OpenText

Vislink Reports Fourth Quarter and Full Year 2023 Financial and Operational Results - Update

Retrieved on: 
Monday, April 1, 2024

Mt. Olive, NJ, April 01, 2024 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), a global technology leader in the capture, delivery, and management of high-quality, live video and associated data in the media and entertainment, public safety, and defense markets, today reported results for the fourth quarter and full year ended December 31, 2023. The Company will file the Form 10-K with the Securities and Exchange Commission by April 16, 2024.

Key Points: 
  • Increased Software and Services revenue to more than 10% of sales in 2023.
  • “2023 marked a pivotal year for Vislink, as we laid the groundwork for accelerated revenue growth and cash flow neutrality in 2024,” said Vislink CEO Mickey Miller.
  • Cash and short-term investments were $14.2 million at December 31, 2023, compared to $18.2 million at the end of the third quarter.
  • Management will host a conference call today, April 1, 2024, at 8:30 a.m. Eastern Time to discuss its financial results for the fourth quarter and full year ended December 31, 2023.

Vislink Reports Fourth Quarter and Full Year 2023 Financial and Operational Results

Retrieved on: 
Monday, April 1, 2024

Mt. Olive, NJ, April 01, 2024 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), a global technology leader in the capture, delivery, and management of high-quality, live video and associated data in the media and entertainment, public safety, and defense markets, today reported results for the fourth quarter and full year ended December 31, 2023. The Company will file the Form 10-K with the Securities and Exchange Commission by April 16, 2024.

Key Points: 
  • Increased Software and Services revenue to more than 10% of sales in 2023.
  • “2023 marked a pivotal year for Vislink, as we laid the groundwork for accelerated revenue growth and cash flow neutrality in 2024,” said Vislink CEO Mickey Miller.
  • Cash and short-term investments were $14.2 million at December 31, 2023, compared to $18.2 million at the end of the third quarter.
  • Management will host a conference call today, April 1, 2024, at 8:30 a.m. Eastern Time to discuss its financial results for the fourth quarter and full year ended December 31, 2023.

OpenText Strengthens Leadership Team; Appoints Three Presidents, including Todd Cione as incoming President WW Sales

Retrieved on: 
Monday, April 8, 2024

Each of Mr. Cione, Mr. Duggan and Ms. Ranganathan will directly report to OpenText CEO & CTO Mark J. Barrenechea.

Key Points: 
  • Each of Mr. Cione, Mr. Duggan and Ms. Ranganathan will directly report to OpenText CEO & CTO Mark J. Barrenechea.
  • He brings to OpenText more than 30 years of experience in global sales at large multi-national technology organizations, including Teradata, Apple, Microsoft, and Oracle.
  • "I believe OpenText's strategy of Information Management, in the cloud, at scale, is a winning strategy," said Todd Cione, President of Worldwide Sales.
  • For full biographical information on Todd Cione, Paul Duggan, and Madhu Ranganathan, as well as the entire OpenText Executive Leadership Team, please visit here .

Securing Canada's AI advantage

Retrieved on: 
Sunday, April 7, 2024

The Prime Minister, Justin Trudeau, today announced a $2.4 billion package of measures from the upcoming Budget 2024 to secure Canada's AI advantage.

Key Points: 
  • The Prime Minister, Justin Trudeau, today announced a $2.4 billion package of measures from the upcoming Budget 2024 to secure Canada's AI advantage.
  • We will also develop a new Canadian AI Sovereign Compute Strategy to catalyze the development of Canadian-owned and located AI infrastructure.
  • Creating a new Canadian AI Safety Institute, with $50 million to further the safe development and deployment of AI.
  • Today's announcement is about investing in innovation and economic growth to secure Canada's world-leading AI advantage today and for generations to come.

Enthusiast Gaming Announces Appointment of Thomas Hearne to its Board of Directors

Retrieved on: 
Friday, March 22, 2024

LOS ANGELES, March 22, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming and media company in North America, is pleased to announce that Mr. Thomas Hearne has been appointed to the board of directors of the Company, effective as of March 20, 2024.

Key Points: 
  • LOS ANGELES, March 22, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming and media company in North America, is pleased to announce that Mr. Thomas Hearne has been appointed to the board of directors of the Company, effective as of March 20, 2024.
  • "We are very excited to welcome Tom to our Board," commented Adrian Montgomery, Board Chair and Interim CEO of Enthusiast Gaming.
  • "His extensive expertise in gaming, esports and media, coupled with his strong financial acumen, will make him a valuable addition to our team."
  • “I am honored to be joining the Board of Directors of Enthusiast Gaming,” said Mr. Hearne.

