Market Newsdesk

Raytheon Intelligence & Space and C3.ai Form Alliance to Accelerate Military AI Adoption

Faster availability of AI will improve military readiness

REDWOOD CITY, Calif. & ARLINGTON, Va.–(BUSINESS WIRE)–C3.ai, a leading enterprise AI software provider, and Raytheon Intelligence & Space, a Raytheon Technologies (NYSE: RTX) business, today announced an alliance to develop artificial intelligence solutions for aerospace and defense missions for government customers, including the U.S. Air Force and intelligence community.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201130005187/en/

“Raytheon and C3.ai represent key partners for the U.S. Air Force, and specifically the Rapid Sustainment Office, in realizing the vision of harnessing AI to transform the military into a digital organization,” said Nathan Parker, deputy program executive officer for the Air Force Rapid Sustainment Office. “Fulfilling this vision of broad implementation requires identifying applicable use cases for AI across the Air Force, rapidly piloting solutions, and scaling successes across our enterprise to accelerate the transformation.”

AI is rapidly transforming the nature of warfare, and the military is actively working toward adopting this critical new technology.

“The military and intelligence community have access to more data now than any time in history, but it’s more than they’re able to make quick use of,” said David Appel, vice president of Defense & Civil Solutions at Space & C2 Systems for RI&S. “Artificial intelligence can be used to help them make sense of that data, which will allow them to make smarter decisions faster on the battlefield. And that’s just one of the benefits.”

The alliance pairs Raytheon Intelligence & Space’s expertise in aerospace and defense with C3.ai’s proven AI development abilities and applications to fast-track the delivery of these new tools.

“Raytheon and C3.ai are driven by similar purposes: Anticipating and solving our customers’ most difficult problems,” said Thomas M. Siebel, CEO of C3.ai. “Together, we offer an end-to-end enterprise AI platform and mission-tailored applications that will dramatically reduce cost and risk, accelerate adoption and deployment of AI solutions, and scale the impact of AI across any organization.”

About C3.ai

C3.ai is a leading enterprise AI software provider for accelerating digital transformation. C3.ai delivers the C3 AI^® Suite for developing, deploying, and operating large-scale AI, predictive analytics, and IoT applications in addition to an increasingly broad portfolio of turn-key AI applications. The core of the C3.ai offering is a proprietary, model-driven AI architecture that dramatically enhances data science and application development. Learn more at: www.c3.ai

About Raytheon Intelligence & Space

Raytheon Intelligence & Space delivers the disruptive technologies our customers need to succeed in any domain, against any challenge. A developer of advanced sensors, training, and cyber and software solutions, Raytheon Intelligence & Space provides a decisive advantage to civil, military and commercial customers in more than 40 countries around the world. Headquartered in Arlington, Virginia, the business generated $14 billion in pro forma annual revenue in 2019 and has 35,700 employees worldwide. Raytheon Intelligence & Space is one of four businesses that form Raytheon Technologies Corporation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005187/en/

Alissa Baker, Raytheon Intelligence & Space

[email protected]

C3.ai Public Relations

Lisa Kennedy

415-914-8336

[email protected]

KEYWORDS: California Virginia United States North America

INDUSTRY KEYWORDS: Defense Technology Aerospace Manufacturing Software Other Defense Contracts

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Ping Identity Announces Updated Participation Time at Wells Fargo TMT Summit

DENVER–(BUSINESS WIRE)–Ping Identity Holding Corp. (NYSE: PING) (“Ping Identity”), the Intelligent Identity solution for the enterprise, today announced updated details for its presentation at the Wells Fargo TMT Summit. The presentation (fireside chat format) will be held at 8:40am MT on Tuesday, December 1, 2020. Updated details for the event:

Wells Fargo TMT Summit
Date:		Tuesday, December 1, 2020
Time:		8:40 a.m. Mountain Time

The presentation will be available via live audio webcast and archived replay on Ping Identity’s investor relations website at http://investor.pingidentity.com.

About Ping Identity

Ping Identity is the Intelligent Identity solution for the enterprise. We enable companies to achieve Zero Trust identity-defined security and more personalized, streamlined user experiences. The Ping Intelligent Identity™ platform provides customers, workforce, and partners with access to cloud, mobile, SaaS and on-premises applications across the hybrid enterprise. Over half of the Fortune 100 choose us for our identity expertise, open standards, and partnerships with companies including Microsoft and Amazon. We provide flexible identity solutions that accelerate digital business initiatives, delight customers, and secure the enterprise through multi-factor authentication, single sign-on, access management, intelligent API security, directory, and data governance capabilities. For more information, visit www.pingidentity.com.

Ping Identity Contacts

Follow Us on Twitter: @PingIdentity

Join us on LinkedIn: Ping Identity

Subscribe to our YouTube Channel: PingIdentityTV

Like Us on Facebook: PingIdentityPage

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005136/en/

Investor Relations Contact

David Banks

Tel: 720.728.1007

[email protected]

Media Contact

Kristin Miller

Tel: 720.728.1033

[email protected]

KEYWORDS: Colorado United States North America

INDUSTRY KEYWORDS: Software Technology Security

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Navis Introduces N4 as a Service, Allows Terminals to Move to the Cloud for Agility and Cost Control with Subscription-based Service

Navis focused on advancing technology to provide customers flexibility and control

OAKLAND, Calif.–(BUSINESS WIRE)–Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, announced the launch of the N4 as a Service (SaaS) offering, allowing Navis customers to seamlessly move terminal operations to the cloud.

Terminals of all sizes are beginning to realize the potential of cloud-based solutions and are starting to make plans to move to their TOS to the cloud. Solutions like N4 SaaS provide customers with a complete package to streamline day-to-day operations utilizing the cloud and lay the groundwork for continuous terminal innovation moving forward.

N4 SaaS provides customers the full feature set of a TOS with the added convenience that it is delivered as a service, helping to further strengthen partnerships between terminals and clients, all at a predictable subscription price. Flexibility for terminals to right-size their operations is another key advantage of N4 SaaS. With container volumes fluctuating, N4 SaaS offers terminals the flexibility and agility needed to withstand changes in capacity both seasonally and over time.

“Terminals have routinely faced natural disasters and other acts of God that have temporarily disrupted or suspended operations. But the COVID-19 pandemic posed a very different and unprecedented set of challenges that, from it, will cause many terminals to reassess the way they operate and innovate in the future, particularly with cloud-based operations,” said Andy Barrons, Chief Strategy Officer, Navis.

Moving to the cloud with Navis N4 SaaS will allow terminals to focus their attention on their business, giving them a competitive advantage compared to terminals using traditional on-premise solutions and helping to control costs with a subscription based offering. Terminals will have the ability to continuously innovate their operations, allowing IT staff to focus on strategic initiatives and free up hardware spend for IT infrastructure, while minimizing production loss due to unplanned downtimes and bolstering security and disaster recovery in IT operations.

Navis is continuing to lead and forge new innovation with the addition of N4 SaaS to its portfolio of cloud solutions. Since the acquisition of Octopi in 2019, Navis has offered the cloud-based TOS to provide small terminal operators the agility and adaptability required to modernize and efficiently run their operational ecosystem. For additional information on the N4 SaaS offering, please visit https://www.navis.com/en/products/terminal-operations/n4-saas/.

About Navis, LLC

Navis, a part of Cargotec Corporation, is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Through its holistic approach to operational optimization, Navis customers benefit from improved visibility, velocity and measurable business results. Whether tracking cargo through a terminal, improving vessel safety and cargo capacity, optimizing rail network planning and asset utilization, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis helps all customers streamline operations. www.navis.com

About Cargotec Corporation

Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec’s business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimize global cargo flows and create sustainable customer value. Cargotec’s sales in 2019 totaled approximately EUR 3.7 billion and it employs around 12,000 people. www.cargotec.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005051/en/

Jennifer Grinold

Navis, LLC

T+1 510 267 5002

[email protected]

Geena Pickering

Affect

T+1 212 398 9680

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Software Technology Internet Data Management

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Masimo to Present in Piper Sandler Virtual Healthcare Conference

IRVINE, Calif.–(BUSINESS WIRE)–Masimo (NASDAQ: MASI) today announced that its management is scheduled to participate in the Piper Sandler Virtual Healthcare Conference on Wednesday, December 2, 2020 at 3:30 p.m. Eastern Time. A live webcast of the presentation will be available on the Masimo website at www.masimo.com. A replay of the webcast will be available following the live presentation.

About Masimo

Masimo (Nasdaq: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. Our mission is to improve patient outcomes and reduce the cost of care. Masimo SET^® Measure-through Motion and Low Perfusion^™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies. Masimo SET^® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates, improve CCHD screening in newborns, and, when used for continuous monitoring with Masimo Patient SafetyNet^™ in post-surgical wards, reduce rapid response team activations, ICU transfers, and costs. Masimo SET^® is estimated to be used on more than 100 million patients in leading hospitals and other healthcare settings around the world, and is the primary pulse oximetry at 9 of the top 10 hospitals listed in the 2018-19 U.S. News and World Report Best Hospitals Honor Roll. Masimo continues to refine SET^® and in 2018, announced that SpO2 accuracy on RD SET^™ sensors during conditions of motion has been significantly improved, providing clinicians with even greater confidence that the SpO2 values they rely on accurately reflect a patient’s physiological status. In 2005, Masimo introduced rainbow^® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb^®), oxygen content (SpOC^™), carboxyhemoglobin (SpCO^®), methemoglobin (SpMet^®), Pleth Variability Index (PVi^®), RPVi^™ (rainbow^® PVi), and Oxygen Reserve Index (ORi^™). In 2013, Masimo introduced the Root^® Patient Monitoring and Connectivity Platform, built from the ground up to be as flexible and expandable as possible to facilitate the addition of other Masimo and third-party monitoring technologies; key Masimo additions include Next Generation SedLine^® Brain Function Monitoring, O3^® Regional Oximetry, and ISA^™ Capnography with NomoLine^® sampling lines. Masimo’s family of continuous and spot-check monitoring Pulse CO-Oximeters^® includes devices designed for use in a variety of clinical and non-clinical scenarios, including tetherless, wearable technology, such as Radius-7^® and Radius PPG^™, portable devices like Rad-67^™, fingertip pulse oximeters like MightySat^® Rx, and devices available for use both in the hospital and at home, such as Rad-97^™. Masimo hospital automation and connectivity solutions are centered around the Iris^® platform, and include Iris Gateway^™, Patient SafetyNet, Replica^™, Halo ION^™, UniView^™, and Doctella^™. Additional information about Masimo and its products may be found at www.masimo.com. Published clinical studies on Masimo products can be found at www.masimo.com/evidence/featured-studies/feature/.

Masimo, SET, Signal Extraction Technology, Improving Patient Outcome and Reducing Cost of Care… by Taking Noninvasive Monitoring to New Sites and Applications, rainbow, SpHb, SpOC, SpCO, SpMet, PVI and ORI are trademarks or registered trademarks of Masimo Corporation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005020/en/

Investor Contact: Eli Kammerman

(949) 297-7077

[email protected]

Media Contact: Evan Lamb

(949) 396-3376

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Hospitals General Health Health Medical Devices

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Posted on November 30, 2020 9:03 am

Robbins Geller Rudman & Dowd LLP Updates Investors in Bayerische Motoren Werke Aktiengesellschaft (“BMW”) Securities Class Action Lawsuit Regarding Lead Plaintiff Motion Deadline

Robbins Geller Rudman & Dowd LLP Updates Investors in Bayerische Motoren Werke Aktiengesellschaft (“BMW”) Securities Class Action Lawsuit Regarding Lead Plaintiff Motion Deadline

SAN DIEGO–(BUSINESS WIRE)–
Robbins Geller Rudman & Dowd LLP announces that purchasers of Bayerische Motoren Werke Aktiengesellschaft (“BMW”) (OTC:BMWYY; BAMXF) securities between November 3, 2015 and September 24, 2020, inclusive (the “Class Period”), have until December 28, 2020 to seek appointment as lead plaintiff in the BMW securities class action lawsuit, Spanier v. Bayerische Motoren Werke Aktiengesellschaft, No. 20-cv-15081 (D.N.J.), which is pending before Judge Claire C. Cecchi.

The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired BMW securities during the Class Period to seek appointment as lead plaintiff in the BMW class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the BMW class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the BMW class action lawsuit. An investor’s ability to share in any potential future recovery of the BMW class action lawsuit is not dependent upon serving as lead plaintiff. If you wish to serve as lead plaintiff of the BMW class action lawsuit or have questions concerning your rights regarding the BMW class action lawsuit, please provide your information here or contact counsel, Michael Albert of Robbins Geller, at 800/449-4900 or 619/231-1058 or via e-mail at [email protected]. Lead plaintiff motions for the BMW class action lawsuit must be filed with the court no later than December 28, 2020.

The BMW class action lawsuit charges BMW, BMW (US) Holding Corp. (“BMW US”) and certain of their officers with violations of the Securities Exchange Act of 1934. BMW, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles and spare parts and accessories worldwide.

The BMW class action lawsuit alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) BMW kept a “bank” of retail vehicle sales that it used to meet internal monthly sales targets regardless of when the sales actually occurred; (2) BMW artificially manipulated sales figures by having dealers register cars as sold when the cars were still in inventory; and (3) BMW’s key operating metrics were inaccurate and misleading due to the foregoing facts. When the true details entered the market, the lawsuit claims that investors suffered damages.

On December 23, 2019, The Wall Street Journal reported that the U.S. Securities and Exchange Commission (“SEC”) was probing BMW’s sales practices, and stated, among other things, that: “The [SEC] is looking into whether the Munich-based auto maker engaged in a practice known as sales punching in the U.S., the people said. Sale punching occurs when a company boosts sales figures by having dealers register cars as sold when the vehicles actually are still standing on car lots.” On this news, the price of BMW’s American Depositary Receipts declined, damaging investors.

Then, on September 24, 2020, the SEC announced a settlement agreement with BMW regarding the investigation. According to the SEC’s order, from January 2015 to March 2017, BMW US “used its demonstrator and service loaner programs to boost reported retail sales volume and meet internal targets, resulting in demonstrator and loaner vehicles accounting for over one quarter of BMW [US]’s reported retail sales in this period.” On this news, the price of BMW’s American Depositary Receipts declined, further damaging investors.

Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities class action litigation. With 200 lawyers in 9 offices, Robbins Geller has obtained many of the largest securities class action recoveries in history. For seven consecutive years, ISS Securities Class Action Services has ranked the Firm in its annual SCAS Top 50 Report as one of the top law firms in the world in both amount recovered for shareholders and total number of class action settlements. Robbins Geller attorneys have helped shape the securities laws and have recovered tens of billions of dollars on behalf of aggrieved victims. Beyond securing financial recoveries for defrauded investors, Robbins Geller also specializes in implementing corporate governance reforms, helping to improve the financial markets for investors worldwide. Robbins Geller attorneys are consistently recognized by courts, professional organizations, and the media as leading lawyers in the industry. Please visit http://www.rgrdlaw.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005018/en/

Robbins Geller Rudman & Dowd LLP

Michael Albert, 800-449-4900

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Legal Professional Services

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First Republic Bank to Present at the Goldman Sachs US Financial Services Conference

SAN FRANCISCO–(BUSINESS WIRE)–First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will present at the Goldman Sachs US Financial Services Conference to be held virtually at 11:20 a.m. ET on Wednesday, December 9, 2020.

Mike Roffler, Chief Financial Officer, and Jason Bender, Chief Operating Officer, will present at the conference. The presentation will be webcast live over the Internet and can be accessed in the Investor Relations section of First Republic’s website at http://ir.firstrepublic.com/events-calendar. In addition to the live webcast, a replay will be available on First Republic’s website for 30 days following the event.

About First Republic Bank

Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional, relationship-based service and offers a complete line of products, including residential, commercial and personal loans, deposit services, and wealth management. Services are offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; and Jackson, Wyoming. First Republic is a constituent of the S&P 500 Index and KBW Nasdaq Bank Index. For more information, visit firstrepublic.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005321/en/

Investors:

Andrew Greenebaum / Lasse Glassen

Addo Investor Relations

[email protected]

[email protected]

(310) 829-5400

Media:

Greg Berardi

Blue Marlin Partners

[email protected]

(415) 239-7826

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

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Hudson Pacific Properties and CPP Investments Sign Agreement to Acquire Office Tower in Heart of Seattle’s Denny Triangle

LOS ANGELES & TORONTO–(BUSINESS WIRE)–
Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP) and Canada Pension Plan Investment Board (“CPP Investments”) today announced they have signed an agreement to purchase through a joint venture a 668,000-square-foot trophy office tower in Seattle for US$625 million (before closing adjustments). CPP Investments will own a 45% interest in the joint venture and Hudson Pacific will own 55% and act as general partner and as property, leasing and construction manager. The deal is expected to close in the fourth quarter of 2020.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201130005053/en/

The property, known by its address 1918 8^th Avenue, is situated in the heart of Denny Triangle proximate to Hill7, which is also jointly owned by Hudson Pacific and CPP Investments. The location is a few blocks from Hudson Pacific’s Washington 1000, a fully entitled Class A office development site adjacent to the Washington State Convention Center Addition. 1918 8^th Avenue is 98% leased with an average remaining lease term of 10 years and Amazon as its largest tenant occupying a majority of the building. The LEED Platinum certified tower was completed in 2010 and features a multi-level lobby, great room, central conferencing facility and large fitness center.

“Time and again, we’ve had success in growing our portfolio with properties adjacent to existing assets in neighborhoods undergoing positive transformation, and 1918 8^th Avenue represents a perfect opportunity to do that once more in Denny Triangle and with our trusted partner CPP Investments,” said Victor Coleman, Chairman and CEO of Hudson Pacific. “With its prime location, modern amenities and tenants backed by superior long-term credit, this investment will build upon our success in downtown Seattle and the Cascadian Innovation Corridor more broadly. We are also pleased to significantly expand our relationship with Amazon, which now becomes one of the largest tenants within our office portfolio.”

“We are pleased to expand our partnership with Hudson Pacific through the acquisition of 1918 8^th Avenue. Hudson Pacific is a leading real estate investor and operator, and this asset presents a compelling opportunity to add a high-quality investment with a strong cash flow profile to our joint portfolio in Seattle,” said Hilary Spann, Managing Director, Head of Real Estate Americas, CPP Investments.

In conjunction with the transaction, the joint venture expects to place a secured, non-recourse loan for approximately 50% loan-to-cost from a prominent institutional lender. Hudson Pacific will provide further details as to the transaction’s financial impact at closing.

About Hudson Pacific Properties

Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP and listed as a component of the S&P MidCap 400 Index. For more information visit HudsonPacificProperties.com.

About Canada Pension Plan Investment Board

Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Fund in the best interest of the more than 20 million contributors and beneficiaries of the Canada Pension Plan. In order to build diversified portfolios of assets, investments are made around the world in public equities, private equities, real estate, infrastructure and fixed income. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At September 30, 2020, the Fund totalled C$456.7 billion. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Facebook or Twitter.

Forward-Looking Statements Regarding Hudson Pacific Properties

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond Hudson Pacific’s control, which may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect Hudson Pacific’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, Hudson Pacific disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause Hudson Pacific’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in Hudson Pacific’s Annual Report on Form 10-K filed with the Securities and Exchange Commission, or SEC, and other risks described in documents subsequently filed by Hudson Pacific from time to time with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005053/en/

Hudson Pacific Properties

Investor Contact: Laura Campbell

(310) 622-1702

[email protected]

Media Contact: Laura Murray

(310) 622-1781

[email protected]

CPP Investments

Darryl Konynenbelt

Director, Media Relations

(416) 972 8389

[email protected]

 

KEYWORDS: United States North America Canada California

INDUSTRY KEYWORDS: REIT Architecture Commercial Building & Real Estate Construction & Property Urban Planning

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Bank of Southern California Appoints New Chief Credit Officer

Anne A. Williams Named Executive Vice President, Chief Credit Officer

SAN DIEGO–(BUSINESS WIRE)–
Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Anne A. Williams has joined the company as Executive Vice President, Chief Credit Officer. In this role, she will oversee Bank of Southern California’s credit functions, including credit administration, credit approval process, and loan policies and procedures, all while ensuring the overall quality of the Bank’s loan portfolio.

Ms. Williams is an accomplished credit risk professional with over 35 years of industry experience. Before joining Bank of Southern California, she was with California United Bank where she served as Executive Vice President, Chief Credit Officer (2005-2017) and Chief Operating Officer (2008-2017) and was a bank Director (2009–2014). Prior to that, Ms. Williams served as Senior Vice President and Credit Risk Manager for US Bank’s Commercial Banking Market for the State of California, and was previously the Executive Vice President and Chief Credit Officer at California United Bank (and its successor, Pacific Century Bank) from 1992 to 1999.

Ms. Williams earned a bachelor’s degree from Mount Holyoke College. Active in the community, she served on the Board of the Valley Economic Development Center, Inc. and is a former board member of the Los Angeles Local Development Corporation, the California Economic Development Lending Initiative, and the Park Advisory Board for the Pan Pacific Recreation Complex.

“Anne’s extensive banking experience will add to our already impressive executive management team and we welcome her to the Bank,” said Nathan Rogge, President and CEO of Bank of Southern California. “We look forward to leveraging her relationships and expertise in developing and growing commercial banking platforms as we continue to execute upon our plans to grow the Bank’s presence in the Southern California commercial banking market,” concluded Rogge.

Robert Marshall will assume the role as Chief Lending Officer. Mr. Marshall joined the Bank in 2012, and previously held the position of Executive Vice President, Chief Credit Officer. In his new role, he will continue to be integral to our credit underwriting and approval process, and will be responsible for evaluating risk in the loan portfolio. “Bob is a well-respected leader who has been essential to the strong risk profile of Bank of Southern California and I look forward to working with him and continuing to grow the organization,” said Anne Williams.

About Bank of Southern California

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank’s solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates branches in San Diego County, Los Angeles County, Orange County, San Bernardino County, and the Coachella Valley in Riverside County. For more information, please visit https://www.banksocal.com or call 844.BNK.SOCAL.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005013/en/

Amanda Conover

Bank of Southern California

[email protected]

858.847.4762

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Banking Professional Services Finance

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Data I/O Announces Support for Infineon OPTIGA™ TPM 2.0 on SentriX Product Creator Software Tool Suite

Data I/O’s new SentriX Product Creator™ tool for OEMs simplifies IoT security deployment for mission critical applications with support for Infineon OPTIGA™ TPM with pre-configured security use cases

REDMOND, Wash.–(BUSINESS WIRE)–
Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for security ICs, microcontrollers and memory devices and Infineon Technologies AG have collaborated to support Infineon’s OPTIGA™ TPM using Data I/O’s SentriX® security deployment as-a-Service. The collaboration simplifies the development and deployment of IoT security for OEMs using Data I/O’s SentriX Product Creator™ software tool.

OEMs are developing IoT devices for mission critical platforms for industrial applications, connected consumer products and automotive markets. These products require the highest level of security to ensure the integrity of their platforms. Designing in hardware-based security using a TPM security controller provides robust industry standard protection. OEMs require a simple and flexible method to define identity and deploy security definitions into their embedded systems. The SentriX Product Creator tool simplifies IoT security by delivering pre-configured security deployment profiles for the most popular IoT use cases such as cloud onboarding, secure boot, access control, device authenticity and others. The SentriX Product Creator tool offers OEMs customizable but pre-configured security profiles based on the most popular features supported on the Infineon OPTIGA TPM device saving time and effort and avoiding potential pitfalls during security deployment definition. The profile definitions completed using the SentriX Product Creator tool are securely transferred for device provisioning to a secure programming and distribution center. Together, Data I/O’s SentriX platform and Infineon OPTIGA TPM family offer the best combination of hardware-based security robustness, design flexibility and manufacturing production ease of use available today.

“As mission critical IoT and connected car applications continue to proliferate, OEMs need a streamlined and flexible way to deploy tamper-resistant hardware-based security. We are excited to collaborate with Infineon to support the Infineon OPTIGA TPM security controller on Data I/O’s SentriX platform,” said Michael Tidwell, vice president of marketing and business development of Data I/O Corporation. “The SentriX security deployment service enables OEMs to provision and personalize OPTIGA TPM devices at production scale but at a chip package level prior to shipping the device to a manufacturing line. Because Data I/O provides the SentriX platform as-a-service to component distributors and programming centers, its capability is available to OEMs with low minimum order quantities but scales to very high volume.”

“Our collaboration with Data I/O fits perfectly with our strategy to simplify security deployment and secured manufacturing for our customers,” said Lars Wemme, Head of IoT Security at Infineon Technologies. “Infineon’s OPTIGA TPM is a standards-based security controller enabling OEMs to easily design a wide range of security functions and dedicated key management capabilities into their embedded systems. The advanced security features of OPTIGA TPM combined with the ease of use offered by the SentriX Product Creator software tool suite enables OEMs to build robust security into their IoT devices quickly and easily.”

About SentriX Security Deployment as-a-Service

SentriX secures the global electronics supply chain and protects IoT device intellectual property from point of inception to deployment in the field.Data I/O’s SentriX security deployment platform provisions security objects and secrets into semiconductor devices for low volume prototyping applications and high-volume production. SentriX integrates a FIPS 140-2 Level 3 compliant HSM into an automated programming system which enables secure provisioning of credentials into security ICs and microcontrollers in high-volume.

SentriX Product Creator is the software tool suite used by OEMs, silicon vendors and programming facilities to define and collaborate on security features provisioned on SentriX. The SentriX Product Creator tool offers OEMs two flexible security deployment models: fully customizable and SentriX GO™ pre-configured security profiles saving time, effort and avoiding potential pitfalls during security deployment definition. The profile definitions completed using the SentriX Product Creator tool are secure at rest and transferred for device provisioning on the SentriX security deployment platform at a secure programming location. OEMs of any size can now securely provision devices from early samples all the way to high volume production prior to shipping chips to a manufacturing line using a cost effective as-a-service model. The SentriX Product Creator is available today.

Learn more about the Data I/O SentriX at www.dataio.com/sentrix

Learn more about the Infineon OPTIGA TPM: https://www.infineon.com/tpm

About Data I/O Corporation

Since 1972, Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, Internet-of-Things, medical, wireless, consumer electronics, industrial controls and other electronics devices. Today, our customers use Data I/O security deployment and programming solutions to reliably, securely, and cost-effectively bring innovative new products to life. These solutions are backed by a global network of Data I/O support and service professionals, ensuring success for our customers. For more information, please visit www.dataio.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005008/en/

Data I/O Corporation

Jennifer Higgins

Marketing and Communications Manager

425-867-6922

[email protected]

KEYWORDS: Washington United States North America

INDUSTRY KEYWORDS: Data Management Security Technology Mobile/Wireless Networks Internet

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Posted on November 30, 2020 9:03 am

Macy’s National Believe Week Seeks to Raise an Additional $1 Million Through Annual Believe Campaign Benefitting Make-A-Wish®

Macy’s National Believe Week Seeks to Raise an Additional $1 Million Through Annual Believe Campaign Benefitting Make-A-Wish^®

From Sunday, Nov. 29 through Saturday, Dec. 5, Macy’s will double its donation to Make-A-Wish for every letter sent to Santa online or dropped off at Macy’s stores

Printable Santa postcards can be downloaded here

NEW YORK–(BUSINESS WIRE)–
This year, Macy’s (NYSE:M) beloved Believe letter-writing campaign extends National Believe Day to National Believe Week, providing customers the opportunity to double their donations to Make-A-Wish for a full week, helping deliver hope and joy to wish kids and their families when they need it most.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201130005607/en/

During National Believe Week, from Sunday, Nov. 29 through Saturday, Dec. 5, Macy’s has pledged $2 for each letter to Santa collected (up to an extra $1 million above the existing $1 million campaign goal) to help children fighting critical illnesses’ life-changing wishes come true. (Photo: Business Wire)

From the start of Believe campaign through its final day on Dec. 24, for every letter sent to Santa online at macys.com/believe or dropped off in Macy’s stores, Macy’s will donate $1 to Make-A-Wish, up to $1 million. During National Believe Week, from Sunday, Nov. 29 through Saturday, Dec. 5, Macy’s has pledged $2 for each letter collected (up to an extra $1 million above the existing $1 million campaign goal) to help children fighting critical illnesses’ life-changing wishes come true.

“The impact of a wish forever transforms the lives of Make-A-Wish children battling critical illnesses and provides hope and strength needed to fight harder and look forward to tomorrow,” said Sam Di Scipio, Macy’s senior director of corporate communications, giving and volunteerism. “With the extension of National Believe Day to National Believe Week, we’re thrilled to give our customers and communities even more opportunities to safely participate in Macy’s Believe campaign and help Macy’s reach our extra $1 million goal to help more life-changing wish experiences come true.”

In celebration of National Believe Week, Macy’s stores, Make-A-Wish chapters and community partners across the country will host digital letter-writing parties and encourage letter drop-offs through Macy’s Curbside Pickup for enhanced safety. Now more than ever, as COVID-19 continues to impact communities and families, these letters to Santa can bring hope and joy to wish kids who are isolated and some of the most vulnerable members of our population.

For parents, educators and community leaders interested in participating in National Believe Week, Macy’s Believe Teacher & Parent Engagement Toolkit provides resources and lesson plans to easily execute within the new environment of virtual learning. These educational materials, created in partnership with The Learning Experience, include letter writing guides, holiday activities and more, offering fun and unique ways for children to learn the importance of giving back to those in need.

This year, Macy’s will help grant wishes across the country, including these three upcoming:

• Monday, Nov. 30 in Seattle, WA: 14-year-old Harry, diagnosed with lymphoma, wishes “to deliver care packages to cancer patients at Seattle Children’s Hospital.” Macy’s Bellevue and Make-A-Wish Alaska and Washington have teamed up to help Harry’s wish come true. During National Believe Week, Harry will deliver pillows from Macy’s and care packages to 25 patients at Seattle Children’s Hospital.
• Tuesday, Dec. 8 in Brooklyn, NY: 5-year-old Kennise, diagnosed with leukemia, “wishes to stay in a castle.” Make-A-Wish Metro New York and Macy’s Downtown Brooklyn will transform a portion of the store into a castle fit for a princess.
• Tuesday, Dec. 8 in Richmond, VA: 5-year-old Ainarah, diagnosed with neuromuscular disorder, wishes “to meet JoJo Siwa.” Macy’s Short Pump Town Square, Nickelodeon and Make-A-Wish Greater Virginia will host a virtual meet-and-greet with singer and actress JoJo Siwa. Ainarah, her family and JoJo will be surprised with festive, matching family pajamas from Macy’s. On Giving Tuesday, Dec. 1, 20 percent of the purchase price (up to a total of $10,000) from Macy’s Family Pajama capsule will benefit Make-A-Wish.

Since 2003, Macy’s has donated more than $132 million to Make-A-Wish, including more than $21 million through the retailer’s annual Believe campaign, helping grant more than 15,500 wishes and impact more than 3.1 million people, including wish kids and their families, volunteers, community groups, medical professionals and more.

Health and safety continue to be a priority this holiday season. Macy’s 2020 Believe campaign offers virtual letter writing experiences ensuring customers and communities feel comfortable with enhanced safety measures in place. In addition to writing letters to Santa, find writing guides, local wish stories and more at macys.com/believe. Join the conversation on social by tagging #MacysBelieve.

About Macy’s

Macy’s is America’s Department Store. For more than 160 years, Macy’s has served generations at every stage of their lives. Macy’s customers come to us for fashion, value and high-quality products. We are proud of our heritage and the unique role we play in American culture and tradition. We celebrate occasions big and small, and have created decades of memorable experiences through Macy’s 4th of July Fireworks® and Macy’s Thanksgiving Day Parade®, as well as spectacular fashion shows, culinary events, flower shows, and celebrity appearances. With the collective support of our customers and colleagues, Macy’s helps make a difference in every market we serve, supporting local and national charities through funding and volunteer service. With fashion, value and celebration as our guide, Macy’s makes life shine brighter for our customers, colleagues, and communities.

About Make-A-Wish^®

Make-A-Wish creates life-changing wishes for children with critical illnesses. We seek to bring every eligible child’s wish to life because every child deserves a childhood. Research shows children who have wishes granted can build the physical and emotional strength they need to fight their illness. This year marks the 40th anniversary of the wish that inspired the founding of the organization in 1980. Since then, Make-A-Wish has become the world’s leading children’s wish-granting organization, serving children in every community in the United States and in nearly 50 countries worldwide. Together, generous donors, supporters, staff and more than 34,000 volunteers across the U.S. unite to deliver hope to wish kids and their families when they need it most. In total, Make-A-Wish has granted more than 330,000 wishes to children in the U.S. and its territories; more than 15,800 wishes in 2019 alone. For more information about Make-A-Wish America and the 40^th anniversary, visit wish.org.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005607/en/

Lauren Vocelle Phillips – Macy’s Media Relations, [email protected]

Jacqueline King – Macy’s Media Relations, [email protected]

KEYWORDS: New York Ohio United States North America

INDUSTRY KEYWORDS: Fashion Online Retail Retail Other Retail Home Goods Department Stores Specialty

MEDIA:

Photo

During National Believe Week, from Sunday, Nov. 29 through Saturday, Dec. 5, Macy’s has pledged $2 for each letter to Santa collected (up to an extra $1 million above the existing $1 million campaign goal) to help children fighting critical illnesses’ life-changing wishes come true. (Photo: Business Wire)