Velocity

The Shyft Group Achieves Ford Pro Upfitter Designation

Retrieved on: 
Wednesday, March 6, 2024

“We are thrilled to be named a Ford Pro Upfitter, which is a natural outcome of our long collaboration with Ford,” said Shyft CEO John Dunn.

Key Points: 
  • “We are thrilled to be named a Ford Pro Upfitter, which is a natural outcome of our long collaboration with Ford,” said Shyft CEO John Dunn.
  • Shyft and Ford conducted the in-person audit at Shyft’s new facility in Lebanon, Tenn., which serves as a sales and upfitting branch for several Shyft brands.
  • The brands that will participate in the Ford Pro Upfitter program are Utilimaster®, Royal Truck Body™, DuraMag® and Magnum™.
  • The Shyft Group and Ford Motor Company have worked closely together for decades, achieving several significant milestones in recent years.

MIX welcomes two new local scaling medtech companies to its exclusive residency program as it grows the medtech ecosystem in Kitchener

Retrieved on: 
Friday, February 23, 2024

Kitchener, ON, Feb. 23, 2024 (GLOBE NEWSWIRE) -- The Medical Innovation Xchange (MIX) is excited to welcome Hyivy Health and Cobionix as the newest MIX Resident Companies at the MIX headquarters in Kitchener, Ontario.

Key Points: 
  • Kitchener, ON, Feb. 23, 2024 (GLOBE NEWSWIRE) -- The Medical Innovation Xchange (MIX) is excited to welcome Hyivy Health and Cobionix as the newest MIX Resident Companies at the MIX headquarters in Kitchener, Ontario.
  • These two companies have demonstrated significant growth as they help to lead the medtech innovation ecosystem in Waterloo Region and across Ontario.
  • Canadian medtech companies face unique challenges as they develop their products, which often prohibits their growth in Canada.
  • MIX is an ecosystem where fellow medical device companies provide their commercialization experience and infrastructure for companies like ours to rapidly scale.

DZS Announces Two New Board of Director Members

Retrieved on: 
Tuesday, February 20, 2024

Jackson is an accomplished attorney who brings to the DZS Board 30 years of M&A advisory and transaction experience with over $30 billion in transactions closed.

Key Points: 
  • Jackson is an accomplished attorney who brings to the DZS Board 30 years of M&A advisory and transaction experience with over $30 billion in transactions closed.
  • Choi is the Chief Executive Officer of Invites Ventures, the purchaser in the company’s recent private placement, and brings to the Board a valuable background in M&A and investment banking.
  • DZS is focused on closing the divestiture of our Asia business unit and executing our growth playbook.
  • The DZS Saber 4400 platform is designed to close the bandwidth gap and change the economics for service providers at the emerging Optical Edge .

Saudia Cargo Goes Live with RTS Velocity and AcceleRate and Foresight Solutions

Retrieved on: 
Thursday, March 7, 2024

Revenue Technology Services (RTS), provider of profit optimization tools for the travel and transportation industry, announced that Saudia Cargo, one of the world’s leading cargo airlines, went live with RTS Velocity, AcceleRate and Foresight solutions as part of a phased approach.

Key Points: 
  • Revenue Technology Services (RTS), provider of profit optimization tools for the travel and transportation industry, announced that Saudia Cargo, one of the world’s leading cargo airlines, went live with RTS Velocity, AcceleRate and Foresight solutions as part of a phased approach.
  • These two solutions work seamlessly together to enhance efficiency for Saudia Cargo.
  • Mansour Alasmi added: “With RTS's cutting-edge solutions Velocity, AcceleRate and Foresight seamlessly integrated into our operations, we're empowered to make data-driven pricing decisions.
  • This accomplishment strengthens our global partnership, setting new standards and inspiring us to reach even greater heights.”
    Mukundh Parthasarathy, Head of Cargo solutions at RTS, said: “Our vision of an end-to-end decision support solution suite for cargo has been realized with Saudia Cargo with Velocity, Foresight and AcceleRate.

Marques Smith Promoted to CEO & President of Hire Velocity

Retrieved on: 
Wednesday, March 6, 2024

ATLANTA, March 6, 2024 /PRNewswire/ -- Hire Velocity , a leading provider of recruitment process outsourcing (RPO) and professional search solutions is thrilled to announce the promotion of Marques Smith from President to Chief Executive Officer and President, effective March 1, 2024.

Key Points: 
  • ATLANTA, March 6, 2024 /PRNewswire/ -- Hire Velocity , a leading provider of recruitment process outsourcing (RPO) and professional search solutions is thrilled to announce the promotion of Marques Smith from President to Chief Executive Officer and President, effective March 1, 2024.
  • In his new role, Smith will be responsible for overseeing Hire Velocity's strategic direction, growth initiatives, and operations.
  • Smith has been instrumental in driving the company's growth and success since joining Hire Velocity in 2016 as Vice President of Finance.
  • "I am honored to lead Hire Velocity as CEO and grateful for the opportunity to continue working alongside our talented team," said Smith.

Quartile Expands into Asian Markets with Strategic Partnerships and Portal Globalization

Retrieved on: 
Monday, March 4, 2024

NEW YORK, March 4, 2024 /PRNewswire/ -- Quartile, the world's largest retail media optimization platform, announces its strategic expansion into Asian markets, underscored by the globalization of its portal and key partnerships with regional resellers.

Key Points: 
  • NEW YORK, March 4, 2024 /PRNewswire/ -- Quartile, the world's largest retail media optimization platform, announces its strategic expansion into Asian markets, underscored by the globalization of its portal and key partnerships with regional resellers.
  • "Our expansion into Asian markets is a significant milestone in Quartile's journey," said Daniel Knijnik, Founder and CEO, Quartile.
  • Quartile's expansion into Asia, coupled with its portal globalization, marks a new era of e-commerce advertising in the region.
  • By embracing local languages and forging strategic partnerships, Quartile is set to empower brands and sellers with unparalleled insights and optimization capabilities.

Asia Pacific Loyalty Programs Business Intelligence Report 2024: Market to Grow by 11% to Reach $52.05 Billion in 2024 - Forecasts to 2028

Retrieved on: 
Saturday, February 24, 2024

Loyalty market in the region is expected to grow by 11.0% on an annual basis to reach US$52.05 billion in 2024.

Key Points: 
  • Loyalty market in the region is expected to grow by 11.0% on an annual basis to reach US$52.05 billion in 2024.
  • The loyalty market in the region will increase from US$46.90 billion in 2023 to reach US$75.02 billion by 2028.
  • This report provides a detailed data-centric analysis of the loyalty market opportunities and risks across a range of industry categories.
  • With over 50 KPIs at the country level, this report provides a comprehensive understanding of loyalty market dynamics, market size and forecast, and market share statistics.

LEATT WINS 2024 DESIGN & INNOVATION AWARDS FOR JERSEY MTB ALL MOUNTAIN 5.0 and PANTS MTB ALL MOUNTAIN 4.0

Retrieved on: 
Wednesday, February 7, 2024

CAPE TOWN, South Africa, Feb. 7, 2024 /PRNewswire/ -- Leatt Corporation, (OTCQB: LEATT), a leading developer and marketer of head-to-toe protective equipment for Moto, MTB, and a wide range of extreme and high-velocity sports, today announced that it has won the Design & Innovation Award 2024 in the off-road category, for its Jersey MTB All Mountain 5.0 and Pants MTB All Mountain 4.0.

Key Points: 
  • The Design & Innovation Award (DI.A) is considered the benchmark achievement for the bike industry's highest-performing products.
  • "This award is another validation of our engineering and design expertise," said Leatt CEO Sean Macdonald.
  • "We have built an international brand based on the quality and cutting-edge design of our head-to-toe line of innovative products.
  • The Jersey MTB AllMtn 5.0 and Pants MTB AllMtn 4.0, along with all other Leatt products, are featured at www.leatt.com .

Velocity CLO Justin Carlson Appointed President of the Hispanic National Bar Foundation

Retrieved on: 
Tuesday, February 6, 2024

FORT LAUDERDALE, Fla., Feb. 6, 2024 /PRNewswire/ -- The Hispanic National Bar Foundation (HNBF) has appointed Velocity Solutions' Chief Legal Officer and General Counsel Justin Carlson as its President effective November 1, 2023.

Key Points: 
  • FORT LAUDERDALE, Fla., Feb. 6, 2024 /PRNewswire/ -- The Hispanic National Bar Foundation (HNBF) has appointed Velocity Solutions' Chief Legal Officer and General Counsel Justin Carlson as its President effective November 1, 2023.
  • The Hispanic National Bar Foundation's mission is to help Hispanics achieve their potential through access to higher education and increase diversity in the legal profession.
  • The foundation seeks to create a culture in the Hispanic community where higher education is the expectation rather than the exception.
  • As Velocity Solutions' CLO/General Counsel, Carlson advises the executive team on legal matters and strategic planning and has overall responsibility for Velocity's corporate compliance programs and legal risk management.

nmible partners with Velocity Clinical Research to streamline clinical trials patient stipends

Retrieved on: 
Wednesday, January 24, 2024

LONDON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- U.K.-based nmible, the clinical trial participant reimbursement platform, today announces it will embed its tech into the patient recruitment app for Velocity Clinical Research (“Velocity”), the U.S.-headquartered and leading multi-specialty clinical sites business, streamlining patient payments and dramatically reducing the administrative burden of expense processing.

Key Points: 
  • The platform is estimated to save Velocity more than 650 working days each year, streamlining in excess of $20 million in payments the site giant administers annually to people who take part in clinical research.
  • Jon Anderson, Founder of nmible, said: “Healthcare is usually one of the last industries to benefit from tech innovation and the system today for reimbursing clinical trials participants is archaic and cumbersome.
  • In fact, according to Bankrate research this year, 47% of U.S. adults have at least one gift card that has not been used.
  • Dr. Paul Evans, President and Chief Executive of Velocity Clinical Research, said, “The COVID pandemic was an incredible awareness-raising moment for the clinical trials industry and we’re seeing more people wanting to take part in life-saving research.