Radiant

Radiant Logic Finalizes Acquisition of Brainwave GRC

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星期二, 四月 18, 2023

Radiant Logic, the Identity Data Fabric company, today announces the successful acquisition of Brainwave GRC, a leader in identity analytics.

Key Points: 
  • Radiant Logic, the Identity Data Fabric company, today announces the successful acquisition of Brainwave GRC, a leader in identity analytics.
  • “We have co-exhibited at a few major conferences recently, and the interest from the market and from our customers has been very exciting,” says Joe Sander, Radiant Logic CEO.
  • Together, Radiant and Brainwave provide an Identity-First Security foundation to deliver enhanced data security, reduced audit and compliance costs, and improved understanding and visibility of malicious activity.
  • “We have been thrilled with the interest in Brainwave in the North American market,” said Cyril Gollain, CEO and co-founder of Brainwave GRC.

Boost VC Commits to Invest $1,000,000 at Deep Tech Demo Day

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星期二, 四月 4, 2023

SAN MATEO, Calif., April 4, 2023 /PRNewswire/ -- Boost VC announces that they are pre-committing to invest $1,000,000 of new capital at their Spring 2023 Deep Tech Demo Day. This investment highlights Boost VC's commitment to advancing Deep Tech (aerospace, energy, climate, robotics, crypto, bio, AI/ML, virtual and augmented reality, etc) and supporting founders dedicated to leveraging technology to solve the world's biggest problems.

Key Points: 
  • SAN MATEO, Calif., April 4, 2023 /PRNewswire/ -- Boost VC announces that they are pre-committing to invest $1,000,000 of new capital at their Spring 2023 Deep Tech Demo Day.
  • Deep Tech Demo Day will open on April 4th, 2023 and remain available thru April 11th, 2023.
  • The event will showcase 30+ Deep Tech startups, nominated by over 10 Deep Tech Venture Capital funds.
  • said Adam Draper, Managing Partner, Boost VC, "We are dedicated to cultivating the Deep Tech ecosystem for both founders and investors, and to prove it, we are committing $1,000,000 to the Demo Day."

Certus™-NX-RT FPGA Completes Radiation Qualification and Shipping Flight Grade Units

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星期三, 三月 29, 2023

This has enabled Frontgrade to provide next generation on-orbit radiation tolerant reconfigurable processing systems for future satellite constellations.

Key Points: 
  • This has enabled Frontgrade to provide next generation on-orbit radiation tolerant reconfigurable processing systems for future satellite constellations.
  • (Photo: Business Wire)
    “This is an exciting time for Frontgrade and we are pleased to announce that Frontgrade has officially completed radiation qualification and shipping flight grade parts for Certus™-NX-RT, that will be a perfect fit for target missions requiring high reliability, radiation assurance and performance,” said Mike Elias, President and CEO, Frontgrade.
  • Frontgrade’s fault-tolerant Gaisler-library (GRLIB) will complement Lattice’s Propel library and Radiant debug design to offer an easy, intuitive and versatile design experience.
  • The device is expected to complete radiation qualification by Q4 2023.

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2022, AND SECOND FISCAL QUARTER ENDED DECEMBER 31, 2022

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星期一, 三月 27, 2023

RENTON, Wash., March 27, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, announced today the filing of its quarterly reports on Form 10-Q for the quarters ended September 30, 2022 and December 31, 2022. With the filing of these two quarterly reports the Company is now current in its filings with the Securities and Exchange Commission ("SEC").

Key Points: 
  • Financial Highlights – Three Months Ended December 31, 2022
    Revenues decreased to $278.1 million for the second fiscal quarter ended December 31, 2022, down $57.7 million or 17.2%, compared to revenues of $335.8 million for the comparable prior year period.
  • Gross profit increased to $70.4 million for the second fiscal quarter ended December 31, 2022, up $2.6 million or 3.8%, compared to gross profit of $67.8 million for the comparable prior year period.
  • For the three months ended September 30, 2021, Radiant reported adjusted net income of $11.1 million, or $0.22 per basic and fully diluted share.
  • Second Fiscal Quarter Ended December 31, 2022 – Financial Results
    For the three months ended December 31, 2022, Radiant reported net income attributable to Radiant Logistics, Inc. of $4.8 million on $278.1 million of revenues, or $0.10 per basic and fully diluted share.

Radiant Logic Announces Industry-First Identity Data Intelligence Innovation to Improve Decision-Making

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星期二, 二月 28, 2023

Radiant Logic, the Identity Data Fabric company, today announces the launch of its radically redesigned Identity Data Platform, offering an identity-first approach to security and business decisions.

Key Points: 
  • Radiant Logic, the Identity Data Fabric company, today announces the launch of its radically redesigned Identity Data Platform, offering an identity-first approach to security and business decisions.
  • The next generation of Radiant solutions offer a re-imagined approach to identity data management, with advanced identity observability and visualization capabilities, all built on an extensible API layer and available as a SaaS offering.
  • These new innovations directly respond to the need for high-quality, real-time identity data to serve the enterprise.
  • “Access management policy is becoming more and more decentralized across the edge, applications and data, increasing the importance of identity data that powers these decision points.

Radiant Logic Signs Definitive Agreement to Acquire Brainwave GRC

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星期三, 二月 1, 2023

Radiant Logic , the Identity Data Fabric company, announced today that it has entered into a definitive agreement to acquire Brainwave GRC, a leader in Identity Governance and Analytics (IGA) headquartered in France.

Key Points: 
  • Radiant Logic , the Identity Data Fabric company, announced today that it has entered into a definitive agreement to acquire Brainwave GRC, a leader in Identity Governance and Analytics (IGA) headquartered in France.
  • Together, Radiant Logic and Brainwave GRC address a broad set of identity use cases, and the acquisition accelerates the companies’ shared vision of an Identity Data Fabric that uses the science of data to ensure the right information is in place to make the right policy decisions.
  • Brainwave GRC provides essential Access Governance reports that include access risks, accounts, attestations, and out-of-the-box reports for major compliance frameworks—a common requirement in highly regulated markets.
  • “The Brainwave platform will be a core component in driving RadiantOne’s new identity intelligence capabilities, realizing the vision of an Identity Data Fabric.”
    “The winning combination of Radiant Logic and Brainwave will provide unmatched capabilities for an identity-first approach to security,” says Sebastien Faivre, CTO and Brainwave co-founder.

RADIANT LOGISTICS ANNOUNCES SELECT PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR SECOND FISCAL QUARTER ENDED DECEMBER 31, 2022

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星期四, 二月 9, 2023

RENTON, Wash., Feb. 9, 2023 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading technology-enabled global transportation and logistics services company, today announced select preliminary unaudited financial results for the three months ended December 31, 2022, and that it will be filing a Form 12b-25 with the U.S. Securities and Exchange Commission, as the Company will be late in filing its Quarterly Report on Form 10-Q for the quarter ended December 31, 2022 (the "Form 10-Q"). The delay in the filing of the Company's Form 10-Q for the quarter ended December 31, 2022, is as a result of the previously disclosed delay of the Company's Annual Report on Form 10-K for the year ended June 30, 2022 and the Company's on-going efforts to complete the restatement of its fiscal 2021 audited financial statements, each of the interim quarterly financial statements filed on Form 10-Q during fiscal 2021, as well as each of the interim quarterly financial statements filed on Form 10-Q during its 2022 fiscal year (the "Restatement Periods"). The Company currently expects that it will bring all of its filings current within the near term.

Key Points: 
  • The financial results presented below are based on preliminary, internal, management prepared, and unaudited results of operations for the quarterly period ended December 31, 2022.
  • To keep its stockholders and the public informed on its current operations, the Company has determined to report on its preliminary, internal, management prepared, unaudited results for the Company's second fiscal quarter ended December 31, 2022 as follows:
    Financial Highlights – Three Months Ended December 31, 2022
    Revenues reported at $283.5 million for the second fiscal quarter ended December 31, 2022.
  • Adjusted gross profit, a non-GAAP financial measure, reported at $75.2 million for the second fiscal quarter ended December 31, 2022.
  • Adjusted EBITDA, a non-GAAP financial measure, reported at $17.8 million for the second fiscal quarter ended December 31, 2022.

Updated Building Efficiency System Tool™ (BEST 6.1) Now Available for Download

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星期二, 二月 7, 2023

ONTARIO, Calif., Feb. 7, 2023 /PRNewswire/ -- A significant upgrade to the Hydronic Industry Alliance-Commercial's (HIA-C) Building Efficiency System Tool™ (BEST), the interactive commercial building HVAC system efficiency comparison application, is now available for download at https://forms.iapmo.org/hiac/software_register.aspx .

Key Points: 
  • ONTARIO, Calif., Feb. 7, 2023 /PRNewswire/ -- A significant upgrade to the Hydronic Industry Alliance-Commercial's (HIA-C) Building Efficiency System Tool™ (BEST), the interactive commercial building HVAC system efficiency comparison application, is now available for download at https://forms.iapmo.org/hiac/software_register.aspx .
  • BEST 6.1 factors in this surge at peak heating and cooling temperatures and displays the maximum electrical demand each system would incur on a Demand Energy Efficiency Ratio (DEER) screen.
  • The update also enables the calculation of heat recovery or "netting" the energy in a building.
  • To learn more about the HIA-C and the Radiant Professionals Alliance, or to join this important efficiency advocacy effort, visit www.HIA-C.org and www.radiantpros.org .

WellBiz Brands Inc. Drives Continued Growth and Innovation in 2022

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星期三, 二月 1, 2023

DENVER, Feb. 1, 2023 /PRNewswire/ -- WellBiz Brands Inc. (WBB), the pre-eminent beauty and wellness platform, shared 2022 results from the record-breaking year the company experienced. With nearly $600 million in systemwide sales, awarding nearly 150 franchise licenses and opening locations in 20 new markets, 2022 marked a year of tremendous growth for the company. The WellBiz Brands portfolio features category leaders including Drybar®, Amazing Lash Studio®, Radiant Waxing™, Elements Massage® and Fitness Together®.   

Key Points: 
  • The WellBiz Brands portfolio features category leaders including Drybar®, Amazing Lash Studio®, Radiant Waxing™, Elements Massage® and Fitness Together®.
  • WellBiz Brands Inc. had a record 2022 with nearly $600M in systemwide sales and awarding nearly 150 franchise licenses.
  • "2022 was another incredible year for WellBiz Brands as we continue to provide unparalleled self-care experiences across the beauty and wellness industries.
  • At WellBiz Brands, our mission is to provide personalized services for guests, allowing them to unwind, unplug and recharge," said Jeremy Morgan, WellBiz Brands' CEO.

Francis Medical Appoints Andrew Cleeland to Board of Directors

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星期四, 一月 26, 2023

MINNEAPOLIS, Jan. 26, 2023 /PRNewswire/ -- Francis Medical, Inc., a privately-held medical device company developing an innovative and proprietary water vapor ablation therapy for the treatment of prostate, kidney, and bladder cancer, today announced the appointment of Andrew Cleeland to the Francis Medical board of directors.

Key Points: 
  • MINNEAPOLIS, Jan. 26, 2023 /PRNewswire/ -- Francis Medical, Inc., a privately-held medical device company developing an innovative and proprietary water vapor ablation therapy for the treatment of prostate, kidney, and bladder cancer, today announced the appointment of Andrew Cleeland to the Francis Medical board of directors.
  • "We are thrilled to welcome Andrew Cleeland to the board," said André de Bruin, Francis Medical board chair.
  • Cleeland has also served in leadership roles at Radiant, Baxter, and Telectronics Pacing Systems, and has held board director or chairperson positions for numerous companies, including Zenflow, Medical Microinstruments, Saluda Medical, Medical Device Innovation Consortium, The Foundry, and nVision Medical.
  • "Andrew will be a welcome addition to an already deeply experienced and talented board," said Michael Kujak, president and CEO of Francis Medical.