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Anthropos raises $2.7m to help companies build the workforce of the future using AI

Anthropos

Talent shortage and skills development are among the top two priorities businesses are struggling to get to grips with today, according to Gartner. Helping them take control of the situation, startup Anthropos has raised $2.7M to create a new way for companies to help employees evolve their skill sets in accordance with business needs while improving retention. With offices in the US and Switzerland, Anthropos’ pre-seed round is led by Switzerland-based Founderful with additional participation from Eden Ventures, Exor Ventures, Zanichelli Venture, Alessandro Rivetti and several angel investors across the EU and US. “People want to see a clear path to grow in their organization and learn the exact skills they need to succeed there. At the same time, you can’t run your business without modern skills and a solution to constantly understand what your people can and cannot do. It’s a problem that is intensifying across all industries and it will get even more important as people need to adopt AI and make it part of their daily job,” said Stefano Bellasio, CEO of Anthropos. Anthropos was founded by Stefano Bellasio and Giacomo Marinangeli after building Cloud Academy Inc, a cloud training platform they started in 2013. The duo scaled the business to over $25M in ARR with Fortune 500 customers like Microsoft, Warner Media, and Deloitte, and, in the process, realized the majority of their enterprise customers were struggling with the same interrelated problems: employee retention and skills development. After exiting the business to the UK's largest tech training provider, Stefano and Giacomo decided to focus on a completely different space with Anthropos, a solution that wants to help corporates with their constant challenges to retain and build their skills. Anthropos helps companies centralize all their skills, employee experiences and training libraries in a modern, employee-focused platform. With Anthropos, companies can map out dedicated paths for every role inside the organization. As a result, employees can upskill themselves in accordance with the roles they want to advance in, and companies can constantly assess what skills are relevant for each role and verify which employees have those skills. This is a significant improvement from the status quo of long, convoluted employee questionnaires to ascertain skill abilities. Central to evidencing its approach, Anthropos is able to verify soft and technical skills at different stages of the employee lifecycle, from hiring to training and progression. As part of the platform, Anthropos has built its own skills taxonomy, which currently covers over 60,000 skills and 18,000 job roles. The company has also created a new technology, called AI Job Simulations, to screen candidates at scale by placing them into immersive real-life scenarios with virtual customers, stakeholders, and colleagues where they can solve missions that demonstrate their soft and hard skills. Early customers at Anthropos have decided to customize their AI Job Simulations to screen candidates at scale and to prepare them for new roles, letting them make mistakes talking to (virtual) customers and other teams and learning from them in a safe environment. The founders describe Anthropos as the easiest way to build a school for each organization where people can learn and evolve with the business at different stages of the employee lifecycle. As part of this, Anthropos is also designed to act as a network. Employees can see the skills their colleagues have, learn how they acquired them, and ultimately pinpoint potential mentors to help them grow. The team launched Anthropos earlier this year and their initial customer base, concentrated in the tech and tech consulting space, is already leveraging Anthropos to stay competitive and retain top talent. Current customers are using Anthropos to rapidly verify the skills of employees that were migrating to new roles, to easily identify the right people with the right skills for certain projects, and to screen candidates at scale by putting them in real scenarios related to their roles using the company’s AI Job Simulations. “It’s a great opportunity for companies. We have seen it first hand, modern generations consider growth and a clear path to learning new skills as the most important aspect of their jobs. It’s more important than your salary or bonuses. If you can’t provide this, you will see employees joining and leaving within months.” said CEO Stefano Bellasio. Antonia Albert, Principal at Founderful added: "We believe that every employee wants to grow and evolve, and that lack of career development and advancement is one of the key drivers of employee turnover. Using AI to democratize career paths and skills development is such a great mission. We are convinced that Stefano and Giacomo, after having successfully scaled and sold their previous tech company, are the right founders to give both companies and employees the transparency needed to enable clear career paths and professional as well as personal growth. Looking ahead, Anthropos plans to provide companies and employees access to thousands of skill paths and AI Simulations for roles and skills across multiple departments that every organization can customize. The company is also planning to publish its first batch of AI Job Simulations in the coming months. “Giacomo and I envision Anthropos becoming the solution for companies to manage and develop all their competencies. In a world that will be redesigned by AI in every role, we believe it’s a great opportunity to help everyone transform their careers,” added CEO Stefano Bellasio. About Anthropos Anthropos reimagines the connection between people and companies as both adapt to a new way of working. People are more ambitious than ever but they are not ok staying in roles and companies that don’t invest in their growth, with values they don’t share.Similarly for companies: skills are changing so rapidly that looking for the right people is the biggest investment in the budget while retaining the existing talent is always a trial and error process. Our thesis is that both parties could use a different solution to solve this problem.For more information please visit https://anthropos.work/ About Founderful Founderful is Switzerland’s leading pre-seed fund, backing founder teams building tech companies with the potential to become global market leaders. Founderful has a track record of supporting exceptional founders in creating breakthrough companies and has the passionate conviction that the Swiss startup ecosystem is just starting to write its best success stories: www.founderful.com Contact Details Anthropos Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://anthropos.work/

May 14, 2024 09:00 AM Eastern Daylight Time

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NAVEX Announces Global Whistleblower Regulatory Compliance Management

NAVEX Global

NAVEX, the global leader in integrated risk and compliance management software, today announced the launch of its Regulatory Compliance Management (RCM) solution. It helps organizations easily navigate and adhere to international whistleblowing compliance rules and regulations in all geographies where they operate – thus avoiding hefty fines and potential impact to business reputation. Whistleblowing is the first of many regulations to be covered, RCM will expand its offering to include other international directives and legislations. With the emergence of large-scale whistleblower regulations such as the EU Whistleblower Protection Directive and the Whistleblower Protection Act, multinational organizations face an even tougher challenge staying compliant and up to date with guidelines. NAVEX RCM will be invaluable to companies wishing to assess and analyze restrictions, requirements, and/or guidelines related to whistleblowing regulations across global jurisdictions. This includes intake methods, notice and consent requirements, reportable issue types, availability of anonymity, and other unique intake, data privacy, and incident management considerations. Prior to NAVEX Regulatory Compliance Management, organizations either assigned employees or paid lawyers a significant sum to track requirements painstakingly and manually. This resulted in hours spent understanding the information gathered on an ad hoc basis, whilst simultaneously balancing and updating internal policies. With NAVEX’s RCM solution, highly skilled subject matter experts will personally assess updates and provide tailored guidance on how to address regulatory changes. They will also offer continued insights and recommendations via an automated platform to empower customers to make informed and strategic decisions. Organizations with global operations gain access to the knowledge and expertise necessary to meet or exceed complex international compliance requirements, thereby reducing risk while reinforcing oversight responsibility. Unlike manual efforts, NAVEX RCM delivers information through an up-to-date web-based portal, rather than spreadsheets, PDFs, and Word documents. This platform enables customizable alerts and automatic notifications when information is updated. “By subscribing to Regulatory Compliance Management, changes are detailed directly in our software as countries update their legislation – all accessible from a centralized dashboard,” said NAVEX Chief Product Officer, A.G. Lambert. “NAVEX continually reviews regulations at the country level to help organizations remain compliant. When regulations are updated, the system will notify subscribed customers of the changes. Decisionmakers will then be able to assess these and update their existing incident management programs as required.” To learn more about NAVEX Regulatory Compliance Management, please read our blog or visit the product page here. 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 anita.lo@navex.com Company Website https://navex.com

May 14, 2024 09:00 AM Eastern Daylight Time

Trust & Will Named to the 2024 CNBC Disruptor 50 List For Pioneering Online Estate Planning

Trust & Will

Trust & Will, the leading digital estate planning and settlement platform in the U.S., announced its inclusion in the CNBC Disruptor 50 list today. This prestigious annual list, published by CNBC, the global leader in business news, highlights some of the most innovative venture-backed companies disrupting their respective industries and driving change across the business world. The CNBC Disruptor 50 recognition follows a remarkable period of company growth that includes several significant milestones: Unveiled a refreshed Trust & Will for Advisors platform Expanded product offering to include probate and settlement services Hired several key executives to join the leadership team Achieved B Corporation certification Named to the Inc. 5000 list (#363 overall; #21 in financial services) With more than 700,000 users, Trust & Will’s platform has experienced a 1300% growth rate, according to Deloitte, and will reach even more families in 2024 and beyond to help with estate planning and probate. Trust & Will is poised for hyper-growth mode growth as more generations understand the importance of estate planning, codifying their legacy for the future, and preparing for the impending ‘Great Wealth Transfer.’ "Empowering families to leave a lasting legacy is our mission, and it’s an honor to be named to the CNBC Disruptor 50 for our pioneering work bringing estate planning to as many Americans as possible," said Cody Barbo, Founder and CEO of Trust & Will. “Planning for the future is one of the most important acts a family can take amid the chaos of everyday life, and we’ve made it as simple and affordable as possible. The years ahead should be even more ambitious for our organization as we work to get millions more Americans to prioritize estate planning.” The CNBC Disruptor 50 list highlights today's most forward-thinking and ambitious companies that are fundamentally changing their industries. Trust & Will joins a venerable group of companies featured on the list over the years, including OpenAI, Airbnb, Uber, and SpaceX. All submissions were subject to a comprehensive and rigorous process of research and evaluation across a wide range of quantitative and qualitative criteria, as well as feedback from CNBC's editorial staff and a global pool of entrepreneurial experts from around the world. For the full list of Disruptor 50 companies, please visit www.cnbc.com/cnbc-disruptors. ABOUT TRUST & WILL Trust & Will is simplifying estate planning and settlement with attorney-approved, legally valid documents and processes designed to adhere to individual state guidelines. Since 2017, we’ve helped hundreds of thousands of Trust & Will members leave their legacy with an affordable way to create an estate plan or settle the estate of a loved one. Our platform uses bank-level encryption that protects customer data and complies with the highest security standards, including SOC 2 and HIPAA. Trust & Will is the official estate planning benefit provider for AARP members, along with several leading financial institutions, who all believe in our mission of helping every family leave their legacy. To learn more, visit trustandwill.com. Trust & Will is an online service providing legal forms and information. Trust & Will is not a law firm and does not provide legal advice. Contact Details Danielle Nuzzo +1 631-807-7772 danielle@trustandwill.com Company Website https://trustandwill.com

