Month: July 2020

Consolidated Communications’ Enterprise@Home Connects Remote Home Office Locations with Reliable, Secure Technology

Written by Customer Service on July 29, 2020. Posted in Public Companies.

MATTOON, Ill., July 29, 2020 (GLOBE NEWSWIRE) — Consolidated Communications (NASDAQ: CNSL), a leading broadband and business communications provider, today announced the launch of its Enterprise@Home communications solution that helps business teams connect, communicate and collaborate from home while easing the administrative and technical burden for employers with a remote workforce.Whether it’s a business-class Internet connection or a full-featured unified communications platform, Consolidated’s Enterprise@Home efficiently connects remote employees, removes obstacles to productivity and provides priority service and support for residential locations.“With Enterprise@Home, remote employees enjoy business-class bandwidth in their homes and avoid frustrating slowdowns and choppy connections,” said Doug Abolt, vice president of...

KellyOCG Earns Leader and Major Contender Positions in Everest Group’s 2020 PEAK Matrix Reports for Services Procurement and RPO

Written by Customer Service on July 29, 2020. Posted in Public Companies.

TROY, Mich., July 29, 2020 (GLOBE NEWSWIRE) — KellyOCG®, the outsourcing and consulting group of Kelly, was named a Leader and Star Performer in Everest Group’s “Services Procurement PEAK Matrix® Assessment 2020” and a Major Contender in the analyst’s “Recruitment Process Outsourcing (RPO) – PEAK Matrix® Assessment 2020.” KellyOCG was one of only two providers named to the Services Procurement Leader position from the 16 providers evaluated.The PEAK Matrix provides an objective, data-driven assessment of service and technology providers based on overall capability and market impact across different global services markets. Providers are assessed on seven areas – market adoption, portfolio mix, value delivered, vision & strategy, scope of services offered, innovation & investments and delivery footprint. They are classified...

Virtusa Reduces Infrastructure Costs by 20 Percent for Oway with Help from Google Cloud

Written by Customer Service on July 29, 2020. Posted in Public Companies.

SOUTHBOROUGH, Mass., July 29, 2020 (GLOBE NEWSWIRE) — Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions, announced the successful completion of a cloud migration that reduced expenses by 20% for Oway.Oway Group is the leading Myanmar-based travel and ride-hailing startup. Established in 2012, the company was founded with the vision of improving Myanmar’s travel and transport ecosystem through its innovative digital solutions. Launched in the first quarter of 2016, Oway Ride, the app-based taxi service, is accelerating its growth and providing GPS tech-based business and transport solutions to short distance travelers in Yangon, Mandalay, Bagan, Pyin Oo Lwin, and Mawlamyine regions. As the effects of the global COVID-19 pandemic on the travel industry...

KULR Technology Group Announces Issuance of U.S. Patent Covering Risk Minimization of Fires and Explosions in Lithium-Ion Battery Packs

Written by Customer Service on July 29, 2020. Posted in Public Companies.

SAN DIEGO, July 29, 2020 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (OTCQB: KULR), (the “Company” or “KULR”), announced today that the United States Patent and Trademark Office has awarded it a patent on its Thermal Runaway Shield (TRS) – a passive propagation resistant solution designed and successfully tested to reduce the hazardous risks associated with thermal runaway in lithium-ion battery packs. This is the second patent the Company has been granted on its TRS technology.The Company’s TRS is a sleeve-like shield that surrounds and separates individual cells in multi-cell packs and contains carbon fiber core and liquid coolant. The unique combination and configuration of the shield passively draws intense heat of cell failures away from nearby cells while dousing the failed area in a cooling and fire-prevention liquid....

U.S. Enterprises Look to SAP’s S/4HANA to Transform Business Processes

Written by Customer Service on July 29, 2020. Posted in Public Companies.

STAMFORD, Conn., July 29, 2020 (GLOBE NEWSWIRE) — U.S. enterprises are using S/4HANA, SAP’s intelligent ERP system with integrated artificial intelligence, to transform their business processes, with many using SAP service providers to manage these installations, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.The 2020 ISG Provider Lens™ SAP HANA and Leonardo Ecosystem Partners Report for the U.S. finds many enterprises here interested in a two-tier adoption model for S/4HANA, with many opting for on-premises installations with heavy customizations for their main offices and the cloud version for their satellite or regional offices. The cloud version of the ERP package allows for less customization, but also for automatic upgrades and...

ISW Holdings Initializes Production of 1MW Proceso S19 Pod5ive Data Center Design for Shipment to 100-Megawatt Bit5ive Project

Written by Customer Service on July 29, 2020. Posted in Public Companies.

LAS VEGAS, July 29, 2020 (GLOBE NEWSWIRE) — via NetworkWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is thrilled to announce its finalization of the new Proceso S19 Pod5ive data center design, which is capable of powering 1MW of computing mining power. Bit5ive is targeting the first deployments beginning in August, with its initial pod delivery bound to the 100-MW renewable energy Bit5ive LLC (“Bit5ive”) project in Pennsylvania.“The S19 Pod5ive Data Center has been engineered from the ground up to deliver an industry leading Power Usage Effectiveness (“PUE”) score of 1.025,” stated Alonzo Pierce, president of ISW Holdings. “If you eliminate everything superfluous to maximum performance, optimize every remaining factor, and then integrate it into a renewable...

ADX Labs reports strong, principled growth through 2020

Written by Customer Service on July 29, 2020. Posted in Earnings Releases And Operating Results.

By following its instincts and giving back to its communities, fast-growing technology, entertainment and services company ADX reports strong growth through 2020.MINNEAPOLIS, July 29, 2020 (GLOBE NEWSWIRE) — In the midst of a global pandemic and an economic downturn which could challenge the Great Depression in depth and scale, Minneapolis-based ADX Labs Inc is successfully adapting by investing in people and communities.“By doubling down on our core values, and by engaging all 120 of our people in our shared mission, ADX is growing, and, I hope, leading by example,” said Steven M. Renner, founder and Chairman of the group.For privately held ADX, leading by example requires three key principles: invest in great people, proactively support our communities, and pursue self-reliance by trusting its decisions.“As a global group of companies...

Community Bank of the Bay Earns $1.18 Million in Second Quarter 2020; Deposits Increase 39% Year-Over-Year; Results Highlighted by Strong Participation in Paycheck Protection Program

Written by Customer Service on July 29, 2020. Posted in Earnings Releases And Operating Results.

OAKLAND, Calif., July 29, 2020 (GLOBE NEWSWIRE) — Community Bank of the Bay (OTCPink: CBYA.A), a San Francisco Bay Area commercial bank with full-service offices in Oakland, Danville and San Mateo, today reported that net income increased 26.5% to $1.18 million for the second quarter of 2020, compared to $930,000 in the second quarter of 2019. Significant participation in the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) contributed to second quarter profitability. All financial results are unaudited.“Our team delivered strong operating results for the second quarter 2020, despite the economic impact of the Coronavirus pandemic,” stated William S. Keller, President and CEO. “We will continue to meet the needs of our clients and prospects while prioritizing safety. Our technology...

Hanmi Financial Declares Cash Dividend of $0.08 per Share

Written by Customer Service on July 29, 2020. Posted in Dividend Reports And Estimates.

LOS ANGELES, July 29, 2020 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that in response to the continued uncertainty surrounding the COVID-19 pandemic, its Board of Directors has reduced its quarterly cash dividend on its common shares for the third quarter to $0.08 per share. The dividend will be paid on August 31, 2020, to stockholders of record as of the close of business on August 10, 2020. Hanmi believes this dividend reduction is the most prudent course of action at this time as it continues to monitor the Company’s financial performance during this pandemic. The Board of Directors will continue to reevaluate quarterly the level of any subsequent regular dividend during this pandemic.About Hanmi Financial CorporationHeadquartered in Los Angeles,...

Finalisation de la restructuration financière d’ORAPI

Written by Customer Service on July 29, 2020. Posted in Public Companies.

Communiqué de presse Lyon, le 29 juillet 2020 à 15h10Finalisation de la restructuration financière d’ORAPIORAPI annonce avoir finalisé le 29 juillet 2020 la mise en oeuvre des opérations de restructuration de son endettement bancaire et obligataire prévues aux termes du protocole de conciliation conclu entre ORAPI, Kartesia et ses principaux créanciers bancaires et obligataires.Ces opérations, qui permettent à ORAPI de restructurer son bilan et de mettre en place une nouvelle ligne de financement, comprennent notamment :un financement par Kartesia d’un montant maximum de 17 M€ sous forme d’obligations simples non cotées, dont une première tranche de 12 M€ a été souscrite par Kartesia le 29 juillet 2020 (dans un délai de douze mois, ORAPI pourra décider d’émettre la...

Month: July 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals