Categories
Business Technology

Charleston County sheriff’s office selects NICE Investigate to digitally transform law enforcement operations and improve efficiency

One of the largest law enforcement agencies in South Carolina will deploy NICE Investigate across the agency to improve investigative efficiency and justice outcomes

 

HOBOKEN, N.J. — (BUSINESS WIRE) — #NICENICE (Nasdaq: NICE) today announced that the Charleston County Sheriff’s Office, one of the largest law enforcement agencies in the state of South Carolina, has selected the NICE Investigate Digital Evidence Management solution to improve agency efficiency and justice outcomes by digitally transforming how its investigators collect, analyze and share evidence. NICE Investigate will be deployed across eight investigative units and 200 deputies covering all types of investigations, including criminal investigations, violent crimes, major metro cases, special victims crimes and internet crimes against children. Patrol officers will also have access to NICE Investigate for investigating misdemeanor crimes.

Part of the cloud-based NICE Evidencentral platform, NICE Investigate offers law enforcement agencies an end-to-end, scalable CJIS-compliant cloud-based solution for digitally transforming investigations and evidence management.

 

“A successful completion to a victim’s case is what we ultimately strive for, but if we’re missing evidence, that can impact case solvability. NICE Investigate will bring evidence to the attention of our investigators that could otherwise be missed, free them up from manual work, and provide more time to build cases,” stated Captain John Jacobik, Charleston County Sheriff’s Office. “Additionally, we anticipate that NICE Investigate will greatly enhance our ability to share intelligence and collaborate with local law enforcement agencies, and streamline discovery and evidence sharing with the solicitor’s office so cases move through the court system faster.”

 

Jacobik concluded, “As a community-oriented Sheriff’s office, we’re excited that NICE Investigate will give citizens a portal into our agency for evidence sharing so they can take a more active role in investigations. Ultimately, we expect that all of these elements will lead to higher quality investigations and better case resolution for victims.”

 

“Growing numbers of law enforcement and criminal justice agencies around the world are now relying on NICE Investigate to digitally transform every aspect of how they collect, analyze and share evidence, and doing so with impressive results,” explained Chris Wooten, Executive Vice President, NICE. “We’re honored that the Charleston County Sheriff’s Office, one of the largest law enforcement agencies in the state of South Carolina, has entrusted NICE with its digital transformation as well.”

 

Currently, Charleston County Sheriff’s Office investigators manually find and retrieve evidence from different systems, request it, or drive from place to place to pick it up, which can cause case delays. NICE Investigate searches across connected systems (RMS, CAD, interview room recording, audio recording, body-worn and in-car video) for evidence, and then automatically finds and deposits that evidence into electronic case folders. As soon as investigators log in, they’re able to immediately view all available and relevant digital evidence for their cases which reduces the potential for missing evidence.

 

NICE Investigate’s public portal will also provide an easy way for community members to share evidence with investigators. Citizens simply log on and click on a secure link to upload any videos, photos or tips. Members of the public and local businesses can register their video cameras through the portal, allowing investigators to request and receive video (which is automatically virus-checked and transcoded) securely and electronically.

 

The NICE solution will also facilitate intelligence sharing, both within the Sheriff’s Office and with municipal law enforcement partners, by enabling investigators to easily request and share evidence in order to work collaboratively on cases. Additionally, instead of relying on couriers and other manual means, investigators can now share evidence with the solicitor’s office through a fully digital process, resulting in faster discovery, case resolution, and swifter, more transparent justice.

 

To learn more about NICE Investigate:

About the Charleston County Sheriff’s Office

The Charleston County Sheriff’s Office is one of the largest full-service law enforcement agencies in the state of South Carolina, employing over 900 people. The Sheriff’s Office serves a complex and diverse population which continues to experience steady population growth. Charleston County is South Carolina’s seventh largest county geographically and its third-most populous. The Charleston County Sheriff’s Office is proud to be internationally accredited by the Commission on Accreditation for Law Enforcement Agencies, the American Corrections Association, and the National Commission on Correctional Health Care reflecting the commitment of the Sheriff’s Office to continually improve the quality of law enforcement service provided to the citizens of Charleston County.

 

About NICE Public Safety

With over 3,000 customers and 30 years’ experience, NICE delivers end-to-end digital transformation, improved collaboration, efficiency and cost-savings to all types of public safety and criminal justice agencies, from emergency communications centers and police departments to prosecutors and courts. Our Evidencentral platform (which includes NICE Inform, NICE Investigate, NICE Justice and E-Request) features an ecosystem of integrated technologies that bring data together to improve incident response, accelerate investigations, streamline evidence sharing and disclosure, and keep communities and citizens safer.

