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BingX CEX lists Milady Meme Coin and others on its trading platform

BingX

SINGAPORE - Media OutReach - 16 May 2023 - BingX, one of the leading cryptocurrency exchanges, has been making waves in the market with its proactive approach to partnering with reputable meme coin projects. The platform has successfully listed several highly regarded meme coins, including FOUR Coin, MILADY Coin and PIZABRC Coin, providing users with exciting trading opportunities. Meme coins have gained significant popularity in recent days as BTC suffers from bears, capturing the attention of crypto enthusiasts worldwide. Recognizing this trend, BingX has actively sought partnerships with credible meme coin projects to offer a diverse range of meme-based cryptocurrencies on its trading platform. By listing these reputable meme coins, BingX aims to cater to the growing demand and provide users with a secure and reliable trading environment. However, BingX emphasizes the importance of responsible investing and urges users to exercise caution when trading meme coins. The volatile nature of these assets and their unpredictable market behavior necessitate users to Do Your Own Research ( DYOR ) before engaging in any investment activities. BingX is committed to empowering users by providing educational resources and promoting responsible trading practices. To ensure the safety of its users, BingX has implemented stringent due diligence procedures and robust risk management protocols. The platform conducts thorough evaluations of meme coin projects before listing them, considering factors such as project credibility, community engagement, and long-term viability. By prioritizing user safety and security, BingX aims to instill confidence in its users when trading meme coins. BingX continues to revolutionize the cryptocurrency trading landscape by introducing reputable meme coins and fostering a community that embraces responsible trading practices. The platform's dedication to user safety and its commitment to staying at the forefront of market trends have solidified BingX's position as a leading cryptocurrency exchange. About BingX Founded in 2018, BingX has grown to become the world's leading social trading platform. It is a global digital asset, spot, and derivatives trading platform that provides a safe, reliable, user-centric, and open ecosystem with intuitive social trading features. BingX offers popular Meme projects spots and derivative trading to more than 100 countries and regions worldwide with over 5 million users. BingX QA is a Q&A engine for trading analysis and investment guidance. Find the latest analysis includes fundamental analysis and price predictions for Milady Coin, Homer Simpson Coin & Sponge Bob Coin Contact Details BingX elvisco@bingx.com Company Website https://bingx.com/en-us/

May 15, 2023 10:32 PM Eastern Daylight Time

Cedrus Group Signs Investment And Advisory Collaboration Agreement With Xiuzheng Pharmaceutical Group

