LPL Financial Welcomes Wealth Management and Legacy Planning Group

CHARLOTTE, N.C., Sept. 25, 2023 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Angelo Burns, Larisa Holiday, Eli Montoya and Manny Pedroza have joined LPL Financial’s broker-dealer, RIA and custodial platforms. The team reported having served approximately $260 million in advisory, brokerage and retirement plan assets*, and joins LPL from Corebridge Financial, formerly Valic, part of AIG.

With headquarters in Albuquerque, NM, the diverse practice is led by Senior Advisor Angelo Burns, who joined the industry in 2007. He grew the firm over time, understanding that clients could be better served by a team approach, with each advisor bringing different strengths to the group. The four advisors are joined by Client Services Associate Melinda Martinez.

“We specialize in financial education and breaking down complex financial situations to a place where clients can better understand and be more comfortable with their decisions,” Burns said.

For the past few years, the team has primarily operated in the 403(b) retirement space, working closely with hospitals, universities, schools and other non-profit groups. Looking to expand their services, the team rebranded to Wealth Management and Legacy Planning Group with their move to LPL.

“We’ve met so many wonderful clients through the retirement space, but as those client relationships expanded so have their needs,” Burns said. “This is a service industry and our vision is to be able to go deeper with our client relationships and expand our reach. With this move to LPL, we have access to a large suite of investment products and open architecture platforms that provide choice and flexibility, which allows us to serve clients in a greater capacity.”

Burns also noted that the move to independence allows the team to follow a fiduciary standard, without corporate influence or proprietary investment products.

Scott Posner, LPL Executive Vice President, Business Development, stated, “We welcome Angelo, Larisa, Eli, Manny and Melinda to LPL and applaud their mission to enhance the client experience and offer more services. We are committed to delivering robust resources, business solutions and innovative capabilities that can help our advisors differentiate their practice and succeed at every stage of their business’ lifecycle. We look forward to a long-lasting relationship with the entire team at Wealth Management and Legacy Planning Group.”


Related

Advisors, find an LPL business development representative near you.


About LPL Financial


LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that LPL should work for advisors and enterprises, and not the other way around. Today, LPL is a leader in the markets we serve, serving nearly 22,000 financial advisors, including advisors at approximately 1,100 enterprises and at approximately 550 registered investment advisor (“RIA”) firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional. At LPL, independence means that advisors and enterprise leaders have the freedom they deserve to choose the business model, services and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and enterprises, so they can take care of their clients.

Securities and Advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. Wealth Management and Legacy Planning Group and LPL Financial are separate entities.

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

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

*Value approximated based on asset and holding details provided to LPL from year-end 2022.

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Tracking #480673



Cloudflare Helps Companies Reduce Their IT Infrastructure’s Carbon Footprint By Up To 96% by Moving To The Cloud

Cloudflare Helps Companies Reduce Their IT Infrastructure’s Carbon Footprint By Up To 96% by Moving To The Cloud

New report finds that switching enterprise network services from on premises devices to Cloudflare services can cut related carbon emissions up to 96%

SAN FRANCISCO–(BUSINESS WIRE)–Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today shared a new independent report published by Analysys Mason that shows switching enterprise network services from on premises devices to Cloudflare’s cloud-based services can cut related carbon emissions up to 78% for very large businesses to up to 96% for small businesses. The report is one of the first of its kind to calculate potential emissions savings achieved by replacing enterprise network and security hardware boxes with more efficient cloud services.

Global Internet usage accounts for 3.7% of global CO2 emissions, about equal to the CO2 emissions of all air traffic around the world. The Internet needs to reduce its overall energy consumption, especially as regulators continue to implement the Paris Climate Accord, including plans to transition to a zero emissions economy. The European Climate Law requires that Europe’s economy and society become climate-neutral by 2050, with a target of reducing net GHG emissions by at least 55% by 2030, compared to 1990 levels. Regulators in the United States and the European Union, among others, have also announced plans to require companies to disclose climate-related information including carbon emissions resulting from their operations and supply chains, as well as climate related risks and opportunities. Finally, among the Fortune Global 500, 63% of companies now set 2050 targets for emissions reductions. Companies large and small will increasingly be looking to reduce carbon throughout their supply chains, particularly their IT infrastructure.

“The best way to reduce your IT infrastructure’s carbon footprint is easy: move to the cloud,” said Matthew Prince, CEO and co-founder, Cloudflare. “At Cloudflare, we’ve built one of the world’s most efficient networks, getting the most out of every watt of energy and every one of our servers. That’s why, with Cloudflare, companies can help hit their sustainability goals without sacrificing security, speed, performance, or innovation.”

The Analysys Mason study found that switching enterprise network services from on premises devices to Cloudflare services can cut related carbon emissions up to 96%, depending on the current network footprint. The greatest reduction comes from consolidating services, which improves carbon efficiency by increasing the utilization of servers that are providing multiple network functions. On premises devices are designed to host multiple workloads and consume power constantly, but are only used for part of the day and part of the week. Cloud infrastructure is shared by millions of customers, often all over the world. As a result, cloud providers are able to achieve economies of scale that result in less downtime, less waste, and lower emissions. Furthermore, the Analysys Mason study found that there are additional gains due to the high Power Usage Effectiveness of cloud data centres, and differences in the carbon intensity of generation in the local electricity grid.

​“Happy Cog is a full-service digital agency that designs, builds, and markets experiences that engage our clients and their audiences. We’ve relied on Cloudflare for many of those websites and apps because it’s secure, reliable, fast, and affordable – but also aligns with many of our clients’ sustainability roadmaps and goals,” said Matt Weinberg, Co-Founder and President of Technology at Happy Cog. “Switching our clients from their previous on premises or other constant-usage infrastructure to Cloudflare’s network and services has let them be greener, more efficient, and more cost effective. It’s ideal when you can offer your clients a solution that covers all their needs and provides a delightful experience now, without having to compromise on their longer term priorities.”

Report Methodology

Analysys Mason compared a typical hardware stack deployed in an enterprise data center or IT closet, and its associated energy consumption, to the energy consumption of comparable functions delivered by Cloudflare’s global network. Traffic requirements were translated to energy requirements for both on-premise and cloud-based alternatives. The analysis includes assumptions for the power usage effectiveness (PUE) of cloud data centers vs. on-premises data centers or data rooms, and the carbon from electricity, based on the mix of fossil fuel versus renewable energy sources in the local grid.

To learn more, please check out the resources below:

About Cloudflare

Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Cloudflare’s suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was awarded by Reuters Events for Global Responsible Business in 2020, named to Fast Company’s Most Innovative Companies in 2021, and ranked among Newsweek’s Top 100 Most Loved Workplaces in 2022.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding Cloudflare’s plans and objectives for its global network and other products and technology, the benefits to customers from using Cloudflare’s global network and other products and technology, the expected functionality and performance of Cloudflare’s global networkand other products and technology, the impact of switching enterprise network services to the cloud, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s CEO and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including Cloudflare’s Quarterly Report on Form 10-Q filed on August 3, 2023, as well as other filings that Cloudflare may make from time to time with the SEC.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare’s forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.

© 2023 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.

Cloudflare, Inc.

Daniella Vallurupalli

Vice President, Head of Global Communications

[email protected]

KEYWORDS: California United States Singapore United Kingdom North America Asia Pacific Europe Germany

INDUSTRY KEYWORDS: Environment Technology Climate Change Security Environmental Health Software Green Technology Networks Internet Data Management

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Fortune Media and Great Place To Work Name Helios Technologies’ Operating Company, Enovation Controls, to 2023 Best Workplaces in Manufacturing & Production List

Fortune Media and Great Place To Work Name Helios Technologies’ Operating Company, Enovation Controls, to 2023 Best Workplaces in Manufacturing & Production List

SARASOTA, Fla.–(BUSINESS WIRE)–Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology announced its operating company Enovation Controls ranked eleventh on the 2023 list of Best Workplaces in Manufacturing & Production. The Best Workplaces in Manufacturing & Production award is based on analysis of survey responses from over 74,000 employees from Great Place To Work Certified™ companies in the manufacturing and production industry. This marks Enovation Controls’ fourth year in a row ranking in the top quartile of the annual list.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230925129190/en/

“We are proud Enovation Controls earned this ranking for four consecutive years,” said Josef Matosevic, President and Chief Executive Officer of Helios. “Developing our talent from within has been, and will remain, top priority across our family of businesses, in addition to creating environments where learning and new ideas are encouraged.”

