FSI

Trive-Backed Forward Slope Acquires Soar Technology

Retrieved on: 
Thursday, August 24, 2023

SAN DIEGO and DALLAS, Aug. 24, 2023 /PRNewswire/ -- Soar Technology, Inc. ("SoarTech") has partnered with Forward Slope Incorporated ("Forward Slope" or "FSI"), backed by Trive Capital ("Trive"), the Dallas-based private equity firm.

Key Points: 
  • SAN DIEGO and DALLAS, Aug. 24, 2023 /PRNewswire/ -- Soar Technology, Inc. ("SoarTech") has partnered with Forward Slope Incorporated ("Forward Slope" or "FSI"), backed by Trive Capital ("Trive"), the Dallas-based private equity firm.
  • The combined set of capabilities, talented teams and cultural alignment gave us conviction that a partnership with Forward Slope was an ideal next chapter for SoarTech.
  • "This partnership represents another significant milestone for Forward Slope," said Carlos Persichetti, Chief Executive Officer of Forward Slope.
  • Haynes & Boone LLP served as legal counsel to Trive Capital and Forward Slope.

Flanders Scientific's XMP550 QD-OLED HDR Reference Monitor Clinches Esteemed HPA Engineering Excellence Award

Retrieved on: 
Monday, August 21, 2023

ATLANTA, Aug. 21, 2023 /PRNewswire/ -- Flanders Scientific, Inc. (FSI), a leading provider of professional reference displays, is proud to announce that its groundbreaking 55" XMP550 QD-OLED HDR Reference Monitor has been honored with a highly coveted Hollywood Professional Association (HPA) Engineering Excellence Award.

Key Points: 
  • ATLANTA, Aug. 21, 2023 /PRNewswire/ -- Flanders Scientific, Inc. (FSI), a leading provider of professional reference displays, is proud to announce that its groundbreaking 55" XMP550 QD-OLED HDR Reference Monitor has been honored with a highly coveted Hollywood Professional Association (HPA) Engineering Excellence Award.
  • This accolade follows the monitor's previous triumph, having secured an esteemed Cine Gear Technical Award earlier this year.
  • "We are honored to be the recipients of these prestigious awards recognizing the importance of this new type of HDR monitoring solution," said Bram Desmet, CEO at Flanders Scientific.
  • For more information about the XMP550 QD-OLED HDR Reference Monitor and Flanders Scientific, Inc.'s pioneering solutions, please visit FlandersScientific.com/XMP550/

FSI ANNOUNCES SECOND QUARTER, 2023 FINANCIAL RESULTS

Retrieved on: 
Monday, August 14, 2023

VICTORIA, BRITISH COLUMBIA, Aug. 14, 2023 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces financial results for second quarter ended June 30, 2023.

Key Points: 
  • Today the Company announces financial results for second quarter ended June 30, 2023.
  • Q2, 2023 Non-GAAP operating cash flow: The Company shows 6 months operating cash flow of $3,220,674, or $0.26 per share.
  • A conference call has been scheduled for 11:00 am Eastern Time, 8:00 am Pacific Time, on Tuesday August 15th, 2023.
  • This financial information is a Non-GAAP financial measure as defined by SEC regulation G. The GAAP financial measure most directly comparable is net income.

FSi Strategies releases Get Help app for client support

Retrieved on: 
Tuesday, August 8, 2023

VIENNA, Va., Aug. 8, 2023 /PRNewswire/ -- FSi Strategies, a leading provider in Managed IT Services and Professional IT Services, is excited to announce the release of its Get Help app , designed to provide clients with timely and efficient support whenever they need it.

Key Points: 
  • VIENNA, Va., Aug. 8, 2023 /PRNewswire/ -- FSi Strategies, a leading provider in Managed IT Services and Professional IT Services, is excited to announce the release of its Get Help app , designed to provide clients with timely and efficient support whenever they need it.
  • Get Help enables clients to view and submit support tickets without leaving Microsoft Teams, Outlook, and other Microsoft Office applications.
  • It allows for streamlined communication between clients and FSi, achieving a higher level of service, faster than ever before.
  • FSi Strategies is thrilled to begin rolling out the app to clients in order to further help them leverage the strategic value of technology in the workplace.

The EBA updates guidance on reporting of Financial Soundness Indicators to the International Monetary Fund

Retrieved on: 
Thursday, August 3, 2023

02 August 2023

Key Points: 
  • 02 August 2023
    The European Banking Authority (EBA) published today an updated guidance on how to compile and report to the International Monetary Fund (IMF) the Financial Soundness Indicators (FSI) based on EBA data.
  • FSIs provide insight into the financial health and soundness of countries’ financial institutions as well as corporate and household sectors, thus supporting the economic and financial stability analysis.
  • The EBA guidance note provides a mapping of IMF FSI indicators to EBA supervisory reporting data, ensuring a harmonised methodology across the EU when compiling and reporting FSIs to the IMF.
  • This updated mapping includes also additional metadata recommendations, which EU national authorities should consider when reporting country-level FSI to the IMF.

