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News Release

Proven Leadership Team With A History Of Unlocking Shareholder Value Could Drive Railtown AI Higher

Railtown AI

Back in July, CrowdStrike released a configuration update for their Falcon sensor, which inadvertently caused a system crash on Windows systems across the world. This issue was triggered by a logic error in the update that affected systems running Falcon Sensor for Windows, which resulted in downloading the faulty configuration during a specific timeframe. The fallout was immediate and widespread, impacting banks, airlines, and various other critical sectors globally. Systems crashed, operations halted, and organizations were left scrambling to restore functionality. This disruption also opened the door for cybercriminals to exploit the situation, as they began distributing phishing emails and malicious files masquerading as solutions to the issue. In what’s been described as the largest IT outage in history that cost Fortune 500 companies alone more than $5 billion in direct losses, according to one insurer’s analysis of the incident, one under-the-radar company seems well positioned to prevent the possibility of such events in the future, thus attracting significant investor interest. Railtown AI Technologies (CSE:RAIL) (OTCQB:RLAIF) is a promising player in the AI sector, offering innovative solutions that streamline software development. As a Microsoft Partner, Railtown AI has developed a cloud-based Application General Intelligence (AGI) platform designed to support software developers and Agile teams. The company’s main objective is to leverage artificial intelligence to catch errors before they reach production, and here’s how it could have mitigated the issues faced by CrowdStrike: Automated Code Analysis: Railtown AI employs advanced machine learning algorithms to perform continuous and automated analysis of code. This enables the company to detect anomalies and potential errors that might be missed during manual reviews through alerts. Predictive Insights: The AI-driven platform not only identifies existing errors but also predicts areas of code that are more likely to contain future issues. This predictive capability helps developers focus their attention where it’s needed most. Integration with Development Tools: Railtown AI seamlessly integrates with popular development environments and CI/CD pipelines, ensuring that error detection is an integral part of the development process, not an afterthought. Enhanced Security: By identifying and addressing vulnerabilities early, Railtown AI enhances the security posture of software, reducing the risk of exploitation and ensuring user trust and safety. In addition to that, Railtown also helps assist developers to save time on repetitive tasks, improve productivity, reduce costs, and accelerate developer velocity. This platform is readily accessible via Microsoft's Azure Marketplace, making it easily available to a broad range of businesses. Although there’s been a lot of hype surrounding how AI companies could disrupt the future of coding and programming, investors need to be aware that not all AI companies will turn out to be the next unicorn. Picking out a winner in the sector is particularly challenging due to the rapid pace of advancement as well as the increasing complexity of the capabilities of these systems, making it hard for non-tech people to comprehend. However, one strategy that has worked for savvy investors across different sectors of the market has been looking at the founders or leadership track record in creating shareholder value. A closer look at Railtown reveals that it has a proven leadership team with a history of driving growth for shareholders, which should bode well for the company’s stock. For starters, Railtown co-founder and CTO Marwan Haddad has over 25 years of software development experience in addition to 10 years of experience leading and building high-performance engineering and product development teams. He was the Chief Technology Officer and Vice President of Engineering for RESAAS, a global award-winning proptech cloud platform. He has also led the development efforts/teams and launched several platforms for Fortune 500 companies, including Microsoft and Starbucks. CEO Cory Brandolini has over 30 years of experience as a founder, partner, angel investor, financier, and advisor to disruptive, high-growth software companies within the technology industry. His wealth of capital markets experience includes helping raise well over $150 million for private and public technology companies. Cory Brandolini has over 30 years of experience as a founder, partner, angel investor, financier, and advisor to disruptive, high-growth software companies within the technology industry. His wealth of Capital Markets experience includes helping raise well over $150 million for private and public technology companies. Co-founder Dr. Elliot Holtham has a wide range of experience in natural sciences, engineering, and technology. While he has a passion for developing innovative technology, his strong work ethic and competitive drive have also enabled him to advise and lead groups to success. Previously, he was co-founder, CEO, and COO of Xtract AI, a machine learning company that was later acquired by Patriot One Technologies (TSX:XTRA) for about $6 million. Last but not least is Kevin O'Neil, who has over 35 years of experience in technology investing, advisory, and leadership. He was formerly the CEO of Xtract AI and also an investment banker at Merrill Lynch. More importantly, Railtown AI's proprietary platform is entirely owned and developed in-house, ensuring that the company has complete control over its technology. The platform offers dual deployment options, catering to organizations with different needs by offering both cloud-based and on-premise solutions. This flexibility, combined with the platform's ability to process data quickly and learn over time, allows businesses to make real-time decisions and continuously improve their software development processes. Additionally, Railtown AI's focus on compliance with industry standards such as SOC 2, GDPR, and ISO 27001 is a significant advantage, as these compliance achievements build customer trust by ensuring that the platform handles data responsibly and securely. Railtown AI has achieved several milestones, reaffirming that its business model has been validated by the market. These include the company’s recently announced debt-free status and strengthening of its capital base through private placements. Clearly, those achievements, combined with strategic partnerships with leading institutions like the Mila Quebec AI Institute and Amii Alberta Machine Learning Institute, set the stage for future growth. Going forward, we believe that Railtown AI is poised to capitalize on its strong leadership team to unlock shareholder value as the company positions itself to rapidly scale user acquisition and commercialize new features on the platform. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 mark@razorpitch.com Company Website http://razorpitch.com

