Category: Press Releases

SALT LAKE CITY, UT / ACCESSWIRE / January 30, 2024 / CenExel, a leading clinical research organization, is thrilled to announce the appointment of Diana Shuster, PhD, as the new Vice President of Clinical Sciences. In her role, Dr. Shuster will bring her extensive expertise in Early Phase and Translational medicine to lead and advance clinical development initiatives at CenExel.

Dr. Shuster, a clinical pharmacologist, has a rich background in the pharmaceutical industry, having worked across various sectors including midsize and big pharma. Her experience includes notable contributions to companies such as Seattle Genetics, AbbVie, PRA Health Sciences/ICON, and most recently, Recursion, where she served as the clinical pharmacology lead for several compounds in clinical development, as well as the project team lead for a rare disease compound in Phase 2 development.

CenExel Chief Executive Officer Stuart Goldblatt expressed his excitement about Dr. Shuster joining the team, stating, "We are thrilled to welcome Dr. Shuster to CenExel. Her impressive background in Early Phase and Translational medicine, coupled with her extensive experience in leading clinical pharmacology strategy, makes her a valuable addition to our leadership team. We look forward to leveraging her skills to drive innovation and growth within our organization."

Dr. Shuster herself expressed her enthusiasm about joining CenExel, saying, "I am incredibly excited to join CenExel and contribute to the trailblazing work they are doing in clinical research. The commitment to excellence, innovation, and collaboration at CenExel aligns perfectly with my own values. I look forward to being a part of this team and contributing to the advancement of medical innovations."

In addition to her professional achievements, Dr. Shuster is a lifelong learner, highly motivated by acquiring new knowledge. She values ownership, excellence, and the camaraderie of a great team. Known for her approachability, she encourages others to come to her with any questions, fostering a collaborative and supportive environment.

Dr. Shuster is excited about the opportunity to contribute to the vision of CenExel and looks forward to collaborating with the entire team.

Contact Information

Sara Koeblin
Director of Corporate Communications
s.koeblin@cenexel.com
(617) 639-6075

SOURCE: CenExel

View the original press release on newswire.com.

TORONTO, ON / ACCESSWIRE / January 30, 2024 / Konverge Digital Solutions, a leading force in custom software development, is celebrating its 30th anniversary this year. Founded in 1994, the Toronto-based company has been at the forefront of technological innovation, redefining the standards of excellence in the industry.

Over these three decades, Konverge has earned a reputation as the premier software development company in Toronto, a recognition built on a foundation of relentless dedication and exceptional expertise. This milestone reflects the company’s commitment, creativity, and the high caliber of its team and clientele. Konverge expresses deep gratitude to all those who have played a pivotal role in its journey to becoming a distinguished name in the software development sector.

As a leader in software application development in Ontario, Konverge ‘s success story is one of trust and dedication. The company thanks its esteemed clients and partners, whose support has been crucial to its growth and achievements. Through collaboration, Konverge has overcome complex challenges, delivering innovative solutions with a significant global impact.

This anniversary is a testament to Konverge’s continuous innovation, commitment to quality, and passion for exceeding expectations. Looking to the future, the company is excited to leverage emerging technologies and explore new opportunities, continuing to drive the digital revolution.

Anniversary Highlights: A Roadmap of Konverge’s Evolution

1994: Foundation of Konverge, spearheading innovative software development.

2000: Strategic partnership with Armstrong Fluid and Technology.

2012: Launch of Field Eagle, revolutionizing inspection processes.

2014: Global expansion, amplifying our development capabilities.

2018: Introduction of MenuSano, transforming food service industry analytics.

2020: Unveiling a groundbreaking automotive industry product.

2024: Celebrating our 30th Anniversary, three decades of digital excellence.

Impact and Milestones: Konverge’s 30-Year Legacy

Rapid Growth: Konverge has experienced a 50% yearly increase in project volume, underscoring its growing capabilities and market trust.

Scaling Success: The company has evolved from small-scale projects to multimillion-dollar ventures, showcasing its enhanced expertise and market confidence.

Exceeding Milestones: With over 2,000 successful projects, Konverge demonstrates its unwavering commitment to excellence and customer satisfaction.

Global Expertise: Growing from a handful of innovators to a worldwide team of over 200 professionals, Konverge unites diverse skills and visions under one goal.

Are you looking to embark on a journey of digital transformation? Whether you’re a forward-thinking corporation seeking expert software development services, or innovative solutions like Field Eagle and MenuSano, or needing expert software development services, Konverge Digital Solutions empowers your vision.

Contact Information: Phone: 1-866-640-2345, Email: sonia.couto@konverge.com

Contact Information

Sonia Couto
Managing Director
sonia.couto@konverge.com
866-640-2345

SOURCE: Konverge Digital Solutions

View the original press release on newswire.com.

MIAMI, FL / ACCESSWIRE / January 30, 2024 / QuickNode, a blockchain infrastructure platform that helps scale DApps and provides high-performance access to blockchains, announced the launch of Immutable zkEVM, a Layer 2 blockchain designed for gaming projects. Immutable zkEVM will provide Web 3 gaming developers with seamless building tools, combining the compatibility of Ethereum Virtual Machine (EVM) with high scalability and Ethereum-grade security for web3 games.

By incorporating Immutable zkEVM into QuickNode’s ecosystem, the team aims to elevate the gaming experience for developers and players alike, pushing the boundaries of web3 gaming with robust, scalable, and secure blockchain solutions. This first-of-its-kind technology is a step towards revolutionizing blockchain gaming, intending to bring seamless gaming development of web3 games to the masses.

Immutable zkEVM is a novel technology built specifically for blockchain gaming development. The platform is engineered for the blockchain gaming industry, providing developers with optimized scalability, speed, and user-centric experiences. The platform transcends basic developer tooling, focusing on empowering game studios with vital resources like liquidity, community, and powerful network effects.

Following its launch on QuickNode, gaming developers and users will be able to unlock the potential of Ethereum capabilities via the EVM compatibility feature, scale their platform to global audiences while reducing transaction costs, and leverage the security model of the Ethereum blockchain. Additionally, the platform is also building a solution to eliminate gas fees for players, ensuring a seamless and affordable gaming experience for all players.

Unlike other zkEVM rollups, Immutable zkEVM offers a fully-fledged web3 gaming platform, with a suite of compatible products to ease gaming development. Some of the tools include Passport, Orderbook, and Checkout. This one-stop-shop approach simplifies the process of building web3 games, providing developers with a comprehensive EVM solution tailored for gaming.

Immutable zkEVM’s team selected QuickNode as its preferred blockchain infrastructure platform due to these seamless building tools. QuickNode allows developers to focus on building their decentralized applications (DApps) instead of everything else that goes into running a node, including DevOps/NodeOps, uptime, scaling, security, etc. This saves developers precious time and resources, allowing them to get their DApps faster to market while minimizing obstacles that come with node maintenance and synchronization.

"We are thrilled to welcome Immutable zkEVM to the QuickNode platform," says Dmitry Shklovsky, CEO of QuickNode. "This integration marks a significant milestone in our mission to advance blockchain technology in the gaming sector. By blending EVM compatibility, scalability, and Ethereum security, we’re setting new standards for gaming experiences and empowering developers and players in unparalleled ways. This is a huge leap forward in our ongoing effort to democratize access to high-quality blockchain infrastructure, and we can’t wait to see the incredible gaming experiences our community will create with this powerful new tool."

With the launch of Immutable zkEVM, game developers can now build futuristic games, unlock new revenue streams and safeguard their communities. The platform ensures a smooth, frictionless and seamless gaming experience for users too. To supplement game development, Immutable zkEVM comes with a testnet, providing a sandbox environment for developers to innovate in-game asset minting and economy designs, accessing all of Immutable’s platform products without risk.

About Immutable zkEVM

Immutable zkEVM is a novel chain for games that offers developers EVM compatibility, high scalability, low transaction costs, and leverages Ethereum’s security to provide a seamless environment to build blockchain games. Launched by Immutable Group, the technology aims to revolutionize gaming development, providing tools and resources that enable advanced gameplay – with custom smart contracts, rich economies, and on-chain mechanics.

The platform is built on Polygon, enabling developers to create advanced tokenomic functionalities, advanced gameplay mechanics, and a gas-free model for games.

About QuickNode

QuickNode is a blockchain infrastructure solution that helps over 26+ blockchain ecosystems to scale, including DApps on Ethereum, BNB Chain, Optimism, Polygon etc. Since its launch, in 2017, the firm has worked with hundreds of developers and companies, helping scale dApps and providing high-performance access to several blockchains.

The platform makes it simpler to power blockchain applications and scale up as more users join DApps. From elastic APIs, to powerful tools & analytics, QuickNode allows users to manage their platforms through a simple control panel.

Contact:

Kyle Gannon
kyle@quiknode.io

SOURCE: QuickNode

View the original press release on accesswire.com

BUCHAREST, ROMANIA / ACCESSWIRE / January 30, 2024 / The highly anticipated Crypto Expo Europe (CEE) will take over the luxurious Radisson Blu Hotel in Bucharest, Romania on March 3. The two-day event, the largest crypto and blockchain conference in Eastern Europe, is expected to attract over 3,000 attendees including leading lights from the worlds of tech and crypto, as well as institutions, regulators, entrepreneurs, and avid Web3 enthusiasts.

Located just 3km from the country’s iconic Palace of Parliament, the Radisson Blu Hotel’s impressive 5,000 sqm expo space is the perfect destination for an event set to run from 9am to 9pm over both days, one that offers attendees an immersive experience in the world of blockchain and crypto. Attendees, sponsors and speakers will commandeer 250 rooms of the host hotel which is guaranteed to be a hub of lively activity.

"Crypto Expo Europe is a pivotal event aimed at educating and shaping the cryptocurrency market, particularly in Eastern Europe, which is experiencing a substantial surge in crypto adoption and development," said Ruxandra Tataru, Co-founder and CEO of Crypto Expo Europe.

"‌This year’s edition reflects the growing interest and positive momentum in the region’s crypto market, and its burgeoning tech landscape, coupled with a high rate of crypto adoption, sets the stage for an event of paramount importance and substantial impact."

Many of the industry’s biggest names are slated to appear at the event, among them Binance, OKX, Gemini, KuCoin, CoinDesk, and Crypto.com, making it a must-attend conference for crypto’s movers and shakers. CEE will cover a wide array of industry topics including How to Choose Your Exchange, Consumer Protection (Institutional Perspective), The Evolution of Blockchain Technology and the Tokenization of Real World Assets, among others.

Keynote speakers, meanwhile, include Kyrylo Khomiakov, CEE & CIS Manager at Binance, Seker, Senior Vice President at Crypto.com, Kristina Lucrezia Cornè, Editor-in-Chief at Cointelegraph, as well as BIRB NEST founder Adrian Zduńczyk and Forbes 30U30 Entrepreneur Evan Luthra.

"CryptoExpo Europe 2023 was an amazing event right in the middle of Bucharest where we had the chance to interract with representatives from the industry, build new connections and interract with the local press. Attending the event will definitely allow you to connect with quality people." Said Ilie (Elijah) Puscas – Country Manager of Binance

MICA regulation is likely to be one of the most talked-about topics under the microscope at this year’s Crypto Expo Europe, particularly with many government representatives, institutions and regulatory figures in attendance. The Markets in Crypto Assets Regulation entered into force last June, offering crypto-asset service providers a regulatory framework for the first time.

The world’s leading web3 PR and Marketing Agency, MarketAcross, will also be joining the event to support global press initiatives. This follows multiple web3 events where MarketAcross served as the official media partner like Korea Blockchain Week, India Blockchain Week, WebX, IVS Kyoto and Paris Blockchain Week on the horizon.

