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Domo Launches More than 100 New Features at Domopalooza 2021 and Raises the Bar with Modern BI for All

Domo Launches More than 100 New Features at Domopalooza 2021 and Raises the Bar with Modern BI for All

New features supporting data literacy and intelligent action make it even easier for everyone to understand, interact with and leverage data

SILICON SLOPES, Utah–(BUSINESS WIRE)–Domo (Nasdaq: DOMO) today released over 100 new features to make it easier for everyone to understand, interact with and leverage data. Included among these features are new augmented capabilities that reduce the technical barriers for any business decision maker to be more data curious and more effectively put data to work.

Organizations and their business decisions makers have access to more data than ever; understanding and leveraging the right data can be overwhelming and difficult when working with millions, billions or trillions of rows of data. Helping overcome these barriers are the focus of today’s new features, including the following that were among those demonstrated at Domopalooza this morning:

  • Dataset Views and Analyzer come together to promote data adoption and curiosity:This new tool for guided analysis is designed to promote faster data adoption and data curiosity across the organization by delivering a seamless experience that allows business users and data analysts alike to more easily move through data analysis, exploration, manipulation and visualization, in one easy-to-use interface.
  • Natural Language (NLG) in Narrative Cards generates easy-to-understand data stories:Domo expands the use of artificial intelligence (AI) to automatically run complex analysis on your data and present the story of that data in the language of your business, making sure your data stories will be more useful, more understandable and more relevant to your audience. NLG reduces the likelihood of data misinterpretation with simple, easy-to-understand narratives so everyone can intuitively understand your data insights.
  • DDX Bricks allows anyone to create and deploy apps for modern BI with drag-and-drop simplicity:The Domo Data Experience (DDX) is an extension of the Domo App Framework and DDX Bricks are pre-built, reusable code blocks that enable anyone in an organization, including those with little-to-no coding experience, the ability to build and deploy custom visualizations and apps with drag-and-drop simplicity. DDX Bricks enables all users to be curious about their data: explore data sets, customize visuals, copy-and-paste code from the web, and more, giving everyone – from citizen developers to full stack developers – the ability to innovate and deploy apps in record time.

“The Domo Business Cloud was built on the promise to unlock the value of data for an entire business and ecosystem. Today’s announcement highlights our commitment to reducing the technical barriers to understanding your data, unleashing modern BI for all,” said Catherine Wong, Chief Product Officer and EVP of Engineering at Domo. “At the heart of Domo is data curiosity and data discovery, and we want to ensure a powerful experience with data for all of our users regardless of their technical abilities. By making massive amounts of data understandable and enabling simple data exploration, anyone can make faster decisions that help drive the business forward.”

Cameron Davies, Chief Data Officer at Yum Brands and Domopalooza Keynote Speaker commented, “We’re focused on using our scale as the world’s largest restaurant company, with more than 50,000 restaurants in over 150 countries, to leverage the power of data and analytics and integrate it into the daily decision-making process of the business. We believe it’s our responsibility to enable our employees with the tools that will drive their data agility and literacy, and promote intelligent action to further our business goals. What we’ve admired about Domo is how the team continues to listen to us – the customers – and takes that feedback to make the Domo platform that much more powerful yet easy-to-use. We’re excited to extend these new features to our employees and enable better leverage of our business data.”

To learn more about the Domo platform, visit: www.domo.com/platform

About Domo

Domo is the Business Cloud, empowering organizations of all sizes with BI leverage at cloud scale, in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on-the-fly, in minutes or seconds, at unbelievable scale. For more information about how Domo (Nasdaq: DOMO) helps its customers go fast, go big and go bold, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.

Domo, Domopalooza, Domo Business Cloud and Domo is the Business Cloud are registered trademarks of Domo, Inc.

Cynthia Cowen

[email protected]

KEYWORDS: United States North America Utah

INDUSTRY KEYWORDS: Software Technology Internet Data Management

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Eaton Partners Acts as Exclusive Placement Agent for Orangewood Partners’ Latest Fund

ROWAYTON, Conn., March 24, 2021 (GLOBE NEWSWIRE) — Eaton Partners, one of the world’s leading private capital advisory and fund placement firms and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), is pleased to have acted as the exclusive placement agent for Orangewood Partners. 

Orangewood Partners LLC (“Orangewood”), a long-term focused private investment firm, announced the final closing of Orangewood Fund II, L.P. (together with its parallel vehicles, the “Fund”) with more than $200 million in equity commitments as well as approximately $100 million in equity across other vehicles. The Fund received support from a diverse range of institutional investors, with more than the two-thirds of the capital raised since March 2020 when COVID-19 caused widespread shutdowns.