The Best Workplaces in Manufacturing & Production list is highly competitive. Great Place To Work, the global authority on workplace culture, determines its lists using its proprietary For All™ Methodology to evaluate and certify thousands of organizations in America’s largest ongoing annual workforce study, based on over 1.3 million survey responses and data from companies representing more than 7.5 million employees this year alone.

Survey responses reflect a comprehensive picture of the workplace experience. Honorees were selected based on their ability to offer positive outcomes for employees regardless of job role, race, gender, sexual orientation, work status, or other demographic identifier.

“Congratulations to the Best Workplaces in Manufacturing & Production,” saysMichael C. Bush, CEO of Great Place To Work. “These companies know that it isn’t the industry — but the company — that determines the employee experience. By putting people first, they are reaping the rewards: higher levels of performance, innovation, and customer experience.”

About the Fortune Best Workplaces in Manufacturing & Production List

Great Place To Work selected the 2023 Fortune Best Workplaces in Manufacturing & Production by gathering and analyzing confidential survey responses from more than 74,000 employees at Great Place To Work Certified organizations in the manufacturing and production industry. Company rankings are derived from 60 employee experience questions within the Great Place To Work Trust Index™ Survey. Great Place To Work determines its lists using its proprietary For All™ Methodology to evaluate and certify thousands of organizations in America’s largest ongoing annual workforce study. In the last year, 1.3 million survey responses were received, representing the work experiences of 7.5 million employees. Read the full methodology.

About Enovation Controls

Enovation Controls is an innovative manufacturer of electronic controls and displays for diverse markets. We are an international leader in fully tailored solutions for engines, engine-driven equipment, and specialty vehicles with a broad range of displays, controls, and instrumentation products. With an internationally diverse team of over 300 employees, we serve customers around the world with global sales, manufacturing, and engineering operations. Enovation Controls also partners directly with OEMs and supports a worldwide network of authorized distributors and system integrators. Visit us at www.enovationcontrols.com and follow us on LinkedIn.

About Helios Technologies

Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine and health and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisition. The Company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997. For more information please visit: www.heliostechnologies.com and follow us on LinkedIn.

Investor and Media:

Tania Almond

Vice President, Investor Relations and Corporate Communication

(941) 362-1333

[email protected]

Deborah Pawlowski

Kei Advisors LLC

(716) 843-3908

[email protected]

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Other Manufacturing Electronic Design Automation Automotive Engineering Technology Automotive Manufacturing General Automotive Manufacturing

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Bunker Labs and JPMorgan Chase Commercial Banking Welcome New Cohort of Veteran and Military-Spouse Business Owners to CEOcircle Program

Bunker Labs and JPMorgan Chase Commercial Banking Welcome New Cohort of Veteran and Military-Spouse Business Owners to CEOcircle Program

82 entrepreneurs will gain access to resources and networking to accelerate business growth

NEW YORK–(BUSINESS WIRE)–
Today, Bunker Labs and JPMorgan Chase Commercial Banking announced the new cohort of 82 business leaders selected for CEOcircle, a thirteen-month peer accountability training program tailored to help mid-size veteran and military spouse executives scale their businesses.

Since launching their joint-effort to support veteran and military spouse founders in 2021, Bunker Labs and JPMorgan Chase Commercial Banking have guided 112 business owners through CEOcircle, helping them gain access to growth opportunities and a robust network of peers and experts to help them navigate their business journeys.

