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Berkshire Grey Expands with New Robotics Innovation Center and Headquarters

The new facility showcases Berkshire Grey’s Intelligent Enterprise Robotics solutions for global customers and supports technology development

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

Introduction to Berkshire Grey’s New Robotic Innovation Center: Media Snippet

BEDFORD, Mass., July 07, 2021 (GLOBE NEWSWIRE) — Berkshire Grey, Inc., the leader in AI-enabled robotic solutions that automate the supply chain, today announced the completion of its new Robotics Innovation Center and headquarters in Bedford, MA. The new center showcases Berkshire Grey’s capabilities for customers, partners, and investors.

“Our new Innovation Center is strategically located in the Boston metro area allowing us to leverage the strong regional talent pool in AI and robotics. This center provides the space needed to continue our technology development and to help our customers adapt and transform their supply chain operations. Competitive pressures and increasing consumer expectations continue to fuel the need for our technologies,” says Tom Wagner, CEO at Berkshire Grey. “We are pleased to be a part of the Boston technology ecosystem and look forward to utilizing the new Innovation Center as a workplace for our growing team.”

The Bedford-based Robotics Innovation Center and headquarters is located at 140 South Road. The new center complements other design and test facilities in the region and provides a focal point for customers, investors, and technical activities. Today, Berkshire Grey has US offices in Bedford, MA, Lexington, MA, and Pittsburgh, PA. Internationally, Berkshire Grey’s EMEA headquarters is in Reading, UK. The company also has subsidiaries in Canada and Japan, as disclosed in May.

As previously announced, on February 24, 2021, Berkshire Grey entered into a definitive agreement with Revolution Acceleration Acquisition Corp (Nasdaq: RAAC) that is expected to result in Berkshire Grey becoming a publicly listed company early in the third quarter of 2021, subject to the satisfaction of customary closing conditions, including approval by the stockholders of Revolution Acceleration Acquisition Corp. 

About Berkshire Grey

Berkshire Grey helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transform pick, pack, move, store, organize, and sort operations to deliver competitive advantage for enterprises serving today’s connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers.

Berkshire Grey and the Berkshire Grey logo are registered trademarks of Berkshire Grey. Other trademarks referenced are the property of their respective owners.

To learn more about Berkshire Grey, visit www.berkshiregrey.com.

About Revolution Acceleration Acquisition Corp

Revolution Acceleration Acquisition Corp focuses on value creation opportunities at the forefront of rapid technological innovation and economic growth. We believe that alternatives to the traditional IPO process create a key avenue for transformative, category-defining companies to quickly and efficiently access public markets, enabling them to scale their business and create value for a broad and diverse group of investors. For more information about RAAC, please visit: www.revolutionaac.com.

Cautionary Statement Regarding Forward-Looking Statements

This communication contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed transactions between Berkshire Grey and RAAC. Forward-looking statements may be identified by the use of the words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,” “may,” “target,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding growth in demand for our AI-enabled robotics solutions, the proposed transaction between Berkshire Grey and RAAC, including statements as to the expected timing, completion and effects of the proposed transaction. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of RAAC’s and Berkshire Grey’s management and are not predictions of actual performance, and, as a result, are subject to risks and uncertainties. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of RAAC and Berkshire Grey. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, (i) the risk that the proposed transaction may not be completed in a timely manner or at all, which may adversely affect the price of RAAC’s securities, (ii) the risk that the proposed transaction may not be completed by RAAC’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by RAAC, (iii) the failure to satisfy the conditions to the consummation of the proposed transaction, including the adoption of the merger agreement by the stockholders of RAAC, the satisfaction of the minimum trust account amount following redemptions by RAAC’s public stockholders and the receipt of certain governmental and regulatory approvals, (iv) the inability to complete the PIPE investment in connection with the proposed transaction, (v) the lack of a third party valuation in determining whether or not to pursue the proposed transactions, (vi) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, (vii) the amount of redemption requests made by RAAC’s public stockholders, (viii) the effect of the announcement or pendency of the proposed transaction on Berkshire Grey ’s business relationships, operating results and business generally, (ix) risks that the proposed transaction disrupts current plans and operations of Berkshire Grey and potential difficulties in Berkshire Grey customer and employee retention as a result of the proposed transaction, (x) risks relating to the uncertainty of the projected financial information with respect to Berkshire Grey, (xi) risks relating to increasing expenses of Berkshire Grey in the future and Berkshire Grey’s ability to generate revenues from a limited number of customers, (xii) risks related to Berkshire Grey generating the majority of its revenues from a limited number of products and customers, (xiii) the passing of new laws and regulations governing the robotics and artificial intelligence industries that potentially restrict Berkshire Grey’s business or increase its costs, (xiv) potential litigation relating to the proposed transaction that could be instituted against Berkshire Grey, RAAC or their respective directors and officers, including the effects of any outcomes related thereto, (xv) the ability to maintain the listing of RAAC’s securities on The Nasdaq Stock Market LLC, either before or after the consummation of the Business Combination, (xvi) the price of RAAC’s securities may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which RAAC plans to operate, variations in operating performance across competitors, changes in laws and regulations affecting RAAC’s business and changes in the combined capital structure, (xvii) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transaction, and identify and realize additional opportunities, (xviii) unexpected costs, charges or expenses resulting from the proposed transaction, (xix) risks of downturns and a changing regulatory landscape and (xx) the effects of natural disasters, terrorist attacks and the spread and/or abatement of infectious diseases, such as COVID-19, on the proposed transactions or on the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transactions. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Proxy Statement/Prospectus (as defined below) and other documents filed by RAAC from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. If any of these risks materialize or our assumptions prove incorrect, actual events and results could differ materially from those contained in the forward-looking statements. There may be additional risks that neither RAAC nor Berkshire Grey presently know or that RAAC and Berkshire Grey currently believe are immaterial that could also cause actual events and results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect RAAC’s and Berkshire Grey’s expectations, plans or forecasts of future events and views as of the date of this communication. RAAC and Berkshire Grey anticipate that subsequent events and developments will cause RAAC’s and Berkshire Grey’s assessments to change. While RAAC and Berkshire Grey may elect to update these forward-looking statements at some point in the future, RAAC and Berkshire Grey specifically disclaim any obligation to do so, unless required by applicable law. These forward-looking statements should not be relied upon as representing RAAC’s and Berkshire Grey’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements. Neither RAAC nor Berkshire Grey gives any assurance that either RAAC or Berkshire Grey, or the combined company, will achieve the results or other matters set forth in the forward-looking statements.

