Market Newsdesk

ST. GEORGE, Utah, Nov. 17, 2020 (GLOBE NEWSWIRE) — MedLite ID is very pleased to announce healthcare sales veteran, Bruce Thompson, joins the firm as Vice President of Sales. Bruce’s responsibilities will encompass sales team leadership, accelerating MedLite ID’s revenue through expanding their presence in new geographies, management of distribution partnerships, and contributing to the company’s marketing and business strategies.

Bruce brings over 30 years of sales and leadership experience to MedLite ID, with 15 of those years focusing on the healthcare industry.  Prior to joining MedLite ID, Bruce gained expertise growing and leading high-performance sales teams in North American and globally for companies such as Unitron Hearing and Pella Windows. Bruce’s strong experience working with direct and distribution sales as well as healthcare group purchasing organizations will be a huge benefit for MedLite ID.

“Bruce is an outstanding addition to our MedLite ID team, as he brings a deep blend of dynamics channel experience and knowledge of what it takes to deliver client success,” said Rodney Schutt, CEO of MedLite ID. “As MedLite ID continues its rapid growth and focuses across the United States and globally, Bruce’s sales leadership and his strong background in building top performing sales partnerships will accelerate MedLite ID’s growth. We are thrilled to have him onboard!” stated Schutt.

“I am honored to join the MedLite ID team and help to build on the solid foundation Rodney and team have developed.  MedLite ID is perfectly positioned to help its clients protect both patients and clinicians from harm and save healthcare facilities time and money,” stated Bruce Thompson, Vice President of Sales, MedLite ID. He continued, “As an organ transplant recipient, I understand the uniqueness and the benefits of the product first-hand.”

About MedLite ID
MedLite ID is a medical device manufacturer partnered with University of Notre Dame and Dixie State University to develop a unique solution designed to light the primary medication infusion line (sometimes referred to as the safe push line) in a visually distinct and easily identifiable way to help prevent “infusion confusion”, reduce the risk of medical errors, improve patient safety and dramatically enhance clinician productivity. For more information on MedLite ID, please visit www.medliteid.com

Media Contact:

Terri Greulich
Director of Marketing
[email protected]
833.288.5489

 

BOSTON and LONDON, Nov. 17, 2020 (GLOBE NEWSWIRE) — Pioneer Consulting, the full-service submarine fiber optic telecommunications consulting and project management company, announces successful completion of owner’s representation on the CrossChannel Fibre project marine route survey on behalf of project developer Crosslake Fibre. The survey, conducted by EGS, is a major construction milestone for the first fiber optic submarine cable to be built across the English Channel in nearly 20 years.

Pioneer Consulting is providing system integration services for the disaggregated CrossChannel Fibre project, supporting the on-time overall delivery of the subsea portion of the project. This work follows Pioneer’s authorship of the Request for Proposals (RFP) and oversight of the bidding process. Pioneer Consulting used its deep technical and commercial experience to develop a detailed technical specification of all aspects of the survey, then assessed a multitude of qualified respondents before choosing EGS as the preferred supplier.

The marine route survey included geotechnical, geophysical, and unexploded ordnance surveys that sought a route optimized for cable protection, avoidance of obstructions, and in respect of the needs of the national and local governments of both the United Kingdom and France. Designed to optimize the route for resilience, the system will provide users with enhanced bandwidth capacity at lower operating costs.

The survey required more than a dozen pieces of specialized equipment to accurately portray the ocean floor. Terabytes of data are now being reviewed to inform the final route for cable installation.

“This is a pivotal moment for such a groundbreaking project,” said Iain Ritson, Pioneer Consulting’s Director of Client Solutions and Project Director for CrossChannel. “These unique times have made it clearer than ever how essential it is to have fast, secure, reliable telecommunications bandwidth for our society to thrive and stay connected. We are honored to be working again with Crosslake Fibre to forge a new path across the English Channel that will provide significantly enhanced capacity during this critical time.”

“There is a tremendous need across the globe for new, creative solutions to telecommunications challenges. The CrossChannel Fibre project will provide critical infrastructure relied upon by millions of people and businesses at a time when it is most needed. Our size and experience allow us to utilize industry-leading suppliers at every level of the project. Our contractors often operate as an extension of our own team, and Pioneer Consulting’s project management services have been instrumental as we execute this mission-critical project,” stated Mike Cunningham, CEO of Crosslake Fibre.

The submarine fiber optic cable will connect the London suburb of Slough, UK and Paris, France. It is designed to support the increase in bandwidth requirements from telecommunications and other enterprises, content providers, financial, gaming, and media companies that require high-capacity, low-latency connectivity. The high-fiber-count, non-repeatered system will contain 96 fiber pairs, each providing over 20 terabits per second of throughput capacity.

About Pioneer Consulting


Pioneer Consulting
offers a comprehensive set of services for the submarine fiber optic telecommunications system industry. The company provides clients with valuable technical and commercial insight into the challenging issues facing this unique industry. Recognizing the diverse nature of the submarine telecommunications marketplace, Pioneer Consulting has built a team of industry-leading experts who are able to work across traditional boundaries and provide businesses with the strategic intelligence and operational skills needed to make long-term business decisions and deliver results.

About Crosslake Fibre


Crosslake Fibre
was established to develop, own, and operate fiber-optic projects throughout North America and Western Europe. Using new methods of construction to develop next-generation networks, Crosslake Fibre has built new Internet infrastructure that provides material advantages to customers.

Media Contact

Eugene Hunt
Trevi Communications for Pioneer Consulting
[email protected] 
+1-978-750-0333

—
Partnership delivers solutions and services
to drive
successful
digital transformation
–
–

MINNEAPOLIS, Nov. 17, 2020 (GLOBE NEWSWIRE) — KeyedIn today announced a partnership with Changefirst, a leading Change Management provider, to support the successful delivery of business and digital transformation initiatives. As a leader in Agile Portfolio Management, KeyedIn provides the management tools and processes to support those initiatives, while Changefirst offers technology and a proven, research-based approach to ensure an organization’s people adopt and embrace the change inherent in any major transformation effort.

KeyedIn’s partnership enables it to offer Roadmap Pro, Changefirst’s SaaS based platform for planning, delivering and tracking the people aspects of change. The combined KeyedIn/Changefirst solution supports business transformation by both identifying and resourcing the company’s most strategic projects, and then following established best practices to help employees and other stakeholders embrace and implement the resulting organizational changes.

“In most organizations, the desire for change – such as embracing new technologies or new market opportunities – exceeds people’s capacity to deliver it, and there is a gap between the objectives of a companywide initiative and the actual adoption,” said Shawn Dickerson, CMO for KeyedIn. “Working with Changefirst gives us a best-of-breed solution that addresses all three of the crucial elements for lasting digital transformation — people, processes and tools.”

Once an organization identifies and resources the most valuable projects – such as a new software tool, a compliance initiative, a process change or a large-scale digital transformation – the Changefirst Roadmap Pro software leverages the company’s People-Centered Implementation (PCI®) methodology, along with a wealth of proven digital tools, templates, automated surveys, and pre-populated actions, to ensure successful Change Management around those organizational priorities.

“The strategic partnership with KeyedIn brings together the functional and cultural elements of change in a truly unique way that no other solution on the market addresses,” said Audra Proctor, CEO of Changefirst. “The focus and importance of change has never been more imperative to business leaders and we are excited for the opportunity this new solution offers.”

To learn more about how KeyedIn and Changefirst are working together to provide a solution to organizational change, join the upcoming webcast on December 3^rd at 11 a.m. CT: https://hubs.ly/H0zQDH70.