Founded in 2015, Orangewood focuses on special situation and growth-oriented private equity transactions in partnership with founder-led businesses, management teams, and entrepreneurs primarily in the non-discretionary healthcare, consumer, and multi-unit sectors. The Fund’s strategy is consistent with Orangewood’s approach of investing in North American private and public companies with $5 million to $25 million+ of EBITDA through control and structured minority investments in its core sectors, which are largely uncorrelated to economic cycles.

“Orangewood has a partnership and value-driven approach to transform lower middle market companies,” said Josh Barenbaum, Partner at Eaton Partners. “The firm’s senior investment team and deep bench of skilled operating partners, combined with its strategic capital and operational expertise, enable Orangewood to facilitate growth and execute operational improvements at each of its portfolio companies.”

“Orangewood’s disciplined and proven investment strategy along with a performing portfolio of assets was in high demand from institutional investors,” added Craig White, Managing Director at Eaton Partners. “It has been our pleasure to partner with the Orangewood team on their fundraise.”

About Eaton Partners

Eaton Partners, a Stifel Company, is one of the world’s leading fund advisory and capital placement agents, having raised more than $114 billion across more than 160 highly differentiated alternative investment funds and offerings. Founded in 1983, Eaton advises and raises institutional capital for investment managers across alternative strategies – private equity, private credit, real assets, real estate, and hedge funds/public market – in both the primary and secondary markets. Eaton Partners maintains offices and operates throughout North America, Europe and Asia.

Eaton Partners is a division of Stifel, Nicolaus & Company, Incorporated, Member SIPC and NYSE. Eaton Partners subsidiary Eaton Partners (U.K.) LLP is authorized and regulated by the Financial Conduct Authority (FCA). Eaton Partners subsidiary Eaton Partners Advisors (HK) Limited is approved as a Type 1-licensed company under the Securities and Futures Commission (SFC) in Hong Kong. Eaton Partners and the Eaton Partners logo are trademarks of Eaton Partners, LLC, a limited liability company. ® Eaton Partners, 2021. For more information, please visit https://eaton-partners.com/.

About Orangewood Partners

Orangewood Partners (“Orangewood”) is a New York-based investment firm with a long-term approach. The firm focuses on special situation and growth-oriented private equity transactions in partnership with founders, owners and management teams, primarily in the non-discretionary healthcare, consumer and multi-unit sectors, which are largely uncorrelated to economic cycles. Orangewood’s senior investment team and deep bench of skilled operating partners, combined with its strategic capital and operational expertise, enable it to facilitate growth and execute operational improvements. Orangewood has more than $500 million of total assets under management. For more information, please visit www.orangewoodpartners.com.

About Stifel

Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners business division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC and Century Securities Associates, Inc. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit https://www.stifel.com/investor-relations/press-releases.

Media Contacts

Neil Shapiro, +1 (212) 271-3447
[email protected]

Jeff Preis, +1 (212) 271-3749
[email protected]



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Domo Expands AWS Relationship

Domo Expands AWS Relationship

New native integration for Amazon Redshift, plus access to 1,000s of data products through AWS Data Exchange, helps customers more easily transform business with modern BI for all

SILICON SLOPES, Utah–(BUSINESS WIRE)–
Today at Domopalooza, Domo (Nasdaq: DOMO) announced deeper support for Amazon Web Services (AWS) to help customers more easily transform their business by leveraging data available from both their Amazon Redshift cloud data warehouse as well as their subscription from AWS Data Exchange.

“AWS has been an incredible collaborator in our mission of helping customers transform business with modern BI for all,” said Jay Heglar, Chief Business Officer, Domo. “Whether working to make machine learning accessible across the enterprise through AutoML, expanding access to third-party data products from AWS Data Exchange, driving value from IoT data, or providing a powerful data engine from which customers can use Domo to put data to work across the enterprise, this relationship helps customers accelerate their digital transformation through better leverage of data.”

Domo’s announcements made today in cooperation with AWS, include the following:

Domo for Amazon Redshift, a new native integration

Domo announced Domo for Amazon Redshift, a new native integration designed to help customers get more value from their investments in AWS’s high-performance cloud data warehouse. Domo for Amazon Redshift goes beyond a federated solution and will allow customers to keep data for analytic workloads directly in Amazon Redshift. With this new offering, customers will be able to retain all the existing logic they’ve already applied to their Amazon Redshift data, while using Domo’s modern BI platform to make it more accessible and actionable for anyone across the business.