Cedrus Group

BEIJING, CHINA - Media OutReach - 16 May 2023 - Cedrus Group ("Cedrus"), a global Swiss financial group, is pleased to announce that it has signed a collaboration agreement with Xiuzheng Pharmaceutical Group ("Xiuzheng") in March 2023. Xiuzheng is a renowned Chinese pharmaceutical major; namely, it engages in R&D, production and marketing of patent medicine, chemical and biological medicine, franchise operation of pharmacies, and standardized cultivation of Traditional Chinese Medicine (TCM). Xiuzheng owns 130 subsidiaries, employs a workforce of over 100,000 and has more than 2,000 references of medicines and health foods. Central to the collaboration, which jointly aims to assess and conduct direct investments in the life sciences industry, is the eagerness to invest in the world's leading innovators in the sector and become their trusted partner in their expansion into the Greater China Region. Bringing these innovative companies to the region will yield a plethora of benefits for the already highly sophisticated Chinese life sciences sector. Cedrus will leverage its connectivity across the life sciences industry globally, along with its deploying its distinguished investment banking services and capitalizing on its European headquarters in Zurich, to act as a holistic enabler and connector between Xiuzheng and overseas technologies and products in the course successfully executing cross-border transactions. Additionally, Cedrus will advise Xiuzheng in order to establish itself on a global-scale and write further chapters in its success story. In addition to investment, Xiuzheng will provide valuable support to the opportunities brought to China, namely in the form of clinical trials advisory, access to manufacturing partners and utilizing its experienced work force to market and distribute products. For over a decade, Cedrus has been actively engaged in bringing foreign innovative technologies, products and treatments from across the life sciences space, in particular from Switzerland and other European countries to the Greater China region. Cedrus, in its capacity as an investor and advisor, identifies visionary companies looking to gain early access to one of the largest pharmaceutical markets in the world and partners with them, offering investment and ongoing advisory in their market entry and growth in China. Mr. Rani Jarkas, Chairman of the Cedrus Group, said that "We are proud to be working closely with Xiuzheng to invest and bring innovative life sciences companies to China. An investment committee has been formed and regular meetings are held to assess to robust pipeline of opportunities. Combining the unique domain expertise of Cedrus and Xiuzheng, we are creating an unparalleled and momentous win-win situation where we bring unique technologies to China and build on the esteemed reputation of our partner Xiuzheng in China and support its transition into a world-class Chinese global pharmaceutical group." About Cedrus Group Cedrus Group is a private Swiss financial group with integrated investment banking and investment capabilities. In addition to offering Private Wealth Management, Investment Management and Financial Advisory Services, Cedrus, through its group companies, invests directly and globally in businesses and projects by leveraging its specific expertise in life sciences, natural resources, nanotech and innovative technologies. Cedrus' Greater China Region headquarters are in Beijing, with European headquarters in Zurich and further offices strategically positioned across the globe. Contact Details Cedrus Group Amy Sin +852 3519 2828 information@cedrusinvestments.com

May 15, 2023 10:00 PM Eastern Daylight Time

Kite Hill PR Reaches 10-Year Milestone

Kite Hill PR

Kite Hill PR, the award-winning agile tech PR and B2B communications agency, celebrates 10 years of business and has been named a Top B2B PR Agency by PR Daily. The award honors agencies that deliver on their promises to clients and raise the bar on effective communications strategies and tactics. The agency credits its success to its award-winning culture of collaboration, which has prioritized and operationalized mentorship. To celebrate this notable business milestone, the agency is launching a “Modern Mentorship” campaign highlighting advice from top female leaders on innovation, agility and collaboration. Helmed by an all-female leadership team, the agency has worked with over 180 clients in the last decade, organized and managed 30+ industry events and won 18 awards for its culture, leadership and the results it drives for clients. The company’s notable organic growth was bolstered by the acquisition of Cutler PR in 2018. With a history of working with tech innovators, the agency’s practice areas currently include adtech, media, B2B tech, healthtech, fintech, climate tech, cybersecurity and mobility. Kite Hill PR’s founding team launched Communications Week® in 2014, a preeminent event created to inspire, inform and connect those in PR and communications, which was acquired by Ragan Communications in 2021. The company’s innovative approach to agile PR, the PR Sprint ® Workflow, was launched in 2018 and the company was awarded a US trademark for this unique approach to managing PR campaigns in 2021. “I attribute our continued success to our culture of innovation, collaboration and learning. Over the last decade, we have focused on supporting our team through robust learning and development resources to fuel growth and encourage innovative thinking,” said Tiffany Guarnaccia, CEO and Founder of Kite Hill PR. “Mentorship plays a huge role in my life and in our agency. In the spirit of collaboration, we’re marking our anniversary by celebrating modern mentorship.” The anniversary video series “Modern Mentorship” highlights perspectives from industry luminaries on mentorship and features reflections from the last decade along with actionable tips for professionals seeking career advice. Interviewees include Janet Balis, Partner, CMO Practice Leader - Business Transformation, EY; Shannan Herbert, EVP, Inclusive Credit; Tameka Kee, Deputy Managing Director, Coalition for Innovative Media Measurement; Bonnie Kintzer, President and CEO, TMB; Linda Ong, CEO and founder, CULTIQUE; Tiffany Ricks, CEO, HacWare; Diane Schwartz, CEO, Ragan Communications; Patrice Tanaka, founder, Joyful Planet; Tonia Wellons, President and CEO, Greater Washington Community Foundation and Lisa Marrocchino, CEO of Proteus Ocean Group. Videos will be released on the Kite Hill PR website, LinkedIn and YouTube today through July 2023. “As we continue to shape a best-in-class work from anywhere culture, we have operationalized our L&D program to make mentorship a part of our DNA. We cultivate peer-to-peer relationships based on various parameters, encourage reverse mentoring, and create opportunities for department levels to problem solve and learn from one another,” said Guarnaccia. “The campaign is a natural extension of Kite Hill PR’s ethos as we seek to strengthen the PR industry at large and empower the next generation of leaders.” To learn more about Kite Hill PR’s unique approach to mentorship and its Modern Mentorship campaign, visit https://www.kitehillpr.com/modern-mentorship Headquartered in New York City with team members in the UK and across North America, Kite Hill PR is a leading B2B communications and agile tech PR agency with practice areas in adtech, martech and creative agencies; B2B and enterprise tech; climate tech; cybersecurity; fintech; healthtech; media and entertainment and mobility. The company's winning approach combines thought leadership, strategy and media relations to drive clients' businesses forward. Kite Hill PR has been recognized as one of the "Top Tech Specialist PR Agencies in NYC,” “Most Powerful PR Firms,” and a “Top 50 PR Firm in America” by the Observer, a “Best Place to Work” by PR News and one of "America's Best PR Agencies" by Forbes Contact Details Kite Hill PR Kerriann Becker kerriann@kitehillpr.com

