Sanuk Continues to Innovate and Lighten Footprint on Planet with Launch of Second SustainaSole™ Collection

Vegan, Undyed Shoe Line Steps Towards a More Sustainable Footwear Future with Overall 55% Recycled Material by Weight

PR Newswire

GOLETA, Calif., Nov. 12, 2020 /PRNewswire/ — Sanuk, a division of Deckers Brands (NYSE: DECK), today announced the second iteration of its most eco-minded innovation, the SustainaSole collection. Launched on the heels of the brand’s July 2020 debut of the SustainaSole line, the second collection is comprised of 55% total recycled material by weight. This launch serves as a significant milestone for Sanuk’s continued pioneering and innovation in creating more sustainable footwear. The new SustainaSole styles are vegan and available in the women’s slip-on Donna style, as well as the men’s slip-on Skuner style – a new addition to this collection. Both shoes retail for $65.

Total Recycled Content
Continuing on their mission to protect happy places, Sanuk again partnered with BLUMAKA for the launch of SustainaSole to divert foam waste and turn it into quality, comfortable and sustainable shoes, addressing the footwear industry’s heavy, waste-generating reliance on virgin foams to provide a soft cushiony feeling. Instead of sending foam scrap to the landfill during the manufacturing process, Sanuk and BLUMAKA were able to collect the scrap, grind it into smaller pieces and use it to create a cushy, durable filler for shoe soles. Beyond the foam content, the textile uppers are made with 100% Recycled GRS Certified Fibers, including recycled PET fibers, recycled cotton fibers and recycled polyester fibers.  

Undyed Uppers
New to this SustainaSole collection, these styles feature undyed uppers, an intentional decision to save both water and energy. The undyed upper saved more than 200,000 total gallons of water – 115 gallons per men’s Skuner model and 76 gallons per women’s Donna model. By skipping the dyeing process on the upper, Sanuk was also able to reduce greenhouse gas impact by nearly three pounds per men’s Skuner model and nearly two pounds per women’s Donna model.

Machine Washable
Similar to the brand’s best-selling silhouettes, both of these new styles are machine washable, so consumers can extend the life of their eco-minded footwear, acknowledging that sustainability does not just come from sustainable materials, but also a product that is built to last and work for years to come. With an emphasis on durability and elevated materials, Sanuk is continuously dedicated to designing long-lasting and comfortable footwear that positively contributes to the fashion industry’s environmental footprint.

“Sanuk is committed to seeking new materials and processes to create more sustainable products,” said Erik Ecklund, General Manager at Sanuk. “These shoes mark a big step forward in our journey – and in the footwear industry – toward sustainable innovation.”

“While this SustainaSole collection is our most eco-minded endeavor to date, this line also delivers a heavy dose of comfort and versatility,” said Seth Pulford, Director of Marketing at Sanuk. “We’re proud to give stylish new life to things that would otherwise be discarded. Wearing rubbish never looked or felt so good.”

Here is the full list of SustainaSole materials and “shoe-trition” facts:

  • Overall: 55% Recycled Content by Weight
  • Upper: 100% Recycled GRS Certified Fibers (65% Recycled Cotton/35% Recycled PET).
  • Upper Lining: 100% Recycled Polyester (GRS Certified Fiber).
  • Woven Label: 100% Recycled Polyester (GRS Certified Fiber).
  • Sockliner Lining: 100% Recycled Polyester (GRS Certified Fiber).
  • Sockliner: 85% Recycled PU Foam and 15% Virgin Material.
  • Bottom Unit: Features BLUMAKA’s patented technology, consisting of 35% Recycled Foam content by weight and 75% by volume.
  • Non-recycled materials include: stitching, gore, reinforcements, PU binding agent and TPU.

In addition to the launch of the new SustainaSole styles, Sanuk is dedicated to lightening their environmental footprint with their use of sustainable hemp, sustainable leather and other recycled materials, in alignment with Deckers Brands’ commitment to creating a better tomorrow. Recently ranked on Investor’s Business Daily’s Best ESG Companies list, Deckers Brands is continually integrating sustainable business practices and socially conscious operations across all brands. A thorough review of Deckers’ corporate social responsibility initiatives can be found at www.deckers.com/responsibility.

For more information about SustainaSole, visit www.sanuk.com. A comprehensive list of Sanuk’s social and environmental initiatives can be found at www.sanuk.com/corporate-responsibility.

About SANUK®:
Welcome to the world of Sanuk. We’re an unconventional footwear brand on a mission to be the outfitter for the journey to your happy place. In 1997, we were founded with one simple goal: to make people smile….and pass it on. In the world of Sanuk, smiles are always wider…every step of the way to your happy place. For more information, visit sanuk.com or follow @sanuk #SmilePassItOn.

About
 
Deckers
 
Brands: 
Deckers Brands is a global leader in designing, marketing and distributing innovative footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The Company’s portfolio of brands includes UGG®, KOOLABURRA®, HOKA ONE ONE®, Teva®, and Sanuk®. Deckers Brands products are sold in more than 50 countries and territories through select department and specialty stores, Company-owned and operated retail stores, and select online stores, including Company-owned websites. Deckers Brands has a 40-year history of building niche footwear brands into lifestyle market leaders attracting millions of loyal consumers globally. To view Corporate Responsibility Reports from Deckers Brands, visit https://www.deckers.com/responsibility. For more information, please visit www.deckers.com.