“It’s clear that our CEOcircle founders are applying coveted military service skills, such as leadership, detail orientation and work ethic, to advance their businesses every day,” said Alex McKindra, Co-Head of Veteran Initiatives, JPMorgan Chase Commercial Banking. “We’re proud of our longstanding relationship with Bunker Labs to further their mission of uplifting and supporting veteran entrepreneurs, and look forward to jumping in with the newest cohort, providing access to essential resources and helping them reach new heights.”

CEOcircle participants are selected following a rigorous evaluation process, which includes factors such as historical and projected growth, business strategy and openness to mentorship.

The third CEOcircle cohort includes 14 military spouses, six of whom are also veterans. Among incoming cohort members, 52% self-identified as women or racially diverse and 62% self-identified as having a service-related disability. The companies span industries including technology, healthcare, agriculture and manufacturing, among others.

“CEOcircle is making a tangible difference in the lives of veteran and military spouse executives, and we’re excited to see all that this new cohort will achieve over the next thirteen months,” said Blake Hogan, CEO of Bunker Labs. “As our 2022 cohort wraps up their program this November, our team is energized and excited to help the next generation of great entrepreneurs.”

The full list of companies selected to participate in the 2023 CEOcircle cohort is available at: https://bunkerlabs.org/welcome-2024-ceocircle-cohort/

Companies interested in participating in the next CEOcircle can learn more at: bunkerlabs.org/ceo-circle

Lear more about how JPMorgan Chase is supporting military members, veterans and their families for long-term personal and financial success at:jpmorganchase.com/veterans

About Bunker Labs

Bunker Labs is a 501(c)(3) nonprofit and a national network of veteran and military spouse entrepreneurs dedicated to helping members start their own businesses. Bunker Labs is committed to seeing veterans and military spouses have the network, tools, and resources they need to launch and grow their own business.

About JPMorgan Chase Commercial Banking:

JPMorgan Chase Commercial Banking is a business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $3.9 trillion and operations worldwide. Through its Middle Market Banking & Specialized Industries, Corporate Client Banking & Specialized Industries and Commercial Real Estate businesses, Commercial Banking serves emerging startups to midsize businesses and large corporations as well as government entities, not-for-profit organizations, and commercial real estate investors, developers and owners. Clients are supported through every stage of growth with specialized industry expertise and tailored financial solutions including credit and financing, treasury and payment services, international banking and more. Information about JPMorgan Chase Commercial Banking is available at www.jpmorganchase.com/commercial.

Media Contacts

JPMorgan Chase

Elizabeth Connerat

[email protected]

Bunker Labs

Elizabeth Marion

[email protected]

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Regions Financial to Announce Third Quarter 2023 Financial Results on Oct. 20, 2023

Regions Financial to Announce Third Quarter 2023 Financial Results on Oct. 20, 2023

Results to be issued pre-market open; executives to review results via webcast at 10 a.m. ET

BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Financial Corp. (NYSE:RF) is scheduled to release its third quarter 2023 financial results on Friday, Oct. 20, 2023.

Information will be accessible in the following formats:

  • A news release and additional materials will be made available on Regions’ Investor Relations website at ir.regions.com prior to market open on Oct. 20.

  • Also on Oct. 20, Regions executives will discuss the results via a live audio webcast beginning at 10 a.m. ET.

  • The webcast will be accessible through ir.regions.com and will include an associated slide presentation to be reviewed by company executives.

  • An archived recording of the webcast will be made available within ir.regions.com following the live event.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $156 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

Media Contact:

Jeremy D. King

205-264-4551

Regions News Online: regions.doingmoretoday.com

Regions News on Twitter: @RegionsNews

Investor Relations Contact:

Dana Nolan

205-264-7040

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INDUSTRY KEYWORDS: Personal Finance Finance Business Professional Services Other Professional Services

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NIO Inc. Responds to Market Speculations

SHANGHAI, China, Sept. 25, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”) is a pioneer and a leading company in the premium smart electric vehicle market. The Company has been made aware of certain media speculations claiming that the Company is considering raising certain capital from investors, which have been widely circulated today. In light of the unusual market activity in the Company’s American depositary shares today, the Company would like to clarify that the Company currently has no reportable capital raising activity, other than the recent convertible notes offering that was completed on September 25, 2023.

The Company is committed to maintaining transparent and timely communication with the public market, and will promptly announce any material information in accordance with applicable laws, listing rules, and best corporate practices.

About NIO Inc.

NIO Inc. is a pioneer and a leading company in the premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. NIO aims to build a community starting with smart electric vehicles to share joy and grow together with users. NIO designs, develops, jointly manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains and batteries. NIO differentiates itself through its continuous technological breakthroughs and innovations, such as its industry-leading battery swapping technologies, Battery as a Service, or BaaS, as well as its proprietary autonomous driving technologies and Autonomous Driving as a Service, or ADaaS. NIO’s product portfolio consists of the ES8, a six-seater smart electric flagship SUV, the ES7 (or the EL7), a mid-large five-seater smart electric SUV, the ES6, a five-seater all-round smart electric SUV, the EC7, a five-seater smart electric flagship coupe SUV, the EC6, a five-seater smart electric coupe SUV, the ET7, a smart electric flagship sedan, the ET5, a mid-size smart electric sedan, and the ET5T, a smart electric tourer.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO’s strategies; NIO’s future business development, financial condition and results of operations; NIO’s ability to develop and manufacture a car of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the newly introduced BaaS and ADaaS; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO’s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build the NIO brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please visit: http://ir.nio.com

Investor Relations

[email protected]

Media Relations

[email protected]



Getty Images Launches Commercially Safe Generative AI Offering

Trained on Getty Images’ world-class creative content, Generative AI by Getty Images allows customers to explore the power of generative AI with full protection and usage rights

GenAI Launch

NEW YORK, Sept. 25, 2023 (GLOBE NEWSWIRE) — Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, today announced the launch of Generative AI by Getty Images, a new tool that pairs the company’s best-in-class creative content with the latest AI technology for a commercially safe generative AI tool.

Generative AI
by Getty Images is trained on the state-of-the-art Edify model architecture, which is part of NVIDIA Picasso, a foundry for generative AI models for visual design. The tool is trained solely from Getty Images’ vast creative library, including exclusive premium content, with full indemnification for commercial use. Sitting alongside the company’s broader, industry-leading services, Generative AI by Getty Images works seamlessly with the company’s expansive library of authentic and compelling visuals and Custom Content solutions, allowing customers to elevate their entire end-to-end creative process to find the right visual content for any need.

“We’re excited to launch a tool that harnesses the power of generative AI to address our customers’ commercial needs while respecting the intellectual property of creators,” said Craig Peters, CEO at Getty Images. “We’ve worked hard to develop a responsible tool that gives customers confidence in visuals produced by generative AI for commercial purposes.”

Customers creating and downloading visuals through the tool will receive Getty Images’ standard royalty-free license, which includes representations and warranties, uncapped indemnification, and the right to perpetual, worldwide, nonexclusive use in all media. Content generated through the tool will not be added into existing Getty Images and iStock content libraries for others to license. Further, contributors will be compensated for any inclusion of their content in the training set.

“We’ve listened to customers about the swift growth of generative AI – and have heard both excitement and hesitation – and tried to be intentional around how we developed our own tool,” said Grant Farhall, Chief Product Officer at Getty Images. “We’ve created a service that allows brands and marketers to safely embrace AI and stretch their creative possibilities, while compensating creators for inclusion of their visuals in the underlying training sets.”

Generative AI by Getty Images can now be enabled on GettyImages.com. Customers can also choose to integrate the service into their existing workflows and applications through an available API.

Customers will soon be able to customize Generative AI by Getty Images with proprietary data to produce images with their unique brand style and language. This and other service advancements will be added later this year. Learn more about Generative AI by Getty Images, how to get access, and Getty Images’ stance on responsible AI practices: https://www.gettyimages.com/ai/generation/about

Media contact:

Alex Lazarou
[email protected]



RLI Implements Guidewire ClaimCenter on Guidewire Cloud to Enhance Claim Operations

RLI Implements Guidewire ClaimCenter on Guidewire Cloud to Enhance Claim Operations

Specialty P&C insurer leveraging Guidewire Cloud to enhance the claim experience for agents and policyholders

PEORIA, Ill. & SAN MATEO, Calif.–(BUSINESS WIRE)–Guidewire (NYSE: GWRE) announced that RLI, a U.S.-based specialty property and casualty (P&C) insurer, implemented Guidewire ClaimCenter on Guidewire Cloud to power its claim operations and enhance the claim experience for agents and policyholders. The company implemented ClaimCenter onto Guidewire Cloud simultaneously for all lines of business. A Guidewire customer since 2011, RLI originally implemented ClaimCenter in a self-managed, on-premises mode.

“We aim to deliver the best claim experience and service possible to our customers,” said RLI Vice President of Claim Matt Campen. “Moving to Guidewire Cloud has helped us expand our claim service and support capabilities, simplify the claim management process, and reduce ongoing platform maintenance work.”

Guidewire Chief Customer Officer Christina Colby commented, “We are proud to partner with RLI as they leverage ClaimCenter on Guidewire Cloud to support their products and grow the business into the future.”

About RLI

RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI’s products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI’s subsidiaries are rated A+ “Superior” by AM Best Company. To learn more about RLI, visit www.rlicorp.com.

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. ​We combine digital, core, analytics, and machine learning to deliver our platform as a cloud service. More than 540 insurers in 40 countries, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with more than 1,600 successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

For more information, please visit http://www.guidewire.com/ and follow us on X (formerly known as Twitter) and LinkedIn.

NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.

Diana Stott

Director, Communications

Guidewire Software, Inc.

+1.650.781.9955

[email protected]

Lisa Gates

Vice President, Marketing & Communications

RLI Corp.

309-692-1000 x5438

[email protected]

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INDUSTRY KEYWORDS: Data Management Professional Services Technology Insurance Software

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First Internet Bank Introduces Cash Flow Analysis to Do More Business™ Checking

First Internet Bank Introduces Cash Flow Analysis to Do More Business™ Checking

FISHERS, Ind.–(BUSINESS WIRE)–
First Internet Bank’s Do More Business™ Checking enables entrepreneurs to accomplish more in less time. Today, Cash Flow Analysis was added to the account’s broad range of financial tools. This new benefit delivers automated cash flow forecasting, digital insights for improved performance, competitive benchmarking and more.

“In an increasingly competitive landscape, business owners must not only navigate today’s obstacles but plan for tomorrow’s opportunities,” said Kevin Quinn, Senior Vice President, Consumer and Business Banking. “Cash Flow Analysis easily integrates with the business’s existing accounting software, allowing owners to better manage and forecast their finances while accessing an enhanced banking experience at their fingertips.”

Introduced in August 2022, Do More Business Checking enables business owners to earn interest, make unlimited transactions and gain access to a dedicated customer success team. Additionally, customers can link different accounts – even those at other financial institutions – for a comprehensive overview of their finances. Do More Business Checking provides greater day-to-day monetary control, including insight into spending trends by category, simplified budgeting, and seamless funds transfer between accounts.

For more information about First Internet Bank’s Do More Business Checking with Cash Flow Analysis, please visit firstib.com.

About First Internet Bank

First Internet Bank opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. With assets of $4.9 billion as of June 30, 2023, the Bank provides consumer and small business deposits, consumer loans and specialty finance services nationally. The Bank also offers commercial real estate loans, commercial and industrial loans, SBA financing and treasury management services. Additional information about the Bank, including its products and services, is available at firstib.com. The Bank is a wholly-owned subsidiary of First Internet Bancorp (Nasdaq: INBK). First Internet Bank is a Member FDIC.

