Market Newsdesk

Veteran Energy and Utilities Executiv


e


to Leverage


His


30-Years of Industry Experience to Expand Company Footprint in Clean and Traditional Energy

FAIRFIELD, N.J., Dec. 01, 2020 (GLOBE NEWSWIRE) — Transparent Energy, the national leader in online energy procurement, today introduced energy-industry veteran David Braun as its new Vice President of Partnerships & Renewables. In this role, David will leverage his 30+ years of experience and relationships across the energy, utilities, and renewables fields to grow Transparent Energy’s industry and vertical market channel partnerships, while also driving the company’s capabilities and opportunities in the rapidly growing clean energy space.

Prior to joining Transparent Energy, David was President at renewable generator and energy-storage developer GlidePath Power Solutions, where he led operations, maintenance, and asset management of the firm’s 400 MW portfolio of wind, solar and energy-storage projects. Since the early 2000s, David has held executive leadership roles in sales, marketing, risk management and operations at a who’s who of national energy companies, including Engie Resources, Direct Energy, Exelon Energy, ComEd, and Hospital Energy.

“David’s extensive energy experience, knowledge, and relationships are going to be a major asset for Transparent Energy as we continue our meteoric growth,” said Dustin Scarpa, Managing Partner and Co-Founder of Transparent Energy. “With his broad and deep skill set, David would have brought immediate value to any company he wished to join; that he chose to bring his talents to Transparent Energy says a lot about what we have accomplished as a company and, just as importantly, where we are going. We are delighted to welcome David to our team.”

David Braun’s hiring comes on the heels of Transparent Energy’s historic procurement of over 1 billion kWh of green energy for Westchester Power, a program of Sustainable Westchester. With a growing number of large commercial, industrial, and institutional organizations looking for ways to cost-effectively green their portfolios, Transparent Energy, the national leader in auction-based energy procurement, is ideally positioned to fulfill this need.

“I’m excited to be joining Transparent Energy at a time when my experience and extensive network of relationships across the energy industry can be so useful,” said David Braun, Vice President, Partnerships & Renewables, at Transparent Energy. “I truly believe, along with Dustin and team, that Transparent Energy has a unique opportunity to grow its business and advance its reputation as the industry’s best choice for commercial, industrial, and institutional energy buyers.”

About
Transparent Energy

Transparent Energy is the go-to resource for C&I companies and institutions for energy procurement and energy advisory services. The company’s clients include large automotive, education, financial services, government, healthcare, manufacturing, real estate (REITS and property management), retail, and technology firms. With a proven process delivered by retail energy’s most experienced professionals and state-of-the-art online auction technology, Transparent has driven millions of dollars in operational savings for clients across North America. For more information, see www.transparentedge.com.

Contacts:

Business inquiries:
Jamil Ahmed
[email protected]
(862) 210-8770

Media inquiries:
Dan Mees
Mees Communications LLC
[email protected]

BOISE, Idaho, Dec. 01, 2020 (GLOBE NEWSWIRE) — Healthwise, a leader in evidence-based health education, technology, and services, announced today that it won six Digital Health Awards for its digital patient education assets in the Health Information Resource Center (HIRC) Fall 2020 competition. Twice a year, the HIRC honors the best in digital health resources for consumers and health care professionals.

Healthwise won awards in three different categories.

Digital Health Media / Publications: Blog Post

• SILVER Award: Thinking Small: 5 Things I’ve Learned About Writing Health Content for Kids

Web-Based Digital Health: Infographic

• MERIT Award: COVID-19: Weighing Activity Risks

Digital Health Media / Publications: Video

Healthwise submitted four videos to the competition this round. Each video won an award in the Video category.

• BRONZE Award: Heart Valve Repair or Replacement: Before Your Surgery
• BRONZE Award: COVID-19: Should I Get the Virus
• MERIT Award: Diabetes: Counting Carbohydrates
• MERIT Award: COVID-19: How to Wear a Cloth Face Cover or a Mask

“We are thrilled to receive these awards for our digital health education resources,” said Christy Calhoun, Chief Content Officer at Healthwise. “Our mission and purpose are at the heart of all we do, every day. We want to help people make better health decisions and live healthier lives. To do that, we write, design, and develop experiences that motivate people to be informed and engaged partners in health care.”