CONTACT: Sophia Hatef, [email protected]

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SOURCE Sanuk

Zurich North America, McKesson And Big Ass Fans Among Companies Honored With 2020 Modern Accounting Awards From BlackLine

Annual global awards recognize companies that have embraced modern accounting to drive transformational outcomes

PR Newswire

LOS ANGELES, Nov. 12, 2020 /PRNewswire/ — Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has announced the winners of its 2020 Modern Accounting Awards.  The company’s second annual global awards program recognizes organizations that have demonstrated how they go beyond traditional Finance and Accounting (F&A) processes and embrace modern accounting to drive transformational outcomes using BlackLine’s cloud platform for financial automation.  2020 winners include Zurich North America, McKesson and Big Ass Fans.

BlackLine’s Modern Accounting Awards honor customer success across five categories:

  • The Transformer – Honors the company that is the picture of change management success, bringing special focus to their organization’s digital finance transformation strategy, transforming F&A operations with a bold vision across people, process and technology.
    • The award goes to one of the world’s largest healthcare conglomerates for standardizing globally on BlackLine across five Global Business Services centers with thousands of users; completing the roll-out of BlackLine’s Journals solution across 20 SAP® systems; and using BlackLine’s Intercompany Hub to standardize intercompany transactions and streamline F&A, tax and cash management around the world.
  • The Unifier – Honors the company that has overcome the challenges inherent in a complex F&A technology landscape by unifying data, processes and visibility to deliver accurate results faster.
    • The award goes to Zurich North America for transitioning to SAP® S/4HANA in only two years while maintaining accuracy and transparency between old and new systems, coming in on budget and on schedule.  As part of their ERP upgrade and in preparation for IFRS17, Zurich saw a 160% increase in total reconciliations.  By automating 98% of their certifications in BlackLine, they handled this big increase in workload without adding any headcount.
  • The Accelerator – Honors the company that has used BlackLine to automate routine work to refocus on strategic business initiatives, revolutionizing an F&A use case with process design and automation.
    • The award goes to a multinational semiconductor company that  automated Journal Entry templates for various processes including payroll and bank reconciliations and also used 150 rules in BlackLine’s Transaction Matching to automate 90% of matches in their cash clearing process – saving more than 3,000 hours on that process alone.
  • The Closer – Honors the company that embraces Continuous Accounting, distributing and executing period-end close tasks across the period to reduce month-end workloads, speed up the close process and support the business in real time.
    • The award goes to McKesson for enabling a risk ranking and materiality threshold framework that saved an estimated 7,500 hours per year through a reduction in account reconciliation frequency; standardizing processes by moving from 25 legacy templates to seven standard templates; and aligning tasks across the F&A organization to create real-time tracking and reporting of monthly progress and overdue tasks.
  • The Modernizer – Honors the company that embraces Modern Accounting, moving from traditional, manual and chaotic processes to building a proactive, predictable and fast F&A function.
    • The award goes to Big Ass Fans for modernizing F&A to embed control and consistency into every process while building a new team and reducing costs by 30%.

“We’re honored to recognize these customers who are true trailblazers, setting examples for others in their respective industries and beyond,” said BlackLine President, Chief Operating Officer and incoming CEO Marc Huffman.  “Each of the winners pushed the limits to maximize productivity gains and make a transformational difference in their Finance & Accounting organizations.”

Entries were evaluated and winners selected by a team of BlackLine digital finance transformation experts.  Award winners will be featured next week at BeyondTheBlack™ 2020:  The Modern Accounting Virtual Experience during a Customer Innovation Showcase hosted by BlackLine CEO Therese Tucker on Tuesday, Nov. 17th.  Winners also will have the opportunity to tell their story during a one-on-one interview with comedian Trevor Noah who will be participating in BlackLine’s virtual event.

BeyondTheBlack, formerly InTheBlack, is BlackLine’s annual user conference that for 12 years has brought together a global community focused on innovation in F&A.  The new name encapsulates the new reality:  accountants are now being called on to do more than just close the books and verify that the numbers are right.  What was previously their sole focus is now just one part of the value they bring.  F&A leaders are embracing modern accounting by unifying systems, data and processes to deliver accurate results faster; automating routine work to focus on strategic business initiatives; and executing accounting continuously to support the business in real time.  Instead of just making sure organizations are ‘InTheBlack’, it’s time for accountants to go ‘BeyondTheBlack’. 

BeyondTheBlack 2020 will take place virtually Tuesday to Thursday, Nov. 17th to 19th, featuring nearly 100 speakers spanning 60 sessions.  For information or to register for the complimentary virtual event, go to beyondtheblack.com.


About BlackLine

Companies come to BlackLine (Nasdaq: BL) because their traditional manual accounting processes are not sustainable.  BlackLine’s cloud-based solutions and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility.  BlackLine provides solutions to manage and automate financial close, accounts receivable and intercompany accounting processes, helping large enterprises and midsize companies across all industries do accounting work better, faster and with more control.

More than 3,200 customers trust BlackLine to help them close faster with complete and accurate results.  The company is the pioneer of the cloud financial close market and recognized as the leader by customers at leading end-user review sites including Gartner Peer Insights, G2 and TrustRadius.  Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney.  For more information, please visit blackline.com.

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SOURCE BlackLine

Orea Intersects Wide Mineralized Shear Zones at the Maripa Gold Project, French Guiana, France

PR Newswire

VANCOUVER, BC, Nov. 12, 2020 /PRNewswire/ – Orea Mining Corp. (“Orea” or the “Company”) (TSX: OREA) (OTCQX: OREAF) (FRA: 3CG) is pleased to provide an update on the drilling program at the Maripa gold project (“Maripa“) located in French Guiana, France.

  • T
    he core drilling program investigating the promising Filon Dron and subsidiary gold mineralized shear zones is underway;
  • Drill pad and access track building for the Phase 1 program was completed;
  • 600 meters of drilling in 4 drill holes have been completed to date;
  • All drill holes intersected the targeted shear zones injected with quartz veins and associated sulfide mineralization over core lengths of 20-30 meters;
  • Specks of visible gold were observed in 2 drill holes; and
  • The drilling has confirmed a 450-meter wide NNW-trending deformation corridor defined by 3 major veined and mineralized shear zones.

Filon Dron Drill Program

To date a total 592 meters of drilling were completed in 4 drill holes and hole #15 is in progress:

  • Hole MAR-20-011 (#11) tested the shear-vein system exposed by artisanal mine workings at Site #4 and was drilled to a final depth of 115.8 meters;
  • Hole MAR-20-012 (#12) tested the shear-vein system exposed by artisanal mine workings at Site #1 and was drilled to a final depth of 184.8 meters;
  • Hole MAR-20-013 (#13) tested the Filon Dron shear-vein system and was drilled to a final depth of 133.8 meters;
  • Hole MAR-20-014 (#14) tested the Site #1 shear-vein system 300 meters southeast of the intersection obtained in drill hole #12 and was drilled to a final depth of 157.5 meters; and
  • Hole MAR-20-015 (#15) is testing the Filon Dron shear-vein system 100 meters south of the intersection obtained in hole #13 and 50 meters down dip of the intersection in historical hole MAR–06–008 of 4.18 g/t Au over 36.0 meters including 7.17 g/t Au over 18.0 meters.

Refer to the following links to view the Filon Dron drill hole location map and table:

All drill holes intersected the targeted shear zones over core lengths of 19 to 27 meters. True widths are estimated at 80% of core length based on core angles with the dominant structural fabric. The drilling has confirmed a 450-meter wide NNW-trending deformation corridor defined by 3 major shear zones cutting intermediate volcanic assemblages of the Paramaca Formation. The intersections were obtained in fresh rock, with the exception of hole #14, where the surface alteration saprolite horizon was thicker than projected.

The shear zones are characterized by a penetrative structural fabric, strong sericite-carbonate alteration and injected with a network of shear and tension veins composed of an assemblage of quartz, carbonate and lesser tourmaline. The veins and wallrock are mineralized with up to 2% to 7% sulfides as pyrite and lesser chalcopyrite. Specks of visible gold were observed in drill holes #12 and #13.

The mineralized shear zones are being prioritized for sampling and gold assaying. The samples are dispatched by Orea personnel to the Filab-Amsud depot in Cayenne for trucking to the Filab-Amsud laboratory in Paramaribo, Suriname.

About Filon Dron

The promising Filon Dron prospect is one of the five partially drill-defined gold zones at Maripa. Filon Dron is located in the central part of Maripa centred over a 2,800 meter by 800 to 1,100 meter gold-in-soil anomaly straddling a faulted contact between volcanic assemblages and younger pull-apart basin sediments, marking a regional deformation corridor known as the Northern Guiana Trough (NGT) extending west into neighboring Suriname. The geological setting at Maripa is similar to the Rosebel gold mine (15.2 Moz gold) in Suriname.

The initial discovery drill program at Filon Dron, consisting of 7 shallow core holes carried-out by IAMGOLD Corporation in 2006, was limited to a 400 meter by 200 meter area of the extensive gold-in-soil anomaly. Two (2) of the 7 cored holes returned important gold mineralized intersections within the surface weathered saprolite layer of 2.45 g/t gold over 25.5 meters, including 3.17 g/t gold over 13.5 meters (MAR-06-007), and 4.18 g/t gold over 36.0 meters, including 7.17 g/t gold over 18.0 meters (MAR-06-008), defining a wide veined and gold mineralized shear zone striking north-northwest, parallel to the local stratigraphic and structural trends. Several other subparallel gold mineralized structures untested by drilling are interpreted from the surface geochemical data.

Prospecting by Orea in 2019 and 2020 led to the discovery of 3 additional shear-hosted vein systems exposed by artisanal mine workings (Sites #1, #4 and #5) in proximity to Filon Dron. Select samples of quartz veins and wallrock collected from the artisanal mine workings and ore stockpiles returned high-grade gold values at all 3 prospects, including: 5.84, 11.45 and 86.80 g/t gold at Site #1; 6.36, 6.60, 9.70, 11.08, 13.07 and 15.22 g/t gold at Site #4; and 38.87 g/t gold at Site #5 (see Orea’s news release dated September 26, 2019, November 26, 2019 and May 12, 2020).

About Maripa

Orea entered into an agreement in July 2018 with IAMGOLD Corporation to acquire up to a 70% interest in Maripa. Maripa is located in eastern French Guiana along a paved national road, approximately 60 kilometers by road south of the capital city of Cayenne. The project is comprised of up to 5 contiguous exploration permits that cover an area of 120 square kilometers, namely the Changement, Maripa, Orapu, Crique Véoux and Maripa Sud-Est permits.

Past exploration at Maripa includes 134 core holes, for a total of 9,000 meters, which partially defined 5 broad gold zones; namely Changement, Filon Dron, Maripa Sud-Est, Rhyodacite and Filon Scieur. Drilling was limited to shallow depths within the oxidized saprolite layer with all 5 prospects returning drill hole intersections of economic interest with demonstrated potential for expansion and mineral resource delineation. Gold mineralization is associated with shear-tension quartz vein systems and vein stockworks localized along major fault zones marking a regional deformation corridor known as the Northern Guiana Trough (NGT).

Initial prospecting by Orea in 2019 and 2020 in the north half of Maripa led to the discovery of 5 new quartz-gold vein systems (Sites #1 to #5) with high-grade potential in the vicinity of the Changement and Filon Dron gold zones (see Orea’s news release dated September 26, 2019, November 26, 2019 and May 12, 2020).

Qualified Person

Rock Lefrançois, President & Chief Executive Officer of Orea and Qualified Person under National Instrument 43-101, has reviewed this news release and is responsible for the technical information reported herein, including verification of the data disclosed.

About Orea Mining

Orea Mining is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America. Its mission is to develop gold deposits with a reduced environmental footprint using innovative technologies, upholding the highest international standards for responsible mining. In French Guiana, Orea Mining holds a major interest in the world-class Montagne d’Or mine development project. It is also advancing the Maripa gold exploration project.

For more about Orea Mining visit the company’s website at www.oreamining.com 

ON BEHALF OF THE BOARD:

Rock Lefrancois
President & CEO


Forward-looking statements

Certain statements and information contained in this press release constitute “forward-looking statements” within the meaning of applicable U.S. securities laws and “forward-looking information” within the meaning of applicable Canadian securities laws, which are referred to collectively as “forward-looking statements”. The United States Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as “seek”, “expect”, “anticipate”, “budget”, “plan”, “estimate”, “continue”, “forecast”, “intend”, “believe”, “predict”, “potential”, “target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Forward-looking statements in this and other press releases include but are not limited to statements and information regarding: the Company’s plans, or modifications thereunder, to develop Montagne d’Or; the construction and development plans for the Montagne d’Or gold mine, including anticipated timing thereof; the satisfaction of additional requirements to the construction of the Montagne d’Or gold mine, including but not limited to, the submission and processing of mine permit applications; the Company’s ability to renew the concessions for the Montagne d’Or project and to comply with the conditions thereof, the timing and rendering of a decision regarding the development of the gold mining industry in French Guiana; the earning into of the Maripa gold exploration project and related exploration objectives and plans; the objective of the Company to become an emerging gold producer; the acquisition of an advanced-stage gold project in South America including its terms, subsequent plans, intentions to acquire additional interests and resulting effects; objectives for any projects Orea may acquire, including completion of related feasibility studies. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled “Risk Factors” in the Annual Information Form of Orea Mining Corp, (formerly Columbus Gold Corp.), available on SEDAR under Orea’s (formerly Columbus Gold Corp.) profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in such statements. Orea undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

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SOURCE Orea Mining Corp.

Supermicro Scalable Liquid-Cooled Supercomputing Cluster Deployed at Lawrence Livermore National Laboratory for COVID-19 Research

Over 1,500 Nodes of TwinPro™2U 4 Node Servers Support Advanced Computationally Intensive Workloads for Pioneering Experimentation and Analysis

PR Newswire

SAN JOSE, Calif., Nov. 12, 2020 /PRNewswire/ — Super Micro Computer, Inc. (Nasdaq: SMCI), a global leader in enterprise computing, storage, networking solutions, and green computing technology, today announced that it has deployed an additional cluster at Lawrence Livermore National Laboratory (LLNL) to augment existing computing capabilities available for national security and to help discover therapeutics for SARS-CoV-2, the virus that causes COVID-19.

Called the “Ruby” cluster, Supermicro’s TwinPro 2U 4 node servers leverage advanced Second Intel® Xeon® Platinum processors with built-in AI acceleration and have 192 gigabytes (GB) of onboard memory. The cluster includes a total of almost 85,000 cores that reach an estimated six petaflops of peak performance. With over 1,500 nodes in 26 racks and 16 2U TwinPro servers in each rack (64 nodes), the racks are liquid-cooled using a direct-to-chip approach. These very dense racks, coupled with liquid cooling, enable a significantly smaller data center footprint and lower energy costs. Liquid cooling can provide up to 40-50% TCO savings by reducing air conditioning and cooling fan usage. Supermicro staged, tested, and orchestrated the rack-level integration and delivered complete plug-n-play systems to LLNL.

“Supermicro’s advanced TwinPro and Ultra 2U dual CPU servers were selected for their extreme density, support for large compute workloads, and the flexible server Building Block Solutions® approach so that LLNL could build exactly the best cluster configuration for their requirements,” said Charles Liang, president, and CEO of Supermicro. “We recognize the importance of LLNL’s work to support research on the devastating global pandemic and help to discover a vaccine for the COVID-19.”

Funded by the National Nuclear Security Administration’s (NNSA) Advanced Simulation and Computing Program, the Laboratory’s Multi-programmatic and Institutional Computing (M&IC) program, and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the supercomputing cluster will be used for unclassified programmatic work in support of NNSA’s stockpile stewardship mission, LLNL open science, and the search for therapeutic drugs and designer antibodies against SARS-CoV-2, the virus that causes COVID-19.

“Ruby provides a substantial computing resource in our open collaboration zone, which has experienced a heavy increase in demand due to an uptick in telecommuting and a growth in external collaborations,” said Chris Clouse, acting program director for LLNL’s ASC program. “A resource like Ruby provides a venue for leveraging expertise and tools in the open community for areas that are important to our programmatic missions.”

“The Ruby supercomputer will help drive tremendous advancements in scientific research and discovery across a range of disciplines, including COVID-19 research,” said Trish Damkroger, Intel vice president and general manager of high-performance computing at Intel.

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.

SMCI-F 

 

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SOURCE Super Micro Computer, Inc.

Grifols partners with TRC Healthcare to streamline intravenous compounding education

— The integration of Grifols PharmacyKeeper and clinical education resources from TRC Healthcare will help pharmacy leaders by delivering the most current and relevant evidence-based education available

— This partnership will also provide further educational support for front-line clinicians, essential to improving patient outcomes

PR Newswire

BARCELONA, Spain, Nov. 12, 2020 /PRNewswire/ — Grifols (MCE: GRF, MCE: GRF.P, NASDAQ: GRFS), a global leader in the development of plasma-derived therapies and provider of technologies and services for hospitals, clinics and compounding centers, today announced a partnership with TRC Healthcare, the creator of Pharmacist’s Letter and Pharmacy Technician’s Letter, to support pharmacy leaders with ongoing sterile and nonsterile education.

The companies will integrate Grifols PharmacyKeeper, the No. 1 ranked Category Leader in Intravenous (IV) Workflow Management according to KLAS1 , with market-leading clinical education tools and content from TRC Healthcare.

Between the dozens of new medications approved and thousands of clinical study results published each year, it can be challenging to keep pharmacists current on new drugs, high-risk medications and regulatory requirements. PharmacyKeeper and TRC Healthcare look to enhance the quality of patient care and patient safety by delivering clinical education resources and objective recommendations on the latest clinical findings through PharmacyKeeper’s training software system, thus managing pharmacy competencies, certifications and training all in one place.

“We are proud to partner with TRC Healthcare, the No. 1 trusted source for continuing education across the continuum of care,” said Jason Kilgour, President of Commercial Operations North America, Grifols. “Our collaboration will help support pharmacists and technicians by integrating our industry-leading IV Workflow Management software to provide the optimal end-user experience and improve patient safety.”

The partnership to offer high quality and impactful education in support of IV room staff complements and reinforces Grifols’ leadership in designing and building IV rooms, as well as supporting the highest quality IV preparations with KLAS Category Leading IV Workflow Management, including KIRO® automation.

“Having role-specific recommendations from TRC’s Pharmacist’s Letter and Pharmacy Technician’s Letter embedded directly into PharmacyKeeper reduces workflow interruptions, allowing pharmacists and technicians to seamlessly access relevant IV-specific drug information, guidance and continuing education, including important emerging updates for USP <795>, <797>, and <800>,” said Wes Crews, Chief Executive Officer of TRC Healthcare.

About PharmacyKeeper

As one of several customizable, subscription, web- and mobile-based applications within the PharmacyKeeper solution, PharmacyKeeper Verification is a photo-based, medication workflow system that increases staff efficiency, patient safety and ensures compliance with compounding regulations. PharmacyKeeper is a strategic part of inclusiv®, the Grifols comprehensive IV compounding portfolio of integrated technology, software, and service solutions dedicated to advancing quality and safety in pharmacy operations.

For more information on the growing Grifols inclusiv compounding portfolio, visit www.grifolsinclusiv.com.

About Grifols

Grifols is a global healthcare company founded in Barcelona in 1909 committed to improving the health and well-being of people around the world. Its four divisions – Bioscience, Diagnostic, Hospital and Bio Supplies – develop, produce and market innovative solutions and services that are sold in more than 100 countries.

Pioneers in the plasma industry, Grifols operates a growing network of donation centers worldwide. It transforms collected plasma into essential medicines to treat rare, chronic and, at times, life-threatening conditions. As a recognized leader in transfusion medicine, Grifols also offers a comprehensive portfolio of solutions designed to enhance safety from donation to transfusion. In addition, the company supplies tools, information and services that enable hospitals, pharmacies and healthcare professionals to efficiently deliver expert medical care.

Grifols, with more than 24,000 employees in 30 countries, is committed to a sustainable business model that sets the standard for continuous innovation, quality, safety and ethical leadership.

In 2019, Grifols’ economic impact in its core countries of operation was 8.5 billion euros. The company also generated 148,000 jobs, including indirect and induced.

The company’s class A shares are listed on the Spanish Stock Exchange, where they are part of the Ibex-35 (MCE:GRF). Grifols non-voting class B shares are listed on the Mercado Continuo (MCE:GRF.P) and on the U.S. NASDAQ through ADRs (NASDAQ:GRFS).

For more information, please visit www.grifols.com

About TRC Healthcare

TRC, the creator of Pharmacist’s Letter and Pharmacy Technician’s Letter, is the leading provider of digital medication learning that updates, informs, and educates healthcare providers across the continuum of care. In addition to its highly regarded Pharmacist’s Letter, Prescriber’s Letter,Pharmacy Technician’s Letter and Natural Medicinesonline resources, TRC provides additional online solutions for hospital and community clinicians that expand on its trusted recommendations, such as drug comparison charts, patient education handouts, FAQs and tutorials on its web-based products. In addition, TRC provides online continuing education programs for medication learning, competency, and compliance programs, and keeps clinicians and administrators informed via its continuing education (CE) dashboard and CE Organizer. TRC provides the largest catalog of education and advisory services in the industry for pharmacy, delivering nearly 400 course options to help technicians and clinicians. TRC leads the way in the training of new pharmacy technicians with Pharmacy Technicians University (PTU), the first online accredited, interactive training program of its kind. Nearly 500,000 healthcare professionals rely on TRC’s advisory and education service to access concise, unbiased and timely information to improve medication use, prevent medication errors and improve overall patient care, quality and outcomes.

For more information on TRC Healthcare, please visit www.trchealthcare.com.

1 For more information on the 2017-2020 Best in KLAS: Software and Services reports, January, © KLAS 2020, visit www.klasresearch.com 

 

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SOURCE Grifols, SA

Rambus Initiates Accelerated Share Repurchase Program

PR Newswire

SAN JOSE, Calif., Nov. 12, 2020 /PRNewswire/ — Rambus Inc. (NASDAQ: RMBS), a premier silicon IP and chip provider making data faster and safer, today announced it has initiated an accelerated share repurchase program with Deutsche Bank AG, London Branch as counterparty, through its agent Deutsche Bank Securities Inc. (Deutsche Bank) to repurchase an aggregate of approximately $50 million of its common stock, with an initial delivery of approximately 2.6 million shares.

