Viasat First-to-Certify its High-Speed Network Encryption Device with the New National Security Agency Cryptographic Interoperability Standard

PR Newswire

CARLSBAD, Calif., Feb. 17, 2021 /PRNewswire/ — Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced its recently upgraded high-speed network encryptor, the Viasat KG-142, is the first device certified and fielded to meet a new, critical National Security Agency (NSA) standard—the Ethernet Data Encryptor Cryptographic Interoperability Specification (EDE-CIS).

The KG-142 encryptor is the first Type 1 MACsec 200 Gbps (aggregate) Ethernet encryptor to protect any classification of data up to Top Secret/Sensitive Compartmentalized Information (TS/SCI) where very high-bandwidth and low latency are critical—such as cloud computing, transport networks, big data processing and archive/disaster recovery. The device is available in 20/40/80/200 Gbps aggregate speed configurations, and is able to deliver reliable, network-efficient protection for Layer 2 Ethernet communications.

Network encryption is essential in protecting the integrity of sensitive information transported by our U.S. government, military and Five Eye (FVEY) coalition forces. As mission-critical applications—such as machine learning and artificial intelligence—migrate to cloud-centric networks, they will require more bandwidth, better processing speeds and greater network encryption with advanced security features,” said Ken Peterman, president, Government Systems, Viasat. “Combining decades of experience protecting classified government data with proven innovation in broadband networking, Viasat’s KG-142 encryptor sets the new standard in delivering high-availability security to protect the integrity of applications from cyber threats associated with the evolving cloud-based battlespace.”

Delivering more advanced cryptographic capabilities
The EDE-CIS-compliant KG-142 now offers built-in modern and advanced cybersecurity protection through Advanced Cryptographic Capability (ACC) compatibility. This upgrade also provides optional access to NSA’s Key Management Infrastructure (KMI), to help end-users defend against advanced cyber threats by supporting multiple KMI keying options, which provides improved device management, monitoring and status reporting.

The KG-142 encryptor also conforms to NSA Ethernet Security Specification (ESS) and IEEE Std 802.1AE MACsec to ensure backward interoperability across government networks.

10x faster data processing
With more data processing, storage and domain information shifting to cloud-based networks, network managers must upgrade their transport systems from slower Layer 3 networks using HAIPE (High Assurance Internet Protocol Encryptor) Type 1 encryption devices to higher bandwidth Layer 2 networks using EDE devices.

HAIPE devices are only able to reach 20 Gbps aggregate throughput. The upgraded KG-142 EDE gives high-speed cloud and transport network operators greater throughput support by operating at multiple speeds, 20 Gbps to 200 Gbps (aggregate)—making the processing power of the new KG-142 encryptor 10 times faster than the fastest HAIPE encryptor available today.

Availability
Viasat’s KG-142 device, is available for purchase today in 20/40/80/200Gbps aggregate speed configurations. More information on the KG-142, can be found here.

About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 30 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people’s lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat’s Corporate Blog, or follow the Company on social media at: FacebookInstagramLinkedInTwitter or YouTube.

Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward looking statements include statements about Viasat’s KG-142 network encryptor, inclusive of meeting new critical security-focused industry standards, data processing speeds and other cryptographic capabilities. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and increased competition and other factors affecting the industry generally. In addition, please refer to the risk factors contained in Viasat’s SEC filings available at www.sec.gov, including Viasat’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.

Copyright © 2021 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

 

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SOURCE Viasat, Inc.

Performive Selects GTT DDoS Mitigation Service to Enhance Network Security

PR Newswire

MCLEAN, Va., Feb. 17, 2021 /PRNewswire/ — GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider to multinational clients, announced today that Performive, a leading managed multi-cloud provider serving the midmarket, has selected GTT DDoS Mitigation Service to enhance the security capabilities of its network to protect against DDoS (distributed denial of service) attacks. GTT currently provides IP transit services to Performive, ranging in speed from 10 to 100 Gbps, that connect cloud and data center facilities in 16 cities in North America and Europe. 

GTT’s always-on, proactive DDoS mitigation service, which leverages Corero Network Security’s next generation DDoS platform technology, coupled with GTT’s global Tier 1 internet network, operates within the network core to detect and filter out malicious traffic and complex threats in real time for automated redirecting to regional-based scrubbing facilities. In parallel, legitimate traffic is able to pass through uninterrupted, resulting in optimized low latency network performance. As a global Tier 1 internet service provider, GTT reinforces its DDoS mitigation capabilities with threat intelligence techniques that constantly monitor the larger internet for the latest DDoS tactics and emerging attacks, assuring comprehensive protection of the network perimeter.


Industry estimates
 indicate that DDoS attacks ranging in size from 10 to 100 Gbps increased by 50% in 2020. The average cost of a DDoS attack is approximately $218,000, which amounts to $10 billion in the United States in one year.

“The ability of GTT’s DDoS Mitigation solution to immediately detect and remove malicious traffic assures the protection of our vital data resources and continuity of our cloud operation which rely heavily on the integrity of the network,” stated Ryan DiRocco, Chief Technology Officer at Performive. “GTT’s state-of-the-art DDoS mitigation techniques, combined with its Tier 1 internet operational experience, give us peace of mind that our network is protected from malicious actors and performs to the industry’s highest standards.” 

“We are pleased to expand our long-standing partnership with Performive with the addition of GTT’s DDoS mitigation service,” stated Rich Modica, GTT Senior Vice President for Carrier Services. “Providing the most complete network security protections to our clients is a priority for us as we understand the potential business impacts from any sort of security breach.”    

About GTT

GTT connects people across organizations, around the world and to every application in the cloud. Our clients benefit from an outstanding service experience built on our core values of simplicity, speed and agility. GTT owns and operates a global Tier 1 internet network and provides a comprehensive suite of cloud networking services. For more information on GTT (NYSE: GTT), please visit www.gtt.net.

About Performive

Performive is the first hyper-converged, managed multi-cloud provider specifically built to serve the mid-market. We feature VMware-based cloud solutions, along with on-demand expert engineering resources and 24/7/365 Devoted Customer Support available in over 20 locations across the globe. For more information on Performive, please visit www.performive.com


GTT Media Inquiries:


Rebecca Emery, LEWIS
+44-207-802-2626
[email protected]


GTT Investor Relations:


Carolyn Capaccio/Jody Burfening, LHA
+1-212-838-3777
[email protected]

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SOURCE GTT Communications, Inc.

Dalrada Financial Corporation Appoints Tom Giles to Board of Directors

PR Newswire

SAN DIEGO, Feb. 17, 2021 /PRNewswire/ — Dalrada Financial Corp. (OTCQB: DFCO, “Dalrada”) is pleased to announce to its shareholders and the public that Mr. Tom Giles was appointed to Dalrada’s Board of Directors. Mr. Giles’ executive management leadership includes technology and healthcare industries with a focus on artificial intelligence (AI) and machine learning (ML) to reduce time and expense to market. Mr. Giles’ accomplishments include raising more than $200 million in capital for startups and venture funds in addition to building strategic partnerships with some of the largest global companies including IBM, GE, Accenture, T-Mobile, and DST. He has held industry lead and advisory roles in early-stage ventures and incubators.

Mr. Giles’ has raised $200 million in capital for startups and built partnerships with IBM, GE, Accenture, and T-Mobile.

Brian Bonar, CEO of Dalrada states, “We are extremely fortunate to have Mr. Giles join Dalrada’s Board. His guidance is focused furthering on Dalrada’s technology and clean energy initiatives. Aided by his industry experience and vast network of global contacts, Dalrada anticipates accelerated domestic and international growth in technology and clean energy sectors.”

During his career, Mr. Giles has aided more than 20 companies with building business plans, identifying customer targets, raising capital, creating corporate sponsorships, and hiring executive management and sales teams. He presides on multiple Boards in the technology sector. Mr. Giles holds a Business degree from San Diego State University.

Dalrada’s impressive Board of Directors continues to assemble world leaders with extensive backgrounds in science, engineering, technology, clean energy, sustainability, and healthcare. This group of proven industry leaders are collectively responsible for the creation and implementation of breakthrough health and wellness modalities, sustainable environment initiatives, and significant business advances worldwide. Their collective guidance aids with speed of implementation of Dalrada’s mission to solve real-world problems. Dalrada’s Board of Directors is now composed of:

For additional information, visit https://dalrada.com 

About Dalrada (DFCO)

Dalrada Financial Corp. (OTCQB: DFCO, “Dalrada”) solves real-world problems by producing innovation-focused and technologically centered solutions on a global level. Delivering next-generation manufacturing, engineering, and healthcare products and services designed to propel growth, Dalrada is a team of industry experts and an organization built upon a strong foundation of financial capital. The Company and its subsidiaries are positioned for stable long-term growth through intelligent market research, sound business acumen, and established operational infrastructure. For more information, visit www.dalrada.com or call 1-858-283-1253.

Disclaimer

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management’s current views, are based on certain assumptions, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the U.S. Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K. 

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SOURCE Dalrada Financial Corp.

Graphic Packaging Announces New Board Member

PR Newswire

ATLANTA, Feb. 17, 2021 /PRNewswire/ — Graphic Packaging Holding Company (NYSE: GPK) announced today that Mary K. Rhinehart has joined its board of directors, effective February 16. In her more than four-decade career with Johns Manville (JM), a leading manufacturer of premium-quality building and specialty products, Ms. Rhinehart held various executive roles and continues to serve as Chairman of the company. She served as President and CEO from 2012 to 2020, after serving as CFO for eight years. She has been Chairman since 2014.

Ms. Rhinehart also held leadership roles at JM in global treasury, global supply chain, human resources and strategic business development, as well as managing several of the company’s businesses.

Graphic Packaging’s Chairman, Phil Martens, commented, “Mary is an accomplished executive who guided a complex global company to leadership positions in all of the key markets that it serves. We are pleased to welcome Mary to our board, and we believe her expertise will add value to Graphic Packaging.”

Michael Doss, President and CEO of Graphic Packaging, added, “The depth of knowledge that Mary brings to the board will provide critical guidance as we work toward achieving our Vision 2025 and embodying an inclusive growth culture here at Graphic Packaging.”  

Ms. Rhinehart currently serves as a non-executive director for CRH, a global leader in building materials. In addition, she is a member of the Executive Committee for the Policy Advisory Board of the Harvard Joint Center for Housing Studies; University of Denver Board of Trustees; International Women’s Forum; and The Colorado Forum.

About Graphic Packaging Holding Company

Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, is committed to providing consumer packaging that makes a world of difference. The Company is a leading provider of sustainable paper-based packaging solutions for a wide variety of products to food, beverage, foodservice, and other consumer products companies. The Company operates on a global basis, is one of the largest producers of folding cartons and paper-based foodservice products in the United States, and holds leading market positions in coated recycled paperboard, coated unbleached kraft paperboard and solid bleached sulfate paperboard. The Company’s customers include many of the world’s most widely-recognized companies and brands. Additional information about Graphic Packaging, its business and its products is available on the Company’s web site at www.graphicpkg.com.

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SOURCE Graphic Packaging Holding Company

PSEG Announces Retirement of Joe Forline, Vice President of Gas Operations, PSE&G

PSEG Fossil’s Brian Clark to Transition to PSE&G

PR Newswire

NEWARK, N.J., Feb. 17, 2021 /PRNewswire/ — PSEG announced today that Joe Forline, vice president of Gas Operations, plans to retire from PSE&G on March 5 and has accepted a position at Pacific Gas & Electric. Brian Clark, senior vice president of Fossil Operations, PSEG Power, will replace Forline and will lead Gas Operations. Clark’s role will become effective once PSEG’s Strategic Alternatives process has concluded, which is anticipated by the end of 2021.

“Innovation and growth mark Joe’s career as much his leadership and hard work,” PSEG Chief Operating Officer Ralph LaRossa said. “Joe leaves a legacy of true dedication to serving our customers and enhancing their lives.”

Forline worked for PSE&G for 35 years in electric and gas operations, customer operations, and beyond-the-meter services, including the growth of PSE&G’s WorryFree appliance service business.

Clark has been with PSEG for 22 years and has held several leadership roles throughout the Fossil and Nuclear organizations, with oversight of operations, construction and finance, among other organizations. Additionally, he led PSEG’s Procurement organization, enabling him to integrate his business unit experience with this critical support function. Upon assumption of his Gas Operations responsibilities, Clark will report to PSE&G Senior Vice President and Chief Operating Officer, Kim Hanemann.

In the interim, as the Strategic Alternatives process is completed, Mike Gaffney, senior director for the Gas System Modernization Program (GSMP), will step in to oversee Gas Operations and will report into Kim Hanemann. Since joining PSE&G in 1986 as an engineering technician, Mike has advanced within PSE&G in a variety of management positions in the utility’s gas and electric operations. Mike’s experience across the PSE&G organization will make for a seamless hand-off within Gas Operations.

“I want to thank Joe for his many contributions to the company and wish him all the best in retirement and future endeavors with PG&E,” LaRossa said. “And I want to thank Brian for his leadership to date and congratulate him on his new role with PSE&G. As our company continues to evolve, we are pleased to utilize and deploy our exceptional internal talent when opportunities arise.”

Public Service Enterprise Group Inc. (PSEG) (NYSE: PEG) is a publicly traded diversified energy company with approximately 13,000 employees. Headquartered in Newark, N.J., PSEG’s principal operating subsidiaries are: Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island. PSEG is a Fortune 500 company included in the S&P 500 Index and has been named to the Dow Jones Sustainability Index for North America for 13 consecutive years (https://corporate.pseg.com).


Visit PSEG at

:


www.pseg.com



PSEG on Facebook 


PSEG on Twitter 


PSEG on LinkedIn 

PSEG Energize!

CONTACTS:



Investor Relations
 



Media Relations

Carlotta Chan

Marijke Shugrue


[email protected] 


[email protected]

973-430-6565

908-531-4253 

 

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SOURCE PSEG

R/GA Releases Global Research About the Power of Brand Relationship Design

60% of customers question repeat purchases; Extensive study reveals the truth about what makes people want to buy from brands again

PR Newswire

NEW YORK, Feb. 17, 2021 /PRNewswire/ — Determined to define the next wave of brand innovation, R/GA launched a global proprietary research study focused on brand relationship design. In a new report titled, “The Power of Brand Relationship Design,” R/GA introduces the study’s transformative findings from across six categories and nine markets in North America, Europe, Asia-Pacific and Latin America around creating more meaningful post-purchase customer experiences.

60% of customers question repeat purchases.

And post-purchase has never mattered more. In 2020, brand marketers shifted their entire business growth approach, focusing less on customer acquisition, and more on customer retention. It’s a trend that R/GA witnessed unfold—and pursued even further. The new report, aimed at brand marketers looking to connect more deeply with customers, uncovers six game-changing global insights and corresponding strategies for brands looking to win long-term retention. 

Based on a survey of nearly 16,000 respondents across six categories and nine markets, the report introduces a key customer objective: their “Next Best Self.” This means a customer is closer to their goals and living a happier life because of a brand’s support. Yet it’s what’s largely missing from today’s modern brand relationships.

The R/GA report reveals how this is hurting customer retention potential. Some other key findings include:

  • Buyer’s remorse is rampant. Globally, 60% of customers are unsure if they would make the same purchase decision if given the opportunity to do it again. They’re not committed, in part, because brands aren’t committed to them.
  • Seamless is the absolute baseline. 75% of customers don’t just enjoy, but expect, a seamless experience across all devices and channels. Brands must surpass these expectations to not only win over, but win back, lasting customers.
  • Personalization is(n’t) creepy. 87% of those surveyed are looking for some degree of recommendation or curation from the brands they’re buying into. Customers want their unique needs and goals to be seen—and supported—in a way that works for them.

Like never before, there’s new expectations and dynamics required for customers to stay bought into services. Customers are human. They crave connection, community, and empathy—including from the brands they frequent.

Based on these global insights, R/GA realized that brands looking to retain customers must look to build relationships with their customers. It’s the only way to succeed long-term. The report presents six actionable strategies brands can immediately leverage to design enduring, two-way value relationships with each and every customer. To discover how to get started, download the report here

R/GA has teamed up with Contagious Magazine for a series of live events, including a global discussion on Thursday, February 18 at 2pm EST. Regional conversations will follow throughout the year, and will include: 

Methodology:
Our proprietary global research procedure:

From June 14 to September 27, 2020, R/GA surveyed nearly 16,000 consumers in the US, EMEA, LATAM, and APAC across 15 service verticals, and honed in on six: e-commerce, personal care and beauty, consumer technology and electronics, credit cards, quick service restaurants, and health and fitness.

We also conducted external interviews with subject matter experts and industry stakeholders.

The goal of this proprietary research was twofold: to understand how brand relationships are evolving across these six product/service verticals—and what it takes to create the most optimal post-purchase customer relationship.