Investor Relations:

Paula Deemer

Director of Corporate Administration

(317) 428-4628

[email protected]

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Takeda Announces Approval of CUVITRU™ Subcutaneous Immunoglobulin in Japan for Patients with Agammaglobulinemia or Hypogammaglobulinemia

Takeda Announces Approval of CUVITRU™ Subcutaneous Immunoglobulin in Japan for Patients with Agammaglobulinemia or Hypogammaglobulinemia

  • Approval is Based on Clinical Studies Conducted in Japan, Europe and North America Confirming the Efficacy and Safety of CUVITRU [Immune Globulin Subcutaneous (Human), 20% Solution]
  • CUVITRU is Takeda’s First Subcutaneous Immunoglobulin Plasma Therapy in Japan, Delivering on the Company’s Commitment to Reach Patients with High Unmet Needs

OSAKA, Japan & CAMBRIDGE, Mass.–(BUSINESS WIRE)–
Takeda(TSE:4502/NYSE:TAK) today announced that the Japanese Ministry of Health, Labour and Welfare has approved the use of CUVITRU™ [Immune Globulin Subcutaneous (Human), 20% Solution] in patients aged 2 years and older with agammaglobulinemia or hypogammaglobulinemia1, disorders characterized by very low or absent levels of antibodies and an increased risk of serious recurring infection caused by primary immunodeficiency (PID) or secondary immunodeficiency (SID)2. The approval marks Takeda’s first subcutaneous immunoglobulin (SCIG) therapy for patients in Japan.

The approval is based on results from a Phase 3 clinical trial that evaluated the efficacy, safety, tolerability and pharmacokinetics of CUVITRU [Immune Globulin Subcutaneous (Human), 20% Solution]in Japanese patients with PID (NCT04346108), as well as two Phase 2/3 clinical trials conducted in patients with PID in North America (NCT01218438) and Europe (NCT01412385). Results from the clinical trial in 17 patients in Japan confirmed its efficacy and safety profile1. No serious or severe adverse events were reported, and CUVITRU was well-tolerated. The most frequently reported adverse reactions were injection site swelling in four patients (23.5%) and injection site erythema in three patients (17.6%)1 during CUVITRU treatment. Previously reported clinical trial results also confirmed the efficacy and safety of CUVITRU.

“We are delighted that CUVITRU, approved in more than 30 countries worldwide, has now been approved in Japan as our first subcutaneous immunoglobulin treatment for agammaglobulinemia or hypogammaglobulinemia,” said Naoyoshi Hirota, regional head of research & development for Takeda’s Plasma-Derived Therapies Business Unit in Japan. “Patients with immunodeficiency often contract serious infections, including pneumonia, sepsis and other recurring infections. Immunoglobulin replacement therapy is the standard of care, and we are proud to offer a new flexible dosing regimen to patients in Japan.”

Timely diagnosis of PID is problematic in Japan and treatment with immunoglobulins is currently much lower than in other parts of the world3,4. Patient demand for plasma-derived therapies (PDTs) is expected to grow significantly in the coming years, and Takeda is leading regulatory efforts and discussions to elevate the standard of care in Japan and introduce more of Takeda’s PDT portfolio into the country.

“Takeda is proud to build on our long and rich Japanese heritage by continuing to invest in and expand our PDT offerings to address the needs of patients,” said Kristina Allikmets, head of research & development for Takeda’s Plasma-Derived Therapies Business Unit. “Hand in hand with our recent investment in an end-to-end global plasma manufacturing facility in Osaka, the approval of CUVITRU marks the start of our commitment to bringing our broad and differentiated global PDT portfolio to immunodeficient patients in Japan over the next decade.”

About Agammaglobulinemia or Hypogammaglobulinemia

Agammaglobulinemia is an inherited disorder caused by a gene defect that blocks the growth of normal, mature immune cells called B lymphocytes, and produces antibodies5. Hypogammaglobulinemia describes a condition in which patients have low levels of antibodies and can be both due to inherited genetic conditions, or caused by secondary effects, such as chemotherapy, certain comorbid disorders, or the use of immunosuppressants2. Individuals with any form of antibody deficiency frequently experience recurring infections, and immunoglobulin replacement therapy can increase the level of antibodies in the body.

