Its mission is the discovery, development and delivery of robotic systems, instruments, and information solutions for the interventional laboratory. These innovations help physicians provide unsurpassed patient care with robotic precision and safety, expand access to minimally invasive therapy, and enhance the productivity, connectivity, and intelligence in the operating room. Stereotaxis technology has been used to treat over 100,000 patients across the United States, Europe, Asia, and elsewhere. For more information, please visit www.stereotaxis.com.

This press release includes statements that may constitute “forward-looking” statements, usually containing the words “believe”, “estimate”, “project”, “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially. Factors that would cause or contribute to such differences include, but are not limited to, the Company’s ability to manage expenses at sustainable levels, acceptance of the Company’s products in the marketplace, the effect of global economic conditions on the ability and willingness of customers to purchase its technology, competitive factors, changes resulting from healthcare policy, dependence upon third-party vendors, timing of regulatory approvals, the impact of pandemics or other disasters, and other risks discussed in the Company’s periodic and other filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. There can be no assurance that the Company will recognize revenue related to its purchase orders and other commitments because some of these purchase orders and other commitments are subject to contingencies that are outside of the Company’s control and may be revised, modified, delayed, or canceled.


Stereotaxis Contacts:


David L. Fischel
Chairman and Chief Executive Officer

Kimberly Peery
Chief Financial Officer

314-678-6100
[email protected]



Posted on

Varonis’ Cloud-Hosted Data Security Platform Achieves SOC 2 Type II Compliance

Varonis earns the industry’s “gold standard” for security, confidentiality, availability, privacy, and processing integrity

NEW YORK, Dec. 20, 2022 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, today announced that the cloud-hosted version of the company’s flagship data security platform successfully completed its Service Organization Control (SOC®) 2 Type II compliance audit. The audit verifies that Varonis’ SaaS offering meets rigorous standards for data security, availability, confidentiality, and privacy.

“We are pleased to announce that our flagship Data Security Platform has successfully met the requirements for SOC 2 compliance,” says Varonis CISO Guy Shamilov. “At Varonis, we are committed to meeting rigorous security standards for our products because the safety and security of our customer’s cloud data is of the utmost importance to us. The audit further enhances our compliance program, which already includes ISO 27001:2013, ISO 27017:2015, ISO 27018:2019, ISO 27701:2019, CSA Star Level 1, and NIAP Common Criteria certifications.”

Developed by the American Institute of Certified Public Accountants (AICPA), SOC 2 compliance is widely considered to be the gold standard for security, confidentiality, availability, privacy, and processing integrity.

KPMG performed the audit, which included a review of Varonis’ security control objectives, activities, and operating effectiveness against the AICPA’s Security Trust Service Criteria.

Varonis customers, prospects, and partners can receive the Varonis Data Security Platform SOC 2 Report upon request — ask your sales team for details. The SOC 3 Report, a high-level overview, is available on the Varonis website.

Additional Resources

About Varonis 
Varonis is a pioneer in data security and analytics, fighting a different battle than conventional cybersecurity companies. Varonis focuses on protecting enterprise data: sensitive files and emails; confidential customer, patient, and employee data; financial records; strategic and product plans; and other intellectual property. The Varonis Data Security Platform detects cyber threats from both internal and external actors by analyzing data, account activity, and user behavior; prevents and limits disaster by locking down sensitive and stale data; and efficiently sustains a secure state with automation. Varonis products address additional important use cases including data protection, data governance, Zero Trust, compliance, data privacy, classification, and threat detection and response. Varonis started operations in 2005 and has customers spanning leading firms in the financial services, public, healthcare, industrial, insurance, energy and utilities, technology, consumer and retail, media and entertainment, and education sectors. 

Investor Relations Contact:

Tim Perz
Varonis Systems, Inc.
646-640-2112
[email protected] 

News Media Contact:
Rachel Hunt
Varonis Systems, Inc.
877-292-8767 (ext. 1598)
[email protected]



Posted on

18 Advisor Team Strategic Partners, Inc Joins LPL Financial

CHARLOTTE, N.C., Dec. 20, 2022 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that Strategic Partners, Inc. has joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with National Financial Alliance (NFA). The Strategic team reported having served approximately $830 million in advisory, brokerage and retirement plan assets, with an additional $600 million fixed life insurance and annuity assets*. They join LPL from Royal Alliance, part of the Advisor Group network.

Headquartered in Parsons, Kansas, Strategic Partners Owner/President Chris Lubbers CFP®, CFS®, started his practice in 1994 while still in college, adding his first advisor a year later. He expanded the business in 2007 to create Strategic Partners, and the firm now has 18 advisors in nine states spanning from Texas to Connecticut. They are assisted by 16 client services support members.

Born and raised in Parsons, Lubbers brings a unique bond with the local community to the firm, as well as a desire to assist independent advisors across the country in their mission to deliver outstanding service experiences, customized strategies and a wide range of products to their clients.

“Our strength is the support and resources that we have available to help independent advisors thrive,” Lubbers said. “Our advisors each have a unique specialty and niche, all focused on comprehensive financial planning, and our goal is to connect them with specialists to help elevate their services. That includes our advanced planning division, a 401(k) team and our own insurance resources, as well as those from our new partners at National Financial Alliance and LPL.”

Why did Strategic Partners move to LPL & National Financial Alliance?

Lubbers and team turned to LPL and NFA for enhanced technology solutions, streamlined operational efficiencies and growth opportunities.

“I’m all about efficiency and that’s where LPL shines,” Lubbers said. “The firm has invested heavily in its technology platform, creating efficient processes and enhanced solutions that will help our advisors provide better services. Clients will have easier access to reporting and account information, all in one place to give them a deeper understanding of their financial picture.”

Lubbers also believes the move to LPL will appeal to other advisors who may be interested in joining Strategic Partners. “We wanted to be somewhere that is committed to the success of its advisors, investing in platforms and resources that will help us grow,” he said.

The opportunity to partner with National Financial Alliance was equally appealing, Lubbers said, adding that he’s known NFA’s CEO and President Reagan Wagner for more than 20 years. “The opportunity to join forces with Reagan and tap into the additional resources that he’s developed was a game changer,” Lubbers said. “We are excited to work with other like-minded advisors, and we believe there will be synergies as we leverage resources between both firms.”

Wagner agreed, stating, “NFA’s mission is to help advisors reach their vision of financial success. Our mission aligns with Chris and his team. We believe the affiliation together will have direct impact on our mutual growth and ability to serve our mission. We are thankful Chris and his team have joined the LPL/NFA family and we look forward to serving them and helping them reach their vision of success. We believe there is value when successful firms choose to work together.”

Scott Posner, LPL Executive Vice President, Business Development, added, “On behalf of the entire LPL community, I extend a warm welcome to Chris and all of the advisors and staff at Strategic Partners, Inc. We are honored they recognized the value of partnering with LPL as they take steps to elevate their practice and create differentiated experiences for their clients. Here at LPL, we’re deeply committed to making ongoing investments in innovative technology, integrated wealth management capabilities and robust business solutions designed to help the firm and each individual advisor in their network be successful. Congratulations also to National Financial Alliance for expanding their network. We look forward to seeing the many synergies between the teams and supporting both firms for years to come.”


Related

Advisors, find an LPL business development representative near you.


About LPL Financial


LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around Today, LPL is a leader in the markets we serve**, supporting more than 21,000 financial advisors, including advisors at approximately 1,100 institution-based investment programs and at approximately 500 registered investment advisor (“RIA”) firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

*Value approximated based on asset and holding details provided to LPL from year-end 2021.

**Top RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S. (Based on total revenues, Financial Planning magazine 1996-2022); among third-party providers of brokerage services to banks and credit unions, No. 1 in AUM Growth from Financial Institutions; No. 1 in Market Share of AUM from Financial Institutions; No. 1 in Market Share of Revenue from Financial Institutions; No. 1 on Financial Institution Market Share; No. 1 on Share of Advisors. (2021-2022 Kehrer Bielan Research & Consulting Annual TPM Report). Fortune 500 as of June 2021.

