Gentex Announces First Quarter 2022 Cash Dividend

ZEELAND, Mich., March 03, 2022 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable April 20, 2022, to shareholders of record of the common stock at the close of business on April 8, 2022.

About the Company

Founded in 1974, Gentex Corporation (The NASDAQ Global Select Market: GNTX) is a supplier of automatic-dimming rearview mirrors and electronics to the automotive industry, dimmable aircraft windows for aviation markets, and fire protection products to the fire protection market. Visit the Company’s websites at www.gentex.com, fulldisplaymirror.com, and gentextech.com.

Contact Information

Gentex Investor Relations
616-772-1590 x5814



TG Therapeutics Announces Extension of U.S. FDA BLA/sNDA PDUFA Date for Ublituximab Plus UKONIQ® (U2) to Treat Patients with CLL and SLL

FDA sets updated PDUFA goal date of June 25, 2022

NEW YORK, March 03, 2022 (GLOBE NEWSWIRE) — TG Therapeutics, Inc. (NASDAQ: TGTX), today announced the U.S. Food and Drug Administration (FDA) has extended the Prescription Drug User Fee Act (PDUFA) goal date to June 25, 2022 for the Biologics License Application (BLA) and supplemental New Drug Application (sNDA) for ublituximab in combination with UKONIQ® (umbralisib) as a treatment for patients with chronic lymphocytic leukemia (CLL) and small lymphocytic lymphoma (SLL).

The FDA notified the Company that the updated overall survival analyses which were submitted to the FDA in February 2022, constituted a major amendment to the applications, and therefore the FDA is extending the PDUFA date to provide time for a full review of the submissions.

Michael S. Weiss, Chairman and Chief Executive Officer of TG Therapeutics stated, “As mentioned on our earnings call earlier this week, we believed an extension of the PDUFA date was a likely scenario especially given the proposed timing of the upcoming ODAC meeting. We hope this extension provides the time needed to give proper attention and review to the U2 BLA/sNDA.” Mr. Weiss continued, “We continue to believe in the potential of U2 to provide a meaningful treatment option to patients with CLL and SLL.”

ABOUT THE ODAC MEETING

In general, the Oncologic Drugs Advisory Committee (ODAC) reviews and evaluates data concerning the safety and effectiveness of marketed and investigational human drug products for use in the treatment of cancer and makes appropriate recommendations to the Commissioner of Food and Drugs. Although the FDA will consider the recommendation of the ODAC Committee, the final decision regarding the approval of a product is made solely by the FDA.

The FDA has notified the Company that potential questions and discussion topics for the ODAC include: the benefit-risk of the U2 combination in the treatment of CLL or SLL, and the benefit-risk of UKONIQ in relapsed/refractory marginal zone lymphoma (MZL) or follicular lymphoma (FL). In addition, as part of the benefit-risk analysis, the overall safety profile of the U2 regimen, including adverse events (serious and Grade 3-4), discontinuations due to adverse events, and dose modifications, is expected to be reviewed. The FDA’s concern giving rise to the ODAC meeting appears to stem from an early analysis of overall survival from the UNITY-CLL trial.

Overall survival was designated as a secondary efficacy outcome in the UNITY-CLL protocol but was not part of the primary analysis in accordance with the study’s statistical analysis plan agreed upon via a Special Protocol Assessment (SPA), and therefore, was not analyzed or included in the BLA/sNDA. Additionally, the study was not powered for overall survival. As part of the ongoing review of the BLA/sNDA, the FDA requested an early analysis of overall survival from the UNITY-CLL trial. As of September 2021, the cut-off date for the overall survival analysis requested by the FDA during their review, there was an imbalance in favor of the control arm (HR: 1.23) though this result was not statistically significant. However, when excluding deaths related to COVID-19, the two arms were approximately balanced (HR: 1.04) with again no statistically significant difference between the treatment groups with regard to overall survival. In February 2022, the Company submitted updated overall survival data with the same September 2021 cut-off date. The Company will continue to evaluate this endpoint over time as more events are available and will continue to analyze how COVID-19 may be impacting the analysis.

The date of the ODAC meeting has not yet been determined, although the FDA has stated that it is targeting holding the ODAC in March or April 2022.

ABOUT UNITY-CLL PHASE 3 TRIAL AND THE BLA/sNDA SUBMISSION

UNITY-CLL is a global, Phase 3, randomized, controlled clinical trial comparing the combination of ublituximab plus UKONIQ (umbralisib), or U2, to an active control arm of obinutuzumab plus chlorambucil in patients with both treatment-naïve and relapsed or refractory chronic lymphocytic leukemia (CLL). The trial randomized patients into four treatment arms: ublituximab single agent, UKONIQ single agent, ublituximab plus UKONIQ, and an active control arm of obinutuzumab plus chlorambucil. A prespecified interim analysis was conducted to assess the contribution of ublituximab and UKONIQ in the U2 combination arm and allowed for the termination of the single agent arms. Accordingly, the UNITY-CLL Phase 3 trial continued enrollment in a 1:1 ratio into the two combination arms: the investigational arm of U2 and the control arm of obinutuzumab plus chlorambucil. Approximately 420 subjects enrolled to the two combination arms and approximately 60% of patients were treatment-naïve and 40% were relapsed or refractory. The primary endpoint for this study was superior progression-free survival (PFS) for the U2 combination compared to the control arm. The trial met its primary endpoint, with U2 significantly prolonging independent review committee (IRC) assessed PFS vs. control (median 31.9 months vs 17.9 months; hazard ratio 0.546 (p<0.0001)) at a median follow-up of 36.7 months, and results were presented at the American Society of Hematology (ASH) Annual Meeting in December 2020. The UNITY-CLL Phase 3 trial is being conducted under a Special Protocol Assessment (SPA) agreement with the U.S. Food and Drug Administration (FDA).

The BLA/sNDA submissions of U2 to treat CLL were based on the results of the UNITY-CLL trial. The FDA previously granted Fast Track designation to the U2 combination for the treatment of adult patients with CLL and orphan drug designation for ublituximab in combination with UKONIQ for the treatment of CLL.

ABOUT CHRONIC LYMPHOCYTIC LEUKEMIA
Chronic lymphocytic leukemia (CLL) is the most common type of adult leukemia. It is estimated there will be more than 20,000 new cases of CLL diagnosed in the United States in 2020 and approximately 45,000 new cases globally in 2020.1,2 Although signs and symptoms of CLL may disappear for a period of time after initial treatment, the disease is considered incurable and many people will require additional treatment due to the return of malignant cells.

ABOUT TG THERAPEUTICS
TG Therapeutics is a fully-integrated, commercial stage biopharmaceutical company focused on the acquisition, development and commercialization of novel treatments for B-cell malignancies and autoimmune diseases. In addition to an active research pipeline including five investigational medicines across these therapeutic areas, TG has received accelerated approval from the U.S. FDA for UKONIQ® (umbralisib), for the treatment of adult patients with relapsed/refractory marginal zone lymphoma who have received at least one prior anti-CD20-based regimen and relapsed/refractory follicular lymphoma who have received at least three prior lines of systemic therapies. Currently, the Company has three programs in Phase 3 development for the treatment of patients with relapsing forms of multiple sclerosis (RMS) and patients with chronic lymphocytic leukemia (CLL) and several investigational medicines in Phase 1 clinical development. For more information, visit www.tgtherapeutics.com, and follow us on Twitter @TGTherapeutics and Linkedin.

UKONIQ® is a registered trademark of TG Therapeutics, Inc.

ABOUT UKONIQ® (umbralisib)
UKONIQ is the first and only oral inhibitor of phosphoinositide 3 kinase (PI3K) delta and casein kinase 1 (CK1) epsilon. PI3K-delta is known to play an important role in supporting cell proliferation and survival, cell differentiation, intercellular trafficking and immunity and is expressed in both normal and malignant B-cells. CK1-epsilon is a regulator of oncoprotein translation and has been implicated in the pathogenesis of cancer cells, including lymphoid malignancies.

UKONIQ is indicated for the treatment of adult patients with relapsed or refractory marginal zone lymphoma (MZL) who have received at least one prior anti-CD20-based regimen and for the treatment of adult patients with relapsed or refractory follicular lymphoma (FL) who have received at least three prior lines of systemic therapy.

These indications are approved under accelerated approval based on overall response rate. Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial.

IMPORTANT SAFETY INFORMATION

Infections: Serious, including fatal, infections occurred in patients treated with UKONIQ. Grade 3 or higher infections occurred in 10% of 335 patients, with fatal infections occurring in <1%. The most frequent Grade ≥3 infections included pneumonia, sepsis, and urinary tract infection. Provide prophylaxis for Pneumocystis jirovecii pneumonia (PJP) and consider prophylactic antivirals during treatment with UKONIQ to prevent CMV infection, including CMV reactivation. Monitor for any new or worsening signs and symptoms of infection, including suspected PJP or CMV, during treatment with UKONIQ. For Grade 3 or 4 infection, withhold UKONIQ until infection has resolved. Resume UKONIQ at the same or a reduced dose. Withhold UKONIQ in patients with suspected PJP of any grade and permanently discontinue in patients with confirmed PJP. For clinical CMV infection or viremia, withhold UKONIQ until infection or viremia resolves. If UKONIQ is resumed, administer the same or reduced dose and monitor patients for CMV reactivation by PCR or antigen test at least monthly.

Neutropenia: Serious neutropenia occurred in patients treated with UKONIQ. Grade 3 neutropenia developed in 9% of 335 patients and Grade 4 neutropenia developed in 9%. Monitor neutrophil counts at least every 2 weeks for the first 2 months of UKONIQ and at least weekly in patients with neutrophil count <1 x 109/L (Grade 3-4) neutropenia during treatment with UKONIQ. Consider supportive care as appropriate. Withhold, reduce dose, or discontinue UKONIQ depending on the severity and persistence of neutropenia.

Diarrhea or Non-Infectious Colitis: Serious diarrhea or non-infectious colitis occurred in patients treated with UKONIQ. Any grade diarrhea or colitis occurred in 53% of 335 patients and Grade 3 occurred in 9%. For patients with severe diarrhea (Grade 3, i.e., > 6 stools per day over baseline) or abdominal pain, stool with mucus or blood, change in bowel habits, or peritoneal signs, withhold UKONIQ until resolved and provide supportive care with antidiarrheals or enteric acting steroids as appropriate. Upon resolution, resume UKONIQ at a reduced dose. For recurrent Grade 3 diarrhea or recurrent colitis of any grade, discontinue UKONIQ. Discontinue UKONIQ for life-threatening diarrhea or colitis.

Hepatotoxicity: Serious hepatotoxicity occurred in patients treated with UKONIQ. Grade 3 and 4 transaminase elevations (ALT and/or AST) occurred in 8% and <1%, respectively, in 335 patients. Monitor hepatic function at baseline and during treatment with UKONIQ. For ALT/AST greater than 5 to less than 20 times ULN, withhold UKONIQ until return to less than 3 times ULN, then resume at a reduced dose. For ALT/AST elevation greater than 20 times ULN, discontinue UKONIQ.

Severe Cutaneous Reactions: Severe cutaneous reactions, including a fatal case of exfoliative dermatitis, occurred in patients treated with UKONIQ. Grade 3 cutaneous reactions occurred in 2% of 335 patients and included exfoliative dermatitis, erythema, and rash (primarily maculo-papular). Monitor patients for new or worsening cutaneous reactions. Review all concomitant medications and discontinue any potentially contributing medications. Withhold UKONIQ for severe (Grade 3) cutaneous reactions until resolution. Monitor at least weekly until resolved. Upon resolution, resume UKONIQ at a reduced dose. Discontinue UKONIQ if severe cutaneous reaction does not improve, worsens, or recurs. Discontinue UKONIQ for life-threatening cutaneous reactions or SJS, TEN, or DRESS of any grade. Provide supportive care as appropriate.

Allergic Reactions Due to Inactive Ingredient FD&C Yellow No. 5: UKONIQ contains FD&C Yellow No. 5 (tartrazine), which may cause allergic-type reactions (including bronchial asthma) in certain susceptible persons, frequently in patients who also have aspirin hypersensitivity.

Embryo-fetal Toxicity: Based on findings in animals and its mechanism of action, UKONIQ can cause fetal harm when administered to a pregnant woman. Advise pregnant women of the potential risk to a fetus. Advise females and males with female partners of reproductive potential to use effective contraception during treatment and for at least one month after the last dose.

Serious adverse reactions occurred in 18% of 221 patients who received UKONIQ. Serious adverse reactions that occurred in ≥2% of patients were diarrhea-colitis (4%), pneumonia (3%), sepsis (2%), and urinary tract infection (2%). Permanent discontinuation of UKONIQ due to an adverse reaction occurred in 14% of patients. Dose reductions of UKONIQ due to an adverse reaction occurred in 11% of patients. Dosage interruptions of UKONIQ due to an adverse reaction occurred in 43% of patients.

The most common adverse reactions (>15%), including laboratory abnormalities, in 221 patients who received UKONIQ were increased creatinine (79%), diarrhea-colitis (58%, 2%), fatigue (41%), nausea (38%), neutropenia (33%), ALT increase (33%), AST increase (32%), musculoskeletal pain (27%), anemia (27%), thrombocytopenia (26%), upper respiratory tract infection (21%), vomiting (21%), abdominal pain (19%), decreased appetite (19%), and rash (18%).

Lactation: Because of the potential for serious adverse reactions from umbralisib in the breastfed child, advise women not to breastfeed during treatment with UKONIQ and for at least one month after the last dose.

Please visit www.tgtherapeutics.com/prescribing-information/uspi-ukon for full Prescribing Information and Medication Guide.

Cancer Stat Facts: Leukemia — Chronic Lymphocytic Leukemia (CLL). National Cancer Institute Surveillance, Epidemiology, and End Results Program website. https://seer.cancer.gov/statfacts/html/clyl.html. Accessed October 26, 2020.

2 EpiCast Report: Chronic Lymphocytic Leukemia – Epidemiology Forecast to 2025. Available at: https://store.globaldata.com/report/gdhcer164-17–epicast-report-chronic-lymphocytic-leukemia-epidemiology-forecast-to-2025/.

Cautionary Statement
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements relating to the BLA/sNDA submission of ublituximab in combination with UKONIQ® (umbralisib), the FDA’s planned ODAC meeting to review the benefit-risk of UKONIQ monotherapy and in combination with ublituximab, the FDA review and potential approval of the BLA/sNDA and the timing thereof, the potential benefits, safety and efficacy of ublituximab in combination with UKONIQ in CLL, the clinical development of our product candidates, and anticipated milestones. In addition to the risk factors identified from time to time in our reports filed with the U.S. Securities and Exchange Commission, factors that could cause our actual results to differ materially are the following: the risk that the FDA will not approve the BLA/sNDA submissions; the risk that FDA will withdraw approval of UKONIQ for the treatment of relapsed or refractory MZL or FL; the risk that safety issues or trends observed in the UNITY-CLL study, including rates of serious adverse events and Grade 3 or greater adverse events, discontinuation rates due to adverse events, and dose modifications due to adverse events will prevent approval of ublituximab in combination with UKONIQ or, if approved, will lead to a REMS or other actions for risk management; the risk the Company will voluntarily withdraw the BLA/sNDA for ublituximab in combination with UKONIQ after further analysis of data from the UNITY-CLL study; the risk that the outcome of the ODAC meeting is not favorable or, even if favorable, the FDA does not approve the U2 combination or does so in a narrowly defined population or imposes certain restrictions or warnings that negatively impact the commercial potential of U2 in CLL, the currently approved indications of UKONIQ, or any future indications for UKONIQ or ublituximab; the risk that the FDA does not take action on the BLA/sNDA by the PDUFA target goal date of June 25, 2022; the risk that the U2 regimen, or any other product candidates, will not be commercially successful if approved; the risk that the differentiated tolerability profile for UKONIQ previously observed in clinical trials will not be reproduced in the UNITY-CLL trial or any other on-going studies or the FDA will disagree with our interpretation of the safety of UKONIQ, ublituximab or any of our drug candidates; the uncertainties inherent in research and development; and the risk that the ongoing COVID-19 pandemic and associated government control measures have an adverse impact on our research and development plans or commercialization efforts.

Further discussion about these and other risks and uncertainties can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as updated by our subsequent Quarterly Reports on Form 10-Q, and in our other filings with the U.S. Securities and Exchange Commission. Any forward-looking statements set forth in this press release speak only as of the date of this press release. We do not undertake to update any of these forward-looking statements to reflect events or circumstances that occur after the date hereof.

This press release and prior releases are available at www.tgtherapeutics.com. The information found on our website is not incorporated by reference into this press release and is included for reference purposes only.

CONTACT:

Investor Relations

Email: [email protected]
Telephone: 1.877.575.TGTX (8489), Option 4

Media Relations:

Email: [email protected]
Telephone: 1.877.575.TGTX (8489), Option 6



Capstone Green Energy Reducing Operating Costs as the Business Model Shifts Towards Energy as a Service

Capstone Green Energy Reducing Operating Costs as the Business Model Shifts Towards Energy as a Service

Lower Operating Costs Combined with Rental Fleet Deployments to Improve Financial Performance

VAN NUYS, Calif.–(BUSINESS WIRE)–Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green Energy-as-a-Service (EaaS) solutions, has launched an effort to reduce operating costs and modify the operating model to better match the Company’s expanding EaaS business. The expense reduction plan implemented this week is intended to support Capstone’s stated goal of reaching consistent quarterly positive adjusted EBITDA.

The Company has undertaken a holistic review of the organization, taking the growing EaaS business into account. EaaS adds diversity to the Company’s revenues and allows for a more streamlined staffing model that constitutes most of the operating cost reductions. Other measures taken to reduce expenses, until this spring when the Company expects to realize increased revenue from rental units yet to be commissioned, include temporary salary reductions for the Capstone Green Energy leadership team and company management, furloughing some employees, and moving others to part-time status.

“We are committed to making the changes needed to increase our profitability through better alignment of our current cost structure to support our higher margin Energy-as-a-Service revenues,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “While Capstone has achieved adjusted positive EBITDA in the past, the EaaS business model generates high margin recurring revenue that should drive more consistent quarter to quarter positive adjusted EBITDA.”

The EaaS rental unit timeline includes a delay between the time of manufacture and the time revenue from that unit is realized. The microturbine rental unit is built, allocated by a signed rental contract, and then commissioned at the customer site, at which point it begins to generate revenue.

“These actions are designed to enhance our ability to execute on our business plans and serve our customers who are looking to outsource their energy management, while also lowering energy costs, increasing resiliency and reducing emissions,” Mr. Jamison continued. “We will continue to look for ways to enhance Capstone’s financial performance and overall cost structure to optimize adjusted EBITDA.”

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ: CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: [email protected]. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s positive adjusted EBITDA goal and expectations for the Company’s expense reduction plan. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the timing of rental units generating revenue; further cost reduction efforts; the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

Capstone Green Energy

Investor and investment media inquiries:

818-407-3628

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Energy Utilities Environment Technology Alternative Energy Energy Software

MEDIA:

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Alpha and Omega Semiconductor Announces Wireless Charging Transmitter Solutions

Alpha and Omega Semiconductor Announces Wireless Charging Transmitter Solutions

50W AOZ32034AQV Half-Bridge Power Stage Offers Power Dense Solution for Wireless Charging Applications

SUNNYVALE, Calif.–(BUSINESS WIRE)–Alpha and Omega Semiconductor Limited (AOS) (Nasdaq: AOSL), a designer, developer, and global supplier of a broad range of power semiconductors, power ICs, and digital power products, today announced the release of AOZ32034AQV, a new product in the family of coil drivers for wireless charging transmitter circuits of up to 50W. Packaged in a thermally enhanced QFN 4 x 4 package, the device is designed for wireless charging applications in charging stations, cordless power tools, vacuum cleaners, drones, and other consumer electronic equipment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220303005327/en/

Coil Driver for Wireless Charging (Graphic: Business Wire)

Coil Driver for Wireless Charging (Graphic: Business Wire)

The AOZ32034AQV offers a higher power rating of up to 50W compared to the previous device in this family, the AOZ32033AQI, that was suited for 30W applications. Wireless charging circuits use a full-bridge topology with a resonant tank circuit to get the best power conversion efficiency. The AOZ32034AQV half-bridge power stage simplifies the implementation of this topology over discrete approaches. A key feature of this product family is the ability to adjust MOSFET gate drive using the slew rate control (SRC) pin. This allows a system designer to optimize the design by making trade-offs between EMI and efficiency. The device can be used for a wide range of input voltages from 4V to 28V.

“Wireless charging offers convenience in many applications. Implementations, especially in applications sensitive to EMI, can be complex. AOS’s new half-bridge power stage for coil drivers reduces these complexities while reducing solution footprint,” said Armin Hsu, Power IC Marketing Manager at AOS.

Technical Highlights

  • Integrated Half-Bridge Power Stage and bootstrap diode with wide input voltage (4V to 28V) range enables reduced PCB size
  • Low RDS(ON) internal N-FETs for both HS/LS supports TX circuit designs of up to 50W
  • Adjustable MOSFET gate slew rate control (SRC) for an optimal trade-off between EMI and efficiency
  • Robust and Reliable with built-in protection: OTP, VCC UVLO, Bootstrap UVLO
  • Thermally enhanced QFN4x4 package

Coil Driver Family Product List

Part Number

Vin max.

Integrated MOSFET

Wireless Charging Transmitter (TX) Capability

Package

AOZ32033AQI

28V

11mohm

Up to 30W

18-Pin, QFN3x3

AOZ32034AQV

28V

7.5mohm

Up to 50W

23-Pin, QFN4x4

Pricing and Availability

The AOZ32034AQV is immediately available in production quantities with a lead-time of 24 weeks. The unit price in 1,000pc quantities is $1.0 for AOZ32034AQV.

About AOS

Alpha and Omega Semiconductor Limited, or AOS, is a designer, developer, and global supplier of a broad range of power semiconductors, including a wide portfolio of Power MOSFET, IGBT, IPM, TVS, HVIC, SiC/GaN, Power IC, and Digital Power products. AOS has developed extensive intellectual property and technical knowledge that encompasses the latest advancements in the power semiconductor industry, which enables us to introduce innovative products to address the increasingly complex power requirements of advanced electronics. AOS differentiates itself by integrating its Discrete and IC semiconductor process technology, product design, and advanced packaging know-how to develop high-performance power management solutions. AOS’s portfolio of products targets high-volume applications, including portable computers, flat-panel TVs, LED lighting, smartphones, battery packs, consumer and industrial motor controls, automotive electronics, and power supplies for TVs, computers, servers, and telecommunications equipment. For more information, please visit www.aosmd.com.

Forward-Looking Statements

This press release contains forward-looking statements based on current expectations, estimates, forecasts, and projections of future performance based on management’s judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, references to the efficiency and capability of new products and the potential to expand into new markets. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include but are not limited to the actual product performance in volume production, the quality and reliability of the product, our ability to achieve design wins, the general business and economic conditions, the state of the semiconductor industry, and other risks as described in the Company’s annual report and other filings with the U.S. Securities and Exchange Commission. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date unless otherwise stated, and AOS undertakes no duty to update such information, except as required under applicable law.

Mina Galvan

Tel: 408.789.3233

Email: [email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Technology Mobile/Wireless Hardware Semiconductor

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Coil Driver for Wireless Charging (Graphic: Business Wire)

Hans Schep to Discuss How Ford Pro Drives European Leadership at Jefferies Spring Automotive Conference

Hans Schep to Discuss How Ford Pro Drives European Leadership at Jefferies Spring Automotive Conference

DEARBORN, Mich.–(BUSINESS WIRE)–
Hans Schep, General Manager, Ford Pro Europe will discuss key elements of the Ford Pro ecosystem in a fireside chat with autos analyst Philippe Houchois at the Jefferies Spring Automotive Conference at 12:10 p.m. ET on Tuesday, March 8.

Schep will explain how Ford Pro accelerates productivity for today’s commercial customers by operating differently than other businesses to drive always-on relationships, and how the Ford Pro business is positioned for growth.

The fireside chat can be viewed online. Additional information is available at shareholder.ford.com.

About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers. Ford designs, manufactures, markets and services a full line of connected, increasingly electrified passenger and commercial vehicles: Ford trucks, utility vehicles, vans and cars, and Lincoln luxury vehicles. The company is pursuing leadership positions in electrification, connected vehicle services and mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. Ford employs about 183,000 people worldwide. More information about the company, its products and Ford Motor Credit Company is available at corporate.ford.com.

For news releases, related materials and high-resolution photos and video, visit www.media.ford.com.

Equity Investment

Community:

Lynn Antipas Tyson

914.485.1150

[email protected]

Fixed Income

Investment Community:

Karen Rocoff

313.621.0965

[email protected]

Shareholder

Inquiries:

1.800.555.5259 or 313.845.8540

[email protected]

Media:

Ford Media Center

[email protected]

KEYWORDS: Europe United States North America Michigan

INDUSTRY KEYWORDS: Automotive Other Automotive Automotive Manufacturing General Automotive Manufacturing Performance & Special Interest Alternative Vehicles/Fuels

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IonQ’s New Barium Systems Demonstrate Industry-Leading Qubit Readout Performance

IonQ’s New Barium Systems Demonstrate Industry-Leading Qubit Readout Performance

Barium systems, announced last December, already demonstrating superior fidelity

State detection fidelity data outperforms all other commercial systems and is expected to contribute to higher algorithmic qubits (#AQ) on upcoming barium systems

COLLEGE PARK, Md.–(BUSINESS WIRE)–
IonQ (NYSE: IONQ), a leader in quantum computing, today published results from its new barium-based quantum computer showing its superior state detection fidelity. The results reflect a 13x reduction in state preparation and measurement (SPAM) errors, a metric core to producing accurate and reliable quantum computers. On a per-qubit basis, IonQ has reduced these errors from 50 errors per 10,000 computations down to only 4 errors per 10,000 computations. In other words, IonQ’s barium qubits have brought the company from a 99.5% state detection fidelity up to an industry-leading 99.96%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220303005369/en/

Illustration of qubit readout in an IonQ system — to read the state of ion qubits, the system shines a specially-tuned laser on the qubits, and then measures the light emitted. (Photo: Business Wire)

Illustration of qubit readout in an IonQ system — to read the state of ion qubits, the system shines a specially-tuned laser on the qubits, and then measures the light emitted. (Photo: Business Wire)

The accuracy of computing results is key for the continued adoption of quantum computing in industries ranging from finance to chemistry. Quantum computers experience errors in three ways: imperfect state preparation at the beginning of an algorithm; imperfect quantum logic gates while running said algorithm; or imperfect measurement in reading out results. For quantum computers to scale while maintaining accuracy, all three sources of error must be mitigated. State detection errors grow with every qubit added, meaning that as systems scale, improved state detection fidelity is increasingly critical for the computer to deliver accurate results to a user. Even assuming flawless quantum logic gates, an average SPAM fidelity of 99% would limit a system’s #AQ to around 100; with a SPAM fidelity of 99.96%, it would require roughly 2,000 qubits before SPAM became the limiting factor.

With today’s results, IonQ furthers its technical lead with the best state detection fidelity among commercial quantum computing providers. This high fidelity state detection is also expected to lead to improvements in the algorithmic qubit capacity of IonQ’s upcoming barium systems.

“We have already proven that trapped ions yield more algorithmic qubits than any other quantum computer architecture,” said Professor Jungsang Kim, co-founder and Chief Technology Officer of IonQ. “Today’s announcement demonstrates that our new barium qubits are already paving the way for increased fidelity, adding state detection error reduction as another area where IonQ is clearly leading the field.”

In December, IonQ announced its plan to use barium ions as qubits in its systems, bringing about a wave of advantages it believes will enable advanced quantum computing architectures. The proposed benefits included “lower error rates, higher gate fidelity, and better state detection.” Today’s milestone reaffirms IonQ’s belief that use of barium would lead to better state detection and fewer errors and further validates IonQ’s expansion of its qubit arsenal to include barium.

Last month, IonQ announced a public-private partnership with Pacific Northwest National Lab (PNNL) that created a sustainable, perpetual source of barium qubits to power these systems, securing the supply chain for future barium systems. IonQ also unveiled performance results for IonQ Aria, the Company’s latest generation quantum computer, which, with 20 algorithmic qubits, is the industry’s most powerful quantum computer based on standard application-oriented industry benchmarks. The IonQ team anticipates that the transition to barium will only further that lead in future systems.

About IonQ

IonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. IonQ’s latest generation quantum computer, IonQ Aria, is the world’s most powerful quantum computer, and IonQ has defined what it believes is the best path forward to scale.

IonQ is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct API access. IonQ was founded in 2015 by Christopher Monroe and Jungsang Kim based on 25 years of pioneering research. To learn more, visit www.ionq.com.

IonQ Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. These statements include those related to the results from its new barium-based quantum computer; IonQ’s commercial lead in the area of state detection error reduction; the public-private partnership with PNNL, including expectations that this partnership will be able to supply qubits for IonQ’s quantum computers in perpetuity; IonQ’s plans with respect to its barium-based quantum computer, including improvements in the algorithmic qubit (#AQ) capacity; IonQ’s ability to further develop and advance its quantum computers and achieve scale; IonQ’s market opportunity and anticipated growth; and the commercial benefits to customers of using quantum computing solutions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: market adoption of quantum computing solutions and IonQ’s products, services and solutions; the ability of IonQ to protect its intellectual property; changes in the competitive industries in which IonQ operates; changes in laws and regulations affecting IonQ’s business; IonQ’s ability to implement its business plans, forecasts and other expectations, and identify and realize additional partnerships and opportunities; and the risk of downturns in the market and the technology industry including, but not limited to, as a result of the COVID-19 pandemic and geopolitical tensions, such as Russia’s recent incursion into Ukraine. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of IonQ’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 and other documents filed by IonQ from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations.

IonQ Media Contact:

Mission North

[email protected]

IonQ Investor Contact:

Ryan Gardella

[email protected]

KEYWORDS: United States North America Maryland

INDUSTRY KEYWORDS: Semiconductor Technology Other Technology Other Science Software Science Hardware

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Illustration of qubit readout in an IonQ system — to read the state of ion qubits, the system shines a specially-tuned laser on the qubits, and then measures the light emitted. (Photo: Business Wire)

Intuit TurboTax Renews its Commitment to Latino Education with the Launch of #LeadingConEducación

Intuit TurboTax Renews its Commitment to Latino Education with the Launch of #LeadingConEducación

The job readiness program will benefit students through annual grants and scholarships for the second straight year

SAN DIEGO–(BUSINESS WIRE)–TurboTax from Intuit Inc. (Nasdaq:INTU), announces the launch of #LeadingConEducación, a program designed to empower the next generation of Latino professionals. For the second consecutive year, TurboTax will partner with the Hispanic Heritage Foundation to award educational grants to 40 high school seniors and college students seeking financial support to pursue a higher education diploma or complete their college degree.

“Intuit TurboTax recognizes the role of education and financial literacy in helping Latinos tear down the barriers that keep them from economic growth. We are proud to be expanding our commitment and support the next generation of Latinos professionals by being a part of their educational journey,” said David Zasada, Intuit Vice President Corporate Responsibility. “Providing grants and scholarships to those who don’t have access to resources but have the willingness and ganas to attain a higher education, will help improve their future job possibilities and financial opportunities.”

The multi-year educational program helps prepare young Latinos to take control of their finances through educational content, webinars, and hands-on experience through Intuit TurboTax simulation, a tax preparation exercise in Spanish and English provided by EVERFI. Building on the success of year one, #LeadingConEducación will double the number of scholarships from 20 to 40. “Obtaining a college degree is one of the most important milestones for many Latinos in the United States,” said Jessie Salinas, 2021 Leading Con Educación grant recipient. “Having educational programs like this is vital to enable the personal and professional growth of underserved communities.”

Currently, only one in 13 students in underserved schools has a personal finance curriculum in the U.S. Of those that do, the curriculum often found in many of today’s schools lacks the latest real-world, financial tools available for informed personal finance decision making. This limited access to personal finance knowledge impacts Latino students disproportionately. Through Intuit’s Job Readiness Program, all Latino students can build their durable skills with free personal finance, entrepreneurship, and accounting resources which leverage Intuit products including TurboTax, Mint, and Quickbooks. Intuit is committed to leveling the playing field so that everyone can have the opportunity to prosper.

“We have always believed that education is the key to success, and this program is rooted in the importance of making college accessible to Latino youth,” said Antonio Tijerino, CEO of the Hispanic Heritage Foundation. “We are proud to continue and grow our partnership with Intuit TurboTax and are confident that our students will be set up for long-term success.”

To learn more about Intuit TurboTax’s educational program or to apply for a grant or scholarship, visit the #LeadingConEducación page. The 2022 educational grants application process is currently open and will run through May 8th.

ABOUT INTUIT

Intuit is the global technology platform that helps consumers and small businesses overcome their most important financial challenges. Serving more than 100 million customers worldwide with TurboTax, QuickBooks, Mint, Credit Karma, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit, our products and services, and find us on social.

