Synopsys to Showcase New Application Security Orchestration Solution at RSA Conference

Innovative Intelligent Orchestration delivers automated security testing workflows optimized for speed and efficiency in DevOps pipelines

PR Newswire

MOUNTAIN VIEW, Calif., May 4, 2021 /PRNewswire/ — Synopsys, Inc. (Nasdaq: SNPS) today announced it will showcase the Software Integrity Group’s new Intelligent Orchestration solution at RSA Conference on May 17th – 20th. Intelligent Orchestration is a dedicated application security automation pipeline, optimized for speed and efficiency, that ensures the right security tests are performed at the right time. Intelligent Orchestration, which runs in parallel to build and release pipelines, utilizes innovative technology to automatically determine and initiate the most appropriate security tests, including static (SAST), dynamic (DAST), interactive (IAST), and software composition analysis (SCA), based on pre-defined risk policies and changes made to an application.

As the pace and complexity of software development increases, security and development teams in all industries have recognized that integrating and automating security testing within their development toolchains and workflows is essential. However, they often find that doing this can slow development pipelines and overwhelm development teams with large volumes of testing results, many of which do not require immediate attention. 

The concepts and technology behind Intelligent Orchestration were developed and refined through years of experience helping customers navigate these challenges, including a Fortune 500 financial services company undergoing a significant digital transformation effort:

“Testing your business-critical applications for security vulnerabilities is essential, but when it comes to producing actionable results and earning developers’ trust in a DevOps environment, the tests you don’t run can be equally as important as the tests you do run,” said the director of application security for the financial services client. “Avoiding extraneous testing cycles and prioritizing the critical vulnerabilities that present the most risk to your organization is key to embracing the benefits of DevSecOps. We worked closely with Synopsys as they developed their Intelligent Orchestration solution to address the DevSecOps bottlenecks we were grappling with.”

Intelligent Orchestration provides the following capabilities and benefits:

  • Dedicated “continuous security” pipeline
    Intelligent Orchestration is a dedicated continuous integration (CI) pipeline that runs in parallel to build and release pipelines to perform necessary application security tests.
  • Seamless integration with existing pipelines and development toolchains
    Intelligent Orchestration does not require build and release pipelines to be reimplemented. Instead, it easily integrates with CI pipelines via simple API calls.  In addition, extensible DevOps integrations enable teams to incorporate application security tests performed by Synopsys tools as well as open source and third-party tools, and deliver results via the development, risk management, and issue tracking tools they already use.
  • Ensures the right tests are run at the right time 
    Teams can define their application security policies as code, specifying rules for security analysis, notification, and remediation. Using innovative technology, Intelligent Orchestration then uses that policy to evaluate code changes and other SDLC events to intelligently trigger the appropriate security tests, maximizing velocity by performing only the tests that are needed when they are needed.
  • Delivers the right information to the right teams
    Intelligent Orchestration optimizes and standardizes application security reporting across the gamut of security testing tools. Results are automatically filtered and prioritized based on risk and delivered directly within the development and defect tracking tools development teams already use, preventing “vulnerability overload” and enabling teams to achieve the maximum risk impact at minimum cost.
  • Automates the workflow for manual or out-of-band testing activities
    Intelligent Orchestration policies can also trigger manual security activities such as penetration tests, through defect tracking systems and communication channels, enabling security teams to coordinate security compliance with development workflows.

“Every organization embracing DevOps encounters friction when they integrate and automate security testing into their DevOps environments,” said Jason Schmitt, general manager of the Synopsys Software Integrity Group. “Automating the enforcement of application security policies across your portfolio and managing high volumes of security testing results, while trying to keep pace with the accelerating speed of development, can be a daunting task. These challenges are precisely what Intelligent Orchestration is designed to address. Through policy-driven intelligence, automation, and extensive integrations, Intelligent Orchestration streamlines security testing programs based on risk and continuous iteration.”

To learn more or to schedule a demo, visit the Intelligent Orchestration webpage, read the blog post, or register for the webinar on May 26, 2021.

About the Synopsys Software Integrity Group

Synopsys Software Integrity Group helps development teams build secure, high-quality software, minimizing risks while maximizing speed and productivity. Synopsys, a recognized leader in application security, provides static analysis, software composition analysis, and dynamic analysis solutions that enable teams to quickly find and fix vulnerabilities and defects in proprietary code, open source components, and application behavior. With a combination of industry-leading tools, services, and expertise, only Synopsys helps organizations optimize security and quality in DevSecOps and throughout the software development life cycle. Learn more at www.synopsys.com/software.

About Synopsys 

Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry’s broadest portfolio of application security testing tools and services. Whether you’re a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products. Learn more at www.synopsys.com.

Editorial Contact:

Mark Van Elderen

Synopsys, Inc.
650-793-7450
[email protected]

 

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SOURCE Synopsys, Inc.

FedEx to Reduce Debt by 11 Percent Following Completion of Strategic Public Offerings

FedEx to Reduce Debt by 11 Percent Following Completion of Strategic Public Offerings

Issues Sustainability Bonds in Connection with Goal of Carbon Neutral Operations by 2040

MEMPHIS, Tenn.–(BUSINESS WIRE)–
FedEx Corp. (NYSE: FDX) today announced the completion of the offerings of $1.75 billion of USD-denominated notes and €1.25 billion of euro-denominated notes.

A portion of the proceeds of the debt offerings, which received strong market support, will be used with existing cash to redeem $5.8 billion of the company’s existing debt. This will eliminate near-term debt obligations taken on during the early stages of the COVID-19 pandemic. An additional portion carries historical significance for the company and the industry, representing the first sustainability bond ever issued by a North American transportation and logistics company.

Key features of the transactions include:

  • Substantial Overall Debt Reduction. The debt offerings and subsequent redemptions, which will be completed later this month, represent the largest series of related debt transactions in company history and will result in the net reduction of $2.6 billion in FedEx debt obligations. Eliminating these obligations will effectively reduce the company’s total debt portfolio by 11 percent and significantly strengthen its balance sheet, taking advantage of a favorable interest rate environment.
  • Elimination of Near-Term Debt Maturities. Using proceeds from the debt offerings and existing cash, FedEx will eliminate all debt maturities through fiscal year 2025 and one tranche in fiscal year 2027, strengthening the company’s balance sheet and providing liquidity and flexibility in the coming years.
  • Flexibility for the Future. FedEx will maintain its strong liquidity and cash position, providing flexibility in a still-challenging macroeconomic environment even as total outstanding obligations are materially reduced.

Additionally, the offerings include an eight-year, €600M sustainability bond tranche in Europe. This is the first sustainability bond issued by a North American transportation and logistics company and is one of the ways FedEx will fund its efforts to achieve its goal of carbon neutral operations by 2040. Additional information about the many ways FedEx is committed to helping create a sustainable future for commerce is available on the company’s sustainability website, which includes more details about its approach to sustainable financing.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $79 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 570,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon neutral operations by 2040. To learn more, please visit about.fedex.com.

Certain statements in this press release may be considered forward-looking statements, such as statements relating to management’s views with respect to future events and financial performance and underlying assumptions. Forward-looking statements include those preceded by, followed by or that include the words “will,” “may,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “plans,” “estimates,” “targets,” “projects,” “intends” or similar expressions. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic conditions in the global markets in which we operate, our ability to achieve our goal of carbon neutral operations by 2040, constraints, volatility or disruption in the capital markets and our ability to complete debt redemptions; and other factors which can be found in FedEx Corp.’s and its subsidiaries’ press releases and FedEx Corp.’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. We do not undertake or assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Chris Allen

FedEx Media Relations

(901) 530-4162

[email protected]

KEYWORDS: Europe United States North America Tennessee

INDUSTRY KEYWORDS: Trucking Environment Logistics/Supply Chain Management Air Transport

MEDIA:

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Less Than a Year After Opening, A. Duie Pyle Breaks Ground on Hagerstown Integrated Logistics Center Expansion

After opening the facility in September 2020, the premier transportation provider breaks ground on 115,000-square-foot expansion to bring additional capacity for its customers

WEST CHESTER, Pa., May 04, 2021 (GLOBE NEWSWIRE) — A. Duie Pyle (Pyle), the premier provider of asset and non-asset-based transportation and supply chain solutions in the Northeast, today announces it has broken ground on a 115,000-square-foot expansion of its Hagerstown Integrated Logistics Center, which opened in late 2020. Once completed, the total square footage of the facility will reach 383,545.

The expansion will provide comparable warehouse and distribution functionality to Pyle’s recent integrated logistics campus openings, including warehousing pick, pack and ship. It will also offer nearly 10,000 square feet of flammable storage. All of this will add to Pyle’s existing 266,585 square-foot facility, which includes an 80 door LTL cross-dock, full-service fleet maintenance garage, along with office and warehouse space.

Currently, the Hagerstown Integrated Logistics Center provides customers in the region with same- and next-day distribution, assembly and value-added project capabilities, final-mile delivery options, improved shipping integrity, extended cut times, consolidation and de-consolidation. It also includes complete integration of Pyle’s LTL, Logistics, Dedicated and Warehousing & Distribution solutions.

The expansion will add to Pyle’s overall capacity to meet the needs of its customers who utilize the transportation provider’s supply chain solutions while also providing a strategic entry point to northeast distribution.

“We are excited to announce the expansion of our Hagerstown campus and look forward to adding new locations to our portfolio of Integrated Logistics Centers,” said Frank Granieri, COO of Supply Chain Solutions at A. Duie Pyle. “Several projects are in various stages of development as we continue to invest in Transportation, Cross Dock, and Warehouse capacity to provide our customers with flexible integrated solutions that exceed their supply chain needs.“

The expansion is expected to be completed by January 2022. For more information on A. Duie Pyle, visit www.aduiepyle.com.

About A. Duie Pyle

A. Duie Pyle, a family-owned and operated business for more than 97 years, provides a range of integrated transportation and distribution services supported by 24 LTL service centers and 14 warehouses strategically located throughout the Northeast region. Pyle provides a variety of asset and non-asset-based services offering uniquely engineered logistics solutions, including LTL, Dedicated fleet operations, Warehousing & Distribution services through more than 3.8 million square feet of public and contract warehousing space, and specialized services through its Logistics Solutions.

Media Contact

Lisa Rienhardt
Uproar PR for A. Duie Pyle
[email protected]
321.236.0102 x233



Schneider National, Inc. announces participation in upcoming virtual conferences

Green Bay, Wis., May 04, 2021 (GLOBE NEWSWIRE) — Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, today announced participation in the following investment conferences:

  • Morgan Stanley Life After Covid: 2021 Thematic Conference II: Tuesday, May 18, 2021. Mark Rourke, Chief Executive Officer, and Stephen Bruffett, Chief Financial Officer, will participate in a fireside chat. The fireside chat will begin at 12:45 p.m. (Eastern Time).
  • BofA Securities Transportation, Airlines & Industrials Conference: Wednesday, May 19, 2021. Mark Rourke, Chief Executive Officer, and Stephen Bruffett, Chief Financial Officer, will participate in a fireside chat. The fireside chat will begin at 2:40 p.m. (Eastern Time).

Webcasts for these events may be available and located on Schneider’s Investor Relations website (www.investors.schneider.com). A replay of each fireside chat will be available for a limited time following the conference.

About Schneider

Schneider is a premier provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-HaulTruckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting

With $4.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on Facebook,LinkedIn and Twitter: @WeAreSchneider.

 

Source: Schneider SNDR

 

-END-

Attachment



Kara Leiterman
Schneider 
920-370-7188
[email protected]

Steve Bindas
Schneider
920-592-SNDR (7637)
[email protected]

Trex Commercial Products’ Railing “Steels” the Show at Dickies Arena

Custom architectural railings recognized by the American Institute of Steel Construction (AISC)

MINNEAPOLIS, May 04, 2021 (GLOBE NEWSWIRE) — Joining the ranks of the iconic Gateway Arch in St. Louis and Chicago’s Willis Tower, Dickies Arena in Ft. Worth, Texas, has earned national recognition by the American Institute of Steel Construction (AISC) as one of the year’s most innovative commercial projects. The multi-purpose arena was among just 10 projects from across the country chosen to receive a 2021 Innovative Design in Engineering and Architecture with Structure Steel (IDEAS2) Award, the steel industry’s top design honor. Earning special recognition by the judges were the architectural railings custom-engineered for the arena by Trex Commercial Products.

The new crown jewel of Ft. Worth, Dickies Arena is a 750,000-square-foot facility featuring more than 14,000 linear feet of custom architectural railing, including picket, cable, guardrail, glass railing and LED handrail. Touted by judges as an “integral and expressive part” of the venue’s design, the railings enhance the accessibility, safety and overall fan experience both inside and outside the arena.

“Dickies is truly a one-of-a-kind facility boasting the latest in design and building innovation,” said Laura Rygielski Preston, president of Trex Commercial Products, a leading national provider of architectural railing systems. “To have our work highlighted by the judges of this prestigious awards program is tremendously rewarding and a testament to our team’s ability to create products that standout while embracing and enhancing the distinct aesthetics of a venue.”

Trex Commercial Products engineered railings, friezes and grillwork panels to complement the stunning art deco architecture of Dickies Arena. Mixing elegance with signature Southwestern flair, iconic prairie motifs are incorporated in the metalwork and guardrails throughout the concourse areas to harmonize with the Texas grass motifs in the floor coverings. Tensiline railing with stainless steel cables is used in front of fan seating areas to optimize sightlines, while Griprail provides a sturdy graspable metal handrail in between aisles. Adding to the upscale décor of the North Club, curved post guardrail with glass panel inserts offers unobstructed views of the action on the field below.

Among the many architectural highlights of Dickies Arena are four spiral staircases in distinctive octagonal, circular and helical designs. The Trex Commercial Products team utilized 3D laser scanning technology to fabricate guardrails to the unique dimensions of each staircase and deliver impressive, European-inspired, floor-to-ceiling views.

Complementing the building’s art deco exterior are bi-color painted guardrails flanking the pedestrian bridge, which connects the arena to the garage. LED handrails on exterior stairs add a touch of modern ambiance to the building while enhancing safety.

“Steel is our go-to material for a high-traffic, 14,000-capacity venue like Dickies Arena because of its durability, flexibility, minimal maintenance and aesthetics,” noted Rygielski Preston. “Because steel is so versatile, we were able to work with the architects to not only realize their design visions, but to bring those visions to life with products that are also durable, sustainable and code-compliant.”

Sponsored by the AISC since 1960, the IDEAS² Award program recognizes projects that illustrate the exciting possibilities of building with structural steel. Past winners include such enduring landmarks as the One World Trade Center in New York, the Gateway Arch in St. Louis and Chicago’s Willis Tower. Dickies Arena and all of this year’s IDEAS² Award winners will be featured in the May 2021 issue of Modern Steel Construction magazine.

For more information about Trex Commercial Products, please visit www.trexcommercial.com.


About Trex Commercial Products


Trex Commercial Products is a national leader in architectural railings for commercial applications. Since 1990, the company has been committed to elevating the abilities of all people to safely access and enjoy amazing life experiences, while building an industry-leading reputation for quality and customer service. Based in Minneapolis, Trex Commercial Products, Inc. is a subsidiary of Trex Company, Inc. To learn more, visit https://www.trexcommercial.com.


About Trex Company, Inc.

 

Trex Company is the world’s largest manufacturer of high performance wood-alternative decking and railing, with nearly 30 years of product experience. The #1 brand in outdoor living is proud to be to Fortune magazine’s 2020 list of the world’s 100 Fastest-Growing Companies and to Forbes’ 2021 List of America’s Best Mid-Sized Companies. Stocked in more than 6,700 retail locations worldwide, Trex outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as a truly environmentally responsible choice. For more information, visit trex.com. You also can follow Trex on Twitter (@Trex_Company), Instagram (@trexcompany) Pinterest (trexcompany), or Houzz (trex-company-inc), “like” Trex on Facebook, or view product and demonstration videos on the brand’s YouTube channel (TheTrexCo).

Contact: Claire Vartabedian
L.C. Williams & Associates
800/837-7123 or 312/565-3900
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e7094bce-ae97-4bc0-a8b8-3bd70feee484



TripleBlind Joins the Snowflake Technology Partner Program, Supplements Innovative Cloud Security Infrastructure with Private Data Sharing

Snowflake Customers Can Safely Share Sensitive Data and Improve the Effectiveness of AML Initiatives, Healthcare Diagnoses 
and Finance Applications

TripleBlind Natively Supports Snowflake via JDBC, No Integration Required

KANSAS CITY, Mo., May 04, 2021 (GLOBE NEWSWIRE) — TripleBlind announced today its partnership with Snowflake, the Data Cloud company, to empower joint customers to run TripleBlind’s API-driven virtual exchange solution that enables data owned by one enterprise to run specific operations on data owned by another enterprise, on Snowflake’s platform.

“Snowflake’s platform includes multiple features such as dynamic data masking and end-to-end encryption, leveraging sophisticated cloud security technology to secure data both in transit and at rest,” said Riddhiman Das, co-founder and CEO of TripleBlind. “TripleBlind’s private data sharing builds on this strong foundation by allowing the data consumer to analyze and generate insights from sensitive data without decrypting it. With these insights, financial institutions create more effective anti-money laundering initiatives and healthcare systems that improve the quality of their diagnoses through access to larger, more diverse data sets.”

When a data owner and data consumer agree to private data sharing on Snowflake’s platform, TripleBlind’s solution automatically de-identifies the data and ensures they never move outside the owner’s firewall. The data consumer can only perform operations on the data specifically allowed by the data owner and all computations occur in the encrypted space. TripleBlind’s API-driven virtual exchange keeps intellectual property in an algorithm safe from reverse engineering attempts, while Snowflake’s secure data sharing technology means that data is never required to be moved or copied and is up-to-date. TripleBlind’s platform is architected to natively support data sets stored in the Snowflake Data Cloud, which means customers can seamlessly integrate the solution within their instance.

“Snowflake’s platform enables secure data sharing and the enforcement of privacy regulations to be seamless in the Data Cloud,” said Todd Crosslin, Global Head of Healthcare and Life Sciences, Snowflake. “Our partnership with TripleBlind can give customers the ability to securely share data in a governed way across their organizations and with partners, vendors and customers, without ever needing to move or copy the data.”                                

About TripleBlind

TripleBlind’s patented breakthroughs in advanced mathematics arm organizations with the ability to share, leverage and commercialize regulated data, such as PII and PHI, and mission-critical enterprise data, such as tax returns and banking transactions. It unlocks the estimated 105 petabytes of data stored by enterprises today that are inaccessible and unutilized due to privacy concerns and regulations. With TripleBlind, decision-makers generate new revenue for their organizations by gaining deeper insights faster, creating improved modeling and analysis, and collaborating more effectively with customers and partners and even competitors, while enabling enterprises to enforce today’s regulatory standards, such as HIPAA, GDPR, PDPA and other regulatory standards. 

For more information, please visit tripleblind.ai.

Contact

Victoria Guimarin
UPRAISE Marketing + Public Relations for TripleBlind
[email protected]
415.397.7600



BrainsWay Announces Social Media Sweepstakes to Celebrate Mental Health Awareness Month

The Sweepstakes, demonstrating how Deep Transcranial Magnetic Stimulation (Deep TMS) can fit into an average day, offers participants a chance to be one of 20 winners who will receive a curated self-care package

CRESSKILL, N.J., May 04, 2021 (GLOBE NEWSWIRE) — BrainsWay Ltd. (NASDAQ & TASE: BWAY) (“BrainsWay” or the “Company”), a global leader in the advanced noninvasive treatment of brain disorders, today announced the launch of its nationwide Sweepstakes, in conjunction with Mental Health Awareness Month. Participants can enter throughout the month of May for a chance to be one of 20 winners to receive a curated self-care package.

The goal of the Sweepstakes is to demonstrate how Deep Transcranial Magnetic Stimulation (Deep TMS) can easily fit into an average day, by featuring 20-minute tasks that can be completed in the same amount of time it takes to undergo a Deep TMS treatment session for major depressive disorder (MDD) or obsessive-compulsive disorder (OCD). Select brand ambassadors, including mental health advocates Rachel Novak (@rachel.novak) and Anna Russett (@anna.russett), who partnered with the Company for its “#TheRealOCD” campaign, along with Amy Tran (@doodledwellness) and Shelly-ann Shaw (the_depression_chronicles11), will also promote the Sweepstakes throughout the month to further awareness of the treatment.

“We view social media as a powerful platform to foster conversations around mental health and treatment options, and due to the COVID-19 pandemic, believe there are many new patients living with mental illness who can benefit greatly from knowing there is hope and they are not alone,” said Christopher von Jako, Ph.D., President and CEO of BrainsWay. “It is our mission to empower patients to know about noninvasive treatment options, especially ones that can be integrated into busy schedules and that can work around daily commitments, like Deep TMS.”

