Business Wire

Intelligent Fingerprinting’s Simple Saliva-based COVID-19 Test Now CE Marked and Available for Sale

  • Saliva-based approach revolutionises COVID-19 lateral flow testing, with easier test suitable for vulnerable and younger people
  • Ready to support COVID-19 testing in schools, workplaces, universities, care homes, healthcare and public events
  • Cambridge, UK manufacturing facility set to produce four million tests per month
  • Read full press release or watch video

LONDON–(BUSINESS WIRE)–#carehomesIntelligent Fingerprinting has announced that its saliva-based COVID-19 test now carries CE marking and is available for sale. The new VSS-GP COVID-19 Saliva Test uses a simple swab to collect saliva from just inside the cheek, providing a much easier alternative to current throat and nose tests that can cause gagging, sneezing or distress during sample collection.


Easier, more comfortable COVID-19 testing

Intelligent Fingerprinting’s reliable and easy-to-use saliva-based lateral flow test supports frequent COVID-19 testing for applications including schools, workplaces, care homes, healthcare, airports, sports events, concerts and prisons.

Keeping plastic usage to a minimum

The Intelligent Fingerprinting COVID-19 test strip uses minimal plastic. It has none of the plastic housing usually associated with lateral flow tests, helping to significantly reduce its environmental impact. The test strip is around 95% lighter than traditional lateral flow devices, reducing the environmental impact of packaging and transportation.

Intelligent Fingerprinting’s Executive Chairman, Philip Hand: “Regular COVID-19 testing continues to be part of our everyday lives, so it’s essential that we make the whole process as simple and comfortable as possible. Our saliva-based test directly addresses this challenge, combining much simpler sample collection with high levels of accuracy. I’m delighted that our test is now CE marked, and we anticipate strong demand from markets around the world.”

How it works

A swab is used to collect the saliva sample from the inside of the lower cheek, which is then mixed with a reagent buffer that has been pre-added to the collection tube in order to release the virus into the solution. The screening test is performed by inserting the tip of the test strip into the sample, providing a positive or negative result at 20 minutes. No instrumentation is required. The test uses gold immunonanoparticle technology to enable the visual detection of bound antigen via a control line and a red line on the test strip when a saliva sample is positive for the SARS-CoV-2 antigen.

Contacts

Cheryl Billson
cheryl.billson@commacomms.com
+44 (0)7791 720460

iBASIS Wins Best Global Wholesale Carrier – Voice at the Global Carrier Awards 2021

LEXINGTON, Mass.–(BUSINESS WIRE)–#awardsiBASIS, the leading provider of communications solutions for operators and digital players worldwide, won Best Wholesale Global Carrier – Voice 2021 at the 17th edition of the Global Carrier Awards (GCAs) held during Capacity Europe in London, U.K.

Commending the greatest accomplishments in telecom, tech, and ICT space, the win recognizes iBASIS’ transformation under the leadership of Alexandre Pébereau, its Chief Executive Officer. In 2019, Pébereau also received the GCA for Best Strategic Acquisition of SFR ICS from the Altice Group and iBASIS from Royal KPN. The company received four additional Global Carrier Awards, including Best Strategic Acquisition of NOS International Carrier Services (NOS ICS) in 2020.

“It is remarkable that iBASIS is being recognized as it celebrates the 25th anniversary of its launch of VoIP. Then, live calls on the Internet seemed impossible. Today, the transformation of Tier 1 voice services depend on the very same platform,” comments Pébereau. “This win is recognition and validation from our peers that we need to continue on the independent and entrepreneurial path we launched three years ago.”

Through five acquisitions and their rapid integration, iBASIS has successfully carved out international Tier-1 voice traffic, optimized it on its own independent digital platform, which it keeps investing in to hopefully become as revolutionary as VoIP once was.

“iBASIS won today thanks to its customers’ trust, partners’ quality commitment, and the dedication of its global team. Our industry counts on us for performance, innovation, and for the success of their digital future,” adds Pébereau.

With 35 categories, the Global Carrier Awards are the most prestigious program in wholesale telecoms and connectivity. Chaired by Carl Roberts, partner at Hadaara Consulting, a panel of 25 judges recognizes the best and most innovative players by region, specialty, and industry sector.

ABOUT iBASIS

iBASIS is the leading communications solutions provider enabling operators and digital players worldwide to perform and transform. Powered by Tofane Global, iBASIS is the first independent communications specialist, ranking third largest global wholesale voice operator, Top 3 LTE IPX vendor with 700+ LTE destinations, and a leading Carrier Cloud Communications player and IoT solution provider. iBASIS provides the end-to-end Global Access for Things™ connectivity solution, delivering single source cellular IoT access (LTE, LTE-M and NB-IoT) worldwide provisioned through GSMA-standard eSIM/eUICC technology. iBASIS today serves 1,000+ customers across 18 offices worldwide. For more information, please visit iBASIS.com.

Contacts

Media

iBASIS

Melissa Coffman

26FIVE Tech Lab

+1 202.251.1793

iBASIS@26FIVE.com

Amine Nedjai appointed CEO of Alpha Blue Ocean family-office

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Alpha Blue Ocean, the family-office founded by Pierre Vannineuse, is pleased to announce the appointment of Amine Nedjai as Chief Executive Officer, following the unanimous decision of the board. This objective of this change is to foster a new phase of development for Alpha Blue Ocean group. Pierre Vannineuse and Hugo Pingray will leave their positions as CEO and COO and will take on the roles of CIO and Co-CIO respectively.


Amine Nedjai started his career at Bloomberg LP. Two and a half years later, he joined Alpha Blue Ocean as an analyst helping partners to develop leads, and structure and execute transactions for listed companies.

Within one year, he was promoted to Senior Financial Advisor for Investments & Acquisitions and was responsible for structuring and executing deals for the group and partners.

In particular, he helped to drive the rapid expansion of ABO’s global presence by signing contracts in new countries such as Canada, Singapore, Spain and Poland, and executed more than €600 million in new financing commitments for companies around the world.

Pierre Vannineuse, Founder of Alpha Blue Ocean : “Amine has been with us since the very beginning. I knew more or less immediately that he would take the reins of the company and thus allow us, owing to his meticulous approach and the respect he inspires in the teams and our partners, to enter a new phase in our development. As far as I am concerned, I am handing over the operational side of the office in complete peace of mind. It allows Hugo and I to devote ourselves to new projects”.

Amine Nedjai, CEO of Alpha Blue Ocean : “I am truly grateful to Pierre. He taught me a great deal and, by handing me the baton, has given me his highest vote of confidence. I would also like to thank Hugo Pingray and Amaury Mamou-Mani for this appointment. In fact, we intend to maintain their outlook for the business and the methods that have made us successful over the past four years. However, we will not rest on our laurels as we aim to conquer new markets”.

Created in 2017, Alpha Blue Ocean is a pioneer and leading stakeholder in alternative finance in Europe, particularly in the medical innovation sector. Over a four-year period, the group founded by Pierre Vannineuse has deployed over €1.2 bn, 60% of which in the Health & Innovation segments.

For any further information or requests for an interview with a manager at Alpha Blue Ocean, please contact the press department: pr@abo.co

About Alpha Blue Ocean

Created in 2017 by Pierre Vannineuse, Hugo Pingray and Amaury Mamou-Mani, Alpha Blue Ocean is a young, dynamic family office that aims to revolutionize the financial sector by proposing innovative solutions that are constantly evolving.

Alpha Blue Ocean uses a direct, rational and efficient approach to offer alternative financing solutions. In other words, it provides flexible solutions for listed companies, also known as private investments or PIPEs (Private Investments in Public Equity).

Alpha Blue Ocean has a global presence and its investments in France include Erytech, Pharnext, AB Science, Europlasma, Safe Orthopaedics, Voluntis and DBT (Douaisienne de Basse Tension), amongst others.

The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.

Contacts

Rajae Elantari

pr@abo.co

Gensource Potash Announces Confirmation of Intention to List Its Shares on London Stock Exchange’s AIM Market

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE OR SUBSCRIPTION IN ANY JURISDICTION.

SASKATOON, Saskatchewan–(BUSINESS WIRE)–Gensource Potash Corporation (“Gensource” or the “Company”) (TSXV: GSP), a fertilizer development company focused on sustainable potash production, today is pleased to announce its intention to seek admission of its common shares (the “Common Shares”) to trading on the London Stock Exchange’s AIM market (“AIM”), subject to finalization of the requisite documentation (the “Admission”). The Company expects that Admission will become effective early November. This will result in the Common Shares being “dual listed” on the AIM and the TSX Venture Exchange (the “TSXV”).

The Company is seeking the Admission, in addition to its current listing on the TSXV, to take advantage of exposure to the United Kingdom and European financial markets and the increased liquidity expected with an additional listing on AIM. With Gensource’s relationship with the off-taker for the Tugaske potash project of the Company (the “Tugaske Project”), HELM AG (“HELM”), headquartered in Germany and its two mandated lead debt arrangers, KfW IPEX-Bank and Société Générale (see Gensource news release dated September 23, 2021 for the latest information on debt financing for the Tugaske Project), also both headquartered in Europe, the Tugaske Project has generated interest from UK and European investors. Additionally, the Company’s business plan of building future potash production modules around the world lends itself to obtaining increased liquidity through the global reach of an AIM listing.

Michael Ferguson, CEO of Gensource, commented: “We are delighted to announce our intention to list Gensource on the London Stock Exchange’s AIM market, facilitating the opportunity for stakeholders and interested parties to invest in a high margin, de-risked, long life and sustainable project that sets a new direction in a staid industry.

“Our vertical integration model will enable all production capacity to be directed and pre-sold to a specific market which will assist us in reducing market-side risk. For our Tugaske Project, we plan to deploy this model through our offtake agreement with HELM. Technical innovation is another key component of our business model and allows for a modular and economic potash production facility that we anticipate will demonstrate superior efficiency and environmental leadership within the potash industry. By using selective solution mining techniques, salt tailings will be entirely avoided, negating the largest decommissioning risk for any potash project. Because there are no salt tailings, the corresponding brine ponds are also eliminated, allowing the Tugaske Project to avoid the single largest negative environmental impact of potash mining.

“We very much look forward to this exciting new phase, which we believe will provide us with greater visibility and opportunity for growth as we build our market share.”

Tugaske Project

The Tugaske Project will be the first potash project of its kind; utilizing innovative, sustainable production methods that are environmentally sound and socially responsible. The Tugaske Project will have a decreased physical footprint relative to conventional potash mining, resulting in less impact on air, water and land. Gensource’s vertical integration with the potash market also sets it apart and helps ensure that all production capacity is pre-sold, which supports a significantly de-risked business model, greatly reducing market-side risk.

Tugaske Project is “shovel ready”

The Company has already achieved key milestones at its Tugaske Project in Saskatchewan, a tier 1 mining jurisdiction. Key permits are in place (namely the determination of “not a development” by the Saskatchewan Ministry of Environment and the approval of a development permit by the local government at the location of the Tugaske Project, the RM of Huron No. 223), meaning the Company’s development partners are ready to commence construction permitting (subject to the completion of debt financing discussed below, and other conditions) and initiation of construction activities. The Tugaske Project’s Proven and Probable Mineral Reserve of over 14.1 million tonnes (reference the Company’s NI 43-101 Technical Report dated October 14, 2021, available on sedar.com or on the Company’s website) indicates a minimum expected mine life of more than 56 years, based on annual production of 250,000 tonnes of saleable muriate of potash.

Debt financing secured for the Tugaske Project

As disclosed on September 23, 2021, the Company received binding commitment letters subject to certain conditions from KfW IPEX-Bank and Société Générale (the “Mandated Lead Arrangers”), for a debt facility of up to $280 million to finance the debt component of the Tugaske Project. The commitment from the Mandated Lead Arrangers highlights a strong endorsement for the Tugaske Project and signifies an appetite for the Company’s sustainable business model. Notably, KfW has substantial experience financing fertilizer development projects globally.

Tugaske Project activities have begun

Initial Tugaske Project activities, including project team formation and ramp up, additional procurement work for key supply contracts, confirmation of capital and operating cost estimates, confirmation of overall project schedule, etc., have already kicked off with the Company’s engineering and construction partners in Saskatoon. These initial project start-up activities are financed by an unsecured debt facility provided to KClean Potash Corporation (the joint venture corporation that is planned as the vehicle that will construct and own the Tugaske Project) by HELM AG. The provision of this initial funding is a strong show of support for the Tugaske Project by its off-taker and future equity partner (see Gensource news release dated September 2, 2021 for background on KClean Potash Corporation). The initial project activities currently underway are expected to take 4-5 months to complete.

About Gensource

Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a small and economic potash production facility, that demonstrates environmental leadership within the industry by using significantly less water per tonne compared to conventional solution mining operations, producing no salt tailings, therefore eliminating decommissioning risk, and requiring no surface brine ponds, thereby removing the single largest negative environmental impact of potash mining.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

This news release may contain forward looking information and Gensource cautions readers that forward- looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain “forward-looking statements”, which often, but not always, can be identified by the use of words such as “believes,” “anticipates,” “expects,” “estimates,” “may,” “could,” “would,” “will,” or “plan.” These statements are based on information currently available to Gensource and Gensource provides no assurance that actual results will meet management’s expectations.

Forward looking statements include estimates and statements with respect to Gensource’s future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including the AIM listing, the proposed financing of the Tugaske Project and the development of the Tugaske Project and other projects by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to the success of the Tugaske Project and the financing of the Tugaske Project could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive joint venture agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource’s activities; an inability to predict and counteract the effects of COVID-19 on the business of Gensource, including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, failure to obtain required regulatory approvals; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource’s forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource’s forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.

Contacts

Gensource Potash Corporation

Mike Ferguson, President & CEO

mike@gensource.ca

Beckley Psytech Announces First Cohort Dosed in Phase 1 Clinical Trial Assessing Safety and Tolerability of Intranasal 5-MeO-DMT

  • Phase 1 trial is evaluating the safety and tolerability of a novel formulation of intranasal 5-MeO-DMT
  • Study will measure detailed pharmacokinetics and metabolism of 5-MeO-DMT in healthy volunteers
  • Preliminary data, expected H1 2022, to support Phase 2 study designs investigating the use of 5-MeO-DMT in treatment resistant depression (TRD) and other neuropsychiatric indications

OXFORD, England–(BUSINESS WIRE)–Beckley Psytech, a private company dedicated to addressing neurological and psychiatric disorders through the novel application of psychedelic medicines, announced that the first cohort of volunteers has been dosed in a clinical trial exploring the safety of Beckley Psytech’s novel formulation of intranasal 5-Methoxy-N,N-Dimethyltryptamine (5-MeO-DMT).

