Provident Bank Opens New Wyckoff, N.J. Branch; Names Cornicelli Banking Center Manager

Branch marks the bank’s eighth location in Bergen County, N.J.

ISELIN, NEW JERSEY, Jan. 13, 2021 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, has announced the opening of its newest branch at 345 Franklin Avenue, Wyckoff, New Jersey. The modern, full-service banking facility offers customers a welcoming environment with convenient features that include a drive-through, ATM, night depository, and Saturday hours. The branch is open Monday, Tuesday, Wednesday and Friday from 9:00 am to 5:00 pm; Thursday from 9:00 am to 6:00 pm; and Saturday from 9:00 am to 1:00 pm.

“We’re pleased to extend our commitment to businesses and consumers of Wyckoff and the surrounding communities. Provident Bank has a long history of delivering innovative financial solutions and giving back to the communities it serves,” said Vito Giannola, Executive Vice President and Chief Retail Banking Officer. “We look forward to continuing this tradition at this new location,” added Giannola.

Maureen Cornicelli of Park Ridge, New Jersey, was named Assistant Vice President, Banking Center Manager of the new Wyckoff branch. Ms. Cornicelli is responsible for driving deposit and small business loan growth for the branch, developing sales strategies, ensuring superior customer service, as well as overseeing the staff and operational integrity of the branch.

Ms. Cornicelli has more than 35 years’ experience in retail banking, and most recently served as a Financial Service Officer/Branch Manager with Columbia Bank. She has also held branch management positions with JP Morgan Chase, Bank of New York, and Valley National Bank.

“I’m excited to welcome Maureen to the team. Her extensive background in retail banking will greatly enhance our efforts to deliver a best-in-class customer experience,” said Samera Martinez, Senior Vice President, Regional Manager. “She understands the important role Provident plays in meeting the financial needs of both businesses and consumers,” added Martinez.

###

About Provident Bank

Provident Bank, a community-oriented financial institution offering “Commitment you can count on” since 1839, is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $12.87 billion as of September 30, 2020. With $9.56 billion in deposits, Provident Bank provides a comprehensive suite of financial products and services through its network of branches throughout northern and central New Jersey, as well as Bucks, Lehigh and Northampton counties in Pennsylvania and Queens County in New York. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company and full service insurance agency and brokerage services through its wholly owned subsidiary, SB One Insurance Agency, Inc. For more information about Provident Bank, visit www.provident.bank or join the conversations on Facebook (ProvidentBank) and Twitter (@ProvidentBank).

Attachments



Keith Buscio
Provident Bank
732-590-9407
[email protected]

NV5 Announces $15 Million in Infrastructure Improvement Contracts

HOLLYWOOD, Fla., Jan. 13, 2021 (GLOBE NEWSWIRE) — NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of compliance, technology, and engineering consulting solutions, announced today that it has been awarded approximately $15 million in civil program management and design contracts by California cities and counties to support transportation and water infrastructure improvements and municipal capital improvement programs.

“NV5’s technical expertise in infrastructure design, inspection, and construction management makes us uniquely qualified to assist in the delivery of water and transportation projects,” said Dickerson Wright, PE, Chairman & CEO of NV5. “We are proud of the reputation that we have established as leaders in providing program management and engineering services to deliver safe and reliable infrastructure for our clients and the communities that they serve.”

NV5 was selected for three contracts to provide project management and owner’s representative services to support airport improvements in the County of San Diego, the Oakhurst Midtown Connector roadway project in the County of Madera, and sewer improvements for a large city in the Central Valley. NV5 was also awarded multi-year project management and staff augmentation contracts by a large southern California municipality, as well as by the City of El Monte, and by Kern County, to provide project management, owner’s representative services, inspection services, and additional support on capital improvement projects throughout their jurisdictions.  

“These awards are a testament to the diverse technical expertise and unique value that we offer to our municipal government clients, and we appreciate the trust they place in us to deliver successful projects,” said Todd George, PE, COO Infrastructure West at NV5.

About NV5

NV5 Global, Inc. (NASDAQ: NVEE) is a leading provider of compliance, technology, and engineering consulting solutions for public and private sector clients supporting infrastructure, utility, and building assets and systems. The Company primarily focuses on six business verticals: testing, inspection & consulting, infrastructure support services, utility services, buildings & program management, environmental health sciences, and geospatial technology services. NV5 operates out of more than 100 offices nationwide and abroad. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.

Investor Relations Contact

NV5 Global, Inc.
Jack Cochran
Vice President, Marketing & Investor Relations
Tel: +1-954-637-8048
Email: [email protected]

Source: NV5 Global, Inc.



Black Diamond Group Limited Announces Normal Course Issuer Bid

CALGARY, Alberta, Jan. 13, 2021 (GLOBE NEWSWIRE) — Black Diamond Group Limited (“Black Diamond” or the “Company”) announces that it has obtained approval of the Toronto Stock Exchange (the “TSX”) to commence a normal course issuer bid (the “NCIB”) with respect to its common shares (the “Common Shares”). The NCIB will commence on January 15, 2021 and will terminate on the earlier of January 14, 2022, the date on which the Company has purchased the maximum number of Common Shares permitted under the NCIB or the date on which the NCIB is terminated.

Under the NCIB, the Company may, over a 12-month period commencing on January 15, 2021, purchase in the normal course through the facilities of the TSX or alternative trading systems, if eligible, up to 4,208,716 Common Shares, such amount representing 10% of the public float of the Common Shares and approximately 7% of the 58,252,072 issued and outstanding Common Shares. Furthermore, subject to certain exemptions for block purchases, the maximum number of Common Shares that the Company may acquire on any one trading day is 8,224 Common Shares, such amount representing 25% of the average daily trading volume of the Common Shares of 32,896 for the six calendar months prior to the start of the NCIB. All Common Shares purchased by the Company under the NCIB will be cancelled.

Management of Black Diamond believes that, from time to time, the market price of the Common Shares may not fully reflect the underlying value of the Common Shares and that at such time the purchase of the Common Shares represents attractive investment value and would be in the best interests of Black Diamond. The purchase of Common Shares by Black Diamond will increase the proportionate interest of, and be advantageous to, all remaining shareholders.

During the prior NCIB of the Company, which will end on January 14, 2021, the Company obtained approval to purchase 4,180,249 Common Shares, and actually purchased 328,600 Common Shares at a weighted average price of approximately $1.26 per Common Share through the facilities of the TSX and alternative trading systems.

The Company has engaged Raymond James Ltd. to act as broker and to administer the NCIB.

About Black Diamond Group

Black Diamond is a specialty rentals and industrial services Company with two operating business units – Modular Space Solutions (MSS) and Workforce Solutions (WFS). We operate in Canada, the United States, and Australia. MSS through its principal brands, BOXX Modular, Britco, MPA, and Vanguard, owns a large rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service, and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial, and government sectors. WFS through its principal brands, Black Diamond Camps and Black Diamond Energy Services, owns a large rental fleet of modular accommodation assets of all types and sizes and a fleet of liquid and solid containment assets. Its regional operating terminals rent, sell, service, and provide ancillary products and services including turn-key operated camps to a wide array of customers in the resource, infrastructure, construction, disaster recovery, and education sectors. The WFS business unit also includes the Company’s wholly owned subsidiary, LodgeLink, which operates a digital marketplace for business-to-business crew accommodation, travel, and logistics in North America.

Learn more at www.blackdiamondgroup.com.

Investor and Media Inquiries

Jason Zhang at 403-206-4739 or [email protected]. To sign up for news alerts please go to https://www.blackdiamondgroup.com/investor-centre/news-alerts-subscription/.

Cautionary Note Regarding Forward Looking Statements

Certain information set forth in this news release contains “forward looking statements” as defined under applicable Canadian securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements with respect to expectations or intentions regarding potential future purchases of Common Shares under the NCIB. Although Black Diamond believes that the expectations reflected in the forward-looking statements contained in this news release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurances that such expectations or assumptions will prove to be correct. Readers are cautioned that assumptions used in the preparation of such statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of Black Diamond. These risks include but are not limited to: the impact of general economic conditions, industry conditions, fluctuation of commodity prices and stock market volatility. The risks outlined above should not be construed as exhaustive. Additional information on these and other factors that could affect Black Diamond’s operations and financial results are included in Black Diamond’s annual information form for the year ended December 31, 2019 and other reports on file with the Canadian securities regulatory authorities which can be accessed on SEDAR. Readers are cautioned not to place undue reliance on these forward-looking statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and Black Diamond does not undertake any obligation to update or revise any of the forward-looking statements, except as may be required by applicable securities laws.



MEDIA ADVISORY: The Association for Mineral Exploration presents Remote Roundup 2021

Monday January 18 – Friday January 22, 2021

VANCOUVER, British Columbia, Jan. 13, 2021 (GLOBE NEWSWIRE) — AME presents Remote Roundup 2021, the virtual debut of the annual AME Roundup conference, one of the largest gatherings of the global exploration industry, setting the trends in mineral exploration for the year.

Speakers include:



The


Honourable


John Horgan, Premier of British Columbia





The Honourable Bruce Ralston, Minister of Energy, Mines and Low Carbon Innovation





The Honourable Murray Rankin, Minister of Indigenous Relation




s




and Reconciliation





The


Honourable


Ravi


Kahlon


, Minister of Jobs, Economic


Recovery


and Innovation





Paul Lefebvre, Parliamentary Secretary to the Minister of Natural Resources



Ross Beaty, Chairman, Pan American Silver





Ephigenie


Banaynal


dela


Cruz, Senior Director, Responsible Sourcing, Microsoft





David Elliott, Vice President and Director, Haywood Securities





Robert Friedland, Founder, Executive Co-Chairman, Ivanhoe Mines





Randy Smallwood, President & CEO, Wheaton Precious Metals

Schedule: https://roundup.amebc.ca/schedule-at-a-glance/
Speakers: https://roundup.amebc.ca/program/speakers/

Dates: Monday January 18 – Friday January 22, 2021
Times: 9am – 4pm PST daily

Join us from anywhere in the world!

For media passes:

Gabrielle Poirier
[email protected]
905-269-1127 

For media inquiries:

Morgan Murphy
[email protected]
416-629-2143

Follow AME Roundup:



@AMEroundup

 on Twitter
@ameroundup on Instagram
ame-roundup on LinkedIn
#RemoteRoundup #AMERoundup2021 

About AME

AME is the lead association for the mineral exploration and development industry based in British Columbia. Established in 1912, AME represents, advocates and promotes the interests of almost 5,000 members who are engaged in mineral exploration and development in BC and globally. AME encourages a safe, economically strong and environmentally responsible industry by providing clear initiatives, policies, events and tools to support its membership in delivering responsible projects that advance reconciliation and provide benefit to all British Columbia.



CTO Realty Growth Announces Fourth Quarter 2020 Earnings Release and Conference Call Information

DAYTONA BEACH, Fla., Jan. 13, 2021 (GLOBE NEWSWIRE) — CTO Realty Growth (NYSE American: CTO) (the “Company”) announced today that it will report its financial and operating results for the fourth quarter and full year 2020 after the market closes on Thursday, February 18, 2021. A conference call to discuss its financial and operating results is scheduled for Friday, February 19, 2021 at 9:00 AM ET (the “Earnings Call”).

Shareholders and interested parties may access the Earnings Call via teleconference or webcast:

Teleconference: USA (Toll Free)
International
Canada (Toll Free)
1-888-317-6003
1-412-317-6061
1-866-284-3684

To access the conference call, enter 0116865 when prompted.

Webcast: https://services.choruscall.com/links/cto210219.html

To participate via teleconference, please dial-in approximately 10 minutes prior to the scheduled time of the Earnings Call. To access the webcast, log on to the web address noted above or go to www.ctorealtygrowth.com and log in at the investor relations section.

A replay of the Earnings Call will be archived and available online through the Investor Relations section of www.ctorealtygrowth.com.


About CTO Realty Growth, Inc.

CTO Realty Growth, Inc. (NYSE American: CTO) is a publicly traded diversified real estate investment trust that owns and operates a diversified portfolio of income properties comprising approximately 2.4 million square feet in the United States. CTO also owns an approximate 23.5% interest in Alpine Income Property Trust, Inc., a publicly traded net lease real estate investment trust (NYSE: PINE).

We encourage you to review our most recent investor presentation, which is available on our website at www.ctorealtygrowth.com.

Contact: Matthew M. Partridge
Senior Vice President and Chief Financial Officer
(386) 944-5643
[email protected]



Canterra Minerals Doubles its Land Position on the Rogerson Lake Structural Corridor, Newfoundland

Highlights

  • Increased the land position along the Rogerson Lake Structural Corridor from 104km

    2

    to 236km

    2

    , consolidating license holdings between the Wilding and Noel-Paul blocks
  • An increase of 127% in area along the structural corridor which hosts Marathon Gold’s Valentine Lake deposits, Matador Mining’s Cape Ray deposit, Sokoman’s Moosehead discovery and Tru Precious Metals’ Golden Rose and Twilight gold discoveries
  • The staking covers an additional 20km of strike length along the northeastern extension of the Rogerson Structural Corridor and the potential extension of gold-bearing structures within the corridor including historic grab samples of up to 19.7 g/t Au
  • Currently consolidating all historical work completed over this area to plan the exploration strategy for 2021

VANCOUVER, British Columbia, Jan. 13, 2021 (GLOBE NEWSWIRE) — Canterra Minerals Corporation (TSXV:CTM)(OTC Pink: CTMCF) (“Canterra” or the “Company”) is pleased to announce that it has doubled its land holdings in central Newfoundland, along the Rogerson Lake Structural Corridor from 104km2 to 236km2 through staking.

Canterra has staked nine new licenses totaling 527 mineral claims (132km2) covering an additional 20km of the northeastern strike-extension of the Rogerson Lake Structural Corridor, which hosts Marathon Gold’s Valentine Lake deposits, Matador Mining’s Cape Ray deposit, Sokoman’s Moosehead discovery and Tru Precious Metals’ Golden Rose and Twilight discoveries. These licenses were added to include several gold-in-soil anomalies, identified by previous exploration, that were not followed up on.

Noel-Paul Block:

The expansion of the Noel-Paul block covers the northeastern strike-extension of the Rogerson Lake Structural Corridor and is underlain by the same geological units that underlie the Wilding gold project and Marathon Gold’s Valentine Lake gold project. Previous explorers carried out reconnaissance soil sampling that identified several gold-in-soil anomalies, none of which were followed up on. The Noel-Paul block is also underlain by Cambro-Ordovician volcanic rocks which have significant potential to host massive sulphide (Cu-Pb-Zn-Ag-Au) deposits similar to the former Duck Pond Mine operated by Teck from 2007 – 2015. The former Duck Pond Mine is located 2km immediately north of the Noel-Paul block. On the Noel Paul Block prospecting by previous operators located the Jigger Showing. Grab samples taken in 2016 from Jigger assayed 19.7 g/t Au and 8.4 g/t Au. The showings are classified as structurally-controlled orogenic-style gold mineralization.

Exploration Plans:

Canterra is currently planning a $2.75 million exploration program, focusing on an aggressive exploration program on the Wilding block. This program will include additional diamond drilling on the existing zones and follow up trenching and diamond drilling on numerous targets identified from previous soil geochemistry sampling. Canterra also plans to expand the soil sampling to include highly prospective areas to the southwest and along strike from the known gold mineralization. Exploration on the Noel-Paul block and the newly acquired mineral licenses will involve the expansion of the soil geochemistry coverage and prospecting surveys.

About Canterra Minerals

Canterra is an exploration company focused on exploring for gold in central Newfoundland. The Company’s flagship asset is the Wilding Gold Project, 50km south by logging road from Millertown. Canterra’s team has more than 100 years of experience searching for gold and diamonds in Canada and have been involved in the discovery of two of Canada’s four diamond mines, in addition to the discovery of the Blackwater Gold deposit in British Columbia. Canada.

ON BEHALF OF THE BOARD OF CANTERRA MINERALS CORPORATION

Chris Pennimpede

President & CEO

Additional information about the Company is available at www.canterraminerals.com
For further information, please contact: +1 (604) 687-1448
Email: [email protected]

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

Cautionary Note Regarding Forward-Looking Information

This press release contains statements that constitute “forward-looking information” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects.; the business and operations of the Company; unprecedented market and economic risks associated with current unprecedented market and economic circumstances due to the COVID-19 pandemic, as well as those risks and uncertainties identified and reported in the Company’s public filings under its respective SEDAR profile at www.sedar.com. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c52f8b42-4e6c-454d-a18f-6c2ff5be28e9.



Bragg Gaming Launches with Betway

ORYX’s premium titles to offer a new dimension of content to the global online sports betting and casino’s players.

TORONTO, Jan. 13, 2021 (GLOBE NEWSWIRE) — ORYX Gaming, a Bragg Gaming Group company (TSXV: BRAG, OTC:BRGGF), announced today that its entire RGS portfolio has gone live with leading global online sports betting and casino operator Betway via their market-leading ORYX Hub platform. Betway is licensed in several key jurisdictions. 

With new legislation entering into force in Germany in 2021, the country presents a great opportunity for both parties and ORYX’s content has been designed to be fully compliant with the latest German transition period guidelines and will also be ready for the next wave of requirements. ORYX’s portfolio includes games from its exclusive RGS studios such as GAMOMAT, Kalamba Games, Givme Games, Golden Hero, CandleBets, Peter & Sons and Arcadem and will initially be available to expectant players in the .com and German markets. 

“We’re delighted to see our partnership with Betway go live and our titles are going to offer a new dimension of content to their players,” said Matevz Mazij, Managing Director of ORYX Gaming. “Our RGS content has already been proven strong in Germany and beyond, and this partnership will further strengthen the reach and reputation for both our companies.”

“Seeing the array of premium content from ORYX become available to our customers is the result of hard work and close collaboration,” said Paul Adkins, Marketing and Operations Director at Betway.It’s great news for everyone involved and we’re sure that it’s the start of a relationship that will be a huge success.”

According to the deal, Betway will also be able to use ORYX’s player engagement tools and data services available via ORYX Hub. These player engagement tools include free spins, tournaments and leaderboards. 

ORYX is licensed by the Malta Gaming Authority (MGA) and the Romanian National Gambling Office (ONJN) and is compliant, certified or approved in 18 other major jurisdictions.

About Bragg Gaming Group

Bragg Gaming Group Inc. (TSXV: BRAG, OTC:BRGGF) is a next generation gaming group with cutting-edge technology, leading brands and world-class management expertise, developing into a global gaming force. Formed by a team of gaming industry experts, Bragg’s main portfolio asset is ORYX Gaming, an innovative business-to-business gaming technology platform and casino content aggregator. Through this brand and targeted acquisitions, Bragg is focused on becoming a leader within the evolving global gaming industry.

About Betway Group

Betway
Group is a leading provider of innovative, entertaining and exciting entertainment across sports betting, casino and esports betting. Launched in 2006, the company operates across a number of regulated online markets and holds licences in countries including the UK, Malta, Italy, Denmark, Spain, Belgium, Germany and Ireland. Based in Malta and Guernsey, with support from London, Isle of Man and Cape Town, the Betway team comprises over 1,500 people.

Betway prides itself on providing its customers with a bespoke, fun and informed betting experience, supported by a fair, safe and responsible environment. Betway is a member of several prominent industry-related bodies, including International Betting Integrity Association (IBIA), iGaming European Network (iGEN), the Independent Betting Adjudication Service (IBAS), and the Betting and Gaming Council (BGC), and is ISO 27001 certified through the trusted international testing agency eCOGRA. It is also a partner of the Professional Players Federation (PPF) and is a donor to many responsible gambling charities, including GambleAware. 

For Bragg Gaming Group, contact:

Yaniv Spielberg, CSO, Bragg Gaming Group
[email protected]

For media enquiries or interviews, please contact:

Kelly Morgan
[email protected]

For investor inquiries, please contact:

Tim Dawson, Bragg Gaming Group
[email protected]



MarketAxess Appoints Raj Paranandi as Chief Operating Officer for EMEA & APAC

LONDON, Jan. 13, 2021 (GLOBE NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced the appointment of Raj Paranandi as Chief Operating Officer, EMEA & APAC. The appointment is effective March 1st, 2021.

“Raj brings with him an impressive record of front-to-back operational leadership and successful strategic transformation”, said Christophe Roupie, Head of EMEA and APAC at MarketAxess. “His experience in building new business lines and leading major technology and infrastructure change programs will be highly valuable to us as we seek to expand our international business into new markets, sectors and product lines.”

Based in London, Mr. Paranandi will have day-to-day operational oversight for EMEA & APAC, including technology and product development, client and account services, data operations, regulatory operations and controls, settlements and middle-office functions. He will play a lead role in setting the long-term goals for the international business and lead new strategic change management initiatives. He will report to Christophe Roupie and work closely with Chris Concannon, President and Chief Operating Officer at MarketAxess.

“This is a wonderful opportunity to join a market leader that is driving evolution and innovation across global fixed income markets”, commented Mr. Paranandi. “The pace of the firm’s growth, and the many opportunities that its growing portfolio of trading, data and post-trade solution presents, is outstanding. I’m looking forward to adding my experience to the MarketAxess team as we look to sustain that pace and enhance the resilience, scalability and agility of the international business.”

Mr. Paranandi joins MarketAxess from UBS, where he was most recently Global Co-Head of Digital Transformation for UBS Global Markets & Global Head of Change for UBS Investment Bank. Prior to this, he spent four years as Global Chief Operating Officer for FX, Rates and Credit at UBS Investment Bank, focussed on developing a world-class fixed income business through technology re-engineering and business process simplification. Previous roles include technology and operational leadership roles at Barclays, Credit Suisse and Accenture. He has also served as a board member of the Global Financial Markets Association (GFMA).

About MarketAxess

MarketAxess operates a leading, institutional electronic trading platform delivering expanded liquidity opportunities, improved execution quality and significant cost savings across global fixed-income markets. A global network of over 1,800 firms, including the world’s leading asset managers and institutional broker-dealers, leverages MarketAxess’ patented trading technology to efficiently trade bonds. MarketAxess’ award-winning Open Trading™ marketplace is regarded as the preferred all-to-all trading solution in the global credit markets, creating a unique liquidity pool for a broad range of credit market participants. Drawing on its deep data and analytical resources, MarketAxess provides automated trading solutions, market data products and a range of pre- and post-trade services.

MarketAxess is headquartered in New York and has offices in London, Amsterdam, Boston, Chicago, Los Angeles, Miami, San Francisco, São Paulo, Hong Kong and Singapore. For more information, please visit www.marketaxess.com.

MarketAxess Media Relations Contacts:

Toby West
MarketAxess Holdings, Inc.
+44 (0)20 7709 3270
[email protected]



Molecula Secures $17.6 Million in Series A Funding to Democratize Machine-Scale Analytics and AI

Company launches first cloud-based offering as “easy button” for AI; Its enterprise feature store sets standard for big data readiness and query speed

AUSTIN, Jan. 13, 2021 (GLOBE NEWSWIRE) — Molecula, an enterprise feature store built for machine-scale analytics and AI, today announced it closed a $17.6 million Series A round of funding, bringing its total funding to $23.6 million. The round is led by Drive Capital, with participation from TTV Capital and existing investors including Tensility. Andy Jenks of Drive Capital will join Molecula’s board of directors. Proceeds from this round will accelerate the launch of Molecula Cloud and scale the organization’s sales and marketing efforts.

“A machine learning revolution is taking place right now — businesses, no matter the industry, will need to implement ML and AI to remain competitive, but current infrastructures are far too complex,” said Higinio (“H.O.”) Maycotte, CEO of Molecula. “The feature store is emerging as the most transformative category in the data space because it automates the preparation of data for machine-scale analytics and AI. Molecula takes the feature store one step further, by bridging the entire spectrum from data readiness to MLOps, making your most important data instantly computable.”

Today, businesses are drowning in the massive volumes of data generated every second and are hindered by hundreds of disparate data sources. Legacy and current generation technologies require federating, pre-aggregating, copying, and moving data, making real-time decisions almost impossible.

“The majority of the migration to the cloud, from a data infrastructure perspective, is simply lifting and shifting legacy approaches. Molecula’s feature store breaks this mold by creating a new compute layer for data,” said Andy Jenks, Partner, Drive Capital. “The market for data readiness is as big as it gets and we are excited to partner with Molecula to open the doors for AI and advanced analytics in every company, regardless of the environment.”

Molecula, the commercial version of the open-source, feature-first data format Pilosa, offers data engineers and data scientists a simple cloud-agnostic, compute-ready data layer that is ready for high performance, high-concurrency, advanced analytics, and AI. The system continuously extracts and updates features into a centralized feature store. This reduces the data footprint by 60-90 percent and provides a secure data format for sharing. By partnering with Molecula, industries including life sciences, healthcare, and financial services can achieve tangible value from their data easily, quickly, and with fewer resources.

An early customer of Molecula’s cloud solution includes a multiplayer online gaming network, Subspace, where speed and ultra-low latency are mission-critical to its performance.

“Molecula provides the millisecond, real-time data access and query speeds we need to help us optimize internet traffic and bottlenecks for online gamers around the globe,” said Don Brown, Head of Data at Subspace. “With the cloud offering, Molecula is delivering a completely turnkey environment so that we can focus on running our business and getting maximum value from our data.”

To learn more about Molecula and how businesses can strategically use data, contact us, or join one of our upcoming webinars.

About Molecula

Molecula is an enterprise feature store that simplifies, accelerates, and controls big data access to power machine-scale analytics and AI. The platform continuously extracts features, reduces the dimensionality of data at the source, and routes real-time feature changes into a central store, enabling millisecond queries, computation, and feature re-use across formats and locations without copying or moving raw data. The Molecula feature store provides data engineers, data scientists, and application developers a single access point to graduate from reporting and explaining with human-scale data to predicting and prescribing real-time business outcomes on all data. As an overlay to conventional systems, feature stores are easily adaptable, outperform traditional data-oriented approaches, and significantly reduce complexity, costs, and risk. Molecula is the enterprise version of Pilosa, an open-source feature-first storage format with 2,100+ global users. Molecula was founded in 2019 and has offices in Austin, TX and Palo Alto, CA, with a mission to establish its feature store as the new standard for big data access.

About Drive Capital

Drive Capital is a Columbus-based venture capital firm focused on investing in the world’s next generation of market-defining companies. The firm started in 2013 and raised over $1B of funds to invest in startups solving problems in large markets. Drive is an investor in more than 40 companies outside of Silicon Valley, including Root Insurance, Duolingo, and Branch.

Media Contact:
Molecula, Jocelyn Johnson, [email protected]



SeaChange International Appoints Chairman Robert Pons as Executive Chairman; Board of Directors Initiates Search for New CEO to Lead Company’s Next Phase of Growth

WALTHAM, Mass., Jan. 13, 2021 (GLOBE NEWSWIRE) — SeaChange International, Inc. (NASDAQ: SEAC), a leading provider of video delivery platforms, has appointed Chairman Roberts Pons as Executive Chairman, effective January 8, 2021. Pons succeeds Yossi Aloni, who resigned as Chief Executive Officer (CEO), President and as a director of the Company to pursue other interests. Pons joined SeaChange’s board in February 2019 and was appointed Chairman in December 2019. Pons has assumed operating responsibilities and will continue to do so until a new CEO has been appointed.

SeaChange’s board has initiated a search process for a new CEO to lead and execute the company’s long-term plan to drive growth at scale.

“We have a talented and highly capable leadership team that has positioned SeaChange as the leading technology provider enabling operators and content owners to cost-effectively launch and manage their content delivery needs,” said Pons. “This favorable positioning has allowed the Company to secure 39 Framework new wins since introducing the platform in 2019, including the recent win with one of the largest mobile network operators globally, which is the most meaningful in Company history. I look forward to working closely with the leadership team and Board to build on this momentum while ensuring a quick and seamless transition to the new CEO.”

Jeff Tuder, Vice Chairman of the Board, commented: “We are fortunate to have Bob step in as Executive Chairman to ensure continuity and execution of strategy while we search for a permanent CEO to lead SeaChange through its next phase of growth. Bob has more than 30 years of management and board experience, including a proven track record creating shareholder value for other leading technology companies he has been involved with.”

About SeaChange International, Inc.

SeaChange International (NASDAQ: SEAC) powers hundreds of cloud and on-premises platforms with live TV and video on demand (VOD) for more than 50 million subscribers worldwide. SeaChange’s end-to-end solution, the Framework, enables operators and content owners to cost-effectively launch a direct-to-consumer video service. This includes back-office, media asset management, ad management, analytics, and a client application for set-top boxes (STB), Smart-TVs and mobile devices. Framework is available as a product or managed service, and can be deployed on-premises, in the cloud or as a hybrid. For more information, please visit www.seachange.com.

SeaChange Contact:

Matt Glover
Gateway Investor Relations
949-574-3860
[email protected]