Voyager Digital Provides Business Update and March 2021 Metrics

PR Newswire

CSE: VYGR
OTCQB: VYGVF
Borse Frankfurt: UCD2


– Announces AUM Over US$


2.4 Billion at March-End –



– Announces Over 1 Million Verified Users –



– Key Metrics Grew in Excess of 35% from February to March –

NEW YORK, April 6, 2021 /PRNewswire/ – Voyager Digital Ltd. (“Voyager” or the “Company”) (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), a publicly-traded holding company, whose subsidiaries operate a licensed crypto-asset platform that provides investors with a turnkey solution to invest in and trade crypto assets, is pleased to provide stakeholders with a business update for the month ended March 31, 2021.

The Company has the following key metrics as of March 31, 2021:

  • Assets Under Management (AUM) exceeded US$2.4 billion
  • Total Funded Accounts at the end of March 2021 were over 270,000
  • Total Verified Users on the platform were over 1 million

Key monthly operating metrics for January through March 2021 are as follows:

March

2021

February
2021

January
2021

Net Deposits

$650M

$400M

$170M

New Funded Accounts

95,000

70,000

65,000

New Verified Users 

395,000

190,000

250,000

Principal Value traded

$2.5B

$1.6B

$840M


All figures are preliminary and unaudited and subject to final adjustment. All amounts are in U.S. dollars, unless otherwise indicated.

“March was another record-setting month for Voyager as our retail-focused, zero-commission platform continued to attract an active community for both Bitcoin and our industry leading offering of over 50 altcoins,” said Stephen Ehrlich, Co-Founder and CEO of Voyager. “All of our significant revenue-driving metrics increased in excess of 35% during the month of March from the previous month. As demand continues to accelerate for the Voyager Platform, we are enhancing our infrastructure to meet this swiftly growing demand and accommodate anticipated future growth as we expand our suite of offerings in the coming years.”

Mr. Ehrlich concluded, “Our management team is focused on the long-term opportunity to capture significant market-share within this rapidly expanding industry. The initiatives we are embarking on, such as adding new products to our platform and further geographic expansion, are designed to competitively position Voyager for long-term success. We will continue to execute on these initiatives and look forward to providing our investors another update on our next quarterly conference call.”

The Company also announced that going forward, it expects to provide updates for key operating metrics on a quarterly basis. Voyager believes this is consistent with industry best practices and will more closely align with the Company’s long-term focus. The Company expects to provide its next financial and operational update to investors on its next quarterly conference call, expected to occur in late May.

Voyager continues to actively engage with investors and expects to participate in the following upcoming events in April 2021:

15-Apr

Global Chinese Financial Forum




Info


21-Apr

Stifel Canada 2021 Cross Sector Insight Conference




Info


22-Apr

SNN – Planet Microcap Showcase




Info


27-Apr

H.C. Wainwright & Co. Cryptocurrency, Blockchain & FinTech Conference




Info


Voyager remains committed to advancing its trusted, secure, and compliant platform to serve the needs of its loyal community by offering a broad selection of digital assets, with industry leading interest rates, on a simple to use app for trading and investing in cryptocurrencies. For more information and to view the latest company presentation about Voyager Digital, please visit https://www.investvoyager.com.

About Voyager Digital Ltd.
Voyager Digital Ltd. is a publicly traded holding company whose subsidiaries operate a crypto-asset platform that provides retail and institutional investors with a turnkey solution to trade crypto assets. The Voyager Platform provides its customers with competitive price execution through its smart order router and as well as a custody solution on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent, and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release.

Other
The links to the investor events above are provided for convenience only. Voyager makes no representation or warranty as to the content of such links or as to the suitability of such investor events for any particular investor. Voyager disclaims all responsibility and liability in respect of such investor events and the links provided herein (and the content contained therein) do not form part of this press release and do not form part of Voyager’s public disclosure record.