LPL and its affiliated companies provide financial services only from the United States.

Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. Strategic Partners, Inc., National Financial Alliance and LPL Financial are separate entities.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

Connect with Us!

https://twitter.com/lpl



https://www.linkedin.com/company/lpl-financial



https://www.facebook.com/LPLFinancialLLC



https://www.youtube.com/user/lplfinancialllc


Media Contact:



[email protected]

(704) 996-1840

Tracking #1-05351991



Posted on

HII’s Pharos Demonstrates Launch and Recovery with Navy Unmanned Vehicle

NEWPORT, R.I., Dec. 20, 2022 (GLOBE NEWSWIRE) — Global all-domain defense partner HII (NYSE: HII) collaborated with the Navy on a research and development effort that advanced the launch and recovery of a large size unmanned undersea vehicle (UUV), using an amphibious ship and HII’s Pharos system.

“This is a great example of synergies within HII that accelerate the Navy’s vision for the future fleet,” said Chris Kastner, HII president and CEO. “I’m proud of the cross division teaming, plus the pace of progress of unmanned systems toward launch and recovery from an amphibious ship.”

Building on the success of a June 2022 demonstration where HII launched and recovered its large diameter UUV Proteus with its Pharos system, HII entered into two separate Cooperative Research and Development Agreements (CRADA) to further advance the capability to deploy unmanned vehicles from ships. The CRADAs were with Naval Surface Warfare Center Panama City division and the Naval Undersea Warfare Center Division Newport, Rhode Island.

Photos accompanying this release are available at: https://hii.com/news/hii-pharos-launch-and-recovery-navy-unmanned.

Led by the company’s Advanced Technology Group, comprised of members from Mission Technologies and Ingalls Shipbuilding divisions, HII designed and constructed a surrogate system which was land tested in Panama City, Florida, to ensure the system could accommodate the Navy’s Snakehead phase one large displacement unmanned undersea vehicle (LDUUV) in a loaded condition. The test demonstrated that Pharos can be adapted to a wide range of vehicles, including LDUUVs.

Following that successful demonstration, Pharos and the Snakehead LDUUVs were tested at the Navy’s Narragansett Bay Test Facility in Newport. Pharos, with the Snakehead LDUUV embarked in its cradle, was lowered down and pulled up a ramp to simulate disembarking and embarking the system in the well deck of an amphibious ship. The simulation ensured that the 22,000-pound pull was within the existing capabilities of an LPD as operating in the Navy fleet.

“These demonstrations validate a near term launch and recovery capability for the Pharos system,” said Todd Borkey, HII’s executive vice president and chief technology officer. “HII accelerates the transitioning of new technology into the customer’s mission, thus we are eager to enter the next phase of testing and demonstrate a launch and recovery from an LPD.”

The Pharos system began as a corporate independent research and development project. Ingalls Shipbuilding developed over 40 launch and recovery concepts from a mothership. These concepts were down-selected to the Pharos system with the objective of demonstrating the launch and recovery capability of a LDUUV from an LPD. Ingalls Shipbuilding and Mission Technologies took the Pharos concept and collaboratively designed, developed and constructed Pharos to enable the demonstrations.

About HII

HII is a global, all-domain defense partner, building and delivering the world’s most powerful, survivable naval ships and technologies that safeguard our seas, sky, land, space and cyber.

As America’s largest shipbuilder and with a more than 135-year history of advancing U.S. national defense, we are united by our mission in service of the heroes who protect our freedom. HII’s diverse workforce includes skilled tradespeople; artificial intelligence, machine learning (AI/ML) experts; engineers; technologists; scientists; logistics experts; and business professionals. Headquartered in Virginia, HII’s workforce is 43,000 strong. For more information, visit:

Contact:

Danny Hernandez
[email protected] 
(202) 580-9086

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/adfed9ca-87e8-458a-ada1-c7f322606ca2