Data I/O to Participate in Upcoming Investor Events

Data I/O to Participate in Upcoming Investor Events

REDMOND, Wash.–(BUSINESS WIRE)–
Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced that its management is scheduled to participate in upcoming virtual investor conferences.

Imperial Capital 17th Annual (1st Virtual) Security Investor Conference (“SIC”) on December 2-3, 2020. The conference is being held over two days with a virtual presentation and virtual 1:1 meetings from 1:00 p.m. – 4:00 p.m. EST on the first day and/or 9:30 a.m. – 12:30 p.m. on the second day. For additional information, please visit http://imperialcapital-sic.com/.

Needham 23rd Annual Virtual Growth Conference on January 11, 2021. Data I/O will be presenting and conducting 1:1 meetings on a virtual basis.

Investors interested in meeting with management should contact the respective investment bank/brokerage firm representative or Jordan Darrow of Darrow Associates, IR for Data I/O, at [email protected].

Presentation materials will be made available on the morning of the conferences on the Investor Relations section of the Company’s website.

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 electronic 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.

Learn more at dataio.com

Forward Looking Statement

Statements in this news release concerning economic outlook, expected revenue, expected margins, expected savings, expected results, orders, deliveries, backlog and financial positions, as well as any other statement that may be construed as a prediction of future performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statement disclaimers also apply to the global COVID-19 pandemic, including the expected effects on the Company’s business from COVID-19, the duration and scope, impact on the demand for the Company’s products, and the pace of recovery for the COVID-19 pandemic to subside. These factors include uncertainties as to the ability to record revenues based upon the timing of product deliveries, installations and acceptance, accrual of expenses, coronavirus related business interruptions, changes in economic conditions and other risks including those described in the Company’s filings on Forms 10K and 10Q with the Securities and Exchange Commission (SEC), press releases and other communications.

Joel Hatlen

Chief Operating and Financial Officer

Data I/O Corporation

6645 185th Ave. NE, Suite 100

Redmond, WA 98052

(425) 881-6444

Darrow Associates, Inc.

Jordan Darrow

(512) 551-9296

[email protected]

KEYWORDS: Washington United States North America

INDUSTRY KEYWORDS: Security Hardware Data Management Technology Software

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Pampers Bright Beginnings Brings the Joy of Reading to NICUs Through a New Program with March of Dimes

Pampers Bright Beginnings Brings the Joy of Reading to NICUs Through a New Program with March of Dimes

A fresh chapter in Pampers’ legacy of caring for premature infants, more than 40,000 books will be provided to March of Dimes NICU Family Support programs across the U.S.

CINCINNATI–(BUSINESS WIRE)–
More than 380,000 babies—1 in 10—are born preterm in the U.S.i and many of these littlest fighters require extra help from the start. In honor of World Prematurity Day, Pampers is partnering with March of Dimes to bring 40,000 books and educational resources to NICUs across the country, as part of its ongoing commitment to care for the happy, healthy development of every baby.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201117005389/en/

(Photo: Business Wire)

(Photo: Business Wire)

As a continuation of the Pampers Bright Beginnings Reading initiative announced last month, Pampers will provide more than 65 March of Dimes NICU Family Support® programs with books and helpful reading tips to bring awareness of the developmental benefits of reading to babies from the very beginning. Through their longstanding partnership, Pampers and March of Dimes will work together to reach more than 35,000 families annually.

“March of Dimes NICU Family Support® is thrilled to be partnering with Pampers Bright Beginnings to bring the joy of reading into NICUs across the nation,” said Heather Reimer, Senior Director, NICU Initiatives, March of Dimes. “We know how vital early reading is for our littlest fighters, so being able to provide NICU babies and their families with a way to help create moment of bonding and development is such a privilege. We look forward to continuing our longstanding partnership with Pampers and making a difference in the lives of thousands of families together.”

Studies show that infants admitted to the NICU are at an increased risk for neurodevelopmental deficits due to prematurity or illness, poor language exposure as well as impaired parent-infant bonding. Reading aloud to babies, beginning from birth, can mitigate this issue. Dr. Viral G Jain, MD, FAAP, a physician-scientist, neonatologist and Assistant Professor in Pediatrics at the University of Alabama at Birmingham, and a member of Pampers’ Bright Beginnings Advisory Council, recently conducted a large-scale studyii to support this notion. He found that when parents were shown by a healthcare professional how to read with their baby, it doubled the number of parents reading to their babies while in the NICU. Benefits were especially strong among parents who did not themselves enjoy reading aloud, who are at high risk for lower reading frequency and quality, and in turn lower language exposure. These parents were five times more likely to read in the NICU and three times more likely to continue reading aloud at home. These improvements in reading behaviors were likely mediated by reduced parental stress, enhanced bonding between parent and baby and positive parent-infant interactions.

