Category: South Africa

Monitor and manage globally distributed assets with Lantronix’s X300 IoT Gateway Solution, which includes hardware, cloud-based device management, cellular connectivity, advanced security and tech support

IRVINE, Calif., March 28, 2023 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced its new X300 Compact Gateway IoT Solution. Ideal for secure mission-critical applications, the new X300 Cellular Compact IoT Gateway Solution combines Lantronix’s IoT gateway hardware with a premium services subscription, including centralized device management, integrated cellular data, enhanced device security and expert technical support in an all-in-one package.

“At Lantronix, we are committed to providing our customers with turnkey IoT solutions that efficiently solve their connectivity and remote device management challenges while offering expert technical support to ensure a successful deployment,” said Paul Pickle, CEO of Lantronix. “With the new X300 Compact Gateway IoT Solution, our customers can rest assured that they have a reliable, easy-to-manage solution, achieving maximum uptime and data security for mission-critical applications.”

According to Berg insights, more than 4.5 million cellular IoT gateways were shipped globally during 2021, a 23 percent increase, at a total market value of approximately $1.15 billion as annual sales grew at a rate of 14 percent as demand recovered following the COVID-19 pandemic. Annual revenues from the sales of cellular IoT gateways is forecasted to grow at a compound annual growth rate (CAGR) of 14 percent to reach $2.18 billion by 2026.

The X300 Compact Gateway IoT Solution includes:

• X300 Gateway, a compact (79mm X 79mm) IoT industrial gateway with suitable hardware interfaces, including a Multi-mode Serial port, an Ethernet LAN port, Wi-Fi® 5, Bluetooth/BLE and Worldwide cellular options, enabling the connection of any type of industrial machine and sensor with any type of network.
• Services included in the first-year subscription:
  • Free upgrade to ConsoleFlow premium cloud-based device management with analytics
  • Connectivity Services global, convenient and scalable cellular data plans
  • Free upgrade to LEVEL 2 Services prompt expert technical support and warranty with advanced hardware replacement
  • Lantronix InfiniShield built-in security, including a Secure Element (SE) chip to enable secure boot, secure equipment access and secure communications and to prevent unauthorized access of confidential information

The new X300 Gateway IoT Solution will be displayed at ISC West in Las Vegas from March 28–31, 2023, in the Lantronix booth, Number 2097. For more information on this all-in-one package, visit https://www.lantronix.com/products/x300-series/

About Lantronix

Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware.

Lantronix enables its customers to accelerate time to market and increase operational up-time and efficiency by providing reliable, secure and connected Intelligent Edge IoT and Remote Management Gateway solutions.

Lantronix’s products and services dramatically simplify the creation, development, deployment and management of IoT and IT projects across Robotics, Automotive, Wearables, Video Conferencing, Industrial, Medical, Logistics, Smart Cities, Security, Retail, Branch Office, Server Room and Datacenter applications. For more information, visit the Lantronix website.

Learn more at the Lantronix blog, which features industry discussion and updates. Follow Lantronix on Twitter, view our YouTube video library or connect with us on LinkedIn.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to our solutions, technologies and products. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; the impact of the COVID-19 outbreak on our employees, supply and distribution chains, and the global economy; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2022, filed with the Securities and Exchange Commission (the “SEC”) on Aug. 29, 2022, including in the section entitled “Risk Factors” in Item 1A of Part I of such report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

© 2023 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com
949-212-0960

Lantronix Analyst and Investor Contact:
Jeremy Whitaker
Chief Financial Officer
investors@lantronix.com
949-450-7241

Lantronix Sales:
sales@lantronix.com
Americas +1 (800) 422-7055 (US and Canada) or +1 949-453-3990
Europe, Middle East and Africa +31 (0)76 52 36 744
Asia Pacific + 852 3428-2338
China + 86 21-6237-8868
Japan +81 (0) 50-1354-6201
India +91 994-551-2488

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/891ce64a-0d25-4f9e-add8-2538d7b31006

GlobeNewswire Distribution ID 8796263

Zoom uses OpenAI technologies to bolster a unique federated approach to AI based on flexibility

SAN JOSE, Calif., March 27, 2023 (GLOBE NEWSWIRE) — Today at Enterprise Connect, Zoom Video Communications, Inc. (NASDAQ: ZM) announced the expansion of Zoom IQ, a smart companion that empowers collaboration and unlocks people’s potential by summarizing chat threads, organizing ideas, drafting content for chats, emails, and whiteboard sessions, creating meeting agendas, and more. The company also announced it will use OpenAI to bolster its unique federated approach to AI based on flexibility.

Zoom’s federated approach to AI leverages its own proprietary AI models, those from leading AI companies– such as OpenAI –and select customers’ own models. With this flexibility to incorporate multiple types of models, Zoom’s goal is to provide the most value for its customers’ diverse needs. These models can also be customized to perform better for a customer, based on their vocabulary and requirements.

“Zoom has long built AI solutions into our products to empower customers to be more productive,” said Smita Hashim, chief product officer at Zoom. “We are excited to bring many more capabilities with new large language models. Our unique approach to AI will give customers the flexibility they want and help significantly improve collaboration and customer relations.”

In today’s work environment, workers find it increasingly difficult to balance workday priorities between emails, team chats, meetings, and project management tasks. Teams are also looking for ways to better co-create effectively in real-time. To help solve these challenges, Zoom IQ will have a host of new capabilities scheduled to release soon, including:

• Zoom IQ chat compose: Zoom Team Chat users can soon use the compose feature to help compose messages based on conversational context in addition to changing message tone to customize suggested responses.
• Zoom IQ email compose: Harnessing the power of Generative AI, users will get email draft suggestions in response to the conversational context from prior Zoom Meetings, Zoom Phone calls, and email threads. Available initially in Zoom IQ for Sales.
• Zoom IQ meeting summary: Generate a summary, capture next steps, and share via Team Chat, Zoom Calendar, and email without recording the conversation, so those who didn’t attend will no longer have to sit through lengthy recordings.

Additionally at Enterprise Connect, Zoom is showcasing the following innovations to make teamwork more meaningful and strengthen customer relationships:

• Zoom Huddles (formerly Zoom Spots) is a new video-enabled virtual coworking space designed to foster ad-hoc discussions and relationship building, to replicate the “working alongside” aspect of an open office and encourage free-form video-first conversations. Zoom Huddles is now available globally for customers to request early access by visiting the product page.
• Intelligent Director uses multiple cameras in a Zoom Room to determine the best angle of the individuals in the room to display within the meeting. With high-quality, reliable video and voice, Intelligent Director also provides a best-in-class experience for remote participants. Available in beta soon.
• Zoom Scheduler makes it easy to find the perfect time for meetings by sharing the host’s availability so others (even external participants) can conveniently book appointments. Zoom Scheduler reduces the back-and-forth hassle of manual scheduling by placing a meeting on the host’s calendar with a Zoom Meetings link already included, saving both participants time. Zoom Scheduler works seamlessly with Zoom Meetings and Zoom Mail and Calendar, and integrates with Google Calendar and Microsoft 365, so hosts can use their preferred calendar.

Additional Resources:

• Zoom IQ blog
• Enterprise Connect blog

About Zoom
Zoom is an all-in-one intelligent collaboration platform that makes connecting easier, more immersive, and more dynamic for businesses and individuals. Zoom technology puts people at the center, enabling meaningful connections, facilitating modern collaboration, and driving human innovation through solutions like team chat, phone, meetings, omnichannel cloud contact center, smart recordings, whiteboard, and more, in one offering. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

Zoom Public Relations
Beth McLaughlin
press@zoom.us

GlobeNewswire Distribution ID 8795878

QUEBEC CITY, March 27, 2023 (GLOBE NEWSWIRE) — LeddarTech^®, a global leader in providing the most flexible, robust and accurate ADAS and AD software technology, announces its third product launch since December with the LeddarVision Surround (LVS-2⁺). This product is a comprehensive fusion and perception software stack to support premium surround-view L2/L2+ ADAS highway assistance and 5-star NCAP 2025/GSR 2022 safety applications.

LeddarVision Surround (LVS-2⁺) is the latest low-level sensor fusion and perception product built on LeddarTech’s award-winning LeddarVision software. The LVS-2⁺ expands the company’s current product offering of the LeddarVision Front-Entry LVF-E and Front-High LVF-H. These products target entry- to premium-level ADAS applications.

The LVS-2⁺ efficiently extends the LVF front-view product family from a one-camera plus two to five-radar (1V2R-1V5R) sensor configuration to a five-camera plus five-radar (5V5R) configuration. This enhanced configuration supports ADAS functions such as traffic jam and highway assist applications, enabling automated lane changes, overtaking and extended speed range adaptive cruise control.

High-Performance and Cost-Effective

• LeddarVision’s low-level fusion (LLF) technology pushes the performance envelope, extending the effective range of the sensors.
• Low-level fusion optimally combines camera and radar modalities, achieving a high-performance system with reduced requirements per modality at a lower total sensing cost.
• Superior accuracy in object separation and longitudinal position measurement on highways enables higher-performing adaptive cruise control implementation.
• L2/L2+ highway assist, including adaptive cruise control up to 160 km/h, lane centering control, active lane change assist, traffic jam assist and highway assist (including auto-lane change support).

Safety

• LVS-2⁺ addresses 5-star NCAP 2025/GSR 2022 safety applications.
• Includes a built-in redundancy feature to accommodate sensor failures, degradations and conflicts.
• LVS-2⁺ supports global scene attributes detection for operational design domain (ODD) analysis, sensor coverage and health monitoring features.

Flexible and Scalable

• A comprehensive surround-view fusion and perception software platform that supports entry-level to premium ADAS highway assist Level 2/2+ applications.

Samples available: Contact LeddarTech for “A” samples of the LVS-2⁺ and “A” samples of the LVF-E and LVF-H products. LVS-2⁺ “B” sample availability is planned for late Q3 2023.

“LeddarTech is committed to supporting automotive Tier 1-2 suppliers and OEMs with software solutions and products that support enhanced safety features and lower overall development costs,” stated the company’s CEO, Charles Boulanger. “In December, we released our LVF products for entry-level to premium ADAS safety and highway assistance L2/L2+ applications, and in keeping with our commitment to continual product development, our newest product LeddarVision Surround (LVS-2⁺) further increases our software offering to our customers, with products that solve more safety issues with a scalable low-level fusion and perception software stack that offers higher performance at a lower cost,” Mr. Boulanger concluded.

LeddarTech launches the LVS-2⁺ officially at Automotive Tech.AD Berlin on March 27, 2023.

About LeddarTech

LeddarTech, a global software company founded in 2007, develops and provides comprehensive perception software solutions that enable the deployment of ADAS and autonomous driving applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate highly accurate 3D models of the environment, allowing for better decision making and safer navigation. This high-performance, scalable, cost-effective technology is leveraged by OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

LeddarTech is responsible for several remote-sensing innovations, with over 150 patents granted or applied for that enhance ADAS and AD capabilities. Better awareness around vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to become the most widely adopted sensor fusion and perception software solution.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact and website: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7f20647-203a-42b4-b015-cedc2086ded5

GlobeNewswire Distribution ID 8793884

Collaboration marks the first global installation of Corning’s G1 production system to support higher-quality API-chemical production using inherently safer flow-chemistry technology

ALBANY, N.Y., March 23, 2023 (GLOBE NEWSWIRE) — Curia, a leading contract research, development and manufacturing organization, today announced a collaboration with Corning Incorporated to expand and accelerate continuous-flow development and manufacturing programs for the chemical and biopharmaceutical industries globally. The collaboration with Corning’s Advanced-Flow Reactor (AFR) team includes the first installation of Corning’s G1 production system, designed for the continuous industrial production of active pharmaceutical ingredients (API).

Continuous flow chemistry is critical for the development and manufacture of pharmaceutical intermediates and APIs, and provides advantages compared with traditional batch processing. It is an inherently safer technology that delivers faster and more robust material production with a higher selectivity of desired products.

“Innovation in drug development and production calls for safety at high speed,” said Christopher Conway, president, Research & Development, Curia. “The implementation of Corning’s G1 Production Reactor at our Albany facility expands our capability to provide scalable solutions that address complex development and manufacturing requirements facing the pharmaceutical industry. Using advanced technology and standardized workflows, Curia offers continuous flow chemistry from targeted development to commercial scale globally.”

The G1 production reactor includes an updated set of dosing lines and controls that enable continuous operations and compliance to cGMP standards.

“Collaborating with an innovation-focused company like Curia will help drive advancements in the chemical-processing industry,” said Alessandra Vizza, business director, Corning Advanced-Flow Reactors. “The implementation of Corning’s G1 production system can deliver a host of benefits. The system is an inherently safer technology that will help Curia reduce time to market with higher-quality chemical and API processing, increased efficiency of chemical and API synthesis, and lower production costs.”

“Additionally, the space-saving, energy-conserving, and waste-reducing benefits of Corning’s AFR Technology may help customers reduce the environmental impact of their manufacturing business – a key attribute as the field continues to gain momentum in the U.S. and around the world,” said Vizza.

Curia’s expertise and global network of facilities, combined with Corning’s continuous flow technology, can help drive business efficiencies and, ultimately, improve patients’ lives.

About Curia
Curia is a leading contract research, development, and manufacturing organization providing products and services from R&D through commercial manufacturing to pharmaceutical and biopharmaceutical customers. Curia’s nearly 4,000 employees at 29 locations across the U.S., Europe, and Asia help its customers advance from curiosity to cure. Learn more at CuriaGlobal.com.

About Corning Incorporated
Corning (www.corning.com) is one of the world’s leading innovators in materials science, with a 170-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people’s lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries. Corning’s capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping its customers capture new opportunities in dynamic industries. Today, Corning’s markets include optical communications, mobile consumer electronics, display, automotive, solar, semiconductors, and life sciences.

Curia Contact Information:
Sue Zaranek
+1 518 512 2111
corporatecommunications@CuriaGlobal.com

Corning Contact Information:
Sarah Pakyala
+1 607 974 4902
pakyalasi@corning.com

GlobeNewswire Distribution ID 8794440

Revision aims to support business schools in today’s ranking efforts and help prospective candidates compare programs on leveled playing field

RESTON, Va., March 23, 2023 (GLOBE NEWSWIRE) — The Graduate Management Admission Council (GMAC), a global association representing leading business schools, today released an updated version of the Graduate Management Education Admissions Reporting Standards. The revision, led by a task force of 14 GMAC member schools, aimed to ensure the standards align with the shifting landscape of graduate business education and today’s best practices of identifying gender, race and ethnicity, and undergraduate majors, among other criteria commonly used in the admissions process.

According to GMAC’s annual survey on prospective students worldwide, candidates rely heavily on school websites and rankings in their program selection process. The 2023 survey of thousands of business school aspirants – to be published early next month – shows that school websites and published program rankings were the top two factors in the decision making of individuals considering applying for graduate business degrees. Informed by this finding, GMAC believes it is vitally important that the information presented to prospective students is anchored in a common definition of the terms used by schools and various publications in collecting the data for reporting.

“This work, initiated in response to a strong desire for consistency and transparency from the business school community we serve, is being done to create trust with and among business school admissions professionals, especially those who are new to the field. Without a doubt, adopting the standardized reporting criteria at a large scale would allow prospective students and rankings organizations alike to compare apples to apples and oranges to oranges across the wide spectrum of program options available in the market today,” said Joy Jones, CEO of GMAC. “On behalf of the Council, I extend our sincerest gratitude to the task force for the time, effort, and care dedicated to revising and promoting the standards.”

“The task force invested many hours reviewing survey questionnaires and collecting data, as well as discussing proposed revisions over calls and with stakeholders at conferences, to address the tough questions from the business school community on how we can better reflect the many changes in the industry – and the society – we encounter today. For example, there is a growing acknowledgement and respect for identity preferences and an interest in segments like first generation and military students,” said Marci Armstrong, professor of practice, marketing at Southern Methodist University’s Cox School of Business and co-chair of the task force revising the standards. “Rest assured, we were fully aware of the stakes at hand and did not just rubber-stamp the new standards.”

In 2019, GMAC formed a task force to revise the MBA Reporting Criteria – first published by GMAC in 2000 and adopted by approximately 200 business schools – into Graduate Management Education Admissions Reporting Standards. The standards, subsequently endorsed by GMAC members in the summer of 2020, were meant to be revisited every two years to ensure they continue to guide business schools in distributing reliable, accurate, useful, and comparable admissions data for prospective students and rankings organizations. A new task force was organized at the beginning of 2022 to tackle the review and revision of the standards in three sections – school and program information, application process, and admissions reporting and class profile, supplemented by region and areas of study classifications.

“In the past three years – particularly in response to the global pandemic – our industry has innovated and grown tremendously. A prime example is the delivery of online programs,” said Nita Swinsick, associate dean of graduate & executive degree programs admissions at Georgetown University’s McDonough School of Business and co-chair of the task force. “While the traditional on-campus, two-year MBA remains the most sought-after graduate management degree, there are a great number of programs offering a wide range of flexibility and length and still lead to successful business careers.”

“GMAC will continue to be a steward of the standards and will publish a list of schools and corresponding programs that decide to adopt and remain in compliance with the standards. Adopting and complying schools can also receive a badge from GMAC for use in their outreach materials to signal to candidates, ranking publishers and other stakeholders their compliance with the standards,” said Sabrina White, vice president of school and industry engagement at GMAC. “It is our hope that more members of the business school community – as well as ranking publishers – will begin leveraging these standards to benefit the people aspiring to better themselves and the world through graduate management education.”

Business schools, ranking agencies and other stakeholders worldwide that wish to obtain a copy of or start adopting the latest reporting standards may reach out to GMAC at datastandards@gmac.com.

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test (GMAT) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and The MBA Tour are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact:

Teresa Hsu
Sr. Manager, Media Relations
Mobile: 202-390-4180
thsu@gmac.com 

GlobeNewswire Distribution ID 8794409

The Remarkable Release Marks a New Phase of Innovation for the Storied Speyside Distillery

ROTHES, Scotland, March 22, 2023 (GLOBE NEWSWIRE) — The Glen Grant Distillery, located in the heart of Speyside, has announced the momentous launch of its new 21-Year-Old single malt scotch whisky. Now the oldest expression in the permanent collection and available starting March 2023, the 21-Year-Old signals the start of a new era of exploration for the 180-year-old distillery.

Driven by a singular vision for over 180 years, The Glen Grant distillery harnesses a constant pursuit to create the most singular, aromatic, and evocative single malts. Inspired by the legacy of ‘The Major’ James Grant – the visionary and eccentric driving force which set the brand on its ingenious path – we bring together inspiration from around the world creating exceptional and intriguing whiskies celebrating the spirit of innovation. This globally- inspired character is what separates The Glen Grant from many of its Speyside neighbours and has guided it along a distinctive path, defining its lasting legacy since 1840.

After his journeys to faraway locations, The Major would gather an eclectic collection of fruits and plants, which he brought back to Rothes and showcased in his personally- designed Victorian glasshouses and later in a 27-acre garden sitting at the heart of the distillery.

The creation of The Glen Grant 21-Year-Old represents a definitive moment in the evolution of The Glen Grant and marks a new chapter in its story. Sitting at the gateway to the prestige expressions of The Glen Grant portfolio, this 21-Year-Old joins the 10-, 12-, 15- and 18-Year-Old family of single malt whiskies and sets the tone for a range of innovative new releases set to be unveiled from 2023 onwards.

For Master Distiller Dennis Malcolm OBE, this also marks a proud achievement in his more than 60-year tenure. In hand-selecting the perfect combination of oloroso sherry butts, hogshead and ex-Bourbon barrels from Warehouse Number 4, the oldest traditional stone dunnage warehouse at the distillery, Dennis has married together the spirit to create the captivating flavours which bring to life an intensity of fruity character.

Commenting on this release, Master Distiller Dennis Malcolm, said, “This 21-Year-Old whisky marks a highly significant moment in time for The Glen Grant and one which will pave the way for a new era. This is an exciting development and one which I know will take us forward into the future with pride and passion. Each one of our whiskies tells its own story and reveals its very own flavour journey defined by a captivating character, with unfolding layers and surprising complexity. I’m proud and thrilled to be able to share this wonderful whisky with the world and continue our commitment to consistent quality which I believe truly sets us apart.”

Bottled at 46%, natural in colour and non-chill filtered, this 21-Year-Old is married in small batches to preserve the integrity of the refined flavours and to ensure absolute quality. All of this is done on site at the Rothes-based distillery, reinforcing the exquisitely singular ethos of The Glen Grant.

The resulting character is of a tropical flair, beginning with aromas of sweet ripe peaches, toffee and raisins which leads to an explosion of rich tropical fruits, such as coconut, and creamy butter notes to taste. A soft welcoming mouthfeel alludes to a long enduring finish of caramelised crème brûlée.

The Glen Grant 21 Years Old is available as of March 2023 across key global markets including the USA, UK, and Asia at an RSP of $360.

For more information
Contact us at theglengrant@mcsaatchi.com
Follow us on Instagram @theglengrantscotch

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d51931e3-3337-4646-ac5c-fc1844c8122a

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

GlobeNewswire Distribution ID 8792810

New report from FS-ISAC highlights opportunity for cyberattacks against public and private institutions

RESTON, Va., March 21, 2023 (GLOBE NEWSWIRE) — FS-ISAC, the member-driven, not-for-profit organization that advances cybersecurity and resilience in the global financial system, today announced the findings of its annual Global Intelligence Office report, Navigating Cyber 2023.

The latest report showcased the effect that Russia’s invasion of Ukraine had on the global cyber threat landscape, sparking a flood of ideologically driven “hacktivism” that continues to this day. Driven from both sides of the conflict, the threats have increased substantially within the financial services sector, particularly for institutions in countries that Russia considers hostile. These threats can come from hacktivist groups or directly from the nation-states themselves.

“Unfortunately, the growing involvement of non-state actors attacking on an ideological basis and the manipulation of information by malicious actors will continue to sow uncertainty across the landscape in actual and perceived security threats,” said Steven Silberstein, CEO of FS-ISAC. “The best tool available for financial institutions to combat this is intelligence sharing, allowing collaboration across the global industry and ensuring better cyber preparedness. Cyber threats often evolve faster than the tools we use to combat them, but our strength is in our community.”

The report also highlights that some of the more traditionally common cyber threats, such as DDoS attacks and ransomware, are becoming more sophisticated and the suite of tools at a malicious actor’s disposal continues to develop.

Looking ahead into 2023, some of the key drivers of change in the threat landscape include:

• A growing market for malware-as-a-service: As threat actors become specialized in specific aspects of the kill chain and offer their services in skills and code for sale, cyberattacks become easier to orchestrate, less attributable, and of lower risk. Supply chain threats proliferate as key software, authentication, technology, and cloud service providers are increasingly targeted.
• The accessibility of AI helping attackers, and defenders: The emergence of new AI-technology lowers the barrier for hacking, allowing threat actors to use tools like ChatGPT to design ever more convincing phishing lures. However, those same tools will be leveraged to strengthen defenses as well.
• Cryptocurrency offers a prime target for cyber criminals: Cryptocurrency and digital assets are becoming more integrated into global financial infrastructure, generating a complex regulatory environment for multinational firms. In addition, threat groups will continue to finance their operations using cryptocurrency, highlighting the need for better oversight and asset class protections.

“Cyber criminals are endlessly inventive, and aided by technological advances,” said Teresa Walsh, Global Head of Intelligence at FS-ISAC. “The emergence of new technologies and malware delivery tactics will require institutions to ensure they keep up with evolving cyber threats on a continuous basis and focus on resilience so they can keep operating no matter what happens.”

The threat landscape is rapidly changing, and organizations face key challenges of increasing regulation around the world, seismic shifts in the cyber insurance market, and cybersecurity talent shortages. Facing massive changes in their operational environment, the financial services sector must navigate pressures to reduce costs without compromising the ability to continuously evolve defenses and enhance operational resilience.

Methodology

The Navigating Cyber 2023 report is sourced from FS-ISAC’s thousands of member financial firms in 75 countries and further augmented by analysis by the Global Intelligence Office. Multiple streams of intelligence were leveraged for the curation of the round-up, which examined data from January 2022 to January 2023. The publicly accessible version of the report can be found here. The full report is only available to member financial institutions.

About FS-ISAC

FS-ISAC is the member-driven, not-for-profit organization that advances cybersecurity and resilience in the global financial system, protecting the financial institutions and the people they serve. Founded in 1999, the organization’s real-time information-sharing network amplifies the intelligence, knowledge, and practices of its members for the financial sector’s collective security and defenses. Member financial firms represent $100 trillion in assets in 75 countries.

Contacts for Media:
media@fsisac.com

GlobeNewswire Distribution ID 8792894

TEMECULA, Calif., March 21, 2023 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) and operating under Cryogenic Industries, Inc. (USA) is proud to announce yet another expansion of their sales, service and engineering capabilities for the African market. From their facility they will be providing support for all the Group’s products.

Located in Waterfall, KZN, South Africa, the facility was established to provide a stronger footprint in Africa and support South Africa’s engineering hub and economic center. Local engineers and field service support will bring specific knowledge of the region and local markets, allowing highly customized solutions.

In addition to offering technical sales for all the Group’s products, they have added an air separation unit commissioning team which includes customer support. The additional engineering support will provide process and design optimization and innovative solutions for the region. The facility will also provide LNG equipment, to support the large natural gas expansion off Mozambique, and potential development of virtual pipelines for LNG fuel to mitigate the electricity crisis.

“This expansion positions us to be able to respond rapidly to the growing energy needs of Africa, and to provide greater service and support to our customers with our local presence,” according to Peter Wagner, CEO of Cryogenic Industries and President of the Group.

Bruce van Dongen will serve as Managing Director. A service facility is planned for some time in the future, which will support pumps and turboexpanders. This expansion represents their commitment to and support of the growth of the African market.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.) and process plants for Industrial Gases, and Natural Gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:

Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/30d66f23-e389-4adb-86c2-43133a748d6e

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