Month: June 2023

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Verifone Launches New Brand

Verifone unveils new brand and enterprise website to exemplify its class-leading payments platform offering

Verifone new logo

New Verifone brand identity

CORAL SPRINGS, Fla., June 30, 2023 (GLOBE NEWSWIRE) — Today, Verifone rebrands to highlight its innovative payment solutions by introducing a new logo, brand identity and global website to align with an updated vision. Verifone is now the “Payments Architect and Commerce Expert” partner for all businesses everywhere. Verifone’s robust product and services portfolio delivers on that promise as it spans digital payment solutions, secure payment devices, cloud-hosted Payments as a Service, merchant acquiring, point of sale technology, advanced business insights through data science, managed services practices, and more.

After rebuilding its entire offering and company culture under new leadership, the refreshed brand identity matches the innovation and passion of a new Verifone. Consumer recognition and trust in the Verifone name needed to be preserved while simultaneously highlighting Verifone’s heightened digital focus, future-first approach and leading position in the marketplace. The new iconography conveys the connected, modular and evolving nature of payments in modern life, and it shows the architectural role Verifone plays in payments and commerce. All of this comes together on Verifone’s new global website where consumers, merchants and other stakeholders are introduced to a new, more user-friendly Verifone experience. The new brand is extensible across business units and around the world.

Verifone T650m Mobile Payment Device

Verifone T650m Mobile Payment Device

With half a trillion dollars in transactions traversing its cloud via payment devices or Verifone-powered websites and apps, Verifone truly enables global commerce. Verifone stands out in the payments space where most businesses still piece together fragmented offerings from multiple providers to address complex customer needs. Verifone is the single provider with a comprehensive, flexible toolset that streamlines and reduces costs for any enterprise to accept payments.

“The world of commerce evolves constantly, and it is this dynamic environment that we’ve simplified and continue to revolutionize. Verifone started in the Fintech space over four decades ago, rapidly evolving our service offerings to meet the needs of all large and small businesses,” said Mike Pulli, Verifone CEO. “We are the critical commerce partner for businesses worldwide, offering solutions with a futureproof architecture. Our new brand matches our digital-first thinking, employee-focused mindset, and accelerated innovation. Our customers, and their customers, rely on Verifone every day.”

Verifone has focused intensely on new, innovative payment capabilities and features in recent years, significantly expanding the solution stack and enabling new markets. The company’s commerce expertise means its solutions can easily be adapted across nearly every vertical. From complex, global, omni-commerce retailers to a local vendor at a farmers’ market, Verifone futureproofs payment ecosystems and tech stacks.

Verifone M440 Multilane Payment Device

Verifone M440 Multilane Payment Device

To experience Verifone’s new identity, watch the introduction video https://vimeo.com/verifone/newbrandlaunch and visit the new corporate global website at https://www.verifone.com/en/global. New country-specific websites will go live in the coming weeks and months.

About Verifone

Verifone is the payments architect shaping ecosystems for online and in-person commerce experiences, including everything businesses need – from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and much more. As a global FinTech leader, Verifone powers omni-commerce growth for companies in over 165 countries and is trusted by the world’s best-known brands, small businesses, and major financial institutions. The Verifone platform is built on a four-decade history of innovation and uncompromised security, annually managing more than 12B transactions worth over $500B on physical and digital channels.

Verifone Media Contact:
Email: Press@Verifone.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/e7b9f429-f5f1-4860-b995-5062fdf2a9ef

https://www.globenewswire.com/NewsRoom/AttachmentNg/fd30d469-60f2-47dd-b38d-3ad8691781c7

https://www.globenewswire.com/NewsRoom/AttachmentNg/41c98491-40b2-4ec3-ac59-94d7cacf78cd

GlobeNewswire Distribution ID 8867578

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ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages UP Fintech Holding Limited Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Commenced by the Firm – TIGR

NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of UP Fintech Holding Limited (NASDAQ: TIGR) between April 29, 2020 and May 16, 2023, both dates inclusive (the “Class Period”), of the important August 21, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased UP Fintech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the UP Fintech class action, go to https://rosenlegal.com/submit-form/?case_id=16262 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 21, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) UP Fintech’s business was, quite simply, illegal as it related to operations in China as a result of its failure to obtain the proper licenses; (2) it did not fully disclose to investors that it was engaging in unlawful activity and instead characterized the applicable Chinese laws as ambiguous; (3) the foregoing subjected the Company to a heightened risk of regulatory enforcement; and (4); as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the UP Fintech class action, go to https://rosenlegal.com/submit-form/?case_id=16262 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8867103

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ROSEN, A LONGSTANDING LAW FIRM, Encourages TriplePoint Venture Growth BDC Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TPVG

NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) between March 4, 2020 and May 1, 2023, both dates inclusive (the “Class Period”), of the important August 15, 2023 lead plaintiff deadline.

