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Business Technology

Hayward strengthens its position in pool technology with recent acquisitions

Water Works Technologies Group, LLC – Water Feature and LED Lighting Business

SmartPower™ – Proprietary, Communication and LED Lighting Control Technology

SmartValve – IP Rich Valve/Fluid Control Technology for SmartPad™ Installation

 

BERKELEY HEIGHTS, N.J. — (BUSINESS WIRE) — Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), global designer, manufacturer and marketer of a broad portfolio of pool equipment and technology, today announced the acquisition of Water Works Technologies Group, LLC (“Water Works”), a manufacturer of water features including water bowls and sheer waterfalls with LED lighting options.

This acquisition follows the recent acquisitions of two internet of things (IoT) technology businesses, SmartPower and SmartValve. Together, these acquisitions further extend Hayward’s leading position in smart, IoT-enabled technologies designed to bring greater control and ambiance to the pool while simplifying ease of use and cost of ownership.

 

Water Works manufactures a variety of water bowls in both resin and glass in an assortment of colors and finishes as well as Sheer Waterfalls. These high-end water features all have color illumination through LED lighting options which allow Smart app coordination with other pool, spa or landscape lighting colors and shows.

 

SmartPower is a breakthrough LED Lighting controller leveraging a proprietary communication protocol which makes installing and control of multiple lighting zones in the pool, spa, water features or landscape simple to configure and use. Custom lighting effects and shows are easy to program, coordinating multiple water features with the pool, spa, and even landscape lights to effortlessly transform the entire backyard. The technology also presents a compelling financial benefit. This unique product architecture delivers all the control with less than 50% of the cost of using currently available technology. SmartPower is the solution for standalone cloud-based control for any new or existing pool or as part of the OmniLogic® ecosystem, Hayward’s leading pool and spa automation platform.

 

SmartValve is an active fluid management system for intelligent control of multiple, advanced water features in addition to delivering increased hydraulic energy efficiency for pool/spa design. SmartValve will operate autonomously as the central water distribution system with cloud-based control of other pool equipment via local control or app. As with SmartPower, the SmartValve technology will seamlessly integrate with the OmniLogic ecosystem. SmartValve will dramatically simplify equipment pad installation with a simple manifold design significantly lowering the amount of labor and equipment cost for the installer and the pool owner.

 

These three businesses complement each other and further extend Hayward’s leading Smart technology solutions to increase the ambiance of the pool, spa and backyard. They are perfect examples of harnessing new technology to deliver sustainable, energy-efficient solutions to our space,” said Kevin Holleran, CEO of Hayward. “SmartPower and SmartValve are both easy to use and less costly to install, a real win-win for both the homeowner and trade professional. With OmniLogic and the coupling of our new line of innovative water features from Water Works, Hayward is leading the way with products transforming the pool and backyard environment. We are really excited to introduce these game-changing new product platforms to our consumers and trade partners.”

 

About Hayward Holdings, Inc.

Hayward Holdings, Inc. (NYSE:HAYW) is a leading global designer and manufacturer of pool equipment and technology all key to the SmartPad™ conversion strategy designed to provide a superior outdoor living experience. Hayward offers a full line of innovative, energy-efficient and sustainable residential and commercial pool equipment, including a complete line of advanced pumps, filters, heaters, automatic pool cleaners, LED lighting, internet of things (IoT) enabled controls, alternate sanitizers and water features.

 

This release contains forward-looking statements and information relating to the Company that are based on the beliefs of management as well as assumptions made by, and information currently available to management. When used in this release, words such as “may,” “will,” “should,” “could,” “intend,” “potential,” “continue,” “anticipate,” “believe,” “estimate,” “expect,” “plan,” “target,” “predict,” “project,” “seek” and similar expressions as they relate to us are intended to identify forward-looking statements. These statements reflect management’s current views with respect to future events, are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Further, certain forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements. Hayward has based these forward-looking statements largely on management’s current expectations and projections about future events and financial trends that management believes may affect Hayward’s business, financial condition and results of operations. Important factors that could affect Hayward’s future results and could cause those results or other outcomes to differ materially from those indicated in the forward-looking statements include the following: our ability to execute on our growth strategies and expansion opportunities; our ability to maintain favorable relationships with suppliers and manage disruptions to our global supply chain and the availability of raw materials; our relationships with and the performance of distributors, builders, buying groups, retailers and servicers who sell our products to pool owners; competition from national and global companies, as well as lower cost manufacturers; impacts on our business from the sensitivity of our business to seasonality and unfavorable economic and business conditions; our ability to identify emerging technological and other trends in our target end markets; our ability to develop, manufacture and effectively and profitably market and sell our new planned and future products; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; our ability to attract and retain senior management and other qualified personnel; regulatory changes and developments affecting our current and future products; volatility in currency exchange rates; our ability to service our existing indebtedness and obtain additional capital to finance operations and our growth opportunities; impacts on our business from political, regulatory, economic, trade, and other risks associated with operating foreign businesses; our ability to establish and maintain intellectual property protection for our products, as well as our ability to operate our business without infringing, misappropriating or otherwise violating the intellectual property rights of others; the impact of material cost and other inflation; the impact of changes in laws, regulations and administrative policy, including those that limit US tax benefits or impact trade agreements and tariffs; the outcome of litigation and governmental proceedings; impacts on our business from the COVID-19 pandemic; and other risks and uncertainties set forth under “Risk Factors” in the prospectus for Hayward’s initial public offering and in Hayward’s subsequent SEC filings.

 

The forward-looking statements in this presentation represent management’s views as of the date of this release. Unless required by United States federal securities laws, Hayward neither intends nor assumes any obligation to update these forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in our expectations.

Contacts

Media Relations:
Tanya McNabb

tmcnabb@hayward.com

Investor Relations:
Hayward Investor Relations

908-288-9706

investor.relations@hayward.com

Categories
Business Technology

Brother to feature retail printing and labeling technology for today’s omnichannel retail climate at NRF 2022

NEW YORK — (BUSINESS WIRE) — #BarcodeLabel–Brother Mobile Solutions and Brother International Corporation will showcase omnichannel printing and labeling solutions designed to provide technology tools that serve retail customers when, where, and how they need it. Join Brother at NRF booth #6246, January 16–18, at the Javits Center in New York City.


The right technology at the right time

From apparel to grocery, health and beauty to department stores and beyond, NRF’s theme, “Accelerate,” emphasizes the need to build upon solutions implemented during the pandemic that customers have grown to expect.

 

“Retailers must move quickly to meet the customers where they are and provide a seamless experience – whether that buyer’s journey is online, in-store or a hybrid between the two. With today’s supply chain challenges, it’s important to collaborate with partners who can support your operations, and subsequently your customers, efficiently,” said Dave Crist, president of Brother Mobile Solutions.

 

Brother’s 2021 NRF lineup highlights:

  • The right technology at the right time: Brother offers a comprehensive array of mobile, desktop, office, and industrial labeling and printing solutions ideal for the entire retail operation – from a brick-and-mortar store to the corporate retail office and back office to warehouse.
  • NEW! The release of the RuggedJet RJ-3200 Series: Brother Mobile Solutions will unveil the new series built on the performance and durability of the RuggedJet series, adding new connectivity and usability features for even faster, more reliable on-the-go label printing with less downtime.
  • Omnichannel execution for the evolving retail landscape: Brother labeling solutions offer a consistent customer experience across all consumer touchpoints, including buying online, curbside pickup, and picking up or returning in-store.
  • Queue busting technology in a competitive market: The labor shortage has caused many retail headaches for customers. Brother will be showcasing mobile printing solutions that can help make retail floor employees as efficient as possible.
  • Full picture solutions: Brother specialists will demonstrate printing, scanning, and labeling solutions that enable on-demand printing, fast in-store ticketing, markdowns to BOPIS, return and shelf edge labeling, and warehouse barcode and inventory label printing.
  • Custom Integrations and workflows: Brother provides custom solutions to fit every business need, with custom partnerships on display, and spotlighting how franchisee organizations can streamline digital processes with custom UI and much more.

 

Brother is helping retailers close the gap between the online and in-store experience. Industry experts will be on hand to demonstrate the newest technology in barcode labeling and flexible point-of-sales and receipt printing. They’ll also show how custom workflow solutions can enable seamless and secure document printing and scanning.

 

“The retail environment has shifted in the past two years, and Brother remains an integral part to helping our retail partners thrive as the customer demands continue to evolve,” says Adam Brandt, Senior Director of Sales, Commercial Machines Division, Brother International. “We not only provide the hardware for retail partners to ensure customers have a positive experience in-store, curbside and beyond, but we also provide custom solutions to ensure our partners can thrive with solutions that truly solve a problem for their business versus a one-size-fits-some approach.”

 

Request a show site demo or learn more about what’s happening at booth #6246.

For more information about Brother’s complete retail solutions, visit Brother International Corporation and Brother Mobile Solutions.