Markets covered: US, UK, Germany, Australia, China, Japan, Singapore, Argentina, and Brazil

About R/GA

R/GA is an atypical innovation company. We help brands and businesses define, connect with and create more human futures. Our work spans innovation consulting, org design, brand design, experience design and marketing communications.

Brand Relationship Design at R/GA helps brands establish and nurture lasting relationships with their customers, creating mutual value at every touch. After unlocking unique customer needs and motivations, our team helps brands design relevant value propositions, communications, and experiences that drive truly enduring, two-way value.

R/GA is part of The Interpublic Group of Companies (NYSE:IPG), one of the world’s largest advertising and marketing services organizations, and has more than 1600 employees globally, with 16 offices across the United States, Europe, South America, and Asia-Pacific. For more information about R/GA, please visit www.rga.com, or follow @rga on Twitter.

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SOURCE R/GA

eBrevia, a DFIN Company, Expands Contract Management Features with Box Integration

PR Newswire

CHICAGO, Feb. 17, 2021 /PRNewswire/ — eBrevia, a Donnelley Financial Solutions (NYSE: DFIN) company and industry-leading provider of AI-contract analytics software, has rolled out a new integration with Box, a leading cloud content management platform. The integration allows eBrevia clients to seamlessly access and analyze business-critical content that is securely stored and centrally managed in Box.

With over 100,000 customers, an integration with Box is a very welcome addition to eBrevia’s functionalities.

“The decision to integrate with Box was an easy one for us,” said Ned Gannon, co-founder and President of eBrevia. “We want to provide clients with the ability to analyze contracts wherever they’re stored. In this case, many of our existing enterprise clients already use Box, and this integration provides greater efficiencies and streamlined workflows for their teams.”

Box makes it easier than ever for members of a team to collaborate in real-time from any device, while eBrevia provides those teams with powerful data extractions and AI-powered insights that are crucial for making informed business and legal decisions in less time.

“This integration between Box and eBrevia makes it easier for customers to have a single place to manage, secure, and collaborate on their content, a key benefit for legal teams,” said Rand Wacker, VP Industry Solutions at Box. “Box’s extensive set of integrations—from legal technology solutions to productivity and business applications—is helping make our platform a key part of the tech stack used in many firms and corporate legal departments.”

With the eBrevia/Box integration, users can:

  • Analyze documents from Box with eBrevia’s industry-leading AI data extraction technology, which has been pre-trained to extract numerous legal and business concepts;
  • Customize data extraction with eBrevia’s powerful bespoke training feature, designed with non-technical users in mind;
  • Assign documents from Box to eBrevia users for review and action, utilizing a number of built-in workflow tools;
  • Compare multiple versions of documents from Box by selecting individual versions for comparison within eBrevia;
  • Generate data reports on legal and business concepts in documents from Box, and review project KPIs and progress in eBrevia’s robust dashboard.

For more information on eBrevia please visit: https://ebrevia.com/

About eBrevia
eBrevia, a DFIN company, is a leading provider of AI-powered data extraction and contract analytics software. With the most precise AI in the industry, our software reduces document review time by 30-90%. Corporations, law firms, audit/consulting firms, financial institutions, and commercial real estate firms leverage the software for due diligence, tracking contractual obligations and risks, compliance and lease abstraction. Learn more at ebrevia.com and follow us on Twitter @eBrevia and LinkedIn.

About Donnelley Financial Solutions (DFIN)

DFIN is a leading global risk and compliance solutions company. We provide domain expertise, enterprise software and data analytics for every stage of our clients’ business and investment lifecycles. Markets fluctuate, regulations evolve, technology advances, and through it all, DFIN delivers confidence with the right solutions in moments that matter. Learn about DFIN’s end-to-end risk and compliance solutions online at DFINsolutions.com or you can also follow us on Twitter @DFINSolutions or on LinkedIn.

Forward-Looking Statements
This news release may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in Donnelley Financial Solutions’ (DFIN) filings with the SEC. Donnelley Financial Solutions (DFIN) disclaims any obligation to update or revise any forward-looking statements.

