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State of New Jersey expands use of Everbridge platform to enhance citizen safety

New Jersey State Police will broaden use of Everbridge population alerting software to communicate life-saving information to nine million residents

 

BURLINGTON, Mass. — (BUSINESS WIRE) — Everbridge, the global leader in critical event management (CEM) and national public warning software solutions, today announced that the State of New Jersey expanded its use of the company’s Public Safety solutions to communicate with residents across the state in times of emergency. The New Jersey State Police added Everbridge’s Resident Connection and Integrated Public Alert & Warning System IPAWS solutions to maximize the reach of their critical citizen alerts, allowing public safety officials to reach the state’s nine million residents in the event of a crisis such as hurricanes, tornadoes, and flooding.


This year marks the tenth anniversary of Hurricane Sandy, the costliest and most devastating storm to impact New Jersey. As learned during Sandy, and subsequent severe weather events that affected the Garden State, a critical part of any crisis response is the ability to share accurate information in a timely manner to the right population.

 

Resident Connection enables Everbridge customers to target potentially life-saving communications to impacted areas by simply drawing geo-fenced shapes on a map, allowing local, county, and state government leaders to quickly and accurately reach the largest number of people in those zones. Recipients may include the most vulnerable and often underserved populations, such as residents with special needs; dependence on supplemental oxygen or medications; cognitive, visual, or hearing impairment; and those lacking Internet access.

 

Additionally, through Everbridge, New Jersey State Police is now able to access FEMA’s Integrated Public Alert & Warning System (IPAWS), which utilizes several communication pathways to reach the public, including: the Emergency Alert System (EAS) to deliver alerts via AM, FM and satellite radio, as well as broadcast, cable and satellite TV; Wireless Emergency Alerts (WEA) to deliver notifications to cell phones and mobile devices based on location, even if cellular networks are overloaded and can no longer support calls, text and emails; and integration with voice sirens, digital road signs, and emergency telephone networks.

 

“First responders work around the clock to protect citizens from critical events like wildfires, hurricanes and the pandemic,” said Francis Willett, Principal Product Manager for Everbridge Public Safety. “New Jersey is ahead of the curve when it comes to ensuring that the public receives potentially life-saving information, while at the same time improving message timeliness and accuracy when a crisis demands their full attention.”

 

Everbridge serves more than 300 organizations throughout the state of New Jersey, including local and county governments, hospitals, schools, retailers, corporations, and financial services providers. Everbridge also supports the states of Connecticut, Florida, Massachusetts, New York, Vermont, Oregon, and West Virginia; the 18 local jurisdictions comprising the National Capital Region (NCR); and thousands of municipal, territorial, and tribal governments, including 22 of the 25 largest U.S. cities.

 

About Everbridge

Everbridge, Inc. (NASDAQ: EVBG) is a global software company that provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to Keep People Safe and Organizations Running™. During public safety threats such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events including IT outages, cyber-attacks, product recalls or supply-chain interruptions, over 6,300 customers in 76 countries rely on the Company’s Critical Event Management Platform to quickly and reliably aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes through the secure delivery to over 100 different communication modalities, and track progress on executing response plans. For more information, visit www.everbridge.com, read the company blog, and follow on Twitter and Facebook.

 

Cautionary Language Concerning 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, including but not limited to, statements regarding the anticipated opportunity and trends for growth in our critical communications and enterprise safety applications and our overall business, our market opportunity, our expectations regarding sales of our products, our goal to maintain market leadership and extend the markets in which we compete for customers, and anticipated impact on financial results. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the ability of our products and services to perform as intended and meet our customers’ expectations; our ability to successfully integrate businesses and assets that we may acquire; our ability to attract new customers and retain and increase sales to existing customers; our ability to increase sales of our Mass Notification application and/or ability to increase sales of our other applications; developments in the market for targeted and contextually relevant critical communications or the associated regulatory environment; our estimates of market opportunity and forecasts of market growth may prove to be inaccurate; we have not been profitable on a consistent basis historically and may not achieve or maintain profitability in the future; the lengthy and unpredictable sales cycles for new customers; nature of our business exposes us to inherent liability risks; our ability to attract, integrate and retain qualified personnel; our ability to maintain successful relationships with our channel partners and technology partners; our ability to manage our growth effectively; our ability to respond to competitive pressures; potential liability related to privacy and security of personally identifiable information; our ability to protect our intellectual property rights, and the other risks detailed in our risk factors discussed in filings with the U.S. Securities and Exchange Commission (“SEC”), including but not limited to our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on February 25, 2022. The forward-looking statements included in this press release represent our views as of the date of this press release. We undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

All Everbridge products are trademarks of Everbridge, Inc. in the USA and other countries. All other product or company names mentioned are the property of their respective owners.