 

About Brother International Corporation

Brother International Corporation has earned its reputation as a premier provider of home office and business products, home appliances for the sewing and crafting enthusiast as well as industrial solutions that revolutionize the way we live and work. Brother International Corporation is a wholly owned subsidiary of Brother Industries Ltd. With worldwide sales exceeding $6 billion, this global manufacturer was started more than 100 years ago. Bridgewater, New Jersey is the corporate headquarters for Brother in the Americas. It has fully integrated sales, marketing services, manufacturing, research and development capabilities located in the U.S. In addition to its headquarters, Brother has facilities in California, Illinois and Tennessee, as well as subsidiaries in Canada, Brazil, Chile, Argentina, Peru and Mexico. For more information, visit www.brother.com.

 

About Brother Mobile Solutions

Brother Mobile Solutions, Inc., a wholly-owned subsidiary of Brother International Corporation, provides innovative mobile and desktop printing and industrial labeling solutions to field workforces and mobile enterprises. Brother International Corporation and its subsidiaries employ over 1,100 people in the Americas. For more information about Brother Mobile Solutions and its products, call (800) 543-6144, or visit www.brothermobilesolutions.com.

Contacts

Brother Mobile Solutions

Mary Howard

mary.howard@brother.com
303.464.6707

Categories
Business Technology

NICE Actimize ActOne awarded inaugural ‘Best Case Management Solution’ honors by the Canadian RegTech Association

The award highlights NICE Actimize ActOne Case Management solution’s innovation and customer service in a very competitive field

 

HOBOKEN, N.J. — (BUSINESS WIRE) — #NICENICE Actimize, a NICE (Nasdaq: NICE) business, was named the category winner for “Best Case Management Solution” in the inaugural Canadian RegTech Association (CRTA) awards competition announced recently by the CRTA’s Board of Directors in partnership with Ernst & Young (EY) Canada. The CRTA, a non-profit association dedicated to collaboration to solve regulatory challenges, announced the award as part of its recent event, “The Innovation Game: Adopting RegTech in a Digital Age.”

NICE Actimize’s ActOne alert and case management system is purpose-built for financial crime and compliance alert and case investigations. The system is an open, scalable development platform with integration tools and low-code automation to build enterprise workflow apps that are agnostic to source analytics and other systems. ActOne has the flexibility to support other use cases and the extensibility to build on top of and integrate with other types of solutions.

 

“The number of high-quality nominations that were received for this year’s inaugural competition speaks volumes to the vibrancy of the RegTech ecosystem that exists in Canada. Our esteemed panel of industry judges were pleased to select NICE Actimize as the winner in this year’s ‘Best Case Management Solution’ award category,” said Donna Bales, President, Canadian RegTech Association. “The award highlights NICE Actimize ActOne Case Management solution’s innovation and customer service in a very competitive field.”

 

“NICE Actimize’s award-winning case management system provides financial institutions with centralized control over financial crime applications and enterprise-wide intelligence,” said Craig Costigan, CEO, NICE Actimize. “We thank both our Canadian customers and the Canadian RegTech Association for honoring our innovation and customer service in a highly competitive category.”

 

NICE Actimize’s global customer base ranges from top tier enterprise financial institutions to regtech firms and neo banks.

 

The Canadian Regulatory Technology Association

The CRTA is a not-for-profit organization focused on solving regulatory challenges through collaborative efforts among key RegTech stakeholders: regulated entities, technology vendors, regulatory bodies, government, and professional service providers. The goal is to facilitate dialogue, raise standards, and promote growth and innovation within the Canadian RegTech ecosystem. The organization endeavors to solve regulatory challenges through collaborative discussion and engagement in proof-of-concept initiatives. For more information, please see the CRTA website: www.canadianregtech.ca.

 

About NICE Actimize

NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators. Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers’ and investors’ assets by identifying financial crime, preventing fraud and providing regulatory compliance. The company provides real-time, cross-channel fraud prevention, anti-money laundering detection, and trading surveillance solutions that address such concerns as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence and insider trading. Find us at www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.

 

About NICE

With NICE (Nasdaq: NICE), it’s never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting key business metrics. Featuring the world’s #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered self-service and agent-assisted CX software for the contact center – and beyond. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform – and elevate – every customer interaction. www.nice.com

 

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE’s marks, please see: www.nice.com/nice-trademarks.

 

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Costigan, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the “Company”). In some cases, such forward-looking statements can be identified by terms such as “believe,” “expect,” “seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,” “plan,” “estimate,” or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions, including as a result of the COVID-19 pandemic; competition; successful execution of the Company’s growth strategy; success and growth of the Company’s cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company’s products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners;, cyber security attacks or other security breaches against the Company; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company’s reports filed from time to time with the SEC, including the Company’s Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

Contacts

Corporate Media Contact:

Cindy Morgan-Olson, +1 646 408 5896, ET, cindy.morgan-olson@niceactimize.com

Investors:

Marty Cohen, +1 551 256 5354, ET, ir@nice.com
Omri Arens, +972 3 763 0127, CET, ir@nice.com

Categories
Business Technology

PARTS iD, Inc. announces participation in 2022 ICR Conference

CRANBURY, N.J. — (BUSINESS WIRE) — PARTS iD, Inc. (NYSE American: ID) (“PARTS iD” or “Company), the owner and operator of, among other verticals, “CARiD.com,” a leading digital commerce platform for the automotive aftermarket, announced today that Chief Executive Officer, Nino Ciappina, and Chief Financial Officer, Kailas Agrawal are participating in the 2022 ICR Conference.

 

Management is scheduled to present on Monday, January 10, 2022 at 10:30 a.m. Eastern Time. A live webcast of the presentation will be available at https://www.partsidinc.com/.

 

About PARTS iD, Inc.

PARTS iD is a technology-driven, digital commerce company focused on creating custom infrastructure and unique user experiences within niche markets. Founded in 2008 with a vision of creating a one-stop eCommerce destination for the automotive parts and accessories market, management believes that the Company is a market leader and proven brand-builder, fueled by its commitment to delivering a revolutionary shopping experience; comprehensive, accurate and varied product offerings; and continued digital commerce innovation.

Contacts

Investors:
Brendon Frey

ICR

ir@partsidinc.com

Media:
Erin Hadden

FischTank PR

partsid@fischtankpr.com

Categories
Business Technology

CompoSecure and Roman DBDR Tech Acquisition Corp. announce closing of business combination

First Day of Trading on Nasdaq Global Market Under Ticker “CMPO” beginning December 28, 2021

 

SOMERSET, N.J. — (BUSINESS WIRE) — #banking–CompoSecure Holdings, Inc. (“CompoSecure”), a leading provider of premium financial payment cards and an emergent provider of cryptocurrency storage and security solutions, today reported the closing of its previously announced business combination with Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR) (“Roman DBDR”), a publicly traded special acquisition company. Roman DBDR shareholders approved the transaction at Roman DBDR’s stockholder meeting held on December 23, 2021, and the transaction was completed on December 27, 2021. The combined company is now called CompoSecure, Inc. and will begin trading on the Nasdaq Global Market at market open beginning December 28, 2021, under the ticker symbol “CMPO” for its Class A common stock and “CMPOW” for its publicly traded warrants.

 

“We are pleased to complete our business combination with Roman DBDR and begin our next chapter as a public company,” said Jon Wilk, CEO of CompoSecure. “As I stated at the beginning of this process, we have a bold vision for CompoSecure, as we deliver superior solutions to the payments, cryptocurrency, and broader digital asset marketplace. We look forward to executing our strategic objectives and believe CompoSecure is poised to accelerate its growth and capitalize on the significant opportunities to generate substantial value for all stakeholders.”

 

Dr. Donald Basile, Co-CEO and Chairman of Roman DBDR, stated, “We were attracted to CompoSecure for its proven business model, strong leadership, and exceptional products, which has completely changed the premium financial payment card industry. And now it is set to completely change the cryptocurrency storage and security solutions with its new Arculus KeyTM card, the next generation of cryptocurrency cold storage. I look forward to continuing my collaboration with Jon and the management team, helping CompoSecure strengthen and grow its position in the emergent cryptocurrency storage and security industry.”

 

About CompoSecure and Arculus

Founded in 2000, CompoSecure is a pioneer and category leader in premium payment cards and an emergent provider of cryptocurrency and digital asset storage and security solutions. The company focuses on serving the affluent customers of payment card issuers worldwide using proprietary production methods that meet the highest standards of quality and security. The company offers secure, innovative, and durable proprietary products that implement leading-edge engineering capabilities and security. CompoSecure’s mission is to increase clients’ brand equity in the marketplace by offering products and solutions which differentiate the brands they represent, thus elevating cardholder experience. For more information, please visit www.composecure.com. ArculusTM was created with the mission to promote cryptocurrency adoption by making it safe, simple and secure for the average person to buy, swap and store cryptocurrency. With a strong background in security hardware and financial payments, the ArculusTM solution was developed to allow people to use a familiar payment card form factor to manage their cryptocurrency. For more information, please visit www.getarculus.com.

 

About Roman DBDR Tech Acquisition Corp.

