ThreatLocker® Raises $115M Series D to Continue Delivering Zero Trust Endpoint Security to More Organizations

Round led by global growth equity firm General Atlantic, along with StepStone Group and the D. E. Shaw group, to accelerate product innovation and increase reach of Zero Trust endpoint security to organizations globally.

ORLANDO, Fla., April 24, 2024 (GLOBE NEWSWIRE) — ThreatLocker®, a global cybersecurity leader that offers a Zero Trust endpoint security solution, today announced it has raised $115M in Series D funding led by existing investor General Atlantic, a leading global growth equity firm, with participation from other major investors StepStone Group and the D. E. Shaw group. With the new investment, ThreatLocker® will continue to focus on driving product innovation to bring the power of Zero Trust security to more organizations and accelerating the company’s global expansion.

ThreatLocker® provides organizations with the ability to protect their IT operations with an effective Zero Trust approach to cybersecurity. The product suite provides enterprise-level server and endpoint security by blocking untrusted software, including ransomware, scripts and libraries, and exploits of known and unknown application vulnerabilities through Default Deny Application Control, Ringfencing™, Storage Control, Privileged Access Management, Network Access Control, as well as its new Endpoint Detection & Response (EDR) and Managed Detection & Response (MDR) solutions. ThreatLocker® believes that its customers should have complete control over their network and devices, know what is trying to infiltrate their stack, and not live in fear of the next cyberattack. With a powerful security tool suite designed to enable organizations to easily and directly control exactly what applications run on their endpoints, ThreatLocker® customers can rest assured knowing that their businesses are protected using the Zero Trust model framework that protects them from various cyber threats, including unknown malware, ransomware, and exploits for known and unknown vulnerabilities.

ThreatLocker® CEO Danny Jenkins commented, “ThreatLocker has made a huge impact in the industry in driving a least-privilege approach forward over the last few years and has introduced new EDR and MDR products within a single cybersecurity platform for our customers. We believe this new injection of capital will enable us to continue to develop Zero Trust products and grow ThreatLocker’s market presence. We are very excited to be partnering again with General Atlantic, as well as with new investors, StepStone Group & the D. E. Shaw group, and look forward to leveraging their teams’ deep experience in bringing products to market and scaling technologically-disruptive businesses.”

To add to this, ThreatLocker® COO Sami Jenkins commented, “We are thrilled to extend our partnerships with General Atlantic and look forward to working with StepStone and the D. E. Shaw group.” 

The new investment follows another year of growth as ThreatLocker® doubled its revenue and added 50% to its workforce. Today, ThreatLocker® has thousands of partners and protects over 50,000 organizations. Serving companies who are serious about security, ThreatLocker® partners with Enterprises and Managed Service Providers (and MSSPs), including many financial institutions, healthcare organizations, and airlines such as Emirates and JetBlue Airways.

Gary Reiner, Operating Partner at General Atlantic, continued, “ThreatLocker effectively takes the guesswork out of threat detection with its Zero Trust approach. As companies of all sizes increasingly focus on filling in gaps in their security stacks, Zero Trust is becoming a necessity – and we view ThreatLocker as an emerging leader in this paradigm shift. We are thrilled to further our partnership with the team to accelerate ThreatLocker’s growth as an endpoint security disruptor.”

About ThreatLocker® 
ThreatLocker® is a global cybersecurity leader, providing enterprise-level Zero Trust cybersecurity tools to improve the security of servers and endpoints. Founded in 2017 by Danny Jenkins, Sami Jenkins, and John Carolan, ThreatLocker® now serves thousands of organizations globally and is headquartered in Orlando, Florida, USA. For more information, visit: https://www.threatlocker.com/

About General Atlantic
General Atlantic is a leading global growth investor with more than four decades of experience providing capital and strategic support for over 520 growth companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector-specific expertise, a long-term investment horizon, and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. General Atlantic has approximately $84 billion in assets under management inclusive of all products as of March 31, 2024, and more than 300 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Miami, Mumbai, Munich, San Francisco, São Paulo, Shanghai, Singapore, Stamford and Tel Aviv. For more information on General Atlantic, please visit: www.generalatlantic.com.

About The D. E. Shaw Group
The D. E. Shaw group is a global investment and technology development firm with more than $60 billion in investment capital as of March 1, 2024, and offices in North America, Europe, and Asia. Since our founding in 1988, our firm has earned a reputation for successful investing based on innovation, careful risk management, and the quality and depth of our staff. We have a significant presence in the world’s capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies. For more information, visit www.deshaw.com.

Media Contacts

ThreatLocker®
Spencer Ford
(689) 217-4246
spencer.ford@threatlocker.com

General Atlantic
Emily Japlon & Sara Widmann
media@generalatlantic.com

The D. E. Shaw group
media-inquiries@deshaw.com

Spencer Ford
ThreatLocker Inc.
+16892174246
spencer.ford@threatlocker.com

GlobeNewswire Distribution ID 9104839

UK businesses must prioritise payment technology to build customer loyalty and stay competitive: New research from Lloyds Bank and FreedomPay

London, United Kingdom, April 23, 2024 (GLOBE NEWSWIRE) —
  • Less than a third (27%) of businesses are confident they offer seamless payments experiences.
  • Almost two-thirds of businesses (59%) across Retail, Food & Beverages and Hospitality believe a good checkout experience offers the same competitive advantage as having the best products.
  • Customer preference is the factor most likely to influence businesses’ investment in payment technologies.

New research from Lloyds Bank and FreedomPay highlights the importance of UK businesses investing in new payment technology.

Two-thirds (59%) of UK Retail, Food & Beverage (F&B) and Hospitality companies were found to already put payments at the heart of their customer experience strategy, reflecting the growing importance of payment options to customers.

