News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

TechInsights’ New Mobile Application Putting Semiconductor Analysis in Your Pocket

TechInsights

TechInsights announces their new mobile application, which provides easy access to their semiconductor and microelectronics reverse engineering content. TechInsights is dedicated to building the content platform for the semiconductor industry; the mobile application makes that content available to subscribers, fast. “Right now, subscribers can use the iOS or Android version of the TechInsights Platform to read TechStream blogs, watch TechInsights videos, and receive notifications about the analysis they are most interested in,” said Scott Ashdown, VP of Product. “Our planned rollout of the TechInsights mobile app includes a steady stream of upcoming feature launches that will bring even more value to our subscribers.” As of September 15, 2021, TechInsights subscribers can download the mobile app now from the Google Play app store, and from the Apple App Store. About Us: TechInsights - Global Leader in Technical Intelligence and Intellectual Property TechInsights maintains the world's largest database of semiconductor and advanced technology analysis and are dedicated to building the content platform for the semiconductor industry. By revealing the innovation others cannot inside the broadest range of advanced technology products, we prove patent value and enable business leaders to make highly informed, fact-based IP and technology investment decisions. Headquartered in Ottawa Canada, with offices in the United States, Poland, and Japan. For more information on TechInsights, visit the website. Contact Details Kim Waterman Senior Corporate Marketing Manager +1 613-576-0145 kwaterman@techinsights.com

September 15, 2021 04:13 PM Eastern Daylight Time

Article thumbnail News Release

OKY and SUZUKI Guatemala form Strategic Alliance

OKY

OKY, a cross-border e-commerce fintech platform, and Suzuki Guatemala have announced the formation of a strategic alliance for the Guatemalan marketplace. Suzuki Guatemala, one of the country’s leading companies, will now be selling their products through OKY’s innovative platform. The addition of Suzuki to the OKY network of over 100 leading brands enables immigrants in the United States to purchase Suzuki motorcycles in Guatemala through a variety of payment options, including cash, credit card, or direct transfer from a banking account. In addition, this partnership allows OKY users in the U.S. to give their loved ones increased mobility which opens new opportunities for economic advancement. The alliance came into effect on July 16, 2021. To use the service, the user must download the application and create an account. Then, they can make a purchase directly through the application or go to one of the 1,380 points of sale in more than 250 cities in the United States and add funds with cash. Once the recipient in Guatemala has received their digital voucher, they can present it to a salesperson at their nearest Suzuki branch and choose from more than 30 motorcycle models Suzuki Guatemala offers. The entire process is safe and immediate. “As immigrants, we understand what the needs of the region are, the challenges they face, and the type of support that is required from family or friends who are currently in the United States,” said Víctor Unda CEO of OKY. “Through this alliance, Guatemalans abroad will be able to offer their loved one’s access to one of the most popular and important motorcycle brands in Guatemala. This collaboration between OKY and Suzuki is unique. We will be able to observe the positive impact of the application of technology as a tool to promote inclusion and provide a better quality of life for all,” he added. Beyond providing them access to an effective, safe, and less expensive method of transportation, the alliance between OKY and Suzuki Guatemala allows immigrants in the United States to offer an indispensable work tool to their parents, children, or friends. In turn, this will enable them to continue the path toward financial independence. OKY is the only fintech platform designed to give immigrant communities the ability to digitize cash and engage in cross-border e-commerce activities. Through OKY, users can send funds directly to family members in their home country to make purchases at participating retailers such as Suzuki. By removing these barriers, a motorcycle company like Suzuki can now sell products to Guatemalans in the United States who do not have access to traditional financial tools, making it a unique alliance for immigrants and their families in the region. This alliance not only adds a leading global brand to OKY’s network but also aligns itself with the mission of providing immigrants in the United States with a greater number of resources that contribute to closing the geographic divide with more appropriate and equitable financial solutions. Through OKY, users can continue to participate and contribute in a meaningful way to the lives of those they had to leave. “Suzuki is one of the most popular motorcycle brands in Guatemala, and we are committed to the progress and economic development of the communities we serve. We are proud to be a part of the OKY network,” said Ing. Balmory Leck, Suzuki Sales Manager in Guatemala. “The work and dedication of the immigrant community in the United States is admirable and we are confident that, together with OKY, we can continue to support and have a positive impact on the economic development and growth of their home countries,” he added. ABOUT OKY OKY was launched in the summer of 2020 for immigrants and by immigrants, with the vision of helping underserved communities achieve financial equity and overcome common financial barriers through the use of technology. OKY achieves this by enabling users to make e-commerce transactions without the support of financial institutions, which often impede the immigrant community from attaining financial stability. Today, OKY users across the United States and other countries have access to a marketplace that connects the Central American region including retail service providers in Guatemala, El Salvador, Honduras, and some offerings for México. For more information, please visit the company’s website, https://okyapp.com/en/ ABOUT SUZUKI SUZUKI, with more than 50 years in the Guatemalan market, currently being the leader of Motorcycles in Guatemala. It has the largest stock of Parts and Accessories in Central America. Its mission is to be a comprehensive and productive organization for Guatemalans, sell motorcycles and high-quality products with the best support, generating business opportunities through a network of employees, trade agents, and satisfied customers. Contact Details Julio Ligorria julio@balserapr.com Company Website https://okyapp.com/en/