“Reading to baby for even fifteen minutes a day can make a lasting impact on their brain development, especially during the first few months of life when babies are developing key areas of the brain,” said Sarah Pasquinucci, Senior Communications Director, P&G North America Baby Care and mother of two. “Reading to a baby from birth is not only vital to their development, but it’s also a meaningful activity that promotes quality time and bonding between baby and parent. That’s why we’re honored to be partnering with March of Dimes to bring books and educational resources directly to NICU families, so they can experience the joys of reading with baby from the very beginning.”

Pampers and March of Dimes continue to evolve their partnership to find new ways to support the healthy, happy development of babies. Earlier this year, March of Dimes assisted Pampers during the review process after Pampers announced it would be donating $400,000 in NICU Connectivity Grants to select hospitals throughout North America to help keep families connected when it matters most.

Due to the COVID-19 pandemic, many hospitals were forced to restructure their family presence protocols, resulting in a reduction of in-person time for many families and their loved ones in the NICU. With the help of Pampers’ donation, select eligible hospitals across North America have been able to acquire the resources and capabilities they need to keep families and babies connected when it matters most. The addition of these resources, including technology like cameras and tablets, has allowed parents to talk, read, sing and stay connected to their baby every day, even when they cannot be physically together.

“The use of this technology has made a world of difference for our families who have had to be separated during this COVID pandemic,” said Kristin Chipoco, Nurse Manager at White Plains Hospital, a selected grant recipient. “During the height of the pandemic one of our babies was separated from both of their parents due to the parents testing positive for COVID. Over the course of the next two weeks these parents were able to see and interact with their babies using Facetime.  In addition, the parents were able to virtually see and meet the nurses who were caring for their baby each and every day. This technology allowed a bond to grow and foster between both these parents and their babies and the nursing staff involved, even though the parents were never allowed to set foot in the NICU. This technology helped ease some of the fear and anxiety of these brand new parents who had a baby admitted to NICU during such an already stressful period.”

Pampers believes a baby’s earliest days are essential towards shaping a bright beginning and is committed to supporting their happy, healthy development from the start. Through the Bright Beginnings initiative, Pampers is proud to continue to serve babies and their families by removing barriers that hinder early success and development and enhancing access to tools and resources to ensure the success of generations to come.

To learn more about Pampers Bright Beginnings and its upcoming initiatives or how you can get involved, please download the Pampers App or visit Pampers.com.

About Bright Beginnings

At Pampers, caring for babies is more than just our purpose, it’s in our DNA. We believe a baby’s earliest days are essential toward shaping a bright beginning, and are committed to supporting their happy, healthy development right from the start. Through the Pampers Bright Beginnings program, we serve babies and their families by removing barriers that hinder early success and development, and enhancing access to resources, tools and support. For more information on the Pampers Bright Beginnings program, visit Pampers.com

About Pampers®

For more than 50 years, parents have trusted Pampers to care for their babies. Pampers is a part of The Procter & Gamble Company (NYSE:PG) and is the #1-selling diaper worldwide. Every day, more than 25 million babies in 100 countries around the world wear Pampers. Pampers offers a complete range of diapers, wipes and training pants designed to provide protection and comfort for every stage of baby’s development. Visit www.pampers.com to learn more about Pampers products, join the Pampers Club program, and find ideas and information to help you and your baby ‘love the change’ together.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.

iMarch of Dimes Report Card marchofdimes.org/reportcard

ii Jain et al. A city-wide structured book sharing program enhances reading behavior in high-risk NICU infants. EPAS2020. 2245.1

P&G Baby Care Communications

Laura Dressman, 513-482-0619

[email protected]

or

MSLGROUP (for Pampers)

Samantha Perez, 818.606.0129

KEYWORDS: Ohio United States North America

INDUSTRY KEYWORDS: Retail Primary/Secondary Education Preschool General Health Philanthropy Hospitals Parenting Other Retail Children Baby/Maternity Family Other Philanthropy Nursing Consumer Health

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(Photo: Business Wire)

Wolters Kluwer’s Suzanne Konstance Recognized With Women in Business 2020 Stevie Award

Wolters Kluwer’s Suzanne Konstance Recognized With Women in Business 2020 Stevie Award

Product innovation, industry expertise recognized in Gold-level award honor

HOUSTON–(BUSINESS WIRE)–Suzanne Konstance, vice president of product management and marketing for Wolters Kluwer’s Lien Solutions business, has been selected a winner of the 2020 Stevie Awards for Women in Business. She earned a Gold medal in the category “Female Executive of the Year, Business Products.”

Award judges evaluated Konstance’s achievements launching new products unique to the market that help financial institutions mitigate their risks when making loans. Konstance manages a product management and marketing team focused on understanding and solving market problems to provide lending customers with effective, innovative solutions in Uniform Commercial Code (UCC) lien management, real property liens, and vehicle lien and titling.