September 05, 2024 06:00 AM Eastern Daylight Time

News Release

How Iveda Solutions (NASDAQ: IVDA) is Redefining Industry Norms with Advanced AI Applications

IVDA

The artificial intelligence (AI) sector is experiencing unprecedented growth, driven by advancements that are transforming various industries. The global AI market is projected to reach $826 billion by 2030, propelled by a compound annual growth rate of 28.46% from 2024 to 2030. This rapid expansion reflects a broader technological shift, with companies increasingly integrating AI to enhance performance and uncover new opportunities. Amid this dynamic landscape, Iveda Solutions, Inc. (NASDAQ: IVDA) is making notable strides. Iveda Solutions is carving a prominent niche in the realm of cloud-based AI and video surveillance technologies. The company's innovative approach integrates smart devices with AI to offer transformative solutions across public safety, environmental preservation, elderly care, and energy efficiency. Let’s take a closer look at the company. Recent Developments and Innovations One of Iveda Solutions, Inc.'s latest advancements is the vumastAR AI software, a cutting-edge tool designed to detect oil spills. This new initiative targets major oil companies in Australia and the US, addressing a critical need in the oil and gas industry. VumastAR, pronounced "view master," is an AI vision software that interfaces with a variety of smart devices, such as IP cameras and AR glasses, to provide real-time insights and automated alerts. This system is poised to revolutionize the $175.79 billion oil spill management market by reducing the labor-intensive and costly process of manual spill detection. David Ly, CEO and Founder of IVDA, highlighted the significance of this technology: “We’ve seen a significant increase in interest from the oil and gas industry for AI solutions that can enhance safety and environmental protections. Our focus remains on delivering cutting-edge technology that aligns with ESG principles, ensuring that our solutions not only meet industry needs but also contribute to broader sustainability goals.” In addition to vumastAR, the company has filed a patent for its LevelNOW IoT sensor, a sophisticated liquid storage management solution. LevelNOW provides real-time monitoring of liquid storage, addressing issues like leaks, evaporation, and theft. This innovative sensor has already proven its worth in optimizing operations for major oil companies in Australia. “This innovation comes from being in the field with our customers and truly listening to their needs and desires,” said Ly. “By enhancing our LevelNOW solution through this new patent, Iveda is underscoring its commitment to industry-specific innovation that simplifies everyday workflows.” Iveda’s dedication to industry-specific solutions is further exemplified by its integration of IvedaCare and IvedaAI at Waymark Gardens, a senior living facility in Glendale, AZ. This integration marks a significant step in enhancing remote patient monitoring. IvedaCare utilizes camera-less sensors for private monitoring, while IvedaAI provides real-time video analysis in public areas. This combination supports IVDA’s subcontract under a substantial $1.032 billion Veterans Affairs contract, demonstrating the company’s capability to deliver tailored AI solutions in healthcare. Ly commented on this development: “Facilities using IvedaCare for remote patient monitoring are now discovering the enhanced capabilities of IvedaAI. Waymark Gardens’ adoption of IvedaAI is a showcase and testament to the growing value of these solutions.” Financial Performance and Market Outlook Iveda Solutions, Inc.'s financial performance in the second quarter of 2024 shows a decline in revenue by 36% year-over-year, amounting to $1.53 million. However, the company managed to beat earnings per share (EPS) expectations, with a loss of $0.03 per share, which was an improvement from $0.048 per share in the same quarter last year. Looking ahead, Iveda Solutions (NASDAQ: IVDA) forecasts a robust average annual revenue growth of 122% over the next two years, significantly surpassing the 12% growth anticipated for the broader software industry. Strategic Position and Future Prospects IVDA’s strategic initiatives, including its advancements in AI applications for diverse industries, position it as a company with considerable growth potential. Its recent launch of the IvedaAI Forensics Desk, which provides law enforcement in the Philippines with advanced video intelligence tools, further highlights the company's expansive reach and innovative spirit. As Timmy Evangelista, Chief Technology Officer of Iveda Solutions, Inc. (NASDAQ: IVDA) Philippines, noted, “The IvedaAI Forensics Desk is uniquely valuable for law enforcement and security officials operating in high-traffic, tourist locations.” In summary, Iveda Solutions, Inc. (NASDAQ: IVDA) continues to make significant strides in cloud-based AI and video surveillance, with promising innovations and strategic expansions across various sectors. As the company pushes the boundaries of technology and addresses critical industry needs, it could be a key player in the evolving landscape of digital transformation. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Cambridge Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 Mark@razorpitch.com

September 05, 2024 06:00 AM Eastern Daylight Time

Saison Technology Launches HULFT Managed Integration Service Availability in AWS Marketplace

Saison Technology International

Saison Technology International announced today that its HULFT Managed Integration Service (HMIS) is now available in AWS Marketplace ( see listing ), a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). HMIS is a fully hosted and managed data integration solution. It provides instant connectivity between employees and the data sources they need to be more productive. In many cases, Saison Technology customers do not have the staff or the budget to manage all their integration projects. Still, they have urgent needs such as improving a business process or boosting topline revenue. For a flat monthly fee, Saison Technology’s professional services team will design, deploy, and manage your data integration needs on a single modern platform with complete enterprise security. AWS customers will now have access to HMIS, built on the cloud-based HULFT Integration Platform, directly within AWS Marketplace. The HMIS platform provides AWS customers with the ability to solve even the most complex integration challenges without sacrificing ease of use, speed, or agility. Key benefits of the service include: Total customer control and visibility. Even though HMIS is outsourced, Saison Technology provides full visibility via the Global Administrator Console used by business and IT professionals. A foundation to reduce complexity and spur innovation. HMIS provides a path to solve your integration needs today, and we provide the infrastructure that integrates seamlessly with other enterprise systems. No matter what data source and no matter how old it is, our framework makes future projects more doable and more efficient. Simple and predictable billing. Saison Technology provides complete transparency with a mutually agreed-upon monthly price and initial setup fees. “We are extremely excited about the progression of our relationship with AWS,” said Masa Maruyama, CEO of Saison Technology International. “Our company’s goal is to automate data movement and data integration for our customers, no matter what the resources or staff they have. We believe having HMIS in AWS Marketplace allows us to reach more of AWS’s customers and offer a frictionless experience for managed data integration services.” Use Cases Saison Technology customers typically have data located in the most modern SaaS applications and databases that are over 10 years old. The HULFT Managed Integration Service can connect to a wide variety of data stores and data providers whether local, on premises, or in the cloud. Data sources range from text files to Excel spreadsheets, databases, message queues, email servers, FTP servers, web services, ERP, CRM, cloud stores, applications and big data lakes as well as visualizing the data. A Trusted Team With more than three decades of helping global companies solve the most complex data integration challenges, the HULFT Professional Services team leverages its best practices through engagements with line-of-business professionals and technical staff. They locate key data sources and transform them into a format that can be consumed by the applications customers choose. About Saison Technology Saison Technology (TYO: 9640) has helped more than 10,000 global enterprises move critical information, streamline data flows, and automate processes to instantly put knowledge where it is needed. Knowledge empowers people, inspires strategy, and transforms businesses and markets. In the right hands, in the right place, it is much more than a set of facts. Knowledge is a force that can inspire innovation, drive profits, and affect positive change. For more information, please visit https://saison-technology-intl.com. Contact Details Kurt Foeller +1 415-588-6390 kfoeller@saison-technology-intl.com Company Website https://saison-technology-intl.com

September 04, 2024 07:02 AM Pacific Daylight Time

Broadband Leaders Publish Permitting Success Strategies for ISPs and Local Governments

Benton Institute for Broadband & Society

Today, a group of leading broadband organizations published a strategic paper titled “ Permitting Success: Closing the Digital Divide Through Local Broadband Permitting. ” The paper will help local governments and Internet Service Providers (ISPs) navigate broadband network construction challenges and maximize investments in broadband connectivity for all Americans. The Benton Institute for Broadband & Society, in partnership with the Georgetown Law Institute for Technology Law & Policy, the American Association for Public Broadband, Fiber Broadband Association, Brightspeed, and GFiber, wrote the Permitting Success paper. The paper publishes at a critical moment when broadband infrastructure funding is at an all-time high due to the Broadband Equity, Access, and Deployment (BEAD) program—the single largest broadband program in U.S. history. This historic level of funding creates an opportunity to bring high-speed internet access to every community in America and close the digital divide. Historic levels of funding will accelerate broadband network construction, putting enormous pressure on local governments responsible for permitting infrastructure construction within municipal boundaries. These processes take time and resources, and not every government is equipped for the coming wave of construction. This is especially true in rural areas, where municipal resources are lowest and BEAD activity will be highest. Effective and efficient permitting processes are critical for ISPs and local governments to successfully deploy broadband networks that will give every American community modern connectivity. The Permitting Success paper includes case studies; strategic checklists for ISPs, local governments, and state and federal agencies; and outlines three main categories for permitting success: Fostering partnerships between the permit seeker and the permitting authority Maximizing resources available to the permitting authority Ensuring transparency and consistency in the permitting process The paper’s findings were identified during a collaborative national summit on local permitting processes convened by Georgetown Law Institute for Technology Law & Policy, which was attended by more than 30 permitting leaders representing local, state, and federal governments; ISPs; civil society organizations; philanthropies; and other key stakeholders. The paper will be explored during an episode of FBA’s Fiber for Breakfast on September 25, at 10:00am EDT. Register here to watch the episode live. Supporting Quotes: Drew Garner, Director of Policy Engagement, Benton Institute for Broadband & Society: “Broadband is fundamental to modern life. Yet, for millions of Americans, broadband is unavailable. To correct this, the U.S. has launched a historic effort to bring broadband to every household in the country. But such extensive broadband construction will require extensive construction permitting, and construction permitting often happens at the local level. Thus, the historic effort to close the digital divide will ultimately flow through the permitting offices of our local governments. This paper is intended to help those offices and their applicants operate at maximum efficiency.” Natalie Roisman, Executive Director, Georgetown Law Institute for Technology Law & Policy: “The Georgetown Law Institute for Technology Law & Policy seeks to be a convener for conversations that are necessary, challenging, and will move the needle on urgent technology policy issues. We were pleased to host the permitting summit that sought input from a wide range of expert private and public sector perspectives, culminating in this thoughtful paper, and hope this process will get us closer to the critical goal of broadband for every American." Gigi Sohn, American Association for Public Broadband Executive Director: “The permitting paper being released today was made possible by a unique collaboration among representatives from across the broadband ecosystem—local, state and federal government officials, civil society, philanthropy and diverse segments of the industry. While there was not always unanimity on every finding, there was complete agreement that everyone benefits when all US households are connected to robust, affordable high-speed broadband. The result is a common sense guide that seeks to ensure that everyone in that ecosystem contributes to a successful local permitting process.” Fiber Broadband Association President and CEO Gary Bolton: “There is tremendous opportunity ahead to connect every American to reliable, high-speed broadband and to the economic benefits that come with high-quality connectivity. But every player across the broadband ecosystem needs to develop their best strategy to ensure network construction is safe and efficient and broadband deployment is effective and successful. The Fiber Broadband Association offers a growing library of research and resources to help the industry develop successful strategies for fiber broadband deployment, and we believe this paper is a valuable addition that will help ensure these networks are built right the first time.” Brightspeed: Tom Dailey, senior vice president, Public Policy, Government Affairs and Regulatory, Brightspeed “Brightspeed is actively building our state-of-the-art fiber network across 17 states mostly in rural and suburban communities, and positive and timely engagement with permitting authorities is critical. This is especially true when permitting requirements vary from state to state and jurisdiction to jurisdiction. By creating more streamlined, consistent and transparent permitting processes, we can ultimately reach more homes and businesses more efficiently. We very much appreciate the opportunity to engage with the many permissions and policy professionals who contributed their time, energy and most of all their expertise to developing this paper, which will facilitate the successful deployment of broadband networks across the nation.” GFiber: Darrel Hegar, Head of Market Operations, GFiber “Everyone deserves access to high-quality broadband internet. Communities and providers must work together to speed up network construction and service delivery. The policies and procedures laid out in this paper provide a clear roadmap for how we can make real, tangible progress to bringing the promise of next-generation internet to reality for all Americans.” ### Press Contacts: Benton Institute for Broadband & Society: Drew Garner, dgarner@benton.org Georgetown Law Institute for Technology Law & Policy: Samantha Simonsen, sas497@georgetown.edu American Association for Public Broadband: Aaron Alberico, alberico@raynoravenue.com Brightspeed: Gene Rodriguez Miller, pr@brightspeed.com Fiber Broadband Association: Autumn Minnich, FBA@connect2comm.com GFiber: gfiber-pr@google.com About the Benton Institute for Broadband & Society The Benton Institute for Broadband & Society’s primary mission is to bring open, affordable, high-capacity and competitive broadband to all people in the U.S. to ensure a thriving democracy. For over 40 years Benton has provided information and analysis about communications policy, including universal service. In recent years, Benton’s activities strengthened local, state, and national leadership by providing the timely information, rigorous evidence, practical guidance, and advocacy support needed to articulate and implement a broadband for all agenda. Benton has long advocated for universal, affordable telecommunications access for everyone living in the United States. About Georgetown Law Institute for Technology Law & Policy The Institute for Technology Law and Policy is a hub at the Georgetown University Law Center for policymakers, academics, advocates, and technologists to study and discuss the most pressing issues in technology law and policy. With the leading academic program for law and technology in the U.S., the Tech Institute supports faculty research initiatives and trains the next generation of tech lawyers and policymakers through an unmatched combination of up-to-the-minute curriculum, world-class faculty, and impactful experiential and career development opportunities. In addition, the Tech Institute convenes public and private discussions on urgent and cutting-edge policy issues, conducts workshops for government staff, and works to identify and create opportunities for technology to improve access to justice. About the American Association for Public Broadband The American Association for Public Broadband proudly represents community-owned broadband networks and co-ops that are fueling the nation's economic future through reliable high-speed internet access. With more than 650+ networks across 33 states, public––or municipal broadband––is answering America's call for reliable, affordable, and accessible internet for all. Learn more at aapb.us. About the Fiber Broadband Association The Fiber Broadband Association is the largest and only trade association that represents the complete fiber ecosystem of service providers, manufacturers, industry experts, and deployment specialists dedicated to the advancement of fiber broadband deployment and the pursuit of a world where communications are limitless, advancing quality of life and digital equity anywhere and everywhere. The Fiber Broadband Association helps providers, communities, and policymakers make informed decisions about how, where, and why to build better fiber broadband networks. Since 2001, these companies, organizations, and members have worked with communities and consumers in mind to build the critical infrastructure that provides the economic and societal benefits that only fiber can deliver. The Fiber Broadband Association is part of the Fibre Council Global Alliance, which is a platform of six global FTTH Councils in North America, LATAM, Europe, MEA, APAC, and South Africa. Learn more at fiberbroadband.org or subscribe to FBA’s Fiber Forward Weekly newsletter here. About Brightspeed Headquartered in Charlotte, N.C., and with assets and associated operations in 20 states, Brightspeed provides broadband and telecommunications services through a network platform capable of serving more than 6.5 million homes and businesses. Our 4,000 employees are committed to building a future where more communities benefit from a more connected life, deploying a state-of-the-art fiber network and a customer experience that makes being connected as simple as it should be. For more information, please visit brightspeed.com. About GFiber GFiber delivers fast, reliable, fairly-priced and open fiber internet service, prioritizing customer service and speed. GFiber started in 2010 as a Google-driven experiment to catalyze the gigabit internet ecosystem, and has since pioneered the gigabit and multigig internet future. For more than a decade, GFiber has maintained its $70/1 Gig base internet plan without any rate increases, and remains committed to bringing the best internet experience to customers in nearly 20 states with plans to further expand. GFiber was awarded PC Mag Readers’ Choice Awards for Best Overall and Fiber ISP in 2024, Best Fiber Internet Provider by Forbes in 2024 and Best Fiber Provider for Gig Internet by CNET in 2024, in addition to top recognitions from J.D. Power, HighSpeedInternet.com and many more. You can find more information, check availability in your area and compare plans at fiber.google.com. Contact Details Benton Institute for Broadband & Society Drew Garner dgarner@benton.org Company Website https://www.benton.org/

September 04, 2024 09:00 AM Eastern Daylight Time

What If Your Most Profitable Strategy Also Made the World a Better Place?

Fordham Gabelli

As the world grapples with complex challenges such as climate change, poverty, and human rights issues, organizations are uniquely positioned to drive positive change. A new study titled “Social Profit Orientation: Lessons from Organizations Committed to Building a Better World,” recently published in the Journal of Marketing, explores how companies can simultaneously generate profit and foster societal well-being. The research, conducted by a team of esteemed academics, including Leonard L. Berry (Texas A&M), Tracey S. Danaher (Monash University), Timothy Keiningham (St. John's University), Lerzan Aksoy (Fordham University), and Tor W. Andreassen (Norwegian School of Economics), examines the benefits of adopting a social profit orientation to benefit both the organization and society. This approach encourages organizations to invest resources purposefully to enhance the common good. The study, based on 62 in-depth executive interviews across 21 organizations worldwide, reveals the significant benefits of embracing a social profit orientation. These organizations develop new approaches and strategies that address critical problems, thereby driving business innovation and improving societal outcomes. What is Social Profit Orientation? Social Profit Orientation is an organization-wide perspective where organizations embrace in their core mission the creation of sustainable, positive social and environmental impacts on individuals, communities, and society at large. Organizations with this orientation proactively invest resources such as knowledge, infrastructure, labor, reputation, money, and time to enhance the common good, especially improving the well-being of people and safeguarding the health of the planet. It reflects a deliberate, conscious effort to address systemic social or environmental challenges, rather than being merely a by-product of making financial profits. Examples from the Study Oportun tackles financial exclusion by providing affordable credit to underserved communities, offering an alternative to payday lenders. With significant investments in technology, Oportun has successfully issued millions of loans, enabling its customers to avoid exorbitant interest rates and fees. CEO Raul Vazquez highlights their challenge: “50% of customers who come to us have no FICO [credit] score, and other folks we serve may have a score based on limited history.” Despite these obstacles, Oportun has managed to provide more than $18.2 billion in credit by year-end 2023, saving its customers $2.4 billion in interest and fees. Gundersen Health System (renamed Emplify Health) exemplifies how a holistic approach to sustainability can be woven into the fabric of an organization. Under the leadership of Dr. Jeff Thompson, Gundersen became the first U.S. health system to offset 100% of its fossil-fuel use with self-produced energy. Their initiatives include harnessing solar and wind power and transforming landfill biogas into electricity and heat. Dr. Thompson remarks, “We are not just a ‘fix-it’ shop. Our mindset was: how do we protect the environment so it is a part of how we work, how we live, and how we work with our communities.” By adopting a social profit orientation, organizations not only drive meaningful societal impact but also experience enhanced legitimacy, stronger stakeholder relationships, improved employee engagement, and increased innovation. These benefits contribute to long-term business success and sustainability. Best Practices for Building a Social Profit Orientation Align employee and organizational values to create a unified mission. Ensure organizational resources and governance structures maximize societal benefits. Inspire executive and board leadership to deeply commit to social profit goals. Make informed investment decisions that focus on initiatives with the greatest social impact. Measure and evaluate social impact rigorously to ensure meaningful contributions. Foster external partnerships and communicate purpose through compelling storytelling. “Organizations today are at a crossroads where they can choose to be mere profit-generating entities or become catalysts for global change. Our study shows that the most profitable strategy might also be the one that makes the world a better place. By embracing a social profit orientation, organizations can lead their sectors, drive innovation, and make significant societal impacts,” said Lerzan Aksoy, Dean at Fordham University’s Gabelli School of Business. To attain a full copy of the research and download the associated teaching guides click here. To interview any of the authors of the paper, please reach out to the press contacts above. About Fordham University’s Gabelli School of Business Founded in 1920, the mission of Fordham University’s Gabelli School of Business is to inspire and empower positive global change, developing students into compassionate business leaders and supporting faculty members and students in the ongoing generation of new knowledge. The Gabelli School has become a driver of social innovation by equipping graduates to be business leaders who understand and meet the need for sustainability in business and who are able to harness the power of social responsibility for both financial success and societal impact. Through its many graduate and undergraduate degree programs and a diverse range of faculty research initiatives, the Gabelli School of Business works collectively to redesign business as a sustainable force for prosperity. Contact Details Fordham Gabelli School of Business Paola Curcio-Kleinman +1 212-636-6311 pcurciokleinman@fordham.edu Marino Taryn Schofield +1 973-919-4377 fordhamgabelli@marinopr.com Company Website https://www.fordham.edu/gabelli-school-of-business/

September 04, 2024 09:00 AM Eastern Daylight Time

TiiCKER Whitepaper Findings: Shareholder Perks Can Increase Confidence In Management, Promote Longer-Term Holding, Attract New Investors And Offer Many More Benefits

Benzinga

By James Blacker, Benzinga As companies seek fresh strategies to improve investor relations, fintech firm TiiCKER brings a new way to drive long-term value with its innovative shareholder perk platform. Offering companies tailored perk and loyalty programs, TiiCKER’s platform promises to be a powerful tool to foster deeper connections between companies and their investors. A recent survey carried out on behalf of TiiCKER reveals the untapped potential of shareholder perks and how they can deepen brand loyalty and encourage proxy voting. The Power Of Shareholder Perks The age of apps and e-commerce has made loyalty programs a staple in the retail space, driving customer engagement and boosting sales. Recognizing that investors are also consumers, TiiCKER has taken this concept and applied it to the stock market. The study, conducted by market research firm The Harris Poll, surveyed 2,073 adults and more than 950 individual investors. It found that 78% of retail investors are more likely to buy stock in a company that offers shareholder perks than a company that doesn’t. However, not many investors are even aware of such loyalty programs, with only 35% saying they knew of any publicly traded companies offering perks or product discounts to their shareholders. Another of the study’s key findings is that shareholder perks do much more than just attract new investors – they also encourage long-term investment. Of the investors surveyed, 4 in 10 said they would hold shares longer if they qualified for any shareholder perk. Furthermore, nearly half of respondents said they would hold shares longer if perks improved based on how long they have been shareholders. This can help companies in multiple ways – research carried out by FCLT Global found that companies with a significant long-term shareholder base tend to see positive outcomes, such as higher returns on invested capital and greater allocation toward value-creating investments like R&D. Proxy Voting Participation: A Key Metric Of Engagement In addition to attracting long-term investors, shareholder perks can also play a big role in increasing proxy voting participation. In TiiCKER’s survey, 76% of investors said they would be more likely to vote their proxy if they received shareholder perks or product discounts. This is a win-win situation, as increased participation benefits companies and helps them capture information more efficiently while giving investors a say in company decisions. A significant 73% of respondents further said that receiving a shareholder perk would make them more confident in the company’s management team. Unlocking New Avenues For Investor Engagement The study findings come at a time when retail investor participation in the market has been seeing growth. Despite economic uncertainties, consumer confidence seems relatively strong, and many individuals continue to look to the stock market to reach their financial goals. TiiCKER’s survey reveals that nearly half of adults in the United States own shares in a publicly traded company, with a significant portion of these investors actively seeking new stocks to purchase. Even more interesting is that non-investors could be drawn to invest in companies that offer perks. The research indicates that half of non-investors would be likely to buy stock if it was a brand they love or if they received a shareholder perk. TiiCKER is redefining what it means to be a shareholder and helping transform the relationship between investors and the companies they invest in through tangible perks and exclusive rewards. The company’s approach to shareholder loyalty is not just limited to Fortune 500 consumer brands. Whether it's engaging B2B or B2C audiences, TiiCKER can tailor programs for companies of all sizes – from massive household names to microcap entities like Kolibri Global Energy, Inc (NASDAQ: KGEI). These programs are designed to strengthen the bond between the company and its investors, regardless of industry size or focus, ultimately driving both brand loyalty and shareholder value. To learn more about how TiiCKER can design a dynamic shareholder perks and loyalty program for your company, visit TiiCKER's partner page. Featured photo courtesy of TiiCKER. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 04, 2024 08:50 AM Eastern Daylight Time

Image

PathAI Collaborates with GoldPath to Elevate Digital Pathology Capabilities with AISight Image Management System

PathAI

PathAI, a global leader in digital pathology, announced today that GoldPath, an independent pathology service provider based in Duarte, California, has adopted the AISight Ⓡ1 Image Management System (IMS). In a competitive and evolving pathology landscape, where the demand for accurate and timely diagnostics is ever-increasing, the integration of digital pathology is becoming a critical differentiator for independent laboratories. GoldPath selected AISight after an extensive evaluation of various image management systems, recognizing it as the optimal solution to streamline workflows, enhance case management, and support a broad range of use cases. Through adopting AISight, GoldPath aims to reduce turnaround times for referring physicians and deliver cutting-edge pathology services. "As we continue to see a growing need for high-quality pathology services, integrating digital pathology is essential to maintaining our competitive edge and ensuring the best patient outcomes. AISight stood out for its robust capabilities, offering the versatility we need to manage our caseload effectively and improve efficiencies throughout our processes," said Gerardo De La O, CEO and Co-Founder of GoldPath. "The selection of PathAI's AISight Image Management System by a forward-thinking independent laboratory like GoldPath highlights the significant impact our technology can have on pathology operations. Their adoption of AISight demonstrates how our solution can enhance laboratory efficiency in the rapidly evolving field of digital pathology," said Andy Beck, MD, PhD, co-founder and CEO of PathAI. "We are excited to support GoldPath as they set new standards for pathology services." AISight, a cloud-native enterprise workflow solution, is central to PathAI's mission of revolutionizing the digital pathology ecosystem. Trusted by pathologists worldwide, AISight offers a comprehensive platform for case management, workload balancing, and image management, providing GoldPath with tools to address a wide array of histopathology use cases with exceptional versatility and efficiency. About PathAI PathAI is a leading provider of integrated AI and digital pathology solutions dedicated to transforming diagnostic accuracy and operational efficiency in pathology labs worldwide. Through innovative technologies and strategic partnerships, PathAI aims to enhance patient outcomes and drive the future of medical diagnostics. For more information, please visit www.pathai.com. About GoldPath GoldPath is an independent, fully accredited pathology laboratory in “the City of Health” Duarte, California, dedicated to providing exceptional patient care, cutting-edge technology, and outstanding customer service. With a highly trained team of medical professionals and client relations specialists, GoldPath offers fast, accurate, and personalized laboratory services and a full range of ancillary support and practice management solutions. Footnote 1:AISight is for research use only. Not for use in diagnostic procedures. Contact Details SVM Public Relations and Marketing Communications +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

September 03, 2024 10:00 AM Eastern Daylight Time

NAVEX Announces 2024 Excellence Awards Finalists

NAVEX Global

NAVEX, a leading provider of integrated risk and compliance management software, announces today the 2024 NAVEX Excellence Awards finalists. Now in its fourth year, the awards celebrate organizations that demonstrate exceptional commitment to corporate governance, risk mitigation, and ethical practices. Each year, the NAVEX Excellence Awards highlight how robust governance, risk and compliance (GRC) programs can strengthen corporate culture and meaningfully impact business outcomes that matter. The 2024 finalists exemplify how effective GRC initiatives can proactively manage and mitigate risks when woven into the organizational fabric. "Congratulations to this year’s nominees and finalists for their outstanding achievements," said NAVEX Chief Customer Officer, Steve Chapman. "We are proud to partner with customers who are dedicated to advancing their GRC efforts. These awards shine a spotlight on some of the most innovative and effective programs in the industry, and we applaud the compliance teams at these companies for their ongoing efforts to build highly ethical, risk-aware organizations." The winners will be honored in several categories, including Ethics & Compliance, Risk Management, and Risk and Compliance Program of the Year. Selected from a highly competitive pool of nominations, this year’s finalists include: As in previous years, the judging panel brings together a mix of NAVEX leaders and seasoned GRC professionals. This year’s esteemed panel features: Barbara Boehler, Senior Director, Program on Corporate Compliance and Ethics, Fordham Law Bill Cameron, Founder and Principal, Cameron Advisory Services Carol Williams, CEO and Enterprise Risk Management Consultant, Strategic Decision Solutions Carrie Penman, Chief Risk and Compliance Officer, NAVEX Kyle Brasseur, Former Editor in Chief, Compliance Week Kyle Martin, Vice President of GRC Solutions, NAVEX Matt Kelly, Editor and CEO, Radical Compliance LLC Stephen Chapman, Chief Customer Officer, NAVEX Vera Cherepanova, Ethics Advocate, Consultant, Author, Studio Etica Award recipients will be announced after to the 2024 NAVEX Next Virtual Conference on October 1. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Navex Global +1 617-388-5773 scott.levesque@navex.com Company Website https://navex.com