Forward Looking Statements
Certain information in this press release, including, but not limited to, statements regarding future growth and performance of the business, momentum in the businesses, future adoption of digital assets, and the Company’s anticipated results may constitute forward looking information (collectively, forward-looking statements), which can be identified by the use of terms such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” (or the negatives) or other similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Voyager’s actual results, performance or achievements to be materially different from any of its future results, performance or achievements expressed or implied by forward-looking statements. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Forward looking statements are subject to the risk that the global economy, industry, or the Company’s businesses and investments do not perform as anticipated, that revenue or expenses estimates may not be met or may be materially less or more than those anticipated, that trading momentum does not continue or the demand for trading solutions declines, customer acquisition does not increase as planned, product and international expansion do not occur as planned, risks of compliance with laws and regulations that currently apply or become applicable to the business and those other risks contained in the Company’s public filings, including in its Management Discussion and Analysis and its Annual Information Form (AIF). Factors that could cause actual results of the Company and its businesses to differ materially from those described in such forward-looking statements include, but are not limited to, a decline in the digital asset market or general economic conditions; changes in laws or approaches to regulation, the failure or delay in the adoption of digital assets and the blockchain ecosystem by institutions; changes in the volatility of crypto currency, changes in demand for Bitcoin and Ethereum, changes in the status or classification of cryptocurrency assets, cybersecurity breaches, a delay or failure in developing infrastructure for the trading businesses or achieving mandates and gaining traction; failure to grow assets under management, an adverse development with respect to an issuer or party to the transaction or failure to obtain a required regulatory approval. In connection with the forward-looking statements contained in this press release, the Company has made assumptions that no significant events occur outside of the Company’s normal course of business and that current trends in respect of digital assets continue. Readers are cautioned that Assets Under Management and trading volumes fluctuate and may increase and decrease from time to time and that such fluctuations are beyond the Company’s control. Forward-looking statements, past and present performance and trends are not guarantees of future performance, accordingly, you should not put undue reliance on forward-looking statements, current or past performance, or current or past trends. Information identifying assumptions, risks, and uncertainties relating to the Company are contained in its filings with the Canadian securities regulators available at www.sedar.com. The forward-looking statements in this press release are applicable only as of the date of this release or as of the date specified in the relevant forward-looking statement and the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events. The Company assumes no obligation to provide operational updates, except as required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements, unless required by law. Readers are cautioned that past performance is not indicative of future performance and current trends in the business and demand for digital assets may not continue and readers should not put undue reliance on past performance and current trends. All figures are in U.S. dollars unless otherwise noted.

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SOURCE Voyager Digital (Canada) Ltd.

Kuebix, a Trimble Company, Positioned as a Challenger for Two Consecutive Years in 2021 Gartner Magic Quadrant for Transportation Management Systems

Recognized for Completeness of Vision and Ability to Execute

PR Newswire

MAYNARD, Mass., April 6, 2021 /PRNewswire/ — Kuebix, a leading transportation management system (TMS) provider and connected supply chain innovator, has been positioned by Gartner as a Challenger for the second consecutive year in the 2021 Magic Quadrant for Transportation Management Systems. Kuebix is a Trimble (NASDAQ: TRMB) Company.

Kuebix has been positioned by Gartner as a Challenger in the 2021 Magic Quadrant for Transportation Management Systems.
 

“We believe our positioning in this year’s Magic Quadrant for TMS reflects our accelerated customer growth and continued commitment to product innovation,” said David Lemont, Kuebix General Manager. “This includes a significant movement to the right for Completeness of Vision this year and upward movement for Ability to Execute, a category Kuebix has moved up on every year since its initial inclusion in this research.”

Kuebix is a modular cloud-based solution that allows a range of companies from small and midsize businesses (SMBs) to large enterprises to obtain an optimized transportation management system (TMS) for their business by selecting modular capabilities and integrations. The addition of Kuebix to Trimble is enabling the connection of Trimble’s network of 1.3 million commercial trucks with Kuebix’s extensive shipping community, creating unprecedented opportunities for freight demand-capacity matching and other efficiencies. Kuebix’s ability to integrate with native complementary capabilities of Trimble such as Mobility vehicle telematics solutions, Visibility freight tracking solutions and Trimble MAPS solutions is empowering Kuebix to produce next-level transportation management solutions for the marketplace.

“Our vision for a truly connected supply chain continues to be proven with our growth surpassing 25,000 customers as a result of our exceptional user experience, proven time-to-value, and industry-leading technology,” said Dan Clark, Kuebix Founder and Vice President of Product Innovation & Strategy for Trimble Transportation. “We are extremely pleased that Kuebix continues to be recognized in this important research, and believe that this positioning highlights our leadership, vision, and ability to continuously deliver value to our customers.”

To learn more about today’s TMS marketplace, download a complimentary copy of the 2021 Magic Quadrant for Transportation Management Systems.

Source: Gartner, Magic Quadrant for Transportation Management Systems, Bart De Muynck, Brock Johns, Oscar Sanchez Duran, 30 March 2021.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Kuebix
Kuebix, a Trimble (NASDAQ: TRMB) Company, provides a transportation management system (TMS) that powers one of North America’s largest shipping communities. Kuebix is a modular solution designed to scale to meet the needs of supply chains of every size and level of complexity. Developed on multi-tenant cloud technology, Kuebix’s connected platform enables customers to simplify ERP and other integrations to drive rapid onboarding and ROI. Community Load Match, Kuebix’s built-in load matching platform, allows shippers to easily find truckload capacity and for carriers to fill open capacity. For more information visit: www.kuebix.com.                                                                                          

Media Contacts:
Sarah Clark
Kuebix
[email protected]

Jillian Sullivan
Kuebix
[email protected]

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SOURCE Kuebix, a Trimble Company

Thomson Reuters Issues 2020 Social Impact Report

PR Newswire

Steps Up Action on
 
Diversity and Inclusion – discloses ethnic and racial diversity data for the first time

TORONTO, April 6, 2021 /PRNewswire/ — Thomson Reuters today issued its 2020 Social Impact Report. The report outlines the company’s Environment, Social, and Governance (ESG) activities and progress in areas including diversity and inclusion, access to justice and transparency, environmental sustainability, and community support. 

For the first time, Thomson Reuters has released data on employee racial and ethnic diversity and the company is expanding the number of countries where employee self-identification is possible. Additionally, Reuters News published its first global newsroom diversity report. The company has also set new goals to increase diversity in its senior leadership by 2022, including 45% or more women, 20% or more racial and ethnic representation, and a doubling of Black representation. In 2020, the company was ranked in the Top 50 on Refinitiv’s D&I Index, listed as one of America’s Best Employers for Diversity by Forbes and, for the ninth consecutive year, scored 100% in the Human Rights Campaign Corporate Equality Index.  

“At Thomson Reuters, we have made fostering an inclusive culture of world-class talent one of our top three global priorities,” said Steve Hasker, President and CEO of Thomson Reuters. “Recently, we joined Measure Up, an initiative to encourage companies to self-report their racial and ethnic diversity data. While we have made some progress, we know that we still have much more to do.” 

“Diversity and inclusion are just one element of our social impact work, however. Our people and our customers increasingly look to us for leadership and action,” said Hasker. “Our products, partnerships and people help to uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts and inform and educate people, companies and communities globally. From partnering with the world’s largest media and technology companies to combat misinformation, to supporting initiatives to stop human trafficking, the work we do strengthens society.” 

Other highlights from the 2020 report include:

  • Improving access to justice and transparency
    • Partnered with law enforcement to help catch human traffickers at the Super Bowl LIV in Miami
    • Launched a global fact-checking initiative in partnership with Facebook to verify the accuracy of social media content
  • Supporting the global fight against climate change
    • Used 100% renewable energy for all operations and will continue going forward
    • Joined the Science Based Targets initiative (SBTi) to meet the goals of the Paris Agreement
  • Giving back to the communities in which we live and work
    • Contributed $1 million to the rebuilding effort in Minneapolis following the tragic death of George Floyd and ensuing unrest  
    • Supported the Thomson Reuters Foundation’s TrustLaw – the world’s largest pro bono legal network – enabling 120,000 lawyers from more than 950 firms and companies to do over $170 million worth of work in over 175 countries since its launch in 2010

The full report is available at www.tr.com/social-impact-report.

Thomson Reuters
Thomson Reuters is a leading provider of business information services. Our products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news service – Reuters. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.

CONTACT:

Brad J. Ryder

+1 437 779-2315
[email protected]

 

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SOURCE Thomson Reuters

BioLife Solutions Appoints Two New Independent Board Directors

Amy DuRoss, CEO at Vineti and Rachel Ellingson, Chief Strategy Officer at Zimmer Biomet

PR Newswire

BOTHELL, Wash., April 6, 2021 /PRNewswire/ — BioLife Solutions, Inc. (NASDAQ: BLFS) (“BioLife” or the “Company”), a leading developer and supplier of a portfolio of class-defining bioproduction products and services for cell and gene therapies, today announced that it has appointed Amy DuRoss, chief executive officer of Vineti, and Rachel Ellingson, senior vice president and chief strategy officer at Zimmer Biomet to its board of directors effective immediately.   

Mike Rice, BioLife CEO, commented, “We are very pleased to welcome Amy and Rachel as new independent directors to BioLife’s board. They join BioLife at an exciting time. The addition of these directors complements our existing board of directors’ skills and experiences, and we are confident they will provide valuable perspectives as we continue to execute our M&A strategy, drive growth and enhance value for all BioLife shareholders.”

DuRoss will serve on the Audit and Compensation committees and Ellingson will serve on the Compensation and Nominating and Governance committees.

About Amy DuRoss

As CEO and co-founder of Vineti, Amy has led the company and its software as a service platform to the forefront of innovation supporting cell and gene therapy manufacturing, delivery and patient follow up. Before co-founding Vineti, Amy focused on healthcare new business creation for GE Ventures/healthymagination. Prior to GE, Amy was chief business officer at Navigenics, a genomics company sold to Life Technologies in 2012. She was co-founder and executive director of Proposition 71, California’s$3B stem cell research initiative passed in 2004, as well as chief of staff at the resulting state grant oversight agency. Amy holds an MBA and MA/BA in English from Stanford University. She was named a 2016 Health Innovator Fellow by the Aspen Institute. Amy also serves as a member of the board of directors for the ARM Foundation for Cell and Gene Medicine.

About Rachel Ellingson

At Zimmer Biomet, as a member of the executive leadership team, Rachel Ellingson is responsible for global oversight of strategy, business development and integration. Prior to joining Zimmer Biomet, she served as vice president, corporate strategy and as a member of the executive leadership team at St. Jude Medical. Before joining St. Jude Medical, she served as vice president, business development and investor relations at AGA Medical Corporation. Prior to joining AGA Medical, she was an investment banker, most recently as a Managing Director, Healthcare Investment Banking with Bank of America and prior to that, was with Cowen & Company. During her career, she has been responsible for executing more than 50 M&A and financing transactions, raising over $15B in capital and generating over $40B in M&A transaction value. She holds a Bachelor of Arts degree from the University of Rhode Island and an MBA in Finance from the University of Connecticut.