“Suzanne has helped our business foster a laser-like focus on being an expert solutions provider. That work involves helping financial services professionals manage complex risks and ever-changing requirements in their lien management efforts, while enhancing their operational workflows,” said Raja Sengupta, Executive Vice President and General Manager of Wolters Kluwer Lien Solutions. “Her leadership has strengthened our ability to deliver solutions that help our customers effectively mitigate lending risks and navigate challenges facing them in today’s market. We are very proud of Suzanne’s many achievements and contributions in helping our customers succeed.”

Konstance and team have introduced several major product innovations that were developed via deep customer collaboration and input. Notably, she and her team helped develop and launch Portfolio Sync, which combines customers’ existing filings with public records data into one view. The solution provides greater visibility into the entire lending portfolio—and identifies associated gaps that may require risk mitigation or other actions to maintain a lender’s secured interests. Portfolio Sync is one solution in a set of UCC “Manage” solutions that help lenders manage their UCC liens over the course of their loan’s lifecycle.

Konstance led Lien Solutions’ efforts to create new motor vehicle titling products, including the award-winning iLien Motor Vehicle offering, to revolutionize how lenders protect their interests in vehicle lending. In 2020, her leadership was critical in the development of two offerings that tap CARES Act stimulus funding in response to COVID-19 economic disruptions: the Business Entity Search for CARES Act solution and iLien for Main Street technology.

Konstance has published major thought pieces in industry publications and participated in numerous industry presentations to share her commercial lending insights, essential in helping lenders deal with complex, evolving economic challenges further exacerbated by the pandemic.

The Stevie Awards for Women in Business are open to all organizations worldwide and recognize the achievements of women executives, entrepreneurs, and the organizations they run. Program judges include respected executives, entrepreneurs, innovators, and business educators.

Prior to joining Wolters Kluwer in 2015, Konstance held senior-level positions for companies such as Pitney Bowes, Citibank and MetLife. She earned a bachelor’s degree from Cornell University and an MBA from Northwestern University’s Kellogg School of Management.

Lien Solutions, which is part of Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, provides award-winning solutions for lenders. Its flagship iLien offering gives lenders the ability to conduct public record searches, retrieve and view UCC and corporate records, create filings, and manage their entire lending portfolio. Its iLien Manageis a suite of award-winning, web-based solutions that enable lenders to manage and address risks in their entire UCC lien portfolio with analytics, visibility and automation.

Wolters Kluwer’s GRC division provides an array of expert solutions to help U.S. financial institutions manage regulatory and risk obligations, including customized offerings to address COVID-19 challenges. Lien Solutions’ iLien for Main Street helps lenders optimize their due diligence and lien management efforts when securing loans for small and medium-sized businesses under the Main Street Lending Program. In addition, Compliance Solutions’ Paycheck Protection Program Supported by TSoftPlus™ helps lenders’ customers access critical stimulus funding.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.

Media Contacts

Paul Lyon

Director of Global Corporate Communications, Banking & Regulatory Compliance

Governance, Risk & Compliance

Wolters Kluwer

Office +44 20 3197 6586

[email protected]

David Feider

Corporate Communications Manager, Banking & Regulatory Compliance

Governance, Risk & Compliance Division

Wolters Kluwer

Tel: +1 612-852-7966

[email protected]

On Twitter: @davidafeider

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Professional Services Consumer Technology Women Software Consulting Banking

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Roku Announces Limited Edition $17 Roku SE Streaming Player

Roku Announces Limited Edition $17 Roku SE Streaming Player

Black Friday Pricing at Major Retailers also Includes a $99.99 Roku Streambar, $69.99 Roku Ultra, $29.99 Roku Streaming Stick Plus and $24.99 Roku Premiere

SAN JOSE, Calif.–(BUSINESS WIRE)–Roku, Inc.(NASDAQ: ROKU) today announced the limited-edition Roku SE streaming player ($17 MSRP) will be available exclusively at Walmart for Black Friday while supplies last. Additionally, Roku® is offering extensive discounts on its player lineup with $20 off the Roku Streaming Stick+ ($49.99 MSRP), $30 off the Roku Streambar($129.99 MSRP) and Roku Ultra ($99.99 MSRP), plus $15 off the Roku Premiere ($39.99 MSRP) at major retailers where Roku devices are sold nationally from Nov. 20 through Nov. 30.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201117005405/en/

Roku SE 2020 (Photo: Business Wire)

Roku SE 2020 (Photo: Business Wire)

Roku SE

The limited-edition Roku SE streaming player offers an incredible value, makes streaming simple and will be offered at Walmart exclusively for $17 MSRP. Ideal for new users, secondary TVs and easy gifting, the Roku SE is compact and comes in a crisp white finish. To enjoy live TV, news, sports, hit movies, popular shows, music and more, consumers simply plug the device into their TV using the included High-Speed HDMI® Cable and power cable and connect to the internet. Plus, with access to hundreds of free channels, including The Roku Channel, users can enjoy more free content without spending more.

Roku Premiere

The Roku Premiere is great for first time streamers with HD, 4K or HDR TVs, or those who are looking to futureproof their streaming experience. It will be sold for $24.99, $15 off the $39.99 MSRP from Nov. 20 – Nov. 30. The Roku Premiere features a Premium High Speed HDMI Cable that connects the device to the TV and with quick set up and an easy on-screen experience users can stream the most talked-about TV across free and paid channels quickly. It also features a simple remote featuring channel shortcut buttons to popular streaming channels and the free Roku mobile app which offers a variety of features including a remote, on screen keyboard, private listening via headphones and more. Automatic software updates deliver new features and functionality over time.

Roku® Streaming Stick®+

The Roku Streaming Stick+, known for its high-performance portability, will be sold for $29.99, $20 off the $49.99 MSRP from Nov. 20 – Nov. 30. Ideal for hiding behind the TV, Roku Streaming Stick+ is portable allowing viewers to watch their favorite shows and movies anywhere, anytime during the holiday season and into the new year. Designed to not only be portable, the Roku Streaming Stick+ is great for mounted TVs. The device also offers smooth HD, 4K and HDR streaming and includes a long-range wireless receiver for extended range and a stronger signal plus a voice remote with TV power and volume buttons.

Roku Ultra

The new Roku Ultra, our fastest and most powerful player ever, will be sold for $69.99, $30 off the $99.99 MSRP from Nov. 20 – Nov. 30. Loaded with a new and improved quad-core processor, consumers will enjoy channels that launch in a snap and a responsive interface. Enjoy Roku’s smoothest streaming experience, even in rooms further from a router, now with up to 50% more range. Users also have the choice to wire up over Ethernet if they want. The centerpiece of any home theater, experience spectacular color, contrast, and brightness with Dolby Vision® on compatible TVs. Plus, hear three-dimensional audio that soars above and around with a Dolby Atmos® compatible sound system.

Roku Streambar

The all-new Roku Streambar™ upgrades any TV with powerful streaming and cinematic sound with Dolby Audio and will be $30 off the MSRP of $129.99 and available for just $99.99 from Nov. 20 – Nov. 30. The Roku Streambar offers crisp, clear dialogue and quiets loud commercials, while also offering an expandable system for heart-pounding bass and surround sound via the Roku Wireless Speakers and Roku Wireless Subwoofer. Enjoy simple setup, including everything needed to get started in the box including a Premium High Speed HDMI Cable and a voice remote with TV controls.

Premium Subscription Offers on The Roku Channel from $0.99

For a limited time, Roku customers can explore promotional offers from more than 30 premium subscription partners on The Roku Channel, including SHOWTIME®, STARZ and more. New subscribers can enjoy select premium subscriptions for $0.99 for the first two months. $0.99 offers are redeemable through The Roku Channel from November 26 until November 30, 2020. Remaining Black Friday offers will be available to new subscribers for up to 55% off the first three months and redeemable on The Roku Channel from November 26 until December 4, 2020.

For more information, visit Roku.com.

About Roku, Inc.

Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku streaming players and TV-related audio devices are available in the U.S. and in select countries through direct retail sales and licensing arrangements with service operators. Roku TV™ models are available in the U.S. and in select countries through licensing arrangements with TV brands. Roku is headquartered in San Jose, Calif. U.S.A.

This press release contains “forward-looking” statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include but are not limited to benefits, impact, features, pricing and availability of the new Roku streaming lineup, including the new Roku SE, the Roku Premier, the Roku Streaming Stick, the Roku Streambar and the Roku Ultra, and the features, benefits and reach of the Roku Channel, the Roku OS and the Roku platform. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports Roku, Inc. files with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. Copies of reports filed with the SEC are posted on Roku’s website and are available from Roku without charge.

Roku, the Roku logo, Streambar and Streaming Stick are trademarks of Roku, Inc. in the U.S. and in other countries. Trade names, trademarks and service marks of other companies appearing in this press release are the property of their respective holders.

Roku, Inc.

Seana Sullivan

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Entertainment Consumer Electronics Technology TV and Radio Audio/Video Hardware

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Roku SE 2020 (Photo: Business Wire)

Geoverse Appoints Bob Gault as Chief Commercial Officer to Lead Sales and Marketing Initiatives

Geoverse Appoints Bob Gault as Chief Commercial Officer to Lead Sales and Marketing Initiatives

Industry Veteran Comes with Proven Track Record After Successful Tenures at Extreme Networks and Cisco

BELLEVUE, Wash.–(BUSINESS WIRE)–
Helping businesses and communities drive economic growth through connectivity, Geoverse welcomes Bob Gault as its new chief commercial officer. Gault will be responsible for the sales and marketing activities across Geoverse.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201117005421/en/

Bob Gault, Chief Commercial Officer - Geoverse (Photo: Business Wire)

Bob Gault, Chief Commercial Officer – Geoverse (Photo: Business Wire)

Reporting to Geoverse CEO Rod Nelson, he will build up the sales team and the company’s growing stable of partners to identify new opportunities and grow the pipeline. Geoverse is growing, and Gault arrives at a critical time.