May 14, 2024 07:00 AM Eastern Daylight Time

Bacula Announces New Features for HPC Backup and Recovery

Bacula Systems

Expanding its leadership in high security backup and recovery for HPC and demanding IT environments, Bacula Systems today announced new features designed specifically for HPC customers. Bacula is also proud to announce partnerships with many of the industry’s leading performance storage providers. "Bacula is the only solution capable of handling billions of files in extremely high-throughput applications. Bacula’s participation in the ISC Hamburg exhibition demonstrates its full commitment to helping HPC customers save time and considerable costs" said Gopal RajGuru, Bacula CEO. Enhancing Bacula’s exceptionally broad storage and Cloud compatibility, a new lock function has been added to align the immutable status of backup data with the backup retention configured in Bacula. Bacula’s Cloud Storage Class is now also configurable in Azure, Oracle and Google. This allows precise control over where to store each backup set, using any kind of criteria, directly from Bacula without touching the destination Cloud storage configuration. Bacula helps HPC customers automate complex tasks with a new Large Backup File Split feature, which speeds the back up of large numbers of files by splitting the workload into concurrent backup processes in a simple, smart and automatic way. This saves HPC customers significant amounts of time for very large datasets, and Bacula automatically manages the backup to any file-server or NAS. “Bacula also reduces the possibility of human error by eliminating the need for a configuration update process. This is particularly useful when many users create complex folder structures with lots of different files where the distribution of the data varies dynamically in an unpredictable way” said Jorge Gea, CTO of Bacula Systems. Partnerships: Bacula is also delighted to announce a number of new strategic partnerships with the most high-performance and secure storage specialists to build on its growing momentum in the HPC industry, including: ExaGrid: ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository and scale-out architecture. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The Repository Tier offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and product obsolescence. ExaGrid offers comprehensive security and is the only two-tiered backup storage approach with a non-network-facing tier, delayed deletes, and immutable objects to recover from ransomware attacks. Combined with the power of Bacula Enterprise, ExaGrid Tiered Backup Storage provides a backup solution for HPC organizations with the highest performance, security, and scalability at the best price. Storj: Bacula has launched a strategic partnership with Storj, which delivers faster cloud object storage at 90% less cost than AWS S3 while dramatically reducing data’s carbon footprint. Storj achieves this by leveraging unused global storage space to create a highly-secure global network, eliminating the need for costly data centers and providing enterprise-level durability and high performance without data replication. With Bacula and Storj, businesses save up to 90% on cloud storage with increased security and lower costs. Storj Chief Revenue Officer Colby Wineger said, “Storj is very pleased to partner with Bacula to lower customers’ costs and upgrade enterprise data backup and recovery. Together we help to protect organizations from the problems of downtime and data breaches with a cost-effective approach and lighting-fast downloads.” SoftIron: SoftIron is a world-leader in true private cloud. Its superior, purpose-built hardware is designed, developed and manufactured in house, and it is the only manufacturer to offer auditable provenance. HyperCloud by SoftIron allows organizations to build a true private cloud on-premises that deploys, manages and consumes like public cloud. HyperCloud provides the elasticity of cloud in a solution that is fast and simple to deploy, driving extreme agility. Combined with Bacula, SoftIron’s solution is perfect for scalable backup and recovery. Backblaze: Backblaze makes it astonishingly easy to store, use, and protect data for various industries, including HPC customers. Backblaze B2 Cloud Storage provides an infinitely scalable foundation for researchers, businesses, developers, IT professionals, and individuals to build applications, host content, manage media, backup and archive data, and more. Backblaze and Bacula customers enjoy no minimum retention penalties, no egress fees, highly performant and secure cloud storage at dramatically lower prices. With over three billion gigabytes of data storage under management, the company currently works with more than 500,000 customers in over 175 countries. Wasabi Technologies: Recognized as one of the technology industry’s fasting growing companies, Wasabi is on a mission to store the world's data by making cloud storage affordable, predictable and secure. With Wasabi, visionary companies gain the freedom to use their data whenever they like without being hit with unpredictable fees or vendor lock-in. Instead, they’re free to build best-of-breed solutions with the industry’s fastest-growing ecosystem of independent cloud application partners. Customers and partners all over the world trust Wasabi to help them put their data to work so they can unlock their full potential. Visit wasabi.com to learn more. About Bacula Systems: Bacula Enterprise is a highly secure, scalable backup and recovery software for HPC, large organizations, data centers and MSPs. Bacula’s customers include NASA, Warner Bros. Discovery, and Navisite. www.baculasystems.com Contact Details Rob Morrison rob.morrison@baculasystems.com +41 21 641 60 80 rob.morrison@baculasystems.com Company Website https://www.baculasystems.com/

May 14, 2024 05:00 AM Eastern Daylight Time

HANetf's Hector McNeil discusses shifting investment focus beyond 'Magnificent Seven'

HANetf Holdings Limited

HANetf co-founder and co-CEO Hector McNeil suggests a strategic shift in investment from dominant tech stocks to broader tech themes. In an interview with Proactive's Stephen Gunnion, McNeil advocated diversifying away from the 'Magnificent Seven,' big tech firms, due to their high PE ratios and concentration risks. He highlights the potential of broader tech investments, particularly through ETFs that offer diversified exposure across various tech sub-sectors, including robotics, cybersecurity, and digital entertainment. McNeil emphasised the benefits of equal-weighted ETFs, such as the HAN-GINS Tech Megatrend Equal Weighted UCITS ETF (ITEK) which ensures no single stock dominates the index, providing a balanced investment approach. Additionally, he explored opportunities outside the traditional tech sector, particularly in emerging markets. McNeil underscored the growth potential in the e-commerce sector within these markets, driven by high growth rates and an absence of state-owned enterprises. He pointed out specific ETFs like the EMQQ Emerging Markets Internet & Ecommerce UCITS ETF (EMQQ), which focuses on major market e-commerce, and discussed the significant gains of companies like Pinduoduo and Tencent. McNeil also mentioned the Future Defense UCITS ETF (NATO), which has gained traction by capitalising on the rising importance of cybersecurity in global defence strategies. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 13, 2024 10:43 AM Eastern Daylight Time

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Finseta doubles revenue, turns a profit in transformational year

Cornerstone FS PLC

Finseta CEO James Hickman tells Proactive's Stephen Gunnion the company experienced a transformative year in 2023 as it doubled of revenue and reported a pretax profit of £1.3 million, a significant recovery from a previous loss. Hickman attributed the improvement to a strategic refocus on enhancing the sales pipeline, expanding the payments network, and refining the product and geographical reach. Key strategic changes included shifting from indirect to direct client interactions, which increased the proportion of revenue from direct clients from 78% in 2022 to 95% in 2023. This shift also resulted in margin improvements and an increase in the average transaction value as the company began serving not only small businesses but also medium-sized businesses and high-net-worth individuals. The company also underwent a rebranding from Cornerstone PLC to Finseta, aimed at differentiating itself in a crowded market and reflecting its evolved business strategy and ethos. Furthermore, Finseta expanded its international presence, partnering with best-of-breed payment companies and banks to enhance its service offerings globally. Noteworthy developments included a new corporate card scheme with Mastercard and the approval to provide payment services in Canada, emphasizing Finseta's commitment to geographical and service expansion in its operations. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 13, 2024 10:25 AM Eastern Daylight Time

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New Tech Paves the Way for Faster Airport Security