September 15, 2021 01:16 PM Eastern Daylight Time

Article thumbnail News Release

Transaction Processing Performance Council (TPC) Launches an Artificial Intelligence Benchmark (TPCx-AI)

Transaction Processing Performance Council

The Transaction Processing Performance Council (TPC) today announced the immediate availability of TPCx-AI, the first industry-standard, vendor-neutral benchmark for measuring real-world, end-to-end AI and ML scenarios and data science use cases. TPCx-AI uses a diverse dataset and was specifically designed to be adaptable across a wide range of scale factors. “The TPCx-AI benchmark is the result of collaboration between talented engineers and researchers at some of today’s leading AI organizations,” said Hamesh Patel, chair of the TPCx-AI committee and principal engineer at Intel Corporation. “It is designed to emulate real-world examples of organizations that use a variety of production ready data science pipelines – including both AI and ML approaches – and is now widely available to anyone who would like to download and run it. We look forward to feedback as industry experts, academics and others interested in benchmarking system performance begin to use it.” TPCx-AI provides a means to evaluate performance for the System Under Test (SUT) as a general-purpose data science system that: Generates and processes large volumes of data Trains preprocessed data to produce realistic machine learning models Conducts accurate insights for real-world customer scenarios based on the generated models Can scale to large scale distributed configurations Allows for flexibility in configuration changes to meet the demands of the dynamic AI landscape Additionally, the benchmark measures end-to-end time to provide insights for individual use cases, as well as throughput metrics to simulate multiuser environments for a given hardware, operating system, and data processing system configuration under a controlled, complex, multi-user AI or machine learning data science workload. And as an “Express” class benchmark, TPCx-AI is an executable kit that can be rapidly deployed and measured. It is designed to provide relevant, objective performance data to industry users and is available for download via the TPC’s Web site via the following URL: http://tpc.org/tpcx-ai/default5.asp Organizations interested in contributing to the TPC’s benchmark development process are also encouraged to become members, and additional information is available via the following URL: http://tpc.org/information/about/join5.asp TPC members that contributed to the development of TPCx-AI include: Cisco, Dell, HPE, IBM, Intel, Microsoft, Red Hat, TTA, and VMware. About the TPC: The TPC is a non-profit corporation founded to define transaction processing and database benchmarks and to disseminate objective, verifiable TPC performance data to the industry. The TPC currently has 21 full members: Actian, Alibaba, AMD, Cisco, Dell, Fujitsu, HP Enterprise, Hitachi, Huawei, IBM, Inspur, Intel, Lenovo, Microsoft, Nutanix, Nvidia, Oracle, Red Hat, Transwarp, TTA and VMware; and four associate members: China Academy of Information and Communications Technology (CAICT), Gartner, Imec, and the University of Coimbra. Further information is available at http://www.tpc.org. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website http://www.tpc.org/

