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Technology

Fiat Chrysler Automobiles partners with Wipro to establish its first Global Digital Hub in India

Wipro will build a skilled talent pool for FCA ICT India and develop capabilities around futuristic technologies

EAST BRUNSWICK, N.J. & BANGALORE, India–(BUSINESS WIRE)–#AshishSaxena–Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced that it has been chosen as a strategic technology services partner by Fiat Chrysler Automobiles (FCA) to establish its first Global Digital Hub in Hyderabad, India.

This digital hub, called FCA ICT India, will support FCA’s Information and Communication Technology operations to focus on delivering premium mobility services and help FCA achieve its goal to enhance customer centricity through digital transformation.

As part of this engagement, Wipro will source and build a talent pool of more than 1000 skilled consultants and technologists for FCA ICT India who will help develop capabilities around futuristic technologies. The hub will showcase world-class high-performance engineering skills and digital best practices. FCA ICT India will be built from the ground up to meet FCA’s specific needs and growth agenda in the region. Wipro’s global expertise in the automobile sector will enable FCA to acquire the best talent and achieve digital transformation at scale.

Commenting on this partnership, Ashish Saxena, Head of Manufacturing, Wipro Limited said, “The automotive industry needs a robust digital infrastructure that will accelerate the pace of innovation and change it is currently experiencing. We are thrilled to partner with FCA and bring a collaborative operating model that will allow them to build customized digital solutions for their customers. We will help catalyze FCA’s transformation and innovation by leveraging our global technology partnerships, in-house IPs and accelerators in the automobile sector. Furthermore, this alliance will create new career opportunities in Hyderabad.”

Karim Lalani, Head, FCA ICT India said, “This partnership will help us leverage Wipro’s global IT expertise to develop new-age mobility solutions and services. Wipro will serve as a strategic technology services partner to build a high-performance digital engineering team that closely maps our needs to innovate and enhance our customers’ experience. It requires a truly agile mindset like Wipro’s to deliver productivity, scale, and speed, thereby nurturing an exciting work culture and plenty of career growth opportunities.”

FCA ICT India will enable Wipro to provide solutions towards operational challenges to ensure productivity remains unaffected. The partnership will fulfil the need for increased speed of delivery, heightened risk management processes and better control. Establishing the Global Digital Hub in India will drive both innovation and competitiveness necessary for FCA to become a leader in the future of mobility.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 180,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. For more information, please visit www.wipro.com

About FCA

Fiat Chrysler Automobiles (FCA) is a global automaker that designs, engineers, manufactures and sells vehicles in a portfolio of exciting brands, including Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep®, Lancia, Ram and Maserati. It also sells parts and services under the Mopar name and operates in the components and production systems sectors under the Comau and Teksid brands. FCA employs nearly 200,000 people around the globe. For more information regarding FCA, please visit www.fcagroup.com

Forward-looking and Cautionary Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control.

Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Contacts

Shraboni Banerjee

Wipro Limited

Shraboni.banerjee@wipro.com

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Technology

NICE Actimize drives AML cloud transformation for Vancity, one of Canada’s largest community credit unions

NICE Actimize’s AML Essentials with ActOne Case Management will allow Vancity to more efficiently fight financial crime, contain costs and comply with Canadian regulations

HOBOKEN, N.J. — (BUSINESS WIRE) — NICE Actimize, a NICE (NASDAQ: NICE) business, has been selected by Vancouver City Savings Credit Union (Vancity), a member-owned financial co-operative headquartered in British Columbia, Canada, to drive and implement its modernized, cloud-based anti-money laundering operation. The financial cooperative’s objective is to significantly improve its investigators’ efficiency, allowing them to fight financial crime more effectively while simultaneously containing costs and complying with Canadian regulations. With $28.2 billion in assets under administration, Vancity is English-speaking Canada’s largest community credit union.

Vancity is significantly updating its operational investments by leveraging several NICE Actimize solution areas. In anti-money laundering, Vancity will expand its financial crime solutions’ footprint by integrating NICE Actimize’s AML Essentials solutions suite that includes Suspicious Activity Monitoring (SAM), CDD/KYC, and Watch List Filtering. Actimize AML Essentials, a cloud-based offering built upon NICE Actimize’s proven, end-to-end anti-money laundering platform, addresses the challenges of regional and community financial institutions. Using the same power and experience as NICE Actimize’s enterprise solutions, AML Essentials offers rapid deployment and reduces overhead to make compliance easier and at a lower total cost of ownership.