Additional Information and Where to Find It

This communication relates to the Business Combination referenced above. RAAC filed a Registration Statement on Form S-4 with the SEC (File No. 333-254539) (as amended, the “Registration Statement”), which was declared effective, and filed the Proxy Statement/Prospectus in connection with the Business Combination, which it mailed to its stockholders as of the record date established for voting on the Business Combination and the other proposals regarding the Business Combination set forth in the Proxy Statement/Prospectus. RAAC may also file other documents with the SEC regarding the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO CAREFULLY READ THE ENTIRE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS, AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. The documents filed by RAAC with the SEC, including the Proxy Statement/Prospectus, may be obtained free of charge at the SEC’s website at www.sec.gov. In addition, the documents filed by RAAC may be obtained free of charge upon written request to RAAC at 1717 Rhode Island Ave NW, Suite 1000, Washington, DC 20036, Attn: Investor Relations.

Participants in the Solicitation

RAAC and Berkshire Grey and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from stockholders of RAAC in connection with the proposed transaction under the rules of the SEC. RAAC’s stockholders and other interested persons may obtain, without charge, more detailed information regarding the names, affiliations and interests of directors and executive officers of RAAC and Berkshire Grey in the Proxy Statement/Prospectus as well as RAAC’s other filings with the SEC. Other information regarding persons who may, under the rules of the SEC, be deemed the participants in the proxy solicitation of RAAC’s stockholders in connection with the proposed Business Combination and a description of their direct and indirect interests, by security holdings or otherwise, is included in the Proxy Statement/Prospectus and will be contained in other relevant materials to be filed with the SEC regarding the proposed Business Combination (if and when they become available). You may obtain free copies of these documents at the SEC’s website at www.sec.gov. Copies of documents filed with the SEC by RAAC will also be available free of charge from RAAC using the contact information above.

No Offer or Solicitation

This communication is not a proxy statement or solicitation or a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of RAAC, Berkshire Grey or the combined company, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, and otherwise in accordance with applicable law.

Contacts

Berkshire Grey Press Contact:

Lilian Ma
Director of Corporate Communications
[email protected]

Berkshire Grey Investor Relations Contact:

Cody Slach, Matt Glover
Gateway Group
[email protected]  



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Today’s MICT registration statement amends a May 17, 2021 filing and relates to the registration of a portion of issued restricted shares and the registration of a new shelf registration statement rather than new issuance of stock

MONTVALE, N.J., July 07, 2021 (GLOBE NEWSWIRE) — Today MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”) filed an amendment to the S-3 registration statement filing made on May 17, 2021. The Company again wishes to clarify the dual purposes of that filing, which are as follows: (i) to register a portion of the restricted shares it has already issued; and (ii) to register a new shelf registration statement to enable it to take advantage of potential growth opportunities in the future. The filing does not have any effect on the Company’s number of shares presently issued and outstanding.

About MICT, Inc.

MICT, Inc. (NasdaqCM: MICT) operates through its subsidiaries, GFH Intermediate Holdings Ltd (“GFHI”) and its various fully owned subsidiaries or VIE structures. And Micronet. GFHI’s versatile proprietary trading technology platform is designed to serve a large number of high growth sectors in the global fintech space. Primary areas of focus include online brokerage for equities trading and sales of insurance products in several high-growth foreign markets including Asia where GFH owns a substantial proprietary database of users. Micronet operates in the growing telematics and commercial Mobile Resource Management (MRM) market, mainly in the United States and Europe. Micronet designs, develops, manufactures and sells mobile computing solutions that provide fleet operators and field workforces with computing solutions in challenging work environments.