About KeyedIn

KeyedIn helps organizations simplify business processes, improve performance and drive results through its innovative SaaS-based business solutions. The company’s flagship product, KeyedIn Projects, is a cloud-based project and portfolio management (PPM) solution that enables project management offices (PMOs) and professional services teams to increase productivity, cut reporting costs and save operating expenses. Headquartered in Minneapolis, KeyedIn has hundreds of customers worldwide, including Walgreens Boots Alliance, Universal Electronics and OfficeDepot. For more information, visit www.keyedin.com, or contact 866-662-6820.

About Changefirst

Changefirst help organizations build their internal capability to deliver faster, sustainable transformation results. The company’s researched-based methodology – PCI®, and revolutionary, ‘out-the-box’ digital change management platform – Roadmap Pro® helps organizations; grow robust internal change skills and processes cost effectively, succeed at critical change projects and deliver agile Change Management to match their transformation agenda. Headquartered in the UK, Changefirst supports organizations worldwide, such as Syngenta, NATS, AGL, Quest Diagnostics, Embraco and The Linde Group. For more information and contact form, visit www.changefirst.com , or call +44 (0)1444 450 777.

For more media information, contact:
Lisa Hendrickson/LCH Communications for KeyedIn
516-767-8390
[email protected]

CHICAGO, Nov. 17, 2020 (GLOBE NEWSWIRE) — Aisle Rocket, a growth-driven marketing agency that unifies creative services, data, and technology to drive results, announced today the launch of its latest white paper, A Summer Like No Other: Tracking the Disruption of 2020 Through Facebook Advertising Metrics Tracking the Social Media.

A Summer Like No Other examines Facebook ad metrics from the start of the pandemic through 2020’s summer of protests and uncertainty. It shows that Facebook’s ad operations took a significant hit at the beginning of the pandemic before eventually leveling out. The report’s findings include:

• March – May: During the initial lockdown, Facebook saw commercial activity ceased altogether and pricing metrics fell along with the stock market.
• June – July: Global brands shifted their creative to voice solidarity with the Black Lives Matter (BLM) protests and with the Black community. Historical modeling lost some of its usefulness because consumer behavior had diverged so dramatically.
• July – August: During the Facebook boycott, ad metrics didn’t see the same impact as it did during the pandemic and BLM protests.

“Social media advertising has seen so much fluctuation during the pandemic, but we’ve learned that Facebook advertising remains resilient in the face of economic disruption and social unrest,” said Noah Freeman, Aisle Rocket’s Head of Product. “Many people rely on social media to be close in a socially distant world and advertisers will continue to get in front of audiences through Facebook.”

Overall, the whitepaper shows that Facebook has remained resilient throughout the changes in consumer behavior during the pandemic. In reality, the Facebook ad marketplace mirrored the stock market during the summer of 2020, suffering a massive initial shock amidst deep uncertainty that gave way to a strong recovery.

“Facebook continues to provide strong returns on marketing dollars, despite the pandemic,” said Ross Shelleman, CEO of Aisle Rocket. “While a diversified media mix is always important, our particular expertise in Facebook advertising has delivered real value for our clients throughout the disruption of 2020.”

To view Aisle Rocket’s A Summer Like No Other: Tracking the Disruption of 2020 Through Facebook Advertising Metrics Tracking the Social Media whitepaper, click here. For more information, please visit Aisle Rocket’s website.

About Aisle Rocket

Aisle Rocket is a new kind of agency, focused entirely on delivering results. By unifying marketing and creative services backed by data and technology, Aisle Rocket drives revenue through best-in-class creative, e-commerce and media execution. Aisle Rocket’s managed Customer Data Platform (CDP) harnesses a brand’s 1st-party data to inform omnichannel online and offline media campaigns, supported by world-class creative, content, and UX.

Media Contact


[email protected]

Washington, D.C., Nov. 17, 2020 (GLOBE NEWSWIRE) — Prison Fellowship,® the nation’s largest Christian nonprofit serving prisoners, former prisoners, and their families, issued the following statement after former Vice President Joe Biden and Senator Kamala Harris were declared the winners of the 2020 Presidential election.

On Tuesday, November 3, 2020, former Vice President and Senator Joe Biden Jr. was elected President of the United States. President-elect Biden’s criminal justice proposals include several Prison Fellowship priorities, such as Pell Grant restoration for incarcerated students, addressing the penalty disparity for crack and powder cocaine, and further investments in effective correctional and reentry programming.

“We look forward to working with the new Biden administration and Congress to advance policies that honor the God-given dignity of every man and woman impacted by crime and incarceration,” said James Ackerman, President and CEO for Prison Fellowship. “In 2018, President Trump signed into law the First Step Act, featuring federal drug sentencing reforms and expanded in-prison programming. The historic reform would not have been possible without bipartisan sponsors and support, including Senator Kamala Harris’ vote. In this season of intense polarization, we can think of no better time to take up the next steps to advance criminal justice as a place of common ground and shared purpose.”  

“Not only is criminal justice a bipartisan issue, it is a priority for the faith community,” said Heather Rice-Minus, Senior Vice President of Advocacy and Church Mobilization for Prison Fellowship. “We urge the new administration and Congress to pass policies that reflect a restorative approach to justice, including helping currently and formerly incarcerated Americans impacted by COVID, expanding higher education behind bars, strengthening oversight of the federal prison system, and building trust between law enforcement and the communities they serve.”

Background:

• During his time on the United States Senate Judiciary Committee, Mr. Biden played a significant role in shaping federal justice policy through the 1986 Anti-Drug Abuse Act, Violent Crime Control and Law Enforcement Act of 1994, and the Second Chance Act of 2007. The Obama-Biden administration justice reform agenda included the Smart on Crime Initiative, Federal Interagency Taskforce Reentry Council, and Taskforce on 21^st Century Policing.
• The Biden campaign has highlighted multiplepriorities in justice policy for their administration. In addition to those highlighted above, these include a reinvigoration of community policing, removal of collateral consequences for housing and safety net programs for individuals with a criminal record, and new federal funding to promote state and local reforms.
• Working with law enforcement, civil rights, faith-based, and conservative partners, Prison Fellowship advanced progress on justice reform in the 116th Congress. The organization contributed to deepening bipartisan support for Pell Grant restoration for incarcerated students. In December 2019, Congress passed the Fair Chance Act, which allowed individuals with a criminal record to better access employment opportunities with the federal government and federal primary contractors. During the COVID-19 pandemic, Prison Fellowship’s advocacy helped ensure expanded use of home confinement for federal prisoners under the CARES Act as well as the limiting of Paycheck Protection Program restrictions on entrepreneurs with a criminal record.
• In 2017, building off the Obama administration’s “National Reentry Week” in April, Prison Fellowship founded the movement to celebrate April as Second Chance Month. The Biden administration will have the opportunity to continue the tradition of issuing an annual White House proclamation recognizing April as Second Chance Month, helping expand awareness and opportunities for people with a criminal record seeking a fresh start.

Prison Fellowship


Prison Fellowship is the nation’s largest outreach to prisoners, former prisoners, and their families, and a leading voice for criminal justice reform. With more than 40 years of experience helping restore men and women behind bars, Prison Fellowship advocates for federal and state criminal justice reforms that transform those responsible for crime, validate victims, and encourage communities to play a role in creating a safe, redemptive, and just society.

Jim Forbes
Prison Fellowship
703-554-8540
[email protected]

BURLINGAME, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) — Farmstead, the first online grocer to offer fresh, high-quality groceries, delivered for free, at better prices than local supermarkets, announced today its third city: Raleigh-Durham, NC. Farmstead will bring its online grocery service to the area in early 2021. The waitlist for service opens today, and is limited to the first 1,000 people – customers can sign up here.

Farmstead got its start in the hyper-competitive San Francisco Bay Area. It stood out from other offerings by leveraging proprietary AI technology and a dark store model – delivery-centric warehouses that serve a 50-mile radius – to maximize efficiency and reduce costs. As a result, Farmstead offers prices comparable to or lower than most supermarkets, but with free delivery to doorstep. The company is growing quickly, with plans to expand nationwide to a primarily mid-market audience.

