Market Newsdesk

CAMBRIDGE, Mass., Nov. 17, 2020 /PRNewswire/ — Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world’s leading enterprises, today introduced Pega RPA Auto-balancing – the industry’s first Robotic Process Automation feature that automatically provisions workloads between an organization’s available bots. This new Pega Robot Manager™ capability uses artificial intelligence (AI) to intelligently optimize the capacity and efficiency of bot resources on the fly with no human intervention.

Despite its name, most Robotic Process Automation (RPA) is anything but robotic when it comes to managing bots. When demand for bot assistance inevitably surges or drops, humans behind the scenes must reallocate the available bots across the enterprise to ensure the work gets done on time. Many organizations compensate for these surges by purchasing extra bot licenses so no request goes unfulfilled – but this overprovisioning only leads to more bot management and licensing costs while also tying up more virtual machine resources.

With Pega RPA Auto-balancing, the new Pega Robot Manager capability analyzes all work requests and automatically provisions them across available bots. When new or unexpected needs arise, the feature dynamically and intelligently reallocates bots in real time to get the work done. Pega RPA Auto-balancing will also be able to prioritize more important work over less critical jobs when bot demand exceeds capacity – enabling organizations to stop wasting money on unnecessary supplemental bot licenses and management resources.  

This advancement represents Pega’s latest RPA innovation aimed at providing a fully automated robotic process infrastructure. Previous hands-free bot management features introduced this year include: 

• Pega X-ray Vision, an industry-first feature that detects and fixes broken bots with no human intervention.
• Pega Synchronization Server, which automatically ensures bots are using the most current Robot Runtime software at all times and updates it without requiring IT to manually install it.

With these combined features and Pega RPA Auto-balancing, Pega RPA fully automates the entire RPA lifecycle – from authoring to deployment to management. This enables Pega clients to experience faster, more durable, and easier to deploy bots that require significantly less time and fewer resources to run and manage.

Pega RPA, part of the Pega Infinity™ suite of digital transformation software, automates repetitive tasks performed through the user interface (UI) of enterprise applications. Pega RPA uses its Deep Robotics to automate applications at the code level, resulting in faster, more accurate, and more resilient robotic automation at scale. Together with its broader intelligent automation features and low-code capabilities, Pega offers the most complete end-to-end automation platform.

Available today, Pega RPA Auto-balancing is included in the new version of Pega Robot Manager, and the prioritization feature will be available by end of year. For more information on Pega RPA Auto-balancing visit www.pega.com/products/pega-platform/robotic-automation/auto-balancing

Quotes & Commentary:

“Too many organizations are trying to overcome RPA’s many limitations by, ironically, buying even more bots,” said Eric Musser, general manager, intelligent automation, Pegasystems. “This just results in more bot management headaches and costs them more money while never truly reaching scale. In our latest step towards hands-free RPA, Pega RPA Auto-balancing makes it simple and painless to maximize bot efficiency and reduce costs without human intervention — bringing true automation across the entire RPA lifecycle.”

Supporting Resources:

• Product background: Pega X-ray Vision
• RPA survey eBook: RPA and Digital Transformation
• 
  Analyst Report: Gartner Magic Quadrant for Robotic Process Automation Software
  

About Pega
Pega is the leader in cloud software for customer engagement and operational excellence. The world’s most recognized and successful brands rely on Pega’s AI-powered software to optimize every customer interaction on any channel while ensuring their brand promises are kept. Pega’s low-code application development platform allows enterprises to quickly build and evolve apps to meet their customer and employee needs and drive digital transformation on a global scale. For more than 35 years, Pega has enabled higher customer satisfaction, lower costs, and increased customer lifetime value. For more information on Pegasystems (NASDAQ: PEGA) visit www.pega.com.

Press Contact:

Sean Audet

Pegasystems Inc. 
[email protected]      
(617) 528-5230   
Twitter: @pega 

All trademarks are the property of their respective owners.

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SOURCE Pegasystems Inc.

ROCKVILLE, Md., Nov. 17, 2020 /PRNewswire/ — Expert.ai will be launching  two major products at KMWorld & Text Analytics Forum Connect 2020: expert.ai Studio, an intelliJ plug-in for simplifying natural language processing applications (NLP) development, and expert.ai Edge NL API for enabling seamless artificial intelligence (AI) deployment on premise or on a private cloud.

Expert.ai Studio leverages expert.ai natural language understanding (NLU) abilities to streamline the development of NLP applications. Users can take advantage of core AI features for categorization, extraction, and sentiment analysis to build language based custom applications. Thanks to the out-of the-box richness of the expert.ai knowledge graph, developers and data scientists can reduce development time and minimize training costs while gaining precise comprehension of their content so that it can be used more efficiently and at scale to support business operations. In addition, expert.ai Studio provides a user-friendly dashboard to support advanced testing through a rich set of metrics that provides input to reach the highest level of accuracy.

Expert.ai Edge NL API enables developers and data scientists to run NLP applications built with expert.ai Studio locally or on their private cloud as well as apply expert.ai capabilities to other information-intensive applications or integrate them in any pre-existing workflow, database or legacy product.

“As the benefits of being able to leverage the value of language and text content  become evident, developers, data scientists and knowledge engineers are being tasked with building advanced NLP applications, but lack the practical AI technology and tools to turn their projects into reality,” said Luca Scagliarini, expert.ai CPO. “By making our APIs available through an edge architecture and by providing a downloadable development environment such as expert.ai Studio, we enable them to easily test our unique NLU functionalities on their specific requirements and to build cutting-edge applications requiring the highest level of speed and security.”

Expert.ai Studio and Edge API are free – and they are smart from the start with sample projects and software development kits (SDKs) that make it easy for developers to get started.

To learn more about expert.ai Studio, please register for our upcoming webinar “How to simplify NLP application development with expert.ai” – December 9, 10:00 – 11:00 am EDT:
https://register.gotowebinar.com/register/4931040681245603342?source=EA+PR 

To learn more about expert.ai NL API visit: https://developer.expert.ai   

About expert.ai

Expert.ai is the premier artificial intelligence platform for language understanding. Its unique hybrid approach to NL combines symbolic human-like comprehension and machine learning to transform language-intensive processes into practical knowledge, providing the insight required to improve decision making throughout organizations. By offering a full range of on-premise, private and public cloud offerings, expert.ai augments business operations, accelerates and scales data science capabilities and simplifies AI adoption across a vast range of industries including Insurance, Banking & Finance, Publishing & Media, Defence & Intelligence, Life Science & Pharma, Oil Gas & Energy, and more. The expert.ai brand is owned by Expert System (EXSY:MIL), that has cemented itself at the forefront of natural language solutions, and serves global businesses such as AXA XL, Lloyd’s of London, Zurich Insurance Group, Generali, Bloomberg BNA, BNP Paribas, Rabobank, Dow Jones, Gannett, IMF and EBSCO.

For more information visit  www.expert.ai 

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SOURCE expert.ai

SAN JOSE, Calif., Nov. 17, 2020 /PRNewswire/ — Super Micro Computer, Inc. (Nasdaq: SMCI), a global leader in enterprise computing, storage, networking solutions, and green computing, brings the industry’s broadest selection of high-performance computing (HPC) systems to SuperComputing 2020 (SC20), in Supermicro’s virtual booth, from November 17-19.  In addition to product demonstrations, Supermicro is also hosting several speaking sessions on recent HPC  deployments from senior Supermicro representatives.   

Supermicro offers an extensive range of leading-edge HPC systems optimized for specific software, storage, and power/cooling requirements to accelerate the deployment of complete field-proven HPC solutions.   

“Supermicro offers the most advanced HPC systems targeting computationally intensive applications for scientific research and discovery across a range of disciplines and Supermicro is actively innovating to provide customer solutions for these dynamic markets,” said Charles Liang, president and CEO of Supermicro. “Our extensive portfolio supports our focus on Resource-Saving Architecture™ designed to help customers reduce power consumption and TCO, plus the ability to replace critical components and reuse many of the subassemblies for multiple refresh cycles to reduce IT waste and minimize TCE (Total Cost to the Environment).”

Supermicro Sessions at SC20:

• Advanced High-performance Computing Systems to Find Cure for COVID-19 – The Corona and Mammoth Clusters at Lawrence Livermore National Lab (LLNL)
• Tuesday, November 17, 2020, 2:30 p.m. – 2:45 p.m.

• Deploying Liquid-cooling supercomputer cluster at Scale in a Challenging Environment – The Ruby Cluster at Lawrence Livermore National Lab (LLNL)
• Wednesday, November, 18, 2020, 12:45 p.m.-1:00 p.m.

Supermicro provides advanced compute solutions including the latest SuperBlade® systems with one-socket, two-socket and four-socket blade servers supporting up to 280-watt processors, NVMe, 200G HDR InfiniBand switches, 25G/10G Ethernet switches, single or double-width GPUs, redundant AC/DC power supplies, and Battery Backup (BBP®), making them ideal for enterprise, cloud, and HPC applications. Critical to HPC is the industry-leading density that SuperBlade provides (10 x 4-socket, or 20 x 1 or 2-socket blade servers), delivering up to 40 CPUs and 40 GPUs in 8U.

Supermicro offers the industry’s broadest selection of GPU servers optimized for AI, Deep Learning, and HPC workloads, including a full line of systems from 1U up to 10U that support up to 40 GPUs with two single-width PCI-E GPUs in one node for SuperBlade in a single system. Supermicro offers high-density 2U and 4U servers with interconnected 4-GPU and 8-GPU boards as well as 8 PCI-E based on the four- and eight-way boards. With several GPUs now also available in PCIe form factor, customers can also expect a major performance boost across Supermicro’s extensive portfolio of multi-GPU servers including 1U Ultra, and BigTwin™, and embedded systems supporting GPUs; as well as GPU blade modules up to 2 GPUs per module for our 8U SuperBlade®. Supermicro offers the industry’s widest and deepest selection of GPU systems to power supercomputing applications. 

Supermicro’s multi-node Twin family was designed to meet the density and shared power requirements of HPC environments. Supermicro’s new BigTwin™ multi-node family delivers density, shared power, and full performance for HPC. The BigTwin is a 2U four dual-processor node system with six NVMe drives per node. This system is capable of supporting up to 280W processors. Also, the H12 BigTwin family of servers is optimized to deliver a new level of integration and superior performance for modern supercomputing clusters.  

HPC applications are continuing to grow in complexity as they unlock new scientific insights. HPC deployments, especially data-intensive projects, can yield sophisticated environmental challenges (power and cooling).  Supermicro is featuring its expanded offering of liquid-cooled server solutions to address the power and cooling challenges for computationally intensive workloads in today’s HPC datacenters.  

For complete information on HPC solutions from Supermicro, visit the HPC section of the website.

About Super Micro Computer, Inc.

Supermicro (Nasdaq: SMCI), the leading innovator in high-performance, high-efficiency server and storage technology is a premier provider of advanced server Building Block Solutions® for Enterprise Data Center, Cloud Computing, Artificial Intelligence, and Edge Computing Systems worldwide. Supermicro is committed to protecting the environment through its “We Keep IT Green®” initiative and provides customers with the most energy-efficient, environmentally-friendly solutions available on the market.

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names and trademarks are the property of their respective owners. Supermicro, Building Block Solutions and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names and trademarks are the property of their respective owners.

 

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SOURCE Super Micro Computer, Inc.

New campaign connects RYU with 3 million active lifestyle consumers in the Generation Active community.

VANCOUVER, BC, Nov. 17, 2020 /PRNewswire/ – RYU Apparel Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB: RYAA) (“RYU” or the “Company”), creator of award-winning urban athletic apparel, announced a partnership to launch a North American wide campaign for Generation Active with Zoom Media and François de Gaspé Beaubien.

Utilizing Zoom Media’s powerful platforms which include GymTV in 5,150 health clubs, mobile, email, and social media, RYU will be connecting with 3 million members of Generation Active, a community of people living active lifestyles and that seek out advice, motivation, and positivity. 

This nationwide campaign coincides with the launch of RYU’s best-selling Ethos Collection and the upcoming holiday shopping season. The campaign will focus on introducing RYU’s performance apparel to Generation Active while helping power athletes and active lifestyles through original and inspirational content around fitness, wellness, and fashion.

“We at Zoom Media are thrilled to be partnering up with the team at RYU. RYU is all about respecting ourselves, our environment, and others. They enable human performance and seek to engage the fitness enthusiast,” says François de Gaspé Beaubien. “RYU’s objective is to create the most comfortable and technically advanced training gear in the world. Their apparel is best in class for facilitating the athlete within each of us and we are honored to bring RYU’s excellence to our Generation Active audience.”

This new partnership comes alongside the strategic advisership of media authority François de Gaspé Beaubien. François will act as an adviser to RYU and CEO Cesare Fazari on the company’s media and marketing activities, including its newly formed partnership with Canada Skateboard and beyond. In 2003, François acquired Zoom Media, an indoor advertising company. Since becoming CEO, the company has experienced tremendous growth, digitally entertaining and educating over 35 million fitness members across Canada, the United States, and the United Kingdom. 

“Our entire team is not only thrilled to be launching this timely and multi-faceted campaign with Zoom Media but to work with François on all our activations,” shared RYU’s CEO Cesare Fazari. “His acumen, industry connections, and commitment to our brand will be an incredible benefit to our customers, our company as well as our shareholders.”

About RYU Apparel
RYU Apparel (TSXV: RYU, OTCQB: RYPPF, FWB: RYAA), or Respect Your Universe, is an award winning urban athletic apparel and accessories brand engineered for the fitness, performance, and lifestyle of the athletic man and woman. Designed without compromise for fit, comfort, and durability, RYU exists to facilitate optimal human performance. For more information, please visit the RYU website at: http://ryu.com

About Zoom Media
Zoom Media Corp. (“Zoom Media”) owns and operates GymTV, the largest gym-based video entertainment network subscribed to by 5,150 health clubs across the United States, Canada, and the United Kingdom. Measured by the Kantar Group, Zoom Media’s GymTV network runs on 25,750 screens and reaches more than 35 million active lifestyle consumers called Generation Active. Zoom Media offers brands the opportunity to connect with Generation Active at the gym, at home, and on-the-go via GymTV, billboards, sampling, mobile, email, web, and social media. More information is available at Zoommedia.com and GenerationActive.com

Forward Looking Statements Disclaimer

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

This news release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of RYU, such as statements that: definitive agreements may be entered into; RYU will satisfy the conditions necessary to enter into definitive agreements; the aims of the consulting arrangement will materialize, including the intention to transition RYU to profitability within a two year period; and RYU will obtain shareholder approval for any increase in its compensation plans if and as required. There are numerous risks and uncertainties that could cause actual results and RYU’s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions resulting in the inability of RYU to raise necessary financing required to enter and make payments under the proposed definitive agreements; (ii) the inability of RYU to obtain any necessary approvals in respect of the proposed agreements, including approvals necessary for the issuance of the RSU’s; and (iii) inability to restructure and transform its business as required. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking statements are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, RYU does not intend to update these forward-looking statements. 

View original content:http://www.prnewswire.com/news-releases/ryu-apparel-inc-partners-with-media-proprietor-francois-de-gaspe-beaubien-and-zoom-media-for-holiday-campaign-301174805.html

SOURCE RYU Apparel Inc.

IRVINE, Calif., Nov. 17, 2020 /PRNewswire/ — BIOLASE, Inc. (NASDAQ: BIOL), the global leader in dental lasers, completed its leadership council meeting of the Waterlase Endo Academy on Nov. 14, forming an exclusive community of leading endodontists, dedicated to improving patient outcomes and profitability with new technology. The academy, open to all Waterlase endodontists, was created to foster peer-led learning, best practice sharing and optimal integration of Waterlase technology into clinical practice.

“The launch of Waterlase Endo Academy was a natural next step in our company journey, as we continue to pursue the mission of advancing dentistry,” said Todd Norbe, President and CEO of BIOLASE. “As endodontists continue to seek out more advanced solutions for challenging cases, the academy will serve as a resource for some of the greatest minds in the field to elevate the dissemination of best practices for the integration of advanced technology like the Waterlase.”

Benefits for members of the academy include ongoing mentorship from leading clinicians, didactic online meetings and interactive case reviews by Waterlase experts, in-person training experiences hosted by leading Waterlase Endo Academy clinicians, including Dr. Charles Maupin and on-demand access to clinical resources and webinars. In addition to Dr. Maupin, leadership council members of the academy include noted endodontic experts such as Dr. Francisco Banchs, Dr. Yigail Zibari, Dr. Fernando Meza, Dr. Justin Kolnick, Dr. Robert Corr and Dr. Kirk Huffaker.

The Waterlase dental laser offers various benefits for endodontists, from faster procedures to new treatment options. The Waterlase also provides greater access to lateral canals and the critical apical third in order to address this challenge, improving efficiency and patient-reported outcomes. The radial firing tip is unique allowing for success in conservative endo treatment while the overall technology delivers more predictability, reduced patient discomfort and improved patient care. The universal use of Waterlase also allows Clinicians to perform soft-tissue surgery, crown and veneer removals, apicoectomies and more.

Learn more about the benefits of laser dentistry in endodontics at biolase.com/betterendo and the Waterlase Endo Academy at biolase.com/wea.

About BIOLASE, Inc.

BIOLASE is a medical device company that develops, manufactures, markets, and sells laser systems in dentistry and medicine.  BIOLASE’s products advance the practice of dentistry and medicine for patients and healthcare professionals. BIOLASE’s proprietary laser products incorporate approximately 259 patented and 41 patent-pending technologies designed to provide biologically and clinically superior performance with less pain and faster recovery times.  BIOLASE’s innovative products provide cutting-edge technology at competitive prices to deliver superior results for dentists and patients.  BIOLASE’s principal products are revolutionary dental laser systems that perform a broad range of dental procedures, including cosmetic and complex surgical applications.  BIOLASE has sold over 41,200 laser systems to date in over 80 countries around the world.  Laser products under development address BIOLASE’s core dental market and other adjacent medical and consumer applications.

For updates and information on Waterlase iPlus®, Waterlase Express™, and laser dentistry, find BIOLASE online at www.biolase.com, Facebook at www.facebook.com/biolase, Twitter at www.twitter.com/biolaseinc, Instagram at www.instagram.com/waterlase_laserdentistry, and LinkedIn at www.linkedin.com/company/biolase.

BIOLASE®, Waterlase® and Waterlase iPlus® are registered trademarks of BIOLASE, Inc.

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SOURCE BIOLASE, Inc.

MOUNTAIN VIEW, Calif., Nov. 17, 2020 /PRNewswire/ — Portworx by Pure Storage, the industry’s most complete Kubernetes Data Services Platform, today announced updates to its award-winning product for full-service data protection, PX-Backup. The latest release, PX-Backup 1.2, now works with any storage array or software-defined storage (SDS) solution that supports the Kubernetes CSI spec, including Pure Storage FlashArray and FlashBlade. This gives customers flexibility and choice across any environment, even if they’re not using PX-Store, Portworx’s own container-granular storage engine. Additionally, PX-Backup 1.2 integrates a new usage-based billing model priced at 20 cents/node/hour, making it the ideal choice for growing businesses who want the flexibility of a pay-as-you-go model. To validate this, Portworx was named a leader in the GigaOm Radar Report for Kubernetes Data Protection for providing “a highly scalable and flexible solution for Kubernetes data storage and management that works seamlessly across different on-premises and cloud environments”.

According to 451 Research, 53% of companies have application recovery point objectives (RPO) of less than 24 hours even for non-critical apps and data – demonstrating the criticality of backups for all enterprise applications. To solve this, Portworx released PX-Backup, a point-and-click backup and recovery solution for Kubernetes applications. PX-Backup provides IT organizations with an end-to-end backup solution for containerized applications capable of managing container data lifecycles, cataloging relevant metadata, improving visibility of data access, and enabling restoration of full Kubernetes applications. PX-Backup delivers true multi-cloud availability across both stateless and stateful Kubernetes clusters, supporting major block storage systems like Amazon EBS, Google Persistent Disk, Azure Managed Disks, VMWare Storage, Pure FlashArray and any other CSI-compatible storage system.

“One year ago today, we introduced PX-Backup as a way for enterprises to capture Kubernetes application data, configuration and objects as a single unit, making them easily recoverable and redeployable,” said Murli Thirumale, General Manager, Cloud Native Business Unit, Pure Storage. “Today’s release introduces PX-Backup to an even larger audience, including enterprises not using PX-Store, and delivers the best in data protection, data management and data recovery, that our customers have come to expect.”

Today’s news follows a year of tremendous growth for Portworx, heightened by its acquisition by Pure Storage in September. Additional 2020 momentum metrics include:

• Named a leader within GigaOm’s Radar Reports for Data Storage for Kubernetes
• Achieved “Work with Anthos” qualifications from Google Cloud for its ability to enhance enterprise readiness of data services running on Anthos.
• Achieved “Advanced Technology Partner” status from AWS for providing Portworx Storage Platform for Kubernetes access to AWS customers via AWS Marketplace.
• Features like PX-Backup, PX-DR and PX-Security were recognized as some of the most advanced solutions in the market for disaster recovery, data management and scalability by customers and analyst firms alike.

PX-Backup 1.2 will be available by November 27, 2020. For more information about Portworx’s leadership in data protection around Kubernetes, visit Portworx.com.

Learn More

• Download the GigaOm Radar Report for Kubernetes Data Protection
• 
  Leading companies use Portworx
  
• 
  Kubernetes Storage
  
• 
  Portworx on Twitter
  
• 
  Portworx on LinkedIn
  

About Pure Storage
Pure Storage (NYSE: PSTG) helps modern organizations turn data into business advantage. Pure solutions enable a unified data experience that can adapt as customer needs evolve. One of the fastest-growing enterprise IT companies in history, Pure Storage helps customers put data to use while reducing the complexity and expense of managing the infrastructure behind it. Pure Storage provides a modern data experience that creates a common operating environment across multiple data centers and clouds, easing operations via APIs and intelligent AI-driven automation. And with a certified NPS customer satisfaction score in the top one percent of B2B companies, Pure’s ever-expanding list of customers are among the happiest in the world.

About Portworx by Pure Storage
Portworx, acquired by Pure Storage in October 2020, is the container storage company enterprises rely on to manage mission critical data services in containers. By enabling data availability, data security, backup and disaster recovery for Kubernetes-based applications running on-prem or across clouds, Portworx has helped dozens of Global 2000 companies such as Carrefour, Comcast, GE Digital, Lufthansa, T-Mobile, and SAIC run containerized data services in production. Based in Los Altos, Portworx partners with Amazon, Cisco, Google, IBM, VMware, and other leading enterprise software companies to accelerate container adoption. For more information, visit portworx.com or follow @portwx.

Analyst Recognition
Pure Storage has been named a Leader in the 2019 Gartner Magic Quadrant for General Purpose Storage. Additionally, Portworx was recognized as the leader in GigaOm’s inaugural 2020 Radar Report for Data Storage for Kubernetes

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SOURCE Portworx

ORLANDO, Fla., Nov. 17, 2020 /PRNewswire/ — NiSource, one of America’s largest fully regulated natural gas and electric utilities has joined the Asset to Vendor Network (A2V), a national cybersecurity information-sharing collaborative focused on the utility industry.

