AMP

Dubai-based Cryptocurrency Venture Capital 'Alpha Token Capital' Invests in $CVTX

Retrieved on: 
Tuesday, March 19, 2024

On the 15th, Carrieverse announced that it had entered into a strategic investment partnership with Dubai-based cryptocurrency venture capital firm Alpha Token Capital.

Key Points: 
  • On the 15th, Carrieverse announced that it had entered into a strategic investment partnership with Dubai-based cryptocurrency venture capital firm Alpha Token Capital.
  • Through this partnership, Alpha Token Capital will make a crypto investment in CVTX and a strategic investment in Carrieverse.
  • Alpha Token Capital is a global crypto venture capital firm with networks not only in Dubai but also in India and Singapore.
  • This investment is known to be Alpha Token Capital's first investment in a Korean token.

AirBoss Reports 4th Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

For the quarter and 2023, volume was down 17.5% with decreases across the majority of sectors given softness in many customer sectors.

Key Points: 
  • For the quarter and 2023, volume was down 17.5% with decreases across the majority of sectors given softness in many customer sectors.
  • Tolling volume was down 63.0% in the quarter and 59.6% in 2023, from the comparable periods in 2022.
  • Non-tolling volume was down 9.9% for the quarter and by 7.4% in 2023, compared to the same periods in 2022.
  • AirBoss now reports results under two segments: (1) AirBoss Rubber Solutions (“ARS”), and (2) AirBoss Manufactured Products (“AMP”).

AirBoss Announces Corporate Update and Preview of Annual 2023 Results

Retrieved on: 
Monday, February 26, 2024

The Company has also provided a preview of its annual 2023 financial results along with details for the upcoming Q4 2023 results conference call.

Key Points: 
  • The Company has also provided a preview of its annual 2023 financial results along with details for the upcoming Q4 2023 results conference call.
  • Beginning with the fourth quarter and year ended December 31, 2023, AirBoss will report results under two reportable segments: (1) AirBoss Rubber Solutions (“ARS”), and (2) AirBoss Manufactured Products (“AMP”).
  • The new Manufactured Products segment will consist of AirBoss Engineered Products, formerly a standalone segment, and AirBoss Defense Group, formerly a standalone segment (other than the rubber compounding operations at Acton Vale, Quebec).
  • FOURTH QUARTER AND ANNUAL 2023 FINANCIAL RESULTS CONFERENCE CALL DETAILS:

Omnix Medical Granted Fast-Track Designation by U.S. FDA for its Next-Generation Anti-Infective OMN6

Retrieved on: 
Tuesday, February 20, 2024

JERUSALEM, Israel, February 20, 2023 -- Omnix Medical, a biopharmaceutical company developing next-generation anti-infectives for the treatment of life-threatening infections, today announced that the Company has received fast-track designation for its novel anti-infective OMN6 from the U.S. Food and Drug Administration (FDA). Fast track expedited review is designated to investigational drugs that treat a serious or life-threatening condition and fill an unmet medical need.

Key Points: 
  • Fast track expedited review is designated to investigational drugs that treat a serious or life-threatening condition and fill an unmet medical need.
  • OMN6 is Omnix Medical´s lead compound and a novel, first-in-class antimicrobial peptide (AMP) based on insect host defense peptides.
  • In November 2023, Omnix Medical had been granted an IND for a Phase II trial of OMN6 in patients with hospital-acquired bacterial pneumonia (HABP) or ventilator-associated bacterial pneumonia (VABP) caused by Acinetobacter baumannii complex (ABC).
  • "We are excited that the U.S. FDA has granted fast-track designation for our lead compound OMN6," said Dr. Moshik Cohen-Kutner, CEO of Omnix Medical.

Mortgage Connect Announces New President of Adfitech

Retrieved on: 
Tuesday, February 27, 2024

Mortgage Connect, a national mortgage services provider that acquired Adfitech, Inc. in 2022 to expand into the third-party due diligence market, announced that Kim Hoffman, CMB, AMP has been appointed the new President of Adfitech, which has been providing quality control and risk management services to the mortgage industry for 40 years.

Key Points: 
  • Mortgage Connect, a national mortgage services provider that acquired Adfitech, Inc. in 2022 to expand into the third-party due diligence market, announced that Kim Hoffman, CMB, AMP has been appointed the new President of Adfitech, which has been providing quality control and risk management services to the mortgage industry for 40 years.
  • View the full release here: https://www.businesswire.com/news/home/20240227168566/en/
    Adfitech President Kim Hoffman (Photo: Business Wire)
    Jeff Coury, CEO of Mortgage Connect, is excited about the direction of the company.
  • Her knowledge of the entire mortgage life cycle and deep experience with secondary market transactions form the perfect combination to elevate Adfitech to its next chapter of strategic growth,” Coury said.
  • Her extensive background encompasses all aspects of residential mortgage lending and servicing at premier institutions including RBC, Nationstar, Morgan Stanley, Sutherland Mortgage Services, and Envoy Mortgage.