Intuit

Alejandra Molinari – [email protected]

Havas FORMULATIN

Nelliette Cruz – [email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Technology Men Accounting Fund Raising Hispanic Professional Services Foundation Philanthropy Small Business Consumer University Software Primary/Secondary Education Teens Women Finance

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Amazon Boosts Upskilling Opportunities for Hourly Employees by Partnering with More Than 140 Universities and Colleges to Fully Fund Tuition

Amazon Boosts Upskilling Opportunities for Hourly Employees by Partnering with More Than 140 Universities and Colleges to Fully Fund Tuition

Amazon employees in the U.S. will benefit from new Career Choice partnerships with Southern New Hampshire University, Colorado State University–Global, Western Governors University, National University, and numerous local universities

Amazon also partners with GEDWorks and Smart Horizons to provide employees with free high school completion and GED preparation, Voxy EnGen and goFLUENT to provide English language proficiency training, and Outlier to provide college preparation courses

New benefits are part of Amazon’s Career Choice program and move the company closer to meeting its Upskilling 2025 pledge—a $1.2 billion commitment to upskill more than 300,000 Amazon employees by 2025

SEATTLE–(BUSINESS WIRE)–
Amazon (NASDAQ: AMZN) announced today that it is further expanding the career advancement opportunities it offers its 750,000 hourly employees in the U.S. by partnering with more than 140 national and local universities to provide fully-funded college tuition. The announcement is part of the company’s ongoing enhancements to Career Choice—an Amazon upskilling program designed to help frontline employees grow their skills for career success at Amazon or elsewhere.

Today’s announcement brings into the program dozens of local colleges and universities and four new national nonprofit education providers, including Southern New Hampshire University, Colorado State University–Global, Western Governors University, and National University. Amazon is also partnering with GEDWorks and Smart Horizons to provide high school completion and GED preparation, Voxy EnGen and goFLUENT to provide English language proficiency training, and Outlier to provide college preparation courses—all for free.

“As a new Amazon employee, I’m excited to join the Career Choice program,” said Timothy Burdue, an employee at Amazon’s fulfillment center in Memphis, Tennessee. “I’m so glad they have updated the Career Choice eligibility requirement. Now, this gives me an opportunity to better my future and learn the skills I need to open my own business and advance my career.”

“The expansion of Amazon’s Career Choice program and the partnerships being forged with a wide range of colleges and universities is great news for nontraditional learners seeking new paths to career success,” said Ted Mitchell, president of the American Council on Education. “Higher education is our nation’s most powerful engine of social and economic mobility, and this initiative will both expand access to postsecondary education and increase the number of learners who succeed in completing their degrees.”

These new partnerships are part of Amazon’s continued investment in its Career Choice program, which now offers fully-funded college tuition, allows employees to participate every year they work at Amazon, and gives them eligibility after only 90 days of employment. Through Career Choice, employees can pursue a Bachelor’s degree, earn industry certifications leading to in-demand jobs, and build skills through English language proficiency, and high school completion programs.

With Career Choice, Amazon works to make it easy for employees to advance their education—even building classrooms on-site in many of its buildings. Employees can take classes online, in-person at a local campus, or on-site in one of the more than 110 Career Choice classrooms located in fulfillment centers in 37 states. Since launching in 2012, Career Choice has helped provide education for more than 50,000 employees. As of this announcement, Amazon’s Career Choice program works with more than 180 education providers across the U.S., which along with colleges and universities includes partners providing industry certifications, English language proficiency, and high school completion programs. Career Choice is one of nine free skills training and education programs that Amazon offers to its employees as part of its Upskilling 2025 pledge.

“We’re committed to empowering our employees with easy access to the education and training they need to grow their careers, whether that’s with us or elsewhere,” said Alicia Boler Davis, Senior Vice President of Global Customer Fulfillment. “We’re thrilled today to be adding more education partners to our Career Choice program, which we hope will give our team access to the educational paths that fit their passions. Whether someone is looking to build their English proficiency skills, prepare for GED testing, or earn their Bachelor’s degree, we’re working to meet our employees wherever they are on their educational journey.”

Career training is just one of the industry-leading benefits that Amazon offers to its team. In addition, Amazon pays employees an average starting wage of $18 per hour, which is more than double the federal minimum wage, and provides comprehensive health benefits, paid time off, up to 20 weeks of fully paid parental leave, and additional benefits for employees and their families.

To learn more about Career Choice, visit https://www.aboutamazon.com/news/workplace/career-choice.

To learn more about Amazon’s $1.2 billion investment to upskill 300,000 employees in the next four years, visit http://aboutamazon.com/upskilling2025.

Amazon jobs are available in hundreds of cities and towns across America. Interested candidates can see the regions with open positions at https://hiring.amazon.com/.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Professional Services Education Human Resources Continuing Training University

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ForgeRock to Present at Upcoming Investor Conferences

ForgeRock to Present at Upcoming Investor Conferences

SAN FRANCISCO–(BUSINESS WIRE)–
ForgeRock, Inc. (NYSE: FORG), a global identity leader, today announced that members of its management team are scheduled to participate in upcoming investor conferences.

Details for each event are as follows:

KeyBanc’s 17th Annual Emerging Technology Summit

Tuesday, March 8, 2022, at 11:30 a.m. PT (2:30 p.m. ET)

Morgan Stanley Technology, Media & Telecom Conference

Thursday, March 10, 2022, at 2:25 p.m. PT (5:25 p.m. ET)

William Blair Tech Innovator’s Conference

Wednesday, March 15, 2022

The presentations will be webcast live on the investor relations section of ForgeRock’s website investors.forgerock.com. Replays of the presentations will be available on the website following the completion of each event.

About ForgeRock

ForgeRock®, a global leader in digital identity, delivers modern identity and access management solutions for consumers, employees and things to simply and safely access the connected world. Using ForgeRock, more than 1,300 organizations around the world orchestrate, manage, and secure the complete lifecycle of identities from dynamic access controls, governance, APIs, and storing authoritative data – consumable in cloud or hybrid environments.

Investor Relations Contacts:

Mark Kang, ForgeRock

Nicole Borsje, The Blueshirt Group

[email protected]

Media Contacts:

Kristen Batch, ForgeRock

[email protected]

Stacey Hurwitz, ForgeRock

[email protected]

Evgenia Sinopidou, Edelman

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Software Technology Data Management Security

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Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics

Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics

Payments and financial technology leader wins FICO® Decisions Award for AI, machine learning & optimization, using advanced fraud technologies

SAN JOSE, Calif.–(BUSINESS WIRE)–
FICO (NYSE: FICO):

Highlights:

  • Fiservwins a 2022 FICO® Decisions Award for fraud management
  • Fiserv has reduced fraud losses 10 to 15% for its financial institution clients
  • False declines decreased by 20% for banks and credit unions

Fiserv, a leading global provider of payments and financial services technology solutions, has won a 2022 FICO® Decisions Award for AI, machine learning & optimization. Fiserv developed a new fraud mitigation service that has reduced fraud losses, which were already low by industry standards, by 10 to 15% for its small to midsize credit union and bank clients. False declines — legitimate transactions wrongly flagged as fraudulent — decreased by an average of 20%.

Card Risk Mitigation: EnFact® Advanced Scoring from Fiserv builds on FICO® Falcon® Fraud Manager by adding patented neural network modeling technology to deliver real-time detection of suspicious card transactions. The solution brings together the enhanced artificial intelligence capabilities of Adaptive Analytics, FICO® Fraud Predictor and Global Intelligent Profiles, providing a cohesive, complementary and holistic approach. The grouping of these FICO models enables Fiserv to provide a solution that adapts to fraud as it evolves through any client, cardholder, channel, or transaction type.

More information: https://www.fico.com/en/latest-thinking/solution-sheet/fico-falcon-fraud-manager-partners

“The current fast-paced payments environment presents the challenge of mitigating fraudulent transactions while simultaneously reducing cardholder friction,” said Patrick Davie, senior vice president, product strategy, Card Services at Fiserv. “Our clients are seeing excellent results from these new capabilities, both in terms of a marked fall off in fraud, and also in a drop in instances of overly-sensitive risk controls blocking legitimate activity — something that is becoming almost as big of an issue as the fraud losses that traditional antifraud technologies are designed to prevent.”

The new offering keeps up with changes in the value, volume, and timing of transactions. It accounts for changes in merchant categories and transaction locations, which are particularly relevant as card-present transactions decreased at the onset of the pandemic and shoppers quickly gravitated online. The weekly delivery of updated FICO Fraud Predictor merchant profiles ensures Fiserv has the most up-to-date merchant risk data, Adaptive Analytics technology identifies new fraud trends as they emerge, while Global Intelligent Profiles monitors ATM machines to identify high-risk terminals. When combined with the cardholder profiles and FICO’s Behavior Sorted List (B-List) technology, Fiserv protected the cardholder experience by understanding what was “normal”, even as transaction patterns shifted.

Fiserv has documented impressive results:

  • 10 to 15% reduction in fraud losses for banks and credit unions relative to their performance prior to using the solution
  • An average 20% reduction in the false decline rate reducing customer frustration
  • 50% decrease in fraud basis points for banks using Fiserv fraud mitigation solutions compared to those not using these tools

“Fiserv has created an effective new fraud mitigation model in response to a changing market,” said Nikhil Behl, chief marketing officer at FICO. “Smaller financial institutions receive the same cutting-edge service without the onerous overheads. Fiserv has democratized fraud mitigation and demonstrated its continued innovation for its bank and credit union clients.”

“Fraud protection as a service is a compelling idea,” said Sibulelo Ncamani, head of operational risk and governance at Absa Bank and one of the FICO Decisions Awards judges. “Fiserv has combined three technologies so that the sum of these tools is greater than their individual parts. The beauty of the grouping is that it is blended into one, simple to use solution for their customers.”

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index and has been recognized as one of FORTUNE World’s Most Admired Companies® for 11 of the past 14 years. Visit fiserv.com and follow on social media for more information and the latest company news.

About the FICO® Decisions Awards

The FICO Decisions Awards recognize organizations that are achieving remarkable success using FICO solutions. A panel of independent judges with deep industry expertise evaluates nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. The 2022 judges are:

  • Sidhartha Dash, research director at Chartis
  • Paul Deall, head of risk, mortgages at Westpac (previous winner)
  • Senthil Erulappan, director, product engineering for merchant, risk and collections at FIS
  • Armando Junior, general manager, risk and compliance at Dock (previous winner)
  • Sheila Leverone, chief marketing officer at eDriving (previous winner)
  • Sibulelo Ncamani, head of operational risk and governance at Absa Bank (previous winner)
  • Graham Rand, operational researcher and editor ofImpact
  • Dinesh Suresh, head, digital builds for consumer secured lending at OCBC Bank (previous winner)

The winners of the FICO Decisions Awards will be spotlighted at and win tickets to FICO® World 2022, the Decisions Conference, May 2022 in Orlando, Florida.

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, manufacturing, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 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 www.fico.com.

FICO and Falcon are registered trademarks of Fair Isaac Corporation in the US and other countries.

Media:

Greg Jawski, Porter Novelli for FICO

1-212-601-8248

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Professional Services Data Management Security Technology Software Finance Banking

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