As a member of A2V, NiSource will share security data and findings with member utilities such as American Electric Power (AEP), Southern Company (Southern), and other members of the A2V Network. The shared information includes vendor cybersecurity controls assessments on companies such as Hitachi ABB Power Grids, a leading global engineering solution for power utilities in the world, and many others.

“We’re excited about NiSource’s participation in A2V,” said Alex Santos, CEO of Fortress Information Security, which operates the Asset to Vendor Network. “Their commitment to securing their supply chain for their natural gas and electric utilities will now also benefit other member utilities who provide electricity and natural gas to their customers. The ripple effect of their participation will be enormous.”

“The A2V Platform provides a superior solution to resolving our third-party risk challenges,” said NiSource Chief Information Officer Mike Rozsa. “The A2V platform provides us with the tools we need to manage third party risk, and the shared information lowers our operating cost. The A2V Network is a great group of companies, and we are proud to participate, especially in these times of change in the cybersecurity industry. We champion information sharing as the best way to improve cybersecurity while minimizing operating costs.”

Fortress provides security products and services to utilities covering all the lower 48 states and the District of Columbia. Companies in A2V have a combined total of more than 175,000 employees in over 80 operating companies and provide power to over 50 million consumers.

Those figures include NiSource’s customers, approximately 3.2 million natural gas customers in six states (Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia), and over 500,000 electric customers in Indiana, under the Columbia Gas and NIPSCO brands.

About NiSource

NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.2 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSource’s approximately 7,500 employees are focused on safely delivering reliable and affordable energy to our customers and communities we serve. NiSource is a member of the Dow Jones Sustainability – North America Index and the Bloomberg Gender Equality Index and has been named by Forbes magazine among America’s Best Large Employers since 2016. Additional information about NiSource, its investments in modern infrastructure and systems, its commitments and its local brands can be found at www.nisource.com. Follow us at www.facebook.com/nisource, www.linkedin.com/company/nisource or www.twitter.com/nisourceinc. 

About Fortress Information Security

Fortress Information Security, based in Orlando, FL, specializes in securing the supply chain and industrial assets of North American critical infrastructure.

About
Asset to Vendor Network

Asset to Vendor Network is a collaborative network of utilities that share cybersecurity intelligence to secure the vast supply chains that deliver bulk electric power, IT, and mission-critical systems.

For more information, contact Adam Benson at 

[email protected]

 or 202.999.9104 or Nick Noll at 

[email protected]

 or 205.383.5595. For NiSource: Ken Stammen at

[email protected]

 or 614.460.5544.

 

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SOURCE NiSource

PHOENIX, Nov. 17, 2020 /PRNewswire/ — Alpine 4 Technologies, Ltd., (OTCQB: ALPP) owner of leading small market businesses, announced today that it has entered into a binding merger agreement with Impossible Aerospace Corporation.  Impossible Aerospace builds high-performance electric aircraft and drones.  Its customers range from the US Airforce to the City of Santa Clara, and other municipalities.  Impossible Aerospace is Alpine 4’s first acquisition in the UAV space and will serve as a cornerstone to build upon.   The  shareholders of Impossible Aerospace are primarily a grouping of larger venture capital funds such as; Bessemer Venture Partners, Eclipse Ventures, Airbus Ventures, and its CEO, Spencer Gore.   The transaction will be completed in a reverse triangular merger transaction with a newly formed subsidiary of Alpine 4.  Upon meeting the final closing conditions, Impossible Aerospace will be a wholly owned subsidiary of Alpine 4.  Impossible Aerospace and Alpine 4 expect to have the closing conditions meet by December 10^th 2020.  Mr. Gore has been retained by the Company to help assist in the knowledge transfer of US-1 Drone and to assist in procuring new US Military Contracts. 

Strategic Rationale

Kent Wilson, CEO of Alpine 4, had this to say, “The essence of Alpine 4 is our business model of DSF-  Driver, Stabilizer, Facilitator.  For the past 4 years, we have been actively acquiring revenue-generating companies that fall into the Stabilizer and Facilitator categories.  We purposefully did this to add infrastructure and substance to our corporate holdings.  The Driver category is a whole different animal and typically consists of companies that are early revenue but have the potential for explosive growth and opportunity.   I recognized early on that Impossible Aerospace (IA) was what I call a unicorn Driver company.   They checked off all the boxes; patented or patentable IP, leading-edge but not bleeding edge technology, well-funded development behind its IP, and a market space of $5 billion or larger.  Couple that with the fact that Alpine 4’s subsidiary, Quality Circuit Assembly, Inc. has been building many of the essential components that go into Impossible Aerospace’s revolutionary US-1 drone, furthering our desire to make the acquisition.    

Early in the manufacturing relationship with Impossible Aerospace (IA), I expressed my interest in Alpine 4 one day acquiring IA to our sales leadership team at QCA. This year we were able to have a substantive dialogue with Spencer Gore, the CEO of IA, about what a transaction might look like.  We both agreed that Alpine 4 and its vast manufacturing resources and commercial connections would make IA a home run in the Alpine 4 umbrella of companies.”

Spencer Gore, CEO of Impossible Aerospace commented, “Alpine 4 and Impossible Aerospace are combining with a simple mission: to build the nation’s most vertically integrated UAV manufacturer. While most domestic drone makers today rely on a jumbled network of third-party vendors for key components, we envision a single factory that receives raw materials in one door and ships validated aircraft out the other — enabling better products, faster development cycles, and higher profit margins. Impossible Aerospace’s shareholders all believe the long-term growth opportunity of the combined company exceeds that of its parts, and are excited to take this next step on the fulfillment of our mission to build the world’s most capable aircraft.”

Transaction Highlights

• Mature and Highly Developed Drone Ecosystem: The acquisition of IA will allow Alpine 4 to dominate the emerging drone market with market-leading airframe and battery technology that enables real missions over 70 minutes.
• Multiple Large Market Opportunities: The ancillary markets of EMS Surveillance and Short Haul Delivery that can be supported by IA’s drone technology are large and growing.
• Patented IP: The Intellectual Property granted in the purchase of IA by Alpine 4 is supported by two patents pending and five provisional patents.
• Vertical Manufacturing:   Having the IA manufacturing process within our subsidiary, Quality Circuit Assembly, Inc., will greatly enhance our ability to push production efficiencies to the front line.  The time it takes to go from prototype to production will be cut in half. 

Impossible Aerospace:  IA builds high-performance electric aircraft that save lives. Founded in 2016 by former Tesla engineer Spencer Gore, the company unveiled its US-1 aircraft in 2018, unique for its long endurance and U.S. origin. The company was formerly backed by Bessemer Venture Partners, Eclipse Venture and Airbus Ventures. 

https://www.cnbc.com/video/2019/03/29/ex-tesla-engineer-wants-to-reinvent-aviation-at-impossible-aerospace.html

www.impossible.aero

Alpine 4:  Four principles at the core of our business are Synergy. Innovation. Drive. Excellence.  At Alpine 4, we believe synergistic innovation drives excellence.  By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets.  We deliver solutions that not only drive industry standards but also increase value for our shareholders.

Contact: Kent B. Wilson, CEO or Ian Kantrowitz, VP of Investor Relations

[email protected]

www.alpine4.com

Forward-Looking Statements: The information disclosed in this press release is made as of the date hereof and reflects Alpine 4 most current assessment of its historical financial performance. Actual financial results filed with the SEC may differ from those contained herein due to timing delays between the date of this release and confirmation of final audit results. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC. Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.

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SOURCE Alpine 4 Technologies

ELKHART, Ind., Nov. 17, 2020 /PRNewswire/ — Patrick Industries, Inc. (NASDAQ: PATK) (“Patrick” or the “Company”) announced today that it has completed the acquisition of Lake Zurich, Illinois-based Geremarie Corporation (“Geremarie”), a leading designer, manufacturer and fabricator of a full suite of high-precision aluminum components serving the marine industry, in addition to the medical, aerospace, defense, commercial and industrial markets. The Company projects Geremarie’s full-year 2020 revenues to be approximately $44 million and expects the acquisition to be immediately accretive to net income per share.

“Geremarie is a premier, innovative designer and fabricator of custom billet aluminum ski and wakeboard towers, components, trim, and accessories for major OEM brands in the marine sector,” said Andy Nemeth, President and Chief Executive Officer of Patrick. “By utilizing their state-of-the-art, fully automated systems and manufacturing capabilities, Geremarie has been successful in driving efficiency, throughput, and continuous improvement. We are very excited to partner with Jim Schultz and the Geremarie team, and we believe this acquisition represents an attractive cross selling growth opportunity within multiple end markets while providing the potential for tremendous synergies across our brand platform. In addition, the combination of Geremarie’s highly specialized engineering, programming, and operational expertise has been key to their ability to pair functionality with aesthetics in creating industry leading innovation for their customers. Consistent with previous acquisitions, we will support Geremarie with a financial and operational foundation that will allow it to capitalize on its core competencies while preserving the entrepreneurial spirit that has been so important to its success.”

Jim Schultz, founder of Geremarie, said, “After nearly 25 years developing and implementing the vision for our business model and growing our platform, we look forward to partnering with Patrick to continue to drive innovation with our product offering and our team’s commitment to customer excellence.   Patrick shares our commitment to culture and delivering the highest quality products to our customers through continuous investment in processes, manufacturing technology, people, training and systems.” 

The acquisition of Geremarie includes the acquisition of working capital and other assets and was funded under the Company’s existing credit facility. Patrick will continue to operate Geremarie on a stand-alone basis under its brand name in its existing manufacturing facility. 

About Patrick Industries, Inc.        
Patrick Industries, Inc. is a major manufacturer and distributor of component products and building products serving the recreational vehicle, marine, manufactured housing, residential housing, high-rise, hospitality, kitchen cabinet, office and household furniture, fixtures and commercial furnishings, and other industrial markets and operates coast-to-coast in various locations throughout the United States and in Canada, China and the Netherlands. Patrick’s major manufactured products include decorative vinyl and paper laminated panels, countertops, fabricated aluminum products, wrapped profile mouldings, slide-out trim and fascia, cabinet doors and components, hardwood furniture, fiberglass bath fixtures and tile systems, thermoformed shower surrounds, specialty bath and closet building products, fiberglass and plastic helm systems and component products, wiring and wire harnesses, boat covers, towers, tops and frames, electrical systems components including instrument and dash panels, softwoods lumber, interior passage doors, air handling products, RV painting, slotwall panels and components, aluminum fuel tanks, and CNC molds and composite parts and other products. The Company also distributes drywall and drywall finishing products, electronics and audio systems components, wiring, electrical and plumbing products, appliances, cement siding, raw and processed lumber, FRP products, interior passage doors, roofing products, tile, laminate and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other miscellaneous products, in addition to providing transportation and logistics services.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any projections of financial performance or statements concerning expectations as to future developments should not be construed in any manner as a guarantee that such results or developments will, in fact, occur. There can be no assurance that any forward-looking statement will be realized or that actual results will not be significantly different from that set forth in such forward-looking statement. Information about certain risks that could affect our business and cause actual results to differ from those expressed or implied in the forward-looking statements are contained in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, and in the Company’s Forms 10-Q for subsequent quarterly periods, which are filed with the Securities and Exchange Commission (“SEC”) and are available on the SEC’s website at www.sec.gov. Each forward-looking statement speaks only as of the date of this press release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date on which it is made.

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SOURCE Patrick Industries, Inc.

WINDSOR, Conn., Nov. 17, 2020 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced releases across its full line of SS&C Advent solutions, including Advent Portfolio Exchange®, Advent Genesis®, Geneva®, Moxy® and related platforms.

“Over decades, our solutions have been built in partnership with our customers, with a focus on enhancing user experience and streamlining operational workflows,” said Karen Geiger, Senior VP and Co-General Manager, SS&C Advent. “Our continuous release schedule allows our clients to be more proactive and better positioned to take advantage of market opportunities.”

Highlights of the latest releases include:

• Advent Outsourcing Services (AOS) has completed the rollout of its console, giving clients greater visibility and transparency into operational workflows, such as portfolio and market data management. The console also displays the real-time status of the automation in clients’ environments, providing more efficient and effective interactions with the AOS team.
• Advent Portfolio Exchange^® offers several new features in this cycle, including expanded search and favorites capabilities, so users can quickly find information. New workflows more easily create and clone portfolios, groups and composites. Improved automation to create, update and delete report macros lower client’s operating costs and improve consistency.
• Advent Revenue Center^® recently added scalability enhancements to improve invoice generation, forecast creation, and reporting, reducing processing times for these key areas by up to 80% relative to previous versions.
• Geneva® introduces Geneva SmartSync, the intelligent data delivery solution that eliminates batch processing and automates event-driven updates with its real-time SmartSync capabilities. The Asset Servicing workspace enables users to view system-wide events to show eligible portfolios, position impacts, and workflows. Additional enhancements include support for the transition from LIBOR to SOFR and better use of machine learning and AI for data management and governance with Lumis®.
• Advent Genesis™ recently released a new overlay portfolio management workflows for firms to manage diversified, multi-strategy portfolios and households while seamlessly integrating to the rest of the Advent Investment suite of solutions for beginning of day information and trading workflows. Additional functionality includes a new trade program allowing portfolio managers to easily reinvest proceeds from sales, enhanced restriction management workflows, and additional role-based controls.
• Tamale RMS® continues to deliver, with its sixth release this year, the introduction of task management and an enhanced contact model.  By leveraging AI and Machine Learning technology, Tamale saves analysts and portfolio managers time by automatically tagging notes and files. 
• Tradex®: The fund order management and distribution platform introduces new integration to Geneva World Investor®. The latest updates include new ways to automate exporting cash transactions, order instructions and settlements. Further enhancements include logging, performance and integration automation and security.
• Advent® Syncova: This flexible calculation platform continues its investment in data management, supporting the ability to archive standard margin and financing results to XML and a new series of APIs to facilitate margin rule override management. A consolidated stand-alone utility for managing Syncova Services enables simplified installations and operations.

About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Additional information about
SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
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SOURCE SS&C