Contacts

Everbridge Contacts:
Jim Gatta

Media Relations

jim.gatta@everbridge.com
215-290-3799

Jeff Young

Media Relations

jeff.young@everbridge.com
781-859-4116

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Business Lifestyle Technology

Comcast boosting speeds for more than 20 million Xfinity Internet customers across the country

New Speeds Rolling Out This Week as Xfinity Continues to Deliver a Fast, Reliable and Secure Connectivity Experience that Others Can’t Match

Network Innovation Continues as Xfinity Evolves to a 10G Future

 

PHILADELPHIA — (BUSINESS WIRE) — More than 20 million Xfinity households across the country will soon be waking up to faster Internet, thanks to Xfinity. The country’s largest gigabit network is boosting speeds on its most popular plans beginning this week, providing customers with an even better connectivity experience as they stream the latest 4K blockbuster, game online, videoconference, and more, all at the same time. With this latest round of speed increases, Xfinity continues to provide unparalleled value compared to other providers – including significantly faster speeds and better reliability than mobile and 5G Home Internet.


The announcement comes on the heels of Comcast’s launch of the nation’s largest- and fastest-ever multi-gig deployment that will reach more than 50 million homes and businesses with 2 Gbps speeds before the end of 2025.

 

“The number of devices connected in Xfinity households has skyrocketed 12X since 2018, and the need for fast, reliable, and secure Internet will continue to grow,” said Bill Connors, President of Xfinity, Comcast Cable. “That’s why today, Xfinity is increasing speeds for most of our customers across the country.”

 

Faster Speeds Rolling Out Nationwide

Beginning this week, new and existing customers will be able to take advantage of the following upgraded speeds*:

  • Performance Starter/Connect from 50 Mbps to 75 Mbps
  • Performance/Connect More from 100 Mbps to 200 Mbps
  • Performance Pro/Fast from 300 Mbps to 400 Mbps
  • Blast/Superfast from 600 Mbps to 800 Mbps
  • Extreme Pro/Gigabit (formerly Ultrafast) from 900 Mbps to 1 Gbps

 

Benefits Beyond Speed – Reliability and Security

The benefits of Xfinity go beyond faster speeds. Xfinity’s comprehensive connectivity experience combines a powerful network built to deliver Internet in the home, reliably and securely, with cutting-edge hardware and software.

  • Reliable – Next-generation Xfinity gateways deliver the most advanced WiFi technology, WiFi 6E, with 3x more bandwidth to power hundreds of devices, gigabit speeds over WiFi, and ultra-low latency for those moments when response times matter most like playing video games or using virtual reality. xFi Pods extend that coverage to hard-to-reach areas of the home, when needed.
  • Secure – xFi Advanced Security – included free for customers who lease an Xfinity gateway – protects connected devices from malware and other threats at the gateway before they reach devices and the household members who are using them. Xfinity has stopped billions of cyber security threats since introducing the service a few years ago.

 

A Network Built for the Future

Comcast’s Xfinity Internet service is delivered using Comcast’s existing network architecture and the connections that are already in most customers’ homes – no digging up yards required. Faster speeds will be just one of the consumer benefits made possible through Comcast’s continued efforts to evolve its entire network to 10G.

 

10G is a next-generation technology platform supported by a global collaboration of companies in the Internet industry focused on building networks that stay ahead of consumer demand for connectivity. Recently, Comcast successfully tested the final component needed to deliver multi-gigabit symmetrical speeds – powered by 10G and DOCSIS 4.0 technology – throughout its entire network. In addition to fast speeds, 10G efforts will provide even greater network reliability, lower latency, faster troubleshooting, and increased energy efficiency.

 

To learn more about Xfinity’s Internet and connectivity solutions for customers, click here.

 

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information.

