Old World Industries Transforms Accounts Payable with OpenText

PR Newswire

Manufacturer increased processing speed by 33% with OpenText Vendor Invoice Management for SAP® Solutions

WATERLOO, ON, June 9, 2021 /PRNewswire/ — OpenText (NASDAQ: OTEX), (TSX: OTEX), today announced Old World Industries (OWI), a global supplier for the automotive and chemical industries, modernized their accounts payable (AP) processes with OpenText solutions. Implemented during the pandemic and a rapid shift to remote work, OWI improved AP processing time by 33%.

Best known for their PEAK® Performance brand of motor oil and antifreeze, OWI manages over a dozen leading consumer and commercial brands across 62 countries. The company needed to streamline their paper-based, AP process and eliminate the complexities associated with manual entry, compliance checks, and tracking. They sought a solution to complement their existing SAP® S/4HANA Enterprise Resource Planning (ERP) platform and implemented OpenText Vendor Invoice Management for SAP® Solutions just as the COVID-19 pandemic forced a major shift to remote work.

“Timing couldn’t have been more perfect to enable us to keep our business processes moving forward in a complete remote working environment,” said Donna Markey, Automotive Controller for Old World Industries. “We eliminated piles of paper and email backlog. More than 100 staff members have the tools they need to access and process invoices with ease and immediacy, reducing our cycle times which helps us eliminate late fees and focus more on validation and issue resolution.”

OpenText Vendor Invoice Management for SAP Solutions empowers digital procure-to-pay and order-to-cash business operations, such as accounts payable. The solution automates and optimizes the process of receiving, managing, and monitoring business critical documents for internal teams and external partners, customers, and vendors. With this solution, organizations can:

  • Accelerate invoice processing through rapid invoice data capture and automated routing
  • Increase ROI by reducing invoice cycle times and eliminating late fees
  • Improve productivity through intelligent automation
  • Ensure compliance through defined business processes and a documented audit trail

OWI added artificial intelligence including advanced document and character recognition capabilities of OpenText™ Intelligent Capture for SAP® Solutions to extract data from paper-based invoices and provide deep insights. Markey added, “As a result we are able to bypass manual data entry steps and focus on value-added tasks like analyzing relevant data and trends to better understand our vendors.”

“The pandemic forced many organizations to speed up their automation and digital business investments,” said Muhi Majzoub, Chief Product Officer at OpenText. “OpenText solutions empower OWI to not only keep critical business operations running smoothly and minimize disruptions caused by the pandemic, but also significantly improve the speed of their AP processes.”

OWI worked with OpenText Professional Services to implement the solution, successfully completing the project while working remotely.

To learn more about OpenText™ SAP® Solutions visit, https://www.opentext.com/products-and-solutions/products/opentext-suite-for-sap

Read the customer story here.

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

Connect with us:

OpenText CEO Mark Barrenechea’s blog 
Twitter | LinkedIn

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText’s current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText’s assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright © 2021 Open Text. All Rights Reserved. Trademarks owned by Open Text. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.

OTEX-G

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SOURCE Open Text Corporation

Bank7 Corp. Declares Quarterly Cash Dividend on Common Stock

PR Newswire

OKLAHOMA CITY, June 9, 2021 /PRNewswire/ — Bank7 Corp. (NASDAQ: BSVN), the parent company of Oklahoma City-based Bank7, today announced the declaration of a quarterly cash dividend of $0.11 per share on its outstanding common stock. The dividend will be paid on July 8, 2021, to shareholders of record as of the close of business on June 23, 2021.

About Bank7 Corp.

We are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate nine full-service branches in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area, and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets as well as pursue strategic acquisitions.

Cautionary Statements Regarding Forward-Looking Information

This communication contains a number of forward-looking statements. These forward-looking statements reflect Bank7 Corp.’s current views with respect to, among other things, future events and Bank7 Corp.’s financial performance. Any statements about Bank7 Corp.’s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Any or all of the forward-looking statements in (or conveyed orally regarding) this presentation may turn out to be inaccurate. The inclusion of or reference to forward-looking information in this presentation should not be regarded as a representation by Bank7 Corp. or any other person that the future plans, estimates or expectations contemplated by Bank7 Corp. will be achieved.

These forward-looking statements are subject to significant uncertainties because they are based upon:  the amount and timing of future changes in interest rates, market behavior, and other economic conditions; future laws, regulations, and accounting principles; changes in regulatory standards and examination policies, and a variety of other matters.  These other matters include, among other things, the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators. Bank7 Corp. has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that Bank7 Corp. believes may affect its financial condition, results of operations, business strategy and financial needs. Bank7 Corp.’s actual results could differ materially from those anticipated in such forward-looking statements as a result of risks, uncertainties and assumptions that are difficult to predict. If one or more events related to these or other risks or uncertainties materialize, or if Bank7 Corp.’s underlying assumptions prove to be incorrect, actual results may differ materially from what Bank7 Corp. anticipates. You are cautioned not to place undue reliance on forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made and Bank7 Corp. undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as may be required by law. All forward-looking statements herein are qualified by these cautionary statements.

Contact:

Thomas Travis

President & CEO
(405) 810-8600

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SOURCE Bank7 Corp.

DDB Worldwide Named 2021 Network of the Year by ADC

DDB Germany wins ADC Agency of the Year

PR Newswire

NEW YORK, June 9, 2021 /PRNewswire/ — DDB Worldwide has been named Network of the Year at this year’s 100th Anniversary of the ADC Award hosted by The One Club. The ADC Annual Awards is the world’s longest continuously running awards program recognizing global excellence in craft and innovation in all forms of design and advertising. This year presents creatives from around the world with the once-a-century opportunity to be part of history by winning a coveted ADC Cube in the prestigious show’s 100th awards season.

DDB Germany has also been named ADC’s Agency of the Year. Their work for Reporters Without Borders, The Uncensored Library, was awarded the Best of Discipline in Experiential Design, the coveted Black Cube for Best of Show, and the Designism Award. The Designism Award is given to one entry that encourages positive societal and political change.

In total, DDB Worldwide has been awarded 21 Cubes, including 7 Golds. DDB Paris took home 14 Cubes for clients Ubisoft, Volkswagen, and Glenmorangie. Adam&eveDDB has been awarded a Bronze Cube for their John Lewis Give a Little Love campaign.


Ari Weiss, Chief Creative Officer, DDB Worldwide said:
 “Advertising has always been one part art one part science. I had a boss once that said a great piece of communication is 80% craft and 80% idea. He wasn’t great at math, but he was great at making his point. To see our craft celebrated like this by an organization like ADC really validates the journey we’re on as a network to love the craftsmanship as much as we love the idea.”

ABOUT THE ONE CLUB
The One Club for Creativity is a not-for-profit organization that celebrates and serves the global advertising and design industries, and when the pandemic began to affect the world earlier in the year, we jumped to make adjustments to help our community.

ABOUT THE ART DIRECTORS CLUB
The Art Directors Club, known as ADC, was the first global organization to celebrate and award leaders in creative communications. Founded in New York by Louis Pedlar on August 13, 1920, the club was established to ensure advertising was judged by the same stringent standards as fine art.

ABOUT DDB WORLDWIDE   
DDB Worldwide (www.ddb.com) is one of the world’s largest and most influential advertising and marketing networks. DDB has been named 2021 Network of the Year by D&AD, ADC and numerous times by the Cannes International Festival of Creativity and the industry’s leading advertising publications and awards shows. WARC has listed DDB as one of the Top 3 Global Networks for 12 of the last 15 years. The agency’s clients include Volkswagen, McDonald’s, Unilever, Mars, Johnson & Johnson, and the U.S. Army, among others. Founded in 1949, DDB is part of the Omnicom Group (NYSE: OMC) and consists of more than 200 offices in over 90 countries with its flagship office in New York, NY.   

ABOUT OMNICOM   
Omnicom Group Inc. (NYSE: OMC) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.   

CONTACT   
Donna Tobin   
Global Chief Marketing & Communications Officer, DDB Worldwide   
Email: [email protected]
Phone: 617-620-0359   

Related Links  
http://www.ddb.com   

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SOURCE DDB Worldwide

National Retail Solutions & Koupon Expand Partnership to Offer CPG Brands Integrated, End-to End Customer Engagement Solutions at Convenience Stores Nationwide

Partnership will enable brand marketers to craft high-impact campaigns for C-store customers utilizing an intelligently integrated suite of coupons, retail display advertising, and transactional data

NEWARK, NJ, June 09, 2021 (GLOBE NEWSWIRE) — National Retail Solutions (NRS), a subsidiary of IDT Corporation (NYSE: IDT) and operator of the leading nationwide point-of-sale (POS) network for independent convenience and liquor stores, today announced the expansion of its partnership with Koupon, a leading provider of shopper engagement services, to significantly extend the reach of consumer packaged goods (CPG) brands through independent C-stores.

NRS and Koupon previously partnered to enable the 2+ million members of IDT’s popular BR Club shopper loyalty program to receive and use digital coupons. Our expanded partnership integrates these promotions with NRS’ digital and in-store displays and provides CPG brands and their agencies with access to actionable data analytics.

“We are excited to offer Koupon’s CPG clients a robust, integrated suite of advertising and data offerings,” said Eli Korn, Chief Operating Officer of NRS. “In-store coupons and promotions are significantly more effective when complemented by ads displayed on NRS’ customer-facing digital screens that are viewed by over 60 million eyeballs every month. Moreover, our actionable analytics platform provides CPG brands with unprecedented visibility into the impact of their promotions.”

