Market Newsdesk

TORONTO, March 8, 2021 /CNW/ – CIBC (TSX: CM) (NYSE: CM) today released its 2020 Sustainability Report, providing an update on the bank’s sustainability progress across all areas of its operations. The report also provides examples of how CIBC is tackling relevant sustainability challenges head on – from climate change and social justice issues to the economic challenges faced by families, businesses and communities.

“2020 was an unprecedented year for the global economy as we faced a pandemic that had deep repercussions for society. Guided by our purpose of helping make ambitions real, we responded to COVID-19 and the accompanying social and economic disruption by decisively supporting our clients, team members and communities,” said Victor G. Dodig, CIBC President and CEO. “We also mobilized our people, resources and expertise to move towards a lower carbon world and a more sustainable and inclusive economy.” 

Over the past few years, CIBC has accelerated its contribution to creating a more sustainable future. In 2020, the bank intensified its investments in key environmental, social and governance (ESG) initiatives. Highlights from the past year include:

• CIBC made continued progress against its target of mobilizing $150 billion for environmental and sustainable finance by 2027, achieving 28% of its 10-year target over the last three years.
• CIBC issued a US$500 million, five-year green bond to help finance new and existing green projects, assets, and businesses that mitigate the risks and effects of climate change. These include renewable energy, green buildings, clean transportation, natural resource conservation, biodiversity conservation, energy efficiency, and pollution prevention and control.
• CIBC was recognized by CDP as one of the highest-ranking Canadian financial institutions and in the top-tier of global banks for climate change actions with a score of A-.
• The bank expanded its inclusion targets to ensure that newly-recruited team members reflect the communities and clients served by CIBC, including actively seeking top talent from the Black community. CIBC President and CEO, Victor Dodig, co-chairs the BlackNorth Initiative, which encourages leading organizations in Canada to make specific commitments to combat anti-Black systemic racism.
• CIBC invested $75 million in more than 4,800 community organizations across North America, toward its target of $350 million between 2019 and 2023.
• More than 6,500 CIBC team members volunteered and raised funds in the annual Canadian Cancer Society CIBC Run for the Cure, which was reimagined as a hybrid virtual and physical experience.

Variable compensation tied to ESG
Building on these results, CIBC aligned its variable incentive plan to its ESG performance, becoming one of the first Canadian banks to link employee and executive pay to ESG-related criteria. As more investors seek to invest in companies that perform better on ESG metrics and policy makers increasingly look to banks to support the transition to a low-carbon economy, CIBC’s incentive compensation will be tied to performance towards its sustainable finance investment target and other key metrics.

Transparency in reporting
CIBC’s approach to sustainability reporting continues to evolve, reflecting the bank’s commitment to continuous improvement, transparency and being responsive to the information needs of its stakeholders:

• During 2020, CIBC completed a materiality assessment to better understand the issues that matter most to stakeholders. The bank commissioned an independent research consultancy to study priority issues and drivers of trust among CIBC’s key stakeholders.
• CIBC’s reporting is aligned with international standards, including the Global Reporting Initiative, Sustainability Accounting Standards Board and the United Nations Sustainable Development Goals.

More recently, CIBC has announced the following commitments:  

• RMI’s Center for Climate Aligned Finance as a Strategic Partner and the first Canadian bank to announce its partnership in the Center’s efforts to develop the agreements and tools necessary to align financial decision-making with the long-term decarbonization of the real economy.
• Partnership for Carbon Accounting Financials (PCAF), an initiative led by the financial industry to develop a harmonized global standard to measure and disclose the greenhouse gas emissions (GHG) of loans and investments.
• CIBC is further investing in Black leaders, changemakers and entrepreneurs by doubling funding for education and resource programs for the Black community to $2 million annually. This includes the creation of a scholarship program, and the opportunity for internship and mentorship experiences, aimed at supporting members of the Black community in achieving their ambitions.

For more details on our progress, please read CIBC’s 2020 Sustainability Reportand accompanying ESG Data Tables detailing the bank’s five-year performance trends, and our website to learn more about sustainability at CIBC.

About CIBC

CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and Small Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada with offices in the United States and around the world. Ongoing news releases and more information about CIBC can be found at https://cibc.mediaroom.com/.