“This program is part of a balanced approach to delivering long-term value to our stockholders,” said Luc Seraphin, president and chief executive officer at Rambus. “Our strong balance sheet combined with the increasing demand for our solutions in data-intensive applications reinforces our confidence in the future growth of the company.”

Under the accelerated share repurchase program, Rambus will pre-pay to Deutsche Bank the $50 million purchase price for its common stock and, in turn, Rambus will receive an initial delivery of approximately 2.6 million shares of its common stock from Deutsche Bank within the first week of the program. The number of shares to be purchased ultimately by Rambus will be determined based on the volume weighted average price of the common stock during the terms of the transaction, minus an agreed upon discount between the parties. The program is expected to be completed within six months. The shares of common stock will be delivered by Deutsche Bank to Rambus on the third business day following the calculation period described above.

The accelerated share repurchase program is part of the broader 20 million share repurchase program previously authorized by the Rambus Board of Directors.

About Rambus Inc.

Rambus is a premier silicon IP and chip provider that makes data faster and safer. With 30 years of innovation, we continue to develop the foundational technology for all modern computing systems. Leveraging our semiconductor expertise, Rambus solutions speed performance, expand capacity and improve security for today’s most demanding applications. From data center and edge to artificial intelligence and automotive, our interface and security IP, and memory interface chips enable SoC and system designers to deliver their vision of the future. For more information, visit rambus.com.

Forward-Looking Statements

This release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 relating, among other things, to the purchase price of shares acquired pursuant to the accelerated share repurchase program, the timing and the duration of prospective share purchases, the amount of cash that may be expended in connection with such share repurchases and the potential growth from our strategic programs. Such forward-looking statements are based on current expectations, estimates and projections, management’s beliefs and certain assumptions made by the Company’s management. Actual results may differ materially. Rambus undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

Contact:

Nicole Noutsios

Rambus Investor Relations
(510) 315-1003
[email protected]

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SOURCE Rambus Inc.

Nuance and Providence Collaborate to Create a Better Patient Experience and Ease Clinician Burden

The Providence and Nuance strategic collaboration will focus on AI-powered solutions to assist with clinician-patient documentation and reduce digital friction across the health system

PR Newswire

BURLINGTON, Mass. and RENTON, Wash., Nov. 12, 2020 /PRNewswire/ — Nuance® Communications, Inc. (NASDAQ: NUAN) and Providence, one of the largest health systems in the country, today announced a strategic collaboration to improve both the patient and caregiver experience. As part of this collaboration, Providence will build on the long-term relationship with Nuance by expanding its use of Nuance’s cloud solutions across its 51-hospital, seven-state system. Together, Providence and Nuance will also develop integrated clinical intelligence and enhanced revenue cycle solutions.

In partnership with Nuance, Providence will focus on the clinician-patient experience by harnessing  a comprehensive voice-enabled platform that through patient consent uses ambient sensing technology to securely and privately listen to clinician-patient conversations while offering workflow and knowledge automation to complement the electronic health record (EHR). This technology is key to enabling physicians to focus on patient care and spend less time on the increasing administrative tasks that contribute to physician dissatisfaction and burnout.

“Our partnership with Nuance is helping Providence make it easier for our doctors and nurses to do the hard work of documenting the cutting-edge care they provide day in and day out,” said Amy Compton-Phillips, M.D., executive vice president and chief clinical officer at Providence. “The tools we’re developing let our caregivers focus on their patients instead of their keyboards, and that will go a long way in bringing joy back to practicing medicine.”

To further improve healthcare experiences for both providers and patients, Providence will build on its deployment of Nuance Dragon Medical One with the Dragon Ambient eXperience (DAX). Innovated by Nuance and Microsoft, Nuance DAX combines Nuance’s conversational AI technology with Microsoft Azure to securely capture and contextualize every word of the patient encounter – automatically documenting patient care without taking the physician’s attention off the patient.

“We see our strategic collaboration with Providence as a model for the deep partnerships needed to transform healthcare delivery,” said Diana Nole, executive vice president and general manager, healthcare division at Nuance. “Throughout our long working relationship, Providence has been an innovation leader and deeply committed to improving patient outcomes, provider experiences, and the overall value of care delivery. We look forward to continuing our close collaboration with Providence and the opportunities to develop ambient capabilities and enhanced revenue cycle innovations that benefit the entire health care industry.”

Tom McGuinness, corporate vice president, global healthcare at Microsoft said, “The collaboration between Microsoft, Providence, and Nuance is a prime example of how to bring together the market, technical, and domain expertise needed to drive positive change in healthcare delivery and outcomes. It shows the power and synergies of Microsoft’s partner network and is one of the best outcomes we could envision for the providers and patients using our healthcare solutions.”

As part of the expanded partnership, Nuance and Providence will jointly innovate to create technologies that improve health system efficiency by reducing digital friction. This journey will begin with the deployment of CDE One for Clinical Documentation Integrity workflow management, Computer-Assisted Physician Documentation (CAPD), and Surgical CAPD, which focus on accurate clinician documentation of patient care. Providence will also adopt Nuance’s cloud-based PowerScribe One radiology reporting solution to achieve new levels of efficiency, accuracy, quality, and performance.

About Nuance Communications

Nuance Communications (NASDAQ: NUAN) is a technology pioneer with market leadership in conversational AI and ambient intelligence. A full-service partner trusted by 90 percent of US hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuitive solutions that amplify people’s ability to help others.

About Providence
Providence is a national, not-for-profit Catholic health system comprising a diverse family of organizations and driven by a belief that health is a human right. With 51 hospitals, 1,085 physician clinics, senior services, supportive housing and many other health and educational services, the health system and its partners employ more than 120,000 caregivers serving communities across Alaska, California, Montana, New Mexico, Oregon, Texas, and Washington, with system offices in Renton, Wash., and Irvine, Calif. Learn about our vision of health for a better world at Providence.org.

Trademark reference: Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. All other trademarks referenced herein are the property of their respective owners.

Media contacts:

Nuance Communications:

Nancy Scott

+1 781.565.4130
[email protected]


Providence:

Michael Connors

+1 716.481.8162
[email protected]

 

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SOURCE Nuance Communications, Inc.

RYU Announces Landmark Multi-Year Partnership with Canada Skateboard

PR Newswire

RYU Becomes Official High-Performance Apparel and Innovation Partner of
Canada Skateboard through 2023 

VANCOUVER, BC, Nov. 12, 2020 /PRNewswire/ – RYU Apparel Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB: RYAA) (“RYU” or the “Company“), a creator of award-winning urban athletic apparel, is pleased to announce entry into a 3-year partnership as the Official High Performance Apparel Provider for Canada Skateboard. 

RYU is eager to provide high performance, scientifically engineered urban athletic gear for Canada Skateboard’s athletes, including those representing Canada at the Olympic Games.

Partnership Highlights and Benefits:  

  • Developing and outfitting Canada Skateboard at the 2020 Tokyo Olympics, to be held in 2021.
  • Providing technical urban athletic apparel and gear for high-performance skateboard training camps. 
  • Achieving increased brand exposure through social media collaborations with the Canadian Skateboard Team. 
  • Heightening viewership and brand recognition through participation in National team announcements. 
  • Expanding exposure through rights to promote sales and product information to Canada Skateboard and its membership. 

Beyond 

RYU’s partnership with Canada Skateboard aligns RYU with Canada Skateboard’s mission to make the sport accessible, safe and welcoming for all. An important component of this mission includes SheCanSk8, a coast to coast initiative which promotes skateboarding for girls and women, showcasing national talent and providing a network for sharing experiences, exchanging ideas and building the skateboarding culture Canadian girls and women want.

“We are honored to launch this partnership with Canada Skateboard. There is no team in the world more exciting and important for a athletics brand to be part of. Our brand commends and supports the hard, dedication and discipline that these athletes have put into competing at the international level and I believe the athletes will be extremely satisfied with the performance attributes of RYU Apparel” commented Cesare Fazari, Chairman and Chief Executive Officer of RYU Apparel.

“On behalf of Canada Skateboard’s board of directors, staff and volunteers I’m pleased to announce our multi-year partnership with RYU Apparel Inc. As the national governing body shepherding Canadian skateboarders toward their first Olympics, it has been paramount to partner with a domestic brand sharing in our vision and beliefs. RYU’s commitment to quality garments and sustainability makes them an ideal partner. We look forward to developing Canadian made, high-quality apparel to showcase on the world stage” said Ben Stoddard the President of Canada Skateboard. 

About RYU Apparel

RYU Apparel (TSXV: RYU, OTCQB: RYPPF), 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 US Skateboard Canada

Formed in 2016, Canada Skateboard is recognized by the Canadian Olympic Committee, Sport Canadaand World Skate as the official National Sport Federation (NSF) for skateboarding in Canada. Canada Skateboard board of directors is composed of skate industry veterans with a shared vision to support, promote and grow skateboarding in Canada. The board includes professional skaters, industry heads, event producers, international judges, coaches, skatepark designers and media managers from the past and present in Canadian skateboarding. Each brings their unique expertise, personality, and a steadfast commitment to skateboarding

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 regarding the fulfillment of its obligations under the sponsorship and promotional license agreement with Canada Skateboard. 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 adverse market conditions, including those related to the COVID-19 pandemic, resulting in the inability of RYU fulfill its obligations under the sponsorship and promotional license agreement with Canada Skateboard. 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.

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SOURCE RYU Apparel Inc.

CIT Serves as Joint Lead Arranger for $70 Million Financing for Personal Care Manufacturer

PR Newswire

NEW YORK, Nov. 12, 2020 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that its Sponsor Finance business, part of the Commercial Finance division, served as joint lead arranger and joint bookrunner for a $70 million financing on behalf of Estyle Holdings Inc., makers of Eco Style hair gel and a wide range of other beauty and personal care products.

Based in Jacksonville, Florida, Estyle sells its products through distributors, beauty supply stores and leading national retail chains, targeting multicultural consumers.

The new $70 million senior secured financing consists of a revolving credit facility, delayed draw term loan and a term loan to support the recapitalization of the company by Clarion Capital Partners.

“We are pleased to partner with CIT on this transaction,” said Edward Martin, Principal of Clarion Capital Partners. “CIT worked proactively and constructively through a difficult environment to support this transaction. We look forward to continuing that partnership approach with CIT to support the business to achieve its future strategic plans.”

“We are pleased to arrange financing to support Clarion’s investment in Estyle and are looking forward to supporting the company’s continued growth,” said David Harnisch, CIT’s president of Commercial Finance and Real Estate.

CIT’s Sponsor Finance group provides cash flow and asset based senior debt for private-equity backed transactions in the middle market throughout the United States.

About CIT

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company’s commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT’s consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.


MEDIA RELATIONS:


John M. Moran

212-461-5507
[email protected]

 

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SOURCE CIT Group Inc.

2020 State of DevOps Report Finds Link Between Self-Service Platforms and DevOps Success

Latest research from Puppet reveals organizations that embrace platform models are more likely to succeed at scaling DevOps

PORTLAND, Ore., Nov. 12, 2020 (GLOBE NEWSWIRE) — Puppet, the industry standard for infrastructure automation, today released the findings of the 2020 State of DevOps Report. This year, over 2,400 IT, development, and information security professionals took the survey, revealing approaches that can help organizations scale DevOps principles and practices through providing more self-service capabilities and modernizing change management practices. Puppet’s State of DevOps report remains the longest-standing and most widely-referenced DevOps research in the industry after nearly a decade and 35,000 global survey respondents.

Taking DevOps from isolated teams to scaling across an enterprise is a significant challenge for any business. According to the report, establishing a platform approach to software delivery helps organizations standardize and scale DevOps practices across more application development teams. While the platform model is a fairly new approach for enabling application teams, it can help achieve overarching DevOps goals: faster and easier delivery of better-quality, more secure software.

Even more revealing in the report was that self-service capabilities were seen at higher levels of DevOps evolution, when companies’ DevOps practices are more mature. More evolved organizations are almost twice as likely as mid-level organizations to have high usage of internal platforms with self-service capabilities. Linked to findings in Puppet’s 2018 State of DevOps report, the DevOps evolution model consists of five stages of DevOps adoption which show critical practices at each stage and the “how” to get from one stage to the next.

“The underlying structural changes that have occurred to get to the highest level of DevOps evolution have reduced complexity in the technology stack, automated away a lot of toil, and reduced handoffs between teams — all while building a high degree of trust. These are all the necessary components for building an internal platform that can deliver higher value for the organization,” said Alanna Brown, Senior Director of Developer Relations and author of the State of DevOps report. “For organizations that are not ready to make the leap to a self-service platform approach, addressing change management processes within your company can also help eliminate toil and speed up software delivery.”

The report also revealed four common approaches to change management based on approval processes, degree of automation and risk mitigation techniques. The four approaches — operationally mature, engineering-driven, governance focused and ad hoc — result in different levels of effectiveness and different performance outcomes. Orthodox approvals make the change management process less efficient. Firms with high orthodox approvals are nine times more likely to have high levels of inefficiency than firms with low orthodox approvals. Teams that automate and practice advanced risk mitigation believe that their change management process reduces risk and downtime while facilitating the rate of change the business needs.

“This year we were able to gather data in-depth on how change management practices correlate with organizational success. The highlights for me were clear evidence that by using CI and automation as the primary change management mechanism outcomes are better, and effectiveness is higher,” said Michael Stahnke, Vice President, Platform, CircleCI. “Surprisingly, teams that have good outcomes are likely to not be satisfied with their change management process. Likely because they strive for continuous improvement — particularly when compared to organizations practicing a more traditional change management approach.”

Additional key findings of the survey, include:

  • 63 percent of the respondents state their company has at least one self-service internal platform, and 60 percent have between two and four platforms.
  • Highly evolved DevOps firms are six times as likely to report high use of internal platforms as firms with a low-level of DevOps maturation.
  • Top challenges in creating an internal platform include: lack of time; lack of standardization; and lack of technical skills within the team.
  • Firms whose employees believe their change management is effective are three times more likely to automate testing and deployment than firms where confidence in change management performance is low.
  • Among respondents with full security integration, 45 percent can remediate critical vulnerabilities within a day. Just 25 percent of those with low security integration can remediate within a day.

For every person who completed the 2020 State of DevOps survey, $1 was donated to the World Health Organization COVID-19 Solidarity Response Fund. An additional $45,000, provided by our generous sponsors, was donated to several nonprofits helping our most vulnerable communities cope with the effects of COVID-19, including WHO COVID-19 Solidarity Response Fund, No Kid Hungry and Doctors Without Borders.

*Report Methodology

The survey collected data from technical professionals with a working knowledge of their IT operations and software delivery process. A third-party research firm, ONR, hosted the survey and conducted the data analysis. The resulting report was written by Puppet and CircleCI.

Supporting Quotes

“When it comes to change governance, larger organizations tend to be the ones to experience difficulties in succeeding with DevOps at scale. The findings of this year’s report highlights this pain point,” said RJ Jainendra, VP and GM, ITBM and DevOps at ServiceNow. “Part of the problem is that older change processes, which many larger organizations still use, have reinforced silos, leading to change evasion. By leveraging adaptive change, teams can eliminate toil, increase success, and in turn become high-performing. This can be achieved using a policy-based approach to automate the change process while ensuring the highest levels of governance and on-demand deployment.”

“Secure DevOps is a hot topic and it is exciting to see organizations are taking action,” said Omer Azaria, VP of Engineering at Sysdig. “From this year’s State of DevOps Report, we’ve discovered that highly productive DevOps teams automate security and compliance as part of their change management process. These are the teams that are able to both reduce security risk and accelerate application releases.”

Additional Resources

About Puppet

Puppet makes infrastructure actionable, scalable and intelligent. From the data center to the cloud, Puppet helps enterprises modernize and manage their infrastructure to deliver innovation and efficiency through continuous automation. More than 40,000 organizations — including more than 80 percent of the Global 5000 — have benefited from Puppet’s open source and commercial solutions to ensure business continuity, optimize costs, boost compliance and ensure security – all while accelerating the adoption of DevOps practices and delivery of self-service. Headquartered in Portland, Oregon, Puppet is a privately held company with offices in London, Belfast, Singapore and Sydney. Learn more at puppet.com.

Media Contact
Zibby Keaton
Head of External Communications @ Puppet
[email protected]