A highlight of this year’s Crypto Expo Europe will be its official Hackathon, which offers Web3 builders the opportunity to showcase their projects and gain industry recognition. The CEE will also culminate with a prestigious Awards Gala, celebrating the most impressive achievements and innovations in the sector over the last 12 months and marking the crowning moment of the summit.

As well as being a conference, the CEE is a glitzy networking event that gives ticket-holders access to a range of workshops, seminars, exhibitions, breakout sessions, and parties. Tickets are available in Standard, Premium, and VIP formats, with VIP options granting exclusive access to a VIP Lounge and the aforementioned Award Gala.

For more information and to purchase tickets, please visit cryptoexpoeurope.com.

About Crypto Expo Europe

Crypto Expo Europe is the largest blockchain and crypto event in Eastern and Central Europe, attracting thousands of attendees and many of the industry’s highest-profile speakers and companies. The 2024 edition of the CEE will take place in Bucharest, Romania, on March 3-4.

Website | X | Facebook | Instagram | Telegram | LinkedIn

Contact:
Name: Ruxandra Tataru
Email: office@cryptoexpoeurope.com

SOURCE: Crypto Expo Europe

View the original press release on accesswire.com

Nation’s Largest Urgent Care Provider Ranks at Top of Health Services Category

BIRMINGHAM, AL / ACCESSWIRE / January 30, 2024 / American Family Care (AFC), the nation’s leading provider of accessible primary care, urgent care, and occupational medicine, begins the new year celebrating the remarkable achievement of ranking among top franchises on Entrepreneur’s 2024 Franchise 500®. After a year of celebrating dozens of clinic openings, AFC leads the urgent care industry as Entrepreneur’s No. 1 miscellaneous health services and among their top 100 overall brands.

American Family Care is listed at No. 71 in the newly released 2024 rankings, climbing 10 spots from the previous Entrepreneur list.

"Earning the top spot in our category and rising in the ranks on this prestigious franchise ranking is a clear indicator of our brand’s strength and the exceptional work of our entire team," said Randy Johansen, CEO of AFC. "We are excited to build on this momentum and continue our expansion, bringing quality healthcare to more communities in 2024."

In 2023, AFC continued its impressive growth trajectory by opening 71 new clinics, resulting in a total of 365 locations across the United States. "Last year was a landmark year for AFC, not just in terms of expansion but also in solidifying our position as a leader in the urgent care industry. Our move up the Franchise 500 list reflects our commitment to excellence and our focus on the future. We’re now more equipped than ever to support our franchisees as we head into 2024," said Johansen.

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s ranking formula also continues to evolve. The editorial team researches and assesses several factors, including costs.

"Every brand on the Franchise 500 has its own unique story, but they all collectively make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people," says Jason Feifer, editor-in-chief of Entrepreneur magazine.

To view American Family Care in the full rankings, visit http://www.entrepreneur.com/franchise500.

The list can also be seen in the January/February 2024 issue of Entrepreneur, available on newsstands now.

Media Contact:
Nancy Bostrom
nbostrom@919marketing.com
919-459-8163

About American Family Care:

Founded by Dr. Bruce Irwin with a single location in 1982, American Family Care has pioneered the concept of convenient, patient-centric healthcare. Today, with more than 365 clinics and 1,500 in-network providers caring for millions of patients a year, AFC is the nation’s leading provider of urgent care, accessible primary care, and occupational medicine. Ranked by Inc. magazine as one of the fastest-growing companies in the United States, AFC’s stated mission is to provide the best healthcare possible, in a kind and caring environment, while respecting the rights of all patients, in an economical manner, at times and locations convenient to the patient. For more information, visit www.americanfamilycare.com.

SOURCE: American Family Care

View the original press release on accesswire.com

Planck Concludes Robust Year, Earns Recognition as a 2023 Gartner Cool Vendor in Insurtech Adding GenAI

NEW YORK, NY / ACCESSWIRE / January 30, 2024 / Planck, the trusted leader in AI-based risk research and data solutions for commercial insurers and producers, today announces the close of a momentous year, having been recently named to the 2023 Gartner® Cool Vendors in its ‘Insurtechs Adding GenAI’ report. The report highlights the role of GenAI in insurance, industry applications and early adopters. Planck earned the recognition as it "represents novel solutions to some common insurance use cases in the commercial and life insurance industries," according to Gartner.

Planck leverages the power of GenAI to provide real-time risk and underwriting insights to commercial insurers, agents, and underwriters, ensuring clarity and openness in the process. Fulfilling a need in the market, over the past year, Planck has seen a significant increase in user growth on its platform, and notably, Planck’s PLUS Risk Workbench has gained substantial traction among insurance underwriters and agents in the U.S.

Among the reasons for earning this recognition, Gartner highlighted the pivotal role that Planck plays in delivering quality property & casualty (P&C) underwriting insights amidst the current backdrop of the challenging market conditions for commercial lines. The report notes, "Anyone tasked with improving the quality of underwriting insights, especially in casualty lines, should consider evaluating Planck’s solution to surface such insights using GenAI."

"We are honored to be acknowledged by Gartner for our novel approach to GenAI in insurance," says Planck Co-Founder and CEO, Elad Tsur. "In the commercial insurance sector, the significant potential for automation through GenAI is clear, especially in underwriting, sales, and support. Planck is dedicated to leading in this space, providing top-tier tools and data insights to enhance risk prediction and improve loss ratios for the commercial industry."

This recognition drives even more momentum for Planck, which recently launched Planck PLUS, the first GenAI-enhanced underwriting risk workbench to provide greater accuracy, transparency, and deeper risk insights for commercial insurers. To date, global carriers have demonstrated strong interest and adoption. Planck also recently marked a notable investment from IAG to help bring its underwriting automation operations to the Australian commercial insurance market.

To learn more about Planck and its premier product, Planck PLUS, visit Planckdata.com.

*Gartner, Cool Vendors in Insurtechs Adding GenAI, By Richard Natale, Sham Gill, Chuck Thomas, Rajesh Narayan, 17 October 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and COOL VENDORS is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Planck:

Planck is the trusted global leader in AI-based risk research and data solutions for commercial insurers. Through its GenAI platform, Planck empowers commercial insurers to most effectively analyze and generate business risk data – driving service and underwriting excellence by connecting the most up-to-date and complete insights with limited submission input. Carriers, MGAs, and insurtechs worldwide leverage Planck’s holistic solution for customer acquisition and growth strategies, submission validation, underwriting new business, and more. The platform makes managing risk more predictable, allowing its clients to increase written premium while reducing loss and expense ratios – in addition to providing the comprehensive protection businesses need.

For more information, visit www.planckdata.com. Follow Planck on LinkedIn and X.

Media Contact:

Derrius Rodgers
Caliber Corporate Advisers
derrius@calibercorporate.com

SOURCE: Planck

View the original press release on accesswire.com

SAN DIEGO, CA / ACCESSWIRE / January 30, 2024 / From cars to buses, the electrification of vehicles is taking off. But powering all that green energy is expected to tax the power grid, an aging system long in need of an overhaul. That is making the transition to an EV future more difficult. After all, what is the point of having a fleet of EV cars or buses if it causes outages or over-taxes the grid? Meeting the future demand requires major changes from adding more high-voltage transmission lines to transformers for last-mile delivery, which can be expensive. Take California for one example. One study pegs the cost of updating the state’s power grid at $50 billion by 2035.

Until that happens, Nuvve Holding Corp. (NASDAQ:NVVE), the cleantech company from San Diego, has a solution. The clean energy company has found a way to electrify fleets of cars and buses without overloading the power grid thanks to its vehicle-to-grid (V2G) technology. The cutting-edge and potentially game-changing technology turns EVs into moving storage systems, reducing the cost of ownership and bringing stability to the power grid, turning parking lots into v2g hubs.

Nuvve’s New Deal

That technology was on display this week when Nuvve won a contract from the Board of the Fresno Economic Opportunities Commission (Fresno EOC) to implement the company’s turnkey fleet electrification program for Fresno EOC’s 50-shuttle fleet.

Fresno EOC, one of the country’s biggest nonprofits, oversees more than 35 human services programs to help underserved populations in California’s Fresno County become more self-sufficient. It uses its bus fleet to transport community members to and from work, school and medical appointments, deliver meals and fill other transportation needs to support its mission. The non-profit also operates a large kitchen, which requires a lot of energy. Transitioning to an EV fleet will not only save the non-profit money but help improve the air quality in the community.

"Fresno as a community has historically endured poor air quality due to tailpipe emissions from the Los Angeles basin and gas-fired peaker power plants," said Nuvve co-founder and CEO Gregory Poilasne. "With the adoption of our cutting-edge electric vehicle-to-grid software and infrastructure, that allows us to turn parking lots into power plants, this project can serve as a model approach for modern, efficient and eco-friendly public transportation."

Under the terms of the deal, which is valued at $16 million, Fresno EOC will buy and deploy 50 electric Class-A shuttles at a rate of ten per year over five years. The non-profit will also install a 2.5-megawatt on-site solar generation and battery energy storage system to charge the new electric shuttle fleet. Nuvve will provide its proprietary Nuvve GIVe software platform and V2G technology, transforming the Fresno EOC deployment into a "V2G Hub." Nuvve’s AI-assisted GIVe software platform enables EV fleet owners to manage many aspects of their vehicles, including optimizing the readiness of their vehicles, monitoring and optimizing the energy used to power their vehicles, providing grid services and managing the health of the battery.

Nuvve’s Technology Validation

News of the deal sent shares of Nuvve higher as the win not only validates the company’s technology but is a case study in how to electrify a fleet without overloading the grid. With this V2G Hub project, Nuvve will install solar and use the vehicles to help power the facility during peaks of demand and charge the vehicles when it’s off-peak. That enables Fresno EOC to not only lower costs and reduce pollution but also have a stable energy source, something the non-profit welcomes. After all, the county has among the least resilient grids which makes rolling out EVs a perilous endeavor without a company like Nuvve.

That’s just in Fresno County. One study found power outages more than doubled over the past six years compared to the previous six years, which means demand could grow for Nuvve’s approach. In the public sector alone, there are 480,000 school buses, 225,000 postal vehicles, 170,000 military transports and 160,000 public transit buses in need of electrification. If all of them were powered by Nuvve’s V2G technology, it represents a $3.5 billion to $6.9 billion annual opportunity, according to the company. Add nonprofits and private companies to the mix and you can see why the company and its investors are so optimistic.

"This project is crucial, and it’s important for the community to understand our commitment to lowering carbon emissions and advocating for renewable energy. It’s also about raising awareness on energy conservation and tackling climate change," Thomas Dulin, Director of Fresno EOC Transit Systems, said of the deal. "There’s no better method to showcase the financial and environmental benefits than through the implementation of an electrified fleet that exemplifies cutting-edge energy conservation."

About Nuvve Holding Corp.
Nuvve (NASDAQ: NVVE) is a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform. Nuvve’s mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind. For more information, please visit nuvve.com.

Contact:

(W)right On Communications
Julie Wright
press@nuvve.com

SOURCE: Nuvve Holding Corp.

View the original press release on accesswire.com

ANAHEIM, CA / ACCESSWIRE / January 30, 2024 / Phoenix Motor Inc. (Nasdaq:PEV) (the "Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, announced today that it has entered into a securities purchase agreement with certain accredited institutional investors for the purchase and sale of purchase approximately $4.8 million of its common stock in a registered direct offering and warrants to purchase common stock in a concurrent private placement. The combined purchase price for one share of common stock and each warrant will be $1.15.

Under the terms of the purchase agreement, the Company has agreed to sell 4,196,370 shares of its common stock and warrants to purchase up to an aggregate of 4,196,370 shares of common stock. The warrants will be immediately exercisable, will expire on the five year anniversary of the issuance date and will have an exercise price of $2.00 per share, subject to certain adjustment.

The Company expects the net proceeds from the registered direct offering and concurrent private placement to be approximately $4.5 million after deducting estimated offering expenses. The offering is expected to close on or about January 31, 2024, subject to the satisfaction of customary closing conditions.

The shares of common stock are being offered pursuant to a shelf registration statement on Form S-3 (File No. 333-273252), which was declared effective by the United States Securities and Exchange Commission ("SEC") on July 26, 2023. The warrants issued in the concurrent private placement and shares issuable upon exercise of such warrants were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Act"), and Regulation D promulgated thereunder and have not been registered under the Act or applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A prospectus supplement describing the terms of the offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov.

About Phoenix Motor Inc.

Phoenix Motor Inc., a pioneer in the electric vehicle ("EV") industry, designs, builds, and integrates electric drive systems and light and medium duty EVs and sells electric forklifts and electric vehicle chargers for the commercial EV market. Phoenix operates two primary brands, "Phoenix", which is focused on commercial products including heavy and medium duty EVs (transit buses, shuttle buses, school buses and delivery trucks, among others), electric vehicle chargers and electric forklifts, and "EdisonFuture", which intends to offer light-duty EVs. Phoenix endeavors to be a leading designer, developer and manufacturer of electric vehicles and electric vehicle technologies. To learn more, please visit: www.phoenixmotorcars.com.

Forward-Looking Statements

This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as "may," "might," "will," "intend," "should," "could," "can," "would," "continue," "expect," "believe," "anticipate," "estimate," "predict," "outlook," "potential," "plan," "seek," and similar expressions and variations or the negatives of these terms or other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company’s current expectations and speak only as of the date of this release. Actual results may differ materially from the Company’s current expectations depending upon a number of factors. These risk factors include, among others, those related to our ability to raise additional capital necessary to grow our business, operations and business and financial performance, our ability to grow demand for our products and revenue, our ability to become profitable, our ability to have access to an adequate supply of parts and materials and other critical components for our vehicles on the timeline we expect, the coronavirus (COVID-19) and the effects of the outbreak and actions taken in connection therewith, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described in the "Risk Factors" section of the Company’s annual report filed on Form 10-K filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any responsibility to revise or update any forward-looking statements.

Contact

Mark Hastings, Chief Investment Officer
marketing@phoenixmotorcars.com

SOURCE: Phoenix Motorcars Inc.

View the original press release on accesswire.com

Delivering Unparalleled Innovation to Thai Customers that Transcends Expectations

SINGAPORE / ACCESSWIRE / January 30, 2024 / Orkid, the visionary Generative AI SaaS vendor that helps organizations access and profit from information, announced a commercial partnership with Wisdom, an established IT company, to market hyper-automation solutions in the Thai market.

"At Wisdom, we believe in the synergy of tradition and innovation. Partnering with Orkid aligns perfectly with our commitment to delivering robust software solutions," said Devesh Bhrarati, CEO at Wisdom Information Systems. "This collaboration marks the fusion of Orkid’s visionary A.I. capabilities with Wisdom’s decades-long experience. Together, we will empower businesses to thrive in a digital era, offering tailored solutions that transcend expectations and drive sustainable growth."

"We are thrilled to embark on this transformative journey with Wisdom. Orkid’s cutting-edge Generative A.I. solutions, combined with Wisdom’s rich legacy of IT expertise, will pave the way for unparalleled innovation," shared Steve Watts, Orkid’s COO. "Together, we will not only unlock the power of hyper-automation but also redefine what’s possible in the realm of technology."

For deeper insights into Orkid.io’s groundbreaking AI solutions, please visit orkid.io or get in touch via sales@orkid.io.

About Orkid:

Orkid is a visionary Generative A.I. software vendor. We build AI-powered hyper-automation solutions and models to help organizations access and profit from multimodal information. Our solutions help enterprises unlock value, unlock returns, and unlock "better."

Website: www.orkid.io

About Wisdom:

Wisdom Information Systems Co., Ltd., is a Bangkok-based Thai IT Company established in 1996. We provide software solutions to our customers in various industrial sectors. We have expertise on the implementation of legacy vertical products from partners, as well as in development of customized applications as per clients’ business-specific needs.

Website: www.wisdom-thailand.com

Contact Information

Carlos de la Vega
VP Sales
info@orkid.io
+34 ‭616 927 798‬

SOURCE: ORKID.IO

View the original press release on newswire.com.

GSK Selects Preservica Enterprise for its Corporate Archive, Ushering in a New Era of Digital Asset Resilience and Accessibility in Pharmaceuticals

BOSTON, MA and OXFORD, UK / ACCESSWIRE / January 30, 2024 / Preservica, a global leader in Active Digital Preservation archiving, is thrilled to announce GSK (GlaxoSmithKline), a multinational pharmaceutical and biotechnology company, has officially chosen Preservica as its Digital Preservation and archiving supplier for their Corporate Heritage Archives.

As a global leader in uniting science, technology and talent, GSK opted for Preservica’s Enterprise edition with Active Digital Preservation, ensuring not only the secure storage of historical records but also the continuous management, accessibility and protection of critical corporate governance and compliance documents in a way that goes beyond conventional archiving solutions.

The choice of Digital Preservation reflects a strategic decision to ensure the accessibility, integrity and longevity of these records. By leveraging Preservica, GSK not only fulfills its archival needs but also establishes a foundation to inform and protect the future of the business, offering valuable insights for strategic decision-making and ensuring a robust framework for regulatory compliance and brand continuity.

GSK employee working in tuberculosis imaging laboratory at Tres Cantos site, Madrid

"After a comprehensive evaluation of preservation solutions, we confidently selected Preservica," said Jill Moretto, Senior Information Governance and Heritage Archive Manager. "Preservica automates our content migration workflows and also integrates seamlessly with our collections management system, Qi. Overall, it’s simplifying our processes and eliminating duplicative work for the GSK Heritage team. This streamlined workflow is instrumental in documenting our contributions and legacy in health, science, industry, culture and the community, showcasing our impact on a global scale. Preservica completes GSK Heritage’s core needs as a corporate archive. I’m so excited to use it to protect our legacy as we continue to get ahead of disease together."

Preservica Enterprise solution seamlessly integrates all essential elements for successful Digital Preservation, including public and secure access. The Enterprise edition not only meets but exceeds core requirements, offering a singular, integrated application that delivers comprehensive, scalable and fully compliant protection for critical long-term assets.

"This partnership stands as a testament to Preservica’s commitment to advancing digital preservation standards across industries," said Preservica CEO, Mike Quinn. "Preservica is proud to contribute to the resilience and longevity of digital assets in an arena where historical data integrity directly influences advancements in healthcare and pharmaceutical breakthroughs."

The collaboration focuses on bolstering internal and external communications, as well as supporting marketing initiatives through the preservation of diverse file formats, including AV, TIFF, JPEG and standard office formats.

For more information on how Preservica is part of an international community of pharmaceutical institutions worldwide that are choosing Preservica as their trusted partner for Digital Preservation, visit preservica.com.

About GSK 

GSK is a global biopharma company with a purpose to unite science, technology and talent to get ahead of disease together. Find out more at gsk.com.

About Preservica

Preservica is transforming the way organizations around the world protect and future-proof critical long-term digital information. Available in the cloud (SaaS) or on-premise, our award-winning Active Digital Preservation archiving software has been designed from the ground up to tackle the unique challenges of ensuring digital information remains accessible and trustworthy over decades.

It’s a proven solution that’s trusted by thousands of businesses, archives, libraries, museums and government organizations around the world, including the UK National Archives, Texas State Library and Archives, MoMA, Yale and HSBC.

preservica.com
Twitter: @Preservica
LinkedIn: @Preservica

Media Contact:

Aleeza Goodman
York IE
aleeza@york.ie

SOURCE: Preservica

View the original press release on accesswire.com