 

*Performance Starter, Performance, Performance Pro, Blast and Extreme Pro speed tiers are for customers in Comcast’s Northeast Division markets: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia, Washington, D.C., and West Virginia

 

Connect, Connect More, Fast, Superfast, and Gigabit speed tiers are for customers in Comcast’s Central and West Division markets: Alabama, Arizona, Arkansas, California, Colorado, Georgia, Idaho, Illinois, Indiana, Kansas, Louisiana, Michigan, Minnesota, Mississippi, Missouri, New Mexico, Oregon, South Carolina, Tennessee, Texas, Utah, Washington, and Wisconsin

Contacts

Joel Shadle

Comcast Corporate Communications

Joel_Shadle@comcast.com
703-906-2645

Categories
Business Lifestyle Technology

Seabury Solutions applies AI to scheduling, data wrangling and revenue potential forecasting

 Seabury Solutions integrates AI (Artificial Intelligence) solutions to improve financial and operational models, for its growing solutions platform

 

AMSTERDAM — (BUSINESS WIRE) — #artificialintelligence–Seabury Solutions, a market leader in providing Information Technology solutions for the aviation industry, announced today the integration of AI solutions through strategic partnerships.


“Aurora’s intelligent scheduling technology improves MRO throughput, resulting in improved transparency and reduced costs, while also resulting in superior operations management. Aurora was developed to help tackle difficult, mission-critical scheduling problems—by using artificial intelligence technologies to encode extensive expert domain knowledge with advanced algorithms to generate more efficient schedules. Today, Aurora manages the most demanding operations for organizations such as The Boeing Company, Mitsubishi Heavy Industries, Bombardier Learjet, Spirit AeroSystems, General Dynamics Electric Boat, Korea Aerospace Industries, and the US Air Force, US Space Force, and US Navy,” says Richard Stottler, President, Stottler Henke.

 

“Having seen OEMs and Tier 1s invest in predictive maintenance driven AI channels, it was crucial that AI found its way into enhancing data quality and integrity using data driven models. This acts as a segway into helping organizations visualize commercial impact of decisions using an Aircraft, Engine or Component’s Airworthiness and Maintenance data. KeepFlying sees great potential for Airlines, MROs, Lessors and Banks to create financial twins for the Assets they operate, lease, maintain and finance to predict costs, revenues, asset placement commercial potentials and risks using Machine Learning models trained across different Aircraft and Engine types,” remarked KeepFlying CEO, Sriram Haran.

 

“Our decision to include AI into our Functional Architecture was taken right before the Pandemic started and it was included in our road map together with a 5-year plan to execute it. After understanding the necessity of tools driven by AI in areas such as Scheduling, Planning, Revenue Forecasting (specifically for Airframe and Engines MROs, lessors and Financial Institutions) we took the challenge of inviting specialized strategic partners to deliver a set of solutions that will only improve our digital transformation platform and benefit not only current but also future customers,” stated Seabury Solutions CEO & President, Bijoy Mechery.

 

ABOUT STOTTLER HENKE ASSOCIATES Inc.

ABOUT KEEPFLYING

ABOUT SEABURY SOLUTIONS

Contacts

mkt@seaburysolutions.com
www.seaburysolutions.com/

Categories
Education Technology

Barnes & Noble Education and University of Memphis to launch Tigers SmartStart, a BNC First Day® Complete program, to enhance student success

Barnes & Noble College to Manage all Course Materials, Retail Merchandise and Online Bookstore Services at University of Memphis

Nearly 22,000 Students Will Have Access to All Required Textbooks, Lab Manuals, Access Codes and Electronic Book Versions Before the First Day of Class

 

BASKING RIDGE, N.J. — (BUSINESS WIRE) — Barnes and Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and leading solutions provider for the education industry, today announced the upcoming launch of First Day® Complete at University of Memphis (UofM).

 

Starting October 10, 2022, Barnes & Noble College (BNC), which operates BNED’s campus bookstores and associated school branded e-commerce sites, began to manage all course materials, retail merchandise and online bookstore services for UofM, and will be implementing Tigers SmartStart for nearly 22,000 UofM students for the Spring 2023 Term.

With BNC as its new bookstore operator, UofM will offer an expanded assortment of logo apparel and gifts, school supplies, technology, convenience items and more. Through its strategic alliance with Fanatics and Lids, BNC will deliver an unparalleled best-in-class assortment of apparel and an exceptional retail experience to the UofM community. Merchandise will be available in store and online through the website , delivered with a dynamic and personalized experience for students, alumni and fans.

 

With the launch of Tigers SmartStart in Spring 2023, UofM students will have access to all required textbooks, lab manuals, access codes, digital materials and electronic books in a convenient bundle before the first day of class at average student savings of between 35-50% on the cost of course materials during their undergraduate career. Tigers SmartStart will allow undergraduate students to receive these required course materials at a rate of $24 per credit hour, regardless of how much each item costs to purchase separately.