Forward-looking Statement

This press release contains express or implied forward-looking statements within the Private Securities Litigation Reform Act of 1995 and other U.S. Federal securities laws. All statements other than statements of historical fact contained in this press release are forward-looking statements. The words “believe,” “may” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, business prospectus, growth strategy and liquidity. Such forward-looking statements and their implications involve known and unknown risks, uncertainties and other factors that may cause actual results or performance to differ materially from those projected. The forward-looking statements contained in this press release are subject to other risks and uncertainties, including those discussed in the “Risk Factors” section and elsewhere in the Company’s annual report on Form 10-K for the year ended December 31, 2020 and in subsequent filings with the Securities and Exchange Commission. Except as otherwise required by law, the Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

Contact information: Tel: (201) 225-0190
info@mict-inc.com



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Rapid7 Launches InsightCloudSec to Automate Continuous Security and Compliance for Complex Cloud Environments

New cloud-native security solution is the first to fully integrate cloud security posture management, infrastructure entitlements management, infrastructure-as-code, and cloud workload protection

BOSTON, July 07, 2021 (GLOBE NEWSWIRE) — Rapid7, Inc. (NASDAQ: RPD), a leading provider of security analytics and automation, today announced the launch of InsightCloudSec, the industry’s first fully-integrated Cloud-Native Security Platform (CNSP) that enables organizations to enhance their cloud security programs through continuous security and compliance for complex cloud environments. The newest addition to Rapid7’s Insight Platform, InsightCloudSec brings together the cloud security posture management, infrastructure entitlements management, and infrastructure as code capabilities of DivvyCloud, acquired in May 2020, and Kubernetes security provider Alcide, acquired in January 2021, into one seamless cloud security solution as part of Rapid7’s Insight Platform.

According to Gartner, Inc., more than 45% of IT spending on system infrastructure, infrastructure software, application software and business process outsourcing will shift from traditional solutions to cloud by 2024. As businesses continue to move in this direction, they require a single, comprehensive security solution that helps them safely speed up their cloud adoption without compromise.

Protecting cloud and container environments from misconfigurations, policy violations, threats, and identity challenges, Rapid7 is the first organization to offer a single solution that integrates posture management, infrastructure entitlements management, infrastructure-as-code, and Kubernetes protection.

“Today, businesses are increasingly relying on the cloud to drive innovation and digital transformation,” said Lee Weiner, Chief Innovation Officer at Rapid7. “When operating highly-complex cloud environments, security teams must be able to maintain a comprehensive security strategy that ensures their resources and data are properly secured. InsightCloudSec combines the tools they need in an integrated solution so that they can focus their efforts on what matters most.”

Driving cloud security forward, InsightCloudSec helps Security and DevOps teams to shift left, reduce the noise and complexity of multi-cloud and Kubernetes environments, and automate workflows to speed up remediation and implement cost-saving efforts. Integrating best-of-breed technologies, InsightCloudSec also provides:

  • Unified visibility and robust context across multi-cloud environments to analyze, prioritize, and remediate issues as they arise
  • Infrastructure-as-code templates to identify risk early in the CI/CD pipeline
  • Automated workflows to help organizations gain maximum efficiency and focus on the bigger picture

“As attack surfaces rapidly expand, teams are managing dozens of security tools,” said Brian Johnson, senior vice president of cloud security at Rapid7. “However, this approach is often overwhelming and distracting, making it more difficult to cut through the noise and resolve security issues quickly. By combining the cloud solutions previously offered by DivvyCloud and Alcide, InsightCloudSec not only provides enterprises with a more holistic, unified experience, but much needed data context into their environments. Integrating these capabilities across the Insight platform will enable security teams to make better, faster, and more confident decisions.”

InsightCloudSec is now generally available. To learn more, click here.

About Rapid7

Rapid7 (Nasdaq: RPD) is advancing security with visibility, analytics, and automation delivered through our Insight cloud. Our solutions simplify the complex, allowing security teams to work more effectively with IT and development to reduce vulnerabilities, monitor for malicious behavior, investigate and shut down attacks, and automate routine tasks. Over 8,900 customers rely on Rapid7 technology, services, and research to improve security outcomes and securely advance their organizations. For more information, visit our website, check out our blog, or follow us on LinkedIn.

Contacts

Rapid7 Media Relations

Caitlin Doherty
Senior Public Relations Manager
(857) 990-4240
[email protected]

Rapid7 Investor Relations

Sunil Shah
Vice President, Investor Relations
+1-857-990-4074
[email protected]



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Ecological forest thinning and prescribed burns lower insurance premiums significantly

New study finds 41% decrease in residential insurance premiums when ecological forestry is applied to relevant areas

ARLINGTON, Va., July 07, 2021 (GLOBE NEWSWIRE) — Willis Towers Watson and The Nature Conservancy (TNC) have published an analysis that shows how ecological forest management, which reduces the risk of severe wildfires in fire-adapted forests, can be combined with insurance to reduce insurance costs significantly.

By modeling the impact on insurance of controlled burning and ecological thinning of overgrown forests, researchers at TNC and Willis Towers Watson were able to quantify insurance premium savings. In turn, these savings could be used to fund further investments in sustainable forest management.

The report, Wildfire Resilience Insurance: Quantifying the Risk Reduction of Ecological Forestry with Insurance, finds the practice known as ecological forestry, which includes prescribed burns and the removal of smaller trees and other vegetation in overgrown forests (i.e., thinning), leads to decreases in total insurance premiums by 41% for homes and a range of decreases for commercial property while reducing the likelihood of extreme wildfires in these communities.

The report explores how the insurance savings from ecological forestry could be captured and applied to pay debt service on bonds, which would be issued to pay for ecological forest treatment. In this way, the insurance savings can contribute to funding or financing the ecological forest treatment, creating a “virtuous circle.”

For the first time, the project tested “parametric” insurance as applied to the intensity and acreage of wildfires, resulting in a reduction in both losses and premiums. Such a parametric product, which can provide instant access to funds to pay for costs not covered by indemnity insurance, would be new to the market and is an innovative way for insurers to cover fire risk.

The project used an ecological forest restoration project in the watershed of Placer County Water Agency in the Tahoe National Forest in northern California. The researchers found ecological forestry in the watershed reduced the risk of wildfire substantially for the 81,000 homes in and around the watershed, which in turn could reduce aggregate home insurance premiums by $21 million a year.

“For the first time we demonstrated insurance modeling and pricing can account for the severe wildfire risk reduction benefit of ecological forest treatment,” said Dave Jones, senior director of Environmental Risk, The Nature Conservancy, and former California insurance commissioner. “These widely supported forest treatment practices, prescribed burns and ecological thinning provide the triple benefit of improving forest health, decreasing the risk of catastrophic wildfires and providing a pathway to keep insurance available. Insurers’ models do not currently consider forest treatment, but now that we have shown it can be done, we expect insurers will begin doing so.” 

Due to the high risk of wildfires and associated losses, insurers are finding it a challenge to write insurance in areas at risk of wildfire. In late 2020, the California Department of Insurance reported that between 2018 and 2019, non-renewals by insurers increased by 61% for homes in ZIP codes having an area with moderate to very high fire risk, and a 203% increase in the top 10 counties with the highest exposure of homes in high to very high fire risk. The results of the study indicate that funding more ecological forestry treatments can reduce wildfire risk and provide a better opportunity for insurers to continue writing insurance in high risk areas. 

“Wildfire risk in California and across the western United States is becoming uninsurable due to increasing risks of climate change and overgrown forests laden with fuel,” said Dr. Nidia Martínez, director of Climate Risk Analytics, Willis Towers Watson. “The state-of-the-art analytics described in this report provide insurers with tools to incorporate the true value of wildfire risk reduction through ecological forestry into underwriting decision making. The product innovations we present offer new approaches to protecting communities and businesses in the Wildland-Urban Interface through insurance.”

“If we want to continue with insurance in these areas and reduce loss of life and property, we need a lot more private and public funding for ecological forestry in national and other forests,” said Jones. “This spending really is an investment in the future of these areas.”

The case study results are applicable to other similarly forested regions in California and other western states. The work also opens the possibility to consider combining nature-based risk mitigation and risk transfer in other fire-prone regions around the world. 

The report also includes a series of recommendations, including for federal, state and local policymakers to fund more forest treatment in national and other forest lands, so that communities and businesses can see the resulting risk reduction and insurance benefits shown in the paper.

About Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

About The Nature Conservancy

The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change; conserving lands, waters and oceans at an unprecedented scale; providing food and water sustainably; and helping make cities more sustainable. Working in 72 countries, we use a collaborative approach that engages local communities, governments, the private sector and other partners. To learn more, visit www.nature.org.

Media contact

Ileana Feoli: +1 212 309 5504 
[email protected] 



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WNS Wins Two 2021 ISG Digital Case Study Awards™ for Digital Transformation

WNS Wins Two 2021 ISG Digital Case Study Awards™ for Digital Transformation

NEW YORK & LONDON & MUMBAI, India–(BUSINESS WIRE)–
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced it has been recognized by Information Services Group (ISG), a leading global technology research and advisory firm, with two 2021 ISG Digital Case Study Awards™. The ISG awards are presented to select IT and business services providers for best-in-class digital transformation work with their enterprise customers.

WNS’ engagement with Aviva to deliver actuarial process transformation won the award in the “Global” and “Insurance” categories. WNS created a centralized platform to bring Aviva’s highly complex actuarial processes under a unified central umbrella, reducing manual efforts by 50% and positively impacting the work of 300+ actuarial professionals. Read to know more.

In addition, WNS’ automation deployment in mortgage processing with a leading UK-based financial services provider won in the “UK & Ireland” and “Banking and Financial Services” categories. For this client, WNS implemented a two-pronged automation solution for closing mortgage accounts with zero manual intervention. Given the complexity and time-consuming nature of mortgage account closures, the solution helped achieve 100% accuracy, reduce turnaround time and eliminate repetitive manual work. Read to know more.

“Co-creating digital transformation solutions, powered by hyperautomation and advanced analytics, has been a key focus area for WNS. As the pace of digital adoption continues to accelerate, we are well-positioned to help our clients transform their business models and better compete. It is an honor to be recognized by ISG for the work we have done in implementing digital transformation solutions for our key clients,” said Keshav R. Murugesh, Group CEO, WNS.

The ISG Digital Case Study Awards™ evaluate the objectives, solutions and outcomes achieved through digital transformation projects. Technology and service providers worldwide submit case studies, which are independently validated by the enterprise client and reviewed by an expert ISG digital research review committee. Selections are based on a multi-dimensional assessment of the tangible impact of digital transformation on the client’s business and the uniqueness of the provider’s solution.

“The events of the past year have accelerated the adoption of digital technologies and business models,” said Paul Reynolds, Partner and Chief Research Officer, ISG. “Enhancing customer and user experience was the most prevalent objective across the enterprise-provider projects we examined, and the transformational role providers are playing was evidenced by the many innovative and impactful solutions they delivered,” he added.

ISG selected case studies from 39 providers for this year’s awards from a record of nearly 250 submissions. A majority of digital transformation initiatives submitted for consideration were focused on improvements in customer and user experience, with the related goal of driving top-line revenue growth.