IFF Completes Divestiture of Flavor Specialty Ingredients Business

Retrieved on: 
Wednesday, August 2, 2023

IFF (NYSE:IFF) today announced that it successfully completed the previously announced divestiture of its Flavor Specialty Ingredients (FSI) business to Exponent, a leading UK-based private equity firm, on August 1, 2023.

Key Points: 
  • IFF (NYSE:IFF) today announced that it successfully completed the previously announced divestiture of its Flavor Specialty Ingredients (FSI) business to Exponent, a leading UK-based private equity firm, on August 1, 2023.
  • “The sale of our FSI business unit is another step in our journey to continuously maximize value,” said Frank Clyburn, IFF CEO.
  • “Portfolio optimization is a central part of our ongoing strategy to improve growth and returns.
  • This focus allows us to concentrate on our most attractive businesses and strengthen our capital structure by reducing outstanding debt.

FSI ANNOUNCES SECOND QUARTER 2023 REVENUE

Retrieved on: 
Monday, July 17, 2023

Today the Company announces top line revenue for second quarter (Q2), 2023.

Key Points: 
  • Today the Company announces top line revenue for second quarter (Q2), 2023.
  • Flexible Solutions’ top line revenue decreased from $11.165 million (Q2, 2022) to $10.330 million (Q2, 2023), down approximately 7% year over year.
  • Complete financial results will be available after market close on Monday, August 14, 2023, concurrent with the Company’s SEC second quarter filings.
  • See the FSI August 14, 2023 financials news release for the dial in numbers.

Alithya recognized in eight categories of the combined 2023 Microsoft Partner of the Year and Impact Awards

Retrieved on: 
Thursday, July 13, 2023

MONTREAL, July 13, 2023 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) ("Alithya") is proud to announce its consideration in eight individual categories of this year's Microsoft Partner of the Year and Microsoft Impact Awards.

Key Points: 
  • MONTREAL, July 13, 2023 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) ("Alithya") is proud to announce its consideration in eight individual categories of this year's Microsoft Partner of the Year and Microsoft Impact Awards.
  • Recognition in the eight categories spans two different Microsoft awards programs: the Microsoft Partner of the Year Awards and the Microsoft Impact Awards.
  • The Microsoft Impact Awards, presented annually by Microsoft Canada, celebrate the technological innovation and excellence of companies within the Microsoft Canadian Partner community.
  • To learn more about the 2023 Microsoft Partner of the Year Awards recipients: https://partner.microsoft.com/en-US/inspire/awards/winners#tab-3
    To learn more about the 2023 Microsoft Canada Impact Awards Winners and Finalists: https://techcommunity.microsoft.com/t5/canada-partner-news-resources/mic...

FSI INVESTS IN LLC THAT OWNS INDUSTRIAL BUILDING IN MENDOTA, IL

Retrieved on: 
Thursday, July 6, 2023

Today the Company announces it has invested in a Mendota, IL property.

Key Points: 
  • Today the Company announces it has invested in a Mendota, IL property.
  • FSI has purchased 80% of an Illinois LLC, called 317 Mendota, which owns only an industrial building in Mendota, IL.
  • The FSI subsidiary, ENP, will lease some of the space in the building and consolidate all operations there.
  • FSI believes the building will provide the space needed for anticipated growth by both subsidiaries.

First Sentier Investors appoints Sudip Hazra Director of the First Sentier MUFG Sustainable Investment Institute

Retrieved on: 
Thursday, June 29, 2023

NEW YORK and LONDON, June 29, 2023 /PRNewswire/ -- First Sentier Investors (FSI), a leading global investment manager, today announced the appointment of Sudip Hazra as Director of the First Sentier MUFG Sustainable Investment Institute (the Institute), effective June 6.

Key Points: 
  • NEW YORK and LONDON, June 29, 2023 /PRNewswire/ -- First Sentier Investors (FSI), a leading global investment manager, today announced the appointment of Sudip Hazra as Director of the First Sentier MUFG Sustainable Investment Institute (the Institute), effective June 6.
  • The Institute is jointly supported by FSI and its shareholder, Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of Mitsubishi UFJ Financial Group (MUFG).
  • Turner added, "As responsible investors, we believe that incorporating ESG considerations into our investment approach leads to better outcomes for our clients and broader society.
  • Hazra, who is based in London, brings a wealth of sustainable research experience to his new role.