 

By delivering all course materials via one highly convenient concierge service, Tigers SmartStart ensures students have access to all their required course materials on or before the first day of class, allowing them to engage with course content from day one, making them better prepared and facilitating their academic success. The program also offers academic freedom for faculty by allowing them to select the best course materials for their curriculum and leverage BNC’s deep relationships with more than 6,000 publishers, creating a one-stop, simplified experience.

 

“We are excited about our partnership with UofM as we implement Tigers SmartStart to enhance student outcomes,” said Jonathan Shar, President, Barnes & Noble College. “Tigers SmartStart ensures students are prepared to begin learning on day one, driving greater student success while also offering a more affordable and convenient way for students to obtain their course materials. We support UofM’s mission of providing the highest quality education, and through this partnership, we will provide a wide range of academic solutions and a seamless retail experience to help to drive success for UofM’s students in the classroom and beyond. We look forward to working with UofM and our other partner schools to continue delivering solutions that empower academic success for all students.”

 

“Access and affordability for students are among our core principles at the University of Memphis, and this initiative aligns perfectly with those efforts,” said UofM Interim Provost Abby Parrill-Baker. “We are excited to partner with Barnes & Noble College, and we appreciate their commitment to providing pathways for student success on our campus and across the country.”

 

With Tigers SmartStart, instead of purchasing course materials a la carte, the cost is included in each student’s account when tuition is charged. In December 2022, students will receive an email from the UofM bookstore prompting them to select their preferred delivery method for their fall semester materials. The bookstore will prepare materials for each student and notify them when materials are available for in-store pickup or have shipped. Digital materials will be automatically delivered to students.

 

Hear what students, faculty and administrators had to say about their experiences using First Day Complete and how it has made a positive impact at their institutions. Watch the video, here.

 

For more information about BNC’s First Day Complete, visit, www.bncollege.com/academic-solutions/first-day-complete/.

Barnes & Noble College, a Barnes & Noble Education company, currently operates more than 770 campus stores nationwide. For more information about Barnes & Noble College’s services and locations, visit http://www.bncollege.com.

 

ABOUT BARNES & NOBLE EDUCATION, INC.

Barnes & Noble Education, Inc. (NYSE: BNED) is a leading solutions provider for the education industry, driving affordability, access and achievement at hundreds of academic institutions nationwide and ensuring millions of students are equipped for success in the classroom and beyond. Through its family of brands, BNED offers campus retail services and academic solutions, a digital direct-to-student learning ecosystem, wholesale capabilities and more. BNED is a company serving all who work to elevate their lives through education, supporting students, faculty and institutions as they make tomorrow a better, more inclusive and smarter world. For more information, visit www.bned.com.

Contacts

Media Contact:
Carolyn J. Brown

Senior Vice President

Corporate Communications & Public Affairs

908-991-2967

cbrown@bned.com

Categories
Business Lifestyle Technology

The Atlantic Federal Credit Union selects Upstart for personal lending

SPRINGFIELD, N.J. & SAN MATEO, Calif. — (BUSINESS WIRE) — The Atlantic Federal Credit Union, a community-chartered credit union serving Essex and Union counties in New Jersey,  announced that it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members.

“We are a credit union focused on providing high quality service through digital automation, personal assistance, and market-leading products, which is why we chose to partner with Upstart,” said Jason Reed, Chief Operations Officer for The Atlantic Federal Credit Union. “Upstart has successfully provided our credit union with an opportunity to lend to a wider range of borrowers through an all-digital platform powered by AI and is helping us achieve our lending goals.”

 

As an Upstart lending partner since September 2021, The Atlantic Federal Credit Union (The Atlantic) is part of the Upstart Referral Network. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet The Atlantic’s credit policies will receive tailored offers as they seamlessly transition into an Atlantic Federal Credit Union-branded experience to complete the online member application and closing process.

 

“We are excited to be partnering with The Atlantic Federal Credit Union to provide a modern, all-digital personal lending experience to more people,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through the Upstart Referral Network, The Atlantic is leveraging Upstart’s AI lending platform to serve new and existing members while expanding access to affordable credit.”

 

To learn more about The Atlantic Federal Credit Union and the partnership with Upstart, please watch the webinar, “Driving Member Engagement & Growth during Uncertain Times with AI: A Case Study with The Atlantic Federal Credit Union.” To learn more about Upstart for Credit Unions and the Upstart Referral Network, please watch this video.

 

About Upstart

Upstart (NASDAQ: UPST) is a leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstart’s AI platform, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates for every race, ethnicity, age, and gender, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than two-thirds of Upstart loans are approved instantly and are fully automated. Upstart was founded by ex-Googlers in 2012 and is based in San Mateo, California and Columbus, Ohio.

 

About The Atlantic Federal Credit Union

The Atlantic Federal Credit Union was founded in 1935 as a not-for-profit financial cooperative to meet the savings and borrowing needs of Members. Today, The Atlantic Federal Credit Union exclusively serves Essex and Union counties in New Jersey with financial wellness resources, competitive rates and technology-driven solutions for personal and business banking needs. For full eligibility criteria and more information, visit AtlFedCU.com.

Contacts

press@upstart.com

Categories
Business Lifestyle Technology

U.S. Army Combat Capabilities Development Command Soldier Center utilizes Aetrex Technology for Department of Defense Footwear Initiative

Cross-service effort focusing on design and fit improvements for female Warfighter combat and safety footwear

 

TEANECK, N.J. — (BUSINESS WIRE) — Aetrex, Inc. (“Aetrex”), the global market leader in foot scanning technology, orthotics and comfort & wellness footwear, today announced the U.S. Army Combat Capabilities Development Command Soldier Center’s (DEVCOM SC) rental of the brand’s Albert 2 Pro 3D foot scanner for use in their investigation of the need for – and potential impact of – combat and safety footwear designed for women, specifically. This is a cross-service effort between DEVCOM SC, the Navy Exchange Service Command’s Navy Clothing and Textile Research Facility (NCTRF) and Life Cycle Management Center (AFLCMC) to make design and fit improvements for combat and safety footwear for U.S. female Warfighters. After the rental period was over, NCTRF purchased an Albert 2 Pro 3D scanner and used it for the last test location.


The Army Combat Boot Improvement and cross-service Female Fit and Size efforts aim to bring the issue of fit to the forefront, as well as determine whether female Warfighters are adequately accommodated by the current combat and safety footwear.

 

Fit plays an all-important role in Warfighter footwear because improperly fitted boots can cause discomfort and impact performance. Improperly fitted boots can also increase the risk of injuries, including blisters and stress fractures. The goal of the footwear fit effort is to improve the fit of combat boots for female service members, ultimately improving Soldier performance, enhancing comfort, and preventing injuries.

 

With the help of the Albert 2 Pro, DEVCOM SC, NCTRF, and AFLCMC teams will be able to gain a better understanding of the unique requirements of female Warfighters’ feet. The effort will help to determine if there is a need for female-specific footwear “lasts” (the forms on which footwear is constructed) and which design and fit improvements are key.

 

“The Albert 2 Pro provides a streamlined process for accurately collecting scientific data, including 3D foot measurements, static pressure underfoot, and the dynamic pressure for gait analysis, in a matter of seconds,” said Larry Schwartz, CEO at Aetrex. “For the past 20 years, our scanners have performed over 40 million foot scans that have helped inform our footwear and orthotics designs. With the innovative capabilities of our premium scanner, we are confident that researchers will find the information needed to determine the best approach for their cross-service Female Fit and Size efforts.”

 

To learn more about Albert 2 Pro and Aetrex’s technology suite, please visit www.aetrex.com.

 

About Aetrex

Aetrex Worldwide, Inc. is widely recognized as the global leader in foot scanning technology, orthotics, and comfort and wellness footwear. Aetrex has developed state-of-the-art foot scanning devices, including Albert, Albert 2 Pro, a CES 2022 Innovation Award Honoree, and iStep, designed to accurately measure feet and determine foot type and pressure points. Since 2002, Aetrex has placed over 10,000 scanners worldwide that have performed more than 40 million unique customer foot scans, currently averaging more than 2.5 million scans a year.

 

The company is renowned for its over-the-counter orthotics – the worlds #1 premium foot orthotic. With fashion, function and quality at the forefront, Aetrex also designs and manufactures stylish, performance footwear. Based in New Jersey, Aetrex is consistently named one of New Jersey’s Top 100 Privately Held Companies and was also included in NJBIZ’s Top 30 Manufacturing Companies. It has remained privately owned by the Schwartz family for three generations. For additional information, visit www.aetrex.com.

Contacts

Media
Rajira Hernandez

Matter Communications

978-225-8082

aetrex@matternow.com

Categories
Business Lifestyle Science Technology

Velodyne Lidar acquires AI software company Bluecity

Acquisition Bolsters Velodyne’s Lidar Solutions for Intelligent Infrastructure

 

SAN JOSE, Calif. — (BUSINESS WIRE) — $VLDR #ai—Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced the company has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company whose next-generation, lidar-based solutions solve safety, traffic and infrastructure issues. The all-stock acquisition reinforces Velodyne’s commitment to enabling customer success by delivering industry-leading, AI-powered autonomous vision solutions. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage. Bluecity’s executive, software development and sales teams will join Velodyne.


Velodyne and Bluecity have been partnering for many years to deliver lidar-based solutions for smart city applications. Velodyne’s Intelligent Infrastructure Solution (IIS) combines the company’s award-winning lidar sensors and Bluecity’s AI software. IIS delivers traffic monitoring and analytics to improve road safety and efficiency, and helps cities plan for smarter, greener transportation systems. The solution is deployed across four continents with 74 installations, including systems rolled out domestically in California, Colorado, Florida, New Jersey, Maryland, Texas, Nevada and Michigan and internationally in Canada, China, UAE, India, Finland, Germany and Australia.

 

“We are excited to welcome Bluecity as full members of the Velodyne team. They are an exceptionally talented group of innovators with game-changing AI and analytics software that perfectly complements our lidar sensors and Vella software,” said Dr. Ted Tewksbury, CEO, Velodyne Lidar. “The customer response to Velodyne’s lidar-based system solutions has been incredibly positive. Customers are using our lidar and AI-powered analytics to obtain business insights and improve safety, sustainability, efficiency and transportation equity in ways that were never possible with traditional cameras or radar alone. Our acquisition of Bluecity further affirms that a system solutions approach integrating software and hardware is a major competitive advantage for Velodyne across all our end markets.”

 

“Bluecity is a big believer in Velodyne’s vision of being the leading provider of AI-powered autonomous vision systems,” said Dr. Asad Lesani, Co-Founder and CEO, Bluecity. “Our experience working with Velodyne’s world-class lidar sensors has shown the power their solutions can bring in making communities safer and more efficient. Our team is thrilled to now be part of Velodyne.”

 

Velodyne Expands Full-Stack Solutions Portfolio

Velodyne will continue to expand its Intelligent Infrastructure Solution’s capabilities, including monitoring flows of people and vehicles to create a range of new full-stack infrastructure solutions for applications such as parking, retail, casinos and stadiums. According to Yole Intelligence, part of Yole Group, the smart infrastructure market for lidar will grow from $108M in 2021 to $1.1B in 20271. To serve these growing markets, Velodyne will integrate Bluecity’s robust AI and analytics software, delivered in a Software as a Service (SaaS) model, with Velodyne’s Vella lidar perception software. This integration will facilitate the creation of new Velodyne lidar-based software solutions for industrial, robotics and intelligent infrastructure, enabling the acceleration of customers’ time to market with autonomous vision systems for these markets.

 

Vella software translates lidar data into actionable information so that autonomous systems can observe and understand the environments they are operating in. Vella’s real-time data enables autonomous systems to make decisions and take action, such as a robot or vehicle moving safely, and provide analytics, for example a traffic solution helping communities understand root causes of near-miss collisions, red light running and other road user behavior.

 

1Source: LiDAR 2022 – Focus on Automotive and Industrial Report, Yole Intelligence, 2022

 

About Velodyne Lidar

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne, the global leader in lidar, is known for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including robotics, industrial, intelligent infrastructure, autonomous vehicles and advanced driver assistance systems (ADAS). Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all.

 

Forward Looking Statements

This press release contains “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne’s target markets, new products, development efforts, and competition. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “can,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include uncertainties regarding government regulation and adoption of lidar, the uncertain impact of the COVID-19 pandemic on Velodyne’s and its customers’ businesses; Velodyne’s ability to manage growth; Velodyne’s ability to execute its business plan; uncertainties related to the ability of Velodyne’s customers to commercialize their products and the ultimate market acceptance of these products; the rate and degree of market acceptance of Velodyne’s products; the success of other competing lidar and sensor-related products and services that exist or may become available; uncertainties related to Velodyne’s current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne’s intellectual property; and general economic and market conditions impacting demand for Velodyne’s products and services. For more information about risks and uncertainties associated with Velodyne’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Velodyne’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements in this press release are based on information available to Velodyne as of the date hereof, Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

Contacts

Investor Relations
Jim Fanucchi

Darrow Associates, Inc.

InvestorRelations@velodyne.com

Media
Jane Maynard

Velodyne Lidar

PR@velodyne.com

Categories
Business Technology

Zoetis to host webcast and conference call on third quarter 2022 financial results

PARSIPPANY, N.J. — (BUSINESS WIRE) — $ZTS #fortune500—Zoetis Inc. (NYSE:ZTS) will host a webcast and conference call at 8:30 a.m. (ET) on Thursday, Nov. 3, 2022. Chief Executive Officer Kristin Peck and Executive Vice President and Chief Financial Officer Wetteny Joseph will review third quarter 2022 financial results and respond to questions from financial analysts during the call.

Investors and the public may access the live webcast by visiting the Zoetis website at http://investor.zoetis.com/events-presentations. Information on accessing and pre-registering for the webcast is available beginning today. A replay of the webcast will be made available on Nov. 3, 2022.

 

About Zoetis

As the world’s leading animal health company, Zoetis is driven by a singular purpose: to nurture our world and humankind by advancing care for animals. After 70 years innovating ways to predict, prevent, detect, and treat animal illness, Zoetis continues to stand by those raising and caring for animals worldwide – from livestock farmers to veterinarians and pet owners. The company’s leading portfolio and pipeline of medicines, vaccines, diagnostics, and technologies make a difference in over 100 countries. A Fortune 500 company, Zoetis generated revenue of $7.8 billion in 2021 with approximately 12,100 employees. For more, visit www.zoetis.com.

ZTS-COR

ZTS-IR

Contacts

Media:

Bill Price

1-973-443-2742 (o)

william.price@zoetis.com

Kristen Seely

1-973-443-2777 (o)

kristen.seely@zoetis.com

Investors:

Steve Frank

1-973-822-7141 (o)

steve.frank@zoetis.com

Nick Soonthornchai

1-973-443-2792 (o)

nick.soonthornchai@zoetis.com

Categories
Business Technology

L&T Technology Services, ISG and CNBC TV18 launch first-ever Digital Engineering Awards

Awards recognize outstanding leaders and innovative approaches in the field

Nominations open through Oct. 15, 2022

 

EDISON, N.J. — (BUSINESS WIRE) — $LTTS #CNBC–L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company, today announced the launch of the first-ever Digital Engineering Awards, in association with Information Services Group (ISG), a leading global technology research and advisory firm, and business news channel CNBC TV18 in India.


The Digital Engineering Awards recognize outstanding leaders who challenge the status quo with innovative approaches that maximize performance and value across the entire lifecycle of an asset, and lead to a more sustainable future.

 

Enterprises and their service providers are invited to submit nominations through October 15, with winners announced during a gala awards celebration to be held in December in the U.S. Enterprise award winners, selected by a global panel of industry experts, will be named in nine categories – five team awards and four individual awards:

 

Engineering the Change Team Awards

Engineering at Heart Individual Awards
  • Digital Transformation of the Year
  • Distinguished Digital Engineer
  • Top Sustainability Initiative
  • Digital Engineer of the Year
  • Digital Engineering Program of the Year
  • Woman Engineer of the Year
  • Engineering Product of the Year
  • Innovator of the Year
  • Value Realization

 

Amit Chadha, Chief Executive Officer and Managing Director, L&T Technology Services Limited, said, “The need of the hour is dominated by demand for continuous evolution, driven by disruptive innovations. Given the rapid transformational disruptions across the industry, Digital Engineering has become more prominent than ever. Through the pioneering Digital Engineering Awards, our endeavor is to provide a platform that brings together global leaders, thus leading to new industry benchmarks and innovations.”

 

Michael P. Connors, Chairman and Chief Executive Officer, ISG, said, “Digital Engineering is now a top priority for companies looking to compete in an increasingly digitized, intelligent and networked global marketplace. Through an interconnected ecosystem of platforms, devices and data, this discipline enables companies to create new business models, deliver superior customer experiences and achieve operational efficiencies on a scale never before imagined. We are delighted to partner with LTTS and CNBC to recognize outstanding achievements in this space.”

 

Shivakumar S, Chief Operating Officer, Branded Content Business at Network 18, said, “The ER&D industry is a true sunrise sector, responsible for digital transformations on a global scale. Digital Engineering is leading to shorter product lifecycles, smarter products and solutions, paperless factories, and a host of other notable innovations. The Digital Engineering Awards will play an important role in celebrating and showcasing such new-age technology success stories. We believe we are the ideal media partner for the awards, given the strength of our brands CNBC-TV18 and Moneycontrol, which have been informing audiences in business, technology and retail for more than two decades now in India.”

 

About the Digital Engineering Awards

The Digital Engineering Awards bring together industry leaders to recognize outstanding achievements in the R&D domain, and to help global organizations give shape to their transformative ideas. The Awards have been launched by L&T Technology Services in association with ISG, with CNBC TV18 as a media partner. For more about the Awards, visit this website or contact us at info@digitalengineeringawards.com.

 

About L&T Technology Services Ltd

L&T Technology Services Limited is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 21,400 employees spread across 19 global design centers, 28 global sales offices and 89 innovation labs as of June 30, 2022. For more information, please visit https://www.ltts.com/

 

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

 

About Network18

Network18 Media & Investments Limited (Network18 Group) is one of India’s most diversified media and entertainment (M&E) conglomerates, with interests across television, digital content, filmed entertainment, e-commerce, print and allied businesses. TV18 Broadcast Limited, a subsidiary of Network18, manages its primary business of broadcasting. It runs the largest news network in India, spanning business news general News and regional news. Our marquee brands like CNBC-TV18, News18 India, and CNN News18 are part of this news bouquet. For the Indian diaspora and audiences across the globe, News18 International delivers definitive Indian news. For more information, visit: https://www.nw18.com/corporate.

Contacts

Will Thoretz, ISG

+1 203 517 3119

will.thoretz@isg-one.com

Aniruddha Basu

L&T Technology Services Limited

E: Aniruddha.Basu@LTTS.com
T: +91-80-67675707

Categories
Business Environment Lifestyle Technology

GrowGeneration announces planned opening of new hydroponic garden center in Richmond, Va.

New Richmond, Virginia Location Scheduled to Open September 26, 2022

Newly Signed Leases in Mount Holly, New Jersey and Hazelwood, Missouri will Expand Current Operations to 17 States in late 2022

 

DENVER — (BUSINESS WIRE) — GrowGeneration Corp. (NASDAQ: GRWG) “(GrowGen” or the “Company),” the largest chain of specialty hydroponic and organic garden centers with 60 locations across 15 states, today announced the opening of a new hydroponic garden center to serve the emerging Virginia hydroponics market. The new store in Richmond becomes the first in the state and is scheduled to open September 26, 2022.


Additionally, the Company has signed two new leases in Mount Holly, New Jersey and Hazelwood, Missouri. These stores are expected to open in the fourth quarter of 2022 and will expand Company operations into 17 states (including the new location in Virginia announced herein).

 

Darren Lampert, CEO of GrowGeneration stated, “Our new 9,000 square foot store in Richmond, Virginia is the first of many GrowGen Hydroponic garden centers that will capture the emerging markets across the Southeastern United States. Virginia legislation allows for unlimited medical cultivation licenses and home growing making it an ideal market for GrowGen’s one-stop shop that provides new and existing cultivators seed to harvest solutions, including turnkey facility design, cultivation room design, and on-site project consultation, as well as access to the Company’s successful private label products. Additionally, Virginia is emerging as a prime market to supply indoor controlled environmental agriculture and vertical gardening to food agriculture. This new store continues GrowGen’s tradition of having the largest product selection, best service, and most knowledgeable grow professionals in the industry to deliver solutions for all types of growers, and to become the leading hydroponics retailer in the states where it operates.”

 

Lampert continued, “Additionally, we are announcing two new store leases in Mount Holly, New Jersey and Hazelwood, Missouri that are the first of many the Company expects to announce to increase our reach in new and emerging markets. These new stores will feature vertical farming demonstrations and educational support for new growers to set up and maintain state-of-the-art grow operations that will help them maximize their investments in vertical farming. In addition to new store leases, we continue to build out our distribution capabilities on a regional basis to deliver our products to new and existing growers efficiently and profitably.”

 

About GrowGeneration Corp:

GrowGen owns and operates specialty retail hydroponic and organic gardening centers. Currently, GrowGen has 60 stores, which include 23 locations in California, 6 locations in Colorado, 6 locations in Michigan, 5 locations in Maine, 5 locations in Oklahoma, 3 locations in Washington, 4 locations in Oregon, 1 location in Arizona, 1 location in Rhode Island, 1 location in Florida, 1 location in Nevada, 1 location in Mississippi, 1 location in New Mexico, 1 location in Massachusetts, and 1 location in Virginia. GrowGen also operates an online superstore for cultivators at growgeneration.com. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers.

Contacts

Investor:

ICR, Inc.

GrowGenIR@icrinc.com