About WNS

WNS (Holdings) Limited (NYSE: WNS) is a leading Business Process Management (BPM) company. WNS combines deep industry knowledge with technology, analytics and process expertise to co-create innovative, digitally led transformational solutions with over 380 clients across various industries. WNS delivers an entire spectrum of BPM solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of March 31, 2021, WNS had 43,997 professionals across 58 delivery centers worldwide including facilities in Australia, China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Spain, Sri Lanka, Turkey, the United Kingdom, and the United States. For more information, visit www.wns.com.

Safe Harbor Provision

This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 20-F and other filings with the Securities and Exchange Commission. WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Investors:

David Mackey

EVP–Finance & Head of Investor Relations

WNS (Holdings) Limited

+1 (646) 908-2615

[email protected]

Media:

Archana Raghuram

Global Head – Marketing & Communications and Corporate Business Development

WNS (Holdings) Limited

+91 (22) 4095 2397

[email protected] ; [email protected]

KEYWORDS: New York Ireland India United States United Kingdom North America Asia Pacific Europe

INDUSTRY KEYWORDS: Consulting Data Management Banking Technology Professional Services Other Technology Other Professional Services Networks Internet Insurance Finance

MEDIA:

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Global Demand for IT and Business Services Continues Upward Surge in Q2, ISG Index™ Finds

Global Demand for IT and Business Services Continues Upward Surge in Q2, ISG Index™ Finds

Global combined ACV, at record $19.1 billion, hits new high for third straight quarter

Cloud-based as-a-service spend at record $11.2 billion, up 38%

Managed services also reaches new quarterly high of $7.9 billion, up 24%

ISG raises its 2021 forecasts for both as-a-service and managed services

STAMFORD, Conn.–(BUSINESS WIRE)–
With COVID-19 accelerating digital transformation and the move to the cloud, global demand for technology and business services has reached a new record for the third straight quarter, the latest state-of-the industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, finds.

Data from the ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of $5 million or more, show second-quarter ACV for the combined global market (both as-a-service and managed services) reached a record $19.1 billion, up 32 percent versus a soft quarter last year, when demand was sharply lower amid the onset of the pandemic. Global ACV this quarter was up 11 percent versus Q1, which, like the quarter before it, established a record high for the global IT and business services market.

“The global market today is driven by two mega-trends: the move to the cloud and digital transformation. COVID accelerated those moves by three to five years,” said Steve Hall, partner and president of ISG. “Business has clearly shifted, and if you’re lagging in your own strategy change, you may not be competitive much longer.”

The cloud-based as-a-service market reached a record $11.2 billion in the second quarter, up 38 percent off a soft compare, but with sequential growth of 13 percent. Infrastructure-as-a-service (IaaS) climbed to a record $8.2 billion, up 41 percent year-over-year and 15 percent quarter-over quarter. Software-as-a-service, at $3.0 billion, also establish a new quarterly high, up 31 percent versus last year and up 8 percent versus the prior quarter.

Managed services topped out at $7.9 billion, a new record, up 24 percent from last year and 8 percent from last quarter, fueled by a record 525 contracts signed during the second quarter, including four mega-deals exceeding $100 million of ACV. IT outsourcing (ITO) reached a record $6.1 billion, up 17 percent from last year and 5 percent over Q1, while business process outsourcing (BPO), at $1.8 billion, soared 52 percent over last year, and 23 percent sequentially.

For the first half of 2021, the combined global market generated a record $36.3 billion of ACV, up 20 percent. As-a-service, at a record $21.0 billion, was up 25 percent, and managed services, at a record $15.3 billion, was up 15 percent. Within as-a-service, IaaS reached a record $15.3 billion, up 28.5 percent, and SaaS hit a record $5.7 billion, up 15 percent. On the managed services side, ITO was at a record $12.0 billion, up 8 percent, and BPO reached $3.3 billion, up 48 percent.

Americas

The Americas region saw its combined ACV grow by double digits for the second straight quarter. Second-quarter combined ACV reached a record $9.5 billion, up 25 percent versus last year and 10 percent over the prior quarter. As-a-service ACV was a record $5.9 billion, up 33 percent year-over-year, with IaaS ACV of $3.9 billion, up 33 percent, and SaaS ACV of $1.9 billion, up 31 percent, both records. Managed services ACV, on record deal activity, advanced 14 percent, to a record $3.6 billion, with $2.6 billion of ITO ACV, up 5 percent, and $1.1 billion of BPO ACV, up 44 percent.

Europe, Middle East and Africa (EMEA)

EMEA’s combined market reached $6.3 billion, up 31 percent from the prior year and 4 percent from the first quarter. As-a-service climbed 41 percent, to a record $2.3 billion, fueled by a 47 percent surge in IaaS, to a record $2.2 billion, and 27 percent growth in SaaS, to a record $722 million. Managed services, at $3.4 billion, was down 4 percent quarter over quarter, its second straight quarterly decline from a record Q4, although it was up 23 percent over a soft Q2 a year ago. Deal activity for the quarter was at a record high. ITO generated $2.8 billion of ACV, up 18 percent, and BPO produced $611 million of ACV, up 54 percent.

Asia Pacific

Asia Pacific surpassed combined-market ACV of $3 billion for the first time, climbing 59 percent over the prior year and 35 percent quarter-over-quarter, to a record $3.4 billion. ACV for as-a-service came in at a record $2.4 billion, up 50 percent over last year, on 52 percent growth in IaaS, to a record $2.1 billion, and 38 percent growth in SaaS, to a record $312 million. Managed services, meanwhile, turned in its best quarter in two years, with ACV soaring 87 percent, to a record $929 million. ITO reached a record $800.1 million, up 80 percent, and BPO rocketed 148 percent, to $129 million. Contract activity was at its highest level in the region in three years.

2021 Forecast

ISG is forecasting the market for cloud-based services (IaaS and SaaS) will grow 21 percent globally in 2021, up slightly from its 18 percent growth forecast last quarter. The firm also is raising its forecast for managed services growth to 9 percent, up from its prior forecast of 5 percent.

Commenting on the forecast, Hall said: “The demand environment and associated technology spend is very robust and shows no signs of slowing down. Right now, cloud is central to virtually every one of our client conversations. The debate is whether these are major structural shifts or COVID-related shifts. We believe the surge goes beyond pent-up demand and could signal the early stages of a longer-term cycle, with continuing strong investment in 5G, data center, compute, cloud provisioning and other business-transforming technologies.”

About the ISG Index™

The ISG Index™ is recognized as the authoritative source for marketplace intelligence on the global technology and business services industry. For 75 consecutive quarters, it has detailed the latest industry data and trends for financial analysts, enterprise buyers, software and service providers, law firms, universities and the media. In 2016, the ISG Index was expanded to include coverage of the fast-growing as-a-service market, measuring the significant impact cloud-based services are having on digital business transformation. ISG also provides ongoing analysis of automation and other digital technologies in its quarterly ISG Index presentations.

The 2Q21 Global ISG Index was presented during a conference call and webcast today. To listen to an audio replay of the call and view presentation slides, visit this webpage.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Press:

Will Thoretz, ISG

+1 203 517 3119

[email protected]

Erik Arvidson, Matter Communications for ISG

+1 617 755 2985

[email protected]

KEYWORDS: Connecticut United States North America

INDUSTRY KEYWORDS: Software Mobile/Wireless Networks Internet Professional Services Hardware Data Management Technology Security Other Technology Consulting Telecommunications

MEDIA:

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RBC Global Asset Management Inc. announces June sales results for RBC Funds, PH&N Funds and BlueBay Funds

Canada NewsWire

TORONTO, July 7, 2021 /CNW/ – RBC Global Asset Management Inc. (“RBC GAM Inc.”) today announced June mutual fund net sales of $1.97 billion. Long-term funds had net sales of $2.44 billion and money market funds had net redemptions of $468 million. Mutual fund assets under management increased by 2.5 percent.

“Canadian investors and advisors continue to seek out investment solutions that offer broad diversification,” said Doug Coulter, President of RBC Global Asset Management Inc. “Demonstrating this trend, the RBC Global Portfolios were our top-selling solutions in June and surpassed the milestone of $6 billion in assets under management. This suite of solutions, launched in July, 2019, brings together the investment expertise of our 23 investment teams located around the world, providing investors with actively managed and globally diversified portfolios.”

Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC) and only include Canadian prospectus qualified mutual funds.

Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. RBC Funds, BlueBay Funds and PH&N Funds are offered by RBC GAM Inc. and distributed through authorized dealers in Canada. RBC GAM Inc. is a member of the RBC GAM group of companies and an indirect wholly owned subsidiary of Royal Bank of Canada.

About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 86,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.‎

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

About RBC Global Asset Management

RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes money managers BlueBay Asset Management and Phillips, Hager & North Investment Management. RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. The RBC GAM group of companies manage approximately $550 billion in assets and have approximately 1,500 employees located across Canada, the United States, Europe and Asia.

SOURCE RBC Global Asset Management Inc.

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Dogness Ships 700 Cartons of Traditional Pet Products to Japanese Partner

PR Newswire


DONGGUAN, China
, July 7, 2021 /PRNewswire/ — Dogness (International) Corporation (“Dogness” or the “Company”) (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced it shipped 700 cartons of the Company’s traditional pet products to one of its long-term strategic partners in Japan for sale.  The Company noted it is continuing to benefit from strong demand in key markets worldwide led by China, the U.S., Japan and Europe, with significant growth in other countries including Egypt, Russia, Germany, Panama, Australia and New Zealand.

The population of dogs and cats in Japan (18.13 million) outnumbers that of children 15-years-old or younger (15.3 million). This was attributed in part to the COVID-19 pandemic, during which time the number of new pet owners increased.  The life expectancy of dogs in Japan is 14.5 years, and the life expectancy for cats is roughly 15.5 years. This is attributed to the fact that 84.7% of dogs and 90.4% of cats are kept indoors year-round, resulting in reduced risk of sickness.  (Source: The Japan Pet Food Association)

Silong Chen, Chairman and Chief Executive Officer of Dogness, commented, “Our team has been working closely with our customers and supply chain partners to ensure we can seamlessly meet the high demand levels we are seeing in Japan.  Pet owners are turning to Dogness for high-quality traditional pet products and innovative smart pet tech products that can bring greater happiness, safety and health to their pets.  We take pride in supporting stronger pet and owner bonds.  We expect to build on our momentum with some very exciting new product launches planned for later this year that will leverage advances in tracking, water and food monitoring, robotics and AI.” 