SO WHAT: If you purchased TriplePoint securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the TriplePoint class action, go to https://rosenlegal.com/submit-form/?case_id=15759 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 15, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements regarding the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) TriplePoint had overstated the strength of its various portfolio companies and loan book, as well as the viability of its overall investment strategy; (2) the foregoing, once revealed, was likely to have a material negative impact on the Company’s financial position and/or prospects; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the TriplePoint class action, go to https://rosenlegal.com/submit-form/?case_id=15759 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8867099

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St Kitts and Nevis announces extension to Citizenship by Investment Programme Sustainable Growth Fund Limited Time Offer due to unprecedented demand

Basseterre, June 29, 2023 (GLOBE NEWSWIRE) — International investors have been clamouring to take advantage of one of the best deals in the investment migration industry this year – St Kitts and Nevis’ Sustainable Growth Fund (SGF) Limited Time Offer (LTO) which allows investors to gain approval for alternative citizenship in the country in as little as 60 days for a reduced fee.

In December 2022, the St Kitts and Nevis Head of the Citizenship by Investment Unit (CIU), Michael Martin, announced the enactment of the updated St Kitts and Nevis Citizenship by Investment Regulations 2023, which included the introduction of the LTO for the SGF investment option effective 1 January 2023 – 30 June 2023.

On 29 June 2023, Michael Martin made the following comment regarding the LTO:

“We have received an overwhelming response and demand for our Sustainable Growth Fund investment option through the Limited Time Offer and felt that we had to extend the offering for another seven months until 31 January 2024. International investors continue to see the value of the world’s first and finest Citizenship by Investment Programme and this proves it”.

The SGF remains the quickest and easiest route to alternative citizenship in St Kitts and Nevis and now until 31 January 2024, a main applicant can acquire alternative citizenship by contributing only US$125,000 to the SGF and receiving approval in principle within 60 days of acknowledgement by the CIU of submission of their application.

Under the LTO, the minimum SGF contributions are as follows:

  • Single applicant – US$ 125,000
  • Main applicant and a spouse – US$150,000
  • Main applicant and up to three dependants – US$170,000
  • Each additional dependant under 18 – US$10,000
  • Each additional dependant over 18 – US$25,000

Revenue from the SGF has facilitated economic development and social upliftment in the country. The SGF is used to provide financial support to educational institutions, and medical facilities, as well as support infrastructural development, increase tourism, preserve local culture and heritage and support sustainable growth initiatives in the twin-island nation.

Discerning investors are seeing the benefits of being part of St Kitts and Nevis’ success story. Following upgrades to the CBI Regulations, the country now offers one of the most secure and best-regulated investment migration offerings in the world.

This means that international investors looking to hedge their bets in a stable and growing economy should look no further than St Kitts and Nevis.

This extension is a fantastic opportunity for investors to obtain citizenship through the LTO. This is a final extension and from 1 February 2024, the minimum SGF contribution will increase to the amounts prior to the LTO period.

The country is making sure that it has only the best to offer international entrepreneurs and families who have realised that global powerhouses are no longer illustrious investment options due to security risks. Investors want to ensure that they can safeguard their families and wealth in a global economy that has been offering nothing but uncertainty since the onset of the COVID-19 pandemic in 2020.

Smaller governments such as that of St Kitts and Nevis have found ways, through CBI, to protect themselves from global shocks, offer favourable business policies aimed at growing corporations in international markets and, by using international funds channelled to the SGF, can diversify and grow their economy to meet global needs.

St Kitts and Nevis continues to create a name for itself as a financial nexus in the Caribbean with an attractive CBI programme underpinned by a sound legal framework and robust multi-layered due diligence.

For nearly 40 years, St Kitts and Nevis has been the pioneer of the global investor immigration industry and those who recognise this are taking advantage of the LTO.

St Kitts and Nevis continues to create a name for itself as a financial nexus in the Caribbean with an attractive CBI programme underpinned by a sound legal framework and robust multi-layered due diligence.

For nearly 40 years, St Kitts and Nevis has been the pioneer of the global investor immigration industry and those who recognise this are taking advantage of the LTO.

Chantal Mabanga
Government of St. Kitts and Nevis
+44 (0) 207 318 4343
chantal.mabanga@csglobalpartners.com

GlobeNewswire Distribution ID 8867177

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ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Funko, Inc. Investors with Losses in Excess of $50K to Secure Counsel Before Important Deadline in Securities Class Action – FNKO

NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the common stock of Funko, Inc. (NASDAQ: FNKO) between May 6, 2022 and March 1, 2023, both dates inclusive (the “Class Period”), of the important August 1, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Funko common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Funko class action, go to https://rosenlegal.com/submit-form/?case_id=16840 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements regarding the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Funko was experiencing significantly larger delays in implementing its enterprise resource planning (ERP) software than it was disclosing to investors; (2) having moved into a new warehouse without functioning ERP software in place would lead to dramatically higher costs and poorer inventory management practices; and (3) Funko’s inability to efficiently operate the new distribution center would have a substantial, undisclosed impact on Funko’s EBITDA margin. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Funko class action, go to https://rosenlegal.com/submit-form/?case_id=16840   or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8867128

Posted on

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Futu Holdings Limited Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – FUTU

NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminder purchasers of the securities of Futu Holdings Limited (NASDAQ: FUTU) between April 27, 2020 and May 16, 2023, both dates inclusive (the “Class Period”), of the important August 11, 2023 lead plaintiff deadline, in the securities class action commenced by the Firm.

SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/submit-form/?case_id=16261 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 11, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) Futu’s business was, quite simply, illegal as it related to operations in China as a result of its failure to obtain the proper licenses; (2) it did not fully disclose to investors that it was engaging in unlawful activity and instead falsely characterized the applicable Chinese laws as ambiguous; (3) the foregoing subjected the Company to a heightened risk of regulatory enforcement; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Futu class action, go to https://rosenlegal.com/submit-form/?case_id=16261 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8867116

Posted on

AROW INVESTOR NEWS: ROSEN, A LEADING LAW FIRM, Encourages Arrow Financial Corporation Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – AROW

NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Arrow Financial Corporation (NASDAQ: AROW) between March 12, 2022 and May 12, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 22, 2023

SO WHAT: If you purchased Arrow securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Arrow class action, go to https://rosenlegal.com/submit-form/?case_id=17331 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 22, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose to investors that: (1) Arrow maintained defective disclosure controls and procedures and internal controls over financial reporting; (2) the foregoing increased the risk that the company could not timely file one or more of its periodic financial reports with the SEC as required by the NASDAQ’s listing requirements; (3) accordingly, Arrow was at an increased risk of being delisted from the NASDAQ; (4) following the disclosure of deficiencies in the Company’s disclosure controls and procedures and internal controls over financial reporting, Arrow downplayed the severity of these issued and the associated risks; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Arrow class action, go to https://rosenlegal.com/submit-form/?case_id=17331 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8867110

Posted on

Curia wins 2023 Frost & Sullivan Customer Value Leadership Award

Curia recognized for providing a best-in-class customer experience in the CRDMO industry through its innovative approach and growth strategy

ALBANY, N.Y., June 29, 2023 (GLOBE NEWSWIRE) — Curia, a leading contract research, development and manufacturing organization, today announced it has been awarded a Best Practices Customer Value Leadership Award in the CRDMO industry by Frost & Sullivan.

“We are very honored to be recognized with this award, which underlines the hard work and dedication of all of our employees to delivering quality and reliability when serving our customers,” said Philip Macnabb, CEO, Curia. “We remain steadfast in our noble purpose of improving patients’ lives, a mission that begins with our commitment to creating value for our customers.”

Frost & Sullivan noted in its report that the company’s rebrand from AMRI to Curia in 2021 put a focus on science at the center of its brand identity, highlighting a pledge to help customers advance “from curiosity to cure.” Curia has evolved over time to offer a comprehensive range of services from drug discovery through development to manufacture of both drug substance and drug product for pharmaceutical and biologics companies. The award recognizes how Curia seeks out innovative solutions by using the latest technologies to efficiently move products from discovery to development to commercial scale to accelerate speed to market for its customers. This continuous commitment to serve unspoken market needs and deliver end-to-end solutions for customers has positioned it as an industry leader.

“Curia has built its reputation by offering a best-in-class customer ownership and service experience. The company surveys clients to gauge their overall satisfaction and ensure that it is upholding the highest standards,” said Unmesh Lal, director, Healthcare & Life Sciences, Frost & Sullivan.

Each year, Frost & Sullivan employs a rigorous evaluation, measuring business and customer impact, to identify companies that consistently innovate to meet their customers’ needs while navigating new challenges and opportunities. The winner is recognized for providing a superior customer experience for overall price, performance and quality.

About Curia
Curia, formerly AMRI, is a leading contract research, development, and manufacturing organization providing products and services from R&D through commercial manufacturing to pharmaceutical and biopharmaceutical customers. Curia’s nearly 4,000 employees at 29 locations across the U.S., Europe, and Asia help its customers advance from curiosity to cure. Learn more at CuriaGlobal.com.

About Frost & Sullivan
Frost & Sullivan is the Growth Pipeline Company™. We power our clients to a future shaped by growth. Our Growth Pipeline as a Service™ provides the CEO and the CEO’s growth team with a continuous and rigorous platform of growth opportunities, ensuring long-term success. To achieve positive outcomes, our team leverages over 60 years of experience, coaching organizations of all types and sizes across 6 continents with our proven best practices. To power your Growth Pipeline future, visit Frost & Sullivan at http://www.frost.com.

Curia Contact Information:
Viana Bhagan
+1 518 512 2111
corporatecommunications@CuriaGlobal.com

GlobeNewswire Distribution ID 8865503

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Ballad Health partners with MedAware to leverage artificial intelligence platform to improve patient safety and optimize pharmacy workflows

JOHNSON CITY, Tenn., June 29, 2023 (GLOBE NEWSWIRE) — Ballad Health is partnering with Israeli-based MedAware, Ltd., to leverage artificial intelligence (AI) to improve patient safety by identifying potential medication-related errors and improving operational efficiency within the pharmacy.

MedAware’s patented AI software, coupled with data from the health system’s electronic health record, will allow for real-time evaluation of prescribed drugs against a specific and up-to-date patient profile.

MedAware’s medication safety monitoring platform runs 24/7, providing accurate and timely clinical insights at all points of medication access and delivery. Its suite of predictive and statistical models continuously analyzes prescribing patterns, accurately flagging medications that conflict with the profiles of the patient, physician and institution, thereby enabling timely interventions and education before dangerous medication-related events can occur.

“We are thrilled to partner with MedAware,” said Trish Tanner, chief pharmacy officer for Ballad Health. “This innovative technology will help us provide our patients with the highest quality of care by ensuring they receive the right medications at the right time.”

The partnership with MedAware is the direct result of the Ballad Health Innovation Center and Ballad Ventures working together to actively transform how healthcare is provided – within the Appalachian Highlands and throughout the healthcare industry.

“Our goal at the Ballad Health Innovation Center is to drive the development of innovative healthcare solutions that revolutionize the industry, while bringing innovative solutions directly to our patients,” said Bo Wilkes, managing director of the Ballad Health Innovation Center. “Innovation is the key to transforming how we provide care – especially in rural America – and we are excited about the partnership with MedAware and its very tangible potential to enhance care.”

With this implementation, MedAware will act as a safety and workflow optimization layer within Ballad Health’s electronic health record and ecosystem. MedAware’s platform complements existing tools within the electronic health record to improve the actionability and acceptance rate of medication-based alerts. As a result, hard-to-anticipate errors are caught at the earliest possible stage – avoiding dangerous and even fatal drug interactions for patients. To do so, the software utilizes advanced machine-learning algorithms that mine data gathered by millions of electronic health records to detect outliers in prescribing behavior that could potentially be harmful and immediately flag them as life-threatening.

The algorithms also mitigate high false-alarm positive rates by integrating patient-specific information into decision support that accurately detects harm in real time, so prescribers and clinical care teams can act fast and save lives.

“MedAware dramatically improves the quality of alerts,” Tanner said. “Its accuracy significantly reduces alert fatigue, exponentially increasing the quality of actionable alerts for pharmacists.”

As a result, the software therefore also enables substantial savings in time and effort for pharmacists and providers.

“We are excited to partner with Ballad Health and look forward to working together to mitigate medication-related risks while improving pharmacy workflow efficiencies. MedAware’s AI-based data-driven solution was designed to mitigate these issues while providing substantial clinician satisfaction,” said David Franklin, CEO of MedAware.

Each year, nearly 8 million people in the United States are exposed to serious and preventable prescription errors. Of those, 7,000 to 9,000 people tragically die because of a medication error, according to a 2021 study published in the National Library of Medicine. An industry faced with a stressed physical and emotional state – which has been exacerbated by the novel coronavirus (COVID-19) pandemic – can lead to more medication errors, as well, which has resulted in demand for an advanced decision support system, like MedAware, to help mitigate the risks of potentially harmful or fatal prescribing errors.

“MedAware is needed, it’s innovative, it’s life-saving, and we’re honored to add it to the Ballad Health ecosystem,” Tanner said. “Not only will it start making a difference for our patients from day one, but thanks to its algorithmic nature, it will require minimal human resources to maintain. Our pharmacists and caregivers will do the same excellent work they already do, but with this major safeguard in the background. It’s a game-changer in frontline healthcare delivery.”

MedAware is just one of several projects the Ballad Health Innovation Center and Ballad Ventures, Ballad Health’s venture capital subsidiary, are pursuing that are intended to enhance patient care and have the potential to reach patients and healthcare delivery systems nationally and worldwide. More information is available at https://balladventures.com/.

About Ballad Health
Ballad Health is an integrated community health improvement organization serving 29 counties of the Appalachian Highlands in Northeast Tennessee, Southwest Virginia, Northwest North Carolina and Southeast Kentucky. Our system of 21 hospitals, post-acute care and behavioral health services, and a large multi-specialty group physician practice works closely with an active independent medical community and community stakeholders to improve the health and well-being of close to one million people. By leading in the adoption of value-based payments, addressing health-related social needs, funding clinical and health systems research and committing to long-term investments in strong children and families in our region, Ballad Health is striving to become a national model for rural health and healthcare.

About MedAware
MedAware’s medication safety monitoring platform lives within existing technology systems, EHRs, and devices to identify dangerous medication-related risks throughout the entire patient journey. By applying a personalized look at the appropriateness of a patient’s medication therapy at each stage of their treatment journey, MedAware’s technology can alert care teams to potential harm sooner than traditional tools—streamlining existing workflows, saving clinical time, and enabling intervention before harm occurs.

Ashlea Ramey
Ballad Health
423-863-2383
ashlea.ramey@balladhealth.org

GlobeNewswire Distribution ID 8866426

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Legacy, Storytelling and Community: How INVNT.ATOM™, [INVNT GROUP]’s digital innovation agency, transformed Automobili Lamborghini’s global brand footprint with its Web3 initiatives

INVNT.ATOM collaborated with the legendary automotive brand to launch two successful Web3 campaigns across 12 months, invigorating the iconic brand’s leadership in innovation, art and design.

Singapore, June 28, 2023 (GLOBE NEWSWIRE) — Across 2022 and 2023, INVNT.ATOM™, [INVNT GROUP]™’s digital and Web3 Innovation division delivered two historic NFT campaigns in collaboration with Automobili Lamborghini, as the legacy super sportscar leader celebrated their 60th anniversary and entered its hybrid era.

With global features in media outlets such as Forbes, Fast Company, Be in Crypto, and an announcement from Lamborghini’s CEO Steve Winkelmann that Lamborghini’s sports cars are sold out until 2024, [INVNT GROUP] has concluded two back to back campaigns in partnership with Automobili Lamborghini.

‘Lamborghini Ultimate’ a world first 1:1 NFT & The Last Aventador Coupé in collaboration with contemporary artist Krista Kim and Grammy award winning artist Steve Aoki, and most recently “The Epic Road Trip”, an 8-month Web3 initiative with utilities which cultivated a community of global Web3 loyalists around the world. The conclusion of “The Epic Road Trip” marked the brand’s 60th anniversary where the Italian marque revealed the “Revuelto”, the brand’s first dual-powertrain supercar – continuing their commitment to a more sustainable future.

Lamborghini was the first super sports car  brand to enter the world of digital collectibles, with their release of digital bitstamps in 2020. In partnership with [INVNT GROUP], two major Web3 initiatives have followed suit, cultivating a new community of a younger tech audience, and established loyalists to mark the hybrid era, as the brand races towards complete electrification by 2030.

[INVNT GROUP] partnered with Steve Aoki and Krista Kim to create an audiovisual collaboration which saw the creation of the world’s first 1:1 NFT supercar, auctioning off the physical version of the last ever Aventador Coupe with auction house RM Sotheby’s. The NFT paired with the physical sports car sold at an auction price of $1.6M, placing the purchase price in the top 10 new Lamborghinis ever sold.

On the back of the global success and impact of“Lamborghini Ultimate” Lamborghini continued their partnership with [INVNT GROUP] with the launch of “The Epic Road Trip”. This 8-month long campaign showcased monthly prizes and NFT reveals, concluding in a global celebration of the brand’s 60th anniversary and the ultimate reveal of the Revuelto. The consequential results of “The Epic Road Trip ” showcased a nod to the brand’s transformation, with 10.5x campaign ROI. Collectively, both campaigns have garnered 1.8 billion global editorial media impressions, across 2.4K featured editorial placements, totalling over $17.3M USD of advertising value.

“These results demonstrate how incredibly powerful leveraging Web3 is in any modern marketing strategy,” says Scott Cullather,  President & CEO of [INVNT GROUP], and CEO of INVNT.ATOM, “These are highly engaged, hands-on collectors with a passion for the Lamborghini brand. By focusing on a curated group of brand loyalists, Lamborghini was able to both deepen its connection with its biggest fans while also welcoming new people to be a part of its timeless heritage and future. As an ultra-luxury brand that sold just 9,233 vehicles in 2022, every boost in purchase intent is worth millions.”

“Lamborghini is an aspirational brand, and Web3 is a bridge to people that are dreaming Lamborghini, but also for people that are not familiar with the brand and more familiar with art, design and NFTs. It’s an example of how art and design are connected to our brand. And the good thing is that with the NFTs we’re able to make sure that this dream is also in the reach for the fan,” said Christian Maestro, Marketing Director of Automobili Lamborghini, in Carly Reilly’s Overpriced JPEGS Podcast Series with Scott Cullather.

As the brand continues its journey towards complete hybridization of its lineup by 2025, expect further experimentation at the leading edge of community, blockchain and utility.

Driven by [INVNT GROUP]’s “Challenge Everything” mantra backed by world-class storytelling, both campaigns immersed the legacy brand into the world of Web3, whilst also adopting elements of the physical world into the journey. The phygital experiences, told a tale of brand transformation, as Lamborghini fans are given brand new avenues to engage with the legacy brand into the future.

About INVNT.ATOM™ INVNT.ATOM, part of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™, is an innovation and brand experience agency devoted to helping global brands chart a course, navigate, activate, and create new opportunities at the digital frontier of Web3. Headquartered in Singapore, the collective of strategists, marketers, creators, programmers, matchmakers, and thought leaders, turn strategies into stories and stories into experiences that engage communities on the global stage. For more information about INVNT.ATOM, visit: www.invntatom.com.

About [INVNT GROUP]™ [INVNT GROUP] was established as an evolution of the founding global live brand storytelling agency INVNT. Led by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT™ represents a portfolio of disciplines designed to help forward-thinking organizations innovate and impact audiences everywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; creative multimedia experience studio, Hypnogram; and the original live brand storytelling agency, INVNT. For more information visit www.invntgroup.com.