About BioLife Solutions

BioLife Solutions is a leading supplier of class-defining cell and gene therapy bioproduction tools and services. Our tools portfolio includes our proprietary CryoStor® freeze media and HypoThermosol® shipping and storage media, ThawSTAR® family of automated, water-free thawing products, evo® cold chain management system,  Custom Biogenic Systems high capacity storage freezers and SciSafe biologic storage services. For more information, please visit www.biolifesolutions.com, and follow BioLife on Twitter.

Media & Investor Relations

Roderick de Greef

Chief Financial Officer & Chief Operating Officer
(425) 686-6002
[email protected]

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SOURCE BioLife Solutions, Inc.

Loop Energy and BayoTech Commit to Accelerated Deployment of Hydrogen Vehicles and Fueling Infrastructure through Joint Market Development Agreement

PR Newswire

VANCOUVER, BC, April 6, 2021 /PRNewswire/ – With the shared goal of accelerating the transition to cost-effective, zero-emissions commercial vehicle and power generator technologies, Loop Energy and BayoTech announced a joint market development agreement for the deployment of hydrogen vehicles and hydrogen fueling infrastructure. The collaboration aims at reducing the complexity of adopting hydrogen electric solutions by providing fleet operators with clear and actionable strategic direction in respect to fuel cell powered vehicles and hydrogen fuel infrastructure.

Under the agreement, Loop and BayoTech will collaborate on development of market opportunities for deployment of vehicles manufactured by Loop’s OEM customers in combination with on-site hydrogen generation infrastructure provided by BayoTech. The initial scope of such market development activities is further centered around the vertical markets of materials handling, warehouse and port logistics, including drayage; transit and coach bus service; urban delivery services; and stationary power applications.

The initiative forms an integral part of Loop’s Total Customer Care strategy aimed at combining a full portfolio of industry leading hydrogen fuel cell modules with a 360-degree hydrogen ecosystem of integration service providers, component suppliers and fueling solutions to help accelerate time-to-market and reduce product launch burdens for Loop’s OEM customer.

The agreement further supports BayoTech’s objective of offering fleet operators a clear path to market leading cost of ownership based on the company’s unique on-site hydrogen production solution, bestinclass fuel efficiency and performance of the vehicles powered by Loop’s eFlow™ technology. BayoTech, headquartered in Albuquerque, New Mexico, is an energy solutions company committed to addressing the global need for consistent, cost-effective supply of hydrogen through modular, scalable, and rapidly deployable hydrogen production systems.

“Fleet operators are facing increased pressure to transition to zero-emissions and our partnership with Loop Energy creates an ecosystem that removes many of the barriers to adoption of hydrogen fuel cells as a solution,” said Stewart Stewart, Chief Commercial Officer at BayoTech. “Both Loop and BayoTech are focused on enabling the lowest cost of ownership solutions to the fleet operator customers. We look forward to building on the foundation of this important strategic partnership as we continue to work together towards mass-market adoption of hydrogen fuel cell technologies.”

Loop Energy’s proprietary eFlow™ fuel cell modules for commercial vehicle and stationary power generation have quickly gained market traction with customers in Asia, Europe, and North America due to their market-leading characteristics, including fuel efficiency and ease-of-integration.

“We believe that hydrogen vehicle cost of ownership and easy, economical access to the hydrogen fuel are closely intertwined and are both critical to successful project development,” said George Rubin, Chief Commercial Officer of Loop Energy. “Our collaboration with BayoTech widens the hydrogen ecosystem, supports our OEM customers in market and sales channel development process, and helps bring down the barriers and the cost of adoption of hydrogen electric solutions by commercial vehicle operators. This is yet another progressive chapter in the global acceleration of hydrogen adoption.”

About BayoTech On-Site Hydrogen

BayoTech is an energy solutions company committed to addressing the need for consistent, cost-effective supply of low-carbon, zero-carbon and even carbon negative-hydrogen. We offer modular, scalable, and rapidly deployable hydrogen production systems through sales, rentals, leases, and gas-as-a-service to customers worldwide. Headquartered and produced in New Mexico, USA, BayoTech’s on-site hydrogen generators are energy efficient and eliminate the need for wasteful and expensive liquification and transportation, leading to lower carbon emissions and low-cost hydrogen. https://www.bayotech.us/ 

About Loop Energy Inc.

Loop is a leading designer of fuel cell systems targeted for the electrification of commercial vehicles, including, light commercial vehicles, transit buses and medium and heavy-duty trucks. Loop’s products feature the Company’s proprietary eFlow™ technology in the fuel cell stack’s bipolar plates. eFlow™ was designed to enable commercial customers to achieve performance maximization and cost minimization. Loop works with OEMs and major vehicle sub-system suppliers to enable the production of fuel cell electric vehicles. For more information about how Loop is driving towards a zero-emissions future, visit www.loopenergy.com.

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflect management’s current expectations regarding future events. Forward–looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward–looking information. Such risks and uncertainties include, but are not limited to, the ability of the Company to execute on its strategy and the factors discussed under “Risk Factors” in the final long-form prospectus of the Company dated February 18, 2021. Loop disclaims any obligation to update these forward-looking statements. 

Source: Loop Energy Inc.

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SOURCE Loop Energy

Cisco Acclaimed by Frost & Sullivan for Offering Unprecedented Visibility and Security for Industrial Networks with Its Cyber Vision Platform

PR Newswire

Cisco’s platform breaks down the silos between cybersecurity teams and systems, allowing seamless collaboration between IT and OT personnel to protect industrial operations against cyber threats

SANTA CLARA, Calif., April 6, 2021 /PRNewswire/ — Based on its recent analysis of the global industrial control systems (ICS) cybersecurity market, Frost & Sullivan recognizes Cisco Systems, Inc. with the 2020 Global Enabling Technology Leadership Award for its Cyber Vision platform. The solution offers both information technology (IT) and operational technology (OT) teams a comprehensive view of their IoT/OT security posture, so that they can work together in leveraging existing IT security tools and expertise to protect industrial operations against cyber threats.

“With Cyber Vision, Cisco offers a holistic approach to help industrial organizations and critical infrastructures protect operations against cyber threats. Cyber Vision extends the capabilities of Cisco’s IT security platforms to the OT space by providing full visibility into what is connected, detecting intrusions and abnormal behaviors,” said Samir Sakpal, Consulting Director at Frost & Sullivan. “The platform helps ensure process integrity, drive regulatory compliance and enforce security policies through seamless integration with the IT SOC and easy deployment within the industrial network.”

Cisco can uniquely run this Cyber Vision feature within network switches, routers, and gateways, which makes the overall solution simpler to deploy and dramatically reduces its total cost of ownership because the networking team does not have to deploy, maintain, or manage a fleet of security appliances. Importantly, a networking team does not have to build a separate network to carry the additional traffic created by these appliances to the central analytics platform. Furthermore, the platform offers mechanisms for control engineers to comment on vulnerabilities, anomalies, and events so that IT security experts have context and can act accordingly.

Cisco integrated Cyber Vision into its wide suite of security products, such as Firepower firewalls, Stealthwatch network anomaly detection, Talos threat intelligence and SecureX Threat Response, providing users with a seamless experience when investigating and remediating a threat within an industrial network. Cisco provides Cyber Vision as both a product and as a range of services, such as advisory, implementation, optimization, and support. To help OT customers begin their cybersecurity journey, the company presents a consultative assessment and an in-depth proof of concept.

“Cyber Vision goes beyond traditional IoT/OT cybersecurity solutions. It bridges the gap between IT and OT by embedding security features within industrial networks and adding OT context and threat detection to the entire range of Cisco IT security solutions, enabling industrial organizations to build a truly converged IT/OT security strategy,” noted Sakpal. “Overall, the Cyber Vision IoT/OT cybersecurity technology, combined with its experience with industrial network equipment, cybersecurity, and consulting services, positions Cisco to excel in the ICS cybersecurity industry.”

Each year, Frost & Sullivan presents this award to a company that develops a pioneering technology that enhances current products and enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Kristen Moore
P: 12104778469
E: [email protected]

About Cisco Systems, Inc.

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

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SOURCE Frost & Sullivan

Former US Assistant Secretary for Health, Admiral Joxel Garcia, MD, Joins Flurotest Advisory Board to Support COVID-19 Rapid Antigen Testing System for the Masses

PR Newswire


Brings prior experience as US Representative to the World Health Organization Executive Board and expertise in health care delivery, health policy, international affairs and pandemic influenza planning to FluroTest team

CALGARY, AB, April 6, 2021 /PRNewswire/ – FluroTech LTD. (TSXV: TEST) (OTCQB: FLURF) and subsidiary FluroTest Diagnostics Systems (“FluroTest” or The Company), a first-mover in surge-scale rapid antigen testing for the detection of SARS-CoV-2 and other pathogens, are pleased to announce that former U.S. Public Health Service and Four-Star Admiral Joxel Garcia, M.D. has joined FluroTest’s advisory board.

An internationally respected healthcare leader in public and global health administration and education, Dr. Garcia will help support FluroTest business operations and testing procedures as the Company prepares for clinical trials of its high-speed, high-throughput testing platform to support planned submissions for Emergency Use Authorization (“EUA”) from the U.S. Food and Drug Administration (“FDA”) and Interim Order Authorization from Health Canada.

Dr. García served as the 14th Assistant Secretary for Health of the United States and as a Four-Star Admiral in the U.S. Public Health Service, both positions confirmed by the U.S. Senate. As the highest-ranking medical officer in the United States, he operated as the lead advisor on national global public health and science matters for the Secretary of Health. Dr. García also served as United States Representative to the World Health Organization Executive Board, Deputy Director of the Pan American Health Organization, Regional Office for the Western Hemisphere for the World Health Organization during the 2003 SARS epidemic and as President and Dean of Medicine for the Ponce School of Medicine and Health Sciences.

“I see FluroTest as both a powerful public health tool and a national security tool.  New variant cases are spreading throughout the world and across North America at unprecedented levels,” said Dr. Garcia. “When you have a virus that mutates as quickly and aggressively as this one does, the chances for it to become endemic magnify exponentially. The reality right now is that we have limited resources, but the threats are unlimited. The ability to produce a high-speed, highly-accurate COVID-19 testing platform capable of processing thousands of tests per hour will be a game changer, and it’s precisely what attracted me to FluroTest.”

FluroTest’s system is designed to facilitate fast and accurate on-location testing of individuals by leveraging the disciplines of robotics automation, biochemistry, fluorescence detection and cloud computing. High-risk pandemic environments supported will include schools and colleges, hospitals and large healthcare facilities, athletic stadiums and performance venues, airline and cruise ship terminals, corporate campuses, shopping centers, manufacturing facilities, transportation and distribution hubs and other large business and retail locations.

“Vaccines are critical, but are only part of any potential solution. The challenges posed with a dynamic virus such as SARS-CoV-2 suggest that the vaccine someone takes today could possibly require boosters every two or three years,” Dr. Garcia added. “Testing is important to determine if a person is or has been infected – not only for yourself, but also for your family and communities. On a global scale, I believe FluroTest could be a geo identification solution to curb outbreaks faster, including communicable diseases such as Dengue, Zika, MERS, TB and Malaria. With FluroTest deployed, one could literally make this determination in a single day instead of two or three months’ time. It literally could change the nature of how we battle these super viruses.”

“Dr. Garcia has led a storied public and private international healthcare career, and having a recognized leader of his caliber on board will be a tremendous asset as we head into clinical trials,” said Bill Phelan, CEO of FluroTest. “Joxel is an innovative thinker who understands that smart, purpose-driven ideas can lead to monumental outcomes. We both believe FluroTest can emerge as the mass testing platform that helps control viral spread, reduce the burden on the healthcare system, and facilitates greater social activity and economic recovery.”

Currently, Dr. García serves as Chairman of the Board and Chief Medical Officer of Ambitna, as well as Chairman of the Board and Chief Health Strategy Officer of Aegis Health Analytics. Dr. Garcia also served as Vice President and Chief Medical Officer at American Express global headquarters in New York City, Executive Director of the MD Anderson Cancer Prevention and Control Platform, and as Senior Vice President and Senior Medical Officer at Maximus Federal Services.

Readers are cautioned that, although FluroTest has achieved proof of concept prototype, the testing method and device is still in the pre-approval stage and accordingly, FluroTest is not currently making any express or implied claims that the technology can, or will be able to, accurately detect the COVID-19 virus.

About FluroTest Diagnostic Systems

FluroTest, a first-mover in surge-scale rapid antigen testing for the detection of SARS-CoV2 and other pathogens, is developing a pandemic defense and economic recovery system purpose-built for businesses and special-needs populations requiring fast and highly accurate testing for significant numbers of people. Unlike individual or low-throughput tests, FluroTest’s system is designed to be well-suited for high-traffic, high-risk pandemic environments including schools and colleges, hospitals and large healthcare facilities, athletic stadiums and performance venues, airline and cruise ship terminals, corporate campuses, shopping centers, manufacturing facilities, transportation and distribution hubs and other large business and retail locations. Created to support executive business continuity efforts, the system combines and leverages the disciplines of robotics automation, biochemistry, fluorescence detection and cloud computing — processing thousands of tests per hour while delivering accurate, digitally verifiable results to a test taker’s mobile device within 5 minutes. To learn more, visit FluroTest.com

About FluroTech (TSXV: TEST) (OTCQB: FLURF)

The goal of FluroTech’s research and technology is to develop detection methods which are sensitive, specific and easy-to-use. By combining FluroTech‘s proprietary spectroscopy-based technology with laboratory robotics automation and cloud computing, FluroTech, through the application of its technology and investment in subsidiary FluroTest, has created a unique solution addressing the current and future pandemics. Using technology that was first developed at the University of Calgary, the FluroTest SARS-CoV-2 test is designed to identify patients with active virus infection; this is not necessarily the case for most of the currently approved tests that are meant to identify patients with SARS-CoV-2 nucleic acid.

Cautionary Statement Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer’s business, capital, technology or operations that is prospective in nature, and includes future-oriented financial information about the issuer’s perspective financial performance or financial position. The forward-looking information in this news release includes disclosure about the ability of the Company’s testing devices to accurately and quickly detect COVID-19 and to process large numbers of samples in short time frames, the benefits of and demand for the Company’s testing devices, its efforts to obtain approval of the FDA and Health Canada, its potential partnership with a major U.S. based healthcare system and finalizing plans to conduct clinical trials and its intent to amalgamate with FluroTest Systems Ltd which owns a 95% interest in FluroTest LLC. The Company made certain material assumptions, including but not limited to prevailing market conditions and general business, economic, competitive, political and social uncertainties, the ability to obtain FDA and Health Canada approvals, the demand for its COVID-19 testing devices and their ability to perform as expected, its potential partnership with a major U.S. based healthcare system and finalizing plans to conduct clinical trials and its intent to amalgamate with FluroTest Systems Ltd which owns a 95% interest in FluroTest LLC  and to obtain the regulatory approvals required in connection with the same, to develop the forward-looking information in this news release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Actual results may vary from the forward-looking information in this news release due to certain material risk factors described in the Corporation’s Annual Information Form under the heading “Risk Factors”, the failure to develop and commercialize its testing devices in a timely manner or at all, the failure to recognize the anticipated benefits from the devices, the failure to obtain FDA or Health Canada approval for its products, the risk that regulatory approvals will not be received and the risk that changing circumstances will result in the decrease in demand for FluroTest’s products. The Company cautions that the foregoing list of material risk factors and assumptions is not exhaustive.

The Company assumes no obligation to update or revise the forward-looking information in this news release, unless it is required to do so under Canadian securities legislation.

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

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state and may not be offered or sold within the United States or to or for the benefit or account of U.S. persons, absent such registration or an applicable exemption from such registration requirements.

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SOURCE FluroTech Ltd.

Graystone Company Announces Move Into Bitcoin Mining

PR Newswire

FORT LAUDERDALE, Fla., April 6, 2021 /PRNewswire/ — Graystone Company, Inc. (OTC: GYST) announced today its intention to move into Bitcoin Mining with the objective of setting up operations in Miami, Florida.

In February 2021, the City of Miami began offering incentives to businesses in the crypto industry including mining operations (link to Mayor’s interview). Graystone’s CEO has been involved in the cryptocurrency space including Bitcoin mining since 2019.

The company feels it would be remiss if it did not take advantage of its experience and knowledge in this field and pursue this opportunity, especially considering the recent shift in momentum within the cryptocurrency industry. With that in mind, the company will be pursuing BTC mining as a hedge against its Health and Wellness line. This will allow the company the flexibility to move in whatever direction is most favorable over the long term. 

This adjustment to the business plan will require a revision to our recent Reg A filing. As such, the company will cease any offerings under the Reg A filing and will begin working on a Post-Effective Amendment that will include the new division. 

Further details will be provided in our next press release. The company thanks each of you for your ongoing support and looks forward to sharing more with you soon.

About The Graystone Company, Inc.
Graystone Company operates two divisions: (1) BitCoin mining operations and (2) Wellness, Longevity and Anti-Aging product line. The Graystone Company, Inc. (OTC PINK:GYST) is headquartered in Fort Lauderdale, FL., and can be reached at www.thegraystonecompany.com or by phone at (954) 271-2704.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

For more information:
Graystone Company
Email: [email protected]
Phone: +1 (954) 271-2704

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SOURCE Graystone Company, Inc.

Raytheon Technologies Announces $500 Million Social Impact Initiative

Ten-year commitment will advance equitable opportunities in STEM education, career development and community wellbeing; company launches employee challenge to take on one million acts of service

PR Newswire

WALTHAM, Mass., April 6, 2021 /PRNewswire/ — Raytheon Technologies (NYSE: RTX) today announced Connect Up, a 10-year, $500 million corporate responsibility initiative to drive transformative, generational impact on critical societal challenges. This focused philanthropy expands upon and elevates the company’s legacy of community investment through lifelong learning, veteran and military family support, and localized community engagement.

“The measure of business success must include community growth,” said Greg Hayes, Raytheon Technologies’ chief executive officer. “The Connect Up program leverages our global reach, the expertise and passion of more than 180,000 employees, a heritage of era-defining engineering and technology ingenuity, with a track record of solving some of society’s biggest challenges. Through focused investments, volunteer commitment and strategic partnerships, we will create lasting, multi-generational impact in education opportunity, armed services support and local community relief.”

To meet the pressing needs of communities, today and into the future, Connect Up combines philanthropic capital, public/private partnership and employee volunteerism to support underserved communities by:

  • Advancing lifelong learning, with a focus on providing access to STEM education to underrepresented communities — particularly communities of color — by partnering with groups like National Academy Foundation, SMASH and Girls Who Code.
  • Honoring public service by helping military personnel and their families advance education goals and supporting post-service transition to the civilian workforce with key partners including Student Veterans of America, American Corporate Partners and The Mission Continues.
  • Driving local community impact with organizations such as Feeding America and Boys & Girls Clubs of America that address social welfare to create a more equitable future.

In addition to philanthropy, employee volunteerism is central to the mission of Connect Up, and the company today launched an enterprise-wide employee volunteer initiative to provide opportunities for employees to connect with and give back to their communities. Raytheon Technologies will challenge the company’s 180,000 global employees to unlock the power of connections through 1 million acts of service in 2021, starting with the launch of its first-ever Global Month of Service in April.

For more information on Raytheon Technologies’ social impact initiatives and to stay updated on programs and investments, please visit us at RTX.com/social-impact 

About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.

Media Contact

Chris Johnson

C: 202.384.2474
[email protected]

 

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SOURCE Raytheon Technologies

SHAREHOLDER ALERT: Barr Law Group Investigating REZI, MMSI, RIDE, and PGZ; Shareholders are Encouraged to Contact the Firm

SAN DIEGO, April 06, 2021 (GLOBE NEWSWIRE) — National law firm Barr Law Group is investigating the actions of the officers and board of directors of Resideo Technologies, Inc., Merit Medical Systems, Inc., Lordstown Motors Corporation, and Principal Real Estate Income Fund.   If you are a current owner of shares of any of these stocks, contact [email protected] or call (619) 400-4966.

Resideo Technologies, Inc. (NYSE: REZI) Accused of Misleading Investors

On March 30, 2021, Judge Wilhelmina M. Wright of the United States District Court for the District of Minnesota issued an order denying the defendants’ motion to dismiss in the pending securities class action, paving the way for litigation to proceed. According to the complaint against Resideo Technologies, Inc. (NYSE: REZI) for alleged violations of the Securities Exchange Act of 1934 between October 29, 2018 and November 6, 2019, Resideo executives repeatedly reassured investors of the company’s business prospects, including that the company was poised to meet its 2018 guidance at the high end of its forecasted range, and that for 2019 the company would achieve organic growth. Further, while the company acknowledged it had experienced operational disruptions (primarily administrative) in connection with the October 2018 spin-off from Honeywell International Inc., defendants repeatedly assured investors that any negative effects of the spin-off were largely “behind [them].” Defendants failed to disclose that the negative operational effects of the spin-off were more substantial and persistent than disclosed and had negatively affected the company’s product sales, supply chain, and gross margins, putting Resideo’s financial forecasts at risk. To learn more about this investigation and your rights, visit: http://barrlaw.com/investor-contact. Representation is contingency based, no out of pocket costs.

Merit Medical Systems, Inc. (NASDAQ: MMSI) Accused of Misleading Investors

On March 29, 2021, Judge David O. Carter of the United States District Court for the Central District of California issued an order denying the defendants’ motion to dismiss in the pending securities class action, paving the way for litigation to proceed. According to the complaint against Merit Medical Systems, Inc. (NASDAQ: MMSI) for alleged violations of the Securities Exchange Act of 1934 between February 26, 2019 and October 30, 2019, Merit executives issued a series of false and misleading statements to investors concerning the integration of acquired companies, Merit’s product pipeline, and the company’s prospects and financial guidance. To learn more about this investigation and your rights, visit: http://barrlaw.com/investor-contact. Representation is contingency based, no out of pocket costs.

Lordstown Motors Corporation (NASDAQ: RIDE)
Accused of Misleading Investors

Barr Law Group is investigating Lordstown Motors Corporation regarding possible breaches of fiduciary duties and other violations of law by the company’s officers and directors. Before the markets opened on March 12, 2021, analyst Hindenburg Research published a scathing report on the electric light duty truck manufacturer entitled “The Lordstown Motors Mirage: Fake Orders, Undisclosed Production Hurdles, and a Prototype Inferno.” According to Hindenburg, the company’s claimed 100,000 pre-orders for its EV truck are “largely fictitious and used as a prop to raise capital and confer legitimacy.” Hindenburg further cited significant, undisclosed production delays and a prototype that “burst into flames 10 minutes before the test drive” in January 2021, substantiating claims by former employees that the company is not conducting the needed testing or validation required by the NHTSA. On this news, Lordstown shares fell by 17% in one trading day. Then, after the markets closed on March 17, 2021, reports emerged that Lordstown disclosed that the company is the subject of an SEC inquiry for information following the release of the Hindenburg Research report. Then before the markets opened on March 18, 2021, Lordstown’s CEO, Stephen Burns, appeared on CNBC and stated “We never said we had orders. We don’t have a product yet so by definition you can’t have orders.” Lordstown shares fell approximately another 9% on this news. Lordstown’s stock price has continued to fall, currently trading around $11 per share.   To learn more about this investigation and your rights, visit: http://barrlaw.com/investor-contact. Representation is contingency based, no out of pocket costs.

Principal Real Estate Income Fund (
NYSE:
PGZ)
Shareholder Rights Investigation

Barr Law Group is investigating Principal Real Estate Income Fund regarding possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders. To learn more about this investigation and your rights, visit: http://barrlaw.com/investor-contact. Representation is contingency based, no out of pocket costs.

Concerned shareholders are encouraged to contact Leo Kandinov to learn more:

[email protected]
(619) 400-4966
www.barrlaw.com

Barr Law Group is a boutique law firm consisting of highly experienced and specialized litigators who represent investors in securities litigation and corporate governance matters. The firm would be happy to further discuss these matters, and any legal rights or remedies potentially available to you, at no charge.

Attorney Advertising. Past results do not guarantee a similar outcome.

Contact:

Leo Kandinov, Partner
[email protected]
619-400-4966
501 W Broadway Suite 800
San Diego, CA 92101
www.barrlaw.com