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Celularity and Verséa Ophthalmics Announce Exclusive U.S. Commercialization Agreement to Distribute Biovance® and Biovance® 3l Ocular For Ophthalmic Applications

FLORHAM PARK, N.J. and TAMPA, Fla., July 27, 2023 (GLOBE NEWSWIRE) — Celularity Inc. (Nasdaq: CELU) (“Celularity”), a biotechnology company developing placental-derived allogeneic cell therapies and biomaterial products, and Verséa Ophthalmics, LLC (“Verséa Ophthalmics”), a Tampa, FL-based company that focuses on providing complete ocular point-of-care diagnostic and therapeutic interventions, today announced that the companies have entered into an exclusive U.S. commercialization agreement in which Verséa Ophthalmics will distribute Celularity’s BIOVANCE® and BIOVANCE® 3L Ocular products to support the treatment of ocular surface disease and ocular surgical applications.

BIOVANCE® and BIOVANCE® 3L Ocular, which are single-layer and three-layer (3L) allografts, respectively, are intended for use as a biological membrane covering that provides an extracellular matrix. BIOVANCE® 3L Ocular is acellular and consists of three layers of an amniotic membrane that supports treatment of advanced ocular surface disease. As a barrier membrane, BIOVANCE® 3L Ocular is intended to protect the underlying tissue and preserve tissue plane boundaries. Applications include corneal and conjunctival-related injuries or defects such as corneal epithelial defects, pterygium repair, fornix reconstruction, and other procedures, all of which are significant opportunities, the companies believe.

The global persistent corneal epithelial defect management market is currently valued at
$8.5 billion, and is expected to grow at an 18 percent compound annual growth rate (CAGR) through 2033, reaching a valuation of $44.49 billion, according to Future Market Insights.

“We are excited to partner with Verséa Ophthalmics to distribute our BIOVANCE® and BIOVANCE® 3L Ocular products in the U.S.,” said Robert J. Hariri, M.D., Ph.D., Celularity’s CEO, Chairman and Founder. “Verséa Ophthalmics has the channel expertise in eye care necessary to reach physicians and to provide patients in need access to our innovative biomaterial technology.”

“As a corneal specialist by training, I have witnessed the transformative impact innovative tissue-based ocular therapeutic interventions can have for patients both in the clinic and surgically,” said Rob Sambursky, M.D., President, Verséa Ophthalmics. “Our commercialization agreement with Celularity allows us to offer a decellularized, ringless, advanced wound healing option to drive forward innovation for ocular surface diseases.”

Terms of the agreement are not disclosed.

About Verséa Ophthalmics, LLC

Verséa Ophthalmics, LLC is a division of Verséa Health, Inc., a diversified life-science company committed to delivering innovative, high-value diagnostic and therapeutic solutions to improve health care quality and access. It is specialized in the sale and distribution of innovative solutions for the diagnosis, treatment, and management of ocular surface diseases and surgical wound healing. To learn more, visit: www.versea.com/ophthalmics

About Celularity

Celularity Inc. (Nasdaq: CELU) headquartered in Florham Park, N.J., is a biotechnology company leading the next evolution in cellular and regenerative medicine by developing allogeneic cryopreserved off-the-shelf placental-derived cell therapies, including therapeutic programs using mesenchymal-like adherent stromal cells (MLASCs), T-cells engineered with CAR (CAR T-cells), and genetically modified and unmodified natural killer (NK) cells targeting indications in autoimmune, infectious and degenerative diseases, and cancer. Celularity also develops, manufactures and commercializes innovative biomaterial products also derived from the postpartum placenta. Celularity believes that by harnessing the placenta’s unique biology and ready availability, it can develop therapeutic solutions that address significant unmet global needs for effective, accessible, and affordable therapies.

To learn more, visit www.celularity.com

Celularity Media Contact:
Paul Graves, Chief Communications Officer
Celularity Inc.
[email protected]

Verséa
Media Contact

Rahim K. Hirji, R. Ph.
Verséa Ophthalmics, LLC
[email protected]



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Data Storage Corporation Secures Sizable Subscription-Based Contract with One of the Largest Food Distributors in the United States

MELVILLE, N.Y., July 27, 2023 (GLOBE NEWSWIRE) — Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber security, and IT services, today announced it has secured a multi-year, subscription-based contract with one of the largest food distributors in the United States. The Company will provide managed disaster-recovery solutions for the client to reduce recovery time of critical data and allow them to resume normal business operations more quickly.

Hal Schwartz, President of CloudFirst, stated, “More and more companies are realizing the advantages of putting business continuity solutions in place that will allow IT operations to run seamlessly. We provide security and reliability with custom-built solutions to meet the needs of our clients regardless of the industry. With this recent contract with a large food distributor, we believe we are well-positioned to aggressively penetrate this industry and support similar clients.”

Chuck Piluso, CEO of Data Storage Corporation, commented, “We continue to secure high-margin, subscription-based contracts, which we believe validates our ability to provide these much-needed enterprise resources, services, and superior support to our clients. Specifically, with this contract, we have gained a large footprint in this vertical, enhancing our reach within the food industry, and providing new growth opportunities. We are proud to be supporting this premier client and look forward to exploring additional solutions for implementation in the future.”

About Data Storage Corporation

Data Storage Corporation (Nasdaq: DTST) is a family of fully integrated cyber security, cloud infrastructure, and voice & data companies, built around investments in proprietary IT solutions for a broad range of domestic and global customers, including Fortune 500 clients, across a wide range of industries, such as government, education, and healthcare, with a focus on the rapidly growing, multi-billion-dollar business continuity market. A stable and emerging growth leader in cloud infrastructure support, DTST companies operate regional data center facilities across North America, sustainably servicing clients via recurring subscription agreements.  Additional information about the Company is available at: www.dtst.com and on Twitter (@DataStorageCorp).

Safe Harbor Provision

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. These risks should not be construed as exhaustive and should be read together with the other cautionary statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it was initially made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or otherwise.

Contact:

Crescendo Communications, LLC
212-671-1020
[email protected]
SOURCE: Data Storage Corporation



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Fortinet Recognized as the Sole Leader in the Westlands Advisory 2023 IT/OT Network Protection Platforms Navigator™

As one of the top and fastest growing OT security vendors, Fortinet is increasing market share with its integrated OT-Aware Security Fabric platform

SUNNYVALE, Calif., July 27, 2023 (GLOBE NEWSWIRE) — John Maddison, Chief Marketing Officer and EVP, Product Strategy at Fortinet
“For nearly two decades, organizations worldwide have trusted Fortinet to secure industrial environments and meet the operational and regulatory requirements of operational technology [OT] networks. We’re pleased that our continued innovation and investment in OT security has been recognized by Westlands Advisory, which has named Fortinet the sole leader in its IT/OT Network Protection Platforms Navigator.”

News Summary

Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Westlands Advisory, a leading OT security industry analysis and strategy firm, has named Fortinet as the sole Leader in the 2023 IT/OT Network Protection Platforms Navigator.

Fortinet is the only vendor that achieved Leader status in the IT/OT Network Protection Platforms Navigator, which highlights the company’s OT network and security experience. The company continues to support customers with its continued investments in product development and in building an OT-Aware Security Fabric, which enables multiple technologies to work together across IT and OT environments with shared threat intelligence and simplified management that offers full visibility across the attack surface.

Innovation, Scalability, and Ease of Deployment for OT Organizations

Westlands Advisory points out that a key Fortinet strength is “its ability to provide security solutions across the entire Purdue model from sensor to cloud. Industry partners and customers often cite Fortinet’s solutions as easy to deploy, use, and scale.”

This recognition from Westlands Advisory reinforces Fortinet’s commitment to OT security, which is one of the company’s top priorities. Over the last year, Fortinet has increased its market share in the OT market and is now one of the fastest-growing OT vendors on track to meet its goal of being number one in OT security. As Westlands Advisory notes, Fortinet’s “OT business has grown strongly, outpacing average market growth, due to increased investment in products, staff, and the sales and marketing operations.”

Benefits and Risks of IT/OT Network Convergence

IT and OT networks have traditionally been kept separate but are increasingly being integrated to meet business goals such as improving productivity and reducing costs. However, interconnecting IT and OT environments also increases risk. By targeting IT networks, cybercriminals often can gain access to OT systems. Attacks on power grids, shipping lines, manufacturing plants, and other facilities are steadily increasing. But according to the 2023 Fortinet State of Operational Technology and Cybersecurity Report, cybersecurity solutions continue to aid in the success of most (76%) OT professionals, particularly by improving efficiency (67%) and flexibility (68%).

In the Industrial Cybersecurity Outlook section, Westlands Advisory suggests that security leaders “transition to a platform approach to cybersecurity to achieve unified visibility across their assets and to implement and manage security policies and procedures across OT environments.”

Security and Services Specifically Designed for OT Networks

To address the customer challenges related to managing threats and vulnerabilities, Fortinet takes a platform approach to OT using the Fortinet OT-Aware Security Fabric. This portfolio of cybersecurity products, solutions, and security services is designed specifically for industrial networks, extending the Fortinet Security Fabric capabilities to OT networks in factories, plants, remote locations, ships, and other operational technology environments.

The OT-centric features and products in the OT-Aware Security Fabric include:

  • Secure networking, using FortiGate Next-Generation Firewall, FortiNAC, and FortiSwitch for OT, including ruggedized hardware for harsh environments
  • Threat intelligence through OT and IoT Security Services and Inline Sandbox
  • Zero-Trust Access with FortiPAM Secure Remote Access
  • Security operations, using FortiDeceptor, FortiEDR, FortiNDR, FortiAnalyzer, SEIM, SOAR, and Professional Services for OT
  • An open ecosystem of alliances and integrations with leading OT technology vendors

The OT-Aware Security Fabric seamlessly provides security for converged IT/OT ecosystems to mitigate cyber and production risk for industrial and cyber-physical system companies.

Additional Resources

About Fortinet

Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.


FTNT-O

Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. 

Media Contact: Investor Contact: Analyst Contact:
Michelle Zimmermann
Fortinet, Inc.
408-235-7700
[email protected]

 Peter Salkowski
Fortinet, Inc.
408-331-4595
[email protected]		 Brian Greenberg
Fortinet, Inc.
408-235-7700
[email protected]



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Broadcom Delivers Industry-Leading Cloud Technology To Enterprise Data Centers

New Trident 4-X7 Ethernet Switch Doubles Bandwidth, Cuts Power per 100G Port in Half, and Offers Hyperscale-Class Visibility, Security and Reliability

SAN JOSE, Calif., July 27, 2023 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO) today announced delivery of the new Broadcom Trident 4-X7 Ethernet switch ASIC— a 4.0 Terabits/second fully programmable switch designed for enterprise data center ToR (Top of Rack) boxes.

The Trident 4-X7 offers native support for 400G connectivity to the next-generation spine/fabric technologies, which are making their way from the cloud into enterprise data centers. This new device offers greater performance and features, while cutting power per 100G port by more than half versus the current generation solution.

The Trident 4-X7 also offers hardware features for analytics, diagnostics and telemetry that cloud customers can use to automate their data center operations. These features will greatly improve reliability, while reducing operational costs. Also, Trident 4-X7 is fully programmable and can be upgraded in the field to support new data center requirements. This is imperative for the longer enterprise life cycles that necessitate the highest level of future-proofing for longer platform lifetime and investment protection.

“Broadcom has made huge investments in addressing the needs of our cloud customers,” said Ram Velaga, senior vice president and general manager, Core Switching Group, Broadcom. “We are also uniquely positioned to bring all of these cloud technologies into enterprise data centers. Enterprise customers can now take advantage of the same capabilities and innovations.”

As the enterprise market enters a new upgrade phase with their spine networks migrating to 400G, the next generation of enterprise data centers will immensely benefit from the Trident 4-X7. The SerDes and port speeds provided by the Trident 4-X7 will support the next generation of servers as AI/ML workloads expand into enterprise data centers. The chip also supports Enterprise SONiC and SAI to promote rapid and seamless integration into data center operations networks.

Trident 4-X7 Key Benefits

  • Doubles bandwidth, while reducing power by more than half compared to current generation
  • Forwarding and policy scales greatly increased over the current generation to support ever-expanding network sizes
  • High-performance enterprise ToR with support for 50G or 100G to the server and 400G connectivity to the spine/fabric
  • A fully programmable switch, allowing powerful new feature additions without any need for hardware changes
  • Investment protection with a long time horizon for enterprise data centers that will need to track innovations developed for the cloud segment

Availability

Broadcom is now shipping Trident 4-X7 devices to qualified customers. For more information on the Broadcom Trident 4-X7 Ethernet switch please click here.

To learn more about all Broadcom products please visit www.broadcom.com.

About Broadcom

Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom’s category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cybersecurity software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. For more information, go to https://www.broadcom.com.

Broadcom, the pulse logo, Tomahawk, and Connecting Everything are among the trademarks of Broadcom.  The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

Press Contact:

Jon Piazza
Corporate Communications
[email protected]
Telephone: +1 310 498 5254


Quotes

Martin Hull, Vice President, Cloud Titans and Platform Product Management, Arista Networks

“Arista 7050X and 7358X Series running EOS provide a compelling range of solutions for enterprise data centers, powered by multiple generations of the Broadcom Trident architecture. Arista appreciates the innovation and evolution of Trident 4 technology with next generation SerDes and telemetry features. It validates the speed migration to 25G leaf and 100/400G spines with optimized power reduction in future enterprise networks.” 

Richard Li, Vice President of H3C Group, GM of Switching BU

“H3C Group is one of the leading providers of both Cloud and Enterprise datacenter solutions for the Chinese market. As such, our customers expect us to be at the leading edge of the newest technologies in both segments. Trident 4-X7 allows us to offer the latest Cloud technologies to our Enterprise customers, enabling their transition to 400G, while staying within their price and power budgets.”



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Leading Forensic Science Facility, Miami Valley Regional Crime Laboratory/Montgomery County Coroner’s Office, Chooses AwareABIS™ to Solve Cases Faster and More Accurately

Five-Year Cloud-based Subscription Includes Mobile ID, Fingerprint Scanners for Intake and Release of Subjects

BURLINGTON, Mass., July 27, 2023 (GLOBE NEWSWIRE) — Miami Valley Regional Crime Laboratory/Montgomery County Coroner’s Office (OH) is a forensic science facility dedicated to assisting law enforcement agencies with criminal investigations. Today it announced its selection of cloud-based AwareABIS (Automated Biometric Identification System) from Aware, Inc. (NASDAQ: AWRE) to assist in the accurate intake and release of subjects, helping solve more cases faster while increasing community protection.

“As a cloud-based solution, AwareABIS greatly alleviates our dependence on internal IT resources and physical hardware,” says Dr. Kent Harshbarger, Montgomery County Coroner. “AwareABIS is easy to use, and delivers fast, accurate fingerprint and palmprint identification, for the 70-member law enforcement agencies we serve. This is vital to our ability to crack cases quickly, identify the deceased, and ensure community safety.”

“As Aware’s first software-as-a-service (SaaS) cloud-based Aware ABIS contract, the implementation with Miami Valley Regional Crime Laboratory/Montgomery County Coroner’s Office also enhances our overall standing in the ABIS market,” says Craig Herman, chief revenue officer, Aware. “Aware’s technology is now being used to solve crime in 26 out of 50 states in the United States, and we are proud to provide the regional criminal justice community with the fastest, most foolproof tool for both identifying and exonerating suspects.”

AwareABIS supports fingerprint, face, and iris recognition for large-scale biometric identification. Designed to serve between 1-30 million identities or more, its modular architecture helps security teams configure and optimize the system for civil or criminal applications. AwareABIS is based on BioSP™ (Biometric Services Platform), Aware’s market-leading workflow and integration server. AwareABIS supports the NIST-tested Nexa™ face, fingerprint, and iris matching algorithms, as well as fingerprint algorithms from third-party providers. AwareABIS also works with Astra™, an advanced cluster computing platform, to provide biometric record searching.

About Aware

Aware is a global authentication company that validates and secures identities using leading-edge adaptive biometrics. Aware’s offerings address the growing challenges that government and commercial enterprises face in knowing, authenticating and securing individuals through frictionless and highly secure user experiences. Now celebrating the company’s 30th anniversary as a leader in biometrics, Aware’s algorithms are based on diverse data sets from around the world and can be tailored to the unique security needs of its customers. The company empowers users to have control over identities through clear, easy opt-in and opt-out features, helping them feel secure and improving their lives. Aware is a publicly held company (NASDAQ: AWRE) based in Burlington, Massachusetts. To learn more, visit https://www.aware.com or follow Aware on Twitter @AwareBiometrics.

Safe Harbor Warning

Portions of this release contain forward-looking statements regarding future events and are subject to risks and uncertainties, such as our expectations regarding our new product. Aware wishes to caution you that there are factors that could cause actual results to differ materially from the results indicated by such statements, including but not limited to the risks that i) our operating results may fluctuate significantly and are difficult to predict; ii) we derive a significant portion of our revenue from government customers, and our business may be adversely affected by changes in the contracting or fiscal policies of those governmental entities; iii) a significant commercial market for biometrics technology may not develop, and if it does, we may not be successful in that market; iv) the biometrics market may not experience significant growth or our products may not achieve broad acceptance; v) we face intense competition from other biometrics solution providers; vi) our business is subject to rapid technological change; vii) our software products may have errors, defects or bugs which could harm our business; viii) our business may be adversely affected by our use of open source software; ix) we rely on third party software to develop and provide our solutions and significant defects in third party software could harm our business; x) part of our future business is dependent on market demand for, and acceptance of, the cloud-based model for the use of software: xi) our operational systems and networks and products may be subject to an increasing risk of continually evolving cybersecurity or other technological risks which could result in the disclosure of company or customer confidential information, damage to our reputation, additional costs, regulatory penalties and financial losses; xii) our business may be affected by government regulations and adverse economic conditions. We refer you to the documents Aware files from time to time with the Securities and Exchange Commission, specifically the section titled Risk Factors in our annual report on Form 10-K for the fiscal year ended December 31, 2022 and other reports and filings made with the Securities and Exchange Commission.

CONTACT

Company Contact       
Gina Rodrigues                                              
Aware, Inc.                                                    
781-687-0300                                                   
[email protected]



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ScanSource Announces Partnership with Logitech

ScanSource Announces Partnership with Logitech

New partnership expands video collaboration and modern workplace solutions

GREENVILLE, S.C.–(BUSINESS WIRE)–ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced a partnership with Logitech, a leading designer of hardware and software solutions that help businesses thrive and bring people together when working, creating, gaming and streaming, to deliver the company’s video collaboration and modern workplace solutions.

The partnership expands the modern workplace solutions delivered by ScanSource and includes video conferencing cameras as well as Microsoft Teams and Zoom Room solutions. Additional offerings from Logitech’s portfolio include docks, webcams, headsets, keyboards, and accessories. Logitech partners will now have access to ScanSource’s expertise and support to help grow their business, as well as ScanSource’s extensive education and training programs.

“Logitech’s exceptional portfolio is a valuable addition to enhance our communications and collaboration solutions,” said Brian Cuppett, Senior Vice President, Modern Communications, ScanSource, Inc. “We are excited for this partnership to provide our customers with a more complete solution set for a productivity anywhere workplace model, and in turn, offer Logitech partners our exceptional ScanSource value.”

“Logitech’s decision to partner with ScanSource as a distribution provider is driven by the shared vision of empowering customers and partners to thrive in an increasingly connected world. Together, Logitech and ScanSource will work to expand the reach of Logitech’s industry-leading portfolio, ensuring that all businesses have access to innovative, high-quality products that meet their evolving needs,” said Eric Spadafora, Senior Vice President, Business Sales, Logitech.

ScanSource offers communications and collaboration solutions delivered in the cloud, on-premises, or hybrid, such as voice, video, integration of communications platforms, and contact-center solutions. For more information about ScanSource, please visit scansource.com.

About ScanSource, Inc.

ScanSource, Inc. (NASDAQ: SCSC) is a leading hybrid distributor connecting devices to the cloud and accelerating growth for customers across hardware, SaaS, connectivity and cloud. ScanSource enables customers to deliver solutions for their end users to address changing buying and consumption patterns. ScanSource sells through multiple, specialized routes-to-market with hardware, SaaS, connectivity and cloud services offerings from the world’s leading suppliers of point-of-sale (POS), payments, barcode, physical security, unified communications and collaboration, telecom and cloud services. Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource was named one of the 2022 Best Places to Work in South Carolina and on FORTUNE magazine’s 2023 List of World’s Most Admired Companies. ScanSource ranks #817 on the Fortune 1000. For more information, visit www.scansource.com.

Natalyn Klump

[email protected]

KEYWORDS: United States North America South Carolina

INDUSTRY KEYWORDS: Data Management Technology Audio/Video Software Internet Hardware

MEDIA:

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WWE® & C4® Expand Partnership and Launch First-Ever Product Collaboration

WWE® & C4® Expand Partnership and Launch First-Ever Product Collaboration

WWE-Inspired C4 Ultimate® Pre-Workout Powder & C4 Ultimate EnergyTM Drink Launching Exclusively at GNC Ahead of SummerSlam

STAMFORD, Conn.–(BUSINESS WIRE)–
WWE® (NYSE: WWE) and Nutrabolt, owner of the C4® brand, today announced an expansion to their multi-year partnership with the launch of their first-ever co-branded product collaboration: WWE-inspired flavors of C4 Ultimate Pre-Workout Powder and C4 Ultimate Energy Drink. The products will be available exclusively at GNC ahead of WWE SummerSlam® in Detroit on Saturday, August 5.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230727241018/en/

WWE® & C4® EXPAND PARTNERSHIP AND LAUNCH FIRST-EVER PRODUCT COLLABORATION (Photo: Business Wire)

WWE® & C4® EXPAND PARTNERSHIP AND LAUNCH FIRST-EVER PRODUCT COLLABORATION (Photo: Business Wire)

Allowing consumers to unleash their ultimate undisputed performance, the C4 Ultimate Energy x WWE collection will consist of five special edition flavors and each product label will feature design inspiration drawn from WWE Championship titles.

“C4 has been an outstanding partner and we are excited about the launch of our first collaborative retail activation and extending our sponsorship work together. We believe the overlap between our audiences is strong and this multifaceted approach to our expanding partnership will unlock even more value for the WWE Universe,” said Craig Stimmel, WWE SVP, Head of Global Sales and Partnerships.

C4 Ultimate Energy Drink x WWE is the same supercharged formula with 300mg of caffeine that consumers love, but now available in two new flavors, Ruthless Raspberry and Berry Powerbomb. Without sugar or artificial colors, the new co-branded beverage will allow fans to work hard and play hard without ever missing a beat.

The new C4 Ultimate Pre-Workout Powder x WWE features an entirely new “ultimate heavyweight” formulation including 300mg of caffeine to unleash next-level energy for next-level workouts. Available in three new flavors — Pomegranate PileDriver, Bare Knuckle Blood Orange, and Nectarine Guava Knockout — the product features a superstar combination of premium ingredients like CarnoSyn(R) beta-alanine for peak performance; Velox(R), CitraPeak(R), and citrulline nitrate for increased nitric oxide production to get muscle-splitting pumps; and Brainberry(R) and TeaCrine(R) to elevate focus for mind-muscle connection.

“WWE fans have always been a huge crossover audience for C4, and we are pumped to step into the ring with WWE for our first ever co-branded product collaboration,” said Robert Zajac, Chief Marketing Officer at Nutrabolt. “This collaboration represents a natural expansion of our exciting partnership with WWE, one that we’re confident will take fans’ ‘work hard, play hard, train hard’ lifestyles to the next level. Just take it from Montez Ford, who said, ‘C4 and WWE go together like peanut butter and jelly’.”

To celebrate the launch, C4 is debuting the “Not Safe For Work” creative campaign that explores the right (and wrong) ways to consume C4 Ultimate Energy. Utilizing its WWE brand ambassadors — the newly debuted Seth “Freakin” Rollins, along with Bianca Belair and Street Profits — the brand supercharged the Superstars and unleashed them at the new WWE HQ to the dismay and delight of the heads-down staffers ahead of SummerSlam. The final creative lands a simple fact: this 300mg energy main eventer is not meant to be wasted at the office desk.

As the Official Energy Drink of SummerSlam, the new C4 Ultimate Energy x WWE co-branded drinks will be featured across the SummerSlam broadcast. Additionally, C4 and WWE will host a meet-and-greet on Friday, August 4 with WWE Superstars Seth “Freakin” Rollins and Rhea Ripley at the GNC at the Great Lakes Crossing Outlets in Detroit, allowing fans the opportunity to sample the batch of new C4 Ultimate Energy drinks ahead of SummerSlam at Ford Field. C4 is also upping the ante by surprising the 36th person in each line with a pair of tickets to SummerSlam.

WWE and C4 first partnered in 2021, when WWE Superstars Roman Reigns, Montez Ford, and Bianca Belair joined the company’s growing roster of celebrities, trainers, and athletes to help expand C4’s mission of inspiring and maximizing human performance beyond the ring to everyday life through media, retail, and digital content. In addition, C4 has been a mainstay sponsor at some of WWE’s biggest annual premium live events, including SummerSlam, WrestleMania, and more.

The new C4 Ultimate x WWE products are available exclusively at GNC stores nationwide, online at GNC.com, and on cellucor.com.

About WWE

WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 25 languages through world-class distribution partners including NBCUniversal, FOX, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network.

Additional information on WWE can be found at wwe.com and corporate.wwe.com.

About Nutrabolt

Nutrabolt is a fast-growing, global active health and wellness company with a portfolio of market leading performance-oriented brands that energize and fuel active lifestyles. The company’s disruptive and innovative products compete in the Functional Beverage and Active Nutrition segments, under three consumer-loved brands: C4® (one of the fastest-growing energy drink brands in the United States and the #1 selling global pre-workout brand), XTEND® (the #1 post-workout recovery brand in the United States), and Cellucor® (an award-winning sports nutrition brand created in 2002).

Since its founding 20 years ago, Nutrabolt has set out to meet the discerning needs of performance athletes and fitness enthusiasts, while appealing beyond this core group to include consumers around the globe who are making healthy, active living a daily priority.

Nutrabolt’s portfolio, which is distributed in over 125 countries, is sold through company-owned DTC platforms, Amazon, and other third-party e-commerce marketplaces, and is available at leading retailers across the U.S., including Walmart, Target, 7-Eleven, Walgreens, Kroger, H-E-B, Wawa, Publix, GNC, and the Vitamin Shoppe. For more information about Nutrabolt, please visit www.nutrabolt.com.

Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward looking statements include statements regarding our outlook regarding future financial results, the impact of recent changes to management and our board of directors (the “Board”): the timing and outcome of the Company’s media and other rights negotiations including major domestic programming licenses before their expirations through 2024: the Company’s pending business combination with UFC, our plans to remediate identified material weaknesses in our disclosure control and procedures and our internal control over financial reporting, and regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters. The words “may,” “will,” ·could,” ·anticipate,” “plan,” “continue,” “project,” “intend,” ·”estimate,” “believe,” ·expect,” ·outlook,” “target.” “goal,” ·”guidance” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. These statements relate to future possible events, as well as our plans, objectives, expectations and intentions and are not historical facts and accordingly involve known and unknown risks and uncertainties and other factors that may cause the actual results or the performance by us to be materially different from expected future results or performance expressed or implied by any forward-looking statements.

These forward-looking statements are subject to uncertainties relating to, without limitation, the consummation of the pending business combination with UFC in the expected timeline or at all; diversion of management’s time and attention due to the pending business combination with UFC: the availability of sufficient cash at the close of our transaction with UFC to distribute to shareholders of the new public company in line with current expectations; possible disruptions in our content delivery and online operations and our those of our business partners; privacy norms and regulations; our need to continue to develop creative and entertaining programs and events; our need to retain and continue to recruit key performers; the possibility of a decline in the popularity of our brand of sports entertainment: possible adverse changes in the regulatory atmosphere and related private sector initiatives: the highly competitive. rapidly changing and increasingly fragmented nature of the markets in which we operate and/or our inability to compete effectively, especially against competitors with greater financial resources or marketplace presence; uncertainties associated with international markets including possible disruptions and reputational risks; our difficulty or inability to promote and conduct our live events and/or other businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events; large public events as well as travel to and from such events; our expansion into new or complementary businesses, strategic investments and/or acquisitions; our accounts receivable; the construction and move to our new leased corporate and media production headquarters; litigation and other actions, investigations or proceedings; a change in the tax laws of key jurisdictions; inflationary pressures and interest rate changes; our indebtedness including our convertible notes; our potential failure to meet market expectations for our financial performance; our share repurchase program; the impact of actions by Mr. McMahon (our controlling shareholder, whose interests could conflict with those of our Class A common stockholders); the substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could cause our stock price to decline; and the volatility in trading prices of our Class A common stock. In addition. our dividend and share repurchases are dependent on a number of factors, including. among other things, our liquidity and historical and projected cash flow, strategic plan (including alternative uses of capital, our financial results and condition. contractual and legal restrictions, general economic and competitive conditions and such other factors as our Board may consider relevant.

Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. Undue reliance should not be placed on these statements. For more information about risks and uncertainties associated with the Company’s business. please refer to any documents filed, or to be filed, by the Company with the SEC, including, but not limited to, the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of our annual reports on Form 10‑K and 10‑K/A and quarterly reports on Form 10‑Q/A and Form 10‑Q

Media:


WWE

Chuck Kingsbury

[email protected]

Nutrabolt

Joey Gigante

[email protected]

Investors:

Seth Zaslow

203 352 1026

[email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Film & Motion Pictures Sports TV and Radio Health General Health Wrestling Food/Beverage Entertainment Vitamins/Supplements Retail Fitness & Nutrition

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WWE® & C4® EXPAND PARTNERSHIP AND LAUNCH FIRST-EVER PRODUCT COLLABORATION (Photo: Business Wire)
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ISG to Publish Reports on Intelligent Automation Providers

ISG to Publish Reports on Intelligent Automation Providers

Upcoming ISG Provider Lens™ reports will assess providers facilitating intelligent, AI-powered automation to transform and streamline enterprise business processes

STAMFORD, Conn.–(BUSINESS WIRE)–
Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched research studies examining providers of intelligent automation platforms and services, which are increasingly becoming crucial for a growing variety of business operations.

The ISG Provider Lens™ Intelligent Automation – Platforms and Products 2023 report, scheduled to be released in November, will evaluate providers of technologies at the forefront of the intelligent automation revolution, including conversational AI, intelligent document processing and process discovery and mining. In December, ISG Provider Lens™ will publish the Intelligent Automation – Services and Solutions 2023 report, which will scrutinize automation service providers and global system integrators that offer consulting, implementation, and support services to enterprises.

The report does not cover independent advisory firms, such as ISG Automation, that are platform-agnostic and offer integration and support services across a variety of platforms.

Enterprise buyers will be able to use information from the reports to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients.

As machine learning makes strides, intelligent automation platforms and products are becoming more important for enterprise business transformation. To help put these platforms and products to work, service providers and global systems integrators offer consulting, implementation and support services.

“Emerging technologies are bringing human-machine augmentation to unprecedented levels of advancement, even for complex activities,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Platforms and services are growing more powerful to meet enterprise demand, and service providers and global systems integrators are stepping up to help organizations harness that power amid the growing complexity.”

Though currently one of the hottest topics in the technology space, Generative AI will not be covered in this year’s intelligent automation reports, Aase said. “Generative AI is part of every conversation, but providers are still in the process of developing scalable, enterprise-grade solutions that focus on specific use cases and can handle enterprise data securely and safely,” he said. “We will evaluate providers on their Generative AI solutions in the future as they develop these capabilities.”

For each of the six quadrants covered this year’s reports, ISG notes providers should demonstrate a strategy, roadmap and R&D investments in developing future Generative AI capabilities.

For the Intelligent Automation – Platforms and Products study, ISG has distributed surveys to nearly 100 providers of intelligent automation technologies. Working in collaboration with ISG’s global advisors, the research team will produce three quadrants representing the automation services and products the typical enterprise is buying, based on ISG’s experience working with its clients. The three quadrants to be covered are:

  • Conversational AI Platforms, evaluating providers of software solutions for developing automated agents that interact with users through text or voice. These solutions integrate with chat interfaces such as messaging and social media platforms.
  • Intelligent Document Processing,covering providers of proprietary software products or solutions for automatically discovering, analyzing and processing documents using artificial intelligence technologies such as natural language processing, machine learning, computer vision and deep learning.
  • Process Discovery and Mining, assessing providers of proprietary software platforms, tools and services for discovering and improving real-time processes in an organization. These enable companies to find opportunities for automation to improve workforce productivity and customer experience.

Geographically focused reports from the study will cover the global intelligent automation market and examine products and platforms available in the U.S. and Europe.

A list of identified providers and vendors and further details on the study are available in this digital brochure.

For the Intelligent Automation – Services and Solutions 2023 study, ISG has distributed surveys to more than 50 automation service providers and system integrators. The three quadrants are:

  • Intelligent Enterprise Automation, evaluating providers of services across business process outsourcing and business functions with automation supplemented by advanced analytics and AI technologies, along with associated services that enable enterprises to augment their workforce capabilities.
  • Artificial Intelligence for IT Operations (AIOps),covering vendors of proprietary AIOps solutions, platforms and frameworks that allow enterprises to monitor a distributed IT infrastructure, understand IT behavior and orchestrate workflows or automated corrections.
  • Next-Gen Automation, assessing providers’ approaches to building a sustainable automation roadmap, including innovation, technology adoption and bot development. The quadrant encompasses assisting clients with education, organizational change management and upgrades in sync with new releases.

Reports from this study will cover the global intelligent automation services market and examine services and solutions available in the U.S. and Europe.

A list of identified providers and vendors and further details on the study are available in this digital brochure.

ISG analysts Ashwin Gaidhani (U.S.) and Mark Purdy (Europe) will serve as authors of the reports. Providers not listed in either brochure can contact ISG and ask to be included in the studies.

All 2023 ISG Provider Lens™ evaluations now feature new and expanded customer experience (CX) data that measures actual enterprise experience with specific provider services and solutions, based on ISG’s continuous CX research. Enterprise customers wishing to share their experience about a specific provider or vendor are encouraged to register here to receive a personalized survey URL. Participants will receive a copy of this report in return for their feedback.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries — a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Press:

Will Thoretz, ISG

+1 203 517 3119

[email protected]

Julianna Sheridan, Matter Communications for ISG

+1 978-518-4520

[email protected]

KEYWORDS: Connecticut United States North America

INDUSTRY KEYWORDS: Software Networks Consulting Data Management Professional Services Technology Other Technology Security

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Cutera, Inc. Appoints Taylor Harris as Chief Executive Officer

Cutera, Inc. Appoints Taylor Harris as Chief Executive Officer

Follows Comprehensive Search Process; Brings Over 20 Years of Healthcare Industry Experience and Operational Expertise

BRISBANE, Calif.–(BUSINESS WIRE)–
CUTERA, INC. (“Cutera” or the “Company”) (Nasdaq: CUTR), a leading provider of aesthetic and dermatology solutions, today announced that Taylor Harris has been appointed Chief Executive Officer, effective August 7, 2023. Mr. Harris will succeed Sheila Hopkins, who has been serving as Interim Chief Executive Officer since April 2023. Mr. Harris and Ms. Hopkins will both continue serving as members of Cutera’s Board of Directors.

Mr. Harris joined Cutera’s Board in June 2023. He is a proven executive and brings over 20 years of operational expertise as well as healthcare and life science industry experience to the Company. He most recently served as Senior Vice President and Chief Financial Officer of MyoKardia, a clinical-stage biopharmaceutical company, until the company’s sale to Bristol Myers Squibb in 2020. Previously, Mr. Harris served as Senior Vice President and Chief Financial Officer of ZELTIQ Aesthetics, where he was responsible for overseeing global finance, accounting, tax, treasury, investor relations, and information technology functions, as well as the company’s commercial operations, including customer service, product support, and inside sales. Mr. Harris also served as Chief Financial Officer at Thoratec Corporation, and prior to that he worked at JP Morgan Chase & Co. for over a decade with a focus on the medical device industry.

Kevin Cameron, Chair of the Cutera Board of Directors, said, “Taylor’s appointment follows a comprehensive search process to identify the right leader to execute on Cutera’s strategy and capitalize on additional growth opportunities across the Company’s global footprint. Taylor has a longstanding track record of successfully leading and growing companies in the healthcare industry, and we are confident he is the right leader to help Cutera accelerate our momentum, sharpen our execution and create value for our stockholders.”

Mr. Harris said, “I am honored to take on the role of Chief Executive Officer during such an important time for the Company. For a number of years, I’ve been impressed with Cutera’s commitment to customers, quality, and innovation. Over the past month serving on Cutera’s Board of Directors, I have seen firsthand the tremendous work the team is doing, and I believe that Cutera’s core business, the exciting AviClear opportunity, and the company’s new product engine provide a strong foundation for long-term success. I look forward to working alongside the talented and committed team at Cutera to drive growth and profitability, expand our innovative portfolio, and deliver amazing results for our customers and their patients.”

Mr. Cameron continued, “On behalf of the Board, I’d like to thank Sheila for her leadership and steady hand during a critical period in the Company’s history. Over the last few months, she has worked hard to keep the organization focused on delivering for our customers and advancing key strategic priorities. We would also like to thank all Cutera employees for their patience while the Board conducted its CEO search process.”