“Customers are migrating their on-premise data to Amazon Redshift for its ability to efficiently handle peta-byte scale workloads,” said Catherine Wong, Chief Product Officer and EVP of Engineering, Domo. “We’re thrilled that customers will be able to leverage Amazon Redshift as the analytic engine for modern BI while using Domo’s powerful, yet user-friendly design, to put that data to work across the business.”

Using Domo for Amazon Redshift, customers can read and write directly to Amazon Redshift, create databases, and manage access to databases according to the schema they’ve established. In addition, Domo for Amazon Redshift comes with Domo’s full toolbox of data integration and management capabilities to ensure data is not only accessible, but properly governed to give BI and data professionals the confidence they need to unleash data across and beyond their organization through Domo solutions like intelligent apps and Domo Everywhere.

“We use Amazon Redshift to expedite analysisand innovate faster. This new native integration with Domo will allow our entire organization to leverage that data with even more agility to understand opportunities to deliver better customer experiences,” said Albert Mangahas, Senior Vice President of Data, Turo.

To learn more about Domo’s multi-cloud data offering, also announced today, visit here.

Domo and AWS Data Exchange Make Thousands of Data Products Easily Accessible for Modern BI

Domo also announced today full integrated product listings for more than 3,000 data products from AWS Data Exchange in the Domo Appstore, that can be brought into Domo and leveraged with other business data to help anyone make better decisions and take actions to drive their business forward. In addition, Domo in collaboration with AWS are making fully interactive, pre-built dashboard stories available to make it easier for anyone to explore that data, and they are also providing a credit for any new Domo customer who tries out an AWS Data Exchange listing in Domo.

“Having access to third-party data encourages data curiosity and helps business decision makers everywhere ask better questions that can transform their business,” said Vita Shannon, Vice President of Ecosystem, Domo. “AWS Data Exchange is the most robust resource for third-party data products and we’re thrilled to make these easily available to Domo customers through this collaboration.”

“We’re excited about our latest collaboration with Domo that allows customers to deliver modern BI for all by creating easier access to thousands of data sources right from Domo. Together, we’re unlocking the ability to find new data sources, visualize them alongside your own data, and make smarter decisions faster,” said Stephen Orban, General Manager of AWS Data Exchange, AWS.

“Access to third-party data empowers organizations to ask powerful questions about their business and discover new ways to operate and innovate. We’re excited to work with both Domo and AWS to make SafeGraph data accessible to all, and look forward to seeing what insights users can unlock with location data,” said Auren Hoffman, CEO, SafeGraph.

To learn more, visit here.

Domo and Amazon SageMaker Make Machine Learning Accessible Across the Enterprise

Also, at Domopalooza, Domo and AWS shared how Freddy’s Frozen Custard & Steakburgers, a 400-location fast casual restaurant chain, is using data science to quickly drive more value from the data it has in Domo and find a better way to evaluate the quality of its restaurants. Since becoming generally available, Domo AutoML, powered by Amazon SageMaker Autopilot, is helping Freddy’s deploy machine learning models to predict staffing fluctuations and save money. With Domo AutoML, this process of applying data models which would have previously taken months to deploy, took only a couple of weeks and supported datasets that were five times what they could have worked with before.

“The integration between Domo and Amazon SageMaker lowers the barrier of entry for ML, so customers can quickly explore a variety of predictive opportunities on their growing data sets, faster than ever before,” said Wong.

In related news, Domo has achieved the AWS Machine Learning Competency designation in the Applied AI category, which was announced earlier this month. This recognition identifies and validates AWS Partners in the AWS Partner Network (APN) that create value on top of AWS services to solve specific customer needs. The Applied AI category, in which Domo was named, benefits customers who seek domain-specific turnkey AI/ML solutions.

For more information, visit the AWS Machine Learning Competency blog, here.

About Domo

Domo is the Business Cloud, empowering organizations of all sizes with BI leverage at cloud scale, in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on-the-fly, in minutes or seconds, at unbelievable scale. For more information about how Domo (Nasdaq: DOMO) helps its customers go fast, go big and go bold, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.

This press release contains forward-looking statements as defined within the meaning of the U.S. federal securities laws, including statements regarding the intended functionality of, and results and benefits from, using Domo for Amazon Redshift, the expected increased utilization by Domo customers of the Domo platform, the expected migration of customer data to Amazon Redshift, empowerment of Domo customers to monetize, share, and otherwise better leverage their data, and related anticipated results. These statements are based on information, expectations and assumptions as of the time of this press release with respect to future events and business performance and are subject to risks and uncertainties that may cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including but not limited to the risks set forth in our most recent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K, and our other filings with the U.S. Securities and Exchange Commission. Forward-looking statements should not be read as a guarantee of future performance or results, and they will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Domo, Domopalooza and Domo is the Business Cloud are registered trademarks of Domo, Inc.

Julie Kehoe

[email protected]

KEYWORDS: Utah United States North America

INDUSTRY KEYWORDS: Software Technology Internet Data Management

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Domo Introduces Industry’s First Multi-Cloud Data Offering for Modern BI

Domo Introduces Industry’s First Multi-Cloud Data Offering for Modern BI

The resulting fabric provides the agility customers need to leverage all of their cloud data platforms, putting data to work from right where it lives

SILICON SLOPES, Utah–(BUSINESS WIRE)–
Today at Domopalooza, Domo (Nasdaq: DOMO) introduced the Industry’s first multi-cloud data offering for modern BI, giving business decision makers a single interface from which they can leverage data across multiple cloud data platforms, without ever having to worry where the data is coming from or what tools they must use to access it.

This new offering will help customers overcome the challenges of data access and agility in today’s complex modern IT environments, in which new data sources are regularly being introduced and added, while the need for real-time actionable insights remains imperative for business decision makers everywhere.

“Just like Amazon changed the shopping experience by giving consumers the ability to access any product from any vendor through one portal, Domo is giving business decision makers one single interface from which they can seamlessly access and leverage data from any of their cloud data platforms, regardless of where the data actually resides,” said Josh James, Founder and CEO, Domo.

Through 2022, more than one-half of organizations will migrate on-premises workloads to cloud data platforms, shifting focus to solving business needs rather than maintaining systems, according to Ventana Research.

Dave Menninger, SVP and Research Director, Ventana Research said, “Data is only useful if you can take action on it to improve business outcomes, and as organizations continue to invest in cloud for speed and flexibility, they must also invest in the technology to more effectively utilize the data in these cloud platforms. Domo’s approach, including its native integrations to Snowflake and Amazon Redshift, is designed to streamline the time-consuming processes of onboarding and managing data, helping IT leaders more efficiently serve the business with data.”

At the heart of this offering is Domo’s ability to take all of the cloud data warehouse investments that customers have made, including data models, permissions and tuning – and use the core power of Adrenaline, Domo’s query engine, data store and transformation engine, to put that data to work. This foundation leverages Domo’s unified governance, data models, and search to make it easier for IT and data leaders to have visibility and manage these disparate data sources, no matter where they reside.

This foundation then powers The Business Cloud™ experiences, dashboards, stories, intelligent apps, embedded analytics, and alerts that are inherent in Domo’s modern BI platform to accelerate the rate at which companies can confidently get actionable insights into the hands of decision makers everywhere.

“Dissolving the boundaries of data silos and making it easy to leverage data is something Domo does exceptionally well. With our multi-cloud data fabric capabilities, we are making it even easier for customers to achieve modern BI for all and accelerate the speed of business transformation,” added James.

Today Domo also announced Domo for Amazon Redshift, which is the second native integration to a cloud data platform that makes it easier for customers to leverage that data across the organization.

For more information on Domo, visit here.

About Domo

Domo is the Business Cloud, empowering organizations of all sizes with BI leverage at cloud scale, in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on-the-fly, in minutes or seconds, at unbelievable scale. For more information about how Domo (Nasdaq: DOMO) helps its customers go fast, go big and go bold, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.

This press release contains forward-looking statements as defined within the meaning of the U.S. federal securities laws, including statements regarding the results and benefits from using Domo for Amazon Redshift, empowerment of Domo customers to monetize, share, and otherwise better leverage their data, and related anticipated results. These statements are based on information, expectations and assumptions as of the time of this press release with respect to future events and business performance and are subject to risks and uncertainties that may cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including but not limited to the risks set forth in our most recent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K, and our other filings with the U.S. Securities and Exchange Commission. Forward-looking statements should not be read as a guarantee of future performance or results, and they will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Domo, Domopalooza and Domo is the Business Cloud are registered trademarks of Domo, Inc.

Julie Kehoe

[email protected]

KEYWORDS: United States North America Utah

INDUSTRY KEYWORDS: Software Technology Other Technology Data Management

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ROOT, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP notifies investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of Ohio against Root, Inc.

LEAD PLAINTIFF DEADLINE IS MAY 18, 2021

NEW YORK, March 24, 2021 (GLOBE NEWSWIRE) — Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of Ohio on behalf of investors that purchased Root, Inc. (NASDAQ: ROOT) securities between October 28, 2020 and March 8, 2021, both dates inclusive (the “Class Period”); and/or Root Class A common stock pursuant and/or traceable to the offering documents issued in connection with the Company’s initial public offering conducted on or about October 28, 2020 (the “IPO” or “Offering”).

All investors who purchased shares of
and incurred losses are urged to contact the firm immediately at

[email protected]

or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or

join the case

on our website,

www.whafh.com

.

If you have incurred losses in the shares of Root, Inc., you may,no later than May 18, 2021, request that the Court appoint you lead plaintiff of the proposed class.   Please contact Wolf Haldenstein to learn more about your rights as an investor in the shares of Root, Inc.

CLICK HERE TO JOIN CASE

On October 5, 2020, Root filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) in connection with the IPO, which, after several amendments, was declared
effective on October 27, 2020 (the “Registration Statement”). On October 28, 2020, Root’s underwriters conducted the IPO, selling 26.8 million shares of the Company’s Class A common stock to the public at $27.00 per share for total approximate proceeds of $725 million.

On this news, Root’s stock price fell $0.18 per share, or 1.46%, to close at $12.17 per share on March 9, 2021, representing a total decline of 54.93% from the Offering price.

Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at [email protected], or visit our website at www.whafh.com.

Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: [email protected], [email protected] or [email protected]
Tel: (800) 575-0735 or (212) 545-4774

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.



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mdf commerce becomes an AWS Public Sector Partner

mdf commerce delivers a leading cloud-based infrastructure for its Strategic Sourcing solution BidNet Direct

MONTREAL, March 24, 2021 (GLOBE NEWSWIRE) — mdf commerce inc. (TSX:MDF), a leader in SaaS commerce technology solutions, announced today it has obtained the AWS Public Sector Partner designation for its Strategic Sourcing solution BidNet Direct for successfully migrating to the Amazon Web Services (AWS) cloud. The AWS Public Sector Partner Program designation helps mdf commerce to better serve the evolving needs of clients in the public sector and is fully aligned with the company’s vision of driving innovative digital solutions in the strategic sourcing industry, such as paperless procurement processes, more user-friendly platforms and personalized online experiences.

To join the AWS Partner Network (APN), mdf commerce had to showcase unique solutions delivered to public sector partners using AWS services. This ensures that solutions provided to BidNet Direct users are secure and reliable while complying with local legislation and regulations regarding data residency and security. Migrating to the AWS cloud also boosts the Strategic Sourcing platform’s capacity to scale in the American market.

“This recognition highlights the strong commitment of mdf commerce to deliver unique requirements to meet high reliability and security standards for public sector clients across the United States. We are living in an era where reliability and security of public data are more important than ever. This AWS Public Sector Partner designation is a testament to our continuous efforts to ensure security and localized data storage through the AWS Cloud infrastructure and services,” said Camil Rousseau, Chief Technology Officer at mdf commerce.

“The AWS Public Sector Partner Program allows mdf commerce to create new opportunities and partnerships with public sector clients in a dynamic strategic sourcing environment that is more active than ever,” added Camil Rousseau.

To learn more about how BidNet Direct has improved technical competency in the public sector via AWS, click here.

About mdf commerce inc.

mdf commerce inc. (TSX:MDF) enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Our platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. Our strategic sourcing, unified commerce and eMarketplace platforms are supported by a strong and dedicated team of more than 600 employees based in Canada, the United States, Denmark, Ukraine and China. For more information, please visit us at mdfcommerce.com, follow us on LinkedIn or call at 1-877-677-9088.

For further information:

mdf commerce

André Leblanc
Vice President, Marketing and Public Affairs
Phone: +1 (514) 961-0882
Email: [email protected]



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Appliqate’s Hybrid event company ELEV8 Dives into The Future of Digital Assets with Michael Terpin, CEO of Transform group

Sheridan, Wyoming, March 24, 2021 (GLOBE NEWSWIRE) — Appliqate Inc. (OTC: APQT) recently acquired company, ELEV8, sits down with Michael Terpin, CEO of Transform Group and Managing Director of Transform Ventures, to discuss the Future of Digital Assets.

ELEV8’s Chairman and Co-Founder Todd Brockman caught up with Michael Terpin, the CEO of Transform Group, the leading advisory and PR firm for the blockchain industry. Terpin shared his thoughts on the current climate in the Digital asset world and what the future may hold.

On Tesla’s recent purchase of $1.5 billion in bitcoin, and plans to accept it as payment, Brockman raised the question of how the Musk Factor impacts the digital asset market. Terpin’s opinion was that the impact was “Huge. It makes bitcoin more functional than gold and safe.” Tesla’s move into bitcoin represents an investment of a significant percentage of its cash in the investment. According to its most recent filing, the company had more than $19 billion in cash and cash equivalents on hand at the end of 2020.

Decentralized finance has grown from 100 million dollars in late 2019 to nearly 80 billion today. Brockman asked, “why are you so focused on defi now?” Terpin references many events that happen when other countries have debased their economies. He says that “there are a lot of people thinking it’s going to happen to the United States.” In his opinion, the belief that the United States can keep printing money is foolish. It doesn’t mean the dollar will disappear, but according to Terpin, he does believe it will lose “purchasing power.” Which leads to the interest in defi.

“Imagine when the rest of the world is not even interested in Bitcoin and realizes that they are able to make 10%,15%, 20% percent interest on their money,” said Michael Terpin, CEO, Transform group. Terpin is currently working on a book called “Pandoras Blocks” soon to be released. Terpins price predictions for 2021 for Bitcoin are $100,000 by end of year and Ethereum are $3,000 by end of year. Terpin further elaborated that most critics of cryptocurrencies don’t actually own them. Listen to the virtual interview at https://www.elev8con.com/digital-webinars/

“With the digital asset and blockchain community continuing to demonstrate impactful results, there is a great need to continue educating investors and other markets. ELEV8 convenes organizations that will share how they are successfully solving major challenges by leveraging emerging applications and building the financial infrastructure of the future,” said Todd Brockman, Co-Founder, ELEV8. Additionally, Brockman said, “Invest at your own risk.” He mentioned Brock Pierce, who appeared in an interview with Maria Bartiromo on Fox News, and Brock said, “Invest in Yourself” Brockman adds:” Cryptocurrencies are very risky, do your due diligence, and ELEV8 is not a financial advisor.”

About ELEV8

ELEV8’s vision is that emerging new technologies such as digital assets, cryptocurrencies, AI, and blockchain create a more interconnected economic global ecosystem, working to eliminate barriers to growth and creating increased value for stakeholders across all industries. We believe future technologies will serve as the foundation for new economic systems which are more efficient, open, and accessible. We believe future technologies will serve as the foundation for new economic systems which are more efficient, open, and accessible. Our mission is to enable that progress with industry research, distribution of the most current news and by hosting industry events that convene executives at the forefront of shaping the future of emerging technology. Our platform is home to the world’s leading tech experts; we collaborate with industry stakeholders across vertical markets and openly share insight. ELEV8 is at the forefront of shaping the future. View ELEV8’s research & industry content here: https://www.elev8con.com/industry-content/

About Appliqate Inc: Appliqate Inc is a publicly-traded technology development firm that provides businesses, executives and investors access to capital and innovative solutions by utilizing platforms and business models to disrupt industry sectors. With an emphasis on media, blockchain, live entertainment, and intellectual property, the company accelerates the growth of tech solutions in these markets. Appliqate’s management team represents a unique combination of technology development, operating, investing, financial and transactional expertise.

Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as “may”, “will”, “to”, “plan”, “expect”, “believe”, “anticipate”, “intend”, “could”, “would”, “estimate,” or “continue”, or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risk, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date hereof. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the SEC including the Current Reports on Form 8-K and the Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. Except as required by law, we assume no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For more information contact:
Una Taylor: [email protected]
Inquiries: [email protected]
305-507-3335 | www.appliqate.com



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Video River Networks Signs Letter of intent to Form a Joint Venture with Lingstar Co. for Electric Vehicles Designing, Manufacturing and Distribution; and

Video River Networks Has Appointed Ms. Perpetual Emeana and Bishop Christopher E. Milton to Board of Directors

Torrance, CA, March 24, 2021 (GLOBE NEWSWIRE) — Video River Networks, Inc. (OTCMKT: NIHK), an Electric Vehicles and Battery Technology holding company, yesterday announced that it has entered into a non-binding letter of intent to form a Joint Venture, with Lingstar Co. (“Lingstar”), a Xian, Shaanxi, China company, for the purpose of engaging in the sourcing, designing, developing, manufacturing and distribution of high-performance, affordable and fully electric vehicles in North America, Asia and Africa.

The proposed transaction calls for NIHK and Lingstar to form a new company (the “Joint Venture”, “JV”) under the Chinese law which will be qualified to transact business generally (but will focus on sourcing, designing, developing, manufacturing and distribution of high-performance, affordable and fully electric vehicles) in China, North America and West Africa. The China-based Joint-Venture will be funded initially by NIHK with a contribution enough to facilitate the processing of the business registration and obtaining all necessary licenses to conduct the business of sourcing, designing, developing, manufacturing in exchange for 51% ownership of the Joint Venture.

