CPP | Jotup

HYCU® Becomes First Data Protection Solution to Attain Common Criteria Certification for Collaboration Protection Profile (cPP)

Retrieved on:

Tuesday, March 5, 2024

Engineering, Algorithm, SVP, Health, Global marketing, Government, Common Criteria, Criterion, CPP, Certification

Within Common Criteria, the cPP certification is mutually recognized by all 31 participating countries .

Key Points:

Within Common Criteria, the cPP certification is mutually recognized by all 31 participating countries .
Common Criteria is widely regarded as the leading benchmark for IT product security certification.
IT users increasingly expect Common Criteria certification in their choice of solutions as trusted and reliable for specific cybersecurity capabilities.
“The Common Criteria certification marks another significant milestone for HYCU,” said Subbiah Sundaram, SVP, Product at HYCU.

AITX's Subsidiary RAD Surpasses 400 Unit Fiscal Year Order Intake Milestone

Retrieved on:

Thursday, February 29, 2024

AI, PSP, The Security Institute, RAD, CPP, Artificial intelligence

Detroit, Michigan, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), has officially announced reaching a milestone of 400 device orders throughout its fiscal year, which concludes on February 29. With one additional day remaining before the fiscal year-end, RAD is poised to potentially surpass this significant achievement, further announcements are expected in the coming week.

Key Points:

With one additional day remaining before the fiscal year-end, RAD is poised to potentially surpass this significant achievement, further announcements are expected in the coming week.
This accomplishment by RAD is particularly notable given the global challenges faced by businesses over the past year.
Mark Folmer, CPP, PSP, FSyI, President of RAD, commented on reaching the milestone, “Hitting 400 orders is a clear indication of RAD’s leadership in the AI-driven security solutions market.
We are proud to play a pivotal role in defining the future of security and productivity with our innovative solutions.

Journey Energy Inc. Announces Year-End 2023 Reserves

Retrieved on:

Friday, February 23, 2024

MPP, GPP, NPV, Testament, GLJ, TSX, JOY, PDP, Consultant, CPP, Yoy, FD, National instrument, Bank statement, Oil

CALGARY, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Journey Energy Inc. (JOY – TSX) (“Journey” or the “Company”) is pleased to report its year-end 2023 oil and gas reserves evaluation.

Key Points:

CALGARY, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Journey Energy Inc. (JOY – TSX) (“Journey” or the “Company”) is pleased to report its year-end 2023 oil and gas reserves evaluation.
Proved plus Probable Developed Producing reserves decreased 5% to 48.6 MMboe, with a corresponding decrease of 22% in NPV@10% to $450.5 million ($457.0 million including the CPP).
Realized attractive F&D and FD&A recycle ratios of 2.4 and 2.5 respectively for proven reserves; and 8.9 and 8.5 respectively for proven plus probable reserves.
The following table provides summary information presented in the GLJ Petroleum Consultants Limited (“GLJ”) independent reserves assessment and evaluation effective December 31, 2023, (the “GLJ Report”).

FGIC Announces Entry into Transaction Support Agreement to Pursue a Potential Accelerated Run-Off Transaction

Retrieved on:

Thursday, February 29, 2024

A copy of this Transaction Support Agreement will be posted to FGIC’s website at www.fgic.com/proposedacceleratedrunoff/ .

Key Points:

A copy of this Transaction Support Agreement will be posted to FGIC’s website at www.fgic.com/proposedacceleratedrunoff/ .
The total amount of Permitted Policy Distributions net of amounts allocable to FGIC-Owned Instruments is estimated to be about $1.480 billion.
A copy of this Novation Agreement will be posted to FGIC’s website at www.fgic.com/proposedacceleratedrunoff/ .
The Proposed Transaction will become effective only if, among other things, the required court approvals are obtained.

Nacha’s Payments Innovation Alliance Releases Infographic Warning Against Becoming an Unwitting Money Mule

Retrieved on:

Thursday, February 29, 2024

View the full release here: https://www.businesswire.com/news/home/20240229659686/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240229659686/en/
A money mule transfers or moves illegally acquired money on behalf of someone else.
Criminals recruit money mules to help launder proceeds derived from crimes such as human and drug trafficking.
"The Payment Innovation Alliance Consumer Financial Exploitation Project Team leverages Nacha's connections with financial institutions to provide educational resources, empowering communities to protect themselves against fraud."
To download the infographic, learn more about consumer protection initiatives, or join the Payments Innovation Alliance, visit nacha.org/consumer-financial-project-team.

Griffon Corporation Announces Repurchase of 1.5 Million Shares from Voss Capital

Retrieved on:

Tuesday, February 20, 2024

Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, GFF, Share repurchase, Common stock, Sale, Cooperation, CPP, HBP, Corporation, Griffon Corporation

Concurrent with the closing of the transaction, Travis Cocke, Chief Investment Officer of Voss Capital, will resign from the Griffon Board of Directors, effective immediately, thereby reducing the size of the Board to 12 members.

