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Quotient Survey Affirms Consumer Mindset on New Year’s Eve Celebrations, Resolutions and Food Habits in 2021

Quotient Survey Affirms Consumer Mindset on New Year’s Eve Celebrations, Resolutions and Food Habits in 2021

New Year’s Eve meals and beyond will largely be home-cooked for the foreseeable future, and pandemic-driven diet changes will spur new food behavior in the new year

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Quotient (NYSE: QUOT), the leading digital promotions, media and analytics company, today announced findings from a recent survey that reveals consumer mindset on New Year’s Eve celebrations, resolutions and food habits for 2021.

The survey of over 1,100 US consumers showed that 82% of consumers will celebrate New Year’s Eve in some form or fashion this year, but more than 48% are planning to celebrate New Year’s Eve at home with immediate family (no guests). Like many cherished holidays, food and drink will continue to take center stage. According to the survey, the majority of New Year’s Eve meals (68%) will feature food that is made and eaten at home. Thirty-nine percent of those surveyed noted they plan to cook themselves while another 29% plan to enjoy a home-cooked meal prepared by someone else.

As restaurants continue to shutter indoor dining, it’s no surprise that only 4% of consumers plan to go to a restaurant or bar. In fact, as time progresses, Quotient’s COVID-19 data dashboard shows an upward trend in grocery dollar spend lift—the dollar sales value of each basket—within Boston, Los Angeles and other major markets, reflecting the need for increased home cooking.

In addition to dining out, a champagne toast isn’t on the menu for everyone: only 23% of consumers surveyed will be consuming the sparkling beverage for New Year’s Eve. Alternatively, 20% plan to ring in the New Year with spirits/liquor, 17% with wine/mulled wine and 11% with beer. Additional insights on adult beverage preferences can be gained from our internal data tracking from March 1 to October 31, 2020.1 The liquor category saw the biggest sales lift (24%) and the highest increase in the number of shoppers (14%) when compared to other alcoholic beverages during the same period in 2019. Beer enjoyed a 23% sales lift and a 12% increase in the number of shoppers while wine experienced a 14% sales lift and a 5% increase in shoppers.

“Brands that cater to at-home celebrations and offer ingredients and ideas for experiences for a fun night in can reach consumers looking to close the book on 2020,” said Steven Boal, CEO and Founder at Quotient. “As 2020 taught us, brands have a great opportunity to listen and adjust their marketing approach to changing consumer needs to build brand affinity and loyalty long-term.”

Pandemic (and recession) fueled resolutions

In addition to New Year’s Eve plans, the survey also explored consumer resolutions for the coming year—with most (58%) planning to make a new year’s resolution. Consumers are taking a practical approach to 2021 and intend to save money/stick to a budget (58%) and eat healthier/cook at home (50%).

These goals, and the overall urge to commit to them, may have been fueled by the pandemic. Previous reports indicate that far fewer consumers were interested in making resolutions in 2019. This includes a report from Ipsos/Urban Plates, in which 38% of consumers said they had goals for 2020, and a report from YouGov, which showed that only 28% were willing to commit to meaningful changes in the months ahead.

“While saving money and eating healthier generally top new year’s resolution lists, both may have more momentum behind them this year as we wade through a pandemic and a recession,” said Boal. “Offering smarter ways to save, and expanding this into the digital realm for consumers that are online now more than ever before, will resonate with budget-conscious shoppers heading into the new year.”

Interestingly, an overwhelming majority of women (75%) vow to save money/stick to a budget while only 54% of men plan to do the same. Fifty-nine percent of consumers plan on using digital coupons to help in this effort and 36% plan to use digital rebates, further emphasizing the trend toward digital.

New year’s resolutions go beyond saving money and eating healthier. The survey found that staying at home this past year may have given some consumers a bit of clairvoyance. In fact, 17% of respondents plan to make a big life change in the upcoming year—such as seeking a new career or moving to a different state. Additionally, over 24% plan on spending more time in nature—doing things like hiking and camping.

Eating behavior shifts that stick

The pandemic showed us a tale of two eaters—with some consumers choosing to eat more healthily, while others opted for quick and easy comfort. When asked how the pandemic and staying at home affected consumers’ eating habits, 27% said they focused more on eating healthy foods and prepping their own meals. However, not everyone took the healthy route. Nearly half (48%) of respondents made adjustments to eating habits out of ease or convenience, choosing comfort food (22%), junk food (10%), frozen/pre-made meals (8%) and food from meal delivery services (8%) over alternative options. This is not surprising as Quotient’s COVID-19 data dashboard reported “frozen pizza” as one of the top 10 products sold at the end of October/early November. Additional items included “chocolate candy” and “refrigerated cookie dough.”

“We already know from our COVID-19 data tracking that more time spent at home means more food is needed, especially when meals provided from school or dining out aren’t readily available,” added Boal. “It’s no surprise, then, that resetting a healthier eating mindset is high on the list of resolutions for many consumers, tempered with the realities of today, and will be reflected as such on grocery lists.”

In the year ahead, consumers are planning to add fresh produce to the top of their grocery lists (66%). Pantry basics (43%) also remain in high demand as we continue to wade through the pandemic and spend more time at home. More than three-fourths of consumers (79%) surveyed plan to cook meals at home at least 75% of the time—up from less than two-thirds (59%) who did so before the pandemic.

Some will also be happy to know that bread’s 15 minutes of fame aren’t over just yet. Of the 34% of consumers that started baking bread during the pandemic, 79% will continue their newfound passion in the new year. Interestingly, Gen Z proved to be the demographic that baked the most bread (44%), and 77% of those individuals plan to continue baking bread in 2021.

More survey findings can be accessed on Quotient’s website here.

Methodology

To assess changing consumer behavior related to the New Year’s Eve holiday and eating habits going into 2021, Quotient conducted a survey of over 1,100 respondents across the United States via Survey Monkey in November 2020.

About Quotient

Quotient Technology (NYSE: QUOT) is the leading digital promotions, media and analytics company that delivers personalized digital coupons and ads—informed by proprietary shopper and online engagement data—to millions of shoppers daily. We use our proprietary Promotions, Media, Audience and Analytics Platforms and services to seamlessly target audiences, optimize performance and deliver measurable, incremental sales for CPG and retail marketers. We serve hundreds of CPGs and retailers nationwide, including Clorox, Procter & Gamble, General Mills, Unilever, Albertsons Companies, CVS, Dollar General and Peapod Digital Labs, a company of Ahold Delhaize USA. Quotient is headquartered in Mountain View, California, and has offices in Bangalore, Cincinnati, New York, Paris, London and Tel Aviv. Visit www.quotient.com for more information.

Quotient is the registered trademark of Quotient Technology Inc. in the United States and other countries.

1 Source: Quotient Internal Data (3/1/20-10/31/20 vs. 3/1/19-10/31/19)

Brands2Life on behalf of Quotient

Rachel Gossel

415-610-7500

E: [email protected]

 

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Retail Advertising Communications Food/Beverage

MEDIA:

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SAS Cargo Extends Partnership with Unisys for Digital Air Cargo Booking, Dynamic Pricing and Tracking

SAS Cargo integrates Unisys Cargo Portal platform to its digital service offerings for forwarders and shippers in over 100 countries

PR Newswire

COPENHAGEN and BLUE BELL, Pa., Dec. 9, 2020 /PRNewswire/ — SAS Cargo Group A/S and Unisys Corporation (NYSE: UIS) have extended their partnership with the carrier now offering its air freight services through Unisys’ Cargo Portal platform. Cargo Portal is one of the world’s most popular multi-carrier air cargo booking portals, processing more than one million bookings per year and providing carriers with access to more than 6,000 forwarders and shippers worldwide.

Signed in the third quarter, SAS Cargo’s services are now available to book via Unisys’ Cargo Portal platform, which is fully integrated with Unisys Cargo Core application, to ensure seamless freight management across all channels. Cargo Portal complements SAS Cargo’s existing systems to support increased online demand for its services, reach customers in new markets and generate higher volumes of self-service bookings.

Leif Rasmussen, president and chief executive officer, SAS Cargo, said, “Our partnership with Unisys supports our dedication to digital-first services. Our objective is to drive the digital transformation of air cargo by making it easier to do business and deliver a first-class customer experience. Unisys helps us with this objective and the portal will increase SAS Cargo’s visibility to customers with booking needs. We are extremely excited about leveraging the Cargo Portal community, reaching new clients and growing our self-service booking quota.”

Cargo Portal’s ‘Search Availability and Pricing’ capability gives SAS Cargo real-time visibility of its capacity and prices for specific flights that users are booking against – dynamic pricing optimizes capacity usage and flight profitability by processing freight dimensions during booking.

“Unisys has supported SAS Cargo since 2003 and we look forward to expanding its digital capabilities with Cargo Portal to meet the requirements of forwarders and shippers quickly and easily,” said Bill Brown, vice president and general manager, Unisys EMEA. “Cargo Portal provides the opportunity to address new revenue streams and provide a great user experience by simplifying the booking and freight management process.”

Cargo Portal brings together a global ecosystem of forwarders, sales agents, handlers and some of the world’s largest cargo carriers. The service is free to use for all forwarders and shippers and provides instant access to multiple carriers to perform one-stop searches, check dynamic pricing, make and manage bookings, track shipments and handle freight claims, amongst other carrier services, securely via any device.

Unisys has more than 55 years of experience providing innovative IT solutions to the travel and transportation industry. Nine of the top 10 airlines depend on Unisys solutions. For more information on Unisys travel and transportation offerings, please click here.

About SAS Cargo Group A/S
SAS Cargo Group A/S is the cargo and logistics branch of SAS, Scandinavian Airlines. Having managed the cargo capacity on the entire SAS network since its foundation in 1946, SAS Cargo was established as an independent and wholly owned subsidiary to SAS in 2001. SAS Cargo is the leading air cargo carrier to, from and within Scandinavia, offering cargo capacity between its three main hubs (Copenhagen, Oslo and Stockholm) and 125 destinations in Europe, the US and Asia as well as through its extensive trucking network. With its head office placed at Copenhagen Airport, right in the middle of one of Europe’s strongest life science clusters – Medicon Valley – the safe CEIV transportation of temperature sensitive products has always been a top priority for SAS Cargo. SAS Cargo is rated amongst the very top in IATA’s iQ quality ratings. The SAS Cargo vision is: We Make Air Freight Easier.

About Unisys
Unisys is a global IT services company that delivers successful outcomes for the most demanding businesses and governments. Unisys offerings include digital workplace services, cloud and infrastructure services and software operating environments for high-intensity enterprise computing. Unisys integrates security into all of its solutions. For more information on how Unisys delivers for its clients across the government, financial services and commercial markets, visit www.unisys.com.

Follow Unisys on Twitter and LinkedIn.

RELEASE NO.: 1209/9804

Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.

UIS-C

Cision View original content:http://www.prnewswire.com/news-releases/sas-cargo-extends-partnership-with-unisys-for-digital-air-cargo-booking-dynamic-pricing-and-tracking-301189050.html

SOURCE Unisys Corporation

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LexaGene to Participate at the 13th Annual LD Micro Main Event Conference

BEVERLY, Mass., Dec. 09, 2020 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce that Dr. Jack Regan, LexaGene’s CEO and Founder, will present at the 13th Annual LD Micro Main Event Conference, on December 15, 2020, at 9:00 a.m. (Eastern Time).