 

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. Wooten, 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
Christopher Irwin-Dudek, +1 201 561 4442, ET

chris.irwin-dudek@nice.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

IMM unveils the next generation of digital receipts solution, IMM eReceiptsPlus

–Patent-pending ‘real-time, real-sign’ electronic signature capture and receipt delivery via SMS/text disrupts traditional receipt processing–

 

RAHWAY, N.J. — (BUSINESS WIRE) — IMM, the only eSignature provider that specializes in digital transaction solutions exclusively for financial institutions, today announced from the Fiserv Credit Union Experience 2021, the release of its most innovative eTransaction application to date, eReceiptsPlus. The company’s patent-pending, cloud-based technology features real-time, remote-sign capabilities, enabling members or customers to complete end-to-end digital transactions, including remote embedded signature capture, directly from their mobile device via SMS (text) message.

The industry’s first real-time, remote ‘bring-your-own-device’ electronic signature capture and delivery solution, IMM eReceiptsPlus enables financial institutions to send digital receipts directly to members’ mobile devices. Using the SMS-enabled signature feature, the member is then able to electronically sign the transaction in real-time, regardless of their location. The receipt for the completed transaction, including the embedded signature, is then automatically archived and a final copy is provided to the member via text. The entire transaction is completed digitally within a matter of a few short minutes.

 

Chuck Klein, IMM CEO, said, “This past year, banks and credit unions alike were forced to re-examine the way they engaged with their members and customers, and quickly adapt to meet the ever-changing needs and demands of an increasingly digital society. We quickly responded to this need by creating new digital solutions that address the challenges facing our client institutions. The new advanced eReceiptsPlus is a testament to how dedicated our team is to providing institutions with the tools that can deliver a dynamic digital transaction experience. IMM is vigilant about providing the best eSignature and digital transaction solutions on the market today.”

 

Once the digital transaction is complete, the system automatically indexes and archives the completed receipt image into the Credit Union’s imaging system, while delivering a digital receipt to the customer/member via text or email. The advanced features streamline the process, enabling institutions to complete end-to-end digital transactions in a matter of minutes and regardless of physical circumstances or locations. Key benefits of eReceiptsPlus to financial institutions include:

 

  • Improved in-branch experience, enabling the account holder to complete transactions directly on his/her device in a socially distanced, safer environment. The current reliance on traditional signature pads for eReceipts processing will be drastically reduced if not eliminated.
  • Revolutionizing the drive-thru operation by leveraging the consumer’s mobile device instead of relying on antiquated pneumatic tubes to transfer physical pieces of paper, enabling the first, unique digital transaction capability.
  • Call center agents will now be equipped to manage teller transactions requiring a signature, allowing the consumer to verify the information in real-time, right on their mobile device and electronically sign the receipt in real-time providing a more positive overall experience regardless of the member’s physical whereabouts or location.

 

Additionally, the new browser based IMM eReceiptsPlus features a more intuitive, optimized user design and interface, enabling branch personnel to help more members or customers, faster, while providing a more engaging, personalized experience.

 

IMM’s Executive Vice President, John Levy, said, “I believe our new eReceiptsPlus application will transform the way financial institutions interact with their customers. Digitally delivering receipts and capturing signatures right on the member’s mobile device is a more engaging, personalized experience, but also allows employees to be more effective at their jobs, completing more transactions, faster, with fewer mistakes and errors. The immediate response from our customers and partners is overwhelming, we are receiving inquiries from banks and credit unions across the country that understand just how significant this advancement in technology will be for the financial services industry.”

 

IMM is the only eSignature provider that specializes in digital transaction solutions exclusively for financial institutions. IMM uniquely views its customers as “shareholders”, placing great emphasis on customer satisfaction and success. In fact, IMM’s customers played a significant role in this most recent launch of a more advanced eReceipts platform, providing feedback, suggestions and input at every part of the product development process. Powering millions of end-to-end digital transactions monthly, IMM’s flagship eSignature platform, IMM eSign, seamlessly interfaces with all financial business systems to optimize back-office operations and provide more dynamic and engaging customer experiences.

 

About IMM

For 25 years, IMM has been the premier provider of eSignature and Digital Transaction solutions designed exclusively for financial institutions. Today, more than 1,500 banks and credit unions use IMM’s eSignature and Digital Transaction Management solutions across the Institution to elevate consumer experiences while streamlining back-office processes in a comprehensive, end-to-end digital processing environment.

For more information, visit www.immonline.com or call 1.800.836.4750. Follow us on LinkedIn, Facebook and Twitter.

Contacts

Anna Stanley

(251) 517-7857

anna@williammills.com

Categories
Healthcare Technology

NavigAid supports caregivers through the Medicaid application process

Tackling the costs of eldercare

 

LAKEWOOD, N.J. — (BUSINESS WIRE) — #MedicaidNavigAid, the new, easy-to-navigate online tool that guides you through the Medicaid application process, has launched!


NavigAid’s step-by-step instructions simplify the process, making it easier, faster and less stressful to file for Medicaid benefits that cover the costs of long-term skilled nursing care, either at home or in a residential facility, as regulated by state.

 

Until now, applying for Medicaid has been a daunting task, as caregivers struggle to navigate a complicated, involved and incredibly stressful process of understanding state-specific Medicaid application requirements that include a five-year financial “lookback period,” with documents and verifications that support all submitted information.

 

NavigAid, with its intuitive proprietary software, customizes the application process based on the patient’s state of residence. Developed by executive management at Senior Planning Services (SPS), the nation’s leading Medicaid application processing company, NavigAid adds guidance to an otherwise “Do it Yourself (DIY)” approach to Medicaid, because doing it yourself doesn’t have to mean doing it alone. The step-by-step organization helps to expedite the process, with the goal of reducing turnaround time for determination of benefits. This means you can spend less time on paperwork and more time on the person you love.

 

The costs of long-term skilled nursing care, either at home or in a residential facility, usually add up faster than expected, and Medicare coverage generally runs out after 100 days. Families most often underestimate, or fail to anticipate, the level of care required to treat unexpected life changes that result in the need for long-term care.

 

“NavigAid helps assure that a Medicaid application is complete and correct, which is not always the case for first-time filers. An improperly submitted application can result in delay or denial of coverage, which triggers tremendous anxiety for a family running through their savings to pay ongoing medical expenses,” says NavigAid Founder Ben Mandelbaum. Mandelbaum, recognizing the need to make Medicaid more accessible to all who qualify, launched NavigAid to facilitate access to affordable, quality long-term care.

 

To learn more, visit www.mynavigaid.com or call 844-344-3802 weekdays, 9 am-5 pm, ET. Connect on Instagram, Twitter, Facebook and LinkedIn @mynavigaid

 

About NavigAid

NavigAid is a secure online Medicaid application tool that assists families and caregivers by using a proprietary step-by-step online format. Developed by executive management at Medicaid application processing company Senior Planning Services (SPS) in Lakewood, New Jersey, NavigAid is currently available in New York, New Jersey, Pennsylvania, Connecticut, Rhode Island and Massachusetts. NavigAid is expected to expand across the United States over the next two years. NavigAid does not provide legal advice or services.

Contacts

Marcia Simon, APR

+1 860-395-7244

marcia@mmpdig.com

Categories
Business Technology

CompoSecure announces general availability and shipping of its Arculus KeyTM card for $99, enabling consumers to manage cryptocurrency in one secure place

The simple cold storage wallet secures the world’s most popular cryptocurrencies with 3-factor authentication, protecting consumers from hacking and theft

 

SOMERSET, N.J. — (BUSINESS WIRE) — $DBDR #3FA–CompoSecure, L.L.C. (“CompoSecure”), a leading provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, today announced it has begun shipping its Arculus KeyTM card, the next generation of cryptocurrency cold storage, which is combined with the Arculus WalletTM mobile app that is now available for a free download on iOS and Android app stores. The Arculus solution uses 3-factor authentication and provides air-gapped protection (i.e., not connected to the internet at all) against hacking and theft, and is the size and shape of a metal credit card. The Arculus Key card is available for purchase for $99 through www.GetArculus.com.

“Simple and secure storage solutions are urgently needed for the more than 221 million crypto users around the world who are targets for fraud and theft,” said Jon Wilk, CEO of CompoSecure. “More than $8 billion in crypto has been hacked or stolen in 2021 thus far, doubling the previous year, including examples of crypto exchanges being hacked, personal devices being comprised, or usernames and passwords being phished that were part of these growing losses. Arculus gives customers control of their private keys using an air-gapped cold storage solution that provides a safer, simpler and a smarter way to secure crypto assets.”

 

Arculus makes it easy for consumers to manage cryptocurrency in one reliable place with the newly launched Arculus Wallet mobile app. The intuitively designed app enables consumers to send crypto to others, use fiat currency to buy crypto, and swap crypto-to-crypto by merely using “tap to transact” authentication, which allows the user to securely authorize the transaction with the Arculus Key card. The app supports transactions in the most popular cryptocurrencies, including: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), USD Coin (USDC), TrueUSD (TUSD), Chainlink (LINK), Wrapped BTC (WBTC), DAI and Tether (USDT).

 

“The cryptocurrency cold storage solutions on the market today are clunky and overly complicated, so we designed and built an easy-to-use solution that is also one of the most secure on the market,” said Adam Lowe, Chief Innovation Officer of CompoSecure. “We need to securely keep hackers out, but easily let authenticated users into the device with behavior they already are familiar with, such as the tap to transact feature.”

 

The Arculus Key card works in tandem with the Arculus Wallet mobile app to protect each consumer’s private crypto keys with 3-factor authentication security that requires:

 

  1. Something You Are — The Arculus Wallet app leverages biometric security systems on mobile devices (e.g., fingerprint or facial recognition).
  2. Something You Know – The Arculus Wallet app requires a 6-digit PIN.
  3. Something You Have – The Arculus Key card contains an EAL 6+ embedded secure element that holds the user’s encrypted private keys.

 

Consumers can purchase Arculus cards at www.GetArculus.com throughout the U.S. (subject to transaction restrictions in New York and Hawaii). The price for the Arculus Key card is $99, which includes free shipping and handling. Sales tax is not included.

 

On April 19, 2021, CompoSecure announced that it had signed a merger agreement with Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR) (“Roman DBDR”), a special purpose acquisition company. Upon closing of the proposed merger, the combined company will operate as CompoSecure, Inc. and plans to trade on the Nasdaq stock market. The transaction reflects a pro forma enterprise value for the combined company of approximately $1.2 billion. The transaction is expected to close in the second half of 2021 and remains subject to approval by Roman DBDR stockholders and other customary closing conditions.

 

About CompoSecure

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 ability of Roman DBDR and CompoSecure to complete the proposed merger described in the Press Release, (ii) the size, demand and growth potential of the markets for CompoSecure’s products and CompoSecure’s ability to serve those markets, (iii) the degree of market acceptance and adoption of CompoSecure’s products, (iv) CompoSecure’s ability to develop innovative products and compete with other companies engaged in the financial services and technology industry and (v) 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 Roman DBDR or 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 and Roman DBDR. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond Roman DBDR’s and 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. These factors include, among others: the inability to complete the proposed merger; the inability to recognize the anticipated benefits of the proposed merger, including due to the failure to receive required security holder approvals, or the failure of other closing conditions; and costs related to the proposed merger. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the preliminary proxy statement on Schedule 14A (the “Proxy Statement”) relating to the proposed merger filed by Roman DBDR with the U.S. Securities and Exchange Commission (the “SEC”) and the definitive proxy statement and other documents filed by Roman DBDR from time to time with the SEC. 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.

 

Additional Information about the Proposed Merger and Where to Find It

In connection with the proposed merger, Roman DBDR has filed a preliminary proxy statement with the SEC. A definitive proxy statement will be sent to stockholders of Roman DBDR seeking approval of the proposed merger. The documents relating to the proposed merger (when they are available) can be obtained free of charge from the SEC’s website at www.sec.gov. These documents (when they are available) can also be obtained free of charge by contacting CompoSecure at: Marc P. Griffin, ICR for CompoSecure, 646-277-1290, CompoSecure-IR@icrinc.com.

 

Participants in the Solicitation

This communication is not a solicitation of a proxy from any security holder of Roman DBDR. CompoSecure, Roman DBDR and our respective directors, executive officers, other members of management and employees may be deemed to be participants in the solicitation of proxies from Roman DBDR’s stockholders in connection with the proposed merger. Information regarding the names and interests in the proposed merger of Roman DBDR’s directors and officers is contained Roman DBDR’s filings with the SEC. Additional information regarding the interests of potential participants in the solicitation process has also been included in the preliminary, and will be included in the definitive, proxy statement relating to the proposed merger and other relevant documents filed with the SEC. These documents can be obtained free of charge from the sources indicated above.

Contacts

Wes Robinson

626-201-2928

wrobinson@olmsteadwilliams.com

Categories
Business Technology

TrueFort named Cloud Security Product of the year by Computing Magazine

TrueFort Fortress Recognized as Top Solution for Large Enterprises in Annual Cloud Excellence Awards

WEEHAWKEN, N.J. — (BUSINESS WIRE) — #ApplicationprotectionTrueFort, the zero trust application protection company, today announced the TrueFort Fortress platform has been named Cloud Security Product of the Year for large enterprises in the 2021 Computing Cloud Excellence Awards. The judges selected TrueFort for its innovation, features, market share, and most importantly its ability to protect customers’ data and applications.

“We are honored to be chosen as Cloud Security Product of the Year by Computing, which is recognized as the most respected information resource for UK technology decision makers,” said Sameer Malhotra, CEO of TrueFort. “TrueFort Fortress provides zero trust application protection which is critical in the cloud where identities are the primary security perimeter. Our ability to detect unexpected application behavior enables enterprises to contain and respond to threats before they can result in a data breach.”

 

Traditional security products have focused on protecting underlying IT infrastructure from threats but the success of attackers in executing ransomware, supply chain and phishing attacks shows that there are still significant gaps in security coverage. TrueFort fills this void, offering Zero Trust protection for enterprise applications and workloads in the cloud that are the gateway to sensitive data and, increasingly, the target of attackers. The company’s Fortress platform leverages patented behavioral analysis and machine intelligence to help organizations better understand their applications’ trusted behaviors to fend off attacks in real-time.

 

About TrueFort

TrueFort is the leader in delivering zero trust protection for critical applications. Leveraging unique real-time, adaptive trust, and cloud-to-ground capabilities, TrueFort’s Fortress platform detects and contains security threats before they become business risks. Founded by former IT executives from Bank of America and Goldman Sachs, leading global enterprises trust TrueFort to deliver unprecedented application visibility and security. For more information visit https://truefort.com and follow us on LinkedIn and Twitter.

Contacts

Media:

Marc Gendron

Marc Gendron PR for TrueFort

617.877.7480

marc@mgpr.net

Categories
Business Technology

Crestron strengthens the hybrid meeting experience with intelligent video

Crestron Flex video conferencing platform adds support for Jabra and Huddly cameras, delivering intelligent video features and capabilities demanded in today’s work environment.

 

ROCKLEIGH, N.J. — (BUSINESS WIRE) — Crestron, a global leader in workplace technology, is enhancing the Crestron Flex platform with new intelligent video support from partners Jabra® and Huddly® to facilitate equitable and productive meetings both in-office or at-home. As businesses shift to a hybrid-first environment, where seamless collaboration between dispersed teams is a top priority, one of the biggest challenges has been ensuring every person in the meeting has an equal seat at the table.

Room systems with intelligent audio and video features, paired with the software innovations from meeting service providers, such as Microsoft Teams® and Zoom Rooms™ platforms, ensure all meeting participants can easily contribute and productively collaborate. The Crestron Flex platform ties it all together, providing purpose-built devices for every space and application, while delivering a consistent user experience throughout the organization. By standardizing on Crestron Flex, enterprises can deliver a successful meeting experience across the office, from the largest board room to rotating hot desks and huddle spaces, as well as easy scalability and support via Crestron XiO Cloud® remote management software.

 

“Among the many things we’ve learned as individuals continue to work remotely and return-to-office, is video conferencing and collaboration is at the center of the modern workplace. As we saw last week with Google’s real estate acquisition the corporate office is not going away, so we have to make the experiences better for everyone,” said Alex Peras, Director of UC & Corporate Development, Crestron. “Adding immediate support for Jabra and Huddly cameras helps build on our mission to ensure an immersive and equitable meeting experience, regardless of where participants join from.”

 

The addition of intelligent video integration to the Crestron Flex platform offers several features that enhance the video conferencing experience, including:

 

  • People counting and face framing – Intelligent cameras recognize each participant in the room and provide a single image of each participant as well as a full room view to ensure each participant, both locally and remote, have an equal seat at the table.
  • Full room view – Integrated real-time video stitching gives a full 180˚ view of the room, fully optimizing small spaces for better video conferencing, ensuring every person can be seen clearly, all while maintaining proper social distancing protocols.
  • Whiteboard Sharing – Whiteboards are a key collaboration tool, however with hybrid meetings, remote participants are often left in the dark and cannot view the content on the whiteboard in the room. Whiteboard Sharing enables participants to view and share content from up to three whiteboards digitally, extending the functionality and usability of whiteboard collaboration to outside the room.
  • Analytics – Capture data and analytics of room utilization, occupancy, and people counting to provide better insight into how your spaces are being used which enables more efficient real estate planning and budgeting.

 

Learn More

For more information on Crestron Flex and its Intelligent Video capabilities, please visit: https://www.crestron.com/flex.

Contacts

Crestron Press Contact

Caster Communications

Robert Simms

O: 401-792-7080

crestron@castercomm.com

Categories
Business Technology

AeroFarms expands distribution of its award-winning greens with Stop & Shop to meet customer demand

Expanding to more than 350 Stop & Shop locations in Northeast and New England regions

 

NEWARK, N.J. — (BUSINESS WIRE) — AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that it is expanding this Fall its distribution of leafy greens to more than 350 Stop & Shop Stores across the Northeast and New England regions including New Jersey, New York, Connecticut, Massachusetts, and Rhode Island.


“Customers have fallen in love with our award-winning greens,” said David Rosenberg, Co-Founder and Chief Executive Officer of AeroFarms. “We are excited to be able to expand our distribution with a great partner like Stop & Shop to offer our high-quality produce all year round at consistent pricing and availability, and we can help grow the entire category of leafy greens and drive consumption with our sustainably grown produce that is ultimately winning on taste.”

 

AeroFarms starts by selecting the most flavorful varietals of leafy greens, then perfects them in its proprietary indoor vertical farms for optimal quality, yield, color, nutrition, texture, and taste. AeroFarms has trademarked Vertical Farming, Elevated Flavor™ to highlight to consumers not only where and how its food is grown, but also more importantly, the key growing benefits that AeroFarms uniquely brings to the market, setting a new culinary standard with millions of data points to prove it.

 

AeroFarms grows its kale to be sweeter and its arugula to be perfectly peppery, and the Company has developed its signature FlavorSpectrum™ to represent the breadth of flavors and hundreds of varieties of leafy greens that it is able to grow. AeroFarms’ team of experts from horticulturists to engineers to data scientists to nutritionists pair each specific tasting note with a representative color to bring the FlavorSpectrum™ philosophy to life. Across its leafy greens packaging line, the cool blue tones represent sweet and mellow notes, while the intense reds represent bold and zesty flavors.

 

Besides its line of baby leafy greens, AeroFarms has been expanding the category of microgreens that were recognized by The Today Show as one of the top health trends for 2021. Responding to increased consumer demand, AeroFarms has successfully added Micro Arugula, Micro Broccoli, Micro Kale, and Micro Rainbow Mix to its core line of Micro Spicy Mix and Micro Super Mix. Produced year-round at the highest quality, AeroFarms microgreens offer great visual and flavor excitement, elevating the home cook into a chef. In addition, AeroFarms microgreens provide higher nutrient density than their mature green counterparts, offering a powerful way to provide a potent boost of vitamins, minerals, and phytonutrients.

 

All AeroFarms leafy greens are safely grown indoors in New Jersey at one of AeroFarms’ state-of-the art commercial indoor vertical farms that is certified for USDA Good Agricultural Practices, SQF Level 2 Good Manufacturing Practices, Non-GMO Project Verification, and OU Kosher. AeroFarms leafy greens are completely pesticide free, and ready-to-eat without any need to wash, providing a major benefit to consumers looking for safety and convenience. AeroFarms leafy greens are available at major retail and foodservice customers including not only Stop & Shop but also Walmart, Whole Foods Market, ShopRite, Amazon Fresh, FreshDirect, and Baldor Specialty Foods.

 

About AeroFarms

Since 2004, AeroFarms has been leading the way for indoor vertical farming and championing transformational innovation for agriculture. On a mission to grow the best plants possible for the betterment of humanity, AeroFarms is a Certified B Corporation with global headquarters in Newark, New Jersey. Named one of the World’s Most Innovative Companies by Fast Company two years in a row and one of TIME’s Best Inventions in Food, AeroFarms patented, award-winning indoor vertical farming technology provides the perfect conditions for healthy plants to thrive, taking agriculture to a new level of precision, food safety, and productivity while using up to 95% less water and no pesticides ever versus traditional field farming. AeroFarms enables local production to safely grow all year round, using vertical farming for elevated flavor. In addition, through its proprietary growing technology platform, AeroFarms has grown over 550 varieties, has innovated in speed breeding, and has developed multi-year strategic partnerships ranging from government to major Fortune 500 companies to help uniquely solve agriculture supply chain needs. For additional information, visit: https://aerofarms.com/.

 

On March 26, 2021, AeroFarms announced a definitive business combination agreement with Spring Valley Acquisition Corp. (Nasdaq: SV). Upon the closing of the business combination, AeroFarms will become publicly traded on Nasdaq under the new ticker symbol “ARFM”. Additional information about the transaction can be viewed here: https://aerofarms.com/investors/.

 

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 generally are accompanied by words such as “believe,” “may,” “might,” “will,” “estimate,” “continue,” “contemplate,” “anticipate,” “intend,” “expect,” “should,” “would,” “could,” “plan,” “predict,” “project,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this press release, including those regarding Spring Valley’s proposed acquisition of AeroFarms and pursuit of additional capital are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the respective management of AeroFarms and Spring Valley 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 as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. 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 AeroFarms and Spring Valley. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; the inability of the parties to successfully or timely consummate the proposed transaction, including the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed transaction or that the approval of the stockholders of Spring Valley or AeroFarms is not obtained; failure to realize the anticipated benefits of the proposed transaction; risks related to the expansion of AeroFarms’ business and the timing of expected business milestones; the effects of competition on AeroFarms’ business; the ability of Spring Valley or AeroFarms to issue equity or equity-linked securities or obtain debt financing in connection with the proposed transaction or in the future, and those factors discussed in Spring Valley’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, final prospectus dated November 25, 2020 and definitive proxy statement/prospectus dated July 26, 2021 under the heading “Risk Factors,” and other documents Spring Valley has filed, or will file, with the SEC. 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 neither Spring Valley nor AeroFarms presently know, or that Spring Valley nor AeroFarms 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 Spring Valley’s and AeroFarms’ expectations, plans, or forecasts of future events and views as of the date of this press release. Spring Valley and AeroFarms anticipate that subsequent events and developments will cause Spring Valley’s and AeroFarms’ assessments to change. However, while Spring Valley and AeroFarms may elect to update these forward-looking statements at some point in the future, Spring Valley and AeroFarms specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Spring Valley’s and AeroFarms’ assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Contacts

AeroFarms
Investor Relations:

Jeff Sonnek ICR

Jeff.Sonnek@icrinc.com
1-646-277-1263

Media Relations:

Marc Oshima
AeroFarms

MarcOshima@AeroFarms.com
1-917-673-4602

Categories
Business Technology

Align’s Vinod Paul accepted into Forbes Technology Council

NEW YORK — (BUSINESS WIRE) — Vinod Paul, Chief Operating Officer at Align, the premier global provider of technology infrastructure solutions, has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.


Paul was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

 

“We are honored to welcome Vinod into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Technology Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

 

As an accepted member of the Council, Paul has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Paul will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

 

“It is a tremendous opportunity to join the esteemed technology leaders in the Forbes Technology Council,” Paul said. “Align’s approach to Managed Services has kept us at the forefront of technology providers in the alternative investment market. The Forbes platform will continue to allow us to address all of the technological, cybersecurity, governance, and compliance needs across the financial services and alternative investment management industry and beyond.”

 

About Forbes Councils

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

 

For more information about Forbes Technology Council, visit forbestechcouncil.com. To learn more about Forbes Councils, visit forbescouncils.com.

 

About Align

Align is a premier global provider of infrastructure technology solutions. For over 30 years, leading firms worldwide have relied on Align to guide them through IT challenges, delivering complete, secure solutions for business change and growth. Align is headquartered in New York City and has offices in London, Chicago, San Francisco, Arizona, New Jersey, Texas and Virginia. Learn more at www.align.com and www.aligncybersecurity.com.

Contacts

Ashley Holbrook

aholbrook@align.com
212-546-6159

Categories
Business Technology

Buckle named winner in M&A Advisor’s 15th Annual Turnaround Awards

Buckle’s acquisition of Gateway Insurance Company recognized in prestigious Turnaround Awards for Financials Deal of the Year

JERSEY CITY, N.J. — (BUSINESS WIRE) — #AGMIBuckle, an inclusive tech-enabled financial services company, is a winner in M&A Advisor’s 15th Annual Turnaround Awards. The company has been recognized in the category, Financials Deal of the Year for its acquisition of Gateway Insurance Company. Buckle received its award at the Turnaround Awards Gala, which took place at the 2021 Distressed Investing Summit on September 29, 2021 in midtown Manhattan.

“The prestigious Turnaround Awards are the benchmark for restructuring excellence, recognizing the year’s leading distressed M&A transactions, restructurings, refinancings, turnarounds, and dealmakers,” said Marty Young, co-founder and CEO of Buckle. “Buckle is thrilled to be honored among a team of award-winning attorneys and professionals who achieved the unimaginable in the property and casualty insurance industry. We are also honored to be among the prestigious list of other Turnaround Award winners who are moving the industry forward.”

 

Oscar Pinkas, NY Chair of Restructuring & Member of Corporate and Finance Practices at global law firm Greenberg Traurig, LLP, led the Buckle legal effort on the acquisition of Gateway. Greenberg Traurig attorneys were Turnaround Award winners in two other categories.

 

Also named in the award as part of the Buckle team were Dentons US and the Illinois Department of Insurance.

 

Buckle announced the acquisition and recapitalization of Gateway, including its 47 state insurance licenses in 2020. Gateway was formerly an indirect subsidiary of Atlas Financial Holdings, Inc. (Atlas), providing auto insurance to the light commercial automobiles market in the U.S.

 

After acquiring and re-capitalizing Gateway, Buckle began to support Atlas’ wholly owned managing general agency (MGA), Anchor Group Management, Inc. (AGMI). In partnership with Atlas, Buckle provides comprehensive, affordable insurance to the commercial auto market, providing protection to taxicab and black car limousine drivers, many of whom drive for Lyft and Uber. Through Gateway, Buckle also writes its signature gig auto insurance product, as well as non-standard auto insurance products through other MGA partnerships.

 

The company recently closed on $60M in funding to expand its full-stack insurance platform across the U.S., which will help to further its goal of offering solutions to help bring financial security to the rising middle class and gig economy.

 

“Award winners represent the best of the distressed investing and reorganization industry over the past year,” said Roger Aguinaldo, Founder of The M&A Advisor. “We are in an environment that has seen whole industries, such as retail, restaurants, leisure and hospitality experience depression-like effects. Despite it all, these professionals have helped companies during these difficult times. We recognize these leading transactions, firms and individuals that represent the highest levels of performance.”

 

Winners were selected from hundreds of nominations by prominent experts in the M&A, finance, and turnaround community.

 

For more information on M&A Advisor’s 15th Annual Turnaround Awards, go to: https://events.maadvisor.com/DITA#/turnaroundawards.

 

About Buckle

Buckle is the inclusive digital financial services company serving the rising middle class and providers to the gig economy. Using a portfolio of technologies and data sources, Buckle provides insurance and credit products to those who earn less than the average American wage and are subsequently penalized for having poor or no credit. Connect with Buckle on Facebook, Twitter and LinkedIn. Visit www.buckleup.com.

 

All trademarks recognized.

Contacts

Tracy Wemett

BroadPR

+1-617-868-5031

tracy@broadpr.com

Categories
Business Technology

Brillio teams up with Ciena’s Blue Planet division to develop network automation suite

New SaaS-based solutions enable enterprise customers to accelerate digital transformation

 

EDISON, N.J. — (BUSINESS WIRE) — Brillio, a global digital technology consulting and solutions company, is partnering with Ciena to co-launch the Blue Planet Enterprise Automation Suite (BPE), which includes innovative SaaS-based network automation solutions to help enterprise IT teams achieve operational simplicity, greater visibility, and patent-pending AIOps-driven control over their multi-vendor networks.

Today’s enterprise IT organizations face a challenging landscape, made worse by the COVID-19 pandemic. Organizations need to manage multiple layers of network complexity, consisting of hundreds of edge sites, thousands of physical and virtual devices from multiple vendors, and tens of thousands of end-users and connected endpoints.

 

According to Gartner®, “approximately 70% of network configuration activities (i.e., changes and associated pre- and post-change activities) are manually-driven*.” Where previous operations were reactive and slow to change, a post-pandemic era has only accelerated the need for a more proactive and preemptive automated operations approach that allows for rapid change management and easy, reliable troubleshooting.

 

With the launch of BPE, Blue Planet and Brillio are delivering a unique suite of enterprise network automation products built to overcome the challenges faced by IT teams that operate increasingly complex networking environments using fragmented tools and manually dependent processes. The turnkey BPE automation suite, made up of Dynamic Configuration and Change Management (DCCM) and Intelligent NetOps (INO), enables rapid network configuration and change management, while intelligently optimizing for maximum performance and output.

 

Enterprise organizations can reduce manual intervention and reactive efforts required of administration staff while evolving to predictive operations that allow for effective Root-Cause Analysis (RCA) with patent-pending ML technology and forward-looking actions. With BPE, organizations can also gain end-to-end visibility and control of their multi-vendor network to help maximize productivity of employees, partners, and customers. In the end, enterprises can minimize operating costs and harness a holistic view of their network with AIOps-driven automation that enables identification and remediation of network issues in real time.

 

The BPE solution suite combines fault and performance monitoring with a set of AI-assisted capabilities to simplify, speed-up and automate network visibility and control—essentially, providing an accurate diagnosis of the root problems stemming from the most likely cause for failure or slow-down, guided remediation and automation of configuration and change management designed to eliminate the first 80% of network problems from the outset. The BPE solution set is offered as SaaS-based services to simplify the evaluation, rollout and use of these capabilities.

 

“Our partnership with Brillio underscores our shared commitment to help enterprises digitally transform their businesses and unlock new revenue opportunities,” said Rick Hamilton, Senior Vice President of Blue Planet, a division of Ciena. “We are combining Blue Planet’s heritage in Intelligent Network Automation with Brillio’s leadership in digital transformation to create open, software-driven network architectures. Brillio will continue to be a key partner as we accelerate our initiatives in DevOps, SaaS platform offerings, and R&D investments.”

 

Blue Planet and Brillio will co-invest in bringing the new Network Automation Suite to the enterprise market. The partnership combines the strategic advantages of both firms, with Blue Planet leveraging its software portfolio and extensive track record in the service provider market, and Brillio bringing to the table its domain expertise in product design and engineering, as well as deep and diversified experience in the enterprise market. Brillio recently launched a Brillio-branded BPE microsite designed to establish market awareness and help Brillio customers and prospects to learn more about the new automation suite.

 

“We are excited to grow our partnership with Blue Planet as we co-develop and launch disruptive enterprise solutions that will spur greater innovation and together helps us address the large and growing enterprise networking automation market,” said Raj Mamodia, CEO of Brillio. “Our relationship with Blue Planet clearly demonstrates our key capabilities and leadership across Product Development (UX/UI), SaaS, and Network Automation. Together, we look forward to launching innovative cloud and network automation solutions to help businesses accelerate and scale their digital transformation initiatives.”

 

For more details on the Brillio- Blue Planet alliance, visit: www.brillio.com/alliances/blue-planet and watch this video.

 

*Gartner, ‘How to Reduce Technical Debt in Enterprise Networks,’ Andrew Lerner, Sanjit Ganguli, Josh Chessman, November 27, 2019. Refreshed in April 2021. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission.

 

About Brillio

At Brillio, our customers are at the heart of everything we do. We were founded on the philosophy that to be really good at something, you need to be unreasonably focused. That’s why we are relentless about delivering the technology-enabled solutions our customers need to thrive in today’s digital economy. Simply put, we help our customers accelerate what matters to their business by leveraging our expertise in agile engineering to bring human-centric products to market at warp speed. Born in the digital age, we embrace the four superpowers of technology, enabling our customers to not only improve their current performance but to rethink their business in entirely new ways. Brillio has exceptional employees worldwide and is trusted by hundreds of Fortune 2000 organizations across the globe. To learn more follow us @brillioglobal and visit our website at www.brillio.com.

 

About Blue Planet

Blue Planet provides proven software solutions that accelerate digital transformation through intelligent automation. With more than 200 deployments worldwide, our modular, vendor-agnostic product portfolio enables real-time visibility and control to manage changing network operating environments. Backed by a global team of delivery specialists and an ecosystem of partners, Blue Planet is a division of Ciena that combines expertise across IT, network, and business operations to enable the agility necessary for creating differentiated end-customer experiences. www.blueplanet.com

 

Note to Ciena Investors

You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent News financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, because of risks and uncertainties, including those detailed in our most recent annual and quarterly reports filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will,” and “would” or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Contacts

Alex Sheehan

Brillio@finnpartners.com