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Month: May 2022

Bombardier Increases Maintenance and Repair Capacity at its Le Bourget Line Maintenance Station

Bombardier celebrates the expansion of the Paris Line Maintenance Station. From left to right: Anthony Cox, Vice President, Customer Support, Bombardier; Mobile Response Team Engineers Pietro Iacubino and Sylvain Moratille; and Guillaume Landrivon, Vice President, Smart Services and Programs.Located at a major hub, Le Bourget LMS has added technicians and more than 30,000 sq. ft. (3,000 square metres) of hangar space Capacity for light scheduled and unscheduled maintenance as well as MRT reach and response times increased Expansion is another step in the company’s drive to bring best-in-class OEM service, parts and know-how closer to its customers   GENEVA, May 24, 2022 (GLOBE NEWSWIRE) — Bombardier today announced it has expanded its Line Maintenance Station (LMS) at Le Bourget Airport near Paris to increase its maintenance...

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Ransomware threat rises: Verizon 2022 Data Breach Investigations Report

Year over year jump in ransomware attacks greater than past five years combined, as latest report highlights exceptional year in cybersecurity What you need to know:The 2022 DBIR – marking its 15 year anniversary – analyzed 23,896 security incidents, of which 5,212 were confirmed breaches Year over year ransomware attacks increased by 13 percent, a jump greater than the past 5 years combined Roughly 4 in 5 breaches can be attributed to organized crime, with external actors approximately 4 times more likely to cause breaches in an organization than internal actors Human element involved in 82 percent of all breaches analyzed over the past yearBASKING RIDGE, N.J., May 24, 2022 (GLOBE NEWSWIRE) — The Verizon Business 2022 Data Breach Investigations Report (2022 DBIR) examines an unprecedented year in cybersecurity...

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Worksoft Acquires AI-Powered SaaS Test Automation Platform eureQa

Addition of Performance and Mobile Testing Capabilities to Leading Process Intelligence and Test Automation Platform Expands Packaged Application Breadth and Delivery FlexibilityWorksoft Aquires eureQa AI-Driven SaaS Test Automation Platform Worksoft Expands Performance, Mobile and API Automated Testing Capabilities with eureQa’s Cloud-native AI-Driven Test Automation Platform.ADDISON, Texas, May 23, 2022 (GLOBE NEWSWIRE) — Worksoft, leading provider of end-to-end intelligent process automation for complex custom and packaged applications, announced today the acquisition of eureQa, an AI-powered SaaS test automation platform purpose-built for testing digital applications. eureQa’s no-code performance and end-to-end testing of web, mobile, API, database and packaged applications expands Worksoft’s Connective Automation platform...

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Taiwan’s Tech Titans Adopt World’s First NVIDIA Grace CPU-Powered System Designs

New Class of Data Center Systems for Digital Twins, AI, High Performance Computing, Cloud Graphics and Gaming to Come From ASUS, Foxconn Industrial Internet, GIGABYTE, QCT, Supermicro, WiwynnNVIDIA Grace reference designs for modern data center workloads Left to right: NVIDIA CGX for cloud graphics and gaming, NVIDIA OVX for digital twins and Omniverse, NVIDIA HGX for HPC, and NVIDIA HGX for AI training, inference and HPC.SANTA CLARA, Calif., May 23, 2022 (GLOBE NEWSWIRE) — COMPUTEX — NVIDIA today announced that Taiwan’s leading computer makers are set to release the first wave of systems powered by the NVIDIA Grace™ CPU Superchip and Grace Hopper Superchip for a wide range of workloads spanning digital twins, AI, high performance computing, cloud graphics and gaming. Dozens of server models from ASUS, Foxconn Industrial...

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Singing Machine Announces Pricing of $4 Million Public Offering and Uplisting to the Nasdaq Capital Market Under New Ticker “MICS”

Fort Lauderdale, FL, May 23, 2022 (GLOBE NEWSWIRE) — The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the worldwide leader in consumer karaoke products today announced the pricing of its underwritten public offering of 1,000,000 shares of common stock at a price to the public of $4.00 per share, for aggregate gross proceeds of $4 million, prior to deducting underwriting discounts and offering expenses. The pricing occurs following a 1-for-30 reverse stock split, which was effective at 5:30 p.m. on May 23, 2022. Based on the closing price of $0.1865 per share of the Company’s common stock on May 23, 2022, the effective post-split price per share was $5.595. In addition, the Company has granted Aegis Capital Corp. (“Aegis”) a 45-day option to purchase up to 150,000 additional shares of common...

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Hallador Energy Company Corrects Date for Previously Announced 1st Quarter 2022 Investor Call

TERRE HAUTE, Ind., May 23, 2022 (GLOBE NEWSWIRE) — Hallador Energy Company will host an investor conference call and webcast on Tuesday, May 24, 2022, at 2:00 p.m. ET to discuss the 1st quarter 2022 financial results. The call will be webcast live on our website at www.halladorenergy.com under events and available for a limited time. To participate in the conference call, please dial: US dial-in number (Toll Free): 1 844 200 6205 US dial-in number: (Local): 1 646 904 5544 International: +1 929 526 1599 Access Code: 643811 A recording of the conference call will be available until Tuesday, May 31, 2022. To listen to a replay of the conference call, please dial: US Toll Free: 1 866 813 9403 US (Local): 1 929 458 6194 All other locations: +44 204 525 0658 Access Code: 074829 Hallador is headquartered in Terre Haute, Indiana, and through...

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Agora, Inc. Reports First Quarter 2022 Financial Results

SANTA CLARA, Calif., May 23, 2022 (GLOBE NEWSWIRE) — Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the first quarter ended March 31, 2022. “We delivered robust results in the first quarter as we navigated through a complex and fast-evolving market environment. Strong revenue growth momentum continued in markets such as Middle East, Southeast Asia and Europe as developers increasingly choose our platform to create immersive real-time engagement experiences,” said Tony Zhao, founder, chairman and CEO of Agora. “We are particularly excited to see a long-lasting shift of people’s mindset and behavior as they continued to accelerate online migration and spend more time in virtual engagement sessions, even in regions where lives have predominantly...

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Progress Announces Official Launch of Telerik UI for .NET MAUI, Shipping with General Availability of the Microsoft .NET MAUI Framework

Progress delivers market-leading suite of UI tools for building powerful, native, cross-platform applications with .NET MAUI BURLINGTON, Mass., May 23, 2022 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced day-zero support for .NET MAUI General Availability and the official release of Progress Telerik UI for .NET MAUI – the most comprehensive library of UI components for the newest Microsoft app development framework. With this latest expansion of its widely-used portfolio for .NET UI development, Progress empowers developers to build native applications across devices and operating systems—Android, iOS, Windows and macOS, with speed and scale. .NET MAUI, widely considered the evolution of Xamarin.Forms, enables the development of cross-platform applications from a single...

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America’s Car-Mart Reports Diluted Earnings per Share of $4.01 on Record Revenues of $352 Million

ROGERS, Ark., May 23, 2022 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the fourth quarter and full fiscal year 2022. “Revenue grew 26% to $352 million, including a 39% increase in interest income to $42 million, for the fourth quarter of fiscal 2022 compared to the prior year quarter. The average sales price increased 24% to $17,860 and unit sales volume dropped 1%. Our sales volume productivity of 35.6 units sold per dealership per month for the quarter was strong and, in the last 20+ years, second only to the prior year’s fourth quarter of 36.5,” said Jeff Williams, President and CEO. “We are increasing market share while facing challenges stemming from ongoing supply and demand imbalances in the used car market, inflation, and declining consumer confidence. We expect to...

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