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FanDuel Selects AWS as Its Strategic Cloud Provider

FanDuel Selects AWS as Its Strategic Cloud Provider

AWS helps America’s leading sports gaming company scale into new markets while meeting important regulatory requirements

SEATTLE–(BUSINESS WIRE)–
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that FanDuel, the leading sports gaming company in the U.S. (LON: FLTR), has selected AWS as its strategic cloud provider, deepening its relationship with the world’s leading cloud to help power the company’s growth into new markets across the U.S. and Canada. FanDuel is leveraging AWS’s proven, secure, and highly performant infrastructure to scale its support of millions of simultaneous players as they place bets, watch live content, and access real-time features.

“AWS has proven it can provide a secure and reliable infrastructure that helps scale our business quickly into new and existing markets while meeting important regulatory requirements,” said Shane Sweeney, senior vice president, Technology for FanDuel. “This expansion regionally is part of FanDuel’s broader work with AWS, which includes the use of AWS Outposts and Local Zones to help drive our performance.”

“FanDuel is growing at an incredible pace, and we’re excited to collaborate with them to deliver services and solutions that help fuel their success,” said Jan Hofmeyr, vice president of Amazon Elastic Compute Cloud (Amazon EC2) Edge. “FanDuel is one of the largest users of AWS edge solutions and a perfect example of an organization using our consistent cloud infrastructure at the edge to help ensure regulatory compliance, while also increasing their performance, security, and scalability. AWS will continue to provide the capabilities needed to help reduce FanDuel’s time to market as they expand into new regions and continue to provide players with low latency gaming experiences.”

Since FanDuel’s launch in 2009, the company has leveraged AWS’s broad portfolio of cloud services, including compute, storage, analytics, and databases, to develop game enhancements and keep fans connected to their favorite teams. Working with AWS, FanDuel can quickly move key workloads to the cloud from their remaining physical infrastructure. FanDuel is also working alongside AWS to reduce its environmental impact and make operations more energy-efficient by using tools such as the AWS Customer Carbon Footprint Tool to benchmark its carbon footprint against sustainability goals. FanDuel continues to explore new ways to innovate with AWS, including the use of machine learning and generative artificial intelligence with Amazon Bedrock to enhance its platform.

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 102 Availability Zones within 32 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in Canada, 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 amazon.com/about and follow @AmazonNews.

About FanDuel Group

FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and leagues. The premier mobile gaming destination in the United States, FanDuel Group consists of a portfolio of leading brands across sports betting, iGaming, horse racing, advance-deposit wagering, daily fantasy sports. In addition, FanDuel Group operates FanDuelTV its broadly distributed linear cable television and leading direct-to-consumer OTT platform. FanDuel Group has a presence across all 50 states with approximately 17 million customers and 25 retail locations. The company is based in New York with offices in Los Angeles, Atlanta and Jersey City, as well as in Scotland, Ireland, Portugal, Romania and Australia. FanDuel Group is a subsidiary of Flutter Entertainment plc, (LON: FLTR) the world’s largest sports betting and gaming operator with a portfolio of globally recognized brands.

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

KEYWORDS: United States North America Washington New York

INDUSTRY KEYWORDS: Technology Electronic Games Other Sports General Sports Entertainment Mobile Entertainment Artificial Intelligence Sports Environment IOT (Internet of Things) Sustainability Software Internet Data Management

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Genius Sports Strikes Partnership with Snap to Power Immersive Snapchat Lenses on Verizon’s 5G Network with NFL Official League Data

Genius Sports Strikes Partnership with Snap to Power Immersive Snapchat Lenses on Verizon’s 5G Network with NFL Official League Data

  • New partnership provides Snapchatters with immersive experiences featuring live NFL scores and replays

  • Genius Sports is the NFL’s exclusive distributor of real-time, official play-by-play statistics, proprietary Next Gen Stats (“NGS”) data and the NFL’s official sports betting data feed to media companies and sports betting operators globally

  • First-of-its-kind Snapchat Lens is powered by Verizon’s 5G Network and is exclusive to Verizon customers

  • Snapchat has over 750 million monthly users worldwide, and more than 5 billion Snaps are created every day on average

NEW YORK & LONDON–(BUSINESS WIRE)–
Genius Sports Limited (“Genius Sports”) (NYSE:GENI) has struck a new partnership with Snap Inc. (“Snap”) to power immersive augmented reality (“AR”) fan experiences via Snapchat Lenses. Genius Sports will help to power the next wave of Snapchat Lenses through NFL Official League Data, providing millions of fans with phone-based, highly shareable content. Genius Sports is also the exclusive distributor of the NFL Official League Data and Next Gen Stats (“NGS”) feeds to global media and betting markets.

The sponsored Lens provides a powerful way for Verizon, the Official 5G Network of the NFL, to connect with fans through the power of AR. Verizon will be the first sponsor to run a Lens that incorporates Genius Sports technology. As part of this partnership, Genius Sports and Verizon’s 5G network will help to power Verizon’s NFL Lens, including live data visualizations and an AR commerce platform. The Lens will debut at SoFi Stadium on September 17th when the LA Rams host the San Francisco 49ers and will include real-time game stats, merch try-on, and a 3D interactive map of the stadium, exclusively for Verizon 5G customers.

In addition to exclusive access to the Lens, Verizon and the NFL are also offering Verizon customers 40% off an annual subscription of NFL+ Premium. NFL+ Premium includes access to live local and primetime games on mobile, NFL RedZone, NFL Network, game replays and more. For a limited time and with Verizon, it’s just $59.99 – only through Verizon’s +play.

This immersive sports hub is the latest activation from Snap and Verizon’s 5G innovation partnership, which brings exclusive first-of-its-kind experiences to Snapchatters via Verizon’s 5G Ultra Wideband network.

“The new Snapchat Lens at SoFi is yet another illustration of the amazing experiences offered by the combination of augmented reality and 5G,” said Kris Soumas, Director of Platforms and Partnerships for Verizon Consumer Group. “With this cutting-edge technology, we’re able to offer fans experiences they’ve never had before, and we’re grateful for the partnerships that helped bring it all to life.”

“Snapchat is the best place to showcase your fandom and keep up with all the action on game day,” said Anmol Malhotra, Snap’s Head of Sports Partnerships. “With over 250 million Snapchatters engaging with AR on our platform every day, we’re thrilled for Genius Sports to bring real-time data to our Lenses to make them even more immersive.”

“Snapchat’s Lens technology is leading the AR revolution across US sports, giving fans new and exciting platforms to put themselves at the center of the live experience,” said Matt Ryter, Vice President of Sales, Media & Fan Engagement at Genius Sports. “We’re delighted to partner with Snap, helping to enhance Lenses with NFL Official League Data.”

About Genius Sports

Genius Sports is the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media. Our technology is used in over 150 countries worldwide, creating highly immersive products that enrich fan experiences for the entire sports industry.

We are the trusted partner to over 400 sports organizations, including many of the world’s largest leagues and federations such as the NFL, EPL, FIBA, NCAA, NASCAR, AFA and Liga MX.

Genius Sports is uniquely positioned through cutting-edge technology, scale and global reach to support our partners. Our innovative use of big data, computer vision, machine learning, and augmented reality, connects the entire sports ecosystem from the rights holder all the way through to the fan.

Press:

Chris Dougan, Chief Communications Officer

Genius Sports

+1 (202) 766-4430

[email protected]

Zachary Salk, Corporate Communications Manager

Snap

[email protected]

Elizabeth Angley, Manager, Communications

Verizon

[email protected]

Investors:

Brandon Bukstel, Investor Relations Manager

+1 (954) 554-7932

[email protected]

KEYWORDS: Europe United States United Kingdom North America California New York

INDUSTRY KEYWORDS: Women Technology Sports Men Online Digital Marketing Events/Concerts Mobile/Wireless Consumer Content Marketing Casino/Gaming Entertainment Marketing Communications Football Audio/Video Social Media Influencer Software Other Consumer

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Verint Open CCaaS Platform Recognized for Innovation in the 2023 CRM Industry Leader Awards

Verint Open CCaaS Platform Recognized for Innovation in the 2023 CRM Industry Leader Awards

Verint Honored as a Leader in Contact Center Infrastructure, Contact Center Interaction Analytics, and Workforce Engagement Management

MELVILLE, N.Y.–(BUSINESS WIRE)–Verint® (NASDAQ: VRNT), The Customer Engagement Company®, today announced it has been recognized in the 2023 CRM Industry Leader Awards as a leading provider in three categories: Best Contact Center Infrastructure, Best Contact Center Interaction Analytics, and Best Workforce Engagement Management.

These awards recognize the leading vendors who point the way forward and drive innovation with the best products and capabilities in customer service, marketing, and sales. The CRM Industry Leader Award winners are determined by an expert panel made up of fifteen industry analysts and consultants.

The winners were announced by industry analysts Paul Greenberg and Brent Leary on the CRM Playaz livestream with CRM magazine Publisher, Bob Fernekees, and Editor, Leonard Klie. The magazine’s September 2023 issue provides an overview of the top five solution winners in each category.

In regards to Verint’s recognition in the Contact Center Infrastructure category, CRM notes that Verint’s digital, open contact center-as-a-service (CCaaS) strategy has caught the attention of analysts and consultants alike. Rebecca Wettemann, CEO and principal analyst of Valoir, notes, “Verint’s open CCaaS is focused on helping customers optimize their contact centers, taking a digital-first, not telephony-first, approach. The company is continuing to invest in platform capabilities, such as AI, that can be reused across multiple channels and an open architecture that helps customers to evolve and optimize channels at their own pace.”

In the summary of Industry Leaders in the Contact Center Interaction Analytics category, CRM notes that Verint has long been an analytics powerhouse, and its portfolio only grows stronger as it keeps adding new technologies and data sources. Wettemann says, “Verint’s ability to analyze all engagement data (omnichannel interactions, survey data, and workforce performance data) with the appropriate analytical tools, including its Da Vinci AI, as well as its open data hub that enables customers to rapidly import and export data for analysis, means it can help customers understand and maximize the opportunities to automate interactions and improve outcomes.”

Regarding Verint being named an Industry Leader in the Workforce Engagement Management (WEM) category, Wettemann notes, “Verint continues to have one of the most robust sets of WEM capabilities and is focused on extending them beyond the agent to the back office, branch office, and other employees.”

“CRM magazine recognizes the most innovative vendors in the customer engagement space for the past 22 years. It is gratifying to be honored as an industry leader in three categories this year, due in part to our open CCaaS platform and strategy, which we introduced in June,” says Verint’s Celia Fleischaker, chief marketing officer. “This new open approach to the traditional contact center environment is giving brands the flexibility to innovate and grow at their own pace and ultimately elevate customer experience.”

Visit Verint Open CCaaS™ Platform to learn more.

About Verint

Verint® (NASDAQ: VRNT) helps the world’s most iconic brands continuously elevate the customer experience (CX) and reduce operating costs. More than 10,000 organizations in 175 countries – including over 85 of the Fortune 100 companies – rely on Verint’s open customer engagement platform to harness the power of data and AI to maximize CX automation.

Verint. The Customer Engagement Company®. Learn more at Verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management’s expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2023, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, VERINT DA VINCI, VERINT OPEN CCAAS, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, AND THE ENGAGEMENT CAPACITY GAP are trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.

Media Relations

Sue Huss

[email protected]

Investor Relations

Matthew Frankel

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Data Management Technology Professional Services Other Communications Marketing Communications Data Analytics Software Artificial Intelligence Other Professional Services VoIP

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Accenture Federal Services Wins $25 Million Award to Help the U.S. Air Force Build a First-of-its-Kind “Digital Depot”

Accenture Federal Services Wins $25 Million Award to Help the U.S. Air Force Build a First-of-its-Kind “Digital Depot”

Industrial Internet of Things (IIoT) Platform to Transform Air Force Sustainment Center Operations

ARLINGTON, Va.–(BUSINESS WIRE)–Accenture Federal Services has won a $25 million digital transformation prime contract to modernize operations for the Air Force Sustainment Center (AFSC) including each of the three Air Logistics Complexes (ALCs) at Tinker Air Force Base in Oklahoma, Robins Air Force Base in Georgia, and Hill Air Force Base in Utah.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230913807405/en/

Bill Marion, Accenture Federal Services Managing Director, Defense Portfolio, Growth & Strategy Lead (Photo: Business Wire)

Bill Marion, Accenture Federal Services Managing Director, Defense Portfolio, Growth & Strategy Lead (Photo: Business Wire)

Using an approach that includes cloud, edge computing, and the Industrial Internet of Things (IIoT), Accenture Federal Services is creating a new IIoT enterprise platform for the AFSC’s Technology Hosting Environment for NextGen Automation, a program commonly referred to as ATHENA. ATHENA is central to the Air Force’s plan to create a first-of-its-kind “digital depot”, and ultimately, modernize AFSC operations.

“With more than 25,000 pieces of equipment and 40,000 military and civilian personnel spread across the three Air Logistics Complexes, the Air Force Sustainment Center provides world class aircraft depot maintenance, supply chain management, and operations support for the warfighter,” said Bill Marion, a managing director in Accenture Federal Services and Air Force client executive. “Accenture Federal Services is thrilled to be selected to transform operations for the Center, incorporating connected devices, machine learning, and Operational Technology (OT) cyber into this complex ecosystem to deliver valuable analytics and manufacturing transformation.”

By securely collecting and transporting OT data generated from disparate sensors and devices onto the platform, IIoT data from across the entire AFSC enterprise can be integrated and transparently monitored with real-time dashboard capabilities.

“Currently, Air Force Sustainment Center monitoring and servicing in the industrial areas is performed across ten networks with a variety of processes and tools which can lead to pockets of disconnected data sources,” said Keith Runtz, a senior managing director in Accenture Federal Services and defense portfolio lead. “Accenture Federal Services looks forward to using state-of-the-art technologies to create a resilient and secure digital depot ecosystem. The platform we’re building will enable the standardization, visualization, and integration of data from numerous shop floor machines to support the future industrial area production environment, and ultimately, the success of the warfighter.”

The period of performance for the ATHENA contract is up to five years.

Accenture Federal Services is a subsidiary of Accenture (NYSE: ACN).

About Accenture Federal Services

Accenture Federal Services is a leading US federal services company and subsidiary of Accenture LLP. We empower the federal government to solve challenges, achieve greater outcomes, and build a digital core that is agile, smart, and secure. Our 13,000 people are united in a shared purpose to advance our clients’ mission-critical priorities that make the nation stronger and safer, and life better for people. We draw out the best of Accenture’s global network in nearly every industry, bringing proven commercial innovation to solutions built with advanced R&D, emerging technologies, and human-centered design at speed and scale. Together, we help clients create lasting value for their workforce, customers, and partners and make a difference for the country and our communities. See how we make change that matters at accenturefederal.com.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth, and enhance citizen services—creating tangible value at speed and scale. We are a talent and innovation led company with 732,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology with unmatched industry experience, functional expertise, and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners, and communities. Visit us at www.accenture.com.

Donna Savarese

Accenture Federal Services

+1 301 250 0660

[email protected]

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS: Data Management White House/Federal Government Public Policy/Government Technology Software Networks

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Bill Marion, Accenture Federal Services Managing Director, Defense Portfolio, Growth & Strategy Lead (Photo: Business Wire)
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Keith Runtz, Accenture Federal Services Senior Managing Director, Defense Portfolio Lead (Photo: Business Wire)
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Tekla Funds Announce Adjournment of Special Meetings and Implore Shareholders to Vote Their Shares Immediately

Tekla Funds Announce Adjournment of Special Meetings and Implore Shareholders to Vote Their Shares Immediately

BOSTON–(BUSINESS WIRE)–
Tekla Healthcare Investors (HQH), Tekla Life Sciences Investors (HQL), Tekla Healthcare Opportunities Fund (THQ) and Tekla World Healthcare Fund (THW), (the “Funds”) today announced that their joint first special meetings of shareholders (“Special Meetings”) were adjourned again until October 3, 2023 at 9:00 a.m. EDT.

Although the proposal to approve a new investment advisory agreement with abrdn Inc is being overwhelmingly supported by shareholders that have cast their vote, the government mandated quorum levels have not yet been met.

Shareholders as of the June 16, 2023 record date who have not yet voted on the Proposal are urged to do so promptly per the instructions below. Even if shareholders simply cast an abstain vote, it would be of great help in the endeavor to attain the necessary participation levels.

By voting today, shareholders can help us limit the time and attention of fund personnel we are expending during this important time to achieve the requisite quorum. More importantly, by voting today, shareholders can also help us limit the natural resources we may have to utilize in future printed communications regarding this meeting.

TO VOTE, shareholders may use the Proxy Card or email with voting link previously provided or may vote in the manner set forth in the Proxy Statement located here: www.OkapiVote.com/TeklaSpecial. Shareholders who require voting assistance should call Okapi Partners, the Funds’ proxy solicitor, toll-free at (877) 285-5990. Representatives are available Monday – Friday 9:00am to 10:00pm (EDT).

About Tekla

Tekla is an asset manager primarily focused on healthcare investing. Since its inception, Tekla has maintained a singular focus on the asset class. Its expertise comes from a diverse team of individuals, many with advanced degrees in science and business, investing experience and industry experience that help drive investment decisions. For more information, please visit www.teklacap.com.

About abrdn

abrdn is a global investment company that helps clients and customers plan, save and invest for the future. abrdn’s purpose is to enable its clients to be better investors. abrdn manages and administers £500bn of assets for clients (as at 31 December 2022). abrdn is structured around three businesses – Investments, Adviser and Personal – focused on their changing needs. The capabilities in abrdn’s Investments business are built on the strength of its insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge. abrdn’s teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs. As at 31 December 2022, abrdn’s Investments business manages £376bn on behalf of clients – including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices. For more information, please visit www.abrdn.com.

Additional Information about the Funds and the transaction

This press release is not intended to, and does not, solicit any proxy from any shareholder of the Funds. The solicitation of proxies to effect the transaction described herein is made by a definitive proxy statement.

The Funds and their trustees and officers, Tekla and its officers and employees, and other persons may be deemed to be participants in the solicitation of proxies with respect to the approval of new investment management contracts described herein. Fund shareholders may obtain more detailed information regarding the direct and indirect interests of a Fund’s trustees and officers, Tekla and its officers and employees, and other persons by reading the proxy statement relating to the transaction that has been filed with the Securities and Exchange Commission. Fund shareholders should read the proxy statement because it contains important information. The proxy statement is available for free at the Securities and Exchange Commission’s website (www.sec.gov).

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors that are, in some cases, beyond a Fund’s control and could cause actual results to differ materially from those set forth in the forward-looking statements.

© 2023 Tekla Capital Management LLC | All rights reserved | Legal Disclaimer

The material contained on this website is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her advisors.

There can be no assurance that any closed-end fund will achieve its investment objective(s). Past performance does not guarantee future results. The net asset value of any closed-end fund will fluctuate with the value of the underlying securities. Historically closed-end funds have often traded at a discount to their net asset value. The distribution rate and income amounts reflect past amounts distributed and may not be indicative of future rates or income amounts. Distribution rates and income amounts can change at any time.

Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. For more information, please contact your marketing and distribution agent, Destra Capital Advisors LLC at 877.855.3434.

NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE

Destra Capital Advisors LLC

877.855.3434

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

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ACNB Corporation Recognized as One of the Fastest Growing Companies in Central Pennsylvania

GETTYSBURG, Pa., Sept. 13, 2023 (GLOBE NEWSWIRE) — ACNB Corporation was recently recognized, with a ranking of #45, by the Central Penn Business Journal on its annual list of the Fastest Growing Companies in Central Pennsylvania for 2023. This is the sixth consecutive year ACNB Corporation has achieved this recognition.

“The 2023 Fastest Growing Companies have excelled during challenging economic times. These businesses are creative, innovative and know how to overcome hurdles,” said Suzanne Fischer-Huettner, managing director of Central Penn Business Journal/BridgeTower Media. “All of us at the Central Penn Business Journal congratulate this year’s honorees.”

James P. Helt, ACNB Corporation President & Chief Executive Officer, stated, “At ACNB Corporation, the financial holding company for ACNB Bank and ACNB Insurance Services, Inc., our fundamental focus remains to be the independent financial services provider of choice in the communities served throughout our geographic footprint in southcentral Pennsylvania and central Maryland by building relationships and finding solutions. Despite the unusual and unprecedented economic times over the past few years, our organizational longevity — that spans 166 years — is directly attributable to the generations of dedicated staff members that fulfilled, and continue to fulfill, our commitment to customers, shareholders and communities served.”

“Specific to this Fastest Growing Companies recognition is revenue growth, which is a result of ACNB Corporation’s community bank acquisitions in recent years in alignment with our plans for strategic inorganic growth in tandem with ongoing organic growth,” he added. “As for the year 2022, ACNB Corporation completed key strategic initiatives including the acquisition by the insurance subsidiary, ACNB Insurance Services, Inc., of the business and assets of Hockley & O’Donnell Insurance Agency in Gettysburg, PA, and the opening of the new Upper Adams Office in Biglerville, PA, as the banking subsidiary, ACNB Bank, continued its plans for optimization of the community banking network. As in the past five years, ACNB Corporation is truly honored to be recognized for our achievements and is poised for continued progress and growth in the years to come.”

In order to be eligible for consideration in this ranking for 2023, companies were required to show revenue of at least $500,000 in each of the fiscal years ending 2020, 2021 and 2022, as well as revenue growth in 2022, as compared to 2020. Companies headquartered in the Pennsylvania counties of Adams, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, Perry or York were eligible for nomination.

SEK CPAs & Advisors coordinated the ranking formula leading to the recognition of large and small companies according to revenue growth over the three-year period. Including both dollar and percentage revenue increases, this ranking formula resulted in the final list of 50 honorees recognized at a celebration event held at the Sheraton Harrisburg Hershey Hotel, 4650 Lindle Road, Harrisburg, PA, on Tuesday, September 12, 2023, when specific rankings were revealed.

ACNB Corporation, headquartered in Gettysburg, PA, is the independent $2.4 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and ACNB Insurance Services, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 26 community banking offices and three loan offices located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 44 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster and Jarrettsville, MD, and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit investor.acnb.com.

Fastest Growing Companies is a program of the Central Penn Business Journal and is presented by SEK CPAs & Advisors. For more information about the awards and honorees, please visit CPBJ.com/event/fastest-growing-companies.

FORWARD-LOOKING STATEMENTS – In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of Management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as national, regional and local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. Such risks, uncertainties, and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: short-term and long-term effects of inflation and rising costs on the Corporation, customers and economy; effects of governmental and fiscal policies, as well as legislative and regulatory changes; effects of new laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) and their application with which the Corporation and its subsidiaries must comply; impacts of the capital and liquidity requirements of the Basel III standards; effects of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters; ineffectiveness of the business strategy due to changes in current or future market conditions; future actions or inactions of the United States government, including the effects of short-term and long-term federal budget and tax negotiations and a failure to increase the government debt limit or a prolonged shutdown of the federal government; effects of economic conditions particularly with regard to the negative impact of any pandemic, epidemic or health-related crisis and the responses thereto on the operations of the Corporation and current customers, specifically the effect of the economy on loan customers’ ability to repay loans; effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; inflation, securities market and monetary fluctuations; risks of changes in interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities, and interest rate protection agreements, as well as interest rate risks; difficulties in acquisitions and integrating and operating acquired business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; effects of technology changes; effects of general economic conditions and more specifically in the Corporation’s market areas; failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities; acts of war or terrorism or geopolitical instability; disruption of credit and equity markets; ability to manage current levels of impaired assets; loss of certain key officers; ability to maintain the value and image of the Corporation’s brand and protect the Corporation’s intellectual property rights; continued relationships with major customers; and, potential impacts to the Corporation from continually evolving cybersecurity and other technological risks and attacks, including additional costs, reputational damage, regulatory penalties, and financial losses. We caution readers not to place undue reliance on these forward-looking statements. They only reflect Management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the SEC.

ACNB #2023-17
September 13, 2023

Contact: Kevin J. Hayes
  SVP/General Counsel, Secretary & Chief
  Governance Officer
  717.339.5161
  [email protected]



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PCTEL to Participate in Lake Street Capital Markets 7th Annual Best Ideas Growth Conference

PCTEL to Participate in Lake Street Capital Markets 7th Annual Best Ideas Growth Conference

BLOOMINGDALE, Ill.–(BUSINESS WIRE)–
PCTEL, Inc. (Nasdaq: PCTI), a leading global provider of wireless technology solutions, today announced that management will participate in Lake Street Capital Markets’ “BIG7” 7th Annual Best Ideas Growth Conference on Thursday, September 14, 2023 in New York City. David Neumann, Chief Executive Officer, and Kevin McGowan, Chief Financial Officer, are scheduled to hold one-on-one meetings with investors in attendance at the conference.

About PCTEL

PCTEL is a leading global provider of wireless technology solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products. Trusted by our customers for over 29 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow.

For more information, please visit our website at https://www.pctel.com/.

PCTEL® is a registered trademark of PCTEL, Inc. © 2023 PCTEL, Inc. All rights reserved.

PCTEL Company Contact

Investor Relations

Ashley Gruenberg or Chris Hodges

Alpha IR Group

312-445-2870

[email protected]

KEYWORDS: United States North America Illinois New York

INDUSTRY KEYWORDS: Mobile/Wireless Technology Construction & Property 5G Telecommunications Building Systems Networks Hardware IOT (Internet of Things) Other Construction & Property

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Penns Woods Bancorp, Inc. Announces “At-the-Market” Equity Offering Program

WILLIAMSPORT, Pa., Sept. 13, 2023 (GLOBE NEWSWIRE) — Penns Woods Bancorp, Inc., (NASDAQ: PWOD) (the “Company”) announced today that it has filed with the Securities and Exchange Commission (SEC) a prospectus supplement to its existing shelf registration statement on Form S-3, under which it may offer and sell shares of its common stock having an aggregate offering price of up to $20 million from time to time through an “at-the-market” (ATM) equity offering program. The timing and amount of any sales will be determined by a variety of factors considered by the Company.

The shares will be offered through D.A. Davidson & Co., as sales agent. The sales agent may sell shares by any method permitted by law deemed to be an “at-the-market offering” as defined in Rule 415(a)(4) of the Securities Act of 1933, as amended, including without limitation, sales made directly on Nasdaq, on any other existing trading market for the shares, to or through a market maker or in negotiated transactions. Sales may be made at market prices prevailing at the time of the sale, at prices related to prevailing market prices or at negotiated prices and, as a result, sales prices may vary.

The prospectus supplement filed today adds to, updates or otherwise changes information contained in the existing prospectus contained in the Company’s shelf registration statement on Form S-3, which was declared effective by the SEC on July 18, 2023 (File No. 333-273018), for the offering of the securities covered by the registration statement. Prospective investors should read the prospectus, the prospectus supplement and other documents the Company has filed or submitted with the SEC (some of which are incorporated by reference into the prospectus and prospectus supplement) for more complete information about the Company and the ATM program, including the risks associated with investing in the Company. Investors may obtain copies of the prospectus supplement and accompanying prospectus relating to the offering without charge by visiting the SEC’s website at www.sec.gov. Alternatively, potential investors may contact Brian L. Knepp, the Company’s President and Chief Financial Officer, who will arrange to provide them with these documents, by telephone at (570) 320 – 2030 or by email at [email protected].

This press release is for informational purposes only and is not an offer to sell or the solicitation of an offer to buy any shares of the Company, which is made only by means of a prospectus supplement and related prospectus. There will be no sale of shares in any jurisdiction in which the offer, solicitation of an offer to buy or sale would be unlawful.

Penns Woods Bancorp, Inc. is the parent company of Jersey Shore State Bank, which operates sixteen branch offices providing financial services in Lycoming, Clinton, Centre, Montour, Union, and Blair Counties, and Luzerne Bank, which operates eight branch offices providing financial services in Luzerne County, and United Insurance Solutions, LLC, which offers insurance products. Investment and insurance products are offered through Jersey Shore State Bank’s subsidiary, The M Group, Inc. D/B/A The Comprehensive Financial Group.

This press release may contain certain “forward-looking statements” including statements concerning plans, objectives, future events or performance and assumptions and other statements, which are statements other than statements of historical fact. The Company cautions readers that the following important factors, among others, may have affected and could in the future affect actual results and could cause actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of the Company herein: (i) the effect of changes in laws and regulations, including federal and state banking laws and regulations, and the associated costs of compliance with such laws and regulations either currently or in the future as applicable; (ii) the effect of changes in accounting policies and practices, as may be adopted by the regulatory agencies as well as by the Financial Accounting Standards Board, or of changes in the Company’s organization, compensation and benefit plans; (iii) the effect on the Company’s competitive position within its market area of the increasing consolidation within the banking and financial services industries, including the increased competition from larger regional and out-of-state banking organizations as well as non- bank providers of various financial services; (iv) the effect of changes in interest rates; (v) the effects of health emergencies, including the spread of infectious diseases or pandemics; or (vi) the effect of changes in the business cycle and downturns in the local, regional or national economies. For a list of other factors which could affect the Company’s results, see the Company’s filings with the Securities and Exchange Commission, including “Item 1A. Risk Factors,” set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022.

You should not place undue reliance on any forward-looking statements. These statements speak only as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company undertakes no obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.

Previous press releases and additional information can be obtained from the Company’s website at www.pwod.com. 

Contact: Richard A. Grafmyre, Chief Executive Officer
  110 Reynolds Street
  South Williamsport, PA 17702
  (570) 322-1111
   
  e-mail: [email protected]



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Alchip Collaborates With Arteris To Expand ASIC Design Services

FlexNoC network-on-chip IP will be used to enhance SoC designs for AI, ADAS, vision systems and consumer electronics products

CAMPBELL, Calif., Sept. 13, 2023 (GLOBE NEWSWIRE) — Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, and Alchip Technologies, Ltd., a top-tier ASIC leader, today announced a collaboration to enhance the delivery of high-performance SoCs with unmatched bandwidth and ease of physical design. This collaboration can deliver highly optimized SoCs across various market segments.

Arteris’ industry-leading interconnect IP solutions, renowned for their efficiency, scalability and configurability, seamlessly integrate with Alchip’s advanced semiconductor design and manufacturing platform. Their complementary expertise enhances ASIC capabilities to enable the integration of advanced technologies as physical design and performance become more challenging.

Alchip provides high-performance ASICs noted for their consistent first-time silicon successes.

“Working with Arteris reflects our strategy to provide our customers with a robust best-in-class IP portfolio. It strengthens our ability to deliver industry-leading SoCs,” said Johnny Shen, CEO of Alchip Technologies. “We leverage their network-on-chip interconnect expertise to enhance our silicon design and manufacturing capabilities, enabling us to address the semiconductor industry’s increasingly complex demands.”

“Arteris is pleased to collaborate with Alchip, a recognized leader in ASIC design and manufacturing,” said K. Charles Janac, president and CEO of Arteris. “Together, we can deliver highly differentiated SoC designs that leverage the full potential of our interconnect IP and SoC integration solutions. This collaboration aligns with our shared commitment to providing customers with high performance, power efficiency and better ROI so they are free to innovate.”

About Arteris

Arteris is a leading provider of system IP for the acceleration of system-on-chip (SoC) development across today’s electronic systems. Arteris network-on-chip (NoC) interconnect IP and SoC integration automation technology enable higher product performance with lower power consumption and faster time to market, delivering better SoC economics so its customers can focus on dreaming up what comes next. Learn more at arteris.com.

About Alchip

Alchip Technologies Ltd., founded in 2003 and headquartered in Taipei, Taiwan, is a leading global provider of silicon and design and production services for system companies developing complex and high-volume ASICs and SoCs. Alchip provides faster time-to-market and cost-effective solutions for SoC design at mainstream and advanced, including 7nm, 6nm, 5nm and 4nm processes. Alchip has built its reputation as a high-performance ASIC leader through its advanced 2.5D/3D package services, CoWoS/chiplet design and manufacturing experience. Customers include global leaders in AI, HPC/supercomputer, mobile phones, entertainment devices, networking equipment and other electronic product categories. Alchip is listed on the Taiwan Stock Exchange (TWSE: 3661), is a TSMC certified member of Value Chain Alliance and 3DFabric™ Alliance. For more information, visit www.alchip.com.

© 2004-2023 Arteris, Inc. All rights reserved worldwide. Arteris, Arteris IP, the Arteris IP logo, and the other Arteris marks found at

https://www.arteris.com/trademarks

are trademarks or registered trademarks of Arteris, Inc. or its subsidiaries. All other trademarks are the property of their respective owners. 



Arteris Media Contact:
Gina Jacobs
+1 408 560 3044
[email protected]

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HOOKIPA Announces Executive Leadership Change

NEW YORK and VIENNA, Sept. 13, 2023 (GLOBE NEWSWIRE) — HOOKIPA Pharma Inc. (NASDAQ: HOOK, ‘HOOKIPA’), a company developing a new class of immunotherapeutics based on its proprietary arenavirus platform, today announced that Katia Schlienger, M.D., Ph.D., is stepping down from her position as Chief Medical Officer (CMO) to pursue new opportunities, effective September 30. Malte Peters, M.D., a current member of the Board of Directors of HOOKIPA, will lead HOOKIPA’s clinical activities ad interim as Senior Clinical Advisor until a CMO search is complete. During this time, Dr. Peters will remain a member of the HOOKIPA Board of Directors.

Dr. Peters is a seasoned executive with deep experience in bringing new therapies to patients. He retired from his role as Chief Research and Development Officer at MorphoSys in 2022. Prior, Dr. Peters was Global Head of Clinical Development of the biopharmaceuticals business unit of Sandoz in Germany and spent 12 years in leadership positions at Novartis Oncology. He was responsible for multiple development programs and clinical trials at Novartis, contributing to the approval of 28 cancer therapies. He is board certified in internal medicine and earned his medical degree from Freie Universität in Berlin, with a postdoctoral fellowship in Toronto. 

“We welcome Malte to HOOKIPA as we remain laser focused on executing against our clinical priorities: to prepare for the randomized trial of HB-200 in combination with pembrolizumab, to progress our HB-300 prostate cancer program, and to advance our partnered programs in our collaborations with Roche and Gilead,” said Joern Aldag, Chief Executive Officer. “I would like to thank Katia for her many contributions to HOOKIPA, especially guiding our clinical programs and bringing our lead HB-200 program to a successful proof-of concept in Phase 2. We wish her the very best in her future endeavors.”

About HOOKIPA

HOOKIPA Pharma Inc. (NASDAQ: HOOK) is a clinical-stage biopharmaceutical company focused on developing novel immunotherapies, based on its proprietary arenavirus platform, which are designed to mobilize and amplify targeted T cells and thereby fight or prevent serious disease. HOOKIPA’s replicating and non-replicating technologies are engineered to induce robust and durable antigen-specific CD8+ T cell responses and pathogen-neutralizing antibodies. HOOKIPA’s pipeline includes its wholly owned investigational arenaviral immunotherapies targeting Human Papillomavirus 16-positive cancers, prostate cancers, and other undisclosed programs. HOOKIPA is collaborating with Roche on an arenaviral immunotherapeutic for KRAS-mutated cancers. In addition, HOOKIPA aims to develop functional cures of HBV and HIV in collaboration with Gilead.

Find out more about HOOKIPA online at www.hookipapharma.com.

Forward Looking Statements

Certain statements set forth in this press release constitute “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements can be identified by terms such as “believes,” “expects,” “plans,” “potential,” “would” or similar expressions and the negative of those terms. Such forward-looking statements involve substantial risks and uncertainties that could cause HOOKIPA’s research and clinical development programs, future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the uncertainties inherent in the drug development process, including HOOKIPA’s programs’ early stage of development, the process of designing and conducting preclinical and clinical trials, the regulatory approval processes, the timing of regulatory filings, the challenges associated with manufacturing drug products, HOOKIPA’s ability to successfully establish, protect and defend its intellectual property, risks relating to business interruptions resulting from public health crises, the impact of public health crises on the enrollment of patients and timing of clinical results, and other matters that could affect the sufficiency of existing cash to fund operations. HOOKIPA undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of the company in general, see HOOKIPA’s quarterly report on Form 10-Q for the quarter ended June 30, 2023, which is available on the SEC’s website at www.sec.gov and HOOKIPA’s website at www.hookipapharma.com.

Investors and others should note that we announce material financial information to our investors using our investor relations website (https://ir.hookipapharma.com/), SEC filings, press releases, public conference calls and webcasts. We use these channels, as well as social media, to communicate with our members and the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage investors, the media, and others interested in our company to review the information we post on the U.S. social media channels listed on our investor relations website.

For further information, please contact:

Media Investors
Instinctif Partners Reinhard Kandera, Chief Financial Officer
[email protected]
 [email protected]
+44 (0) 7457 2020