Media Kit (High-res imagery and videos)

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Paola Cracknell
INVNT.ATOM
+61 452 452 051  
pcracknell@invnt.com

Jhonathan Mendez De Leon
[INVNT GROUP]
+1 347 819 2089
jmendezdeleon@invnt.com

GlobeNewswire Distribution ID 8866009

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‫گوانگژی یولن نے 2023 ڈوئن وو فیسٹیول کی ثقافتی تقریبات کی میزبانی کی

یولن، چین، 28 جون 2023/ ژنہوا۔ ایشیا نیٹ/– ڈریگن بوٹس(کشتیاں)  موسم گرما کی دھوپ کے نیچے دریا کے اس پار دوڑتی ، جب ساحلوں پر تماشائی چیخ رہے تھے جب کہ کشتیوں پر ڈرم بج رہے تھے۔ یہ “Shui Yun Jing Du” ڈریگن بوٹ انویٹیشنل کے جوش و خروش کا ایک حصہ تھا جو 20 جون کی سہ پہر کو Guangxi Zhuang کے خود مختار علاقے کے یولن میں منعقد ہوا۔ اسی دن، یولن گارڈن ایکسپو پارک کے اندر “ڈریگن آف ڈوئن وو، ٹائیڈز آف یولن” 2023 یولن سٹی ڈوئن وو کلچرل کارنیول اور مڈ ایئر جوائے فل لائف اینڈ ہیپی شاپنگ مہم کی افتتاحی تقریب منعقد ہوئی۔

اس سال ڈوئن وو فیسٹیول کا روایتی چینی جشن 22 جون کو منایا جانا تھا۔ زونگزی چپچپا چاولوں کے پکوڑے کا مزہ لینا، اچھوتے ثقافتی ورثے سے لطف اندوز ہونا اور ڈریگن بوٹ ریس دیکھنا یولن میں مقامی لوگوں کے لیے ایک طویل عرصے سے ڈوئن وو کا روایتی رواج رہا ہے۔ 20 سے 24 جون کے درمیان، یولن شہر نے تقریباً ایک درجن سرگرمیوں کی میزبانی کی جس میں “شوئی یون جینگ ڈو” ڈریگن بوٹ انویٹیشنل، “یولن اسٹائل، چائنا چِک” اچھوتے ثقافتی ورثہ بازار،کنزمپشن نائٹ مارکیٹ (یولن – مین مارکیٹ) اور 2023 گوانگژی کلچر کے آغاز کی تقریب شامل ہیں۔  یولن میونسپل گورنمنٹ کے پبلسٹی ڈپارٹمنٹ کے مطابق، یولن کی مختلف کاؤنٹیز، شہروں اور اضلاع نے بھی ہم آہنگی کے ساتھ منفرد ثقافتی سیاحت اور تجارتی تقریبات کو سپانسر کیا اور ان کا انعقاد کیا، جن میں مجموعی طور پر 25 سے زیادہ سرگرمیاں ہیں۔

“شوئی یون جینگ ڈو” ڈریگن بوٹ انویٹیشنل میں سائٹ پر دلچسپ کارروائی

افتتاحی تقریب کے دن، تہواروں کا آغاز ڈریگن اور شیر کے جوبلیشن نامی پرفارمنس، حقا چارمز کے ساتھ ساتھ، جنوبی گوانگژی ژوانگ خودمختار علاقے کا چائے چننے والا اوپیرا اور قومی سطح کا اچھوتے ثقافتی ورثہ کے ساتھ ہوا۔ اس کے علاوہ، بوبائی کاؤنٹی فوک کلچر اینڈ آرٹ پروٹیکشن، وراثت اور کارکردگی کے مرکز کی طرف سے پیش کردہ پاور اینڈ بیوٹی کے عنوان سے ایک ایکروبیٹک سرکس ایکٹ نے بھی زبردست داد وصول کی۔ یولن کی ایکروبیٹکس اختراعی ترقی کے لیے مشہور ہیں، جس نے متعدد ایوارڈز جیتے اور 30 ​​سے ​​زیادہ ممالک اور خطوں میں کارکردگی کا مظاہرہ کیا ہے۔

یولن گارڈن ایکسپو پارک میں، “یولن اسٹائل، چائنا چِک” اچھوتے ثقافتی ورثے کا بازار سرگرمیوں سے گونج رہا تھا۔ اسپانسر نے اچھوتے ثقافتی ورثے، جدید اشیا اور کھانوں کے لیے 30 سے ​​زیادہ اسٹینڈز کا اہتمام کیا، جس سے پرانے اسکولوں کے دلکش اور چائنا چک کے ساتھ ایک عمیق آرکیڈ تیار کیا گیا، جس سے مہمانوں کو روایتی ثقافت کے مزے لوٹنے کا موقع ملا اور وہ اچھے وقت سے لطف اندوز ہوئے۔

“شوئی یون جیننگ ڈو” ڈریگن بوٹ انویٹیشنل کے دوران ، 12 ڈریگن بوٹ ٹیموں نے سنسنی خیز دوڑ میں حصہ لیا. 300 میٹر کورس ، چار ریسنگ لین ، 22 افراد کے برتن اور 300 سے زیادہ ریسرز کی خاصیت, اس دوڑ نے مقامی لوگوں اور زائرین کو دریا کے کنارے جمع ہونے اور ڈوانو فیسٹیول کے انوکھے کرشمہ اور جوش و خروش سے ایک نقطہ خالی فاصلے سے تجربہ کرنے کے لئے ایک جیسے لوگوں اور زائرین کو راغب کیا. تھمپنگ ڈھول کی تھاپ پر جوش خوشیوں اور چیخ وپکار کو بڑھا دیتی ہے، اور ماحول توانائی سے گونج اٹھتا ہے۔

گوانگژی ژوانگ خود مختار علاقے کے جنوب مشرق میں واقع یولن ایک خوبصورت جگہ ہے اور حالیہ برسوں میں اس شہر نے بیک وقت اپنی ثقافت اور سیاحت کی صنعتوں کی اعلیٰ معیار کی ترقی کو فروغ دینے کے لیے متعدد اقدامات کیے ہیں۔ خود کو “ثقافت اور سیاحت کے ایک مضبوط شہر” کے طور پر پیش کرتے ہوئے، یولن کو قومی ثقافت اور سیاحت کی کھپت کے پائلٹ شہروں کی دوسری کھیپ اور چین میں صحت کی سیاحت کے لیے سرفہرست سو شہروں کی فہرست میں شامل کیا گیا ہے۔

ماخذ: یولن میونسپل گورنمنٹ کا پبلسٹی ڈیپارٹمنٹ

تصویر منسلک کرنے کے لنکس:

لنک: https://iop.asianetnews.net/view-attachment?attach-id=441307

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Mattermost Introduces “OpenOps” to Speed Responsible Evaluation of Generative AI Applied to Workflows

Ian Tien, CEO of Mattermost, Inc.

Ian Tien, CEO of Mattermost, Inc., announces “OpenOps” platform for Controlling IP and Avoiding Lock-In as Operational Workflows become AI-Accelerated

Open source AI-enhanced chat collaboration sandbox accelerates evaluation of generative AI models and usage policies in real world workflows while maintaining full data control

PALO ALTO, Calif., June 28, 2023 (GLOBE NEWSWIRE) — At the 2023 Collision Conference, Mattermost, Inc., the secure collaboration platform for technical teams, announced the launch of “OpenOps”, an open-source approach to accelerating the responsible evaluation of AI-enhanced workflows and usage policies while maintaining data control and avoiding vendor lock-in.

OpenOps emerges at the intersection of the race to leverage AI for competitive advantage and the urgent need to run trustworthy operations, including the development of usage and oversight policies and ensuring regulatory and contractually-obligated data controls.

It aims to help clear key bottlenecks between these critical concerns by enabling developers and organizations to self-host a “sandbox” environment with full data control to responsibly evaluate the benefits and risks of different AI models and usage policies on real-world, multi-user chat collaboration workflows.

The system can be used to evaluate self-hosted LLMs listed on Hugging Face, including Falcon LLM and GPT4All, when usage is optimized for data control, as well as hyperscaled, vendor-hosted models from the Azure AI platform, OpenAI ChatGPT and Anthropic Claude when usage is optimized for performance.

The first release of the OpenOps platform enables evaluation of a range of AI-augmented use cases including:

Automated Question and Answer: During collaborative and individual work users can ask questions to generative AI models, either self-hosted or vendor-hosted, to learn about different subject matters the model supports.

Mattermost OpenOps

Mattermost announces “OpenOps” framework to speed responsible evaluation of generative AI applications to real world workflows.

Discussion Summarization: AI-generated summaries can be created from self-hosted, chat-based discussions to accelerate information flows and decision-making while reducing the time and cost required for organizations to stay up-to-date.

Contextual Interrogation: Users can ask follow-up questions to thread summaries generated by AI bots to learn more about the underlying information without going into the raw data. For example, a discussion summary from an AI bot about a certain individual making a series of requests about troubleshooting issues could be interrogated via the AI bot for more context on why the individual made the requests and how they intended to use the information.

Sentiment Analysis: AI bots can analyze the sentiment of messages, which can be used to recommend and deliver emoji reactions on those messages on a user’s behalf. For example, after detecting a celebratory sentiment an AI bot may add a “fire” emoji reaction indicating excitement.

Reinforcement Learning from Human Feedback (RLHF) Collection: To help evaluate and train AI models, the system can collect feedback from users on responses from different prompts and models by recording the “thumbs up/thumbs down” signals end users select. The data can be used in future to both fine tune existing models, as well as providing input for evaluating alternate models on past user prompts.

This open source, self-hosted framework offers a “Customer-Controlled Operations and AI Architecture,” providing an operational hub for coordination and automation with AI bots connected to interchangeable, self-hosted Generative AI and LLM backends from services like Hugging Face that can scale up to private cloud and data center architectures, as well as scale down to run on a developer’s laptop for research and exploration. At the same time, it can also connect to hyperscaled, vendor-hosted models from the Azure AI platform as well as OpenAI.

“Every organization is in a race to define how AI accelerates their competitive advantage,” says Mattermost CEO, Ian Tien, “We created OpenOps to help organizations responsibly unlock their potential with the ability to evaluate a broad range of usage policies and AI models in their ability to accelerate in-house workflows in concert.”

The OpenOps framework recommends a four phase approach to developing AI-augmentations:

1 – Self-Hosted Sandbox – Have technical teams set up a self-hosted “sandbox” environment as a safe space with data control and auditability to explore and demonstrate Generative AI technologies. The OpenOps sandbox can include just web-based multi-user chat collaboration, or be extended to include desktop and mobile applications, integrations from different in-house tools to simulate a production environment, as well as integration with other collaboration environments, such as specific Microsoft Teams channels.

2 – Data Control Framework – Technical teams conduct an initial evaluation of different AI models on in-house use cases, and setting a starting point for usage policies covering data control issues with different models based on whether models are self-hosted or vendor-hosted, and in vendor-hosted models based on different data handling assurances. For example, data control policies could range from completely blocking vendor-hosted AIs, to blocking the suspected use of sensitive data such as credit card numbers or private keys, or custom policies that can be encoded into the environment.

3 – Trust, Safety and Compliance Framework – Trust, safety and compliance teams are invited into the sandbox environment to observe and interact with initial AI-enhanced use cases and work with technical teams to develop usage and oversight policies in addition to data control. For example, setting guidelines on whether AI can be used to help managers write performance evaluations for their teams, or whether researching techniques for developing malicious software can be researched using AI.

4 – Pilot and Production – Once a baseline for usage policies and initial AI-enhancements are available, a group of pilot users can be added to the sandbox environment to assess the benefits of the augmentations. Technical teams can iterate on adding workflow augmentations using different AI models while Trust, Safety and Compliance teams can monitor usage with full auditability and iterate on usage policies and their implementations. As the pilot system matures, the full set of enhancements can be deployed to production environments that can run on a production-ized version of the OpenOps framework.

The OpenOps framework includes the following capabilities:

Self-Hosted Operational Hub: OpenOps allows for self-hosted operational workflows on a real-time messaging platform across web, mobile and desktop from the Mattermost open-source project. Integrations with in-house systems and popular developer tools to help enrich AI backends with critical, contextual data. Workflow automation accelerates response times while reducing error rates and risk.

AI Bots with Interchangeable AI Backends: OpenOps enables AI bots to be integrated into operations while connected to an interchangeable array of AI platforms. For maximum data control, work with self-hosted, open-source LLM models including GPT4All and Falcon LLM from services like Hugging Face. For maximum performance, tap into third-party AI frameworking including OpenAI ChatGPT, the Azure AI Platform and Anthropic Claude.

Full Data Control: OpenOps enables organizations to self-host, control, and monitor all data, IP, and network traffic using their existing security and compliance infrastructure. This allows organizations to develop a rich corpus of real-world training data for future AI backend evaluation and fine-tuning.

Free and Open Source: Available under the MIT and Apache 2 licenses, OpenOps is a free, open-source system, enabling enterprises to easily deploy and run the complete architecture.

Scalability: OpenOps offers the flexibility to deploy on private clouds, data centers, or even a standard laptop. The system also removes the need for specialized hardware such as GPUs, broadening the number of developers who can explore self-hosted AI models.

The OpenOps framework is currently experimental and can be downloaded from openops.mattermost.com.

About Mattermost

Mattermost provides a secure, extensible hub for technical and operational teams that need to meet nation-state-level security and trust requirements. We serve technology, public sector, and national defense industries with customers ranging from tech giants to the U.S. Department of Defense to governmental agencies around the world.

Our self-hosted and cloud offerings provide a robust platform for technical communication across web, desktop and mobile supporting operational workflow, incident collaboration, integration with Dev/Sec/Ops and in-house toolchains and connecting with a broad range of unified communications platforms.

We run on an open source platform vetted and deployed by the world’s most secure and mission critical organizations, that is co-built with over 4,000 open source project contributors who’ve provided over 30,000 code improvements towards our shared product vision, which is translated into 20 languages.

To learn more, visit www.mattermost.com.

Mattermost and the Mattermost logo are registered trademarks of Mattermost, Inc. All other trademarks are the property of their respective owners.

Media Contact:

Amy Nicol
Press Relations
Mattermost, Inc.

+1 (650) 667-8512
media@mattermost.com

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Title: Ian Tien, CEO of Mattermost, Inc.

Caption: Ian Tien, CEO of Mattermost, Inc., announces “OpenOps” platform for Controlling IP and Avoiding Lock-In as Operational Workflows become AI-Accelerated

Full image: https://www.dropbox.com/s/kn3eyxyd6eevsab/iantien_4000×2667.jpg?dl=0

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d8db2abf-8b1b-4ed6-9f51-952fc8b97597

https://www.globenewswire.com/NewsRoom/AttachmentNg/a4e2598d-4245-4ee9-91ff-895cf0afa68b

GlobeNewswire Distribution ID 8865905