About Dogness

Dogness (International) Corporation was founded in 2003 from the belief that dogs and cats are important, well-loved family members. Through its smart products, hygiene products, health and wellness products, and leash products, Dogness’ technology simplifies pet lifestyles and enhances the relationship between pets and pet caregivers. The Company ensures industry-leading quality through its fully integrated vertical supply chain and world-class research and development capabilities, which has resulted in over 200 patents and patents pending. Dogness products reach families worldwide through global chain stores and distributors. For more information, please visit: ir.dogness.com.

Forward Looking Statements

No statement made in this press release should be interpreted as an offer to purchase or sell any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the “safe harbor” under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding lingering effects of the COVID-19 pandemic on our customers’ businesses and end purchasers’ disposable income, our ability to meet development, production and shipping targets, our ability to raise capital on any particular terms, fulfillment of customer orders, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, our ability to realize revenue from expanded operation and acquired assets in China and the U.S., our ability to attract and retain highly skilled professionals, client concentration, industry segment concentration, reduced demand for technology in our key focus areas, our ability to successfully complete and integrate potential acquisitions, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings. These filings are available at www.sec.gov. Dogness may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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SOURCE Dogness International Corporation

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Synaptogenix Announces Regenerative Patent Award to Treat Alzheimer’s Disease

PR Newswire

NEW YORK, July 7, 2021 /PRNewswire/ — Synaptogenix, Inc. (Nasdaq: SNPX), an emerging biopharmaceutical company focused on developing therapies for neurodegenerative diseases, today announced that a new patent has been awarded by the U.S. Patent and Trademark Office. Patent number 16/914,399 is entitled: Methods for Inducing Synaptogenesis with Synaptic Growth Factor Activating Compounds.

The patent award claims to: “A method for inducing synaptogenesis in a subject having synaptic loss, the method comprising intravenously administering to the subject a therapeutically effective amount of a synaptic growth factor activating compound to result in an increase in synaptogenesis in said subject.”

“Increasing interest in regenerative therapeutics to reverse the degenerative consequences of Alzheimer’s disease makes this recent patent allowance, that has potential applicability to several candidate drugs, especially relevant and timely. We believe the lead Synaptogenix drug, Bryostatin, engages many of the synaptic growth factors such as BDNF, NGF, IGF, and HGF to induce the growth of fully mature synapses and prevents neuronal death. We believe Bryostatin activates natural pathways in the brain with potential generality for treating many disorders including Alzheimer’s disease, Parkinson’s disease, Multiple Sclerosis, and Fragile X Mental Retardation syndrome,” commented Dr. Daniel Alkon, President and Chief Scientific Officer. 

About Synaptogenix, Inc.

Synaptogenix is a clinical-stage biopharmaceutical company that has historically worked to develop novel therapies for neurodegenerative diseases. Synaptogenix has conducted clinical and preclinical studies of its lead therapeutic candidate, Bryostatin-1, in Alzheimer’s disease. Preclinical studies have also demonstrated Bryostatin’s regenerative mechanisms of action for the rare disease, Fragile X syndrome, and for other neurodegenerative disorders such as multiple sclerosis, stroke, and traumatic brain injury. The U.S. Food and Drug Administration has granted Orphan Drug Designation to Synaptogenix for Bryostatin-1 as a treatment for Fragile X syndrome. Bryostatin-1 has already undergone testing in more than 1,500 people in cancer studies, thus creating a large safety data base that will further inform clinical trial designs.

Additional information about Synaptogenix, Inc. may be found on its website: www.synaptogen.com. 

Forward-Looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. These forward-looking statements include statements regarding the Phase 2 clinical trial of Bryostatin-1 and further studies, and continued development of use of Bryostatin-1 for AD and other cognitive diseases. Such forward-looking statements are subject to risks and uncertainties and other influences, many of which the Company has no control over. There can be no assurance that the clinical program for Bryostatin-1 will be successful in demonstrating safety and/or efficacy, that we will not encounter problems or delays in clinical development, or that Bryostatin-1 will ever receive regulatory approval or be successfully commercialized. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Additional factors that may influence or cause actual results to differ materially from expected or desired results may include, without limitation, the Company’s inability to obtain adequate financing, the significant length of time associated with drug development and related insufficient cash flows and resulting illiquidity, the Company’s patent portfolio, the Company’s inability to expand its business, significant government regulation of pharmaceuticals and the healthcare industry, lack of product diversification, availability of the Company’s raw materials, existing or increased competition, stock volatility and illiquidity, and the Company’s failure to implement its business plans or strategies. These and other factors are identified and described in more detail in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to update these forward-looking statements.

Contact information: 

Investors and Media

Investor Relations 
Brett Maas 
Hayden IR 
[email protected] 
(646)536-7331

Robert Weinstein

Chief Financial Officer
Synaptogenix, Inc.
[email protected]

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SOURCE Synaptogenix, Inc.

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S&P Dow Jones Indices Reports U.S. Indicated Dividend Payments Increased $12.9 Billion in Q2 2021

– Q2 2021 U.S. common dividend increases were $15.4 billion, down 24.2% from $20.3 billion in Q1 2021 and up 130.3% from $6.7 billion in Q2 2020.

– Q2 2021 U.S. common dividend decreases were $2.5 billion, up 4.5 % from $2.4 billion in Q1 2021, and down 94.9% from $49.2 billion in Q2 2020.

– Net indicated dividend rate change increased $12.9 billion, compared to $18.0 billion in Q1 2021, and $-42.5 billion in Q2 2020.