For retail-focused businesses, 59% believe that a good checkout experience is essential to building customer loyalty, with respondents believing it is as much a competitive advantage as having the best products.

Meanwhile, 57% of retailers said that a poor payment experience could have a detrimental effect on their business, pushing customers to competitors who offer a better experience.

The findings come as payment infrastructure is increasingly viewed as a critical part of customers’ shopping experience. As high inflation takes its toll on both independent venues and enterprise chains, this research demonstrates the need for businesses to prioritise customer satisfaction and build brand loyalty.

A Chip Off the Old Block

However, despite understanding the importance of providing a good payment experience for customers, making this a reality appears to be a challenge for many businesses.

Half of all business surveyed (49%) said they had not invested in payment solution updates at all, and only 27% of respondents felt confident in their omnichannel payment experience offering.

This disparity highlights that businesses have a lot of room for growth, as investment in new payment technology could lead to significantly enhanced customer experiences and result in increased sales.

Data leads to better customer engagement

Other findings highlighted how businesses are using data, with many understanding that payments data can help them to make more informed decisions. 80% of respondents said they are using payments data to learn more about their customers to tailor services and products for them, which can be crucial to maintaining customer engagement and driving brand loyalty.

FreedomPay’s President Chris Kronenthal said:
“What is evident from our research is that brands must focus on payments innovation now more than ever. Understanding what customers expect and want from a payment experience is fundamental to ensuring that customers keep coming back. Choosing the right payments partner can support strategic business decisions and streamline checkout to help to deliver a personalised, seamless, and data-driven experience any time, any place.”

Melinda Roylett, Managing Director, Lloyds Bank Merchant Services said:
“The way we pay has undergone rapid shifts in the past few years. Accelerated by the pandemic, technological advancements and innovative ways of using open banking have led to the increasing adoption of contactless, digital wallet solutions and embedded finance options such as Buy Now, Pay Later. Consumers now have more choice than ever. This means that businesses also need to think about how they use the payment experience at checkout to build business growth.”

We hope you enjoy the full Report at lloydsbank.com/paymentsinsight

ABOUT FREEDOMPAY

FreedomPay’s Next Level Commerce™ platform transforms existing payment systems and processes from legacy to leading edge. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPay’s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The company maintains a world-class security environment and was first to earn the coveted validation by the PCI Security Standards Council against Point-to-Point Encryption (P2PE/EMV) standard in North America. FreedomPay’s robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. www.freedompay.com

ABOUT LLOYDS BANKING GROUP

  • Lloyds Banking Group is a leading UK based financial services group providing a wide range of banking and financial services, focused on personal and commercial customers.
  • We are proud to be by the side of British business, supporting more than 1 million UK businesses with leading digital and relationship banking services, as they start up, grow, thrive and trade internationally.
  • As part of the Group, Lloyds Bank Cardnet Merchant Services offers leading end-to-end payment acceptance solutions. We help businesses from all parts of the UK, and across all different sectors and sizes, giving them the support they need to take payments online, in store, or over the phone at any time.
  • For more information on how we help businesses to receive payments please visit: www.lloydsbank.com/cardnet

Attachments

Adam Charles, Media Relations
Lloyds Bank
0207 356 2374
Adam.charles@lloydsbanking.com

Hill & Knowlton for FreedomPay
freedompayUK@hillandknowlton.com

GlobeNewswire Distribution ID 9104694

Hitachi Energy to invest additional $1.5 billion to ramp up global transformer production by 2027

Capacity expansion will increase speed to market to meet accelerating global demand, address long-term customer investments and create over 4,000 jobs — Investments span across Europe, the Americas, and Asia leveraging existing global footprint — Around $180 million in a new state-of-the-art transformer factory in Finland, a key location for clean technology development for renewables and industrial electrification

Zurich, April 23, 2024 (GLOBE NEWSWIRE) — Hitachi Energy today revealed investments of over $1.5 billion to ramp up its global transformer manufacturing capacity to keep pace with the growing demand and support the long-term plans and electrification efforts.

The investments will gradually expand the company’s global transformer capacity by 2027 and are in addition to the $3 billion already announced to progress on the electrification of the energy system driven by the energy transition.

“The demand for transformers and electrical equipment has grown at an unprecedented scale, and we are investing to address our customers’ mid- and long-term needs. We are developing our global footprint and capacity and progressing in digitalization and technology to deliver even more sustainable and reliable solutions,” said Bruno Melles, Managing Director of the Transformers Business at Hitachi Energy, during the company’s flagship customer event, Energy & Transformers Days in Rome, Italy.

Today, the company is also announcing an investment of around $180 million in a new state-of-the-art transformer factory in the Vaasa region, Finland. This top-notch 30,000-square-meter campus will be a testament to Hitachi Energy’s dedication to innovation, quality, and environmental stewardship.

The investments complement Hitachi Energy’s broader growth efforts, which include the recently announced larger than $30 million expansion in Bad Honnef, Germany. Leveraging the company’s global footprint, additional investments will follow in Europe, the Americas, and Asia to meet the growing demand for power and distribution transformers.

Hitachi Energy’s transformer facility expansions include the ongoing project in South Boston, Virginia, US, and other recently completed projects at Jefferson City, Missouri, US, and Dos Quebradas, Colombia. In addition, the company has inaugurated new cutting-edge factories in Chongqing, China, and Hanoi, Vietnam, together with a new transformer service center in Welshpool, Australia.

“Our global investments, including the new transformer campus in Finland, underline our commitment to co-create with our utility and industry customers and partners the path to accelerate the energy transition. By strategically leveraging our global footprint, technology, and the expertise of our teams, we are not only poised to meet the global demand for sustainable energy solutions but also to drive the innovation necessary for a carbon-neutral future,” Melles added.

Transformers play a key role across the power value chain, enabling efficient transmission and distribution of electricity. They are a key component for applications such as integrating renewables, grid interconnections, powering data centers and electrifying transportation, facilitating the decarbonization of energy systems.

Hitachi Energy is the world’s largest transformer manufacturer in terms of installed base, portfolio range, manufacturing capacity, and market coverage, with over 60 transformer factories and service centers across the world.

Growing the service and digital capabilities is part of the company’s efforts to help utilities and industries operate and maintain their electrical assets. Digitalization enables efficient operations across the whole value chain, enabling reliability-centered asset management programs to help our customers extend the transformers’ life cycle, support sustainability, and allow delayed investments in new equipment.

All the announced transformer investments include sustainable and innovative manufacturing technologies for operational efficiency while ensuring high standards for safety and quality. They are advancing the company’s efforts to become carbon-neutral by 2030 and aim to create positive economic and social impact in the local communities. Hitachi Energy employs over 17,000 people across the globe in its Transformer business and plans to increase its workforce by adding 4,000 new jobs to the industry.

About Hitachi Energy
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. We integrate more than 150 GW of HVDC links into the power system, helping our customers enable more wind and solar. Headquartered in Switzerland, we employ more than 40,000 people in 90 countries and generate business volumes of over $10 billion USD.
https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://twitter.com/HitachiEnergy

About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the business structure of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s consolidated revenues for fiscal year 2022 (ended March 31, 2023) totaled 10,881.1 billion yen, with 696 consolidated subsidiaries and approximately 320,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

Attachment

Media Relations
Hitachi Energy
media.relations@hitachienergy.com

GlobeNewswire Distribution ID 9104173

EMGA secures US$ 15M financing for Banco Improsa in Costa Rica

LONDON, April 22, 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA), in partnership with Banco Improsa, announces that it has secured a US$15 million line of credit from The Japan International Cooperation Agency (JICA).

EMGA’s Head of Investment Banking and Managing Director of EMGA, Sajeev Chakkalakal, stated: “In spite of a challenging global macroeconomic environment, we are pleased to once again facilitate Banco Improsa’s continued vision to supporting SMEs in Costa Rica and complete this financing solution.”

Commenting on the transaction, Felix Alpizar Lobo, General Manager of Banco Improsa, said: “This financing reaffirms our commitment to strengthening the SME segment in Costa Rica. Banco Improsa is proud to share JICA’s objective of contributing to the economic and social growth of developing countries.”

EMGA’s Managing Director Jeremy Dobson added: “Banco Improsa’s strong management and healthy financial position were key factors in helping the EMGA Investment Banking team secure this funding, and this JICA facility will further strengthen Banco Improsa’s ability to grow its core SME lending book.”

JICA

The Japan International Cooperation Agency is a governmental agency that provides most of the Official Development Assistance for the Government of Japan. It is chartered with assisting the economic and social growth of developing countries, and the promotion international cooperation.

EMERGING MARKETS GLOBAL ADVISORY LLP (EMGA)

EMGA, with offices in London and New York, assists financial institutions and corporations seeking new debt or equity capital. EMGA’s multi-national team combine the decades of experience necessary to complete transactions on behalf of their clients within the world’s emerging markets and frontier economies, including Costa Rica which remains a key market. With a proven track record in capital formation and strategic advisory throughout diverse economic cycles, EMGA continues expanding its geographic reach and service offering, solidifying its place in the market as one of the industries pre-eminent emerging markets focused niche investment banks.

BANCO IMPROSA

It is a commercial bank with more than 37 years of experience, whose relational business model and focus on niche markets specializes in providing financing solutions and services to small and medium-sized enterprises (SMEs), among others. Banco Improsa was one of the first private banks in Costa Rica to offer non-financial services to its clients and has a long-standing history of providing advice and support to SMEs. Banco Improsa’s key success factor is its commitment to high standards of agile and flexible service, which, together with the offer of customized financial solutions, has enabled it to achieve a solid position in these segments.

Banco Improsa is a subsidiary of Grupo Financiero Improsa (GFI).

Contact details:
info@emergingmarketsglobaladvisory.com


GlobeNewswire Distribution ID 1000946184

Concentrix + Webhelp Rebrands as Concentrix

Company’s rebranded identity solidifies its position as the global technology and services organization, powering the brands of the future

NEWARK, Calif., April 22, 2024 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader that has been operating under the trade name of Concentrix + Webhelp, today announced its transition to the Concentrix name and continued evolution of its brand.

Concentrix + Webhelp rebrand as Concentrix: Concentrix + Webhelp today announced its transition to the Concentrix name and continued evolution of its brand.

A Media Snippet accompanying this announcement is available by clicking on this link.

The Concentrix name is based on the concept of concentric circles, reflecting the company’s focus on keeping its people and clients always at the center, a concept that is still as relevant today as it was when the name was established. The newly designed visual identity represents the technology and transformative solutions that Concentrix delivers to power the brands of the future.

This rebrand reinforces the company’s continued commitment to bringing together a comprehensive and unmatched portfolio of capabilities. With an expanded breadth of generative AI solutions, digital capabilities, and high-value services, the company believes it has never been better positioned to deliver fully integrated, end-to-end solutions across the entire enterprise, at speed and scale.
“With this rebrand, we solidify our position as a leading technology and services company that is human-centered, tech-powered and intelligence-fueled,” said Chris Caldwell, President and CEO of Concentrix. “Whether it’s designing game-changing brand experiences, building and scaling secure AI technologies, or running digital operations, we bring together fully integrated solutions that solve our clients’ toughest business challenges.”

Today, Concentrix’ 2,000+ clients benefit from a robust, well-balanced footprint, backed by global consistency, local market expertise and a world-class portfolio of capabilities aligned to design, build, and run the cutting-edge solutions the company delivers.

To learn more about Concentrix, please visit concentrix.com.