“Geoverse is uniquely positioned at the forefront of a dynamic market opportunity, and Bob will define our go-to-market strategy and lead its execution,” Nelson said. “With Bob’s experience and extensive contacts we will capitalize on our technology and operations leadership to rapidly grow in the private cellular network segment and across our entire business.”

Prior to his arrival, Gault was chief revenue officer for Extreme Networks, a billion-dollar worldwide networking company serving the enterprise, where he directed sales and service organizations across international markets and worked directly with enterprise customers and global channel partners. Gault also worked at Cisco for 17 years and was responsible for worldwide go-to-market plans for service providers, system integrators, and managed services partners.

“I joined Geoverse because it’s truly a unique opportunity,” Gault said. “We are in the early innings of a major market shift and I felt the company was on the inside track to take advantage. Plus, for me, it blends the best of both worlds, an entrepreneurial environment backed by the deep resources and experience of an established global technology company. This will enable us to do a lot for our customers and if we execute properly, will allow us to emerge as a clear leader.”

For more information about Geoverse, visit our website, or register for our webinar on the fundamentals of funding, building, and operating your own private cellular network.

About Geoverse

Geoverse is a mobile operator that provides comprehensive in-building cellular solutions to enable users and devices to roam across public carrier networks seamlessly and securely. The company’s private 5G/LTE wireless network offering—using innovations like citizens broadband radio service (CBRS)—interconnects with major mobile operators, delivering a secure, robust, and flexible network for private applications and high-performance coverage for tenants and visitors. Geoverse, the largest Neutral Host operator across the US, is a subsidiary of ATN International (NASDAQ: ATNI), a company with more than 30 years of experience building and operating connectivity solutions for enterprise verticals, carriers, and consumers. www.geoverse.io

Calysto for Geoverse

Justine Schneider

404-266-2060 x507

[email protected]

KEYWORDS: Washington United States North America

INDUSTRY KEYWORDS: Technology Mobile/Wireless Networks Telecommunications

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Bob Gault, Chief Commercial Officer – Geoverse (Photo: Business Wire)

Burton Snowboards Chooses Smartsheet to Drive Efficiency and Visibility Across Marketing Initiatives

Burton Snowboards Chooses Smartsheet to Drive Efficiency and Visibility Across Marketing Initiatives

BELLEVUE, Wash.–(BUSINESS WIRE)–Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced that Burton Snowboards (Burton) has chosen Smartsheet’s platform to drive efficiency and gain better visibility into resourcing across its marketing department.

Burton needed to implement a more efficient solution to route incoming marketing requests and resource them accordingly to replace a disjointed mix of platforms and applications. After evaluating several platforms, Burton turned to Smartsheet to streamline processes and empower all teams across marketing with the speed, efficiency, and visibility to create dynamic work.

“Due to the volume of marketing requests, our team needed a better way to streamline and visualize the current and future workload across our department,” said Jason LaShelle, Creative Studio Manager at Burton. “With Smartsheet, we have transformed the way we execute on work. Our team has been able to continue to execute campaigns that support our organization while beginning working on larger scale, cross-departmental initiatives.”

With Smartsheet, Burton can make smarter decisions about how the team receives, tracks and distributes work increasing visibility into the current and upcoming project pipeline. This streamlined process has standardized how every marketer executes on work ensuring the team is unified and working from a single source of truth. Smartsheet’s platform also allows teams outside of marketing to visualize which initiatives have several assets across various departments to drive alignment and eliminate duplicate requests.

“Burton has long been at the heart and art of cutting-edge marketing,” said Anna Griffin, Chief Marketing Officer at Smartsheet. “Embracing this new and agile way of working across their marketing organization, Smartsheet will allow them to go further — faster — as they continue to drive innovation.”

About Smartsheet

Smartsheet (NYSE: SMAR) is the enterprise platform for dynamic work. By aligning people and technology so organizations can move faster and drive innovation, Smartsheet enables its millions of users to achieve more. Visit www.smartsheet.com to learn more.

About Burton Snowboards

In 1977, Jake Burton Carpenter founded Burton Snowboards out of his Vermont barn and dedicated the rest of his life to snowboarding. Since its founding, Burton has played a pivotal role in growing snowboarding from a backyard hobby to a world-class sport by creating groundbreaking products, supporting a team of top snowboarders and pushing resorts to allow snowboarding. Today, Burton designs and manufactures industry-leading products for snowboarding and the outdoors. As a sustainability leader within the outdoor and winter sports industries, Burton is the world’s first snowboard company to become a certified B Corporation®. Privately held and owned by Donna Carpenter, Burton’s headquarters are in Burlington, Vermont with offices in Austria, Japan, Australia, Canada and China. For more information on Burton, head to www.burton.com and follow our line at facebook.com/burtonsnowboards, twitter.com/burtonsnowboard and @burtonsnowboards on Instagram.