“The BR Club loyalty program has long allowed Koupon to deliver value to consumers at independent retailers across the US at scale,” said Brad Van Otterloo, CEO of Koupon. “Now, by adding NRS as an advertising and data partner, we can expand our media program to further increase awareness of our CPG offers while remaining highly targeted to C-store consumers.”

The fast-growing NRS network now comprises over 14,000 POS terminals operated by independent retailers nationwide. The network terminals integrate software and hardware to provide services that help independent retailers compete more effectively with large retail chains. The NRS platform also expands CPG brands’ visibility and reach into key consumer segments.

“Our expanded partnership with Koupon is a revolutionary way for CPG brands to appeal to urban shoppers,” said Jacob Jonas, VP, Innovation for NRS. “These consumers are traditionally difficult for CPGs to reach because the independent retailers who serve them lack the technology to offer the same integrated promotions that chain stores routinely provide. We make it possible for CPGs to operate more effectively in this formerly opaque retail segment.”

About NRS

National Retail Solutions (NRS) is the leading point of sale (POS) provider for independently owned retailers, including convenience and liquor stores. Over 14,000 stores nationwide actively use NRS terminals to process over 58 million transactions per month. NRS offers CPG clients the ability to reach shoppers in independently owned stores via promotional offers and digital out-of-home advertising on the POS’ high definition, customer-facing checkout screen. Through the POS hardware and software bundle and associated retail services including NRS Pay, NRS empowers independent retailers to modernize and compete more effectively. To learn more, please visit nrsplus.com. NRS is a subsidiary of IDT Corporation (NYSE: IDT).

About BR Club

‘BR Club’ is the official loyalty program for customers of IDT Corporation’s (NYSE: IDT) Boss Revolution branded offerings and shoppers at stores that have NRS POS terminals. The program currently has over 2 Million members. BR Club members are offered monthly digital coupons at NRS retailers, discounts on Boss Revolution’s payments and international calling services, and discounts on travel, dining and more at BRClubsaves.com.

About Koupon

Koupon provides c-store retailers and brands with the easiest way to connect and engage with shoppers to grow sales. Koupon works with brands to easily deploy personalized, channel-wide promotions, and helps retailers to secure additional brand trade spending and grow shopper engagement. Members of the Koupon Network – the leading c-store collaborative with 30 of the top 50 C-store retailers and over 70 brands – realize the benefit from Koupon’s unmatched channel reach, proprietary technology and data, and campaign management services. Since its founding in 2011, Koupon has delivered over 4 billion offers. To learn more, please visit kouponmedia.com.

Contact:

Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: [email protected]



SouthEast Alaska Regional Health Consortium Expands Healthcare Access to Native Alaskan Communities with Nuance Dragon Ambient eXperience

Physicians in family medicine deploy Nuance DAX to increase access to patient care

PR Newswire

BURLINGTON, Mass., June 9, 2021 /PRNewswire/ — Nuance Communications, Inc. (NASDAQ: NUAN) today announced that SouthEast Alaska Regional Health Consortium (SEARHC) has deployed the Nuance® Dragon® Ambient eXperience™ (DAX™) solution to expand access to healthcare services. SEARHC physicians in Juneau and Sitka using Nuance DAX are reducing the time needed to complete clinical documentation and increasing their ability to see more patients each day.

“Nuance DAX is an important part of our plans to increase patient volumes by giving our providers a solution that reduces clinical documentation and administrative workloads,” said Dr. Cate Buley, Medical Director of Primary Care Clinics at SEARHC. “Nuance DAX empowers our providers to focus on patients instead of paperwork while helping us expand care access for the communities we serve. Physician satisfaction has been very high, including one doctor who reversed plans to switch to part-time work after using DAX, and another who called it ‘the best thing that’s ever happened’ for its practical benefits in everyday clinical use.”

Based on the results of the initial Nuance DAX deployment, primarily in family medicine, SEARHC hopes to increase typical daily patient volumes from about 10 to 14 patients per day for each physician. The health system also plans to expand the use of Nuance DAX to providers in psychiatry and other specialties.

SEARHC is one of the oldest and largest Native-run health systems in the United States, providing a range of healthcare services to 27 Southeast Alaskan communities. The health system also is planning a significant expansion that includes the construction of a new 25-bed hospital in Sitka with four operating rooms, lab and radiology facilities, and a medical office building.

“Improving the quality of patient care is a priority for all healthcare providers. And while methods and resources may vary, the desired outcomes are widely the same: quality care has been broadly defined as effective, timely, equitable and patient-centered,” said Diana Nole, Executive Vice President and General Manager of Healthcare at Nuance. “SEARHC and health systems of all sizes nationwide that use Nuance DAX report that it directly addresses their top priorities of providing high-quality, patient-centered care, increasing provider satisfaction and wellness, expanding healthcare access, and supporting long-term financial integrity. We are proud to support SEARHC in its efforts to expand healthcare access and improve the wellbeing of its communities.”

Nuance DAX extends the proven power of Nuance Dragon Medical, named the #1 Best in KLAS conversational AI speech-recognition solution and trusted by over 550,000 physicians globally, to create a fully voice-enabled and ambient exam room environment. With patient consent, the system securely captures the complete patient story and automatically creates detailed clinical notes from multi-party conversations during on-site and virtual encounters. It enables physicians to stay fully engaged with patients and improves clinical documentation quality and physician satisfaction by reducing the time needed to document care.

To learn more about Nuance DAX and view the explainer video, please click here.

About Nuance Communications
Nuance Communications (NASDAQ: NUAN) is a technology pioneer with market leadership in conversational AI and ambient intelligence. A full-service partner trusted by 77 percent of U.S. hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuitive solutions that amplify people’s ability to help others.

Trademark reference: Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc., or its affiliates in the United States and/or other countries. All other trademarks referenced herein are the property of their respective owners.


Media Contact


Nuance Communications

Caitlyn Keating

+1.781.565.8926
[email protected]

 

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SOURCE Nuance Communications, Inc.

Teddy Grahams Teams up with Save the Children’s 100 Days of Reading to Help Parents Support Children and Realize the Benefits of Reading

Summer-long program provides tips and tools to help parents lessen the weight of the pandemic on social and academic growth

PR Newswire

EAST HANOVER, N.J., June 9, 2021 /PRNewswire/ — This summer, Teddy Grahams is teaming up with Save the Children’s annual 100 Days of Reading campaign to support parents by offering tips, tools and resources to provide fun ways to keep kids reading and learning all summer long.

The pandemic challenged families like never before, especially academically and socially. According to Save the Children’s 2021 Childhood Report, over half of families say their children are spending less time learning.  The new summer program is aimed at addressing these issues and kicks off with “Lighten their Load,” an awareness video that shines a light on the burdens kids are bearing – from loss of learning and social connections to stress and isolation – that have given them more than they should carry. Continuing throughout the summer, the reading-based program will share weekly tips, curated book lists and wellness exercises, along with partnering with influencers for fun ways to inspire family reading. Teddy Grahams believes reading with kids can be magical, helping them develop their minds and emotions while they discover new worlds and nurture their imaginations.

“All children deserve to enjoy a carefree childhood, but too many families don’t have that opportunity, especially now recovering from a year with COVID-19,” said Yi Wang, Brand Manager, Teddy Grahams. “We’re teaming up with Save the Children to give parents and caregivers tools that can help. Through our efforts together, we aim to not only help those in greatest need, but also to provide free resources for all families to explore the wonderful world of reading.”

Teddy Grahams will share weekly resources on its official Instagram, @teddygrahams, in addition to committing $100,000 to the 100 Days of Reading campaign to help kids in need.

“Kids are facing significant learning gaps as a result of the pandemic and the shift to distance learning,” said Betsy Zorio, Vice President of U.S. Programs for Save the Children. “Together with Teddy Grahams, we are excited to provide parents with the resources to help close that gap and inspire a love of reading among their kids.”

Save the Children’s 100 Days of Reading is an annual campaign that gives kids fun ways to keep reading and learning all summer. Every link that is clicked or tapped by participants will help unlock donations of books, educational materials and critical meals for 750,000 kids living in some of America’s most impoverished, rural communities. Save the Children is working in these communities every day to ensure children are getting the early learning and educational support they need to be successful in school and life.

To support 100 Days of Reading follow @teddygrahams and @savethechildren on Instagram and Facebook or visit savethechildren.org/read.

Click – Tap – Read – For Kids in Need.

About Mondelez International

Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2020 net revenues of approximately $27 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or follow the company on Twitter at www.twitter.com/MDLZ

About Save the Children

Save the Children believes every child deserves a future. Since our founding more than 100 years ago, we’ve changed the lives of more than 1 billion children. In the United States and around the world, we give children a healthy start in life, the opportunity to learn and protection from harm. We do whatever it takes for children – every day and in times of crisis – transforming their lives and the future we share. Follow us on FacebookInstagramTwitter and YouTube.


Contacts: 



Adriana Torres-Plaza

[email protected]


Jane Corcoran

[email protected]

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SOURCE Teddy Grahams

HeadHunter Group PLC Announces Schedule of 2021 Annual General Meeting

MOSCOW, June 09, 2021 (GLOBE NEWSWIRE) — HeadHunter Group PLC (‘HeadHunter’ or the ‘Company’) (Nasdaq: HHR, MOEX: HHRU) will hold the 2021 Annual General Meeting (the ‘AGM’) on August 10, 2021, at 10.00 a.m. (Moscow time) with the record date of June 16, 2021, at the Company’s headquarters at bldg. 10, Godovikova str. 9, 129085, Moscow, Russia.

The AGM notice and forms of the shareholder’s proxy are available at the Company’s website: https://investor.hh.ru/governance/annual-general-meetings

Contacts:

Investor Inquiries
Arman Arutyunian
E-mail:  [email protected] 

Media Inquiries
Alexander Dzhabarov
E-mail: [email protected]

About HeadHunter Group PLC

HeadHunter is the leading online recruitment platform in Russia and the Commonwealth of Independent States focused on providing comprehensive talent acquisition services, such as access to extensive CV database, job postings (jobs classifieds platform) and a portfolio of value-added services.



HP Inc. Commits to Accelerate Digital Equity for 150 Million People by 2030

Announces release of annual Sustainable Impact Report, highlighting progress toward its goal of creating a more sustainable and just technology industry

News Highlights: Digital Equity

  • Launches HP PATH (Partnership and Technology For Humanity) program to pave the way toward digital equity for underserved communities around the world – focusing on education, healthcare and economic opportunities
  • Develops an accelerator that seeks to support disenfranchised communities by activating innovative solutions and services for 150 million people by 2030

News Highlights: 2020 Sustainable Impact Report

  • Drives more than US $1 billion in sales where sustainability was a key factor1
  • Reports 4% reduction in overall carbon footprint; reduces product use GHG emissions intensity by 33%; increases recycled plastic across its portfolio to 11%; and decreases single use plastic packaging by 19%
  • Maintains 100% zero deforestation for HP paper and achieved 99% for paper-based product packaging

PALO ALTO, Calif., June 09, 2021 (GLOBE NEWSWIRE) — As part of its Sustainable Impact strategy, HP Inc. (NYSE: HPQ) today announced an ambitious goal to accelerate digital equity for 150 million people by 2030. To help achieve its objective, the company announced the launch of HP PATH (Partnership and Technology for Humanity), an innovative accelerator program that will invest in local initiatives and partnerships to address challenges in underserved communities around the world focused on education, healthcare and the creation of economic opportunities.

Today’s announcement coincides with the milestone publication of HP’s 20th annual Sustainable Impact Report that highlights the progress the company is making across its core pillars of Climate Action, Human Rights and Digital Equity. It follows recent actions the company has taken to accelerate progress, including some of the industry’s most comprehensive climate action goals, as well as aggressive steps to drive diversity, equity and inclusion and respect human rights across its ecosystem.

“Our Sustainable Impact strategy is helping to strengthen our communities while spurring innovation and growth across our business. Creating technology that inspires progress has always been one of HP’s greatest strengths, and we continue to hold ourselves accountable for achieving the goals we have set,” said Enrique Lores, President and CEO, HP Inc.

“As digital technology transforms seemingly every aspect of our lives, there’s a real danger of more and more people getting left behind. We cannot allow that to happen, and HP will work to break down the digital divide that prevents too many from accessing the education, jobs, and healthcare they need to thrive,” Lores continued.

Accelerating Digital Equity

The COVID-19 pandemic didn’t create the digital divide, but it has certainly exacerbated it. During COVID-19, one-third of the world’s school-age children, or 463 million students, could not access remote learning. Beyond education, the digital divide can stand in the way of accessing modern healthcare and competitive job opportunities as digital transformation continues to accelerate. There’s also a cost to digital equity: the U.S. alone loses more than $130 million a day in economic activity when people aren’t online.

HP believes digital equity is a human right and has invested in HP LIFE, a free IT and business skills training program offered by the HP Foundation, and supports and partners with organizations including Girl Rising, MIT Solve and NABU to tackle this challenge.

Building on these efforts, HP commits to develop, launch, and manage a digital equity accelerator that seeks to support the digital equity of disenfranchised communities by activating innovative solutions and services for 150 million people by 2030.

HP believes true digital equity requires four key elements: hardware (e.g., laptop or printer); connectivity (e.g., access to the Internet); quality, relevant content (e.g., learning materials); and digital literacy, (e.g., skills to use the technology). HP’s work will focus on four specific communities that are most likely to experience the digital divide:

  • Women and girls;
  • People with disabilities (including aging populations);
  • Communities of color/marginalized groups;
  • Educators and practitioners – to address their respective digital inclusion constraints and opportunities.

This focus will contribute to the United Nations Sustainable Development Goals and help bridge needs with resources and holistic solutions—in particular, healthcare, education, and economic opportunity.

Introducing HP PATH (Partnership and Technology for Humanity)

HP’s Partnership and Technology for Humanity accelerator will pave the way for digital equity in underserved communities around the world, through partnerships, activation, innovation, collaborations, and direct communication with local leaders.

PATH’s initial phase will be centered on convening conversations to engage, listen and learn from communities around the world to better understand the root-cause issues and what resources and support are needed to create change together. From there, it will influence HP’s product innovation, partnerships, and acceleration of solutions that will drive impact. As part of this flagship accelerator, HP will also activate a fund that offers bundled, custom solutions. HP will continue to develop transformative innovation in HP products and services that accelerate digital equity while focusing on the company’s goal to drive better learning outcomes for 100 million people by 2025.

2020 Sustainable Impact Report

HP Sustainable Impact is integral to helping the company become the world’s most sustainable and just technology company. This work is essential for the sustainability of the planet and society, and it is an increasingly important driver of customer purchasing decisions, helping win more than $1 billion in sales in 2020—for the second consecutive year.

HP has remained steadfast in its commitment to accountability and transparency since the company published its first environmental and social impact report in 2001. In this year’s report, HP outlined the progress made in 2020 as well as improvements still needed – below are highlights and the full report executive summary can be found here.

Climate Action:

  • Achieved reductions in HP’s global carbon footprint (4%) and product use GHG emissions intensity (33%), increased recycled plastic across the portfolio (to 11%) and decreased single-use plastic packaging (19%).
  • Maintained 100% zero deforestation for HP paper and more than 99% zero deforestation for paper-based product packaging.
  • Launched the world’s most sustainable PC portfolio, the planet’s most comprehensive carbon neutral Managed Print Service offering, and more than 50 products made in part with ocean-bound plastic including the HP Elite, Pro, Z, Chromebook Enterprise, and Pavilion—the world’s first consumer notebook to include ocean-bound plastic.

Human Rights:

  • Established a Racial Equality and Social Justice Task Force to set comprehensive goals to confront systemic racism and inequality; hosted a series of town halls to explore new thinking, encourage understanding, conversation, and advocacy.
  • Last year, HP pledged to double the number of Black and African American executives inside the company by 2025 and is seeing progress, including a 50% increase in the composition of Black and African American executives thus far.
  • A steady increase of female leaders (32% in 2020; 31% in 2019 and 2018) and women in global functions (57% in 2020; 55% in 2019 and 2018); for the second year in a row, over 60% of U.S. new hires were from underrepresented groups, including women, U.S. ethnicities, people with disabilities and military veterans.

Digital Equity/COVID-19 Community Relief:

  • Drove focused initiatives to support hybrid learning and advance digital equity amid the global school shutdown, and moved halfway toward the company’s goal of enabling better learning outcomes for 100 million people by 2025—including seeing a 210% increase in enrollments in HP LIFE.
  • Provided relief and support for those affected by COVID-19, including mobilizing our 3D printing network to develop and deliver more than 4 million critical supplies to healthcare workers, donating more than $13 million in products through HP’s community giving program, and providing $3 million in grants from the HP Foundation.

Inaugural Sustainable Bond Framework

This week HP also announced the release of its Sustainable Bond Framework to help inform and guide investments in projects that it believes will help meet its goals and achieve a more sustainable and just future. In addition, it announced the pricing of $1 billion of its inaugural sustainability notes. As part of the $2 billion overall debt offering, these bonds are designed to empower investors to join HP in tackling important economic, social and sustainability issues. More information can be found here.

HP recognizes meeting ambitious 2030 goals will require support from employees, suppliers, vendors and partners. That’s why HP mobilized an expansive network to extend its Sustainable Impact strategy, empowering HP’s employees to set their own Sustainable Impact goals, and established a first-of-its-kind HP Amplify Impact™ partner program that enables partners to drive meaningful change across the global IT industry.

Learn more

Visit the following links for more details:

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.

Media Contact

[email protected]

©Copyright 2021 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.


1 In 2020, for the second consecutive year, we tracked more than $1 billion in sales wins (total contract value) in which sustainability criteria were a known consideration and were supported actively by HP’s Sustainability and Compliance organization.



Sumo Logic Hosts The Modern SOC Summit to Usher in New Era of Security

New Products and Enhancements Help SOC Teams Achieve Greater Cyber Resilience and Solidify Sumo Logic as a Leader in Rapidly-Evolving SIEM and SOAR Markets;

Company Launches Preview of New Global Intelligence Service for Security Insights Enabling SecOps Teams to Benchmark and Identify Threats to Optimize Security Posture;

Expands Partner Ecosystem with New Integrations with ServiceNow and Zscaler

REDWOOD CITY, Calif., June 09, 2021 (GLOBE NEWSWIRE) — Sumo Logic (Nasdaq: SUMO), the pioneer in continuous intelligence, today ushered in a new era of modern security operations at The Modern SOC Summit, a free virtual event bringing security and IT professionals together to re-think strategies to modernize security operation center (SOC) and understand the latest in cloud-native security. The company unveiled its vision for the future of security with product innovations across SIEM, SOAR and security analytics, new partner integrations, and best practices to help SOC teams prioritize security insights, rapidly respond to threats in real time, and achieve greater cyber resilience.

During this week’s Modern SOC Summit, attendees receive hands-on training with cloud-native security, and learn best practices and forward-looking trends from cybersecurity experts including Byron Acohido, Executive Producer of The Last Watchdog on Privacy and Security; Pete Tseronis with Dots and Bridges; Adrienne Lotto of New York Power Authority, David Wells of the U.S. Department of Energy; and presentations from Sumo Logic customers on the leading-edge of security operations, including Accolade, Catena Media, Dolby Laboratories, as well as partners including AWS, Expel.io, Optiv, and VMware Carbon Black.

“Recent events illustrate the threats every organization faces from cybercriminals. As attacks become more sophisticated, it’s critical for organizations to keep ahead of the evolving state of security, and embrace solutions best positioned to address both current and future needs. The only way to effectively do this is through a cloud architected service that automates security workflows and has advanced threat detection to address modern security operation challenges,” said Greg Martin, Vice President and General Manager for Sumo Logic’s Security Business Unit. “We’re excited to bring together the Sumo Logic community this week at The Modern SOC Summit to share best practices and showcase new cloud security innovations. It’s going to take all of us leaning in, working together to tackle modern security threats.”

Sumo Logic Delivers New Security Innovations

  • Sumo Logic Cloud SOAR – Sumo Logic recently completed its acquisition of DFLabs, a provider of SOAR software solutions. The Sumo Logic Cloud SOAR with its open architecture makes it possible for security practitioners to:

    • Improve productivity by automating common, repetitive tasks.
    • Establish repeatable incident response workflows, orchestrating across the entire security and IT ecosystem.
    • Measure and optimize the performance of your security operations and incident response program using one intuitive and collaborative platform.
  • Sumo Logic Cloud SIEM Powered by AWS – The company recently announced the availability of a new multi-cloud and hybrid threat protection offering powered by Amazon Web Services, Inc. (AWS). The solution, Sumo Logic Cloud SIEM Powered by AWS, is built on the Sumo Logic Continuous Intelligence Platform™ and incorporates its security intelligence portfolio which includes compliance, security analytics, and Cloud SIEM technologies with out of the box integration with key AWS security services, and integrations with cloud-based SaaS and on-premises security services. The new solution is available in AWS Marketplace and provides deep insights to eliminate security blind spots across multi-cloud and hybrid environments to enhance security posture, and reduce an organization’s risk profile.

  • Preview of Global Intelligence for Security Insights – Sumo Logic is expanding its Global Intelligence Service (GIS) with a preview of Global Intelligence for Security Insights. The new Insight confidence scores will give analysts more information to help prioritize investigations. This confidence score is generated by matching the pattern of signals seen in the Insight to similar patterns from previous insights from your company and anonymized data from across our global community.

  • New Cloud Security Monitoring and Analytics Apps – Sumo Logic unveiled five new apps to help customers with cloud security monitoring and analytics. These apps take advantage of new dashboards to provide a cohesive view into security posture and analytics for day-to-day operations empowering security and IT teams to quickly understand and respond to security issues. Initial apps use AWS Cloud Trail, AWS VPC Flows, Palo Alto Networks Firewall, Windows, and Linux as data sources.

Expansion of Partner Ecosystem with Zscaler and ServiceNow Integrations

  • Expansion of Sumo Logic’s Modern Enterprise Security Architecture (MESA) framework – This continued expansion is to help address ever expanding attack surfaces, new threats to address modern SOC and DevSecOps requirements for cloud and on-premises deployments.

  • ServiceNow Security Incident Response Integration – Now in beta, the new ServiceNow Security Incidents Response integration combines real-time insights from Sumo Logic’s Cloud SIEM Enterprise solution with ServiceNow’s Incident reference, and closure of the associated Insight upon Incident completion. Additional features include integration of an Insight’s MITRE ATT&CK tags, extracting IOCs from Insights as Observables associated with the Incident, and enriching ServiceNow Configuration Items using host and IP entity types.

  • Zscaler Private Access and Zscaler Internet Access Integration – Sumo Logic integration with Zscaler Private Access (ZPA) is now available with dashboards that assist IT and security ops teams in keeping ZPA healthy and business-critical applications protected. Integration includes built-in mappers, enabling use of ZPA data in Signal creation.

Sumo Logic Cloud SIEM Now Part of Comprehensive Compliance Certifications

Cloud SIEM Enterprise is now included in Sumo Logic’s ISO 27001, CSA STAR, HIPAA, PCI, and SOC 2 Type 2 certifications. Unlike other fragmented approaches to compliance, Sumo Logic offers a single platform fabric for compliance with key certifications that provides organizations with the trust, assurance, best practices in Cloud Security and software supply chain leading to better ROI. These certifications apply to Cloud SIEM Enterprise customers in Sydney and U.S.-East, as well as all prospects in the U.S.-West. As Cloud SIEM Enterprise is available in additional Sumo Logic regions, customers in these regions will be available to leverage these certifications.

“There are a few essential skills the modern Chief Security Officer must have. The first is knowledge of the business to better align a security strategy to company objectives without being a blocker to innovation. The second is technical breadth, specifically around the modern technologies developed to counter new and advanced threats” says George Gerchow, Chief Security Officer at Sumo Logic. As a CSO, I know first hand the challenges SOC teams are facing, particularly given the evolving threat landscape and legacy solutions that can’t keep up with the tsunami of data. The Modern SOC Summit will help modern enterprises go all-in on bringing together the technology and security innovations of today, and using those tools and techniques to redefine how we do security operations.”

Sumo Logic Solidifies Security Market Leadership with Industry Accolades

Sumo Logic continues to demonstrate its market leadership in cloud security through numerous recent industry recognitions that honor its commitment to delivering a comprehensive solution to secure the cloud journey, match the changing attack surface, and bring innovation back to the SOC including:

  • Best SIEM Solution for the 2021 SC Awards Europe – Cloud SIEM was named the Best SIEM Solution due to the strong alignment with customers’ needs at the SC Awards in Europe.

  • Best SIEM Solution for the 2021 Global InfoSec Awards – Sumo Logic was named the Best SIEM Solution for its cloud SIEM that empowers users with enhanced security and visibility across different environments.

  • CRN Security 100 – Sumo Logic was recognized this year as one of the top 20 vendors in the SIEM, risk and threat intelligence space.

Additional Resources


  • Learn
    about Sumo Logic’s security solutions to help modernization security operations

  • Watch
    this video to get a quick overview of the Sumo Logic Cloud SIEM solution

  • Sign up for a free trial
    of Sumo Logic

About Sumo Logic

Sumo Logic Inc. (Nasdaq: SUMO) is the pioneer in continuous intelligence, a new category of software, which enables organizations of all sizes to address the data challenges and opportunities presented by digital transformation, modern applications, and cloud computing. The Sumo Logic Continuous Intelligence Platform™ automates the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights within seconds. More than 2,100 customers around the world rely on Sumo Logic to build, run, and secure their modern applications and cloud infrastructures. Only Sumo Logic delivers its platform as a true, multi-tenant SaaS architecture, across multiple use-cases, enabling businesses to thrive in the Intelligence Economy. For more information, visit www.sumologic.com.

Sumo Logic is a trademark or registered trademark of Sumo Logic in the United States and in foreign countries. All other company and product names may be trademarks or registered trademarks of their respective owners.

Any information regarding offerings, updates, functionality, or other modifications, including release dates, is subject to change without notice. The development, release, and timing of any offering, update, functionality, or modification described herein remains at the sole discretion of Sumo Logic, and should not be relied upon in making a purchase decision, nor as a representation, warranty, or commitment to deliver specific offerings, updates, functionalities, or modifications in the future.

Media Contacts

Melissa Liton
Sumo Logic
[email protected]
(650) 814-3882



Castor Maritime Inc. Announces Delivery of the M/V Magic Eclipse and New Charter Agreement

LIMASSOL, Cyprus, June 09, 2021 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on June 7, 2021, it took delivery of the M/V Magic Eclipse, the 2011 Japanese-built Panamax dry bulk vessel it had agreed to acquire as previously announced on April 9, 2021. The M/V Magic Eclipse acquisition was financed in its entirety with cash on hand.

The M/V Magic Eclipse commenced employment today under a time charter contract at a daily gross charter rate of $26,500 and with an expected term of about 105 days.


About Castor Maritime Inc.

Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels.

On a fully delivered basis, Castor will own a fleet of 26 vessels, with an aggregate capacity of 2.2 million dwt, consisting of 1 Capesize, 7 Kamsarmax and 10 Panamax dry bulk vessels, as well as 1 Aframax, 5 Aframax/LR2 and 2 MR1 tankers. Where we refer to information on a “fully delivered basis”, we are referring to such information after giving effect to the successful consummation of our recent vessel acquisitions.

For more information please visit the Company’s website at www.castormaritime.com 
Information on our website does not constitute a part of this press release.


Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. We desire to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are including this cautionary statement in connection with this safe harbor legislation. The words “believe”, “anticipate”, “intend”, “estimate”, “forecast”, “project”, “plan”, “potential”, “will”, “may”, “should”, “expect”, “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include general dry bulk and tanker shipping market conditions, including fluctuations in charter hire rates and vessel values, the strength of world economies the stability of Europe and the Euro, fluctuations in interest rates and foreign exchange rates, changes in demand in the dry bulk and tanker shipping industry, including the market for our vessels, changes in our operating expenses, including bunker prices, dry docking and insurance costs, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, the length and severity of the COVID-19 outbreak, the impact of public health threats and outbreaks of other highly communicable diseases, the impact of the expected discontinuance of LIBOR after 2021 on interest rates of our debt that reference LIBOR, the availability of financing and refinancing and grow our business, vessel breakdowns and instances of off-hire, potential exposure or loss from investment in derivative instruments, potential conflicts of interest involving our Chief Executive Officer, his family and other members of our senior management, and our ability to complete acquisition transactions as planned. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.


CONTACT DETAILS

For further information please contact:

Petros Panagiotidis
Castor Maritime Inc.
Email: [email protected] 

Media Contact:
Kevin Karlis
Capital Link
Email: [email protected]