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SOURCE Donnelley Financial Solutions

Applied Molecular Transport to Present at SVB Leerink 10th Annual Global Healthcare Conference

SOUTH SAN FRANCISCO, Calif., Feb. 17, 2021 (GLOBE NEWSWIRE) — Applied Molecular Transport Inc. (Nasdaq: AMTI) (AMT), a clinical-stage biopharmaceutical company, today announced that Tahir Mahmood, Ph.D., chief executive officer and co-founder, will participate in a fireside chat during the SVB Leerink 10th Annual Global Healthcare Conference on Thursday, February 25, 2021 at 4:20 p.m. ET.

A live webcast will be accessible via the Events page of the Applied Molecular Transport website at https://ir.appliedmt.com/news-events/events. An archived replay will be available for 30 days following the event.

About Applied Molecular Transport Inc.
Applied Molecular Transport Inc. is a clinical-stage biopharmaceutical company leveraging its proprietary technology platform to design and develop a pipeline of novel oral biologic product candidates to treat autoimmune, inflammatory, metabolic, and other diseases. AMT’s proprietary technology platform allows it to exploit existing natural cellular trafficking pathways to facilitate the active transport of diverse therapeutic modalities across the intestinal epithelium (IE) barrier. Active transport is an efficient mechanism that uses the cell’s own machinery to transport materials across the IE barrier. AMT believes that its ability to exploit this mechanism is a key differentiator of its approach. AMT is developing additional oral biologic product candidates in patient-friendly oral forms that are designed to either target local gastrointestinal tissue or enter systemic circulation to precisely address the relevant biology of a disease.

AMT’s headquarters, internal GMP manufacturing and lab facilities are located in South San Francisco, CA. For additional information on AMT, please visit www.appliedmt.com.


Investor Relations Contact:


Andrew Chang
Head, Investor Relations & Corporate Communications
[email protected]


Media Contacts:


Alexandra Santos
Wheelhouse Life Science Advisors
[email protected]

Aljanae Reynolds
Wheelhouse Life Science Advisors
[email protected] 



Imcyse Raises Additional EUR 21.3 Million in Series B Financing Round – Pfizer Joins as Newest Shareholder

  • Pfizer takes equity stake in Imcyse as part of the recently announced Rheumatoid Arthritis license agreement

  • Major existing shareholders participated in the round

  • Proceeds to advance Imcyse’s pipeline of first-in-class targeted disease modifying immunotherapeutics

LIÈGE, Belgium, Feb. 17, 2021 (GLOBE NEWSWIRE) — Imcyse, a clinical-stage biopharmaceutical company pioneering the development of a new class of active and specific immunotherapies for the treatment of severe autoimmune diseases, today announced that it has concluded a Series B extension financing round, raising EUR 21.3 million (USD 25.8 million). Participants of the new round included existing investors, Biogenosis, Epimede, LSP, Noshaq, Société Régionale d’Investissement de Wallonie (SRIW), Société Fédérale de Participations et d’Investissement (SFPI) and KU Leuven. Pfizer Inc. (NYSE: PFE) also participated as Imcyse’s newest investor taking an equity stake in the Company as part of the license agreement for Imcyse’s Rheumatoid Arthritis (RA) program based on the Company’s Imotope™ technology announced on February 3, 2021.

Denis Bedoret, Imcyse CEO, commented: “Completing this financing round reinforces the strength of the Company, allowing us to advance our programs to the next phase of development. Our aim is to be a major player in active specific immunotherapy. In this pursuit, we have taken our lead Imotope™ candidate into phase 2 for Type 1 Diabetes and have four other programs running in Multiple Sclerosis, Neuromyelitis Optica Spectrum Disorders, Celiac Disease and Rheumatoid Arthritis. I would like to express our gratitude to our existing shareholders and to our new investor, Pfizer, for their support and confidence in our Imotope™ platform.”

Proceeds from the latest financing round will be used to accelerate the advancement of several first-in-class targeted disease modifying immunotherapeutics, developing a robust and diverse clinical pipeline. In accordance with Imcyse’s corporate strategy, the Company remains open to new partnerships and investors to further support its development and expansion into the U.S.

Imotope™
 platform to prevent, stop and potentially cure autoimmune diseases

The Imcyse Imotope™ platform represents a next generation and potentially curative approach to severe autoimmune diseases for which there is no satisfactory therapy. Imotopes™ induce cytolytic T cells, which specifically eliminate the aberrant disease pathway while leaving the rest of the immune system unaffected. In addition to the Type 1 Diabetes program, its Multiple Sclerosis candidate is expected to commence clinical trials by 2022. In RA, Pfizer and Imcyse will collaborate to develop existing lead candidates and further optimize potential molecules. After a candidate is selected, Pfizer will lead clinical development and commercialisation activities.

ABOUT IMCYSE

Imcyse is a clinical stage biopharmaceutical company pioneering the development of a new class of active and specific immunotherapies for the treatment of severe autoimmune diseases. The company’s unique technology platform allows it to specifically target immune cells involved in the destruction of the diseased organ. Disease specific Imotopes™, which are modified peptides, generate cytolytic CD4+ T-cells, that eliminate antigen-presenting cells and autoantigen specific lymphocytes. The Imotope™ effect, sustained over time, helps to prevent and treat diseases with no current curative alternative and to potentially cure patients without causing generalized immune suppression. The company has established proof of concept in several indications and has started a Phase 2 clinical program in type 1 diabetes with promising results already seen during the first Phase 1 trial. Beyond type 1 diabetes, Imcyse is developing a pipeline of Imotopes™ for the treatment of several autoimmune diseases. Founded as a spin-off of the Catholic University of Leuven Imcyse subsequently relocated to Liège, Belgium.
www.imcyse.com

CONTACT:

Imcyse S.A.

Denis Bedoret
Chief Executive Officer
Mail: [email protected]

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Clubhouse Media Group Inks Exclusive Deal with Austin Mahone, Bringing Superstar Singer/Songwriter into the Clubhouse Media Influencer Ecosystem

LOS ANGELES, Feb. 17, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Clubhouse Media Group, Inc. (OTCMKTS: CMGR) (“Clubhouse Media” or the “Company”), an influencer-based marketing and media firm with a global aggregate social media reach of over 100 million followers, is excited to announce the signing of an exclusive social media consulting deal with international superstar singer and songwriter Austin Mahone.

Mahone has been topping the charts for the last decade, becoming one of the most recognizable icons in pop culture over recent years, now boasting more than 36 million followers combined across social platforms, surpassing 615 million worldwide streams to date on Spotify alone, and amassing over 1 billion YouTube total views.

The collaboration will officially launch with Mahone moving into Clubhouse BH, the Company’s popular LA-based social content creation house. Doiyen Management, the Company’s in-house digital talent incubator and influencer management business, will work with Mahone and his current longstanding music management team at Chase Entertainment, led by founder Michael Blumstein.

“I love connecting with my fans via social media – it has been a big part of who I am from the very beginning,” remarked Mahone. “This partnership is super exciting to me because it meets in the intersection of my music career and the digital space, two of my passion points. I hope to create even more exciting content to share with my followers and engage with them in impactful ways. I can’t wait to get started!”

Mahone will join Doiyen’s roster of popular digital native influencers, including professional race car driver Lindsay Brewer, YouTube sensation Gabriella Saraivah, TikTok dancer Michelle Kennelly, TikTok lip sync and dance content creator Jake Kuhlman, and many more who have a total reach of over 78 million. The partnership will further cement Clubhouse Media Group as a leader in the digital talent and incubator space.

Chase Entertainment, a boutique music management firm, has managed Austin Mahone since the beginning of his career. The firm also currently manages Platinum recording artist Pia Mia and has been instrumental in launching the careers of huge acts such as T-Pain, B.o.B. and Kiiara to name a few. The new deal will focus on elevating Austin’s social media platforms and further amplify his voice as a global recording artist.

“We’re excited to team up with Doiyen to help take Austin’s social media to the next level,” says Michael Blumstein. “The Doiyen team really understands the intricacies of platforms such as TikTok and Instagram. They have an incredible roster of influencers who are the taste makers of social media. They truly compliment Austin’s career as a global recording artist. We look forward to what the future brings.”

About Clubhouse Media

We believe Clubhouse Media represents the future of influencer media and marketing, with a global network of professionally run content houses, each of which has its own brand, influencer cohort and production capabilities. Clubhouse Media offers management, production and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space. Clubhouse Media’s management team consists of successful entrepreneurs with financial, legal, marketing, and digital content creation expertise.

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FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate”, “intend”, “plan”, “goal”, “seek”, “believe”, “project”, “estimate”, “expect”, “strategy”, “future”, “likely”, “may”, “should”, “would”, “could”, “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to, economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.

Corporate Contact
Simon Yu, MBA
Phone: +1-702-479-3016

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