The Phase 1 study is designed as a double-blind, randomised, single ascending dose study to evaluate the safety and tolerability of a single intranasal dose of 5-MeO-DMT in psychedelic-naïve healthy subjects. This is the first clinical study to measure the pharmacokinetics and metabolism of 5-MeO-DMT delivered intranasally.

The study will recruit up to 42 participants (dependent on response) in 6 cohorts of 7 volunteers on increasing doses of 5-MeO-DMT. Blinded data from the study will be used to inform the planned Phase 2 study dose and design in H1 2022. The trial is being conducted as part of Beckley Psytech’s ongoing collaboration with King’s College London and is being led by Dr James Rucker.

James Rucker, Clinician Scientist and Principal Investigator of the study, the Institute of Psychiatry, Psychology & Neuroscience at King’s College London, said: “We are pleased to be working with Beckley Psytech and to have initiated this study to evaluate the safety and tolerability of 5-MeO-DMT. TRD is a challenging condition to treat, and it is exciting to be exploring new treatment options that could have a positive impact on patients’ lives in the future.”

Cosmo Feilding Mellen, CEO of Beckley Psytech, said: “The start of this Phase 1 study is hugely exciting for Beckley Psytech and for our continued collaboration with Dr James Rucker and his team at King’s College London. This trial will provide invaluable information about our novel intranasal formulation of 5-MeO-DMT, and we are looking forward to the readout in 2022. Following this trial, we intend to initiate a Phase 2 study in TRD, a condition with a significant unmet medical need. This is another key milestone achieved on our path to deliver on our clinical pipeline.”

Phase 1 study overview

The Phase 1 study is a double-blind, randomized, single ascending dose trial, with psychedelic-naïve subjects. The study will enrol up to 42 volunteers to evaluate the safety, tolerability, and pharmacokinetics of single ascending intranasal doses of 5-MeO-DMT. The trial will also look to characterise the psychedelic experience of the subjects, with interviews carried out by a specialist.

More information about the trial is available on www.clinicaltrials.gov (NCT05032833)

Beckley Psytechwww.beckleypsytech.com
Beckley Psytech is a clinical stage privately held company dedicated to helping patients suffering from neurological and psychiatric disorders by developing a broad pipeline of psychedelic compounds in rare and more common diseases. Our vision is for clinically validated psychedelic medicines to be integrated into modern medical practice in order to help patients with high unmet medical need around the world, suffering from Short-lasting unilateral neuralgiform headache attacks (SUNHA), treatment resistant depression and other profoundly debilitating conditions. Beckley Psytech was founded in 2019 leveraging some of the expertise developed over more than 20 years by the Beckley Foundation, an independent non-profit and world leader in psychedelic medicine research, and is based out of Oxford, United Kingdom.

Contacts

Beckley Psytech
Cosmo Feilding Mellen

Chief Executive Officer

info@beckleypsytech.com

Communications
FTI Consulting

Ben Atwell / Mike Trace

+44 (0)20 3727 1000

beckleypsytech@fticonsulting.com

Investor Relations
LifeSci Advisors

Guillaume van Renterghem

+41 76 735 01 31

gvanrenterghem@lifesciadvisors.com

Juniper Research: Roaming Revenue Losses to Surpass $2 Billion Globally by 2026; Necessitating New Clearing Processes for Operators

BASINGSTOKE, England–(BUSINESS WIRE)–#clearingservices–A new Juniper Research study has found operators will lose around $484 million in roaming revenue from the misidentification of roaming data traffic this year. These losses are expected to rise to $2.1 billion by 2026; representing absolute growth of 331%. The report found the inability to distinguish between 4G and 5G data traffic using current standards will result in greater losses as the travel industry returns to pre-pandemic levels and 5G adoption increases.

In response, the new research, Data & Financial Clearing: Emerging Trends, Key Opportunities & Market Forecasts 2021-2026, cited the support by operators for the BCE (Billing & Charging Evolution) protocol as being a key strategy to minimise the extent of revenue leakage. BCE is an end-to-end industry-wide standard defined by the GSMA that introduces new capabilities that identify roaming data traffic over different network technologies.

For more insights, download our free whitepaper: Mobile Roaming & the $2 Billion Revenue Leakage Problem

5G Roaming to Drive Roaming Market Evolution

This issue of misidentifying roaming data will only be exacerbated by the rising number of 5G subscribers roaming internationally. The report forecasts there will be over 200 million 5G roaming connections by 2026; rising from 5 million in 2021. This growth is driven by increasing 5G adoption and a return to pre-pandemic levels of international travel. In response, it urges operators to identify emerging areas of potential revenue leakage by leveraging machine learning in roaming analytics tools to efficiently assess roaming behaviour and data usage.

In addition, the report found to effectively mitigate the growing complexity of clearing processes arising from increased demand for data when roaming, operators must move away from established roaming clearing practices in favour of BCE.

Research author Scarlett Woodford remarked: “By combining BCE with AI-enabled roaming analytics suites, operators will be ideally positioned to deal with the rise in roaming data. Separating roaming traffic by network connectivity is essential to allow operators to charge roaming partners based on latency and download speed, and maximise overall 5G roaming revenue.”

Data & Financial Clearing market research: https://www.juniperresearch.com/researchstore/operators-providers/data-financial-clearing-research-report

Download the whitepaper: https://www.juniperresearch.com/whitepapers/mobile-roaming-the-$2-bn-revenue-leakage

Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

Contacts

Sam Smith, Press Relations

T: +44(0)1256 830002

E: sam.smith@juniperresearch.com

Sysnet Global Solutions® Acquires SecureTrust™, a Division of Trustwave®, to Expand Security Solutions and Geographic Coverage

Acquisition expands Sysnet’s commitment to delivering cyber security and compliance solutions to organizations globally; the combined organization will be world’s largest QSA company

DUBLIN & CHICAGO–(BUSINESS WIRE)–Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, today announced that it has acquired SecureTrust, a division of Trustwave, to further expand its cyber security solutions and accelerate its market expansion. SecureTrust, a leading provider of Payment Card Industry (PCI) compliance, provides innovation and processes for achieving and maintaining compliance and security. SecureTrust has over 20 years of experience providing solutions to customers in over 96 countries and is headquartered in Chicago, IL.

Sysnet is focused on delivering integrated compliance and security solutions to businesses globally. The addition of SecureTrust is a natural fit that broadens Sysnet’s customer base, security offering, and geographic coverage – augmented by proprietary security and compliance platforms. As a result of this acquisition, the combined organization will be the world’s largest Qualified Security Assessor (QSA) company and one of the largest providers of compliance and security solutions, with many of the world’s top acquirers and payment service providers as clients and over five million businesses using Sysnet’s platforms.

SecureTrust clients moving under Sysnet will benefit significantly from the new solution set, delivery team, and geographic coverage that will be unmatched in the market. They will have access to an integrated security and compliance platform with enhanced functionality and faster access to newly developed solutions. Sysnet’s dedication to providing premium solutions and support will give its new clients confidence that their changing needs will be met and exceeded into the future.

The emergence of new and advanced threats and the proliferation of complex cloud adoption over the past five years have driven Trustwave to rapidly grow and evolve its offering alongside client needs. While Trustwave’s legacy is rooted in PCI compliance, today the company’s core offering is centered around Managed Security Services (MSS), Managed Detection and Response (MDR), and Consulting and Professional Services (CPS). As a result, the services that SecureTrust provides are no longer closely aligned with Trustwave’s growth focus. Over the years, SecureTrust has worked to build a brand and culture that is distinctly its own and separate from Trustwave. Trustwave is immensely proud of this distinction, and this sale is the next phase in the separation process. As part of this transaction, Sysnet is also purchasing a portion of Trustwave’s MSS business primarily focused on the hospitality sector, further augmenting its existing MSS offering, which it already enhanced earlier this year with the acquisition of NuArx.

“We are very excited to have the SecureTrust team join Sysnet Global Solutions,” commented Bob McCullen, Chief Executive Officer of Sysnet. “The Sysnet brand has long been synonymous with trusted solutions in the managed security and compliance market. By integrating talent and technology from pioneering brands, such as SecureTrust, into our portfolio, we can deliver the innovation that our clients need to stay ahead of the curve along with the peace of mind that comes with working with a well-established authority in the space, no matter their size or requirements.

“This business shift will allow Trustwave to rapidly accelerate its momentum as a leader in managed detection and response, world-class professional services, and data protection,” said Eric Harmon, Chief Executive Officer of Trustwave. “Trustwave clients will benefit from a narrowed focus on the offerings that matter most to them. This will translate to more innovations across our industry-leading client services and targeted investment in emerging technologies and world-class talent. We value the partnership and synergy that we’ve had with the SecureTrust team and look forward to their success and future with Sysnet.”

Sysnet’s acquisition of SecureTrust is the latest in a series of the company’s acquisitions over the last 12 months. Sysnet acquired ControlScan MCS and Viking Cloud in late 2020 and NuArx earlier this year. The combined organization creates a scalable platform for next-generation cyber defense with security consulting services delivered by the industry’s leading experts.

Sysnet is backed by FTV Capital and True Wind Capital.

The Sysnet team was assisted in the transaction by Willkie Farr & Gallagher.

Trustwave utilized Jones Day as legal advisors.

About Sysnet

Sysnet Global Solutions provides end-to-end security and compliance solutions to businesses all around the globe. We deliver cutting-edge ways to secure networks, maintain compliance, and complete assurance testing and assessments. Our award-winning Sysnet.air® platform is used by over five million merchants through partnerships with many of the world’s leading acquirers and payment service providers. Our Asgard Platform™ processes more than a billion security events daily to provide real-time intelligence to an organization’s cyber risk posture. Our expert team combined with innovative technology gives businesses of all sizes access to enterprise-grade security and compliance solutions needed to stay ahead of the ever-changing threat landscape. Headquartered in Dublin, Ireland, Sysnet has clients in more than 60 countries worldwide. For more information visit www.sysnetgs.com.

About Trustwave

Trustwave is recognized as a global security leader in managed security services (MSS) and managed detection and response (MDR). With more than 2,000 world-class security professionals operating on behalf of clients across 96 countries, Trustwave helps organizations across the globe detect and respond to threats 24×7 in the hybrid multi-cloud world. The elite Trustwave SpiderLabs team provides award-winning threat research and intelligence, which is infused into Trustwave services and products to fortify cyber resilience in the age of advanced threats. Trustwave is a Singtel company and the global security arm of Singtel, Optus and NCS. For more information, visit www.trustwave.com.

Contacts

Media

Sysnet Global Solutions
Sandra Higgins

Chief Marketing Officer

Sandra.Higgins@sysnetgs.com
+353 (0)1 495 1300

Trustwave
Edward Fernandez

Senior Manager, Public Relations

Edward.Fernandez@trustwave.com

CORRECTING and REPLACING Idomoo Signs Six New Insurance Carriers, Expanding Relationships With Other Market Leaders

 

NEW YORK–(BUSINESS WIRE)–Please replace the release dated October 21, 2021 with the following corrected version due to multiple revisions.

The updated release reads:

IDOMOO SIGNS SIX NEW INSURANCE CARRIERS, EXPANDING RELATIONSHIPS WITH OTHER MARKET LEADERS

Personalized video company Idomoo today announced the signing of two top 10 U.S. insurance carriers to its Next Generation Video Platform, joining four other carriers who signed earlier this year. These new deals follow Idomoo’s award-winning work with Europe’s largest insurance carrier, who also expanded its relationship with the company this year, committing to additional campaigns covering millions of customers.

The insurance industry is taking note of the increasingly digitized world. Many of today’s leading insurers are now using Idomoo Personalized Video to effectively communicate with their customers, driving satisfaction and sales. Personalized Video insurance campaigns have resulted in a 30% boost in retention and an 8x lift in conversions.

This year, insurance providers such as 21st Century Insurance, Amica Mutual Insurance and Travelers partnered with Idomoo to embrace Personalized Videos as part of their communications strategy. They join a client roster of more than 20 global insurance brands, including USAA, Zurich, Allianz, SelectHealth, AXA, Bupa, Liberty Mutual and AAA. The tech company also branched into new insurance verticals this year, ranging from pet insurance to professional liability coverage.

Personalized Video supports clear, 1:1 communication at every stage of the insurance customer journey, from acquisition to onboarding to retention. For example, when onboarding a client, a data-driven video can break down the details of that specific customer’s policy, proactively answering the most common questions carriers face from policyholders. As a result, Idomoo Personalized Video has reduced staffing needs for call centers by 25%.

“We’ve always been actively involved in customer communications for the insurance industry, but we’re excited to see so much growth this year,” said Idomoo CRO Yaron Dishon. “Clients are exploring new uses for data-driven video, such as personalized quote follow-ups that have increased policies sold by as much as 40%.”

About Idomoo

Idomoo pushes the limits of what video can do by harnessing the power of data to deliver exceptional customer experiences. Its fully open Next Generation Video platform renders cinematic quality videos at scale in up to 100x real time. This 1:1 digital communication is proven effective, sparking 8x conversions, 5x engagement and up to 7x ROI. Clients include global leaders like JP Morgan Chase, Google, USAA, Oracle and Ubisoft. For more information, visit www.idomoo.com.

Contacts

Hollis Guerra

DBC for Idomoo

hguerra@daddibrand.com
805-403-0705

Eat Well Group Announces Results of Annual General Meeting

The Company has released the results of its annual general meeting held on October 20, 2021, with all items approved.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia–(BUSINESS WIRE)–Eat Well Group (CSE:EWG) (OTC:EWGFF) (FRA:6BC0), (the “Company” or “Eat Well Group”) has released the results of its annual general meeting (“AGM”) held on October 20, 2021. The Company further announces the appointment of Mathew Fish and Desmond Balakrishnan to the Board of Directors of Eat Well.

Marc Aneed, President of Eat Well, stated: “On behalf of the board of directors we would like to thank our shareholders for their continued support, and we are pleased to welcome both Matthew Fish and Desmond Balakrishnan as independent directors to the Eat Well Board.”

AGM Results

The Company’s shareholders voted in favour of all items of business brought forward at the AGM, being:

  • Setting the number of directors for the ensuing year at six persons.
  • Electing Marc Aneed, Nick Demare, Daniel Brody, Nick Grafton and Desmond Balakrishnan and Matthew Fish (new) as directors of the Company.
  • Re-appointing Davidson & Co as the Company’s auditors for the ensuing year.
  • Approving the Company’s amended and restated Restricted Share Unit and Stock Option Plan.

New Directors

Desmond Balakrishnan

Mr. Balakrishnan is an experienced capital markets and securities lawyer with extensive experience advising clients in the food, beverage, agribusiness, gaming, entertainment, and hospitality sectors. He is one of the leading lawyers in Canada in gaming law and is recognized in numerous legal directories for his work in these industries, most recently legal counsel for Great Canadian Gaming. With a broad scope of expertise, Mr. Balakrishnan advises on private equity investments, public offerings, mergers and acquisitions, and listed company maintenance. He also acts as counsel on new issues and listings on all Canadian stock exchanges and inter-listings with several international exchanges. He is the national leader of McMillan’s gaming group.

Matthew Fish

Mr. Fish is a practicing securities lawyer focused on technology and resource issuers. He has extensive experience with respect to public companies, capital markets and other facets fundamental to issuers in emerging sectors. After beginning his legal career as lawyer working at prominent Toronto law firms, he spent 2 years in-house with a Canadian issuer traded on the CSE. In 2018, Mr. Fish started his law firm, focused on advising public companies on corporate and securities law matters including regulatory compliance, stock exchange listings and risk management. Mr. Fish has acted as officer and director of other publicly and privately held companies and was called to the Ontario Bar in 2012.

David Doherty and Marc Cernovitch did not seek re-election at the Annual General Meeting. The Company would like to thank Mr. Doherty and Mr. Cernovitch for their services.

To learn more, join Eat Well Group’s mailing list for important updates.

ABOUT EAT WELL GROUP

Eat Well Group is a publicly-traded investment Company primarily focused on high-growth companies in the agribusiness, food tech, plant-based and ESG (environmental, social and governance) sectors. Eat Well Group’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current investment mandate on the health/wellness industry. The team has financed and invested in early-stage venture companies for greater than 25 years, resulting in unparalleled access to deal flow and the ability to construct a portfolio of opportunistic investments intended to generate superior risk-adjusted returns.

The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.

Contacts

Eat Well Investment Group Inc.

Nick Demare

ir@eatwellgroup.com
www.eatwellgroup.com

S&P Global and IHS Markit Merger Receives Conditional Approval From European Commission

NEW YORK & LONDON–(BUSINESS WIRE)–S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) today announced that they have received a conditional Phase 1 approval for their $44 billion merger from the European Commission (EC), marking another significant step toward the combination of these highly complementary companies.

“The European Commission’s decision provides clarity on the steps we will need to implement to complete our combination,” said Douglas L. Peterson, President and Chief Executive Officer of S&P Global. “Once concluded, I expect the merger of these two great businesses to accelerate innovation within our core services and generate exciting new opportunities that deliver on our capacity to power the markets of the future.”

“Our teams have been working closely with the relevant regulatory authorities to achieve this important milestone for our merger,” added Lance Uggla, Chairman and Chief Executive Officer of IHS Markit. “Once combined, the new company will deliver a broader set of information and insights that will drive the growth and performance of our customers.”

In response to concerns raised by the EC, S&P Global has committed to divest CUSIP Global Services and its Leveraged Commentary and Data (LCD) business, together with a related family of leveraged loan indices.

As previously announced, the companies have also agreed to divest of IHS Markit’s Oil Price Information Services (OPIS), Coal, Metals and Mining (CMM), and PetroChem Wire (PCW) businesses, and are exploring a divestiture of IHS Markit’s base chemicals business in response to concerns raised by the United Kingdom’s Competition and Markets Authority.

S&P Global and IHS Markit expect the proposed remedies to be sufficient to satisfy global regulators. However, both the merger and the divestitures remain subject to further review and approval by global regulators and antitrust authorities, including in the United States and Canada, and the companies will continue to work constructively with those authorities.

S&P Global and IHS Markit now anticipate closing the proposed merger in the first quarter of 2022, subject to all regulatory approvals and the satisfaction or waiver of specified closing conditions.

Advisors

Goldman Sachs & Co. LLC is serving as financial advisor to S&P Global, and Wachtell, Lipton, Rosen & Katz is serving as legal counsel. Davis Polk & Wardwell LLP is serving as legal counsel for IHS Markit.

About S&P Global

S&P Global (NYSE: SPGI) is the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical business factors. We’ve been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years. Our divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. For more information, visit www.spglobal.com.

About IHS Markit

IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

Forward-Looking Statements:

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, which are based on current expectations, estimates and projections about future business and operating results, the industry and markets in which S&P Global Inc. (“S&P Global”) and IHS Markit Ltd. (“IHS Markit”) operate and beliefs of and assumptions made by S&P Global management and IHS Markit management, involve uncertainties that could significantly affect the financial or operating results of S&P Global, IHS Markit or the combined company. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “will,” “should,” “may,” “projects,” “could,” “would,” “target,” “estimates” or variations of such words and other similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature, but not all forward-looking statements include such identifying words. Such forward-looking statements include, but are not limited to, projections of earnings, statements of plans for future operations or expected revenues, statements about the benefits of the transaction involving S&P Global and IHS Markit, including future financial and operating results and cost and revenue synergies, the combined company’s plans, objectives, expectations and intentions. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to creating value for shareholders, benefits of the proposed transaction to shareholders, employees, customers and other constituents of the combined company, the outcome of contingencies, future actions by regulators, changes in business strategies and methods of generating revenue, the development and performance of each company’s services and products, integrating our companies, cost savings, the expected timetable for completing the proposed transaction, general conditions in the geographic areas where we operate and our respective effective tax rates, cost structure, dividend policy, cash flows or liquidity — are forward-looking statements.

These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in such forward-looking statements. We can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. For example, these forward-looking statements could be affected by factors including, without limitation, risks associated with: (i) the satisfaction of the conditions precedent to consummation of the proposed merger between S&P Global and IHS Markit and the divesture of the OPIS, CMM and PetroChem Wire businesses, including the ability to secure regulatory approvals on the terms expected, at all or in a timely manner; (ii) uncertainty relating to the impact of the proposed merger and divestiture transaction on the businesses of S&P Global and IHS Markit, including potential adverse reactions or changes to business relationships resulting from the announcement or completion of the proposed transaction and changes to existing business relationships during the pendency of the acquisition that could affect S&P Global’s and/or IHS Markit’s financial performance; (iii) the ability of S&P Global to successfully integrate IHS Markit’s operations and retain and hire key personnel; (iv) the ability of S&P Global to implement its plans, forecasts and other expectations with respect to IHS Markit’s business after the consummation of the proposed transaction and realize expected synergies; (v) business disruption following the proposed transaction; (vi) economic, financial, political and regulatory conditions, in the United States and elsewhere, and other factors that contribute to uncertainty and volatility, including the United Kingdom’s withdrawal from the European Union, natural and man-made disasters, civil unrest, pandemics (e.g., the coronavirus (COVID-19) pandemic (the “COVID-19 pandemic”)), geopolitical uncertainty, and conditions that may result from legislative, regulatory, trade and policy changes associated with the current U.S. administration; (vii) the ability of S&P Global and IHS Markit to successfully recover from a disaster or other business continuity problem due to a hurricane, flood, earthquake, terrorist attack, war, pandemic, security breach, cyber-attack, power loss, telecommunications failure or other natural or man-made event, including the ability to function remotely during long-term disruptions such as the COVID-19 pandemic; (viii) the impact of public health crises, such as pandemics (including the COVID-19 pandemic) and epidemics and any related company or governmental policies and actions to protect the health and safety of individuals or governmental policies or actions to maintain the functioning of national or global economies and markets, including any quarantine, “shelter in place,” “stay at home,” workforce reduction, social distancing, shut down or similar actions and policies; (ix) the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; (x) changes in debt and equity markets, including credit quality and spreads; (xi) demand for investment products that track indices and assessments, and trading volumes of certain exchange-traded derivatives; (xii) changes in financial markets, capital, credit and commodities markets and interest rates; (xiii) the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (xiv) the parties’ ability to meet expectations regarding the accounting and tax treatments of the proposed transaction; and (xv) those additional risks and factors discussed in reports filed with the Securities and Exchange Commission by S&P Global and IHS Markit from time to time, including those discussed under the heading “Risk Factors” in their respective most recently filed Annual Reports on Form 10-K and subsequent Quarterly Reports on Form 10-Q. While the list of factors presented here is considered representative, this list should not be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on S&P Global’s or IHS Markit’s consolidated financial condition, results of operations, credit rating or liquidity. Except to the extent required by applicable law or regulation, each of S&P Global and IHS Markit disclaims any duty to update any forward-looking statements contained in this communication or to otherwise update any of the above-referenced factors.

Contacts

Investor Relations:

IHS Markit
Eric Boyer

Tel: +1 303 397 2969

eric.boyer@ihsmarkit.com

S&P Global
Chip Merritt

Senior Vice President, Investor Relations

Tel: +1 212 438 4321

chip.merritt@spglobal.com

Media:

IHS Markit
Sebastian Kadritzke

Tel: + 44 203 159 3283

sebastian.kadritzke@ihsmarkit.com

S&P Global
Ola Fadahunsi

Tel: +1 212 438 2296

ola.fadahunsi@spglobal.com