May 15, 2023 10:31 AM Eastern Daylight Time

How Does A Tweet Affect Your Business? FiscalNote’s (NYSE: NOTE) Aicel Technologies Can Tell You

Benzinga

By Jad Malaeb, Benzinga Turning abstract and unstructured data into actionable information can feel like a monumental task, yet it often has a great effect on businesses. “Reputation,” for example is an abstract concept that will likely generate a different definition depending on who you ask, but its impact is so important that it is included in financial statements like balance sheets (in the form of Goodwill and other designations). Similarly, sentiment, another valuable abstraction created from Tweets, “Reddit Storms” and Facebook groups, can often lead to a significant impact on businesses, generating trends, spending sprees and brand loyalty that translate into profits. But interpreting this information is a difficult task and using it to generate actionable insights is even more challenging. When trying to figure out how unstructured data affects one’s business and surroundings, it’s often best to consult experts. As a technology company specializing in the analysis and tracking of legislation and regulations in the U.S. and abroad, FiscalNote Holdings Inc. (NYSE: NOTE) is a preferred destination for some of the biggest organizations in the world, including the U.S. government itself – and its latest acquisition can help make sense of the flow of social media information and other unstructured data to get the most value from it. Interpreting Unstructured Data Using FiscalNote’s Aicel Technologies Recently, FiscalNote acquired Aicel Technologies, a rapidly-growing alternative data company based in Seoul, South Korea. Aicel processes both proprietary and licensed data, including trade and export information, patent filings and aggregated consumer and retail transactions, on a subscription basis for customers such as asset management companies, multinational corporations, hedge funds and investment firms. In the complicated task of turning abstractions into actionable data, Aciel is a specialist. The company uses advanced technology to collect, refine, process, and deliver tailored data to customers while also powering a data exchange marketplace through its Data-as-a-Service model. As an alternative data platform, Aicel allows users to capture value and insight from unstructured data, helping blue-chip customers like hedge funds, asset managers and quant firms capture alpha-generating opportunities. Aicel will augment FiscalNote's existing AI data products, including FiscalNote AI Solutions, DataHunt, and Predata, and its growth strategy by expanding alternative data sources, deepening expertise in sophisticated artificial intelligence, data transformation, data ingestion, and API development. The combination of Aicel with FiscalNote will accelerate the continued expansion of its customer base and revenues through a strong network of established partners, as well as sales and marketing relationships with leading firms. Whether it’s Tweets, blog posts, market prices, user information or consumer trends, FiscalNote’s newly acquired tool, Aicel, will sift through a myriad of seemingly nonsensical data and provide users with a structured, insightful path to capturing business opportunities. Click here for more. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 15, 2023 10:15 AM Eastern Daylight Time

Kaleidoscope Launches Full-Service Scholarship Funds Disbursement Platform

Rally Ventures

Kaleidoscope, the leading fintech platform driving education-based philanthropy, today announced the launch of its full-service scholarship funds disbursement platform. The Kaleidoscope fintech platform connects sponsoring organizations, donors and applicants. It has facilitated over $600M in scholarships and grants since it was founded in 2017. Philanthropy broadly is a $500B per year industry, with more than $160B per year distributed in the form of scholarships to pay for higher education and advancement. Despite its market size, philanthropy has been chronically underserved by financial technology and modern software solutions. Kaleidoscope’s breakthrough solution enables organizations to easily host, manage and seamlessly operate branded scholarship and grant programs. And now, its newly launched disbursement platform takes Kaleidoscope’s capabilities to the next level by making it easy to dynamically distribute and track money awarded to recipients. There is enormous financial, tax and operational complexity around the transfer of scholarship funds from sponsor organizations to students. This burden often falls to stretched teams who don’t have the financial and compliance expertise to carry out the process, which can lead to errors and delays in getting funding to students. Kaleidoscope’s cutting-edge disbursement platform makes awarding money a seamless experience, while eliminating the administrative and compliance burden from busy teams. Features of Kaleidoscope’s disbursement platform include end-to-end management of the disbursement process, comprehensive reporting capabilities and the ability to transfer funds via check, wire, ACH and spend-managed Kaleidoscope Pre-Paid Card. "Kaleidoscope is already the leading scholarship management operational software platform," said Kaleidoscope CFO Jody Johnson. “We are now also the leading financial solutions platform for the scholarship industry. The funds disbursement industry has been stagnant for too long. We are excited to bring market leading technology tools to automate funds distribution, tracking, compliance and reporting to busy scholarship organizations.” “Kaleidoscope has been a trusted financial and scholarship partner for many years. We appreciate the partnership with Kaleidoscope because it simplifies a very complex process for our team, and we can be certain it’s being handled with care. Our Live Más Scholarship recipients also appreciate having the expert Kaleidoscope team available to guide them through the disbursement process,” said Marissa Lara, Taco Bell Foundation. To learn more about how Kaleidoscope can improve your scholarship or grant program, visit mykaleidoscope.com. About Kaleidoscope Kaleidoscope is a cloud-based fintech platform enabling organizations to fund, design, administer and host branded scholarship and grant programs. The platform uses leading technologies to deliver an end-to-end solution for sponsors, organizations and those they support. Kaleidoscope is building a future where financial aid and funding solutions are smart, cost-effective and as unique as the applicants they serve. Contact Details Rachel Subasic rachel@rallyventures.com Company Website https://www.mykaleidoscope.com/

May 15, 2023 08:03 AM Central Daylight Time

AmpliTech Reports Q1 2023 Results

Amplitech Group, Inc.