Forward-Looking Statements

This press release contains “forward-looking” statements that are based on our management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include, but are not limited to, statements about Smartsheet’s expectations regarding possible or assumed business strategies, channel and partner strategies, potential growth and innovation opportunities, new products, and potential market opportunities.

Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “believe,” “continue,” “could,” “potential,” “remain,” “will,” “would” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, risks and uncertainties related to: our ability to achieve future growth and sustain our growth rate, our ability to attract and retain talent, our ability to attract and retain customers (including government customers) and increase sales to our customers, our ability to develop and release new products and services and to scale our platform, our ability to increase adoption of our platform through our self-service model, our ability to maintain and grow our relationships with channel and strategic partners, the highly competitive and rapidly evolving market in which we participate, our ability to identify targets for, execute on, or realize the benefits of, potential acquisitions, and our international expansion strategies. Further information on risks that could cause actual results to differ materially from forecasted results is included in our filings with the US Securities and Exchange Commission (SEC), including our Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2020 filed with the SEC on September 4, 2020. Any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

Lindsay Bleier

[email protected]

KEYWORDS: Washington Vermont United States North America

INDUSTRY KEYWORDS: Marketing Data Management Skiing/Snowboarding Communications Sports Technology Software

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Avnet Declares Regular Quarterly Dividend

Avnet Declares Regular Quarterly Dividend

PHOENIX–(BUSINESS WIRE)–
Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, today announced that on November 16, 2020, its Board of Directors approved a regular quarterly cash dividend of $.21 per share. The dividend will be paid on December 16, 2020 to shareholders of record as of the close of business on December 2, 2020.

About Avnet

Avnet is a global technology solutions provider with an extensive ecosystem delivering design, product, marketing and supply chain expertise for customers at every stage of the product lifecycle. We transform ideas into intelligent solutions, reducing the time, cost and complexities of bringing products to market. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com. (AVT_IR)

Visit the Avnet Investor Relations website at ir.avnet.com or contact us at [email protected].

Investor Relations Contact

Joe Burke, 480-643-7431

[email protected]

Media Relations Contact

Jeanne Forbis, 480-643-7499

[email protected]

KEYWORDS: Arizona United States North America

INDUSTRY KEYWORDS: Other Transport Technology Transport Other Technology Software Hardware Data Management Logistics/Supply Chain Management Supply Chain Management Retail

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Model N’s Fall 2020 Release for Life Sciences: New Features Streamline Pricing, Operations, Compliance and Cloud Deployment

Model N’s Fall 2020 Release for Life Sciences: New Features Streamline Pricing, Operations, Compliance and Cloud Deployment

New Features Deliver Extended Pricing Analysis and New Testing, Automation and Reporting Capabilities

SAN MATEO, Calif.–(BUSINESS WIRE)–Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced its Life Sciences Fall 2020 release, incorporating several major product updates that will allow Model N’s customers to drive topline growth, reduce revenue leakage, improve operational efficiency, and help ensure regulatory compliance. Key among Model N’s updates for Fall 2020 include the introduction of “what-if analysis” capabilities in its Government Pricing product for Discount Reallocation. This allows users to analyze how calculation methodology changes impact government prices and the financial impact of government price changes and commercial strategy. ​

The Global Pricing Management module has been updated to advance its forecasting capabilities. The release will allow users to take forecasting to a new level with the Volume Forecasts Management Module. This module includes:

  • New Competitive Data Module will provide the capability to manage competitor products and prices in an efficient way
  • Price Certificates functionality extended with an Approval Workflow Module that provides options to submit, approve or reject generated Price Certificates
  • Re-designed product page improves the user experience and offers new customization capabilities

The Model N Life Sciences Fall 2020 release provides critical capabilities to customers seeking to leverage the latest technology to support their digital transformation. Model N’s latest release is particularly timely, given that life sciences companies are among the firms most impacted by the coronavirus pandemic and related supply chain issues, and are looking for solutions that will improve their business processes. As a leader of contracting and pricing solutions, Model N helps support life sciences companies’ ongoing efforts to develop, manufacture and bring to market supplies, diagnostics, therapies, and potential vaccines that are integral to the global fight against COVID-19.

“Model N’s Fall 2020 release introduces new analytics capabilities that help our customers reduce revenue leakage and increase their top and bottom line,” commented Model N’s Chief Product Officer, Suresh Kannan. “Release after release, our innovations help our customers accelerate SaaS transitions. Each release offers improved handling of emerging business challenges and the ability to stay compliant globally.”

Specific Improvements

Specific improvements in the Fall 2020 release include Government Pricing “what-if” scenarios. This new capability, incorporating Discount Reallocation Management analysis bundles, helps customers determine how calculation methodology changes impact government pricing.

Also featured in the Life Sciences Fall 2020 release is improved topline revenue growth and reduced revenue leakage:

  • Formulary and Price Protection Enhancements
  • Enhanced Claims Scrubbing
  • Improved Access to Insights
  • Enhanced Global Pricing and Tender Management
  • Global Tender Management Intelligence

The Global Tender Management module has been integrated with Model N’s Intelligence module so that users can see pricing, discounting and competitor analysis as part of the pricing decision making process. In addition, new related lists and ease-of-work features support group and membership accounts to capture data properly.

The Fall 2020 release will also incorporate new features for driving operational efficiency, includingUI- and role-based automation testing. Designed to help ease the transition of Model N environments to the cloud, this capability significantly reduces transition cost and enables customers to leverage new SaaS functionality.

Other enhancements to empower greater operational efficiency include:

  • Chargeback Processing
  • Reduction of Customs
  • Improved Medicaid Processing
  • Government Pricing Price Type Report

Key new features for driving compliance include Medicaid advancements, incorporating functionality for Prior Quarter Adjustment Statement reporting and the CA Supplemental Program.

Model N Life Sciences Revenue Cloud is the only end-to-end solution for life sciences revenue management, and these new features are proof of Model N’s strategy of continual modernization and future-proofing of its cloud platform. Model N empowers its customers to fully optimize business operations and maximize revenue, even in an environment made notably more uncertain and unpredictable due to the COVID-19 pandemic.

An Analyst Perspective

According to Mike Townsend, Research Director, Life Sciences Commercial Strategies at IDC, companies in the life sciences sector face a simultaneous triple threat – which includes the urgent need to address topline revenue issues, the desire to achieve digital transformation goals, and the need to achieve regulatory compliance. “This year presents companies with a unique and unprecedented series of challenges,” he observed. “Pressure brought about by the pandemic and the need to succeed at their core business mean that life sciences companies must excel on the operational side while still driving innovation. For these reasons, solutions like Model N Revenue Cloud are a valid option for firms that are fighting a multi-front battle to succeed.”

About Model N

Model N enables life sciences and high tech companies to drive growth and market share, minimizing revenue leakage throughout the revenue lifecycle. With deep industry expertise and solutionspurpose-built for these industries, Model N delivers comprehensive visibility, insight and control over the complexities of commercial operations and compliance. Our integrated cloud solution is proven to automate pricing, incentive and contract decisions to scale business profitably and grow revenue. Model N is trusted across more than 120 countries by the world’s leading pharmaceutical, medical technology, semiconductor, and high tech companies, including Johnson & Johnson, AstraZeneca, Stryker, Seagate Technology, Broadcom and Microchip Technology. For more information, visit www.modeln.com.

Public Relations Contact:

Rebecca Shpektor

Bospar Public Relations

[email protected]

Investor Relations Contact:

Gwyn Lauber

Model N, Inc.

[email protected]

650-610-4998

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: General Health Health Data Management Technology Software

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LAD Acquires $210 million in Luxury Revenue in the Strategically Important Washington DC Area

LAD Acquires $210 million in Luxury Revenue in the Strategically Important Washington DC Area

MEDFORD, Ore.–(BUSINESS WIRE)–
Lithia & Driveway (NYSE: LAD), today announced it has acquired Sterling Luxury Group (Sterling Motorcars) in Loudoun County Virginia, one of the most affluent counties in the United States. The transaction includes BMW and Mini of Sterling, as well as Rolls-Royce Motor Cars, Lamborghini and McLaren brands, adding three new premium luxury brands to its portfolio. These additions further increase our brand selection and broadest national network in the industry, now reaching over 95% of the United States.

The Sterling acquisition marks their entry into the strategically important Mid-Atlantic portion of the country, LAD’s first location in Virginia and another top 10 metropolitan market. “Entering our seventh top 10 market in the country further enables LAD to conveniently and affordably serve our customers throughout their complete ownership lifecycle,” said Bryan DeBoer, Lithia & Driveway’s President and CEO. “This acquisition accelerates our unique omni-channel strategy and takes us one large step closer to achieving the year one network growth aspiration of our five-year 50/50 plan.”

The transaction is expected to add $225 million in annualized revenue, bringing LAD’s total network expansion to over $3.4 billion in revenue to-date in 2020. Lithia & Driveway financed this transaction using capital recently raised in concurrent equity and debt offerings that closed in early October.

“Sterling Motorcars is a high-performing fixture in the Washington D.C./Beltway corridor and is well-respected for the exceptional customer service and attention to detail they provide their clientele,” said LAD’s President and CEO Bryan DeBoer. “This is a very important milestone for Lithia and expands our national footprint in the mid-Atlantic. We are excited to welcome their team to the Lithia Motors family.”