Key Points:

Concurrent with the closing of the transaction, Travis Cocke, Chief Investment Officer of Voss Capital, will resign from the Griffon Board of Directors, effective immediately, thereby reducing the size of the Board to 12 members.
“Voss continues to be a substantial shareholder of Griffon and has a continued stake in our success.
Since last April and through today, share repurchases under Board-authorized programs totaled 7.5 million shares of common stock or 13.1% of the outstanding shares, for a total of $330 million or an average of $44.21 per share.
As of today, Griffon has $128 million remaining under its Board-authorized share repurchase program.

HOPA and Cancer Support Community Bring Together Patient and Pharmacist Points of View

Retrieved on:

Friday, February 16, 2024

MILWAUKEE, Feb. 16, 2024 /PRNewswire-PRWeb/ -- The virtual interview is part of the CSC series, "Frankly Speaking about Cancer" and takes place via Zoom on Tuesday, February 27 at 5 p.m. Central Standard Time.

Key Points:

The Hematology/Oncology Pharmacy Association (HOPA) has partnered with Cancer Support Community (CSC) for a live video interview with an oncology pharmacist and cancer patient.
The video interview will show the perspective of both the patient and pharmacist involved in cancer treatment and will highlight the role of oncology pharmacy.
The Cancer Support Community is a global nonprofit that uplifts and strengthens people impacted by cancer.
http://www.cancersupportcommunity.org
The Hematology/Oncology Pharmacy Association (HOPA) supports hematology/oncology pharmacy professionals and promotes the role of the pharmacist in collaborative cancer care.

AITX’s RAD Announces ATM Hook & Chain Attack AI Analytic

Retrieved on:

Thursday, February 15, 2024

Senior, AI, PSP, Attack, ATM, The Security Institute, Hook, RAD, CPP, Crime, Optimism, FBI, Area studies, Trust, Artificial intelligence, Theft, Cryptocurrency

Detroit, Michigan, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), today announced a significant addition to its suite of AI analytics. This innovation equips RAD's robotic security solutions with the capability to detect the rampant threat of Hook & Chain ATM attacks plaguing the banking industry. A Hook and Chain attack involves attaching one end of a chain or cable to an ATM and using a vehicle to exert force on the machine, usually by pulling the chain with the vehicle, with the objective of forcefully open the ATM's safe doors, allowing thieves to access the cash inside. With this development, RAD continues to lead the charge in providing cutting-edge security solutions tailored to meet the evolving challenges faced by financial institutions and other enterprise clients.

Key Points:

This innovation equips RAD's robotic security solutions with the capability to detect the rampant threat of Hook & Chain ATM attacks plaguing the banking industry.
Hook and chain attacks were the leading ATM crime, in which thieves steal the cash from an ATM machine and cause extensive property damage, sometimes with loss and damages approaching $500K per incident.
Mark Folmer, CPP, PSP, FSyI, President of RAD, added, “The Hook & Chain analytic was requested during discussions with a leading national bank with over 1000 branches.
We currently have highly satisfied banking clients who are eager to implement the ATM attack detection analytic.

AITX’s RAD January SaaS Revenue Up 383%; Contracts In-Hand Break $500K Recurring Monthly Revenue Milestone as Strong Growth Continues

Retrieved on:

Monday, February 12, 2024

RMR, PSP, The Security Institute, RAD, CPP, Software as a service, Town hall, Artificial intelligence

Specifically, contracted (including deployed and contracted to-be-deployed) revenue derived from device rental (SaaS revenue) now surpasses $500,000 a month.

Key Points:

Specifically, contracted (including deployed and contracted to-be-deployed) revenue derived from device rental (SaaS revenue) now surpasses $500,000 a month.
Furthermore, the Company reports that January 2024 invoiced SaaS revenue was 383% greater than January 2023 invoiced revenue, coming in (unaudited) at $226K for the month.
On January 29, 2024, the Company announced that booked recurring monthly revenue (RMR) was up 476% over the previous year.
RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream.

AITX’s RAD Announces First Municipal RADDOG Adoption

Retrieved on:

Thursday, February 8, 2024

PSP, CPP, Social media, Trust, FBI, The Security Institute, City, Risk, Eye, Artificial intelligence, Police, RAD

Detroit, Michigan, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), today announced that the Taylor City Council has officially approved the addition of a RADDOG™ 2LE to the Taylor Police Department. This marks a historic moment as the city integrates its first robotic quadruped into the municipal police force, and RAD celebrates its inaugural deployment of RADDOG to a municipal entity.

Key Points:

This marks a historic moment as the city integrates its first robotic quadruped into the municipal police force, and RAD celebrates its inaugural deployment of RADDOG to a municipal entity.
RADDOG 2LE , designed and developed by RAD, is a state-of-the-art robotic system modeled to support law enforcement agencies in a variety of operational scenarios.
Equipped with advanced mobility, surveillance capabilities, and patrolling functions, RADDOG 2LE is set to become an invaluable asset to the Taylor Police Department.
RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream.