Posts

Posted on

Enterprises Choose Digital Realty’s PlatformDIGITAL® to Power Digital Business in the Era of Data Gravity

Register and join our global community of partners, customers and industry luminaries at MarketplaceLIVE on Nov. 19 as we explore the future of hybrid IT infrastructure for the digital world

PR Newswire

SAN FRANCISCO, Nov. 17, 2020 /PRNewswire/ — Digital Realty (NYSE: DLR), a leading global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, is hosting a global connected community at its annual MarketplaceLIVE event on Thursday, November 19 to examine the growing impact of data gravity, a megatrend expected to force a fundamental redesign of IT architectures.  

During this year’s global and virtual MarketplaceLIVE conference, Digital Realty will share insights into the challenges data gravity can pose to digital transformation and will significantly extend the geographic scope of the industry’s first Data Gravity Index DGx™.  This inaugural report projects that data gravity intensity across the global metros studied will double annually through 2024 and provides guidance for customers on overcoming data gravity challenges. 

At MarketplaceLIVE 2019 in New York, Digital Realty launched PlatformDIGITAL®, the company’s global data center platform, to meet the growing demand for organizations to scale digital transformation initiatives globally.  Since the launch of PlatformDIGITAL® one year ago, Digital Realty has expanded global coverage into 15 new metros, attracted more than 300 new customers to its platform, and broadened its partner community across technology leaders, network, cloud and compute providers.  

“This has clearly been a year of unprecedented change, and our customers’ needs are rapidly evolving,” said Digital Realty Chief Technology Officer Chris Sharp.  “We introduced PlatformDIGITAL® with the goal of transforming the value we provide customers around the world.  Through our Pervasive Datacenter Architecture PDx™ strategy and new solutions developed in collaboration with our partners, we’re helping customers rearchitect their IT to meet the challenges of today and tomorrow – whether that’s using AI to develop pioneering treatments for diseases, powering on-demand delivery and contactless payment, or fast-tracking a modern digital workplace for a virtual workforce.”  

Digital Realty has also achieved critical industry recognition for its global platform over the past year.  The company was recognized as a leader in the IDC Marketscape for Colocation and Interconnection Services 2019-2020; Interxion, a Digital Realty company, took the top spot in EMEA on Cloudscene’s Data Centre Ecosystem Leaderboard; and Frost & Sullivan awarded Digital Realty the 2020 Competitive Strategy Innovation and Leadership Award for the Asia Pacific data center industry.  In addition, Digital Realty was the first data center provider to be named ENERGY STAR Partner of the Year by the U.S. Environmental Protection Agency, for outstanding efforts to protect the environment through superior energy efficiency achievements across its data center portfolio. 



MarketplaceLIVE:  Global and Virtual on November 19

Digital transformation and the emergence of data gravity as the most important megatrend impacting enterprises are the central themes of MarketplaceLIVE 2020, Digital Realty’s flagship annual event.  Key highlights include:  

  • Data Gravity Index 1.5: Digital Realty VP of Growth Dave McCrory will present new findings of the Data Gravity Index™, revealing data gravity intensity across an expanded set of more than 50 metro areas and 23 distinct industries.
    • To access the latest insights, we invite you to sign up to be among the first to receive the Data Gravity Index 1.5 report upon its release next month.
  • PlatformDIGITAL Solutions Showcase: Digital Realty SVP Tony Bishop will host a fireside chat series discussing solution strategies and case studies for accelerating the adoption of data–centric architectures for digital business. The solution series will showcase partners from our global community, including industry leaders from AWS Outposts, NVIDIA, Yellowbrick Data and Zenlayer. The sessions will outline how customers are harnessing data gravity to rearchitect IT and scale digital business by leveraging next-generation hybrid IT solutions.
  • Keynotes
    • Dr. Shawna Pandya, physician, aquanaut, and martial artist will discuss the importance of resilience and how to build the skillset within any enterprise operation.

    • Geoffrey Moore
      , bestselling author of “Crossing the Chasm” and “Inside the Tornado” will introduce the concept of Escape Velocity and how it can free companies’ futures from the pull of the past.

    • Jayshree Ullal,       president & CEO of Arista Networks will discuss her entrepreneurial journey defying gravity via next-generation networking paradigms.
    • Gartner VP & Distinguished Analyst Drue Reeves will discuss the impact of data gravity across the core, cloud and edge and the significant implications for future IT architectures. Gartner VP Bob Gill will host an exclusive customer advisory session.
    • Irish tech visionary Dr. Anita Sands will discuss the importance of diversity in innovation.
    • British futurist Nikolas Badminton will discuss the trends that will shape impactful organizations, trillion-dollar companies, progressive governments, and 200+ billion-dollar investment funds.

“Data gravity is the single biggest challenge to digital transformation today,” said Digital Realty Senior Vice President, Platform, Growth and Marketing, Tony Bishop.  “Unchecked, it can slow innovation, get in the way of great customer experiences, and impede profitability.  And yet most enterprises and service providers are just at the beginning stages of understanding it.  At MarketplaceLIVE, the industry will come together to shine a light on this phenomenon, which will shape infrastructure deployments for global enterprises over the next decade.”  

Register for your complimentary MarketplaceLIVE pass here. 

Supporting Resources

About Digital Realty

Digital Realty supports the world’s leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions.  PlatformDIGITAL®, the company’s global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDx™ solution methodology for scaling digital business and efficiently managing data gravity challenges.  Digital Realty’s global data center footprint gives customers access to the connected communities that matter to them with more than 280 facilities in 49 metros across 24 countries on six continents.  To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter.  

Media & Industry Analyst Relations

Marc Musgrove

Digital Realty
+1 (415) 508-2812
[email protected]

Investor Relations

John J. Stewart / Jim Huseby
Digital Realty
+1 (415) 738-6500
[email protected]

Forward-Looking Statements

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to MarketplaceLIVE, Pervasive Datacenter Architecture PDx™, data gravity, Data Gravity Index DGx™, and PlatformDIGITAL®.  For a list and description of such risks and uncertainties, see the company’s reports and other filings with the U.S. Securities and Exchange Commission.  The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/enterprises-choose-digital-realtys-platformdigital-to-power-digital-business-in-the-era-of-data-gravity-301175052.html

SOURCE Digital Realty

Posted on

Insurance.com Offers New Health Insurance Finder Tool

Finding and choosing health insurance can be daunting; this new tool eases the pain

PR Newswire

FOSTER CITY, Calif., Nov. 17, 2020 /PRNewswire/ — The process of finding the right health insurance coverage can be confusing. Insurance.com, a leading insurance comparison site, launches a valuable tool to aid in the quest for securing the most-suitable health insurance for an individual or family’s needs.

In the new health insurance finder, the consumer is guided through four brief sets of questions geared at providing an excellent snapshot of the best health insurance requirements for that person or family. This user-friendly tool assesses family income, household size, ages and employment status, resulting in a recommended health insurance option. 

The health insurance finder tool explores:

  • Ways to get health insurance. Employer-sponsored plans, spouse coverage, individual coverage and government programs are outlined.
  • How to choose health insurance. The tool provides information on health insurance plans, such as PPOs and HMOs, to guide consumer decision-making.
  • What to look for in health insurance. Multiple factors to examine include out-of-pocket costs, provider networks and premiums.
  • Health insurance options. Options for health insurance include COBRA, Medicare, individual health insurance plans, Medicaid and employer-sponsored health plans. Currently, both Medicare and individual health plans are in the middle of their open enrollment periods. Medicare recipients choose between Oct. 15 and Dec. 7, while the Affordable Care Act open enrollment is Nov. 1 through Dec. 15 in most states.

“People need to understand their coverage options,” asserts Les Masterson, Insurance.com’s editor. “Once they know potential insurance avenues and determine what they want from a health plan, they can find health insurance that best meets their needs.”

Masterson is available to comment on how consumers can simplify their health care selection process using the health insurance finder tool.

About Insurance.com

Insurance.com is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the FinTech, financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. Insurance.com is a member of QuinStreet’s expert research and publishing division.

Insurance.com is a trusted online resource dedicated to educating consumers on auto, home, health and life insurance, developing relationships directly with carriers to offer consumers comparison rates from multiple companies. Since 2001, Insurance.com’s industry-first online tools, data-based reporting and experienced experts have helped consumers make informed insurance-related decisions, so they can choose the right insurance for their individual needs.

Twitter: @InsuranceDotCom
Facebook: https://www.facebook.com/InsuranceDotCom/

Media Contact

Charlene Arsenault

Public Relations Outreach Specialist
508-736-7708
[email protected]
LinkedIn

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/insurancecom-offers-new-health-insurance-finder-tool-301174024.html

SOURCE Insurance.com

Posted on

Enterprises Look for New Digital Workplace Tools During Ongoing Pandemic

ISG Provider Lens™ report finds companies looking for help with video conferencing, chatbot-based support

STAMFORD, Conn., Nov. 17, 2020 (GLOBE NEWSWIRE) — Enterprises are looking for provider support for online conferencing solutions and automated IT support bots as many continue to rely on remote working during the ongoing COVID-19 pandemic, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

The 2020 ISG Provider Lens™ Digital Workplace of the Future Archetype Report also finds that the continuing pandemic has highlighted the need for workplace transformation at many enterprises, although the need differs from company to company.

“Millions of employees have moved to a remote working environment or a home setup,” said Jan Erik Aase, director and global leader, ISG Provider Lens Research. “The global pandemic has accelerated the shift to many digital technologies, which would otherwise have taken years to implement, and workplace technologies are no exception.”

The report finds a surge in demand for video conferencing solutions such as Zoom, Cisco Webex and BlueJeans and for comprehensive workplace tools such as Google’s G-Suite.

At many companies, the focus on automation-led workplace support is also accelerating, with more clients rapidly implementing automated chatbots or artificial intelligence-enabled solutions to assist service desk support agents, the report says. While some clients have just started adopting these technologies, others have made significant progress implementing them.

Many enterprises want chatbot-enabled service desk support, but are still figuring out the best way to implement this technology, the report adds. Chatbot-enabled service desks have become an essential feature as many employees work from home and have limited ability to speak with a service desk agent virtually or in person.

Automated support capabilities have great potential for enhancing end-user experience, though they are often seen only as an enabler of greater cost savings and improved efficiency for service desk agents, the report says. For many enterprises, the focus is less on user experience and more on sustaining themselves with higher efficiency at minimum costs. Clients are also looking for hard, real and quantifiable evidence of improvements in costs and operational efficiency.

Still, managed workplace service providers increasingly are signing new contracts and renewing existing contracts with a focus on measurable user experience.

The pandemic also has put office productivity suites at the forefront of workplace technologies, the report adds. Before the pandemic, there was already a big shift toward the Microsoft technology ecosystem that was creating a vendor lock-in situation with Microsoft. During the pandemic, many large enterprises could only continue with solutions that can easily integrate with existing technology ecosystems. In many cases, there is a rush to implement and adopt Microsoft solutions such as Office 365 and Teams.

The ISG Provider Lens™ Digital Workplace of the Future Archetype Report examines four different types of clients, or archetypes, that are looking for digital workplace technologies. The report evaluates the capabilities of 27 providers to deliver services to the four archetypes:

Cost and operations optimizers: These customers look for cost savings and operational efficiencies while applying cutting-edge technologies within workplace transformation. Clients in this archetype look to modern technologies, such as artificial intelligence and machine learning, to achieve automation-enabled operational efficiency that results in measurable outcomes and cost savings.

Employee experience explorers: Customers in this archetype are focused on enhancing their end users’ experience through technology. They are interested in empirical evidence for an enhanced employee experience that can directly translate to business outcomes outside the purview of enterprise IT operations. These clients are ready to explore new experience-level agreements with their managed services provider.

Collaboration productivity solution focused: Customers in this archetype look to use modern productivity collaboration and communication solutions to achieve visible business benefits. This includes not only Microsoft 365 or the Office 365 ecosystem, but also solutions from other vendors. They are interested in consulting services for investment in these solutions, analytics to monitor usage, and change and adoption management to deliver business outcomes.

Next-gen workplace: These customers continue to have an office presence for their employees instead of having them to work only remotely. Customers in this category are looking for smart on-premises solutions to enhance user experience and, in present times, keep their employees safe. This archetype also includes clients that are looking for new and cutting-edge technologies that are specific to their industry operations.

Among the providers ISG evaluated, Atos, HCL and Wipro were named leaders across all four archetypes and Capgemini and TCS were named leaders in three. Accenture, DXC Technology, Infosys, Tech Mahindra, Unisys and Zensar were named leaders across two archetypes, and Coforge, Cognizant, Computacenter, CSS Corp., Fujitsu, Hexaware, IBM, Microland, Mphasis, NTT DATA, Stefanini, UST Global and Yash were named leaders in one.

The ISG Provider Lens™ Digital Workplace of the Future Archetype Report is available to subscribers or for immediate, one-time purchase on this webpage.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe and Latin America, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

Starting this year, each ISG Provider Lens™ study will include a Global Summary to help enterprise subscribers better understand provider capabilities across all geographic markets covered by that study. All ISG Provider Lens™ reports also will now include an Enterprise Context feature to help executives quickly identify key insights related to their roles and responsibilities.

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.

# # #



Will Thoretz
Information Services Group, Inc. 
+1 203 517 3119
[email protected]

Jim Baptiste
Matter Communications for ISG
+1 978 518 4527
[email protected]

Posted on

MGM Resorts International Named the 2020 “Responsibility” H.E.R.O.E.S. By the Western Regional Minority Supplier Development Council

PR Newswire

LAS VEGAS, Nov. 17, 2020 /PRNewswire/ — MGM Resorts International (NYSE: MGM) was the recipient of the “Responsibility” H.E.R.O.E.S award from the Western Regional Minority Supplier Development Council (WRMSDC) for the company’s leadership in inclusion and sustainable programs that allow Minority Businesses (MBE) to thrive.

The H.E.R.O.E.S. award, which stands for Heart. Excellence. Responsibility. Opportunity. Equality. Service., is bestowed upon an organization in recognition of their commitment to supplier diversity, advancing minority business success, and building economic wealth in Northern California, Nevada, and Hawaii.

MGM Resorts International is a company that focuses on what matters and Inclusion of diverse suppliers in the commerce of our supply chain is a major priority in our global procurement program. The Company’s objective is to provide business opportunities that promote the strategic objectives of quality and price competition. This provides diverse enterprises with economic opportunity, access to developmental guidance, capacity-building experience and the potential for repeat business critical to growth.

“At MGM Resorts, we know that having an inclusive procurement strategy widens our pool of potential suppliers, which in turn makes our overall supply chain more agile for our changing business needs,” said Kenyatta Lewis, Executive Director of Supplier Diversity and Sustainable Sourcing for MGM Resorts International. “We also firmly believe that including MBEs in our procurement promotes entrepreneurship and is good for our society as a whole.”

“WRMSDC applauds the incredible Corporate Members whose relentless commitment to supplier inclusion is moving the needle for economic equality in our communities. WRMSDC advocates for over 900 minority businesses, supports the Supplier Diversity efforts of over 460 Corporate Members. Every year, our minority businesses create over 760,000 jobs, generate over $11B in revenue, and contribute over $687.7M in taxes,” says Tanya Nixon, WRMSDC Board Chairperson.  


ABOUT MGM RESORTS INTERNATIONAL

MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 29 unique hotel and destination gaming offerings in the United States and Macau, including some of the most recognizable resort brands in the industry such as Bellagio, MGM Grand, ARIA and Park MGM. The Company’s 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its “Focused on What Matters: Embracing Humanity and Protecting the Planet” initiative, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.


Media Contact


Samantha Cummis

MGM Resorts International
[email protected]  
973-800-4119

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/mgm-resorts-international-named-the-2020-responsibility-heroes-by-the-western-regional-minority-supplier-development-council-301175055.html

SOURCE MGM Resorts International

Posted on

Introducing RediTrex®, A New Methotrexate Delivery System

PR Newswire

NASHVILLE, Tenn., Nov. 17, 2020 /PRNewswire/ — Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a U.S. specialty pharmaceutical company, announced today the launch of RediTrex® (methotrexate) injection. RediTrex is a new line of pre-filled syringes specifically designed for ease of handling and dosing accuracy for the subcutaneous administration of methotrexate in patients with arthritis and psoriasis.

“The RediTrex product line offers patients an important new choice in convenience, safety and dosing accuracy for their methotrexate therapy,” said A.J. Kazimi, Chief Executive Officer of Cumberland Pharmaceuticals.  

RediTrex is FDA approved for patients with severe, active rheumatoid arthritis and polyarticular juvenile idiopathic arthritis who have difficulty tolerating or responding to orally delivered methotrexate. It is also approved for symptomatic control of severe, recalcitrant, disabling psoriasis in adults who are not adequately responsive to other forms of therapy.

Arthritis is the most common cause of disability in the U.S., with an estimated 52 million Americans having some form of the disease. While there is no cure for most forms of arthritis, the treatment seeks to manage the disease symptoms1. Methotrexate (MTX) is the standard treatment for rheumatoid arthritis as a monotherapy or in combination with other disease-modifying antirheumatic drugs and biologic agents2. The oral form of MTX is typically the first line of treatment for rheumatoid arthritis. As disease progression occurs, the dose of oral MTX must be increased to stay effective, often causing intolerable gastrointestinal side effects. Injectable MTX has been proven to be more effective than oral MTX, with fewer gastrointestinal side effects. Because of the increased efficacy and tolerability, injectable MTX can delay the need to move to costly biologics, lowering overall patient treatment costs3. Once disease progression requires the use of biologics, continuing the treatment of injectable MTX along with the biologic has been shown to increase overall efficacy.

Current injectable MTX options available may not optimally meet the needs of an arthritis patient. Patients are offered either a vial and syringe for self-injection or the use of an expensive autoinjector. The vial and syringe method can be difficult for a patient to handle due to limited dexterity in their hands. In addition, obtaining the exact dose needed while preventing skin exposure to the caustic MTX can be quite challenging. The autoinjectors provide a better alternative to the vial and syringe but they remove injection control from the patient and can be painful to administer. They also resemble biologic autoinjectors, potentially causing confusion, and are more costly.

RediTrex has been designed to be the injectable MTX delivery system that optimally meets the needs of rheumatoid arthritis patients. RediTrex pre-filled syringes assure accurate safe dosing with an automatic retractable needle to reduce the risk of needle sticks. Each syringe is designed for ease of handling and has a large grip and concave plunger that allows patients with limited dexterity to self-administer at a controlled speed. The presentation also limits the possible confusion with biologic pens. In addition, RediTrex uses an extra-thin 29 gauge needle to reduce the pain of each administration. Lastly, RediTrex provides these benefits while being less expensive than autoinjectors.

RediTrex will be launched in two phases. Initial activity will focus on a limited number of centers and physicians as the organization gains insight into information needs and required patient support.  During the first quarter of 2021, the second phase will expand activities to a full national launch to the Rheumatology market.

For more information, including full prescribing and safety data, please see www.reditrex.com

  1. Arthritis Prevalence and Statistics www.verywell.com/arthrities-prevalaence-and-statistics-189356
  2. Yazici Y, Bata Y. Parenteral methotrexate for the treatment of rheumatoid arthritis. Bulletin of the Hospital for Joint Diseases – 2013.
  3. Lee J. Pelkey P, et al. Am Health Drug Benefits 2017; 10(1):42-48


About Cumberland Pharmaceuticals

Cumberland Pharmaceuticals Inc. is a specialty pharmaceutical company focused on the delivery of high-quality prescription brands to improve patient care. The Company develops, acquires, and commercializes brands for the hospital acute care and gastroenterology market segments. The Company’s portfolio of FDA-approved brands includes:

  • Acetadote® (acetylcysteine) Injection, for the treatment of acetaminophen poisoning;
  • Caldolor® (ibuprofen) Injection, for the treatment of pain and fever;
  • Kristalose® (lactulose) for Oral Solution, a prescription laxative, for the treatment of chronic and acute constipation;
  • Omeclamox®-Pak, (omeprazole, clarithromycin, amoxicillin) for the treatment of Helicobacter pylori (H. pylori) infection and related duodenal ulcer disease;
  • Vaprisol® (conivaptan) Injection, to raise serum sodium levels in hospitalized patients with euvolemic and hypervolemic hyponatremia;
  • Vibativ® (telavancin) Injection, for the treatment of certain serious bacterial infections including hospital-acquired and ventilator-associated bacterial pneumonia, as well as complicated skin and skin structure infections;
  • RediTrex®
    (methotrexate) Injection, for the treatment of active rheumatoid, juvenile idiopathic and severe psoriatic arthritis, as well as disabling psoriasis.

For more information on Cumberland’s approved products, including full prescribing information, please visit the individual product websites, links to which can be found on the Company’s website: www.cumberlandpharma.com.

The Company also has a series of Phase II clinical programs underway evaluating its ifetroban product candidates in patients with cardiomyopathy associated with Duchenne Muscular Dystrophy (“DMD”), Systemic Sclerosis (“SSc”) and Aspirin-Exacerbated Respiratory Disease (“AERD”).

Forward-Looking Statements

This press release contains forward-looking statements, which are subject to certain risks and reflect Cumberland’s current views on future events based on what it believes are reasonable assumptions. No assurance can be given that these events will occur. As with any business, all phases of Cumberland’s operations are subject to factors outside of its control, and any one or combination of these factors could materially affect Cumberland’s results of operations. These factors include market conditions, competition, an inability of manufacturers to produce Cumberland’s products on a timely basis or failure of manufacturers to comply with regulations applicable to pharmaceutical manufacturers, maintaining an effective sales and marketing infrastructure, natural disasters, public health epidemics, and other events beyond our control, as more fully discussed in the Company’s most recent Form 10-K and subsequent 10-Qs as filed with the SEC. There can be no assurance that results anticipated by the Company will be realized or that they will have the expected effects. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to publicly revise these statements to reflect events after the date hereof.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/introducing-reditrex-a-new-methotrexate-delivery-system-301175054.html

SOURCE Cumberland Pharmaceuticals Inc.

Posted on

EarthCam Expands Autodesk Partnership

Next-Level Integration for Live Webcam, VDC, and VR Dollhouse

Upper Saddle River, New Jersey, Nov. 17, 2020 (GLOBE NEWSWIRE) — Today at Autodesk University, EarthCam introduced unprecedented capabilities for Autodesk’s construction industry clients. Now, by merging real-time webcam imagery with Autodesk platforms, new intelligent perspectives of jobsites are being created. To that effort, EarthCam is premiering View Builder,PlanGrid Tasks and VR Dollhouse, unique, navigable 3D models infused with EarthCam’s 360° imagery.

“EarthCam is a great Autodesk partner, taking full advantage of the power of the Forge Viewer by integrating an array of photographic imagery,” said Jim Quanci, Senior Director, Developer Advocacy & Support at Autodesk. “The relationship between Autodesk and EarthCam is creating new innovative and valuable insights that enable VDC teams to make better more timely decisions that eliminate mistakes, reduce costs, keep projects on schedule and improve the safety of the construction site for everyone.”

Project teams can leverage EarthCam’s integration with Autodesk to view synched live camera streams meshed with model views, and zoom in on architectural details while immediately seeing the corresponding model alignment. The new View Builder provides VDC teams with a completely customizable way to create and save different layered views within the Forge Viewer. Project managers can prove that milestones have been reached by using merged images and model layers to show as-built conditions. For example, the steel model can be isolated to track progress early in construction. With View Builder, teams can quickly present the most relevant model layers with real-time video to support daily reports.

“As we continue to experiment with the combination of live webcams, 360° reality captures, drones and Autodesk BIM, we’re discovering solutions that create powerful new perspectives of the construction process,” said Brian Cury, CEO and Founder of EarthCam. “We’ve found untapped potential in the visual information that our cameras are able to produce on the jobsite and we’re excited to share these results to add value for our clients.”

VR Site Tour is EarthCam’s industry-leading 360° reality capture solution for site inspections and sharing jobsite information. New for Autodesk University are VR Dollhouse views, created by merging 360° photo content with Navisworks or Revit models to create new ways to walk the jobsite. Previously, generating these views required time consuming and expensive scans. EarthCam’s new option is much easier and less costly, requiring only a quick DIY site walk-through to grab 360° photos that are then merged with existing BIM models. Adding the dollhouse view enables remote fly-through navigation and gamified controls to quickly assess jobsite progress, resolve disputes and communicate with stakeholders.

Another efficiency was introduced to allow PlanGrid users to upload EarthCam visual data directly to PlanGrid Tasks. Actionable items, supported with imagery, can be assigned to project team members to fast-track understanding about what work needs to be completed, and by when, promoting collaboration and avoiding delays.

EarthCam is driving productivity for a more visually informative jobsite. EarthCam provides end-to-end services, including camera rentals, same-day delivery and professional installation. To learn about the new Autodesk integrations, visit EarthCam’s virtual exhibit at Autodesk University or at https://www.earthcam.net/autodesk/.

 

 

ABOUT EARTHCAM

 

EarthCam is the global leader in providing webcam content, technology and services. Founded in 1996, EarthCam provides live streaming video, time-lapse construction cameras and reality capture solutions for corporate and government clients. EarthCam leads the industry with the highest resolution imagery available, including the world’s first outdoor gigapixel panorama camera system. This patented technology delivers superior multi-billion pixel clarity for monitoring and archiving important projects and events. EarthCam has documented over a trillion dollars of construction projects around the world. The company is headquartered on a 10-acre campus in Northern New Jersey.

Projects documented by EarthCam include: Hudson Yards, Mercedes-Benz Stadium, Los Angeles SoFi Stadium, Las Vegas Allegiant Stadium, Golden State Warriors’ Chase Center, LaGuardia Airport, TWA Hotel at JFK Airport, Governor Mario M. Cuomo Bridge, Panama Canal Expansion, Qatar Rail, The Jeddah Tower, 56 Leonard Street, 432 Park Avenue, Whitney Museum of American Art, Louvre in Abu Dhabi, Smithsonian National Museum of African American History and Culture, One World Trade Center, Statue of Liberty Museum, and the Smithsonian Air & Space Museum.

Learn more about EarthCam’s innovative solutions at earthcam.net.

Attachments 



Francesca DePalo
EarthCam, Inc.
201-488-1111
[email protected]

Posted on

Rackspace Technology to Participate in the 2020 J.P. Morgan Ultimate Services Investor Conference

SAN ANTONIO, Nov. 17, 2020 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced that Kevin Jones, Chief Executive Officer, and Dustin Semach, Chief Financial Officer, will participate in the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 19, 2020. Mr. Jones and Mr. Semach will participate in a fireside chat at approximately 11:50am ET and be available for investor meetings.

For more information, please visit the Events and Presentations section of our Investor Relations website at https://ir.rackspace.com/news-and-events/events-and-presentations.

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

IR Contact

Joe Crivelli
Rackspace Technology Investor Relations
[email protected]

PR Contact

Natalie Silva
Rackspace Technology Corporate Communications
[email protected]



Posted on

Security Federal Corporation Announces Cash Dividend

AIKEN, S.C., Nov. 17, 2020 (GLOBE NEWSWIRE) — Security Federal Corporation (“Company”), parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.10 per share will be paid on or about December 15, 2020 to shareholders of record as of November 30, 2020.

This is the one hundred twentieth consecutive quarterly dividend to shareholders since the Bank’s conversion in October of 1987 from a mutual to a stock form of ownership. The dividend was declared as a result of the Bank’s continued profitability.

Security Federal Bank has seventeen full service branch locations in Aiken, Ballentine, Clearwater, Columbia, Graniteville, Langley, Lexington, North Augusta, Ridge Spring, Wagener and West Columbia, South Carolina and Evans and Augusta, Georgia. A full range of financial services, including trust and investments, are provided by the Bank and insurance services are provided by the Bank’s wholly owned subsidiary, Security Federal Insurance, Inc.

Security Federal Corporation common stock is traded on the Over-the-Counter Bulletin Board under the symbol SFDL.



FOR ADDITIONAL INFORMATION CALL: 
Beverly S. Nettles – (803) 502-2480

Posted on

MyBankTracker Survey: Millennials’ Financial Habits Improved Due to COVID-19

About 44% were able to save more during the pandemic

PR Newswire

FOSTER CITY, Calif., Nov. 17, 2020 /PRNewswire/ — There are many accounts of millennials moving back home with their parents, losing their jobs or being laid off. After inheriting a tough job market from the Great Recession, how has this age group been affected by the COVID-19 pandemic? The personal finance site, MyBankTracker.com, surveyed 1,001 Americans ages 25-34 to take a deeper look at how this generation has been impacted by the coronavirus.

Highlights
 

  • Nearly 30% of respondents say they suffered a career setback 
  • About 29% were forced to make a financial move like using emergency funds, moving home or changing living arrangements, borrowing money or a relief loan and/or tapping into retirement funds (28.8%)
  • More than 58% report they spent less due to the crisis, whether out of necessity or because there are fewer opportunities to spend money (58.2%)
  • Close to 44% were able to increase their savings (43.8%)

The pandemic adds to the financial challenges millennials face, but the analysis shows many are becoming resilient and turning a negative into a positive by reducing spending and building savings. This could have contributed to the recession, but it may be the smartest response for those facing economic hardship.

Four Out of Ten Millennials are Boosting Savings

  • About 44% were able to save more during the pandemic (43.8%) including:
    • 27.1% who saved slightly more
    • 16.7% who saved significantly more
  • Men were more likely to boost savings
    • 49.6% of male respondents report saving more
    • 38.9% of female respondents say they saved more
  • Overall 35.8% of respondents didn’t change their savings habits

Over 1/2 of Millennials Surveyed Reined in Spending By Choice or Necessity

  • More than half report they spent less than usual (58.2%)
    • Nearly 30% spent slightly less than usual (29.9%)
    • About 28% spent significantly less (28.3%)
  • Just 27.1% say spending was unchanged and 14.7% report spending slightly or significantly more

While the epic recession affects every age group, it may hit millennials the hardest. They already hold a record amount of student loan debt and just when their careers should be gaining momentum, they’ve suffered a setback that may impact their financial well-being and retirement outlook for decades.

Nearly Three Out of Ten Millennials Took Emergency Financial Action
The survey shows millennials are finding ways to make ends meet during the recession. A total of 28.8%* of respondents report being forced to make at least one major financial move:

  • 13.4% tapped their emergency fund
  • 7.1% applied for financial hardship loan relief
  • 6.3% moved in with family
  • 5.2% found a cheaper place to live
  • 5.0% took out a loan
  • 4.1% took an early withdrawal from retirement funds

*These numbers total more than 28.8% because some millennials say they had to take more than one action.

Nearly 1/3 of Millennials Suffered a Job Setback
The weak job market impacted respondents in a variety of ways:

  • Losing a job: 9.5% 
  • Didn’t get a promotion or raise they were expecting before COVID-19 hit: 8.4%
  • Taking a pay cut: 8.0% 
  • Unable to find a job due to the pandemic: 4.1%

View the complete analysis: Millennials’ Financial Habits Improved Due to COVID-19 Pandemic

Methodology
The study was conducted through Google Surveys on behalf of MyBankTracker from November 4-8, 2020 to October 2, 2020 with 1,001 respondents in the United States ages 25-34 with a standard deviation of +/- 7.4%.

The author of the study, Richard Barrington, is available for comment. He can provide insight into why millennials might be engaging in these patterns and what it could mean for their financial future. Barrington is a personal finance expert with more than 30+ years of experience in the financial industry.

About MyBankTracker
MyBankTracker is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the FinTech, financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. MyBankTracker is a member of QuinStreet’s expert research and publishing division.

MyBankTracker is an independent comparison website helping consumers make smart banking and financial decisions. The mission is to match consumers to their perfect bank by providing and tracking in-depth information on more than 5,000 banks, credit unions and financial products. Using a combination of technology and money management expertise, MBT provides personal finance comparison tools and educates consumers to optimize their relationships with banks and lenders.

Twitter: @mybanktracker
Facebook: https://www.facebook.com/mybanktracker

Media contact

Amy Eury

Public Relations Manager
412-532-9352
[email protected]
LinkedIn

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/mybanktracker-survey-millennials-financial-habits-improved-due-to-covid-19-301174000.html

SOURCE MyBankTracker.com

Posted on

Stone Increases Cash Portion of Consideration for Business Combination With Linx

SÃO PAULO, Brazil, Nov. 17, 2020 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it raised the cash portion of the consideration to be paid to Linx shareholders in connection with the definitive agreement for STNE Participações S.A. (“STNE”), a controlled company of Stone that holds the software investments business of the Stone group in Brazil, to merge its business with Linx S.A. (B3: LINX3; NYSE: LINX) (“Linx”), a leading provider of retail management software in Brazil (“Transaction”).