Healthwise health education features articles, interactive tools, decision aids, videos, and more, with structured content capabilities. Additionally, the Healthwise website hosts various blogs, eBooks, and infographics for healthcare professionals.

The winning videos and infographic are just five of the thousands of Healthwise^® patient education assets. The videos and other resources help people manage their health, better understand surgeries and procedures, and make healthy lifestyle changes through relatable content written in plain language. Health education digital tools help engage patients in their care and help clinicians bridge cultural and health literacy gaps.

The Digital Health Awards competition is held twice a year in the spring and fall. HIRC is a national clearinghouse for professionals who work in consumer health fields. It aims to recognize digital health resources and entries that are web-based, mobile, wearable devices, media publications, or social media.

About Healthwise

Healthwise, a leader in evidence-based health education, is a nonprofit organization that empowers people to live their healthiest lives. More than 2 billion times, people have turned to Healthwise information to help navigate their unique health journeys with confidence. Leading hospitals, EMR providers, health plans, care management companies, health websites, and technology innovators partner with Healthwise to provide the world’s best health information—and achieve better outcomes for patients and businesses. Learn more at healthwise.org or call 1.800.706.9646.

Media Contact
s
:

Healthwise

Sonja Deines
[email protected] | 208-489-8481   

TORONTO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) announced the promotion of Rebecca (Becky) Finley to the newly created role of Chief Brand and People Officer, effective immediately. Finley will focus on strengthening Colliers’ brand and people services worldwide, building on the company’s reputation as a leader in the commercial real estate and investment management industries.

Since joining Colliers as Senior Vice President, Global Brand and People nearly three years ago, Finley has been an enterprising and collaborative member of the global executive team, providing leadership and oversight of Colliers’ marketing, brand, communication, and people strategies. Under her guidance, Colliers has implemented innovative brand, digital and media strategies, bolstered our performance management and recruitment efforts, and made strides in becoming a more diverse and inclusive workplace to better serve clients. Finley also played a key role in Colliers’ COVID-19 response and recovery.

“As we continue to grow, Becky will be instrumental in differentiating Colliers and ensuring that we are effectively communicating with clients and professionals at the highest levels, globally,” said Jay Hennick, Global Chairman and Chief Executive Officer at Colliers International. “Becky’s promotion is a testament to her accomplishments during her tenure with Colliers, her bias for action, as well as the respect she has earned for her inspired leadership. I am confident that she will take our well-recognized global brand from strength to strength.”

Finley brings proven leadership experience in branding, culture and business operations from previous roles at Facebook & Instagram Canada where she served as Business Lead and Head of Technology, Telecommunications & Media. She holds an MBA from the Rotman School of Management in Toronto, as well as Bachelor of Education and Bachelor of Science in Mathematics degrees from Queens University.

“The past three years have been a fantastic journey with an incredible organization and operating platform around the world,” said Becky Finley. “I am excited to continue working with the talented teams at Colliers at such an important time in our business to ensure our brand and people initiatives resonate with our professionals and clients alike.”

About Colliers International

Colliers International (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.

GLOBAL
CONTACT:

Jay S. Hennick

Global
Chairman &

Chief Executive Officer

(416) 960-9500

MEDIA
CONTACT:

Andrea Cheung

Global Manager, Communications


[email protected]


416-324-6402

VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that its wholly-owned subsidiary Sarcon Development (Pvt) Ltd.’s K1 and M1 sites in Sri Lanka have returned to full operations following easing of local COVID-19 related restrictions. The Company’s primary near term objective is to accelerate the commercial production volumes at its K1 site which first began production this year. Graphite mined from the Company’s K1 site is known to be some of the highest grade in the world and has been confirmed to be suitable to be easily upgraded for a range of applications including the high-growth electric vehicle and battery storage markets. The Company is also advancing towards development completion at its M1 site and is in the process of attaining mining licensing approval for production at this site. Additional near-term priorities include advancing development of additional sites and initiating geological work at other prospective areas of its land bank.

Additionally, the company continues to engage in active negotiations with graphite processors and end-users around the globe with the objective of working towards sales agreements since announcing its first two commercial sales earlier in 2020.

“The capital from our recent successful financing has allowed us to aggressively target increased production,” said Bharat Parashar, Chairman and Chief Executive Officer. “We are in active discussions with international vendors for equipment that will enhance our capabilities underground and are close to restarting drilling at our third site known as H1. Our geological team has started geophysical work to follow up on high-grade rich graphite intercepts in the Sabargamuwa area which had historic mining. Our previous work had outlined this and other areas for follow up across our extensive land package.”

About Ceylon Graphite Corp.

Ceylon Graphite is a public company listed on the TSX Venture Exchange, that is in the business of mining for graphite, plus the exploration for and development of graphite mines in Sri Lanka. Graphite mined in Sri Lanka is known to be some of the purest in the world and has been confirmed to be suitable to be easily upgradable for a range of applications including the high-growth electric vehicle and battery storage markets. The Government of Sri Lanka has granted the Company’s wholly own subsidiary Sarcon Development (Pvt) Ltd. an IML Category A license for its K1 site and exploration rights in a land package of over 120km². These exploration grids (each one square kilometer in area) cover areas of historic graphite production from the early twentieth century and represent a majority of the known graphite occurrences in Sri Lanka.

Further information regarding the Company is available at www.ceylongraphite.com

Bharat Parashar, Chairman and & Chief Executive Officer
[email protected]
Corporate Communications
+1(202)352-6022

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

FORWARD LOOKING STATEMENTS:

This news release contains forward-looking information as such term is defined in applicable securities laws, which relate to future events or future performance and reflect management’s current expectations and assumptions. The forward-looking information includes statements about Ceylon Graphite’s grids, Ceylon Graphite’s plans to undertake additional drilling and to develop a mine plan, and to commence establishing mining operations. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to Ceylon Graphite, including the assumption that, there will be no material adverse change in metal prices, all necessary consents, licenses, permits and approvals will be obtained, including various Local Government Licenses and the market. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. Risk factors that could cause actual results to differ materially from the results expressed or implied by the forward-looking information include, among other things, an inability to reach a final acquisition agreement, inaccurate results from the drilling exercises, a failure to obtain or delays in obtaining the required regulatory licenses, permits, approvals and consents, an inability to access financing as needed, a general economic downturn, a volatile stock price, labour strikes, political unrest, changes in the mining regulatory regime governing Ceylon Graphite, a failure to comply with environmental regulations and a weakening of market and industry reliance on high quality graphite. Ceylon Graphite cautions the reader that the above list of risk factors is not exhaustive.

These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, Ceylon Graphite does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com)

 

SAN JOSE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that it will host a product briefing for investors during Zenith Live 2020. During the session, Jay Chaudhry, chief executive officer, Amit Sinha, president and chief technology officer, and Patrick Foxhoven, chief information officer and head of emerging technologies, will discuss new innovations at Zscaler.

	Event:	Zscaler Investor Product Briefing
	Location:	Virtual
	Date:	Wednesday, December 9, 2020
	Time:	12:00 p.m. PDT

A live webcast and replay of the briefing will be accessible from the investor relations section of Zscaler’s website ir.zscaler.com.

About Zscaler

Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.

Zscaler™ and the other trademarks listed at

https://www.zscaler.com/legal/trademarks

are either (
i
) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners.

Media Relations Contact:

Tom Stilwell
[email protected]

Investor Relations Contact:

Bill Choi, CFA
[email protected] 

SAN FRANCISCO, Dec. 01, 2020 (GLOBE NEWSWIRE) — As part of a concerted effort to standardize sustainability measures within global manufacturing, Fictiv today unveiled a new carbon neutral shipping program to offset the environmental footprint of transportation-generated carbon emissions.  Fictiv has partnered with Dot Neutral to calculate emissions related to shipping activities, such as package delivery, and automatically pair them with carbon credits generated by The Bethel Wind Farm in Castro County, Texas.