In the Raleigh-Durham area – Farmstead’s second expansion market, following the announcement of Charlotte in Oct 2020 – the company will open multiple dark stores, which greatly ease entry into new geographies, reduce food waste by 3-4x and help eliminate food deserts by making fast, inexpensive delivery available to a wider area. Most of all, they meet customers’ desire for perfect orders with no stockouts, delivered free, with no markups. With Farmstead, customers can get all of their groceries – high-quality local brands such as Cheerwine and Sundrop, national brands such as Kraft, Nabisco and fresh meats, dairy and produce – from one place.

“We are excited to expand Farmstead’s presence on the East Coast,” said Pradeep Elankumaran, co-founder and CEO of Farmstead. “Grocery delivery demand has exploded, and Farmstead has made delivery cheaper than going to the store yourself. We can’t wait to bring our service to Raleigh-Durham.”

Farmstead’s customer base has grown by double-digits, month over month, throughout 2020.

To sign up for Farmstead’s Raleigh-Durham waitlist, visit farmsteadapp.com/raleigh-durham.

About Farms
tead

Farmstead is the first online grocer to offer fresh, high-quality groceries, delivered for free, at better prices than local supermarkets. Using AI technology, Farmstead has reinvented the grocery buying experience and rewired how food moves across the country, to significantly reduce food waste and fulfill its mission of making high quality, locally sourced food accessible to everyone. Visit https://www.farmsteadapp.com or follow @farmsteadapp.

Media Contact:

Michelle Faulkner
+1 617-510-6998
[email protected]

BANGALORE, India., Nov. 17, 2020 (GLOBE NEWSWIRE) — Borqs India, a subsidiary of Borqs Technologies, Inc. (Nasdaq: BRQS), (the “Company”, or “Borqs”) has successfully demonstrated a NextGen TV Android smart phone (branded Mark One) based on ATSC 3.0 to One Media 3.0, a wholly-owned subsidiary of Sinclair Broadcast Group, a part of the station group’s strategy to ensure that NextGen TV one day is an integral part of mobile phones and other terminal devices. ATSC 3.0, a new broadcast signaling standard branded as “NextGen TV”, is starting to break away from TV screen and gain its first foothold on the smartphone.

The Mark One Android phone is developed by Borqs and Saankhya Labs. It is powered by Saankhya Labs SL4000 ATSC 3.0 receiver chip providing NextGen TV reception, tuning and demodulation. The Mark One phone relies on an embedded antenna – not a pull-out or hang-on antenna — and is an unlocked AT&T and T-Mobile-compatible device. The phone enables advancements such as 4K and High Dynamic Range (HDR) video, live TV and video-on-demand, new forms of OTT-delivered streaming services from broadcasters, targeted and interactive advertising and new emergency alerting capabilities.

According to the news^{(1) and (2)}, One Media is working with two large U.S. MVNOs (Mobile Virtual Network Operators) that ride on AT&T and T-Mobile wireless networks about the distribution of ATSC 3.0-capable “broadcast feature phones”. It is expected that millions of MVNO subscribers would want to have a smart phone with Next Gen TV functionality. One Media is in the process of getting legislation into multiple states, specifically state house and senate legislation in New York at the moment, for a mandate to include ATSC 3.0 receivers in smartphones because of the public safety and public service side of the standard.

One Media and US broadcasters are also working on ways to alter the topology of the broadcast network to ensure uniformity in coverage that big towers might not provide in all instances and in all venues. One Media believes that there could be opportunities for small ATSC 3.0-based transmitters to be deployed alongside 5G network buildouts and help to flesh out the reach of a new IP-based distribution network.

“We’re thrilled to work with Saankhya Labs to develop the Mark One phone. We have overcome many technical challenges especially related to antenna RF performance. We believe that there is a huge market opportunity for ATSC 3.0 enabled mobile devices,” said Hareesh Ramanna, General Manager of the Connected Business Unit of Borqs.