September 15, 2021 09:00 AM Pacific Daylight Time

Article thumbnail News Release

Goodway Group Names Micheal Hayes as Inaugural Chief Growth Officer, Expanding Leadership Team

Goodway Group

Goodway Group, the digital partner advertisers trust to deliver campaign performance and media efficiency, announced today that it has expanded its leadership team with the appointment of industry veteran, Michael Hayes, to serve as the agency’s Chief Growth Officer. In the newly created position, Hayes will lead the agency’s growth efforts across business development and sales, client experience, and marketing, reporting directly to Jay Friedman, President. Hayes joins Goodway Group with more than two decades of experience across the advertising and marketing industry. A transformative media leader, he brings with him a proven track record of building and leading successful digital businesses that drive revenue and support business growth for agencies, startups, and bluechip brands. His addition to the team comes at a time when Goodway Group is experiencing significant growth. Amid an increase in market demand for its services, the agency is broadening its service areas and on track to expand its team by 25 percent in 2021, bolstering the agency’s skillsets and ability to deliver exceptional strategic support and expertise to its clients. In his new role, Hayes’s responsibilities will include managing client relationships to help meet their business objectives, expanding and retaining the agency’s new and existing client business, and identifying additional growth opportunities for Goodway Group. He will also play a key role in leading the agency toward its 2029 goal of moving marketing to the top of the boardroom agenda for its clients. “Michael has deep and proven expertise in developing digital businesses that produce strong results. As we lean into our recent growth, he will be invaluable in the expansion of our service areas to meet our client’s needs in a rapidly changing industry,” said Jay Friedman, President of Goodway Group. “We are thrilled to have someone of his caliber join the leadership team and help guide Goodway Group into its next stage of transformation.” Previously, Hayes served as Chief Revenue and Marketing Officer at IdeaLab’s programmatic advertising and location intelligence platform, UberMedia. Prior to this, he held the position of President and Chief Digital Officer Worldwide at Initiative where he built and led the agency’s digital practice, winning more than $1B in revenue for the agency. “With their commitment to evolving alongside, and often ahead of the industry, and a performance-based approach to digital marketing that drives real business outcomes for their clients, Goodway Group has tremendous growth potential beyond what they’ve seen this year,” said Hayes. “I am excited to work alongside Jay and the leadership team as we expand Goodway Group’s expertise and capabilities to further solidify the agency as a leader reshaping the industry and deliver unparalleled results to our clients.” About Goodway Group: Goodway Group is the digital partner advertisers trust to drive campaign performance and media efficiency. Proud to be completely independently owned and operated, Goodway provides trustworthy expertise that meets its clients' needs – and no one else's. Using predictive intelligence, Goodway helps advertisers get the most value out of every impression across all paid digital media. Through the combination of employing the smartest technology and the most experienced people in the industry, Goodway delivers authentic results. Find Goodway Group online at goodwaygroup.com. Goodway Group. Honestly Smart Digital. Contact Details Kite Hill PR for Goodway Group Bridget Callahan +1 631-338-7248 bridget@kitehillpr.com Company Website https://www.goodwaygroup.com/

September 15, 2021 10:00 AM Eastern Daylight Time

Article thumbnail News Release

ThriveFantasy Closes $3M Funding Round as Platform Continues to Experience Sizable Growth