September 03, 2024 08:06 AM Eastern Daylight Time

News Release

Strong Management and Partners Make Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) a Compelling Opportunity

Railtown AI

Artificial intelligence has rapidly evolved from a futuristic concept to a central component of modern business strategy. With the AI market projected to surge from $196.63 billion in 2023 to transformative levels by 2030, businesses across all sectors are leveraging AI to boost efficiency, cut costs, and secure a competitive advantage. From automating complex tasks to enhancing customer interactions, AI is revolutionizing industries. As the AI sector expands, investors are increasingly turning their attention to companies driving this innovation. One standout example is Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF), a company poised to make significant waves in the industry. Railtown AI Technologies Inc. is emerging as a standout player in the artificial intelligence landscape, driven by its robust management team and strategic partnerships. The company's focus on AI solutions, particularly through its innovative Conductor AI platform, underscores its potential to transform various sectors. Core Technology and Offerings Railtown's cloud-based Application General Intelligence Platform stands out for its flexibility, supporting both cloud and on-premise deployments. It uses machine learning to adapt from connected applications, which enhances decision-making and reduces operational costs. The platform’s real-time processing capabilities are crucial for efficient software development. Key Features Root Cause Analyzer: Identifies and prioritizes errors, saving developers over eight hours a week and reducing maintenance costs. Conductor AI Assistant: Provides instant, natural language responses to development queries and continuously improves based on user feedback. Velocity Dashboard: Tracks performance metrics, aiding management in planning and resource allocation. Release Notes Automator: Generates clear release notes in under two minutes, ensuring consistency and saving time. Ticket Generator: Uses AI to streamline ticket creation, minimizing manual input and allowing more focus on coding. API No-Code Virtual Developer: Enables users to create new functionalities without coding skills, democratizing development and boosting productivity. Strategic Partnerships Railtown AI Technologies Inc.’s partnerships play a crucial role in amplifying its technological capabilities and market reach. In July 2024, RALIF secured a strategic alliance with Mila, the Quebec Artificial Intelligence Institute, under the leadership of Professor Yoshua Bengio. This partnership provides Railtown with access to Mila’s cutting-edge research and a network of AI experts. It allows Railtown to integrate the latest advancements in deep learning into its Conductor AI platform, further enhancing its technological prowess. Mila’s involvement also aids in talent acquisition and training, ensuring that Railtown remains at the forefront of AI innovation. Similarly, Railtown AI's collaboration with the Alberta Machine Intelligence Institute (Amii), announced in July 2024, is instrumental in advancing its capabilities. Amii’s expertise in reinforcement learning and natural language processing complements Railtown’s technology, contributing to the refinement of its AI solutions. This partnership brings additional expertise and resources to Railtown, accelerating the development of sophisticated AI applications. Furthermore, Railtown retains ownership of all intellectual property developed through this collaboration, which strengthens its competitive position in the market. The company's earlier partnership with Quisitive Technology Solutions Inc. highlights its commitment to practical applications of AI. This integration incorporates Railtown’s AI technology into Quisitive’s Velocity Insights toolset, enhancing software engineering productivity and project management. This partnership showcases Railtown’s ability to apply its technology effectively in real-world scenarios, expanding its influence within enterprise environments. Leadership Driving Innovation Railtown AI’s leadership team is a key asset, guiding the company through its growth and innovation journey. Cory Brandolini, Founder and CEO, brings over 30 years of experience in technology and software ventures. His background includes raising significant capital for technology companies and leading successful exits, such as the acquisition of Teleo Inc. by Microsoft. Brandolini’s strategic vision and industry connections are vital for steering Railtown AI towards its ambitious goals. Co-Founder and CTO Marwan Haddad contributes over 25 years of experience in software development, having led engineering teams at major tech platforms like RESAAS and Fortune 500 companies. Haddad’s technical expertise ensures that Railtown’s AI solutions are developed and executed to the highest standards. Dr. Elliot Holtham, Co-Founder and AI Data Scientist, brings extensive experience in machine learning and data science. His previous role at Xtract AI, acquired by Patriot One Technologies, and his academic achievements bolster Railtown’s R&D efforts and drive innovation within its technology offerings. Kevin O’Neil, Advisory Chair, offers a wealth of experience in technology investing and advisory roles. His previous role as CEO of Xtract AI and his expertise in strategic guidance and investment reinforce Railtown’s market strategy and growth trajectory. Conclusion Railtown AI Technologies Inc. represents an intriguing investment opportunity, distinguished by its innovative Conductor AI platform, strategic partnerships, and a seasoned leadership team. The collaborations with Mila and Amii enhance Railtown’s technological capabilities and research potential, while the partnership with Quisitive illustrates the practical application of its AI solutions. With a management team renowned for its expertise and a clear focus on delivering advanced AI technologies, Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) could be a stock to watch for continued success in the evolving artificial intelligence sector. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 mark@razorpitch.com Company Website http://razorpitch.com

September 03, 2024 06:00 AM Eastern Daylight Time

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