Roman DBDR is a special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. While the company may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, it intends to focus its search on companies in the technology, media and telecom (“TMT”) industries. The company is led by its Co-Chief Executive Officers, Dr. Donald G. Basile and Dixon Doll, Jr. The Company’s experienced board of directors includes former NVCA Chairman and longtime venture capitalist Dixon Doll, Global Net Lease (NYSE: GNL) CEO James L. Nelson, former fund manager Paul Misir, investment banker and investor Arun Abraham, and entrepreneur Alan Clingman. For more information, please visit www.romandbdr.com Roman DBDR raised $236 million in its initial public offering (inclusive of underwriter’s exercise of over-allotment option) in November 2020 and is listed on Nasdaq under the symbol “DBDR”.

 

Forward-Looking Statements

Certain statements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to statements regarding Roman DBDR’s or CompoSecure’s expectations, hopes, beliefs, intentions or strategies regarding the future, including, without limitation, statements regarding: (i) the size, demand and growth potential of the markets for CompoSecure’s products and CompoSecure’s ability to serve those markets, (ii) the degree of market acceptance and adoption of CompoSecure’s products, (iii) CompoSecure’s ability to develop innovative products and compete with other companies engaged in the financial services and technology industry and (iv) CompoSecure’s ability to attract and retain clients. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this Press Release, and on the current expectations of CompoSecure’s and Roman DBDR’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, a prediction or a definitive statement of fact or probability. Neither Roman DBDR nor CompoSecure gives any assurance that either CompoSecure will achieve its expectations. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of CompoSecure. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond CompoSecure’s control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the definitive proxy statement on Schedule 14A (the “Proxy Statement”) relating to the merger filed by Roman DBDR with the U.S. Securities and Exchange Commission (the “SEC”) and other documents filed with the SEC by Roman DBDR and CompoSecure from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that none of Roman DBDR or CompoSecure presently know or that Roman DBDR or CompoSecure currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Roman DBDR’s and CompoSecure’s expectations, plans or forecasts of future events and views as of the date of this Press Release. Roman DBDR and CompoSecure anticipate that subsequent events and developments will cause Roman DBDR’s and CompoSecure’s assessments to change. However, while Roman DBDR and CompoSecure may elect to update these forward-looking statements at some point in the future, Roman DBDR and CompoSecure specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Roman DBDR’s and CompoSecure’s assessments as of any date subsequent to the date of this Press Release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Certain market data information in this Press Release is based on the estimates of CompoSecure and Roman DBDR management.

Contacts

CompoSecure Media:

Wes Robinson

626-201-2928

wrobinson@olmsteadwilliams.com

Brian Ruby

ICR for CompoSecure

(203) 682-8268

CompoSecure-PR@icrinc.com

CompoSecure Investor:

Marc Griffin

ICR for CompoSecure

(646) 277-1290

CompoSecure-IR@icrinc.com

Categories
Business International & World Technology

Nigeria’s largest Telco, MTN, launches RCS Business Messaging with Google and Dotgo

MTN to leverage Google and Dotgo platforms, and Dotgo’s managed services to serve over 82 million subscribers

 

LAGOS, Nigeria & BERKELEY HEIGHTS, N.J. — (BUSINESS WIRE) — Nigeria’s largest mobile network operator (MNO), MTN, is all set to launch RCS Business Messaging (RBM) Services in partnership with Google and Dotgo®, a Gupshup company and a leading cloud communications provider of RBM Solutions.


RBM uses the rich and interactive features of Rich Communication Services (RCS)—the next generation SMS that allows sharing of audio, video, images, location, and a lot more—to enable branded business messaging. RCS messages are securely delivered to native messaging apps such as Google Messages and Samsung Messages on Android phones. Available on 3G and 4G networks, RCS is the default messaging standard for 5G networks. As of today, RCS is available globally with over 700M monthly active users.

 

Dotgo’s MaaP (Messaging-as-a-Platform) is integrated with the Google Jibe RCS platform for business messaging, the world’s most advanced RCS platform that provides a high degree of scalability. As a partner, MTN would leverage the services provided by Dotgo such as the RCS APIs, chatbot directory, billing, payments, reconciliation, and more, to drive monetization from RCS.

 

“As Nigeria’s largest carrier, MTN is all set to onboard brands that can reach out to a vast majority of Nigerian customers and delight them with a user experience like never before, to boost lead generation and conversion rates. This is a great opportunity for brands to connect with the end consumers of Nigeria for sales and support,” says Lynda Saint-Nwafor, Chief Enterprise Business Officer at MTN Nigeria.

 

Srinivas Rao, Chief Digital Officer of MTN Nigeria added, “We are proud of our technical collaboration with Google and Dotgo. The superior technology design, robust service operations, optimum business processes, and 24×7 support are key to delivering the Next Generation Business Messaging experiences to our Brands & Business Partners at the most affordable rates. With this generational shift we aim to further aid & accelerate Digital Transformation amongst the institutions, commerce & industry in Nigeria.”

 

“We are delighted to work with MTN to help bring RBM to their customers. With the highest number of subscribers in the region, RBM services on MTN will be a game changer. Dotgo has excelled once again as one of our top partners for monetising RBM with mobile operators,” says Juliet Ehimuan, Country Director, Google Nigeria.

 

“The launch of RBM by MTN, the largest operator in Nigeria, will accelerate adoption of RBM by brands in Nigeria. With the launch done, we will be working with MTN and Google to help CPaaS providers and brands in Nigeria to upgrade and incorporate RBM into their business applications,” says Dr. Inderpal Singh Mumick, CEO, Dotgo.

 

About MTN Nigeria

MTN Nigeria is Africa’s largest provider of communications services, connecting over 68 million people in communities across the country with each other and the world. Guided by a vision to lead the delivery of a bold new digital world, MTN Nigeria’s leadership position in coverage, capacity and innovation has remained constant, since its launch in 2001. MTN Nigeria is part of the MTN Group – a leading emerging market operator, connecting more than 200 million subscribers in 21 countries in Africa and the Middle East. To learn more about MTN Nigeria and its various initiatives, visit www.mtnonline.com. Follow us: www.linkedin.com/company/mtn-Nigeria.

 

About Dotgo

Dotgo®, a Gupshup company, is a global leader in RCS. Dotgo is the provider of the Bot Store®, world’s first and largest directory of RCS bots, Dotgo MaaP, RichOTP®, RichSMS™, and the RBM Hub. Dotgo is a Google partner and a member of the Mobile Ecosystem Forum. Visit www.dotgo.com. Gupshup enables better customer engagement through conversational messaging, powering over 6 billion messages per month. With Gupshup, businesses have made conversations an integral part of their customer engagement success. Visit www.gupshup.io

Contacts

Funso Aina from MTN on:

+234 (0) 803 200 4168

mediaenquiries.NG@mtn.com

Olisa Pal from Dotgo on:

+1 908-464-5566 x2348

press@dotgo.com

Categories
Business Technology

Infobip saw record breaking eCommerce activity during Cyber Week processing 4.23 billion messages for some of the world’s most popular brands

JERSEY CITY, N.J. — (BUSINESS WIRE) — Global cloud communications company, Infobip this year processed an unprecedented total of 2.26bn interactions across all channels including SMS, voice, email, push and Chat Apps for Black Friday, and 1.97 bn on Cyber Monday for customers across the globe.


It accounts for a 71% increase in network activity compared to 2020 with SMS the most used channel, clocking up a 51% increase in use from last year. In total 1.7bn SMS texts were sent over this period.

 

Cyber Monday client interactions almost doubled this year with a 93% increase compared to 2020.

 

MMS and Chat Apps also saw huge uptake with gains over last year of 87% and 86% respectively. Overall, Black Friday interactions doubled in 2021 to 2.26bn up from 1.3bn in 2020. India and North America dominated by volume of interactions while revenues were highest in North America and Europe.

 

Izabel Jelenic, Chief Technology Officer at Infobip says: “Shopping this year appears to have been spread over Cyber Week, encouraged in part by retailers that have been publicizing Black Friday style deals since October. Nevertheless, overall, the popularity of this shopping week has grown exponentially since last year, very possibly due to customers having become very used to transacting online since the pandemic started. Another factor contributing to shoppers having gotten a head start on their gift buying this year were the ongoing concerns around bottlenecks in the global supply chain and fears of finding merchandise out of stock.”

 

A survey carried out by Attentive Mobile iwith over 4000 of its own client base shows over 1 billion text messages were sent during Cyber Week by the world’s most loved brands generating sales of over $830 million from SMS alone. These included campaign and automated messages such as abandonment reminders that drove an average of 34.6% conversion rate. Similarly, campaign messages such as flash sales and discounts saw a 9% conversion rate showing subscribers were actively engaging with favorite brands through text.

 

For some organizations, a large proportion of total business for the year comes in the last quarter. These figures indicate that retailers will end 2021 on a high.

 

About Infobip:

Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip’s omnichannel engagement, identity, user authentication and contact center solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. With over a decade of industry experience, Infobip has expanded to 65+ offices across six continents. It offers natively built technology with the capacity to reach over seven billion mobile devices and ‘things’ in 190+ countries connected directly to over 650 telecom networks.

 

Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić.

 

Recent award wins include:

  • Infobip named a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2021 Vendor Assessment (May 2021).
  • Best A2P SMS provider for the fourth year running by mobile operators and enterprises in ROCCO’s annual Messaging Vendor Benchmarking Report
  • Best CPaaS Provider of the Year, Best RCS Provider of the Year, and Mover & Shaker in Telco Innovation at the 2021 Juniper Research Future Digital Awards

 


i Cyber Week 2021 Recap: Brands Generated $830 Million From SMS, Doubling Revenue From 2020 – Text Talk | Attentive (attentivemobile.com)

Contacts

Media:

Janet Lennon

Brand & Communications Expert, Infobip

Direct: 206.914.6175

janet.lennon@infobip.com

Categories
Business Technology

Clair announces Lance Katigbak as its Chief Revenue Officer

Former Head of Growth led company to partnerships with HR technology companies with over 5 million end users


NEW YORK — (BUSINESS WIRE) — #earnedwageaccessClair, a New York-based financial technology company, announced today the promotion of its Head of Growth, Lance Katigbak, to Chief Revenue Officer. The promotion follows recent announcements of new partnership deals with a number of leading HR tech companies, including When I Work and Workwell.

 

“I am very excited to welcome Lance to the company’s executive team,” shared Nico Simko, CEO and Co-Founder of Clair. “He’s a well-respected leader throughout Clair who has been integral not only to driving the successes and growth of the company, but also in positively shaping our culture.”

 

Katigbak joined the company as its Chief of Staff and first full-time employee, before eventually transitioning into the Head of Growth role. He has since built and currently leads the company’s go-to-market and distribution strategy, overseeing Clair’s Strategic Alliances, Marketing, Partner Success, and Commercial functions. Under his leadership, the company has signed partnerships with HR technology platforms that have over 5 million end users in a little over two years.

 

“I’m looking forward to continuing on this journey and playing a bigger role within the Clair leadership,” shared Katigbak. “We’ve built so much momentum in the last two years because we’ve always done what’s best for the American workforce, which also happens to be what’s good for the HR technology platforms that serve them.”

 

Prior to joining Clair, Katigbak worked in Boston Consulting Group’s New Jersey and Manila offices. A native of the Philippines, he co-founded several social impact organizations including solar-light distributor One Million Lights Philippines and youth governance forum Philippine Model Congress. He holds an undergraduate degree in Visual and Environmental Studies, magna cum laude, from Harvard University.

 

Since its founding in 2019, Clair has become the leading player in the on-demand pay space offered with a full digital banking experience. The company differentiates itself from competitors as a social impact fintech that is committed to never charging America’s workforce any fees for wage advances. In addition, Clair On-Demand Pay is a service that Clair provides exclusively to HR tech companies, thus reaching millions of workers across the country.

 

About Clair

Clair is a New York-based financial technology company that is breaking the paycheck-to-paycheck cycle by offering the fastest free paydays to America’s workers. Clair On-Demand Pay embeds seamlessly into human capital management and workforce management platforms and upgrades the overall employee experience. For more information, visit getclair.com.

Contacts

Clair Media:

Kira Walter, Director of Marketing, Clair

Email: press@getclair.com

Categories
Healthcare Technology

CitiusTech joins HL7’s Vulcan FHIR Accelerator program to boost interoperability in life sciences

An initiative to collaborate on the use of data exchange standards such as the HL7 FHIR® standard, for effective data acquisition, exchange and use in translational and clinical research.

PRINCETON, N.J. — (BUSINESS WIRE) — CitiusTech, a leading provider of healthcare technology solutions, services and platforms, announced today that it is now part of the Health Level Seven International (HL7) Vulcan Accelerator program. Vulcan is the latest HL7 FHIR Accelerator Program to support industry-wide initiatives across clinical care and clinical research. As a Vulcan member, CitiusTech will leverage its HL7 and FHIR capabilities, combined with its interoperability and data management competencies, with the aim of creating an interchangeable and interoperable data ecosystem, for evidence-based insights, patient engagement and decentralized clinical trials.

 

Bhaskar Sambasivan, CEO of CitiusTech, highlights the value of this collaboration, “We’re excited to join the Vulcan program to enable synergies where FHIR will streamline the sharing of and access to clinical data and support greater and faster therapeutic discoveries. CitiusTech’s involvement in the Vulcan FHIR Accelerator Program will change the way we use data interoperability to improve and enhance healthcare.”

 

Vulcan released the following statement regarding CitiusTech joining the initiative: “Vulcan welcomes CitiusTech as a member of the Accelerator dedicated to the international collaboration of the research community to advance interoperability of data for translational and clinical research. The expertise and enthusiasm that the CitiusTech team will bring to Vulcan is greatly anticipated. We look forward to a successful partnership with CitiusTech.”

 

CitiusTech will support the Vulcan program by developing and recommending new use case proposals, supporting oversight and delivery of projects, and collaborating with industry leaders to offer strategic guidance to the overall program.

 

More information on the Vulcan FHIR ACCELERATOR Program and the project’s goals can be found here: www.hl7.org/vulcan

 

About CitiusTech

CitiusTech (www.citiustech.com) is a leading provider of healthcare technology services, AI/ML & analytics capabilities, platforms and end-to-end packaged solutions to over 120 organizations across the payer, provider, medical technology and life sciences markets. With over 5,400 healthcare technology professionals worldwide, CitiusTech powers healthcare digital transformation through next-generation technologies, solutions and accelerators. Key focus areas include healthcare interoperability data management, quality performance analytics, value-based care, omni channel member experience, connected health, virtual care delivery, real-world data solutions, clinical development, personalized medicine and population health management. CitiusTech has two subsidiaries, FluidEdge Consulting (www.fluidedgeconsulting.com) and SDLC Partners (www.sdlcpartners.com) with deep expertise in healthcare consulting and payer technologies, respectively. CitiusTech’s cutting-edge technology expertise, deep healthcare domain expertise and a strong focus on digital transformation enables healthcare organizations to reinvent themselves to deliver better outcomes, accelerate growth, drive efficiencies, and ultimately make a meaningful impact to patients.

Contacts

For CitiusTech – Priyal Shah

Lead, Corporate Communications

priyal.shah@citiustech.com

Categories
Business Technology

NetQuest’s Streaming Network Sensors deliver deep visibility for high-octane threat hunting

Sensors offer enriched flow data for tracking cyber threats and generating intelligence required to secure large backbone networks


MOUNT LAUREL, N.J. — (BUSINESS WIRE) — #bigdataNetQuest Corporation, a global leader of advanced cyber intelligence solutions, today announced its new Streaming Network Sensors product line, a portfolio of high-speed network flow sensors capable of enriched layer 7 visibility for cyber threat hunting on critical traffic links. The Streaming Network Sensors feature NetQuest’s market-leading unsampled flow metering performance capable of scaling flow metadata generation from a single 10G link to multiple 100G network links in a compact 1RU footprint. Flow data at this scale makes the sensors ideal for securing large-scale regional networks, data center backbones, ISP peering and international optical links.

 

“NetQuest has delivered traffic visibility at an extreme scale to support mission-critical cyber security challenges,” said Jesse Price, CEO and President of NetQuest Corporation. “Our Streaming Network Sensors enable threat intelligence across the world’s largest networks, empowering security teams within carriers, government agencies and large enterprises.”

 

With an expanded attack surface and rapidly growing traffic rates, SecOps teams require advanced visibility solutions that can scale to eliminate network blind spots and maximize threat detection capabilities. NetQuest’s Streaming Network Sensors monitor traffic in real-time inspecting all packets and extracting enriched, unsampled standards-based flow records to detect anomalies and ensure security. The portfolio includes the SNS250 for generating standard flow data from 10G and 100G traffic links while the SNS1000 extends visibility and optimizes threat detection with additional actionable intelligence:

 

  • Flow Generation exports standards-based 1:1 unsampled IPFIX flow data, scaling from a single 10G link to multiple 100G links.
  • Application Classifier leverages Enea’s Qosmos ixEngine to include application identification and additional Layer 7 application attributes within the flow records. Qosmos ixEngine is an advanced DPI-based classification engine that recognizes over 3,600 protocols and applications including classification of encrypted and evasive traffic.
  • Network Security and encrypted traffic analysis identifies powerful Indicators of Compromise (IoC) based on network protocol and traffic heuristic signatures.
  • Mobility adds subscriber-level visibility into mobile-centric tunneling protocols and assures the proper traffic is distributed to the appropriate tools.

 

“For modern security operations in global telecommunications providers and large enterprises, access to real-time data is increasingly valuable,” said Patrick Donegan, Founder and Principal Analyst of HardenStance. “Building on its portfolio of optical network monitoring solutions, NetQuest’s new Streaming Network Sensor product delivers a rich dataset for securing the world’s highest bandwidth networks.”

 

Find out more information about NetQuest’s Streaming Network Sensors at: https://netquestcorp.com/products/streaming-network-sensors

 

About NetQuest

NetQuest designs, manufactures and markets advanced cyber intelligence solutions to network service providers, large enterprises and government agencies for national defense and network security applications. Founded in 1987 and based in Mount Laurel, New Jersey, NetQuest is an employee-owned business. With a 30-year track record of providing cutting edge cyber solutions, NetQuest has developed a global customer base, marketing directly and through a network of strategic partners, value-added resellers and representatives. For more information, visit https://www.netquestcorp.com/.

Contacts

Zach Ziobro, zziobro@netquestcorp.com, (856) 866-0505