It also calls for NIHK to commence, as soon as possible, the selling shares of its Special Purpose Acquisition Class (SPAC) for initial $10 million.

Franklin Igwealor, CEO of Video River Networks stated, “The Lingstar JV provides an outstanding opportunity to tap from one of the fastest growing global Electric Vehicles market, China. Marrying available knowhow from China with our future US based Machine learning and Artificial Intelligence powered platform to produce superior technology Electric Vehicles at an affordable pricing. In addition, we will have new global customers from North and South America and West Africa. The need for objectivity informed our choice of Langstar Co., an Electric Vehicles trading company that has significant equity interest in three China based Electric Vehicles manufacturers was based on our need for some level of independence on the JV partner for product selection based purely on QUALITY AND AFFORDABILITY.

Video River Networks, Inc. today announced that Ms. Perpetual Emeana and Bishop Christopher E. Milton have been appointed as independent members of its Board of Directors, effective March 23, 2021. Ms. Perpetual Emeana and Bishop Christopher E. Milton will join Frank on the Audit Committee and also serve alongside him and Ms. Patience C Ogbozor on our Board of Directors. Bishop Christopher E. Milton becomes the chair of the audit committee.

“I am pleased to welcome Ms. Emana and Bishop Milton to the Board of Directors,” said Frank I Igwealor, President and CEO of Video River Networks. “Their extensive experience working with finance, human behaviors, objectivity, negotiating skills and capacities, from management and corporate governance to finance and operations, will be invaluable to the Company as we continue to execute on our strategy for long term shareholder value creation. We look forward to their immediate contribution as we expand our footprint into Electric Vehicles and Battery Technology.”

The appointment of Ms. Perpetual Emeana and Bishop Christopher E. Milton, as independent directors, helps the Company to overcome the last hurdle for the Company to qualify to apply for OTCQB up-listing.

About Video River Networks, Inc.

Video River Networks, Inc. is an Electric Vehicles and Battery Technology holding company that operates and manages a portfolio of Electric Vehicles, Artificial Intelligence, Machine Learning and Robotics (“EV-AI-ML-R”) assets, businesses and operations in North America. The Company’s current and target portfolio businesses and assets include operations that design, develop, manufacture and sell high-performance fully electric vehicles and design, manufacture, install and sell Power Controls, Battery Technology, Wireless Technology, and Residential utility meters and remote, mission-critical devices mostly engineered through Artificial Intelligence, Machine Learning and Robotic technologies NIHK’s current technology-focused business model is a result of our board resolution on September 15, 2020 to spin-in/off our specialty real estate holding business to an operating subsidiary and then pivot back to being a technology company. The Company has now returned back to its original technology-focused businesses of Power Controls, Battery Technology, Wireless Technology, and Residential utility meters and remote, mission-critical devices.

About Lingstar Co.

Lingstar Company was founded in 2014, and is mostly involved in supplying new energy vehicles to markets outside the Peoples Republic of China. Lingstar has over 20 models of Electric Vehicles covering low speed, middle speed and high speed, including types of Sedan, hatchback, mini car, pickup, scooter and bus. Lingstar electric vehicles comprises of 20 models from eight manufacturers from different places of China. Lingstar has equity interest in 3 of the Electric Vehicle manufacturers. Lingstar sales network is spread into over 20 countries throughout Europe, Africa, Asia, and South America.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words “may,” “will,” “should,” “plans,” “expects,” “anticipates,” “continue,” “estimates,” “projects,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company’s ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company’s control.

CONTACT:

Video River Networks, Inc.
370 Amapola Ave., Suite 200A
Torrance, CA 90501
[email protected]



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TODAY: ECU//LAV Action Fund President Tiffany Muller Testifies at Senate Hearing on For the People Act (S. 1)

“The American people deserve to know who is trying to influence their vote and their representatives in government”

Washington, DC, March 24, 2021 (GLOBE NEWSWIRE) — Today, Tiffany Muller, President of End Citizens United // Let America Vote Action Fund, will testify at the Senate Rules Committee hearing on the For the People Act (S. 1/H.R. 1). 

With significant voter suppression efforts underway – paid for by dark money groups – in states across the country, Muller’s testimony will focus on the urgency of passing the For the People Act to protect voting rights, get dark money out of politics, crack down on corruption and implement voting and ethics reforms. 

In her testimony, available here, Tiffany Muller will say: “The American people deserve to know who is trying to influence their vote and their representatives in government. Not only are these dark money forces preventing progress on important policy issues, but they have launched an assault on the right to vote with an intensity not seen since the Jim Crow era. 

“In the run up to the 2020 election, dark money groups funded dozens of lawsuits across the country, attempting to disenfranchise millions of Americans. After the election, they spent millions more to spread the “Big Lie” about fraud and that the election had been stolen. Now, they are funding an unprecedented attack on voting rights at the state level. This all underscores the urgent need to pass the For the People Act – and to pass it quickly.”

Introduced in the Senate last week, the For the People Act has become a centerpiece of the Democratic agenda in Congress following the 2018 and 2020 elections when Democrats took and held the House and won back the Senate running on a platform of cleaning up corruption and unrigging the system in Washington. A wave of Republican-led voter suppression bills across the country designed to help the party hold onto power has increased the urgency to pass the bill quickly. 

ECU // LAV Action Fund is leading the charge to pass the For the People Act (S. 1), a package of anti-corruption, voting and ethics reforms. The organization is working with elected officials to make pro-democracy reforms a top priority and encouraging Americans to demand that their congressional representatives pass the bill.

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Bawadden Sayed
End Citizens United // Let America Vote Action Fund
[email protected]

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GL announces Ethernet/IP Testing for LANs and WANs

GAITHERSBURG, Md., March 24, 2021 (GLOBE NEWSWIRE) — GL Communications Inc., a global leader in telecom test and measurement solutions, addressed the press regarding their PC-based Ethernet/IP test tool, called PacketCheck™. A powerful and cost-effective, real-time test, and monitoring solution for LANs and WANs.

[See the complete illustration here: https://www.gl.com/images/Newsletter/packetcheck-wan-lan-tester.jpg]

[See the product announcement newsletter: https://www.gl.com/newsletter/ethernetIP-testing-for-lans-and-wans-newsletter.html]

“PacketCheck™ is a PC-based Ethernet / IP test tool that is powerful and cost-effective. It can be an invaluable tool to test and verify LANs and WANs. The application supports Ethernet testing at all protocol layers – from raw Ethernet frames to stacked VLAN, stacked MPLS, and IP packets with UDP payloads. PacketCheck™ uses the PC’s network interface card (NIC) to transmit and receive Ethernet or IP packets over LANs and WANs,” said Vijay Kulkarni CEO of GL Communications.

He further added, “additional features include traffic simulation by the transmission of pre-recorded files, GTP traffic simulation, and traffic generation with IFG (Inter Frame Gap) of up to 5-millisecond accuracy. BER testing capability with PRBS patterns or user-defined test patterns.”

Important features of PacketCheck™

  • Generate/receive Ethernet or IP traffic of up to 800 Mbps bandwidth
  • Supports minimum line rate of 64 bps
  • Generates full-duplex Ethernet, IP, or UDP traffic to Tx and/or Rx traffic on any layer (Layer 1, Data Link with stacked VLAN/ MPLS, Network, Transport) with on-demand bandwidth
  • Supports stacked VLAN (up to 3 stacks) and customizable stacked MPLS (up to 3 stacks)
  • Measures throughput, round trip delay, one-way delay, total packets, packet loss, out of sequence frames, error frames, correct pattern frames
  • BER Testing – bit error rate, sync loss count, bit error count, PRBS pattern generation/verification of various patterns like QRSS, 26-1, 29-1, 211-1, 215-1, 220-1, and 223-1
  • Generate run-time impairments including the ability to insert or delete bytes, and byte-level impairments (AND, OR, XOR)
  • Supports Jumbo frames in addition to all normal frame sizes (64 bytes to 1518 bytes)
  • Displays stream-wise and aggregated statistics
  • Create test reports in XML or PDF formats

About GL Communications Inc.,

GL Communications Inc is a global provider of test and measurement solutions and works with major telecom equipment vendors, service providers, and system integrators to meet the testing requirements arising at various stages of the telecom products development life cycle.

GL offers a broad set of test solutions that perform all types of testing on networks, from initial system design to fine-tuning, troubleshooting, live deployment, and monitoring. The products are widely used to verify and ensure the quality and reliability of Wireless (5G, 4G LTE, 3G, 2G), SONET/SDH, IP, TDM, and PSTN networks.

GL core product development is backed by a strong team of R&D experts to match evolving market and technical challenges in the most cost-effective and innovative way.

Contact:
Shelley Sharma
Phone: 301-670-4784
E-mail: [email protected]

Media Contact: [email protected]