“At Fictiv, we believe sustainability is both a responsibility and an opportunity,” said Nate Evans, CXO and Co-founder of Fictiv. “Our vision is to make it easier for product developers to choose sustainable manufacturing options through our digital ecosystem. This new partnership with Dot Neutral serves as a critical step on our path towards building a more sustainable business and planet.”

A recent study by CE Delft found that the shipping industry could be responsible for about 10% of global greenhouse gas emissions by 2050 if the industry does not take action. Carbon offsets are a mechanism used to fund projects that remove or prevent greenhouse gases from entering the atmosphere. Offsets seek to establish a one-to-one exchange of human-emitted carbon with projects that sequester carbon from the atmosphere. All of the projects listed at Dot Neutral are hand selected and verified offsets and are registered with the Climate Action Reserve (CAR), American Carbon Registry (ACR), or Verra (VCS).

About Fictiv

Fictiv offers manufacturing agility and speed through a portfolio of optimized manufacturing processes for hardware companies of all sizes. Its Digital Manufacturing Ecosystem combines an easy-to-use cloud platform; design, quoting, billing and logistics systems; and an intelligent orchestration engine that manages a network of highly vetted and monitored manufacturing partners that together deliver high-quality mechanical parts at unprecedented speeds. The ecosystem is supported by “boots-on-the-ground” experts to manage programs, inspect quality, and provide ​DfM ​guidance along the way. Over the last six years, Fictiv has manufactured more than 10M parts for early-stage companies and large enterprises alike, helping them innovate with agility and increase supply chain predictability. www.fictiv.com

Media Contacts:

Stephanie Hicks
Cosmo PR for Fictiv
(805) 295-9455
[email protected]

 

SAN JOSE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) — Synaptics Incorporated (Nasdaq: SYNA), today announced its participation in four upcoming investor conferences.

• Jason Tsai, Head of Investor Relations, will be virtually attending the Wells Fargo 2020 TMT Summit on December 1, 2020.
• Michael Hurlston, President and CEO, will virtually present at the 24^th Annual Credit Suisse Technology Conference on December 2, 2020 at 4:50 p.m. EST. A live webcast of the presentation will be accessible by visiting Synaptics’ investor website at investor.synaptics.com.
• Dean Butler, CFO, will be virtually attending the Barclays Global Technology, Media and Telecommunications Conference on December 9, 2020.
• Dean Butler, CFO, will virtually present at the Needham Growth Conference 2021 on January 12, 2021 at 4:15 p.m. EST. A live webcast of the presentation will be accessible by visiting Synaptics’ investor website at investor.synaptics.com.

About Synaptics Incorporated

Synaptics (Nasdaq: SYNA) is pioneering the relationship between people and intelligent devices, bringing innovative and intuitive user experiences for the premium market. Synaptics’ broad portfolio of touch, display, biometrics, voice, video, vision, AI, audio and connectivity products are built on the company’s rich R&D, extensive IP and dependable supply chain capabilities. With solutions designed for the smart home, smartphones, PC and peripherals, and automotive markets, Synaptics combines ease of use, functionality and aesthetics to enable products that help make our digital lives more productive, secure and enjoyable. Follow Synaptics on LinkedIn,Twitter and Facebook, or visit synaptics.com.

For more information contact:
Jason Tsai
Head of Investor Relations
[email protected]

 

Partner to Distribute Safe-T’s ZoneZero™ SDP Solution, Which Allows Access to Applications and Services Only After Trust Has Been Verified

HERZLIYA, Israel, Dec. 01, 2020 (GLOBE NEWSWIRE) —  

Safe-T® Group Ltd.
(NASDAQ, TASE: SFET), a provider of Secure Access solutions for on-premise and hybrid cloud environments, and Systematika Distribution Srl (“Systematika”), one of the leading operating companies in the distribution of solutions for the Professional Information Technology market, has signed an agreement for the distribution of Safe-T’s ZoneZero^TM SDP in Italy.

Safe-T’s ZoneZero SDP solution is a valuable addition to any organization, enabling enterprises to provide secure and transparent access to internal applications, services, and data. Safe-T’s patented reverse-access technology eliminates the need to open incoming ports in the organization’s firewall, thereby delivering seamless, effective and secure processes with a true separation between the data plane and the control plane, all built on top of the existing network setups, thus not requiring costly and timely changes in infrastructure.

“With over 35 years as a leading distributor of advanced technology solutions, Systematika is a perfect match for our ZoneZero solutions,” said Avi Rubinstein, Safe-T’s Chief Business Officer. “The addition of Systematika, a high-value partner with an impressive customer base, to our channel network will enable us to expand the introduction of our solutions and further promote our game changing products in Italy.”

The ZoneZero SDP solution is part of Safe-T’s ZoneZero Perimeter Access Orchestration suite, which provides central management of all secure-access technologies and allows organizations to implement a valid Zero Trust Network Access (ZTNA) architecture beyond the perimeter.

“Safe-T’s solutions will enhance our existing product offerings and services in the key area of cybersecurity,” said Franco Puricelli, the Managing Director of Systematika. “Keeping organizations safe from attacks and data leakage by securing the access itself, is critical and crucial, and even more so in this pandemic scenario. Thanks to Safe-T’s solutions, we will be able to support our partners and their customers to accomplish this mission.”

About Systematika

Systematika has been for over 35 years one of the most important operating companies in the distribution of solutions for the Professional Information Technology market.

A real point of reference for ICT operators, Systematika places the accent on “high-tech” distribution: not only an offer of innovative and reliable technologies, but also a series of training services, pre-sales support, workshops, marketing initiatives, incentives and consultancy completely available to its partners.

The core business focused on software – from marketing to consulting, from training to specific support for partners – allows Systematika to acquire and offer valuable skills and high professionalism, without sacrificing the breadth of the offer.

Qualified and professional staff, operational consistency in the choice of Qualified IT Resellers, competence and special attention to the evolution of IT are the main strengths on which Systematika bases the relationship with the customer, guaranteeing reliability, continuity and growth. For more information, please visit, https://systematika.it/.

About Safe-T®

Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a provider of Zero Trust Access solutions which mitigate attacks on enterprises’ business-critical services and sensitive data, while ensuring uninterrupted business continuity.

Safe-T’s cloud and on-premises solutions ensure that an organization’s access use cases, whether into the organization or from the organization out to the internet, are secured according to the “validate first, access later” philosophy of Zero Trust. This means that no one is trusted by default from inside or outside the network, and verification is required from everyone trying to gain access to resources on the network or in the cloud.

Safe-T’s wide range of access solutions reduce organizations’ attack surface and improve their ability to defend against modern cyberthreats. As an additional layer of security, our integrated business-grade global proxy solution cloud service enables smooth and efficient traffic flow, interruption-free service, unlimited concurrent connections, instant scaling and simple integration with our services.

With Safe-T’s patented reverse-access technology and proprietary routing technology, organizations of all size and type can secure their data, services and networks against internal and external threats.

At Safe-T, we empower enterprises to safely migrate to the cloud and enable digital transformation.

Safe-T’s solutions on AWS Marketplace is available here

For more information about Safe-T, visit www.safe-t.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses the advantages of its ZoneZero™ SDP solution, the potential of the relationship with Systematika Distribution Srl, the benefits of partnership between Safe-T and Systematika Distribution Srl to organizations in Italy and the potential of the ZoneZero™ SDP solution and/or the distribution agreement to address market need and/or demand in Italy. Because such statements deal with future events and are based on Safe-T’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Safe-T’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2020, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

SAFE-T CONTACT:
Maya Meiri
M: +972(0)52 3259171
[email protected] 

SAN JOSE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO) today announced the availability of the latest generation of AIOps from Broadcom, an open platform with artificial intelligence, machine learning and end-to-end observability that helps organizations achieve operational excellence. AIOps allows business and IT leaders to manage critical KPIs that align IT outputs to business outcomes, driving digital agility, while proactively ensuring enhanced customer and positive employee experiences.

“Imagine a lens that provides a clear and fully integrated view of your business with IT providing valuable intelligence that drives informed decision-making. This is no longer a wish list, this is a reality for our customers through the new Broadcom AIOps solution,” said Serge Lucio, vice president and general manager, Enterprise Software Division, Broadcom. “AIOps from Broadcom provides enterprises with comprehensive observability across user experience, applications, infrastructure and networks delivering digital agility, actionable insights and intelligent automation— all enhancing business outcomes and customer experience.”

As enterprises progress in their ongoing digital transformations, they face complex modern and hybrid IT environments, while adopting Site Reliability Engineering and automation approaches to achieve operational effectiveness. Customers and employees now demand instant access to services delivered by IT teams. However, many struggle to gain vital insights across heterogeneous digital landscapes due to disparate tooling, increased volume of data, increase in remote traffic, frequency in redundant tasks, and lack of actionable insights.

New
Leading-Edge
Capabilities

AIOps from Broadcom is an open platform that correlates and analyzes a broad range of IT observability data sources and acts as a trusted proof point for the IT Operations analytics offered in Broadcom’s BizOps solution. AIOps from Broadcom now includes new AI/ML techniques and customizable views for enhanced actionable insights. New capabilities include:

• Full-Stack
  Observability
  — for hybrid clouds, cloud-native applications, distributed tracing, mobile-to-mainframe insights and network telemetry while providing users openness to ingest other data sources quickly with 15 new third-party data integrations.

• DX Dashboards
  — provide rich visualizations for task-based persona-driven insights along with unfettered access to all data to easily customize and create company-specific dashboards.

• Service and
  Alarm Analytics
  — include additional machine learning topology and correlation, casual graphs and intelligent situational analysis for automatic root cause analysis, noise mitigation, alarm clustering, and anomaly detection.

• Intelligent Automation
  — based on a recommendation engine connects root cause analysis with extensive out-of-the-box actions and automation strategy based on problem scenarios.

• Capacity Analytics
  — provide service-aware configuration for capacity planning and drill-downs for service context and group context to identify the potential over-utilized or under-utilized resources and optimize the capacity allocation.

• Continuous Feedback Loops
  — connect data across development, IT and the business for views and insights across disparate data sets and siloed teams.

• Machine Learning
  — based on an extensive library of algorithms, natural language processing and an ontological graphical topology for rich situational correlation for continuous learning and improved automated root cause analysis.

• Software to Silicon
  Insights— apply AI and ML to rich, granular data capture at the chip level to enable a unique, AI-driven solution for real-time proactive network congestion and packet loss triage.

“It was vital that our teams moved from a focus on managing IT resources to managing business implementations, so we started by eliminating the lines that traditionally separated IT and business,” said Mike Sydor, chief architect, ADP. “A big part of that effort required us to establish views, dashboards, and reports that reflected both perspectives. By leveraging the comprehensive insights garnered through AIOps from Broadcom, we were able to accelerate the move away from having staff concentrate on individual metrics and instead have them focused on the metrics that are significant for good business outcomes.” ¹ [read the full story here]

Forrester recommends organizations invest in AIOps saying, “AI for IT operations (AIOps) is unifying traditional infrastructure, public cloud, application performance management (APM), and even network monitoring.” ² – Rich Lane, senior analyst, Forrester Research.

Broadcom AIOps Virtual Forum

In conjunction with this announcement, Broadcom unveiled the results of a Broadcom sponsored report “Using AIOps to Gain Observability and Insight: A Global Survey of Executives and IT Professionals” conducted by Dimensional Research. For a full copy of the report and to learn more about how the world’s leading companies are driving business outcomes, join Broadcom for the AIOps Virtual Forum, “Maximizing Value and Success with AIOps in 2021,” December 3, 2020 at 11AM (ET). Visit AIOps from Broadcom to learn more about how AIOps is augmenting human intelligence to help manage increasingly complex app infrastructures, automate remediation and align business and IT.

About Broadcom

Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom’s category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. For more information, go to www.broadcom.com.

Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

¹
How IT Transformation at ADP is Fueling Operational Excellence

²
The Forrester Tech Tide™: Modern Technology Operations, Q3 2020

Press Contact:
Jon Piazza
Broadcom Inc.
[email protected] 
310.498.5254

DENVER, Dec. 01, 2020 (GLOBE NEWSWIRE) — NewAge, Inc. (Nasdaq: NBEV), the Colorado-based social selling and distribution company with a network of independent business owners across 75 countries worldwide, today announced that it will close a new debt facility for a total of $30 million, increasing its unrestricted cash balance to more than $50 million.

The new two-year debt facility with funds and accounts managed by JGB Management, Inc. (JGB), replaces the existing line of credit that the Company had in place with East West Bank, which will be satisfied in full at closing. In addition to eliminating the East West facility, the new line of credit will be used to provide $10 million in cash as part of the ARIIX transaction and for general working capital purposes. Details of the agreement are included in the Company’s Current Report on Form 8-K filed on December 1, 2020.

Greg Gould, Chief Financial Officer of NewAge, commented, “We are pleased to be able to secure this financing and partner with a great organization like JGB. I’m excited about our new partnership with JGB, which even further strengthens our company’s financial position. We intend to use the funds to fully pay off our loan balance with East West Bank, fulfill our cash payment obligation under the ARIIX transaction, and use strategically to fund operating activities designed to accelerate our global organic revenue growth. With the addition of this financing our unrestricted cash balance will now exceed $50 million. With the completion of the NewAge/ARIIX merger and the expected improved cash generation of the combined company augmented with the new credit facility, I believe we have significant financial flexibility to meet our organic operating needs throughout 2021.”

Brett Cohen, Founder of JGB mentioned, “We are very excited to be working with NewAge and to provide the financing for their organic growth and other needs. We look forward to this new relationship and being a key component of their strategic growth plans.”

Advising NewAge on the transaction was A.G.P./Alliance Global Partners as advisor and placement agent. 

About


NewAge


, Inc.


(NASDAQ:


NBEV


)


NewAge is a Colorado-based organic and healthy products company intending to become one of the world’s leading social selling and distribution companies. The Company builds brands across three primary platforms including health and wellness, healthy appearance, and nutritional performance. NewAge employs an omnichannel route to market across more than 75 countries worldwide with a team of more than 400,000 independent distributors. The Company operates the websites newage.com, noninewage.com, ariix.com, mavie.com, thelimucompany.com, zennoa.com and a number of other individual brand websites.

About A.G.P. /Alliance Global Partners


A.G.P./Alliance Global Partners is an investment banking and advisory firm that has been a member of FINRA and registered with the SEC since 1980. A.G.P provides brokerage and wealth management services with access to all major domestic exchanges as well as over 30 global markets. A.G.P. specializes in wealth management and the middle market institutional arena. A.G.P. provides clients with boutique-level services along with the confidence of knowing their assets are held at Fidelity Clearing and Custody. A.G.P maintains long-lasting relationships with clients, ranging from some of the largest institutions investors and selected individual investors. More information on Alliance General Partners can be found at www.allianceg.com.

Safe Harbor Disclosure


This press release contains forward-looking statements that are made under the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management’s expectations regarding future results of operations, economic performance, financial condition, the acquisition of ARIIX, statements about the benefit of the ARIIX transaction, upgrades to NewAge’s financial position, acceleration of our global organic revenue growth, expected improved cash generation of the combined company, having significant financial flexibility to meet the Company’s organic operating needs throughout 2021, and the extent and duration of COVID-19 on its business. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable, but there is no assurance they will prove to be accurate. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. NewAge competes in a rapidly growing and transforming industry, and risk factors, including those disclosed in the Company’s filings with the Securities and Exchange Commission, might affect the Company’s operations. Unless required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements.

For investor inquiries about NewAge please contact:

NewAge
Investor Relations:

Riley Timmer
Vice President, Investor Relations
Tel: 1-801-870-8685
[email protected]

Investor Relations Counsel:

John Mills/Scott Van Winkle
ICR – Strategic Communications and Advisory
Tel: 1-646-277-1254/1-617-956-6736
[email protected]

NewAge
, Inc.
:

Gregory A. Gould
Chief Financial Officer
Tel: 1-303-566-3030
[email protected]