Arcosa, Inc. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024

“Within Engineered Structures, Adjusted Segment EBITDA increased 13% in 2023, normalizing for the sale of the storage tanks business.

Key Points: 
  • “Within Engineered Structures, Adjusted Segment EBITDA increased 13% in 2023, normalizing for the sale of the storage tanks business.
  • Sequentially, margin for utility structures increased in the fourth quarter, and we continue to focus on improving profitability in 2024.
  • At the end of the fourth quarter, the combined backlog for utility, wind, and related structures was $1,367.5 million compared to $671.3 million at the end of the fourth quarter of 2022.
  • A conference call is scheduled for 8:30 a.m. Eastern Time on February 23, 2024 to discuss fourth quarter and full year 2023 results.

Cofense Annual Report Indicates 105% Increase in Malicious Emails Bypassing Secure Email Gateways

Retrieved on: 
Tuesday, February 20, 2024

In just two years, Cofense PDR identified over 1.5 million malicious emails bypassing their customers’ Secure Email Gateways (SEGs), signaling a 37% increase in threats compared to 2022, and a staggering 310% increase over 2021.

Key Points: 
  • In just two years, Cofense PDR identified over 1.5 million malicious emails bypassing their customers’ Secure Email Gateways (SEGs), signaling a 37% increase in threats compared to 2022, and a staggering 310% increase over 2021.
  • To put this in context, the report highlights that Cofense detected at least one malicious email bypassing their customers’ SEGs every 57 seconds.
  • The Cofense Annual Report points out that secure email gateways struggle to keep pace with sophisticated phishing campaigns and relying on 'good enough' email security is no longer an option for most enterprises.
  • Secure email gateways are struggling to keep pace with the rapidly evolving nature of phishing campaigns, evidenced by a concerning 104.5% increase in the number of malicious emails bypassing SEGs in 2024.

AMP Launches Mobile App and Customer Experience Platform for ZIPS, the Nation's Largest Privately Held Express Car Wash

Retrieved on: 
Tuesday, March 5, 2024

ATLANTA, March 5, 2024 /PRNewswire/ -- AMP Memberships proudly announces the official launch of its advanced car wash loyalty and membership platform at ZIPS Car Wash, the Nation's largest privately held car wash chain, operating more than 280 locations across 25 states.

Key Points: 
  • ATLANTA, March 5, 2024 /PRNewswire/ -- AMP Memberships proudly announces the official launch of its advanced car wash loyalty and membership platform at ZIPS Car Wash, the Nation's largest privately held car wash chain, operating more than 280 locations across 25 states.
  • Nation's largest privately held car wash chain, ZIPS, launches customer experience platform on AMP Memberships
    AMP's unique marketing and promotional capabilities allow the growing ZIPS chain the flexibility to run company-wide promotions or regional campaigns with a focus on surprising and delighting their members and loyal retail customers.
  • "We were very excited to partner with ZIPS, given their leadership and longevity in the car wash industry, brand reputation and commitment to technology," said AMP Co-Founder and CTO Adam Trien.
  • Just one of many AMP platform features we're excited to see ZIPS leverage as part of their marketing and growth strategy."

Commissioner of Canada Elections announces nine administrative monetary penalties for Canada Elections Act violations

Retrieved on: 
Tuesday, March 5, 2024

GATINEAU, QC, March 5, 2024 /CNW/ - The Commissioner of Canada Elections (CCE), Caroline J. Simard, announced today the publication of nine administrative monetary penalties (AMPs) to address violations under the Canada Elections Act (the Act).

Key Points: 
  • GATINEAU, QC, March 5, 2024 /CNW/ - The Commissioner of Canada Elections (CCE), Caroline J. Simard, announced today the publication of nine administrative monetary penalties (AMPs) to address violations under the Canada Elections Act (the Act).
  • AMPs are administrative tools of compliance that the Commissioner can use to address violations under the Act.
  • The Office of the Commissioner of Canada Elections is distinct from Elections Canada and the Commissioner carries out a different mandate.
  • Elections Canada administers the Act and federal elections while the Commissioner is responsible for ensuring compliance with, and enforcement of, the Act and the Referendum Act.