Market Newsdesk

Electronics Repair Business Keeps Shelton Area Connected

Shawn Bice to Join Splunk as President of Products and Technology

Industry Veteran From AWS and Microsoft

Brings 20+ years of Cloud, Data and Developer Experience to Splunk

SAN FRANCISCO–(BUSINESS WIRE)–Splunk Inc. (NASDAQ: SPLK), provider of the Data-to-Everything Platform, today announced the appointment of Shawn Bice, a cloud and software leader with decades of experience in building and leading transformative Cloud, SaaS, and data management technology enterprises, to the newly created position of President of Products and Technology, effective June 1, 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210526005345/en/

Leading Splunk’s Product and Technology organization, Bice will report to CEO Doug Merritt, overseeing technical divisions including product, engineering, design, architecture, as well as the CIO, CTO, and CISO functions. Under his leadership, Splunk will continue to help customers lower costs, reduce complexity, and accelerate innovation by optimizing their data investments to support their long-term business strategies. Bice has a successful record of building and operating native cloud services at scale and velocity and driving on-premise to SaaS transitions. A portion of his success has come through deep customer centricity and top talent attraction and retention.

“The extensive cloud knowledge and data domain expertise that Shawn brings is unparalleled. It will help accelerate Splunk’s technology solutions and cloud capabilities at scale – fueling our success as a high-growth company and furthering our mission of removing the barriers between data and action,” said Merritt. “Known for his inspirational leadership style and customer-centric approach, Shawn directly aligns with Splunk’s values and culture. As an industry trailblazer, Shawn is a rare talent and his joining Splunk further validates the value we bring to customers and partners worldwide.”

“I am excited to join the talented team at Splunk and look forward to helping Splunk’s customers along their journey to the cloud and the company advance during this next phase of growth,” said Bice. “When it comes to data, we have only scratched the surface, and there is a tremendous opportunity for customers to reimagine and accelerate their business, both in the cloud and on-premises edge. Splunk leads with a customer-centric approach and is people-centered at the heart of its business. That value system empowers Splunk’s customers and employees to greatly transform the way we work together.”

About Shawn Bice

Bice joins Splunk from AWS, where he spent the last five years overseeing the cloud company’s database products, including Amazon Aurora & Relational Database Service (RDS), Amazon DynamoDB, Amazon ElasiCache, Amazon DocumentDB, Amazon Neptune, Amazon Keyspaces, Amazon Quantum Ledger Database, and Amazon Timestream. Before joining AWS in 2016, he spent 17 years with Microsoft in leadership roles managing SQL Server, and Azure data services.

Bice has more than two decades of experience leading product and engineering teams worldwide. He joins Splunk with strong experience at some of the most iconic enterprise software and cloud companies of our time. Few in the world have Bice’s expertise in native cloud services at the scale of AWS and using data to help customers lower costs, reduce complexity, and accelerate innovation.

Before his roles at AWS and Microsoft, Bice held several other leadership positions and is a U.S. Army Veteran. He has a B.S. from Eastern Michigan University and spends his free time with his wife and two kids.

About Splunk Inc.

Splunk Inc. (NASDAQ: SPLK) turns data into doing with the Data-to-Everything Platform. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale.

Splunk, Splunk>, Data-to-Everything, D2E and Turn Data Into Doing are trademarks and registered trademarks of Splunk Inc. in the United States and other countries. All other brand names, product names, or trademarks belong to their respective owners. © 2021 Splunk Inc. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210526005345/en/

For more information, please contact:

Media Contact

Nicole Greggs

Splunk Inc.

[email protected]

Investor Contact

Ken Tinsley

Splunk Inc.

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Software Technology Data Management

MEDIA:

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Shawn Bice, President of Products and Technology, Splunk Inc. (Photo: Business Wire)

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KB Home Announces the Grand Opening of Landings and Reserves at Sage Glen, Two New-home Communities in Popular Southwest Las Vegas

Homebuilder offers personalized, new homes in a prime location, priced from the $360,000s and $380,000s, respectively

LAS VEGAS–(BUSINESS WIRE)–
KB Home (NYSE: KBH) today announced the grand opening of Landings and Reserves at Sage Glen, two new communities in highly desirable Southwest Las Vegas. The communities are situated on South Rainbow Boulevard south of Interstate 215, providing easy access to the Las Vegas Strip and the area’s major employment centers as well as McCarran International Airport. Landings and Reserves at Sage Glen are also just minutes away from shopping, dining, entertainment and outdoor recreation at Rhodes Ranch Golf Club and several beautiful parks, including Exploration Peak Park and Mountain’s Edge Regional Park.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210526005348/en/

The homes at Landings at Sage Glen showcase desirable design characteristics like spacious kitchens overlooking large great rooms and expansive bedroom suites with walk-in closets. The community’s two-story floor plans feature up to five bedrooms and four baths, and range in size from approximately 1,400 to 2,400 square feet.

Reserves at Sage Glen provides a wide selection of both one- and two-story homes. The attractive floor plans showcase beautiful kitchens with large islands, generous loft and den spaces, ample storage and walk-in-closets at multiple bedrooms. The homes feature up to five bedrooms and five baths, and range in size from approximately 1,500 to 3,000 square feet. Additionally, both Sage Glen communities offer the KB Home Office, a dedicated room that homebuyers can personalize for the way they work.

“Our Sage Glen communities are situated in a prime Southwest Las Vegas location between Interstate 215 and Blue Diamond Highway and are convenient to the Las Vegas Strip and the area’s major employment centers,” said Brian Kunec, Regional General Manager of KB Home’s Las Vegas and Seattle divisions. “As with other KB Home communities, both Landings and Reserves at Sage Glen offer home shoppers the opportunity to purchase a personalized, new KB home at a price that fits their budget.”

KB Home stands out from other homebuilders as the company gives homebuyers exceptional choice and control. KB Home starts by offering a wide variety of homes at an affordable price. From there, the builder gives buyers the ability to personalize their homes from floor plans to exterior elevations, from design options to where they live in the community. The KB Home team works hand in hand with homeowners every step of the way so they have a real partner in the process.

Every KB home is designed to be ENERGY STAR^® certified thanks to the quality construction techniques and materials utilized that ultimately deliver significant savings on utility bills compared to used homes. Additionally, all new KB homes are designed to deliver an enhanced indoor environment and include high performance ventilation systems, low- or zero-VOC products and other features guided by the Environmental Protection Agency’s (EPA) Indoor airPLUS standards.

The Landings and Reserves at Sage Glen sales offices and model homes are open for private in-person tours by appointment, and walk-in visits are welcome. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. Pricing begins in the $360,000s and $380,000s, respectively.

For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.

About KB Home

KB Home is one of the largest and most recognized homebuilders in the United States and has been building quality homes for over 60 years. Today, KB Home operates in 45 markets across eight states, serving a wide array of buyer groups. What sets us apart is how we give our customers the ability to personalize their homes from homesites and floor plans to cabinets and countertops, at a price that fits their budget. We are the first builder to make every home we build ENERGY STAR^® certified. In fact, we go beyond the EPA requirements by ensuring every ENERGY STAR certified KB home has been tested and verified by a third-party inspector to meet the EPA’s strict certification standards, which help to lower the cost of ownership and to make our new homes healthier and more comfortable than new ones without certification. We also work with our customers every step of the way, building strong personal relationships so they have a real partner in the homebuying process, and the experience is as simple and easy as possible. Learn more about how we build homes built on relationships by visiting kbhome.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210526005348/en/

Craig LeMessurier, KB Home

925-580-1583

[email protected]

KEYWORDS: Nevada United States North America

INDUSTRY KEYWORDS: Construction & Property Residential Building & Real Estate

MEDIA:

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KB Home announces the grand opening of Landings and Reserves at Sage Glen, two new-home communities in popular Southwest Las Vegas. (Photo: Business Wire)

Revance Provides Update on DaxibotulinumtoxinA for Injection Pre-Approval Inspection

NASHVILLE, Tenn.–(BUSINESS WIRE)–
Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, today announced that the FDA plans to initiate its pre-approval inspection of the company’s manufacturing facility for DaxibotulinumtoxinA for Injection by the end of June 2021.

In November 2020, Revance received notification from the FDA that the Agency was deferring a decision on the Biologics License Application (BLA) for DaxibotulinumtoxinA for Injection for the treatment of moderate to severe glabellar (frown) lines because the required pre-approval inspection of the company’s manufacturing facility could not be completed due to travel restrictions associated with the COVID-19 pandemic.

About Revance

Revance is a biotechnology company focused on innovative aesthetic and therapeutic offerings, including its next-generation neuromodulator product, DaxibotulinumtoxinA for Injection. DaxibotulinumtoxinA for Injection combines a proprietary stabilizing peptide excipient with a highly purified botulinum toxin that does not contain human or animal-based components. Revance has successfully completed a Phase 3 program for DaxibotulinumtoxinA for Injection in glabellar (frown) lines and is pursuing U.S. regulatory approval. Revance is also evaluating DaxibotulinumtoxinA for Injection in the full upper face, including glabellar lines, forehead lines and crow’s feet, as well as in two therapeutic indications – cervical dystonia and adult upper limb spasticity. To accompany DaxibotulinumtoxinA for Injection, Revance owns a unique portfolio of premium products and services for U.S. aesthetics practices, including the exclusive U.S. distribution rights to the RHA® Collection of dermal fillers, the first and only range of FDA-approved fillers for correction of dynamic facial wrinkles and folds, and the HintMD fintech platform, which includes integrated smart payment, subscription and loyalty digital services. Revance has also partnered with Viatris (formerly Mylan N.V.) to develop a biosimilar to BOTOX®, which would compete in the existing short-acting neuromodulator marketplace. Revance is dedicated to making a difference by transforming patient experiences. For more information or to join our team visit us at www.revance.com.

“Revance Therapeutics” and the Revance logo are registered trademarks of Revance Therapeutics, Inc.

Resilient Hyaluronic Acid® and RHA® are trademarks of TEOXANE SA.

BOTOX® is a registered trademark of Allergan, Inc.

Forward-Looking Statements

Any statements in this press release that are not statements of historical fact, including statements related to statements about our ability to obtain, and the timing relating to regulatory approval with respect to DaxibotulinumtoxinA for Injection in glabellar lines; the timing and outcome of the FDA’s inspection of the Northern California manufacturing facility; the commercial launch of DaxibotulinumtoxinA for Injection; and development of a biosimilar to BOTOX® with our partner, Viatris, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance, events, circumstances or achievements reflected in the forward-looking statements will ever be achieved or occur.

Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from our expectations. These risks and uncertainties relate, but are not limited to: the results, timing, costs, and completion of our research and development activities and regulatory approvals, including the continuing delay in the FDA’s approval of the BLA for DaxibotulinumtoxinA for Injection for the treatment of glabellar lines, including as a result of observations made by the FDA during the site inspection or other reasons; the impact of the COVID-19 pandemic on our manufacturing operations, supply chain, end user demand for our products, commercialization efforts, business operations, clinical trials and other aspects of our business; our ability to manufacture supplies for our product candidates; the uncertain clinical development process; the risk that clinical trials may not have an effective design or generate positive results; the applicability of clinical study results to actual outcomes; the rate and degree of economic benefit, the safety, commercial acceptance and the market, competition, size and growth potential of our services and our drug product candidates, if approved; our ability to successfully commercialize our services and our drug product candidates, if approved, and the timing and cost of commercialization activities; our ability to develop sales and marketing capabilities; the status of commercial collaborations; our ability to obtain funding for our operations; our ability to continue obtaining and maintaining intellectual property protection for our drug product candidates; and our financial performance, including future revenue, expenses and capital requirements. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release may be found in our periodic filings with the Securities and Exchange Commission (SEC), including factors described in the section entitled “Risks Factors” on our Form 10-Q for the quarter ended March 31, 2021, filed with the SEC on May 10, 2021. The forward-looking statements in this press release speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210526005354/en/

Investors

Revance:

Jessica Serra, 626-589-1007

[email protected]

or

Gilmartin Group, LLC.:

Laurence Watts, 619-916-7620

[email protected]

Media

Revance:

Sara Fahy, 949-887-4476

[email protected]

or

General Media:

Y&R:

Jenifer Slaw, 347-971-0906

[email protected]

or

Trade Media:

Nadine Tosk, 504-453-8344

[email protected]

KEYWORDS: United States North America Tennessee

INDUSTRY KEYWORDS: Cosmetics Retail FDA Health Pharmaceutical Biotechnology

MEDIA:

Posted on May 26, 2021 8:05 am

Absolute Software’s Annual Endpoint Risk Report Underscores Compromised Security Controls Widening Enterprise Attack Surface

Absolute Software’s Annual Endpoint Risk Report Underscores Compromised Security Controls Widening Enterprise Attack Surface

 Findings reveal 1 in 4 enterprise devices analyzed had unhealthy or ineffective security applications at any given time, leaving sensitive data at risk

VANCOUVER, British Columbia & SAN JOSE, Calif.–(BUSINESS WIRE)–Absolute Software™ (NASDAQ: ABST) (TSX: ABST), a leader in Endpoint Resilience™ solutions, today announced key findings from its third annual Endpoint Risk Report. This year’s edition shines a light on key trends affecting enterprise data and device security, and underscores the dangers of compromised security controls in expanding an already wide attack surface for today’s enterprises.

Researchers estimate that the number of ransomware attacks grew by more than 150 percent in 2020, fueled by the global pandemic and the massive disruption to IT and Security operations. According to The Coveware Quarterly Ransomware Report, the most common software vulnerabilities exploited by ransomware attackers in Q1 (Jan – Mar) 2021 involved Virtual Private Networks (VPNs). It goes on state that “the cyber extortion economic supply chain demonstrated how a vulnerability in widely used VPN appliances can be identified, exploited and monetized by ransomware affiliates.”

The findings in Absolute’s 2021 Endpoint Risk Report reveal that the need to support and secure remote workforces only exacerbated the existing complexities found in today’s endpoint environments – and with increasing complexity comes the increased risk of friction, failure, and noncompliance. One in four devices analyzed had critical security controls — such as encryption, antivirus, or VPN — considered to be unhealthy, or not working effectively, at any given time. If left unaddressed, almost any application deployed on the endpoint carries the potential of becoming an attack vector.

“The trends in this year’s report — unaddressed vulnerabilities, unprotected data, and failing security controls – are clear indicators that it is time for organizations to put rigor around ensuring the endpoint security tools they’ve invested in are effectively protecting their valuable, and vulnerable, corporate devices and data,” said Christy Wyatt, President and CEO of Absolute. “And, the findings underscore the critical need for resilient endpoints and applications in the evolving ‘work from anywhere’ era. The ability to identify and mitigate risk is dependent on having the ability to monitor the state of every device and application, identify where things might be fragile or falling down, and autonomously heal them when needed.”

The Absolute Platform for Endpoint Resilience enables a secure, unbreakable connection to every endpoint, delivering visibility and intelligence into devices, data, and applications across the entire endpoint environment. Absolute’s Application Persistence™ service continuously measures the effectiveness of a growing ecosystem of mission-critical security and productivity applications, and empowers them to automatically repair or reinstall themselves if they become compromised. Absolute’s insights show that enterprise devices running Absolute’s Application Persistence service reported security control effectiveness 21 percent higher than those without.

Other notable insights from the 2021 Absolute Endpoint Risk Report include:

• Endpoint complexity and redundancy continue to plague enterprises:The average number of security controls has increased to more than 11 per enterprise device, with the majority of devices containing multiple controls with the same function. Two in three (60%) enterprise devices analyzed had two or more encryption applications installed, while more than half (52%) had three or more endpoint management applications installed.
• Sensitive data remains unprotected and at risk: Nearly three in four (73%) enterprise devices analyzed contained sensitive data, such as Protected Health Information (PHI) or Personally Identifiable Information (PII). Compounding the risk of exposure, nearly one in four (23%) devices with high levels of sensitive data also reported unhealthy encryption controls.
• Patching delays leave critical vulnerabilities unaddressed: The average Windows 10 enterprise device was found to be 80 days behind in applying the latest available OS patches. More than 40 percent of Windows 10 enterprise devices were running version 1909, which is associated with over 1,000 known vulnerabilities.

Absolute’s 2021 Endpoint Risk Report was developed using anonymized data from nearly five million Absolute-enabled devices active across 13,000 customer organizations in North America and Europe. To download the full report, visit here.

To learn more about how Absolute’s undeletable defense platform enables always-connected visibility and Self-Healing Endpoint™ security, visit www.absolute.com.

About Absolute Software

Absolute Software is a leader in Endpoint Resilience solutions and the industry’s only undeletable defense platform embedded in over a half-billion devices. Enabling a permanent digital tether between the endpoint and the enterprise who distributed it, Absolute provides IT and Security organizations with complete connectivity, visibility, and control, whether a device is on or off the corporate network and empowers them with Self-Healing Endpoint security to ensure mission-critical apps remain healthy and deliver intended value. For the latest information, visit www.absolute.com and follow us on LinkedIn or Twitter.

©2021 Absolute Software Corporation. All rights reserved. ABSOLUTE, ABSOLUTE SOFTWARE, the ABSOLUTE logo, PERSISTENCE, ABSOLUTE RESILIENCE, ENDPOINT RESILIENCE, and APPLICATION PERSISTENCE are trademarks of Absolute Software Corporation and the exclusive rights to such trademarks are expressly reserved. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210526005377/en/

Media Relations

Becki Levine

[email protected]

858-524-9443

Investor Relations

Joo-Hun Kim

[email protected]

212-868-6760

KEYWORDS: United States North America Canada California

INDUSTRY KEYWORDS: Software Technology Security

MEDIA:

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Transphorm to Participate at Upcoming Investor Conferences

GOLETA, Calif.–(BUSINESS WIRE)–Transphorm, Inc. (OTCQX: TGAN) — a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products, today announced that executive management will participate at the following virtual investor conferences:

• Craig-Hallum Institutional Investor Conference on Wednesday, June 2^nd.
• Cowen Technology, Media & Telecom Conference on Thursday, June 3^rd. The Company is scheduled to participate in a virtual fireside chat at 12:30 p.m. ET.

Portfolio managers and analysts can request a meeting with management by contacting their sales representative at the respective hosting firms or Transphorm investor relations. Additionally, a live and archived replay of the Company’s presentation at the Cowen Conference will be available on the Events & Webcasts page of Transphorm’s Investor Relations website.

About Transphorm, Inc.

Transphorm, Inc., a global leader in the GaN revolution, designs and manufactures high performance and high reliability GaN semiconductors for high voltage power conversion applications. Having one of the largest Power GaN IP portfolios of more than 1,000 owned or licensed patents, Transphorm produces the industry’s first JEDEC and AEC-Q101 qualified high voltage GaN semiconductor devices. The Company’s vertically integrated device business model allows for innovation at every development stage: design, fabrication, device, and application support. Transphorm’s innovations are moving power electronics beyond the limitations of silicon to achieve over 99% efficiency, 40% more power density and 20% lower system cost. Transphorm is headquartered in Goleta, California and has manufacturing operations in Goleta and Aizu, Japan. For more information, please visit www.transphormusa.com. Follow us on Twitter @transphormusa and WeChat ID: TransphormGaN.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210526005379/en/

Investor Contacts:

Shelton Group

Brett Perry | Leanne Sievers

1-214-272-0070 | 1-949-224-3874

[email protected]

Company Contact:

Cameron McAulay

Chief Financial Officer

1-805-456-1300 ext. 140

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Technology Networks Hardware Semiconductor

MEDIA:

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LiveVox Introduces LiveVox Bot to Seamlessly Connect Customer Journeys

The intelligent virtual assistant delivers a personalized conversation experience for customers while making chatbot administration easy for contact center managers

SAN FRANCISCO–(BUSINESS WIRE)–LiveVox, Inc. (“LiveVox”), a leading cloud-based provider of customer service and digital engagement tools, has launched the LiveVox Bot, an intelligent virtual assistant pre-built into its messaging channels and Unified CRM. With the integration of the LiveVox Bot, customers will be able to create and deploy a virtual assistant in minutes using the point and click Bot Editor, while also drawing from the rich customer profiles already available in the platform, to facilitate targeted conversations. As part of LiveVox’s integrated contact center solution, customers can transition seamlessly from a bot conversation to a live agent and continue the conversation across their preferred channels.

Key Features of the LiveVox Bot include:

• Virtual Assistant capabilities leveraging LiveVox’s rich customer profile and digital messaging workflows to offer personalized and targeted conversations throughout the customer journey. The Virtual Assistant is also highly effective at presenting a unified tone to customers and automating high frequency tasks, allowing live agents to focus on more challenging issues.
• A Bot Editor that makes it easy for contact center managers to quickly create virtual assistants and deploy changes. The intuitive point and click interface allows users to work with a visual representation of the customer journey while the Bot Editor automatically organizes conversation paths into workflows and sub-flows so that the user can update their customer communication strategy in minutes.
• Analytics that provide insight into customer engagement rates and goals completed, such as how often the Virtual Assistant successfully completes customer requests or gathers key data from new applicants. Real-time dashboards show how customers are engaging with the Virtual Assistant and the most popular conversation paths, making it easy for managers to tune the Virtual Assistant for the best customer experience.

“The LiveVox Bot is another example of the exciting innovations and developments being implemented into our already extensive offering for the contact center,” said LiveVox CEO Louis Summe. “At LiveVox we pride ourselves on providing a truly omnichannel approach to customer engagement and the LiveVox Bot will serve as a key capability as digitization continues to change the way organizations communicate with their customers.”

The use cases for the LiveVox Bot are numerous, with applications in many sectors. From an SMS bot that reminds customers they have a payment due to a website chatbot that automates repetitive data gathering tasks or a virtual assistant to provide answers to FAQs, the LiveVox Bot is customizable and allows contact centers to free up live agents for more meaningful tasks.

To learn more about the LiveVox Bot, click here.

About LiveVox

LiveVox, a portfolio company of Golden Gate Capital, is a leading cloud-based contact center platform. By seamlessly integrating omnichannel communications, customer relationship management (CRM), and workforce optimization (WFO), LiveVox delivers exceptional agent and customer experiences, while helping to reduce compliance risk. LiveVox’s reliable, easy-to-use technology enables effective engagement strategies on channels of choice to help drive contact center performance. Founded in 2000, LiveVox is headquartered in San Francisco with offices in Atlanta, Denver, St. Louis, Colombia, and Bangalore.

On January 14, 2021, LiveVox announced plans to merge with Crescent Acquisition Corp (“Crescent”) to become a publicly traded company (the “Business Combination”). Consummation of the Business Combination is subject to customary closing conditions, including approval by Crescent’s stockholders.

IMPORTANT LEGAL INFORMATION

Additional Information about the Proposed Transaction and Where to Find It

This communication may be deemed solicitation material in respect of the proposed Business Combination between Crescent and LiveVox. The Business Combination will be submitted to the stockholders of Crescent and LiveVox for their approval. In connection with such stockholder vote, Crescent filed with the Securities and Exchange Commission (the “SEC”) a proxy statement on Schedule 14A and mailed a definitive proxy statement to its stockholders in connection with Crescent’s solicitation of proxies for the special meeting of the stockholders of Crescent to be held to approve the Business Combination. This communication does not contain all the information that should be considered concerning the proposed Business Combination and the other matters to be voted upon at the special meeting and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. Crescent’s stockholders and other interested parties are urged to read the proxy statement, the amendments thereto, the definitive proxy statement and any other relevant documents that are filed or furnished or will be filed or will be furnished with the SEC carefully and in their entirety in connection with Crescent’s solicitation of proxies for the special meeting to be held to approve the Business Combination and other related matters, as these materials contain important information about LiveVox and Crescent and the proposed Business Combination. The definitive proxy statement is being mailed to the stockholders of Crescent as of the record date established for voting on the proposed Business Combination and the other matters to be voted upon at the special meeting. Such stockholders may also obtain copies of the proxy statement, without charge, at the SEC’s website at http://www.sec.gov, at Crescent’s website at http://www.crescentspac.com or by directing a request to Crescent Acquisition Corp, 11100 Santa Monica Blvd., Suite 2000, Los Angeles, CA 90025.

Forward-Looking Statements

This communication contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be made directly in this communication. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon management estimates and forecasts and reflect the views, assumptions, expectations, and opinions of Crescent or LiveVox, as the case may be, as of the date of this communication, and may include, without limitation, changes in general economic conditions, including as a result of COVID-19, all of which are accordingly subject to change. Any such estimates, assumptions, expectations, forecasts, views or opinions set forth in this communication constitute Crescent’s or LiveVox’s, as the case may be, judgments and should be regarded as indicative, preliminary and for illustrative purposes only. The forward-looking statements and projections contained in this communication are subject to a number of factors, risks and uncertainties, some of which are not currently known to Crescent or LiveVox, that may cause Crescent’s or LiveVox’s actual results, performance or financial condition to be materially different from the expectations of future results, performance of financial condition. Although such forward-looking statements have been made in good faith and are based on assumptions that Crescent or LiveVox, as the case may be, believe to be reasonable, there is no assurance that the expected results will be achieved. Crescent’s and LiveVox’s actual results may differ materially from the results discussed in forward-looking statements. Additional information on factors that may cause actual results and Crescent’s performance to differ materially is included in Crescent’s periodic reports filed with the SEC, including but not limited to Crescent’s Amendment No. 1 to its Annual Report on Form 10-K/A for the fiscal year ended December 31, 2020. Copies of Crescent’s filings with the SEC are available publicly on the SEC’s website at www.sec.gov or may be obtained by contacting Crescent. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. These forward-looking statements are made only as of the date hereof, and neither Crescent nor LiveVox undertake any obligations to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

No Offer or Solicitation

This communication is for informational purposes only and does not constitute an offer or invitation for the sale or purchase of securities, assets or the business described herein or a commitment to Crescent or LiveVox with respect to any of the foregoing, and this filing shall not form the basis of any contract, nor is it a solicitation of any vote, consent, or approval in any jurisdiction pursuant to or in connection with the Business Combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.

Participants in Solicitation

Crescent and LiveVox, and their respective directors and executive officers, may be deemed participants in the solicitation of proxies of Crescent’s stockholders in respect of the Business Combination. Information about the directors and executive officers of Crescent and of LiveVox and more detailed information regarding the identity of all potential participants, and their direct and indirect interests, by security holdings or otherwise, are set forth in the proxy statement for the Business Combination. Additional information regarding the identity of all potential participants in the solicitation of proxies to Crescent’s stockholders in connection with the proposed Business Combination and other matters to be voted upon at the special meeting, and their direct and indirect interests, by security holdings or otherwise, are included in the proxy statement that Crescent filed with the SEC. Investors may obtain such information by reading such proxy statement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210526005388/en/

For LiveVox:

Investors:

Alexis Waadt

Vice President, Head of Investor Relations

[email protected]

Michael Bowen and Ryan Gardella

ICR, Inc. for LiveVox

[email protected]

Media:

Katie Creaser

[email protected]

For Crescent Acquisition Corp:

Investors:

Lasse Glassen

Addo Investor Relations

[email protected]

424-238-6249

Media:

Bill Mendel

Mendel Communications

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Data Management Technology Other Technology Software Networks Internet

MEDIA:

Posted on May 26, 2021 8:04 am

Bunge Publishes 2021 Global Sustainability Report and Non-Deforestation Progress Report

Bunge Publishes 2021 Global Sustainability Report and Non-Deforestation Progress Report

ST. LOUIS–(BUSINESS WIRE)–
Bunge, a global leader in agribusiness, food and ingredients, today released its 2021 Global Sustainability Report, highlighting company initiatives across three core pillars: Action on Climate, Responsible Supply Chains and Accountability.

“Never before has sustainability been so critical to our business and our future,” said Greg Heckman, Bunge’s Chief Executive Officer. “At Bunge, this means we factor the environmental and social challenges we must address into the daily business decisions we make while we continue to connect farmers to consumers to deliver the food, feed and fuel that society depends on every day.”

The 2021 report includes Bunge’s Global Non-Deforestation Report, featuring progress against soy sourcing in key regions at a higher risk of deforestation including the Cerrado region of South America and critical palm-producing areas in Southeast Asia. Bunge continues making significant strides toward its commitment to achieve deforestation-free supply chains by 2025 and has consistently issued reports describing progress in key performance indicators.

“We have the most ambitious global non-deforestation commitment in the sector – at least five years ahead of our main competitors. It includes every crop we source, everywhere we have a presence. Yet our actions will only be successful in achieving broader success against deforestation if we work together through multi-stakeholder collaboration. By seeking industry alignment on common definitions, cutoff dates, and other measures, we will witness more impactful and long-lasting transformation in the sector – none of which will happen if companies act alone,” highlighted Rob Coviello, Bunge’s Chief Sustainability Officer and Government Affairs Leader.

The Global Non-Deforestation Report includes details on Bunge’s traceability and monitoring efforts, supplier and farmer engagement – including digital tools and incentives – actions against non-compliance, multi-stakeholder collaborations and sustainability certifications.

For soy sourcing in South America, this is Bunge’s tenth report that showcases its industry-leading performance on the ground, with 100% traceability to all direct-source farms in the high-priority areas of South America. Additionally, the company shares detailed information about how its teams carry out farmer engagement processes when deforestation/conversion of land in South America is detected.

For palm oil sourcing, Bunge has been focused on high traceability and has one of the highest traceability-to-plantation numbers in the industry. In our Global Non-Deforestation Report and palm oil dashboard, Bunge now reports 98% traceability to mill and 77% traceability to plantation – two critical measures for the sourcing of this commodity.

To read Bunge’s 2021 Global Sustainability Report, visit bunge.com/sustainability.

About Bunge

At Bunge (www.bunge.com, NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. With more than two centuries of experience, unmatched global scale and deeply rooted relationships, we work to put quality food on the table, increase sustainability where we operate, strengthen global food security, and help communities prosper. As the world’s leader in oilseed processing and a leading producer and supplier of specialty plant-based oils and fats, we value our partnerships with farmers to improve the productivity and environmental efficiency of agriculture across our value chains and to bring quality products from where they’re grown to where they’re consumed. At the same time, we collaborate with our customers to create and reimagine the future of food, developing tailored and innovative solutions to meet evolving dietary needs and trends in every part of the world. Our Company is headquartered in St. Louis, Missouri, and we have more than 23,000 dedicated employees working across more than 350 facilities located in more than 40 countries.

Website Information

We routinely post important information for investors on our website, www.bunge.com, in the “Investors” section. We may use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210526005397/en/

Media Contact:

Bunge News Bureau

Bunge

636-292-3022

[email protected]

Investor Contact:

Ruth Ann Wisener

Bunge Limited

636-292-3014

[email protected]

KEYWORDS: Missouri United States North America

INDUSTRY KEYWORDS: Supply Chain Management Retail Environment Agriculture Natural Resources Food/Beverage

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Tokens.com Publishes a Letter to Shareholders Regarding its Near Zero-Energy Consumption Crypto Business

TORONTO–(BUSINESS WIRE)–
Tokens.com Corp. (NEO: COIN) (FSE: 76M) (“Tokens.com” or the “Company”) publishes a letter to shareholders regarding the Company’s business model, particularly as it relates to energy consumption.

Dear shareholders:

Our management team has operated in the blockchain and capital markets for many years, having held senior executive roles at Hut 8, Goldman Sachs, Galaxy Digital and Fidelity. With that comes invaluable expertise, but also a level of comfort in using industry jargon and concepts unique to the Blockchain space. We want to take a moment to simplify what we do and highlight some of the exciting opportunities ahead through ongoing messages from management that we hope you’ll find informative. Today we are releasing the first part of this series, which covers the important topic of energy use in the crypto space and how our business uses a process that accomplishes the same thing with near zero energy consumption.

Part I

Mining Cryptocurrency is an Energy-Intensive Business. But it doesn’t have to be.

Blockchains are public ledgers maintained on the cloud that are accessible by anyone that wants to see it. Every time a transaction is performed, it is grouped with other transactions into a virtual block and added (or chained) to blocks that contain every other transaction ever performed on that platform – thus, the name Blockchain.

Blockchain technology enables peer-to-peer transactions without a central point of authority. This is why blockchains are often called decentralized. Instead of a centralized point of authority, like a bank, outside parties perform the work that allows transactions to take place. These outside parties are rewarded through payment in digital assets (cryptocurrencies).

Tokens.com is one of the outside parties that utilizes Blockchain technology to process and validate transactions for digital assets. As there are no centralized authorities or banks in a Blockchain, the networks rely on providers like us to make their platforms reliable and to make sure transactions are added to the Blockchain. For example, when one person sends an ETH (the token native to the Ethereum network) to another person, the network needs a way to monitor that transaction, make sure it follows the rules of the network, and that the transfer is successfully completed and added to the Blockchain. The network, in this case Ethereum, compensates third parties (like Tokens.com) to perform this work – and payment is made to us in additional ETH tokens. That is how Tokens accumulates additional digital assets for its work.

Staking Accomplishes More While Consuming Less

Traditionally, crypto miners provided this validation service. However, crypto mining technology is 12 years old. It can’t process many transactions per second and requires a tremendous amount of specialized hardware and energy consumption. At Tokens.com, we use a next-generation process to validate digital asset transactions. This process is called Proof-of-Stake or Staking and it does not require the intensive energy consumption that crypto mining is reliant upon. We perform the same work as a crypto miner, have a similar compensation structure, but we do it in a more energy-efficient, environmentally friendly way through Staking.

This is why Ethereum, the second largest crypto asset with a market value of about $300 billion, is aiming to make the bold move to transfer its entire platform to Staking in the next few years. Not only is Staking estimated to use 99.95% less energy than crypto mining⁽¹⁾, it also allows for faster processing of more transactions per second. We believe this will eliminate the bottlenecks created by the limited throughput of crypto mining and reduce the Ethereum carbon footprint to nearly zero.

Instead of validating a blockchain through intensive energy consumption, Proof-of-Stake achieves consensus through the ownership of Staking tokens. Through ownership of the digital asset for the blockchain we are validating, we are granted votes (validation rights) to decide which transactions should be approved and added to the Blockchain. For providing this service, we are paid in additional digital assets. As we accumulate more digital assets, we expect Staking to become more profitable. That’s because when we own more of the network, we expect to validate more transactions to reach a consensus, and therefore receive a greater portion of the payment to the network for Staking, also called Staking rewards.

Think of it as owning shares in a company paying a dividend. The more shares you own, the greater the aggregate dividend you receive. Similarly in Staking, the more digital assets we use to Stake, the greater the aggregate compensation we receive. This incentivizes us to build our operations by purchasing and Staking more digital assets. We note however, that receiving a dividend is a passive activity. Staking requires work and is essential to the operation of a Blockchain.

We are capturing a larger slice of the pie and the size of the pie is growing.

We believe our model is unique. Investors can benefit from the same rewards and compensation as investors in a crypto miner. In addition, our investors gain exposure to the digital assets we buy and use as tools for Staking. In contrast, a crypto miner’s equipment depreciates rapidly. We are on the forefront of innovation. We believe our model provides our investors with additional upside that miners can’t provide. All this is all done in an environmentally friendly way that miners can’t compete with. This is why we’ve attracted investments from blockchain industry leaders such Bitbuy, First Block Capital, HIVE Blockchain Technologies, PowerOne Capital Group, Matthew Roszak (the co-founder and Chairman of Bloq), and Olaf Carlson-Wee (the founder and CEO of Polychain Capital).

(1) https://blog.ethereum.org/2021/05/18/country-power-no-more/

About Tokens.com

Tokens is a Blockchain technology company that provides transaction processing and validation services for various digital assets that power Decentralized Finance (DeFi) applications and Non-Fungible Token (NFT) platforms. Tokens utilizes Proof-of-Stake (“PoS”) or Staking technology. DeFi is a new class of financial applications that provides users with automated and transparent financial services, such as borrowing and lending, without the need for financial institutions. NFTs are redefining how art, gaming, music and collectibles are created, valued and traded. Management believes that as mainstream adoption for DeFi and NFT applications grow, the need for Tokens.com’s Staking services will commensurately increase.

Tokens has agreements with industry leaders, Polychain Labs, Bison Trails, Staked and Coinbase Custody, to manage its staking operations and provide custodial services. Tokens’ management team includes seasoned blockchain and financial professionals with prior experience at Hut 8 Mining, Fidelity Investments, Galaxy Digital and Goldman Sachs. Tokens was formed in collaboration with Polychain Labs, an affiliate of Polychain Capital, which is one of the largest cryptocurrency venture capital firms in Silicon Valley. Current investors include Bitbuy Limited, First Block Capital, HIVE Blockchain Technologies Ltd., PowerOne Capital Group, Matthew Roszak (the co-founder and Chairman of Bloq, Inc.), and Olaf Carlson-Wee (the founder and CEO of Polychain Capital).

The Company’s common shares are listed under the symbol “COIN” on the NEO Exchange and as “76M” on the Frankfurt Stock Exchange.

Further information can be found on the Company’s website: Tokens.com.

Keep up-to-date on Tokens.com developments and join our online communities at Twitter, LinkedIn, and YouTube.

Neither NEO Exchange nor its Regulation Services Provider (as that term is defined in policies of the NEO Exchange) accepts responsibility for the adequacy or accuracy of this news release.

FORWARD-LOOKING STATEMENT DISCLAIMER

Certain statements in this news release have been derived from third party sources and have not been independently verified by the Company. In addition, this news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “plans”, “expects’, “estimates”, “intends”, “anticipates”, “believes” or variations of such words, or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will be taken”, “occur” or “be achieved”. Forward-looking statements in this news release include statements regarding the expected reduction in energy usage from proof-of stake; the expected conversion of Ethereum to Staking and the resulting impact on the Ethereum carbon footprint; management’s determination of the base case scenario annualized yields of staking rewards, return on investment (ROI) and payback on staking rates as shown in the diagram above; and management’s belief that the Company’s model is unique and provides investors with an upside that crypto miners cannot compete with. Forward looking statements involve risks, uncertainties and other factors, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements, including that: the Company’s yields from Staking may not continue at the levels expected, and actual yields may be less than scenarioprojected; migration of Ethereum to Staking may be delayed or may not occur at all; the Company’s annual compensation percentage is volatile and could materially decline; expected energy consumption benefits with Staking as compared to crypto mining may be less than anticipated; competition or other factors may diminish Staking claims; the Company’s cryptoasset inventory may be materially reduced in value as a result of flaws in the cryptoasset code or malicious actors; market adoption of blockchain may be slower than expected; the Company may be unable to raise financing needed to continue its business on terms expected or at all; the Company’s business is subject to cybersecurity risks, including risk of loss, theft or destruction of its cryptoassets; and regulatory changes may impact the Company’s ability to conduct its business as currently conducted, as well as other factors beyond the Company’s control, and those risk factors included under the heading “Risk Factors” in the Company’s filing statement dated April 22, 2021, which is available under the Company’s profile at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date of this release, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this release. The forward-looking statements in this news release are made only as of the date of this release and the Company does not undertake any obligation to update any forward-looking statements, except as required by applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210526005411/en/

For further information:

Tokens.com Corp.

Katherine Sullivan, Head of Corporate Strategy & Investor Relations

Email: [email protected]

Phone: (647) 578-7490

Media: Megan Stangl – Talk Shop Media

Email: [email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Technology Insurance Finance Consumer Banking Other Education Professional Services Other Technology Telecommunications Software Education Networks Other Consumer Consumer Electronics

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