ThriveFantasy

ThriveFantasy, the leading player prop daily fantasy sports and esports platform, announced today the closure of its latest funding round, raising $3 million (USD). The round will be used to acquire strategic talent, solidify numerous sports/esports partnerships and continue its aggressive marketing programs to exponentially increase strong user growth. ThriveFantasy was created to give everyday fans a better chance at winning by challenging them to pick simple player props for sports or esports contests such as, over/under of yards, catches, touchdowns, assists or kills and more. The platform’s ease of use and focus on both sports and esports contests continues to attract many different types of users and led to significant growth over the past 12 months. “We are excited to see how ThriveFantasy has become the prop game of choice for the exploding number of fantasy players”, said Adam Weinstein, CEO of ThriveFantasy. “Our investors truly understand this unique value proposition and enthusiastically helped us complete this round very quickly to help supercharge our ongoing growth.” The round was led by Cardinal Sports Capital Inc. (formerly, Shore Capital Sports & Entertainment LLC), an advisory and investment firm with offices in Toronto and New York. As part of its strategic investment, Cardinal Sports Capital Inc. will take an active role assisting ThriveFantasy with business development, strategic partnerships as well as financial advisory services. Scott Secord, Managing Partner, will also join the ThriveFantasy Board of Directors. Mr. Secord is the former President/CEO of Gaming Nation Inc., a publicly traded company on the TSXV, which was acquired in 2018 by a private equity firm. Prior to Gaming Nation, Mr. Secord held the position of President/CEO of Pointstreak Sports Technologies Inc. from 2009 until 2015. “ThriveFantasy is exciting because it is a unique fantasy platform that gives both esports and traditional sports fans a fun and easy playing experience,” said Secord. “The opportunities in the sports and gaming industry seem limitless, but we understand that one of the strengths of this market lies in the quality and experience of the platforms. Thrive’s is one of the best we’ve seen. Our investment in Thrive shows our commitment to continually improving how these games are offered to the growing number of fantasy fans.” Due to ThriveFantasy’s popularity, current and former professional athletes participated in this investment round. Notable investors include: New York Angels members, Yolo Investments, Reflect Ventures and Stage 1 Ventures. For more information, please visit www.Thrivefantasy.com About ThriveFantasy ThriveFantasy is a Daily Fantasy Sports and Esports App for Player Props. Thrive eliminates the countless hours of research users have to spend, by only focusing on the top-tier athletes that have the biggest impact on the game. Follow ThriveFantasy on Instagram (@ThriveFantasy), Twitter (@ThriveFantasy) and Facebook (ThriveFantasy). Contact Details Michael Adorno madorno@hotpaperlantern.com Company Website https://www.thrivefantasy.com/

September 15, 2021 09:01 AM Eastern Daylight Time

Article thumbnail News Release

Knowledgehook enters Mexico to level up math attainment

Knowledgehook

Knowledgehook, the world’s most comprehensive mathematics learning platform, has launched in Mexico as the country fights back from the devastating impact of COVID-19. It is now available to schools across the country for children in Year 3 to Year 9 classes, through RadIx Education, a change consultancy working with local governments and schools across Mexico. Knowledgehook’s proprietary technology harnesses the power of data to track where students are on their math journey. Their programmes connect a child’s at-home learning with in-school education, providing real-time insights to teachers on learning gaps. The platform empowers teachers to develop an understanding of the maths concepts related to their students’ challenges, enabling them to adjust instruction and monitor student progress. The launch of Knowledgehook in Mexico comes at a time when Mexican teachers and officials are working hard to improve math outcomes for their students. Math achievement is at a low ebb with 35% of 15-year-olds not achieving the minimum level of proficiency in math, according to the recent International Student Assessment (PISA) 1. Indeed, Mexican 15-year-olds rank last among students in the 36 OECD member countries in mathematics, reading and science, according to a recent International Student Assessment (PISA) survey. Moreover, UNICEF reported that, on average, schools in Latin America were closed longer than any in any other region as a result of the COVID-19 pandemic. Qamar Qureshi, President of Knowledgehook, commented:“This is an amazing opportunity for everyone involved in education in Mexico to turn the tide and accelerate change in math outcomes for young people. Having the right, personalised guidance for teachers makes all the difference. Every student deserves to have a teacher who has access to the best pedagogical tools, and parents who have insights into their learning. Our platform is not a game, it pulls together a 360 view on a child’s learning journey, enabling people around them to improve the child’s math experience and outcomes”. Knowledgehook’s AI-enabled platform has grown to support schools across the US, Mexico, and the UK. It is designed to scale across multiple countries and languages, developing teacher capacity while engaging students and providing actionable insights for parents. Over the years, Knowledgehook’s research-based solution has garnered industry-leading partnerships and investments from the most recognised global education bodies, notably from the University College of London (UCL), the global leader in education research. In launching Knowledgehook across Mexico, Erik Ramírez Ruiz, founder of Radix Education, commented: “Despite the historical lows in math attainment levels for Mexican children, we know that the gap between the top and bottom performers in math and science has shrunk over time. It’s now time to accelerate this change and move the needle further. Knowledgehook has proven across the world it makes a difference. We have already seen this first hand during the testing phase and are optimistic the technology will help teachers and improve the life chances of many young people ''. Knowledgehook actively collaborates with governments around the world while also working directly with schools and their suppliers, to offer curriculum-aligned solutions. The company currently empowers teachers in more than 100,000 schools. In 2021, it is anticipated the solution will reach 50,000,000 students globally. Launching Mexico is the first time Knowledge will be available in Spanish. The solution is also available in French. We have received growing interest for our technology and expertise to be applied to other subjects and we look forward to expanding our solution to empower more educators and support the learning of students to become the problem-solvers of tomorrow,” Qamar Qureshi added. Ends 1 Based on the 2018 Programme for International Student Assessment (PISA) survey. It is conducted once every three years and is the most extensive and widely accepted measure of academic proficiency among lower secondary school students around the world. About Knowledgehook Knowledgehook, a leading educational technology company, empowers hundreds of thousands of teachers and parents to collaboratively support the mathematics learning journey of millions of students worldwide. Winner of Google’s Game Changer Award and named Top Disruptor by BNN, its platform analyses student understanding through engaging assessments, providing real-time personalised solutions to close learning gaps between classroom teaching and at-home learning. Designed by leading numeracy and research experts, Knowledgehook’s Instructional Guidance System is known for reinventing how online technology supports education and educators, while inspiring the problem solvers of tomorrow. Knowledgehook is backed by UCL’s VC fund Discentia Capital, Mesoamerica’s Alexandria Corp., Nelson Education and John Abele’s North Point Ventures. Contact Details Knowledgehook Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com

September 15, 2021 09:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

METER Group Acquires Drying Technology, Inc.

METER Group, Inc.

Delta T Moisture Sensing and Control Technology provides actionable drying intelligence to SKALA Control Dashboards, empowering food manufacturers with insights to adapt production variables in real time, optimizing water activity, improving quality, shelf life, and sustainability METER Group, Inc. USA (METER) today announced that it has acquired Drying Technology, Inc., accelerating the availability of proven, closed-loop moisture control for continuous lines for METER Food customers. Delta T sensor technology and patented algorithm reduce moisture content variation in foods, improving production efficiency and quality while lowering energy consumption and waste. This cutting-edge system consistently and precisely maintains the target moisture content inside a dryer using real-time data and an exclusive control algorithm. As part of METER Food’s SKALA platform, Delta T Moisture Control adds closed loop drying intelligence for continuous lines. Coupled with METER’s patented drying algorithm for manufacturers that dry or bake foods in batches using ovens, smokers, and cure rooms, SKALA Delta T Moisture Control extends METER’s ability to help processors predict exactly when a batch has been dried to the correct moisture level. Food manufacturers must ensure that their products are dry enough to inhibit the growth of mold and microorganisms while also mitigating the risk of excessive over drying, unnecessary energy consumption, reduced product volume and quality. Unfortunately, most companies are hindered by inadequate technologies that only measure downstream moisture. Without moisture sensors inside the dryer, it is impossible to detect moisture variations, much less automatically readjust this add point in response to load changes as they occur. This glaring lack of control within drying processes is a notorious cost center for food manufacturers that also threatens production rates and product shelf life. METER’s new moisture control module combines rugged temperature sensors installed inside the dryer with a patented control algorithm to measure moisture changes entering the dryer and adjust the setpoint automatically. This not only reduces moisture variance, but also time and moisture barriers by more than 30 percent. “This acquisition benefits METER Group and its customers on multiple fronts,” said Takuya Ohki, VP of Food, METER Group. “As only 10 percent of Drying Technology’s customers manufacture food, METER Food will bring our drying intelligence solutions to new markets while also offering Delta T closed loop control to our installed customer base. It’s the perfect complement to our portfolio, extending our ability to support manufacturers worldwide. “While ROI improvement calculations vary, average energy costs drop between four and 10 percent. Some factories are ROI-positive in as little as a month, others take as long as six months, with the average being just under three months. Impact on the bottom line depends so much on the size of the company, number of lines, amount produced and the cost of finished goods. For example, one customer saw an $8 million increase in profits due to increased yield in the first year.” Available as part of the METER Food’s SKALA platform for drying intelligence, the Delta T continuous line module will augment SKALA’s advanced machine learning algorithm to generate actionable dashboards, optimize the drying process, and boost revenue. “Our goal is to help processors predict exactly when the batch has been dried to the correct moisture level to conserve energy, time and waste from rework. The addition of Delta T Moisture Sensing and Control enhance METER Food’s product offering, delivering complementary features with very little overlap either in product offering or customer base,” added Ohki. About METER Group METER Group, a Decagon and UMS combined company, delivers real-time, high-resolution data that fuels production and processes for the food quality, environmental research, urban and agriculture sectors. Through the power of its employees, METER combines science, engineering, and design expertise to turn physical measurements into useful information. Learn more at www.metergroup.com. Contact Details JMRConnect Mostafa Razzak +1 202-904-2048 m.razzak@jmrconnect.net Company Website http://www.metergroup.com/

September 15, 2021 09:00 AM Eastern Daylight Time

Article thumbnail News Release

CSG Wins Coveted 2021 ColoradoBiz Top Company Award

CSG

CSG ® (NASDAQ: CSGS) today was honored as the winner of the 2021 ColoradoBiz Top Company Award for Technology and Software. As one of only 15 state-wide businesses to receive a Top Company designation, CSG is featured in the ColoradoBiz magazine Fall issue highlighting the winners of the 34 th annual Top Company Awards. “The incredible work that each person at CSG does every day around the world to make our customers’— and our employees’ — ordinary experiences extraordinary is the real reason why CSG is a top company,” said Patricia Elias, CSG’s chief people and places officer. “Nearing our 40 th birthday, CSG has continually pushed to innovate our employee experience, reinvent our products and services, and evolve to consistently exceed the expectations of both our customers and our employees.” “This award represents CSG’s ability to not only win in the marketplace, but our ability to win in the workplace,” added Elias. “We’ve made great strides in building a trusted and inclusive culture that enables success by celebrating our differences and allowing each of us to come to work as our true authentic selves. Our work here is continual as we strive to do what’s right for our people and our communities. This award is a humbling recognition of our efforts to enrich and enable a better, more future-ready world, and we celebrate this win as one CSG family.” Established in 1988, the ColoradoBiz Top Company Awards program recognizes Colorado companies of all sizes for their continuous commitment to excellence. The magazine determines its annual award winners based on their outstanding achievements, community involvement, and financial performance. # # # About CSG For more than 35 years, CSG has simplified the complexity of business, delivering innovative customer engagement solutions that help companies acquire, monetize, engage, and retain customers. Operating across more than 120 countries worldwide, CSG manages billions of critical customer interactions annually, and its award-winning suite of software and services allow companies across dozens of industries to tackle their biggest business challenges and thrive in an ever-changing marketplace. CSG is the trusted provider for driving digital innovation for hundreds of leading global brands, including Airtel Africa, América Móvil, AT&T, Charter Communications, Comcast, DISH, Formula 1, Hutchison 3 Indonesia, Inmarsat, Mastercard, Maximus, Microsoft, Mobily, MTN, New Leaf Service Contracts, State of California DMV, TalkTalk and Telstra. To learn more, visit our website at csgi.com and connect with us on LinkedIn and Twitter. Copyright © 2021 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved. Contacts: Jordy Spitale +1 (504) 615-8820 Jordy.spitale@csgi.com John Rea Investor Relations +1 (210) 687-4409 john.rea@csgi.com Contact Details Tammy Hovey +1 917-520-2751 tammy.hovey@csgi.com Company Website https://www.csgi.com

