CA

Origence Announces Strategic Financial Investment in Zest AI

Retrieved on: 
Friday, November 11, 2022

Irvine, California, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Irvine, CA, November 10, 2022 Origence, the leading lending technology solutions provider for credit unions, announces a strategic investment in Zest AI, a pioneer in automated underwriting powered by artificial intelligence (AI).

Key Points: 
  • Irvine, California, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Irvine, CA, November 10, 2022 Origence, the leading lending technology solutions provider for credit unions, announces a strategic investment in Zest AI, a pioneer in automated underwriting powered by artificial intelligence (AI).
  • Our investment in Zest AI is another example of our commitment to ensure that credit unions are positioned for success.
  • With the promise of more accurate and consistent underwriting decisions, Zest AI and Origence arc OS can help credit unions enhance automation and credit scoring capabilities while improving the loan origination process for their members.
  • Our investment in Zest AI will provide our credit unions a voice in the development of leading artificial intelligence and machine learning technological advancements in the industry, said Tony Boutelle, president and CEO of Origence.

Ex-Mexican Partner Guilty of Breach of Fiduciary Duty Against U.S. Flooring Firm Kolay in Federal Court

Retrieved on: 
Thursday, November 10, 2022

Kolays Mexican counsel said Mitchell and Kolay may pursue lost profits and damages after those matters are resolved.

Key Points: 
  • Kolays Mexican counsel said Mitchell and Kolay may pursue lost profits and damages after those matters are resolved.
  • Allegations against Barroso De La Fuente and his company in the U.S. case included, among others, claims for breach of fiduciary duty and conspiracy to harm Kolay.
  • Kolay Flooring International, LLC is a leading manufacturer with over 25 years of experience in the manufacturing, distribution and sales of floor covering.
  • Kolay broadened its product offering to include quality hard surface flooring, which consists ofprofile baseboard, luxury vinyl, SPC, and woven vinylflooring.

ROHM’s New 0603-Size LEDs Optimized for Low-Current, Low-Light Applications

Retrieved on: 
Thursday, November 10, 2022

In recent years, technological advancements in LED elements have resulted in dramatically improved luminous efficiency leading to increased brightness.

Key Points: 
  • In recent years, technological advancements in LED elements have resulted in dramatically improved luminous efficiency leading to increased brightness.
  • At the same time, the market is demanding LEDs tailored to characteristics in the low current range.
  • ROHM has developed versatile 0603-size LEDs optimized for low-current drive in low-light applications by leveraging in-house element technology to customize the light-emitting layer of the device.
  • Going forward, ROHM will continue to offer LEDs that meet customer needs while improving application design and reducing development load.

Tokenized: BonfireDAO Ushers In The Future Of Real Estate

Retrieved on: 
Thursday, November 10, 2022

As a team of real estate experts, BonfireDAO understands the importance of ruling out the risk factor for their investors and delivers a sound and coherent service to ensure they are at ease regardless of their prior real estate knowledge and experience.

Key Points: 
  • As a team of real estate experts, BonfireDAO understands the importance of ruling out the risk factor for their investors and delivers a sound and coherent service to ensure they are at ease regardless of their prior real estate knowledge and experience.
  • The investment model distributes buying power among a plethora of geographies, income classes, and levels of expertise in real estate.
  • BonfireDAO is fundamentally community-centric and is building an international community to accompany the journey to the future of real estate investment.
  • With an easy-to-use marketplace, a game-changing concept, and a genuine dedication to their current and future community of token holders, BonfireDAO is reshaping the future of how real estate is bought and sold.

Intersolar North America and Energy Storage North America Announce Teams for 2023 Solar Games Competition

Retrieved on: 
Thursday, November 10, 2022

The Solar Games showcase the technical talent and unique skill set required for solar + storage installation, celebrating the professionals who move the energy transition forward each day, said Wes Doane, Event Director, Intersolar North America and Energy Storage North America.

Key Points: 
  • The Solar Games showcase the technical talent and unique skill set required for solar + storage installation, celebrating the professionals who move the energy transition forward each day, said Wes Doane, Event Director, Intersolar North America and Energy Storage North America.
  • The 2023 Solar Games competition is made possible thanks to generous sponsorship by these industry-leading companies: Electriq Power , Jinko Solar , K2 Systems , Milwaukee Tool , Rolls Battery Engineering , RoofTech , and SolaDeck .
  • Support the 2023 teams: Companies interested in supporting teams on their journey to the games should contact Hannah Schynder for sponsorship opportunities.
  • Intersolar North America and Energy Storage North America is the premier U.S.-based conference and trade show focused on solar, energy storage, and EV charging infrastructure.

Eyenovia Reports Third Quarter 2022 Financial Results and Provides Business Update

Retrieved on: 
Thursday, November 10, 2022

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Eyenovia, Inc. (Nasdaq: EYEN), a pre-commercial ophthalmic technology company developing the Optejet® delivery system for use both in combination with its own drug-device therapeutic programs for mydriasis, presbyopia and pediatric progressive myopia as well as out-licensing for additional indications, today announced its financial and operating results for the third quarter ended September 30, 2022.

Key Points: 
  • Ended the third quarter of 2022 with approximately $25.3 million in total cash and cash equivalents, including $7.9 million of restricted cash.
  • For the third quarter of 2022, general and administrative expenses were approximately $3.4 million, compared to $2.4 million for the third quarter of 2021, an increase of approximately 41.3%.
  • Total operating expenses for the third quarter of 2022 were approximately $7.2 million compared to $5.9 million for the third quarter of 2021.
  • These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management.

Truepic’s Authenticating Camera SDK Recognized by TIME’s Best Inventions 2022

Retrieved on: 
Thursday, November 10, 2022

San Diego, CA, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Truepic Lens , the first smartphone camera for capturing secure and authenticated digital content, was recognized as one of TIME's 2022 Best Inventions in the Apps & Software category .

Key Points: 
  • San Diego, CA, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Truepic Lens , the first smartphone camera for capturing secure and authenticated digital content, was recognized as one of TIME's 2022 Best Inventions in the Apps & Software category .
  • Truepic Lens is an iOS and Android Software Development Kit (SDK) that powers any mobile platform or service to integrate secure camera technology directly into an existing mobile application.
  • We are honored by TIMEs recognition and believe that our mission to scale digital content authenticity is critical to the future of our global societies and economies.
  • Recognized as one of TIMEs Best Inventions and one of Fast Companys World Changing Ideas , Truepics AI platform and secure mobile camera technology assure the authenticity of photos and videos.

Blue Water Vaccines Reports Third Quarter 2022 Financial Results and Recent Business Highlights; Announces 5 Million Share Repurchase Program

Retrieved on: 
Thursday, November 10, 2022

On August 11, 2022, BWV closed a private placement with aggregate net cash proceeds of approximately $8.7 million.

Key Points: 
  • On August 11, 2022, BWV closed a private placement with aggregate net cash proceeds of approximately $8.7 million.
  • On November 8, 2022, the Company announced the appointment of Vuk Jeremi to its Board on November 4, 2022.
  • On November 9, 2022, the Board approved a share repurchase program to allow for the Company to repurchase up to 5 million shares, with discretion to management to make purchases subject to market conditions.
  • Cash Position: Cash was $29.1 million as of September 30, 2022, as compared to $1.9 million as of December 31, 2021.

Zenfolio and Format Unite in Their Support of Photography and Creative Arts Students with $1 Million of Free Subscriptions

Retrieved on: 
Thursday, November 10, 2022

Zenfolio began the initiative in 2021 to build the future of the photography industry by empowering students with professional business resources.

Key Points: 
  • Zenfolio began the initiative in 2021 to build the future of the photography industry by empowering students with professional business resources.
  • Now, Zenfolio and Format are broadening the program to include fine arts, design and architecture students and educators.
  • The best way to encourage a photography or creative arts student to become a professional, is to help them launch their career with pro-level resources, said John Loughlin, Zenfolio CEO.
  • After combining forces in late 2021, Zenfolio and Format dominate the market serving creative professionals across a wide variety of disciplines.

Zenfolio and Format Unite in Their Support of Photography and Creative Arts Students with $1 Million of Free Subscriptions

Retrieved on: 
Thursday, November 10, 2022

Zenfolio began the initiative in 2021 to build the future of the photography industry by empowering students with professional business resources.

Key Points: 
  • Zenfolio began the initiative in 2021 to build the future of the photography industry by empowering students with professional business resources.
  • Now, Zenfolio and Format are broadening the program to include fine arts, design and architecture students and educators.
  • The best way to encourage a photography or creative arts student to become a professional, is to help them launch their career with pro-level resources, said John Loughlin, Zenfolio CEO.
  • After combining forces in late 2021, Zenfolio and Format dominate the market serving creative professionals across a wide variety of disciplines.