About us: Experience the power of Concentrix
Concentrix Corporation (NASDAQ: CNXC) is a global technology and services leader that powers the world’s best brands, today and into the future. We’re human-centered, tech-powered, intelligence-fueled. Every day, we design, build, and run fully integrated, end-to-end solutions at speed and scale across the entire enterprise, helping over 2,000 clients solve their toughest business challenges. Whether it’s designing game-changing brand experiences, building and scaling secure AI technologies, or running digital operations that deliver global consistency with a local touch, we have it covered. At the heart of everything we do lies a commitment to transforming the way companies connect, interact, and grow. We’re here to redefine what success means, delivering outcomes unimagined across every major vertical in 70 + markets. Virtually everywhere. Visit concentrix.com to learn more.

Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include, but are not limited to, statements regarding the company’s capabilities and positioning to deliver business outcomes and solve challenges for its clients, and statements that include words such as believe, expect, may, will, provide, could and should and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, risks related to the company’s ability to successfully execute its strategy, competitive conditions in the company’s industry, and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2023 filed with the Securities and Exchange Commission and subsequent SEC filings. We do not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made.

Copyright 2024 Concentrix Corporation
All rights reserved. Concentrix, Webhelp, Concentrix + Webhelp, the Concentrix and Webhelp logos, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries. Concentrix and the Concentrix logo Reg. U.S. Pat. & Tm. Off. and applicable non-U.S. jurisdictions. Other names and marks are the property of their respective owners.

Investor Contact:
Sara Buda
Investor Relations
Concentrix Corporation
investor.relations@concentrix.com

Media Contact:
Debbie Gonzalez
Marketing & Communications
Concentrix Corporation
media@concentrix.com

GlobeNewswire Distribution ID 9103218

Revolutionary Scientists Honored for Advancements in Gene Therapy for Neuromuscular Diseases and RNA Discoveries: King Faisal Prize Laureates in Medicine, Professor Jerry Mendell, and in Science, Professor Howard Chang, Awarded

During its 46th session, King Faisal Prize Recognized Other Outstanding Figures in the Fields of Islamic Studies, and Service to Islam

Riyadh, Saudi Arabia, April 22, 2024 (GLOBE NEWSWIRE) — During the 46th session of King Faisal Prize on April 22, exceptional accomplishments in the fields of gene therapy for neuromuscular diseases and groundbreaking RNA discoveries were acknowledged. Professor Jerry Mendell was awarded the Medicine Prize for his groundbreaking contributions to the screening, early diagnosis, and treatment of neuromuscular disorders, notably spinal muscular atrophy (SMA) and Duchenne muscular dystrophy (DMD). Professor Howard Chang received the Science Prize for unveiling the intrinsic role of long non-coding RNAs in gene regulation and function, a previously overlooked area of study.

Through innovative gene therapy approaches, Professor Mendell, the Director of Gene Therapy Center at Nationwide Children’s Hospital and Curran Peters Chair in Pediatric Research, has revolutionized treatment strategies, offering hope to countless patients worldwide.

Spinal muscular atrophy (SMA), once considered a leading genetic cause of infant mortality, has seen a paradigm shift in treatment due to Professor Mendell’s pioneering efforts. By utilizing gene therapy to deliver crucial genes to affected cells, he has significantly improved outcomes for patients, leading in 2019 to the first-ever FDA-approved gene therapy treatment for pediatric SMA patients (Zolgensma®).

In addition to his work in SMA, Professor Mendell’s research has extended to Duchenne muscular dystrophy and limb-girdle muscular dystrophy, showcasing the versatility and efficacy of gene therapy in addressing a spectrum of neuromuscular conditions. Genetic mutations in Duchenne muscular dystrophy (DMD) patients hinder the production of dystrophin, a crucial protein for muscle health. While initial symptoms primarily affect skeletal muscles, DMD progresses to impact cardiac and respiratory functions. Gene therapy offers a solution by addressing this genetic anomaly, allowing the body to produce dystrophin and halt muscle degeneration. In June 2023, the U.S. Food and Drug Administration approved the first treatment for pediatric DMD patients aged 4-5, utilizing a pioneering gene therapy co-developed by Professor Mendell and Professor Louise Rodino-Klapac, a former post-doctoral researcher in Mendell’s lab. This therapy involves a single injection, delivering a micro-dystrophin gene within an adeno-associated virus serotype (AAVrh74), facilitating the transfer of missing or corrected genes to cells.

He has played a significant role in clinical trials targeting different forms of Limb-Girdle Muscular Dystrophy (LGMD), characterized by muscle weakness affecting the shoulders, upper arms, hips, and upper legs. One study particularly concentrated on LGMD2B, demonstrating that a single injection of a gene therapy vector effectively restored damaged muscle fibers, mitigating degeneration, and improving muscle function.

Professor Mendell boasts a portfolio of more than 400 published papers, a testament to his prolific contributions to the field. In acknowledgment of his achievements, he was honored with election to the National Academy of Medicine in 2021. The American Society of Gene and Cell Therapy bestowed upon him the prestigious Translational Science Award named in his honor. Furthermore, in 2017, Science Magazine recognized his groundbreaking work in SMA Gene Therapy with the esteemed Breakthrough Achievement Award. His accolades also include numerous other awards and invitations to deliver honorary lectures at esteemed institutions.

In his acceptance speech during the ceremony, Professor Mendell said, “The principles of the award that reflect King Faisal’s intent to relieve human suffering are consistent with my own views and lifetime achievements. I have done everything I could do to improve the quality and prolong life for patients afflicted with neuromuscular diseases.

On the frontier of molecular biology, Professor Howard Chang, a physician-scientist and Professor of Dermatology and Genetics, and Virginia and D.K. Ludwig Professor of Cancer Research at Stanford University, has been awarded King Faisal Prize for Science in Biology. Professor Chang’s elucidation of the role of long non-coding RNAs (lncRNAs) in gene regulation has revolutionized our understanding of cellular processes and disease mechanisms.

Through innovative genome-wide methodologies, Professor Chang has uncovered the intricate interplay between lncRNAs and gene expression, shedding light on fundamental biological processes underlying development, cancer, and aging. Despite not encoding proteins, lncRNAs are crucial for controlling the timing and amount of protein production, impacting the overall function and behavior of cells.

Within each human cell, a remarkable feat of organization unfolds: 2 meters of DNA are tightly packed into a nucleus merely 10 microns in size. This dense packaging renders most of the DNA inaccessible, except for the active DNA elements crucial to the cell’s functioning and reading. Identifying these accessible elements unveils invaluable insights into the cellular “software.” His groundbreaking techniques lie in mapping chromatin—the substance constituting chromosomes, comprised of DNA and associated proteins governing genome structure and gene expression. This has provided unprecedented insights into the regulatory mechanisms governing gene expression, paving the way for novel therapeutic interventions and precision medicine approaches. One technique is the Assay of Transposase Accessible Chromatin, employing the Tn5 transposase enzyme to efficiently copy and paste DNA. This revolutionary technique has yielded a million-fold enhancement in sensitivity and a hundred-fold improvement in mapping speed for regulatory DNA—the epigenome—in human cells.

As the founder of the RNA Medicine Program at Stanford University, Professor Chang continues to spearhead efforts to translate RNA science into tangible clinical applications, furthering the promise of RNA-based therapeutics in treating a wide range of diseases. Prof. Chang’s honors include the NAS Award for Molecular Biology, Outstanding Investigator Award of the National Cancer Institute, Paul Marks Prize for Cancer Research, Judson Daland Prize of the American Philosophical Society, and the Vilcek Prize for Creative Promise. His work was honored by the journal Cell as a Landmark paper over the last 40 years and by Science as “Insight of the decade”.

In his acceptance speech during the ceremony, Professor Chang said, “Our research asked a basic question: how do cells decide when and where to switch different genes on? How do these decisions get passed over time? Our studies led us to a new class of RNAs, called long noncoding RNAs, that help cells remember their cell fates. Our understanding of the gene switches led to an understanding of how inherited genetic differences cause disease, especially immune diseases. This understanding also helped to tackle mutations that arise in cancer.”

In addition to honoring advancements in medicine and science, King Faisal Prize also recognized exemplary contributions in Islamic Studies and Service to Islam.  Professor Wael Hallaq, among the top 500 scholars in Islamic Studies globally, was awarded the Islamic Studies prize for his groundbreaking contributions in guiding the development of Islamic legislation and challenging the narrative of closing of the gate of ijtihad – interpreting Islamic texts – gained prominence, reshaping accepted paradigms in the field.

The Japan Muslim Association and Mr. Mohammad El Sammak were honored for their exemplary leadership in serving Islam and humanity. The Japan Muslim Association is a pioneering Islamic organization for Japanese Muslims, renowned for its historic translation of the Holy Quran into Japanese, and its defense of Muslims’ affairs in Japan. And, Mr. Mohammad El Sammak, a pioneer in dialogue and bridge-building between different faiths, has made a lasting impact in interfaith dialogue over five decades. He was awarded for his effective contributions to conferences exploring Islam’s relationship with other beliefs and his leadership in institutions dedicated to tolerance and peace.

King Faisal Prize for Arabic Language & Literature for 2024 on the topic of “Non-Arab Institutions and their Endeavors to Promote Arabic” was withheld due to nominated works not elevating to the criteria of the prize.

Since 1979, King Faisal Prize in its 5 different categories has awarded 295 laureates who have made distinguished contributions to different sciences and causes. Each prize laureate is endowed with USD 200 thousand; a 24-carat gold medal weighing 200 grams, and a Certificate inscribed with the Laureate’s name and a summary of their work which qualified them for the prize.

Attachments

Maysa Shawwa
King Faisal Foundation
Maysa.Shawwa@kff.com

GlobeNewswire Distribution ID 9103755

Giambattista Valli dazzles Barcelona during the Bridal Night

BARCELONA, Spain, April 19, 2024 (GLOBE NEWSWIRE) — The most exclusive fashion show of the Barcelona Bridal Fashion Week charmed over 450 guests last night who enjoyed a unique show in the historic building of the Llotja de Mar. The Maison Giambattista Valli exclusively celebrated the runway debut of its bridal collection during the Bridal Night, the gala evening of the event organized by Fira de Barcelona with the support of the Catalan Ministry of Business and Labor.

In an extraordinary show, Giambattista Valli’s 30 creations shone with their own light. It was a culmination of silhouettes, representing a comprehensive exhibition of Mr. Valli’s concept of contemporary bridal dressing, inviting his audience to witness the manifestation of his vision, translated into a presentation that embodies the essence of individuality, sharing a dream and a celebration and love.

The fashion show featured ten dresses from the third “Love Collection,” ten iconic silhouettes from the first and second “Love Collections” and ten Haute Couture creations, inspiring the magnificence and the savoir-faire of the Ateliers, stepping away from classic wedding rituals and focusing on the significance of the emotions of the “moment” and the joys of celebrations. Infused with the Maison’s idyllic aesthetic and excellence, Valli’s dresses stood out with a contemporary edge, whether through clean lines, unforgettable volumes or unexpected details inspired by the personalities of an imaginary new group – Mr. Valli’s friends. This blend of classic and modern appeals to many brides worldwide looking for a unique wedding gown, in pure Valli style and tied to their own personal storytelling.

The prestigious designer was delighted after the show and said that, “I chose Barcelona and Bridal Fashion Week for the debut of my Love Collection 3 because it is an event that attracts a diverse audience of fashion enthusiasts, designers, buyers and media from all over the world, and provides me with maximum global visibility and opportunities for success.” He added, “In addition, Barcelona’s romantic and cosmopolitan atmosphere matches perfectly with the theme of my collection, which celebrates love and romance.”

The Barcelona Bridal Night had a luxurious audience and front row, including it-girl, model and international fashion icon Olivia Palermo, model and countess Lara Cosima Henckel von Donnersmarck, stylist and designer Pelayo Diaz, actress Hiba Abouk, actress and model Blanca Romero, model Marco Llorente, and TV hostess and actress Marta Torné, among other personalities.

Images available here.

For media requests please contact:

Salvador Bilurbina
email: sbilurbina@firabarcelona.com
phone: +34628162674

GlobeNewswire Distribution ID 1000935713

Anaqua Transforms Foreign Patent Filing into a Strategic Advantage for Intellectual Property Professionals

BOSTON, April 18, 2024 (GLOBE NEWSWIRE) — Anaqua, the leading provider of innovation and intellectual property (IP) management technology for corporations, law firms and governments, announces advancements in its Foreign Filing offering, enhancing the capabilities of its IP management platform, AQX®. Anaqua has shifted the paradigm of foreign filing for IP professionals from a burdensome set of manual administrative tasks to a strategic and automated differentiator, powering rapid decision-making for global IP protection.

In today’s competitive landscape, global IP practitioners understand the critical importance of protecting their innovation and inventions across borders. Anaqua’s advanced Foreign Filing within AQX offers a centralized ecosystem that addresses every aspect of the foreign filing lifecycle. On the AQX platform, customers can now utilize a decision workspace supported by competitive dashboards, foreign filing-specific reports, and online quoting to develop, execute, track, and manage their foreign filings. IP professionals can access a network of expert jurisdictional associates and translation providers to further improve the filing processes with transparent pricing and visibility into the process.

“Global businesses face increasing challenges in safeguarding their intellectual assets amidst rising innovation costs and intensifying competition,” said Bob Romeo, CEO of Anaqua. “At Anaqua, we have taken foreign filing far beyond any traditional provider. Our fully integrated solution drives clients’ efficiency and effectiveness, empowering IP professionals to navigate the complexities of global IP protection with confidence. Our clients are sharing our vision and our filing volume from the first quarter of 2024 has already surpassed our full-year filing volume for 2023.”

Through Anaqua’s enhanced Foreign Filing, IP professionals now have access to an end-to-end solution that not only streamlines the filing process, but also ensures transparency, cost-effectiveness, and peace of mind.

For more information about Anaqua’s Foreign Filing offering, please visit: anaqua.com/services/foreign-patent-filing/.

About Anaqua

Anaqua, Inc. is a premier provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX® and PATTSY WAVE®, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, Asia, and Australia. For additional information, please visit anaqua.com, or on Anaqua’s LinkedIn.

Company Contact:
Amanda Glagolev
Director, Communications
Anaqua
617-375-5808
aglagolev@anaqua.com

GlobeNewswire Distribution ID 9091488

Unveiling the 8th Future Investment Initiative’s theme: “Infinite Horizons: Investing Today, Shaping Tomorrow”

FII 8th Edition Main Thematic Visual
fii8 concept theme

FII 8th Edition Main Thematic Visual

RIYADH, Saudi Arabia, April 18, 2024 (GLOBE NEWSWIRE) — The Future Investment Initiative (FII) Institute is excited to announce the theme for its upcoming 8th edition of the FII conference, scheduled for October 29-31, 2024, at the prestigious King Abdulaziz International Conference Centre (KAICC) in Riyadh, Saudi Arabia.

Under the captivating theme ‘Infinite Horizons: investing today, shaping tomorrow’, FII8 will ignite discussions on how investment can serve as a catalyst for a prosperous and sustainable future, pushing the boundaries of what is possible for humanity.

FII8 promises to be a melting pot of innovative ideas, bringing together global leaders, entrepreneurs, political leaders, media and decision-makers in finance, AI, sustainability, energy, geoeconomics, space and beyond. By focusing on the theme of ‘Infinite Horizons’, this year’s conference will challenge attendees to think beyond conventional limits and explore investment opportunities that can bridge current challenges with future possibilities.

Richard Attias, CEO and board member of FII Institute, emphasized the significance of the theme, stating that “Infinite Horizons is not just a theme; it’s a clarion call to expand our collective vision and embrace the limitless prospects of the future. It embodies our commitment to driving conversations that lead to a future where investment knows no bounds and works towards a better tomorrow for all.”

FII8, organized by the FII Institute, founded by PIF, will adopt an innovative format as an exclusive week for FII Institute members, invited delegates, and strategic partners. Discussions at the conference will be data-driven, ensuring that insights are grounded in facts and actionable strategies.

For media inquiries, please contact:

Phone: +966 53 978 2030

Email: Media@fii-institute.org

The Future Investment Initiative (FII) Institute is a global non-profit foundation dedicated to making an impact on humanity. Through our investment arm, we champion innovation in Artificial Intelligence (AI) & Robotics, Education, Healthcare, and Sustainability, transforming ideas into real-world solutions.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fc52762c-6e57-4254-a6df-7f3b4af1c61b

GlobeNewswire Distribution ID 1000935387

Duck Creek Hosts Annual One Duck Creek Summit to Build Connection, Belonging and Community

COLUMBIA, S.C., April 17, 2024 (GLOBE NEWSWIRE) — Today, Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, hosts its One Duck Creek Summit in Columbia, South Carolina, bringing employees together from across the globe. Attendees are recognized for their roles in the many councils and programs that help Duck Creek create a culture of excellence in insurance and technology.

The diverse group will convene over the next two days to discuss the past year’s goals and objectives and plan for the future to continue enhancing Duck Creek’s award-winning culture. Duck Creek endeavors to foster a culture of belonging and respect, where every voice is heard and valued.

“As a global company, we recognize the importance of having a diverse and inclusive workforce that reflects the communities and customers we serve,” said Amy Bayer, Global Director of DE&I, Engagement & Culture at Duck Creek. “We believe our DE&I programs are imperative for our employees, but also a strategic advantage that enables us to innovate, collaborate, and deliver better solutions for our clients. The One Duck Creek Summit is a great opportunity to celebrate our achievements, share best practices, and inspire each other to continue building a great culture.”

The Summit kicks off with Mike Jackowski, Chief Executive Officer of Duck Creek Technologies. Jackowski will highlight the importance of promoting strong company values that focus on diversity, equity, inclusion and belonging (DEI&B) and a positive employee experience. The Summit also features keynote speakers which empower employees to connect and learn about other successful workplaces and cultures.

“We are proud to recognize and celebrate the different backgrounds, ideas and experiences our employees bring to Duck Creek,” said Courtney Townsend, Chief People Officer at Duck Creek Technologies. “Nurturing an environment of belonging and inclusion is the foundation of an exceptional employee experience and a source of competitive advantage and innovation. Our flexible-first, global workplace allows us to attract and retain the best talent, regardless of location, and empowers our employees to work in ways that suit their preferences and needs.”

One of the highlights of the annual summit is a social impact event. This year, Duck Creek has partnered with Ronald McDonald House Charities in Columbia. Summit attendees will support their Pack-a-Smile program, offering close family members of children receiving care at local hospitals a quick, nutritious bagged lunch. This allows family members not to have to leave the bedside or wonder when or where their next meal will come from.

About Duck Creek Technologies
Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

Media Contacts:
Dennis Dougherty
dennis.dougherty@duckcreek.com

GlobeNewswire Distribution ID 9090905

At Our Ocean Conference, Global Fishing Watch welcomes international partnerships to enhance ocean management

Key collaborations will bolster fisheries governance through greater transparency, data-sharing and policy reform

ATHENS, Greece, April 17, 2024 (GLOBE NEWSWIRE) — Global Fishing Watch, an international nonprofit organization dedicated to advancing ocean governance through transparency of human activity at sea, has announced three pioneering collaborations with Greece, Panama and the West African Sub-Regional Fisheries Commission (SRFC) in a bid to harness technology and data-driven solutions for enhanced transparency, improved fisheries management and greater ocean sustainability.

The partnerships, unveiled at the 9th Our Ocean Conference held in Athens, Greece, will leverage open data to combat illegal, unreported and unregulated (IUU) fishing, promote sustainable fisheries management and enable marine protection through deepened engagement with governmental bodies spanning three continents. In addition, they will provide Global Fishing Watch the opportunity to highlight transparency as a critical marine management tool and advance policy reforms regarding the adoption of vessel tracking methods like automatic identification systems (AIS) and vessel monitoring systems (VMS), as well as regional data sharing practices.

Today’s announcements mark a milestone in our collaborative efforts to mobilize open data and technology in the fight against illegal fishing and toward improved global fisheries management,” said Tony Long, chief executive officer of Global Fishing Watch. “More importantly, our expanding network of partnerships shows that governments and multilateral institutions are increasingly recognizing the role Global Fishing Watch can play in achieving better and more transparent ocean governance.”

Collaborative partnerships, political will and open data can drive tangible impact and help deliver lasting results for a sustainable ocean future for all,” Mr. Long added. 

Leveraging Technology for Ocean Action

Presented at an official conference side event co-hosted by Greece, the Athanasios C. Laskaridis Charitable Foundation and Global Fishing Watch, the partnership with Greece commits authorities to utilizing Global Fishing Watch’s platform, which provides visualizations and analysis of fishing activity, for critical support in bolstering the country’s marine protection efforts.

Greece commits to establishing a scientific monitoring and surveillance system for all its marine protected areas that will be supported with advanced monitoring techniques and digital tools, such as remote sensing and automatic communication with sea vessels,” Dr. Petros Varelidis, Secretary-General for Natural Environment and Waters of the Hellenic Ministry of Environment and Energy, confirmed. “The support of Global Fishing Watch and the Athanasios C. Laskaridis Charitable Foundation will enable us to monitor fishing activity in near real-time.”

A ‘significant step forward’ against IUU fishing

The Our Ocean Conference also welcomed a new partnership between Global Fishing Watch and the seven West African SRFC Member States comprising Cabo Verde, Gambia, Guinea, Guinea- Bissau, Mauritania, Senegal and Sierra Leone. Through the new three-year agreement with SRFC, Global Fishing Watch will support Member States with analysis and generated insights to inform targeted monitoring, control and surveillance (MCS) actions, bolstering countries’ abilities to manage activity in their waters and safeguard livelihoods and regional economic and environmental ecosystems.

The 5,500 kilometer coastline of West Africa is home to some of the most diverse fisheries in the world and maritime activity plays a key role across the region. Indeed, fisheries and aquaculture directly contribute US$24 billion to the African economy, with the demand for fish expected to increase by 30 percent by 2030. Inadequate monitoring and enforcement, however, have led to rampant IUU fishing, with nearly 40 percent of fish caught illegally, resulting in substantial economic losses and environmental degradation.

The collaboration with Global Fishing Watch represents a significant step forward in the fight against illegal fishing in West Africa,” said Dr. Khallahi Brahim, Permanent Secretary of the Sub-Regional Fisheries Commission. “By joining forces, Global Fishing Watch and the SRFC can help transform fisheries governance, protect marine resources and secure the livelihoods of millions of people dependent on the fishing industry.”

The new partnership will work to ensure that SRFC Member States are fully equipped for better cooperation, monitoring and compliance, and also help establish cross-cutting initiatives with key stakeholders in ocean governance. The collaboration will pave the way for policy reforms and seek to establish AIS usage and data sharing as central pillars of SRFC Member States’ governance practices. It will also support government agencies in developing and retaining capacity to harness data and technology to strengthen management, including MCS, enforcement and marine protection.

Charting a new era of ocean governance

Global Fishing Watch’s activity on the margins of the Our Ocean Conference also saw the renewal of an ongoing collaboration with the Government of Panama, first launched in 2019, aimed at building an improved, collaborative framework for data-sharing and policy development.

The updated agreement reflects a deepened relationship between the two parties and a growing commitment to fisheries transparency. Supplementing the VMS data of its vast international fleet, which has been visible on the Global Fishing Watch map since October 2019, Panama will now share vessel data from its list of international licenses, including fishing licenses, areas of operation and information related to fishing support vessels. Over the next five years, Global Fishing Watch will also provide technical and data-driven assessments for the Aquatic Resources Authority of Panama to help inform national policies and regulations related to fisheries management.

We are pleased to announce the renewal of the memorandum of understanding with Global Fishing Watch in our tireless fight against illegal, unreported and unregulated fishing,” said Hamed Tuñón, General Administrator, Aquatic Resources Authority of Panama. “Our strengthened alliance reflects the continued commitment of both parties to protecting our oceans and preserving their biodiversity. Together, we will continue to use innovative technology and collaborative strategies to ensure the sustainability of our valuable marine resources.”

Now, more than ever, the global community must rally behind landmark initiatives to protect our ocean, combat harmful practices, and achieve ambitious conservation targets such as safeguarding at least 30 percent of the ocean by 2030,” Mr. Long concluded.Achieving these critical commitments will be virtually impossible without Global Fishing Watch’s innovative ocean monitoring technology and expertise.”

Attachments

Kimberly Vosburgh
Global Fishing Watch
5185902979
KIMBERLY@GLOBALFISHINGWATCH.ORG

GlobeNewswire Distribution ID 9090876

TokenEx and IXOPAY to Merge, Enabling Merchants to Optimize the Use of Multiple Payment Processors

Payments Optimization Platform for Global Commerce Delivers Omnichannel Tokenization, Payments Orchestration, and Card Lifecycle Management

TokenEx_IXOPAY_Merge
TokenEx_IXOPAY_Merge

TokenEx and IXOPAY merged on April 17, 2024 to become IXOPAY, a TokenEx Company.

TULSA, Okla. and VIENNA, Austria, April 17, 2024 (GLOBE NEWSWIRE) — TokenEx, the leading cloud tokenization provider, and IXOPAY, the leading independent payments orchestration platform, today are announcing their definitive agreement to merge, creating a new leader in global payments optimization. The combined company will be called IXOPAY, a TokenEx Company, and Marc Olesen will lead the combined organization as CEO. Customers will benefit from a comprehensive platform that enables increased authorization rates and decreased interchange fees for merchants, along with PCI-certified secure payment data.

This merger brings together the strengths of TokenEx’s expertise in tokenization of payment data, and IXOPAY’s world-class payments orchestration, including transaction routing & reconciliation capabilities.

“This merger marks a significant milestone in the payments industry,” said Marc Olesen, CEO. “By joining forces, IXOPAY, a TokenEx Company is uniquely positioned to help merchants develop a payments strategy that optimizes the use of multiple payment processors to enhance both top and bottom-line results.”

TokenEx’s merger with IXOPAY marks a pivotal step in the transformation of the payments industry toward supporting a multi-processor approach to payments, delivering a complete unified payments platform that includes:

  • Omnichannel Tokenization — Universal Tokens enable merchants to use one payment token for in-person and online transactions and all payment processors. This eliminates storing payment data in multiple systems, reduces system complexity, and provides unified customer data.
  • Payments Orchestration — This highly scalable payments orchestration platform for merchants delivers intelligent routing, cascading, and state-of-the-art risk management functions as well as centralized reconciliation and settlements along with plugin-based integration of over 200 acquirers, Alternative Payment Methods, and payment service providers.
  • Card Lifecycle Management — A complete set of capabilities for managing the entire transaction lifecycle at scale, including updating expired cards, leveraging the efficiency of network tokens, streamlined routing with BIN Lookup, and authenticating transactions with 3D Secure.

“By merging with TokenEx we not only bring together our unique capabilities to become the most comprehensive payments platform for global merchants, but we can also utilize the expertise of the TokenEx team to provide first-class service to our primarily European customers in the U.S. market,” said Rene Siegl, Founder and Executive Chairman of IXOPAY. “For merchants who value the competitive advantage that comes with treating payments as strategic, IXOPAY, a TokenEx Company will ultimately deliver a complete omnichannel payments optimization platform with best-in-class tokenization and intelligent transaction routing — giving merchants unprecedented control over their revenue and the competitive edge to thrive in global commerce.” Both Rene Siegl, Founder and Nathalie Siegl, CEO will remain with IXOPAY, a TokenEx Company as executives.

About TokenEx

TokenEx is a cloud tokenization and payment optimization provider committed to helping organizations safely and compliantly process and transmit sensitive data. Its industry-leading solution for data protection can secure and desensitize any structured data element to reduce risk, streamline operations, and enable critical business processes.

About IXOPAY

IXOPAY is a best-of-breed payment orchestration platform offering flexible and independent global payment processing options. IXOPAY provides smart transaction routing with cascading, state-of-the-art risk and fraud management, fully automated reconciliation and settlements processing, comprehensive reporting and access to hundreds of acquirers, payment service providers and alternative payment methods.

Media Contact:

Nicholas Mueller

nmueller@tokenex.com

510-289-2001

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/27147864-91b0-4683-aa19-d4c4690d323a

GlobeNewswire Distribution ID 9089826