MarketJar

Airport security delays and operational disruptions are becoming an increasingly common headache for travelers around the globe, often leading to missed flights and mounting frustrations. A recent incident at Birmingham Airport vividly illustrates this growing problem. Lucy Kenneally and her boyfriend Matthew experienced the chaos firsthand when they endured a staggering four-hour wait in the security line and ultimately missed their flight. 1 Days later, Gatwick Airport faced significant delays after a fire alarm in the South Terminal prompted a full evacuation, causing passengers to be stuck on the runway and leading to a cascading effect of delayed departures. 2 Of course, these are just a few examples that highlight a much bigger issue. In reality there are thousands of delayed flights every day across the US and up to 20,000 delays every single day around the world. The problem has gotten so bad that the Biden administration has developed a new rule to address one of the most pressing travel grievances: flight delays. 3 Announced in late April, the rule mandates airlines to provide automatic refunds for delays that disrupt travelers' plans significantly, reflecting a major shift towards enhancing passenger rights. Another major issue that demands an urgent solution are airport security breaches. According to the US Transportation Security Administration (TSA), there have been at least 300 instances of people bypassing parts of airport security in the last year. 4 These security concerns are coming to light at a time when the TSA is working to solve airport security issues by upgrading checkpoints with more advanced technology developed by AI security company Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF). Liberty Defense specializes in advanced security solutions tailored for areas with high pedestrian traffic and heightened security needs, including airports, stadiums, and educational institutions. The company's flagship product, HEXWAVE, licensed from the Massachusetts Institute of Technology (MIT), offers discreet, scalable protection that detects both metallic and non-metallic weapons. Revolutionizing Airport Security with Advanced Technology Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF) has successfully deployed HEXWAVE across various market verticals and signed several large contracts with airports around the globe. The company also inked a $3.8 million contract with the TSA for its High-Definition Advanced Imaging Technology (HD-AIT) Wideband Upgrade Kit to improve detection capabilities and enhance the passenger experience. On May 13, Liberty Defense announced that its HEXWAVE system has been selected by the Frederick Douglass Greater Rochester International Airport (ROC) to enhance the TSA’s Aviation Worker Security Screening. ROC, a vital transportation hub serving about 2.4 million passengers annually with 120 daily flights, is now the first U.S. airport to integrate HEXWAVE into its security operations. This deployment marks a notable step in using advanced technology to bolster airport security and operational efficiency. “As industry leaders, we are excited to be the first airport in the United States to acquire the HEXWAVE system to use in our broader airport security program,” said Deputy Director at the Frederick Douglass Greater Rochester International Airport Andrew Moore. “ We will use the HEXWAVE to provide enhanced security and an improved screening experience in non-traditional areas of the airport. We are excited to work with Liberty Defense as we are continually looking to innovate and improve the overall safety of our airport.” Unlike traditional weapon detection technologies, HEXWAVE utilizes millimeter wave technology, advanced 3D imaging, and AI to detect a wide range of concealed metallic and non-metallic threats—including liquid, powder and plastic explosives, and 3D printed ghost guns—without requiring passengers to remove common items like belts and shoes. This capability allows for a faster, more seamless screening process, enhancing the flow of traffic and reducing bottlenecks at security checkpoints. Liberty Defense is also expanding into international markets, announcing a recent shipment of its HEXWAVE™ system to Amsterdam’s Schiphol Airport in the Netherlands and Subic Bay Airport in the Philippines. Click here for more information about Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF). [1] https://nypost.com/2024/05/06/lifestyle/england-airports-15-minute-security-wait-turns-into-4-hour-nightmare/ [2] https://www.dailymail.co.uk/news/article-13399237/Chaos-London-Gatwick-airport-passengers-evacuated-South-terminal-fire-alarm-goes-amid-fears-flight-delays-inevitable.html [3] https://www.vox.com/politics/24147613/flight-delay-refund-white-house-rule [4] https://www.washingtonpost.com/travel/2024/04/04/airport-security-tsa-stowaway/ Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Liberty Defense Holdings Ltd. Market Jar Media Inc. was paid $1,500 for the production and publishing of this article by Liberty Defense Holdings Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.). Additional details relating to Market Jar Media Inc.’s engagement by Liberty Defense Holdings Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.) are set out in https://pressreach.com/disclaimer-scan. 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Liberty Defense Holdings Ltd.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Liberty Defense Holdings Ltd.’s industry; (b) market opportunity; (c) Liberty Defense Holdings Ltd.’s business plans and strategies; (d) services that Liberty Defense Holdings Ltd. intends to offer; (e) Liberty Defense Holdings Ltd.’s milestone projections and targets; (f) Liberty Defense Holdings Ltd.’s expectations regarding receipt of approval for regulatory applications; (g) Liberty Defense Holdings Ltd.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Liberty Defense Holdings Ltd.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Liberty Defense Holdings Ltd.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Liberty Defense Holdings Ltd.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Liberty Defense Holdings Ltd.’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Liberty Defense Holdings Ltd.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Liberty Defense Holdings Ltd. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Liberty Defense Holdings Ltd.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Liberty Defense Holdings Ltd.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Liberty Defense Holdings Ltd.’s business operations (e) Liberty Defense Holdings Ltd. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, Liberty Defense Holdings Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Liberty Defense Holdings Ltd. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Liberty Defense Holdings Ltd. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or such entities and are not necessarily indicative of future performance of Liberty Defense Holdings Ltd. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

May 13, 2024 08:30 AM Eastern Daylight Time

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Phil Dervan appointed by Bacula Systems as Global Partner Strategy Director

Bacula Systems

Expanding its leadership in high security backup and recovery for HPC and demanding IT environments, Bacula Systems today announced it has appointed Phil Dervan as its Global Partner Strategy Director. Dervan will be responsible for overseeing and managing the relationships Bacula has with each of its partners, to help them further grow their business and deliver Bacula's value to customers. Dervan will increase Bacula's ability to adapt to changing market conditions, customer needs and partner feedback, as, in turn, it introduces its partners to increasingly large projects that need Bacula's high security protection and performance. “Phil's ability to constructively collaborate with technology partners, create and execute joint strategies and initiatives come at an exciting time for Bacula, when its highly secure backup and recovery software is increasingly being adopted by large enterprises with demanding IT environments. Having the right strategic partners can help Bacula bring even more value, especially in the areas of scalable storage, systems integration and high-performance Cloud providers" said Gopal RajGuru, CEO of Bacula Systems SA. "Bacula provides the missing link that storage providers and systems integrators need to provide their customers with a truly scalable, secure and resilient backup and recovery solution", said Dervan. "Other backup vendors may be effective in straightforward IT environments, but as soon as it gets complicated, more enterprise-grade and customizable software is needed. That's where Bacula comes in", said Dervan. Dr. Philip Dervan has held roles in Pre-Sales, Global Product Management Sales Operations, Partner Strategy, Partner Business Development and Solution Management positions. In 2002, Phil relocated to the USA from his native England, and lives in the greater Boston area. Phil worked at SAP for 23 years. Prior to SAP, Phil has more than 15 years of expertise in various line of business roles, as well as in strategic roles at Pirelli in the UK and in Italy. Phil holds an MBA and a PhD from the University of Southampton in the UK. Bacula’s customers include NASA, Warner Bros. Discovery, and Navisite. About Bacula Systems: Bacula Enterprise Edition is a highly scalable backup and recovery software for large organizations, data centers and MSPs. www.baculasystems.com Contact Details Rob Morrison rob.morrison@baculasystems.com +41 21 641 60 80 rob.morrison@baculasystems.com Company Website https://www.baculasystems.com/

May 13, 2024 06:27 AM Eastern Daylight Time

Utilities Sector ETF XLU Top Holdings

Select Sector SPDR

The Utilities Select Sector SPDR Fund ( XLU ) top holdings provide valuable insights into the key assets that constitute the fund's portfolio, offering investors a comprehensive view of its composition. XLU's Key Assets The top 10 holdings* of the Utilities sector ETF, XLU, include key players in the industry. The holdings are led by NextEra Energy at 13.93% of the ETF, followed by Southern Co. at 8.13%, Duke Energy at 7.68%, Constellation Energy at 6.02%, American Electric Power Co. at 4.59%, Sempra Energy at 4.57%, Dominion Energy at 4.32%, Exelon Corp. at 3.79%, PG&E Corporation at 3.70%, and Public Service Enterprise Group at 3.49%. These top holdings collectively represent 60% of the total assets within XLU. Boasting more than $16 billion in assets and a low total expense ratio of just 0.09%**, XLU offers a convenient gateway to this essential industry. XLU’s holdings provide investors seeking transparency and clarity regarding the composition of a fund that exclusively invests in utilities. By providing daily detailed information on its top holdings, XLU aims to enhance investor confidence and facilitate informed decision-making within the utilities sector. Investors and industry observers are encouraged to leverage this information to gain comprehensive insights into XLU's underlying holdings, enabling a deeper understanding of the intricacies of ETFs and mutual funds within the utilities sector. Decoding XLU's Investment Strategy XLU maintains a focused investment approach tailored to the unique dynamics of the utilities industry. The companies included in this fund are crucial to driving our economy forward, making the utilities sector an essential area of focus. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 4/30/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007510 EXP 7/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

May 13, 2024 05:00 AM Eastern Daylight Time