In addition, Vancity will enhance its corporate security investigation processes with ActOne Case Management to meet AML regulatory requirements, such as reporting of suspicious transactions to The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) via STR forms. NICE Actimize’s ActOne transforms financial crime investigations by introducing intelligent automation and visual storytelling for speed and accuracy.

“Addressing today’s changing environment can be difficult as regulations, guidelines and threats constantly evolve. Applying modern technologies that incorporate AI, automation and the cloud, NICE Actimize is proud to support Vancity and its journey to protecting the institution, its members, and assets with our advanced suite of financial crime solutions,” said Craig Costigan, CEO, NICE Actimize. “Our strong domain expertise and advanced technology will build a more efficient anti-money laundering platform for the cooperative.”

“Our team at Vancity is excited to update its anti-money laundering platform,” said Nez Aquino, Chief Risk Officer, Vancouver City Savings Credit Union. “We are confident that NICE Actimize’s depth of experience and technology leadership will bring us the efficiencies we need to address both regulatory and operational requirements.”

About Vancouver City Savings Credit Union (Vancity)

Vancouver City Savings Credit Union commonly referred to as Vancity, is a member-owned financial co-operative headquartered in Vancouver, British Columbia, Canada. Vancity is a values-based financial co-operative serving the needs of its more than 543,000 member-owners and their communities in the Coast Salish and Kwakwaka’wakw territories, with 57 branches in Metro Vancouver, the Fraser Valley, Victoria, Squamish and Alert Bay. With $28.2 billion in assets plus assets under administration, Vancity uses its assets to help improve the financial well-being of its members while at the same time helping to develop healthy communities that are socially, economically and environmentally sustainable. https://www.vancity.com/

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

NICE (Nasdaq: NICE) is the world’s leading provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. 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, NICE Actimize, +1 646 408 5896, ET, cindy.morgan-olson@niceactimize.com

Investors:

Marty Cohen, +1 551 256 5354, ET, ir@nice.com
Yisca Erez, +972 9 775 3798, CET, ir@nice.com

Categories
Technology

Dominion sues Trump lawyer Sidney Powell for defamation

Sidney Powell, a lawyer for President Donald Trump, speaks during a news conference at the Republican National Committee headquarters, Thursday Nov. 19, 2020, in Washington. (AP Photo/Jacquelyn Martin)

 

WASHINGTON (AP) — Dominion Voting Systems filed a defamation lawsuit against lawyer Sidney Powell on Friday, seeking at least $1.3 billion for Powell’s “wild accusations” that the company rigged the presidential election for Joe Biden.

“Dominion brings this action to set the record straight,” the company said in the suit filed in federal court in Washington.

Powell has for weeks claimed without evidence that the election technology vendor, whose vote-counting equipment was used in several states, was part of a scheme to steal the election from President Donald Trump. Powell has been representing Trump in a series of unsuccessful lawsuits filed to contest the election outcome.

She has claimed that the company was created in Venezuela to rig elections for the late leader Hugo Chavez and that it has the ability to switch votes.

There was no widespread fraud in the election, which a range of election officials across the country including Trump’s former attorney general, William Barr, have confirmed. Republican governors in Arizona and Georgia, key battleground states crucial to Biden’s victory, also vouched for the integrity of the elections in their states. Nearly all the legal challenges from Trump and his allies have been dismissed by judges, including two tossed by the Supreme Court, which includes three Trump-nominated justices.

The company said there “there are mountains of direct evidence that conclusively disprove Powell’s vote manipulation claims against Dominion — namely, the millions of paper ballots that were audited and recounted by bipartisan officials and volunteers in Georgia and other swing states, which confirmed that Dominion accurately counted votes on paper ballots.”

Dominion said that when it formally told Powell her claims were false and asked her to retract them, she “doubled down,” using her Twitter account with more than 1 million followers to amplify the claims.

Eric Coomer, Dominion’s security director, already has sued Powell, Trump lawyer Rudy Giuliani and the president’s campaign for defamation after he was driven into hiding by death threats. Conservative columnists and news outlets also were named in Coomer’s lawsuit, filed in Colorado, where the company is based.

Powell did not immediately respond to a request for comment Friday.

 

— Associated Press

Categories
Technology

NICE wins ‘The Most Innovative System Award’ for state-of-the-art advancements in workforce management

Recognition applauds NICE WFM Suite for being high on the innovation index and demonstrating maturity in design as well as implementation

HOBOKEN, N.J.–(BUSINESS WIRE)–NICE (Nasdaq: NICE) today announced that it has been named the winner of “The Most Innovative System Award” by the Global WFM Chartered Body (GWFM). The award was presented to the NICE Workforce Management (WFM) Suite for its innovative capabilities that demonstrate maturity in design as well as implementation. This coveted award follows a stringent process that includes a judging committee of global WFM thought leaders and CIOs.

The NICE Workforce Management (WFM) Suite empowers organizations to intelligently meet today’s contact center challenges – all in a single, cloud-powered platform. Leveraging AI and innovative capabilities that automate operations, provide accurate forecasting, enable agility in adapting to change and overcome complexity, NICE WFM achieves effective workforce planning, scheduling and optimization to drive business success in a constantly changing business environment. Uniquely, the NICE WFM Suite enables a multi-pronged approach to increasing engagement and delivering highly accurate planning. The solution taps into AI-based tools and automation to help ensure positive employee experiences by enabling work-life balance via flexible scheduling while helping to see that business metrics are met.

Barry Cooper, President, NICE Enterprise Group, said, “This accolade is especially gratifying, reiterating our commitment to innovation that manifests in all of our solutions as well as the exceptional experiences they create. Our Workforce Management Suite specifically is all about people. It’s about how smart technology can make a difference in the lives of agents and managers by making contact center work easier and more productive while ensuring organizations deliver exceptional customer service through accurate staffing.”

Global Workforce Management Professional Chartered Body (GWFM) is an autonomous, not-for-profit, professionally managed organization, playing a key role in grooming leaders for the future. The body is registered in Canada and established in June 2014. GWFM comprises twenty thousand professional members with backgrounds in WFM & HR committed to promoting WFM and enhancing the capability of human capital professionals to compete globally. www.globalwfm.com

About NICE

NICE (Nasdaq: NICE) is the world’s leading provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. 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. Cooper, 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
Christopher Irwin-Dudek, +1 201 561 4442, ET, chris.irwin-dudek@nice.com

Investors
Marty Cohen, +1 551 256 5354, ET, ir@nice.com

Yisca Erez +972 9 775 3798, CET, ir@nice.com

Categories
Technology

As understanding of Russian hacking grows, so does alarm

Those behind the widespread intrusion into government and corporate networks exploited seams in U.S. defenses and gave away nothing to American monitoring of their systems.

— NYT: Top Stories

Categories
Technology

Digital Lending Capital Corp (DLCC) appoints Jeanine Hightower-Sellitto to Board of Directors

JERSEY CITY, N.J.–(BUSINESS WIRE)–DLCC, an institutional grade crypto Prime Brokerage software and service solution, today appointed blockchain and capital markets expert Jeanine Hightower-Sellitto to its Board of Directors, effective immediately.

DLCC’s mission is to bridge the gap between legacy finance and alternative investors with digital assets. Jeanine brings to the Board her experience and deep understanding of building markets in both traditional finance and cryptocurrency.

“We could not be more thrilled to have Jeanine on our Board. Her unparalleled skill set, experience, reputation, and deep industry knowledge will be a major asset to the growth of DLCC as we launch our crypto prime solutions,” said DLCC Founder and CEO James Runnels.

Jeanine built her career in the both traditional and non-traditional finance industries with a proven track record in managing high-growth startups that leverage technology to modernize markets. Jeanine’s more than two-decade career began as a Wall Street analyst and led her to her current role as chief executive officer of Atomyze, a fintech start up that will digitize and modernize markets for commodities and physical assets.

Prior to Atomyze Jeanine was managing director of operations at Gemini, one of the world’s largest cryptocurrency exchanges and custodians, where she oversaw its institutional business lines. Additionally, Jeanine served as chief operating officer of Nasdaq subsidiary, International Securities Exchange (ISE), where she brought electronic trading to US options.

For more information, please go to https://www.dlcc.co/; email Andy Hoffman, DLCC’s Marketing Director, at andy@dlcc.co or call 720-350-4130

Contacts

Andy Hoffman

Marketing Director

andy@dlcc.co
720-350-4130

Categories
Technology

Arena STEM opens first U.S. store at Westfield Garden State Plaza

PARAMUS, N.J.–(BUSINESS WIRE)–Arena STEM, a new retail edutainment concept opened its first U.S. location at Westfield Garden State Plaza today. The flagship store will be located on level two near Nordstrom.

Arena STEM is a new and innovative concept that provides an interactive environment for kids and young adults to play, learn, and engage with science and technology. The 40,000 sq. foot facility offers hands-on experiences with real-life models, racetracks, events, contests, and classes that include 3-D drawing, robotics, model making, and more.

“More and more STEM curriculum has become an integral component of education in the United States and a gateway to STEM-related jobs,” said Arena STEM co-founder Sergei Manevich, who designed and developed the concept. “Arena STEM is a fun environment that utilizes STEM principles and fosters self-expression, critical thinking, and innovation.”

“Arena STEM will provide our guests a unique experience that engages them in a new and different way,” says Jay Daly, senior general manager of Westfield Garden State Plaza. “We are excited to welcome them to Westfield Garden State Plaza as we continue to expand the ways people can shop, dine, work, and play at the center.”

For more information on Arena STEM and center operations, hours, and services, shoppers can visit westfield.com/gardenstateplaza.

About Arena STEM

Arena STEM, co-founded in the U.S. by Sergei Manevich & Lenny Lozinsky, is a new and innovative edutainment concept in a retail setting, focused on activities in the technical sciences of Science, Technology, Education, and Mathematics combined with sports and hobbies. It offers people of all ages the ability to interact with the products sold through real-life models, tracks, events, contests, and classes that include 3-D drawing, robotics, model making, and more. Area STEM is supported by Starta Ventures’ partners, Alexey Girin and Serge Milman.

For further information, please visit www.arenastem.com

About Westfield Garden State Plaza

Westfield Garden State Plaza is the ultimate destination for fashion, dining, and entertainment in the NY/NJ metro area, offering the best selection of brands in every retail category. GSP is renowned for delivering new cutting-edge retail concepts to market. Just minutes from Manhattan in Paramus, N.J., millions of shoppers each year enjoy an unparalleled shopping and dining experience, personalized services, and amenities at GSP.

For further information, please visit www.westfield.com/gardenstateplaza.

Contacts

LISA HERRMANN, SR. DIRECTOR MARKETING

201-370-3343

Lisa.Herrmann@urw.com

MARJORIE WALLENS

Arena STEM, Director of Marketing

617-820-1883

marjorie@newbostoncomms.com
WWW.arenastem.com

Categories
Technology

Marotta controls developing two distinct valves for Honeybee Robotics’ Pneumatic Sampler

Design Innovations Reduce Costs by Half, Decrease Production Time, and Increase Reliability of Spacecraft Solutions

MONTVILLE, N.J.–(BUSINESS WIRE)–#JAXAMarotta Controls, a rapidly growing aerospace and defense supplier based in New Jersey, today announced that it will be supplying critical system valves to Honeybee Robotics Spacecraft Mechanisms Corporation. The two custom components—modular solenoid valves and fill & drain valves—will be used in Honeybee’s Pneumatic Sampler, which will be deployed on the upcoming JAXA MMX Martian Moons eXploration mission under contract by NASA.


With a 65-year heritage in spaceflight, Marotta has based its new MV020 solenoid valve on designs currently used in manned space missions. The fill & drain valve is a first for the company and demonstrates Marotta’s commitment to helping customers solve problems through innovation. Both can scale to meet various customer use cases beyond their initial Pneumatic Sampler applications.