About Lithia & Driveway:

LAD is a growth company powered by people and innovation with a 5-year plan to profitably consolidate the largest retail sector in the country. They are a leading provider of personal transportation solutions in the United States and are among the fastest-growing companies in the Fortune 500 (#6 on 10-Year EPS Growth, #4 10-Year TSR in 2020). By providing a wide array of products throughout the entire lifecycle of the consumer’s vehicle ownership experience, they build magnetic brand loyalty. Operational excellence is achieved by focusing the business on convenient and transparent consumer experiences supported by proprietary data science to increase market share, consumer loyalty and team performance. LAD’s omni-channel strategy will continue to pragmatically disrupt the industry by leveraging experienced teams, vast owned inventories, technology, and physical network. By purchasing strong businesses, they further strengthen this network, leveraging their national digital home channel Driveway and building upon their massive regenerating capital engine. Together, these endeavors create a unique and compelling high-growth strategy that provides transportation solutions wherever, whenever, and however consumers desire.

Sites:

www.lithiamotors.com

www.lithiainvestorrelations.com

www.lithiacareers.com

www.driveway.com

Lithia Motors on Facebook

http://www.facebook.com/LithiaMotors

Lithia Motors on Twitter

http://twitter.com/lithiamotors

Eric Pitt

VP, Investor Relations and Treasurer

[email protected]

(541) 864-1748

Susan Donahue

Skyya PR

[email protected]

(646) 454-9378

KEYWORDS: Virginia Oregon District of Columbia United States North America

INDUSTRY KEYWORDS: Automotive Specialty Other Automotive General Automotive Luxury Performance & Special Interest Off-Road Trucks & SUVs Retail

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Upwork Welcomes New Chief Product & Experience Officer, Sam Bright

Upwork Welcomes New Chief Product & Experience Officer, Sam Bright

Visionary product leader joins world’s largest work marketplace

SANTA CLARA, Calif.–(BUSINESS WIRE)–Upwork (UPWK), the world’s largest work marketplace, today announced Sam Bright has joined the company as its new Chief Product & Experience Officer.

Bright is a senior operating executive with over 16 years of extensive experience scaling technology teams, businesses, and customer experiences. His career reflects a demonstrated track record of growing multi-billion dollar P&Ls, executing complex domestic and global transactions, and leading large teams through inflection points. Prior to joining Upwork, Bright was the Vice President and General Manager of Verticals at eBay and had P&L responsibility for the company’s North American vertical business units.

During prior roles at eBay, Bright executed 70+ partnerships in two years across B2C, C2C, product, marketing, verticals, and shipping domains, and spent time on the M&A strategy team, where he championed four transactions focused on machine translation, shipping, and cross-border trade. Before joining eBay, Bright advised on over $10 billion of tech mergers and acquisition deal processes at Bank of America Merrill Lynch, and served as an industry analyst at Forrester Research advising Chief Information Officers through tech research and consulting. He began his career leading market research for entrepreneurs at a business incubator.

“At Upwork, we’re committed to propelling the world of work forward and providing both clients and talent with more control and freedom over their businesses and careers,” said Hayden Brown, President and CEO of Upwork. “Sam is an innovative, bold, and visionary leader who will make a major impact on how we help our customers unlock their potential and discover the truly transformational new way of working that is only available through the Upwork marketplace.”

“I’m excited by the opportunity to lead product, design, and customer experience for the company at the forefront of helping businesses, from small to large, discover a powerful new way of working,” said Bright. “Upwork’s work marketplace is transforming the way people work by giving them access to a dynamic virtual talent bench that helps them unlock new possibilities for their company. I am also inspired by Upwork’s mission of creating economic opportunities so people have better lives, and look forward to building upon the end-to-end experience that brings this mission to life in bold new ways.”

Bright holds an M.B.A. from Harvard University and a B.A. in Management from Taylor University. He is credentialed as an NACD Governance Fellow, and serves on the Board of Directors at Benetech as well as on the Smithsonian’s National Postal Museum Advisory Council. Bright has been named to Black Enterprise’s 2018 List of the Most Influential Blacks in Technology, The Network Journal’s 2018 40 Under Forty class, and Savoy Magazine’s 2020 Most Influential Black Executives in Corporate America.

About Upwork

Upwork is the world’s largest work marketplace, connecting millions of businesses with independent talent around the globe. We serve everyone from one-person startups to 30% of the Fortune 100 with a powerful, trust-driven platform that enables companies and freelancers to work together in new ways that unlock their potential. Our talent community earned over $2 billion on Upwork in 2019 across more than 8,000 skills, including website & app development, creative & design, customer support, finance & accounting, consulting, and operations. Learn more at www.upwork.com and join us on LinkedIn, Twitter, and Facebook.

Amanda Diamondstein

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Professional Services Marketing Communications Technology Human Resources Internet

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