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NowSecure Launches Mobile App Risk Intelligence Solution to Combat Threats to Customer and Employee Security, Safety and Privacy

NowSecure

NowSecure, the industry leader in mobile application security, privacy and compliance, today announced the launch of NowSecure Mobile Application Risk Intelligence (MARI ), a definitive source of third-party risk scores supported by standards-based testing. Enterprise cyber risk managers can now quickly identify security, safety and privacy risks in third-party mobile apps from public app stores, improving compliance, safety, security and privacy. Mobile apps already rule the world, increasingly driving business operations and customer engagement, and yet they also present significant unmanaged security, safety and privacy risks. NowSecure MobileRiskTracker benchmark data shows that 85% of apps found in public app stores have security flaws, and 70% have the potential to leak personal data. NowSecure MARI delivers crucial intelligence needed to reduce the unique risks third-party mobile apps from Google Play and the Apple App Store introduce to enterprises. Mobile Apps Present Unique Risks That Other Apps Do Not Frequent updates — On average, apps release every 2 - 4 weeks and each release can bring entirely new risks. Unique access to personal data — Unlike web apps, mobile apps can access GPS, contacts, photos, metadata, health details, business data and trusted communications. Reliance on third-party components — Outside code and SDKs expand the attack surface and execute directly on mobile devices. Key Features and Benefits of NowSecure MARI: Comprehensive Third-Party App Risk Data: Enables IT Security Operations, End User Computing/MDM and Global Risk & Compliance (GRC) teams to prevent compliance failures, respond to security incidents, improve employee safety and privacy. Risk Scoring System: Offers an intuitive A-F risk rating for apps, enabling teams to streamline the app onboarding process. Scores are updated over time via periodic testing cycles. Detailed Risk Information: NowSecure Platform generates information that identifies vulnerabilities such as: Code Quality — Insecure, outdated third-party components Cryptography — Weak crypto exposing sensitive data Endpoint — PII, PHI, IP data loss, interception, modifications Networking — MITM attacks, communications to sanctioned countries and entities Privacy — Username, passwords, or hard-coded secrets Storage — Improper permissions, insecure transmission, unintended access to sensitive data "Mobile apps are fundamental to enterprise competitive advantage and access to new markets, both critical for business success. Constant change makes them rich attack vectors for cyber threats," said NowSecure CEO Alan Snyder. "With NowSecure MARI, organizations can now easily manage the security, safety and privacy risks of thousands of apps across millions of versions in their ecosystem." By leveraging NowSecure MARI, security, IT operations, and global risk and compliance teams can significantly reduce business risk while maintaining a safe and effective mobile app ecosystem. Learn more and contact us to schedule a demo and see how MARI can protect your organization. ABOUT NOWSECURE Mobile apps define an enterprise’s digital presence and drive engagement with both employees and customers. However, the rapid pace of mobile innovation introduces security, safety and privacy risks that traditional risk management technologies often miss. By partnering with NowSecure to build a Mobile Applications Risk Management (MARM) program, organizations are better protected against the risks that plague the largely insecure mobile app ecosystem. NowSecure provides policy-driven progressive testing tailored to risk tiers, combining automated continuous assessments with expert Pen Testing as a Service (PTaaS) to pinpoint and remediate security, safety, and privacy issues. This approach shrinks the mobile app attack surface and accelerates app releases. Built on a foundation of industry standards by mobile security experts, NowSecure safeguards many of the world’s leading brands and their employees, partners and customers. Contact Details Jon Brody press@nowsecure.com Company Website https://www.nowsecure.com/

October 02, 2024 12:00 PM Eastern Daylight Time

ZenaTech’s (Nasdaq: ZENA) Nasdaq Listing: A Launchpad for Growth and Innovation

ZENA

On October 1, ZenaTech (Nasdaq: ZENA ) made its debut on the Nasdaq, a pivotal milestone for the company specializing in AI-driven drone solutions and enterprise SaaS (software-as-a-service) applications. As businesses increasingly seek innovative ways to streamline operations and boost productivity, ZenaTech stands ready to meet these demands with its advanced AI drone solutions and comprehensive software applications. Under the leadership of CEO Dr. Shaun Passley, ZenaTech aims to leverage its innovative capabilities to address mission-critical business needs across sectors like law enforcement, agriculture, defense, and logistics. With over 100 enterprise software clients currently using its solutions, ZenaTech is poised to expand its investor base and accelerate future growth. “We are pleased ZenaTech has reached the status of a publicly listed company on Nasdaq,” said CEO Dr. Shaun Passley. “This achievement will help expand our universe of potential investors and will enable our growth plans for drone solutions, incorporating software and hardware innovations for inspection, monitoring, compliance, field service, and other applications to meet current customer demand.” ZenaDrone 1000: Advanced Drone Technology for Diverse Industries At the forefront of ZenaTech’s innovations is the ZenaDrone 1000, an advanced unmanned aerial vehicle (UAV) designed to meet the needs of industries ranging from agriculture to defense. This UAV combines cutting-edge machine learning software with custom hardware to deliver high precision, efficiency, and versatility. Its octocopter configuration allows for superior lift, stability, and maneuverability, while its long-lasting battery and automatic charging capabilities ensure extended flight time for continuous operations. The ZenaDrone 1000 excels in applications such as aerial surveillance, inspection, and monitoring. With a 4K stabilized camera, smart multispectral sensors, and intelligent flight modes, it’s designed for precision in data capture and analysis. Whether monitoring crops for insurance assessments or scanning power lines for maintenance, the ZenaDrone 1000 provides a reliable, cost-effective solution for companies seeking to optimize their operations. Drones as a Service: Flexible Solutions for Businesses ZenaTech further enhances its drone offerings with a flexible Drone as a Service (DaaS) model. This service allows businesses to purchase, rent, or subscribe to the ZenaDrone 1000 for scanning and surveillance purposes. Clients can share the costs of drone services with nearby entities, making advanced drone technology more accessible. ZenaTech provides expert support, including trained pilots and engineers, to ensure smooth deployment and operation of the drones. With its focus on customization, ZenaTech tailors the ZenaDrone 1000’s features—such as VTOL flight modes, carbon fiber construction, and automatic charging systems—to the specific needs of industries like construction, environmental monitoring, military surveillance, and agriculture. The drone’s robust design and range of features make it a key tool in improving operational efficiency, safety, and data collection across sectors. A Suite of Innovative Solutions ZenaTech's offerings are designed to enhance operational efficiency and reduce costs for clients across various industries. Here are some of the standout products reflecting ZenaTech's commitment to innovation and customer satisfaction: WorkAware: Streamlining Safety Management WorkAware is a comprehensive safety management platform tailored for organizations across multiple sectors. Its user-friendly interface simplifies compliance management and enhances operational workflows. Key features like journey management and location tracking empower organizations to effectively supervise remote workers,, while asset management capabilities streamline maintenance schedules. By digitizing workflows, WorkAware increases profitability and mitigates liability for businesses in high-risk environments. PsPortals: Empowering Public Safety PsPortals offers essential tools for law enforcement and criminal justice professionals, designed with input from industry experts. Its compliance with NCIC and Nlets standards ensures rapid information exchange, vital for agencies relying on real-time data access. The platform’s features, including the Portal XL, provide a zero-footprint solution that simplifies operations while enhancing security. SystemView: Automated Facility Management Initially focusing on utility industries, SystemView excels in automated facility management. Its SCADA (Supervisory Control and Data Acquisition) software provides real-time monitoring and control for various applications, ensuring operational efficiency and minimizing errors. Utilizing advanced HMI (Human-Machine Interface) software, SystemView enables remote management of complex machinery, showcasing ZenaTech's commitment to optimizing operations across diverse sectors. TillerStack: Optimizing Field Service Management TillerStack addresses the complexities of managing field service teams. With tools for dispatching, route optimization, and performance monitoring, this software empowers businesses to enhance service quality while reducing operational costs. TillerStack improves communication and real-time monitoring, significantly boosting customer satisfaction and operational efficiency. Pace+: Revolutionizing Healthcare Management In the healthcare sector, ZenaTech’s Pace+ platform offers a cloud-based electronic health record (EHR) and practice management solution. Designed for behavioral and mental health facilities, Pace+ streamlines documentation, scheduling, and reporting processes, transforming the healthcare experience with its modern, flexible platform. ZigVoice: Enhancing Contact Center Efficiency ZigVoice specializes in providing innovative solutions for contact centers, enabling businesses to achieve maximum efficiency. Its MCCS (Multi-Channel Contact Solution) platform integrates various telecommunication systems to provide unified reporting and analytics, equipping organizations to enhance customer service and streamline operations. Market Potential and Strategic Growth The rising demand for AI-driven solutions in sectors like agriculture, logistics, and public safety presents a significant opportunity for ZenaTech to expand its footprint. As industries increasingly turn to technology for operational optimization and cost reduction, ZenaTech's diverse software offerings are essential in meeting these evolving demands. ZenaTech (Nasdaq: ZENA ) is positioned as an emerging player in the technology sector, offering a range of enterprise software solutions tailored to diverse industries. With its recent listing on the Nasdaq, the company aims to leverage its capabilities in AI drone technology and SaaS solutions for future growth. As businesses increasingly look to technology for operational improvements, ZenaTech's innovative products could serve as valuable tools in addressing current challenges across various sectors. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performances are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by the company to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third-party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 Company Website http://razorpitch.com

October 02, 2024 10:41 AM Eastern Daylight Time

Diamond Home Support Extends its Home Cleaning Services Due to High Demand

Rev Up Marketers

Diamond Home Support is a well-established provider of professional home cleaning services in the UK. In the latest development, the company announces an extension of its services due to a significant upward trend in the home cleaning market, underscoring a substantial shift in consumer behavior. As we move towards 2025, the demand for home cleaning services continues to rise, particularly among homeowners under 35, with a remarkable 40% now utilizing home cleaning services regularly. This surge in demand can be attributed to various factors, including the recent shift to remote work and heightened hygiene awareness following the Covid pandemic. Many households have come to view professional cleaning services not merely as luxuries but as essential components of maintaining a healthy and comfortable home environment. With these new developments, Diamond Home Support now offer a wide range of local cleaning services across more of the UK, ensuring that homeowners receive the services they require. With a network of over 200 local offices, Diamond Home Support provides regular house cleaning, end-of-tenancy cleaning, and specialized services like spring cleaning and antiviral sanitation. Their experienced, vetted, and insured cleaners deliver consistent, high-quality services, allowing customers to develop a rapport with the same cleaner for each visit, ensuring their unique needs are met. In addition to cleaning, many of our local offices offer comprehensive home help services, including laundry, bed making, shopping, and companionship. The company understands that maintaining a home goes beyond cleaning, so they also provide gardening services such as grass cutting, weeding, and pruning in select areas. The aim is to enhance the quality of life for their customers by providing reliable and affordable services tailored to their individual requirements. Andrew Watton, Managing Director and Founder of Diamond Home Support, states that the market is witnessing a lasting change in how people prioritize home cleanliness. The trend indicates a growing inclination among younger generations to invest in services that enhance their quality of life, allowing them to reclaim time for leisure and personal interests. In the wake of economic fluctuations and cost-of-living challenges, the home cleaning sector has demonstrated remarkable resilience, with spending on cleaning services increasing by over 50% in the past six years. Andrew emphasizes the need for cleanliness and time savings remains a top priority for many households. Even in challenging economic times, the demand for professional cleaning services continues unabated. As the home cleaning market continues to evolve, Diamond Home Support remains committed to meeting the needs of its customers, providing high-quality cleaning services that enhance the quality of life for families and individuals alike. About the Company - Diamond Home Support Diamond Home Support is one of the largest cleaning franchise operators in the UK, dedicated to providing high-quality cleaning services to homes across the country. With a focus on reliability and customer satisfaction, Diamond Home Support aims to make professional cleaning accessible and convenient for all. The company prides itself on its strong network of franchisees, ensuring that customers receive exceptional service tailored to their individual needs. Contact Details Diamond Home Support Andrew Watton press@diamondhomesupport.com Company Website https://diamondhomesupport.com

October 02, 2024 08:33 AM Eastern Daylight Time

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Utilities Sector (XLU) Portfolio Highlights

Select Sector SPDR

The Utilities Select Sector SPDR Fund (XLU) may provide investors with critical insights for informed investment decision-making within the utilities sector. XLU's Key Components* The top 10 holdings of the Utilities Sector ETF XLU are led by some of the most influential players in the industry. These holdings represent approximately 60% of the fund’s total assets, reflecting XLU's focus on key utility companies. The detailed list of the top 10 holdings is as follows. NextEra Energy: 14.17% Southern Co.: 8.03% Duke Energy Corp: 7.30% Constellation Energy Corp: 6.55% American Electric Power: 4.42% Sempra Energy: 4.30% Dominion Energy: 3.91% Public Service Enterprise: 3.59% PG&E Corp.: 3.46% Vistra Corp.: 3.30% With over $18 billion in assets and a low total expense ratio of just 0.09%**, XLU offers a cost-effective entry into the essential utilities industry. Decoding XLU's Investment Strategy XLU’s investment strategy is tailored to the unique dynamics of the utilities industry, focusing on companies that are S&P 500 components and integral to the nation’s economic infrastructure. By concentrating on these key players, XLU ensures that investors are exposed to companies that power our homes and businesses. For more information, please visit the official website. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 9/30/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007823 EXP 11/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

October 02, 2024 05:00 AM Eastern Daylight Time

Market Alert: Silexion Therapeutics (NASDAQ: SLXN) Sees Record Volumes Following Breakthrough Preclinical Data for SIL-204

Global Markets News

Shares of Silexion Therapeutics (NASDAQ:SLXN) are seeing significatnly today after the company announced promising new preclinical data for its next-generation siRNA candidate, SIL-204. The stock saw a significant initial of price spike of over 50% in pre-market activity as investors responded to the latest developments in Silexion's RNA interference (RNAi) platform, which targets KRAS-driven cancers. As of now, volume is at record highs, currently standing at over 50 million shares today. The company revealed that SIL-204, an extended-release microparticle formulation, demonstrated substantial tumor reduction and necrosis in mouse models of pancreatic cancer bearing the KRAS G12D mutation—one of the most common mutations found in pancreatic cancer patients. This latest data builds on a string of recent successes for Silexion, including its September 24 announcement of results from the Phase 2 trial for its first-generation product, LODER™, which showed significant improvements in tumor resectability among non-resectable pancreatic cancer patients. Alongside the new preclinical results, Silexion has recently reported plans to begin toxicology studies for SIL-204 in preparation for Phase 2/3 clinical trials expected to commence in the first half of 2026. The company is also expanding the application of its siRNA technology to colorectal cancer models, reflecting its broader ambitions to target multiple KRAS-driven cancers, which are notoriously difficult to treat with conventional therapies. While stock price has pulled back since premarket, The spike in Silexion’s market activity as marked by these record high volumes (according to market data) may highlight the growing market interest in the company’s novel approach to tackling cancers with high unmet medical needs, particularly its focus on KRAS mutations, which are common across a variety of aggressive cancers, including pancreatic and colorectal cancer. Silexion’s continued momentum in the precision oncology space potentially positions it as a leading player in the development of next-generation RNAi therapies. With its promising pipeline and recent positive developments, the company seems to be gaining attention as it advances toward clinical trials that could offer new hope for patients battling some of the deadliest cancers. Click here to read Silexion's full announcement *** This update is for informational purposes only and is not intended to serve as financial, investment or any form of professional advice, recommendation or endorsement. Please review the full documentation detailing financial compensation disclosures and disclaimers the article is subject to. [https://justpaste.it/ab9dn/pdf]. Global Markets News Network is a commercial digital brand compensated to provide coverage of news and developments related to innovative companies as detailed in the full documentation and it is thus subject to conflicts of interest. Contact Details News Coverage ronald@futuremarketsresearch.com

October 01, 2024 11:47 AM Eastern Daylight Time

TRON DAO Completes Security Assessment Conducted by ChainSecurity, Strengthening Network Integrity

TRON DAO

Geneva, Switzerland – September 30, 2024 – TRON DAO has successfully completed a security assessment of its Java-Tron client, conducted by leading blockchain security firm ChainSecurity. The assessment, which focused on key components such as the TRON Virtual Machine (TVM), consensus mechanisms, and Peer-to-Peer (P2P) interactions, aimed to proactively identify and resolve any vulnerabilities that could potentially affect the TRON blockchain’s performance, including transaction execution, block generation, and consensus operations. Key Findings and Solutions ChainSecurity uncovered several vulnerabilities that, if exploited, could have impacted network performance or even caused disruptions. The TRON development team acted swiftly to address these issues. Below are some of the most notable findings and the solutions that were implemented to ensure network stability and security: 1. PBFT Messages Creating State Expansion A significant issue was found with PBFT (Practical Byzantine Fault Tolerance) messages, which could have caused unbounded memory expansion, potentially leading to a Denial-of-Service (DoS) attack. Solution: The system was updated to ensure PBFT messages are only processed when PBFT is enabled, preventing excessive memory consumption. 2. Unpermissioned Censoring of Fork Blocks An attacker could have censored legitimate fork blocks by creating a fork chain with fake blocks. Upon detection, the entire fork, including valid blocks, would have been discarded. Solution: The new code now filters out blocks from invalid producers before processing, ensuring network consistency. 3. Resource Consumption by Blocks Not Signed by Witnesses The assessment revealed that blocks without witness signatures were still being processed, consuming valuable resources such as memory, storage, and CPU. Solution: Blocks failing the signature check are now discarded immediately, preventing unnecessary resource usage and safeguarding network performance. TRON DAO’s Commitment to Security Commenting on the collaboration, a Founding Partner & Head of Sales, Emilie Raffo from ChainSecurity said: "It's always a pleasure getting on-boarded into new ecosystems and being able to provide value. We worked closely with the TRON team to identify and resolve vulnerabilities, strengthening the network’s overall security and performance. We look forward to many more years of fruitful collaboration to secure the TRON ecosystem." Dave Uhryniak, Community Spokesperson for TRON DAO, further stated: “Security is paramount to the growth and trust within any blockchain ecosystem. ChainSecurity’s security assessment of TRON has further strengthened our network’s resilience, ensuring that we continue to provide a secure and efficient platform for our global user base. This marks another milestone in our ongoing commitment to enhance the safety and reliability of the TRON network.” TRON DAO’s collaboration with ChainSecurity highlights its dedication to proactively identifying and resolving security challenges. This security assessment reinforces TRON’s commitment to protecting user assets and data across its network. Enhanced Security for TRON’s Ecosystem With these issues identified and resolved, TRON’s security infrastructure has been significantly strengthened, ensuring that the network continues to operate at an optimal level. ChainSecurity’s assessment reaffirms TRON’s dedication to maintaining the highest standards of security, providing a safe and reliable environment for its global user base. Want to Learn More? For a detailed breakdown of the findings and solutions, check out the full security assessment report: ChainSecurity Java-Tron Security Assessment Report. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of September 2024, it has over 256 million total user accounts on the blockchain, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network About ChainSecurity ChainSecurity is among the oldest and most trusted smart contract audit companies. Their team conducts smart contract audits since 2017 and is trusted by long-term partners, such as MakerDAO, Circle, Curve, Lido, TRON, Compound, Yearn, Tether, Argent, FUEL and others. In addition to its history of responsible vulnerability disclosures, in the Ethereum protocol itself and in live smart contract code, ChainSecurity has a history of developing new security tools and discovering new types of vulnerabilities. Media Contact ChainSecurity Marketing Team contact@chainsecurity.com Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

October 01, 2024 11:13 AM Eastern Daylight Time

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Benchmark International Successfully Facilitated the Transaction Between D TEL Telecommunications, Inc. and Responsive Technology Partners

Benchmark International

Benchmark International has successfully facilitated a transaction between Gastonia, NC-based D TEL Telecommunications, Inc. (D TEL) and Atlanta, GA-based Responsive Technology Partners (RTP). D TEL is a systems integrator that distributes and installs premise, hybrid, and cloud-based phone systems, paging, surveillance, access control, and sound systems. D TEL additionally offers dial tone brokering and wholesales telecom products. Founded in 1984, D TEL has been serving the small and midsize business (SMB) sector, focusing on the healthcare, medical, manufacturing, and service industries in North and South Carolina for 40 years. Responsive Technology Partners provides IT support services throughout North Carolina, Virginia, Georgia, Florida, and other US customers. They are a major leader in the MSP industry, having achieved growth both organically and by acquisition means. RTP offers services that include IT support, cybersecurity and compliance, telephony, cloud services, cabling, access control, and camera systems. "The entire Benchmark team is exceedingly pleased with this great new partnership between D TEL Telecommunications and Responsive Technology Partners," commented Benchmark Senior Transaction Director William Sullivan. "D TEL President Jim LaBrec and his team have done an outstanding job building and positioning their great company in a very attractive market. We believe that RTP will be a great steward of D TEL's storied legacy, and we wish the combined team all the best moving forward." ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

October 01, 2024 10:54 AM Eastern Daylight Time

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Velocity Global Named a Leader in NelsonHall’s Global Employer of Record (EOR) Evaluation for the Fourth Time in a Row

Velocity Global

Velocity Global, the world’s expert on work, announced today that it was positioned as a leader in the 2024 Vendor Evaluation & Assessment Tool (NEAT) for global EOR services by NelsonHall. The report recognizes Velocity Global for both its ability to deliver immediate customer benefits as well as its capabilities to meet future customer needs. This marks the fourth time in a row that Velocity Global has earned this distinction, solidifying its position as a trusted partner for companies expanding their global presence. "Deploying a global workforce is extremely complex, as companies need to navigate a maze of varying regulations, compliance needs, and talent expectations in different countries," said Jeanine Crane-Thompson, Principal Analyst at NelsonHall’s HR & Talent Transformation practice. "Velocity Global’s blend of strategic R&D investments and compliance expertise has transformed them into a critical partner for companies looking to accelerate global growth. Their comprehensive EOR solution allows organizations to focus on their expansion goals without the burden and potential risks of logistical and legal complexities." As a trailblazer in global workforce solutions, Velocity Global empowers companies to hire, manage, pay, and retain talent, anywhere in the world. Over the years, Velocity Global has evolved from offering a point solution to being a strategic partner to its customers as they execute on their global growth plans. Velocity Global’s powerful combination of its self-service Global Work Platform and its deep legal and HR expertise ensures seamless compliance, no matter how complex the jurisdiction. Both employers and employees benefit from a frictionless, user-friendly experience. In its 2024 report, NelsonHall highlights several strengths that contributed to Velocity Global’s positioning as a leader, including: Mature EOR market provider: Velocity Global offers a compliant, integrated EOR solution that enables multinational companies to confidently hire across borders. Technology roadmap: Velocity Global’s roadmap is centered on AI-driven enhancements, expanded platform integrations, and robust self-service functionality. Competitive service offerings beyond EOR: Velocity Global offers an array of services beyond EOR, including global benefits, immigration support, pensions, equity management, and office space logistics. ”The ability to hire anyone, anywhere is a huge differentiator as companies expand across geographies and tap into underutilized talent pools,” says Francoise Brougher, CEO of Velocity Global. “To simplify and streamline this process for customers, we invest in our technology. This, coupled with our extensive in-country and compliance expertise, means customers can have peace of mind and focus on growing their business.” This latest recognition reinforces Velocity Global’s unwavering commitment to empowering businesses with the tools and expertise to navigate the complexities of the global workforce landscape and drive sustained growth. To learn more about what sets us apart, download the report [ here ]. For more information on how Velocity Global makes opportunity borderless for people everywhere, visit www.velocityglobal.com. About Velocity Global Velocity Global gives you the power to build your team everywhere—combining seamless technology and local expertise in 185+ countries. We make it simple to compliantly hire, pay, manage, and retain talent anywhere. With Velocity Global, the world is yours. About NelsonHall NelsonHall is the leading global analyst firm dedicated to helping organizations understand the 'art of the possible' in digital operations transformation. With analysts in the U.S., U.K., Continental Europe, and Asia, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And, for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall's analysis is based on rigorous, primary research, and is widely respected for the quality and depth of its insight. Media Contact: press@velocityglobal.com Contact Details Media contact +1 720-650-4348 press@velocityglobal.com Company Website https://velocityglobal.com/

October 01, 2024 07:47 AM Pacific Daylight Time

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Canoo’s Oklahoma Plant Becomes First Automotive Foreign-Trade Zone In The State, Cutting Red Tape And Reducing Fees

Benzinga

By Meg Flippin, Benzinga Canoo Inc. (NASDAQ: GOEV), the high-tech advanced mobility company churning out fully electric lifestyle vehicles, just got the final nod from the U.S. Customs and Border Protection (CBP) for its Oklahoma City operations to become the first automotive Foreign-Trade Zone in the state. Foreign-Trade Zones (FTZs) are specially designated sites close to U.S. ports that importers and exporters use to move goods in and out of the country. Companies operating in FTZs pay reduced or zero duties, taxes or fees. FTZs help U.S. companies to compete better on the global stage by streamlining logistics, minimizing regulatory hurdles and better controlling inventory. Perks offered for being In Oklahoma City’s FTZ include duty elimination on previously imported material, materials that are re-exported, rejected, scrapped, wasted or return-to-vendor imported material and sales of imported materials or finished products containing imported components to companies operating in other U.S. FTZs. Duties are deferred for manufacturing in the U.S. and selling domestically. Other perks include just-in-time delivery, quotas and reduced customs delays, as well as the ability to hold merchandise in a foreign-trade zone indefinitely. Canoo Bolsters Oklahoma Plant Canoo’s Oklahoma plant, which the company opened last April, occupies close to 500,000 square feet, with the ability to expand, and can employ over 500 people at capacity! Canoo recently added to the Oklahoma plant’s occupancy by migrating its engineering workforce from California to the state. Canoo said one of the main reasons for the move to Oklahoma is to have engineering and manufacturing under one roof. The company said the strategic decision will “drive operational efficiencies and foster greater collaboration as Canoo continues to meet goals towards its step level ramp manufacturing.” That’s becoming a reality thanks in part to its two tranches of new or like-new advanced manufacturing assets, formerly owned by Arrival Automotive UK Limited, at its facility in Oklahoma City. The received assets will bolster in-house processes and enable higher cabin line production volumes in 2025, the company said. “We thank Oklahoma City Customs Port Director Pequano and the Dallas U.S. Customs and Border Protection Area Port office for the work, support and direction for the activation approval. It's great to get this milestone completed as it's part of a larger strategy with more to come,” said Tony Aquila, Investor, Executive Chairman and CEO of Canoo. The company said the FTZ is a big deal toward “harmonizing” its supply chain and protecting it from the whims of other countries. Being in the FTZ also provides stability against a tariff landscape that has the potential to change in 2025. Reimaging Fully Electric Vehicles Canoo makes a suite of fully electric delivery vehicles (LDVs) that are built on a modular design. The modular electric platform is designed to maximize vehicle interior space, enabling it to be customizable across owners and applications. With a robust lineup of electric LDVs, including delivery vehicles, pickup and lifestyle vehicle (LV), Canoo is attempting to do to the commercial transportation market what Tesla (NASDAQ: TSLA) did to the consumer EV market with its lineup of sedans, SUV and truck. It doesn’t hurt that Canoo makes its LDVs with what it says are eco-friendly materials with the smallest footprint. Canoo’s delivery vehicles are designed to be modular, built for global roads and a variety of commercial uses. Canoo is focused on driving value for fleets by reducing total cost of ownership and maximizing utilization through software solutions and customized upfitting. It also sticks to a clean, minimalist shape that has gotten recognition, most recently receiving several Red Dot Design Awards. The Red Dot Award is an annual international competition recognizing excellence in design and among the world’s largest design competitions, validating Canoo’s approach to design. Learn more about Canoo Inc. by checking out its investors website here. Featured photo courtesy of Canoo. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 01, 2024 09:25 AM Eastern Daylight Time

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