About Primary Immunodeficiency and Secondary Immunodeficiency

Primary immunodeficiency (PID) describes a heterogenous group of more than 480 rare genetic diseases wherein part of the immune system is missing or not functioning properly6. Secondary immunodeficiency (SID) may be defined as an impairment of the immune response resulting from conditions or factors extrinsic to the immune system. SID may occur as a consequence of malnutrition, metabolic disorders, use of immunosuppressive medications, chronic infections, malignancies, or severe trauma7. Due to their impaired immune system, patients with PID and SID may be more susceptible to infection and it may take longer to recover from it. In patients with antibody deficiency and increased susceptibility and/or persistent infections, substitution with functional antibodies (immunoglobulin replacement therapy) is the standard of care to support the immune system’s functioning7.

About CUVITRU™ [Immune Globulin Subcutaneous (Human), 20% Solution]

CUVITRU is an Immune Globulin Subcutaneous (Human) (IGSC), 20% Solution indicated in Japan as a treatment for agammaglobulinemia or hypogammaglobulinemia in patients aged 2 years and older. It was developed as a treatment to help prevent infection in adult and pediatric patients with PID or SID. As of May 2022, it has been approved in over 30 countries.

CUVITRU Product Overview in Japan

Brand Name

CUVITRU 20% S.C. Infusion 2 g/10 mL, 4 g/20 mL, 8 g/40 mL

Generic Name

pH4-Treated Acidic Normal Human Immunoglobulin (Subcutaneous injection)

Indications

Agammaglobulinemia or Hypogammaglobulinemia

Dosage and

Administration

 

Normally, 50 ~ 200 mg (0.25 ~ 1 mL)/kg body weight of human immunoglobulin G is administered subcutaneously once a week. In case of every 2 weeks regimen, 2-fold higher dose than once-a-week regimen (100 ~ 400 mg [0.5 ~ 2 mL]/kg body weight) will be administered subcutaneously. The dose and dosing frequency of once-a-week or every-2-weeks regimen may be adjusted according to the patient’s condition.

About Takeda

Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com.

Important Notice

For the purposes of this notice, “press release” means this document, any oral presentation, any question and answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (“Takeda”) regarding this release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws.

The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

Forward-Looking Statements

This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could”, “anticipates”, “estimates”, “projects” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States; competitive pressures and developments; changes to applicable laws and regulations, including global health care reforms; challenges inherent in new product development, including uncertainty of clinical success and decisions of regulatory authorities and the timing thereof; uncertainty of commercial success for new and existing products; manufacturing difficulties or delays; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic, on Takeda and its customers and suppliers, including foreign governments in countries in which Takeda operates, or on other facets of its business; the timing and impact of post-merger integration efforts with acquired companies; the ability to divest assets that are not core to Takeda’s operations and the timing of any such divestment(s); and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: https://www.takeda.com/investors/sec-filings/ or at www.sec.gov. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results.

Medical Information

This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

References

  1. CUVITRU Subcutaneous Injection Package Insert in Japan.

  2. Pimenta et al., Hypogammaglobulinemia: a diagnosis that must not be overlooked. BJMBR, 2019;52(10): e8926, http://dx.doi.org/10.1590/1414-431X20198926.

  3. The Marketing Research Bureau (MRB). Plasma-Derived Medicinal Products (PDMPs) and Plasma Supply into the Future. January 2020.

  4. Kohsuke et al., Physician awareness and understanding of primary immunodeficiency disorders: a web-based study in Japan, Immunological Medicine, 2023; 46:1, 45-57, doi: 10.1080/25785826.2022.2137966.

  5. National Organization for Rare Disorders: https://rarediseases.org/rare-diseases/agammaglobulinemia/.

  6. Tangye et al., Human inborn errors of immunity: 2022 update on the classification from the international union of immunological societies expert committee. J Clin Immunol. 2022 Oct;42(7):1473-1507. doi: 10.1007/s10875-022-01289-3. Epub 2022 Jun 24. https://pubmed.ncbi.nlm.nih.gov/35748970.

  7. Karen S. Tuano,y; Neha Seth, Javier Chinen. Secondary immunodeficiencies. Ann Allergy Asthma Immunol 127 (2021) 617-626.

 

Media Contacts:

International Media

Lauren Padovan

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+1 (617) 431-8028

Japan Media

Shigeyuki Matsui

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+81 (80) 3594-2460

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