AmpliTech Group, Inc. (NASDAQ: AMPG) a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks and a worldwide distributor of packages and lids for integrated circuit assembly, and designer of complete 5G/6G systems today announced its financial results for the first quarter ended March 31, 2023. The company will host an investor call on May 22 nd 2023. Investor Earnings Call Details Date/Time: Monday May 22, 2023, 4 pm EST Dial-in Number: 1-833-630-0019 (domestic) or 1-412-317-1807 (international) Online Replay/Transcript: Audio file and call transcript will be posted to AmpliTech’s news page when available. Investor Questions: May be submitted to investors@amplitechgroup.com prior to or during the call Q1 2023 Highlights Q1 2023 revenue of $4.1 million, with gross profits of $1.8M (44%). Company maintained a healthy gross profit margin of approximately 44% amidst inflationary pressures. Core LNA sales continue to grow, while our semiconductor distribution sales decreased due to softer international demand. Company reported loss of $619,000 for Q1 2023, attributable largely to a combination of corporate expenses, our continuing R&D efforts in development of new products, and a temporary downturn in sales within our Spectrum Division. As of March 31, 2023, cash, cash equivalents, and marketable securities totaled $10.6M and working capital was $18M, giving AmpliTech ample capital to finance all of its strategic growth initiatives. Forward-Looking Update With our AGMDC division completing design releases and ready to manufacture MMIC products, an intense marketing campaign has started in Q2, with expected bookings to occur during Q2 and shipments of MMIC related products expected to contribute to sales in Q3 2023. By successfully utilizing our CRM engine, implementing AI-powered sales prospecting techniques, and leveraging increased attendance at our trade shows, we achieved a remarkable 70% surge in Request for Quotes (RFQs) for our exceptional low noise amplifier and 5G systems. Our CRM currently has $66M in the opportunity funnel, some of which the company expects will turn into sales over the next Q3 and Q4 quarters. We will participate as a gold sponsor at IMS 2023, where we eagerly anticipate connecting with some of the 10,000+ attendees and engaging in discussions about how our products can add value to their 5G, quantum, satcom, and airline Wi-Fi communications systems. Management Commentary CEO Fawad Maqbool provided his insights on AmpliTech’s financial results and future outlook: "Despite current economic challenges, our commitment to innovation and quality remains resolute as we continue working to achieve our mission to develop full systems and subsystems for rapidly emerging technology sectors, utilizing AmpliTech’s unique core technology. Our team has been working relentlessly to develop the lowest noise, lowest power-dissipating amplifiers on the market and these are included in our new 5G and wireless infrastructure products and MMIC designs for the satellite, wireless and 5G markets, including the advanced military and commercial markets. We have also recently expanded into the design of full-service, true5G Open Radio Access Network (O-RAN) front ends. These offerings are cutting-edge, end-to-end solutionsand also backwards compatible and retrofittable with existing obsolete 3G, and 4G systems. We’re excited to be bringing these products to market at a time that the 5G infrastructure market is projected to reach $99 billion by 2030, a CAGR of 37% from current levels, according to Precedence Research. This tremendous growth outlook reaffirms our belief in the significant potential of our product line to serve this market. Despite weakening economic trends and the expected 11% decline in the semiconductor market for 2023, as reported by Gartner, we remain optimistic about semiconductors, which are integral to modern technology, and why we have invested heavily in our AGMDC semiconductor division in Texas.We anticipate that global demand will bounce back as market conditions improve. The second quarter launch of the MMIC line under the AmpliTech Inc. division, coupled with our recent distribution deal with NGK, are important developments that are expected to drive future growth, in addition to our diversified portfolio, strategic investments, and the unwavering commitment of our team. With this strong foundation in place, we remain confident in our ability to empower the communication systems of tomorrow, today,” concluded Mr. Maqbool. About AmpliTech Group: AmpliTech Group, Inc. designs, develops, manufactures, and distributes state-of-the-art radio frequency (RF) microwave components for global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets as well as systems and component design consulting services. In December 2021, AmpliTech completed the purchase of the assets and operations of Spectrum Semiconductor Materials Inc., a global specialty distributor of semiconductor components based in San Jose, CA. AmpliTech has a 13+ year track record of developing high performance, custom solutions to meet the unique needs of some of the largest companies in the global industries we serve. We are proud of our focused team's unique skills, experience and dedication, which enables us to deliver superior solutions, faster time to market, competitive pricing, excellent customer satisfaction and repeat business. For more information, please visit www.amplitechgroup.com. Safe Harbor Statement This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its oﬃcers with respect to, among other things: (i) the Company's ability to execute its business plan as anticipated; (ii) trends affecting the Company's ﬁnancial condition or results of operations; (iii) the Company's growth strategy and operating strategy. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Other risks are identiﬁed and described in more detail in the “Risk Factors” section of the Company’s ﬁlings with the SEC, which are available on our website. We undertake no obligation to update, and we do not have a policy of updating or revising these forward-looking statements, except as required by applicable law. Corporate Social Media Twitter: @AmpliTechAMPG Instagram: @AmpliTechAMPG Facebook: AmpliTechInc Investor Social Media Twitter: @AMPG_IR StockTwits: @AMPG_IR Company Contact: Shan Sawant, Director of Communications AmpliTech Group, Inc. Investors@amplitechgroup.com Investor Relations Contact: Kirin Smith, President PCG Advisory, Inc. ksmith@pcgadvisory.com www.pcgadvisory.com Contact Details AmpliTech Group, Inc. Investors@amplitechgroup.com Company Website http://www.amplitechgroup.com/

May 15, 2023 09:00 AM Eastern Daylight Time

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VTS Recognizes Leading Commercial Real Estate Firms at Accelerate 2023

VTS

VTS, the commercial real estate industry’s only technology platform that unifies owners, operators, brokers, and tenants to capitalize on opportunities revealed in every square foot of their properties, today announced it has recognized a number of its top customers with exclusive awards celebrating exceptional use of the VTS Platform in ways that are transforming day-to-day business operations. The awards were presented at VTS’ global innovation conference, Accelerate, held in New York on May 10 and 11, to an audience of more than 400 of the commercial real estate industry’s most influential executives and thought leaders. Recipients were honored during a ceremony which distinguished customers who are using the VTS Platform in an exceptional way. The award categories and winners were as follows: Operational Excellence Award Awarded to Jamestown The Operational Excellence award recognizes a VTS client who has streamlined and centralized their portfolio-wide operations, revolutionizing their day-to-day processes through technology. Marketing Excellence Award Awarded to Swift Real Estate Partners The Marketing Excellence award honors companies who exemplify innovation in their approach to marketing in the commercial real estate industry. Tenant Activation Award Awarded to American Real Estate Partners (AREP) The Tenant Activation award recognizes a VTS client who exemplifies a standout tenant retention and relationship management strategy in the commercial real estate industry. Data-Driven Excellence Award Awarded to Tishman Speyer The Data-Driven Excellence award honors a company who has implemented data across their organization to optimize strategy and management - improving efficiencies across their portfolio. Rising Star Award Awarded to Callahan Capital Partners The Rising Star award recognizes first-year VTS clients who’ve shown outstanding performance in rolling out VTS and integrating the platform within their operations. Global Excellence Award Awarded to Pembroke Real Estate The Global Excellence award recognizes a VTS client who exemplifies excellence globally through their efforts in digital transformation and innovation to drive growth across their portfolio worldwide. Regional Excellence Award Awarded to Cannon Hill Capital Partners The Regional Excellent award recognizes a leading landlord that has transformed their business operations across a given region by implementing world-class change management portfolio-wide with technology and digitization at the core. “VTS recognizes this exceptional group of industry leaders who are leading by example through innovation across their portfolio,” said Nick Romito, CEO of VTS. “These owners and operators are at the forefront of modernizing operations, investment, and management with their commitment to technology, providing best-in-class service for customers and giving them a competitive advantage in weathering current market conditions.” Accelerate 2023 featured two days of content, including keynote presentations from distinguished guest speakers and VTS executives, breakout sessions with influential commercial real estate leaders and tech visionaries, VTS user-education content, and networking events. The one-of-a-kind conference brought together innovative executives from around the globe and influential thought leaders to discuss strategies to weather the current economic environment, as well as the technologies, trends, and ideas that define modern commercial real estate. The conference content has been specifically curated to educate members of the C-Suite and senior leasing and asset management executives about the modernization of commercial real estate and how leading companies are adapting their strategies to stay competitive and win. About VTS VTS is the commercial real estate industry’s only technology company that unifies owners, operators, brokers, and tenants in a single platform to capitalize on opportunities revealed in every square foot of their properties. In 2013, VTS revolutionized the commercial real estate industry’s leasing operations with what is now VTS Lease. Today, the VTS Platform is the largest first-party data source in the industry, transforming how strategic decisions are made and executed by CRE professionals across the globe. With the VTS Platform, consisting of VTS Lease, VTS Market, VTS Activate, and VTS Data, every business stakeholder in commercial real estate is given real-time market information and workflow tools to do their job with unparalleled speed and intelligence. VTS is the global leader, with more than 60% of Class A office space in the U.S., and 12 billion square feet of office, retail, and industrial space is managed through our platform worldwide. VTS’ user base includes over 45,000 CRE professionals and industry-leading customers such as Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, BXP, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Marino PR Sofia Chevez +1 646-912-5354 schevez@marinopr.com Company Website https://www.vts.com/

May 15, 2023 09:00 AM Eastern Daylight Time

WorkHack secures seed round as it helps companies adopt generative AI capabilities into their product suite

WorkHack

OpenAI’s ChatGPT has taken the world by storm since its release in November 2022 and companies have been racing to adopt this in some shape or form in their business processes. Helping these companies embrace the opportunity, WorkHack is today announcing a $1.5M funding round to develop its AI tech layer which allows businesses to deploy safe, thoughtful, and responsible AI functions. The funding round was co-led by Together Fund along with Nexus Venture Partners, and also saw participation from The New Normal Fund led by Allison Pickens along with marquee angel investors. The founder of WorkHack, Akshat Tyagi, was an early stage user of Open AIs original GPT3 model in 2021 and has seen first-hand the development of various large language models (LLMs) since. Despite the widespread interest and adoption of the technology its direct commercial use cases are yet to go beyond copywriting and search chatbots. Moreover, LLMs remain a black box of unknowns for companies to deploy for serious business applications. In recognising the gulf between the technology and business applications, WorkHack has been building tools that allow companies to deploy safe, thoughtful and responsible AI without having to build AI models of their own. Gartner suggests that Responsible AI can enable the right outcomes by resolving dilemmas rooted in delivering value versus tolerating risks. Responsible AI is an umbrella term for aspects of making appropriate business and ethical choices when adopting AI, including business and societal value, risk, trust, transparency, fairness, bias mitigation, explainability, accountability, safety, privacy and regulatory compliance. Responsible AI will take 5 to 10 years to reach mainstream adoption but will ultimately have a transformational impact on business. Established in 2021, WorkHack began working with business in the recruitment industry building AI for interviews using GPT3. After successfully onboarding multiple large enterprise customers within a few months of going live, and realizing the opportunity was much larger than they initially anticipated, the company branched into the marketing-tech sector with use-cases for conversions, consultation journeys, cancellations, habit formation and lead qualification. Today, WorkHack is the infrastructure that provides templates of use cases for companies to build custom conversational agents and deploy them on their own delivery stacks like web, mobile and Whatsapp. WorkHack AI has already made over a million conversations towards specific goals. Gartner has reported that by 2025, 30% of outbound marketing messages from large organizations will be synthetically generated, up from less than 2% in 2022. Akshat Tyagi, founder of WorkHack commented: “ChatGPT is an exciting consumer tool to play with and there is palpable excitement among companies also, even large customer engagement platforms like Intercom, Hubspot and Salesforce have attempted to use generative AI within their current products. WorkHack answers the questions of how to make the adoption scale responsibily. We will be the stable AI layer that enterprises trust for solving their generative AI journey. Our core strength is recognising what areas of human interactions can significantly benefit from a technology that appears to be able to think and reason”. “Many companies are trying and have tried to train their own LLMs for security reasons, but more often than not these do not stand a chance against models built by larger tech companies. WorkHack will be the layer on the top of existing LLMs to make it viable for businesses to move forward with AI adoption” added Akshat Tyagi. "We are thrilled to partner with Workhack, a leading provider of generative AI solutions. As every business will need tools to control and leverage Generative AI to drive better customer engagement, we believe that Workhack is the ideal partner for the businesses to achieve that goal. Workhack's platform makes it seamless for any consumer-facing enterprise to make AI goals driven towards their sales & marketing use cases, in a predictable and secure fashion”. Says Manav Garg, Founding Partner, Together Fund and CEO, Eka “Application layer for generative AI till now has primarily aided activities like copywriting and graphic editing. WorkHack aims to build predictability and goal alignment for companies to deploy and find their own interesting use-cases of Gen AI. We are thrilled to partner with Akshat and WorkHack team to help drive the adoption of Generative AI at scale”, says Jishnu Bhattacharjee, managing director, Nexus Venture Partners. WorkHack is the first large-scale enterprise deployment of ChatGPT’s foundation technology for complex use cases. About WorkHack WorkHack is the guardrail to make ChatGPT and other Large Language Models ready to deploy for complex business outcomes. By building thoughtful, safe and controllable AI, WorkHack is building a layer that eliminates the risk and complexity of using generative AI for real-life usecases. Having processed over a million users for its customers, WorkHack is one of the first companies to deploy generative AI for large-scale enterprises. For more information please visit https://workhack.ai/ About Together Fund Together Fund is India’s first enterprise software-focused, Operator-led fund started by Girish Mathrubootham (Founder, Freshworks), Manav Garg (Founder, Eka) and Shubham Gupta (ex Matrix Partners). Together invests in Seed and Series A opportunities across AI, Devtools, Cloud Infra, Security, Horizontal & Vertical SaaS applications. With a “for-founders, by-founders” DNA, Together is joined by 150+ global founders & operators in this endeavour to help build global products from India. For more information, please visit the website or follow via Linkedin & Twitter Contact Details WorkHack Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://workhack.io/

May 15, 2023 07:00 AM Eastern Daylight Time

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NAVEX’s Jan Stappers Joins the Group of Experts on Risk Management in Regulatory Systems (GRM)

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, announces that its GRC and Whistleblowing Specialist, Jan Stappers, has joined the Group of Experts on Risk Management in Regulatory Systems (GRM), which functions within the Working Party on Regulatory Cooperation and Standardisation Policies (WP.6) of the United Nations Economic Commission for Europe (UNECE). WP.6 encourages increased regulatory coherence in specific sectors that have a critical impact on sustainable development and promotes greater resilience to natural and man-made hazards. The GRM, established in 2010, systematises and develops risk management best practice as applied to regulatory activity and international trade. It also explores how risk management can contribute to an efficient regulatory framework, improve the management of hazards that may impact the quality of products and services or cause harm to humans, the environment, property, and immaterial assets. “We are delighted to have Jan Stappers join the GRM,” said Valentin Nikonov, Co-Coordinator of the UNECE Group of Experts on Risk Management. “His commitment to European organisations in harmonising their regulatory obligations and evolving risk management best practices for the betterment of the industry, employees, and broader community makes him a perfect fit.” Stappers was acknowledged for his work on organisational whistleblowing management and engagement in developing the ISO 37002 Guidance. He joins a diverse group of experts from 13 countries, who provide perspectives from authorities, standard-setting organisations, conformity assessment bodies, universities, research institutions, and business organisations. “I look forward to working with the Group of Experts to guide risk management best practice in regulatory frameworks to safeguard our everyday lives against hazards,” said Stappers. “This will help the GRM to continue developing best practice to keep products safe, make organisations’ processes more stable, and ensure better consumer protection.” 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 Anita Lo +44 7778 754858 anita.lo@navex.com Company Website https://www.navex.com

May 15, 2023 04:00 AM Eastern Daylight Time

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