SOURCE CIBC

INDIANAPOLIS, March 9, 2021 /PRNewswire/ — New data from 10 studies will be presented by Eli Lilly and Company (NYSE: LLY) at the upcoming virtual International Conference on Alzheimer’s & Parkinson Diseases^™ 2021 (AD/PD^™ 2021), March 9-14, 2021. Lilly will present detailed results of the TRAILBLAZER-ALZ phase 2 study, which showed that donanemab treatment resulted in significant slowing of decline in a composite measure of cognition and daily function in people with early symptomatic Alzheimer’s disease (AD) compared to placebo. Additional data highlight Lilly’s AD program focused on developing both disease-modifying therapies that slow clinical progression by targeting the underlying causes of AD and novel diagnostics and biomarkers to enable a timely and more accurate diagnosis.

“These data bring us hope that we are closer to finding solutions for people and their families suffering from this devastating disease,” said Mark Mintun, M.D., vice president of Alzheimer’s disease development unit, Eli Lilly and Company. “We are proud of our research findings and encouraged by the possibility to accelerate the diagnosis of Alzheimer’s disease and the development of innovative treatments to stop it.”

For over 30 years, Lilly has been committed to bringing innovative AD therapies and diagnostics to patients and continues to lead the research field. Lilly’s neurodegeneration pipeline reflects innovation, investments and collaborations aimed at the entire spectrum of AD, including disease-modifying therapies that target the underlying causes of the disease, symptomatic therapies, and imaging and blood biomarkers to support earlier detection.

The breadth of data being presented at the meeting reflects Lilly’s expertise in blood-based screening and amyloid and tau imaging. These diagnostic strategies are also integrated into Lilly’s robust approach to AD clinical trials including the TRAILBLAZER-ALZ trials. Studies being presented include (please note, times listed below are Central European Time (CET) as virtual conference will be hosted from Barcelona and may be subject to change):

Donanemab

• Donanemab Slows Progression of Early Symptomatic Alzheimer’s Disease in Phase 2 Proof of Concept Trial
  Symposium, Saturday, March 13, 2021, 12:00-13:30 PM CET/ 6:00-7:30 AM EST

Blood Biomarker Data

• Plasma P-Tau217 Predicts Longitudinal Amyloid Accumulation, Tau Burden, Brain Atrophy and Cognitive Decline in Early Alzheimer’s Disease
  Symposium, Wednesday, March 10, 2021, 12:00-14:00 PM CET/ 6:00-8:00 AM EST

• Prediction of Plasma Phosphorylated Tau 181 and 217 for Amyloid and Tau PET in the Population-Based Mayo Clinic Study of Aging
  Symposium, Friday, March 12, 2021, 10:00-12:00 PM CET/4:00-6:00 AM EST

• Plasma Amyloid, P-Tau217, NFL, and GFAP as Biomarkers of Amyloid Pathology in Cognitively Healthy Individuals
  Symposium, Saturday, March 13, 2021, 8:00-10:00 AM CET/ 2:00-4:00 AM EST

• Plasma P-Tau 181, P-Tau 217 and other Blood-Based Alzheimer’s Disease Biomarkers in a Multi-ethnic, Community Study
  Symposium, Saturday, March 13, 2021, 8:00-10:00 AM CET/2:00-4:00 AM EST

• Prediction of Alzheimer’s Disease Dementia Using Plasma P-Tau217 in Combination with other Non-Invasive Measures: Longitudinal Study from the Bio finder and ADNI Cohorts
  Symposium, Saturday, March 13, 2021, 8:00-10:00 AM CET/ 2:00-4:00 AM EST

• Plasma Phospho-Tau Identifies Alzheimer’s Disease Co-Pathology in Patients with Lewy Body Disease with Dementia
  Symposium, Saturday, March 13, 2021, 8:00-10:00 AM CET/ 2:00-4:00 AM EST

 Public/Private Collaborations

• Advances in Alzheimer’s Disease Prevention Trials: DIAN-TU Updates and Transition to Blood Test
  Symposium, Saturday, March 13, 2021, 12:00-13:30 PM CET/6:00-7:30 AM EST

Mevidalen/D1PAMs

• Preclinical Pharmacology and Early Clinical Development of D1 Positive Allosteric Modulators with Therapeutic Potential for Neuropsychiatric Disorders
  Symposium, Wednesday, March 10, 2021, 12:00-14:15 PM CET/6:00-8:15 AM EST

• Results of the Presence Study Evaluating Mevidalen for the Treatment of Lewy Body Dementia (LBD)
  Symposium, Sunday, March 14, 202110:00-11:45 AM CET/ 4:00-5:45 AM EST