(1) ONE Media’s ATSC 3.0 Smartphone Becomes a Reality
https://www.tvtechnology.com/news/one-medias-atsc-30-smartphone-becomes-a-reality

(2) ATSC 3.0 reaches the smartphone
https://www.lightreading.com/cablevideo/atsc-30-reaches-smartphone/d/d-id/765098

About Borqs Technologies, Inc.

Borqs Technologies is a global leader in software and products for the IoT, providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. Borqs has achieved leadership and customer recognition as an innovative end-to-end IoT solutions provider leveraging its strategic chipset partner relationships as well as its broad software and IP portfolio.

Borqs’ unique strengths include its Android and Android Wear Licenses which enabled the Company to develop a software IP library covering chipset software, Android enhancements, domain specific usage and system performance optimization, suitable for large and low volume customized products.   The Company is also currently in development of 5G products for phones and hotspots.

Forward-Looking Statements and Additional Information

This press release includes “forward-looking statements” that involve risks and uncertainties that could cause actual results to differ materially from what is expected. Words such as “expects”, “believes”, “anticipates”, “intends”, “estimates”, “predicts”, “seeks”, “may”, “might”, “plan”, “possible”, “should” and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements relate to future events or future results, based on currently available information and reflect our management’s current beliefs. Many factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements, including the possibility that the Company will not sell Mark One to One Media 3.0 in significant quantities or at all, the Company will not consummate its previously announced line of credit transaction on terms favorable to the Company or at all, the possibility that the Company may not receive actual orders in the amounts forecasted previously, the possibility that the Company may not be able to deliver the contracted devices to satisfy the demand forecasted, and the negative impact of the coronavirus on the Company’s supply chain, revenues and overall results of operations, so the reader is advised to refer to the Risk Factors sections of the Company’s filings with the Securities and Exchange Commission for additional information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements. Except as expressly required by applicable securities law, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contact:

Sandra Dou
Director of Finance
Borqs Technologies, Inc.
[email protected]   
www.borqs.com

Gause, Texas, Nov. 17, 2020 (GLOBE NEWSWIRE) — (via Blockchain Wire) – The ARRA Summit (www.arra.global), a global innovations conference and networking event, has announced its in-person conference taking place at the Moon Ridge Ranch in Central Texas on November 20-23, 2020. The ARRA Summit will feature four days of conference content including keynote addresses by the world’s leading professionals in Blockchain, Space, AI and VR. Attendees will also experience mission oriented meetings, artist performances, a costume dance party, a burn ceremony, a harvest dinner, and other recreational events.

Innovators and trailblazers in Space Tech, Blockchain, AI, FinTech and Wellness Tech will convene in Central Texas for 4 days, on a mission to forge connections, meet global challenges, and pitch new technology for the future. The growing list of speakers includes SpaceFund’s Rick Tumlinson, Crypto visionary Jeremy Gardner, Capital Markets Veteran John Pigot, Andromeda’s Robin Arnott, BitAngels Texas city leaders Irina Litchfield and Matt McKibbin, and more. 

The ARRA Summit will be held outdoors at a 110-acre ranch, with limited tickets due to the COVID-19 pandemic. To secure a ticket, attendees must be invited or apply to join. Many conferences have taken place virtually since the start of the pandemic and the decision to have the summit take place outdoors stems from the idea that virtual conference technology has yet to be able to deliver an experience that allows for a communal sense of bonding between attendees and participants.

Visit ARRA.global to secure your admission to the ARRA Summit.

About ARRA

ARRA’s mission is to create an environment that enhances the work-life balance by boasting restorative play as an integral part of the attendee workflow. ARRA has partnered with local Austin technologists, artists, and performers to create a synergistic weekend experience.

Angel Robinson
[email protected] 

Erika Zapanta
[email protected]

LAS VEGAS, Nov. 17, 2020 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming, announced today its financial results for the fiscal quarter and nine months ended June 30, 2020.

Financial Highlights

Q3
20
20
vs.
Q3
201
9

• Revenue decreased 67% to $1,798K
• Adjusted EBITDA decreased 98% to $36K¹
• Net loss of $(1,297)K vs. net income of $580K

9 Months
20
20
vs.
9 Months
201
9

• Revenue decreased 57% to $6,956K
• Adjusted EBITDA decreased 98% to $116K²
• Net loss of $(3,387)K vs. net income of $2,096K

Balance Sheet Changes (vs. December 31, 201
9
)

Cash decreased 72% to $2,669K
Total long-term liabilities (gross) increased $571K to $48,590K
Stockholders’ deficit decreased to $(26,487)K

Executive Comments

“The highlight of Q3 was the acquisition of Progressive Games Partners LLC, strengthening our position in the rapidly emerging online segment,” said Todd Cravens, Galaxy’s President and CEO. “In the physical casino segment, we saw a significant improvement over Q2, but it’s clear that the industry is not out of the woods yet. We will continue to support our clients as they adjust to the continuing changes brought on by the pandemic.”

“We used a significant amount of cash in the PGP acquisition but, with the recent completion of the Main Street financing, our liquidity remains adequate,” stated Harry Hagerty, Galaxy’s CFO. “We remain grateful to our bank lenders for their help in securing this new financing and for their patience as we work through the financial consequences of the pandemic. We recently completed Amendment #7 to our Credit Agreement, which applies the $2.4 million Minimum EBITDA covenant to include Q3 2020 and all future periods.”

Forward-Looking Statements

Certain statements in this release may constitute forward-looking statements, which involve a number of risks and uncertainties. Galaxy cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information due to a number of factors, including those listed from time to time in reports that Galaxy files with the Securities and Exchange Commission.

About Galaxy Gaming

Headquartered in Las Vegas, Nevada, Galaxy Gaming (galaxygaming.com) develops and distributes innovative proprietary table games, state-of-the-art electronic wagering platforms and enhanced bonusing systems to land-based, riverboat, cruise ships and online casinos worldwide. Through its iGaming partner Games Marketing Ltd., Galaxy Gaming licenses its proprietary table games to the online gaming industry. Galaxy’s games can be played online at FeelTheRush.com. Connect with Galaxy on Facebook, YouTube and Twitter.

Contact:

Media:	Phylicia Middleton (702) 936-5216
Investors:	Harry Hagerty (702) 938-1753

¹ Adjusted EBITDA in Q3 2020 excludes approximately $183K of legal and other expenses related to our litigation with Triangulum Partners LLC.
² Adjusted EBITDA in 9 months 2020 excludes approximately $836K of legal and other expenses related to our litigation with Triangulum Partners LLC.

STMicroelectronics Simplifies Creation of Alexa Built-In Smart Home Devices with Amazon-Qualified Reference Design

• Reference design eases development of simple and cost-effective natural-language understanding and voice-based user interaction for smart-home devices and smart appliances
• Qualified by Amazon to use Alexa Voice Service Integration for AWS IoT Core for MCU devices
• All-in one design kit with far-field audio detection, local Amazon “Alexa” Wake Word, and connectivity to AVS Integration for AWS IoT Core

Geneva, November 17, 2020 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has released an Amazon-qualified reference design package for smart connected devices leveraging Alexa Voice Service (AVS) Integration for AWS IoT Core, which can be used to create Alexa Built-in products using simple microcontrollers (MCUs).

AVS Integration for AWS IoT Core has the ability to transform the way users interact with smart “things,” bringing cloud-based Alexa experiences to items such as toasters, cookers, thermostats, blinds, hairdryers, and many others with no need for significant investment in electronic hardware. This could hasten the end for traditional buttons and dials, leading to new generations of products that offer easy and natural user interactions, adaptable smart features, and access to cloud services such as cooking advice or reordering of consumables.

ST’s Amazon-qualified solution jump-starts the design of Alexa-enabled appliance controllers, with Alexa voice-user-interface software already integrated on high-performing MCUs of the STM32* family. The energy-efficient STM32, being the world’s most successful 32-bit Arm^® Cortex^®-M MCU family, is ideal for low-cost, small, and simple connected devices that require state-of-the-art features such as far-field audio capture and natural-language understanding.

“We believe the AVS Integration for AWS IoT Core can revolutionize users’ expectations of smart devices by enabling easier access to their powerful features and delivering more rewarding experiences,” said Daniel Colonna, Marketing Director, Microcontroller Division, STMicroelectronics. “Our reference design leverages the inherent strengths of STM32 microcontrollers and the supporting solution to enable cost-efficient products with unbeatable functionality, small size, and fast time to market.”

Further Technical Information

ST’s AVS Integration for AWS IoT Core reference design contains a compact 36mm x 65mm main board that combines a high-performance STM32H743 MCU and Wi-Fi module.

Unlike other devices commonly used for Alexa products, such as digital signal processors (DSPs) and flashless processors, STM32 MCUs integrate all necessary system features including powerful audio front-end processing, local wake-word detection, communication interfaces, and memory, including RAM and Flash, in a single chip. This integration enables the board to have small dimensions and a simple layout for cost-effective deployment in customers’ end products.

The audio front end delivers outstanding far-field voice detection, even in noisy environments and with closely spaced microphones. Created by ST Authorized Partner DSP Concepts, distributed by ST as part of the STM32 MCU and supported by ST channels, the front end comes with a free Audio Weaver tool license to help users easily fine-tune their designs.

“The STM32H7’s combination of large internal RAM and Flash, peripheral integration, and high-speed processor enables TalkTo, our high-performance audio front-end, to drive significantly better performance in real-time,” said Paul Beckmann, DSP Concepts Founder and CTO. “TalkTo is delivered through Audio Weaver, so product makers can quickly design, develop and deploy a wide range of voice-enabled products.”

Leveraging the features of the high-performance STM32 microcontrollers, users can customize and scale their designs by adding enhancements such as a second wake word, extra local commands, and a graphical display to combine with the voice-command capability for an even more compelling user experience.

Further simplifying prototyping and development, the reference design hardware includes an audio daughter board as a separate module. This contains an ST FDA903D audio codec, user LEDs and buttons, and two MP23DB01HP MEMS microphones spaced at 36mm for size-constrained products such as power switched plugs. The hardware’s modularity lets users implement a custom daughter board if application-specific mic spacing, acoustics, and user-interface definitions are needed.

The reference design includes fully developed software that provides the features needed to support Alexa products, including:

• Audio-capture software
• Advanced Audio Front End (AFE) with noise reduction, echo cancellation and advanced beam-forming signal processing for far-field audio detection
• Amazon “Alexa” Wake Word
• Connectivity to AWS IoT
• Audio output software

Working with this reference design enables product designers to certify new end products with AVS faster and more easily than bringing up the entire system independently. Both the hardware and software content can be easily adapted to support individual customers’ new-product concepts.

The bill of materials (BOM) for the reference design is engineered to be less than $10 when purchasing the components in high volumes. Please contact your ST sales office for pricing options and sample requests.

You can also read a blogpost at https://blog.st.com/alexa-voice-service/

* STM32 is a registered and/or unregistered trademark of STMicroelectronics International NV or its affiliates in the EU and/or elsewhere. In particular, STM32 is registered in the US Patent and Trademark Office.

About STMicroelectronics

At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with our 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further information can be found at www.st.com.

For Press Information Contact:

Michael Markowitz
Director Technical Media Relations
STMicroelectronics
Tel: +1 781 591 0354
Email: [email protected]

Attachments

• T4201S — Nov 17 2020 — STM32 Alexa IoT ref design_FINAL FOR PUBLICATION_AMENDED
• T4201S — Nov 17 2020 — STM32 Alexa IoT ref design_IMAGE