Ms. Hopkins, Interim CEO, said, “It has been a privilege to serve as Cutera’s Interim CEO. In the time I’ve been in this role, I’ve gained even deeper insight into Cutera’s business, people and strategy. I’m more confident than ever that Cutera is well-positioned for growth under Taylor’s leadership, and I look forward to applying my learnings as Interim CEO upon returning to my position as an independent director on the Board.”

About Taylor Harris

Mr. Harris served as the Chief Financial Officer for MyoKardia, from 2018 until that company’s acquisition by Bristol Myers Squibb in 2020. Prior to that, Mr. Harris served as Senior Vice President and Chief Financial Officer of ZELTIQ Aesthetics, until that company’s acquisition by Allergan plc. He also served as Vice President and Chief Financial Officer at Thoratec Corporation, which was eventually acquired by St. Jude Medical, Inc and worked at JPMorgan Chase & Co. for over a decade in several capacities, including as a Vice President in the firm’s Healthcare Investment Banking and Equity Research departments. Mr. Harris holds a B.A. from the University of North Carolina at Chapel Hill, where he studied as a Morehead-Cain scholar.

About Cutera, Inc.

Brisbane, California-based Cutera is a leading provider of aesthetic and dermatology solutions for practitioners worldwide. Since 1998, Cutera has been developing innovative, easy-to-use products that harness the power of science and nature to enable medical practitioners to offer safe and effective treatments to their patients. For more information, call +1-415-657-5500 or 1-888-4CUTERA or visit www.cutera.com.

Greg Barker

VP, Corporate FP&A

415-657-5500

[email protected]

Eric Brielmann / Rachel Goldman

Joele Frank, Wilkinson Brimmer Katcher

212-355-4449

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Cosmetics Retail Health General Health Clinical Trials Pharmaceutical Biotechnology

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Occidental Selects AWS as Its Preferred Cloud Provider

Occidental Selects AWS as Its Preferred Cloud Provider

International energy company will use AWS to reduce IT infrastructure costs and develop systems for carbon removal plants capable of removing the equivalent of CO2 emissions from more than 111,000 gasoline-powered passenger vehicles from the atmosphere per year

SEATTLE–(BUSINESS WIRE)–
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Occidental (NYSE: OXY), an international energy company and carbon management leader, has selected AWS as its preferred cloud provider to drive its digital transformation. As part of this new multiyear agreement, Occidental will migrate its core production applications and on-premises information technology (IT) infrastructure to AWS to improve operational efficiencies, eliminate upfront capital expenditures, and support the company’s development of systems that will remove carbon dioxide (CO2) from the atmosphere, including large-scale direct air capture (DAC) plants.

Occidental will move its production systems and applications, analytics tools, and workflows to AWS to gain a more flexible, scalable, and secure IT infrastructure. This mass migration will enable the energy provider to use a broad portfolio of cloud services, including Amazon Elastic Compute Cloud (Amazon EC2) for secure and resizable compute capacity and Amazon Elastic Block Store (Amazon EBS) for high performance block storage to scale IT resources to meet supply and demand fluctuations in the energy market. Leveraging AWS analytics and machine learning will help Occidental gain greater insights and automate processes. For example, Occidental will use AWS Lake Formation to help manage its data lakes and break down data silos, bringing new life to historical data. This will allow Occidental to increase efficiencies and extract greater value from operational data, such as improve exploration decision-making times or optimize equipment performance.

AWS will also work with Occidental and its subsidiary 1PointFive to develop and design systems architecture for its large-scale direct air capture plants, which will remove carbon dioxide from the atmosphere. DAC technology uses high-powered fans to draw air into a processing facility where the CO2 is extracted from the air through a series of chemical reactions and then stored in underground reservoirs. DAC is an integral carbon removal technology that’s needed to help the world reduce CO2 emissions. 1PointFive expects its first plant, named “Stratos,” to capture 500,000 metric tons of CO2 from the atmosphere each year, when fully operational—the equivalent of CO2 emissions from more than 111,000 gasoline-powered passenger vehicles per year. Using AWS infrastructure, 1PointFive can analyze real-time DAC performance data to optimize processes and equipment performance for peak efficiency, and also apply learnings for future plants that are each expected to capture 1 million metric tons per year.

“AWS is helping Occidental digitally transform our operations, and together we are using innovative cloud solutions to drive energy efficiencies and decarbonize the atmosphere,” said Yanni Charalambous, vice president and chief information officer at Occidental. “Migrating our existing on-premises IT infrastructure to the AWS Cloud will help Occidental reduce infrastructure costs and enhance operational efficiencies, so we can innovate faster to advance our plans to reach net-zero and help others do the same.”

“Reducing carbon emissions, addressing growing energy demand, and ensuring energy security are top priorities for communities and companies across the globe,” said Uwem Ukpong, vice president of Global Services at AWS. “Occidental is using AWS’s advanced cloud technologies to take on these generational challenges, at scale, by optimizing carbon removal technology to hasten the world’s decarbonization efforts while increasing efficiencies and reducing the carbon footprint associated with energy production. We look forward to working with Occidental to make environmental sustainability and decarbonization a reality.”

About Amazon Web Services

Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 99 Availability Zones within 31 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in Canada, Israel, Malaysia, New Zealand, and Thailand. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.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 www.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: Data Management Online Retail Technology Other Energy Apps/Applications Green Technology Retail Software Internet Environment Energy

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