Conditioned on the approval on the Linx Extraordinary Shareholders meeting on November 17th, 2020, Stone increased the cash portion of the consideration to be paid to Linx shareholders by R$ 1.50 per share. As a result, each Linx share will receive cash consideration of R$ 33.56 plus 0.0126774 Stone Class A common shares, increasing the total consideration to R$ 38.06 per share, based on Stone’s closing price and exchange rate (PTAX) as of November 16, 2020, a premium of 44.6% to Linx unaffected1 30-day VWAP.

The Linx Extraordinary Shareholders meeting to vote on the transaction is scheduled to be held today at 2pm BRT (12pm EST).

Stone remains confident that the business combination with Linx represents a significant value creation opportunity for all stakeholders, including clients, shareholders and employees and will help accelerate Stone’s mission of empowering Brazilian merchants of all sizes to manage their businesses more effectively through technology.

Approvals

The implementation of the Transaction is conditioned upon, among other things: (i) prior approval by the Brazilian antitrust authority (CADE); (ii) approval by the Linx shareholders at the Linx ESM, authorization for STNE to not list in the Novo Mercado, and exemption for STNE to carry out the tender offer provided for in Section 43 set forth in Linx’s bylaws; (iii) approval by the STNE shareholders of the redemption of the mandatorily redeemable preferred shares granted to Linx’s shareholders in exchange for cash and/or Stone Class A common shares at a shareholders meeting of STNE; (iv) the Stone BDRs shall be registered with the CVM and admitted to trading at B3 and (v) the effectiveness by the United States Securities and Exchange Commission (“SEC”) of Stone’s registration statement on Form F-4 in respect of the Stone Class A common shares to be issued to Linx shareholders. Regarding condition (v), on October 5, 2020, the SEC declared Stone’s Form F-4 effective.

We do not expect the Transaction to generate antitrust concerns.

No Offer or Solicitation

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of the U.S. Securities Act of 1933, as amended, or an exemption therefrom.

Additional Information and Where to Find It

In connection with the Transaction, Stone and Linx have filed relevant materials with the SEC including a registration statement of Stone on Form F-4. The Form F-4 contains a prospectus and other documents. INVESTORS AND SECURITY HOLDERS OF STONE AND LINX ARE URGED TO READ THE FORM F-4 AND OTHER DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT STONE, LINX AND THE TRANSACTION AND RELATED MATTERS. The Form F-4 and all other documents filed with the U.S. SEC in connection with the Transaction will be available when filed, free of charge, on the U.S. SEC’s website at www.sec.gov. In addition, the Form F-4 and all other documents filed with the U.S. SEC in connection with the Transaction will be made available, free of charge, to U.S. shareholders of Stone on Stone’s website at http://www.stone.co.

FORWARD LOOKING STATEMENTS

This communication contains certain statements that are “forward-looking” statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934. Words such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “should”, “would”, “will”, “understand” and similar words are intended to identify forward looking statements. These forward-looking statements include, but are not limited to, statements regarding the Transaction. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this communication. For example, the expected timing and likelihood of completion of the Transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the Transaction that could reduce anticipated benefits or cause the parties to abandon the Transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstances that could give rise to the termination of the agreements relating to the Transaction, the risk that the parties may not be able to satisfy the conditions to the Transaction in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the Transaction, the risk that any announcements relating to the Transaction could have adverse effects on the market price of the shares of Stone or Linx, the risk that the Transaction and its announcement could have an adverse effect on the ability of Stone and Linx to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally, the risk that problems may arise in successfully integrating the businesses of the companies, which may result in the combined company not operating as effectively and efficiently as expected, the risk that the combined company may be unable to achieve cost-cutting synergies or it may take longer than expected to achieve those synergies, and other factors. All such factors are difficult to predict and are beyond Stone’s control, including those detailed in Stone’s annual reports on Form 20-F and current reports on Form 6-K that are available on its website at http://www.stone.co and on the SEC’s website at http://www.sec.gov. Stone’s forward-looking statements are based on assumptions that Stone believes to be reasonable but that may not prove to be accurate. Stone undertakes no obligation to publicly release the result of any revisions to any such forward-looking statements that may be made to reflect events or circumstances that occur, or which we become aware of, except as required by applicable law or regulation. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

Contact:

Investor Relations
[email protected]

___________________________________
1 Period preceding August 7th, which was the Reference Date in the Association Agreement