Honeybee’s Pneumatic Sampler is designed to collect regolith samples from the surface of Phobos, one of the two Martian moons. The system must adhere to rigorous contamination control and planetary protection measures while being attached to a dynamic lander leg interface on the MMX spacecraft. The system requires small, light, highly reliable valves made of limited materials to control the nitrogen gas flow to and through those systems.

“Pneumatic Sampler’s systems must be hyper-ruggedized to withstand not only the harsh space environment during the interplanetary transit, but also the vibration and landing loads when the lander will ‘drop’ from up to 100 meters above the surface of Phobos,” said Dylan Van Dyne, Engineering Manager, Honeybee Robotics. “However, they also must be sensitive to internal application profiles, specifically with regards to the scientific research endeavors, which demand an extremely clean system that will not contaminate the collected sample. We needed a partner who understood the critical nature of those two factors and was willing to work with us to find the right solutions. Marotta Controls stepped up to the plate and we haven’t looked back.”

Simplified Topology Increases Development and Production Lead Times

Designed for satellite pressurization and propulsion systems, the MV020 is a robust 2-way, 2-position plunger-type solenoid valve weighing 0.75 pounds at 5 inches long. It delivers the following major advantages:

Simple, Fast Assembly: The MV020 uniquely employs a body machined out of a single piece of metal and uses a flux restrictor to control magnetics. This yields easier valve assembly. Traditional valves rely on bodies comprised of various stainless-steel alloys welded together to create the magnetic flux path; which can increase device cost and production complexity.

Efficient, Fast Testing: Given its single-piece body, the MV020 is purpose-built to be tested for design flaws before it is welded. This yields faster, more cost-effective production. Traditional components are welded together before testing and must be disassembled via machines to troubleshoot any issues, negatively impacting cost and production time.

Modularity: The MV020 is constructed via a modular approach, making it adaptable to a wide array of customer requirements. As a result, seat or internal component materials can be easily swapped for alternatives while flow capacity, coil size, and electrical design can be easily built to custom specifications. These capabilities are beneficial to system applications sensitive to specific temperatures, material compositions, chemical interactions, weights, or other factors.

New Products Solving Old Problems

The Pneumatic Sampler’s nitrogen stores require fill and drain valves to safely and efficiently transfer the compressed gas. Though one of the most common parts on the market, Honeybee’s specifications called for unique materials and functionality not readily available.

Marking its first time designing and manufacturing such parts, Marotta developed the FDV060 valves to meet stringent functionality, mass, and material selection requirements. Each valve must possess tertiary-redundant seals, weigh less than 150 grams and must contain no lubricants. The latter presents a challenge for commonly used sealing methods, which Marotta has worked around by utilizing techniques developed for low temperature solenoid valves. The FDV060 can be used with inert gases as well as various hypergolic propellants and oxidizers.

“We welcome the opportunity to reevaluate tried and true products, particularly when we can increase customer ROI. With the MV020, our engineering team developed the industry’s most customizable solenoid valve available and, because of that design, we’re able to reduce production costs as much as 50 percent,” said Brian Ippolitto, Engineering Director, Aerospace Systems of Marotta Controls. “And, we now have a new offering that, for the longest time, we felt was well covered by other suppliers. Our work with Honeybee on the fill & drain valves reminded us that one size does not fit all. We’re happy to fill those gaps.”

Marotta began MV020 and FDV060 development in March 2020 and is slated to deliver the hardware by Q1 2021.

About Marotta Controls

Founded in 1943, Marotta Controls is a fully integrated solutions provider which designs, develops, qualifies and manufactures innovative systems and sub-systems for the aerospace and defense sectors. Our portfolio includes pressure, power, motion, fluid, and electronic controls for tactical systems, shipboard and sub-sea applications, satellites, launch vehicles, and aircraft systems. With over 200 patents, Marotta Controls continues to build on its legacy as a highly respected, family-owned small business based in the state of New Jersey. Twitter: @marottacontrols LinkedIn: Marotta Controls, Inc.

About Honeybee Robotics

Honeybee Robotics develops advanced robotic and electromechanical systems that operate in challenging environments in space and on Earth. The company serves as a research and development partner to help solve its customers’ unmet needs with robotic systems that extend and enhance capabilities in extreme and unstructured environments. Since 1983, Honeybee Robotics has completed more than 350 advanced projects for NASA, the US Department of Defense, academia, and industry. Based in Longmont, CO, the company maintains offices in Pasadena, CA and Brooklyn, NY. For more, go to www.honeybeerobotics.com.

Contacts

Heather Ailara

211 Communications

+1.973.567.6040

heather@211comms.com

Katee Glass

Marotta Controls, Inc.

kglass@marotta.com

Categories
Technology

Vonage Video API to enhance online sales system provider bellFace’s sales and customer care solution

SINGAPORE–(BUSINESS WIRE)–Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, is powering Japan’s leading online sales system provider bellFace’s video call solution.

bellFace enables companies’ sales and customer support teams to maximise sales results and productivity with its easy-to-use, intuitive video call service, which offers consulting, reporting and analytics functions. Integrated within bellFace’s platform, the Vonage Video API enables users to smoothly transform offline sales activities online without needing to install or subscribe to any third-party video conferencing software.

bellFace’s eponymous online sales system was launched in 2015 and has been used by more than 2,500 companies. It allows businesses to connect with customers instantly, without the need for application installation or a URL. Users can also streamline their sales organization and management by sharing and analyzing customer interaction data with the whole team.

“Since the start of the pandemic we have seen increased interest in our solution as in-person meetings became challenging and more companies adopted teleworking. By leveraging the Vonage Video API, bellFace can offer users stable video call solutions and customise them with sales-relevant functions,” said Yusaku Matsuda, SRE Group General Manager, bellFace.

The pandemic has significantly increased the usage of video call tools. bellFace began providing free services for three months from March to May 2020, and the number of inquiries during that period was approximately 12,000 – which demonstrates the acceleration in interest and need for online business meetings. To comply with safe distancing regulations, businesses worldwide have adopted video call technology as an alternative to face-to-face meetings. In 2018 the global video conferencing market was valued just over USD3 billion. This is now estimated to more than double to USD6.37 billion by 2026.1

“Providing effective sales and customer support is crucial for business continuity. While the pandemic has accelerated the need for digital transformation, many organisations face challenges adapting to this change. Vonage helps businesses transform through easy-to-deploy solutions, enhancing their audio-visual capabilities and ensuring effortless communications,” said Sunny Rao, Senior Vice President & General Manager, Asia Pacific, Vonage.

“Vonage APIs provide great value to growing companies, like bellFace,” said Masayuki Miyazawa, Customer Solutions Architect at Vonage Japan. “The ability to scale as needed to meet customer demand and growth, as well as the flexibility of services provided by our platform, allows our customers to make strategic investments that support their expanding businesses. Enabling this kind of innovation is the value Vonage brings, and we’re excited to partner with bellFace make it easy for businesses to build the personalised, integrated, immediate and intuitive communication experiences that today’s customers expect.”

The Vonage Communications Platform has more than one million registered developers and offers a full suite of programmable voice, video, messaging, and email services to forward-thinking businesses throughout the Asia-Pacific market and worldwide. Vonage APIs allow developers to easily enhance and build innovative customer experiences directly into their existing applications and devices. Through its partners, Vonage’s platform is at the centre of many notable transformational projects in the region, and a de facto for startups.

To find out more about Vonage, visit www.vonage.com.

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About Vonage

Vonage, (Nasdaq:VG) a global cloud communications leader, helps businesses accelerate their digital transformation. Vonage’s Communications Platform is fully programmable and allows for the integration of Video, Voice, Chat, Messaging and Verification into existing products, workflows and systems. Vonage’s fully programmable unified communications and contact center applications are built from the Vonage platform and enable companies to transform how they communicate and operate from the office or anywhere, providing enormous flexibility and ensuring business continuity.

Vonage Holdings Corp. is headquartered in New Jersey, with offices throughout the United States, Europe, Australia and Asia. To follow Vonage on Twitter, please visit www.twitter.com/vonage. To become a fan on Facebook, go to facebook.com/vonage. To subscribe on YouTube, visit youtube.com/vonage.

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Contacts

Vonage Media Contact
Elise Leonard

+1 732-837-3801

elise.leonard@vonage.com

Vonage Investor Contact
Hunter Blankenbaker

+1 732-444-4926

hunter.blankenbaker@vonage.com