BrainsWay’s Deep TMS device noninvasively administers magnetic waves through a cushioned helmet to target deep structures of the brain that impact depression and OCD symptoms. The treatment offers a medication-free solution, and patients can return to normal activities, such as driving, immediately following the 20-minute sessions. BrainsWay Deep TMS received FDA clearance for the treatment of depression in 2013 and for the treatment of OCD in 2018.

To enter the Sweepstakes, participants must follow BrainsWay on FacebookTwitter, and/or Instagram, and tag one friend on a designated Sweepstakes post to help raise awareness around Deep TMS. For more on the prize and how to enter visit go.brainsway.com/MentalHealthAwarenessMonth.

About BrainsWay

BrainsWay is a global leader in advanced noninvasive neurostimulation treatments for mental health disorders. The Company is boldly advancing neuroscience with its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS) platform technology to improve health and transform lives. BrainsWay is the first and only TMS company to obtain three FDA-cleared indications backed by pivotal studies demonstrating clinically proven efficacy. Current indications include major depressive disorder, obsessive-compulsive disorder, and smoking addiction. The Company is dedicated to leading through superior science and building on its unparalleled body of clinical evidence. Additional clinical trials of Deep TMS in various psychiatric, neurological, and addiction disorders are underway. Founded in 2003, with offices in Cresskill, NJ and Jerusalem, Israel, BrainsWay is committed to increasing global awareness and broad access to Deep TMS. For the latest news and information about BrainsWay, please visit www.brainsway.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words, and include, but are not limited to, statements about the expected proceeds, use of proceeds and closing of the underwritten offering. These forward-looking statements and their implications are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: inadequacy of financial resources to meet future capital requirements; changes in technology and market requirements; delays or obstacles in launching and/or successfully completing planned studies and clinical trials; failure to obtain approvals by regulatory agencies on the Company’s anticipated timeframe, or at all; inability to retain or attract key employees whose knowledge is essential to the development of Deep TMS products; unforeseen difficulties with Deep TMS products and processes, and/or inability to develop necessary enhancements; unexpected costs related to Deep TMS products; failure to obtain and maintain adequate protection of the Company’s intellectual property, including intellectual property licensed to the Company; the potential for product liability; changes in legislation and applicable rules and regulations; unfavorable market perception and acceptance of Deep TMS technology; inadequate or delays in reimbursement from third-party payers, including insurance companies and Medicare; inability to commercialize Deep TMS, including internationally, by the Company or through third-party distributors; product development by competitors; inability to timely develop and introduce new technologies, products and applications, and the effect of the global COVID-19 health pandemic on our business and continued uncertainty and market impact relating thereto.

Any forward-looking statement in this press release speaks only as of the date of this press release. The Company undertakes no obligation to publicly update or review any forward- looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s Annual Report on Form 20-F. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov.

BrainsWay Media Contact:

Will Johnson
[email protected]
(201) 465-8019 



Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares

JERSEY CITY, N.J., May 04, 2021 (GLOBE NEWSWIRE) — BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company’s Class A common shares and $0.07 per share on the Company’s Class B common shares.

Cash dividends for Class A and Class B common shares are payable on July 30, 2021 to shareholders of record on July 15, 2021.

Bel currently has approximately 12,346,000 common shares outstanding, of which 2,145,000 are Class A common shares and 10,201,000 are Class B common shares.

About Bel

Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing, military, aerospace, medical, transportation and broadcasting industries. Bel’s product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies). The Company operates facilities around the world.

Investor Contact:

Darrow Associates
tel 516.419.9915
[email protected]
Company Contact:

Daniel Bernstein
President
[email protected]
 



Hillman Capital Chooses SS&C to Service Hillman Value Fund

SS&C ALPS to provide turn-key fund administration and regulatory services for the Hillman Value Fund

PR Newswire

WINDSOR, Conn., May 4, 2021 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Hillman Capital Management (HCM), a boutique value equity manager with over two decades of performance history, has transitioned its Hillman Value Fund (HCMAX) to SS&C ALPS Series Trust. SS&C ALPS Registered Fund Services will administer the USD176 million total return fund.

“Working with SS&C ALPS’s highly knowledgeable and experienced staff ensured a smooth transition for the Hillman Value Fund and positioned the fund for future growth,” said CEO/CIO and founder Mark Hillman. “SS&C’s oversight of regulatory and compliance requirements gives us more time to focus on what we do best— managing our clients’ assets.”

“SS&C ALPS’s is a great strategic partner to continue building on the strong growth HCM has experienced in the last two years,” added Pete Beebe, President of HCM.

“We are proud to partner with HCM in servicing the Hillman Value fund,” said Una Troy, Head of SS&C ALPS Fund Services. “The comprehensive operating model of SS&C ALPS Series Trust ensures we can provide speed-to-market and distribution scalability. We look forward to supporting Hillman Capital’s growth.”

The SS&C ALPS Series Trust platform provides a front-to-back solution for asset managers and fund issuers. The turn-key service model includes compliance, creative Web services, distribution services, fund accounting, fund administration, middle office, legal administration, tax administration, transfer agency, and Series Trust solutions. 

Learn more about SS&C ALPS Fund Services here.


About Hillman Capital Management

Hillman Capital Management, Inc. (HCM) was founded by Mark A. Hillman in 1998. The Firm offers portfolio management services to an international client base of foundations, endowments, corporations, pension plans and private investors. The Firm is the Investment Adviser to the Hillman Capital Management Funds, a family of registered mutual funds available to the general public.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

SOURCE: SS&C

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook.

 

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SOURCE SS&C

Shryne Group Adopts Remark AI’s Retail Platform for Flagship Los Angeles Stiiizy Retail Cannabis Location

PR Newswire

LAS VEGAS, May 4, 2021 /PRNewswire/ — Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence (“AI”) solutions and digital media properties, today announced a deal to partner with Shryne Group as Shryne continues to grow its retail footprint in California. Shryne currently operates 12 retail dispensaries in the state. Beginning with Shryne’s flagship Stiiizy DTLA Store in Los Angeles, Shryne Group is adopting Remark’s Retail AI Platform to assist with customer service and marketing, while providing state-of-the-art security via Remark’s award-winning computer vision AI.

Shryne’s investment in leading edge technologies such as Remark AI is helping to fuel our exponential growth

“Growth in the retail cannabis market is expected to proliferate as more and more states adopt the legal recreational use of cannabis. Remark’s well established retail AI platform works with retailers to identify VIP customers, provide inventory management, heat mapping and other functionalities that support a great customer experience,” noted Kai-Shing Tao, Chairman and Chief Executive Officer of Remark Holdings. “Additionally, the highly regulated cannabis industry requires best-of-breed security solutions, using our computer vision products to delineate security zones, access areas and intrusion detection.”

“We are excited to work with Remark as we accelerate our retail growth,” says Brian Mitchell, CEO and co-founder of the Shryne Group. “Shryne’s investment in leading edge technologies such as Remark AI is helping to fuel our exponential growth and serving to bolster execution in building a world-class vertically-integrated cannabis company.”

About Shryne Group, Inc.

Shryne Group is the largest vertically integrated cannabis company in California, the most established and sizable legal market in the world. Shryne Group cultivates, manufactures, distributes and retails branded cannabis products at scale through multiple retail and distribution channels. For more information, please visit the company’s website at https://shrynegroup.com/.

About Remark Holdings, Inc.

Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company’s easy-to-install AI products are being rolled out in a wide range of applications within the retail, public safety and workplace arenas. The company also owns and operates an e-commerce digital media property focused on a luxury beach lifestyle. The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please visit the company’s website at www.remarkholdings.com.

Forward-Looking Statements

This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment and regulation. Words such as “may,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, as well as statements in future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, including those discussed in Part I, Item 1A. Risk Factors in Remark Holdings’ Annual Report on Form 10-K and Remark Holdings’ other filings with the SEC. Any forward-looking statements reflect Remark Holdings’ current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. Given such uncertainties, you should not place undue reliance on any forward-looking statements, which represent Remark Holdings’ estimates and assumptions only as of the date hereof. Except as required by law, Remark Holdings undertakes no obligation to update or revise publicly any forward-looking statements after the date hereof, whether as a result of new information, future events or otherwise.

Company Contacts

E. Brian Harvey
Senior Vice President of Capital Markets and Investor Relations
Remark Holdings, Inc.
[email protected]
702-701-9514

Fay Tian

Vice President of Investor Relations
[email protected]
(+1) 626-623-2000
(+86) 13702108000

 

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SOURCE Remark Holdings, Inc.