Interested parties can register to attend at the following link: https://ve.mysequire.com/

In addition, the Company is pleased to announce that it has engaged Native Ads, Inc., of New York, New York to perform strategic digital media services, marketing and data analytics services including, but not limited to, content development, video production and editing, website development, media buying and distribution, and campaign reporting and optimization. This 12-month campaign is scheduled to begin in January 2021 and will continue until $150,000 USD of services are rendered.

To be added to the LexaGene email list, please subscribe on the Company website.

On Behalf of the Board of Directors

Dr. Jack Regan

Chief Executive Officer
& Director

About LexaGene Holdings Inc.

LexaGene is a molecular diagnostics company that develops molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, food safety and for use in open-access markets such as clinical research, agricultural testing and biodefense. End-users simply need to collect a sample, load it onto the instrument with a sample preparation cartridge, enter sample ID and press ‘go’. The MiQLab™ system delivers excellent sensitivity, specificity, and breadth of detection and can return results in approximately one hour. The unique open-access feature is designed for custom testing so that end-users can load their own real-time PCR assays onto the instrument to target any genetic target of interest.

For further information, please contact:

Media Contacts

Nicole Ridgedale
Director of Corporate Marketing, LexaGene
800.215.1824 ext 206
[email protected]

Investor Relations

Jay Adelaar
Vice President of Capital Markets, LexaGene
800.215.1824 ext 207
[email protected]

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors — including the availability of funds, the results of financing efforts, the success of technology development efforts, the cost to procure critical parts, performance of the instrument, market acceptance of the technology, regulatory acceptance, and licensing issues — that could cause actual results to differ materially from the Company’s expectations as disclosed in the Company’s documents filed from time to time on SEDAR (see 

www.sedar.com

). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



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Marimaca Copper Identifies Large Surface Geochemical Anomaly at Mercedes Target

VANCOUVER, British Columbia, Dec. 09, 2020 (GLOBE NEWSWIRE) — Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce the results of a recently completed surface geochemical sampling and reconnaissance mapping program at the Mercedes Target, which is located 3km to the north of the Company’s flagship Marimaca Oxide Deposit (“MOD”).

Highlights

  • Geochemical sampling has identified a large copper anomaly with grades as high as 0.6% in surface sampling

    • Central geochemical high is approximately 300 metres by 300 metres and is coincident with historical mine workings with grades ranging from 0.2% up to 0.6% copper
    • A large plus 200ppm Cu anomaly extends over an area of approximately 600 metres by 500 metres, which compares favorably to the MOD
    • Approximately half of the Mercedes Target is concealed by post mineral gravels

      • The geochemical anomaly is potentially larger than the footprint indicates
    • Very little of the mineralized zone is exposed at surface and there is a superficial leached zone

      • Indicates the current anomaly is strong relative to typical background copper levels in this area and compares favorably to the MOD
  • The geochemical anomaly has the same host rocks and controlling structures as observed at the MOD

    • Intensely fractured monzodiorite host rock
    • North-south striking, east dipping, parallel sheeted fractures hosting mineralization
    • North-west trending late or post mineral fractures that control the supergene oxidation at MOD
  • Naguayán Fault System, the key controlling fault at the MOD, crosses the Mercedes Target
  • 1:1000 geological mapping and reconnaissance and geochemical sampling has commenced at the Cindy Target, approximately 1.5km to the north of the Mercedes Target
  • Exploration work is underway to further refine targets for the upcoming drilling campaigns which are expected to commence in early Q1 2021.


Sergio Rivera


,


VP Exploration


of Marimaca Copper


,


commented:

“
We have identified a large
surface
copper anomaly coincident with the previously identified magnetic anomaly at Mercedes, which is very encouraging.
We continue to note the
many
similarities with the
MOD
including
the
intensely fractured intrusive host rock, the
presence of key copper oxides
,
the
flat sheeted structural controls of mineralization
as well as
dyke swarms and faulting
which
cross
the anomal
ous area
.

“
We believe this anomaly compares favourably with the surface anoma
l
y
encountered at the MOD and, w
hile the anomalous area is
already
large, a significant proportion of it is covered by gravels
.
Unlike the MOD, very little of the mineralization
is
exposed. To have grades as high as 0.6%
Cu
in surface
geochemical
sampling – which is well above the economic cut-off grade at the MOD – is a very encouraging indication of the potential mineralization.
As a result, it presents an exciting target for a shallow scout drilling program early in the
N
ew
Y
ear.

“We are in the process of building our surface facilities and mobilizing our drilling contractors to start
the next phase of exploration drilling which,
based on our current timelines, we expect to commenc
e
in early 2021.”

Surface Geochem
ical Sampling
and Reconnaissance
Geology

The Mercedes Target is located approximately 3km to the north of the MOD and was identified as a large-scale magnetic anomaly, which has many characteristics in common with the MOD (refer to release 23 September 2020) including its structural orientation and size.

The magnetic anomaly is within close proximity to the important, regionally extensive, Naguayán Fault System, dips in a similar orientation to the magnetic anomaly at Marimaca and is also coincident with historical artisanal, open pit, oxide copper workings. 

The Company has completed a sampling program on a 50 metre by 50 metre grid in the area immediately coincident with the magnetic anomaly, extending to the west over the area believed to be prospective for oxide mineralization, as well as completing geological mapping and reconnaissance work over the same area. This defined a large copper anomaly extending approximately 600 metres by 500 metres with values above 200ppm copper.

Key features noted were similar host rocks (a strongly fractured monzodiorite) and structures to those observed at Marimaca. In particular, north-south striking, east dipping, parallel sheeted fracturing intruded by various dykes and crosscut by late stage faulting on a west north west orientation. The copper mineralization includes brochantite, chrysocolla and atacamite, which are the key oxide minerals at the MOD.

Figure
1
:
Map Showing the Area of Interest and Geochemical Anomaly Relative to the Magnetic Anomaly – 
https://www.globenewswire.com/NewsRoom/AttachmentNg/9cb09514-ae90-48ba-a11e-f26c0d8addc8

The core of the geochemical anomaly is also coincident with an area which has several small scale historical artisanal workings. Grades in this area were as high as 0.6% Cu, with numerous samples of between 0.2% and 0.5% Cu. These workings have exposed mineralization and structural controls and allowed Marimaca Copper’s geological team to observe numerous similarities with the MOD. One key feature is the presence of easterly dipping, north-south oriented, sheeted fracture zones which were prevalent at the MOD. As at Marimaca, the sheeted fractures host and control the copper mineralization at Mercedes.

Figure
2 shows a small artisanal pit which has exposed oxide mineralization. Importantly, it very clearly shows a similar style of easterly dipping, sheeted, fracturing which controls the oxide mineralization at Mercedes, and which is so prevalent at the MOD.

Figure
2:
Photo of Small-Scale Artisanal Workings, looking South, Exposing Mineralization and Structure – 
https://www.globenewswire.com/NewsRoom/AttachmentNg/6c185bef-a393-4cdb-b09b-0d9715152429

As part of the mobilization process for the upcoming drilling campaigns, the Company will build new roads and drill pads, which should expose the mineralization horizon and allow for more detailed mapping and sampling to be completed prior to drilling these exciting targets.

The area coincident with the large magnetic anomaly at Mercedes is overlain by an extensive cover of post mineralization gravels. These gravels tend to get thicker towards the west of the magnetic anomaly, which is the area believed to be most prospective for Marimaca Style oxide mineralization. Surface geological mapping has identified several areas where oxide mineralization has been exposed below gravel cover which provides additional evidence for the potential for oxide mineralization at Mercedes.

Figure
3
:
Oxide Mineralization Exposure below Gravel Cover and Extensive Gravel 
Cover at the Mercedes Target – 
https://www.globenewswire.com/NewsRoom/AttachmentNg/2fb28a0a-e2ff-455d-b891-f3ad4b0008bc

Qualified Person

The technical information in this news release, including the information that relates to geology, drilling and mineralization was prepared under the supervision of, or has been reviewed by Sergio Rivera, Vice President of Exploration, Marimaca Copper Corp, a geologist with more than 36 years of experience and a member of the Colegio de Geólogos de Chile and of the Institute of Mining Engineers of Chile, and who is the Qualified Person for the purposes of NI 43-101 responsible for the design and execution of the drilling program.

Mr. Rivera confirms that he has visited the Marimaca Project on numerous occasions, is responsible for the information contained in this news release and consents to its publication.

C
ontact Information

For further information please visit www.marimaca.com or contact:

Tavistock

+44 (0) 207 920 3150

Jos Simson/Emily Moss
[email protected]

Forward Looking Statements

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. These statements relate to future events or the Company’s future performance, business prospects or opportunities. Forward-looking statements include, but are not limited to, the impact of a rebranding of the Company, the future development and exploration potential of the Marimaca Project. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Marimaca Copper, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: risks related to share price and market conditions, the inherent risks involved in the mining, exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, the possibility of project delays or cost overruns or unanticipated excessive operating costs and expenses, uncertainties related to the necessity of financing, the availability of and costs of financing needed in the future as well as those factors disclosed in the Company’s documents filed from time to time with the securities regulators in the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. Accordingly, readers should not place undue reliance on forward-looking statements. Marimaca Copper undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein whether as a result of new information or future events or otherwise, except as may be required by law.



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Eloro Resources Announces C$3 Million Bought Deal Financing

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”) to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including Echelon Wealth Partners Inc. (together with Haywood, the “Underwriters”) pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 1,936,000 units (the “Units”) at a price of C$1.55 per Unit (the “Issue Price”) for gross proceeds to the Company of C$3,000,800 (the “Offering”).

Each Unit will consist of one common share (a “Common Share”) in the capital of the Company and one-half (1/2) of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) of the Company. Each Warrant shall be exercisable to acquire one Common Share (a “Warrant Share”) at a price per Warrant Share of C$2.00 for a period of 24 months from the closing date of the Offering.

In addition, the Company has agreed to grant to the Underwriters an option to purchase up to an additional 15% of the number of Units sold under the Offering at a price per Unit equal to the Issue Price, on the same terms and conditions as the Offering, exercisable at any time, in whole or in part, until the date that is 30 days following the closing of the Offering.

The net proceeds from the Offering will be used for exploration and development at the Company’s projects in Bolivia and Peru, and for general working capital and corporate purposes.

The Units will be offered by way of a short form prospectus to be filed in all provinces of Canada, except Québec. The Units will also be sold to U.S. buyers on a private placement basis pursuant to an exemption from the registration requirements in Rule 144A of the United States Securities Act of 1933, as amended, and other jurisdictions outside of Canada provided that no prospectus filing or comparable obligation arises.

The Offering is scheduled to close on or about December 30, 2020 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities.

In connection with the Offering, the Underwriters will receive a cash commission of 7.0% of the gross proceeds of the Offering and that number of non-transferable compensation options (the “Compensation Options”) as is equal to 7.0% of the aggregate number of Units sold under the Offering. Each Compensation Option is exercisable into one Common Share at the Issue Price for a period of 24 months from the closing date of the Offering.

The securities offered in the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About
Eloro

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Eloro has an option to acquire a 99% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. Eloro commissioned a NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited and is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometres. La Victoria has good infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150 m to 4,400 m above sea level.

For further information please contact either Thomas G. Larsen, Chairman and CEO or 
Jorge Estepa, Vice-President at (416) 868-9168.

Information in this news release may contain forward-looking information. Statements containing forward looking information express, as at the date of this news release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.



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ISW Holdings Eliminates $702K of Debt in Deal with Major Noteholders

LAS VEGAS, NV, Dec. 09, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is pleased to announce that the Company and its largest noteholders have reached an agreement (the “Agreement”) whereby about 50% of the current convertible debt owed by the Company will be exchanged for restricted preferred equity, eliminating a significant portion of the dilution potential from convertible debentures now carried in the Company’s books.

Specifically, the Company and its largest noteholder have agreed to exchange convertible debentures (principal and interest) with an aggregate value of $602K for restricted Preferred B equity, thereby reducing total debt and significantly curtailing dilution potential over the coming months and years.

“The Preferred B Shares will be restricted for a period of one year,” said Alonzo Pierce, President and Chairman of ISW Holdings, Inc. “After one year, the Preferred B Shares can only be converted at a maximum 12.5% per quarter of the original common share issuance (a total of 4.5 million common shares). So basically, no more than 562,500 common shares will hit the market in any given quarter.”

Management notes that the Agreement forms the basic template the Company will use in future financing rounds to prevent dilution risk from re-emerging.

“This move really shows the confidence of the debt holders that a strong upward trajectory for the company and its stock price is imminent,” added Pierce. “This action, of course, follows record revenue gains recorded in Q3 from the Home and Telehealth Healthcare segment, with over $769K in revenues in the first nine months of this year, growing at over 140%. Now, we are eliminating dilution risk proactively and driving major strength on the balance sheet.”

About ISW Holdings

ISW Holdings, Inc. (ISWH), based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. Our expertise lies in strategic brand development, early growth facilitation, as well as brand identity through our proprietary procurement process. Together, with our partners, we seek to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. We are able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration, and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space; and the partnership has a vitally needed patent now pending.

Forward Looking Statements

This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports filed from time to time with OTC Markets (www.otcmarkets.com).

For more information, visit www.iswholdings.com

Company Contact:

Investor Relations

[email protected]



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Rocket Pharmaceuticals Announces Proposed Public Offering of Common Stock

Rocket Pharmaceuticals Announces Proposed Public Offering of Common Stock

NEW YORK–(BUSINESS WIRE)–
Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) (“Rocket”), a clinical-stage company advancing an integrated and sustainable pipeline of genetic therapies for rare childhood disorders, today announces that it has commenced an underwritten public offering of $175 million of shares of its common stock. Rocket also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the public offering. All the shares in the offering are to be sold by Rocket. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering.

Rocket intends to use the net proceeds from the offering to further fund the development of our pipeline of gene therapies for rare diseases, including filing for marketing authorization for RP-L201 in the United States and Europe, accelerating the buildout of in-house manufacturing capabilities, and for general corporate purposes.

J.P. Morgan, BofA Securities, SVB Leerink and Piper Sandler are acting as the joint bookrunning managers for the public offering.

The public offering is being made by Rocket pursuant to an effective shelf registration statement on Form S-3 that was previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective by the SEC. A preliminary prospectus supplement relating to and describing the terms of the offering will be filed with the SEC. When available, copies of the preliminary prospectus supplement and the accompanying prospectus relating to these securities may be obtained from J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, from BofA Securities, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attn: Prospectus Department, or by email at [email protected], from SVB Leerink LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, MA 02110, by telephone at (800) 808-7525, ext. 6132, or by email at [email protected], or from Piper Sandler & Co., 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, Attention: Prospectus Department, by telephone at (800) 747-3924, or by email at [email protected]. You may also obtain these documents free of charge by visiting the SEC’s website at www.sec.gov.

This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Rocket Pharmaceuticals, Inc.

Rocket is advancing an integrated and sustainable pipeline of genetic therapies that correct the root cause of complex and rare childhood disorders. The company’s platform-agnostic approach enables it to design the best therapy for each indication, creating potentially transformative options for patients afflicted with rare genetic diseases. Rocket’s clinical programs using lentiviral vector (LVV)-based gene therapy are for the treatment of Fanconi Anemia (FA), a difficult to treat genetic disease that leads to bone marrow failure and potentially cancer, Leukocyte Adhesion Deficiency-I (LAD-I), a severe pediatric genetic disorder that causes recurrent and life-threatening infections which are frequently fatal, Pyruvate Kinase Deficiency (PKD), a rare, monogenic red blood cell disorder resulting in increased red cell destruction and mild to life-threatening anemia and Infantile Malignant Osteopetrosis (IMO), a bone marrow-derived disorder. Rocket’s first clinical program using adeno-associated virus (AAV)-based gene therapy is for Danon disease, a devastating, pediatric heart failure condition.

Forward-looking Statements

Various statements in this release concerning Rocket’s future expectations, plans and prospects, including without limitation, Rocket’s expectations regarding the consummation of the offering, the terms of the offering, the satisfaction of customary closing conditions with respect to the offering, the anticipated use of the net proceeds of the offering, Rocket’s expectations regarding its guidance for 2020 in light of COVID-19, the safety, effectiveness and timing of product candidates that Rocket may develop to treat FA, LAD-I, PKD, IMO and Danon Disease and the safety, effectiveness and timing of related pre-clinical studies and clinical trials, may constitute forward-looking statements for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks, uncertainties and assumptions. You should not place reliance on these forward-looking statements, which often include words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “target,” “will,” “will give,” “would,” or similar terms, variations of such terms or the negative of those terms. Although Rocket believes that the expectations reflected in the forward-looking statements are reasonable, Rocket cannot guarantee such outcomes. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, changes as a result of market conditions or for other reasons, the risk that the offering will not be consummated, the impact of general economic, industrial or political conditions in the United States or internationally, Rocket’s ability to monitor the impact of COVID-19 on its business operations and take steps to ensure the safety of its patients, families and employees, the interest from patients and families for participation in each of Rocket’s ongoing trials, our expectations regarding the delays and impact of COVID-19 on clinical sites, patient enrollment, trial timelines and data readouts, our expectations regarding our drug supply for our ongoing and anticipated trials, actions of regulatory agencies, which may affect the initiation, timing and progress of pre-clinical studies and clinical trials of its product candidates, Rocket’s dependence on third parties for development, manufacture, marketing, sales and distribution of product candidates, the outcome of litigation, and unexpected expenditures, as well as those risks more fully discussed in the section entitled “Risk Factors” in Rocket’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, filed November 6, 2020. Accordingly, you should not place undue reliance on these forward-looking statements. All such statements speak only as of the date made, and Rocket undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Claudine Prowse, Ph.D.

SVP, Strategy & Corporate Development

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Health Stem Cells Genetics Pharmaceutical Cardiology Biotechnology

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JinkoSolar is Listed in Weekly Toyo Keizai’s “Top 100 New Enterprises in China”

PR Newswire

SHANGRAO, China, Dec. 9, 2020 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE:JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that “Weekly Toyo Keizai”, an authoritative business and finance magazine in Japan, has listed JinkoSolar in its latest ranking of “China’s Top 100 New Enterprises”. Weekly Toyo Keizai shortlisted 100 authoritative Chinese companies based on statistics such as company scale, development and technical capabilities, and on the company’s latest financial performance for 2019 and the first half of 2020. JinkoSolar ranked 19th among China’s top 100 new enterprises in terms of revenue growth, revenue growth rate, profit margin growth and profit margin growth rate. JinkoSolar was ranked 6th based on profit margin growth rate for an individual enterprise.

Weekly Toyo Keizai’s ranking measures a company’s business scalability, corporate development capacity and technical capabilities, and demonstrates JinkoSolar’s positioning on global manufacturing and market reach, global supply chain management, industry leadership in product strategy, customer service and brand recognition.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, “We are very proud to be listed among China’s top enterprises and this recognition validates our efforts to drive innovation, and optimize our PV products and operations. As a well-known global PV manufacturer, our teams have been actively seeking new opportunities to expand our market share around the world while promoting the high-quality development of the global renewable energy industry. As a Chinese company, our growing list of international awards and recognition every year continues to be a testament to our hard work and the success of our comprehensive strategy that continues to accelerate our growth on a global scale.”

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules, as of September 30, 2020.

JinkoSolar has 9 productions facilities globally, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Hong Kong, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2020.

To find out more, please see: www.jinkosolar.com.

Safe-Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends, “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:
Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: [email protected]

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SOURCE JinkoSolar Holding Co., Ltd.

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CalAmp and Tech Start Up, Coastr, Partner to Revolutionize the Worldwide Car Rental Industry

New contactless features and on-demand fleet insurance to disrupt the car rental process

PR Newswire

EDINBURGH, Scotland and IRVINE, Calif., Dec. 9, 2020 /PRNewswire/ — CalAmp (Nasdaq: CAMP), a global technology solutions pioneer transforming the mobile connected economy and Coastr, a digital car rental innovator formerly known as Nuvven, today announced a partnership that promises to disrupt the car rental business worldwide. Coastr is aiming to do to the car rental industry what Uber did for taxi hire.

With a focus on creating an integrated digital ecosystem by equipping car rental operators with advanced technological innovations and infrastructure, Coastr is transforming car rental businesses into fully flexible and contactless models designed to make the car rental experience more convenient for consumers and businesses and thus increasing market share for car rental agencies.

“Coastr strives to offer a simplified and engaging experience to the industry as a whole,” said founder, Biswajit Kundu Roy, himself a passionate traveller. “I’ve had many frustrating car rental experiences myself and know many others who’ve endured similar situations.”

By adopting the CalAmp Telematics Cloud (CTC) and edge computing on-board diagnostics (OBD) technology, Coastr and CalAmp are helping to fully digitize the car rental businesses and compete with major market players across Europe, the Middle East, Australia and the United States. CalAmp’s innovative CTC technology and intelligent edge devices harness the powers of connectivity, Artificial Intelligence (AI), analytics and edge computing. Mobile asset management of Coastr rental vehicles via CTC and OBD telematics expands its ability to understand, analyse and gain intelligence across a mixed fleet of vehicles with real-time data pertaining to battery health, crash event, road traffic, location, predictive maintenance and servicing–and even door lock and unlock information.

“An integral part of Coastr’s revolutionary technology is the tracking and usage data that we derive from the broad fleet of vehicles operated by car rental businesses,” adds Rishabh Makrand, Coastr’s director of engineering and technology. “We knew that the telematics devices that record this data would be essential in building these new-age features for our platform, and by using CalAmp’s CTC platform and IoT devices, Coastr has developed a game-changing, on-demand fleet insurance which is usage based and set to revolutionise the car rental industry.”

Coastr, with the support of CalAmp, aims to solve operator and customer experiences through an integrated, user-friendly web-based software for the operator and a new-age customer booking app powered by CalAmp’s connected vehicle technology and AI. As a result, car rental companies will benefit from digitization and expanded customer reach, while end-customers benefit from greater choice and digital, contactless rental services. Working with CalAmp, Coastr is enabling car rental companies to expand their businesses through data-driven decision making and automation, which ultimately leads to improved efficiency, reduced costs and increased fleet utilization.

“With the CalAmp Telematics Cloud, we can help companies like Coastr reduce the cost and complexity of developing custom solutions that solve complex mobile asset management problems,” said Arym Diamond, chief revenue officer for CalAmp. “CTC provides access to a rich software development environment and valuable telematics services that can rapidly scale and connect to support the management of thousands or even millions of vehicles as Coastr grows.”

This forward-thinking partnership will bring a host of benefits to car rental companies and their business and consumer customers. This dedicated collaboration has already earned Coastr a couple of prestigious grants. These grants will allow Coastr to execute its ambitious vision of cost reductions, higher fleet utilization and empowering businesses with future-proof technology.

Why the grants count:

  • The Scottish Enterprise Innovation Grant encourages and supports ambitious projects on technology and will help to create this revolutionary on-demand fleet insurance solution.
  • The Innovate UK Grant is only awarded to a handful of projects with ground-breaking potential to make future advancements in innovation, such as Coastr’s keyless entry solution for contactless rentals.

About
Coastr

Coastr was founded in 2018 with a mission to make car rentals better for everyone through constant innovation. For car rental companies, Coastr empowers them to become fully digitised and cost-effective through an innovative digital platform that resolves operational issues at scale through advanced AI and telematics technology. For car rental users, the company aims to solve the clunky customer experience through contactless rentals and an easy-to-use booking app.

Additionally, Coastr is revolutionising the car rental insurance market by developing on-demand insurance. This feature gives access to usage-based premiums, while reducing risks through data-driven usage monitoring of car rental fleets.

The Coastr team comprises a talented pool of software developers and data scientists who work tirelessly to introduce the car rental industry to radical change. Founded by Biswajit, an avid traveller who found renting cars to be an extremely cumbersome process, Coastr strives to offer a simple and engaging car rental experience to its customers. www.coastr.com

About CalAmp

CalAmp (Nasdaq: CAMP) is a global technology solutions pioneer transforming the mobile connected economy. We help reinvent business and improve lives around the globe with technology solutions that streamline complex mobile IoT deployments and bring intelligence to the edge. Our software and subscription-based services, scalable cloud platform and intelligent devices collect and assess business-critical data from mobile assets and their contents. We call this The New How, facilitating efficient decision making, optimizing mobile asset utilization and improving road safety. Headquartered in Irvine, California, CalAmp has been publicly traded since 1983 and has 20 million products installed and over 1.3 million software and services subscribers worldwide. LoJack®, Tracker™ and Here Comes The Bus® are CalAmp brands. For more information, visit calamp.com, or LinkedIn, Facebook, Twitter, YouTube or CalAmp Blog.     

CalAmp, LoJack, Tracker, Here Comes The Bus, iOn Vision and associated logos are among the trademarks of CalAmp and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.

 

 

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SOURCE CalAmp

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Hewlett Packard Enterprise Accelerates Mainstream Enterprise Adoption for High Performance Computing with World’s Most Powerful Solutions Delivered as a service through HPE GreenLake

Hewlett Packard Enterprise Accelerates Mainstream Enterprise Adoption for High Performance Computing with World’s Most Powerful Solutions Delivered as a service through HPE GreenLake

New HPE GreenLake cloud services for HPC will enable any enterprise to run their most demanding workloads with fully managed, pre-bundled HPC cloud services to operate in any data center or colocation environment

SAN JOSE, Calif.–(BUSINESS WIRE)–Hewlett Packard Enterprise (HPE) today announced that it is accelerating mainstream enterprise adoption of high performance computing (HPC) by offering its market-leading HPC solutions as a service through HPE GreenLake. The new HPE GreenLake cloud services for HPC allow customers to combine the power of an agile, elastic, pay-per-use cloud experience with the world’s most-proven, market-leading HPC systems from HPE. Now any enterprise can tackle their most demanding compute and data-intensive workloads, to power AI and ML initiatives, speed time to insight, and create new products and experiences through a flexible as-a-service platform that customers can run on-premises or in a colocation facility.

The new offering removes the complexity and cost associated with traditional HPC deployments by delivering fully managed, pre-bundled services based on purpose-built HPC systems, software, storage and networking solutions that come in small, medium or large options. Customers can order these through a self-service portal with simple point-and-click functions to choose the right configuration for their workload needs and receive services in little as 14 days.

“The massive growth in data, along with Artificial Intelligence and high performance analytics, is driving an increased need for HPC in enterprises of all sizes, from the Fortune 500 to startups,” said Peter Ungaro, senior vice president and general manager, HPC and Mission Critical Solutions (MCS), at HPE. “We are transforming the market by delivering industry-leading HPC solutions in simplified, pre-configured services that control costs and improve governance, scalability and agility through HPE GreenLake. These HPC cloud services enable any enterprise to access the most powerful HPC and AI capabilities and unlock greater insights that will power their ability to advance critical research and achieve bold customer outcomes.”

World’s Powerful HPC Portfolio Goes Mainstream with On-Demand, Fully-Managed, Pay-per-use Services

HPC provides massive computing power, along with modeling and simulation capabilities, to turn complex data into digital models that help researchers and engineers understand what something will look like and perform in the real world. HPC also provides optimal performance to run AI and analytics to increase predictability. These combined capabilities are used to solve challenges from vaccine discovery and weather forecasting to improving designs of cars, planes and even personal and consumer products such as shampoo and laundry detergent.

According to Intersect360 Research, the HPC market will grow by more than 40%, reaching almost $55 billion in revenue by 2024, to support ongoing data growth, including data from emerging applications and endpoints, such as AI training models and edge devices, to efficiently process and analyze data.

However, traditional deployment and management of HPC systems is costly, complex, and resource-intensive. Top concerns involve system costs, operational costs related to power and cooling, and lack of skilled HPC technical staff, according to Hyperion Research.

HPE is dramatically simplifying this experience by speeding up deployment of HPC projects by up 75% and reducing capital expenditures by up to 40%1 by offering its world-leading HPC portfolio through HPE GreenLake cloud services. Enterprises can deploy these services in any data center environment, whether on-premises in their own enterprise or in a colocation facility, and gain fully managed services that allow them to pay for only what they use, empowering them to focus on running their projects to increase time-to-insight and accelerate innovation.

HPE GreenLake Cloud Services for High Performance Computing (HPC)

HPE will initially offer an HPC service based on HPE Apollo systems, combined with storage and networking technologies, which are purpose-built for running modeling and simulation workloads. The service also leverages key HPC software for HPC workload management, support for HPC-specific containers and orchestration, and HPC cluster management and monitoring. HPE plans to expand the rest of its HPC portfolio to as-a-service offerings in the future.

Customers can choose these bundles from small, medium or large configurations, receive in as little as 14 days, and gain a fully managed service from HPE.

As part of the offering, customers will gain the following features to easily manage, deploy and control costs for their HPC services:

  • HPE GreenLake Central offers an advanced software platform for customers to manage and optimize their HPC services.
  • HPE Self-service dashboard enables users to run and manage HPC clusters on their own, without disrupting workloads, through a point-and-click function.
  • HPE Consumption Analytics provides at-a-glance analytics of usage and cost based on metering through HPE GreenLake.
  • HPC, AI & App Services standardizes and packages HPC workloads into containers, making it easier to modernize, transfer and access data. The factory process is leveraged by experts to quickly move applications into a container platform as needed.

From Research to Reality: Improving Accuracy, Product Design and Quality

Zenseact, a software developer for autonomous driving solutions based in Sweden and China, uses HPE’s HPC solutions as-a-service through HPE GreenLake for modeling and simulation capabilities to analyze the hundreds of petabytes of data it generates globally from its network of test vehicles and software development centers. The solutions help fuel Zenseact’s mission to model and simulate autonomous driving experiences to develop next-generation software to support driver safety.

“At Zenseact, our mission is to improve Advanced Driver-Assisted Systems and Automated Driving to create robust and flexible solutions that will push the envelope in technological innovation and transform the driving experience,” said Robert Tapper, CIO at Zenseact. “By deploying HPE’s high performance computing solutions as-a-service with HPE GreenLake, we are addressing our mission by performing 10,000 simulations per second, based on driving data from our test cars, to accelerate insights for designing software to enable safe autonomous vehicles.”

Other enterprise use case examples include:

  • Building safer cars – Car manufacturers can model and test vehicle functions to improve designs, from simulating effectiveness of rubber types in tires to performing crash simulations to test impact for potential injuries to drivers and passengers.
  • Improving manufacturing with sustainable materials: Simulation is used to discover new materials for additional, sustainable options for aluminum and plastic packaging to increase efficiency and reduce costs.
  • Making critical millisecond-decisions in finance markets: Financial analysts can predict critical stock trends and trade, and even improve risk management, in milliseconds in a fast-paced financial services environment where quick and accurate insight is critical.
  • Advancing discovery for drug treatment: Scientists at research labs and pharmaceutical companies can perform complex simulations to understand biological and chemical interactions that can lead to new drug therapies for curing diseases.
  • Accelerating oil & gas exploration – Performing simulations, combined with dedicated seismic analytics, can increase discovery and accuracy of oil reservoirs while reducing overall exploration safety risks and costs by identifying when and where to drill for oil.

Optimizing the HPC Experience with a Dedicated HPC Partner Ecosystem

HPE has a robust ecosystem of HPC partners to help enterprises easily deploy solutions for any workload need, in any data center environment. Partners include:

  • Colocation Facilities: Customers can free up their own real estate by choosing to deploy their HPC systems and equipment in a colocation facility and use their services remotely through HPE GreenLake. HPE colocation partners for HPC deployments, which provide scalable, energy-efficient data centers, include atNorth (formerly Advania Data Center), CyrusOne and ScaleMatrix.
  • Independent Software Vendors (ISV): HPE collaborates with partners, such as Activeeon, Ansys, Core Scientific and TheUberCloud to provide solutions to optimize a range of software application needs from automation, artificial intelligence, analytics and blockchain to computer-aided engineering (CAE) and computer-aided design (CAD) that are critical to improving time-to-market for manufacturing, engineering and product design.

HPE Combines the Power of Two Market-Leading Platforms

HPE GreenLake cloud services provide customers with a powerful foundation to drive digital transformation through an elastic as-a-service platform that can run on-premises, at the edge, or in a colocation facility. HPE GreenLake combines the simplicity and agility of the cloud with the governance, compliance, and visibility that comes with hybrid IT. The business group has grown to more than $4 billion in total contract value, supporting various customers across the globe, including recent wins with Kern County in California, Nokia and YF Life Insurance International Ltd.

Similarly, HPE’s HPC offerings continue to be favored for a range of HPC needs, helping HPE become number one in HPC market share to date, according to the Hyperion Research HPC Vendor Server Market Share data. HPE’s HPC business recently gained momentum to fuel research and other R&D initiatives for customers such as NASA, the U.S. Department of Energy’s Los Alamos National Laboratory, Pawsey Supercomputing Centre in Australia, Stony Brook University, and the European High Performance Computing Joint Undertaking.

Availability

Initial pre-bundled offerings for HPE GreenLake cloud services for high performance computing (HPC) will be generally available in spring of 2021 for customers globally.2

HPE plans to expand HPE GreenLake cloud services for HPC to additional technologies, which includes Cray-based compute, software, storage and networking solutions, in the future.

All HPE GreenLake cloud services, including for HPC, are available through HPE’s channel partner program.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise is the global edge-to-cloud platform-as-a-service company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way we live and work, HPE delivers unique, open and intelligent technology solutions, with a consistent experience across all clouds and edges, to help customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com.

  1. Sourced from a commissioned study conducted by Forrester Consulting, The Total Economic Impact of HPE GreenLake, May 2020
  2. For specific country availability, please check with your local HPE GreenLake account team

 

Nahren Khizeran, HPE

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Data Management Technology Other Technology Software Networks Internet

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