September 15, 2021 06:30 AM Mountain Daylight Time

Article thumbnail News Release

Stagwell (STGW) Brings Together Assembly and ForwardPMX as Unified Global Brand

Assembly + ForwardPMX

Stagwell (NASDAQ: STGW ) agencies Assembly and ForwardPMX today announced that they are uniting as one organization, operating under the name Assembly globally. The newly combined agency will be home to 1,500 employees in over 20 countries and 30 locations across the globe, working with world-class brands, including Nike, Adobe, Ralph Lauren, Con Edison and Red Robin. Assembly will be part of the Stagwell Media Network, which manages nearly $5 billion in media across 7 agencies and delivers client-centric solutions across media, data, technology, insights and creativity. Assembly will be led by current ForwardPMX Global CEO, James Townsend, who is also the Global CEO of Stagwell Media Network. The agency’s management team will be a combination of Assembly and ForwardPMX leadership. In North America, ForwardPMX Managing Director Valerie Davis will be taking a lead role as North American President of the agency. Assembly executives Kim Sivillo and Kendra Mazey will also take on senior leadership roles within the US operation, with Shannon Pruitt and Jon Schaaf being elevated to new global roles across the Stagwell Media Network. Further management announcements will be shared in coming weeks. “In bringing these teams together, we are answering a clear market, client and employee opportunity to challenge the status quo,” said Townsend. “Assembly’s omnichannel media capabilities and buying scale paired with ForwardPMX’s digitally-led talent and global footprint can deliver something that is truly market-leading and capable of driving change and growth for CMOs and marketing leaders worldwide.” Townsend continued, “These are two growing businesses, with undeniable momentum, that belong together. Today, we’re taking a confident step forward to design and build an exciting future – one which ensures clients can access our strongest combined capabilities, while connecting our people to a wider, more diverse global community of experts.” A respected industry leader, Assembly has an impressive track record of driving results through a uniquely integrated media approach, having been named to Ad Age’s coveted A-List as Media Agency of the Year in 2018 and landing Adweek’s Media Plan of the Year in 2019. ForwardPMX brings global scale in data, technology and digital media, which are complementary to Assembly’s strength in omnichannel media and competitive US scale. ForwardPMX will help the combined business exponentially expand global capabilities, with its current footprint in more than 20 countries and a reputation as the partner of choice for brands navigating the complexities of global growth. The integration of Assembly and ForwardPMX is a key part of Stagwell’s effort to offer brands innovative partners that can help transform their businesses. Stagwell Chairman and CEO, Mark Penn, commented, “This combination brings together state-of-the art offline media and performance marketing expertise. Assembly and ForwardPMX have been partnering successfully for the past two years, so we know they can succeed for clients and that their cultures mesh well. We thank all of our current clients for their trust and are excited to share our new offering with the market.” About Stagwell: Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 10,000+ specialists in 24+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us For more information go to: www.stagwellglobal.com. Contact Details Assembly Sara Pollack, Vice President of Marketing +1 917-438-4923 sara.pollack@assemblyglobal.com

September 15, 2021 08:00 AM Eastern Daylight Time

1 ... 549550551552553 ... 642