– The median Q2 2021 dividend increase in the S&P 500 was 8.28%, up from 7.69% in Q1 2021, and 4.84% in Q2 2020.

PR Newswire

NEW YORK, July 7, 2021 /PRNewswire/ — S&P Dow Jones Indices announced today that indicated dividend net changes (increases less decreases) for U.S. domestic common stocks increased $12.9 billionduring Q2 2021, compared to $18.0 billion in Q1 2021, $9.5 billion in Q4 2020, –$2.3 billion in Q3 2020, and –$42.5 billion in the COVID-inspired Q2 2020.

For the 12-month June 2021 period, the net dividend rate increased $38.0 billion, compared to a net declined of $22.7 billion for 12-month June 2020 period, as increases were $58.1 billion versus $46.9 billion, and decreases were $20.0 billion compared to $69.6 billion for 2020 period.  

“Dividends are starting to be back in vogue as many companies that suspended their dividends have started to pay again, while others who decreased their dividends or left them unchanged in 2020, have resumed increasing their payments,” said Howard Silverblatt, Senior Index Analyst at S&P Dow Jones Indices. “The overall increase in U.S. common dividends stems from the quick vaccination rate, which has led to significant increases in consumer spending and fueled U.S. record profits and cash-flow.”

Silverblatt continued, “given the general acceptance of the reopening and absent a virus upswing, corporate confidence should continue to improve, as more return to resuming dividend payments and increasing them. At this point, for the S&P 500, 2021 is well on its way to a record payout with a 5% increase in the actual cash payments in shareholders pockets.”


S&P 500 Dividends

On a per share basis, S&P 500 Q2 2021 dividend payments for the S&P 500 decreased 0.7% to $14.58 from Q1 2021’s $14.68 and were up 1.6% from the Q2 2020 $14.35 payment. On an aggregate basis, index components paid $123.4 billion in dividends in the quarter, down from $123.9 billion in Q1 2021 and up from the $119.0 billion in Q2 2020.  For the 12-month June 2021 period, the index paid $57.87 per share, down from the prior period’s $59.68, with an aggregate $484.5 billion to shareholders, compared to $495.5 billion.

Additional findings from S&P Dow Jones Indices’ quarterly analysis of U.S. dividend activity include:


Dividend Increases (defined as either an increase or initiation in dividend payments):

  • 568 dividend increases were reported during Q2 2021 compared to 244 during Q2 2020, a 132.8% year-over-year increase.
  • Total dividend increases were $15.4 billion for the period, up from $6.7 billion for Q2 2020.
  • For the 12-month June 2021, 2,403 issues increased their payments, compared to 2,084 issues for the prior period, a 15.3% increase.
  • Total dividend increases for the 12-month June 2021 period were $58.1 billion for the period, up from $46.9 billion for the prior period.


Dividend Decreases (defined as either a decrease or suspension in dividend payments):

  • 29 issues decreased dividends during Q2 2021, compared to 639 during Q2 2020, a 95.5% year-over-year decrease.
  • Dividend decreases were $2.5 billion for the period, down from $49.2 billion for Q2 2020.
  • For the 12-month June 2021 period, 252 issues decreased their dividend payments, compared to 941 decreases during the prior period, a 73.2% decrease.
  • Dividend decreases were $15.4 billion for the 12-month 2021 period, an improvement from $27.0 billion for the prior period.


Non-S&P 500 domestic common issues (for issues yielding 10% or less):

  • The percentage of non-S&P 500 domestic dividend-paying common issues decreased to 21.0% in Q2 2021, down from 21.4% in Q1 2021, and down from 24.2% in Q2 2020.
  • The weighted indicate dividend yield for paying issues was 2.46% in Q2 2021, down from 2.48% in Q1 2021, and down from 3.23% for Q2 2020. The average indicated yield decreased to 2.76% for Q2 2021, down from Q1 2021’s 2.80%, and the 3.28% for Q2 2020.


Large-, Mid-, and Small-Cap Dividends:

  • 386 issues, or 76.4%, within the S&P 500 currently pay a dividend, up from 385 for Q1 2021 (76.2%) and up from the 380 which were paying in Q2 2020, as 27 of the 30 members of the Dow Jones Industrial Average® pay a dividend.
  • 63.3% of S&P MidCap 400®issues now pay a dividend, up from 62.5% for Q1 2021 and up from 58.8% in Q2 2020; 50.4% of S&P SmallCap 600®issues pay a dividend, up from 49.4% in Q1 2021 and up from 45.8% in Q2 2020.
  • Yields across market-cap sizes decreased from Q1 2021 and remained significantly lower than Q2 2020. Large-cap yields decreased to 1.38% (1.47% for Q1 2021 and 1.84% for Q2 2020), mid-caps to 1.20% (1.23% for Q1 2021 and 1.62% for Q2 2020), and small-caps increased to 1.12% (1.11% for Q1 2021 and 1.44% for Q2 2020).
  • The yields across dividend-paying market-size classifications were closer, but varied, with large-caps down to 1.88% (1.98% for Q1 2021 and 2.45% for Q2 2020), mid-caps at 1.94% (2.00% for Q1 2021 and 2.67% for Q2 2020) and small-caps at 2.14% (2.14% for Q1 2021 and 2.80% for Q2 2020).

For more information about S&P Dow Jones Indices, please visit www.spdji.com.

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit: www.spdji.com.

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SOURCE S&P Dow Jones Indices