CIO Leadership: The Call for Visionary Global Leadership Will Power the Discussion at HMG Strategy’s 17th Annual New York CIO Summit of America on April 11

Retrieved on: 
Tuesday, March 12, 2024

“There’s never been a better time to be an enterprise business technology executive,” said Hunter Muller, Founder and CEO of HMG Strategy.

Key Points: 
  • “There’s never been a better time to be an enterprise business technology executive,” said Hunter Muller, Founder and CEO of HMG Strategy.
  • To learn more about the 17th Annual New York CIO Summit of America and to register for the event, click here .
  • To learn more about the 15th Annual Phoenix C-Level Technology Leadership Summit and to register for the event, click here .
  • HMG Strategy will also be hosting its 15 th Annual Dallas C-Level Technology Leadership Summit on April 2.

Coroplast Group Partners with OpenText to Meet Poland's E-Invoicing Mandates

Retrieved on: 
Tuesday, April 2, 2024

WATERLOO, ON, April 2, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today announced that it has been selected by Coroplast Group, a leading manufacturer in the fields of Technical Adhesive Tapes, Wires & Cables, and Wire Harnesses, as its e-invoicing provider for Poland. OpenText's e-invoicing solutions will empower the growing global company to confidently manage mandatory governmental requirements in Poland, partnering toward the goals of a seamless connection to the Polish KSeF-portal and compliance with the local mandate.

Key Points: 
  • With OpenText as its e-invoicing provider, Coroplast Group can feel confident in its compliance while also reaping the benefits of the platform, such as streamlined document processing, real-time invoice information for business management, and expedited VAT returns.
  • "As our company grows worldwide, it can be tricky to understand and follow the various mandates in each new market," said Astrid Hasen, Teamlead SAP FI/CO at Coroplast Group.
  • Coroplast Group's decision to partner with OpenText is based on the robust capabilities of OpenText's Business Network Cloud Foundation.
  • "As a leader in supply chain optimization, we are committed to helping businesses meet the growing global e-invoicing mandates," said Muhi Majzoub, EVP & Chief Product Officer at OpenText.

OpenText Strengthens X12 Collaboration to Accelerate the Future of Supply Chain B2B Data Exchange

Retrieved on: 
Wednesday, March 27, 2024

This long-standing collaboration underscores OpenText's commitment to and support for X12 standards across its expansive supply chain network.

Key Points: 
  • This long-standing collaboration underscores OpenText's commitment to and support for X12 standards across its expansive supply chain network.
  • "Electronic data interchange (EDI) is a critical foundation that supports how supply chains and businesses function today," stated Muhi Majzoub, Chief Product Officer and EVP, OpenText.
  • "Working with X12 is more than just a collaboration; it's a testament to our joint dedication to continuous innovation and to laying the foundation for a more interconnected and efficient B2B data exchange landscape for the future."
  • "We are delighted to join forces with OpenText in advancing the development of X12 standards and derivatives," said Cathy Sheppard, CEO of X12.

Global Fax Services Market Outlook & Forecast 2023-2028: Cloud-Based Fax Solutions Gain Traction, Online Scams and Data Breaches Spur Adoption for Enhanced Security

Retrieved on: 
Monday, March 18, 2024

DUBLIN, March 18, 2024 /PRNewswire/ -- The "Global Fax Services Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 18, 2024 /PRNewswire/ -- The "Global Fax Services Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The emergence of various cutting-edge technologies, including 5G, Machine-to-machine (M2M) communication, IoT, automated intelligence, cloud computing, and digital fax solutions, drive the fax services market.
  • The increasing telecom industry drives the global fax services market, using reliable, secure, cost-effective communication solutions to secure customer data.
  • Increased operational expenditure and initiatives towards operating a green environment are aiding the growth of the cloud-based fax services market.

Information Management Experts Gather to Explore How AI Elevates Human Potential at OpenText World Europe 2024

Retrieved on: 
Monday, March 18, 2024

"AI is revolutionizing the business world as a force multiplier for human potential.

Key Points: 
  • "AI is revolutionizing the business world as a force multiplier for human potential.
  • "At OpenText World Europe, we look forward to showcasing how our OpenText Aviator solutions are empowering organizations to redefine roles and elevate their employees to be their best."
  • OpenText World Europe will provide an inspiring overview of the company's next generation developments in the cloud and at the edge.
  • Registration is now open, and the full agendas are available for OpenText World Europe – London , Munich and Paris .