About Alzheimer’s Disease

Alzheimer’s disease is a fatal illness that causes progressive decline in memory and other aspects of cognition. Dementia due to Alzheimer’s disease is the most common form of dementia, accounting for 60 to 80 percent of all cases¹. There are currently over 50 million people living with dementia around the world, with numbers expected to increase to nearly 152 million by 2050². Almost 10 million new cases of dementia are diagnosed each year worldwide, implying one new case every 3 seconds, and a significant increase in the caregiving burden placed on society and families.  In the US alone, there was an increase of 8 million new caregivers from 2015 to 2020³. The current annual societal and economic cost of dementia is estimated at $1 trillion, an amount that is expected to double by 2030 unless we find a way to slow the disease.

About Avid Radiopharmaceuticals
The mission of Avid Radiopharmaceuticals, a wholly owned subsidiary of Lilly, is to discover and develop radiopharmaceuticals and imaging methods that improve global health by accelerating the development of new medicines and enabling a tailored approach to healthcare.

About Eli Lilly and Company

Lilly is a global health care leader that unites caring with discovery to create medicines that make life better for people around the world. We were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and today we remain true to that mission in all our work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism. To learn more about Lilly, please visit us at lilly.com and lilly.com/newsroom. P-LLY

Lilly Cautionary Statement Regarding Forward-Looking Statements 

This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about donanemab as a potential treatment for people with early symptomatic Alzheimer’s disease and reflects Lilly’s current beliefs and expectations. However, as with any such undertaking, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there is no guarantee that future study results will be consistent with study results to date, that donanemab will prove to be a safe and effective treatment, or that donanemab will receive regulatory approval. For further discussion of these and other risks and uncertainties, see Lilly’s Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.

¹ https://www.alz.org/alzheimers-dementia/facts-figures 
² https://www.alz.co.uk/research/WorldAlzheimerReport2019.pdf 
³ https://www.aarp.org/content/dam/aarp/ppi/2020/05/full-report-caregiving-in-the-united-states.doi.10.26419-2Fppi.00103.001.pdf

 

 

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SOURCE Eli Lilly and Company

NEW YORK, March 9, 2021 /PRNewswire/ — Meredith Corporation‘s (NYSE: MDP) PARENTS released its second annual list of Best Green Cleaners, a selection of over 20 sustainable, efficient, and affordable products that are designated eco-friendly by a team of PARENTS editors and experts. PARENTS Best Green Cleaners 2021 are featured in the April issue, available now and online at Parents.com/greenclean.

“At a time when we’re hanging at home more than ever, a tidy space feels like a big accomplishment,” says Editor in Chief Julia Edelstein. “For the second year in a row, we tested eco-friendly formulas to find out which ones get surfaces clean and leave the planet intact too.”

PARENTS editors and experts vetted more than 100 products free of ammonia, hydrochloric acid, petroleum, phthalates, and sodium hydroxide (except in small amounts for pH balance)—the five chemical ingredients that PARENTS advisor Philip Landrigan, M.D., a pediatrician and director of the Global Observatory on Pollution and Health at Boston College, cited as most concerning to the environment. Families rated the products’ effectiveness on kid stains and routine cleanup. To pick the winners, the PARENTS team also factored in price and the sustainability of the packaging, a suggestion from Surili Sutaria Patel, director of the Center for Climate, Health, and Equity at the American Public Health Association.

PARENTS Best Green Cleaners 2021 are listed below by category and are available online at Parents.com/greenclean.

GERM FIGHTERS

Best Disinfecting Wipes (Tie): CleanWell Botanical Disinfecting Wipes and Arm & Hammer Essentials Disinfecting Wipes

Best Scented Disinfectant: Seventh Generation Disinfectant Spray

Best Fragrance-Free Disinfectant: Honest Disinfecting Spray

KITCHEN ESSENTIALS

Best Baby-Bottle Soap: Dapple Baby Bottle & Dish Soap

Best for Countertops: Boulder Clean Natural Granite + Stainless Cleaner

Best Dishwasher Cleaner: Lemi Shine’s Dishwasher Cleaner

Best Dishwasher Pods: Boulder Clean Dishwasher Detergent Power Packs

Best Liquid Dish Soap: Thrive Market Dish Soap

Best Powder Dish Soap: Blueland Dish Soap Starter Set

BATHROOM ESSENTIALS

Best Bathroom Cleaner: AspenClean Bathroom Cleaner

Best Scrub: Mrs. Meyer’s Clean Day Surface Scrub

Best Toilet Bowl Cleaner: Method AntiBac Toilet Bowl Cleaner

LAUNDRY ESSENTIALS

Best Baby Laundry Detergent: Babyganics 3X Lavender Laundry Detergent

Best Fabric Softener: Mrs. Meyer’s Clean Day Fabric Softener

Best Laundry Pods: Brandless Laundry Detergent Packs

Best Liquid Laundry Detergent: PUR Home Laundry Detergent

Best for Mealtime Messes: Disney Baby ECOS Stain & Odor Remover

Best for Set-In Spots: Kids ‘N’ Pets Instant All-Purpose Stain & Odor Remover

Best for Spills on the Go: Babyganics Fragrance Free Stain Eraser

FLOOR ESSENTIALS

Best All-Purpose Floor Cleaner: Squeak Floor Me Floor Cleaner

Best Disinfecting Floor Cleaner: Bona PowerPlus Antibacterial Hard-Surface Floor Cleaner

Best Mop Set: The Maker’s Mop

Best Spray Mop: Libman Freedom Spray Mop

For more information on PARENTS Best Green Cleaners 2021, visit Parents.com/greenclean.

ABOUT PARENTS
PARENTS, the leading source for busy, millennial moms, reaches 8.3 million readers monthly through an award-winning magazine and over 19 million readers on its digital and social platforms. With an understanding that raising good people is the most important job, PARENTS serves up trusted advice that empowers moms and dads to care for their kids with confidence and find ways to enjoy the ride. PARENTS is produced by Meredith Corporation (NYSE: MDP).

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SOURCE Meredith Corporation

VANCOUVER, BC, March 9, 2021 /PRNewswire/ – RYU Apparel Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB: RYAA) (“RYU” or the “Company“), creator of urban athletic apparel, is pleased to announce four key updates.

RYU Apparel Stores Reopening in April 2021

A key step in RYU’s omni-channel strategy and corporate re-set is the reopening the Company’s flagship stores that have been closed due to the global COVID-19 pandemic. The reopening of the Company’s Vancouver and Toronto stores is scheduled for Saturday, April 16, 2021.

Known for its interactive experiences, customer service, and community events, RYU’s stores have always been a cornerstone to the Company’s brand and culture. Once re-opened, customers will be able to once again enjoy bespoke shopping experiences that include:

• Personalized product education for every customer to ensure the products they are being outfitted with will best meet their performance needs
• Exclusive, limited seasonal products
• In stock, best-selling “hero items”
• Health and wellness focused special events
• Enhanced measures to ensure health and safety of our customers

RYU Apparel Expands in Europe and the UK

RYU continues its rapid expansion across channels, driven by recent operational changes, including a streamlined supply chain and the move to the Shopify ecommerce platform.

The first regions outside North America that RYU is expanding into are the fast-growing markets of Europe and the UK.

According to market research, revenues in the sports apparel market are estimated to reach around US $208 billion by 2025¹ with US $2.3 billion of projected demand being added from Germany and US $1.9 billion from the rest of Europe². This sector growth coincides with a pandemic-driven spike in ecommerce that is projected to continue³.

This expansion comes at a decisive moment in RYU’s growth plan as the Company globalizes its exposure through its sponsorship of Canada’s skateboard Olympic team. Other partners of the team include global brands such as 7-Eleven, Red Bull, and Swatch.

“We are delighted to open our incredible line-up of products to customers in Europe and the UK through our ecommerce  store,” said RYU CEO Cesare Fazari. “Europe is a growing market for sports apparel and our expansion into the market is another key strategic milestone achieved in our global-omni channel strategy.” 

Customers in Europe will enjoy the very same shopping experience and customer service on RYU.com while having slightly longer delivery times and standard VAT or local taxes. 

RYU Apparel Secures $1 Million Inventory Loan

On March 8^th the Company entered into a loan agreement (the “Loan Agreement“) with Aladdin Ventures Inc. (the “Lender“), pursuant to which the Lender has agreed to loan to RYU the principal amount of $1 million (the “Loan“). The term of the loan is 12 months from the date that the Loan is advanced by the Lender to RYU (the “Maturity Date“) and the principal balance of the Loan and any interest owed is payable in full on the Maturity Date. The Loan is subject to a 2% fee, which shall be deducted directly from the principal amount of the Loan. Interest on the Loan will be 8% per annum of simple interest and is to be paid quarterly.

The Company intends to use the loan primarily for inventory purchases for replenishment of top-selling styles, Fall 2020, and Spring 2021 collections. In addition, funds will be allocated to general working capital to accelerate growth through current and future marketing and sales initiatives, including continued wholesale roll out across Canada, Mexico, and the United States, the re-opening of flagship stores, as well as bolstering the Company’s ecommerce business.

An existing shareholder of the Company has agreed to provide a personal guarantee to secure repayment of the Loan. In consideration for providing the personal guarantee by way of a share pledge agreement, RYU has agreed to issue the guarantor, as a bonus, an aggregate of 1,333,333 common shares (the “Loan Bonus Shares“) of the Company. The Loan and the issuance of the Loan Bonus Shares are subject to the approval of the TSX Venture Exchange.

The Loan Bonus Shares will be subject to a four-month plus one-day hold period in accordance with applicable securities laws.

COO Rob Blair Option Granted Stock Options and Restricted Share Units     

Recently appointed Chief Operational Office (COO) Mr. Blair has brought nearly two decades of experience building high-growth iconic apparel and sportswear brands to the RYU team. As an industry expert in design, merchandizing and corporate brand strategy, Mr. Blair has worked with iconic athletic apparel brands Red Bull, lululemon, Gap Body and Nike. Mr. Blair is preparing to unveil a “digitally first” strategic plan, integrating the customer experience across channel, as well as expanding the key markets in North America and around the world to accelerate growth in the company.

Per his employment agreement Mr. Blair will have the option to purchase 2,000,000 common shares of the Company (the “Options”) which will vest immediately following grant of the Options and expire on the date which is three (3) years from the Start Date; and 3,000,000 restricted shares units (the “RSUs”), which will vest over three years as follows:
a. 1,000,000 RSUs will vest on the date which is one year from the Start Date;
b. 1,000,000 RSUs will vest on the date which is two years from the Start Date; and
c. 1,000,000 RSUs will vest on the date which is three years from the Start Date.

About RYU Apparel

RYU Apparel (TSXV: RYU, OTCQB: RYPPF), or Respect Your Universe, is an award winning urban athletic apparel and accessories brand engineered for the fitness, performance for those living active lives. Designed without compromise for fit, comfort, and durability, RYU exists to facilitate optimal human performance. For more information, please visit the RYU website at: http://ryu.com 

RYU APPAREL INC.

“Cesare Fazari“
 

Cesare Fazari, CEO
Tel: 1–844–535–2880

This news release contains forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as the statement regarding the intended use of funds from the Loan. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information, including the failure of the Company to obtain the necessary approval for the Loan and grant of Loan Bonus Shares, failure of the Company to repay the Loan and any other factors that may cause the Loan not to be repaid, the ability of the management team to execute on its business plan, risks in the apparel industry in general, and COVID-19 related risks. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.

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

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SOURCE RYU Apparel Inc.

DALLAS, March 9, 2021 /PRNewswire/ —

What’s the news? AT&T* is expanding its portfolio of Managed Security Services through its alliance with Fortinet (NASDAQ:FTNT) to make Secure Access Service Edge (SASE) a reality for enterprises. AT&T SASE with Fortinet is the first, global managed SASE solution at scale that unifies software-defined wide-area network (SD-WAN) with essential network security functions of the SASE framework and 24×7 management. This powerful combination of people, processes, and technology will help enterprises to enhance security, increase network performance, and reduce complexity and costs.

Why is this important? 
Digital transformation is driving the convergence of networking and security as technology teams realize the challenges of managing and protecting increasingly complex networks as well as the connections that support them. In addition, networking and security needs are changing for customers with today’s hyper distributed workforce as more employees are accessing the network from unique locations and a variety of devices. Organizations are looking to a solution based on SASE principles to solve these challenges through point product consolidation, identity-based access, and worldwide points of presence to support the new and highly distributed workforce. With this consolidated approach, enterprises can also help  reduce operational costs by moving to a single cloud-delivered solution.

What makes this new cybersecurity solution different?
As the largest SD-WAN Managed Service Provider in North America, and one of the world’s largest Managed Security Services Providers (MSSPs), AT&T has a unique understanding of what businesses need as they modernize and transform their networks, including the importance of security being a critical component of any business initiative. The inclusion of around-the-clock management helps relieve the burden of deployment and day-to-day support, with Security Operations Center (SOC) analysts acting as an extension to a business’ network and security teams.

AT&T SASE with Fortinet integrates with AT&T Alien Labs™ Threat Intelligence platform, enabling and unlocking multiple response actions, which provide SOC analysts visibility into network security, allowing them to respond to alarms effectively and efficiently. 

When will this new cybersecurity solution be available?
AT&T SASE with Fortinet is immediately available. Updates to the offering will continue to be made in 2021.

Ghassan Abdo, Research Vice President for Worldwide Telecom, Virtualization, and CDN at IDC
“AT&T is a global leader in managed SD-WAN solutions and has tenured experience delivering managed security solutions to customers around the globe. Bringing these two capabilities together creates a strong value proposition for customers looking to take advantage of the convergence of network and security controls.”

Rupesh Chokshi, VP, AT&T Cybersecurity
“With the convergence of networking and security, organizations are struggling with managing and protecting applications and data accessing the network. AT&T’s heritage in providing integrated business solutions with managed services, and our best-in-class fiber and 5G connectivity solutions, uniquely position us to deliver on the promise of SASE. The solution will provide visibility and management for a more resilient network, making it safer for businesses to adapt and innovate.”

John Maddison, CMO and EVP of Products, Fortinet
“Bringing Fortinet’s SD-WAN and SASE products and capabilities together with AT&T Cybersecurity’s trusted advisors managing SOC operations will provide the multi-layered, scalable network security solution organizations need to embrace SASE. With AT&T SASE with Fortinet, we’re enabling the dynamic needs of today’s distributed workforce to deliver security-driven networking at every edge.”

Where can I find more information?
Learn more about how AT&T and Fortinet are working together on SASE here or go here for more information about AT&T Cybersecurity Services and Solutions.

*About AT&T Communications
We help family, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to mobile video streaming, we @ATT innovate to improve lives.

AT&T Communications is part of AT&T Inc. (NYSE:T). For more information, please visit us at att.com.

About AT&T Cybersecurity
AT&T Cybersecurity helps make your network more resilient to overcome the cybersecurity threats that are now part of modern business. Together, the power of the AT&T network, our managed solutions with advanced security technologies and deep threat intelligence and expertise from AT&T Alien Labs and the Open Threat Exchange™, accelerate your response to cybersecurity threats. Our experienced consultants and SOC analysts help manage your network transformation to reduce cybersecurity risk and overcome the skills gap. Our mission is to be your trusted advisor on your journey to cybersecurity and network resiliency, making it safer for your business to innovate. 

About Fortinet
Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers our customers with complete visibility and control across the expanding attack surface and the power to take on ever-increasing performance requirements today and into the future. Only the Fortinet Security Fabric platform can address the most critical security challenges and protect data across the entire digital infrastructure, whether in networked, application, multi-cloud, or edge environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 480,000 customers trust Fortinet to protect their businesses. Both a technology company and a learning organization, the Fortinet Network Security Expert (NSE) Training Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.  

 

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SOURCE AT&T Communications

NEW YORK, March 9, 2021 /PRNewswire/ — N26, the mobile banking platform redesigning banking for the 21st century, today announced the expansion of its Perks rewards program through a partnership with Dosh®, the fastest growing card-linked offer platform, to help customers easily earn cash back when making purchases with their N26 debit card. N26 account holders are automatically enrolled in the Perks program and can now earn cash back in various categories such as groceries, local businesses, big box retail and national quick service restaurants.

“The goal of our Perks program has always been to help customers save when spending with their debit card on brands they love,” said Alexander Weber, Chief Growth Officer at N26. “This is now more important than ever with the impact of the recent pandemic putting financial strain on millions of Americans. With this expansion, customers will earn cash back directly in their accounts when spending on more everyday essential items like gas and groceries.”

Following the initial launch of the Perks program in December 2019, this new offering powered by Dosh®, allows N26 customers to get automatic cash back at a variety of businesses, from national retailers to local restaurants. Unlike other rewards programs, customers will get money added directly back to their account without having to check back to “activate” offers, calculate a confusing points system, or deal with limited ways to use rewards. Account holders are automatically enrolled and receive cash back rewards when spending with participating merchants which will appear as a credit in their main account every 15 days. The program will also be closely monitored for customer spending activity to inform future vendors that will be added to the program.

“N26’s expansion of their Perks program into cash back is going to provide incredible value to their customers at a time when many Americans could use the additional cash,” said Ryan Wuerch, CEO of Dosh. “Now that Dosh is a part of Perks, account holders can automatically earn cash back simply by using their N26 card for everyday purchases.”

In addition to the new rewards offering launched today, N26 also recently added features that help customers reach their financial goals within the Spaces function, the free personalized sub-accounts that enable customers to save or allocate money how they want. The new savings features allow customers to automatically set recurring payments from their main account to any given goal, or automatically round up every purchase and deposit the change into a space with an option to double, triple or multiply the round-up by five, offering more ways to help customers reach their goals faster.

To learn more about the expansion of N26’s Perks program, visit here.

About N26

N26 GmbH (“N26”) is building the first mobile banking platform the world loves to use. Valentin Stalf and Maximilian Tayenthal founded N26 in 2013 and launched the initial product in early 2015. Today N26 has more than 7 million customers in 25 markets. The company employs more than 1,500 employees across 8 office locations: Berlin, Barcelona, Madrid, Milan, Paris, Vienna, New York and São Paulo. With a full European banking license, state-of-the-art technology and no branch network, N26 has redesigned banking for the 21st century and is available on Android, iOS and desktop. N26 has raised close to $950 million from the world’s most established investors, including Insight Venture Partners, GIC, Tencent, Allianz X, Peter Thiel’s Valar Ventures, Li Ka-Shing’s Horizons Ventures, Earlybird Venture Capital, Greyhound Capital, Battery Ventures, in addition to members of the Zalando management board, and Redalpine Ventures. N26 currently operates in: Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland and the U.S., where it operates via its wholly-owned subsidiary, N26 Inc., based in New York. Banking services in the U.S. are offered by N26 Inc. in partnership with Axos Bank®, Member FDIC. For more information about N26, please visit n26.com.

About Axos Bank
Axos Bank is a federally-chartered nationwide U.S. bank that provides consumer and business banking products through its low-cost distribution channels and affinity partners. With approximately $14.4 billion in assets, Axos Bank provides financing for single and multi-family residential properties, small, medium and large businesses in target sectors, and selected specialty finance receivables. Axos Bank is a wholly-owned subsidiary of Axos Financial, Inc., a financial services holding company listed on the NYSE under the symbol “AX” and a component of the Russell 2000® Index, the KBW Nasdaq Financial Technology Index and the S&P SmallCap 600^® Index. For more information about Axos Bank, please visit axosbank.com.

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SOURCE N26

HONG KONG, March 9, 2021 /PRNewswire/ — Insilico Medicine, an AI drug discovery company, announced that UCB will integrate Insilico’s Chemistry42™ into UCB’s internal drug discovery pipeline. UCB’s early adoption of Insilico Medicine’s proprietary technology will provide UCB’s scientists with the ability to design novel hit compounds that satisfy multiple predefined parameters rapidly and streamline lead optimization. With the Chemistry42™ platform, UCB scientists will also reduce the efforts and costs typically associated with the design, testing and commercialization of new drugs. Chemistry42™ v1.0 will be customized and deployed on UCB’s cloud-based supercomputing infrastructure.

Chemistry42™ is a flexible, user-friendly software platform that integrates artificial intelligence (AI) methods with the fields of medicinal and computational chemistry for the design of novel small molecules with user-defined druglike physicochemical properties. The platform is a scalable distributed web application capable of running multiple tasks in parallel in a matter of hours. Container orchestration and workflow management allow for predictable hardware-agnostic resource allocation and the implementation on either cloud or local HPC infrastructures.

“UCB is one of the leading companies in small molecule drug discovery. It was their insight and approach at the forefront of this science that encouraged us to move into AI-powered chemistry over five years ago and it gives me great pleasure to see UCB among the launch partners of our Chemistry42 operating system,” said Alex Zhavoronkov, Ph.D., CEO of Insilico Medicine.

“Insilico Medicine has been very responsive in this quickly developing area of science and we are delighted to be one of the launch partners for Chemistry42,” Jiye Shi, Global Head of Computer-Aided Drug Design at UCB said. “Our hope is that this platform will further enhance the digital transformation of our drug discovery capabilities for the benefit of patients worldwide.”

About Insilico Medicine

Insilico Medicine develops software that leverages generative models, reinforcement learning (RL), and other modern machine learning techniques to generate new molecular structures with specific properties. Insilico Medicine also develops software for the generation of synthetic biological data, target identification, and the prediction of clinical trial outcomes. The company integrates two business models: providing AI-powered drug discovery services and software through its Pharma.AI platform (www.insilico.com/platform/) and developing its pipeline of preclinical programs. The preclinical program is the result of pursuing novel drug targets and novel molecules discovered through its platforms. Since its inception in 2014, Insilico Medicine has raised over $52 million and received multiple industry awards. Insilico Medicine has also published over 100 peer-reviewed papers and has applied for over 25 patents.

Website https://insilico.com/

About UCB

UCB, Brussels, Belgium (www.ucb.com) is a global biopharmaceutical company focused on the discovery and development of innovative medicines and solutions to transform the lives of people living with severe diseases of the immune system or of the central nervous system. With 7,500 people in approximately 40 countries, the company generated revenue of € 4.9 billion in 2019. UCB is listed on Euronext Brussels (symbol: UCB).

Media Contact
For further information, images, or interviews, please contact [email protected].

UCB Media Contact

Karen Borrer

+44 (0)1753 713006
[email protected]

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SOURCE Insilico Medicine

PUNE, India and SANTA CLARA, Calif., March 9, 2021 /PRNewswire/ — Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) has been honored with the Golden Peacock Award for Excellence in Corporate Governance 2020 in a national category (IT Sector).

The annual
Golden Peacock Awards, created by the Institute of Directors (IOD), India in 1991, are now regarded as a benchmark of corporate excellence worldwide. The competition was created to raise overall performance standards and recognize the achievements of the best performing organizations. Golden Peacock Awards are awarded under various business and sub-sectors.

This year, the Institute of Directors received over 204 submissions out of which 87 were shortlisted for final selection through a three-tier assessment process by independent assessors and finally by a grand jury of Indian business luminaries. The Honourable Justice M. N. Venkatachaliah, former Chief Justice of India and former Chairman, National Human Rights Commission of India and National Commission for Constitution of India Reforms, was the Chairman of the Golden Peacock Awards Jury.

“Persistent Systems is one of the fastest growing organizations in the IT sector today. Being a public listed company on BSE and NSE, it adopts special measures to bring transparency and accountability to its governance. The chairman of the board also conducts session for the directors and newly appointed directors at regular intervals to share current and global business scenarios. Persistent also has a one-of-a-kind stakeholders relationship committee to communicate with all key stakeholders and through its foundation has supported numerous programs related to education, health, community development and relief for natural calamities. Kudos to them.”

Quote from Manoj K. Raut, Chief Executive Officer and Director, Institute of Directors

“It is an honour to be recognized for excellence in corporate governance, by such a prestigious organization as the IOD India. We strive at Persistent to be the best at everything we do, so this is an important validation of our efforts to create a world class, global company.”

Quote from Dr. Anand Deshpande, Founder, Chairman and Managing Director, Persistent Systems

About Persistent Systems

With 12,000+ employees around the world, Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) is a global solutions leader delivering digital business acceleration, enterprise modernization and next-generation product engineering.

www.persistent.com

Forward-looking and Cautionary Statements

For risks and uncertainties relating to forward-looking statements, please visit: persistent.com/FLCS 

Media Contacts:

Emma Handler

Persistent Systems (Global)
+1-617-633-1635
[email protected]  

Saviera Barretto
Archetype
+91-84249-17719
[email protected]

 

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SOURCE Persistent Systems

LANHAM, Md., March 9, 2021 /PRNewswire/ — 2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced a change in its presentation time at the Jefferies Virtual Online Education / e-Learning Summit. The company’s presentation is now scheduled for Thursday, March 11, 2021 at 11:00am ET.

A live webcast of the presentations will be available at investor.2U.com. An archive of the webcast will also be available for 90 days following the live presentation.

About 2U, Inc. (Nasdaq: TWOU)
Eliminating the back row in higher education is not just a metaphor—it’s our mission. For more than a decade, 2U, Inc., a global leader in education technology, has been a trusted partner and brand steward of great universities. We build, deliver, and support more than 500 digital and in-person educational offerings, including graduate degrees, professional certificates, Trilogy-powered boot camps, and GetSmarter short courses. Together with our partners, 2U has positively transformed the lives of more than 300,000 students and lifelong learners. To learn more, visit 2U.com. #NoBackRow

Investor Contact:
Ken Goff, 2U, Inc.
[email protected]

Media Contact:
Glenda Felden, 2U, Inc.
[email protected]

 

 

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SOURCE 2U, Inc.